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Top 50 Education VC (Venture Capital) Funds in Africa in May 2026

A list of 50 VC (Venture Capital) funds that invest in Education startups based in Africa. We rank investors based on the number of investments they made in Education companies from Africa. We update this investor list every month.

Top 50 Education VC (Venture Capital) Funds in Africa in May 2026

Investor Education Africa investments
iHub 10
Launch Africa 7
54 Collective 5
Proparco 5
Kepple Africa Ventures 4
Ventures Platform 4
Vumela Fund 4
Investisseurs & Partenaires 4
AngelHub Ventures 4
Microtraction 4
Chinook Capital Limited 3
MNF Ventures 3
ODBA 3
F6 Ventures 3
LoftyInc Capital 3
Consonance Investment Managers 3
DOB Equity 3
Emerge VC 2
Nestcoin 2
Seedstars Africa Ventures 2
Acumen 2
Wamda 2
International Finance Corporation 2
Musha Ventures 2
Ardent Capital 2
Knife Capital 2
Savannah Fund 2
pledges.com 2
TLcom Capital Partners 2
FINCA Ventures 2
Untapped Global 2
Growth Capital 2
Future Africa 2
British International Investment 2
LocalGlobe 2
Praxis 2
The A to Z Impact Foundation 1
U.S. International Development Finance Corp 1
African Infrastructure Investment Managers 1
Development Partners International 1
Calvert Impact Capital 1
AfricInvest 1
Verdant Frontiers 1
Enygma Ventures 1
Jasminum Capital 1
Autodesk Foundation 1
Naspers Foundry 1
FM Capital Group 1
Finnfund 1
Sustainable Ocean Alliance 1

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iHub
VC Fund · Nairobi, Nairobi Area, Kenya

iHub is a globally recognized organization that is deeply steeped in the local tech innovation culture. It is fair to say that the iHub has been both the main catalyst for regional tech acceleration and a role model for tech hubs across emerging markets. We are nurturing the best innovation and entrepreneurship ecosystem; one that constantlychallenges and influences technology; one that can be replicated across the continent, as we believe that African innovation will play a critical role in shaping future technology globally.

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Investment focus

  • Education, E-Learning, EdTech
  • Seed
  • Kenya, South Africa

Portfolio highlights

  • SILABU — Silabu is a platform that links students with skilled teachers to help them achieve their learning objectives, offering an alternative to traditional education.
  • ntemata — ntemata an Edtech platform that allows you to automate teacher assessment processes and analyze competence-based learning holistically.
  • LoHo Learning — Loho Learning is an e-Learning platform that provides customized and interactive education to the schooling generation in a variety of digital formats.
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Launch Africa
VC Fund · Ebène, Plaines Wilhems, Mauritius

Launch Africa is a leading Pan-African VC fund solving the significant funding gap in the Seed and pre-Series A investment landscape in Africa

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Investment focus

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

Portfolio highlights

  • Zazuu — Zazuu is a platform for sending money across the border.
  • Gigmile — Gigmile provides financial services. They provide gig workers with core services and an affordable lease on productive assets that is tailored to their earnings to enable them to succeed in the mobility industry as entrepreneurs.
  • REasy — Top up locally, pay suppliers globally, and manage international shipments with REasy. Fast, secure, and designed for African businesses expanding worldwide.
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54 Collective
VC Fund · Johannesburg, NA - South Africa, South Africa

Building and scaling African tech startups with catalytic capital, value-add support and our global network.

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Investment focus

  • Health Care, Information Technology, FinTech
  • Seed, Pre-Seed, Funding Round
  • Kenya, Nigeria, South Africa

Portfolio highlights

  • Billboxx — Manage payables, receivables, financing and banking in one platform.
  • mTek — mTek is a digital online insurance platform that provides an entirely paperless ecosystem for the insurance industry.
  • REasy — Top up locally, pay suppliers globally, and manage international shipments with REasy. Fast, secure, and designed for African businesses expanding worldwide.
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Proparco
VC Fund · Paris, Ile-de-France, France

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

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Investment focus

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

Portfolio highlights

  • Moniepoint — Moniepoint provides an all-in-one payments, banking and operations platform for businesses and their customers.
  • IPT PowerTech — IPT PowerTech coverage, coupled with our extensive expertise in supply chain management, field implementation, and power systems, has made us one of the most capable companies in handling the most complicated and versatile projects in the MEA region and its neighboring countries.
  • Delta Holdings — Delta Holdings specialises in strategic global investments and active management of subsidiaries in the speciality chemicals business.
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Kepple Africa Ventures
VC Fund · Tokyo, Tokyo, Japan

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

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Investment focus

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

Portfolio highlights

  • Paps — Paps is a transport and logistics company that offers innovative distribution and delivery solutions to companies and merchants.The company's e-commerce platform helps companies and traders with scheduling and tracking deliveries on a real-time basis. It offers the distribution of documents and parcels, storage of goods in a secure warehousethat meets standards, and delivery of insured parcels in relay point or last mile. It also provides professional services such as management and repayment of cash on delivery, provision of couriers, management of returns, collection, and periodic reporting.The Dakar, Dakar, Senegal-based company was founded in 2016
  • Mvxchange — MVX makes freight shipping easier and more coordinated for companies of any size by bringing the whole booking and deployment process online. We simplify Africa’s end-to-end import and export trade transactions by aggregating and organizing 7+ services through 1 digital channel.
  • 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.
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Ventures Platform
VC Fund · Abuja, Federal Capital Territory, Nigeria

We back founders building the future of Africa. We invest in companies that solve for non-consumption, plug infrastructural gaps and democratise prosperity in Africa, by eliminating the barriers for access and reducing the costs of delivering goods and services.

