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Top 35 CleanTech Startup Investors in Africa (September 2026)

The most active venture capital funds and angel investors investing in Africa CleanTech startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Africa CleanTech startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Acumen
VC Fund
5 United States, India, Kenya Seed, Venture - Series Unknown Agriculture, Solar, Farming $300k–$10M
At One Ventures
VC Fund
2 United States, United Kingdom, Canada Seed, Series A, Series B Energy, Manufacturing, Agriculture $2.9M–$70M
Equator
VC Fund
2 Kenya, United States, United Kingdom Seed, Venture - Series Unknown, Series A Software, Renewable Energy, Agriculture $1.8M–$15M
Shell Foundation
VC Fund
2 India, United States, Kenya Grant, Seed, Series A Energy, Financial Services, Solar $300k–$12M
Tamwilcom
VC Fund
1 Morocco Pre-Seed CleanTech, Customer Service
TRINE
VC Fund
1 Kenya, Germany, Nigeria Debt Financing, Seed Solar, Energy, Renewable Energy $543k–$16M
BESTSELLER Foundation
VC Fund
1 Kenya, India, Uganda Debt Financing, Seed, Series A E-Commerce, Waste Management, Art $100k–$100k
Cordaid Investment Management
VC Fund
1 Sierra Leone, Mali, France Debt Financing Solar, Energy, Manufacturing $563k–$1M
Energise Africa
VC Fund
1 Kenya, Uganda, Germany Debt Financing, Venture - Series Unknown Renewable Energy, Energy, Solar $200k–$4M
All On
VC Fund
1 Nigeria, France, Senegal Venture - Series Unknown, Seed, Grant Renewable Energy, Energy, Solar $50k–$4M
Foreign, Commonwealth & Development Office
VC Fund
1 Ghana Seed CleanTech, Smart Cities, Electric Vehicle
Witamax
VC Fund
1 Morocco, France Seed, Pre-Seed Software, Information Technology, B2B $220k–$2.3M
GAIA Impact Fund
VC Fund
1 Singapore, South Korea, France Series A, Series B, Seed Energy, Solar, Renewable Energy $100k–$40M
Autodesk Foundation
VC Fund
1 United States, Kenya, Uganda Seed, Series A, Series B Energy, Renewable Energy, CleanTech $2.1M–$40M
Smart Cities Innovation Programme
VC Fund
1 Kenya, Uganda, Nigeria Non-Equity Assistance, Grant, Pre-Seed FinTech, Transportation, Financial Services
FEI-OGEF
VC Fund
1 Kenya, France, Senegal Debt Financing Solar, Energy, Renewable Energy $2.4M–$11M
UNCDF
VC Fund
1 Kenya, Bangladesh, United Kingdom Grant, Debt Financing, Pre-Seed Solar, AgTech, Energy $50k–$5M
Mercy Corps Ventures
VC Fund
1 Kenya, United States, Nigeria Seed, Pre-Seed, Series A Financial Services, FinTech, AgTech $600k–$12M
Transforming Energy Access
VC Fund
1 Ghana Grant, Debt Financing CleanTech, Smart Cities, Electric Vehicle
Injaro Investments
VC Fund
1 Ghana, Côte d'Ivoire, Niger Private Equity, Seed, Secondary Market Agriculture, Farming, CleanTech
Azur Innovation Management
VC Fund
1 Morocco, France Seed, Venture - Series Unknown, Pre-Seed E-Commerce, Health Care, B2B $540k–$2.1M
BREEGA
VC Fund
1 France, United Kingdom, United States Seed, Series A Software, FinTech, Financial Services $1.1M–$24M
Mulago Foundation
VC Fund
1 United States, Nigeria, Ghana Grant, Seed, Pre-Seed Agriculture, Health Care, Education $190k–$4M
Wangara Green Ventures
VC Fund
1 Ghana, Nigeria Seed, Venture - Series Unknown, Pre-Seed Agriculture, AgTech, Energy $330k–$500k
E3 Capital
VC Fund
1 Kenya, South Africa, United States Seed, Series A, Series B Energy, Solar, Renewable Energy $900k–$40M
Azur Innovation Fund
VC Fund
1 Morocco, France Seed, Venture - Series Unknown, Series A Retail, SaaS, FinTech $819k–$2.3M
Richard Thwaites
Angel
1 Ghana Seed, Pre-Seed CleanTech, Solar, Software
Delta40
VC Fund
1 Kenya, Ghana, Uganda Seed, Venture - Series Unknown, Pre-Seed Agriculture, Solar, AgTech $1.3M–$2.3M
FMO
VC Fund
1 India, Kenya, The Netherlands Debt Financing, Post-IPO Debt, Series B Financial Services, Finance, Renewable Energy $5M–$420M
The Currency Exchange Fund
VC Fund
1 Sierra Leone Debt Financing Solar, Energy, Retail
Standard Chartered Women in Technology
VC Fund
1 Kenya, Ghana Seed, Grant, Pre-Seed Health Care, Information Technology, E-Commerce $9k–$121k
Factor E
VC Fund
1 Kenya, United States, India Seed, Series A, Convertible Note Energy, Renewable Energy, Agriculture $20k–$10M
Triodos Investment Management
VC Fund
1 India Series A, Series C Agriculture, AgTech, Energy
The World We Want
VC Fund
1 Kenya Series A CleanTech, Automotive, Electronics
Cygnum Capital
VC Fund
1 Sierra Leone Solar, Energy, Retail
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Acumen
VC Fund · New York, New York, United States · 5 investments in Africa CleanTech 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, Farming
  • Stage:Seed, Venture - Series Unknown
  • Geography: United States, India, Kenya

