Discover Products, Get Discovered.
Individuals find the right products. Businesses reach the right audience. One platform, free for both.
Individuals find the right products. Businesses reach the right audience. One platform, free for both.
Since 2021, Valar Ventures has backed 3 African startups across 6 disclosed funding rounds totaling $141M, most heavily in Nigeria and Fintech.
Valar Ventures is a US-based venture capital firm founded in 2010 by Andrew McCormack, James Fitzgerald, and Peter Thiel. Originally spun out of Thiel Capital, the firm is headquartered in New York and focuses on early-stage fintech and technology companies with a particular emphasis on investments outside Silicon Valley. Valar has established a significant presence in African markets, particularly in Nigeria and across the continent. The firm invests across multiple stages, from seed through Series B rounds, with a strong focus on fintech and emerging technology sectors. Recent African investments include Kuda, a fee-free mobile banking platform in Nigeria, and Yellowcard, a stablecoin and fiat payments infrastructure provider serving emerging markets across Africa. The firm's investment strategy emphasizes building global category leaders in underserved markets.
Data updated · Jul 29, 2026
Sign in to see all 6 rounds
Free account — full portfolios, timelines, and the weekly funding digest
Valar Ventures has backed 3 African startups across 6 disclosed funding rounds tracked on Liners, totaling $141M since 2021.
Mostly Series B: 3 of its 6 tracked rounds are at that stage, followed by Series A (2).
Valar Ventures's tracked rounds are concentrated in Nigeria (6).
Its tracked rounds lean toward Fintech (4), Crypto & Web3 (2).
Valar Ventures most often shares rounds with Target Global (3 shared deals), Third Prime Capital (2 shared deals), Castle Island Ventures (2 shared deals).
Valar Ventures has invested in Kuda, a Nigerian fee-free mobile banking platform offering transfers, savings, and cards; Maplerad, a Nigerian fintech enabling cross-border payments and card products; and Yellowcard, a Pan-African crypto and fiat payments infrastructure provider. These investments span fintech and Web3 sectors across Nigeria and broader African markets.