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Top 50 Automotive Startup Investors in Africa (July 2026)

The most active venture capital funds and angel investors investing in Africa Automotive startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Africa Automotive startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Factor E
VC Fund
4 Kenya, United States, India Seed, Series A, Convertible Note Energy, Renewable Energy, Agriculture $20k–$10M
Kepple Africa Ventures
VC Fund
3 Nigeria, Kenya, Egypt Seed, Pre-Seed Financial Services, FinTech, Software $300k–$4.5M
Launch Africa
VC Fund
3 Nigeria, South Africa, United States Seed, Pre-Seed Financial Services, FinTech, Information Technology $200k–$4M
Ecosystem Integrity Fund
VC Fund
3 United States, India, Brazil Series A, Series B Energy, Renewable Energy, Software $4M–$45M
TLcom Capital Partners
VC Fund
3 Nigeria, United States, United Kingdom Series A, Seed Software, Mobile, Information Technology $1.9M–$15M
IDF Capital SA
VC Fund
3 South Africa Seed Automotive, Mobile Apps
4DX Ventures
VC Fund
3 Egypt, South Africa, United States Seed, Pre-Seed, Series A FinTech, Financial Services, Logistics $50k–$40M
Kalon Venture Partners
VC Fund
3 South Africa, Luxembourg, United States Seed, Series A Artificial Intelligence, Apps, Internet $570k–$11M
TotalEnergies Ventures
VC Fund
3 United States, France, United Kingdom Series B, Series C Energy, Renewable Energy, Transportation $9.3M–$175M
Ventures Platform
VC Fund
3 Nigeria, United States, Kenya Seed, Pre-Seed Financial Services, FinTech, Internet $100k–$4.4M
AlphaCode Club
VC Fund
2 South Africa, United Kingdom Grant, Seed, Series B Financial Services, FinTech, Finance $26k–$17M
Lateral Frontiers
VC Fund
2 United States, Nigeria, Kenya Seed, Series A, Pre-Seed Financial Services, FinTech, Software $500k–$15M
F6 Ventures
VC Fund
2 Tunisia, France Pre-Seed, Seed E-Commerce, Retail, FinTech $65k–$200k
EchoVC Partners
VC Fund
2 United States, Nigeria, Kenya Seed, Series A, Pre-Seed Information Technology, FinTech, Software $200k–$22M
At One Ventures
VC Fund
2 United States, United Kingdom, Canada Seed, Series A, Series B Energy, Manufacturing, Agriculture $2.9M–$70M
Thelatest.ventures
VC Fund
2 Nigeria, The Netherlands Series A, Series B, Debt Financing FinTech, Financial Services, Finance $23M–$65M
Speedinvest
VC Fund
2 United Kingdom, Germany, Austria Seed, Series A, Pre-Seed Software, FinTech, Financial Services $549k–$33M
Mercy Corps Ventures
VC Fund
2 Kenya, United States, Nigeria Seed, Pre-Seed, Series A Financial Services, FinTech, Agriculture $100k–$35M
Mobility 54
VC Fund
2 Kenya, Nigeria, Côte d'Ivoire Seed, Series A Transportation, Financial Services, Logistics $3M–$24M
U.S. International Development Finance Corp
VC Fund
2 India, Kenya, United States Debt Financing, Post-IPO Debt, Grant Financial Services, Finance, FinTech $328k–$500M
Equator
VC Fund
2 Kenya, United States, United Kingdom Seed, Venture - Series Unknown, Series A Software, Renewable Energy, Agriculture $1.8M–$15M
Global Brain Corporation
VC Fund
2 Japan, United States, United Kingdom Series A, Series B Software, Information Technology, Artificial Intelligence $2.4M–$184M
Acumen
VC Fund
2 United States, India, Kenya Seed, Series A Agriculture, Solar, Health Care $300k–$12M
Agence Française de Développement
VC Fund
2 India, Mali, Egypt Grant, Debt Financing, Seed Banking, Finance, Waste Management $12k–$500M
Beyond Capital Ventures
VC Fund
2 India, Kenya, Ghana Series A, Series B, Venture - Series Unknown E-Commerce, Health Care, Retail $2M–$12M
Orbit Ventures
VC Fund
2 United States, Egypt, United Arab Emirates Seed, Pre-Seed, Series A Artificial Intelligence, Software, FinTech $100k–$12M
UTEC - The University of Tokyo Edge Capital Partners
VC Fund
2 Japan, United States, India Seed, Series A Health Care, Biotechnology, Medical $3.1M–$78M
UNCOVERED FUND
VC Fund
2 Nigeria, Kenya, United States Seed, Series A FinTech, Financial Services, E-Commerce $1.5M–$20M
Left Lane Capital
VC Fund
2 United States, Germany, Canada Series A, Series B, Seed FinTech, Financial Services, Software $2.5M–$100M
Ingressive Capital
VC Fund
2 Nigeria, United States, Egypt Pre-Seed, Seed, Series A Financial Services, FinTech, Information Technology $25k–$15M
Golden Palm Investments
VC Fund
2 Nigeria, Egypt, Kenya Seed, Pre-Seed, Series A Information Technology, FinTech, Payments $125k–$15M
Musha Ventures
VC Fund
2 United States, Nigeria, Kenya Seed, Pre-Seed, Series A Software, Financial Services, FinTech $125k–$10M
E2 Ventures
VC Fund
1 South Africa, The Netherlands Seed Mobile Apps, Automotive, Telecommunications
VestedWorld
VC Fund
1 Nigeria, Kenya, Ghana Seed, Series A, Series B Agriculture, Farming, E-Commerce $1.6M–$20M
Playfair Capital
VC Fund
1 United Kingdom, United States, Germany Seed, Series A, Pre-Seed Software, Artificial Intelligence, E-Commerce $700k–$20M
Frontier Car Group
VC Fund
1 Nigeria Series A Automotive, E-Commerce, E-Commerce Platforms
PanAfrican Investment Co.
VC Fund
1 Kenya, United States Series A, Series B Local, Content, Automotive
New Enterprise Associates
VC Fund
1 United States, India, United Kingdom Series A, Series B, Series C Software, Health Care, Biotechnology $5.3M–$103M
Hoak & Co.
VC Fund
1 Nigeria, United States Seed, Series A Automotive, Auto Insurance, Human Resources
Ambo Ventures
VC Fund
1 Kenya Seed CleanTech, Automotive, Electronics
AngelList
VC Fund
1 United States, India, Canada Seed, Series A, Pre-Seed Software, Artificial Intelligence, FinTech $121k–$23M
Cathexis Ventures
VC Fund
1 United States, India, United Kingdom Seed, Series A, Pre-Seed Software, E-Commerce, Information Technology $125k–$15M
Enza Capital
VC Fund
1 Kenya, Nigeria, South Africa Seed, Series A, Pre-Seed Financial Services, Finance, E-Commerce $100k–$31M
216 Capital
VC Fund
1 Tunisia, France, United States Seed, Pre-Seed, Angel B2B, SaaS, Software $161k–$1.5M
Chandaria Capital
VC Fund
1 Kenya, United States, Nigeria Seed, Series A, Pre-Seed FinTech, E-Commerce, Retail $250k–$37M
Future Africa
VC Fund
1 Nigeria, United States, Kenya Seed, Pre-Seed, Series A Financial Services, FinTech, Information Technology $100k–$20M
V8 Capital Partners
VC Fund
1 Nigeria, Kenya, Ghana Seed, Series A, Pre-Seed Information Technology, FinTech, Software $2M–$20M
MSA Capital
VC Fund
1 China, United States, Egypt Series A, Seed, Series B E-Commerce, Biotechnology, Financial Services $1.4M–$130M
Raba Partnership
VC Fund
1 United States, South Africa, Egypt Seed, Pre-Seed, Series A Financial Services, FinTech, Software
Ethical Toy Program
VC Fund
1 Mali Series A Travel, Automotive, Communities
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Factor E
VC Fund · Fort Collins, Colorado, United States · 4 investments in Africa Automotive startups

Factor E is a finance company that impacts venture builders, dedicated to supporting the people and ideas that will turn the tables in the global battle for sustainable solutions to energy, agriculture, mobility, and waste challenges in emerging and frontier markets. It serves as a conduit between philanthropic and commercial investors throughmarket-driven forces.

