Fund vehicle

CcHub Growth Capital Fund

Compiled from public sources

Launched in 2015, the CcHub Growth Capital Fund is Nigeria's first social innovation fund. It was created to provide a path to scale for early-stage technology companies building next-generation infrastructure to address social and economic challenges in Nigeria. Unlike traditional venture capital, the fund operates on a cash-plus model, providing not only equity capital but also intensive business advisory, product development support, and access to the Co-creation Hub (CcHUB) network. The fund targets outliers who have moved past the ideation stage and are generating revenue but require institutional structures to expand their impact nationally and across the continent. The CcHUB Growth Capital Fund (GC Fund) targeted ₦1 billion, reaching an initial close of ₦200 million in December 2015 and a final close of ₦280 million in 2016.

Manager

CcHub Growth Capital Limited

Vintage

2015

Strategy

Venture Capital

Target size

$5m

Size

$896,000

Status

Closed