Ajim Capital is an early-stage venture capital fund focused on backing exceptional African founders building essential technology infrastructure across Sub-Saharan Africa. Founded in January 2022 by Eunice Ajim, a two-time founder and Forbes 30 Under 30 Venture Capital honoree, the firm invests at pre-seed and seed stages. It leads and co-leads first-check investments with Fund II checks ranging from $250K to $500K. The fund targets pan-African technology companies in sectors such as fintech, logistics, vertical SaaS, and AI. Its portfolio includes over 30 companies, with investments in Nigeria (Clafiya in health tech, Spleet in real estate & property), Kenya (Buupass in travel & mobility), and Côte d'Ivoire (Daba in fintech). Active from April 2022 to July 2023, Ajim Capital participated in four seed rounds totaling $4.7M. Ajim Capital often co-invests with partners like HoaQ, Noemis Ventures, and Daba, supporting founders through a founder-first approach and deep ecosystem relationships.
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