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Investment focus

  • Industry: Energy, Renewable Energy, Agriculture
  • Stage:Seed, Series A, Convertible Note
  • Geography: Kenya, United States, India

Investor stats

  • Total investments: 34
  • Round size: Seed $500k–$4.6M; Series A $1.3M–$10M; Convertible Note $20k–$1.1M
  • Lead/follow: 41% lead, 59% follow

Portfolio highlights

  • Ferntech — Take control of your decentralized power system with Odyssey's FernTech software and hardware. Get real-time insights and automate operations with our reliable data collection, system automation, and range of controllers and IoT gateways. Explore the FernTech product suite and see how it works in action. Contact us to learn more.
  • Open Access Energy — South Africa's first multilateral wheeling software platform that automates energy transactions.
  • 60Hertz Energy — Unify asset management with asset monitoring, enhance scheduling, and facile communication. Book a Demo Now!
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Kepple Africa Ventures
VC Fund · Tokyo, Tokyo, Japan · 3 investments in Africa Automotive startups

We back exceptional founders in and from Africa who are addressing deep gaps between the status quo and the ideal.

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, Kenya, Egypt

Investor stats

  • Total investments: 78
  • Round size: Seed $500k–$4.5M; Pre-Seed $300k–$3.4M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Intmax — INTMAX has developed significant innovations in ZK implementation making it a unique Layer2 rollup network that offers low cost, security, tunable privacy, and above all, scalability.
  • TIBU Health — TIBU Health is a disruptive HealthTech logistics company that provides high-quality healthcare services.
  • Onboard — Onboard helps hardware companies transform their text manuals to 3D, intelligent manuals with instant customer support capabilities.
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Launch Africa
VC Fund · Ebène, Plaines Wilhems, Mauritius · 3 investments in Africa Automotive startups

Launch Africa is a leading Pan-African VC fund solving the significant funding gap in the Seed and pre-Series A investment landscape in Africa

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, South Africa, United States

Investor stats

  • Total investments: 178
  • Round size: Seed $200k–$4M; Pre-Seed $200k–$1.8M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $36M in 2022

Portfolio highlights

  • Yamify — Yamify is an AI platform where intelligent agents reliably run mission-critical business workflows in Africa. Founded by Silicon Valley engineers, our platform automates complex operations by integrating humans, systems, and infrastructure reliably, even under connectivity, latency, and compliance challenges. Starting with on-prem deployments,Yamify is evolving into a full AI automation infrastructure for African enterprises.
  • Shopstar — A place for makers and creators to start, manage and grow successful online stores. Our built-in design, payment and shipping methods provide you with an all in one solution. Get started with a free 14-day trial.
  • Kashat — The region's first nano financial service provider, offering small productive loans, and serving as the entry point to financial inclusion for the un- and underbanked population in Egypt.
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Ecosystem Integrity Fund
VC Fund · San Francisco, California, United States · 3 investments in Africa Automotive startups

The Ecosystem Integrity Fund (“EIF”) is a venture capital firm that invests in early-stage companies contributing to environmental sustainability. It seeks to demonstrate that there is no trade-off between having a positive impact and achieving outstanding financial returns. The movement toward environmental sustainability is making incrementalimprovements to the largest industries in the world. Over the next several decades, the economy will be transformed by this movement.Sustainability is fundamentally about making things better: more efficient, more functional, less toxic, less costly. This is the next phase of the Industrial Revolution.

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Investment focus

  • Industry: Energy, Renewable Energy, Software
  • Stage:Series A, Series B
  • Geography: United States, India, Brazil

Investor stats

  • Total investments: 66
  • Round size: Series A $4M–$30M; Series B $5.5M–$45M
  • Lead/follow: 74% lead, 26% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Trashie — Trashie provides a textile recycling service with rewards through its Take Back Bag and TrashieCash program.
  • ZeroAvia — ZeroAvia is producing the world's first practical zero emission aviation powertrain, initially targeting 20-seat airplanes to start replacing dirty jet fuel in regional transport
  • Vammo — Leoparda Electric is a company that manufactures electric motorcycles.
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TLcom Capital Partners
VC Fund · London, England, United Kingdom · 3 investments in Africa Automotive startups

TLcom Capital, is an Africa focused tech VC, with offices in Lagos, Nairobi and London. TLcom had been investing since 1999 in Tech, Media, Mobil and Internet companies across Europe, US and Africa, which is the exclusive focus of its most recent TLcom TIDE Africa funds. TLcom manages total commitments of approximately 300 million USD in thesesectors via a series of dedicated investment vehicles. Our investment strategy is to identify, back and assist world class entrepreneurs and management teams with disruptive technologies and business models, compelling intellectual property and deep market knowledge. We primarily target companies focused on Africa as a prime market, in the following investment themes: Access to Data Service; Financial Services; eCommerce; B2C applications (including but not limited to: health, education, energy, media and entertainment); and Software solutions to corporates and SMEs.

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Investment focus

  • Industry: Software, Mobile, Information Technology
  • Stage:Series A, Seed
  • Geography: Nigeria, United States, United Kingdom

Investor stats

  • Total investments: 68
  • Round size: Seed $1.9M–$8.5M; Series A $3.8M–$15M
  • Lead/follow: 56% lead, 44% follow
  • Last fund: Likely still investing — raised $150M in 2022

Portfolio highlights

  • Autochek — Welcome To Autochek Group's Homepage. Read About The Company's Vision And Mission. Select A Country And Apply For Car Loans
  • HoneyCoin — HoneyCoin is a web3/web2 ecosystem of products built in a way that abstracts complexity and brings all the value of web3 and web2 to the forefront.
  • Ilara Health — Ilara Health helps primary care clinics across Africa deliver better care.
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IDF Capital SA
VC Fund · Johannesburg, NA - South Africa, South Africa · 3 investments in Africa Automotive startups

IDF Capital is an established financier, investing in high growth SMEs/Entrepreneurial businesses. We invest with a gender lens strategy

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Investment focus

  • Industry: Automotive, Mobile Apps
  • Stage:Seed
  • Geography: South Africa

Investor stats

  • Total investments: 4
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Carscan — cARscan is an Augmented Reality app with an embedded visual recognition AI to track the visual condition of every motor vehicle during its life-stage.
  • SweepSouth — Book a home cleaning online from your mobile, tablet or computer. SweepSouth connects you with a cleaner in minutes. Cleaners are experienced, reliable, efficient and insured.
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4DX Ventures
VC Fund · Brooklyn, New York, United States · 3 investments in Africa Automotive startups

4DX Ventures is a Pan-Africa Focused Venture Capital Firm. Our mission is to connect people, ideas, and capital to create a vibrant African community.

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Investment focus

  • Industry: FinTech, Financial Services, Logistics
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Egypt, South Africa, United States

Investor stats

  • Total investments: 87
  • Round size: Seed $1M–$8M; Pre-Seed $50k–$6.5M; Series A $6.6M–$40M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: Likely still investing — raised $60M in 2021

Portfolio highlights

  • Autochek — Welcome To Autochek Group's Homepage. Read About The Company's Vision And Mission. Select A Country And Apply For Car Loans
  • CINETPAY — CinetPay is a mobile money payment hub that federates mobile money payment methods in Africa.
  • Franc — Franc is the easiest way to save & invest. Our app doesn’t require any investment knowledge & our friendly risk quiz helps us understand how much investment risk is right for you. Users can start investing in less than 2 minutes. There is no minimum requirement & no paperwork. It is a seamless digital experience end-to-end. A usersimply chooses a goal, selects an investment strategy, verifies their identity & makes a deposit. Each user is recommended a personalised investment strategy for each investment goal, combining money market & index tracking ETFs. Our helpful calculators assist clients with their budgeting, retirement & targeted savings needs. We also provide free access to our online academy & fun financial literacy quizzes.We know saving is hard & investing can be scary, which is why we create savings groups & challenges so that users can encourage one another. We also run weekly competitions where users can stand a chance to win a cash prize that will boost their investments.
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Kalon Venture Partners
VC Fund · Johannesburg, NA - South Africa, South Africa · 3 investments in Africa Automotive startups

A growing number of South Africans are investing in venture capital companies that operate under Section 12J of the Income Tax Act. Contact us now.

