GJO & Partners
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Palm Drive Capital

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: 3 recorded deals

Investor type
Private equity or venture capital fund (inferred, not verified)
Capital type
Private equity (inferred from deals)
Observed ticket
2.7 M$ – 100 M$, median 53 M$ (3 disclosed amounts)
Countries
Nigeria (2), Ghana (1)
Activities
Money transfer and remittances (1), Online retail (1), Vehicle and productive-asset finance (1)
Instruments
Equity (3)
Stages
Series B (2), Pre-Seed (1)
Recent activity
0 deal in 12 months, latest Jan 2025

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*, Financial services*
Target geographies
Ghana*, Nigeria*

* added from its deals

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

Reference deals

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

LemFi

January 2025 · Nigeria
Series B53 M$EquityFintechCo-Invest

Co-investor alongside Highland Europe

Activity : Money transfer and remittances

LemFi , the Nigerian-born Pan-African fintech platform for immigrants, has raised USD 53 M in a Series B funding round led by Highland Europe, with participation from Left Lane Capital, Palm Drive Capital, Y Combinator, and Endeavor Catalyst.

Co-investors Left Lane Capital, Y Combinator

Source : weetracker.com

Moove

March 2024 · Nigeria
Series B100 M$EquityFinancial servicesCo-Invest

Co-investor alongside Uber

Activity : Vehicle and productive-asset finance

Moove , an African mobility fintech that offers vehicle financing to ride-hailing and delivery app drivers, has raised USD 100 M in a funding round as it plots expansion into new markets.

Co-investors AfricInvest, Mubadala, The Latest Ventures, Triatlum Advisors

Source : weetracker.com

Maka

December 2023 · Ghana
Pre-Seed2.65 M$EquityE-commerceCo-Invest

Co-investor alongside Janngo Capital

Activity : Online retail

Vehicle : Janngo Capital Startup Fund

Maka is a social commerce platform enabling fashion and beauty purchases through user-generated video content, active in Ghana and Nigeria.

Why they invested

  • Experienced founder (former CEO of Jumia Ghana, former CCO of Jumia Kenya)
  • Over 500,000 app downloads
  • Addresses a trust gap in African fashion/beauty e-commerce
  • Creator monetization model

Co-investors 4DX Ventures, Jonathan Shipman (angel), Wolt executives (angels)

Source : techcrunch.com

In short

Palm Drive Capital invests across the following sectors: E-commerce, Fintech, and Financial services, in the following areas: Ghana and Nigeria. Check in 30 seconds whether your company fits these criteria.