Ajim Capital

Information

Ajim Capital is dedicated to supporting the brightest African founders in launching and scaling their startups. The firm aims to create the next generation of successful companies that compete on a global scale while significantly impacting the lives of Africans. Ajim Capital invests in proven business models, guided by an in-house proprietary database of over 300 business models that have generated substantial value in markets like China, India, and Latin America, and are deemed to have high success potential in Africa.

How to Apply

To apply for funding from Ajim Capital, follow these steps:

Prepare Your Pitch Deck: Ensure your pitch deck clearly outlines your business model, market opportunity, team background, traction, and financial projections.

Submit Your Application: Visit the Ajim Capital Pitch Page and upload your pitch deck through the provided submission form. Ajim Capital treats all applications equally, whether submitted through a direct pitch or a referral.
AJIMCAPITAL.COM

Screening Process:

Initial Review: An associate will assess your submission to determine alignment with Ajim Capital's investment thesis.
First Meeting: If selected, you'll discuss your team, product, market, and traction with the Ajim Capital team.
Second Meeting: A deeper evaluation focusing on product-market fit, market potential, and how Ajim Capital can add value.
Final Review: Due diligence is conducted, and any additional questions are addressed before a final investment decision is made.
AJIMCAPITAL.COM
Eligibility Criteria:

Stage: Pre-seed and Seed
Sector: Asset-light B2B/B2B2C tech and tech-enabled software companies in FinTech, HealthTech, EdTech, Logistics, Mobility, Marketplaces, B2B SaaS, and AgriTech.
Geography: Sub-Saharan Africa
Traction: Initial signs of product-market fit with Monthly Recurring Revenue (MRR) between $5k and $100k, growing at 10% month-over-month.

Total number of startups invested: 11

Average Funding:

Industry: ["technology","healthcare","finance","agriculture","transportation"]

Market: ["Eritrea","Ethiopia","Ghana","Kenya","Malawi","Mali","Mauritius","Mozambique","Namibia","Nigeria"]

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