LoftyInc Capital

LoftyInc Capital is a venture capital firm based in Victoria Island, Lagos, focused on Africa's growth enterprises. Over the past decade it has invested over $25 million in more than 150 companies, including several unicorns, and attracted over $1.5 billion in follow-on funding to its portfolio. It has built an ecosystem of tech hubs, angel networks, and talent platforms to support portfolio companies. The firm has achieved multiple exits and delivered strong returns across its Afropreneurs funds.

Julius Aroba

Investment Associate

Oluseye Bassir

Partner

Idris Bello

Founding Partner

Lydia Idem

COO

Mariam Kamel

General Partner

Past deals in North Africa

WideBot

Seed Round in 2025
WideBot is a Cairo-based technology company that develops an Arabic-focused bot builder platform. Founded in 2016, it enables businesses to create smart chatbots that speak the MENA language without coding. The platform provides data training, tailoring, optimization, hosting, and maintenance, with ongoing technical support. It relies on an enterprise-grade AI engine that is sentiment-aware and tone-aware, capable of detecting multiple Arabic dialects, allowing organizations to build chatbots that understand and engage customers in the region's language in minutes.

ShipBlu

Seed Round in 2021
ShipBlu is a delivery services platform based in Giza, Egypt, that specializes in e-commerce shipping and fulfillment. Founded in 2021, the company redefines the shipping experience by offering 24-hour delivery along with live tracking capabilities. Utilizing artificial intelligence and machine learning, ShipBlu enhances shipping transparency and compliance, allowing its clients to efficiently deliver products to their customers. The platform focuses on optimizing warehousing and fulfillment services, thereby streamlining the logistics process for e-commerce businesses.

ILLA

Seed Round in 2021
ILLA is a logistics company based in El Dokki, Egypt, specializing in middle-mile delivery services for fast-moving consumer goods (FMCG) companies. Founded in 2017, ILLA operates an asset-light model that digitizes the delivery process, allowing for comprehensive planning and execution. The company monitors logistics activities to enhance efficiency and drive sales growth for its clients. By connecting FMCG companies with a diverse network of trucks, ILLA provides a dynamic solution that addresses the complexities of delivering products to various retail and non-retail outlets. This approach ensures full control and visibility over the logistics process, enabling clients to navigate daily market challenges effectively.

Chefaa

Series A in 2020
Founded in 2017, Chefaa is a Cairo-based company that develops a smart medicine system application. It connects users with local pharmacies for online medication orders and provides medication reminders.

Bypa-ss

Seed Round in 2020
Bypa-ss is a health-tech startup based in Egypt focused on digitizing health information exchange to enhance the quality of care for both healthcare providers and patients. The company's primary offering, HealthTag, is a versatile platform that connects individuals, physicians, pharmacies, laboratories, and radiology centers, facilitating better communication and interaction between all parties involved in healthcare. By enabling patients to share their experiences and feedback about medical facilities and professionals, Bypa-ss empowers users to make informed decisions regarding their healthcare options. This innovative approach aims to streamline healthcare processes and improve overall patient outcomes in the region.

Thndr

Pre Seed Round in 2019
Thndr is a financial services company established in 2020 by Seif Amr in Cairo, Egypt. It operates an app-based investment platform designed to facilitate commission-free trading for investors. The platform offers a range of features, including no account minimums, real-time market data, and easy account setup and funding processes. Users can also access the latest financial news and educational tools, empowering them to make informed investment decisions. Thndr aims to simplify the investing process and enhance financial literacy among its users.

Chefaa

Seed Round in 2019
Founded in 2017, Chefaa is a Cairo-based company that develops a smart medicine system application. It connects users with local pharmacies for online medication orders and provides medication reminders.
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