Top 50 Climate VC Funds in Africa

Investor	Climate Africa investments
E3 Capital	13
Electrification Financing Initiative	12
All On	8
Kepple Africa Ventures	6
Acumen	6
Norfund	6
Persistent	6
Novastar Ventures	6
Aster	5
Opes Impact Fund	4
SunFunder	4
Future Africa	4
Triodos Investment Management	4
Lion’s Head Global Partners	4
GAIA Impact Fund	4
Factor[e] Ventures	3
CRE Venture Capital	3
Harambeans	3
Global Partnerships	3
Shell Foundation	3
Blue Haven Initiative	3
LoftyInc Capital	3
Launch Africa	3
DOB Equity	3
Finnfund	2
Anaxago	2
DILA Capital	2
Nordea	2
Unruly Capital	2
Flat6Labs Tunisia	2
Maroc Numeric Fund	2
Helios Investment Partners	2
ENGIE Rassembleurs d'Energies initiative	2
Black Silver Capital	2
E4EAfrica	2
FMO	2
Investisseurs & Partenaires	2
Knife Capital	2
Ardent Capital	2
KFW DEG	2
Persistent Energy Partners	2
Proparco	2
Inspired Evolution Investment Management	2
Praxis	2
Better Ventures	2
EcoEnterprises Fund	2
AXA Investment Managers	2
Alphamundi	2
VilCap Investments	2
Breega	2

Energy Access Ventures 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.

Investment focus

Solar, Energy, Renewable Energy
Series A, Seed, Convertible Note
Kenya, United States, Ghana

Portfolio highlights

Cavex — Cavex provides Carbon credits made transparent and efficiency.
Hohm Energy — We make the process of going solar simple. Generate your free, custom solar proposal and get matched with an accredited solar provider in under 5 mins.
Untapped Global — Untapped connects global investors, and foreign capital to opportunities in emerging markets. Delivering competitive returns, and measurable impact for global investors.

Impact investment in sustainable energy

Investment focus

Energy, Solar, Renewable Energy
Debt Financing, Funding Round, Series A
United States, Kenya, Nigeria

Portfolio highlights

WeLight — WeLight deploys sustainable and accessible solutions to accelerate energy inclusion in rural areas of Africa.
Okra Solar — Okra Solar is an IoT technology solution that enables solar generating communities to share and utilize more energy. It is a plug-and-play smart grid technology that enables rapid electrification for last-mile communities. Using mobile payments, modular grid design, and remote monitoring, they provide utility companies with a low-cost, data-drivensolution to operate solar networks in hard to reach communities. They are on a mission to connect off-grid communities to the modern economy.Okra Solar was founded in 2016 and is headquartered in Sydney, Australia.
Solarise Africa — Solarise Africa is a pan African energy leasing company for solar PV and other energy assets focusing on Commercial and Industrial (C&I) clients. Its business model is designed for scalability. Solarise Africa focuses on providing smart financing through close collaboration with a selected group of partners across solar and other renewableenergy technologies. For solar PV it is focusing on captive rooftop and ground mounted solar projects ranging from 100kW to 3MW. It is currently active in Kenya, looking to open in South Africa and has plans to expand into East, Southern and West Africa.

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.

Investment focus

Renewable Energy, Energy, Solar
Seed, Funding Round, Grant
Nigeria, France, Senegal

Portfolio highlights

Koolboks — Koolboks provides a reliable and alternative storage technique due to the superior insulation and ice battery technology employed in the design.
Mobile Power Ltd — Mobile Power's innovative pay-per-use battery sharing network unlocks clean energy for households, businesses and electric transport in Sub-Saharan Africa.
Greenage Technologies Power Systems — Greenage Technologies is revolutionizing the use of solar energy systems in Nigeria. Our local manufacturing creates differentiation in local product purchases, services, and cost. We are the first indigenous mass producer of solar Inverter technologies in Nigeria. We currently have our footprint in 26 states out of the 36 states in Nigeria andlooking to launch in Ghana, Rwanda and Kenya in the near future.

Kepple Africa Ventures is an early-stage venture capital firm.

Investment focus

Financial Services, FinTech, Software
Seed, Pre-Seed, Funding Round
Nigeria, Kenya, Egypt

Portfolio highlights

Chari — Chari is an e-commerce and fintech app for traditional retailers in French-Speaking Africa allowing them to order any consumer goods they sell and get delivered for free in less than 24 hours. Chari is also a financial services provider for these retailers, offering them microloans
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.
Carry1st — Carry1st develops and publishes enriching mobile games and content apps for African consumers.

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.

Investment focus

Financial Services, Health Care, Agriculture
Seed, Funding Round, Series A
United States, India, Kenya

Portfolio highlights

AquaRech — AquaRech includes Farm management that enhances fish production, enables access to the market & promotes equal trade.
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.
ReCircle — They are a Waste Management service that provides a free doorstep pick-up service for offices, institutions, households and schools to dispose their recyclable waste (Raddi). They further supply this recycled waste to authorized recycling centres, ensuring safety and sustainability.

Norfund is an active, strategic minority investor. They offer risk capital and expertise to help building sustainable businesses in poor countries.Norfund aim to invest in countries where they can have the greatest impact. In countries where the private sector is weak and access to capital is scarce. This is primarily in Sub-Saharan Africa, butalso in some countries in South East Asia and Central America.

Investment focus

Energy, Financial Services, Renewable Energy
Funding Round, Private Equity, Debt Financing
Kenya, South Africa, United Kingdom

Portfolio highlights

Miniplast — Miniplast Limited is one of the leading manufacturers of Industrial and Household products in Ghana with over 25 years of experience in the sector.
Hela Clothing — Hela Clothing is a clothing manufacturer. From design to delivery, the firm collaborates closely with brands in the intimate, sleepwear, and children's product lines. With design centers in major markets, they can watch and predict customer preferences. This enables us to provide their customers with unique design options that fit theirrequirements.
OH Ecosystems — OH Ecosystems is a confectionary company that produces and operates cocoa processing and confectioneries.

Africa's Climate Venture Builder - We believe in the power of climate-positive economic development in Africa. For the last decade, we have been working hand in hand with exceptional entrepreneurs, investing both financial and human capital to build successful climate ventures on the continent. Our companies offer competitive financial returns required to drive lasting impact.

