TL;DR
Nubia Capital invests in sector-agnostic companies at Pre-Seed, Seed, and Series A, writes cheques of $100K -- $1.5M, and takes applications through direct outreach to the team.
Who Nubia Capital is
Nubia Capital is a Pan-African investor headquartered in Rochester Hills, Michigan. The fund describes its mandate as sector-agnostic. The thesis, in the fund's own words: Investing in phenomenal African businesses, driven by a commitment to creating a positive impact on the continent's future.
On the ground, Nubia Capital operates as a Pre-Seed, Seed, and Series A investor with an Africa focus described as "Pan-African (Nigeria, Kenya, Ghana, South Africa, Egypt)". The fund's managing partner is Olaide Lawal, alongside Davidson Oturu (Co-Managing Partner) and Nela Duke Ekpenyong (Investment Committee Member).
What they invest in
- Stages: Pre-Seed, Seed, and Series A
- Sectors: Sector-agnostic. The fund calls itself sector-agnostic, but its actual portfolio tells a more concentrated story: 42% of classified portfolio companies are in Healthtech, and 33% are in Fintech.
- Cheque size: $100K -- $1.5M
- Geography focus: Pan-African / Yes -- Pan-African (Nigeria, Kenya, Ghana, South Africa, Egypt)
How to apply
Nubia Capital's application path is: "mailto:support@nubiacapital.vc". This reads as direct outreach rather than a public form, which means the fund is more reachable through a warm introduction or a well-targeted cold message than through a portal. Olaide Lawal (Managing Partner) is the name most associated with the fund publicly, and a specific, well-prepared message referencing why you fit their stated thesis is a better opener than a generic pitch blast. Check https://nubiacapital.vc/ first in case a form or dedicated email address has since gone live.
Portfolio pattern
Nubia Capital's portfolio, as listed in their Trampoline fund page, includes:
- Flick (Pan-African): Cross-border payments reducing transaction costs by 70%+
- Regxta (Nigeria): Micro-loans and digital savings for the unbanked
- Phundit (Ghana): Digital savings using behavioural finance principles
- Blueroomcare (Pan-African): Tech-enabled mental health therapy platform
- UltraTeb (Egypt/Nigeria): B2B medical procurement with embedded credit
That spread gives you a sense of what a real check from Nubia Capital 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
- A short, specific note explaining why you fit their stated thesis, ready to send cold or through a warm intro
FAQ
Does Nubia Capital have a sector focus?
Nubia Capital describes its mandate as sector-agnostic, meaning it does not restrict itself to a fixed list of sectors.
What stage does Nubia Capital typically write cheques at?
Nubia Capital invests at Pre-Seed, Seed, and Series A, with cheque sizes of $100K -- $1.5M.
Do you need a warm intro to apply to Nubia Capital?
Nubia Capital's application path is direct outreach rather than a public form, so a warm introduction generally carries more weight than a cold message, though it is not stated as a hard requirement.
Does Nubia Capital invest outside Pan-African?
Nubia Capital's Africa focus is described as "Pan-African (Nigeria, Kenya, Ghana, South Africa, Egypt)". Check the full fund profile for the exact geographic boundaries before you apply.
Is Nubia Capital a remote or in-person fund?
Nubia Capital's format is listed as Remote / Hybrid.
See also
- The full Nubia Capital profile
- 4DX Ventures
- A15
- Acumen (ARAF)
- Back to the scanner