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Magic Fund's Latest news
How Magic Fund's Temi Marcella Awogboro uses her experience to help portfolio companies - Techpoint Africa

Backed by Magic Fund, The Oak Capital, Berrywood Capital, Future Africa, and First Circle Capital, VeendHQ Raises a Total of $330,000 in Pre-Seed Funding - Disrupt Africa

Magic Fund's Investment activity in Africa

With over $16.6M invested in African startups, their latest investment was a Pre-seed round in Balad, announced on November 1st, 2022, closing at an undisclosed amounts.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Seed
Bongalow
NigeriaMay 24, 2021Undisclosed
Pre-seed
Payday
NigeriaOct 08, 2021$ 1,000,000
Pre-seed
Balad
EgyptNov 01, 2022Undisclosed
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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Magic Fund's Investment Distribution in Africa.

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

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