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Ajim Capital is an early-stage venture capital firm founded in 2022 by Eunice Ajim, a prominent tech founder and investor recognized in Forbes 30 Under 30 for Venture Capital in 2026. Based in Sub-Saharan Africa, the firm is dedicated to addressing significant business opportunities by investing in technology companies that are building essential infrastructure. With a fund size of $10 million, Ajim Capital aims to fill the funding gap in the pre-seed and seed stages, focusing on innovative solutions that tackle the region's most pressing challenges. The firm has a strong commitment to supporting founders who are working to create impactful businesses in Africa, leveraging its deep understanding of the local market and the unique challenges faced by startups in the region.
Ajim Capital primarily targets investments at the pre-seed and seed stages in technology sectors such as fintech, logistics, vertical SaaS, and artificial intelligence (AI). The fund employs a thesis-driven approach, drawing on successful business models from markets like China, India, and Latin America to foster innovation in Africa. Key areas of interest include financial infrastructure, B2B trade solutions, last-mile logistics, industry-specific SaaS platforms, and AI-driven enterprise tools. By adapting proven business models to the African context, Ajim Capital aims to support startups that are not only innovative but also capable of addressing the continent's unique challenges and opportunities.
Ajim Capital has built a diverse portfolio of over 30 companies since its inception. Notable investments include Eazipay, which provides payroll and HR infrastructure; Dojah, an AI-powered fraud prevention platform; Tyms, an AI-native accounting software; Chpter, a social commerce solution; Mira, a modern point-of-sale system; BuuPass, a leading transport booking platform in Kenya; and Flex Finance, which offers spend management solutions. The firm is focused on nurturing these startups to help them scale effectively and navigate the challenges of the African market, with a goal of deploying capital to a total of 50 tech startups through its first fund.
Eunice Ajim - Founder and General Partner. Eunice is a two-time founder turned investor, recognized for her contributions to the tech ecosystem in Africa. She has a strong background in building and scaling startups, which informs her investment strategy at Ajim Capital.
To pitch Ajim Capital, founders should prepare a detailed pitch deck that outlines their business model and market opportunity. While specific submission guidelines are not provided, a well-structured presentation is essential for consideration.
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