Investment focus

Energy, Solar, Renewable Energy
Funding Round, Series A, Seed
Ghana, Germany, Switzerland

Portfolio highlights

EcoNetix — EcoNetix provides a comprehensive solution for ensuring accurate and transparent data while actively contributing to the development of a greener planet and the fulfillment of UNIDO's Sustainable Development Goals.
Hohm Energy — We make the process of going solar simple. Generate your free, custom solar proposal and get matched with an accredited solar provider in under 5 mins.
Circadian Technologies GmbH — Circadian Technologies accelerates the energy transition in frontier markets with a SaaS business model, empowering solar developers & energy service companies to reduce operating costs and grow revenue with a data driven platform and proprietary IoT hardware.Circadian transforms the entire value chain of its customers by uniquely providingan end-to-end solution to better design, finance, operate and maintain decentralized renewable energy systems for commercial & industrial sites.

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

Investment focus

Agriculture, Internet, Clean Energy
Series A, Funding Round, Series B
Kenya, Nigeria, United States

Portfolio highlights

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.
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.
MoKo Home + Living — MoKo Home is Kenya's one-stop furniture company specializing in comfort & smiles, having served over 10000 smiley homes to date. Will yours be next?

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).

Investment focus

Software, Energy, Manufacturing
Series A, Funding Round, Series B
France, United States, United Kingdom

Portfolio highlights

Hadean — Hadean are a venture backed tech startup providing the most simple and secure platform for cloud native development. Intuitive and developer friendly, the Hadean Platform provides a friction free route to a cloud-native infrastructure. It lets you write applications once and deploy anywhere, taking care of setup, configuration, scaling, securityand more.Hadean have developed two flagship applications. Aether Engine provides distributed load balancing for agent-based simulations, while Muxer is a network model that utilises distributed edge networks. The result is spatial simulations of unparalleled size and complexity, where thousands of concurrent users can join and interact. Hadean have found traction in gaming, healthcare, virtual events and defence with industry leading companies such as Microsoft, Minecraft and CAE.
Twipes — Twipes aim to tackle the ever-growing issue of single-use items and their damaging effects on our environment. The biggest contributor being, plastic-filled wet wipes. When these products are flushed or thrown away, they leave behind micro-plastics as they slowly break down. These fragments contribute to the pollution in our oceans and ourselves.With Twipes we have created a simple solution to the ever growing micro-plastics problem. Truly flushable and biodegradable wipes. Made with wood pulp cellulose (zero plastic), Twipes will fully disintegrate in water in 3 hours and will completely biodegrade within 7 days. Compared to our closest competition which takes 180 days to break down.
EyeLights — EyeLights is a Head Up Display GPS. It allows motobikers to truly experience the ride by keeping their eyes on the road. Eyelights is the first universal motorcycle accessory that projects guidance, danger zones and traffic directly into your field of vision. A dangerous bend, a nearby stopper or speed over limitations, EyeLights warns you. Simple,uncluttered, they adapted the display for motorcycle riding.The EyeLights product installs in less than 5 minutes on your full-face, convertible or jet helmet. Their compact optical technology allows you to view your GPS more than 2 meters away while enjoying audio functions for more than 8 hours. The product is compatible with sun visors, insensitive to rain or fog and weighs less than 100g.

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

Investment focus

Energy, Social Entrepreneurship, Renewable Energy
Seed, Series A
Kenya, India, Italy

Portfolio highlights

Mygrants — Mygrants is the most widely used educational online platform for refugees and asylum seekers in Italy and Europe.
MunyaxEco — MunyaxEco is working in solar energy as well as energy efficiency sectors by selling and installing environmentally friendly and high-quality equipment.
WidEnergy Africa — Widenergy Africa Ltd , is a women – led company, registered in Zambia, dedicated in the last miles distribution of clean energy solutions. We are the official distributor of Little sun solar products in Zambia (Solar lamps, Solar phone chargers), and will start soon with the distribution of clean cook stoves, with the objective to contribute inreduction of the Zambian deforestation rate, known as one of the highest in Africa.

SunFunder is a specialist financing company dedicated to pioneering and scaling clean energy and climate investments in emerging markets.

Investment focus

Solar, Energy, Renewable Energy
Debt Financing, Series C
The Netherlands, Kenya, Mauritius

Portfolio highlights

Yellow — Yellow enables a distributed network of sales agents to serve rural households with life-changing products and services through a digital technology platform called Ofeefee.
d.light — Founded in 2007 as a for-profit social enterprise, d.light manufactures and distributes award-winning solar lighting and power products designed to serve the more than 2 billion people globally without access to reliable electricity. Through five distribution hubs in East Africa, West Africa, India, Southeast Asia, and the United States, d.lighthas impacted over 65 million lives with its products. d.light is dedicated to providing the most reliable, affordable, and accessible solar lighting and power systems for the developing world, with the goal of reaching 100 million people by 2020. For more information, visit www.dlight.com.
Zola Electric — ZOLA Electric designs renewable energy solutions based on the latest in solar, battery and power electronics technology. Adaptable to energy need and income, ZOLA Electric’s solar systems can be bought over time using PAYGo micro-finance leasing and mobile money payments. ZOLA Electric powers more than 180,000 homes and businesses across Tanzania,Rwanda, Côte d’Ivoire and Ghana. Investors include Tesla, Vulcan Capital, DBL Partners, Helios Investment Partners, EDF, Total and GE Ventures. ZOLA Electric is a recipient of the UN Momentum for Change Award, the Zayed Future Energy Prize and is a member of the Global Cleantech 100.

Future Africa is a collective of mission-driven founders and funders building unicorns to solve Africa’s biggest challenges. They are build a future where purpose and prosperity are within everyone’s reach.

Investment focus

Financial Services, FinTech, Information Technology
Seed, Pre-Seed, Series A
Nigeria, United States, Kenya

Portfolio highlights

Moove — Moove is a mobility fintech that provides revenue-based vehicle financing to mobility entrepreneurs, democratizing vehicle ownership globally. The company embeds its alternative credit-scoring technology onto ride-hailing, logistics, and last-mile/instant delivery platforms, which allows access to proprietary performance and revenue analyticsof mobility entrepreneurs to underwrite loans.
Anchor — Anchor is building the infrastructure needed for businesses to build, launch, and scale banking and payment solutions.
Itana — Talent City’s mission is to build a network of charter cities that focuses on creating technology-enabled jobs within a free trade zone with its own regulation and bylaws.

Triodos is a global pioneer of sustainable banking. Their mission is to make money work for positive social, environmental and cultural change.

