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Top 30 Biotechnology Startup Investors in Africa (June 2026)

The most active venture capital funds and angel investors investing in Africa Biotechnology startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Africa Biotechnology startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Cult Food Science
VC Fund
2 United States, South Africa, Canada Seed, Pre-Seed Food and Beverage, Biotechnology, Food Processing $275k–$12M
Novastar Ventures
VC Fund
2 Kenya, Nigeria, United Kingdom Series A, Series B Agriculture, Health Care, Internet $1.7M–$42M
LoftyInc Capital
VC Fund
2 United States, Nigeria, Egypt Seed, Pre-Seed, Series A Financial Services, FinTech, Software $100k–$37M
GreenTec Capital Partners
VC Fund
2 Kenya, Nigeria, Morocco Seed, Pre-Seed Information Technology, Retail, Computer $50k–$1M
U.S. International Development Finance Corp
VC Fund
2 India, United States, Kenya Debt Financing, Post-IPO Debt Financial Services, Finance, Banking $5M–$500M
Futuregrowth Asset Management
VC Fund
2 South Africa, France, United States Seed, Series B Software, Transportation, Financial Services $1.9M–$16M
University Technology Fund
VC Fund
1 South Africa Seed, Grant Biotechnology, AgTech, Medical $500k–$5M
AAIC Investment
VC Fund
1 Kenya, Egypt, Nigeria Series A, Seed, Series B Health Care, Medical, E-Commerce $450k–$794M
University of Cape Town
VC Fund
1 South Africa Seed AgTech, Aquaculture, Biotechnology
Anonymous Trust
VC Fund
1 United States, South Africa, United Kingdom Pre-Seed, Series A, Seed Software, Computer, Internet $25k–$2M
Alethea Capital Management
VC Fund
1 United States, South Africa Series A, Series B, Series C Biotechnology, Health Care, Medical $2.5M–$10M
E4EAfrica
VC Fund
1 South Africa, The Netherlands, France Seed, Pre-Seed, Series A Logistics, Internet, Supply Chain Management $238k–$8M
Mylkcubator
VC Fund
1
HAVAÍC
VC Fund
1 South Africa, United States, Kenya Seed, Series A Software, Health Care, FinTech $57k–$15M
Launch Africa
VC Fund
1 Nigeria, South Africa, United States Seed, Pre-Seed Financial Services, FinTech, Information Technology $200k–$4M
Tencent
VC Fund
1 China, United States, United Kingdom Series B, Series A, Series C Software, Financial Services, Artificial Intelligence $3.5M–$400M
Standard Chartered Bank
VC Fund
1 India, Singapore, United Kingdom Debt Financing, Post-IPO Debt Financial Services, Energy, Finance $70M–$3B
iLabAfrica
VC Fund
1 Kenya Seed Agriculture, Biotechnology
Kale United
VC Fund
1 Sweden, United Kingdom, Canada Seed, Pre-Seed Food and Beverage, Biotechnology, Food Processing $100k–$2.5M
KFW DEG
VC Fund
1 India, Kenya, United States Debt Financing, Grant Financial Services, Energy, FinTech $100k–$570M
ShEquity
VC Fund
1 Nigeria Seed FinTech, Finance, Ride Sharing
Oak Drive ventures
VC Fund
1 Philippines, France, South Africa Seed, Series B, Series A CRM, Banking, FinTech $5.3M–$6.5M
DEG
VC Fund
1 India, South Africa, Ghana Debt Financing, Grant Financial Services, FinTech, E-Commerce $100k–$33M
Oxfam’s Enterprise Development Programme
VC Fund
1 Tunisia, Ethiopia Grant, Series A Retail, Blockchain, E-Commerce
Ministry of programming
VC Fund
1 Sweden, South Africa Pre-Seed Biotechnology
V8 Capital Partners
VC Fund
1 Nigeria, Kenya, Ghana Seed, Series A, Pre-Seed Information Technology, Software, Health Care $2M–$20M
Sustainable Food Ventures
VC Fund
1 United States, India, Germany Pre-Seed, Seed, Angel Food and Beverage, Biotechnology, Food Processing $100k–$4M
VestedWorld
VC Fund
1 Nigeria, Kenya, Ghana Seed, Series A, Series B Agriculture, Farming, E-Commerce $1.6M–$20M
Opes Impact Fund
VC Fund
1 Italy, Kenya, India Seed, Series A Communities, Agriculture, Energy $219k–$910k
Africa50
VC Fund
1 Kenya, Morocco, Egypt Private Equity, Series A Transportation, Education, Infrastructure
Access all 30 investors in Africa Biotechnology startups.