Investor stats

  • Total investments: 204
  • Round size: Seed $300k–$2.5M; Venture - Series Unknown $651k–$10M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely actively investing — fresh fund, raised $123M in 2025

Portfolio highlights

  • PrePex — Non Surgical Male Circumcision for HIV Prevention and social enterprise, offering innovative, affordable and scalable public healthcare solutions
  • Sproxil — Sproxil is an information technology company that focuses on supply chains and consumer engagement. It specializes in brand protection, consumer engagement, anti-counterfeiting, product authentication, and consumer promotions. The company was founded in 2009 and headquartered in Cambridge, Massachusetts.
  • eBik — eBik is an innovation-driven company that builds high-quality products by investing in R&D, innovation, and automation.
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At One Ventures
VC Fund · San Francisco, California, United States · 2 investments in Africa CleanTech startups

At One Ventures finds, funds, and grows teams to catalyze a world where humanity is a net positive to nature.

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Investment focus

  • Industry: Energy, Manufacturing, Agriculture
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 75
  • Round size: Seed $2.9M–$15M; Series A $6.9M–$23M; Series B $17M–$70M
  • Lead/follow: 45% lead, 55% follow

Portfolio highlights

  • Cruz Foam — Cruz Foam offers certified compostable, protective packaging foam and other solutions. Let us help you transition to compostable foam packaging solutions, today.
  • Modern Hydrogen — Modern Electron is a breakthrough energy technology company. Their mission is to provide affordable electricity to anyone, anywhere, anytime.
  • Colossal Biosciences — The science of genetics. The business of discovery.
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Equator
VC Fund · Nairobi, Nairobi Area, Kenya · 2 investments in Africa CleanTech startups

A venture capital firm investing in tech-enabled, early-stage ventures that are accelerating an equitable climate transition in Sub-Saharan Africa.

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Investment focus

  • Industry: Software, Renewable Energy, Agriculture
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: Kenya, United States, United Kingdom

Investor stats

  • Total investments: 11
  • Round size: Seed $1.8M–$5M; Series A $14M–$15M
  • Lead/follow: 64% lead, 36% follow

Portfolio highlights

  • Leta — Leta Technology is a software development company that creates supply chain and logistics software to enable the efficient and automated movement of goods.
  • Open Access Energy — South Africa's first multilateral wheeling software platform that automates energy transactions.
  • SHYFT Power Solutions — SHYFT builds industrial-grade IoT and integrated software to connect and intelligently manage distributed energy resources (DERs) in markets that struggle with resiliency. SHYFT is pioneering the development of integrated decentralized power systems in emerging markets like Nigeria, leapfrogging over traditional central infrastructure and enablingDERs to scale and support existing but unreliable grids.
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Shell Foundation
VC Fund · London, England, United Kingdom · 2 investments in Africa CleanTech startups

Shell Foundation is a philanthropic foundation that enables millions of people in Africa and Asia to increase their incomes with clean energy solutions.

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Investment focus

  • Industry: Energy, Financial Services, Solar
  • Stage:Grant, Seed, Series A
  • Geography: India, United States, Kenya

Investor stats

  • Total investments: 31
  • Round size: Seed $790k–$1.7M; Grant $300k–$5.5M; Series A $7M–$12M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • Kofa — Kofa is an automotive company that utilizes the latest electric battery and motor technology. The company aims to develop an affordable, sustainable and customer driven electric network in transformative energy, transport, and climate change around the globe. Kofa was founded in Ghana and is headquartered in Accra.
  • Sistema.bio — Sistema.bio is a biodigester with biogas appliances. High efficiency biodigesters transform organic waste into renewable biogas.
  • Mufin Green Finance — Mufin Green Finance is an NBFC that specialises in the electric vehicle (EV) market.
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Tamwilcom
VC Fund · Rabat, Rabat-Sale-Zemmour-Zaer, Morocco · 1 investments in Africa CleanTech startups

TAMWILCOM represents the sole intervenor of the state in matters of public guarantee of financing.

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Investment focus

  • Industry: CleanTech, Customer Service
  • Stage:Pre-Seed
  • Geography: Morocco

Investor stats

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

Portfolio highlights

  • WashMinute — Washminute strives to transform car washing into a smart, eco-friendly service that saves resources, creates jobs, and sets a new standard for cleantech innovation in Morocco and abroad.
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TRINE
VC Fund · Gothenburg, Vastra Gotaland, Sweden · 1 investments in Africa CleanTech startups

Trine makes it easy for people to invest in solar energy in growing markets, offering a return on investment that's good for people, for planet and for profit.

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Investment focus

  • Industry: Solar, Energy, Renewable Energy
  • Stage:Debt Financing, Seed
  • Geography: Kenya, Germany, Nigeria

Investor stats

  • Total investments: 17
  • Round size: Debt Financing $543k–$16M
  • Lead/follow: 82% lead, 18% follow

Portfolio highlights

  • Miale Solar — Miale Solar Inventions offer Power Purchase- or Lease to Own Agreements solar PV systems generating electricity with positive cash flow from year one
  • Stride — Stride is a forward-thinking renewable energy firm to advance a sustainable future by providing eco-friendly home renovation projects, smart home technology, energy-efficient products, and solar energy access to every household.
  • Altech Group — Altech Group aims at expanding access to clean, renewable, and affordable energy both for poor-grid and off-grid households.
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BESTSELLER Foundation
VC Fund · 1 investments in Africa CleanTech startups

BESTSELLER Foundation

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Investment focus

  • Industry: E-Commerce, Waste Management, Art
  • Stage:Debt Financing, Seed, Series A
  • Geography: Kenya, India, Uganda

