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Cheque Size$1M to $5M
Stages4
Industries21
Markets20
Stated Portfolio2
Operating Since2021 (5y)

About Nestcoin

Nestcoin is a Nigerian venture capital firm dedicated to building, operating, and investing in crypto-native products for everyday people in frontier markets. Established in 2021 by Yele Bademosi and Joseph Orilogbon, the firm aims to democratize access to economic opportunities by making modern finance borderless, trustless, and delightful. Nestcoin focuses on developing and supporting Web3 applications, including decentralized finance (DeFi) platforms, media initiatives, digital art projects, and gaming ventures. The firm's investment strategy encompasses various stages, from seed to growth, with a particular emphasis on early-stage investments. Nestcoin's portfolio includes a diverse range of sectors such as technology, financial services, blockchain, cryptocurrency, Web3, media, digital art, gaming, and decentralized finance. The firm has made strategic investments in companies like LazerPay, a blockchain-based payment gateway that enables businesses to accept cryptocurrency payments, and Metaverse Magna, a gaming guild that allows users to earn income through blockchain-based games. Despite facing challenges, including the loss of assets during the FTX collapse in 2022, Nestcoin remains committed to its mission of accelerating crypto adoption in Africa. The firm continues to focus on building and investing in products that make cryptocurrency accessible to everyone, aiming to reshape the financial landscape in frontier markets and drive the mainstream adoption of digital assets across the continent.

Requirements

Innovative blockchain and cryptocurrency projects, Strong team with technical expertise, Scalable business models, Clear path to profitability, Alignment with Nestcoin's mission to democratize access to economic opportunities

Stated Portfolio2

LazerPay
Metaverse Magna

As reported by the investor. We hold no profile for these companies, so they are printed as stated rather than linked.

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Profile

TypeVenture Capital
CountryNigeria
Founded2021
Minimum Cheque$1M
Maximum Cheque$5M