Moove backer LoftyInc marks first close of latest fund
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Moove backer LoftyInc marks first close of latest fund

By Dilasha Seth

  • 05 Mar 2025
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Moove backer LoftyInc marks first close of latest fund
(From left) LoftyInc founding partners Michael Oluwagbemi, Idris Ayodeji Bello, Marsha Wulff

LoftyInc Capital, a pan-African early-stage venture capital firm and an early investor in three unicorn startups, has announced the first close of its latest investment vehicle, significantly surpassing the halfway mark of its target corpus.  The Lagos-headquartered VC firm has raised $43 million in the first close of LoftyInc Alpha Fund, ......

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