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Investment focus

  • Financial Services, FinTech, Internet
  • Seed, Pre-Seed, Funding Round
  • Nigeria, United States, Kenya

Portfolio highlights

  • Raenest — Access Virtual Accounts, Invoicing, Multi-Currency Payouts, Auto Payroll, Accounting Integrations, and Virtual & Physical cards within minutes.
  • SEND — SEND manages the entire process of moving freight by air, ocean and road to and from Africa - including customs processes, trucking and warehousing. Our application provides instant quotes & bookings, document management, cost transparency, notifications and tracking for your cargo.
  • Remedial Health — We improve business to business access to medicines by providing such medicines from manufactures/registered distributors direct to large and small healthcare retail businesses (large pharmacies and remote chemist/PPMVs (Patent and Proprietary Medicine Vendors)) using technology to deliver just-in-time stock and provide financing and awide selection of inventory to such retail business.
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Vumela Fund
VC Fund · Hyde Park, Newtownabbey, United Kingdom

Vumela was established in 2009 by FNB Business Banking and Edge Growth. The objective was to create an innovative model for the development of a sustainable and a financially and operationally independent investment business which invests in high growth small, medium and micro size enterprises with good economic and impact returns.Vumela wascapitalised in 2010. Within the first four years, we’d invested R90 million into eight high growth SMEs, and created a total of 400 jobs. They launched their second fund in 2015, after a further investment of R100 million from FirstRand and R127 million from the Jobs Fund. Within the first year of launching this second fund, we’ve committed R43 million to five investments that are expected to create over 1800 new jobs.The first fund of its kind in South Africa, Vumela’s main goals are to invest in and develop entrepreneurial companies in order to help alleviate poverty in South Africa by creating jobs, and to generate a return for its beneficiaries: the Shalamuka Foundation and the FirstRand Group.

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Investment focus

  • Education, Software, Art
  • Funding Round, Seed, Debt Financing
  • South Africa, Brazil

Portfolio highlights

  • Rentoza — We champion giving you access, affordability and flexibility to explore tech on your own terms
  • Kusini Water — Kusini Water builds water treatment systems from nanotechnology and macadamia nut shells.
  • Trade Shield — Trade Shield's aim is to increase access to trade credit facilities for those companies that most need them and will benefit the most from them.
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Investisseurs & Partenaires
VC Fund · Paris, Ile-de-France, France

Investisseurs et Partenaires

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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.
  • Lapaire — Discover a wide range of high-quality & affordable eyeglasses at Lapaire Glasses. Book a free vision test with our professional optometrists to help you find your perfect pair of glasses to enhance your vision and style. Shops in 7 african countries: Benin, Ivory Coast, Togo, Burkina Faso, Mali, Kenya and Uganda.
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AngelHub Ventures
VC Fund · Stellenbosch, NA - South Africa, South Africa

Operating out of Stellenbosch in South Africa and backed by two family offices Angelhub Ventures's team is passionate about early stage investments in (South) Africa. Being entrepreneurial ourselves, we thoroughly understand the challenges and changes our founders face – which is why we back them in any way we can. Most importantly, we believein building great businesses and we are in it for the long haul.

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Investment focus

  • Software, Information Technology, Education
  • Seed, Series A
  • South Africa, Mexico, Colombia

Portfolio highlights

  • Syscap — Syscap is a financial technology company that offers cutting-edge solutions to financial institutions to have a better administration and management of their funding sources. It connects the leaders of financial and real estate institutions with their funders. For institutions, the company ensures the optimization of their funding source managementprocesses, but also the strengthening of the relationship with their funders. To funders, Syscap guarantees the transparency and timely monitoring of its funds for the safety and growth of its resources.
  • Godochurch — GoDoChurch is a cloud-based church administration software which is designed to assist Christian churches and ministries with managing members, Sunday services, events, communications, and more. The system is made up of a base package, covering messaging, news, ministries, lists, church roles, services, events, and growth paths, with additionalmodules for managing follow-ups, groups, and Kids church.
  • Velocity — Velocity is a micro fulfillment dark store that delivers through digital channels.
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Microtraction
VC Fund · Lagos, Lagos, Nigeria

We invest in Africa's most remarkable teams with technical founders at the earliest stage of their venture

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Investment focus

  • Financial Services, FinTech, Software
  • Pre-Seed, Seed, Angel
  • Nigeria, United States, Ghana

Portfolio highlights

  • Paycrest — Paycrest decentralized payment routing protocol enabling secure conversion and settlement between stablecoins and fiat.
  • Accounteer — Accounteer is a cloud accounting platform for small businesses. Business owner can create invoices, track expenses and follow up on their finances with ease. Accounteer integrates with external services like banks, e-invoicing platforms and e-commerce. Future proof your business today by subscribing for a free Accounteer trial account.
  • LemFi — Send money to India, China, Pakistan, Nigeria, Ghana, Kenya and 30 other countries. Receive and manage your money without stress
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Chinook Capital Limited
VC Fund · Lagos, Lagos, Nigeria

Chinook Capital is focused on investments in seed- and pre-stage companies in internet software, services, and media sectors.

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Investment focus

  • EdTech, Retail, Software
  • Seed, Funding Round, Pre-Seed
  • Nigeria

Portfolio highlights

  • Edves — Edves automates the brick and mortal School operations from Student enrollment, Fee Collection, Lesson Note up to Transcript Generation.
  • Youverify — Youverify helps businesses and individuals confirm identity and physical addresses. Using AI, Youverify confirms a user’s identity document and compares it with their facial biometrics. This information can be cross-checked against more than 300 databases locally and globally.Youverify in partnership with over 20,000 field verification officersverifies physical addresses all over Sub-Sahara Africa in less than 48 hours.Youverify fills the gap in Africa's digital industry by providing one API for identity and physical address verification.
  • Lifestores Pharmacy — Lifestores is a retail pharmacy start-up bringing disruptive innovation to the pharmaceutical sector in Nigeria by democratizing quality medicines and pharmaceutical services.
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MNF Ventures
VC Fund · Casablanca, Grand Casablanca, Morocco

MNF Ventures is a venture capital fund based in Morocco, investing in Seed, Pre-Series A and Series A startups. Tickets size can go up to USD 1M. We invest in tech startups operating in Fintech/Insurtech, EdTech, Regtech, HealthTech, Biotech, EnergyTech Cybersecurity, SaaS... Startups have either to be based in Morocco, or be based worldwideif at least one of the founders is a Moroccan citizen. MNF Ventures manages Maroc Numeric Fund and Maroc Numeric Fund II.

