LoftyInc Capital Management
LoftyInc Capital Management is a venture capital firm established in 2017 and headquartered in Lagos, Nigeria. The firm focuses on investing in technology companies across Africa, having committed over $25 million to more than 150 high-growth enterprises, including three unicorns. LoftyInc has successfully attracted approximately $1.5 billion in follow-on funding for its portfolio companies, emphasizing long-term growth and community benefits. The firm has developed a broad ecosystem that includes tech hubs, angel networks, and talent platforms to support its investments. To date, LoftyInc has realized 14 exits and achieved a notable return on investment through its funds.
Past deals in DRC
StarNews Mobile
Seed Round in 2021
StarNews Mobile is a mobile content media company that designs, develops, and operates a digital platform enabling creators to produce, distribute, and monetize video content. Founded in 2017, it is headquartered in Santa Monica, California, with additional offices across Africa, including Ivory Coast, Cameroon, the Democratic Republic of the Congo, and South Africa. The platform offers subscription plans, pay‑as‑you‑go options, and exclusive content, allowing creators to connect directly with fans and earn revenue. It targets African creators and audiences, providing an affordable streaming service that supports local content production and offers a fair payout structure. The company also connects brands and celebrities with creators, expanding opportunities for collaboration and audience reach.
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