The Fanbytes founder turned investor wants to back founders who do not fit the usual mould, and he reviews every application himself.
Timothy Armoo knows what it feels like to build something from nothing. He grew up between Ghana and a council estate in South London, started his first business at 14, and went on to co found Fanbytes, an influencer marketing company he scaled to 80 people and later sold to Brainlabs in a multi eight figure deal. Now he is putting his own money behind the next generation of founders.
Armoo has launched the Legon Fund, named after the street he grew up on in Ghana, committing £5 million of his personal capital to AI startups built by minority founders.
Why This Fund Is Different
Armoo’s thinking is simple. AI tools like Claude, ChatGPT, and YouTube have levelled the playing field, everyone has access to the same technology now. What separates the startups that break through from the ones that stall is distribution. That is exactly what the Legon Fund is built to support, AI first companies that already have real traction and need marketing and distribution capital to scale further.
This is not a fund for early stage ideas still searching for product market fit. It is built for founders who have already proven something works and need the resources to get it in front of more people.
Who Should Apply
If you are building an AI first company, already showing signs of traction, and you do not fit the typical founder profile that most investors back, Armoo wants to hear from you directly. He personally reviews every application himself, no layers of associates or gatekeepers in between.
Final Word: This Could Be Your Distribution Breakthrough
Founders who feel overlooked by the usual venture capital pipeline finally have a direct line to someone who has walked a similar path and understands what it takes to break through. If your AI startup has traction and you are ready to scale, this is worth your shot.
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