Future Africa
About Future Africa
Future Africa is a venture capital firm based in Lagos, Nigeria, founded in 2016. The firm focuses on investing in early-stage technology startups across Africa, aiming to support founders in addressing significant challenges on the continent while achieving financial returns. Future Africa combines investment with strategic coaching, leveraging extensive experience in building impactful digital economy businesses.
The firm operates a three-pillar support system for entrepreneurs, which includes providing early-stage funding, hands-on coaching, and access to a community of over 300 advisors a
PitchBook describes Future Africa as founded in 2016 and based in Lagos, Nigeria, and lists two professionals on its profile. The sources I found place the firm in Lagos rather than Abuja. PitchBook records 128 investments, 89 portfolio companies and 28 exits. WaveUp reports more than $10 million deployed and cites Flutterwave and Andela as exits, both of which it describes as unicorns. Tracxn names Mayowa Olugbile and Mia Von Koschitzky-Kimani among team members, with six more people not shown, and does not state their titles.
PitchBook lists data and artificial intelligence among the sectors the firm seeks, alongside agriculture, e-commerce, education, finance and blockchain, health, and mobility. F4 places much of the portfolio in infrastructure and developer tools and names Simplifyd, Sote and Voyance as examples. None of the sources I found labels a named portfolio company as an AI business, and no AI-specific fund or thesis is published, so founders should ask the firm directly about current AI deals.
F4 lists Pre-Seed, Seed and Series A as stages, with a primary check size of $100,000 to $500,000 for seed-stage companies, a stated minimum of $40,000 and a stated maximum of $5,000,000 for follow-on investments. Tracxn lists Seed and Series A as rounds of entry. The VC Sheet listing shows Pre-Seed and Seed. The sources do not show Series C+ activity. Fund names and fund sizes are not public in the sources I found.
Investing activity
Future Africa is listed on Lounge as a venture capital investor based in Abuja, UK. The deals desk records Series A and later AI rounds and seeds over $10M, so smaller checks may not show here yet.
Deals
Frequently asked questions about Future Africa
Does Future Africa invest in AI startups?
Public profiles list data and artificial intelligence among its sectors. The sources I found do not name a specific AI company it has backed, so confirm current AI interest with the firm before pitching.
What stages does Future Africa invest in?
Public listings show Pre-Seed, Seed and Series A. F4 gives a seed-stage check range of $100,000 to $500,000.
Who leads Future Africa's investments?
Tracxn lists Mayowa Olugbile and Mia Von Koschitzky-Kimani among team members. Their titles and investment roles are not stated in the sources I found.
How many companies are in the Future Africa portfolio?
Sources differ. PitchBook lists 89 portfolio companies, Tracxn and F4 cite about 65, and WaveUp says more than 100 companies.
Where is Future Africa based and when was it founded?
Future Africa was founded in 2016 and is based in Lagos, Nigeria, according to PitchBook and F4.
Where is Future Africa based?
Future Africa is based in Abuja, UK.
How can founders reach Future Africa?
Founders on Lounge can see Future Africa's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Future Africa to their Investor Pipeline to track the conversation.