On #IWD2022, our co-founders @ElohoGM & @OdunEweniyi have written an open letter to Africa's female founders. In an ecosystem that's in the spotlight and growing fast, they're reminding us what's at stake.
đź”—: bit.ly/firstcheckopenletter
Happy Women's Day!
#FirstCheckOpenLetter
Time for some honest conversation!đź’Ą
Join Eloho Omame & @OdunEweniyi as they unpack how to build what truly scales at Moonshot 🚀
Oct 15 at Eko Convention Center
🎟️ moonshot.techcabal.com
250,000 lives touched. $1M raised.
Dr. Lorraine Muluka built Malaica to transform maternal care in Africa.
Join us for a fireside chat on product-market fit, real pivots & building what women actually need.
Today at 6PM WAT
Sign up → lu.ma/vt1ul4ip
Raising funding in Africa's early-stage ecosystem?
Join us for a fireside chat with Fanta Traore (Seedstars Africa Ventures) as we unpack what it really means to be investor ready; from traction to data rooms.
📍Wed. May 7 | 6PM WAT
lu.ma/vn9ey0v4
How do you go from an idea to securing investor backing?
Join us for a fireside chat with Sneha Mehta (Uncover) & Maelis Carraro (Catalyst Fund) as we break down the fundraising journey—securing early capital and more
March 26 | 6 PM WAT
Sign up now!
lu.ma/faxci6ti
🚀 Big news!
@MoneyHashHQ has been named a UAE Future 100 winner, recognized for driving innovation in fintech! 🎉
We’re proud to support their mission to simplify payments across MENA. Onward and upward!
📖 Read more: zawya.com/en/press-release/c…
🔑 A messy cap table can block future funding.
Our founders Eloho and Odun break down:
How fragmented cap tables happen (hint: early fundraising struggles)
Why fixing them later is tough
Why aligned investors matter
📺 Watch now: youtu.be/4z3JL2b46vA
đź’ˇ What kind of funding is right for you?
VC? Incubators?
Next week, we’re sitting down with Aramide Abe to break it all down—what founders need to know about different funding types & how to choose the right path.
đź“… Feb 26 | 6PM WAT
Save your spot: lu.ma/mmkhb1y1
Credibility vs. visibility: where should founders focus?Odun & Eloho share why doing the work is just as important as building your brand-and how strategic visibility can add real value to your startup.
📽️ Watch here: youtu.be/Dvb4nru5fa4
🎉 Fireside Chats Are Back! 🎉
Join us on Jan 29th at 6 PM WAT for Launch to Seed: Fundraising Fundamentals.
Featuring:
✨ Namara (Flat6Labs Africa Seed Fund)
✨ Miranda Perumal (Scale)
đź’ˇ Learn VC basics & fundraising strategies for first-time founders
lu.ma/0stl516g
Well done to the team at @MoneyHashHQ on raising $5.2M in their latest round! We're proud to be on this journey with them as they simplify financial operations across the Middle East and Africa. 🎉
MoneyHash, an Egyptian fintech startup that provides APIs to help businesses in Africa and the Middle East manage their online payments on a single platform, has raised $5.2 million.
techcabal.com/2025/01/21/egy…
What makes a great founder-investor relationship? It’s a question that goes beyond just funding—because money alone doesn’t build successful startups.
What makes a great founder-investor relationship? It’s a question that goes beyond just funding—because money alone doesn’t build successful startups.
In this episode, Odun and Eloho reflect on the dynamics that matter most. From the importance of openness and transparency to, asking hard questions. It’s about having honest conversations, offering support beyond capital, and being intentional about who you choose to work with.
At FirstCheck Africa, we know that great partnerships are built on shared vision, mutual respect, and the ability to navigate challenges together. It’s all part of building the ecosystem we want to see.
Watch the full episode now! 🎥
youtu.be/1GJE-MoDNCg
This is Uncover’s third funding round. It raised $100,000 in a 2021 pre-seed round from Antler VC and a $1 million seed round in 2022. In its latest funding round, Uncover provided exits for early investors through a secondary sale, according to its CEO
techcabal.com/2024/07/15/unc…
FirstCheck Africa is at its core a pre-seed fund. Pre-seed startups may be pre- or post-launch and pre- or post-revenues.
If your startup is already generating revenues, then it’s had a product in the market for a short time.
In the second episode of our conversation series, Eloho and Odun discuss striking a balance between aiming for representation and targeting the same investment returns that the average early-stage fund seeks.
youtu.be/Hh4qUGyAIN0
strong growth in revenues, users and other traction indicators, signs of product-market fit, attractive unit economics, and a founding team that’s gearing up to scale. We anticipate $10,000 or more in monthly revenues.
Pre-seed or seed, the most critical factor in our decision-making is the founder or cofounding team. We look for data-driven founders who combine domain expertise with passion, tenacity and resourcefulness.
All of the above and at least one female founder on the cofounding team.