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Top 5 Climate VC Funds & Investors in Sri Lanka (July 2026)

The most active venture capital funds investing in Sri Lanka Climate startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Sri Lanka Climate startup companies. Find investors to raise a Seed, Series A or Debt Financing round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
BOV Capital
VC Fund
2 Sri Lanka, India, Switzerland Seed, Series A E-Commerce, Retail, Internet $20k–$6.2M
Norfund
VC Fund
2 South Africa, Kenya, Nigeria Private Equity, Debt Financing Energy, Financial Services, Renewable Energy $2.2M–$156M
Singapore Angel Network
VC Fund
1 India, United States, Singapore Seed, Angel, Series A E-Commerce, Health Care, Software $100k–$4M
Aavishkaar Venture Capital
VC Fund
1 India, Indonesia, Sri Lanka Series B, Series A Financial Services, Manufacturing, Finance $2M–$29M
International Finance Corporation
VC Fund
1 India, Brazil, United States Debt Financing, Post-IPO Debt Financial Services, Finance, Banking $20M–$500M
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Investor list

BOV Capital
VC Fund · Lkan, Ustecky kraj, Czech Republic · 2 investments in Sri Lanka Climate startups

BOV Capital is a Venture Capital Firm based in Sri Lanka and Singapore.BOV Capital was established to help Sri Lankan startups capture regional and global opportunities.BOV Capital will engage with ventures across all aspects of the business.

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Investment focus

  • Industry: E-Commerce, Retail, Internet
  • Stage:Seed, Series A
  • Geography: Sri Lanka, India, Switzerland

Investor stats

  • Total investments: 20
  • Round size: Seed $20k–$50k; Series A $256k–$6.2M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: May invest from a new fund soon — raised $15M in 2016

Portfolio highlights

  • nCinga — We are a technology investment and venture builder platform. We work on ideas and businesses demonstrating to create value leveraging data affinity, and automation.
  • Linear Squared — Linear Squared is specialized in data science and advanced analytics solutions in Sri Lanka and is home to the country's best resources in AI and ML and other big data technologies.
  • Roar Media — Unlock your content potential with Roar Media. We specialize in creating platform-specific content for global brands and agencies at scale.
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Norfund
VC Fund · Oslo, Oslo, Norway · 2 investments in Sri Lanka Climate startups

Norwegian investment fund for developing countries

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Investment focus

  • Industry: Energy, Financial Services, Renewable Energy
  • Stage:Private Equity, Debt Financing
  • Geography: South Africa, Kenya, Nigeria

Investor stats

  • Total investments: 103
  • Round size: Debt Financing $2.2M–$156M; Private Equity $7.4M–$125M
  • Lead/follow: 62% lead, 38% follow
  • Last fund: May invest from a new fund soon — last raise in 2009

Portfolio highlights

  • WeLight — WeLight deploys sustainable and accessible solutions to accelerate energy inclusion in rural areas of Africa.
  • CrossBoundary — CrossBoundary Energy's renewable energy solutions help decarbonize enterprise by providing cleaner, cheaper and more reliable power.
  • mopo — Mobile Power's innovative pay-per-use battery sharing network unlocks clean energy for households, businesses and electric transport in Sub-Saharan Africa.
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Singapore Angel Network
VC Fund · Singapore, Central Region, Singapore · 1 investments in Sri Lanka Climate startups

SGAN is an early stage VC anchored by the multi billion dollar Thakral Group of Companies and has investments across India, Singapore and the USA.

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Investment focus

  • Industry: E-Commerce, Health Care, Software
  • Stage:Seed, Angel, Series A
  • Geography: India, United States, Singapore

Investor stats

  • Total investments: 91
  • Round size: Seed $250k–$3M; Angel $100k–$700k; Series A $1.4M–$4M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • MyCaptain — MyCaptain is an online learning and teaching platform offering online courses with placements and certification programs. Upskill industry knowledge in the fields of business, marketing, design, content, and more.
  • Dawaa Dost — Dawaa Dost specializes in the pharmacy retail chain of generic medicines in India. The company focuses on the availability of affordable generic medicines. Dawaa Dost was founded by Amit Choudhary and Yash Harlalka and is based in India.
  • The Ayurveda Experience — The Most Trusted and Recognized Ayurveda Platform in North America and Australia, Your One-Stop Shop for All Things Ayurveda! Customized to your Dosha or Body Type, enabling the most personalized Ayurveda Experience. Free Shipping to most parts in the world for orders over 30 USD!
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Aavishkaar Venture Capital
VC Fund · Mumbai, Maharashtra, India · 1 investments in Sri Lanka Climate startups

AGIMDC invests in start ups, transforming NBFCs and mature MFIs. AGIMDC was sponsored by the Dutch fund Goodwell Microfinance Development Company. AGIMDCâ€:tm:s investment managers have extensive experience in private equity and microfinance.