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Investment focus

  • Industry: Artificial Intelligence, Apps, Internet
  • Stage:Seed, Series A
  • Geography: South Africa, Luxembourg, United States

Investor stats

  • Total investments: 19
  • Round size: Seed $570k–$4.6M; Series A $2M–$11M
  • Lead/follow: 63% lead, 37% follow

Portfolio highlights

  • GoMetro — Fleet management simplified with GoMetro. Integrate telematics, gain real-time visibility, and optimize operations with a secure, scalable platform,
  • Sendmarc — Manage your organization's DMARC, SPF, and DKIM with world-class implementation services and support. All in one easy-to-use platform.
  • visionAI — Enhance factory efficiency with visionAI by using existing cameras to uncover inefficiencies and eliminate your production blindspots. Book a demo now!
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TotalEnergies Ventures
VC Fund · La Défense, Ile-de-France, France · 3 investments in Africa Automotive startups

TotalEnergies Ventures is the venture capital arm of Total.As part of Total's commitment to a better energy future, TotalEnergies Ventures is focused on finding, funding and fostering high-potential start-ups which will contribute to creating a low carbon future.Current areas of interest include Renewables, Distributed Energy, NewMobility, Energy Access, Energy Storage, Bio-Plastics, Circular Economy, Carbon Capture and Hydrogen.

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Investment focus

  • Industry: Energy, Renewable Energy, Transportation
  • Stage:Series B, Series C
  • Geography: United States, France, United Kingdom

Investor stats

  • Total investments: 93
  • Round size: Series B $9.3M–$175M; Series C $12M–$65M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • Autogrid — AutoGrid Systems organizes energy data and employs big data analytics to generate real-time predictions that create actionable data.The company’s suite of flexibility management applications allows utilities, electricity retailers, renewable energy project developers and energy service providers to deliver cheap, clean and reliable energy bymanaging networked distributed energy resources (DERs) in real time and at scale. AutoGrid applications utilize petabytes of smart meter, sensor and third-party data, along with powerful data science and high-performance computing algorithms, to monitor, predict, optimize and control the operations of millions of assets connected across global energy networks.Established at Stanford University in 2011, they have assembled a team of world-class software architects, electrical and computer engineers, data scientists and energy experts who apply cutting-edge analytics and in-depth energy data science to solve the world’s most critical energy problems.
  • 45-8 ENERGY — 45-8 ENERGY is exploring eco-friendly helium for uses in many industries.
  • Ampersand — Ampersand catalyzes and power mass-market electric mobility. By supplying the battery swap network and operating system the company makes sustainable mobility rapidly accessible and affordable for developing markets, to improve livelihoods and the environment. With over a million km already covered by e-motorcycles in Africa using our plug-and-playpowertrain and energy network.
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Ventures Platform
VC Fund · Abuja, Federal Capital Territory, Nigeria · 3 investments in Africa Automotive startups

We back founders building the future of Africa. We invest in companies that solve for non-consumption, plug infrastructural gaps and democratise prosperity in Africa, by eliminating the barriers for access and reducing the costs of delivering goods and services.

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Investment focus

  • Industry: Financial Services, FinTech, Internet
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 148
  • Round size: Seed $325k–$4.4M; Pre-Seed $100k–$3M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • Brass — Get started with a modern current account
  • MarketForce — MarketForce connects Africa’s informal retail outlets and consumers directly to suppliers of consumer goods and financial services by digitizing orders, delivery, and payments with the aim of solving the last mile distribution challenge.
  • ThankUCash — ThankUCash is a technology company powering rewards and loyalty for African banks and businesses. ThankUCash helps merchants grow revenue by connecting them to customers within and outside of their locations while retaining acquired customers using a data analytics-powered reward system where customers earn cash rewards for every transaction madeboth offline and online.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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AlphaCode Club
VC Fund · Gauteng, NA - South Africa, South Africa · 2 investments in Africa Automotive startups

We are an African venture capital fund, for world-class African entrepreneurs run by seasoned African investors.

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Grant, Seed, Series B
  • Geography: South Africa, United Kingdom

Investor stats

  • Total investments: 30
  • Round size: Seed $57k–$7.2M; Grant $26k–$114k; Series B $9M–$17M
  • Lead/follow: 63% lead, 37% follow

Portfolio highlights

  • Planet42 — Having your own car has never been easier. Planet42 is a vehicle rental company offering rent-to-buy car service for private clients.
  • AgrigateOne — AgrigateOne is an online platform that enables openness between growers and buyers and gets data about agriculture and marine logistics.
  • Naked Insurance — The new way to cover your stuff: savings & convenience through AI. Naked Insurance offers online insurance for car, home and contents. Get a quote in 90 seconds!
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Lateral Frontiers
VC Fund · New York, New York, United States · 2 investments in Africa Automotive startups

Lateral Capital is a mission driven venture fund investing in early and growth stage opportunities in Africa. We back companies that provide foundational technologies for the continent. We make debt and equity investments technology-enabled businesses that profitably solve significant pain points across financial services, healthcare, education,energy, agriculture, housing, logistics, mobility and more.

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Nigeria, Kenya

Investor stats

  • Total investments: 42
  • Round size: Seed $1M–$12M; Pre-Seed $500k–$3.5M; Series A $558k–$15M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: May invest from a new fund soon — raised $50M in 2020

Portfolio highlights

  • Rhaeos — Rhaeos, the world's first wearable shunt monitor, aims to improve the quality care for patients with hydrocephalus through a novel, thermal biosensor. Developed within Northwestern University with collaboration between Dr. John Rogers, McCormick School of Engineering, Feinberg School of Medicine and Kellogg School of Management, Rhaeosrepresents a unique multidisciplinary translational effort for an important clinical need.
  • Wattnow — Wattnow is a real-time monitoring solution that provides a breakdown of energy spending to identify wasteful trends.
  • Octavia Carbon — Reversing Climate Change | Ending the Fossil Fuel Age | In Kenya.
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F6 Ventures
VC Fund · Tunis, Tunis, Tunisia · 2 investments in Africa Automotive startups

Flat6Labs is the MENA region’s leading seed and early stage venture capital firm, currently running the most renowned startup programs in the region. Annually, Flat6Labs invests in more than 100 innovative and technology-driven startups enabling thousands of passionate entrepreneurs to achieve their daring ambitions and ultimately becoming theirinstitutional co-founders.

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Investment focus

  • Industry: E-Commerce, Retail, FinTech
  • Stage:Pre-Seed, Seed
  • Geography: Tunisia, France

Investor stats

  • Total investments: 42
  • Round size: Seed $65k–$200k; Pre-Seed $65k–$81k
  • Lead/follow: 67% lead, 33% follow
  • Last fund: May invest from a new fund soon — raised $10M in 2019

Portfolio highlights

  • WeMove — WeMove is a fitness marketplace for daily gym passes. They develop innovative solutions that meet your sports issues.
  • Bako Motors SAS — Bako Motors SAS is a motor vehicle manufacturing company that develops solar electric vehicles. manufacturer of electric vehicles with the goal of creating long-term fixes for rural areas' transportation issues with regard to people, cargo, and machinery. The business makes electric cars as well as solutions for clean energy generation andstorage that are infinitely scalable, providing users with inexpensive and environmentally friendly e-mobility.
  • Insight Plus — Insight Plus is a foreign exchange platform that specializes in interconnecting global exchanges into one eco system.
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EchoVC Partners
VC Fund · Lagos, Lagos, Nigeria · 2 investments in Africa Automotive startups

EchoVC Partners is a seed and early-stage venture capital firm focused on financing and cross-pollinating leading technologies, teams, business models, and knowledge across North America, Africa, and SE Asia. The average investment size ranges from $25,000 to several million dollars depending on the stage of opportunity and capital needs of thebusiness.

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Investment focus

  • Industry: Information Technology, FinTech, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Nigeria, Kenya

Investor stats

  • Total investments: 51
  • Round size: Seed $200k–$4M; Pre-Seed $400k–$1.9M; Series A $1.2M–$22M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely still investing — raised $8M in 2023

Portfolio highlights

  • Printivo — Design & print Business Cards, flyers, mugs and other print products online and we will deliver your doorstep. Get instant quotes.
  • S&T Media — AdPump The Best Digital Platform to advertise your products and services
  • Rana Energy — No. 1 Solar Community in Africa
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At One Ventures
VC Fund · San Francisco, California, United States · 2 investments in Africa Automotive startups

At One Ventures finds, funds, and grows teams to catalyze a world where humanity is a net positive to nature.

