Venture studioiKineo Ventures is a venture studio based in Cape Town, South Africa, focused on creating and investing in technology-enabled businesses. They collaborate with entrepreneurs to develop and scale innovative companies.
FirstFounders Inc.
FirstFounders Inc. is an AI-first venture studio based in Lagos, Nigeria, focused on building and funding high-growth AI-driven ventures across Africa, particularly in underserved communities.
Online destinations
Find FirstFounders Inc. online
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Official links
Pages the organization runs itself.
Overview
FirstFounders Inc. (F2) is an AI-first venture studio and ecosystem collective founded in March 2020 and based in Lagos, Nigeria, with additional registration in Delaware, USA. The organization focuses on building, funding, and scaling high-growth AI-driven ventures across Africa, particularly targeting underserved communities. It aims to democratize entrepreneurship and drive corporate innovation.
Focus
FirstFounders invests in early-stage, high-growth AI ventures across various sectors, including fintech, consumer, and entertainment. The organization provides end-to-end support for entrepreneurs, from the idea stage to product-market fit, utilizing a proprietary venture studio playbook.
Support
FirstFounders offers mentorship, embedded engineering support, product development, legal assistance, go-to-market strategies, fundraising, hiring, and M&A support to entrepreneurs.
Questions
What is the investment amount?
FirstFounders provides an initial investment of $250k.
What equity does FirstFounders take?
The organization takes 30% equity in the ventures it supports.
How long is the support period?
FirstFounders offers 36 months of embedded support.
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