The African Business Angel Network (ABAN) has made a follow-on investment in Legendary Foods, a Ghana-based food technology startup focused on sustainable protein production.

The transaction was executed using ABAN’s cross-border syndication model, pooling capital from angel investors across multiple African countries through a Special Purpose Vehicle (SPV) registered in Rwanda. Financial terms of the deal were not disclosed.

Funding sustainable food tech

Legendary Foods leverages local agricultural resources to produce climate-smart, high-protein food products. The company’s model centers on scaling indigenous food sources to address regional nutrition, food security, and agricultural efficiency challenges.

The follow-on capital will support the startup’s continued commercial scaling and production expansion.

“ABAN’s investment is a bet that the most transformative food companies of the next decade won’t come from a lab; they will come from rediscovering what has already been feeding us,” said Shobhita Soor, Founder and CEO of Legendary Foods. “With their backing, Legendary Foods gets to prove that local, indigenous ingredients can outcompete synthetic alternatives on cost, nutrition, and culture, at real commercial scale.”

Cross-border angel capital

The deal underscores ABAN’s ongoing effort to build an internal infrastructure for intra-African angel syndication. By utilizing a central SPV structure in Rwanda, the network enables investors from various African jurisdictions to co-invest in early-stage startups without requiring external offshore holdings.

“This investment demonstrates that cross-border angel syndication in Africa is not only possible, but scalable,” said Fadilah Tchoumba, CEO of ABAN. “We are building a future where African capital can move efficiently across borders to support the continent’s most promising founders.”