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Investment focus

  • Online Portals, FinTech, Enterprise Software
  • Seed, Series A, Pre-Seed
  • Morocco, France, Canada

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.
  • ZSystems — ZSystems is a transformative super app designed to redefine B2B trade.
  • Upfund — Upfund is a real estate company that provides reliable data on office, retail, and business premises. Upfund is a digital solution designed to respond to most commercial real estate business issues. They develop tools perfectly adapted to clients' requests in a remarkable time. Founded in 2022 and is located in Paris, France.
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ODBA
VC Fund · Port Louis, Port Louis, Mauritius

We invest in people and stories, which are at the heart of everything we do.

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Investment focus

  • Financial Services, FinTech, Education
  • Pre-Seed, Seed, Series A
  • Nigeria, Rwanda, United States

Portfolio highlights

  • Zazuu — Zazuu is a platform for sending money across the border.
  • Bitmama — Bitmama is the best cryptocurrency trading platform that lets you buy, sell Bitcoin, ETH, Celo, USDT, XRP, and more. Available in Nigeria & over 100 countries.
  • GetFundedAfrica — GetFundedAfrica's mission is to help Africa’s most promising startups find funding, grow & solve society’s greatest challenges. We do this through a media portal - GetFundedAfrica News; a learning portal - REMSANA; and an investment arm - GFA Ventures
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F6 Ventures
VC Fund · Tunis, Tunis, Tunisia

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.

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Investment focus

  • E-Commerce, Retail, FinTech
  • Pre-Seed, Seed
  • Tunisia, France

Portfolio highlights

  • WeMove — WeMove is a fitness marketplace for daily gym passes. They develop innovative solutions that meet your sports issues.
  • Bako Motors SAS — Bako Motors SAS is a motor vehicle manufacturing company that develops solar electric vehicles. manufacturer of electric vehicles with the goal of creating long-term fixes for rural areas' transportation issues with regard to people, cargo, and machinery. The business makes electric cars as well as solutions for clean energy generation andstorage that are infinitely scalable, providing users with inexpensive and environmentally friendly e-mobility.
  • Insight Plus — Insight Plus is a foreign exchange platform that specializes in interconnecting global exchanges into one eco system.
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LoftyInc Capital
VC Fund · Carmel, California, United States

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

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Investment focus

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

Portfolio highlights

  • Aku — Aku is a financial technology to drive financial inclusion on one mobile device. They provide payments and bring financial services to the doorstep. They support the new business owner in need of the right tools. They offer low-cost, accessible financial services that serve their customers. They radically democratized access to banking and digitalpayment channels.
  • AlumUnite — AlumUnite is a purpose-built platform to connect all educated Africans to develop Africa's human capital through alumni groups. We crowd-resource education.
  • TechAdvance — Get the Bet9ja app today! Download and install to place bets, play casino games, and enjoy seamless, secure betting on mobile.
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Consonance Investment Managers
VC Fund · Lagos, Lagos, Nigeria

We are an investment company focused on helping early and growth-stage entrepreneurs build successful companies in Africa.

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Investment focus

  • Software, Information Technology, FinTech
  • Seed, Series A, Pre-Seed
  • Nigeria, United States, Kenya

Portfolio highlights

  • Releaf Earth — 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.
  • Tripesa — Tripesa offers payment solutions for Africa's travel and tourism industry.
  • Plural — Smarter, Faster, Future-Ready Policy Strategy. Plural transforms how enterprises and organizations anticipate and act on legislation. Our AI-powered platform delivers accurate bill analysis, policy insights, and stakeholder intelligence so you can stay ahead of risk, seize opportunity, and shape outcomes. See How It Works Book A Demo Trusted By Deepen Your State & Federal Legislative
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DOB Equity
VC Fund · Veessen, Gelderland, The Netherlands

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

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Investment focus

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

Portfolio highlights

  • FarmWorks — FarmWorks is an agricultural technology company that gives farmers access to farm inputs as well as a market for the produce .FarmWork is to unlock agricultural potential by building clusters of mid-sized farms while working with thousands of small-holder farmers and establishing direct linkage to local and global markets.
  • Ilara Health — Ilara Health helps primary care clinics across Africa deliver better care.
  • Spouts of Water — SPOUTS mission is to manufacture and distribute ceramic water filters to provide everyone in Uganda with safe water.
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Emerge VC
VC Fund · London, England, United Kingdom

Emerge is a $70m pre-seed fund backed by 100+ of the world’s best edtech and future of work founders and executives. Our vision is to democratise access to opportunity by being a catalytic partner for early-stage founders re-designing the future of learning and work.

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Investment focus

  • Education, EdTech, E-Learning
  • Seed, Pre-Seed, Series A
  • United Kingdom, Germany, United States

Portfolio highlights

  • Popp AI — Popp helps brands boost customer lifetime value + unlock community-led growth by transforming customer advocacy into a community sport.
  • Popp — Joinpopp provides AI-driven solutions to automate recruitment tasks, including application screening and candidate conversations. The platform integrates seamlessly with ATS/CRM systems, enhancing efficiency in the hiring process. Joinpopp also offers features for creating personalized messages, streamlining communication with potentialcandidates.
  • Kinfolk — Resolve 70% of employee requests, run lifecycle programs on autopilot, gain visibility into service delivery and unlock capacity to scale Workforce Ops.
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Nestcoin
VC Fund · Tórtola, Castilla-La Mancha, Spain

Nestcoin is a web3 application company that builds, operates, and invests in crypto-native products.

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Investment focus

  • Blockchain, Cryptocurrency, Education
  • Pre-Seed
  • Rwanda, Nigeria, United States

Portfolio highlights

  • Stakefair — Stakefair is an ecosystem of blockchain, crypto and DeFi products.
  • Nandi Labs — Nandi Labs, Home of Nandi Cowry, Digital FESTAC and MoveMint Magazine
  • AltSchool Africa — Let's invest in your Future. Learn highly sought after tech skills without hassle. A program designed to arm you with the skills and knowledge required to boldly launch your tech career.
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Seedstars Africa Ventures
VC Fund · 1 investment in the past 12 months

Seedstars Africa Ventures is an early-stage venture capital fund investing in high-growth companies active across Sub-Saharan Africa.