Investment focus

Financial Services, FinTech, Energy
Debt Financing, Funding Round, Series A
India, Germany, Kenya

Portfolio highlights

KoRo — KoRo is a fast-growing FoodTech startup - one of the leading brands for healthy, long-lasting and sustainable food.
La Bolsa Social — La Bolsa Social is an equity crowdfunding platform that aims at funding the growth of companies with a positive social and environmental impact. The platform is focused on the investors who seek a comprehensive profitability in the economic, social, and environmental sectors. It connects impact investors with companies that improve society and theenvironment. Its objective is to improve the financing of companies with growth potential that has a positive impact on society and the environment and promoting ethical finance. Founded in 2015, La Bolsa Social is authorized in Spain by the CNMV.
Bridge Taxi Finance — Bridge Taxi Finance offers bridge parts, accessories, vehicle management, bridge services, and panel services.

A global investment banking, asset management and advisory firm focused on delivering value to our clients in emerging and frontier markets

Investment focus

Renewable Energy, Solar, Energy
Debt Financing, Funding Round
Kenya, France, Senegal

Portfolio highlights

Baobab+ — Baobab+ is a social business committed to providing access to energy and digital. We commercialize innovative products with financing solutions that meet the needs of local populations.
Yellow — Yellow enables a distributed network of sales agents to serve rural households with life-changing products and services through a digital technology platform called Ofeefee.
Decentral Energy — Apply for risk-free and fully financed solar energy solutions. Decentral develops, owns, and manages clean energy assets in South Africa.

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.

Investment focus

Solar, Energy, Renewable Energy
Series A, Seed, Series B
Singapore, South Korea, France

Portfolio highlights

Candi — Combining the best of its roots in Switzerland, and extensive local presence, candi offers companies of all sizes the simplest, most efficient way to take advantage of solar power for their business.
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.

Impact venture builders dedicated to supporting the people and ideas that turn challenges in energy, agriculture, mobility, and waste into de-carbonized solutions for emerging and frontier markets.

Investment focus

Energy, Agriculture, Renewable Energy
Seed, Series A, Convertible Note
Kenya, United States, India

Portfolio highlights

SunFi — SunFi tech solution help people access solar energy with installation and payment plans.
enee.io — enee.io designs and develops battery monitoring systems that make both users and suppliers of renewable power systems more profitable.
Gateway.fm — GatewayFM is the first truly decentralized blockchain infra/node provider, with globally distributed, multichain infrastructure

Founded in 2015, CRE Venture Capital invests in early stage tech companies that are levered to Africa. CRE is headquartered in the New York metro area, with a regional office in Lagos, Nigeria.

Investment focus

Financial Services, FinTech, E-Commerce
Seed, Series A, Pre-Seed
South Africa, Nigeria, United States

Portfolio highlights

Sabi Am — Sabi is Africa's largest B2B company, & we are digitising informal trade via our platform. We access markets hard to reach and ensure ease of distribution, & are the No 1 FCMG supplier in Africa.
Sukhiba — Sukhiba is a decentralized community-based commerce platform.
Stitch — One API integration for all online payments across South Africa. Accept Pay by bank, debit + credit card, cash, manual EFT, debit order and crypto. Orchestrate + reconcile digital payments across methods and send payouts

Harambeans are African innovators who have pledged to “work together as one” to build Africa’s future. Over the last decade, Harambeans has spawned a series of tech-enabled ventures such as Andela, Flutterwave, and Yoco, which have collectively generated over 3000 jobs, and raised over $700m from Google Ventures, CRE Ventures and Accel.

Investment focus

Supply Chain Management, Transportation, Information Technology
Seed, Funding Round, Angel
Nigeria, Kenya, South Africa

Portfolio highlights

Releaf — We are industrializing food processing in Africa. We've led 1000+ smallholder farmers to provide food factories with >7.5 million kilograms of quality crops.
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.
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.

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.

Investment focus

Clean Energy, Renewable Energy, Solar
Series A, Seed, Funding Round
Kenya, United States

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 — Sun King solar lanterns and home systems enables underserved communities to achieve more with inclusive distribution and flexible financing options.

Shell Foundation is an independent charity established by the Shell Group in 2000 to create and scale new solutions to global development challenges. We apply business thinking to major social and environmental issues linked to the energy sector – and seek to leverage the skills and networks of Shell where possible to deliver greater developmentimpact.Over the years, learning from both success and failure, we have established a new enterprise-based model to deliver significant and lasting social and environmental outcomes. We now deploy a blend of financial and non-financial resources to accelerate social innovation and harness private markets to deliver public benefit at scale.

Investment focus

Energy, Solar, Agriculture
Grant, Seed, Funding Round
India, United States, Kenya

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.
Yellow — Yellow enables a distributed network of sales agents to serve rural households with life-changing products and services through a digital technology platform called Ofeefee.
Mufin Green Finance — Mufin Green Finance is an NBFC that specialises in the electric vehicle (EV) market.

Blue Haven Initiative is an innovative family office dedicated to putting wealth to work for market returns and positive social and environmental change.

Investment focus

Solar, Energy, Financial Services
Series A, Series B, Seed
Kenya, United States, Ghana

Portfolio highlights

M-KOPA — M-KOPA is the global leader for “pay-as-you-go” energy services for off-grid customers. M-KOPA was established in 2011. Following 2 years of piloting and development, M-KOPA began commercial sales in Kenya in October 2012. M-KOPA expanded to Uganda in 2013 and commences operations in Tanzania in late 2014. Their team includes over 500 staff andwe sell our product through more than 1000 retail agents and shops. The founders of the company are experienced mobile technology innovators who believe in the huge potential of transformative, affordable products designed for underserved consumers. While excellent technology is a pre-requisite, technology alone does not solve for customer needs. Success comes when smart technology is combined with a commitment to on-going, on-the-ground delivery. To that end, M-KOPA is beginning to license its technology to experienced and reputable third parties in markets outside of East Africa (licensing queries should be sent to licensing@m-kopa.com). M-KOPA has developed a proprietary, patented technology platform that combines embedded GSM + mobile payments to revolutionize asset financing in emerging markets. The M-KOPAnet platform has been designed and built from the ground up by our talented team of software engineers, who continue to innovate and improve the system every day. It offers the powerful combination of accounting + customer relationship management + inventory tracking in one complete system. Aside from enabling our business operations to scale at record speed, the M-KOPAnet™ platform captures and processes huge volumes of data, enabling us to improve our proposition, customer service, and security in real-time.
TIBU Health — TIBU Health is a disruptive HealthTech logistics company that provides high-quality healthcare services.
Field — Health supply chain technology and services across Africa

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

Investment focus

FinTech, Financial Services, Software
Seed, Pre-Seed, Series A
Nigeria, United States, Egypt

Portfolio highlights

Mtor — Mtor is an online marketplace that is reshaping the automotive aftermarket and provides sophisticated technology solutions.
EMTECH — For Modern Central Banking
Terragon Group — Terragon is a leading Data and Marketing Technology company that uses data and analytics to help companies focused in Africa, intelligently connect at scale to their customers. We use an aggregation of online and offline data, and predictive scoring to help brands, marketing agencies and platforms accurately target people across channels anddevices. Headquartered in Lagos; Nigeria, we also have a presence in Kenya, South Africa, Ghana and India.

