Top 50 Energy Startup Investors in Africa (June 2026)
For AI agents: Short investor table (Markdown), Detailed investor list (Markdown)
| Investor | Relevant Deals | Geography | Stage | Focus | Round Size |
|---|---|---|---|---|---|
|
E3 Capital
VC Fund
|
17 | Kenya, South Africa, United States | Seed, Series A, Series B | Energy, Solar, Renewable Energy | $1.3M–$40M |
|
Acumen
VC Fund
|
9 | United States, India, Kenya | Seed, Series A | Agriculture, Health Care, Financial Services | $300k–$13M |
|
Factor E
VC Fund
|
8 | Kenya, United States, India | Seed, Series A, Convertible Note | Energy, Renewable Energy, Agriculture | $20k–$10M |
|
All On
VC Fund
|
8 | Nigeria, France, Senegal | Seed, Grant | Energy, Renewable Energy, Solar | $50k–$2.5M |
|
Persistent
VC Fund
|
7 | Ghana, Germany, Switzerland | Seed, Series A | Energy, Solar, Renewable Energy | $500k–$10M |
|
EDFI ElectriFI
VC Fund
|
7 | United States, Kenya, France | Debt Financing, Series A | Energy, Solar, Renewable Energy | $110k–$30M |
|
Lion’s Head Global Partners
VC Fund
|
6 | Kenya, France, Senegal | Debt Financing | Renewable Energy, Solar, Energy | $2.2M–$11M |
|
Norfund
VC Fund
|
5 | Kenya, South Africa, Nigeria | Private Equity, Debt Financing | Financial Services, Energy, Renewable Energy | $2.6M–$130M |
|
Novastar Ventures
VC Fund
|
5 | Kenya, Nigeria, United States | Series A, Series B | Agriculture, Health Care, Internet | $1.7M–$42M |
|
Kepple Africa Ventures
VC Fund
|
5 | Nigeria, Kenya, Egypt | Seed, Pre-Seed | Financial Services, FinTech, Software | $300k–$4.5M |
|
Aster
VC Fund
|
5 | France, United States, United Kingdom | Series A, Series B | Software, Energy, Manufacturing | $1.6M–$27M |
|
SunFunder
VC Fund
|
4 | The Netherlands, Kenya, Mauritius | Debt Financing, Series C | Solar, Energy, Renewable Energy | $1.5M–$60M |
|
British International Investment
VC Fund
|
4 | India, Kenya, Nigeria | Debt Financing, Series B | Financial Services, Banking, Finance | $10M–$100M |
|
GAIA Impact Fund
VC Fund
|
4 | Singapore, South Korea, France | Series A, Seed | Solar, Energy, Renewable Energy | $100k–$4.3M |
|
Opes Impact Fund
VC Fund
|
4 | Italy, Kenya, India | Seed, Series A | Communities, Agriculture, Energy | $219k–$910k |
|
CRE Venture Capital
VC Fund
|
4 | South Africa, Nigeria, United States | Seed, Series A, Pre-Seed | Financial Services, FinTech, Software | $250k–$25M |
|
Alphamundi
VC Fund
|
4 | Kenya, Colombia, Ghana | Debt Financing, Series A, Series B | Agriculture, Renewable Energy, Financial Services | $1.7M–$16M |
|
VilCap Investments
VC Fund
|
3 | United States, India, Kenya | Seed, Series A | Financial Services, Health Care, FinTech | $50k–$6M |
|
Global Partnerships
VC Fund
|
3 | Kenya, United States | Series A, Seed | Clean Energy, Renewable Energy, Solar | $1.7M–$3M |
|
TotalEnergies Ventures
VC Fund
|
3 | United States, France, United Kingdom | Series B, Series C | Energy, Renewable Energy, Transportation | $9.3M–$175M |
|
LoftyInc Capital
VC Fund
|
3 | United States, Nigeria, Egypt | Seed, Pre-Seed, Series A | Financial Services, FinTech, Software | $100k–$37M |
|
FMO
VC Fund
|
3 | India, Kenya, The Netherlands | Debt Financing, Series B | Financial Services, Finance, Renewable Energy | $3M–$159M |
|
Launch Africa
VC Fund
|
3 | Nigeria, South Africa, United States | Seed, Pre-Seed | Financial Services, FinTech, Information Technology | $200k–$4M |
|
Investisseurs & Partenaires
VC Fund
|
3 | France, Senegal, Côte d'Ivoire | Seed, Series A | Financial Services, Health Care, Food and Beverage | |
|
Lendahand
VC Fund
|
3 | Kenya, Uganda, Germany | Debt Financing, Series A, Series B | Financial Services, FinTech, Environmental Consulting | |
|
Unruly Capital
VC Fund
|
3 | United Kingdom, United States, Germany | Seed, Pre-Seed | Biotechnology, CleanTech, Clean Energy | $548k–$9.2M |
|
Musha Ventures
VC Fund
|
3 | United States, Nigeria, Kenya | Seed, Pre-Seed, Series A | Software, Financial Services, FinTech | $125k–$10M |
|
DOB Equity
VC Fund
|
3 | Kenya, Rwanda, Uganda | Private Equity, Seed | Food and Beverage, Farming, Agriculture | $1M–$4M |
|
F6 Ventures
VC Fund
|
3 | Tunisia, France | Pre-Seed, Seed | E-Commerce, Retail, FinTech | $65k–$200k |
|
Finnfund
VC Fund
|
3 | Kenya, India, South Africa | Debt Financing, Series B | Financial Services, Energy, FinTech | $2.7M–$99M |
|
Ecosystem Integrity Fund
VC Fund
|
3 | United States, India, Brazil | Series A, Series B | Energy, Renewable Energy, Software | $4M–$45M |
|
Wangara Green Ventures
VC Fund
|
3 | Ghana, Nigeria | Seed, Pre-Seed | Agriculture, AgTech, Energy | |
|
Shell Foundation
VC Fund
|