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Investment focus

  • Energy, FinTech, Software
  • Seed, Series A
  • Kenya, France, Nigeria

Portfolio highlights

  • 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.
  • Shamba Pride — Revolutionizing Rural Agriculture Trade Ecosystem for Africa Farmers Traditional farming methods across Africa often depend on synthetic inputs, degrading so...
  • Beacon Power Services — Beacon Power Services is a utility company that provides energy management software and analytics for utilities.
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Acumen
VC Fund · New York, New York, United States

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

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

Portfolio highlights

  • BURN — The future of clean cooking
  • Juhudi Kilimo — Juhudi Kilimo is a social enterprise that provides asset financing and technical assistance to smallholder farmers and small-to-medium agro-businesses.
  • Gramalaya Urban And Rural Development Initiatives And Network — Gramalaya Urban And Rural Development Initiatives And Network (GUARDIAN) is addressing the complex water and sanitation problems faced by low-income communities in India through its innovative water credit solution. GUARDIAN provides microloans to low-income families seeking to install water and sanitation facilities in their households.
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Wamda
VC Fund · Dubai, Dubai, United Arab Emirates

Wamda is a platform of programs and networks that aims to accelerate entrepreneurship ecosystems across MENA.

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Investment focus

  • Information Technology, Logistics, EdTech
  • Seed, Pre-Seed, Series A
  • United Arab Emirates, Egypt, Tunisia

Portfolio highlights

  • GoMyCode — GoMyCode is changing the education market by training talents in a dynamic belnded environement on digital skills and connects them with tech opportunities around the world. Based on 4 Main Aspects: - Data based Assessment - Data based matching - Business Analytics - Learning Platform - Content EditorGoMyCode provides digital Skills Training forthe Future of Work. In 4 Different fields: - DATA - DEVELOPMENT - DESIGN - DIGITAL MARKETING
  • Dukkantek — Dukkantek aims to empower and enable traditional merchants to be able to compete in the modern world or the digital world through digital transformation. It is a technology partner that improves and provides so many solutions to your business. Dukkantek has what every store needs to manage their business easily and efficiently. With Dukkantek, you will have an end-to-end technology companion that improves all your processes.
  • FreshSource — FreshSource is revolutionizing the agriculture value chain through a tech-based B2B platform that is disrupting the distribution model of horticulture produce.
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International Finance Corporation
VC Fund · Washington, District of Columbia, United States

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

  • Financial Services, Finance, FinTech
  • Debt Financing, Funding Round, Series B
  • India, Brazil, United States

Portfolio highlights

  • Revelo — Scale your development team with the top 1% of 1,000,000+ software engineers in Latin America. Get matched with senior remote developers who have strong technical and English-speaking skills & hire them without the overhead. We handle payroll, taxes, and HR. Flat monthly rate.
  • iyzico — iyzico was founded with the aim of providing a secure payment management platform to online companies of different sizes operating in different industries. Currently it offers iyziPos (secure virtualPOS solution with automated fraud prevention and high authorization-rate bank integrations) , iyziBazaar (manage marketplace payments), iyziLink (payby link, without the need of a shopping site), and Buyer Protection (secure shopping experience) as the flagship products.
  • Candela — We build electric hydrofoil boats and ferries for leisure and commercial use. Explore the Candela C-8 and the Candela P-12.
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Musha Ventures
VC Fund · New York, New York, United States

Seed capital for technology startups globally.

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Investment focus

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

Portfolio highlights

  • Regfyl — Powered by AI, Regfyl is the all-in-one fraud and compliance platform for financial institutions and fintechs. Regfyl allows these businesses to reduce costs and focus on higher value activities.
  • Flowcart — Sukhiba is a decentralized community-based commerce platform.
  • Orca Fraud — Orca empowers fraud fighters with effective tools to combat fraud
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Ardent Capital
VC Fund · Bangkok, Krung Thep, Thailand

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

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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 — Trade Lenda: Access to Loans, Investments, Utility Payments, Credit Access, Insurance, and More! Unlock Opportunities to Earn, Invest, and Grow. Secure Personal or Business Loans Toda
  • 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.
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Knife Capital
VC Fund · Cape Town, NA - South Africa, South Africa

Knife Capital is an independent growth equity investment firm focusing on innovation-driven ventures with proven traction. By leveraging knowledge, networks & funding, Knife accelerates the international expansion of entrepreneurial businesses that achieved a product/market fit in a beachhead market. Knife have offices in Cape Town andLondon.Knife invests via a consortium of funding partnerships, including SARS section 12J Venture Capital Company KNF Ventures and select family offices. Knife facilitated lucrative exits of local technology companies to the likes of General Electric, Visa, Garmin and Uber.

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Investment focus

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

Portfolio highlights

  • Octiv — Turbocharge your fitness business, grow your community and build your brand with Octiv's leading Gym Management Software.
  • Outsized — Independent talent for enterprise clients and consulting firms in Asia-Pacific, Africa, and the Middle East.
  • Simera Sense — Simera Sense develops camera control electronics for optical payload and Cubesat imager solutions.
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Savannah Fund
VC Fund · Nairobi, Nairobi Area, Kenya

Savannah Fund is a seed capital fund specializing in US$25,000-US$500,000 investments in early stage high growth technology (web and mobile) startups in sub-Saharan Africa. Initially focused on East Africa, the fund aims to bridge the early stage/angel and venture capital investment gap that currently exists in Africa. The Fund expects toachieve this objective by combining capital with mentor networks both in the region and from Silicon Valley via an accelerator program and a follow-on independent seed fund.The fund is managed by an experienced and technology savvy team that have founded companies or are actively involved in angel investing or having run successful accelerator programs in past but also understand the unique Subsaharan African environment. They are backed and supported by both local, regional and international networks of angels,venture capitalists whose expertise we can draw on to help startups succeed and scale to fully fledged regional or global companies.They believe in the potential for Africa to become a global technology innovator by creating sustainable for profit companies that create jobs and make an impact.

