Discover Products, Get Discovered.
Individuals find the right products. Businesses reach the right audience. One platform, free for both.
Individuals find the right products. Businesses reach the right audience. One platform, free for both.
Since 2021, firstminute capital has backed 2 African startups across 3 disclosed funding rounds totaling $18.3M, most heavily in Kenya and E-commerce & Retail.
firstminute capital is a venture capital firm focused on early stage technology companies. Founded in 2017 by Spencer Crawley and Brent Hoberman, the firm manages around $500 million in assets under management and is backed by a large network of unicorn founders. It is headquartered in London, United Kingdom, with its office at the Arundel Street Building on the Strand. The firm’s mandate is pre seed and seed investing, writing initial cheques typically between £1 million and £3 million into technology driven businesses. In Africa, based on disclosed rounds, firstminute capital has participated in three early stage financings between December 2021 and January 2025. These include seed and pre Series A investments in Kapu in Kenya, an e commerce and retail business focused on everyday essentials, and a seed investment in axis in Egypt, a fintech company offering a unified wallet to send, spend, and get paid. This activity highlights a preference for seed stage backing of e commerce and fintech startups in Kenya and Egypt. firstminute capital describes itself as a generalist seed fund with deep expertise in vertical AI applications and deeptech, while also investing in sectors such as SaaS, climate technology, consumer, health technology, food technology, property technology, and electronic commerce. Its goal is to support founders at seed who are building globally ambitious technology companies, and it often invests alongside other international venture firms and accelerators.
Data updated · Jul 29, 2026
firstminute capital has backed 2 African startups across 3 disclosed funding rounds tracked on Liners, totaling $18.3M since 2021.
Mostly Seed: 2 of its 3 tracked rounds are at that stage, followed by Pre-Series A (1).
Its tracked rounds lean toward E-commerce & Retail (2), Fintech (1).
firstminute capital most often shares rounds with Giant Ventures (2 shared deals), Norrsken (accelerator) (2 shared deals), Founder Collective (2 shared deals).
firstminute capital is a London based venture capital firm that specializes in pre seed and seed investments in technology companies. It was founded in 2017 by Spencer Crawley and Brent Hoberman and manages approximately $500 million in assets under management.
Based on disclosed investment data, firstminute capital has backed Kapu in Kenya at seed and pre Series A stages and axis in Egypt at seed stage. This shows activity in Kenya and Egypt within Africa, particularly in e commerce and retail and fintech sectors.