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Investment focus

  • Industry: Energy, Manufacturing, Agriculture
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 75
  • Round size: Seed $2.9M–$15M; Series A $6.9M–$23M; Series B $17M–$70M
  • Lead/follow: 45% lead, 55% follow

Portfolio highlights

  • Cruz Foam — Cruz Foam offers certified compostable, protective packaging foam and other solutions. Let us help you transition to compostable foam packaging solutions, today.
  • Modern Hydrogen — Modern Electron is a breakthrough energy technology company. Their mission is to provide affordable electricity to anyone, anywhere, anytime.
  • Colossal Biosciences — The science of genetics. The business of discovery.
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Thelatest.ventures
VC Fund · Dubai, Dubai, United Arab Emirates · 2 investments in Africa Automotive startups

thelatest.ventures partners with the leading investment firms across the globe to localise, launch or scale intuitively exceptional growth businesses. To create superior investment and societal impact returns.

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Investment focus

  • Industry: FinTech, Financial Services, Finance
  • Stage:Series A, Series B, Debt Financing
  • Geography: Nigeria, The Netherlands

Investor stats

  • Total investments: 6
  • Round size: Series A $23M–$65M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Moove — Moove is a mobility fintech that provides revenue-based vehicle financing to mobility entrepreneurs, democratizing vehicle ownership across Africa. The company embeds its alternative credit-scoring technology onto ride-hailing, logistics, and last-mile/instant delivery platforms, which allows access to proprietary performance and revenueanalytics of mobility entrepreneurs to underwrite loans.
  • Moove — Moove is a mobility fintech that provides revenue-based vehicle financing to mobility entrepreneurs, democratizing vehicle ownership across Africa.The company embeds its alternative credit-scoring technology onto ride-hailing and e-logistics platforms, which allows access to proprietary performance and revenue analytics of mobility entrepreneurs tounderwrite loans.Moove was founded by Ladi Delano and Jide Odunsi in 2019.
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Speedinvest
VC Fund · Vienna, Wien, Austria · 2 investments in Africa Automotive startups

Speedinvest is a globally active European venture capital firm built on a simple belief: many move more. From six offices across EMEA, our sector-focused investment teams back relentless founders from pre–Seed to Growth with long-term conviction, providing day-one access to our global network of corporate customers, experts, industry leaders, andtop-tier follow-on investors to scale smarter and faster. Building lasting companies like Bitpanda (Austria), Moove (Nigeria), Gigs (U.S.), Tide (UK), ARX Robotics (Germany), Wayflyer (Ireland), GoStudent (Austria), Seqera Labs (Spain), and Cylib (Germany) — together. Big ideas may start with one. But scaling and winning take The Power of More.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Kingdom, Germany, Austria

Investor stats

  • Total investments: 552
  • Round size: Seed $980k–$8M; Pre-Seed $549k–$4.1M; Series A $4M–$33M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: Likely still investing — raised $384M in 2022

Portfolio highlights

  • Bikemap — Bikemap is the crowdsourced cycling map & navigation of the world. With the help of more than 2.3M users in 100 countries, Bikemap helps you find the best cycling route from A to B - every time. Users shared more than 4M cycling routes in all corners of the world - and within the Bikemap Premium subscription, tens of thousands get access tooffline, routing, map features.
  • morgana — Morgana is reshaping the mortgage industry in Latam. With a 5x faster application process, in-depth market knowledge, privileged access to data, and superb team, we are a groundbreaking digital mortgage broker that will shortly be competing with banks.
  • GAMINSIDE — GAMINSIDE revolutionizes your relationship with your customers. As European full service provider, we deliver the complete package with solutions, services and software for gamified loyalty that is tailor-made and unique to your products, brands and customers. Integrate the best ideas from gamification and customer loyalty in your business areato exceed your commercial targets with GAMINSIDE.
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Mercy Corps Ventures
VC Fund · Portland, Oregon, United States · 2 investments in Africa Automotive startups

Mercy Corps Ventures invests in and catalyzes venture-led solutions to increase the resilience of underserved individuals and communities. Founded in 2015 as the impact investing arm of global development agency, Mercy Corps, supports over 57 early-stage ventures to scale and raise over $515 million in follow-on capital. Their portfolio centersaround resilience-building solutions in adaptive agriculture and food systems, inclusive climate fintech, and climate-smart technologies so that those living in frontier markets can withstand disruption and plan for the future. Through capital and support, piloting new approaches, action-oriented insights, and rigorously managing impact, they catalyze the ecosystem toward smarter, more impactful investments.

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Investment focus

  • Industry: Financial Services, FinTech, Agriculture
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Kenya, United States, Nigeria

Investor stats

  • Total investments: 70
  • Round size: Seed $330k–$5.3M; Pre-Seed $100k–$7M; Series A $2.5M–$35M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • Turaco — Turaco develops simplified insurance and credit solutions through mobile technology to solve the healthcare financing needs. Turaco has simplified insurance products and also provides on-demand health loans, allowing customers to get healthcare at affordable monthly premiums.
  • Meridia — De-risk the sourcing, procurement, trading & compliance of commodities under the EUDR.
  • PowerLabs — PowerLabs is an energy and climate technology research and implementation company whose goal is to use intelligent energy to build a world where human output is boundless.
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Mobility 54
VC Fund · 2 investments in Africa Automotive startups

Mobility 54 is a joint venture among Toyota Tsusho Corporation and CFAO.

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Investment focus

  • Industry: Transportation, Financial Services, Logistics
  • Stage:Seed, Series A
  • Geography: Kenya, Nigeria, Côte d'Ivoire

Investor stats

  • Total investments: 17
  • Round size: Seed $3.3M–$13M; Series A $3M–$24M
  • Lead/follow: 47% lead, 53% follow

Portfolio highlights

  • BasiGo — BasiGo is an early-stage e-mobility start-up looking to revolutionize the public transportation sector by providing matatu owners with a cost-effective electric alternative to diesel buses.
  • Tugende — Tugende helps motorcycle taxi drivers own their own motorcycles in eighteen months or less instead of renting indefinitely. Ownership significantly increases income, job security and road safety.
  • OnePort 365 — Oneport 365 is a B2B digital freight forwarding platform offering simplified, all-inclusive, and transparent freight forwarding services driven by technology.
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U.S. International Development Finance Corp
VC Fund · Washington, District of Columbia, United States · 2 investments in Africa Automotive startups

U.S. International Development Finance Corp is America’s development bank.

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Investment focus

  • Industry: Financial Services, Finance, FinTech
  • Stage:Debt Financing, Post-IPO Debt, Grant
  • Geography: India, Kenya, United States

Investor stats

  • Total investments: 126
  • Round size: Grant $328k–$5M; Post-IPO Debt $18M–$500M; Debt Financing $5.5M–$410M
  • Lead/follow: 78% lead, 22% follow
  • Last fund: Likely still investing — raised $300M in 2024

Portfolio highlights

  • Kodak — A global technology company providing industry-leading products and services for commercial print, packaging, publishing, manufacturing and entertainment.
  • Bayport Management — Bayport Management Limited, through its subsidiaries, provides retail financial services in the Republic of Mauritius and internationally.
  • Pela Global — Pela Global Limited is an Australian company focused on critical and precious metals mining, primarily advancing projects in North Macedonia's Tethyan Belt. It specializes in antimony and gold resources, emphasizing sustainable development and global supply chain contributions.
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Equator
VC Fund · Nairobi, Nairobi Area, Kenya · 2 investments in Africa Automotive startups

A venture capital firm investing in tech-enabled, early-stage ventures that are accelerating an equitable climate transition in Sub-Saharan Africa.

