250+ investors that invest in your industry and stage
Get 250+ investors tailored to your startup
  • Invest in your industry and stage
  • Emails & contact info included
  • Excel and CSV export
  • Automatically
Trusted by 3,000+ startups

Top 50 B2B VC (Venture Capital) Funds in Africa in September 2025

A list of 50 VC (Venture Capital) funds that invest in B2b startups based in Africa. We rank investors based on the number of investments they made in B2b companies from Africa. We update this investor list every month.

Top 50 B2B VC (Venture Capital) Funds in Africa in September 2025

Investor B2B Africa investments
54 Collective 5
Future Africa 4
Janngo 4
Loyal VC 4
Reflect Ventures 3
DOB Equity 3
Launch Africa 3
Consonance Investment Managers 3
Harambeans 3
Unpopular Ventures 3
Orange Ventures 3
CRE Venture Capital 3
LoftyInc Capital 3
Chandaria Capital 3
Musha Ventures 3
Kepple Africa Ventures 2
FirstCheck Africa 2
Oui Capital 2
Ardent Capital 2
Alumni Ventures 2
Waarde Capital 2
Enza Capital 2
FirstCheck Africa 2
Logos Ventures 2
Goodwell Investments 2
VestedWorld 2
Ventures Platform 2
Haskè Ventures 2
216 Capital 2
Voltron Capital 2
Foundamental 1
Jua Fund 1
Uma Ventures 1
Raba Partnership 1
Jozi Angels 1
Nosara Capital 1
First circle capital 1
Norfund 1
LocalGlobe 1
Digital Africa Ventures 1
Jigsaw VC 1
CDG Invest 1
GMC coLABS 1
Lynett Capital 1
DNA Capital 1
The A to Z Impact Foundation 1
Atlantica Ventures 1
Village Global 1
Proparco 1
Renew Capital 1
Find investors that fund startups like yours. Automatically.
Our algorithm will find investors that invest in your industry, stage, and geography.
Investor list
54 Collective VC Fund · Johannesburg, NA - South Africa, South Africa · 5 investments in the past 12 months
Building and scaling African tech startups with catalytic capital, value-add support and our global network.
Show more
Investment focus
  • Health Care, Information Technology, FinTech
  • Seed, Pre-Seed, Funding Round
  • Kenya, Nigeria, South Africa
Portfolio highlights
  • Billboxx — Empowering SMEs to pay and get paid on time, every time.
  • Yeah — Yeah is a financial technology company that offers payment processing services while building a credit profile for the banked and unbanked.
  • Konnect — Konnect provides a cross borders payment solution intended to simplify complex financial flows allowing companies of any scale and size to send and receive payments in a practical, secure, and low-cost way.
Future Africa VC Fund · San Francisco, California, United States
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.
Show more
Investment focus
  • Financial Services, FinTech, Information Technology
  • Seed, Pre-Seed, Series A
  • Nigeria, United States, Kenya
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.
  • 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.
  • Filmmakers Mart — Find and book film locations, equipment, and services across Africa. Filmmakers Mart simplifies production logistics from start to finish.
Janngo VC Fund · Abidjan, Lagunes, Côte d'Ivoire · 5 investments in the past 12 months
Janngo supports entrepreneurs who leverage technology to massify three impacts on the continent: 1/ Essential services & products for African consumers, 2/ Growth acceleration of African SMEs, and 3/ Job creation, in particular for women & youth
Show more
Investment focus
  • E-Commerce, B2B, Logistics
  • Seed, Pre-Seed, Series A
  • United States, Nigeria, France
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.
  • Capi Money — We help businesses in Africa pay their international suppliers by providing reliable, fast and affordable sources of EUR, USD, GBP or CNY.
  • Thunder Code — Transform your QA process with Thunder Code's AI-powered test automation platform. Create, manage, and run automated tests without coding - perfect for QA teams seeking efficiency, reliability, and seamless integration.
Loyal VC VC Fund · Toronto, Ontario, Canada · 4 investments in the past 12 months
Loyal runs a global venture fund with quarterly redemptions and a proprietary gate-stage process, reducing investment bias and unlocking greater returns. Partnered with INSEAD, Founder Institute, and 500+ advisors, we are Loyal to the world with 250+ investments in 50+ countries.
Show more
Investment focus
  • Artificial Intelligence, Software, E-Commerce
  • Pre-Seed, Seed, Funding Round
  • United States, Canada, United Kingdom
Portfolio highlights
  • WASTETIDE — We cut the costs and carbon footprint of waste.
  • Bagel AI — Bagel AI is a product intelligence platform that automates product management, helping product teams turn data into insights, streamline GTM, and drive growth
  • Aisel Health — Aisel Health provides AI that imitates psychiatrists for psychiatric clinics and hospitals to ensure efficient patient access to care.
Reflect Ventures VC Fund · Menlo Park, California, United States
Reflect Ventures makes venture capital investments in high-potential startups at the seed and series A/B+ stages. We identify extraordinary founders, companies and opportunities around the world, including in emerging and frontier markets. Our LPs comprise family offices, institutional investors and HNWIs on six continents, along withrecognized sector experts who are instrumental to our portfolio companies' future growth.
