Neon Ventures

Overview

Neon Ventures is a Nigerian venture capital firm that focuses on early-stage technology companies across Africa. The firm specializes in seed-stage investments, providing funding between $100,000 and $500,000 to startups in sectors such as healthcare services, internet and web services, software, transportation, medical devices, pharmaceuticals, medtech, life sciences, infrastructure, and healthtech. Their geographical focus includes countries like Nigeria, Kenya, South Africa, Egypt, Morocco, Ghana, Ethiopia, Uganda, Tanzania, Angola, Mozambique, Madagascar, Cameroon, Côte d'Ivoire, Senegal, Zimbabwe, Zambia, Malawi, Botswana, and Namibia. The firm has a strong track record, having helped African companies raise over $2 billion in third-party capital. They have board-level access to many of the largest corporations in Africa, combining world-class operating and investing experience with a deep understanding of building businesses in the region. This extensive network across Africa enables them to create ventures with a higher chance of success. Neon Ventures' investment strategy is centered on providing substantial support to their portfolio companies, aiming to assist them in achieving significant milestones. They focus on sectors that are critical to Africa's development and have a high potential for growth, ensuring that their investments contribute meaningfully to the continent's economic progress.

Investment Focus

• Seed-stage technology companies
• Focus on sectors such as healthcare services, internet and web services, software, transportation, medical devices, pharmaceuticals, medtech, life sciences, infrastructure, and healthtech
• Geographical focus on Nigeria, Kenya, South Africa, and North Africa
• Seed-stage technology companies in Africa
• Geographical focus on countries including Nigeria, Kenya, South Africa, Egypt, Morocco, Ghana, Ethiopia, Uganda, Tanzania, Angola, Mozambique, Madagascar, Cameroon, Côte d'Ivoire, Senegal, Zimbabwe, Zambia, Malawi, Botswana, and Namibia

Portfolio Companies