$6M sweet spot round size
Most of their 28 investments are in rounds between $2.5M and $14M
2018
Advance Tech Lending Inc. raised $16M on March 29, 2023
Investors: Cross Ocean Ventures, Foxmont Capital Partners, Kaya Founders, Oyster Ventures, Integra Partners, Wavemaker Partners and Next Billion Capital Partners
Kibanda TopUp raised $1.7M on March 1, 2022
Investors: Jedar Capital, Ventures Platform Fund, FirstCheck Africa, DFS Lab, HoaQ and Next Billion Capital Partners
Trinio raised undisclosed on December 1, 2021
Investors: Soma Capital, Caravela Capital, Addition, Global Founders Capital, Latitud, Gilgamesh Ventures and Next Billion Capital Partners
GajiGesa raised $9.5M on November 29, 2021
Investors: Quest Ventures, Smile Interactive Technologies Group (Smile Multimedia), Earnd, January Capital and Next Billion Capital Partners
Dropezy raised $2.5M on November 23, 2021
Investors: Alto Partners Pte Ltd, Tekton Ventures, Forge Ventures, Nordstar and Next Billion Capital Partners
Morada Uno raised $2M on September 1, 2021
Investors: Clocktower Technology Ventures, Picus Capital, Global Founders Capital and Next Billion Capital Partners
Bazaar Technologies raised $30M on August 24, 2021
Investors: Saison Capital, Acrew Capital, Indus Valley Capital, defy.vc, Global Founders Capital and Next Billion Capital Partners
EmCasa raised $21M on July 21, 2021
Investors: Globo Ventures, Pear VC, ONEVC, MAYA CAPITAL, e.bricks Ventures, Flybridge, monashees and Next Billion Capital Partners
Trella raised $42M on May 28, 2021
Investors: Vision Ventures, RAED Ventures, Moving Capital, Algebra Ventures, Maersk Growth, FJ Labs, VentureSouq, Flexport, Foundation Ventures and Next Billion Capital Partners
Arrow raised undisclosed on March 8, 2021
Investors: Next Billion Capital Partners