Show more
Investment focus
  • Logistics, Information Technology, E-Commerce
  • Seed, Series A, Pre-Seed
  • Pakistan, United States, Peru
Portfolio highlights
  • TAPPI — TAPPI is the leading association for the worldwide pulp, paper, packaging, and converting industries and publisher of Paper360º.
  • goFlux — GoFlux is a SAAS platform that allows companies to connect to service providers such as carriers and logistics operators. The company gives transparency to the quotation process and hiring of transport. through a Cloud platform, shippers can manage the entire hiring process of a carrier.The company was founded in 2015 and headquartered in SaoPaulo, Brazil.
  • Maad — Maad is Francophone Africa's fastest-growing B2B marketplace, based in Dakar, Senegal. Our tech-driven solution allows retailers to order products from our one-stop shop and benefit from working capital loans
DOB Equity VC Fund · Veessen, Gelderland, The Netherlands · 2 investments in the past 12 months
DOB Equity is a private equity firm specializing in growth capital and buy-and-build strategies in small and medium companies.
Show more
Investment focus
  • Food and Beverage, Health Care, Farming
  • Private Equity, Funding Round, Seed
  • Kenya, Rwanda, Uganda
Portfolio highlights
  • FarmWorks — FarmWorks is an agricultural technology company that gives farmers access to farm inputs as well as a market for the produce .FarmWork is to unlock agricultural potential by building clusters of mid-sized farms while working with thousands of small-holder farmers and establishing direct linkage to local and global markets.
  • Ilara Health — Ilara Health helps primary care clinics across Africa deliver better care.
  • Spouts of Water — SPOUTS mission is to manufacture and distribute ceramic water filters to provide everyone in Uganda with safe water.
Launch Africa VC Fund · Ebène, Plaines Wilhems, Mauritius · 6 investments in the past 12 months
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
Show more
Investment focus
  • Financial Services, FinTech, Information Technology
  • Seed, Funding Round, Pre-Seed
  • Nigeria, South Africa, Kenya
Portfolio highlights
  • PayTic — PayTic enables payments issuers to manage their card programs by providing dedicated back-office solutions that streamline the end-to-end operations in customer support, chargebacks, fraud, AML, reporting, and reconciliation. Our proprietary solutions are unique in automating and centralizing the program management processes, regardless of thenumber of processors and the payment networks involved in the payments products. We impact payments providers by eliminating the defragmented and manual processes and replacing them with a SaaS platform that increases proactivity, mitigates risks, and delivers value. It reduces the burn rate to near 0 in operational costs and offers an unprecedented competitive advantage. PayTic is introducing the Zero Ops model in managing payments.
  • Affinity — Join over 70,000 who trust the Affinity mobile app to manage your personal banking needs and qualify for an Affinity Instant Loan
  • Liquify Digital — Liquify is an invoice marketplace that transforms invoices from SMEs in emerging markets into an investable asset class for financiers seeking reliable yield
Consonance Investment Managers VC Fund · Lagos, Lagos, Nigeria
We are an investment company focused on helping early and growth-stage entrepreneurs build successful companies in Africa.
Show more
Investment focus
  • Software, Information Technology, FinTech
  • Seed, Series A, Pre-Seed
  • Nigeria, United States, Kenya
Portfolio highlights
  • Releaf Earth — We are industrializing food processing in Africa. We've led 1000+ smallholder farmers to provide food factories with >7.5 million kilograms of quality crops.
  • Tripesa — Tripesa offers payment solutions for Africa's travel and tourism industry.
  • Plural — Plural is a company that provides public policy tools to help teams save time and discover opportunities in workflows.
Harambeans VC Fund
Harambeans are African innovators who have pledged to “work together as one” to build Africa’s future. Over the last decade, Harambeans has spawned a series of tech-enabled ventures such as Andela, Flutterwave, and Yoco, which have collectively generated over 3000 jobs, and raised over $700m from Google Ventures, CRE Ventures and Accel.
Show more
Investment focus
  • Supply Chain Management, Transportation, Information Technology
  • Seed, Funding Round, Angel
  • Nigeria, Kenya, South Africa
Portfolio highlights
  • Releaf Earth — We are industrializing food processing in Africa. We've led 1000+ smallholder farmers to provide food factories with >7.5 million kilograms of quality crops.
  • 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.
  • 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.
Unpopular Ventures VC Fund · San Francisco, California, United States · 20 investments in the past 12 months
The best companies, off the beaten path.
Show more
Investment focus
  • Software, FinTech, Financial Services
  • Seed, Pre-Seed, Series A
  • United States, India, Mexico
Portfolio highlights
  • Toma — Toma automates customer communications and operational tasks, helping dealerships boost revenue and enhance customer experiences with a conversational AI.
  • Rocketable — Rocketable is a software holding company that acquires existing software products and operates them using AI agents.
  • NORDA Dynamics — NORDA Dynamics is an autonomous UAV piloting system for carrying out missions in areas with limited connectivity.
Orange Ventures VC Fund · Paris, Ile-de-France, France · 3 investments in the past 12 months
Orange Ventures is a venture fund investing in areas of Orange expertise and beyond, with financial objectives in line with VC industry standards. With 350m€ assets under management, Orange Ventures is in the top 10 corporate ventures in Europe with an investment strategy focused on helping future global tech champions, fostering innovation in theMiddle East and Africa, and supporting new sustainable and responsible business models.
