Picus Capital

Picus Capital is an international venture capital firm that invests in early stage technology companies. It is headquartered in Munich, with additional offices in locations such as New York, Berlin, London and Bangalore, which allows the team to work closely with founders across multiple regions. The firm follows a long term investment philosophy and positions itself as an entrepreneurial sparring partner for technology driven businesses. In Africa, Picus Capital has been an active backer of high growth companies in Nigeria, participating in four funding rounds between 2017 and 2022. According to available funding data, the firm has invested across seed, Series A and Series B stages, with a total of approximately 51.8 million dollars deployed in these disclosed African deals. Its African portfolio includes Nigerian health technology company Reliance Health, where Picus Capital has joined both Series A and Series B rounds, as well as fintech company Sudo and telecom and connectivity provider Tizeti at the seed stage. Across these Nigerian investments, Picus Capital has shown a particular focus on health technology, financial technology and digital connectivity. By supporting companies that provide digital health plans, embedded payments infrastructure and affordable broadband access, the firm contributes capital and expertise to technology platforms that seek to expand access to essential services in African markets.