3 | India, United States, Kenya | Grant, Seed | Energy, Solar, Finance | $150k–$10M |
|
Blue Haven Initiative
VC Fund
|
3 | Kenya, United States, Ghana | Series A, Series B, Seed | Solar, Energy, Health Care | $2M–$22M |
|
54 Collective
VC Fund
|
3 | Kenya, Nigeria, South Africa | Seed, Pre-Seed | Health Care, Information Technology, FinTech | $40k–$4M |
|
MNF Ventures
VC Fund
|
3 | Morocco, France, Canada | Seed, Series A, Pre-Seed | Online Portals, FinTech, Enterprise Software | $200k–$1.6M |
|
Social Investment Managers & Advisors
VC Fund
|
3 | United States, India, Kenya | Debt Financing, Series C, Post-IPO Equity | Solar, Renewable Energy, Energy | $150k–$90M |
|
216 Capital
VC Fund
|
2 | Tunisia, France, United States | Seed, Pre-Seed, Angel | SaaS, B2B, Information Technology | |
|
Inspired Evolution Investment Management
VC Fund
|
2 | Kenya, Nigeria, Mauritius | Series A, Series E | Energy, Renewable Energy, PaaS | $20M–$35M |
|
Goodwell Investments
VC Fund
|
2 | Kenya, Nigeria, South Africa | Series A, Series B | FinTech, Financial Services, Software | |
|
GIIG Africa Fund
VC Fund
|
2 | Kenya, Nigeria, United States | Seed | Environmental Engineering, Health Care, Ride Sharing | |
|
Triodos Bank
VC Fund
|
2 | India, Germany, Kenya | Debt Financing, Series A | Financial Services, Energy, FinTech | |
|
Frankford Re
VC Fund
|
2 | Nigeria | Seed | PaaS, Energy, Renewable Energy | |
|
Sissili Limited
VC Fund
|
2 | Nigeria | Seed | PaaS, Energy, Renewable Energy | |
|
Helios Investment Partners
VC Fund
|
2 | Nigeria, United States, United Kingdom | Private Equity, Debt Financing | Financial Services, Energy, Payments | |
|
Renew Capital
VC Fund
|
2 | Uganda, Kenya, Ethiopia | Pre-Seed, Seed | Mobile Apps, Financial Services, Finance | |
|
Persistent Energy Partners
VC Fund
|
2 | Nigeria, Senegal, Zimbabwe | Seed, Series B | Energy, Solar, Software | |
|
Better Ventures
VC Fund
|
2 | United States, Kenya, Canada | Seed, Series A, Pre-Seed | Health Care, Biotechnology, Software | $75k–$26M |
|
Lateral Frontiers
VC Fund
|
2 | United States, Nigeria, Kenya | Seed, Series A, Pre-Seed | FinTech, Financial Services, Software | $500k–$15M |
|
Blue Rinc Capital
VC Fund
|
2 | Nigeria | Seed | PaaS, Energy, Renewable Energy | |
| Access all 50 investors in Africa Energy startups. | |||||
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822 industries, 177 countries. Updated daily. Emails and phones included.
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E3 Capital invests in growing, entrepreneurial businesses in Sub-Saharan Africa addressing the lack of electrification in the region with new technology and innovative business models. The fund is backed by Schneider Electric, the leading energy management multinational, and a number of public-sector investors.
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- Industry: Energy, Solar, Renewable Energy
- Stage:Seed, Series A, Series B
- Geography: Kenya, South Africa, United States
Investor stats
- Total investments: 45
- Round size: Seed $1.3M–$8M; Series A $1.8M–$7.5M; Series B $8.5M–$40M
- Lead/follow: 49% lead, 51% follow
- Last fund: Likely still investing — fund raised in 2022
Portfolio highlights
- GoCab — GoCab is fintech solution providing Drive-to-own option for vehicle purchase in Emerging markets, helping to bridge the gap between mobility entrepreneurs and financial services.
- Insight Terra — Insight Terra supports data driven risk management in critical situations where business operations, people and the environment all come together.
- Open Access Energy — South Africa's first multilateral wheeling software platform that automates energy transactions.
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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- Industry: Agriculture, Health Care, Financial Services
- Stage:Seed, Series A
- Geography: United States, India, Kenya
Investor stats
- Total investments: 157
- Round size: Seed $300k–$4.2M; Series A $1.6M–$13M
- Lead/follow: 54% lead, 46% follow
- Last fund: May invest from a new fund soon — raised $2.8M in 2019
Portfolio highlights
- AgroEknor — AgroEknor provides agricultural research, integration, technology based optimization & global delivery of the agro superfoods.
- Juhudi Kilimo — Juhudi Kilimo is a social enterprise that provides asset financing and technical assistance to smallholder farmers and small-to-medium agro-businesses.
- Gulu Agricultural Development Company — GADC was established in northern Uganda in the aftermath of the LRA-instigated war which devastated the region for nearly 20 years.
