V8 Capital Partners

What V8 Capital Partners does

V8 Capital Partners is a Lagos-based African venture capital firm founded in 2017 that backs B2B2C enterprise technology businesses across the continent. The firm concentrates on companies enabling business-process transformation and digital automation across five core verticals: financial services, healthcare, education, transportation, and agriculture. Its portfolio of approximately 15 companies includes AppZone (enterprise fintech, first licensed Blockchain Switch in Africa), Kobo360 (logistics automation), 54Gene (genomics and biotech data), MarketForce (digital retail distribution), Bamboo (investment app), Mecho Autotech, VerifyMe, Yemaachi, and Bambooks.\n\nThe firm operates a stage-stratified fund stack comprising the VCP Legacy Fund, VCP Pre-Growth I (Q1 2021, Pre-Series A), V8 Growth Labs I (2020 accelerator), VCP GPF I (2022 co-investment fund for African partners), and VCP Growth Fund I LP (Q4 2022, first institutional LP fund domiciled in Delaware). Supporting infrastructure includes V8 Valley, a 50-person co-working space in Lekki, Lagos, and the Digital Access for All Foundation (DAAF). V8 typically deploys growth capital at Series A and provides specialized know-how drawn from a team with prior experience at Intel Capital Africa, Standard Chartered Private Equity, HSBC Principal Investments, Goldman Sachs, and Booz & Company.\n\nThe firm generates revenue through management fees and carried interest on its fund vehicles (terms negotiated privately with LPs and not publicly disclosed), with portfolio-company exits providing the upside. Distribution channels are direct: Series A investing, V8 Valley co-working residency, and the V8 Growth Labs accelerator all serve as deal-sourcing and portfolio-support mechanisms. Strategic partnerships with GIZ, Google, and the African Angel Network (established in 2019) anchor the entrepreneur-development funnel. The firm is privately held by its founding partners (Tobi Oke, Managing Partner, and Oroma Oyewole, Partner) and is not publicly traded.

Name

V8 Capital Partners

Legal name

V8 Capital Partners

Website

https://v8cappartners.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

V8 Capital Partners is a Lagos-based African venture capital firm founded in 2017 that backs B2B2C enterprise technology businesses across financial services, healthcare, education, transportation, and agriculture through a stage-stratified stack of funds and an in-house accelerator.

Ownership category

akta.pro rank

Product category

Venture Capital

NAICS

Funds, Trusts, and Other Financial Vehicles (525), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282)

akta.pro primary industry

Early-Stage Venture Capital (Series A/B) (FSANAAAB)

akta.pro secondary industries

Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD), Institutional Capital Introduction (LP/Family Office/Endowment Matching) (FSAEALAI)

Keywords

• African venture capital
• Growth capital funds
• Enterprise technology investing
• Series A financing
• Startup acceleration

Headquarters

HQ city

Lagos

HQ country

Nigeria

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Venture Capital Fund Management: V8 Capital Partners manages multiple funds (VCP Legacy Fund, VCP Pre-Growth I, VCP GPF I, V8 Growth Labs I, VCP Growth Fund I LP) and generates returns through capital appreciation and exits from portfolio companies

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

V8 Capital Partners is an African venture capital firm that deploys growth capital and specialized operating know-how at Series A financing rounds into enterprise technology businesses with B2B2C business models across Africa. The firm manages a family of investment funds — VCP Legacy Fund, VCP Pre-Growth I, VCP GPF I, VCP Growth Fund I LP (institutional Delaware-based fund), and V8 Growth Labs I (early-stage accelerator) — targeting Financial Services, Health, Education, Transportation, and Agriculture verticals. LPs commit capital to these funds to gain risk-adjusted exposure to African enterprise technology, while portfolio companies receive capital alongside hands-on operational support through V8 Growth Labs and the V8 Valley co-working ecosystem.

Product overview

V8 Capital Partners is a leading African venture capital firm offering a portfolio of specialized investment funds targeting different growth stages of enterprise technology businesses. The firm's fund family includes VCP Legacy Fund (early investments), VCP Pre-Growth I (Pre-Series A), VCP GPF I (co-investment), VCP Growth Fund I LP (institutional LP fund), and V8 Growth Labs I (seed/early-stage accelerator). Supporting infrastructure includes V8 Valley co-working space, while the Digital Access for All Foundation (DAAF) provides development impact initiatives. The firm focuses on business automation across Financial Services, Health, Education, Transportation, and Agriculture verticals.

