Hi Everyone, I’m Yele Bademosi, Founder of Microtraction.
Super excited to be here!
Microtraction funds Africa’s most remarkable teams with technical founders at the earliest stages of their venture and helps them build enduring companies.
Microtraction is backed and advised by top local and global investors including Pave Investments, Chris Shultz, Michael Seibel, Monique Woodward, Lexi Novitske, Dotun Olowoporoku & Dan Marom, collectively they have invested & advised startups like Airbnb, Paystack, Tizeti, Flutterwave, Printivo, Cruise, Walker & Company, mPharma and many more.
Our mission is to accelerate Africa’s economic growth by enabling innovation and supporting technology entrepreneurs. Our principal role is to increase the number of venture bankable startups across the continent, creating the market for venture and growth stage capital to follow on and ultimately bridging the pre-seed funding gap that currently exists
I wrote about why we started Microtraction on medium which you can read by clicking here.
Since we launched last month we’ve received close to 150 applications and hopefully should be making our first set of investments next month.
I’m super excited because I believe we got the timing right — the quality & ambition of some of the founding teams we’ve gotten so far have been inspiring and I can’t wait to be of service to the entrepreneurs that chose to partner with us.
Ask Me Anything!
AMA runs from 2 - 3:30pm!