Factor E is a finance company that impacts venture builders, dedicated to supporting the people and ideas that will turn the tables in the global battle for sustainable solutions to energy, agriculture, mobility, and waste challenges in emerging and frontier markets. It serves as a conduit between philanthropic and commercial investors throughmarket-driven forces.
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- Industry: Energy, Renewable Energy, Agriculture
- Stage:Seed, Series A, Convertible Note
- Geography: Kenya, United States, India
Investor stats
- Total investments: 34
- Round size: Seed $500k–$4.6M; Series A $1.3M–$10M; Convertible Note $20k–$1.1M
- Lead/follow: 41% lead, 59% follow
Portfolio highlights
- Roam — The Standard for Electric Mobility in Africa.
- Ferntech — Take control of your decentralized power system with Odyssey's FernTech software and hardware. Get real-time insights and automate operations with our reliable data collection, system automation, and range of controllers and IoT gateways. Explore the FernTech product suite and see how it works in action. Contact us to learn more.
- 60Hertz Energy — Unify asset management with asset monitoring, enhance scheduling, and facile communication. Book a Demo Now!
All On: Energy Innovations. Powerful Collaboration. Our mission is to increase access to commercial energy products and services for under-served and un-served off-grid energy markets in Nigeria, with a special focus on the Niger Delta sources in Nigeria.
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- Industry: Energy, Renewable Energy, Solar
- Stage:Seed, Grant
- Geography: Nigeria, France, Senegal
Investor stats
- Total investments: 21
- Round size: Seed $100k–$2.5M; Grant $50k–$395k
- Lead/follow: 52% lead, 48% follow
Portfolio highlights
- Rivy — Access flexible financing for solar energy projects with Rivy. Power homes, businesses, and communities with clean, affordable energy.
- Salpha Energy — We're a solar energy company driving Africa's clean energy future through innovative, technology-led solutions.
- Arnergy — Arnergy is a trusted solar energy company that provides clean, reliable, and affordable solar power solutions for homes and businesses, helping you save money while enjoying uninterrupted energy.
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.
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- Industry: Energy, Solar, Renewable Energy
- Stage:Seed, Series A
- Geography: Ghana, Germany, Switzerland
Investor stats
- Total investments: 23
- Round size: Seed $500k–$1.4M; Series A $1.1M–$10M
- Lead/follow: 78% lead, 22% follow
Portfolio highlights
- Dodai — Dodai manufactures and assembles the electric motorcycles.
- EcoNetix — We help companies reduce emissions, offset with high-integrity carbon projects, and communicate impact transparently to achieve compliance certainty, climate
- Circadian Technologies GmbH — AI-driven VPP unlocking revenue for telecom towers.
Impact investment in sustainable energy
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- Industry: Energy, Solar, Renewable Energy
- Stage:Debt Financing, Series A
- Geography: United States, Kenya, France
Investor stats
- Total investments: 61
- Round size: Series A $2.2M–$30M; Debt Financing $110k–$10M
- Lead/follow: 39% lead, 61% follow
Portfolio highlights
- BURN — The future of clean cooking
- GOGO Electric —
- Powergen Renewable Energy — PowerGen is leading the clean energy transition in Africa as a developer, builder, and operator of solar mini-grids throughout the continent. PowerGen is backed by sector leaders including Shell, Acumen, Omidyar Network, Sumitomo, DOB Equity, ElectriFI, REPP, and the Rockefeller Foundation. PowerGen has pioneered the solar mini-grid sector inAfrica and is a founding member of the Africa Mini-grid Developers Associaiton (AMDA).
A global investment banking, asset management and advisory firm focused on delivering value to our clients in emerging and frontier markets
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- Industry: Renewable Energy, Solar, Energy
- Stage:Debt Financing
- Geography: Kenya, France, Senegal
Investor stats
- Total investments: 11
- Round size: Debt Financing $2.2M–$11M
- Lead/follow: 64% lead, 36% follow
- Last fund: May invest from a new fund soon — raised $41M in 2021
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 — Decentral Energy creates, owns, and manages renewable energy assets. Decentral provides customers with risk-free, completely financed solar energy solutions.
Norwegian investment fund for developing countries
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- Industry: Financial Services, Energy, Renewable Energy
- Stage:Private Equity, Debt Financing
- Geography: Kenya, South Africa, Nigeria
Investor stats
- Total investments: 86
- Round size: Debt Financing $2.6M–$130M; Private Equity $7.4M–$125M
- Lead/follow: 60% lead, 40% follow
- Last fund: May invest from a new fund soon — last raise in 2009
Portfolio highlights
- AgDevCo — AgDevCo is a social impact investor and agribusiness project developer, incorporated as a non-for-profit distribution, limited companyin.
- Wecyclers — Wecyclers gives households a chance to capture value from their waste while providing a reliable supply of materials to the local recycling industry.Wecyclers works in partnership with the Lagos Waste Management Authority (LAWMA) and collects recyclable waste, including plastic bottles, plastic bags, and aluminum cans, at the household levelusing low-cost bicycle-powered collection vehicles called “wecycles”.Wecyclers rewards households with redeemable points based on the volume and quality of recyclables that they give us. Wecyclers sort and aggregate the materials and then sells it to Nigerian recyclers.
- Kensta Group —
For the many, not just the few. For good.
