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First Circle Capital
AddedFeb 16, 2024
UpdatedJun 28, 2026
First Circle Capital

First Circle Capital

Operating

African-focused VC firm seeding the next fintech generation for a more inclusive future.

Location
Casablanca, Casablanca-Settat, MA
Founded
2021
Firm
Compare
Portfolio
Employees

First Circle Capital is a venture capital investment firm focused on seeding the next generation of fintech companies in Africa. The firm primarily invests in pre-seed and seed rounds, supporting founders who are building a more inclusive future through technology. Their investment strategy is centered on early-stage funding, typically engaging in rounds that range from pre-seed to seed stages.

Notable portfolio companies include Lenco, Octamile, Pennee Technologies, Terminal, and Veend, which have collectively raised millions in funding. First Circle Capital is distinguished by its commitment to fostering a global community and prioritizing founders' needs. The firm offers unique value-add services such as mentorship, strategic guidance, and access to an extensive network, enhancing the growth and success of their portfolio companies.

First Circle Capital - Portfolio Snapshot

Portfolio activity breakdown across disclosed investments and stages

Total Investments5
Current Portfolio Count5
Total Portfolio Exits0

Top Investment Stages

Pre-Seed3 (60.0%)
Seed2 (40.0%)

Stage Mix

Pre-Seed 60%Seed 40%

Concentration shown as share of disclosed investments by stage.

Recent Investments

Pennee Technologies logo

Pennee Technologies

Veend logo

Veend

Terminal logo

Terminal

Lenco Technologies logo

Lenco Technologies

Octamile logo

Octamile

First Circle Capital - Classification

Also Known As
  • First Circle Capital LLC
NAICS
  • 520000Finance and Insurance
  • 523000Securities, Commodity Contracts, and Other Financial Investments and Related Activities
  • 523900Other Financial Investment Activities
  • 523990All Other Financial Investment Activities
  • 523999Miscellaneous Financial Investment Activities
SIC
  • 6700Holding And Other Investment Offices
  • 6720Investment Offices
  • 6722Management Investment Offices, Open-end
Show 6 more industry codes
NAICS
  • 525000Funds, Trusts, and Other Financial Vehicles
  • 523910Miscellaneous Intermediation
  • 523940Portfolio Management and Investment Advice
SIC
  • 6000Depository Institutions
  • 6790Miscellaneous Investing
  • 6799Investors, Not Elsewhere Classified