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WEAV (Women's Enterprise Acceleration Vehicle)

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Overview

WEAV (Women's Enterprise Acceleration Vehicle) is a venture capital organization founded to support female entrepreneurs across Africa. Established with a mission to foster innovation in the region, WEAV emphasizes backing founders who demonstrate resilience and boldness. The organization is headquartered in Nigeria and operates with a small team of 1-10 employees, focusing on early-stage investments.

Currently, WEAV manages a fund that targets seed-stage companies, providing cheque sizes ranging from $200,000 to $750,000. The firm is dedicated to creating a positive societal impact while generating financial returns. Notable milestones include their proactive engagement with portfolio companies, such as Agriarche, which highlights their commitment to hands-on support.

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Frequently Asked Questions

What are WEAV's investment criteria?

WEAV focuses on seed-stage companies led by female entrepreneurs in Africa. They specifically look for businesses in the climate, fintech, and work sectors that demonstrate resilience and a commitment to positive societal impact.

How can I apply or pitch to WEAV?

Founders interested in pitching to WEAV can visit their website at weavcapital.com for more information on the application process.

What makes WEAV different from other venture capital firms?

WEAV emphasizes gender-lens investing, focusing exclusively on female founders in Africa. Their hands-on approach includes providing network access and capacity building, ensuring that entrepreneurs receive comprehensive support beyond just capital.

What is the geographic scope of WEAV's investments?

WEAV primarily invests in companies based in Africa, with a specific focus on supporting female entrepreneurs across the continent.

What is the typical check size for investments?

WEAV provides cheque sizes ranging from $200,000 to $750,000 for seed-stage investments.

What kind of post-investment involvement does WEAV have?

WEAV maintains a hands-on approach post-investment, offering support through network access and capacity building to help female founders thrive in their ventures.

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