Singularity Investments

Singularity Investments is a private investment vehicle that backs early stage technology, media, and telecommunications companies with a focus on Africa. It has been described in reputable coverage as being based in Lagos, Nigeria, and as investing in disruptive technology businesses at early and growth stages. From November 2015 to April 2018, Singularity Investments participated in seven disclosed funding rounds totaling approximately 17.4 million dollars. The firm has been particularly active at the seed stage, with six seed investments and one Series A round. Investment activity has been concentrated in African markets including Kenya, Nigeria, and Ghana, and has focused on sectors such as AI and analytics, fintech, and health technology. In Africa, Singularity Investments has backed companies like Asoko Insight, a corporate intelligence and data analytics platform serving investors and corporates across African markets, Paystack, a payments platform enabling online and offline transactions in Nigeria, and mPharma, a health technology company improving access to affordable medicines through local pharmacies in Ghana. Co investment partners on these rounds have included firms such as Lateral Frontiers, CRE Venture Capital, North Base Media, Comcast Ventures, Tencent, Social Capital, and others, reflecting Singularity Investments’ collaborative approach in building Africa’s technology ecosystem.