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Investment focus

  • Industry: Financial Services, Manufacturing, Finance
  • Stage:Series B, Series A
  • Geography: India, Indonesia, Sri Lanka

Investor stats

  • Total investments: 96
  • Round size: Series A $2.3M–$11M; Series B $2M–$29M
  • Lead/follow: 58% lead, 42% follow
  • Last fund: Likely still investing — raised $130M in 2022

Portfolio highlights

  • AgroStar — AgroStar is India’s foremost AgTech start-up working on the mission of #HelpingFarmersWin by providing a complete range of agri solutions at the fingertips of farmers. AgroStar’s tech platform provides a combination of agronomy advice coupled with service and agri input products that enable farmers to significantly improve their productivity andincome.We use an extensive amount of data, technology and agronomy knowledge to give the right solutions (advice+products) to Indian farmers.AgroStar currently operates in the states of Gujarat, Maharashtra, and Rajasthan and has over 5 Lakh farmers on its digital platform. Farmers in these states can avail agri solutions for their entire crop life-cycle with a simple “missed call” or through its Android app, which is amongst the highest rated farming focused apps in the country.Over the next 5 years, we plan to continue to provide incremental value to farmers in terms of wide range of inputs delivered at their doorsteps, world-class agronomy guidance and also access to market linkages and credit.
  • Newtrace — NewTrace is building the next generation of electrolyzers to help fulfil the vision of affordable green hydrogen
  • NEPRA Resource Management — NEPRA Resource Management provides waste management solutions in India. It offers dry waste management and recycling; waste pick up; and waste handling and reporting. NEPRA Resource Management collects and processes a range of materials, including commercial and industrial waste, paper and cardboard, metal, glass, plastic, E-waste, and wood. Itoffers services for waste-pickers/society cleaners/building care takers/malls/residential societies/commercial establishments or any other type of waste generator. NEPRA Resource Management serves hotel, IT, telecom, and research industries; retail sectors, multi brand outlets, residential associations, individual households, and townships; and Ahmedabad Municipal Corporation. It began operation in 2006, with its headquarters in Ahmedabad in India as a subsidiary of Nepra Group.
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International Finance Corporation
VC Fund · Washington, District of Columbia, United States · 1 investments in Sri Lanka Climate startups

A strong and engaged private sector is indispensible to ending extreme poverty and boosting shared prosperity. That's where IFC comes in - we have more than 60 years experience in unlocking private investment, creating markets and opportunities where they are needed most.

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Investment focus

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

Investor stats

  • Total investments: 594
  • Round size: Post-IPO Debt $50M–$500M; Debt Financing $20M–$400M
  • Lead/follow: 63% lead, 37% follow

Portfolio highlights

  • PasarPolis — PasarPolis is an insurtech startup that provides an online insurance comparison platform for individuals. The company offers quotes for health insurance, life insurance, car insurance, personal insurance, property insurance, and claims processing services.The company was founded by Cleosent Randing in 2015 and is headquartered in Jakarta,Indonesia.
  • Twiga Foods — Twiga is a mobile-based supply platform for Africa’s retail outlets, kiosks, and market stalls. The company is using a mobile-based, cashless, business-to-business (B2B) supply platform to access distribution into the millions of small and medium-sized vendors in African urban markets. Founded in 2013, Twiga is based in Nairobi, Kenya.
  • ABBANK — An Binh Commercial Joint Stock Bank, a commercial bank, provides consumer and corporate banking services in Vietnam. The company offers consumer banking services, such as term and non-term savings, demand, and accumulated savings deposits; and unsecured consumption, home erection/renovation, secured consumption, business and production, car,home, listed and non-listed securities, overseas study, savings account book/account balance mortgage, and business and production supplementary loans. It provides corporate banking services, including commercial financing, import financing, pre-shipment export financing, SME financing, and co-financing loans; supplementary installment loans for business.
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Climate VC funding in Sri Lanka at a glance

Stats across 17 deals from 15 investors.

15
investors
in Sri Lanka Climate startups
17
deals
in Sri Lanka Climate startups
$150k
median round
in Sri Lanka Climate startups
47%
lead investors
lead at least one round
35%
Series A
most common funding stage

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