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

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Investor list

Cult Food Science
VC Fund · 2 investments in Africa Biotechnology startups

CULT Food Science is an investment company focused on supporting and advancing the technology behind the future of food.

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Investment focus

  • Industry: Food and Beverage, Biotechnology, Food Processing
  • Stage:Seed, Pre-Seed
  • Geography: United States, South Africa, Canada

Investor stats

  • Total investments: 23
  • Round size: Seed $300k–$12M; Pre-Seed $275k–$2.4M
  • Lead/follow: 52% lead, 48% follow

Portfolio highlights

  • Novel Farms — Novel Farms uses microbial fermentation to develop cruelty-free, inexpensive and tunable bioscaffolds for the production of cell-based meat products. Novel Farms mission is to craft the taste and texture of the gourmet meats and transform cell-based meat consumption into a sought-after culinary experience for the next generation of consciouseaters.
  • Minus — A sustainable coffee alternative, combining the taste, look, and smell of coffee with a smaller footprint to ensure a brighter future for coffee and the planet.
  • Unicorn Biotechnologies — Unicorn Biotechnologies is developing a fully automated manufacturing platform to enable cellular agriculture producers to seamlessly scale products from the lab bench to supermarket shelves. Our full stack platform combines hardware, software and analytics to completely automate cellular agriculture manufacturing, reducing costs and increasingproduct quality. By providing a clear path to scale cellular agriculture from grams to tons, we will improve human and planetary health and drive the transition to animal free agriculture.
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Novastar Ventures
VC Fund · Nairobi, Nairobi Area, Kenya · 2 investments in Africa Biotechnology startups

For the many, not just the few. For good.

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Investment focus

  • Industry: Agriculture, Health Care, Internet
  • Stage:Series A, Series B
  • Geography: Kenya, Nigeria, United Kingdom

Investor stats

  • Total investments: 64
  • Round size: Series A $1.7M–$15M; Series B $3.5M–$42M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: May invest from a new fund soon — raised $108M in 2020

Portfolio highlights

  • Soko — SOKO produces innovative, ethical jewelry and accessories from sustainable materials in Nairobi, Kenya
  • Ignitia — Ignitia provides hyper-local weather updates, via SMS, based on GPS location. Since our commercial launch in 2015, we have established partnerships to work with small-scale farmers. We send daily, monthly and seasonal rain forecasts to help farmers avoid adverse impacts of an ever-changing climate.Unlike other regions, rain in the tropics isproduced by small-scale systems where convection is a driving force. These convection forces can appear much more quickly and without seemingly any notice to the untrained eye. Ignitia's technology is specifically designed to predict this kind of weather.
  • Moniepoint — Moniepoint provides an all-in-one payments, banking and operations platform for businesses and their customers.
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LoftyInc Capital
VC Fund · Carmel, California, United States · 2 investments in Africa Biotechnology startups

LoftyInc Capital Management empowers Afropreneurs to build a prosperous and equitable future in Africa. We deliver value to both founders and investors.........

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Investment focus

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

Investor stats

  • Total investments: 147
  • Round size: Seed $100k–$5M; Pre-Seed $100k–$2.4M; Series A $250k–$37M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: Likely still investing — raised $14M in 2021

Portfolio highlights

  • Aku — Aku is a financial technology to drive financial inclusion on one mobile device. They provide payments and bring financial services to the doorstep. They support the new business owner in need of the right tools. They offer low-cost, accessible financial services that serve their customers. They radically democratized access to banking and digitalpayment channels.
  • AlumUnite — AlumUnite is a purpose-built platform to connect all educated Africans to develop Africa's human capital through alumni groups. We crowd-resource education.
  • Reliance Health — Reliance Health Global. Improve the lives of your staff with innovative company healthcare benefits fit for any business. You can rely on us.
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GreenTec Capital Partners
VC Fund · Frankfurt, Hessen, Germany · 2 investments in Africa Biotechnology 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.
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U.S. International Development Finance Corp
VC Fund · Washington, District of Columbia, United States · 2 investments in Africa Biotechnology startups

