Backbone Capital Ventures

Backbone Capital Ventures is a venture capital firm that provides early-stage capital funding to start-up and emerging technology companies in Africa that are run by entrepreneurs who have vision, determination, drive, and strong business models. Founded in 2025 by Bako Ambianda, the firm is dedicated to empowering Africa’s next generation of entrepreneurs. The firm operates as a long-term Africa-focused capital vehicle, building a diversified portfolio of high-growth African companies and innovative products, fueling Africa’s next wave of technological and economic advancement.

The firm offers strategic early-stage equity investment, business growth advisory services, business acquisition and exit facilitation, and ecosystem development and partnerships. It deploys capital into high-growth, tech-enabled businesses across various sectors, including agriculture technology, financial technology, enterprise technology, artificial intelligence, and healthcare technology. Backbone Capital Ventures aims to achieve a 5x return on invested capital within 3 years, targeting an Internal Rate of Return (IRR) of 30%+ per annum.

Led by Managing Partner Bako Ambianda, a renowned international business development expert and investor, the team brings together deep expertise in frontier market innovation and the financial strength to scale transformative ideas across Africa. The firm is committed to driving the global growth of African technology-led businesses through strategic funding, expert insights, and powerful networks.