Third Derivative
Investment Thesis
Third Derivative is an impact-focused VC firm investing in early-stage African startups tackling the continent's most pressing challenges. With a portfolio including game-changers like BasiGo and Gricd, they stand out by empowering founders with flexible funding options such as Convertible Notes and a focus on Pre-seed rounds, providing vital support at the nascent stages of growth.
Portfolio Preview
A sample from 4 verified portfolio companies.
Koolboks
Koolboks develops non-electric refrigeration systems and provides affordable cold storage options to companies all throughout Africa.
Octavia Carbon
Octavia Carbon is using Direct Air Carbon Capture to stop climate change and reinvent humanity's relationship with carbon.
BasiGo
BasiGo is a Kenyan early-stage e-mobility start-up creating the future of clean, electric public transit in Africa.
Gricd
Gricd is an Nigerian startup which aims to play a part in bridging the gaps in the healthcare cold chain in Sub-Saharan Africa.
Third Derivative: quick facts
- Which startups has Third Derivative invested in?
- Third Derivative has backed at least 4 African startups, including Koolboks, Octavia Carbon, BasiGo and Gricd.
- What stages does Third Derivative invest in?
- Third Derivative invests at the Pre-seed and Seed stages.
- Which sectors does Third Derivative invest in?
- Its portfolio spans Mobility, Electric Vehicle, EMobility, Transportation, MaaS and Financial Services.
