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Since 2022, Ajim Capital has backed 4 African startups across 4 disclosed funding rounds totaling $4.7M, most heavily in Nigeria and Health Tech.
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.
Data updated · Mar 27, 2026
Ajim Capital has backed 4 African startups across 4 disclosed funding rounds tracked on Liners, totaling $4.7M since 2022.
Mostly Seed: 4 of its 4 tracked rounds are at that stage.
Ajim Capital's tracked rounds are concentrated in Nigeria (2), Kenya (1), Côte d'Ivoire (1).
Its tracked rounds lean toward Health Tech (1), Travel & Mobility (1), Real Estate & Property (1), and 1 more sector.
Ajim Capital most often shares rounds with HoaQ (2 shared deals), Daba (2 shared deals), Noemis Ventures (2 shared deals).
Ajim Capital has backed Clafiya and Spleet in Nigeria, Buupass in Kenya, and Daba in Côte d'Ivoire. Its portfolio exceeds 30 companies building Africa's core infrastructure.
Eunice Ajim, a two-time founder, serves as the founding general partner. She launched the fund in January 2022 after exiting her startup OpenTeams.