LemFi
January 2025 · NigeriaSeries B53 M$EquityFintechCo-Invest
Co-investor alongside Highland Europe
Activity : Money transfer and remittances
LemFi , the Nigerian-born Pan-African fintech platform for immigrants, has raised USD 53 M in a Series B funding round led by Highland Europe, with participation from Left Lane Capital, Palm Drive Capital, Y Combinator, and Endeavor Catalyst.
Co-investors Left Lane Capital, Y Combinator
Source : weetracker.com
Maka
December 2023 · GhanaPre-Seed2.65 M$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