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Top 10 Clean Energy VC Funds & Investors in Kenya (July 2026)

The most active venture capital funds investing in Kenya Clean Energy startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Kenya Clean Energy startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Novastar Ventures
VC Fund
5 Kenya, Nigeria, United Kingdom Series A, Series B Agriculture, Health Care, Internet $1.7M–$42M
E3 Capital
VC Fund
3 Kenya, South Africa, United States Seed, Series A, Series B Energy, Solar, Renewable Energy $900k–$40M
Global Partnerships
VC Fund
3 Kenya, United States Series A, Seed Clean Energy, Renewable Energy, Solar $1.7M–$10M
Kepple Africa Ventures
VC Fund
3 Nigeria, Kenya, Egypt Seed, Pre-Seed Financial Services, FinTech, Software $300k–$4.5M
Acumen
VC Fund
2 United States, India, Kenya Seed, Series A Agriculture, Solar, Health Care $300k–$12M
Mani Kapital
VC Fund
2 Kenya Communities, Clean Energy, Renewable Energy
AXA Investment Managers
VC Fund
2 United States, France, United Kingdom Series A, Series B, Series C Medical, Biotechnology, Financial Services $3M–$158M
Beyond Capital
VC Fund
1 India, United States, Egypt Seed, Pre-Seed, Series B Health Care, Medical Device, Financial Services $357k–$44M
Aster Capital
VC Fund
1 United Kingdom, Kenya, France Series A Automotive, Sensor, Battery $3.5M–$30M
Aster
VC Fund
1 France, United States, United Kingdom Series A, Series B Energy, Software, Manufacturing $1.6M–$27M
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Investor list

Novastar Ventures
VC Fund · Nairobi, Nairobi Area, Kenya · 5 investments in Kenya Clean Energy 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: 67
  • Round size: Series A $1.7M–$24M; 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
  • Turaco — Turaco develops simplified insurance and credit solutions through mobile technology to solve the healthcare financing needs. Turaco has simplified insurance products and also provides on-demand health loans, allowing customers to get healthcare at affordable monthly premiums.
  • Moniepoint — Moniepoint provides an all-in-one payments, banking and operations platform for businesses and their customers.
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E3 Capital
VC Fund · Paris, Ile-de-France, France · 3 investments in Kenya Clean Energy startups

E3 Capital invests in growing, entrepreneurial businesses in Sub-Saharan Africa addressing the lack of electrification in the region with new technology and innovative business models. The fund is backed by Schneider Electric, the leading energy management multinational, and a number of public-sector investors.

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Investment focus

  • Industry: Energy, Solar, Renewable Energy
  • Stage:Seed, Series A, Series B
  • Geography: Kenya, South Africa, United States

Investor stats

  • Total investments: 49
  • Round size: Seed $900k–$8M; Series A $1.8M–$7.5M; Series B $9M–$40M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • GoCab — GoCab is fintech solution providing Drive-to-own option for vehicle purchase in Emerging markets, helping to bridge the gap between mobility entrepreneurs and financial services.
  • Plentify — Plentify connects home appliances with cheaper cleaner energy. It does this with an intelligent residential load management platform which matches demand with clean energy supply for 75% cheaper than batteries. Plentify combines advanced hardware, AI, and user-centric design to create smart home products that delight customers while alsostrengthening electricity systems.
  • SolarX Africa — SolarX commercial and industrial (C&I) solar company that provides clean and efficient solar solutions, through leasing options in frontier markets.
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Global Partnerships
VC Fund · Seattle, Washington, United States · 3 investments in Kenya Clean Energy startups

Global Partnerships is an impact-first investor dedicated to expanding opportunity for people living in poverty. For 25 years GP has invested in sustainable solutions that help impoverished people increase their incomes and improve their lives, with core investments in livelihoods, education, health, energy, housing, and sanitation. Since inceptionGP has deployed $356.5 million in impact investments to 135 partners, bringing meaningful impact to over 14.7 million lives in 21 countries.What is Impact-First Investing?Impact-first investing means investing in a way that seeks the highest possible social impact, while seeking to preserve capital with a modest financial return for investors.Impact-first investing is distinctly different from return-first investing, which seeks the highest possible financial return (often without consideration of social or environmental consequences), and from philanthropy, which seeks the highest social impact without any preservation of capital.We believe that impact-first investing has an essential role to play in advancing sustainable solutions to poverty for millions of people worldwide.What Does Impact Mean to Global Partnerships?All of our impact-first investing is aimed at empowering poor and marginalized people to earn a living, provide the basic necessities of life for their families, and improve their lives. We seek social impact on four dimensions:Broadening Opportunity – We have a holistic understanding of poverty, so we invest across all facets of poverty: livelihoods, education, energy, health, housing, sanitation, and water.Deepening Inclusion – We invest at the edge of the market, emphasizing approaches that include people marginalized by depth of poverty, gender, and/or geography, including women and the rural poor.Serving Millions – We believe that every person matters, and want to expand opportunity for as many people as possible. We therefore focus on sustainable approaches that can, over time, scale to serve millions of people living in poverty.Improving Lives – We only invest where evidence convinces us that people living in poverty value the opportunity being delivered and are empowered by it – economically or otherwise – to improve their lives.