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

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Investment focus

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

Investor stats

  • Total investments: 95
  • Round size: Post-IPO Debt $33M–$500M; Debt Financing $5M–$468M
  • Lead/follow: 74% lead, 26% 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.
  • Freshtohome — Freshtohome is an online grocery store that sells a range of seafood and meat to its users.The website’s range of products include fish, poultry, mutton, steaks, and fillet. Fish consists of shell, freshwater, and marine. Furthermore, it enables suppliers to supply their seafood and meat to the website.Freshtohome was launched in 2015 by ShanKadavil and is based in Bangalore.
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Futuregrowth Asset Management
VC Fund · Cape Town, NA - South Africa, South Africa · 2 investments in Africa Biotechnology startups

Futuregrowth manages the full range of fixed interest and developmental impact funds on behalf of our clients. We are committed to managing and investing our clients' funds in a responsible manner.

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Investment focus

  • Industry: Software, Transportation, Financial Services
  • Stage:Seed, Series B
  • Geography: South Africa, France, United States

Investor stats

  • Total investments: 18
  • Round size: Seed $1.9M–$5.3M; Series B $3.8M–$16M
  • Lead/follow: 72% lead, 28% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Flow — Flow enables automated social media advertising for the real estate industry, providing high volumes of quality property leads and brand building.
  • hearX Group — hearX is an award-winning start-up with the mission of providing affordable access to hearing healthcare using smart digital solutions. With a strong research and engineering background, we aim to democratize and decentralize hearing care, obliterating the traditional audiology model and market, which was never built to scale, instead providinghearing care to millions by leveraging our smart tech, big data and artificial intelligence expertise.The hearX Group four categories of solutions: Lead Generation and Remote Care solutions, Clinical solutions, Preventative Solutions as well as Direct to Consumer intervention solutions.We have had more than 1 000 000 tests and screenings done using our products across 39 countries. Our innovative solutions are as accurate, but faster, cheaper and easier to use than traditional methods. We pride ourselves in offering a fully managed service, providing an entirely new way to overcome traditional barriers to the detection and diagnosis of disabling hearing loss.
  • Inseco — Sustainable insect protein producers, converting organic by-products into nutritious protein. This high in protein product is used in animal feed, pet food, crop production, cosmetics and pharmaceuticals.
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University Technology Fund
VC Fund · Stellenbosch, NA - South Africa, South Africa · 1 investments in Africa Biotechnology startups

The University Technology Fund specifically focusses on commercialising technology, intellectual property, and research - Visit Us!

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Investment focus

  • Industry: Biotechnology, AgTech, Medical
  • Stage:Seed, Grant
  • Geography: South Africa

Investor stats

  • Total investments: 14
  • Round size: Seed $500k–$5M
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • Phyenti
  • Ancino Technologies
  • Green X Engineering
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AAIC Investment
VC Fund · Singapore, Central Region, Singapore · 1 investments in Africa Biotechnology startups

We will continue to invest and support the growth of innovative companies towards sustainable economic growth and solving social issues.

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Investment focus

  • Industry: Health Care, Medical, E-Commerce
  • Stage:Series A, Seed, Series B
  • Geography: Kenya, Egypt, Nigeria

Investor stats

  • Total investments: 25
  • Round size: Seed $450k–$12M; Series A $3M–$794M; Series B $16M–$40M
  • Lead/follow: 20% lead, 80% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Aumet — Aumet allows medical manufacturers and distributors increase their sales by sharing hospital inquiries, business news, search for products, and find potential clients.Manufacturers and distributors who work together connect and get verified so they share hospital inquiries, market business news between each other .Suppliers list their productsand connect with distributors who sell these products and select countries, where they are looking for distributors, in the meantime distributors, connects with their suppliers, search for new product and list their interests.
  • Chowdeck — Order food, groceries, drinks, medicines & everyday essentials from top restaurants, pharmacies, local markets, and stores near you. Fast delivery with Chowdeck.
  • Ilara Health — Ilara Health helps primary care clinics across Africa deliver better care.
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University of Cape Town
VC Fund · Cape Town, NA - South Africa, South Africa · 1 investments in Africa Biotechnology startups

University of Cape Town is a public research university that has previously been ranked as the top university in Africa. Originally established as South African College in 1829, where it was a school for boys, the College developed until in 1918 it was awarded full University Status with the power to award degrees. It is notable for itsresearch, particularly in Math, Applied Sciences and Medicine, as well as its history with political activism, especially during apartheid, where the University was a bastion for liberal progressivism and anti-apartheid demonstrations.

