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Addition is a US-based fund aggressively backing African Seed & Series A startups. Portfolio stars: dLocal, Flash. Unique for their global network and high-conviction, early-stage bets.

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Addition's Portfolio in Africa

Addition has made over 2 notable investments in African startups. Their most recent investment was in dLocal, announced on September 15th, 2020.
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Addition's Investment activity in Africa

With over $206M invested in African startups, their latest investment was a Series A round in dLocal, announced on September 15th, 2020, closing at $200M.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Series A
dLocal		South AfricaSep 15, 2020$ 200,000,000
Seed
Flash		EgyptJul 17, 2023$ 6,000,000
Seed
VendEase		NigeriaMar 23, 2021$ 125,000
Seed
VendEase		NigeriaMar 23, 2021$ 125,000
Seed
VendEase		NigeriaMar 23, 2021$ 125,000
Seed
VendEase		NigeriaMar 23, 2021$ 125,000
Seed
VendEase		NigeriaMar 23, 2021$ 125,000

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Addition's Investment Distribution in Africa.

Addition's currently has Startuup investments spread across the following location(s)

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