Show more
Investment focus
  • Software, FinTech, Information Technology
  • Seed, Series B, Series C
  • France, United States, United Kingdom
Portfolio highlights
  • Pretto — Pretto is the only truly transparent online real estate price comparator.Pretto accompanies you until the signing of your loan, free of charge and without commitment.
  • Socium — Socium Job these are companies that recruit and offer real career opportunities to all those who share their values ​​and wish to invest in their development.
  • ToumAI Analytics — ToumAI Analytics is a software development company providing voice analytics, real-time analytics, and reporting services.
CRE Venture Capital VC Fund · New York, New York, United States
Founded in 2015, CRE Venture Capital invests in early stage tech companies that are levered to Africa. CRE is headquartered in the New York metro area, with a regional office in Lagos, Nigeria.
Show more
Investment focus
  • Financial Services, FinTech, E-Commerce
  • Seed, Series A, Pre-Seed
  • South Africa, Nigeria, United States
Portfolio highlights
  • Sukhiba — Sukhiba is a decentralized community-based commerce platform.
  • 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.
  • Cutstruct — Cutstruct is your one source for bulk construction materials purchase. Get the best prices for cement, steel, granite, sharp sand wood, and more.
LoftyInc Capital VC Fund · Carmel, California, United States
LoftyInc Capital Management empowers Afropreneurs to build a prosperous and equitable future in Africa. We deliver value to both founders and investors.........
Show more
Investment focus
  • FinTech, Financial Services, Software
  • Seed, Pre-Seed, Series A
  • Nigeria, United States, Egypt
Portfolio highlights
  • Mtor — Mtor is an online marketplace that is reshaping the automotive aftermarket and provides sophisticated technology solutions.
  • EMTECH — EMTECH provides solutions for Digital Currency regulatory compliance, development and management to help Central Banks and FinTechs build, run and manage modern financial systems.
  • Salus Cloud — Salus Cloud is an AI-native platform for engineers to develop and manage security.
Chandaria Capital VC Fund · Nairobi, Nairobi Area, Kenya
Chandaria Capital operates as a venture capital Fund. We believe that innovative ideas will transform Africa. We invest, mentor, and work together with incredible entrepreneurs to create impactful companies that can change the continent.
Show more
Investment focus
  • E-Commerce, Retail, FinTech
  • Seed, Series A, Pre-Seed
  • Kenya, United States, Nigeria
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.
  • UTU Technologies — Trust infrastructure for the sharing economy.
  • Dastgyr Technologies — Simplifying Global Trade
Musha Ventures VC Fund · New York, New York, United States
Seed capital for technology startups globally.
Show more
Investment focus
  • Financial Services, Software, FinTech
  • Seed, Pre-Seed, Series A
  • United States, Nigeria, Kenya
Portfolio highlights
  • Regfyl — Powered by AI, Regfyl is the all-in-one fraud and compliance platform for financial institutions and fintechs. Regfyl allows these businesses to reduce costs and focus on higher value activities.
  • Sukhiba — Sukhiba is a decentralized community-based commerce platform.
  • Orca Fraud — Orca empowers fraud fighters with effective tools to combat fraud
Kepple Africa Ventures VC Fund · Tokyo, Tokyo, Japan
Kepple Africa Ventures is an early-stage venture capital firm.
Show more
Investment focus
  • Financial Services, FinTech, Information Technology
  • Seed, Pre-Seed, Funding Round
  • Nigeria, Kenya, Egypt
Portfolio highlights
  • 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
  • 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.
  • Carry1st — Carry1st develops and publishes enriching mobile games and content apps for African consumers.
FirstCheck Africa VC Fund · Lagos, Lagos, Nigeria
FirstCheck Africa is an early believer for a generation of African women in tech. We invest early, with high conviction, in high-growth female-led startups with category-leadership potential.
Show more
Investment focus
  • Consumer, Financial Services, Payments
  • Pre-Seed, Seed
  • Kenya, Nigeria, United States
Portfolio highlights
  • Jumba — Jumba is a construction technology platform that streamlines B2B construction material purchase and financing.
  • Uncover — Experience nourishing and rejuvenating Uncover Skincare products in Kenya. Made just for you, using the finest ingredients to offer innovative & effective solutions.
  • Cleva — For anyone with global financial needs, A US-based dollar account in your name to receive, hold, and save USD.
Oui Capital VC Fund · Belmont, Massachusetts, United States
Oui Capital is an Africa-focused VC firm backing tech-enabled businesses at the pre-seed & seed stage.
Show more
Investment focus
  • Transportation, Information Technology, B2B
  • Pre-Seed, Seed, Funding Round
  • Kenya, Nigeria, United States
Portfolio highlights
  • Duplo — We enable businesses across Africa to simplify their payment flows.
  • Cauridor — Cauridor is a Financial Services company.
  • Maad — Maad is Francophone Africa's fastest-growing B2B marketplace, based in Dakar, Senegal. Our tech-driven solution allows retailers to order products from our one-stop shop and benefit from working capital loans
Ardent Capital VC Fund · Bangkok, Krung Thep, Thailand
Leading Venture Capital & Builder in Southeast Asia | Experts in E-Commerce, B2B, B2C, Fulfilment Startups | Seed, Series A Funding
Show more
Investment focus
  • E-Commerce, Internet, Software
  • Seed, Pre-Seed, Series A
  • Nigeria, Indonesia, Thailand
Portfolio highlights
  • Laborhack — LaborHack offers a select network of tested and certified carpenters, plumbers, electricians, masons, welders, and other tradespeople. It provides cleaning, plumbing, electrical, and HVAC services.