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Investment focus

  • Industry: AgTech, Aquaculture, Biotechnology
  • Stage:Seed
  • Geography: South Africa

Investor stats

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

Portfolio highlights

  • MariHealth Solutions (RF) (PTY) LTD — Proteomics-powered analytics for aquaculture. We quantify 3,000+ proteins per sample to deliver deep biological insights for fish health, nutrition, and farming.
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Anonymous Trust
VC Fund · San Francisco, California, United States · 1 investments in Africa Biotechnology startups

Trust

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Investment focus

  • Industry: Software, Computer, Internet
  • Stage:Pre-Seed, Series A, Seed
  • Geography: United States, South Africa, United Kingdom

Investor stats

  • Total investments: 8
  • Round size: Seed $393k–$720k; Pre-Seed $25k–$2M
  • Lead/follow: 63% lead, 37% follow

Portfolio highlights

  • The Index — The Index is a platform of cutting-edge technology used by clients in the fashion and retail industry to grow their companies and enhance their digital footprints
  • De Novo Foodlabs — Producing non-animal dairy proteins using precision fermentation
  • Smart Separations — Smart Separations is a limited company based in London UK that has patented an innovative microfiltration technology to produce ceramic filters with self-assembled controllable pores of uniform size in the range between <1 and 50µm. This tight pore size control and range availability will revolutionise the field of MF with a cost-effectiveproduct.It aims to be the world’s leader in MF and particle separations technology – filling the void gap that exists in the market nowadays.
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Access 48,091 investors

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

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Alethea Capital Management
VC Fund · Rancho Santa Fe, California, United States · 1 investments in Africa Biotechnology startups

Alethea Capital Management is an SEC-registered investment advisor founded in March of 2011. As an investment management and research firm, the mission of Alethea is simple – to provide the highest level of service and guidance to our clients with honesty, integrity, and transparency. The firm’s services include fee-based asset management,research/advanced quantitative systematization, manager/strategy evaluation, and comprehensive planning. Alethea’s center of operations is in San Diego, CA.

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Investment focus

  • Industry: Biotechnology, Health Care, Medical
  • Stage:Series A, Series B, Series C
  • Geography: United States, South Africa

Investor stats

  • Total investments: 5
  • Round size: Series A $2.5M–$10M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • 3X4Genetics — Scientifically-robust nutrigenomics (personalised nutrition guided by your own genetic stack). Practitioner education & genomic reporting
  • Lipidio Pharmaceuticals — A Unique Approach to Treating Obesity Precision Targeting of the Skin Exploiting the skin as an endocrine organ Historically regarded as a protective barrier organ, the skin is now recognized as an active endocrine organ capable of synthesizing, and secreting diverse hormones and signaling
  • SEngine Precision Medicine — The Search Engine For Identifying Personalized Cancer Treatments.
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E4EAfrica
VC Fund · Cape Town, NA - South Africa, South Africa · 1 investments in Africa Biotechnology startups

E4E Africa Backing category-defining emerging market businesses. We invest in businesses that drive economic opportunity and sustainable growth.Learn MoreE4E specializes ... Read More

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Investment focus

  • Industry: Logistics, Internet, Supply Chain Management
  • Stage:Seed, Pre-Seed, Series A
  • Geography: South Africa, The Netherlands, France

Investor stats

  • Total investments: 20
  • Round size: Seed $238k–$8M; Pre-Seed $1M–$1M; Series A $1M–$4.6M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • Kuunda — Kuunda provides consulting, liquidity management, data insight tools enabling users to fulfill financial needs through a digital platform.
  • Yebo Fresh — Yebofresh is a new online shopping service, delivering popular groceries straight into areas that are generally unserved by most formal retailers. Our unique business model and partnerships with manufacturers allow us to deliver top quality products and A-brands at extremely competitive prices. Yebofresh serves Imizamo Yethu, Langa, Khayelitsha,Mfuleni and Gugulethu and following recent seed funding, is rapidly expanding across the greater Cape Town area.
  • Conservio — Discover and Book South Africa's best nature accommodations with Conservio. Book vetted accommodations, easy and safe to book online.
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Mylkcubator
VC Fund · 1 investments in Africa Biotechnology startups