Launch Africa is a fund with the primary objective of unlocking the capital constraints of Seed Stage tech startups.

Investment focus

Financial Services, FinTech, Information Technology
Seed, Funding Round, Pre-Seed
Nigeria, South Africa, Kenya

Portfolio highlights

Susu — Susu is a dynamic and innovative company that offers a wide range of health services for families in the African diaspora. Susu provides a complete offer on Preventive care, Medical treatments, Management of chronic diseases, and Authentic drugs.
Lengo — Lengo is an AI based intelligence platform that offers a large database on consumer goods for companies in the FMCG sector.
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.

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

Investment focus

Food and Beverage, Farming, Health Care
Private Equity, Funding Round, Seed
Kenya, Rwanda, Tanzania

Portfolio highlights

Kwara — Kwara turns analog credit unions into modern digital banks.
Power — Putting individuals on the path towards financial health
Eden Care Medical — Eden Care Medical is a mobile application that provides medical and health insurance as well as financial services.

Finnfund is a Finnish development finance company that provides long-term risk capital for private projects in developing countries. Apart from co-investing with Finnish companies they can finance ventures that use Finnish technology, cooperate with Finnish partners on a long-term basis or generate major environmental or social benefits.

Investment focus

Financial Services, FinTech, Energy
Debt Financing, Funding Round, Series B
Kenya, India, South Africa

Portfolio highlights

Kasha — Health products and household goods you want, delivered to where you are.
Ipak Yuli Bank — Kredir, Karta, Visa virtual, Omonat, Valyuta kurslari, Avtokredir, Pul o`tkazmalari
Kentegra Biotechnology Holdings LLC — Kentegra Biotechnology Holdings is a leading U.S-Kenyan company that supports a Kenyan-based biopesticide processing business that aggregates, extracts, and refines pale refine extract (PRE) from the pyrethrum flower, and sells the PRE to formulators across the world. Kentegra is committed to improving farmer’s livelihoods by investing in thecommunities where we are working to help farmers and their families have a more stable income and better quality of life.Grants: Norad 2021, AgriFi 2020, USAID 2020, USAID 2019, DEG 2020, DEG 2019

Anaxago is a brand new crowdfunding platform dedicated to innovative companies. Anaxago aims at changing the traditional equity capital investment model. Their goal is to forget about the capitalistic-only and go for a truly sharing and participative investment model. Thanks to Anaxago, entrepreneurs can benefit from the financial support oftheir investors but also learn from the shareholders' experience, expertise and network. Each investor can take an active part to the company life and so be a part of a lively entrepreneurial adventure.They offer a small range of companies each month to their investors community. Startups and small companies are chosen with good care and have to go through a whole process of financial analysis. They also prefer to select companies with a real innovative value added. With Anaxago, young and small companies can find funding and support to grow and develop. They give them a chance to be the actors of tomorrow's growth and reboost their economy.Since its launch, Anaxago gathered 100 000 members and invested more than 130M€ funding more than 200 businesses.

Investment focus

Biotechnology, Health Care, Food and Beverage
Seed, Series A, Series B
France, Belgium, Cameroon

Portfolio highlights

Xenothera — Xenothera is a xenotherapy platform with embedded technology that renovates immunological treatments. Xenothera creates new therapeutic modes in numerous domains from immunomodulation to infectious diseases.Xenothera's technological platform is built on a double expertise of animal genetics and mastery of immunology processes. It renovatespassive immunotherapy by marketing a new generation of hyperimmune polyclonal sera.Xenothera’s platform ensures short-time development thanks to their mastery of the entire process, from animal genetics, choice of the immunogen, selection, and purification of interesting immunoglobulins, and access to market authorization in accelerated timescale.
Check & Visit — In Brittany, in Rennes Check & Visit was born from the desire to help the owners of the whole world to realize the conditions of their apartment. In France each year, there are over 3,400,000 inventories made. For the 2,500,000 owners, which they are part of it is not always easy to make the inventory of his apartment. Whether due to lack ofavailability, legal knowledge, or the reliability of paper status reports. The inventory quickly becomes a tedious and time-consuming task that any owner would like to do without.
PEP-Therapy — PEP-Therapy is a French biotechnology company developing first-in-class peptides as targeted therapies in oncology

DILA Capital is a Mexico City-based VC Firm that fosters the growth of Mexican entrepreneurs and Start-Up Companies. By offering equity investments, debt financing and guidance, DILA strives to add value to our invested companies and entrepreneurs. In addition to our vast entrepreneur network, knowledge of the Mexican market and experience of ourpartners.

Investment focus

E-Commerce, FinTech, Financial Services
Series A, Seed, Funding Round
Mexico, United States, Colombia

Portfolio highlights

Fairplay — Fairplay is a performance-based financing platform that supports and helps e-Commerce companies to grow by advancing revenue for marketing spend. It offers funding in exchange for a steady share of revenues until the capital is paid back plus a flat fee. Fairplay was founded in 2019 and is headquartered in Mexico City.
Mattilda — Mattilda helps schools manage and automate payments.
Pacto — Pacto provides technology to restaurants and bars in order to improve the customer experience and accelerate business growth. It seeks to be a catalyst for financial inclusion for small and medium-sized food and beverage companies by integrating them into digital commerce through technology-based solutions.

Nordea Bank is Denmark's second-largest bank and counts every fourth Dane among its customers. Through their nationwide network of some 340 branch offices and a broad range of self-service facilities, they are able to offer you a full scale of financial products and services, including Netbank, Online Investment, telephone banking and cashdispensers.

