Velocity Capital & Progression Africa logoVelocity Capital & Progression Africa

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Velocity Capital & Progression Africa, known for backing Cellulant, are impact investors targeting Series C rounds. Their focus on tech solutions tackling climate change and other social-economic challenges sets them apart in the African investment ecosystem.

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Venture Capital

Velocity Capital & Progression Africa's Portfolio in Africa

Velocity Capital & Progression Africa has made over 1 notable investments in African startups. Their most recent investment was in Cellulant, announced on May 14th, 2018.
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Velocity Capital & Progression Africa's Investment activity in Africa

With over $47.5M invested in African startups, their latest investment was a Series C round in Cellulant, announced on May 14th, 2018, closing at $47.5M.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Series C
Cellulant		KenyaMay 14, 2018$ 47,500,000
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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Velocity Capital & Progression Africa's Investment Distribution in Africa.

Velocity Capital & Progression Africa's currently has Startuup investments spread across the following location(s)

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