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Hux Ventures

Hux Ventures is a Lagos-based venture studio that focuses on building startups internally. Founded in 2019, it transitioned from a venture capital fund to a model that emphasizes co-founding and developing new ventures.

Website
hux.vc
Founded
2019

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Overview

Hux Ventures, founded in 2019 by Sam Ojei, is a venture studio based in Lagos, Nigeria. Initially operating as a venture capital fund, the firm announced in 2025 its pivot to a venture studio model. This transition allows Hux Ventures to focus on co-founding and building startups internally, providing hands-on support in areas such as concept generation, product development, and operational growth. The studio aims to support African founders by leveraging shared resources and expertise to tackle significant challenges across various sectors, including technology, healthcare, and renewable energy.

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