Investor stats

  • Total investments: 7
  • Round size: Debt Financing $100k–$100k
  • Lead/follow: 57% lead, 43% follow

Portfolio highlights

  • ANKA — ANKA is a platform to discover, buy, and sell African fashion, arts, and crafts. ANKA’s goal is to allow African creation lovers to live their passion while allowing the creators to live from theirs. ANKA facilitates transactions and exchanges directly between buyers and sellers on both sides of the world, in a user-friendly and secure way.
  • Yo-Waste — The Yo-Waste cloud platform helps government & private garbage collection companies and municipal authorities to manage garbage collection logistics such as maximizing garbage collection locations while lowering operating costs in terms of fuel expenses and others. This is all achieved through our hauler app and garbage collection andscheduling mobile applications.Our core objectives as a company include; To create a full waste & recycling company focussed on sustainability To work with customers and recycling firms to divert wastes from landfills To develop new & innovative technologies focussed on waste management & recycling To disrupt the waste management industry in Africa To connect haulers & recyclers with businesses & households to reduce unnecessary waste transportation costs and save both environmental & economic resources. To help haulers & recyclers get more clients and earn extra income
  • Powered by People — Powered by People is a values-driven wholesale platform featuring handmade, ethical products from makers in over 40 countries. Sign up now for pre-approved credit and net 60 terms at poweredbypeople.com
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Cordaid Investment Management
VC Fund · The Hague, Zuid-Holland, The Netherlands · 1 investments in Africa CleanTech startups

We are one of the few social impact investors committed to deploying capital to the most underserved markets in the world.

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Investment focus

  • Industry: Solar, Energy, Manufacturing
  • Stage:Debt Financing
  • Geography: Sierra Leone, Mali, France

Investor stats

  • Total investments: 4
  • Round size: Debt Financing $563k–$1M
  • Lead/follow: 75% lead, 25% follow

Portfolio highlights

  • Qotto — Qotto designs a "triple play" offer including a solar kit, access to the internet and / or financial services , intended for peri-urban or rural populations with limited or nonexistent access to electrical and telecommunications networks. we transform the daily lives of our customers by installing solar kits to help you achieve yourdreams, we offer electric autonomy with great flexibility and quality customer service.
  • Energy+ — Energy+ is a Malian off-grid solar company. It is the exclusive importer, distributor, and reseller of d.light off-grid solar (OGS) products in Mali.
  • Capitol Foods — NurturingNature's Best Discover the Taste of Sierra Leone Organic Practices, Outstanding Flavors Ethically Sourced, Exceptionally Delivered From the Farms to Your Table Sustainable Practices, Outstanding Flavor The refreshing, crisp flavour of ripe apples captured in a delightful beverage Send a Message Capitol Foods - Your Choice for Natural Goodness Discover More
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Energise Africa
VC Fund · Oxford, Oxfordshire, United Kingdom · 1 investments in Africa CleanTech startups

No longer using this platform, continue the conversation at @energiseafrica.bsky.social

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Investment focus

  • Industry: Renewable Energy, Energy, Solar
  • Stage:Debt Financing, Venture - Series Unknown
  • Geography: Kenya, Uganda, Germany

Investor stats

  • Total investments: 6
  • Round size: Debt Financing $200k–$1.4M; Venture - Series Unknown $1M–$4M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Oolu — Oolu is the fastest growing off-grid solar company West Africa. Our Vision is to be the leading energy and financial service provider to millions of customers in the developing world.Our model, developed with local communities, allows us to reach off-grid households in rural villages offering them modern energy access. With a monthly paymentmodel reducing barriers to access, as well as maintenance, parts and battery replacements included in our service, we save our clients money and assure them a continuous, dependable source of energy. In Wolof, a national language of Senegal, Oolu means ‘trust’. By building trust with the communities in which we work, we can grow together.
  • Redavia — Solar In Ghana, REDAVIA provides clean and reliable energy to customers in sub-Saharan Africa. Affordable solar power for business in Ghana
  • Maskh Nigeria — Maskh Nigeria Limited is an infrastructure firm composed of professionals with experience in renewable energy, construction, engineering, electrification, and procurement services. Spanning decades of operations, the company delivers efficient solutions for both government ministries and private sector clients.
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All On
VC Fund · Ikoyi, Lagos, Nigeria · 1 investments in Africa CleanTech startups

All On: Energy Innovations. Powerful Collaboration. Our mission is to increase access to commercial energy products and services for under-served and un-served off-grid energy markets in Nigeria, with a special focus on the Niger Delta sources in Nigeria.

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Investment focus

  • Industry: Renewable Energy, Energy, Solar
  • Stage:Venture - Series Unknown, Seed, Grant
  • Geography: Nigeria, France, Senegal

Investor stats

  • Total investments: 27
  • Round size: Seed $100k–$2.5M; Grant $50k–$395k; Venture - Series Unknown $500k–$4M
  • Lead/follow: 56% lead, 44% follow

Portfolio highlights

  • Eja-Ice — Eja-Ice is a technology company that provides solar cold chain systems, refrigeration solutions, and temperature-controlled transport.
  • Maskh Nigeria — Maskh Nigeria Limited is an infrastructure firm composed of professionals with experience in renewable energy, construction, engineering, electrification, and procurement services. Spanning decades of operations, the company delivers efficient solutions for both government ministries and private sector clients.
  • Hinckley Recycling — Hinckley Recycling is dedicated to the responsibility of being a good steward of the environment and will in all circumstances aspire to constantly emphasize awareness of the natural environment, whilst maintaining a level of proficiency which demonstrates bona fide leadership in all spheres of the environment.
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Access 48,091 investors

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

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Foreign, Commonwealth & Development Office
VC Fund · 1 investments in Africa CleanTech startups

Foreign, Commonwealth & Development Office is a government organization.

