---
title: "True Culture Fund"
description: "True Culture Fund is a venture capital investor focused on early-stage startups. It has participated in seed-stage funding rounds for Nigerian companies. The fund has invested a total of $7.3 million across three seed rounds from May 2022 to April 2024. Its investments target Nigeria exclusively, with a focus on fintech (two investments), logistics and supply chain (one), and cybersecurity (one). Companies backed include Chowdeck, Grey, and Prembly. True Culture Fund has co-invested alongside prominent players such as Y Combinator in all three rounds, Soma Capital and Karthik Ramakrishnan in two rounds each, and others including Goodwater Capital, FounderX Ventures, and Haleakala Ventures."
canonical_url: "https://liners.com/investors/true-culture-fund"
markdown_url: "https://liners.com/investors/true-culture-fund.md"
type: "investor"
language: "en"
updated_at: "2026-03-27T07:17:01.885Z"
---

# True Culture Fund

True Culture Fund is a venture capital investor focused on early-stage startups. It has participated in seed-stage funding rounds for Nigerian companies. The fund has invested a total of $7.3 million across three seed rounds from May 2022 to April 2024. Its investments target Nigeria exclusively, with a focus on fintech (two investments), logistics and supply chain (one), and cybersecurity (one). Companies backed include Chowdeck, Grey, and Prembly. True Culture Fund has co-invested alongside prominent players such as Y Combinator in all three rounds, Soma Capital and Karthik Ramakrishnan in two rounds each, and others including Goodwater Capital, FounderX Ventures, and Haleakala Ventures.

## Breadcrumbs

- [Investors](/investors)
- [True Culture Fund](/investors/true-culture-fund)

## Summary

True Culture Fund is a venture capital investor focused on early-stage startups. It has participated in seed-stage funding rounds for Nigerian companies. The fund has invested a total of $7.3 million across three seed rounds from May 2022 to April 2024. Its investments target Nigeria exclusively, with a focus on fintech (two investments), logistics and supply chain (one), and cybersecurity (one). Companies backed include Chowdeck, Grey, and Prembly. True Culture Fund has co-invested alongside prominent players such as Y Combinator in all three rounds, Soma Capital and Karthik Ramakrishnan in two rounds each, and others including Goodwater Capital, FounderX Ventures, and Haleakala Ventures.

## Recorded investments

| Product | URL | Stage | Amount | Date |
| --- | --- | --- | --- | --- |
| Chowdeck | /chowdeck | Seed | 2500000 | 2024-04-01T00:00:00.000Z |
| Grey | /grey | Seed | 2000000 | 2022-08-01T00:00:00.000Z |
| Prembly | /prembly | Seed | 2800000 | 2022-05-01T00:00:00.000Z |

## Related pages

- [All investors](/investors)
- [Funding rounds](/funding)

## Access and citation

- [Canonical HTML page](https://liners.com/investors/true-culture-fund)
- [Markdown route index](/sitemap.md)
- [Agent access guide](/llms.txt)
