Chrysalis Capital

Chrysalis Capital is a Lagos-based early-stage venture capital firm focused on seed and Series A investments in Nigerian and West African technology startups, providing institutional capital to founders building scalable digital businesses in Nigeria, which has the largest economy and population in Africa and one of the continent's most vibrant startup ecosystems. The firm invests with initial checks from $500,000 to $3 million across sectors including fintech, commerce, enterprise software, health technology, and media, reflecting the breadth of opportunities available in Nigeria's rapidly digitalizing economy. Chrysalis Capital takes a founder-first approach, working closely with portfolio companies on product development, hiring, and fundraising strategy. Portfolio companies include Termii, the omnichannel communication and customer engagement platform; ThankUCash, the loyalty and rewards platform for African consumers; Helium Health, the healthcare management platform for African hospitals; Bamboo, the Nigerian investment platform allowing retail investors to access global stocks and ETFs; and Sabi, the B2B commerce platform connecting informal businesses with suppliers. Beyond its original investments in Termii, ThankUCash, Helium, Bamboo, and Sabi, the portfolio includes additional Nigerian technology businesses.