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Investment focus

  • Industry: CleanTech, Smart Cities, Electric Vehicle
  • Stage:Seed
  • Geography: Ghana

Investor stats

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

Portfolio highlights

  • Kofa — Kofa is an automotive company that utilizes the latest electric battery and motor technology. The company aims to develop an affordable, sustainable and customer driven electric network in transformative energy, transport, and climate change around the globe. Kofa was founded in Ghana and is headquartered in Accra.
  • SOLshare — Sustainable, affordable energy access for low income rural people is possible right now. Their decentralised peer-to-peer microgrids deliver solar power to households and businesses, and enable them to trade their (excess) electricity for profit.SOLshare has created a revolutionary new approach to bring affordable solar electricity toeveryone in Bangladesh and beyond through its peer-to-peer solar energy trading platforms based on distributed ledger technology. They believe the smart peer to peer grids they are building in Bangladesh can be the future for utilities globally. SOLshare pioneers a micro-energy transition model 3.0 by interconnecting solar home systems in peer-to-peer networks, monetizing excess solar energy along the value chain in real time with mobile money and empowering communities to earn a direct income from the sun.
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Witamax
VC Fund · Casablanca, Grand Casablanca, Morocco · 1 investments in Africa CleanTech startups

Witamax is Startup investment firm managed by WITA Ventures. As the first club-deal-focused and family office-backed VC in the country, it operates with a "smart capital" approach filling a niche by blending private investment and strategic advisory to early-stage startups. Witamax focuses on seed and pre-seed rounds, making it one ofthe primary players supporting Moroccan startups at their earliest stages, especially those with potential for regional or international expansion.

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Investment focus

  • Industry: Software, Information Technology, B2B
  • Stage:Seed, Pre-Seed
  • Geography: Morocco, France

Investor stats

  • Total investments: 12
  • Round size: Seed $220k–$2.3M; Pre-Seed $220k–$600k
  • Lead/follow: 58% lead, 42% follow

Portfolio highlights

  • ENAKL — Enakl, is a tech mobility company providing bus sharing solutions for commute rides in Africa. Our technology allows us to collect data to predict demand for commute rides, pool users per destination and create routes that will be operated by professional drivers. Our innovative business model enables affordable pricing, promoting socialinclusion. By offering flexible, safe and convenient transport options, Enakl is helping to solve the problems of congestion and access to transport in Africa.
  • ZSystems — ZSystems is a transformative super app designed to redefine B2B trade.
  • ORA Technologies — E-Commerce, Super App
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GAIA Impact Fund
VC Fund · Paris, Ile-de-France, France · 1 investments in Africa CleanTech startups

Gaia Impact Fund is a venture capital firm specializing in renewable energy that builds long-term partnerships with startups operating in Sub-Saharan Africa and South-East Asia with a strong environmental and social focus. The firm supports businesses enabling sustainable and affordable energy provision to local communities. In regions where energymixes are highly carbonized, it supports technological innovations and business models enabling a cost-efficient diffusion of renewable energy on a large scale.

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Investment focus

  • Industry: Energy, Solar, Renewable Energy
  • Stage:Series A, Series B, Seed
  • Geography: Singapore, South Korea, France

Investor stats

  • Total investments: 22
  • Round size: Seed $100k–$2.7M; Series A $1.3M–$9.1M; Series B $1M–$40M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • Agros — Agros exist to make farming economically viable and environmentally sustainable. The company provides farmers with carbon-reducing and income-increasing products and services, from input to market. Their unique ecosystem approach aggregates different low-carbon technologies, bundled with affordable finance, insurance, advisory and market access.Agros’ mission is to double the income of millions of farmers while reducing 100 megatons of annual carbon emissions.
  • MyJouleBox — MyJouleBox offers a solution for solar professionals in Africa to offer leased solar installations to their customers.
  • Ampersand — Ampersand catalyzes and power mass-market electric mobility. By supplying the battery swap network and operating system the company makes sustainable mobility rapidly accessible and affordable for developing markets, to improve livelihoods and the environment. With over a million km already covered by e-motorcycles in Africa using our plug-and-playpowertrain and energy network.
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Autodesk Foundation
VC Fund · San Francisco, California, United States · 1 investments in Africa CleanTech startups

Autodesk Foundation is the first foundation to focus investment exclusively on the people and organizations using design for impact.

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Investment focus

  • Industry: Energy, Renewable Energy, CleanTech
  • Stage:Seed, Series A, Series B
  • Geography: United States, Kenya, Uganda

Investor stats

  • Total investments: 15
  • Round size: Seed $2.1M–$12M; Series A $5M–$20M; Series B $40M–$40M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • M2X Energy — M2X Energy is a scalable methane conversion technology company that provides automated gas-to-product systems for methane conversion.
  • Last Energy — Last Energy develops and delivers micro modular nuclear power plants designed to provide decarbonized, reliable energy through a full-service delivery model that spans design, construction, and operations. The company offers factory-produced modular plants, like its 20 MWe PWR-20 units, that can be deployed rapidly to serve energy-intensiveindustrial customers and utilities with baseload electricity and heat. Its services include long-term power purchase agreements that eliminate upfront capital for customers while enabling flexible siting and minimal resource requirements. Last Energy’s solutions support both behind-the-meter applications for industries and grid-scale energy projects for broader power delivery. The company integrates established reactor technology with its delivery process to help clients access consistent, carbon-free energy.
  • Found Energy — Found Energy's aluminum-thermal power systems extract renewable energy from aluminum at double the energy density of diesel and at a competitive cost. Compact, modular, safe, and carbon-free, our technology makes industrial decarbonization practical.
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Smart Cities Innovation Programme
VC Fund · Eschborn, Hessen, Germany · 1 investments in Africa CleanTech startups

Smart Cities Innovation Programme (SCIP) aims at supporting high-potential African tech startups operating in the field of smart mobility, CleanTech & smart housing, and FinTech for affordability in Rwanda and beyond.

