Ingressive Capital

In recent weeks, African startups received a total of about $81m in funding even with the ongoing a global meltdown in the investment space.

We understand how every founder intends to raise funds but just before you start pitching you need to be ready. Here’s how to know if you are ready to start meeting pre seed investors ⬇️

Product/Market Fit 💹
You have already confirmed that your product fits into a chosen market. Founders will have already done their research but likely have yet to test it with a finished product.

Building a Team 👫
Need to make some hires to bring in the right expertise? This is a sign that pre-seed investment is a necessity.

Prototype 🔨
Few investors will take an idea alone seriously. At a minimum, you should have a prototype displaying a product’s primary features. Pre-seed startups are not required to have a fully developed product.

Early Interest 📈
Have you started showing your product to customers? Early positive feedback is a good sign that a startup has high growth potential.

Revenue Modeling 💰
Entrepreneurs should focus on building a revenue model that is ambitious yet realistic. Investors want to know how you are going to make them a profit.

Introducing for Founders looking to Pitch their Business 🎉

Starting this Wednesday, the 1st of June, we will be kicking off an event called Pitch Wednesdays.

Being a that seeks to continue to back African Founders, our Pitch Wednesdays event seeks to bridge the gap between early-stage startups and the resources they need to scale within the tech ecosystem.

We will be opening our doors to these startup founders, giving them a platform to pitch to us and an audience of investors. We know that this will increase their chances of getting funded and also access to resources and talents for their growth.

This week’s event will be Hosted by Bisola Elelu and Kenechi E. on

The tech sector continues to grow exponentially in Africa and we are seeing more investments being made across sectors despite the dwindling nature of venture capital funding.

In the past week, African startups raised at least $75.6m in funding and Egypt led the chart with Instabug’s $46m Series B raise, accounting for over 60% of the entire amount raised, with Sectors like SAAS, Healthtech and Agritech being the sectors that raised the most as well.

However, looking at the rounds, growth rounds are not as popular in comparison to early-stage rounds and this is why we continue to record more news around funding in early stage startups.

Here at Ingressive Capital, we will continue to support early stage founders and we will continue to update you on the most recent news within the startup space.

Do leave comments in below on what companies you have seen raise funds across Africa in the past few weeks.

is a powerful tool, use it 🚀