Bold Angel Fund

Venture Capital Nigeria ·Founded 2020

Overview

Bold Angel Fund (BAF) is a no-fee, closed, syndicated fund comprised of entrepreneurs and professionals dedicated to transforming the African investment landscape. The fund addresses the fact that less than a fifth of capital invested in African startups originates from the continent itself. BAF aims to bridge this gap by providing pre-seed and seed investments ranging from $5,000 to $50,000 to high-growth African ventures across all sectors. BAF operates as a sector-agnostic fund, deploying capital to founders building across a wide range of industries, including healthcare, e-commerce, and hospitality. In addition to capital, BAF offers expertise, visibility, and community support to its portfolio companies. The fund is committed to ensuring that founders of early-stage ventures have access to the resources they need to build scalable and impactful businesses. By joining forces with organizations like the African Business Angel Network (ABAN), BAF strengthens its support for African entrepreneurs, providing them with the resources and mentorship they need to succeed. This partnership aligns with BAF's mission to create a vibrant and dynamic entrepreneurial ecosystem that empowers startups to thrive across the continent.

Investment Focus

  • High-growth African ventures
  • Pre-seed and seed stage
  • Various sectors including healthcare, e-commerce, and hospitality

Portfolio Companies

Clafiya

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Frequently asked questions about Bold Angel Fund

What sectors does Bold Angel Fund invest in?

Bold Angel Fund invests in Healthcare, E-commerce and Hospital, and is based in Nigeria. Bold Angel Fund is listed as a venture capital in the ConnectSafely investor database.

What stage does Bold Angel Fund invest at?

Bold Angel Fund backs companies at Pre-Seed and Seed, writing cheques of 5K - 50K.

Which regions does Bold Angel Fund invest in?

Bold Angel Fund invests across United States and Nigeria.

What companies has Bold Angel Fund invested in?

Bold Angel Fund's portfolio includes Clafiya.

Last updated · Source: ConnectSafely investor database