Lateral Frontiers VC is a venture capital firm established in 2017 and headquartered in New York, New York. The firm focuses on early and growth-stage investments in technology sectors across sub-Saharan Africa. Lateral Frontiers VC is committed to backing companies that deliver foundational technologies aimed at addressing significant challenges in various fields, including financial services, healthcare, education, energy, agriculture, housing, logistics, and mobility. By making both debt and equity investments, the firm seeks to support technology-enabled businesses that can generate sustainable profits while contributing to the continent's development.
Octavia Carbon is the first Direct Air Capture (DAC) company in the Global South, focused on filtering carbon dioxide from the atmosphere to combat climate change and reduce reliance on fossil fuels. The company designs, builds, and deploys patented technology that utilizes Kenya's geothermal energy and geological resources to enhance the efficiency and cost-effectiveness of DAC technology. By capturing CO2 directly from the air, Octavia Carbon enables the conversion of this greenhouse gas into stable underground rock formations or repurposes it as an industrial gas, helping to replace polluting fossil fuels. This innovative approach not only addresses environmental concerns but also supports industrial power users in East Africa, contributing to the fight against energy poverty in the region.
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