Microtraction

Microtraction is an early-stage VC firm that provides pre-seed and seed capital to technology entrepreneurs at the earliest stages of their venture. We have backed companies like 54gene, Helicarrier, Termii, Cowrywise, to mention a few We believe long-term sustainable socio-economic development in Africa will be driven by entrepreneurs and innovations, and not by politicians or charity aids. Our mission is to accelerate Africa’s economic growth by enabling innovation and supporting technology entrepreneurs. Our principal role is to increase the number of venture bankable startups across the continent, creating the market for venture and growth-stage capital to follow on and ultimately bridging the pre-seed funding gap that currently exists. Microtraction is backed and advised by top local and global investors including Pave Investments, Chris Shultz, Michael Seibel, Monique and Andy Volk.