  • Trade Lenda — Trade Lenda: Access to Loans, Investments, Utility Payments, Credit Access, Insurance, and More! Unlock Opportunities to Earn, Invest, and Grow. Secure Personal or Business Loans Toda
  • Feather Africa — Feather Africa provides money transaction services, such as enabling users to send and receive money from anyone using the application. It offers withdrawals of cash without ATM cards by sending money to the nearest cash vendors.
Alumni Ventures VC Fund · Manchester, New Hampshire, United States · 80 investments in the past 12 months
Alumni Ventures Group provides high-quality, diversified venture portfolios to individual investors who previously haven't had access to VC.It helps accredited alums from top entrepreneurial schools invest together in the ventures of fellow alums. The firm backs companies with an alumni connection and an institutional lead investor withexpertise in the space. AVG also offers focused funds that allow any accredited investor access to a venture portfolio, diversified by type, sector, stage, and geography.Beth Obermiller, Michael Madden, and Mike Collins co-founded the firm in Manchester, New Hampshire in 2013.
Show more
Investment focus
  • Software, Information Technology, Artificial Intelligence
  • Seed, Series A, Series B
  • United States, Canada, United Kingdom
Portfolio highlights
  • Kognitos — Kognitos is in stealth mode.
  • CRED — Compare millions of commercial data points and uncover unique and personalised opportunities for your brand.
  • Spekter Games — Spekter Games offers well-tested free-to-play Web2 mobile games that have been improved with a skillfully designed Web3 incentive layer, as well as chat-based super apps.
Waarde Capital VC Fund · Moscow, Moscow City, Russian Federation
Waarde Capital is an investment company founded by entrepreneurs for entrepreneurs. As such, they are well positioned to identify and support best companies with strong entrepreneurs.With three active funds under management, including LBO, growth equity, and venture fund, it invests practically on every stage of the business lifecycle, and do itglobally. Waarde invests in Europe, US, Israel, Russia, and Southeast Asia.Waarde Capital brings funding and assists in the strategic development of portfolio companies and, if necessary, offers debt financing that may significantly increase the value of the co-owned equity.Waarde Capital invests in Russia, Europe and the USA.Waarde Capital’s management team brings about 150 years of accumulated business experience of it's partners in Russia and other countries. Managing partners are skilled entrepreneurs who became professional investors.
Show more
Investment focus
  • B2B, Manufacturing, Information Technology
  • Convertible Note, Funding Round, Series B
  • Israel, Nigeria, France
Portfolio highlights
  • Gauzy — Smart glass technology developed by Gauzy allows glass to change from transparent to varying degrees of opaque on demand.
  • MAX — Make mobility accessible, safe, reliable, and sustainable for 1 billion Africans
  • Sabi Am — Sabi is Africa's largest B2B company, & we are digitising informal trade via our platform. We access markets hard to reach and ensure ease of distribution, & are the No 1 FCMG supplier in Africa.
Enza Capital VC Fund · Nairobi, Nairobi Area, Kenya · 2 investments in the past 12 months
Venture investor in high-growth Founders and Teams using technology to solve large and meaningful problems across Africa
Show more
Investment focus
  • Financial Services, Finance, E-Commerce
  • Seed, Funding Round, Series A
  • Kenya, Nigeria, South Africa
Portfolio highlights
  • MNZL — MNZL is on a mission to expand access to capital for Egyptians.Every person who owns an asset has accumulated wealth in it. When they want liquidity for their projects and needs, they should be able to tap into it as easily as withdrawing from a bank.With an innovative digital platform and products, we are working on making digital access tocapital a reality, and building the future of asset-backed financing in Africa.
  • Hub2.Io — Welcome to HUB2, the leading FINTECH startup in interoperability and payment infrastructure in Francophone Africa. We are proud to work with all financial industry players in Africa who need stable and high-performing infrastructure, and contribute to their success.
  • Affinity — Join over 70,000 who trust the Affinity mobile app to manage your personal banking needs and qualify for an Affinity Instant Loan
FirstCheck Africa VC Fund · Lagos, Lagos, Nigeria
FirstCheck Africa is an early believer for a generation of African women in tech. We invest early, with high conviction, in high-growth female-led startups with category-leadership potential.
Show more
Investment focus
  • Consumer, Financial Services, Payments
  • Pre-Seed, Seed
  • Kenya, Nigeria, United States
Portfolio highlights
  • Jumba — Jumba is a construction technology platform that streamlines B2B construction material purchase and financing.
  • Uncover — Experience nourishing and rejuvenating Uncover Skincare products in Kenya. Made just for you, using the finest ingredients to offer innovative & effective solutions.
  • Cleva — For anyone with global financial needs, A US-based dollar account in your name to receive, hold, and save USD.
Logos Ventures VC Fund
Logos Ventures is a venture capital investment firm.
Show more
Investment focus
  • B2B, FinTech, Logistics
  • Seed, Pre-Seed
  • Kenya, United States
Portfolio highlights
  • ImaliPay — ImaliPay is a financial health platform offering financial products to freelancers and blue collar gig workers in partnership with gig platforms.