Investor stats

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

Portfolio highlights

  • De Novo Foodlabs — Producing non-animal dairy proteins using precision fermentation
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HAVAÍC
VC Fund · Cape Town, NA - South Africa, South Africa · 1 investments in Africa Biotechnology startups

HAVAÍC is an investment and advisory firm that specialises in early-stage, high-growth African businesses with proven concepts and global prospects, offering investment opportunities to sophisticated investors and international venture capital companies with an interest in Africa. As a complementary offering, HAVAÍC provides corporate advisory andcapital raising services to emerging, internationally scalable businesses.

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Investment focus

  • Industry: Software, Health Care, FinTech
  • Stage:Seed, Series A
  • Geography: South Africa, United States, Kenya

Investor stats

  • Total investments: 44
  • Round size: Seed $57k–$4M; Series A $1.9M–$15M
  • Lead/follow: 61% lead, 39% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • MPost — MPost means Mobile Post office.It enables any mobile phone user to have his or her phone act like a mobile post office. It allows you to make your mobile number be a formal postal address. With it, you get access to Postal Services through your mobile phone.
  • RecoMed — Find the best doctors and dentists. Search by location or by speciality, and find the right doctor for you.
  • AURA — A South African cloud-based security and safety startup .
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Launch Africa
VC Fund · Ebène, Plaines Wilhems, Mauritius · 1 investments in Africa Biotechnology 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: 162
  • Round size: Seed $200k–$4M; Pre-Seed $200k–$1.7M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: Likely still investing — raised $36M in 2022

Portfolio highlights

  • Fixit45 — Fixit45 also provides fleet management, auto parts sourcing and delivery, auto care, refurbishment and upgrades, repair financing, and mechanic workshop software as well as pre-purchase inspections, underlying these with moderation for compliance and accountability.
  • Gigmile — Gigmile provides financial services. They provide gig workers with core services and an affordable lease on productive assets that is tailored to their earnings to enable them to succeed in the mobility industry as entrepreneurs.
  • HomecomingEx — Homecoming Revolution is a pan-African recruitment firm for global African professionals. We specialise in headhunting & placing global African talent.
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Tencent
VC Fund · Shenzhen, Guangdong, China · 1 investments in Africa Biotechnology startups

Tencent is an internet service portal offering value-added internet, mobile, telecom, and online advertising services. Its communications and social platforms Weixin and QQ connect users with each other, with digital content and daily life services in just a few clicks. Tencent has maintained steady growth under its user-oriented operatingstrategies. It provides value-added internet, mobile, and telecom services, as well as online advertising under the strategic goal of providing users with "one-stop online lifestyle services." Tencent’s Internet platforms in China – QQ (QQ Instant Messenger), WeChat, QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai, and Tenpay – aim to address the various needs of internet users, including communication, information, entertainment, e-commerce, and others.In September 2013, Tencent's market valuation rose to $101 billion, and as of November 21, 2013, QQ had 2 billion active users and WeChat had 650 million monthly active users. The numbers of active users for QQ mail, Qzone, Tencent Weibo, and QQ news were 274 million, 626 million, 220 million, and 150 million, respectively.Tencent was founded in November of 1998. In April 2000, the IDG and PCCW invested a total of $2.2 million dollars in the company. Tencent was listed on the Hong Kong Stock Exchange (SEHK) on June 16, 2004. Baidu, Alibaba, and Netease are Tencent's major competitors.

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Investment focus

  • Industry: Software, Financial Services, Artificial Intelligence
  • Stage:Series B, Series A, Series C
  • Geography: China, United States, United Kingdom

Investor stats

  • Total investments: 539
  • Round size: Series A $3.5M–$140M; Series B $15M–$283M; Series C $34M–$400M
  • Lead/follow: 45% lead, 55% follow

Portfolio highlights

  • Utaite — Utaite is an operator of an entertainment platform that focuses on planning, production, and development of entertainment content.
  • Phytech — Helping the world's top growers to optimize production by connecting them to their plants. Welcome to the Plant-based Farming Revolution
  • Rocketwerkz — RocketWerkz aims to create interactive experiences that challenge players to reach for the stars.
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Standard Chartered Bank
VC Fund · London, England, United Kingdom · 1 investments in Africa Biotechnology startups, 25 in the past 12 months

Standard Chartered Bank offers personal and business banking services. Their solutions for companies include transaction banking and financial markets solutions. They also offer current accounts, savings accounts, credit cards, loans, and mortgage services.

