Venture Capital

Bold Angel Fund

Investment Details

Investor Type
Venture Capital

Asset Class Focus
Venture Capital

Stage Focus
Pre-Seed, Seed

Geographical Focus
United States, Nigeria

Industries Focus

  • Healthcare
  • E-commerce
  • Hospital

Investment Size:
5,000 to 50,000 USD

Investor Details Founded: 2020

Bold Angel Fund (BAF) is a no-fee, closed, syndicated fund comprised of entrepreneurs and professionals dedicated to transforming the African investment landscape. The fund addresses the fact that less than a fifth of capital invested in African startups originates from the continent itself. BAF aims to bridge this gap by providing pre-seed and seed investments ranging from $5,000 to $50,000 to high-growth African ventures across all sectors.

BAF operates as a sector-agnostic fund, deploying capital to founders building across a wide range of industries, including healthcare, e-commerce, and hospitality. In addition to capital, BAF offers expertise, visibility, and community support to its portfolio companies. The fund is committed to ensuring that founders of early-stage ventures have access to the resources they need to build scalable and impactful businesses.

By joining forces with organizations like the African Business Angel Network (ABAN), BAF strengthens its support for African entrepreneurs, providing them with the resources and mentorship they need to succeed. This partnership aligns with BAF's mission to create a vibrant and dynamic entrepreneurial ecosystem that empowers startups to thrive across the continent.

Requirements
  • High-growth African ventures
  • Pre-seed and seed stage
  • Various sectors including healthcare, e-commerce, and hospitality
Contact

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Portfolio Companies
  • Clafiya
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