How to apply to AAIC Investment as an African founder

TL;DR

AAIC Investment invests in sector-agnostic companies at Seed, Series A, and Growth, writes cheques of $500K -- $5M (estimated range across stages), and takes applications through a form on their website.

Who AAIC Investment is

AAIC Investment is a Pan-African and Asia investor headquartered in Singapore, with offices in Kenya, Nigeria, Egypt. The fund describes its mandate as sector-agnostic. The thesis, in the fund's own words: Investing in innovative companies in Africa that achieve sustainable economic growth and solve social issues, with a focus on healthcare.

On the ground, AAIC Investment operates as a Seed, Series A, and Growth investor with an Africa focus described as "Pan-African (Kenya, Nigeria, South Africa, Egypt, Rwanda, Uganda, Tanzania, Ghana, and 25+ countries)". The fund's founder and ceo is Susumu Tsubaki, alongside Hiroki Ishida (Director, Kenya Office) and Nobuhiko Ichiyama (Director, Nigeria).

What they invest in

Stages: Seed, Series A, and Growth
Sectors: Sector-agnostic. The fund calls itself sector-agnostic, but its actual portfolio tells a more concentrated story: 85% of classified portfolio companies are in Healthtech, and 15% are in Fintech.
Cheque size: $500K -- $5M (estimated range across stages)
Geography focus: Pan-African and Asia / Yes -- Pan-African (Kenya, Nigeria, South Africa, Egypt, Rwanda, Uganda, Tanzania, Ghana, and 25+ countries)

How to apply

AAIC Investment takes applications through a form on https://aaicinvestment.com/. The apply field in their Trampoline entry describes it as "Contact via the website or reach out to regional team members on LinkedIn.". Go to the site, find the apply or contact path, and submit through that channel rather than emailing partners cold, since a fund that has built a form generally routes everything through it first.

Portfolio pattern

AAIC Investment's portfolio, as listed in their Trampoline fund page, includes:

Africa Healthcare Network (Rwanda/Tanzania/Kenya): Dialysis clinic network across East Africa, Growth
Helium Health (Nigeria/Pan-African): Hospital management software and telemedicine, Growth
DeepEcho (Egypt): AI-powered fetal ultrasound (FDA cleared), Series A
Revital Healthcare (Kenya): Medical supplies and consumables manufacturer, Growth
ILARA Health (Kenya): Point-of-care diagnostics for clinics, Series A

That spread gives you a sense of what a real check from AAIC Investment has funded, not just what the thesis claims it funds.

Before you apply

Have these ready before you reach out:

Deck: Check your readiness first so you know where the gaps are
Metrics dashboard: Set up your metrics dashboard so you can show real traction, not slides
Cap table
A one-line description of what your company does

FAQ

Does AAIC Investment have a sector focus?

AAIC Investment describes its mandate as sector-agnostic, meaning it does not restrict itself to a fixed list of sectors.

What stage does AAIC Investment typically write cheques at?

AAIC Investment invests at Seed, Series A, and Growth, with cheque sizes of $500K -- $5M (estimated range across stages).

Do you need a warm intro to apply to AAIC Investment?

No. AAIC Investment takes applications through a form on their website, so a warm intro is not required to apply, though it can still help your submission stand out.

Does AAIC Investment invest outside Pan-African and Asia?

AAIC Investment's Africa focus is described as "Pan-African (Kenya, Nigeria, South Africa, Egypt, Rwanda, Uganda, Tanzania, Ghana, and 25+ countries)". Check the full fund profile for the exact geographic boundaries before you apply.

Is AAIC Investment a remote or in-person fund?

AAIC Investment's format is listed as Hybrid.