Alyune-Blondin Diop questioned venture capital's standard fund model after interviewing over 50 fund managers, co-authoring a paper on how fund structures could better fit African founders and investors. At LoftyInc Capital, he's known for explaining how the firm is directing 30% of its new fund toward Francophone Africa, and he speaks publicly on topics like Gulf and Asian investors stepping into African tech funding and the traction metrics founders should track.
About their Fund
Sectors
Fintech, Health, Ecommerce, Education, Logistics
Rounds
Seed
Avg Check Size
Notable Investments
LoftyInc Capital grew out of building African startup ecosystems—including launching Nigeria's Wennovation Hub and helping start the Afropreneur Angel Group and Lagos Angel Network—before becoming a fund, and it later attracted major institutional backers like IFC, FMO, and Meta's NPE team, marking Meta's only investment in an African VC, while its early Nigeria-focused fund returned 5.7x cash-on-cash through exits such as Flutterwave and Reliance Health. It is now focused on helping startups bridge the gap between late-seed and Series A funding, deploying at least 30% of its new fund across East, North, and Francophone Africa through teams based in Nigeria, Egypt, and Kenya.
Other partners at the fund
Notable Fund
Investments
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Sheets they're in
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Sheets they're Fund is in
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Popular Investors
investor name
Active in
Rounds
Avg. Check
Links
Deeptech / Hardware
Robotics
Biotech
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12
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Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Defense
Deeptech / Hardware
Energy
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7
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Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Defense
Deeptech / Hardware
Energy
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7
View more in profile...
Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Biotech
Health
Deeptech / Hardware
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2
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Unknown
Pre-Seed - Seed
Unknown
$250K - $2M
Unknown
Climate
Deeptech / Hardware
Materials
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4
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Unknown
Pre-Seed - Seed
Unknown
$400K - $1.5M
Unknown
Deeptech / Hardware
Robotics
Biotech
+
7
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Deeptech / Hardware
Robotics
Biotech
+
2
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
~$750K
Unknown
Fintech
Deeptech / Hardware
Devtools
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2
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Unknown
Pre-Seed - Series A
Unknown
$250K-$1M
Unknown
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