New Funding Opportunity: Bellatrix Invests $10M in Early-Stage Tech

Namibia-based investment firm Bellatrix Investment Managers has announced the launch of the Ndjaba Seed Fund, a US$10 million venture capital vehicle targeting early-stage startups across Southern Africa. This marks Bellatrix’s first dedicated VC fund and represents a significant step in expanding access to capital for high-potential businesses in the region.

The Ndjaba Seed Fund will invest in approximately 35 to 50 startups over a 10-year period, with a focus on sectors including fintech, agtech, e-health, edtech, clean energy, e-commerce, and enterprise software. According to managing director Jesaya Hano-Oshike, the fund aims to address a critical gap in the Southern African startup ecosystem.

“Southern Africa has a wealth of entrepreneurial talent with the potential to create truly impactful businesses,” said Hano-Oshike. “However, access to early-stage funding remains limited. The Ndjaba Seed Fund is designed to bridge this gap by providing both financial resources and strategic support to help these companies scale.”

Bellatrix Investment Managers was founded in 2020 and has since focused on financing startups and SMEs through various investment vehicles, including debt funding, seed-stage investments, and impact initiatives. This new venture fund underscores the firm’s commitment to supporting innovation and economic growth across Southern Africa.