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Top 20 Beauty Startup Investors in Africa (July 2026)

The most active venture capital funds and angel investors investing in Africa Beauty startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Africa Beauty startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
igniteXL Ventures
VC Fund
2 United States, South Korea, Kenya Seed, Pre-Seed, Venture - Series Unknown Beauty, Fashion, Software $226k–$8.1M
Samata Capital
VC Fund
2 Kenya, Nigeria Seed, Series A Beauty, Retail, Consumer $1M–$1.4M
Chui Ventures
VC Fund
1 Kenya, Nigeria, Senegal Seed, Pre-Seed, Venture - Series Unknown Retail, E-Commerce, Beauty $250k–$5M
Altree Capital
VC Fund
1 Kenya Seed Beauty, Retail, Consumer
Kwehnui Tawah
Angel
1 Kenya Seed Beauty, Retail, Consumer
Andrea Iannelli
Angel
1 Kenya Seed Beauty, Retail, Consumer
DOB Equity
VC Fund
1 Kenya, Rwanda, Tanzania Private Equity, Seed Food and Beverage, Farming, Health Care
Acumen
VC Fund
1 United States, India, Kenya Seed, Series A Health Care, Agriculture, Financial Services
FirstCheck Africa
VC Fund
1 Kenya, Nigeria, United States Pre-Seed, Seed Consumer, Payments, Financial Services $100k–$4.5M
Future Africa
VC Fund
1 Nigeria, United States, Kenya Seed, Pre-Seed, Series A Financial Services, FinTech, Information Technology $100k–$20M
EQ2 Ventures
VC Fund
1 United Arab Emirates, Egypt, Kenya Series A, Seed, Series B E-Commerce, Retail, Advertising $1.1M–$15M
Right Side Capital Management
VC Fund
1 United States, Canada, United Kingdom Seed, Pre-Seed, Convertible Note Software, SaaS, Health Care $20k–$2M
Trond Riiber Knudsen
Angel
1 Norway, United States, Kenya Seed, Pre-Seed, Angel Software, Information Technology, SaaS $300k–$3.5M
Antler
VC Fund
1 Singapore, Australia, United Kingdom Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $108k–$28M
Camilla Hagen Sørli
Angel
1 Kenya Seed Beauty, Retail, Consumer
GreenTec Capital Partners
VC Fund
1 Kenya, Nigeria, Morocco Seed, Pre-Seed Information Technology, Retail, Computer $50k–$1M
CDG Invest
VC Fund
1 Morocco, France, United Arab Emirates Seed, Pre-Seed, Series A Software, Apps, Financial Services $200k–$19M
Renew Capital
VC Fund
1 Uganda, Kenya, Ethiopia Pre-Seed, Seed Mobile Apps, Financial Services, Finance
Pierre Martensson
Angel
1 Kenya Seed Beauty, Retail, Consumer
Patricia Ithau
Angel
1 Kenya Seed, Pre-Seed Beauty, Retail, Fashion
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

igniteXL Ventures
VC Fund · Palo Alto, California, United States · 2 investments in Africa Beauty startups

WELLNESS TO THE WORLD igniteXL Ventures is a global seed fund investing in game-changing founders at the intersection of technology, beauty

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Investment focus

  • Industry: Beauty, Fashion, Software
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: United States, South Korea, Kenya

Investor stats

  • Total investments: 22
  • Round size: Seed $1M–$8.1M; Pre-Seed $226k–$1.8M
  • Lead/follow: 18% lead, 82% follow
  • Last fund: Likely still investing — raised $10M in 2021