  • Zeraki — Zeraki is to use technology to address some of the obstacles learners encounter in accessing quality education. We use technology to enhance the quality of education students get at each level of education and use technology to help students transition from one level of education to the next, and ultimately from education into employment.
  • Jumba — Jumba is a construction technology platform that streamlines B2B construction material purchase and financing.
Goodwell Investments VC Fund · Amsterdam, Noord-Holland, The Netherlands · 3 investments in the past 12 months
Goodwell Investments is a pioneering investment firm focused on financial inclusion, fintech and inclusive growth in sectors providing
Show more
Investment focus
  • FinTech, Financial Services, Banking
  • Series A, Series B, Funding Round
  • Nigeria, South Africa, Kenya
Portfolio highlights
  • OmniRetail — Get visibility of complete value chain and optimize processes end to end with our network of networks platform.
  • Hinckley Recycling — Hinckley Recycling is dedicated to the responsibility of being a good steward of the environment and will in all circumstances aspire to constantly emphasize awareness of the natural environment, whilst maintaining a level of proficiency which demonstrates bona fide leadership in all spheres of the environment.
  • Agent Banking Company — Agent Banking Company provides digital technology solutions that enable access to banking services through bank-approved agents.
VestedWorld VC Fund · Chicago, Illinois, United States
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.
Show more
Investment focus
  • Agriculture, Financial Services, E-Commerce
  • Seed, Series A, Series B
  • Nigeria, Kenya, Ghana
Portfolio highlights
  • EMTECH — EMTECH provides solutions for Digital Currency regulatory compliance, development and management to help Central Banks and FinTechs build, run and manage modern financial systems.
  • Complete Farmer — We are providing cutting-edge technological farming protocols and innovations with a unique business model and logistics that are revolutionizing...
  • Jackfruit Finance — Jackfruit Finance provides money, technology, and rewards to enable low-cost African schools to expand access to education.
Ventures Platform VC Fund · Abuja, Federal Capital Territory, Nigeria · 2 investments in the past 12 months
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.
Show more
Investment focus
  • Financial Services, FinTech, Internet
  • Seed, Pre-Seed, Funding Round
  • Nigeria, United States, Kenya
Portfolio highlights
  • Raenest — Access Virtual Accounts, Invoicing, Multi-Currency Payouts, Auto Payroll, Accounting Integrations, and Virtual & Physical cards within minutes.
  • Maad — Maad is Francophone Africa's fastest-growing B2B marketplace, based in Dakar, Senegal. Our tech-driven solution allows retailers to order products from our one-stop shop and benefit from working capital loans
  • 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.
Haskè Ventures VC Fund · Dakar, Dakar, Senegal
Haskè Ventures is a venture builder based in Dakar and focused on transforming the startup landscape.
Show more
Investment focus
  • B2B, Retail, Banking
  • Seed, Pre-Seed
  • Senegal
Portfolio highlights
  • Kwely — Kwely is a dynamic and fast-growing startup. We are always looking for passionate, dynamic, fun and hard-working individuals to join our team.
  • ProXalys INC — ProXalys is an african digital bank or neobank for the financial inclusion and empowerment of african women (entrepreneurs and self-employed entrepreneurs, startups, SMEs, and startups).
  • ProXalys — ProXalys is an online marketplace for agricultural products, offering assured payments and deferred payment options for merchants.
216 Capital VC Fund · Tunis, Tunis, Tunisia · 4 investments in the past 12 months
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.
Show more
Investment focus
  • SaaS, B2B, Information Technology
  • Seed, Pre-Seed, Angel
  • Tunisia, France, United States
Portfolio highlights
  • Juridoc.tn — Juridoc.tn is an interactive legal document database providing access to Tunisian regulatory texts. It serves as a platform for legal services, offering a comprehensive collection of updated legal documents.
  • Arcube — We make sure all travellers, frequent and infrequent, make the most of travel loyalty programs, using our data-driven approach, airlines can understand their customers and provide hyper-personalised offerings to boost value and retention.Arcube uses a data-driven approach to make the most of airline loyalty programs for both frequent andinfrequent flyers. Our software allows airlines to understand their customers and provide hyper-personalised offerings to boost value and retention at no extra cost to the airline.
  • Talenteo Inc. — Talenteo is an innovative SaaS solution for HR and payroll management, designed to simplify and automate company processes with an intuitive, AI-powered approach. It empowers SMEs and mid-market companies to streamline employee management, payroll, time tracking, and talent development. Talenteo enhances operational efficiency, minimizesadministrative errors, and enables businesses to focus on growth.
Voltron Capital VC Fund
On a mission to back the most extraorordinary entreprenuers out of Africa solving important problems in large markets.
Show more
Investment focus
  • Financial Services, FinTech, Payments
  • Pre-Seed, Seed, Angel
  • Nigeria, United States, Kenya
Portfolio highlights
  • Lengo — Lengo is an AI based intelligence platform that offers a large database on consumer goods for companies in the FMCG sector.
  • Bujeti — All-in-one financial management for African businesses. Track expenses, automate payments, issue corporate cards, and streamline your finances with Bujeti.
