Microtraction
Finance · Nigeria · 1-10 Employees
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Overview
Headquarters
Lagos, Lagos, NigeriaWebsite
www.microtraction.comRevenue
<$5 MillionIndustry
ZI Rank: 1
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ZI Rank
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About Microtraction
Microtraction provides pre-seed funding of $100k to African technology entrepreneurs, focusing on remarkable teams with technical founders at the earliest stages of their ventures. The company aims to empower smart and resourceful founders who are building high-growth technology businesses in billion-dollar markets. Microtraction targets startups that have a validated market demand, a clear revenue model, and a minimum viable product. By investing in these companies, Microtraction supports solutions to some of the world's most critical problems.Explore more
Microtraction Org Chart
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Microtraction Tech Stack
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Microtraction News & Media
Microtraction hits $15M first close on its second fund for pre-seed investment in African startups
Microtraction, an early-stage venture capital firm that invests in African startups at the pre-seed stage, is announcing that it has reached the first close of its second fund, Microtraction Community Limited. The fund doesn’t have a set target at the moment, the founding partners told TechCrunch, but it achieved the first close at $15 million. […]Nigerian fintech startup Pivo raises funding from Microtraction - Disrupt Africa
Nigerian startup Pivo, a credit-focused financial services company for SME players in the supply chain, has raised an undisclosed amount of funding from early-stage VC firm Microtraction.Kenyan fundraising platform Raise secures $25k investment from Microtraction
Kenyan company Raise, an end-to-end fundraising platform, has raised US$25,000 funding from VC firm Microtraction to help it build out its platform and scale.Early-stage African VC firm, Microtraction reports portfolio boom despite the weight of COVID-19
In a year marred by the coronavirus pandemic, it seems that early-stage startups on the African continent are continuing to see some notable growth, both in terms of their business and from investors looking to back them. Microtraction, an early-stage venture capital firm based in Lagos, Nigeria, saw funding nearly quadruple for its portfolio. In […]
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Microtraction provides pre-seed funding of $100k to African technology entrepreneurs, focusing on remarkable teams with technical founders at the earliest stages of their ventures. The company aims to empower smart and resourceful founders who are building high-growth technology businesses in billion-dollar markets. Microtraction targets startups t... Read More
