Venture capital firm
Lava VC
LAVA is an operator-led venture capital firm investing in early-stage technology and decentralised finance (DeFi) startups across the African continent. Founded in 2024 by Yoseph Ayele, the firm leverages its partners' background as builders and operators to provide hands-on support in contrast to traditional fund management styles. LAVA’s investment strategy focuses on backing web3, artificial intelligence, and financial infrastructure builders across three interlocking pillars: Trust Infrastructure, Simple Finance, and AI as a leverage layer. The general partner utilises its global network and operator-first approach to cultivate an ecosystem of interoperable financial applications, offering technical mentorship, global LP access, and founder residencies through its bi-annual magma program.
Investment focus
- Sectors
- Financial servicesTechnology
- Stages and strategies
- Pre-seedSeedSeries A
- Instruments
- Equity
- Regions
- Pan-African
Funds managed
Selected portfolio and direct investments
- Paycrest, Inc.
Recent investments and transactions
| Date | Transaction | Type | Value | Market |
|---|---|---|---|---|
| 14 Jan 2026 | HashedEM, StarkWare Ltd, LAVA, Microtraction, and Sunny Side Venture Partners' Investment in PayCrest's Operations in Africa for USD 404k | Venture Capital | $404,000 | Nigeria |
Sources
- Partner Researchers, accessed 14 November 2026