Investment focus

FinTech, Financial Services, Banking
Funding Round, Debt Financing, Seed
Finland, Sweden, Norway

Portfolio highlights

Tibber — Tibber is a digital electricity supplier that offers smart solutions to minimize their customers’ consumption and costs. Its vision is to make sustainable energy consumption simple and affordable for all households. Tibber's mission is to reduce the residential electricity consumption for European households by 20 %. Founded in Norway andSweden in 2016, the company has expanded its offer to Sweden and Germany where it powers hundreds of thousands of homes. Tibber replaces traditional utilities with smart technology, supplying its customers with renewable energy at fair and transparent prices. In addition, its app provides real-time analytics into energy usage, and pairs with a variety of smart home devices to reduce electricity consumption at home. The company sells tech-gadgets in their online store and recently was licensed to balance the main power grid in Sweden with EVs.
Statzon — Make data-driven plans & faster decisions with a simple access to +1M datasets & market reports about 8,000 topics from +200 trusted data providers.
Get It Done Now — GIDN is a Nigerian Fintech Company targeting medium and low income population for Loans and Financial products. GIDN has in addition a cashless, mobile based community marketplace, with more than 5k members, and aims to regulate the informal economy and facilitate the purchase of Services and Digital Products.

Investing in the crazy before it becomes normal

Investment focus

Biotechnology, Renewable Energy, Manufacturing
Seed, Pre-Seed
United Kingdom, United States, France

Portfolio highlights

4QT — Cleantech, Construction, Electrification
Kateri — Kateri is a carbon producer that helps to unlock the potential of grasslands to sequester carbon.
Volteras — Volteras collects, standardizes, and optimizes data from hundreds of energy devices into a single data model. Volteras Connect enables businesses to use this data to produce new revenue streams, reduce costs, and create new business models. It aspires to be the link between electric vehicles and anything they may come into contact with, fromchargers and house batteries to energy suppliers and mapping software.

Flat6Labs is the MENA region’s leading seed and early stage venture capital firm, currently running the most renowned startup programs in the region. Annually, Flat6Labs invests in more than 100 innovative and technology-driven startups enabling thousands of passionate entrepreneurs to achieve their daring ambitions and ultimately becoming theirinstitutional co-founders.

Investment focus

E-Commerce, Retail, Education
Pre-Seed, Seed
Tunisia

Portfolio highlights

Ahkili — Ahkili is a health tech mobile application for appointment booking that connects patients to psychologists.
WeMove — WeMove is a fitness marketplace for daily gym passes. They develop innovative solutions that meet your sports issues.
LAMMA — Lamma is a web and mobile platform reinventing urban movement for package delivery through an extended carpooling network.

Maroc Numeric Fund is a tech VC fund investing in Morocco.

Investment focus

Online Portals, FinTech, Enterprise Software
Series A, Seed, Pre-Seed
Morocco, Canada, United States

Portfolio highlights

Logidoo — Logidoo is a digital logistics marketplace-designed company that markets shuttles through smart logistics. The company's platform, which provides rapid, dependable, secure, and economical logistics, allows users to compare offers for sending and receiving items and to track parcels in real-time.
Cypherleak — Cypherleak is an automated cyber risk monitoring and scoring solution that uses an organisation's domain name only to map their risk exposure across leaked passwords, attack surface, vulnerabilities and dark web data leakage. Additionally, Cypherleak supports global insurances by powering their cyber insurance products with reliable andaccurate cyber risk modeling and monitoring.
Aza Petrosolutions — Aza Petrosolutions provides services, solutions, and superior software and hardware for fuel management.

Helios Investment Partners is a private equity and venture capital firm specializing in buyouts of going concerns, recapitalization, mezzanine, growth capital for private enterprises, restructurings joint ventures, startups; either green-field or brownfield; and the majority or blocking-minority structured investments in listed entities. It seeksto invest in the telecommunications, media, financial services, power, utilities, travel, leisure, distribution, fast-moving consumer goods, logistics, and Agro-allied sectors. The firm prefers to invest in Africa with a focus on Nigeria, South Africa, and Kenya. It seeks to invest between $15 million and $200 million in an individual transaction. The firm prefers to have a board seat in its portfolio companies. Helios Investment Partners LLP was founded in 2004 and is based in London, United Kingdom.

Investment focus

Financial Services, Energy, Oil and Gas
Private Equity, Debt Financing, Funding Round
Nigeria, United Kingdom, United States

Portfolio highlights

Thunes — Payment infrastructure for a connected world.
Africell Holding — Africell was established in 2001 in Africa and has been shaped by traditional African values, putting the communities in their markets at the heart and soul of our business. Connecting and empowering local communities lies at the very core of our strategy. Africell is one of the fastest-growing mobile telecommunications operators in Africa. Theyhave established theirselves as the number one provider in Gambia and Sierra Leone and are rapidly growing our newer operations in Democratic Republic of the Congo (DRC) and Uganda, where we purchased Orange Uganda. Africell Holding owns 100% of Africell’s operations in Gambia, Sierra Leone, DRC, and 98.99% of Africell Uganda. The total number of active subscribers reached 11 million by end of 2016. All four operations offer voice and 3G data services with plans to deploy LTE services, which are already available in Kampala, Uganda.
Zola Electric — ZOLA Electric designs renewable energy solutions based on the latest in solar, battery and power electronics technology. Adaptable to energy need and income, ZOLA Electric’s solar systems can be bought over time using PAYGo micro-finance leasing and mobile money payments. ZOLA Electric powers more than 180,000 homes and businesses across Tanzania,Rwanda, Côte d’Ivoire and Ghana. Investors include Tesla, Vulcan Capital, DBL Partners, Helios Investment Partners, EDF, Total and GE Ventures. ZOLA Electric is a recipient of the UN Momentum for Change Award, the Zayed Future Energy Prize and is a member of the Global Cleantech 100.

ENGIE Rassembleurs d'Energies initiative is the Group provides technical and financial support.