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Investment focus

  • Industry: Financial Services, Energy, Finance
  • Stage:Debt Financing, Post-IPO Debt
  • Geography: India, Singapore, United Kingdom

Investor stats

  • Total investments: 107
  • Round size: Post-IPO Debt $100M–$3B; Debt Financing $70M–$1.3B
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • ACWA Power — ACWA Power is a developer, investor, co-owner and operator of a portfolio of power generation, renewable energy and desalinated water production plants.
  • Evren — Evren is a platform for generating power from renewable sources.
  • International Islamic Liquidity Management — International Islamic Liquidity Management is an international organisation established by central banks, monetary authorities.
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iLabAfrica
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in Africa Biotechnology startups

Research Centre under the Fac­ulty of Inform­a­tion Tech­no­logy at Strath­more Uni­ver­sity, @iLabAfrica was estab­lished in Janu­ary 2011 to spear­head research, innov­a­tion and entre­pren­eur­ship in the ICT for Devel­op­ment (ICT4D) eco­sys­tem towards the attain­ment of the UNDP Mil­len­nium Devel­op­ment Goals (MDGs) and Kenya’s Vis­ion2030. They recog­nise that the spread of ICT tech­no­lo­gies in devel­op­ing coun­tries remains pain­fully slow; con­demning a large frac­tion of Africa’s pop­u­la­tion to poverty, under­nour­ish­ment, dis­ease and dis­em­power­ment. They also recog­nise that this situ­ation is improv­ing in some coun­tries as a res­ult of the phe­nom­enal growth of the mobile tele­phony ser­vices. This improve­ment in data access and con­nectiv­ity has cre­ated a wealth of oppor­tun­it­ies for entre­pren­eurs to engage in mobile-​based ser­vices deliv­ery business.

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Investment focus

  • Industry: Agriculture, Biotechnology
  • Stage:Seed
  • Geography: Kenya

Investor stats

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

Portfolio highlights

  • Arbres Biotech — Arbres Biotech focuses on supplying seedlings of various plants to nurseries.
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Kale United
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Africa Biotechnology startups

Kale United offers a portfolio of over 75+ plant-based game changers

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Investment focus

  • Industry: Food and Beverage, Biotechnology, Food Processing
  • Stage:Seed, Pre-Seed
  • Geography: Sweden, United Kingdom, Canada

Investor stats

  • Total investments: 23
  • Round size: Seed $360k–$2.5M; Pre-Seed $100k–$2M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • Opalia — Opalia is introducing a new era of dairy: functional, delicious, and sustainable dairy made from mammary cells.
  • Hooked Foods — Leading the transition to a harmless seafood system by serving healthy vegan seafood for everybody to truly enjoy.
  • Cultimate Foods — At Cultimate, we are transforming the flavor and aroma industry with natural innovative ingredients.
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KFW DEG
VC Fund · Cologne, Nordrhein-Westfalen, Germany · 1 investments in Africa Biotechnology startups

KFW DEG offers financing, advice and support to private sector enterprises operating in developing and emerging-market countries. Their customers can rely on their expertise: They can benefit from their market knowledge, their 21 locations worldwide, and their international network. For entrepreneurial success and development.

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Investment focus

  • Industry: Financial Services, Energy, FinTech
  • Stage:Debt Financing, Grant
  • Geography: India, Kenya, United States

Investor stats

  • Total investments: 111
  • Round size: Grant $100k–$1.1M; Debt Financing $10M–$570M
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • Etana — PT Etana Biotechnologies Indonesia (Etana) is an emerging producer of high-quality, affordable and innovative biopharmaceuticals to treat a range of metabolic, autoimmune and other major life-threatening diseases, including cancer. Nathan Tirtana. Legend Capital. UOB Venture Management. Innovent Bio
  • IPT PowerTech — IPT PowerTech coverage, coupled with our extensive expertise in supply chain management, field implementation, and power systems, has made us one of the most capable companies in handling the most complicated and versatile projects in the MEA region and its neighboring countries.
  • Fourth Partner Energy — Top renewable energy company in India offering solar, wind, and hybrid solutions for commercial & industrial sectors.
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ShEquity
VC Fund · Ebène, Plaines Wilhems, Mauritius · 1 investments in Africa Biotechnology startups

ShEquity is to provide smart and sustainable investments for African female entrepreneurs and innovators.