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- Industry: Agriculture, Health Care, Internet
- Stage:Series A, Series B
- Geography: Kenya, Nigeria, United States
Investor stats
- Total investments: 59
- Round size: Series A $1.7M–$13M; Series B $3.5M–$42M
- Lead/follow: 44% lead, 56% follow
- Last fund: May invest from a new fund soon — raised $108M in 2020
Portfolio highlights
- Soko — SOKO produces innovative, ethical jewelry and accessories from sustainable materials in Nairobi, Kenya
- Komaza — Komaza is a tech-driven sustainable forestry company revolutionizing the wood industry in Africa with its farmer platform. It combines technology, training, and service to create a new sustainable wood supply for Africa at an 80% cost disruption over traditional plantations. The company was founded in 2006 by Tevis Howard.
- Sanergy — The Sanergy Collaborative is a partnership of 3 independent companies, who are united by a common vision. Explore more about our vision here!
We back exceptional founders in and from Africa who are addressing deep gaps between the status quo and the ideal.
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- Industry: Financial Services, FinTech, Software
- Stage:Seed, Pre-Seed
- Geography: Nigeria, Kenya, Egypt
Investor stats
- Total investments: 77
- Round size: Seed $500k–$4.5M; Pre-Seed $300k–$3.4M
- Lead/follow: 22% lead, 78% follow
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.
Access 48,091 investors
822 industries, 177 countries. Updated daily. Emails and phones included.
Browse database — It's Free!Aster is a Venture Capital firm with offices in 4 major innovation hubs: Paris, London, Tel Aviv and San Francisco. Since 2000, they have partnered with more than 60 teams of entrepreneurs that are transforming markets with disruptive offers and technologies. They are always open to exploring new ideas related to mobility, energy and industrysectors that they have been covering until now. They invest in all stages, with a preference for the early phase.They are more than investors and they intend to act as an ally for entrepreneurs by connecting them to a valuable ecosystem of experts, influencers and business leaders. From marketing to executive talent, their commitment to the growth of their portfolio companies as well as the entire venture ecosystem also involves the commitment of their dedicated Operations team, their innovation strategy consulting firm (Aster Fab) and a crowdfunding branch to further expand opportunities (Aster Crowd).Some of their success stories include Solairedirect (acquired by Engie in 2015), Digital Lumens (acquired by Osram in 2017) and Avantium (IPOed in 2017).
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- Industry: Software, Energy, Manufacturing
- Stage:Series A, Series B
- Geography: France, United States, United Kingdom
Investor stats
- Total investments: 136
- Round size: Series A $1.6M–$22M; Series B $6.6M–$27M
- Lead/follow: 35% lead, 65% follow
- Last fund: May invest from a new fund soon — raised $281M in 2017
Portfolio highlights
- Iceotope — Iceotope has developed technology with a blank drawing board and an open mind. So when we look at conventional problems, we find unconventional solutions.Built around our liquid-cooling approach and shaped by an extensive portfolio of patents, we’ve proven what our technology can do for HPC and data centre applications - dramatically reducingenergy consumption, space and noise. But it’s just the start. We’re going to keep innovating, working toward a day when wasteful, inefficient air-cooling is a thing of the past. We have created a business to look forward, but we’re also proud of the heritage that British engineering is built on. Iceotope is delighted to own the Made in Sheffield mark to show our dedication to the area’s tradition of engineering excellence. With decades of technical, design and engineering experience, we’ve established Iceotope as a trusted partner at the forefront of liquid-cooling technology. Now we’re investing to make sure we stay there: refining our designs, improving performance and engineering new applications.
- Swiftly — Harness your public transit data with Swiftly's urban mobility solutions to make your city's mass transportation move more efficiently.
- Neural Concept — Neural Concept is the first AI software for enhanced engineering. Leverage your historical CAD and CAE data to drastically shorten and improve your design cycles.
SunFunder is a specialist financing company dedicated to pioneering and scaling clean energy and climate investments in emerging markets.
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- Industry: Solar, Energy, Renewable Energy
- Stage:Debt Financing, Series C
- Geography: The Netherlands, Kenya, Mauritius
Investor stats
- Total investments: 19
- Round size: Series C $20M–$60M; Debt Financing $1.5M–$50M
- Lead/follow: 47% lead, 53% follow
- Last fund: May invest from a new fund soon — raised $60M in 2020
Portfolio highlights
- BioLite — BioLite designs off-grid personal scale energy products for cooking, charging, and lighting. Perfect for camping, fishing, tailgating, power outages, and more.
- 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.
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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- Industry: Financial Services, Banking, Finance
- Stage:Debt Financing, Series B
- Geography: India, Kenya, Nigeria
Investor stats
- Total investments: 187
- Round size: Series B $12M–$70M; Debt Financing $10M–$100M
- Lead/follow: 51% lead, 49% follow
Portfolio highlights
- Ecom Express — Ecom Express is an end-to-end technology-enabled logistics solutions provider to the Indian e-commerce industry. It provides logistics services in over 2,650 towns across 27,000+ pin codes in India, covering 95%+ of India’s population. Its clients include India's largest e-commerce players, with the Company delivering almost 1 millionshipments per day via 2,800 delivery centers. This team has a varied and rich experience of over 100 years in the Indian Express Industry. The Company is formed for catering to the dynamic needs of the electronic commerce industry which is growing by leaps and bounds. There is no single Company currently equipped completely to cater to the needs of this fast-growing industry which is seeing changes every day.It was founded in 2012 and is headquartered in New Delhi, India.
- 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.
