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.

Julius Aroba

Investment Associate

Oluseye Bassir

Partner

Idris Bello

Founding Partner

Lydia Idem

COO

Mariam Kamel

General Partner

Michael Oluwagbemi

Founding Partner

Kevin Simmons

General Partner

Marsha Wulff

Co-Founder

Past deals in Lebanon

Startchy

Series A in 2020
Startchy is a company based in Beirut, Lebanon, with an additional office in Chicago, Illinois, that specializes in manufacturing natural edible coating solutions aimed at extending the shelf life of fruits and vegetables. Founded in 2017, Startchy has developed a novel, organic coating synthesized from starch-based bioplastics. This innovative solution not only doubles the shelf life of fresh produce but also helps preserve color, reduce respiration, and minimize transpiration rates in temperature-controlled environments. By providing a natural, harmless, and flavorless alternative to traditional wax and plastic methods, Startchy enables resellers and exporters of fruits and vegetables to maintain product quality and freshness more effectively.
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