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Investment focus

  • Industry: FinTech, Transportation, Financial Services
  • Stage:Non-Equity Assistance, Grant, Pre-Seed
  • Geography: Kenya, Uganda, Nigeria

Investor stats

  • Total investments: 35
  • Lead/follow: 97% lead, 3% follow

Portfolio highlights

  • Tuverl — Tuverl is an app that seeks to make Public Transport cheaper and more accessible to millions of commuters across Africa by helping Public Transport Operators optimize their routes, reduce operational costs and increase revenue. Tuverl leverages Cloud Computing, Data Analytics, Geolocation, FinTech, and Machine Learning to improve and optimizePublic Transport and fundamentally change how commuters in African countries pay for it, starting with Zimbabwe. We have 2 Mobile Applications, a Commuter App for commuters and an Operator App for Public Transport Operators. Using the Tuverl App, Commuters can live track intracity buses and minibuses, book intercity trips on buses, hail a Taxi on demand, and pay for their Public Transportation using local fintech solutions. Commuters can rate and review their trips creating a transparent industry that fosters quality customer service.The Tuverl Operator App empowers Drivers and Operators with tools to broadcast the live locations of their vehicles, manage their fleets, and process fares digitally. This helps these two stakeholders to increase the number of commuters per trip, increase the number of trips per day and reduce the usage of resources like fuel and man-hours that are wasted by randomly searching for commuters. Our work seeks to promote Sustainable Development Goal 11: Sustainable Cities and Communities. Our vision is to support smart, resilient, and sustainable cities and communities in African countries by improving Urban mobility and public transportation.
  • Dove Air — Dove air is using advanced technology to empower people to address some of the biggest problems across Africa. We provide reliable and fast service while meeting all the safety standards.
  • Smatbeba — Smatbeba is a Kenyan-based online cargo transportation platform that connects businesses and people to vetted truck drivers that provide safe, dependable, and cheap services across East Africa.
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FEI-OGEF
VC Fund · Ebène, Plaines Wilhems, Mauritius · 1 investments in Africa CleanTech startups

FEI-OGEF helps tackle this challenge by providing local currency financing solutions to companies bringing affordable solar energy to communities living off the grid in the region.

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Investment focus

  • Industry: Solar, Energy, Renewable Energy
  • Stage:Debt Financing
  • Geography: Kenya, France, Senegal

Investor stats

  • Total investments: 7
  • Round size: Debt Financing $2.4M–$11M
  • Lead/follow: 57% lead, 43% follow

Portfolio highlights

  • Qotto — Qotto designs a "triple play" offer including a solar kit, access to the internet and / or financial services , intended for peri-urban or rural populations with limited or nonexistent access to electrical and telecommunications networks. we transform the daily lives of our customers by installing solar kits to help you achieve yourdreams, we offer electric autonomy with great flexibility and quality customer service.
  • Easy Solar — Easy Solar distributes solar energy solutions, life improving products and financial services to the households and businesses in Sierra Leone.
  • SunCulture — At SunCulture, we strive to solve the biggest daily challenges of smallholder farmers. We use off-grid solar technology to provide our customers with reliable access to water, irrigation, lighting, and mobile charging, and we can do all of that with a single system.
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UNCDF
VC Fund · New York, New York, United States · 1 investments in Africa CleanTech startups

The UN Capital Development Fund is providing public and private finance work for the poor in the least developed countries.UNCDF provides grants, loans, and technical support to ensure that more households and small businesses gain access to financial services. With its capital mandate and instruments, UNCDF offers “last mile” finance models thatunlock public and private resources, especially at the domestic level, to reduce poverty and support local economic development. UNCDF’s financing models work through two channels: financial inclusion that expands the opportunities for individuals, households, and small businesses to participate in the local economy, providing them with the tools they need to climb out of poverty and manage their financial lives; and localized investments that show how fiscal decentralization, innovative municipal finance, and structured project finance can drive public and private funding that underpins local economic expansion and sustainable development.The New York, New York-based fund was founded in 1966.

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Investment focus

  • Industry: Solar, AgTech, Energy
  • Stage:Grant, Debt Financing, Pre-Seed
  • Geography: Kenya, Bangladesh, United Kingdom

Investor stats

  • Total investments: 8
  • Round size: Grant $50k–$5M; Debt Financing $500k–$500k
  • Lead/follow: 88% lead, 12% follow

Portfolio highlights

  • PayAngel — Official Page: Free International Money Transfers from UK, US, Canada, Australia and EU to Africa and Asia. #PayAngel #SendMoreThanMoney #Smile
  • SokoFresh — SokoFresh is a social enterprise that offers cold storage solutions and a digital market linkage platform to small and medium-scale farmers. It provides access to reliable, off-grid, first-mile cold storage facilities and digital market linkage services to farmers and buyers in fruit and vegetable value chains.
  • Omia Agribusiness Development — Leading Regional Distributors of Climate-Smart Agro Inputs for Crop and Livestock production. Free Farmer Support and Ready Market by @omiafoods
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Mercy Corps Ventures
VC Fund · Portland, Oregon, United States · 1 investments in Africa CleanTech startups

Our impact investing arm, Mercy Corps Ventures (MCV), invests in and fuels high-impact enterprises that increase the resilience of people and communities in frontier markets.

