Startech NG

Startech NG

Startech NG was established by Peter Dempsey after a career spanning PwC and private equity consulting, with the explicit thesis that Nigerian enterprise software founders lacked early-stage partners who understood both local operational risk and global venture metrics. The firm operates from London and Lagos, deploying small, concentrated checks into B2B founders building for the Nigerian market and wider Anglophone West Africa. The firm's strategy centers on pre-seed and seed-stage direct equity investments in fintech, enterprise software, and platform businesses. While Startech NG does not publicly disclose a formal fund structure or AUM, its public portfolio includes YC-backed fintech infrastructure names and vertical SaaS companies serving Nigeria's SME sector. Geographic scope is anchored in Lagos, with portfolio companies often scaling into Ghana and Kenya markets. Deal construction typically follows standard Nigerian venture templates — equity-for-cash in offshore holding structures. Startech NG maintains an intentionally lean profile, with Dempsey as the public-facing investment lead supported by a distributed network of venture partners and advisors across West Africa. The firm has not publicly disclosed any parallel vehicles, philanthropic entities, or club affiliations. Recent years have seen the manager selectively co-investing alongside larger pan-African funds, though no specific deal announcements have been widely reported. The firm's architecture is notable for its cross-border operating model: investment decisions and fundraising originate from London's institutional market, while portfolio support and sourcing are embedded in Lagos. This dual-hub structure is relatively uncommon among sub-$10M Africa-focused micro-VCs and creates a distinct regulatory and operational profile compared to purely domestic managers.