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Investment focus

  • Industry: Clean Energy, Renewable Energy, Solar
  • Stage:Series A, Seed
  • Geography: Kenya, United States

Investor stats

  • Total investments: 6
  • Round size: Series A $1.7M–$10M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: May invest from a new fund soon — raised $5M in 2018

Portfolio highlights

  • Turaco — Turaco develops simplified insurance and credit solutions through mobile technology to solve the healthcare financing needs. Turaco has simplified insurance products and also provides on-demand health loans, allowing customers to get healthcare at affordable monthly premiums.
  • Eneza Education — Eneza Education, a.k.a. MPrep, was founded in 2011 by Kenyan teachers and educators serious about making technology useful for their students. From the rural areas of Nyanza to Wajir Town and the Mombasa Coast, Kenyan teachers united to create the content of our initial Class 7 and Class 8 study tool. We wanted a tool that combined the best ofgreat teaching practices: scaffolded assessments, direct feedback, and high engagement. And we wanted to make sure ALL kids had access to our system. What better way to start than with a simple SMS-based system?
  • Sun King — Greenlight sells, installs and finances solar home systems for the 1.8 billion off-grid and under-electrified consumers in Africa and Asia.
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Kepple Africa Ventures
VC Fund · Tokyo, Tokyo, Japan · 3 investments in Kenya Clean Energy startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Intmax — INTMAX has developed significant innovations in ZK implementation making it a unique Layer2 rollup network that offers low cost, security, tunable privacy, and above all, scalability.
  • TIBU Health — TIBU Health is a disruptive HealthTech logistics company that provides high-quality healthcare services.
  • Onboard — Onboard helps hardware companies transform their text manuals to 3D, intelligent manuals with instant customer support capabilities.
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Acumen
VC Fund · New York, New York, United States · 2 investments in Kenya Clean Energy startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

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

Mani Kapital is an investment management firm.

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Investment focus

  • Industry: Communities, Clean Energy, Renewable Energy
  • Geography: Kenya

Investor stats

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

Portfolio highlights

  • Sanergy — The Sanergy Collaborative is a partnership of 3 independent companies, who are united by a common vision. Explore more about our vision here!
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AXA Investment Managers
VC Fund · Puteaux, Ile-de-France, France · 2 investments in Kenya Clean Energy startups

AXA Investment Managers is a global investment management firm that manages assets on behalf of its institutional and retail clients.

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Investment focus

  • Industry: Medical, Biotechnology, Financial Services
  • Stage:Series A, Series B, Series C
  • Geography: United States, France, United Kingdom

Investor stats

  • Total investments: 49
  • Round size: Series A $3M–$26M; Series B $16M–$100M; Series C $14M–$158M
  • Lead/follow: 57% lead, 43% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Meva Energy — Meva Energy provides gasification technology for the development of renewable energy from small fraction fuels. The company was founded in 2008 and is based in Sweden.
  • Latour Capital — In creating the VCF Latour Capital at the request of some great French entrepreneurs, we wanted to build a new tool entirely focused investment , majority LBO in business to potential.
  • Hayfin Capital Management — Hayfin is one of Europe's leading alternative private debt asset management firm, providing finance to companies and superior risk-adjusted returns...
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Beyond Capital
VC Fund · New York, New York, United States · 1 investments in Kenya Clean Energy startups

Beyond Capital Fund is an evergreen impact investment fund that invests in for-profit, early-stage companies in East Africa and India. The fund invests in companies that aim to improve access to health care, sanitation, clean energy, agriculture and food security, and financial inclusion, all of which can help consumers at the bottom of theeconomic pyramid live better lives. Despite the fact that the fund seeks market-rate financial returns, Beyond Capital is structured as a nonprofit, allowing the organization to emphasize fidelity to its social mission alongside its financial mandate.Beyond Capital, headquartered in New York, was established in 2009.

