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Nigerian Prop-Tech Startup Spleet Raises $2.6m Seed Round

Nigerian prop-tech startup Spleet has closed a US$2.6 million seed round to scale its residential rent focused products. Founded by Tola Adesanmi in 2018 from the need to find rentals with flexible payment options in Lagos as opposed to the usual one or two year upfront payment options, Spleet allows homeowners to rent to vetted individuals, while ....

Tola Adesanmi , Marlon Nichols , Hoaq Fund , Assembly Fund , Francis Fund , Mac Venture , Noemis Ventures , Play Ventures , Ajim Capital , Rent Now Pay Later ,

Microtraction hits $15M first close on its second fund for pre-seed investment in African startups – TechCrunch

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.  […] ....

Micky Malka , Razaq Ahmed , Tola Adesanmi , Alexis Ohanian , Sheel Mohnot , Charles Hudson , Michael Seibel , Jay Alabraba , Yele Bademosi , Francis Osifo , Elizabeth Yin , Tilo Bonow , Shola Akinlade , Odun Eweniyi , Jesse Ghansah , Kwamena Afful , Michael Sidgmore , David Haber , Dayo Koleowo , Hustle Fund , Microtraction Community , Microtraction Fund , Community Limited , Ire Aderinokun , Ribbit Capital , Sebastes Capital ,