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Since 2016, Lynett Capital has backed 4 African startups across 5 disclosed funding rounds totaling $8.8M, most heavily in Nigeria and E-commerce & Retail.
Lynett Capital is an early stage investment firm that backs technology companies. Public filings and investor databases describe it as an angel group and venture capital firm with a focus on high potential technology businesses, headquartered in Jupiter, Florida in the United States. The firm was founded by Ben Lynett. In Africa, Lynett Capital has been active at the seed stage, with all recorded rounds in the May 2016 to February 2019 period classified as seed investments. The firm has deployed approximately 8.8 million dollars across five funding rounds, backing companies primarily in Nigeria and Kenya. Its African portfolio includes e commerce and retail, telecom and connectivity, and fintech businesses, such as Wasoko in Kenya, and Tizeti, Wifi.com.ng, and Send App in Nigeria. Across these African investments, Lynett Capital has frequently participated in syndicated rounds alongside global investors such as Y Combinator, Golden Palm Investments, and other technology focused funds, reflecting a collaborative approach to early stage financing in emerging markets.
Data updated · Aug 18, 2026
Lynett Capital has backed 4 African startups across 5 disclosed funding rounds tracked on Liners, totaling $8.8M since 2016.
Mostly Seed: 5 of its 5 tracked rounds are at that stage.
Its tracked rounds lean toward E-commerce & Retail (2), Telecom & Connectivity (2), Fintech (1).
Lynett Capital most often shares rounds with Golden Palm Investments (3 shared deals), Y Combinator (3 shared deals), 4DX Ventures (2 shared deals).
Lynett Capital is an early stage investment firm that focuses on technology companies. It operates as an angel group and venture capital investor, backing high potential businesses in sectors such as e commerce and retail, telecom and connectivity, and fintech. The firm is headquartered in Jupiter, Florida in the United States.
Lynett Capital has backed several African technology companies, including Wasoko in Kenya and Tizeti, Wifi.com.ng, and Send App in Nigeria. These companies operate in e commerce and retail, telecom and connectivity, and fintech sectors. All recorded investments in these companies were at the seed stage.
Lynett Capital often co invests with other early stage technology investors. In its African deals, frequent co investors include Golden Palm Investments and Y Combinator, alongside funds such as 4DX Ventures, Village Global, and others. This pattern suggests that Lynett Capital typically participates in syndicated rounds with a network of global partners.