- Solon Capital Holdings — Solon Capital Partners is a West-Africa focused investment manager that is pioneering a new approach to economic development and poverty reduction in fragile and post-conflict states.
Gaia Impact Fund is a venture capital firm specializing in renewable energy that builds long-term partnerships with startups operating in Sub-Saharan Africa and South-East Asia with a strong environmental and social focus. The firm supports businesses enabling sustainable and affordable energy provision to local communities. In regions where energymixes are highly carbonized, it supports technological innovations and business models enabling a cost-efficient diffusion of renewable energy on a large scale.
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- Industry: Solar, Energy, Renewable Energy
- Stage:Series A, Seed
- Geography: Singapore, South Korea, France
Investor stats
- Total investments: 20
- Round size: Seed $100k–$2.7M; Series A $1.1M–$4.3M
- Lead/follow: 30% lead, 70% follow
Portfolio highlights
- Ecoligo — With ecoligo's sustainable investments - you benefit twice: protect the climate & receive attractive returns.
- 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.
Opes-Lcef is an impact investor that provides catalytic capital to early-stage social enterprises in emerging markets.
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- Industry: Communities, Agriculture, Energy
- Stage:Seed, Series A
- Geography: Italy, Kenya, India
Investor stats
- Total investments: 43
- Round size: Seed $219k–$910k
- Lead/follow: 28% lead, 72% follow
Portfolio highlights
- Refolo — Refolo is a type B social cooperative that sees social agriculture as having a dual impact: social and environmental. Refolo was created with the aim of creating an agro-ecological and social corridor that runs through the province of Brescia from north to south with the hope that administrations and other communities will come together to generatea positive impact on the environment and the community.Refolo operates in an area located between the municipalities of Brescia, Collebeato, Villa Carcina and Montirone, territories that share the presence of agricultural areas that over the years have been abandoned due to their unsuitability for intensive agriculture and lack of interest by new generations and that are now ready to start again.
- Ecodudu — Ecodudu is a waste-to-value company. It uses a proprietary innovation to recycle organic waste into high-protein animal feed and organic fertilizer using the black soldier fly. It harnesses insects (nature’s recycling agents) to address global issues which include waste management, demand for protein, and environmental conservation.
- Sistema.bio — Sistema.bio is a biodigester with biogas appliances. High efficiency biodigesters transform organic waste into renewable biogas.
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.
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- Industry: Financial Services, FinTech, Software
- Stage:Seed, Series A, Pre-Seed
- Geography: South Africa, Nigeria, United States
Investor stats
- Total investments: 56
- Round size: Seed $1.1M–$4M; Pre-Seed $250k–$3.3M; Series A $1.1M–$25M
- Lead/follow: 32% lead, 68% follow
Portfolio highlights
- Andela — Unlock the power of global tech talent with Andela. Hire experienced professionals quickly and cost-effectively. Build your team from our robust network of skilled specialists spanning 175 countries. Our AI-powered platform ensures a 96% talent match success rate. Get started now and hire with confidence.
- Matta — Matta is a B2B platform offering a comprehensive, detailed marketplace for sourcing chemicals and materials efficiently and reliably
- Cutstruct — Cutstruct is your one source for bulk construction materials purchase. Get the best prices for cement, steel, granite, sharp sand wood, and more.
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.
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- Industry: Agriculture, Renewable Energy, Financial Services
- Stage:Debt Financing, Series A, Series B
- Geography: Kenya, Colombia, Ghana
Investor stats
- Total investments: 20
- Round size: Series A $10M–$12M; Series B $3.5M–$16M; Debt Financing $1.7M–$11M
- Lead/follow: 20% lead, 80% follow
- Last fund: May invest from a new fund soon — last raise in 2020
Portfolio highlights
- Finaktiva — Finaktiva is the number one financial ally of Colombian entrepreneurs. We offer flexible and agile online financial solutions (loans in various forms, factoring and confirming) adjusted to the requirements of the companies. We also offer a range of non-financial tools through our platform to help SMEs´ grow. Our customers are typically businesseswith innovative business models, double-digit growth rates that have a positive impact in their communities.
- AgriCapital — AgriCapital is a financial service firm that provides store credit, productive credit, credit installments, and accompaniment services.
- 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.
VilCap Investments is an early-stage impact investing fund, backing companies addressing the most pressing social and environmental challenges.
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- Industry: Financial Services, Health Care, FinTech
- Stage:Seed, Series A
- Geography: United States, India, Kenya
Investor stats
- Total investments: 90
- Round size: Seed $50k–$2.5M; Series A $2M–$6M
- Lead/follow: 6% lead, 94% follow
Portfolio highlights
- SatSure — Premium domain available for purchase
- 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.
- Advocatia Solutions — Advocatia simplifies how uninsured patients identify financial assistance programs and enroll into coverage.
