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WaSa Venture was founded in August 2024 and operates from both Italy and the UK. The organization is dedicated to bridging the gap between high-potential African startups and the European market. By focusing on the growth and development of African entrepreneurs, WaSa Venture aims to create a supportive ecosystem that fosters innovation and investment.
As a newly established venture capital firm, WaSa Venture is still in the early stages of building its portfolio and establishing its presence in the investment landscape. The firm is committed to empowering African founders through its tailored Accelerator Program, which is designed to provide essential resources and connections to help startups thrive.
WaSa Venture specializes in investing at the pre-seed, seed, and seed-plus stages, specifically targeting African startups looking to expand into the European market. The firm runs an 8–12 week Accelerator Program that offers practical training, expert mentorship, and operational support. This program is designed to prepare entrepreneurs for investment and accelerate their growth.
The organization emphasizes the importance of connecting African entrepreneurs with European resources and networks. By providing access to a diverse range of support, WaSa Venture aims to empower founders to build strong companies capable of attracting investment and achieving sustainable growth.
Benedict Mori - Co-founder. Benedict has a background in venture capital and entrepreneurship, focusing on supporting startups in emerging markets.
Aleh Ogadinma - Co-founder. Aleh brings experience in business development and investment, with a keen interest in African markets.
Reuben K. Sam - Co-founder. Reuben has a strong background in technology and startup growth, particularly in the African context.
Udoka Nzemeke - Writer. Udoka contributes to content creation and communication strategies for WaSa Venture.
Mo Zidan - Mentor. Mo provides mentorship to startups, leveraging his extensive experience in the tech industry.
Mamady Camara - Strategic Advisor. Mamady offers strategic insights and guidance to help shape the direction of WaSa Venture.
Iminza Anyamba - Mentor. Iminza supports founders through mentorship, focusing on operational excellence and growth strategies.
To pitch WaSa Venture, founders should send an email to info@wasaventure.com with a detailed pitch deck. The deck should include information about the business model, market opportunity, and team. A warm introduction is preferred but not mandatory.
WaSa Venture runs an 8–12 week Accelerator Program specifically designed for African founders. This program includes practical training, expert mentorship, and operational support, aimed at preparing startups for investment and growth.
Eligibility for the program is primarily targeted at African entrepreneurs with high-potential startups looking to enter the European market. Interested founders can apply by reaching out via email to info@wasaventure.com.
Since its founding in August 2024, WaSa Venture has been actively promoting its mission to connect African startups with the European market. The firm has emphasized its Accelerator Program, which is designed to support African entrepreneurs in their growth journey.
As a new player in the venture capital space, WaSa Venture is focused on building its reputation and establishing partnerships that enhance its ability to support startups. The firm continues to seek opportunities to engage with the African startup ecosystem and facilitate access to European resources.
What are WaSa Venture's investment criteria?
WaSa Venture focuses on African startups at the pre-seed, seed, and seed-plus stages. The firm looks for high-potential companies that demonstrate strong growth potential and a clear path to market entry in Europe.
How can founders apply or pitch to WaSa Venture?
Founders can reach out to WaSa Venture via email at info@wasaventure.com to express interest in the Accelerator Program or to pitch their startup. A detailed pitch deck outlining the business model, market opportunity, and team is recommended.
What makes WaSa Venture different from other investors?
WaSa Venture uniquely focuses on connecting African startups with the European ecosystem, providing tailored support through its Accelerator Program. This program includes mentorship and operational assistance specifically designed for African founders.
What is the geographic scope of WaSa Venture's investments?
The firm primarily invests in startups based in Africa, with a strong emphasis on those looking to enter the European market. This dual focus allows them to leverage opportunities across both regions.
What kind of post-investment support does WaSa Venture provide?
WaSa Venture offers ongoing mentorship and operational support to its portfolio companies, helping them navigate the challenges of scaling and preparing for future investment rounds.
What is the typical check size for investments?
While specific check sizes are not disclosed, WaSa Venture invests at the pre-seed, seed, and seed-plus stages, which typically involve smaller initial investments aimed at supporting early-stage growth.
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