07 March 2025
Deals and Wins
Foley Represents LoftyInc Capital in $43M First Close of New Pan-African Seed Fund
Foley & Lardner LLP represented LoftyInc Capital Management in securing a $43 million first close for its new LoftyInc Alpha Fund, a late-seed investment vehicle aimed at scaling Africa’s most promising tech startups, particularly in Nigeria, Egypt, Kenya, and Francophone Africa. LoftyInc is one of Africa’s most established venture capital firms, with over a decade of experience backing startups such as Flutterwave, Andela, and Wave Mobile Money.