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Since 2021, NGC Ventures has backed 2 African startups across 2 disclosed funding rounds totaling $3.8M, most heavily in Nigeria and Crypto & Web3.
NGC Ventures is an early-stage venture capital firm focused on blockchain and crypto technologies. Its official site says the firm has been investing in blockchain since 2017 and describes its thesis as infrastructure-driven. In Africa, the investor’s recorded activity is concentrated in Nigeria, with three funding rounds between February 2021 and February 2022. The available deal data shows participation in seed and venture-stage rounds, and a sector focus on Crypto and Web3. Known backed companies in Nigeria include Xend Finance and Canza Finance. The firm’s official site also identifies NGC Ventures as an early-stage VC fund. Available public data indicates its broader focus is on infrastructure-oriented blockchain opportunities, which aligns with its investments in Web3 and crypto businesses.
Data updated · Jul 29, 2026
NGC Ventures has backed 2 African startups across 2 disclosed funding rounds tracked on Liners, totaling $3.8M since 2021.
Mostly Seed: 1 of its 2 tracked rounds are at that stage, followed by Venture (Round not Specified) (1).
NGC Ventures's tracked rounds are concentrated in Nigeria (2).
Its tracked rounds lean toward Crypto & Web3 (2).
NGC Ventures most often shares rounds with Fenbushi (1 shared deal), Dominance Ventures (1 shared deal), Bixin Ventures (1 shared deal).
NGC Ventures is an early-stage venture capital firm focused on blockchain and crypto technologies. Its official site says the firm has been investing in blockchain since 2017.
The confirmed African portfolio companies in the provided data are Canza Finance and Xend Finance. Both are Nigeria-based and connected to Crypto and Web3.