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Investment focus

  • E-Commerce, FinTech, Software
  • Seed, Series A, Pre-Seed
  • Kenya, United States, South Africa

Portfolio highlights

  • Oze — OZÉ brings African small businesses into the digital era. It is an app that makes it easy for businesses to track sales, expenses, and customer information. The data is analyzed to provide tailored recommendations, reports, and business education. If the entrepreneur needs a little extra support, an OZÉ Coach is just a click away. As they are usingOZÉ to manage their business and learn how to run it better, we are learning about them. Using this data and machine learning, we can predict their credit risk and provide them with affordable capital from our banking partners. With over 20,000 registered users, OZÉ is the largest online community of SMEs in Ghana. The most exciting thing is that OZÉ works; 97% of businesses that have used OZE for at least 9 months are growing or profitable or both!
  • Root — Launch digital and embedded insurance solutions with omni-channel distribution.
  • Afropolitan — Afropolitan is building a Network State to unleash the maximum potential of Africans around the world. Are you interested? Join us with your email.
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pledges.com
VC Fund

Start a US charity in minutes, without filing any paperwork

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Investment focus

  • Education
  • Pre-Seed
  • Rwanda

Portfolio highlights

  • AltSchool Africa — Let's invest in your Future. Learn highly sought after tech skills without hassle. A program designed to arm you with the skills and knowledge required to boldly launch your tech career.
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TLcom Capital Partners
VC Fund · London, England, United Kingdom

TLcom Capital, is an Africa focused tech VC, with offices in Lagos, Nairobi and London. TLcom had been investing since 1999 in Tech, Media, Mobil and Internet companies across Europe, US and Africa, which is the exclusive focus of its most recent TLcom TIDE Africa funds. TLcom manages total commitments of approximately 300 million USD in thesesectors via a series of dedicated investment vehicles. Our investment strategy is to identify, back and assist world class entrepreneurs and management teams with disruptive technologies and business models, compelling intellectual property and deep market knowledge. We primarily target companies focused on Africa as a prime market, in the following investment themes: Access to Data Service; Financial Services; eCommerce; B2C applications (including but not limited to: health, education, energy, media and entertainment); and Software solutions to corporates and SMEs.

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Investment focus

  • Software, Mobile, Information Technology
  • Series A, Funding Round, Seed
  • Nigeria, United States, United Kingdom

Portfolio highlights

  • Hub2.Io — Welcome to HUB2, the leading FINTECH startup in interoperability and payment infrastructure in Francophone Africa. We are proud to work with all financial industry players in Africa who need stable and high-performing infrastructure, and contribute to their success.
  • Talstack — Talstack is an all-in-one platform for employee growth and development
  • littlefishapp — Full stack enterprise platform that extends your infrastructure, instead of replacing it.
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FINCA Ventures
VC Fund · Washington, District of Columbia, United States

FINCA Ventures is an impact investing initiative of FINCA International that provides patient capital and support to early-stage social enterprises.

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Investment focus

  • Financial Services, FinTech, Education
  • Seed, Series A, Pre-Seed
  • Kenya, Mexico, Sweden

Portfolio highlights

  • Bamba — We help large companies that want to help their affinity users to solve unforeseen events fast, by minimizing costs, through a smart digital agent embedded in any company’s interface
  • Lapaire — Get the best affordable eyeglasses in Africa with Lapaire. Book your free vision test today at our locations across Benin, Ivory Coast, Togo, Burkina Faso, Mali, Kenya & Uganda. Quality glasses, professional optometrists, unbeatable prices.
  • Good Nature Agro — Their priority is to generate lasting income with small-scale farmers. They build local community leaders into qualified Private Extension Agents (PEAs) who oversee and train farmers throughout the growing season. They support PEAs to provide frequent trainings and personalized recommendations on how their growers can make their field healthier andmore productive. PEAs promote improved farm practices and deliver a farmer-friendly loan of seeds and additional inputs. At harvest, Good Nature is a guaranteed market for the certified legume seed that their growers produce. Choosing to produce these high-value crops over traditional cash crops - maize and cotton - more than doubles their income.
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Untapped Global
VC Fund · San Francisco, California, United States

Untapped connects global investors, and foreign capital to opportunities in emerging markets. Delivering competitive returns, and measurable impact for global investors.

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Investment focus

  • FinTech, Consumer Goods, Financial Services
  • Seed
  • South Africa, Kenya

Portfolio highlights

  • Gigmile — Gigmile provides financial services. They provide gig workers with core services and an affordable lease on productive assets that is tailored to their earnings to enable them to succeed in the mobility industry as entrepreneurs.
  • Elimutab — Elimutab - Find the best learning tablets for children and students, including options for 1-year-olds, studying with pens, and work and study needs.
  • Rabbit — Transforming transportion in the region. Rabbit is a micro-mobility sharing platform for short-distance transportation using environmentally friendly vehicles.
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Growth Capital
VC Fund · Lagos, Lagos, Nigeria

We are Nigeria's first social innovation fund aimed at creating an unprecedented path to scale for outliers driving social change in Nigeria.

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Investment focus

  • EdTech, Software, Enterprise Resource Planning (ERP)
  • Seed, Pre-Seed
  • Nigeria

Portfolio highlights

  • Edves — Edves automates the brick and mortal School operations from Student enrollment, Fee Collection, Lesson Note up to Transcript Generation.
  • Codepym — Codepym is a Software company that is focused primarily on education. Since its inception in 2016, Codepym has continued to take giants strides in reinventing learning and inspiring people to make lifelong positive impact.With more than 100 institutions, (primary, secondary, tertiary, and learning centres), with over 50 staff, everything we dohas our clients at the epicentre.
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Future Africa
VC Fund · San Francisco, California, United States

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.

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Investment focus

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

Portfolio highlights

  • Edves — Edves automates the brick and mortal School operations from Student enrollment, Fee Collection, Lesson Note up to Transcript Generation.
  • Finclusion Group — Enhancing financial inclusion in Sub-Saharan Africa through data driven lending.
  • Nexford University — Transform your career with affordable, flexible degrees and job skills designed for today's workforce. Skip debt and learn at your own pace with Nexford.
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British International Investment
VC Fund · London, England, United Kingdom

British International Investment is the UK's development finance institution. We've been at the forefront of supporting companies in developing countries for more than 70 years.