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Investment focus

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

Investor stats

  • Total investments: 26
  • Round size: Seed $1.2M–$5.3M; Pre-Seed $600k–$4.1M; Series A $2.5M–$12M
  • Lead/follow: 12% lead, 88% follow

Portfolio highlights

  • Kofa — Kofa is an automotive company that utilizes the latest electric battery and motor technology. The company aims to develop an affordable, sustainable and customer driven electric network in transformative energy, transport, and climate change around the globe. Kofa was founded in Ghana and is headquartered in Accra.
  • Pivo — Pivo is a financial hub that allows small & medium businesses across Africa access to all the financial services they need in one place.
  • Open Forest Protocol — With Open Forest Protocol (OFP), measure, report, verify and fund forestation projects with digital transparency
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Transforming Energy Access
VC Fund · London, England, United Kingdom · 1 investments in Africa CleanTech startups

TEA supports technologies, business models & skills to improve livelihoods, create jobs & boost green economic opportunities across more than 60 countries.

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Investment focus

  • Industry: CleanTech, Smart Cities, Electric Vehicle
  • Stage:Grant, Debt Financing
  • Geography: Ghana

Investor stats

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

Portfolio highlights

  • Kofa — Kofa is an automotive company that utilizes the latest electric battery and motor technology. The company aims to develop an affordable, sustainable and customer driven electric network in transformative energy, transport, and climate change around the globe. Kofa was founded in Ghana and is headquartered in Accra.
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Injaro Investments
VC Fund · Accra, Greater Accra, Ghana · 1 investments in Africa CleanTech startups

Injaro makes investments in debt, quasi-equity, and equity in small-and medium-sized enterprises along the agricultural value chain in designated countries of West Africa. The agriculture value chain encompasses the full range of activities and participants involved in moving agricultural products from input suppliers to farmers' fields, andultimately, to consumers' tables.

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Investment focus

  • Industry: Agriculture, Farming, CleanTech
  • Stage:Private Equity, Seed, Secondary Market
  • Geography: Ghana, Côte d'Ivoire, Niger

Investor stats

  • Total investments: 5
  • Lead/follow: 80% lead, 20% follow
  • Last fund: May invest from a new fund soon — raised $5M in 2010

Portfolio highlights

  • AviNiger — AviNiger is a greenfield poultry project with a focus on producing eggs.
  • Kofa — Kofa is an automotive company that utilizes the latest electric battery and motor technology. The company aims to develop an affordable, sustainable and customer driven electric network in transformative energy, transport, and climate change around the globe. Kofa was founded in Ghana and is headquartered in Accra.
  • Nouvelle Mici Embaci — Nouvelle Mici Embaci manufactures corrugated cardboard packaging as well as polypropylene bags and provides industrial printing services.
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Azur Innovation Management
VC Fund · Casablanca, Grand Casablanca, Morocco · 1 investments in Africa CleanTech startups

Azur Innovation Management is a seed fund that invests in project' industrial ecosystems.

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Investment focus

  • Industry: E-Commerce, Health Care, B2B
  • Stage:Seed, Venture - Series Unknown, Pre-Seed
  • Geography: Morocco, France

Investor stats

  • Total investments: 13
  • Round size: Seed $540k–$2.1M; Venture - Series Unknown $826k–$961k
  • Lead/follow: 77% lead, 23% follow

Portfolio highlights

  • ZSystems — ZSystems is a transformative super app designed to redefine B2B trade.
  • Kwiks — Decide better with KOP. Less noise, more clarity.
  • ORA Technologies — E-Commerce, Super App
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BREEGA
VC Fund · London, England, United Kingdom · 1 investments in Africa CleanTech startups, 10 in the past 12 months

VCs use all sorts of tricks to attract the best companies. We do too. But as founders, we know that the main reason you choose an investor to be a part of your journey is because you like them. You trust them. Their values align with yours.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Seed, Series A
  • Geography: France, United Kingdom, United States

Investor stats

  • Total investments: 150
  • Round size: Seed $1.1M–$9M; Series A $4.2M–$24M
  • Lead/follow: 69% lead, 31% follow
  • Last fund: Likely still investing — raised $165M in 2023

Portfolio highlights

  • Bondio — Connect instantly to 1000+ networks in 200+ countries, with 0 commitments
  • Moneybox — Moneybox is the simple way to save, invest, buy your first home, and combine your old pensions - all with one award-winning app. Download now.
  • Biochar Industrial Group — Biochar Industrial Group partners with agricultural processors to convert biomass waste into biochar through industrial pyrolysis. The company finances, installs, and operates biochar production systems that process agricultural residues such as palm kernel shells, cashew husks, and sawdust. It manages biochar production, carbon creditverification, carbon credit sales, and revenue sharing with its partners. Biochar Industrial Group also provides waste value assessments and partnership programs for eligible agricultural processors.
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Mulago Foundation
VC Fund · San Francisco, California, United States · 1 investments in Africa CleanTech startups

Mulago finds and funds high-performance organizations that tackle the basic needs of the very poor. We fight poverty. Our job is to find the organizations best able to create change and give them what they need to do it.

