Ingressive Capital
About Ingressive Capital
Ingressive Capital is a Pan-African venture capital firm based in Victoria Island, Lagos, Nigeria, founded in 2017. The firm focuses on investing in pre-seed and seed-stage tech-enabled startups across Sub-Saharan and North Africa. With a mission to identify and scale high-growth tech startups, Ingressive Capital aims to drive innovation and contribute to GDP transformation on the continent.
The firm has raised multiple funds, including a $10 million Fund I and a $50 million Fund II, to support indigenous-owned tech companies. Ingressive Capital invests between $100,000 and $500,000 per compa
Maya Horgan Famodu founded Ingressive Capital in 2017 and is its founder and managing partner. TechCabal reports that the firm began with money pooled from friends, family and advisory clients, and that her first investment was in Paystack in 2017. Ventureburn and Techpoint reported in June 2020 that the firm had completed a $10 million fund, adding limited partners such as Nigeria's sovereign investment authority and fund advisors including Seth Levine and Kai Bond. Crunchbase and other databases list a $50 million Fund II; one database dates its close to 2021, and the firm's own FAQ describes itself as a $50 million Fund II firm. Sources place the firm in Lagos.
Public records show few deals that are explicitly about AI. The clearest example is SehaTech, an Egyptian insurtech whose platform automates health insurance administration. CB Insights reports that Ingressive spearheaded its $1.1 million seed round in October 2025, and the company plans to add deeper AI and automation features with the money. Ingressive also led Renda's $1.3 million pre-seed equity round, according to Africa Private Equity News and Caplight; Renda's fulfilment platform includes an AI-powered chatbot. The firm's stated thesis centers on financial services, trade-tech and wellbeing rather than AI as a category. The sources reviewed do not name a partner who leads AI investing.
The firm's About page says it invests in pre-seed and seed-stage African tech startups. Its FAQ describes equity funding, typically targeting about 10% ownership. Check sizes vary by source. Techpoint reported in 2020 that the firm moved from $50,000 to $100,000 checks to $200,000 to $400,000 for 10% ownership. Vc4a and LinkedIn list checks of up to $400,000, and Private Equity List cites up to $500,000. Some third-party databases also list Series A rounds and co-investments.
- SehaTech: Egyptian insurtech with an AI-centered platform for health insurance administration; $1.1 million seed round led by Ingressive in October 2025, per CB Insights.
- Renda: business order fulfilment and distribution platform in Nigeria and East Africa with an AI-powered chatbot; $1.3 million pre-seed equity round led by Ingressive, listed as May 2024 by Caplight.
- ingressivecapital.com/about-us
- ingressivecapital.com/faq
- cbinsights.com/investor/ingressive-capital
- caplight.com/investor/ingressivecapital
- africaprivateequitynews.com/p/nigeria-ingressive-capital-leads
- techcabal.com/2020/06/24/ingressive-grows-investment-fund-10-million
- techpoint.africa/2020/06/24/ingressive-completes-10m-fund
- ventureburn.com/2020/06/ingressive-capital-grows-african-tech-fund-to-
Investing activity
Ingressive Capital is listed on Lounge as a venture capital investor based in Sub, USA. 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 Ingressive Capital
When was Ingressive Capital founded and by whom?
Ingressive Capital was founded in 2017 by Maya Horgan Famodu, who is listed as its founder and managing partner. The firm is based in Lagos, Nigeria.
Which AI startups has Ingressive Capital backed?
Recent public examples include SehaTech, an Egyptian health insurance platform with an AI-centered product, and Renda, a fulfilment platform with an AI-powered chatbot. Ingressive led both rounds.
What stages does Ingressive Capital invest in?
The firm invests at the pre-seed and seed stages and typically targets about 10% ownership in each company, according to its website.
How much does Ingressive Capital invest per startup?
The firm's profile lists a range of $100,000 to $500,000 per company. Other sources cite lower or different figures, so founders should confirm terms directly with the firm.
How large are Ingressive Capital's funds?
Ingressive Capital has raised a $10 million Fund I and a $50 million Fund II, according to its profile and third-party databases.
Where is Ingressive Capital based?
Ingressive Capital is based in Sub, USA.
How can founders reach Ingressive Capital?
Founders on Lounge can see Ingressive Capital'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 Ingressive Capital to their Investor Pipeline to track the conversation.