  • Maad — Maad is Francophone Africa's fastest-growing B2B marketplace, based in Dakar, Senegal. Our tech-driven solution allows retailers to order products from our one-stop shop and benefit from working capital loans
Foundamental VC Fund · Berlin, Berlin, Germany · 6 investments in the past 12 months
Foundamental is the first partner to exceptional founders re-creating the real world globally
Show more
Investment focus
  • Construction, Software, Real Estate
  • Seed, Series A, Pre-Seed
  • United States, India, Germany
Portfolio highlights
  • VARM — Varm provides efficient insulation for energy saving and comfort.
  • Aeria — Aeria is Asia's first seamless platform for commercial real estate to elevate tenant experience, optimise property operations and enhance lease and portfolio management.
  • Speckle — Teams around the world use Speckle for effective project delivery
Jua Fund VC Fund · Johannesburg, NA - South Africa, South Africa
I found a great domain name for sale on Dan.com. Check it out!
Show more
Investment focus
  • Agriculture, B2B, Farming
  • Funding Round, Pre-Seed
  • Ghana, Kenya, Nigeria
Portfolio highlights
  • Side — Side is an e-commerce distribution channel that leverages the power of “community” or “group buying” to provide goods to end customers more cheaply.
  • BRYT Knowledge
  • Powerstove Energy — Powerstove Energy, which uses advanced technology to deliver a superior smokeless, IoT-enabled cookstove that generates electricity.
Uma Ventures VC Fund · Hong Kong, Hong Kong Island, Hong Kong
Uma Ventures is a venture capital firm.
Show more
Investment focus
  • B2B, Retail
  • Seed
  • Senegal
Portfolio highlights
  • Kwely — Kwely is a dynamic and fast-growing startup. We are always looking for passionate, dynamic, fun and hard-working individuals to join our team.
Raba Partnership VC Fund · Cape Town, NA - South Africa, South Africa · 4 investments in the past 12 months
The Raba Partnership, Raba Capital, Raba
Show more
Investment focus
  • Financial Services, FinTech, Software
  • Seed, Pre-Seed, Series A
  • United States, South Africa, Egypt
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.
Jozi Angels VC Fund · Johannesburg, NA - South Africa, South Africa
Jozi Angels is an angel network based in Johannesburg, South Africa. We exist to grow the startup ecosystem and facilitate the growth of innovative startups.
Show more
Investment focus
  • B2B, Medical, Wellness
  • Pre-Seed
  • South Africa
Portfolio highlights
  • Jobox — Jobox is a student recruitment platform, built to connect employers, students and graduate career offices. Our focus is to improve graduate employability by ensuring all students have the skills they need to enter, stay in, and progress in the world of work.Jobox’s ecosystem provides employers with access to the best diverse & youthfultalent, students with more employment opportunities and universities with data-driven insights aimed at driving graduate employability forward.
  • Contro — Get your health and confidence products prescribed online and delivered to your door for free without the waiting rooms!
  • TUNL — TUNL | Unlocking Exports
Nosara Capital VC Fund · London, England, United Kingdom
Nosara Capital is a venture capital firm that invests in online marketplaces globally.
Show more
Investment focus
  • E-Commerce, B2B, SaaS
  • Series A, Series B, Series C
  • United States, Germany, Nigeria
Portfolio highlights
  • Provi — Manage your beverage inventory. Connect with your reps. Order what you need. All in one place.
  • Chiper — Chiper is the leading B2B e-commerce ecosystem for corner stores in Latin America. With operations across Colombia, Mexico, and soon Brazil, Chiper is uniting thousands of the 3.7 million corner stores in the region into one of the world's largest networks of bulk buyers. By aggregating demand and optimizing the entire supply chain, Chiperempowers corner stores to grow and thrive - offering them the fastest delivery, widest selection, and most competitive prices available.
  • Reibus — Reibus is the leading platform for buying and selling steel and other metals, with end-to-end services including logistics and financing.
First circle capital VC Fund · Casablanca, Grand Casablanca, Morocco · 2 investments in the past 12 months
First Circle Capital is a venture capital firm seeding the next fintech generation in Africa.
Show more
Investment focus
  • Financial Services, FinTech, Finance
  • Pre-Seed, Seed, Funding Round
  • Nigeria, Egypt, United States
Portfolio highlights
  • PayTic — PayTic enables payments issuers to manage their card programs by providing dedicated back-office solutions that streamline the end-to-end operations in customer support, chargebacks, fraud, AML, reporting, and reconciliation. Our proprietary solutions are unique in automating and centralizing the program management processes, regardless of thenumber of processors and the payment networks involved in the payments products. We impact payments providers by eliminating the defragmented and manual processes and replacing them with a SaaS platform that increases proactivity, mitigates risks, and delivers value. It reduces the burn rate to near 0 in operational costs and offers an unprecedented competitive advantage. PayTic is introducing the Zero Ops model in managing payments.
  • Pumpkn — Need reliable funding? We provide quick loans and capital tailored for Agriculture businesses in South Africa. Grow your business with Pumpkn. Apply now!
  • Scale — Scale accelerates market entry and revenue for fintechs with a people-first approach.
Norfund VC Fund · Oslo, Oslo, Norway · 7 investments in the past 12 months
Norfund is the Norwegian Investment Fund for developing countries with 24.9 bill. NOK in total commitments (2019).
