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Bold Angel Fund (BAF) is an investment organization based in Africa, established to address the funding gap for startups on the continent. The fund pools resources from its members, who are entrepreneurs and professionals, to support early-stage companies. BAF focuses on changing the startup funding landscape across Africa.
BAF invests between $5,000 and $50,000 in early-stage companies across all sectors. The fund is sector-agnostic and particularly seeks technology-enabled ventures that tackle significant problems in African markets. Their investment strategy emphasizes scalability and growth potential in the startups they support.
Submit through their form at boldangelfund.com or email startup@boldangel.fund with your deck.
BAF typically participates in funding rounds but does not exclusively lead them. They often collaborate with other investors to support startups.
BAF is open to follow-on investments, especially for startups that demonstrate strong growth and potential for scalability after their initial funding.
The specific size of BAF's current fund is not publicly disclosed, but it is designed to address the funding needs of early-stage startups in Africa.
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