Investment focus

Solar, Agriculture, Energy
Series A, Seed, Series C
France, India, Kenya

Portfolio highlights

Enogrid — Enogrid provides energy monitoring solutions. It also allows users to measure and optimize the performance of building operations, visualize energy flows, customize distribution coefficients, monitor self-energy consumption, access transaction documents, and more.
Frontier Markets — Frontier Markets connects India’s rural customers to products and services at their doorstep. 551 million rural customers lack access to financial, productive, durable products and services that can economically improve their lives. This is because product companies do not have deep enough infrastructure to access to rural customers; denyingtheir ability to drive innovative solutions locally to their target rural customer. Frontier Markets drives the best selection of life-improving products and services to rural customers, while creating sustainable livelihoods for rural women. In partnership with existing SHG networks, we onboarded 4,000 women to become our digitally savvy women entrepreneurs called Saral Jeevan Sahelis. Our Sahelis use our assisted e-commerce and delivery platform, called the Meri Saheli app, to collect real-time data on customer, coordinate orders, and deliveries to earning an average of 65,000/- a year without having to leave their village, becoming local leaders, and decision-makers at home. Our local distribution hubs has a team of delivery field staff who ensure doorstep delivery daily, as well as coordinate after-sales service for product companies. This combination of high-tech and local teams, and product partnerships, has helped 700,000 rural customers access 1 million+ quality solutions in clean energy, agri, and homecare. The Meri-Saheli app was designed for rural customers and by our Sahelis, ensuring it’s easy to use. Bharat India’s digitization thrives, but to reach last-mile rural customers, an assisted solution allows for quick adoption, deep learnings, and optimal services to be delivered. Since COVID, we have partnered with 3 fintech companies to launch doorstep atm services, online payments, and financial services and leading FMCG companies to drive local essential goods doorstep deliveries. Achieving 97% conversion rates, and onboarding 2,000 new customers monthly. We have launched our 2.0 version for scale, adding AI capabilities to help Sahelis train to use the Meri Saheli app on their own. This will be a gamechanger, allowing us to partner with multiple SHG organizations at once who want to start the Saral Jeevan Initiative in their fields on their own. Our team has over 60 years of experience working in rural India in sectors like microfinance, telecom, and distribution allowing us to crack the rural last-mile challenge profitably. We envision becoming India’s largest high-tech, high touch platform delivering solutions to Bharat India connecting 100 million rural customers with 1 million digitally savvy women entrepreneurs.
Qarnot — Qarnot provides economical and ecological cloud HPC on a disruptive platform. Qarnot designs and develops Q.rad, a computing heater embedding microprocessors as a heat source and connected to the Internet. The company has built three generations of computing heaters with multiple CPU's and sold it to construction companies looking for heatersfor new buildings. Qarnot offers affordable HPC to avoid data center costs related to infrastructure, maintenance, and cooling.Qarnot was founded on 2010 and is headquartered in Montrouge, France.

Black Silver Capital invests in and builds a portfolio of high growth companies and businesses with innovative business models, geared to existing and emerging institutions and their customers. We invest growth capital in the form of equity to be used to assist established, but still high-risk ventures in expanding activity such as creatingadditional traction launching products into diverse markets as well as creating new products & technology lines.

Investment focus

Information Technology, FinTech, Finance
Seed, Pre-Seed, Series A
South Africa

Portfolio highlights

Accrual — We are a Software Development Company
Cyrrix Cybersecurity — At Cyrrix Cybersecurity, we understand the importance of protecting your business from online threats. Our team provides a full range of cybersecurity services to help safeguard your company's sensitive information and systems. We offer comprehensive risk assessments, penetration testing, and incident response planning to identify and addressvulnerabilities in your network. Our managed security services provide ongoing monitoring and threat detection to keep your business protected around the clock. With our help, you can rest easy knowing that your company's valuable assets are secure.
Aesthetic Prosthetic Bionics — Biological Engineering, Bionics, Biomimetics, Hydraulics, Prosthetics, Neuroprosthetics, Exoskeleton Suits, Dynamics, Kinematics Robotics, Human-Robot Interaction, Artificial Organs, Artificial Intelligence, Quantum Computing, Knowledge Reasoning, Machine Learning, Natural Language Processing, Computer Vision, Robotics, Artificial GeneralIntelligence, Deep Learning, Bayesian Networks, Evolutionary Algorithms, Computational Neuroscience, Neurocybernetics, Cybernetics, Cognitive Science, Source Coding, Channel Coding, Algorithmic Complexity Theory, Algorithmic Information Theory, Information-Theoretic Security, Grey System Theory & Biotechnology

E4E (“Entrepreneurs for Entrepreneurs”) specializes in supporting early stage ventures in South Africa from very early stage (pre-series A) to scale up.E4E focus on smart entrepreneurs and business ideas that are great businesses and make a significant contribution to a better (South) Africa.

Investment focus

Internet, Logistics, E-Commerce
Seed, Series A, Series B
South Africa, France, The Netherlands

Portfolio highlights

Pineapple — In short, Pineapple see the traditional insurance model, user journey and products as lacking and set out to remedy these by doing the following: 1) Changing the business model to align incentives, show people how premiums are used and award members leftover premium back 2) Making insuring as easy as snapping a picture where AI does the rest andcover is issued in under 60 seconds 3) Allowing per-item insurance and new product innovation to address cover not currently offered or accessible to manyPineapple launched in South Africa in 2018 with their "My Stuff" per-item insurance and have since launched their auto offering "My Ride". They have also partnered with Travelers in the US and have white-labeled their platform in the US.
TUNL — TUNL | Unlocking Exports
Hohm Energy — We make the process of going solar simple. Generate your free, custom solar proposal and get matched with an accredited solar provider in under 5 mins.

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.

Investment focus

Financial Services, Finance, FinTech
Debt Financing, Series B, Funding Round
India, The Netherlands, Kenya

Portfolio highlights

Laprophan — Laprophan gives people access to cutting-edge treatments and therapies. As a result, we are committed to researching, developing, and bringing new, innovative goods to market. dedication to patient-centered care pervades everything we do, from product creation to service delivery.
AMEA Power — Founded in 2016, AMEA Power has assembled a leading team of global industry experts to deliver clean energy projects across Africa, the Middle East and other emerging markets.
Northern Arc — Northern Arc Capital is a non-banking finance company that provides access to debt for under-served investors and businesses. Northern Arc Capita connects originators so that they may deepen their presence and provide access to financial services to millions of under-served households. Northern Arc Capital formerly Known as IFMR Capital. It wasfounded in 2008 and is headquartered in Chennai, India.

