Ingressive Capital grows its African startup fund to US$10 million

Ingressive capital is a venture capital (VC) group that offers pre-seed and seed funding to startups in business-to-business, business-to-consumer, internet and fintech spaces. Ingressive Capital through new investment from Nigeria Sovereign Investment Authority, Plexo Capital, Platform Capital, other institutional capital and backers have been able to expand their fund to US$10 million.

The group’s investments average from US$200 000 to 400 000, and they take a 10% ownership for their investment. Ingressive Capital’s portfolio includes, OZÉ, Paystack, Jetstream, 54gene, Bamboo and many others.

They are taking applications from startups in Sub-Saharan Africa. There is currently no deadline for applicants and the form to apply can be found here