Portfolio highlights

  • Musely — Musely develops an online platform intended to provide medical skincare treatments through technology. The company's offerings include personal products made from natural ingredients and also provides wellness tips, enabling users to offer prescription formulas, natural beauty brands, professional hair care, and makeup products.It wasfounded in 2013 and is based in Santa Clara, California.
  • Maeva — Maeva is a science-backed metabolic wellness brand built for people on GLP-1 medications — and anyone committed to a smarter weight-loss journey. Founded by Steven and Dean Neiger after Steven's own firsthand experience with GLP-1 therapy, Maeva was created to solve a real gap: when you're eating less, your body still needs completenutrition. Muscle loss, energy dips, hair thinning, and digestive discomfort shouldn't be the price of progress. Our Daily Nutrition Shakes — formulated separately for women and men — deliver 20–25g of plant protein, clinically dosed functional ingredients, and zero sugar, dairy, soy, or maltodextrin. Every product in our lineup is made in an NSF-certified, cGMP, FDA-registered U.S. facility and third-party tested for heavy metals and microbial safety. We don't believe in fairy-dust dosing or empty promises. Every ingredient is included at a level that actually works — so you can stay strong, energized, and feeling like yourself while you slim down.
  • Uncover — Dermatologist-tested K-Beauty formulas powered by African botanicals for melanin-rich skin. Shop SPF 50 sunscreen, serums & kits with free Kenya shipping.
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Samata Capital
VC Fund · 2 investments in Africa Beauty startups

CREATING a More Inclusive Future Samata Capital accelerates equal access to capital and opportunity for talented entrepreneurs in emerging markets. We inten ...

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Investment focus

  • Industry: Beauty, Retail, Consumer
  • Stage:Seed, Series A
  • Geography: Kenya, Nigeria

Investor stats

  • Total investments: 4
  • Round size: Seed $1M–$1.4M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • ReelFruit — On a mission to inspire delightfulness by offering the tastiest snacks in town.
  • Uncover — Dermatologist-tested K-Beauty formulas powered by African botanicals for melanin-rich skin. Shop SPF 50 sunscreen, serums & kits with free Kenya shipping.
  • Solar Taxi Ghana — Solar Taxi Ghana app provides various electronic vehicles that are powered by solar energy.
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Chui Ventures
VC Fund · Delaware, Ohio, United States · 1 investments in Africa Beauty startups

Investing in Africa | Chui Ventures is an investment company that seeks to back exceptional African companies at the early stage of their growth.

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Investment focus

  • Industry: Retail, E-Commerce, Beauty
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Kenya, Nigeria, Senegal

Investor stats

  • Total investments: 11
  • Round size: Seed $250k–$5M; Pre-Seed $1M–$3M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • PaidHR — PaidHR works with organizations to streamline how they manage their staff. Our precisely created solutions enable them to create the ideal place to work.
  • 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.
  • Tuteria — Get Home Tutoring Matched to Your Child's Needs. Prepare for IELTS, Common Entrance, IGCSE, GRE & JAMB. Book Lessons in 150+ Subjects Including Music, Coding & Languages.
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Altree Capital
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in Africa Beauty startups

Altree Capital is a provider of African asset management and investment advisory services to institutional investors across the globe.

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Investment focus

  • Industry: Beauty, Retail, Consumer
  • Stage:Seed
  • Geography: Kenya

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Kasha — Health products and household goods you want, delivered to where you are.
  • Uncover — Dermatologist-tested K-Beauty formulas powered by African botanicals for melanin-rich skin. Shop SPF 50 sunscreen, serums & kits with free Kenya shipping.
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Kwehnui Tawah
Angel · 1 investments in Africa Beauty startups

Kwehnui Tawah is the Head of Platform Services + Special Projects at Sokowatch. He attended the University of Chicago.

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Investment focus

  • Industry: Beauty, Retail, Consumer
  • Stage:Seed
  • Geography: Kenya

Investor stats

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

Portfolio highlights

  • Uncover — Dermatologist-tested K-Beauty formulas powered by African botanicals for melanin-rich skin. Shop SPF 50 sunscreen, serums & kits with free Kenya shipping.
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Andrea Iannelli
Angel · London, England, United Kingdom · 1 investments in Africa Beauty startups

Andrea Iannelli

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Investment focus

  • Industry: Beauty, Retail, Consumer
  • Stage:Seed
  • Geography: Kenya

Investor stats

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

Portfolio highlights

  • Uncover — Dermatologist-tested K-Beauty formulas powered by African botanicals for melanin-rich skin. Shop SPF 50 sunscreen, serums & kits with free Kenya shipping.
Show all investments...

