Investment
ADAVEL Fund Founder Applications
ADAVEL Fund
At a glance
- Deadline
- Closes 30 November 2026, 39 days leftThe posting gives a date, not a time. Days left are counted in Lagos time.
- Fee
- No fee to apply
- Who may apply
- a business operating in Lagos, Nigeria
- running a venture, either early-stage with product-market fit or growth-stage with stable cash flow
- Where
- Lagos, Nigeria
Investment, not a gift: you give up a share of your company. A Lagos-based fund taking applications from founders on two tracks, Series A for early-stage founders with product-market fit and Series B for growth-stage businesses with stable cash flow. It invests as equity plus revenue-based financing and takes up to a 25% stake.
The facts
- What you get
- Series A up to N1M in equity (up to 25% stake); Series B from N1M in equity (up to 25% stake); structured as equity plus revenue-based financing, RBF multiple 2x invested amount, 0% interest over a 50-month term
- Where
- Lagos, Nigeria
- How long
- Response within 4 weeks; 50-month support term
- Share of the prize or equity they take
- Up to 25% stake, plus revenue-based financing
Where you stand
This one is free. There is no fee to apply, and nobody should ask you for money at any point.
What they ask for
- a business operating in Lagos, Nigeria
- running a venture, either early-stage with product-market fit or growth-stage with stable cash flow
Get ready to apply
Built only from what this listing states.
A short application, by our reading.
1. What to get ready
An online form; it names no documents. Some forms do not save as you go, so set aside time to do it in one sitting.
In their words: “Application via the ADAVEL portal”
2. Dates
- Closes 30 November 2026, in 39 days.
- On the date, the listing says: 11:59 PM WAT
- Aim to send it by 27 November 2026. Websites slow down near a deadline, and data runs out. Our advice
Download checklist (.txt) Send to WhatsApp
The download is a small text file. You can read it later without data. It also lists each condition they set, so you can tick yourself against them. WhatsApp sends the same list to you, or to somebody helping you.
No CV yet? Make a plain one from your answers. Nothing you type is kept.
Tips for applying for an investment
General advice from us, the same for every investment. It is not what this organisation says; that is above.
- Check what share they take and what they get to decide.
- Show traction: customers, sales, users, growth, even small.
- Say plainly what problem you solve, for whom, and why your team.
If there is an interview or a test
- Practise a two minute pitch and a longer five minute one.
- Expect hard questions about your market and your numbers.
All our tips and messages to copy. Practise answering, with nothing kept. Received an offer? Check whether it is real, then read before you say yes.
How to apply
You apply on ADAVEL Fund's own website, not here. We never send an application for anybody and we never ask you for anything to pass on. Check their page for anything not shown here.
More like this, open now
How we checked this
This was opened and verified at ADAVEL Fund's own website on 18 October 2026: it was real, still open, and open to people from African countries. If anything here is wrong, tell us.