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Third Derivative is an impact-focused VC firm investing in early-stage African startups tackling the continent's most pressing challenges. With a portfolio including game-changers like BasiGo and Gricd, they stand out by empowering founders with flexible funding options such as Convertible Notes and a focus on Pre-seed rounds, providing vital support at the nascent stages of growth.

Type
Venture Capital

Third Derivative's Portfolio in Africa

Third Derivative has made over 2 notable investments in African startups. Their most recent investment was in BasiGo, announced on November 2nd, 2021.
Third Derivative's Latest news
Third Derivative launches carbon removal partnership and new cohort - ImpactAlpha

Third Derivative and the Grantham Trust Launch First Gigaton Captured to Accelerate Carbon Capture Innovations - PR Newswire

Third Derivative Launches Innovation Ecosystem to Accelerate Climate Solutions - PR Newswire

Third Derivative Launches Innovation Ecosystem to Accelerate Climate Solutions - PR Newswire

Third Derivative's Investment activity in Africa

With over $1.1M invested in African startups, their latest investment was a Pre-seed round in BasiGo, announced on November 2nd, 2021, closing at $1M.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Pre-seed
BasiGo
KenyaNov 02, 2021$ 1,000,000
Convertible Note
Gricd
NigeriaDec 20, 2020$ 100,000
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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Third Derivative's Investment Distribution in Africa.

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

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