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Investment focus

  • Financial Services, Banking, Finance
  • Funding Round, Debt Financing, Series B
  • India, Kenya, Nigeria

Portfolio highlights

  • Xurya — Xurya is a renewable energy platform in providing commercial and industrial rooftop owners access to solar lease product on one side. And investors access to a stable and safe investment in rooftop solar plants on the other side. Both are achieved by maintenance service which enables both parties peace of mind.
  • Grow Indigo — Let's start the transformative movement towards carbon farming in India with expertise of Mahyco and Indigo Ag.
  • BRAC Bank — BRAC Bank Limited provides various commercial banking products and services in Bangladesh. The company offers retail, wholesale, small and medium enterprises (SME), and Probashi banking products and services. It provides various deposit products, such as current accounts, fixed deposits, SME deposits, savings accounts, and term deposits. Thecompany also offers loan portfolio comprising personal loans, auto loans, home loans, and secured loans/overdrafts.
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LocalGlobe
VC Fund · London, England, United Kingdom

Seeding ambitious founders at places like @citymapper, @improbableio,@teamkano, @moo, @songkick,@seedcamp, @transferwise and @zoopla since 1999. Who's next?

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Investment focus

  • Software, Artificial Intelligence, Information Technology
  • Seed, Series A, Pre-Seed
  • United Kingdom, United States, France

Portfolio highlights

  • Wefarm — Wefarm is a farmer-to-farmer digital network that enables farmers to share information via SMS. The company allows small-scale farmers to connect with one another to solve problems, share ideas, and spread innovation. Utilizing the latest machine learning technology, Wefarm’s service works both online and over SMS.Since its founding in 2015,Wefarm has been named one of Africa’s Most Innovative Companies by FastCompany and has won Google’s Impact Challenge Award, TechCrunch’s Europas-Tech for Good Award, and the European Union Commission’s Ideas from Europe prize, among others. The company is headquartered in London with a field presence in Nairobi, Kampala, and Dar-es-Salaam.
  • Gamma — Meet the modern memo. Write like a doc, present like a deck, discuss live or async.
  • Residently — Simplifying the rental process: from finding the perfect pad to furnishing and sourcing expert local home services, all at the tap of a button.
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Praxis
VC Fund · New York, New York, United States

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

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Investment focus

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

Portfolio highlights

  • 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.
  • Parallel Fluidics — Custom microfluidic devices in 3 days.
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The A to Z Impact Foundation
VC Fund

Impact First Investing A to Z happily sacrifices financial returns on its investments in exchange for shared prosperity and positive societal outcomes. These investments empower underserved communities, leading to better jobs, improved health, and a higher quality of life.

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Investment focus

  • B2B, Education, Nutrition
  • Seed, Funding Round
  • Kenya, South Africa

Portfolio highlights

  • Kwanza Tukule — Kwanza Tukule is a cashless B2B business that offers food supply services to local food vendors.
  • BluLever Educations — Join the artisans & apprentices who are building the future. At BluLever Education you can build your career, business, or the artisan ecosystem with an education partner that believes in artisans. Welcome to our digital home. We offer plumbing and electrical apprenticeships.
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U.S. International Development Finance Corp
VC Fund · Washington, District of Columbia, United States · 3 investments in the past 12 months

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

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Investment focus

  • Financial Services, Finance, FinTech
  • Debt Financing, Post-IPO Debt, Funding Round
  • India, United States, Kenya

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.
  • Cassava Technologies — Cassava Technologies is an innovative technology company encompassing fiber networks, data centers, renewable energy, cloud & cybersecurity.
  • Institut Pasteur de Dakar — The Institut Pasteur de Dakar Foundation (IPD) is a non-profit association of public utility, concerned with promoting public health and well-being in West Africa. Since its founding in 1896 by one of Louis PASTEUR's disciples, Émile Marcoux, the IPD has been at the forefront of the fight against infectious diseases. Since 2009, the InstitutPasteur de Dakar has been a Senegalese foundation, jointly managed by the government of Senegal and the Institut Pasteur (Paris).
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African Infrastructure Investment Managers
VC Fund · Cape Town, NA - South Africa, South Africa

African Infrastructure Investment Managers (AIIM) develops and manages private equity infrastructure funds designed to invest long-term institutional unlisted equity in African infrastructure projects.

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Investment focus

  • Solar, Energy, SaaS
  • Private Equity, Funding Round, Debt Financing
  • Nigeria, South Africa