Global Partnerships is an impact-first investor dedicated to expanding opportunity for people living in poverty. For 25 years GP has invested in sustainable solutions that help impoverished people increase their incomes and improve their lives, with core investments in livelihoods, education, health, energy, housing, and sanitation. Since inceptionGP has deployed $356.5 million in impact investments to 135 partners, bringing meaningful impact to over 14.7 million lives in 21 countries.What is Impact-First Investing?Impact-first investing means investing in a way that seeks the highest possible social impact, while seeking to preserve capital with a modest financial return for investors.Impact-first investing is distinctly different from return-first investing, which seeks the highest possible financial return (often without consideration of social or environmental consequences), and from philanthropy, which seeks the highest social impact without any preservation of capital.We believe that impact-first investing has an essential role to play in advancing sustainable solutions to poverty for millions of people worldwide.What Does Impact Mean to Global Partnerships?All of our impact-first investing is aimed at empowering poor and marginalized people to earn a living, provide the basic necessities of life for their families, and improve their lives. We seek social impact on four dimensions:Broadening Opportunity – We have a holistic understanding of poverty, so we invest across all facets of poverty: livelihoods, education, energy, health, housing, sanitation, and water.Deepening Inclusion – We invest at the edge of the market, emphasizing approaches that include people marginalized by depth of poverty, gender, and/or geography, including women and the rural poor.Serving Millions – We believe that every person matters, and want to expand opportunity for as many people as possible. We therefore focus on sustainable approaches that can, over time, scale to serve millions of people living in poverty.Improving Lives – We only invest where evidence convinces us that people living in poverty value the opportunity being delivered and are empowered by it – economically or otherwise – to improve their lives.
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- Industry: Clean Energy, Renewable Energy, Solar
- Stage:Series A, Seed
- Geography: Kenya, United States
Investor stats
- Total investments: 6
- Round size: Series A $1.7M–$3M
- Lead/follow: 33% lead, 67% follow
- Last fund: May invest from a new fund soon — raised $5M in 2018
Portfolio highlights
- Turaco — Turaco develops simplified insurance and credit solutions through mobile technology to solve the healthcare financing needs. Turaco has simplified insurance products and also provides on-demand health loans, allowing customers to get healthcare at affordable monthly premiums.
- Eneza Education — Eneza Education, a.k.a. MPrep, was founded in 2011 by Kenyan teachers and educators serious about making technology useful for their students. From the rural areas of Nyanza to Wajir Town and the Mombasa Coast, Kenyan teachers united to create the content of our initial Class 7 and Class 8 study tool. We wanted a tool that combined the best ofgreat teaching practices: scaffolded assessments, direct feedback, and high engagement. And we wanted to make sure ALL kids had access to our system. What better way to start than with a simple SMS-based system?
- Sun King — Greenlight sells, installs and finances solar home systems for the 1.8 billion off-grid and under-electrified consumers in Africa and Asia.
TotalEnergies Ventures is the venture capital arm of Total.As part of Total's commitment to a better energy future, TotalEnergies Ventures is focused on finding, funding and fostering high-potential start-ups which will contribute to creating a low carbon future.Current areas of interest include Renewables, Distributed Energy, NewMobility, Energy Access, Energy Storage, Bio-Plastics, Circular Economy, Carbon Capture and Hydrogen.
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- Industry: Energy, Renewable Energy, Transportation
- Stage:Series B, Series C
- Geography: United States, France, United Kingdom
Investor stats
- Total investments: 93
- Round size: Series B $9.3M–$175M; Series C $12M–$65M
- Lead/follow: 11% lead, 89% follow
Portfolio highlights
- Autogrid — AutoGrid Systems organizes energy data and employs big data analytics to generate real-time predictions that create actionable data.The company’s suite of flexibility management applications allows utilities, electricity retailers, renewable energy project developers and energy service providers to deliver cheap, clean and reliable energy bymanaging networked distributed energy resources (DERs) in real time and at scale. AutoGrid applications utilize petabytes of smart meter, sensor and third-party data, along with powerful data science and high-performance computing algorithms, to monitor, predict, optimize and control the operations of millions of assets connected across global energy networks.Established at Stanford University in 2011, they have assembled a team of world-class software architects, electrical and computer engineers, data scientists and energy experts who apply cutting-edge analytics and in-depth energy data science to solve the world’s most critical energy problems.
- 45-8 ENERGY — 45-8 ENERGY is exploring eco-friendly helium for uses in many industries.
- Ampersand — Ampersand catalyzes and power mass-market electric mobility. By supplying the battery swap network and operating system the company makes sustainable mobility rapidly accessible and affordable for developing markets, to improve livelihoods and the environment. With over a million km already covered by e-motorcycles in Africa using our plug-and-playpowertrain and energy network.
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Browse database — It's Free!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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- Industry: Financial Services, FinTech, Software
- Stage:Seed, Pre-Seed, Series A
- Geography: United States, Nigeria, Egypt
Investor stats
- Total investments: 147
- Round size: Seed $100k–$5M; Pre-Seed $100k–$2.4M; Series A $250k–$37M
- Lead/follow: 14% lead, 86% follow
- Last fund: Likely still investing — raised $14M in 2021
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.
- Reliance Health — Reliance Health Global. Improve the lives of your staff with innovative company healthcare benefits fit for any business. You can rely on us.
FMO is a financial investment firm that specializes in financing businesses and projects FMO invests across the agribusiness value chain to enhance food security, support sustainability and promoting inclusive development.
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- Industry: Financial Services, Finance, Renewable Energy
- Stage:Debt Financing, Series B
- Geography: India, Kenya, The Netherlands
Investor stats
- Total investments: 139
- Round size: Series B $4.5M–$41M; Debt Financing $3M–$159M
- Lead/follow: 52% lead, 48% follow
Portfolio highlights
- Ecofy — Ecofy is a green-only NBFC in India, offering financial solutions for eco-friendly initiatives, including loans, leases, and insurance.
- Atome Energy — Atome Energy is the green hydrogen and ammonia project development company to create a greener, cleaner environment.
