Maya Horgan Famodu is a Nigerian-American entrepreneur, founder and partner at Ingressive Capital, born on March 24, 1991.
She co-founded the High Growth Africa Summit, a two-day conference on how to create a high-growth African firm, as well as the Tech Meets Entertainment Summit, a deal-focused event for African celebrities and technology companies to build revenue-generating relationships.
Maya then co-founded Ingressive for Good, a nonprofit that provides scholarships, technical training, and talent placement for African children, with her colleagues Sean Burrowes and Blessing Abeng.
What is the purpose of Ingressive Capital?
Ingressive capital is a firm that assists enterprises and businesses moving into Africa with market entrance, technological research, and market operations.
Ingressive Capital is a venture capital firm of $10 Million VC Fund I and $50 Million Fund II that invests in African technology firms.
Ingressive Capital invested in some of Africa’s fastest-growing companies, including Paystack (sold to Stripe for more than $200 million); 54gene (Series A led by Adjuvant, an IFC fund); and Tizeti (Series A led by 4DX). 33% of the portfolio was established by women, while 31% are Y Combinator alumni.
Maya Horgan’s Origin
Maya Horgan Famodu was born in Nigeria to a Nigerian father and an American mother. She spent the majority of her childhood in Minnesota, USA. She graduated from Pomona College with a Bachelor of Arts in environmental sciences and from Cornell University with a Prelaw Program.
Horgan Famodu worked at JPMorgan Chase after college before founding Ingressive in 2014 and Ingressive Capital in 2017. She founded Ingressive Capital in response to her friends’ difficulties in obtaining financial support for their businesses.
Ingressive Campus Ambassador (ICA) program is another effort of Ingressive that gives financing, resources, and mentorship to computer science students at tertiary institutions in Nigeria, Kenya, Ghana, South Africa, Rwanda, and Congo.
The program was launched in Ghana in 2018 and has hubs at the University of Port Harcourt, University of Uyo, Kwara State Polytechnic, Ladoke Akintola University of Technology, Babcock University, Rivers State University, Cross River University of Technology, Federal University of Petroleum Resources Effurun, and University of Benin.
She co-founded the High Growth Africa Summit in 2016, a two-day conference focused on how to develop, scale, and fund a high-growth African firm.
Maya Horgan Famodu was named one of Forbes Africa’s 30 Under 30 in the technology category in 2018.