Investisseurs et Partenaires

Investment focus

Financial Services, Health Care, Food and Beverage
Funding Round, Seed, Series A
France, Senegal, Côte d'Ivoire

Portfolio highlights

iProcure — iProcure is a Nairobi-based start-up working to optimize the agriculture input supply chain in rural Kenya. iProcure’s web and mobile technology solution improves agriculture retailers’ operations. It lets them manage ordering based on inventory, point of sale activities, and client profiles along with geo-located purchasing patterns, real-timeagent performance and transaction analysis, and built-in mobile payments. As a result, retailers can better predict demand with business intelligence data, improve inventory management, and streamline distribution efficiency.
Trackbit — Trackbit is a cryptocurrency exchange platform.
Afrikamart — Afrikamart is a west African distribution platform for fresh produce that offers its marketing services to producers - suppliers - and operates as a digital purchasing center for retailers, hotels and restaurants - customers.We combine extensive use of digital with its experience in the food value chain to: - Facilitate information exchangebetween suppliers and customers (purchase price, sale price, product availability, harvest and purchase forecasts) - Organize end-to-end logistics with a network of transporters - Optimize financial and product flows according to different purchase and payment termsOur team includes experienced technology driven individuals with a strong experience in food commodity trading. Afrikamart brings pragmatic solutions to solve food value chain inefficiencies in West Africa while empowering hundreds of underprivileged women and young people with economic opportunities.

/*! elementor - v3.9.1 - 14-12-2022 */ .elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading

Investment focus

Software, Information Technology, Manufacturing
Funding Round, Series A, Seed
South Africa, United States, Sweden

Portfolio highlights

Octiv — Octiv is a well-known platform for gym management software.
wamly — Streamline your hiring process and save 70% of your hiring hours with Wamly's our one-way video interview software.
Outsized — Independent professionals for enterprises and consulting firms. Consultants and subject-matter experts with execution skills for projects and contract roles.

Leading Venture Capital & Builder in Southeast Asia | Experts in E-Commerce, B2B, B2C, Fulfilment Startups | Seed, Series A Funding

Investment focus

E-Commerce, Internet, Software
Seed, Pre-Seed, Series A
Nigeria, Indonesia, Thailand

Portfolio highlights

Laborhack — LaborHack offers a select network of tested and certified carpenters, plumbers, electricians, masons, welders, and other tradespeople. It provides cleaning, plumbing, electrical, and HVAC services.
Trade Lenda — With Trade Lenda, get quick finance in Nigeria without collateral.
Feather Africa — Feather Africa provides money transaction services, such as enabling users to send and receive money from anyone using the application. It offers withdrawals of cash without ATM cards by sending money to the nearest cash vendors.

KFW DEG offers financing, advice and support to private sector enterprises operating in developing and emerging-market countries.

Investment focus

Financial Services, Finance, FinTech
Debt Financing, Grant, Funding Round
India, Kenya, United States

Portfolio highlights

Copia Global — Copia is currently serving customers and rapidly growing in Kenya and Uganda with additional East African and West African countries expected in the next two
Indorama Fertilizers — Indorama Fertilizers operates a world-class, 1.4 million metric tonnes per annum urea manufacturing facility based in Port Harcourt, Nigeria. The plant has been developed to global environmental, social and construction standards. It plays a key role in supporting the agricultural sector in Nigeria by providing a reliable supply of fertilizers forlocal farmers, thereby enabling import substitution and supporting the diversification needs of the Nigerian economy. Indorama Fertilizers is also advantageously located to serve neighboring West African countries and key Western hemisphere markets, including North America, South America and Europe
Ecobank — A regional commercial bank operating in many African countries.

Africa's Climate Venture Builder - We believe in the power of climate-positive economic development in Africa. For the last decade, we have been working hand in hand with exceptional entrepreneurs, investing both financial and human capital to build successful climate ventures on the continent. Our companies offer competitive financial returns required to drive lasting impact.

Investment focus

Energy, Solar, Software
Seed, Series B, Funding Round
Nigeria, Senegal, Zimbabwe

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.
Ecobodaa —
Beacon Power Services — Beacon Power Services is a utility company that provides energy management software and analytics for utilities.

Proparco is devoted to private sector funding in the sustainable development sector.

Investment focus

Financial Services, Finance, Energy
Debt Financing, Funding Round, Seed
India, Kenya, Mauritius

Portfolio highlights

dru — dru is the Middle East and Africa's (MEA) first patient-centric, digitally-enabled lifestyle and diabetes management platform. dru aids the prevention and management of Diabetes, Pre-diabetes, and Obesity- serving millions in Egypt and across MEA and harnessing cutting-edge technology and an extensive network of providers. By usingdru's app, users can keep track and continuously monitor their blood sugar and blood pressure levels. dru users also have a full and organized record of their medications, lab and radiology results by logging them all in dru’s digital logbook intended for all types of medical records. One of the very unique features of dru is that it can connect its users to a wide array of monitoring devices, including continuous glucose monitoring. The insight dru users have access to as a result of dru’s features enables them to attain full 360 degree visibility over their health and state of wellbeing. dru’s round-the-clock medical support team are also available through the in-app's chat feature to answer all user queries and to connect users with a wide network of providers that are specialized in their cases.dru is now available for users, patients and patient caregivers to download on the Apple Store and on Google Play. dru was launched in 2023 by Almouneer, the leading digital transformation platform revolutionizing healthcare for patients and doctors across MEA.
Almouneer — Healthcare, Diabetes, Practice Management, Technology
NCBA Group — NCBA Group Plc, is a financial services conglomerate in East and West Africa.

Inspired Evolution established in 2007 as a specialised investment business to lead sustainable clean energy and resource efficiency investments across sub-Saharan Africa. Inspired Evolution offers a dedicated, multi-disciplinary, professional investment team with a deep track record targeting superior returns with measured development outcomes.Inspired Evolution’s investment focus is centered on clean energy and resource efficiency assets. We have demonstrated that capital deployment to investments in this specialised asset class, can generate exceptional returns at the nexus of social equity, ecological integrity and responsible economic growth. This lies at the heart of sustainable investing.Inspired Evolution’s view is that sustainability is not only everybody’s business as citizens of a rapidly globalising world, but that it will define the future of business and investment decisions.Inspired Evolution manages Evolution One Fund – its first dedicated, closed-ended third party investment fund. Evolution One Fund makes early stage, expansion and development stage, and later stage or mature equity and equity-related investments primarily for control or significant minority positions in market-leading growth businesses located principally in South and southern Africa.

Investment focus

Energy, Renewable Energy, PaaS
Series A, Funding Round, Series E
Nigeria, Mauritius, South Africa

Portfolio highlights

Escotel — Escotel is an energy services company currently focused on Sub-Saharan Africa countries. Escotel provides energy services to mobile tower owners and operators, owning and operating decentralized renewable energy infrastructure across Africa
d.light — Founded in 2007 as a for-profit social enterprise, d.light manufactures and distributes award-winning solar lighting and power products designed to serve the more than 2 billion people globally without access to reliable electricity. Through five distribution hubs in East Africa, West Africa, India, Southeast Asia, and the United States, d.lighthas impacted over 65 million lives with its products. d.light is dedicated to providing the most reliable, affordable, and accessible solar lighting and power systems for the developing world, with the goal of reaching 100 million people by 2020. For more information, visit www.dlight.com.
Red Rocket South Africa — Red Rocket is a renewable energy integrated power plant (IPP) that designs, develops, and distributes clean energy.