- Ace International — ACE International manufactures and distributes dairy powders, milk proteins, and other food grade components.
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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- Industry: Financial Services, FinTech, Information Technology
- Stage:Seed, Pre-Seed
- Geography: Nigeria, South Africa, United States
Investor stats
- Total investments: 162
- Round size: Seed $200k–$4M; Pre-Seed $200k–$1.7M
- Lead/follow: 36% lead, 64% follow
- Last fund: Likely still investing — raised $36M in 2022
Portfolio highlights
- 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.
- 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.
- HomecomingEx — Homecoming Revolution is a pan-African recruitment firm for global African professionals. We specialise in headhunting & placing global African talent.
Investisseurs et Partenaires
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- Industry: Financial Services, Health Care, Food and Beverage
- Stage:Seed, Series A
- Geography: France, Senegal, Côte d'Ivoire
Investor stats
- Total investments: 103
- Lead/follow: no public data
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.
Invest in sustainable projects through Lendahand and contribute to positive change. Earn financial returns while supporting entrepreneurs worldwide. Discover how it works!
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- Industry: Financial Services, FinTech, Environmental Consulting
- Stage:Debt Financing, Series A, Series B
- Geography: Kenya, Uganda, Germany
Investor stats
- Total investments: 10
- Lead/follow: no public data
Portfolio highlights
- upOwa — upOwa brings electricity to Africa through our innovative Pay-As-You-Go solar technology for the poorest.
- Tugende — Tugende helps motorcycle taxi drivers own their own motorcycles in eighteen months or less instead of renting indefinitely. Ownership significantly increases income, job security and road safety.
- Sistema.bio — Sistema.bio is a biodigester with biogas appliances. High efficiency biodigesters transform organic waste into renewable biogas.
Investing in the crazy before it becomes normal
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- Industry: Biotechnology, CleanTech, Clean Energy
- Stage:Seed, Pre-Seed
- Geography: United Kingdom, United States, Germany
Investor stats
- Total investments: 51
- Round size: Seed $1.3M–$9.2M; Pre-Seed $548k–$2.6M
- Lead/follow: 6% lead, 94% follow
Portfolio highlights
- 4QT — Cleantech, Construction, Electrification
- AtmoCooling — AtmoCooling transforms coastal deserts into thriving hubs of agriculture, clean energy, and climate resilience. It was founded in 2022 and operates in the USA and UAE.
- Applied Atomics, Inc. — Co-located nuclear power plants to unlock the next 1,000 years of advanced industry.
Seed capital for technology startups globally.
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- Industry: Software, Financial Services, FinTech
- Stage:Seed, Pre-Seed, Series A
- Geography: United States, Nigeria, Kenya
Investor stats
- Total investments: 138
- Round size: Seed $125k–$4.2M; Pre-Seed $300k–$3.2M; Series A $2.5M–$10M
- Lead/follow: 3% lead, 97% follow
Portfolio highlights
- nGrow.ai — Boost revenue and engagement
- Orca Fraud — Orca empowers fraud fighters with effective tools to combat fraud
- SkillMagic — SkillMagic's AI finds the best technical content, delivers it directly to junior engineers, and helps you track progress.
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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- Industry: Food and Beverage, Farming, Agriculture
- Stage:Private Equity, Seed
- Geography: Kenya, Rwanda, Uganda
Investor stats
- Total investments: 49
- Round size: Seed $1M–$4M
- Lead/follow: 59% lead, 41% follow
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.
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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- Industry: E-Commerce, Retail, FinTech
- Stage:Pre-Seed, Seed
- Geography: Tunisia, France
Investor stats
- Total investments: 42
- Round size: Seed $65k–$200k; Pre-Seed $65k–$81k
- Lead/follow: 67% lead, 33% follow
- Last fund: May invest from a new fund soon — raised $10M in 2019
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.
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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- Industry: Financial Services, Energy, FinTech
- Stage:Debt Financing, Series B
- Geography: Kenya, India, South Africa
Investor stats
- Total investments: 66
- Round size: Series B $5M–$41M; Debt Financing $2.7M–$99M
- Lead/follow: 50% lead, 50% follow
Portfolio highlights
- Amartha — Amartha Mikro Fintech - P2P Lending Indonesia. Alternatif investasi dengan modal terjangkau mulai 100Rb. Tedaftar OJK, Imbal hasil 15%* & Berdampak Sosial.
- Mobisol — We transform lives through solar energy access. Our solar home systems and mini-grids benefit millions of people in Sub-Saharan Africa.
- 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.
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Browse database — It's Free!The Ecosystem Integrity Fund (“EIF”) is a venture capital firm that invests in early-stage companies contributing to environmental sustainability. It seeks to demonstrate that there is no trade-off between having a positive impact and achieving outstanding financial returns. The movement toward environmental sustainability is making incrementalimprovements to the largest industries in the world. Over the next several decades, the economy will be transformed by this movement.Sustainability is fundamentally about making things better: more efficient, more functional, less toxic, less costly. This is the next phase of the Industrial Revolution.
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- Industry: Energy, Renewable Energy, Software
- Stage:Series A, Series B
- Geography: United States, India, Brazil
Investor stats
- Total investments: 66
- Round size: Series A $4M–$30M; Series B $5.5M–$45M
- Lead/follow: 74% lead, 26% follow
- Last fund: Likely actively investing — fund raised in 2025
Portfolio highlights
- Trashie — Trashie provides a textile recycling service with rewards through its Take Back Bag and TrashieCash program.