Portfolio highlights

  • Snapplify — Snapplify is at the forefront of edtech solutions in Africa, and specialises in enabling digital learning for individuals and institutions via the largest digital educational marketplace in Africa. As a global edtech company, Snapplify strives for radical inclusion to level the playing field and equip individuals across emerging markets with theworld-class tools they need to collaborate, innovate and thrive. Snapplify’s technology is used in other educational products to facilitate collaboration throughout the educational community.Snapplify for Education’s award-winning platform is already a top choice for institutions integrating digital education into their classrooms. From software to support, Snapplify provides institutions with everything they need to create a secure, collaborative e-learning environment for students. Snapplify’s robust 24-hour-access digital-library solution offers thousands of free ebooks and widely applicable, curriculum-approved educational content supplied by partner publishers from across the globe. Snapplify’s diversity of device integration allows schools to use its products on the devices that they already have access to, without having to invest in costly digital infrastructure upgrades. Snapplify’s solutions are industry celebrated and globally recognised for their innovation in technology.In order to achieve its educational goals, Snapplify has built strong relationships with diverse partners around the growth of its ebook, e-textbook, and device catalogue, and partnered with international publishers and other key stakeholders to meet the demand for widely relevant, curriculum-compliant digital educational content. As a socially minded company, Snapplify is committed to supporting others and creating sustainable change through collaboration and innovation. Snapplify empowers, inspires, and uplifts teachers via Teacha! (a media hub, resource marketplace, and careers portal for educators); is the digital content partner on a project that delivers technology and e-learning to public schools in South Africa’s Gauteng province, and runs impact programmes through the Snapplify Foundation.Snapplify originated in South Africa, focusing initially on the South African education and digital content industries. Since its establishment in 2012, the company has grown and expanded into new markets in Africa and the United States, with offices across South Africa, as well as in Nairobi, London, Amsterdam and New Jersey. Snapplify is backed by AngelHub Ventures, a venture capital company backed by former First National Bank CEO Michael Jordaan and the Harris family, as well as international investors. In 2019, Snapplify secured $2 million expansion capital from venture capital firm Knife Capital, and empowered African investment manager Hlayisani Capital’s Hlayisani Growth Fund.Snapplify for Education’s award-winning platform is already a top choice for institutions integrating digital education into their classrooms. From software to support, Snapplify provides institutions with everything they need to create a secure, collaborative e-learning environment for students. Through Snapplify’s e-learning and digital library solution, Engage, educators can share teacher-created, multimedia resource materials with students; administrators can manage the access and permissions for multiple student and staff accounts; schools can host their own 24-hour access digital content library (which comes with over 50 000 free resources including study guides, e-textbooks, past exam papers for multiple curricula, children’s books in African languages and more); and students and parents can purchase prescribed e-textbooks. Snapplify’s diversity of device integration allows schools to use its products on the devices that they already have access to, without having to invest in costly digital infrastructure upgrades. Snapplify’s solutions are industry celebrated and globally recognised for their innovation in technology.
  • Starsight Energy — Starsight delivers comprehensive, end-to-end solar solutions that help businesses reduce energy costs and shrink their carbon footprints.
  • Eastcastle Infrastructure — Track record of providing reliable and sustainable connectivity for consumers and communities in Africa
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Development Partners International
VC Fund · London, England, United Kingdom · 1 investment in the past 12 months

Development Partners International (“DPI”) is a leading Pan-African private equity firm, with strong local knowledge and an established track record of investing in Africa.DPI was established in 2007 by co-founders Miles Morland and Runa Alam, both pioneers of African investment, with a vision to build a leading pan-African private equity firm.Today, DPI manages over US$1.1bn of assets across two private equity funds.Through its world class team with over 100 years of aggregate African investment experience, DPI has invested in 19 portfolio companies operating across 27 countries.The investment team is 100% African and over 40% of the DPI team is made up of women. They possess the local network, knowledge and language skills to source and invest in transactions throughout the continent.

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Investment focus

  • Financial Services, Manufacturing, Retail
  • Private Equity, Funding Round, Series A
  • Egypt, Morocco, Nigeria

Portfolio highlights

  • Kazyon — Kazyon is the largest Egyptian discount supermarket chain with over 450 stores in 17 governorates.
  • Pan African Towers — Pan African Towers Limited, is a telecommunications infrastructure and wireless service facilitator.
  • Marcyrl Pharmaceutical — Life is our Vision - Health is our Mission
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Calvert Impact Capital
VC Fund · Bethesda, Maryland, United States

Investing in a more sustainable & equitable world

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Investment focus

  • Financial Services, Finance, Energy
  • Debt Financing, Funding Round, Series A
  • United States, India, Kenya

Portfolio highlights

  • 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.
  • Accial Capital — Accial Capital is an impact-focused, tech-enabled investor in small business and consumer loan portfolios in Latin America and South East Asia. Accial Capital combines data, technology, capital and credit expertise to contribute to a world of widespread credit access and financial health.
  • Sunwealth Power — Sunwealth is a clean energy investment firm who curates high-performance commercial solar projects that deliver clean energy and boast exceptional return potential for our investors.
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AfricInvest
VC Fund · Tunis, Tunis, Tunisia · 1 investment in the past 12 months

AfricInvest was founded in 1994 and is part of Integra Group, an investment and financial services company based in Tunisia.Uniquely positioned as one of the most experienced private equity investors on the continent, AfricInvest has dedicated investment teams focused on North Africa and Sub-Saharan Africa, and employs 66 professionals based inseven offices.AfricInvest manages USD1 billion across 16 funds and benefits from strong, long-term support from both local and international investors, including leading development finance institutions in the United States and Europe.Having co-founded the African Venture Capital Association (AVCA) as well as the Middle East North Africa Private Equity Association (MENAPEA) and the Euromed Capital Forum, the firm is an active promotor of the private equity industry in the region.Since 1994, AfricInvest has invested in 135 companies across 25 African countries in a variety of high growth sectors and maintains a broad network of high quality executives across Africa, offering extensive expertise in key growth industries, including financial services, agribusiness, consumer/retail, education and healthcare.

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Investment focus

  • Financial Services, Manufacturing, FinTech
  • Funding Round, Private Equity, Series A
  • Tunisia, Morocco, Kenya

Portfolio highlights

  • Bizao — Bizao helps companies accept all local payment methods across Africa. We build powerful APIs and smart financial flows wich greatly simplify the challenge of accepting Mobile Money, Visa/Mastercard and Airtime payment. We power all types of businesses: local retailers, online merchants, international digital content providers, money transferoperators, microfinance institutions. Our objective: accelerate mobile payment adoption in order to support economic development across the continent
  • 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.
  • 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.
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Verdant Frontiers
VC Fund · Austin, Texas, United States

Verdant Frontiers is a venture capital firm specializing in start-up and early-stage investments. The firm builds portfolios of large-scale businesses that deliver compelling returns for investors and create life-changing jobs in Africa.

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Investment focus

  • Travel, FinTech, Finance
  • Seed, Pre-Seed
  • Kenya, Italy, Ethiopia

Portfolio highlights

  • Pezesha — Digital Financial Ecosystem for connecting MSMEs to Capital.
  • Zeraki — Zeraki is to use technology to address some of the obstacles learners encounter in accessing quality education. We use technology to enhance the quality of education students get at each level of education and use technology to help students transition from one level of education to the next, and ultimately from education into employment.
  • Leta — Leta Technology is a software development company that creates supply chain and logistics software to enable the efficient and automated movement of goods.
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Enygma Ventures
VC Fund · Cape Town, NA - South Africa, South Africa

Enygma Ventures is an investment fund for female entrepreneurs and women founders, focused on Southern Africa or SADC. Unlike traditional private equity, venture capital, and banks our team is full of award winning entrepreneurs who understand the same struggles you face first hand.

