Founders wondering how to get funding from LoftyInc Capital Management are looking at one of the earliest and most ecosystem-deep investors in African tech. Co-founded in 2017 by LoftyInc Allied Partners Limited and Marsha Wulff, this pan-African venture capital firm backs early-stage "Afropreneurs" building tech-enabled solutions for what it calls the everyday economy. Its roots run back to 2010, when it launched the Wennovation Hub, a leading Nigerian tech incubator — and it has since built angel networks like the Afropreneur Angel Group and the Lagos Angel Network, giving founders a full-stack ecosystem, not just a cheque. This profile lays out its thesis, funds, portfolio and how to pitch it.
The investment thesis
LoftyInc Capital invests in early-stage African enterprises leveraging technology to create social and economic impact — from financial inclusion and logistics to e-commerce, media and healthcare. What it looks for: large, growing markets; scalable, tech-enabled economics with defensible unit economics; strong, agile founder teams; and repeatable growth models. The firm's newest vehicle, the LoftyInc Alpha Fund, is designed to bridge the "graduation gap" that stops promising African startups progressing beyond pre-seed — targeting late-seed and Series A companies with demonstrated traction but constrained access to growth capital. The Alpha Fund announced a $43 million first close of its pan-African seed fund, and its early investments include a co-led $4 million oversubscribed seed round in Moroccan fintech WafR.
Funds and track record
Over the past decade LoftyInc Capital has invested over $25 million in more than 150 companies, including several unicorns, and attracted over $1.5 billion in follow-on funding to its portfolio. Its earlier Afropreneurs Funds family — including LAF3, which invested in 52 companies across fintech, e-commerce, media, logistics and healthcare with a focus on the Nigeria and Egypt ecosystems — established its pan-African footprint spanning Egypt, Ghana, Kenya, Nigeria, Rwanda, Senegal, South Africa and beyond. The firm leads and co-leads rounds and is led by founding partners Idris Bello, Marsha Wulff and Michael Oluwagbemi, a team described as holding over 70 years of combined venture operating experience, with Mariam Kamel as a partner on the Alpha Fund.
Notable portfolio
The portfolio reads like a who's-who of African breakout startups: Flutterwave (payments infrastructure), Andela, Moove (vehicle financing), Eden (home services), Chefaa (pharmacy platform), EMTECH (central-bank infrastructure) and WafR (Moroccan fintech) — companies its own site and press coverage highlight as flagship bets.
How to apply for funding
LoftyInc Capital takes pitches through the contact channels on its official website, loftyinc.vc, including [email protected]. Warm introductions carry weight here: the firm's strength is its ecosystem — the Wennovation Hub and its angel networks — so engaging with that ecosystem, from demo days to founder events, is a proven path into the dealflow. Founders should come with evidence of traction, clear unit economics and a repeatable growth model, which are the firm's stated criteria, and frame the story around impact at scale for the everyday economy.
Why it matters for founders
LoftyInc Capital is one of the few African VCs that pairs real ecosystem infrastructure — hubs, angel networks and talent platforms — with $25M+ deployed across 150+ companies and a new $43M Alpha Fund targeting the seed-to-Series-A graduation gap. For early-stage African founders with traction and defensible economics, loftyinc.vc is the front door.