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Investment focus

  • Industry: Agriculture, Health Care, Education
  • Stage:Grant, Seed, Pre-Seed
  • Geography: United States, Nigeria, Ghana

Investor stats

  • Total investments: 12
  • Round size: Seed $1M–$3.2M; Grant $190k–$4M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Turn.io — Enabling social impact organisations to use chat for impact by enabling personal, guided conversations that improve lives at scale.
  • ARC Marine — ARC marine delivers nature-inclusive design, scour protection and reef technologies for coastal defence, offshore and habitat restoration worldwide.
  • Biochar Industrial Group — Biochar Industrial Group partners with agricultural processors to convert biomass waste into biochar through industrial pyrolysis. The company finances, installs, and operates biochar production systems that process agricultural residues such as palm kernel shells, cashew husks, and sawdust. It manages biochar production, carbon creditverification, carbon credit sales, and revenue sharing with its partners. Biochar Industrial Group also provides waste value assessments and partnership programs for eligible agricultural processors.
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Wangara Green Ventures
VC Fund · Accra, Greater Accra, Ghana · 1 investments in Africa CleanTech startups

Wangara Green Ventures is a climate-focused impact investment asset manager in Ghana, West Africa.

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Investment focus

  • Industry: Agriculture, AgTech, Energy
  • Stage:Seed, Venture - Series Unknown, Pre-Seed
  • Geography: Ghana, Nigeria

Investor stats

  • Total investments: 5
  • Round size: Venture - Series Unknown $330k–$500k
  • Lead/follow: 80% lead, 20% follow

Portfolio highlights

  • Wami Agro — WamiAgro connects African farmers with digital farm management, market access, credit support, and climate-smart agriculture solutions.
  • Kofa — Kofa is an automotive company that utilizes the latest electric battery and motor technology. The company aims to develop an affordable, sustainable and customer driven electric network in transformative energy, transport, and climate change around the globe. Kofa was founded in Ghana and is headquartered in Accra.
  • Northlite Solar — NorthLite Solar is a renewable energy provider that delivers solar power solutions for both commercial and residential sectors.
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E3 Capital
VC Fund · Paris, Ile-de-France, France · 1 investments in Africa CleanTech 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: 54
  • Round size: Seed $900k–$8M; Series A $1.8M–$7.5M; Series B $9M–$40M
  • Lead/follow: 50% lead, 50% 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.
  • Open Access Energy — South Africa's first multilateral wheeling software platform that automates energy transactions.
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Azur Innovation Fund
VC Fund · 1 investments in Africa CleanTech startups

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Investment focus

  • Industry: Retail, SaaS, FinTech
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: Morocco, France

Investor stats

  • Total investments: 12
  • Round size: Seed $1.1M–$2.3M; Venture - Series Unknown $819k–$1.1M
  • Lead/follow: 83% lead, 17% follow

Portfolio highlights

  • GoSwap — GoSwap - 50cc Electric Scooter and motorcycles with a battery swapping solution in Morocco
  • Weego — Transport prive par navette pour employes et evenements. Itineraires personnalises, suivi en direct et appli voyageur.
  • ORA Technologies — E-Commerce, Super App
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Richard Thwaites
Angel · 1 investments in Africa CleanTech startups

CEO @ Penso Power

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Investment focus

  • Industry: CleanTech, Solar, Software
  • Stage:Seed, Pre-Seed
  • Geography: Ghana

Investor stats

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

Portfolio highlights

  • Kofa — Kofa is an automotive company that utilizes the latest electric battery and motor technology. The company aims to develop an affordable, sustainable and customer driven electric network in transformative energy, transport, and climate change around the globe. Kofa was founded in Ghana and is headquartered in Accra.
  • GRYD Energy — GRYD is building the next-gen alternative to the energy grid. We fund, operate and optimise smart solar systems for homeowners100% decentralised and powered by clean solar energy. Our smart solar systems, underpinned by intelligent software, enables millions more homeowners access to the bill-saving benefits of solar. We partner with housebuilders to deploy our smart solar systems at scale, utilising the often unused roof space of the homes they build.
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Delta40
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in Africa CleanTech startups

Delta40 is the venture studio that invests in African female entrepreneurs involved in energy, agriculture and mobility sectors.

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Investment focus

  • Industry: Agriculture, Solar, AgTech
  • Stage:Seed, Venture - Series Unknown, Pre-Seed
  • Geography: Kenya, Ghana, Uganda

Investor stats

  • Total investments: 9
  • Round size: Seed $1.3M–$2.3M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely actively investing — fresh fund, raised $20M in 2026

Portfolio highlights

  • SunFi — SunFi tech solution help people access solar energy with installation and payment plans.
  • Farm to Feed — One third of all food is lost or wasted, enough to feed the number of hungry people twice worldwide. Food loss and waste contributes to 10% of greenhouse gases globally. We aggregate and repurpose imperfect and surplus produce to create a healthier planet.
  • 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.
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FMO
VC Fund · The Hague, Zuid-Holland, The Netherlands · 1 investments in Africa CleanTech startups

FMO is a financial investment firm that specializes in financing businesses and projects FMO invests across the agribusiness value chain to enhance food security, support sustainability and promoting inclusive development.

