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🌟 MAGIC Fund: Catalyst for African Tech Innovation 🌟 Empowering African startups with Pre-seed and Seed funding. Notable portfolio includes Eden Life, Voyance, Bamboo. Unique approach: πŸš€ Early-stage focus to foster tech ecosystem growth 🌍 Pan-African reach, supporting startups across the continent πŸ’‘ Founder-friendly approach, nurturing entrepreneurial talent #AfricanTech #VCImpact #EmergingMarkets

MAGIC Fund's Latest news
Opportunity for Early-Stage Startups: MAGIC Fund raises $30m - Vanguard

MAGIC Fund raises $30m to scale founders-backing-founders vision - Disrupt Africa

MAGIC Fund raises $30 million to scale its global founders-backing-founders vision - Nairametrics

VC firm, MAGIC Fund raises $30m to support early-stage startups globally - Techpoint Africa

MAGIC Fund's Investment activity in Africa

With over $30.5M invested in African startups, their latest investment was a Seed round in Credable, announced on March 20th, 2023, closing at $2.5M.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Pre-seed
Bamboo
NigeriaMar 01, 2020Undisclosed
Pre-seed
Voyance
NigeriaMar 01, 2020Undisclosed
Pre-seed
Payday
NigeriaNov 07, 2021$ 1,000,000
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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MAGIC Fund's Investment Distribution in Africa.

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

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