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Investment focus

  • Industry: Software, Renewable Energy, Agriculture
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: Kenya, United States, United Kingdom

Investor stats

  • Total investments: 11
  • Round size: Seed $1.8M–$5M; Series A $14M–$15M
  • Lead/follow: 64% lead, 36% follow

Portfolio highlights

  • Leta — Leta Technology is a software development company that creates supply chain and logistics software to enable the efficient and automated movement of goods.
  • Open Access Energy — South Africa's first multilateral wheeling software platform that automates energy transactions.
  • SHYFT Power Solutions — SHYFT builds industrial-grade IoT and integrated software to connect and intelligently manage distributed energy resources (DERs) in markets that struggle with resiliency. SHYFT is pioneering the development of integrated decentralized power systems in emerging markets like Nigeria, leapfrogging over traditional central infrastructure and enablingDERs to scale and support existing but unreliable grids.
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Global Brain Corporation
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Africa Automotive startups

Global Brain Corporation is a venture capital firm that invests in companies from seed or early to pre-IPO startups. Global Brain has invested in 300+ startups from seed/early to pre-IPO startups and achieved 25 IPOs and 61 M&As as a result of providing hands-on support services and resources to its portfolio startups. Global Brain hasmanaged a pure investment fund as well as multiple corporate venture capital funds partnered together with tier 1 public companies of telecom, real estate development, financial service, beverages, agriculture food, logistics, and electronic devices.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Series A, Series B
  • Geography: Japan, United States, United Kingdom

Investor stats

  • Total investments: 588
  • Round size: Series A $2.4M–$99M; Series B $4.3M–$184M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • Cognigy — Automate customer and employee services through Conversational AI implementation across any organization with Cognigy. Book demo or try free now!
  • iCARE — iCARE It is the No. 1 health and labor cloud introduced in Japan, which is selected by small and medium-sized enterprises suffering from lack of manpower and large enterprises expanding their business globally .
  • Mojo Vision — Mojo Vision is a developer of augmented reality products and platforms intended to invent the future of computing. The company has developed a smart contact lens with a built-in display that gives timely information without interrupting the focus and delivers immediate, powerful, and relevant information without the intrusions of today'smobile devices, enabling users to connect with others at a glance, anytime, anywhere handsfree.Mojo Vision was founded in 2015 and headquartered in Saratoga, California.
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Acumen
VC Fund · New York, New York, United States · 2 investments in Africa Automotive startups

Acumen is a nonprofit venture fund that invests in early-stage companies bringing critical services like agriculture, clean energy, education, financial inclusion, healthcare and workforce development to low-income communities in 14 countries across East and West Africa, South Asia, Latin America, and the United States. Since 2001, Acumeninvested $128 million in 128 companies that have transformed the lives of over 308 million low-income people.

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Investment focus

  • Industry: Agriculture, Solar, Health Care
  • Stage:Seed, Series A
  • Geography: United States, India, Kenya

Investor stats

  • Total investments: 178
  • Round size: Seed $300k–$2.5M; Series A $1.6M–$12M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: May invest from a new fund soon — raised $2.8M in 2019

Portfolio highlights

  • Bintix — Bintix averts landfill waste ... one household at a time.
  • EduBridge — EduBridge is an organization started by a group of alumni and professors from IIM Bangalore & Lucknow in 2009. EduBridge works towards transforming the lives of the unemployed youth in the country across urban, semi-urban and rural areas. EduBridge provides them with a commercially relevant training at their doorstep and arm them with thenecessary skill sets and mindset to succeed in their professional careers and thus help transform their lives.
  • Energy Assured Nigeria — Energy Assured is an energy and utility procurement market provider for smaller businesses ranging from independent retailers and local franchisees to affinity group members in any sector. Users and customers benefit from economies of scale, more agile energy purchasing, and consistently lower gas, electricity, and water costs. Their expertsunderstand the pressures that small and medium-sized businesses face: they work to provide clients with exactly what they require so that clients can use energy as an asset to propel their business forward.
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Agence Française de Développement
VC Fund · Paris, Ile-de-France, France · 2 investments in Africa Automotive startups

AFD is France’s inclusive public development bank. We commit financing and technical assistance to projects that genuinely improve everyday life, both in developing and emerging countries and in the French overseas provinces.

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Investment focus

  • Industry: Banking, Finance, Waste Management
  • Stage:Grant, Debt Financing, Seed
  • Geography: India, Mali, Egypt

Investor stats

  • Total investments: 20
  • Round size: Grant $12k–$500M; Debt Financing $54M–$351M
  • Lead/follow: 70% lead, 30% follow

Portfolio highlights

  • Transnet SOC Ltd — As the custodian of ports, rail and pipelines, Transnet’s objective is to ensure a globally competitive freight system that enables sustained growth and diversification of the country’s economy.Transnet is currently transitioning from its Market Demand Strategy, characterised by accelerated capital investment, towards the Transnet 4.0 Strategy,which is focused on repositioning Transnet, and the country’s freight system, for competitiveness within the fast changing, technology- driven context of the 4th industrial revolution. The strategy’s main growth thrusts includes; geographic expansion, product and service innovation and diversification and expansion of the scope of Transnet’s manufacturing business. The key objectives of Transnet’s effort is directed towards increasing the connectivity, density and capacity of the integrated port, rail and pipeline network.Transnet 4.0 Strategy aims to grow Transnet to a R100 billion business by 2020. Organic growth of the current freight transport and handling divisions will account for the bulk of this growth and Transnet will continue to focus on improving operational efficiency and reliability in order to grow its market share. Consequently, capital investment to modernize and expand the port, rail and pipeline network and operations will continue to be a key priority, as will continued development of our people.Significant growth is being targeted from new markets, particularly in integrated logistics, the development of logistics hubs and clusters, natural gas midstream infrastructure, manufactured products and new digital businesses. Transnet will increasingly make use of strategic partnerships to drive these new ventures.Transnet has a critical role to play in furthering South Africa’s strategic and economic objectives and is actively refreshing its brand as it moves into new markets, expands and diversifies its service offering, and redefines its market position.Transnet operates as an integrated freight transport company, formed around a core of six operating divisions that complement each other. These are supported by a number of company-wide specialist units - Transnet Group Capital and Transnet Foundation- which underpin our company.
  • National Bank of Egypt — National Bank of Egypt Home Page
  • Democratic Republic of Congo — DRC is an investment management company that provides portfolio advisory, asset allocation, and wealth management services.
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Beyond Capital Ventures
VC Fund · 2 investments in Africa Automotive startups

Beyond Capital Ventures is a venture capital firm, offering a diversified portfolio of companies in "need-to-have" sectors, led by conscious leaders.

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Investment focus

  • Industry: E-Commerce, Health Care, Retail
  • Stage:Series A, Series B, Venture - Series Unknown
  • Geography: India, Kenya, Ghana

Investor stats

  • Total investments: 16
  • Round size: Series A $2M–$12M
  • Lead/follow: 56% lead, 44% follow

Portfolio highlights

  • Fasal — Fasal offers smart irrigation automation and fertigation automation system, soil moisture & temperature sensors, weather stations for precision irrigation
  • Clinikk — Dedicated Care team of Doctors and Health Assistants, available 24/7.Budget friendly payment plans with comprehensive claim support.Holistic Healthcare coverage for the underserved.
  • Alt Mobility — ALT Mobility is a full-stack EV leasing platform offering mobility as a service (MaaS) for commercial vehicle users.
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Orbit Ventures
VC Fund · Singapore, Central Region, Singapore · 2 investments in Africa Automotive startups, 51 in the past 12 months

Founded in 2010, Orbit is the Emerging Markets VC investing in tech companies that digitize traditional industries and help people raise their living standards all in a more sustainable way. Orbit provides a lifetime program with hands-on support for partnerships, business development, fundraising, growth, and an initial investment package andfollow-on funding. The firm focuses on digitalization across e-commerce, fintech, media, healthcare, education, and logistics sectors.

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Investment focus

  • Industry: Artificial Intelligence, Software, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Egypt, United Arab Emirates

Investor stats

  • Total investments: 174
  • Round size: Seed $100k–$2M; Pre-Seed $100k–$1M; Series A $2.3M–$12M
  • Lead/follow: 84% lead, 16% follow

Portfolio highlights

  • Cypien AI — Cypien AI is an artificial intelligence system that provides personalized experiences by converting simple web pages into an active and modular business platform.
  • Mozart — Mozart developed a conversational AI platform that helps companies recover debt through virtual agents.
  • MyAlice — The modern customer service and social selling platform. Support anytime and sell anywhere with all your messages, orders, and agents in one place.
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UTEC - The University of Tokyo Edge Capital Partners
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Africa Automotive startups

UTEC-The University of Tokyo Edge Capital Partners Co., Ltd.. UTEC is a seed/early stage technology focused venture capital firm associated with The University of Tokyo.