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Investment focus

  • Industry: FinTech, Finance, Ride Sharing
  • Stage:Seed
  • Geography: Nigeria

Investor stats

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

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.
  • Owoafara — Financial Technology providing access to loans, savings and insurance for the underbanked
  • Shuttlers — Commute better with Shuttlers. Join 100k+ professionals using our safe, affordable bus sharing, vehicle rental, and employee transport services across Nigeria.
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Oak Drive ventures
VC Fund · Fort Bonifacio, Quezon City, Philippines · 1 investments in Africa Biotechnology startups

Oak Drive ventures will provide management support to a growing stable of operating companies. It combines decades of operational and investment experience to create value across various industries.

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Investment focus

  • Industry: CRM, Banking, FinTech
  • Stage:Seed, Series B, Series A
  • Geography: Philippines, France, South Africa

Investor stats

  • Total investments: 7
  • Round size: Seed $5.3M–$6.5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Hive Health — Hive Health is a digital platform that provides access to easy-to-use, affordable, and quality HMO plans for SMEs in the Philippines.
  • Inseco — Sustainable insect protein producers, converting organic by-products into nutritious protein. This high in protein product is used in animal feed, pet food, crop production, cosmetics and pharmaceuticals.
  • Netbank — Netbank provides various banking solutions like alternative lenders, payment solutions, neobanks, and wallets.
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DEG
VC Fund · Overland Park, Kansas, United States · 1 investments in Africa Biotechnology startups

DEG, a Merkle Company is a full-service digital agency purpose-built to meet clients in the moment with data-driven marketing, commerce, and collaboration solutions.

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Investment focus

  • Industry: Financial Services, FinTech, E-Commerce
  • Stage:Debt Financing, Grant
  • Geography: India, South Africa, Ghana

Investor stats

  • Total investments: 25
  • Round size: Grant $100k–$800k; Debt Financing $6.5M–$33M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • SUN Energy — SUN Energy - Pengembang Proyek PLTS Terkemuka untuk Mendukung Perjalanan Keberlanjutan Perusahaan Anda.
  • Turnkey Lender — Turnkey Lender is a Commercial lending software that can improve efficiency and reduce costs for financial services companies.
  • 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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Oxfam’s Enterprise Development Programme
VC Fund · Oxford, Oxfordshire, United Kingdom · 1 investments in Africa Biotechnology startups

Oxfam’s Enterprise Development Programme (EDP) is an innovative model that provides support to entrepreneurs in some of the world’s poorest countries to help them create and build viable, sustainable businesses. The resulting jobs and associated opportunities provide benefits for both the employees and the wider communities around them, liftingsome of the world’s poorest families out of poverty.

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Investment focus

  • Industry: Retail, Blockchain, E-Commerce
  • Stage:Grant, Series A
  • Geography: Tunisia, Ethiopia

Investor stats

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

Portfolio highlights

  • Farm Trust — Farm Trust is an E-commerce platform for fruits and vegetables that provide traceability through blockchain.
  • GreenPath Food — Greenpath Food is a worldwide food supplier of the highest quality organic, regeneratively-grown produce from small-scale East African Farms.
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Ministry of programming
VC Fund · Sarajevo, Federation of Bosnia and Herzegovina, Bosnia and Herzegovina · 1 investments in Africa Biotechnology startups

Build and scale world-class digital products with Ministry of Programming.