DOB Equity
VC Fund · Veessen, Gelderland, The Netherlands · 1 investments in Africa Beauty startups

DOB Equity is a private equity firm specializing in growth capital and buy-and-build strategies in small and medium companies.

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Investment focus

  • Industry: Food and Beverage, Farming, Health Care
  • Stage:Private Equity, Seed
  • Geography: Kenya, Rwanda, Tanzania

Investor stats

  • Total investments: 41
  • Lead/follow: no public data

Portfolio highlights

  • Kwara — Kwara turns analog credit unions into modern digital banks.
  • Power — Putting individuals on the path towards financial health
  • Eden Care Medical — Eden Care Medical is a mobile application that provides medical and health insurance as well as financial services.
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Acumen
VC Fund · New York, New York, United States · 1 investments in Africa Beauty startups, 7 in the past 12 months

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: Health Care, Agriculture, Financial Services
  • Stage:Seed, Series A
  • Geography: United States, India, Kenya

Investor stats

  • Total investments: 144
  • Lead/follow: no public data

Portfolio highlights

  • BioMassters — Biomassers aim to replace charcoal production and charcoal cooking by providing modern, affordable, and low-carbon pellet fuel production and cooking solutions based on locally produced fuel from waste materials.
  • 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.
  • Raino Tech4Impact — Raino Tech4Impact is a social enterprise that leverages technology as an enabler to empower African communities. We have been deploying technology-driven solutions in agriculture and health, powered by renewable energy to achieve sustainability.
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FirstCheck Africa
VC Fund · Lagos, Lagos, Nigeria · 1 investments in Africa Beauty startups

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.

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Investment focus

  • Industry: Consumer, Payments, Financial Services
  • Stage:Pre-Seed, Seed
  • Geography: Kenya, Nigeria, United States

Investor stats

  • Total investments: 9
  • Round size: Seed $1M–$4.5M; Pre-Seed $100k–$3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Jumba — Jumba is the trusted digital partner for hardware stores. Through tech, we support hardware stores to grow. Get cement at unbeatable prices. Access cement LPOs even at midnight. Get inventory on credit through Jengwa.
  • Uncover — Dermatologist-tested K-Beauty formulas powered by African botanicals for melanin-rich skin. Shop SPF 50 sunscreen, serums & kits with free Kenya shipping.
  • Cleva — For anyone with global financial needs, A US-based dollar account in your name to receive, hold, and save USD.
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Future Africa
VC Fund · San Francisco, California, United States · 1 investments in Africa Beauty 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.
Show all investments...

Access 48,091 investors

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

Browse database — It's Free!
EQ2 Ventures
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in Africa Beauty startups

Evergreen venture capital investing in Seed to Series A startups across MENA and Africa. 27 active investments, $71.8M portfolio NAV, 17% IRR.

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Investment focus

  • Industry: E-Commerce, Retail, Advertising
  • Stage:Series A, Seed, Series B
  • Geography: United Arab Emirates, Egypt, Kenya

Investor stats

  • Total investments: 30
  • Round size: Seed $1.1M–$5M; Series A $1.5M–$15M; Series B $2.5M–$10M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Coraly — Coraly is a real estate growth platform that unifies listings, leads, transactions, marketing, and compliance in one AI-powered system for agents and teams.
  • Flowcart — Sukhiba is a decentralized community-based commerce platform.
  • Tern Group — Tern Group is an AI Platform to hire and relocate top healthcare talents globally, faster and cheaper. TERN is a full-stack solution to source and relocate top-tier medical and engineering talent from India, North Africa, South Africa, and Central Asia and the approach ensures a seamless, ethical, and transparent migration process, drasticallycutting complexity and shaving costs for healthcare systems.
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Right Side Capital Management
VC Fund · San Francisco, California, United States · 1 investments in Africa Beauty startups

