Greetings! The next Tekedia Capital cycle will run from Oct 2 to Nov 14, 2023. That means Nov 14, 2023 is the last date to receive payment for members participating in the cycle.
We have great companies coming. In one, we joined YCombinator to invest in one of the world’s AI-powered modern cybersecurity firms (space will be rationed but we can expand if necessary). And we also have an agtech firm which generates tens of millions of US dollars in Nigeria. Shortly after we signed the term sheet, a big Swiss agro-giant came to lead the next round; the founder is in Zurich as we type.
Today, one of our startups was picked by a big Lagos bank to manage its agro-lending (capital size: N5 billion), drawing from impressive execution results that the startup has recorded since it raised money from us in May 2023. We will provide details during the business review.
Please remember that the H2 2023 Business Review of portfolio companies will be held on Sept 16, 2023 at 4-6pm WAT. The Zoom link is on this page in the Board when logged in.
If you have completed your 4 cycles, please renew here via our bank (for Naira payment) or Paypal, Stripe and other means if paying in USD. The amount remains $1,000 or N550,000 (we will be changing the rate soon, so renew as early as possible).
We continue to welcome new members to Tekedia Capital Syndicate which makes it possible for individuals, companies, etc to co-invest in some of the most amazing startups of our time. Click and join here.
We truly appreciate your partnership.
Tekedia Capital Team
Tekedia Capital offers a specialty investment vehicle (or investment syndicate) which makes it possible for citizens, groups and organizations to co-invest in innovative startups and young companies in Africa. Capital from these investing entities are pooled together and then invested in a specific company or companies. Our focus is on companies with primary operations in Africa even though they may be legally domiciled within or outside Africa. Learn more about Tekedia Capital on this page.