Lateral Capital
Lateral Capital LLC is a venture capital firm focused on early and growth stage investments in sub-Saharan Africa. The firm specializes in technology-enabled businesses that address critical challenges in sectors such as financial services, healthcare, education, renewable energy, agriculture, housing, and logistics. Lateral Capital makes both debt and equity investments, typically ranging from $0.25 million to $5 million. With its headquarters in New York City and additional offices in Johannesburg, Nairobi, and Lagos, the firm aims to support mission-driven companies that provide foundational technologies and innovative solutions across the continent.
Autochek is an automotive technology company founded in 2020 and based in South Africa. It operates online platforms that connect buyers and sellers in the automotive sector, enhancing commerce through digital solutions. The company focuses on creating a marketplace that improves access to auto loans, quality maintenance, aftersales services, and warranty solutions. By offering a comprehensive digital infrastructure, Autochek aims to streamline the coordination and maintenance of vehicle records, facilitating smoother transactions and interactions within the car market.
Autochek is an automotive technology company founded in 2020 and based in South Africa. It operates online platforms that connect buyers and sellers in the automotive sector, enhancing commerce through digital solutions. The company focuses on creating a marketplace that improves access to auto loans, quality maintenance, aftersales services, and warranty solutions. By offering a comprehensive digital infrastructure, Autochek aims to streamline the coordination and maintenance of vehicle records, facilitating smoother transactions and interactions within the car market.
ADG Technology Inc. designs and develops interactive mobile applications for African consumers. The company matches gaming demand in Africa to the youth’s demands. The company's products include Carry1st Trivia and Hyper! games. ADG Technology Inc. was founded in 2018 and is based in New York, New York.
4G Capital, founded in 2013 and based in Nairobi, Kenya, specializes in providing instant access to credit for small businesses in Africa, particularly targeting the informal market. The company offers unsecured debt funding and financial literacy training tailored for micro-enterprises, including micro-business owners, rural traders, and female entrepreneurs. With a focus on enhancing sustainable growth, 4G Capital employs proprietary machine learning technology to gain insights into traditionally underserved sectors, allowing them to design scalable credit products that align with their clients’ financial circumstances. Clients can access loans via mobile money in under two minutes, facilitating quick and efficient funding. The company addresses the significant finance gap faced by micro and small enterprises in Africa, which often struggle to secure credit due to stringent collateral requirements. 4G Capital has achieved impressive metrics, including a collection rate exceeding 94% and a notable increase in client revenues. With operations in Kenya and Uganda, 4G Capital is expanding its reach across the continent, aiming to positively impact over 1 million people while fostering financial literacy and business success.