Venture capital · Lagos, Nigeria | New York, NY

Timon Capital

Partner at Timon Capital since 2018, alongside Chris Muscarella — a venture firm backing exceptional founders, with the majority of investments at seed stage in Sub-Saharan Africa and growth-stage participation globally.

We invest in companies that use technology to re-shape markets.

The name is Greek: Timon— “the one influenced by honor,” and also “fairly priced.” The firm is its own biggest investor: patient capital, less drama from external pressures. Often the first institutional check a founder ever takes.

This grew out of fifteen years of angel investing — a filmmaker’s habit of finding the story early, applied to founders and markets. Capital in Africa is scarce, so entrepreneurs must be efficient; the work is helping them make smart choices for their teams and their market.

“Timon Capital is the investment house, but Nikos and Chris are your friends. They represent the epitome of how investors in African companies should be.”

— Angela Essien, founder of Schoolable

SELECTED PORTFOLIO

full portfolio ↗
OmniRetailunified B2B distribution for FMCG across West Africa · $20M Series A co-led by Timon + Norfund, 2025 · profitable
Lori Systemsthe logistics network for Africa — lowering the cost of goods and commerce
mPharmasafe and affordable medicine for all — pharmacy infrastructure across Africa
Zonetechnology-first banking infrastructure for West Africa
Victory Farmsthe fastest-growing aquaculture company in Sub-Saharan Africa
Sokowatchrevamping the supply chain for East Africa's informal retailers
Autochekdigital transparency for the used-car market across the continent
CarePointrolling up and revolutionizing high-quality healthcare in Africa
Decagonthe educational pipeline for emerging tech talent in Nigeria
Krakenglobal growth · one of the largest crypto exchanges
Epic Gamesglobal growth · some of the most engaging games in the market

Cloudline links to the film: in 2023 the portfolio became a documentary subject in Cape Town.

BEYOND THE FUND

Epopteia

A research venture studying the Eleusinian kykeon — the psychedelic sacrament of the ancient Mysteries — with modern methods. First results published in Nature, 2026.

Funder · co-organizer

HoverScope

A drone systems company on two tracks: Reforest AI — UAV reforestation with the Agricultural University of Athens, WWF Greece and Desmos — and KMN Drones.

Active

N-Coded

The production house — a multimedia strategy and production company, founded 2008. Every film on this site passed through it.

Since 2008

Founders in Sub-Saharan Africa: Timon takes pitches.

timoncapital.com ↗