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Growth Capital by CcHUB is Nigeria's first social innovation fund, established to support early-stage businesses that drive social change in Nigeria. Based in Nigeria, the fund focuses on creating infrastructure for change through technology. It typically invests between ₦10 million and ₦30 million, targeting high-potential ventures.
Growth Capital invests in early-stage social enterprises that are building next-generation infrastructure in Nigeria. The fund provides check sizes ranging from $13K to $39K to support early growth, team consolidation, and market expansion. It seeks innovative technology products that enhance public services and connect them to citizens.
Growth Capital has invested in six companies developing digital infrastructure across various sectors, including healthcare, commerce, and education. Notable portfolio companies include Taeillo, a furniture and lifestyle brand; Edves, a school management system; Riby, a cooperative banking platform; LifeBank, a medical product service; Delivery Science, an enterprise SaaS company; and DrugStoc, a pharmaceutical procurement platform.
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