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Investment focus

  • Industry: Health Care, Biotechnology, Medical
  • Stage:Seed, Series A
  • Geography: Japan, United States, India

Investor stats

  • Total investments: 182
  • Round size: Seed $3.1M–$48M; Series A $3.6M–$78M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • Flosfia — FLOSFIA is a spin-off from a research of Kyoto University, specializing in film-formation by mist chemical vapor deposition (CVD). Making use of physical properties of gallium oxide (Ga2O3), FLOSFIA has devoted to development of low-loss power devices.
  • TXP Medical — TXP Medical build a next-generation medical system through acute care.
  • Startbahn — Startbahn develops Startrail, a sustainable and scalable blockchain infrastructure that assures the reliability, authenticity, and traceability of artworks.
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UNCOVERED FUND
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Africa Automotive startups

UNCOVERED FUND is a venture capital firm that leads the creation of industries in Africa and other emerging countries.

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Investment focus

  • Industry: FinTech, Financial Services, E-Commerce
  • Stage:Seed, Series A
  • Geography: Nigeria, Kenya, United States

Investor stats

  • Total investments: 29
  • Round size: Seed $1.5M–$3.7M; Series A $2.2M–$20M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: May invest from a new fund soon — raised $15M in 2021

Portfolio highlights

  • Sylndr — Sylndr is an automotive focused e-commerce marketplace bringing innovation to the used-cars market, where customers can reliably and transparently sell and buy used cars. The company is aiming to build trust in the used-car market by becoming the go-to place for customers seeking to sell and buy their cars, through an extensive range ofhigh-quality used vehicles accessible across a diverse set of financing solutions.
  • Chari — Chari is an e-commerce and fintech app for traditional retailers in French-Speaking Africa allowing them to order any consumer goods they sell and get delivered for free in less than 24 hours. Chari is also a financial services provider for these retailers, offering them microloans
  • Mecho — Mecho is an on-demand auto repair and maintenance platform for individuals and businesses in Africa.
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Left Lane Capital
VC Fund · Brooklyn, New York, United States · 2 investments in Africa Automotive startups

Left Lane Capital is a venture capital and seed-growth equity firm that invests in high-growth internet and consumer technology businesses that are fundamental to the human condition and spirit – where customers maintain a long-term relationship with the product, platform, or service.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Series A, Series B, Seed
  • Geography: United States, Germany, Canada

Investor stats

  • Total investments: 155
  • Round size: Seed $2.5M–$20M; Series A $9M–$46M; Series B $20M–$100M
  • Lead/follow: 61% lead, 39% follow
  • Last fund: Likely still investing — raised $1.4B in 2022

Portfolio highlights

  • Lexroom.ai — Lexroom.ai allows lawyers to complete hours of legal research in seconds.Legal professionals spend up to 50% of their time in repetitive, low value-adding tasks. That’s why we’re building Lexroom.ai, a product that allows lawyers to complete hours of research in seconds, so they can focus on what really matters.Lexroom.ai perfectly integrateswith lawyers' daily workflow and enables them to speed up time-consuming legal research tasks while increasing output quality, so that they can focus more on value-adding activities.Lexroom.ai is building a bridge between advanced artificial intelligence technologies and legal professionals, through a product specifically tailored to their needs.
  • Wayflyer — Wayflyer offers growth financing to eCommerce companies like yours. Sign up, connect your store and analytics, and receive funding offer today.
  • Talkiatry — Exceptional psychiatrists, flexible treatment options, and in-network psychiatric care - learn more about Talkiatry and our approach to mental health care.
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Ingressive Capital
VC Fund · Lagos, Lagos, Nigeria · 2 investments in Africa Automotive startups

Ingressive Capital is a renowned $50M Pan-African Venture Capital Fund that invests in indigenous founders and startups across Africa, with focus on Egypt, Ghana, Kenya, Morocco, and Nigeria. Specializing in early-stage investments, particularly Pre-Seed and Seed stages, it targets technology companies led by top-tier talent driving transformativegrowth in Africa's GDP. The firm's thesis focuses on B2C solutions that cater to the explosive growth within the tech-enabled, decentralized-learning youth demographic, as well as B2B solutions that increase Africa’s value chain ownership from resource extraction to end-product sale. Its goal is to become becoming a highly valuable VC partner on the founders' cap tables, and being at the forefront of supporting and enabling entrepreneurial success across Africa.

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Nigeria, United States, Egypt

Investor stats

  • Total investments: 73
  • Round size: Seed $400k–$3.7M; Pre-Seed $25k–$2.1M; Series A $500k–$15M
  • Lead/follow: 15% lead, 85% follow
  • Last fund: Likely still investing — raised $5M in 2023

Portfolio highlights

  • SehaTech — Welcome to SehaTech, the groundbreaking company revolutionizing the health insurance market with our innovative solutions!
  • REasy — Top up locally, pay suppliers globally, and manage international shipments with REasy. Fast, secure, and designed for African businesses expanding worldwide.
  • Eduflexx AI — EduFlexAI is an AI-driven ed-tech platform that personalizes learning by adapting school curriculums to individual student needs. Using advanced machine learning, real-time analytics, and AI-powered tools, EduFlexAI enhances engagement, improves academic performance, and optimizes teacher efficiency. Our mission is to make quality education morepersonalized, inclusive, and accessible for students worldwide.
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Golden Palm Investments
VC Fund · Accra, Greater Accra, Ghana · 2 investments in Africa Automotive startups

Golden Palm Investments is an investment holding and advisory company.

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Investment focus

  • Industry: Information Technology, FinTech, Payments
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, Egypt, Kenya

Investor stats

  • Total investments: 59
  • Round size: Seed $1.8M–$6M; Pre-Seed $125k–$6.5M; Series A $2M–$15M
  • Lead/follow: 5% lead, 95% follow
  • Last fund: May invest from a new fund soon — last raise in 2014

Portfolio highlights

  • Talstack — Talstack is an all-in-one platform for employee growth and development
  • MAKA — MAKA is a community commerce platform for fashion and beauty, enabling everyone to discover their style, feel represented.
  • Renda — At Renda, we are passionate about revolutionizing the logistics and mobility sectors with cutting-edge technology that enables businesses and operators to seamlessly scale in emerging markets.
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Musha Ventures
VC Fund · New York, New York, United States · 2 investments in Africa Automotive startups

Seed capital for technology startups globally.

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Investment focus

  • Industry: Software, Financial Services, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Nigeria, Kenya

Investor stats

  • Total investments: 156
  • Round size: Seed $125k–$6M; Pre-Seed $300k–$3.2M; Series A $2.5M–$10M
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • HoneyCoin — HoneyCoin is a web3/web2 ecosystem of products built in a way that abstracts complexity and brings all the value of web3 and web2 to the forefront.
  • Zeno — Zeno is a climate conscious motor company that offers eco-friendly motorcycles.
  • Lori Systems — Lori Systems is revolutionizing African logistics through innovative technology solutions. We connect shippers, transporters, and drivers to create efficient, reliable, and transparent supply chains across Africa.
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E2 Ventures
VC Fund · 1 investments in Africa Automotive startups

E2 Ventures is an investment firm.

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Investment focus

  • Industry: Mobile Apps, Automotive, Telecommunications
  • Stage:Seed
  • Geography: South Africa, The Netherlands

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Carscan — cARscan is an Augmented Reality app with an embedded visual recognition AI to track the visual condition of every motor vehicle during its life-stage.
  • Talk360 — Talk360 is an easy-to-use calling app that helps people make affordable international calls to any mobile and landline number. They believe that reliable communication and digital services must be affordable and accessible to everyone, regardless of someone's background. Especially people in emerging countries in Africa, who often need theseservices the most, do not always have the necessary banking possibilities. To bridge this distance, Talk360 will launch the world's first single checkout platform for Africa. This platform will combine all locally available payment methods and currencies across Africa, together with over 1.25 million cash points of sales, and will eventually be available to other companies as well. This means that 500 million Africans will be able to purchase digital services they never had access to before.
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VestedWorld
VC Fund · Chicago, Illinois, United States · 1 investments in Africa Automotive startups

VestedWorld is an early-stage venture capital firm that invests in emerging markets companies that have the potential to generate competitive financial returns while contributing towards the growth and development of the markets in which they are located. The firm supports these businesses through the infusion of capital, active involvement incorporate governance, and by providing direct strategic and operational assistance.

