O ONYX Apply for funding
APPROACH

How we invest.


Patient capital. Considered conviction. Tranched against milestones, partnership-heavy, hold for the long arc.

FIT 01 / 03

What we look for.


SECTOR FIT

You are building in one of our four pillars — gastronomy, technology, media, or entertainment. Bonus if your business sits at the intersection of two.

STAGE

Seed to Series A. We will look at later rounds for follow-on into existing portfolio companies, but new entries are early-stage.

GEOGRAPHY

Pan-African. Headquarters anywhere on the continent, with a clear thesis on the market(s) you are building for.

FOUNDER

You have already shown you can build. We are not a launching pad — your traction may be early, but it should exist. We index hard on operator quality, taste, and conviction.

CAPITAL

Structured as equity tranches against milestone delivery. We can lead or follow.

HOLD

We hold for the long arc. We do not optimise for short-term exits — our timeframe is the institutional one.

PROCESS 02 / 03

From cold email
to close.

A clear sequence. No surprises, no theatre. Most investments close inside ten weeks from first contact.

01

SUBMIT

You submit through the apply for funding form. We read every submission. You will hear back inside two weeks regardless of outcome.

02

FIRST MEETING

A working session, not a pitch. We discuss the business, the market, the founder's history. We share whether we are interested in continuing.

03

DILIGENCE

Operational, financial, legal. We test the thesis against our four pillars and the institutional case. Light-touch, but rigorous.

04

TERMS

We send a term sheet within five business days of completing diligence. We work in good faith — terms are negotiable, structure is the point.

05

CLOSE

Sign, close, transfer. From close, you have a partner — not a board observer. We work alongside, not above.

AFTER THE CLOSE 03 / 03

What you get.


You get capital. You also get a partner who has built, operated, and exited in your sector. Specifically:

  • Strategic counsel on category positioning, brand architecture, and go-to-market
  • Operator access to our network across hospitality, tech, media, and entertainment
  • Follow-on capital and introductions to our co-investor network for subsequent rounds
  • Brand, creative and media support through The Black Spear Agency and MonoKromatik Network
  • Long arc — we hold, we do not pressure exits, we do not block strategic optionality

Ready to start?

Apply for funding →

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