LoftyInc Capital Stirs Up Excitement as its Third Seed and Series A Fund Reaches a $43M First Close

African venture capital powerhouse, LoftyInc Capital, is once again stealing the spotlight in the investment world. The firm’s ambitious third fund has reached a noteworthy initial close of $43M, specifically targeting seed and Series A investments. This successful first closure signals a promising future for both the fund and Africa’s burgeoning tech start-ups.

As one of Africa’s leading venture capital firms, LoftyInc continues to spearhead the transformation of Africa’s tech landscape. With this new fund, the firm strengthens its commitment to nurturing promising start-ups, providing both capital and hands-on operational support. By targeting seed and Series A investments, LoftyInc is often the initial institutional investor for many start-ups, placing it in the strategic position to shape Africa’s next generation of tech giants.

The future is certainly bright for Africa’s tech start-ups, thanks in part to pioneering firms like LoftyInc. As it continues to invest in and nurture start-ups through its third fund, the firm not only capitalises on Africa’s tech potential but also plays a pivotal role in shaping the continent’s tech future.