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Kuramo Capital Management | DICE Fund of Funds

vc$500MCo-investsLeads rounds

◆ Fund Size

$500M

◆ Check Size

$1.0M→$50.0M

◆ Location

Nigeria

◆ Portfolio

9 companies

◆ Activity

Statusactively investing

◆ Links

Website ↗@KuramoCapMgmt on X ↗

◆ Share this fund

ShareXLinkedInEmail

◆ Investment Thesis

Invest in high-growth, technology-enabled enterprises across all six geopolitical zones of Nigeria targeting young founders aged 15-35; net IRR target 20%, net money multiple 2.4x.

◆ About Kuramo Capital Management

Kuramo Capital Management is an independent private investment firm that drives catalytic commercial capital to fast-growing African businesses, generating attractive returns while positively impacting local communities. The firm has catalyzed over $3.5 billion to Sub-Saharan African businesses.

◆ Sectors

FintechEdtechEnterprise SoftwareCreator EconomyConsumer Apps

◆ Stages

seedseries-a

◆ Geography Focus

Nigeria

◆ Team

NameTitleRoleLinks
Wale AdeosunFounder & Chief Executive OfficerExecutivein
Arnold AkelloVice PresidentVice President
Clara MwangolaVice PresidentVice President
Eferiekose Ogochuku UkalaChief Compliance Officer; Vice President, LegalVP
Feyi OgungbemileInvestment Professionalprofessional
Gbolade OkeowoVice PresidentVice President
Kamal PallanPartner, Chief Operating Officer & Chief Compliance OfficerPartner
Labi WilliamsPartner & Managing DirectorPartner
Mojisola FasholaManaging Director & General CounselManaging Director
Mumo MuthengiManaging DirectorManaging Director
Nike OgunjimiDirectorDirector
Shaka KariukiPartner & Chief Investment OfficerPartner
Tapiwa MhizhaDirectorDirector

◆ Notable Investments

Adenia Capital IIIAdiwale Fund ICepheus Growth Capital PartnersHelios Investors IIUhuru Growth FundAfrica Food Security FundAfrica Capitalworks HoldingsConsonance Fund 1CardinalStone Fund ITrans-CenturyiDICE (Investment in Digital and Creative Enterprises)MEMAKuramo Africa Opportunity Fund IV Nigeria (KAOF IV)

◆ Traits

Leads rounds

Co-invests

◆ FAQ

What does DICE Fund of Funds invest in?

DICE Fund of Funds invests in Fintech, Edtech, Enterprise Software, Creator Economy and Consumer Apps at the seed and series-a stages.

Which geographies does DICE Fund of Funds focus on?

DICE Fund of Funds focuses on Nigeria, and is headquartered in Nigeria.

What is DICE Fund of Funds's typical check size?

DICE Fund of Funds typically writes checks of $1M to $50M.