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Acuity Venture Partners is a venture capital firm based in Lagos, Nigeria, and Accra, Ghana, focusing on technology startups across Sub-Saharan Africa. Founded in 2019 by Lexi Novitske, the firm emerged from the acquisition of the Singularity Investments portfolio. Acuity has historically played a significant role in the African tech ecosystem, particularly in the fintech and healthtech sectors. The firm has invested in over 20 companies, emphasizing a data-driven approach to identify and support impactful entrepreneurs.
Despite the current operational status being unclear, Acuity's mission centers on bridging international capital with local talent. The firm has a strong emphasis on Seed and Series A investments, aiming to create sustainable positive impacts through technology innovation. Acuity's portfolio includes notable companies such as Flutterwave and Paystack, which are leaders in the African payments space.
As of now, Acuity's website is for sale, and there are no recent updates regarding its activities. However, the firm remains relevant in discussions about African venture capital, especially as its founder has transitioned to a role at Norrsken22, a new investment vehicle focused on growth-stage opportunities in Africa.
Acuity Venture Partners focuses on early-stage investments in technology startups that have the potential to create sustainable impact in Africa. The firm primarily targets sectors such as fintech, healthtech, edtech, and logistics. Acuity emphasizes a data-driven investment strategy, utilizing analytics to identify promising entrepreneurs and support their growth journeys. The firm seeks to invest at the Seed and Series A stages, providing capital to startups that demonstrate innovative solutions to pressing challenges in the region.
Geographically, Acuity concentrates its efforts on Sub-Saharan Africa, with a particular focus on Nigeria and Ghana. The firm looks for founders who are not only passionate about their ideas but also possess the capability to execute and scale their businesses. Acuity's investment thesis revolves around unlocking Africa's potential through technology, aiming to connect international capital with local talent and drive impactful change across the continent.
Acuity Venture Partners has invested in a diverse range of technology startups across Sub-Saharan Africa. The firm's portfolio includes:
These companies represent a mix of sectors, showcasing Acuity's commitment to investing in technology that addresses critical needs in the African market. The firm has historically supported over 20 startups, contributing to the growth of the tech ecosystem in the region.
Lexi Novitske - Founder / Managing Partner (historically; now General Partner at Norrsken22). Lexi launched Singularity Investments in 2014 and acquired its portfolio to establish Acuity Venture Partners in 2019. She has led investments in notable African fintech and enterprise platforms, including Paystack and Flutterwave.
Bernard Ghartey - Former Head of Investments at Acuity; now Principal at Norrsken22. Bernard focused on early-stage technology businesses in West Africa and has extensive experience in sub-Saharan Africa investing and investment banking.
Olamide Balogun - Former finance/admin at Acuity; now Finance & Admin Assistant at Norrsken22. Olamide worked closely with Lexi and Bernard during her tenure at Acuity, contributing to the firm's operational functions.
Currently, specific details on how to pitch to Acuity Venture Partners are not available due to the firm's unclear operational status. However, founders are encouraged to prepare a comprehensive pitch deck that includes their business model, market analysis, and growth strategy. Networking through industry events or professional connections may provide opportunities for introductions.
As of April 2026, Acuity Venture Partners' website is currently for sale, and there are no recent updates or public activities associated with the firm. The founder, Lexi Novitske, has transitioned to a role at Norrsken22, which focuses on growth-stage investments in Africa. This shift indicates a potential change in the operational status of Acuity, with founders advised to verify current contact paths before pursuing funding opportunities.
What are Acuity Venture Partners' investment criteria?
Acuity focuses on early-stage technology startups in Sub-Saharan Africa, particularly in sectors like fintech, healthtech, edtech, and logistics. The firm looks for companies that demonstrate potential for sustainable impact and innovative solutions to local challenges.
How can founders pitch to Acuity Venture Partners?
Founders should prepare a detailed pitch deck that outlines their business model, market opportunity, and growth strategy. While specific application channels are not currently available due to the firm's unclear operational status, reaching out through professional networks may be beneficial.
What makes Acuity different from other venture capital firms?
Acuity distinguishes itself through its data-driven investment approach, utilizing analytics to identify promising entrepreneurs. The firm emphasizes supporting founders with strategic guidance, governance, and talent management to help them navigate the challenges of building successful technology businesses.
What is the geographic scope of Acuity's investments?
Acuity primarily invests in Sub-Saharan Africa, with a strong focus on Nigeria and Ghana. The firm aims to connect international capital with local talent to drive innovation in the region.
What is the typical check size for investments?
While specific check sizes are not disclosed, Acuity historically invests at the Seed and Series A stages, which typically range from $100,000 to $2 million, depending on the startup's needs and growth potential.
What kind of post-investment support does Acuity provide?
Acuity adds value to its portfolio companies by offering strategic support, governance, talent management, and analytics. The firm leverages its expertise and network to help entrepreneurs overcome challenges and scale their businesses effectively.
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