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Investment focus

  • Financial Services, Lending, Education
  • Seed, Funding Round
  • South Africa, Zambia, Swaziland

Portfolio highlights

  • Adbot — ...<div class=""><a class="text-link font-weight-bold text-light text-link--blue pt-4" href="https://adbot.co.za/">Read More</a></div>
  • Koa Academy — Koa Academy is on the cutting edge of online schooling in South Africa! We offer small classes, quality educators, and individualized, engaged online learning.
  • Brown and Ayo — Brown and Ayo have provided customers with an extensive online marketplace of natural hair extensions created to mimic black natural hair textures. The company prides itself in bringing innovative and well-loved products to the SA black woman consumer.
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Jasminum Capital
VC Fund · Paris, Ile-de-France, France

Jasminum Capital is a venture capital firm that offers fund and financial assistance exclusively for Tunisian startups.

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Investment focus

  • EdTech
  • Series A
  • Tunisia

Portfolio highlights

  • GoMyCode — GoMyCode is changing the education market by training talents in a dynamic belnded environement on digital skills and connects them with tech opportunities around the world. Based on 4 Main Aspects: - Data based Assessment - Data based matching - Business Analytics - Learning Platform - Content EditorGoMyCode provides digital Skills Training forthe Future of Work. In 4 Different fields: - DATA - DEVELOPMENT - DESIGN - DIGITAL MARKETING
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Autodesk Foundation
VC Fund · San Francisco, California, United States

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

  • Energy, Environmental Engineering, Renewable Energy
  • Seed, Series A, Series B
  • United States, Kenya, Uganda

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 is creating a new system for the development and delivery of small modular nuclear power plants. Combining proven reactor technology with a first-of-its-kind delivery model and fully modular plant design, Last Energy aims to decarbonize energy production and increase access to clean, affordable power.
  • 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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Naspers Foundry
VC Fund · Cape Town, NA - South Africa, South Africa

Naspers Foundry is a global internet group and invests in technology-based companies. The company believes in the power of local backed by global scale and they look for opportunities to address big societal needs in markets where they see the greatest growth potential.

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Investment focus

  • Financial Services, Information Technology, Information Services
  • Seed, Series A, Series B
  • South Africa, United Kingdom

Portfolio highlights

  • Planet42 — Having your own car has never been easier. Planet42 is a vehicle rental company offering rent-to-own car service for private clients.
  • LifeCheq — Affordable holistic financial advice for everyone
  • SweepSouth — Book a home cleaning online from your mobile, tablet or computer. SweepSouth connects you with a cleaner in minutes. Cleaners are experienced, reliable, efficient and insured.
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FM Capital Group
VC Fund

FM Capital Group LLC is a California registered investment advisory firm operating since August 20, 2014.

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Investment focus

  • Software, Big Data, EdTech
  • Seed, Pre-Seed, Series C
  • United States, Nigeria

Portfolio highlights

  • Tekion — Tekion is a next gen, cloud-native platform with the power of Big data, Internet of Things (IoT) and ML/AI for the automotive retail industry.
  • 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.
  • DriveMe.ng — DriveMe is a mobility technology company that provides access to verified and professional drivers; through a one-stop platform aggregating product and service providers within the mobility space across Africa. Our platform provides ease of access for individuals and businesses to connect with verified drivers, driving instructors, buy motorinsurance, renew vehicle documents and other mobility operations services.
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Finnfund
VC Fund · Helsinki, Southern Finland, Finland · 7 investments in the past 12 months

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.

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Investment focus

  • Financial Services, FinTech, Renewable 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.
  • Satya MicroCapital — Satya MicroCapital is an NBFC-MFI that offers collateral-free credit to micro enterprises on the basis of strong credit assessment and a centralised approval system.SATYA started its microfinance operations by adopting the “Joint Liability Group (JLG) Model” with adequate use of technology and new adaptations. JLGs of SATYA means implementationsof Joint Liability of group members which exists up to 10 instalments in Bi-Weekly collections. The Company believes in the ideology to bring social touch and high technology in the Indian microfinance industry.The JLG lending operation mainly focuses on a woman (in case of SATYA, her husband acts as co-borrower) through a credit product that allows her to start a new business or enhance her existing business as well. SATYA provides prompt, convenient and affordable collateral-free credit to people at the bottom of the pyramid through a strong credit assessment and centralized approval.The Company started its microfinance operation from Sikandrabad Branch, Bulandshar District of Uttar Pradesh and the first token disbursement was done in November 2016. SATYA utilized demonetization as an opportunity to rework on the business strategy through cashless transactions. SATYA is an institution build with a vision of change, transformation and will be a differentiator in financial inclusion space and its approach is well recognized by industry experts and professionals across different sectors. SATYA is committed to being a socially responsible organization with a focus on Health, Education, Financial Literacy, Nasha-Mukt Samaaj, Gender Equality, and Swachh Bharat. The Company is spreading social awareness messages in its area of operations.
  • 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
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Sustainable Ocean Alliance
VC Fund · San Francisco, California, United States

SOA develops leaders, cultivates ideas, and accelerates solutions to the biggest problems facing our ocean through the Leadership and Accelerator programs

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Investment focus

  • Sustainability, Software, CleanTech
  • Seed, Pre-Seed, Funding Round
  • United States, United Kingdom, France

Portfolio highlights

  • Agriloops — Agriloops is reinventing aquaculture to produce eco-friendly products that are healthier and tastier. To carry out this mission, the Agriloops team gives all its power to a sustainable and innovative production mode, by designing the first aquaponic farm in salt water.
  • bound4blue — bound4blue provides Rigid Sails Technologies for vessels which deliver fuel consumption reductions of up to 40%.
  • PierSight Space — PierSight is building a constellation of SAR satellites to provide persistent monitoring for the maritime industry.
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VC (Venture Capital) Funds in Africa by industry

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