Formation 8 is a venture capital firm that supported top entrepreneurs to build market leading smart enterprise and energy technology companies. The firm was headquartered in San Francisco, California. Formation 8 invested $179.2 million across three funding rounds in Nigeria from September 2015 to March 2019. It participated in seed, Series A, and Series C stages, with a focus on the fintech sector. All investments targeted Branch, a company providing instant smartphone loans, payments, and savings in Nigeria. Co-investors included Andreessen Horowitz, Khosla Impact, and others such as Foundation Capital, Foxhaven, Visa, Trinity Ventures, Victory Park Capital, International Finance Corporation, CreditEase, Greenspring Associates, and B Capital Group.
Breet — Crypto & Stablecoins Payment API for African Businesses 
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