PennPromise Ventures
Pre-Seed Funding
Description
We are industry agnostic investors providing funding to enable entrepreneurs create scalable products and revenue generating businesses. Our focus is on underserved founders who intuitively understand the dominant African market and are tackling systematic problems with sustainable solutions. We prioritize businesses that have at least one founder who holds significant equity that comes from a gender or geographically underserved background, particularly female founders or founders from Northern Nigeria.
We are investing between USD20k to USD100k in pre-seed and seed stage startups in Nigeria and Africa, building for the key segment of the economy.
At PennPromise Ventures, we are backing pre-seed and seed-stage startups that are solving real problems in key economic sectors. If you fall into this category and are ready to scale, we want to invest.Cheque size ranges from $20K to $100K.
Think you have what it takes but not sure you check every box? Research shows that while men apply to roles when they meet an average of 60% of the criteria, women often only apply when they meet every requirement. If you are hesitating, apply!
Disclaimer
