GJO & Partners
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Magic Fund

Public data, unclaimed profile

Investisseur référencé à partir d'opérations publiées. Secteurs, pays, instruments et tickets affichés d'après ses opérations ; le fonds peut revendiquer sa fiche pour préciser sa thèse.

At a glance

Based on observed investment behaviour: 4 recorded deals

Investor type
Private equity or venture capital fund (inferred, not verified)
Capital type
Venture capital (inferred from deals)
Observed ticket
1.9 M$ – 30 M$, median 2.5 M$ (4 disclosed amounts)
Countries
Nigeria (4)
Activities
Payments and mobile money (2), B2B e-commerce (1), Delivery and last mile (1)
Instruments
Equity (3)
Stages
Pre-Seed (2), Series A (1)
Recent activity
0 deal in 12 months, latest Dec 2024

Stated thesis versus observed behaviour

No stated thesis: the comparison is not possible.

Does this fund fit your project?

Describe your need: the target list shows, for each source of capital, why it fits and which deals prove it.

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Investment thesis

Criteria inferred from recorded deals: the fund has not stated its thesis yet.

Investment ticket
n/a
Instruments
Equity*
Preferred sectors
E-commerce*, Fintech*, Logistics*
Target geographies
Nigeria*

* added from its deals

Stages (stated by the fund and from its deals)
Pre-SeedSeries A

Reference deals

Recent public deals: they say better than a thesis what the fund actually signs.

Klasha

October 2024 · Nigeria
2 M$EquityFintechCo-Invest

Co-investor alongside Alumni Ventures

Activity : Payments and mobile money

Klasha, a global cross-border payments company, has secured an additional USD 2 M in funding from Klasha’s existing investors, including Alumni Ventures , Practical VC , Breega , Expert Dojo , My Asia VC , Resilience 17 , and Magic Fund .

Co-investors Breega, Expert Dojo, My Asia VC, Practical VC, Resilience17

Source : weetracker.com

Vendease

September 2022 · Nigeria
Series A30 M$EquityE-commerceCo-Invest

Co-investor alongside TLcom Capital

Activity : B2B e-commerce

Vehicle : TIDE Africa Fund I

Vendease automates food procurement for restaurants in Nigeria and Ghana through a digital procurement platform.

Why they invested

  • Digitization of food procurement for the restaurant sector
  • Significant sourcing cost reduction for restaurant operators

Co-investors GFR Fund, Hack VC, Hustle Fund, Kairos Angels, Kube VC, Partech Africa, VentureSouq

Source : techcrunch.com

In short

Magic Fund invests across the following sectors: E-commerce, Fintech, and Logistics, in the following areas: Nigeria. Check in 30 seconds whether your company fits these criteria.