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Investment focus

  • Industry: Agriculture, Farming, E-Commerce
  • Stage:Seed, Series A, Series B
  • Geography: Nigeria, Kenya, Ghana

Investor stats

  • Total investments: 28
  • Round size: Seed $1.6M–$5.9M; Series A $2.5M–$4.4M; Series B $9M–$20M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: May invest from a new fund soon — raised $187k in 2020

Portfolio highlights

  • BFree — BFree focuses its collection processes on sustainably leading customers out of debt by giving them back control over their finances.
  • Points Africa — Points Africa offers financial services specializing in customer loyalty and lifecycle management. It develops revenue-building campaigns and integrates technology for service operations. The company also provides UI/UX design and transaction data management.
  • Jackfruit Finance — Fast, flexible school financing in Kenya. Get working capital, projects, and asset loans designed around school fee cycles and growth needs.
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Playfair Capital
VC Fund · London, England, United Kingdom · 1 investments in Africa Automotive startups

Playfair is a sector agnostic fund focused exclusively on pre-seed investing. Based in London, Playfair invests across the UK and Europe with an intentionally high conviction, low volume approach: making six investments a year out of its third $70m fund and preserving time, capital and resource to help companies post-investment. Our 78% Series Agraduation rate is ~3x industry average. Playfair has backed 100+ companies since 2013, including Thought Machine, Orca AI, Protex AI, StackOne and Nory.

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Investment focus

  • Industry: Software, Artificial Intelligence, E-Commerce
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Kingdom, United States, Germany

Investor stats

  • Total investments: 139
  • Round size: Seed $1M–$7.6M; Pre-Seed $700k–$3.1M; Series A $2.7M–$20M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Wassist — Wassist is a platform for building AI-powered WhatsApp agents that help businesses automate sales, customer support, and marketing directly inside WhatsApp.
  • Astral Systems — Our compact multi-state fusion reactors offer high particle flux and exceptional lifetime performance, unlocking a wide variety of critical medical, industrial, and research applications today.
  • Passionfruit — Join hundreds of the best startups around the world and use Passionfruit to hire freelance marketing specialists on-demand.
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Frontier Car Group
VC Fund · Berlin, Berlin, Germany · 1 investments in Africa Automotive startups

Frontier Car Group is a berlin-based startup who develop, launch, and operate used-automotive marketplaces within emerging market economies, with operations in Nigeria, Mexico, Argentina, Colombia, Chile, Pakistan, and Indonesia. Additionally, we are successfully engaging in two joint ventures with OLX in India and Poland. We increase theefficiency of selling and buying cars through technology, infra-structure creation, access to capital and innovative business models that allows all stakeholders to gain from our impact.

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Investment focus

  • Industry: Automotive, E-Commerce, E-Commerce Platforms
  • Stage:Series A
  • Geography: Nigeria

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Cars45 — Cars45 buys, sells, prices, and rates the condition of pre-owned autos. The Cars45 process begins online, where owners enter their vehicle information for a free quote. They can then schedule an appointment at one of the company’s 13 inspection centers in Nigeria. After a multi-point evaluation including engine, brakes, tires, and a road-test,Cars45 makes an offer. If accepted, the company commits to wire payment to the owner’s bank account within 45 minutes. After pricing and creating a digital service history, Cars45 offers the autos it acquires to a private network of buyers.
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PanAfrican Investment Co.
VC Fund · New York, New York, United States · 1 investments in Africa Automotive startups

PanAfrican Investment is a private investment firm focused on the growth and development of companies in sub-Saharan Africa.

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Investment focus

  • Industry: Local, Content, Automotive
  • Stage:Series A, Series B
  • Geography: Kenya, United States

Investor stats

  • Total investments: 3
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • Savoteur — Travel More, Work Less, Be Curious
  • Mobius Motors — Mobius Motors sells affordable vehicles designed specifically for the needs of developing world consumers. We aim to change millions of lives by providing the appropriate transport to mobilise rural Africa. Our vision is a more connected, more prosperous Africa.
  • Bridge International Academies — Bridge International Academies is an operator of scholastic academy services used to provide education to underprivileged children. Its services provide lessons based on national curricula, develop in-depth teacher training and programs, and use cutting-edge wireless technology that enables underprivileged children to get the right education, freeof cost, for a brighter future.
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New Enterprise Associates
VC Fund · Menlo Park, California, United States · 1 investments in Africa Automotive startups

Foundational partners to ambitious founders at every stage of company-building.

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Investment focus

  • Industry: Software, Health Care, Biotechnology
  • Stage:Series A, Series B, Series C
  • Geography: United States, India, United Kingdom

Investor stats

  • Total investments: 1539
  • Round size: Series A $5.3M–$60M; Series B $10M–$80M; Series C $13M–$103M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — raised $2.8B in 2022

Portfolio highlights

  • Perplexity — Perplexity is a search engine platform that uses artificial intelligence to provide large language models and search engines. The company's platform enables the development of beneficial artificial general intelligence, as well as an open-source environment that is accessible to the public, allowing clients to develop skills and knowledge inartificial intelligence.
  • Allay Therapeutics — SUPPORTING PATIENTS THROUGH EVERY PHASE OF RECUPERATION The first technology designed to deliver weeks of localized pain management
  • Regulus Therapeutics — Regulus Therapeutics Is a biopharmaceutical company leading the discovery of a new class of high-impact medicines based on microRNAs. The discovery of MicroRNA in humans is one of the most exciting scientific breakthroughs in the last decade. MicroRNAs are small RNA molecules, typically 20 to 25 nucleotides in length, that do not encode proteinsbut instead regulate gene expression. It was founded in 2007 and is headquartered in Carlsbad, California.
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Hoak & Co.
VC Fund · Dallas, Texas, United States · 1 investments in Africa Automotive startups

Hoak & Co. is a holding company that seeks to invest its capital in public and private securities as well as with other funds and investment vehicles. The firm's objective is to achieve superior investment returns through long-term capital appreciation created primarily through investments in management buyouts, growth capital, industryconsolidations, recapitalizations, private equity placements, and other public or private equity-related securities.

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Investment focus

  • Industry: Automotive, Auto Insurance, Human Resources
  • Stage:Seed, Series A
  • Geography: Nigeria, United States

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Mecho — Mecho is an on-demand auto repair and maintenance platform for individuals and businesses in Africa.
  • Work Shield — Work Shield provides a workplace misconduct solution to mitigate risk. A technology-driven, human-led platform helps organizations address misconduct incidents
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Ambo Ventures
VC Fund · 1 investments in Africa Automotive startups

Ambo Ventures is a new fund dedicated to launching sustainable ecosystems in Africa.

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Investment focus

  • Industry: CleanTech, Automotive, Electronics
  • Stage:Seed
  • Geography: Kenya

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Roam — The Standard for Electric Mobility in Africa.
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AngelList
VC Fund · San Francisco, California, United States · 1 investments in Africa Automotive startups

Apply privately to 130,000+ remote jobs and startup jobs near you with one application. See salary and equity upfront. Find the latest tech jobs, company overviews, benefits and more at AngelList Talent.