Show more
Investment focus
  • Financial Services, Energy, Renewable Energy
  • Funding Round, Private Equity, Debt Financing
  • Kenya, South Africa, Nigeria
Portfolio highlights
  • OmniRetail — Get visibility of complete value chain and optimize processes end to end with our network of networks platform.
  • Wave Mobile Money — Wave Mobile Money provides an app-based financial solution to save, transfer, and borrow money. Wave Mobile Money is on a mission to make Africa the first cashless continent. On a continent where less than 10% of the population has a bank account, Wave is building the first modern financial network — no account fees, instantly available, andaccepted everywhere! It is building life-changing financial infrastructure. When mobile money succeeded in Kenya, it lifted about a million people out of poverty. And yet, over 10 years later, most Africans still lack access to affordable ways to save, transfer or borrow the money they need to build businesses or provide for their families. Wave is solving this problem by using technology to build a radically inclusive and extremely affordable financial network.
  • Arnergy — ARNERGY's mission is to deliver energy solutions for productive use by deploying products, services and systems that power business operations and improve economic outcomes for our clients. Vision: Providing sustainable solutions to energy reliability issues across emerging markets.
LocalGlobe VC Fund · London, England, United Kingdom · 15 investments in the past 12 months
Seeding ambitious founders at places like @citymapper, @improbableio,@teamkano, @moo, @songkick,@seedcamp, @transferwise and @zoopla since 1999. Who's next?
Show more
Investment focus
  • Software, Financial Services, FinTech
  • Seed, Series A, Pre-Seed
  • United Kingdom, United States, France
Portfolio highlights
  • Clock Bio — Clock Bio operates as a biotech company, that develops novel regenerative medicines.
  • Keel — Keel is a London-based startup offering modern businesses a much-needed third choice between off-the-shelf and no-code tools. Keel has developed a powerful programmable operations platform which offers all the benefits of bespoke tooling without the need to build from scratch.Keel was founded in 2022 by Benoit Machefer, Tom Frew and Jon Bretman,who directly experienced the frustration of being underserved by off-the-shelf software when scaling the fastest growing online pharmacy in Europe to over $130m revenue. The company represents a compelling vision of a future without legacy ERP, where ops teams and engineers work more closely together building bespoke tools on the robust and secure Keel platform.
  • Yonder — A modern lifestyle credit card packed with rewards, no foreign exchange fees, and loads more. Apply without needing a UK credit score.
Digital Africa Ventures VC Fund · Johannesburg, NA - South Africa, South Africa
African Digital Ventures centered on assisting African digital technology start-ups in their early stages.
Show more
Investment focus
  • Software, Logistics, Supply Chain Management
  • Seed, Pre-Seed
  • South Africa
Portfolio highlights
  • Tripplo — Tripplo is a platform to automate and optimise operations for transporters, cargo owners and cargo brokers.
  • TUNL — Ship globally with ease. TUNL offers affordable, transparent international shipping built for South African brands. Up to 91% cheaper. No surprises.
  • Konnect — Konnect provides a cross borders payment solution intended to simplify complex financial flows allowing companies of any scale and size to send and receive payments in a practical, secure, and low-cost way.
Jigsaw VC VC Fund · St. Helier, NA - Jersey, Jersey · 3 investments in the past 12 months
Jigsaw VC website
Show more
Investment focus
  • Financial Services, FinTech, Software
  • Series A, Seed, Pre-Seed
  • United Kingdom, India, Kenya
Portfolio highlights
  • Lawhive — LawHive provides local UK solicitors for half the cost of a law firm. Connect with licensed solicitors online. Use any computer or smartphone.
  • Goodstack — Goodstack is a SaaS and fintech platform for managing charitable donations.
  • Yonder — A modern lifestyle credit card packed with rewards, no foreign exchange fees, and loads more. Apply without needing a UK credit score.
CDG Invest VC Fund · Rabat, Rabat-Sale-Zemmour-Zaer, Morocco · 3 investments in the past 12 months
CDG Invest is the investment branch of the CDG group. CDG Invest acts both as an investment manager for its own account following both financial and strategic logic, as well as as a fund manager for third parties. CDG Invest intervenes in various key sectors of the Moroccan economy: industry, agro-food, digital/digital, renewable energy, andterritorial PPP and with various segments of companies.
Show more
Investment focus
  • Software, Apps, Internet
  • Pre-Seed, Seed, Private Equity
  • Morocco, France, Switzerland
Portfolio highlights
  • Cathedis — Cathedis has been a partner of e-merchants, adapting to the evolutions of the e-commerce market. Taking into account the trends and needs of e-merchants and e-buyers, as the constraints of their business. Their offers are always more important, competitive, personalized, and innovative.
  • Oncorad groupe — Oncorad groupe is a health care organization that specializes in oncology and radiology services for the prevention and treatment of cancer.
  • Freshcut Morocco — Freshcut Morocco is an agro-industrial firm.
GMC coLABS VC Fund
Show more
Investment focus
Portfolio highlights
  • Taimba Limited — Taimba is a B2B mobile-based platform connecting farmers to urban traders with aim of reducing food wastage and to stabilize market prices.
  • WomenChoice Industries — WomenChoice Industries is a manufacturer and distributor of low-cost, affordable, reusable sanitary towels.
