Nubia Capital

Nubia Capital is a pan-African venture capital firm dedicated to investing in tech-enabled startups across the African continent. The firm is committed to fostering entrepreneurship, driving positive change, and creating sustainable growth through conscientious investing. They aim to support exceptional individuals in building and growing remarkable enterprises that contribute to a healthier planet, a smarter economy, diverse communities, and broader prosperity. Nubia Capital provides not only capital but also strategic guidance, regulatory insight, and ecosystem support to help African entrepreneurs scale their innovations.

Founded in 2023, Nubia Capital operates as a growth equity firm with its headquarters in Rochester Hills, Michigan, USA. The firm focuses on early-stage investments, primarily in the pre-seed and seed stages, with typical check sizes ranging from $50,000 to $500,000. Nubia Capital emphasizes a people-focused approach, believing that conscientious investing is crucial for a better future in Africa.

Nubia Capital's investment strategy targets key thematic areas including fintech, edtech, healthtech, cleantech, agritech, SaaS, and AI-driven B2B platforms. Their portfolio showcases a diverse range of innovative companies such as Regxta (digital financial inclusion), Mariam Grey Pharmacy (digital healthcare & telepharmacy), Niteon (AI-powered supply chain & embedded finance), Blueroomcare (digital mental health), UltraTeb (fintech-enabled B2B healthcare procurement), PocketLawyers (legaltech), EATO (AI-driven digital marketplace for food), Phundit (digital savings & behavioral finance), and Flick (cross-border payments).

The firm's dedicated team, including Managing Partner Olaide Lawal, Co-Managing Partner Davidson Oturu, and Investment Committee Members Nela Duke Ekpenyong and Ezinne Eze-Ajoku, leverages a global network to empower African entrepreneurs. Davidson Oturu also plays a direct role in shaping Nigeria's startup landscape as a private sector representative on the National Council for Digital Innovation and Entrepreneurship, positioning Nubia Capital at the forefront of policy and ecosystem development in Africa. The team provides tailored coaching and hands-on support to help entrepreneurs overcome challenges and unlock their full potential, driving sustainable growth across the continent.