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Investment focus

  • Industry: Software, Artificial Intelligence, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, India, Canada

Investor stats

  • Total investments: 173
  • Round size: Seed $300k–$4M; Pre-Seed $121k–$2M; Series A $2.8M–$23M
  • Lead/follow: 10% lead, 90% follow
  • Last fund: Likely still investing — raised $25M in 2021

Portfolio highlights

  • Datakrew — Datakrew delivers real-time EV battery analytics and AI-powered fleet intelligence. Smarter, safer fleets start here. Explore our solutions.
  • PodcastAI — Podcast like a pro: easily create transcripts, show notes, viral clips and publish your podcast everywhere all in just a few clicks of a button. Powered by AI, built for podcasters.
  • Nova Benefits — We help companies find affordable health insurance and wellness benefits that their employees can trust.
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Cathexis Ventures
VC Fund · Houston, Texas, United States · 1 investments in Africa Automotive startups

Cathexis Ventures is the venture arm of Cathexis Holdings, a single-family office based in Houston Texas. Minimum check size $100k, max $10M for seed stage companies. Typically $250k checks.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, India, United Kingdom

Investor stats

  • Total investments: 59
  • Round size: Seed $1.3M–$12M; Pre-Seed $125k–$1.5M; Series A $3.7M–$15M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • BBy — BBy connects nursing mothers with couples who can't produce or do not produce enough breast milk to feed their child
  • Legistify — Legistify offers AI-powered legal operations software to streamline workflows, manage contracts, track legal cases and improve productivity for enterprise legal teams
  • Terrace
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Enza Capital
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in Africa Automotive startups

Venture investor in high-growth Founders and Teams using technology to solve large and meaningful problems across Africa

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Investment focus

  • Industry: Financial Services, Finance, E-Commerce
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Kenya, Nigeria, South Africa

Investor stats

  • Total investments: 53
  • Round size: Seed $617k–$8M; Pre-Seed $100k–$4M; Series A $3.6M–$31M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Djamo — Djamo is a Provider of financial applications to allow customers to use their cards with zero fees in a wide range of services.
  • Tugende — Tugende helps motorcycle taxi drivers own their own motorcycles in eighteen months or less instead of renting indefinitely. Ownership significantly increases income, job security and road safety.
  • Quro Medical — Quro Medical is an innovative digital health company pioneering premium hospital-at-home services.
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216 Capital
VC Fund · Tunis, Tunis, Tunisia · 1 investments in Africa Automotive startups

Our DNA is rooted in a passionate belief in the potential of Africa, a relentless drive for innovation, and an unwavering commitment to impact. We are not just investors; we are builders of a better future, one investment at a time.

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Investment focus

  • Industry: B2B, SaaS, Software
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Tunisia, France, United States

Investor stats

  • Total investments: 26
  • Round size: Seed $336k–$1.5M; Pre-Seed $161k–$1M
  • Lead/follow: 62% lead, 38% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Eyst Technology — EYST provides a technological solution against insurance fraud. The company is based in Puteaux, France.
  • Addvocate.ai — Addvocate is an AI-powered B2B sales intelligence platform that transforms sales team performance by providing actionable, predictive insights and unified data to improve every stage of the sales cycle. Addvocate addresses common sales inefficiencies—such as poor preparation, missed opportunities, and reactive processes—by delivering AI-drivenrecommendations and proactive guidance tailored to each prospect and every phase of the sales journey. The platform consolidates data from over 30 sources, including CRM systems, sales intelligence tools, call analytics, emails, and customer feedback, into a single interface.
  • Robocare — RoboCare promotes sustainable agriculture by combining spectral technology and artificial intelligence (AI). Precision agricultural services include crop monitoring, stress mitigation, plant requirements control, increased land efficiency, and pesticide optimization.
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Chandaria Capital
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in Africa Automotive startups

KOITOTO merupakan akses login situs toto togel 4D resmi dan link slot gacor terpercaya menyediakan akses super cepat serta permainan terlengkap dengan tingkat kemenangan tinggi setiap hari.

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Investment focus

  • Industry: FinTech, E-Commerce, Retail
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Kenya, United States, Nigeria

Investor stats

  • Total investments: 35
  • Round size: Seed $250k–$6M; Pre-Seed $1M–$3M; Series A $2M–$37M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Savannah Brands — Savannah Brands is a food & beverage company.
  • UTU Technologies — Trust infrastructure for the sharing economy.
  • African Originals — African Originals food and beverage company that offers authentic African craft beverages using traditional reciepies.
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Future Africa
VC Fund · San Francisco, California, United States · 1 investments in Africa Automotive startups

Future Africa is a collective of mission-driven founders and funders building unicorns to solve Africa’s biggest challenges. They are build a future where purpose and prosperity are within everyone’s reach.

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 89
  • Round size: Seed $500k–$4M; Pre-Seed $100k–$3.7M; Series A $7M–$20M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • STEM Cafe — STEMCafe by RVRB is a fun out of school learning centre for kids
  • Juicyway — Juice is a developer of a payment network platform for cross-border business payments for businesses and individuals. It facilitates financial transactions between parties regardless of location to allow enterprises to participate in international trade and the exchange of goods and services.
  • Lori Systems — Lori Systems is revolutionizing African logistics through innovative technology solutions. We connect shippers, transporters, and drivers to create efficient, reliable, and transparent supply chains across Africa.
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V8 Capital Partners
VC Fund · Ebène, Plaines Wilhems, Mauritius · 1 investments in Africa Automotive startups

V8 Capital Partners makes investments in enterprise technology businesses across Africa. African Venture Capital for software automation

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Investment focus

  • Industry: Information Technology, FinTech, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Nigeria, Kenya, Ghana

Investor stats

  • Total investments: 12
  • Round size: Seed $2M–$3M; Series A $10M–$20M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Schoola — Schoola is solving elearning problems by using gamification to drive engagements and to increase performance in K12 schools. This we do by using incentives such as point, ranks, leaderboard to increase the learners interests keeping them engaged doing school work. Schoola is multilingual and content agnostic, therefore supports any curriculum andcan be used by any K12 school giving them the power to offer fun learning, while still having full control of contents. Social experience features (duel & tournaments) on the Schoola learn app have also proven to increase the learners interests. Get app (bit.ly/schoolaLEARN)
  • MarketForce — MarketForce connects Africa’s informal retail outlets and consumers directly to suppliers of consumer goods and financial services by digitizing orders, delivery, and payments with the aim of solving the last mile distribution challenge.
  • ShapShap — ShapShap enhances delivery experience through its commission-based marketplace by assigning efficient orders to drivers to ensure their sustainability and scalability.
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MSA Capital
VC Fund · Beijing, Beijing, China · 1 investments in Africa Automotive startups

MSA Capital is a global venture capital and private equity firm that invests in technology-enabled companies from seed to growth stage. The firm manages capital from the world's top sovereign wealth funds, international asset managers, pension funds, university endowments, fund of funds, and family offices, as well as China's leading neweconomy entrepreneurs.

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Investment focus

  • Industry: E-Commerce, Biotechnology, Financial Services
  • Stage:Series A, Seed, Series B
  • Geography: China, United States, Egypt

Investor stats

  • Total investments: 139
  • Round size: Seed $1.4M–$9M; Series A $3.5M–$33M; Series B $10M–$130M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Sand.ai — Sand AI is an AI company that focuses on producing videos.
  • Flextock — Discover efficient order fulfilment with Flextock. We streamline your inventory, orders, and shipping, ensuring accuracy and cost-effectiveness.
  • Westlake Lingxi — Westlake Lingxi develops brain-computer interface technologies, including neuro-prosthetic systems and neural decoding solutions, to support rehabilitation for people with language and movement disorders.
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Raba Partnership
VC Fund · Cape Town, NA - South Africa, South Africa · 1 investments in Africa Automotive startups

The Raba Partnership, Raba Capital, Raba

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, South Africa, Egypt

Investor stats

  • Total investments: 55
  • Lead/follow: no public data

Portfolio highlights

  • Thndr — Investing in U.S. stocks made easy with thndr global
  • Letly — Letly is building an agentic platform to embed AI into property rental.
  • Stitch — One API integration for enterprise online payments across South Africa. Accept Pay by bank, debit + credit card, cash, manual EFT, debit order and crypto.
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Ethical Toy Program
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 1 investments in Africa Automotive startups

We offer a one-stop ethical sourcing platform for your supply chain via Factory Certification, Social Impact Assessment, Environmental Assessment, and worker well-being initiatives

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Investment focus

  • Industry: Travel, Automotive, Communities
  • Stage:Series A
  • Geography: Mali

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Teliman — Teliman has launched the very first on-demand taxi-moto service in Bamako, connecting urban commuters with professional drivers (trained, equipped and fully insured) in Africa’s fastest growing capital (Bamako). Rather than “disrupting” the local eco-system, Teliman aims at developing innovative solutions to create shared value for a communitywhere public transportation is highly insufficient and 600,000+ passengers struggle every day to commute. Having gained the trust of Toyota Tsusho Corporation (via CFAO) and local investors in pre-seed, Teliman aims to provide a safe, convenient and affordable solution for Mali and West-Africa.
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