Lynett Capital VC Fund · San Francisco, California, United States
Lynett Capital is an early stage investment firm dedicated to the empowering technology companies.
Show more
Investment focus
  • FinTech, Wireless, Mobile
  • Seed, Series A, Pre-Seed
  • United States, Kenya, Nigeria
Portfolio highlights
  • OpenYield — OpenYield is the modern bond exchange for retail. Equity-like liquidity for corporates and treasures.
  • Notabene — Crypto Compliance for VASPs & Regulators made simple! Notabene is a platform designed to bridge crypto markets with traditional financial systems. Book a demo today.
  • ABL Space Systems — ABL Space Systems is a company based in El Segundo, California, focused on launch vehicle and launch systems technology development.
DNA Capital VC Fund · São Paulo, Sao Paulo, Brazil
DNA Capital is an investment partnership specializing in multi-stage investments in the healthcare sector.
Show more
Investment focus
  • Health Care, Medical, Wellness
  • Seed, Series A, Series B
  • United States, Brazil, China
Portfolio highlights
  • Piwi — Hi there, we are Piwi®. Like a broker, only easier. We didn’t create the company because we were in love with the market. It was exactly the opposite. With an easy to use and intuitive digital benefit managing platform we replaced the old school brokerage changing the way in which companies research, buy and manage their health plans and benefits.That’s evolution coming around!
  • Reema Health — Transforming the way people navigate the gaps between health care and social care. Reema combines a 24/7 AI-based confidant with in-person community guides to help people meet their social needs.
  • Sanar — 26K Followers, 709 Following, 489 Posts - See Instagram photos and videos from Sanar (@sanar)
The A to Z Impact Foundation VC Fund
Impact First Investing A to Z happily sacrifices financial returns on its investments in exchange for shared prosperity and positive societal outcomes. These investments empower underserved communities, leading to better jobs, improved health, and a higher quality of life.
Show more
Investment focus
  • B2B, Education, Nutrition
  • Seed, Funding Round
  • Kenya, South Africa
Portfolio highlights
  • Kwanza Tukule — Kwanza Tukule is a cashless B2B business that offers food supply services to local food vendors.
  • BluLever Educations — Join the artisans & apprentices who are building the future. At BluLever Education you can build your career, business, or the artisan ecosystem with an education partner that believes in artisans. Welcome to our digital home. We offer plumbing and electrical apprenticeships.
Atlantica Ventures VC Fund · Lagos, Lagos, Nigeria
Are you looking for start-up funding for your business? Get in touch with Atlantica Ventures to get the kick-start your start-up needs.
Show more
Investment focus
  • Internet, B2B, Health Insurance
  • Pre-Seed, Seed, Series A
  • Nigeria, Kenya, South Africa
Portfolio highlights
  • OnePipe — OnePipe aggregates APIs from banks and fintechs into a standardized gateway that is easy to integrate and makes partnerships seamless.
  • Sendmarc — Stop cyber criminals from sending emails using your domain and protect your customers, suppliers and employees from cyber attacks with DMARC Security.
  • Afropolitan — Afropolitan is building a Network State to unleash the maximum potential of Africans around the world. Are you interested? Join us with your email.
Village Global VC Fund · San Francisco, California, United States · 22 investments in the past 12 months
Early stage venture capital backed by some of the world's best entrepreneurs.
Show more
Investment focus
  • Software, Artificial Intelligence, Information Technology
  • Seed, Pre-Seed, Series A
  • United States, United Kingdom, India
Portfolio highlights
  • Qanooni — Qanooni is a legal technology company offering an AI-powered platform designed specifically for lawyers and legal professionals.
  • Fal — fal.ai is the fastest way to run diffusion models with ready-to-use AI inference, training APIs, and UI Playgrounds
  • Gravity — Meet Orion, the autonomous AI-Powered Data Analyst that turns overwhelming data into clear direction. It works 24/7 so your team doesn't have to.
Proparco VC Fund · Paris, Ile-de-France, France · 4 investments in the past 12 months
Proparco is devoted to private sector funding in the sustainable development sector.
Show more
Investment focus
  • Financial Services, Energy, Finance
  • Funding Round, Debt Financing, Seed
  • India, Kenya, Mauritius
Portfolio highlights
  • ACCIONA — At ACCIONA we offer sustainable solutions to the most urgent challenges facing the planet, such as global warming, energy needs and water shortages
  • SeA Bank — SeA Bank is a banking institution that provides services like preferential loans, tax service, online transaction solutions and more.
  • Alya — FinTech providing instalments & payment solutions in Africa
Renew Capital VC Fund · Addis Ababa, Adis Abeba, Ethiopia · 11 investments in the past 12 months
Renew Capital is an Africa-focused investment firm that addresses critical gaps for Africa’s growing businesses and connects them to a global network of impact investors.
Show more
Investment focus
  • Mobile Apps, Financial Services, Finance
  • Pre-Seed, Funding Round, Seed
  • Uganda, Kenya, Ethiopia
Portfolio highlights
  • Bosso — Bosso projects and realizes automation and robotic solutions for the growth of your business.
  • Chpter — Chpter is a software development company that offers fast billing and checkout to help start, run, and grow a business.
  • Level Africa — Digital Investment Marketplace for Africa
Investors by industry
Investors by country
VC (Venture Capital) Funds in Africa by industry