Systematic Pre-Seed Startup Capital

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Investment focus

  • Industry: Software, SaaS, Health Care
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 1143
  • Round size: Seed $20k–$2M; Pre-Seed $50k–$448k; Convertible Note $50k–$500k
  • Lead/follow: 3% lead, 97% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Cohley — Cohley is a content marketing platform focusing on user generated content, visual asset creation, and text review generation. Streamline your content generation today!
  • Vidrovr — Vidrovr develops multimodal computer vision and machine learning systems to index, tag, and understand video. It processes videos with specific domain constraints, such as in sports, government, and media verticals. Its technology enables its users to search an indexed video corpus and retrieve content inside videos and link it to other media likephotos and text.The company Integrates social media to enable direct interactions between multimedia content. Vidrovr was founded in 2016 and is headquartered in New York.
  • Vector ML Analytics — Vector ML is a financial analytics tool used by executives and analysts at banks and lending institutions to increase return, lower risk, and manage liquidity. It combines treasury, credit risk, FP&A, and capital market features in a single application using AI and automation, allowing for a 360-degree view of the balance sheet. Visit us atwww.vectormla.com
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Trond Riiber Knudsen
Angel · Oslo, Oslo, Norway · 1 investments in Africa Beauty startups

Trond Riiber Knudsen is a Founder of TRK GROUP.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Norway, United States, Kenya

Investor stats

  • Total investments: 19
  • Round size: Seed $320k–$3.5M; Angel $300k–$933k; Pre-Seed $672k–$1.8M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • Soolv
  • SportAI — SportAI is a B2B sports technology firm that is spearheading the revolution in sports technique coaching, commentary, and analysis using advanced AI and machine learning. The company aims to boost sports performance and make high-quality sports data more accessible. SportAI's SaaS platform, powered by Computer Vision and Machine Learning,delivers unbiased sports technique analysis and AI-generated sports data to different sectors in the sports industry. This technology can seamlessly integrate into broadcasting, training apps, simulators, sporting equipment brands, and product recommendation websites, offering significant benefits to the global sports industry.
  • Starflow — Starflow goal is to create a scalable energy system that helps people achieve energy independence.
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Antler
VC Fund · Singapore, Central Region, Singapore · 1 investments in Africa Beauty startups

Build your next company with Antler, a global day zero investor enabling exceptional founders to start great companies, from the very beginning. Apply now!

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Singapore, Australia, United Kingdom

Investor stats

  • Total investments: 1818
  • Round size: Seed $186k–$4.6M; Pre-Seed $108k–$750k; Series A $4.6M–$28M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely actively investing — fresh fund, raised $72M in 2024

Portfolio highlights

  • Sapyen — We take the fear out of infertility for men. Test for it at home, without stepping out to the hospital and get personalised health recommendations to improve sperm health and increase your chances of conceiving.
  • Visoid — Render your 3D models with ease! Quick and easy rendering software for architects, powered by AI. Try Visoid for free!
  • One Key Access — One Key Access is an interface to the world of couriers to enable 24/7 frictionless deliveries.
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Camilla Hagen Sørli
Angel · 1 investments in Africa Beauty startups

Camilla Hagen Sørli

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Investment focus

  • Industry: Beauty, Retail, Consumer
  • Stage:Seed
  • Geography: Kenya

Investor stats

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

Portfolio highlights

  • Uncover — Dermatologist-tested K-Beauty formulas powered by African botanicals for melanin-rich skin. Shop SPF 50 sunscreen, serums & kits with free Kenya shipping.
Show all investments...

GreenTec Capital Partners
VC Fund · Frankfurt, Hessen, Germany · 1 investments in Africa Beauty startups

GreenTec Capital Partners is Germany's premier investor into African start-ups and SMEs. GreenTec invests through its unique Results4Equity model, acting as a co-founding partner that is only compensated on business success.