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Investment focus

  • Industry: Biotechnology
  • Stage:Pre-Seed
  • Geography: Sweden, South Africa

Investor stats

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

Portfolio highlights

  • BioCertica — BioCertica combines advanced genomics technology to interpret your DNA and provide recommendations to unlock a healthy lifestyle.
  • Nordic Angels — Join Nordic Angels, the largest investor network in the Nordics, to collaborate, connect, and strengthen the startup ecosystem through exclusive events and resources.
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V8 Capital Partners
VC Fund · Ebène, Plaines Wilhems, Mauritius · 1 investments in Africa Biotechnology 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, Software, Health Care
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Nigeria, Kenya, Ghana

Investor stats

  • Total investments: 11
  • Round size: Seed $2M–$3M; Series A $10M–$20M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • 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.
  • Yemaachi Biotechnology — Yemaachi Biotechnology uses cutting-edge immunogenomics, bioinformatics, and artificial intelligence to accelerate the development of cancer detection and cure strategies for lowering the economic burden of cancer.
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Sustainable Food Ventures
VC Fund · Raleigh, North Carolina, United States · 1 investments in Africa Biotechnology startups

SFV backs globally early-stage founders building leading Future of Food companies that are: #Cell-based #Plant-based #Recombinant

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Investment focus

  • Industry: Food and Beverage, Biotechnology, Food Processing
  • Stage:Pre-Seed, Seed, Angel
  • Geography: United States, India, Germany

Investor stats

  • Total investments: 36
  • Round size: Seed $845k–$4M; Pre-Seed $100k–$2.1M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • POW! Foods — Puta en gandia
  • Veggie Victory — VeggieVictory is Nigeria’s first plant-based food tech company bringing people a healthier and more sustainable lifestyle through plant-based meats and meals.
  • High Time Foods — High Time Foods provides shelf-stable and moldable plant-based meat alternatives to foodservice operators. Their first product is a plant-based chicken alternative that does not require refrigeration. The product is moldable and can be used in any cuisine as a substitute for chicken.
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VestedWorld
VC Fund · Chicago, Illinois, United States · 1 investments in Africa Biotechnology 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: 26
  • Round size: Seed $1.6M–$5.9M; Series A $2.5M–$4.4M; Series B $9M–$20M
  • Lead/follow: 27% lead, 73% 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.
  • Complete Farmer — Complete Farmer connects growers, buyers, and vendors with technology, support, and market access across Ghana and beyond.
  • 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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Opes Impact Fund
VC Fund · Milano, Lombardia, Italy · 1 investments in Africa Biotechnology startups

Opes-Lcef is an impact investor that provides catalytic capital to early-stage social enterprises in emerging markets.

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Investment focus

  • Industry: Communities, Agriculture, Energy
  • Stage:Seed, Series A
  • Geography: Italy, Kenya, India

Investor stats

  • Total investments: 43
  • Round size: Seed $219k–$910k
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • Refolo — Refolo is a type B social cooperative that sees social agriculture as having a dual impact: social and environmental. Refolo was created with the aim of creating an agro-ecological and social corridor that runs through the province of Brescia from north to south with the hope that administrations and other communities will come together to generatea positive impact on the environment and the community.Refolo operates in an area located between the municipalities of Brescia, Collebeato, Villa Carcina and Montirone, territories that share the presence of agricultural areas that over the years have been abandoned due to their unsuitability for intensive agriculture and lack of interest by new generations and that are now ready to start again.
  • 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.
  • Sistema.bio — Sistema.bio is a biodigester with biogas appliances. High efficiency biodigesters transform organic waste into renewable biogas.
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Africa50
VC Fund · Casablanca, Grand Casablanca, Morocco · 1 investments in Africa Biotechnology startups

Africa50 is an infrastructure investment platform that contributes to Africa's growth by developing and investing in bankable projects, catalyzing public sec...

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Investment focus

  • Industry: Transportation, Education, Infrastructure
  • Stage:Private Equity, Series A
  • Geography: Kenya, Morocco, Egypt

Investor stats

  • Total investments: 12
  • Lead/follow: no public data

Portfolio highlights

  • PAIX — PAIX data centres is a Pan-African provider of cloud- and carrier-neutral colocation data centre services and is headquartered in Amsterdam, The Netherlands. PAIX is the acronym for “Pan African Internet Exchange data centres”. PAIX was founded in 2016 by a team of data centre, telecom industry and investment professionals with a track record inthe African market. In its data centre operations, PAIX aims to offer a leading global quality service level to its national and international customer base across the African continent.
  • 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.
  • Raya Data Center — Raya Data Center leads the area data services industry by empowering organizations with innovative digital solutions and superior customer service. It provides a wide range of services, including public and private cloud hosting, cybersecurity, managed services, business continuity support, and more, to clients in a variety of industries in theMiddle East and Africa.
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