We are a creative engine for redemptive entrepreneurship, supporting founders, funders, and innovators motivated by their faith to love their neighbors and renew culture.

Investment focus

Non Profit, Social Assistance, Education
Seed, Pre-Seed, Series A
United States, Malawi, Nigeria

Portfolio highlights

Pangea — Our vision is a worldwide economy that positively impacts the lives of all people everywhere.
Church Space — Church Space is a platform that provides flexible shared rental options for renters seeking commercial space at an affordable rate. It was launched in 2019 by founder and CEO Day Edwards.
Please Assist Me — One app for all your home management needs. Say goodbye to all of the headache with managing multiple apps, service providers, and arrival times.

Better Ventures is the amplifier of essential science and technology startups.

Investment focus

Health Care, Biotechnology, Information Technology
Seed, Series A, Pre-Seed
United States, Kenya, Germany

Portfolio highlights

HILOS — Our mission is to change the way the world makes so that nothing goes to waste and everything that's put in can be taken back. We do this through our zero-waste manufacturing process paired with our circularity program.
Renoster Systems — An Intelligent Security Solution for Nature Reserves
Pow.bio — Pow.bio provides fermentation services for synthetic biology.

EcoEnterprises Fund offers tailored growth capital and strategic guidance to innovative impact businesses in order to scale and optimize their financial, environmental and social performance. For nearly 20 years, we have successfully proven our unique approach, managing two funds that have financed over 30 companies across 11 countries. Our 3rdfund, EcoEnterprises Partners III, LP, was launched in May 2018, building on our track record of delivering portfolio results while generating fair and sustainable livelihoods for local communities, and preserving our most important asset: Planet Earth.

Investment focus

Agriculture, Energy, Biomass Energy
Series A, Series C
Kenya, Mexico

Portfolio highlights

Sistema.bio — The Biodigester solution Sistema.bio is a biodigester with biogas appliances. High efficiency biodigesters transform organic waste into renewable biogas.
Sistema Biobolsa — The Biodigester solution Sistema.bio is a biodigester with biogas appliances. High efficiency biodigesters transform organic waste into renewable biogas.

They are an active, long-term, global, multi-asset investor focused on enabling more people to harness the power of investing to meet their financial goals.As the investment partner of AXA Group, the A-rated protection and wealth management provider, we draw on a longstanding heritage of creating solutions to manage real-life risks andchallenges.At the same time, our investment professionals are committed to finding the most efficient and sustainable sources of return across world markets, from equities to fixed income, real assets to other alternative asset classes.

Investment focus

Biotechnology, Health Care, Medical
Series B, Funding Round, Series A
United States, Kenya, Spain

Portfolio highlights

Mombak — Mombak is a carbon removal company that focuses on the reforestation of the Amazon. The company's team combines experts in science, technology, forestry, and carbon markets
Biolinq — Introducing a revolutionary platform for metabolic health.
LimmaTech Biologics — LimmaTech Biologics AG is a clinical-stage biopharmaceutical company.

AlphaMundi Group Ltd is a commercial entity based in Switzerland and exclusively dedicated to Impact Investing: profitable investments that generate substantial net benefits to society. It was founded in 2007 by a group of partners with extensive experience in the financial industry as well as responsible investments, microfinance andphilanthropy.AlphaMundi provides debt and equity financing to scalable social ventures in strategic sustainable human development sectors such as microfinance, affordable education, fair trade agriculture and renewable energy. AlphaMundi is currently investing out of its impact debt fund, SocialAlpha Investment Fund (SAIF) - Bastion, domiciled in Luxembourg. AlphaMundi also manages co-investments for SAIF-Bastion investors and third parties.AlphaMundi partners believe that Impact Investing is a new tool for development that can enhance more classical responsible investment approaches (which often lack impact measurability) and complement charitable solutions (which often lack financial viability). To this extent, the firm also contributes to the emergence of Impact Investing through education events, publications and industry associations. Impact investments are now being integrated by leading US and European banks, pension funds, foundations and family offices into traditional investment portfolios, as primarily decorrelated, illiquid and profitable financial assets.

Investment focus

Agriculture, Solar, Energy
Series A, Series B, Debt Financing
Kenya, Mexico

Portfolio highlights

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.
Mr. Green Africa — Mr. Green Africa - Recycling company that sells pre-processed recycling materials with a traceable social and environmental impact - fairly traded plastic.
MoKo Home + Living — MoKo Home is Kenya's one-stop furniture company specializing in comfort & smiles, having served over 10000 smiley homes to date. Will yours be next?

VilCap Investments is an early-stage impact investing fund, backing companies addressing the most pressing social and environmental challenges.

Investment focus

Financial Services, Health Care, FinTech
Seed, Funding Round, Series A
United States, India, Kenya

Portfolio highlights

Vexi — Vexi issues, operates and processes credit cards for young underbanked population on a mission to make credit accessible, through a 100% digital onboarding and unparalleled customer experience
SatSure — SatSure, they are on a mission to evolve crop insurance products and provide accurate risk assessment of crop yield by integrating climatic variables with geospatial and economic datasets.
Altro (fka Perch) — Perch Credit (also known as Perch), is a fin-tech mobile app that allows users to take common recurring expenses, such as their subscriptions & rent, and turn these into creditworthy data points. Perch is currrently live on iOS and plans to be on Android in the coming months.Perch recently graduated YC (S20) and closed 2.5M in their mostrecent round.

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.

Investment focus

FinTech, Software, Financial Services
Seed, Series A, Funding Round
France, United Kingdom, United States

Portfolio highlights

Qobra — Qobra is the next generation Sales Compensation Software designed for sales, operations, finance & HR fast-growing teams.
Cook-e — Cook-e's robotic kitchen automatically prepares warm dishes such as bowls, pastas, woks, from fresh ingredients. Recipes can be entered in the software controlling the robot. The robot can cook up to 100 dishes/hour.
Hohm Energy — We make the process of going solar simple. Generate your free, custom solar proposal and get matched with an accredited solar provider in under 5 mins.