NestLens
Capital Manager (GP)

MAGIC Fund

Nigeria

Overview

MAGIC Fund is an early-stage venture capital firm operating on a founders-backing-founders model, where the fund's own investor base is composed largely of entrepreneurs providing firsthand operating experience to portfolio companies. Over its first 7 years the fund has backed 250+ startups across a globally diversified footprint spanning emerging markets in Africa and Southeast Asia to North America.

Key Facts

Primary focus
Early-stage venture capital
Funds managed
1
Portfolio companies
250
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Last updated July 10, 2026