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Investment focus

  • Industry: Health Care, Medical Device, Financial Services
  • Stage:Seed, Pre-Seed, Series B
  • Geography: India, United States, Egypt

Investor stats

  • Total investments: 27
  • Round size: Seed $357k–$4M; Pre-Seed $800k–$1.5M; Series B $20M–$44M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Wellth — Improve quality scores, reduce high cost utilization, address health equity, and improve member satisfaction by using the right incentive at the right time to create life-changing healthy habits through Wellth.
  • Floworks AI — Deploy AI agents that prospect, personalise emails, handle replies and book meetings 24/7. Floworks AI replaces repetitive SDR work so your team closes more deals.
  • Haqdarshak — Made with Framer
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Aster Capital
VC Fund · France, Idaho, United States · 1 investments in Kenya Clean Energy startups

VC fund

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Investment focus

  • Industry: Automotive, Sensor, Battery
  • Stage:Series A
  • Geography: United Kingdom, Kenya, France

Investor stats

  • Total investments: 5
  • Round size: Series A $3.5M–$30M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Hadean — Synthetic Environments that provide cutting edge training, real-time situational understanding and predictive intelligence for Governments, National Security and Commercial Enterprises
  • Warehousing1 — Warehousing1 is building the number one warehousing and distribution network in Europe. Companies can utilize the innovative platform to find ideal warehousing solutions anywhere, manage them digitally and optimize processes by gaining real-time visibility and data transparency.
  • Eatron Technologies — Delivering AI-powered Battery Optimisation Software that Enhances Safety, Extends Lifetime, and Boosts Performance for Lithium-ion Batteries.
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Aster
VC Fund · Paris, Ile-de-France, France · 1 investments in Kenya Clean Energy startups

Aster is a Venture Capital firm with offices in 4 major innovation hubs: Paris, London, Tel Aviv and San Francisco. Since 2000, they have partnered with more than 60 teams of entrepreneurs that are transforming markets with disruptive offers and technologies. They are always open to exploring new ideas related to mobility, energy and industrysectors that they have been covering until now. They invest in all stages, with a preference for the early phase.They are more than investors and they intend to act as an ally for entrepreneurs by connecting them to a valuable ecosystem of experts, influencers and business leaders. From marketing to executive talent, their commitment to the growth of their portfolio companies as well as the entire venture ecosystem also involves the commitment of their dedicated Operations team, their innovation strategy consulting firm (Aster Fab) and a crowdfunding branch to further expand opportunities (Aster Crowd).Some of their success stories include Solairedirect (acquired by Engie in 2015), Digital Lumens (acquired by Osram in 2017) and Avantium (IPOed in 2017).

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Investment focus

  • Industry: Energy, Software, Manufacturing
  • Stage:Series A, Series B
  • Geography: France, United States, United Kingdom

Investor stats

  • Total investments: 137
  • Round size: Series A $1.6M–$22M; Series B $6.6M–$27M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: May invest from a new fund soon — raised $281M in 2017

Portfolio highlights

  • Easybike — Easybike designs and manufactures a range of bikes that run on electricity. It offers its clients two major ranges of bikes which includes Liberty range and Infinity range.The company is driven by a vision to democratize innovative mode of travel. Easybike was known as one of the first brands in France to have specialized in electric bikes andtailor-made solutions. Easybike was founded in 2010 and is based in Paris, France.
  • Iceotope — Iceotope has developed technology with a blank drawing board and an open mind. So when we look at conventional problems, we find unconventional solutions.Built around our liquid-cooling approach and shaped by an extensive portfolio of patents, we’ve proven what our technology can do for HPC and data centre applications - dramatically reducingenergy consumption, space and noise. But it’s just the start. We’re going to keep innovating, working toward a day when wasteful, inefficient air-cooling is a thing of the past. We have created a business to look forward, but we’re also proud of the heritage that British engineering is built on. Iceotope is delighted to own the Made in Sheffield mark to show our dedication to the area’s tradition of engineering excellence. With decades of technical, design and engineering experience, we’ve established Iceotope as a trusted partner at the forefront of liquid-cooling technology. Now we’re investing to make sure we stay there: refining our designs, improving performance and engineering new applications.
  • Aether Fuels — Enabling a net zero world through sustainable liquid fuels.
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Clean Energy VC funding in Kenya at a glance

Stats across 23 deals from 25 investors.

25
investors
in Kenya Clean Energy startups
23
deals
in Kenya Clean Energy startups
$1.7M
median round
in Kenya Clean Energy startups
48%
lead investors
lead at least one round
26%
Grant
most common funding stage

Access all 25 VC funds in Kenya Clean Energy startups.

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