CcHUB Growth Capital

CcHUB Growth Capital is Nigeria's first social innovation fund, established in December 2015, dedicated to supporting high-potential, early-stage businesses that leverage technology to build next-generation infrastructure. The fund aims to create unprecedented paths to scale for outliers driving social change in Nigeria and beyond. It focuses on ventures that address local problems and have the potential for rapid growth.

The fund's investment strategy involves providing equity investments ranging from N10 million to N30 million, targeting companies with valuations between N100 million and N300 million. It primarily invests in sectors such as consumer retail, digital media, education, healthcare, financial services, digital security, governance, and smart infrastructure. The fund seeks to lead or co-lead seed rounds and supports each company in becoming Series A ready.

Since its inception, CcHUB Growth Capital has invested in several ventures, including LifeBank, a smart healthcare supply chain company in Nigeria. The fund's approach combines financial support with business advisory services and access to an extensive network to catalyze the growth of its investees. By focusing on early-stage technology companies, CcHUB Growth Capital plays a pivotal role in fostering innovation and economic prosperity in Nigeria.