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Investment focus

  • Industry: Financial Services, Finance, Renewable Energy
  • Stage:Debt Financing, Post-IPO Debt, Series B
  • Geography: India, Kenya, The Netherlands

Investor stats

  • Total investments: 203
  • Round size: Series B $5.3M–$46M; Post-IPO Debt $30M–$420M; Debt Financing $5M–$195M
  • Lead/follow: 55% lead, 45% follow

Portfolio highlights

  • Tagaddod — Tagaddod is a renewable Energy and Waste Management Egyptian company, started in February 2013 and operating in Cairo –Egypt. Currently focusing on clean fuels, Tagaddod is working on Biodiesel production from Vegetable Oils. Biodiesel is a fuel alternative that is produced from waste vegetable oils and used in conventional diesel engines, whichcan directly substitute for or extend supplies of traditional petroleum diesel.
  • SolarSaver — We provide customised rooftop solar PV solutions to corporate, industrial customers in Namibia & SA through its proprietary zero-capital financing model.
  • Yednist' Group — Yednist’ Group is one of the largest agri-processing holdings in Ukraine operating in the following segments: production of bulk feed, packaged feed, premixes and concentrates; veterinary drugs distribution; pet goods distribution. Yednist’ Group operates five production facilities with a total annual capacity of 600 thousand tonnes, including 30thousand tonnes of premixes and concentrates.
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The Currency Exchange Fund
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Africa CleanTech startups

The Currency Exchange Fund is a currency risk management product for investors active in frontier and emerging markets. Their unique fund focuses on currencies and maturities covered regular market.

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Investment focus

  • Industry: Solar, Energy, Retail
  • Stage:Debt Financing
  • Geography: Sierra Leone

Investor stats

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

Portfolio highlights

  • Easy Solar — Easy Solar distributes solar energy solutions, life improving products and financial services to the households and businesses in Sierra Leone.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Standard Chartered Women in Technology
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in Africa CleanTech startups, 6 in the past 12 months

A Startup #incubator located at @iLabAfrica in Strathmore University. We help budding entrepreneurs find a conducive working space,mentorship and seed funding.

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Investment focus

  • Industry: Health Care, Information Technology, E-Commerce
  • Stage:Seed, Grant, Pre-Seed
  • Geography: Kenya, Ghana

Investor stats

  • Total investments: 27
  • Round size: Seed $9k–$10k; Grant $9.7k–$121k
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • Tuwe Bora — Tuwebora, we do more than just make clothing—we're building futures and revolutionizing the global fashion industry.
  • Timao Group — Timao Group is a clean tech company that recycles waste and produces plastic constructive systems.
  • POLLEN PATROLLERS — Pollen Patrollers' mission is to combat bee colony collapse and enhance food security by providing innovative smart hive solutions and precision pollination services. Pollen Patrollers is a startup that leverages advanced technology.
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Factor E
VC Fund · Fort Collins, Colorado, United States · 1 investments in Africa CleanTech startups

Factor E is a finance company that impacts venture builders, dedicated to supporting the people and ideas that will turn the tables in the global battle for sustainable solutions to energy, agriculture, mobility, and waste challenges in emerging and frontier markets. It serves as a conduit between philanthropic and commercial investors throughmarket-driven forces.

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Investment focus

  • Industry: Energy, Renewable Energy, Agriculture
  • Stage:Seed, Series A, Convertible Note
  • Geography: Kenya, United States, India

Investor stats

  • Total investments: 34
  • Round size: Seed $500k–$4.6M; Series A $1.3M–$10M; Convertible Note $20k–$1.1M
  • Lead/follow: 41% lead, 59% follow

Portfolio highlights

  • Ferntech — Take control of your decentralized power system with Odyssey's FernTech software and hardware. Get real-time insights and automate operations with our reliable data collection, system automation, and range of controllers and IoT gateways. Explore the FernTech product suite and see how it works in action. Contact us to learn more.
  • Open Access Energy — South Africa's first multilateral wheeling software platform that automates energy transactions.
  • 60Hertz Energy — Unify asset management with asset monitoring, enhance scheduling, and facile communication. Book a Demo Now!
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Triodos Investment Management
VC Fund · 1 investments in Africa CleanTech startups

Hivos-Triodos Fund is an investment Fund.

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Investment focus

  • Industry: Agriculture, AgTech, Energy
  • Stage:Series A, Series C
  • Geography: India

Investor stats

  • Total investments: 6
  • Lead/follow: no public data

Portfolio highlights

  • Easy Solar — Easy Solar distributes solar energy solutions, life improving products and financial services to the households and businesses in Sierra Leone.
  • Sistema.bio — Sistema.bio is a biodigester with biogas appliances. High efficiency biodigesters transform organic waste into renewable biogas.
  • GridBeyond Storage — GridBeyond Storage is a cooperative venture accelerating the adoption of behind-the-meter (BTM) energy storage devices.
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The World We Want
VC Fund · London, England, United Kingdom · 1 investments in Africa CleanTech startups

The World We Want develops strategic actions and creates global connections to achieve social impact. It aims to promote sustainability on various businesses and organizations to change the world. The World We Want is based in London.

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Investment focus

  • Industry: CleanTech, Automotive, Electronics
  • Stage:Series A
  • Geography: Kenya

Investor stats

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

Portfolio highlights

  • Roam — The Standard for Electric Mobility in Africa.
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Cygnum Capital
VC Fund · London, England, United Kingdom · 1 investments in Africa CleanTech startups

Cygnum Capital is a leading Investment Banking and Asset Management firm serving frontier and emerging markets. Cygnum Capital is a leading investment banking and asset management firm, specialising in tailored and innovative financial solutions across frontier and emerging markets globally. With offices in London, Nairobi, Lagos, Dubai and Amsterdam, our team of 80 finance professionals bring together deep sectoral knowledge with a broad product offering across corporate finance, asset management and financial advisory services.

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Investment focus

  • Industry: Solar, Energy, Retail
  • Geography: Sierra Leone

Investor stats

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

Portfolio highlights

  • Easy Solar — Easy Solar distributes solar energy solutions, life improving products and financial services to the households and businesses in Sierra Leone.
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