# Top 10 Beauty VC (Venture Capital) Funds in Africa in May 2026

## Samata Capital
- Type: VC Fund
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Beauty, Retail, Consumer

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

## igniteXL Ventures
- Type: VC Fund
- Location: Palo Alto, California, United States
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Beauty, Fashion, Software

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

## Renew Capital
- Type: VC Fund
- Location: Addis Ababa, Adis Abeba, Ethiopia
- Relevant deals: 1
- Stages: Pre-Seed, Seed
- Focus: Mobile Apps, Financial Services, Finance

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.

## DOB Equity
- Type: VC Fund
- Location: Veessen, Gelderland, The Netherlands
- Relevant deals: 1
- Stages: Private Equity, Seed
- Focus: Food and Beverage, Farming, Health Care

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

## FirstCheck Africa
- Type: VC Fund
- Location: Lagos, Lagos, Nigeria
- Relevant deals: 1
- Stages: Pre-Seed, Seed
- Focus: Consumer, Payments, Financial Services

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.

## Acumen
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Health Care, Agriculture, Financial Services

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.

## Altree Capital
- Type: VC Fund
- Location: Nairobi, Nairobi Area, Kenya
- Relevant deals: 1
- Stages: Seed
- Focus: Beauty, Retail, Consumer

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

## Antler
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 1
- Stages: Pre-Seed, Seed, Series A
- Focus: Software, Artificial Intelligence, Information Technology

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

## Future Africa
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Financial Services, FinTech, Information Technology

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.

## EQ2 Ventures
- Type: VC Fund
- Location: Dubai, Dubai, United Arab Emirates
- Relevant deals: 1
- Stages: Series A, Seed, Series B
- Focus: E-Commerce, Retail, Advertising

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