Differentiator

Problem solved

Functional benefit

Products and services

• VCP Legacy Fund The original venture capital fund through which V8 Capital Partners made its earliest investments in African enterprise technology businesses, used for initial deals including AppZone and the V8 Valley co-working space. Available to qualifying Limited Partners.
• VCP Pre-Growth I A Pre-Growth venture capital fund launched in Q1 2021 targeting Pre-Series A companies across Africa. Used to invest in companies such as Yemaachi, Mecho, VerifyMe, and MarketForce. Available to qualifying Limited Partners.
• VCP GPF I An automated Co-Investment Fund launched in 2022 to accommodate key African partners across the continent, allowing co-investment alongside V8 Capital Partners' primary funds. Available to qualifying African partners.
• VCP Growth Fund I LP The firm's first institutional LP fund, launched Q4 2022 and based in Delaware, focused on growth capital investments into African enterprise technology businesses. Available to institutional and strategic Limited Partners seeking African exposure.
• V8 Growth Labs I An early-stage seed accelerator fund launched in 2020 providing business know-how and seed capital to entrepreneurs within the V8 Venture Network. Available to early-stage African technology entrepreneurs selected into the program.
• V8 Valley Co-working Space A 50-person co-working space located at 7B Dr. S Ezekuse Close, Off Admiralty Way, Lekki Phase 1, Lagos. Serves as an ecosystem hub for early-stage technology businesses within the V8 Venture Network, including portfolio companies and partner entrepreneurs.

Quantifiable outcome

• Multiple portfolio companies achieving significant funding rounds ($10M-$40M)
• +2 more outcomes

Named customers15 records

Segments6 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core.

• IlluminacoreStrategic or Co-development Partner · 1 January 2020Portfolio company 54Gene partnered with Illumina, a US-based Genomics Service Provider. This partnership grants 54Gene the capability to sequence, analyse and genotype data without needing to send samples abroad, making them the only private laboratory in Africa with this set of capabilities.
• GIZcoreStrategic or Co-development Partner · 1 January 2019V8 Capital Partners through its co-working space partnered with GIZ to deliver Masterclasses to entrepreneurs in 2019, significantly narrowing the knowledge gap to enable entrepreneurs to succeed.
• GooglecoreStrategic or Co-development Partner · 1 January 2019V8 Capital Partners partnered with Google through its co-working space to deliver Masterclasses to entrepreneurs in 2019, providing technology training and mentorship programs.
• African Angel NetworkcoreStrategic or Co-development Partner · 1 January 2019V8 Capital Partners partnered with the African Angel Network to deliver Masterclasses to entrepreneurs in 2019, contributing to the entrepreneurial ecosystem development.

Scale indicators6 records

Recent moves11 records

Expansion highlights6 records

Direct peers

• TLcom Capital: Pan-African early-to-growth stage venture capital firm (Tide, LoftyInc), investing in African tech startups across fintech, logistics, and enterprise. Directly comparable as an Africa-focused, multi-fund VC with similar Series A orientation and portfolio overlap with V8 in fintech and enterprise software.
• Novastar Ventures: Africa-focused early-to-growth VC (Novastar Africa East Africa Fund, Novastar Ventures Fund III) backing African entrepreneurs. Comparable as a Series A-oriented Africa VC with similar enterprise and consumer-tech thesis, though with East Africa tilt.
• Norrsken22: Pan-African tech growth fund ($200M+) investing in African tech companies across fintech, healthtech, logistics, and enterprise. Comparable as a Series A/B Africa VC with overlap in fintech and enterprise software and similar institutional LP backing.
• 4DX Ventures: Pan-African early-stage VC fund investing in African tech founders globally. Comparable as an early-stage Africa-focused fund backing enterprise and consumer tech with similar B2B/B2B2C thesis and portfolio overlap in fintech and logistics.
• Future Africa: Pan-African early-to-growth VC fund investing in African tech companies with a focus on B2B software and enterprise. Comparable in stage orientation and enterprise software thesis, with overlapping fintech and enterprise portfolio companies.
• Launch Africa Ventures: Pan-African early-stage VC fund investing in tech-enabled businesses across Africa with seed and Series A participation. Comparable as an Africa-focused multi-sector VC with similar stage orientation and portfolio overlap in fintech and consumer-tech.

Broad incumbents

• Partech Partners: Global VC with a dedicated Africa fund (Partech Africa II) investing across stages in African tech. Comparable as a multi-fund Africa VC with deeper AUM, broader stage range, and overlapping fintech/logistics/health portfolio exposure.

Emerging players

• Microtraction: Nigerian pre-seed/seed VC fund backing African tech founders from idea to Series A readiness. Comparable as a Nigerian-domiciled Africa VC, but at an earlier stage than V8's core Series A focus; serves as a potential pipeline source for V8's Growth Fund.
• Consonance Investment Managers: Nigerian early-to-growth VC manager (Consonance East Africa Fund, KFonK Fund) backing African tech founders. Comparable as a Nigerian-rooted Africa VC with similar focus on enterprise and fintech, though with broader Pan-African geographic reach.

Regional players

• AAIC (Africa Asia Investment & Consulting): Pan-African VC and growth equity investor with focus on Africa-Asia cross-border tech investments. Comparable as a multi-fund Africa-focused VC with similar Series A and growth-stage orientation, particularly in fintech and enterprise, with Japan/Asia LP base.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/V8Africa

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments17 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about V8 Capital Partners