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Investment focus

  • Industry: Information Technology, Retail, Computer
  • Stage:Seed, Pre-Seed
  • Geography: Kenya, Nigeria, Morocco

Investor stats

  • Total investments: 24
  • Round size: Pre-Seed $50k–$1M
  • Lead/follow: 83% lead, 17% follow
  • Last fund: May invest from a new fund soon — raised $1.2M in 2017

Portfolio highlights

  • Ecodudu — Ecodudu is a waste-to-value company. It uses a proprietary innovation to recycle organic waste into high-protein animal feed and organic fertilizer using the black soldier fly. It harnesses insects (nature’s recycling agents) to address global issues which include waste management, demand for protein, and environmental conservation.
  • Asilimia — Asilimia is a simple, fun mobile app for sending money through M-PESA quickly and without any transaction fees. Simply deposit money to your M-PESA, download Asilimia and send money for free to any other M-PESA account.
  • ShapShap — ShapShap enhances delivery experience through its commission-based marketplace by assigning efficient orders to drivers to ensure their sustainability and scalability.
Show all investments...

CDG Invest
VC Fund · Rabat, Rabat-Sale-Zemmour-Zaer, Morocco · 1 investments in Africa Beauty startups

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.

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Investment focus

  • Industry: Software, Apps, Financial Services
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Morocco, France, United Arab Emirates

Investor stats

  • Total investments: 45
  • Round size: Seed $306k–$4M; Pre-Seed $200k–$200k; Series A $10M–$19M
  • Lead/follow: 42% lead, 58% follow

Portfolio highlights

  • Klaim — Klaim is an InsureTech platform offering a SaaS medical claim management and financing platform all in one. They provide them with total visibility on their revenue cycle, increase their revenue through reduced claim processing time and errors, and faster payments.
  • Yakeey — Yakeey is an end-to-end transactional marketplace that radically simplifies the experience of buying, selling and renting real estate.We leverage on data and technology to connect all real estate market players through a state of the art platform, create a chain of trust and powerful network effects and accelerate transactions.Yakeey is builton a community of real estate advisors, YakeeyPRO, to deliver a continuous professional and tailored service at every step of the transaction.
  • MYCOPHYTO — Co-created in July 2016 by Justine LIPUMA, PhD in microbiology, and Christine PONCET-DOISE, Senior Research Engineer at INRA, MYCOPHYTO is the result of 30 years of experimentation in biological crop protection.
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Renew Capital
VC Fund · Addis Ababa, Adis Abeba, Ethiopia · 1 investments in Africa Beauty startups, 11 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.

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Investment focus

  • Industry: Mobile Apps, Financial Services, Finance
  • Stage:Pre-Seed, Seed
  • Geography: Uganda, Kenya, Ethiopia

Investor stats

  • Total investments: 26
  • Lead/follow: no public data

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
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Pierre Martensson
Angel · 1 investments in Africa Beauty startups

Pierre Martensson

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Investment focus

  • Industry: Beauty, Retail, Consumer
  • Stage:Seed
  • Geography: Kenya

Investor stats

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

Portfolio highlights

  • Uncover — Dermatologist-tested K-Beauty formulas powered by African botanicals for melanin-rich skin. Shop SPF 50 sunscreen, serums & kits with free Kenya shipping.
Show all investments...

Patricia Ithau
Angel · 1 investments in Africa Beauty startups

Patricia Ithau

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Investment focus

  • Industry: Beauty, Retail, Fashion
  • Stage:Seed, Pre-Seed
  • Geography: Kenya

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Shop Zetu — Shop the latest trendy fashion, beauty and accessory brands in Kenya online! Discover affordable clothing, footwear, accessories, beauty products and more. Order today from Shop Zetu.
  • Uncover — Dermatologist-tested K-Beauty formulas powered by African botanicals for melanin-rich skin. Shop SPF 50 sunscreen, serums & kits with free Kenya shipping.
Show all investments...

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Shizune is free forever. You can search and browse investors for free.

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Who built Shizune?

Shizune is built by founders with the goal of helping all founders raise funding no matter where they are.

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