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Since 2021, Fedha Capital has backed 4 African startups across 4 disclosed funding rounds totaling $12.4M, most heavily in Nigeria and Health Tech.
Fedha Capital is a sector-agnostic venture capital firm based in Nigeria. Birthed by five entrepreneurs with extensive experience across finance, real estate, advisory, hospitality, education, manufacturing, and trading, the firm partners with visionary founders building tomorrow's products. It focuses on early-stage companies, including Seed and Series A, through resources like the Spark Fund targeted at seed-stage ventures. Fedha Capital invested $12.4M across four funding rounds from October 2021 to June 2022, all in Nigerian startups. It participated in Seed (two rounds), Angel (one), and Series A (one) stages, targeting sectors such as Health Tech (Pharmarun), Fintech (ZirooPay), Real Estate & Property (Spleet), and Crypto & Web3 (Bitmama). The firm collaborated with co-investors including Future Africa, MetaProp, and VFD Group. Fedha Capital aims to motivate communities in Nigeria and Africa by supporting efficient, forward-thinking entrepreneurs addressing financial and capital-intensive challenges in sub-Saharan Africa.
Data updated · Jul 29, 2026
Fedha Capital has backed 4 African startups across 4 disclosed funding rounds tracked on Liners, totaling $12.4M since 2021.
Mostly Seed: 2 of its 4 tracked rounds are at that stage, followed by Angel (1).
Fedha Capital's tracked rounds are concentrated in Nigeria (4).
Its tracked rounds lean toward Health Tech (1), Fintech (1), Real Estate & Property (1), and 1 more sector.
Fedha Capital most often shares rounds with Abiodun Ajayi (1 shared deal), Stephane Kurgan (1 shared deal), Zrosk Investment Management (1 shared deal).
Fedha Capital has invested in Pharmarun (Angel, Jun 2022), ZirooPay (Series A, $11.4M, Apr 2022), Spleet (Seed, $630K, Mar 2022), and Bitmama (Seed, $350K, Oct 2021).