- ZeroAvia — ZeroAvia is producing the world's first practical zero emission aviation powertrain, initially targeting 20-seat airplanes to start replacing dirty jet fuel in regional transport
- Vammo — Leoparda Electric is a company that manufactures electric motorcycles.
Wangara Green Ventures is a climate-focused impact investment asset manager in Ghana, West Africa.
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- Industry: Agriculture, AgTech, Energy
- Stage:Seed, Pre-Seed
- Geography: Ghana, Nigeria
Investor stats
- Total investments: 5
- Lead/follow: 80% lead, 20% follow
Portfolio highlights
- Wami Agro — Revolutionizing agriculture with cutting-edge digital solutions and sustainable practices.
- Kofa — Kofa is an automotive company that utilizes the latest electric battery and motor technology. The company aims to develop an affordable, sustainable and customer driven electric network in transformative energy, transport, and climate change around the globe. Kofa was founded in Ghana and is headquartered in Accra.
- Northlite Solar — NorthLite Solar is a renewable energy provider that delivers solar power solutions for both commercial and residential sectors.
Shell Foundation is a philanthropic foundation that enables millions of people in Africa and Asia to increase their incomes with clean energy solutions.
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- Industry: Energy, Solar, Finance
- Stage:Grant, Seed
- Geography: India, United States, Kenya
Investor stats
- Total investments: 26
- Round size: Seed $790k–$1.1M; Grant $150k–$10M
- Lead/follow: 35% lead, 65% follow
Portfolio highlights
- Kofa — Kofa is an automotive company that utilizes the latest electric battery and motor technology. The company aims to develop an affordable, sustainable and customer driven electric network in transformative energy, transport, and climate change around the globe. Kofa was founded in Ghana and is headquartered in Accra.
- Sistema.bio — Sistema.bio is a biodigester with biogas appliances. High efficiency biodigesters transform organic waste into renewable biogas.
- Mufin Green Finance — Mufin Green Finance is an NBFC that specialises in the electric vehicle (EV) market.
Blue Haven Initiative is an innovative family office dedicated to putting wealth to work for market returns and positive social and environmental change.
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- Industry: Solar, Energy, Health Care
- Stage:Series A, Series B, Seed
- Geography: Kenya, United States, Ghana
Investor stats
- Total investments: 23
- Round size: Series A $2M–$11M; Series B $12M–$22M
- Lead/follow: 26% lead, 74% follow
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.
- BlueMark — BlueMark is the leading provider of impact intelligence and independent verification for the sustainable and impact investing market.
Building and scaling African tech startups with catalytic capital, value-add support and our global network.
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- Industry: Health Care, Information Technology, FinTech
- Stage:Seed, Pre-Seed
- Geography: Kenya, Nigeria, South Africa
Investor stats
- Total investments: 107
- Round size: Seed $40k–$4M; Pre-Seed $40k–$1.3M
- Lead/follow: 36% lead, 64% follow
Portfolio highlights
- 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.
- Konnect — Konnect provides a cross borders payment solution intended to simplify complex financial flows allowing companies of any scale and size to send and receive payments in a practical, secure, and low-cost way.
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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- Industry: Online Portals, FinTech, Enterprise Software
- Stage:Seed, Series A, Pre-Seed
- Geography: Morocco, France, Canada
Investor stats
- Total investments: 32
- Round size: Seed $200k–$1.6M; Series A $250k–$700k
- Lead/follow: 38% lead, 62% follow
- Last fund: May invest from a new fund soon — raised $20M in 2018
Portfolio highlights
- Damanesign — Damanesign operates as a digital trust solutions startup. Damanesign is a startup that is seizing new legislation opportunities on digital trust in Morocco to provide users with the utmost safety in documentation.
- Atlan Space — Building Artificial Intelligence to autonomously pilot any fixed wing drone, to monitor and take measures over very large areas
- OnePay — OnePay is a fintech startup that operates as a distributor of means of payment and aggregator of payment and value-added services in electronic transactions.
SIMA is a social asset manager dedicated to empowering the Bottom of the Pyramid by providing demand-driven commercial capital and advisory solutions
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- Industry: Solar, Renewable Energy, Energy
- Stage:Debt Financing, Series C, Post-IPO Equity
- Geography: United States, India, Kenya
Investor stats
- Total investments: 12
- Round size: Debt Financing $150k–$90M
- Lead/follow: 58% lead, 42% follow
- Last fund: Likely still investing — raised $68M in 2021
Portfolio highlights
- Altech Group — Altech Group aims at expanding access to clean, renewable, and affordable energy both for poor-grid and off-grid households.
- Loom Solar Private Limited — Buy solar panel, battery and inverter for home, business, agriculture, DIY projects, and more. from 10 watts -100kW from Loom Solar - India's No. 1 solar company. Choose from solar panels, inverters, lithium batteries, charge controllers to solar installation kit. We provide solar finance for rooftop solar installation
- Insolation Energy — Insolation Energy is one of the top solar panel manufacturers in India, delivering efficient solar solutions. As a trusted solar power company in India, we are committed to providing clean, sustainable, and affordable electricity for all.
Our DNA is rooted in a passionate belief in the potential of Africa, a relentless drive for innovation, and an unwavering commitment to impact. We are not just investors; we are builders of a better future, one investment at a time.
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- Industry: SaaS, B2B, Information Technology
- Stage:Seed, Pre-Seed, Angel
- Geography: Tunisia, France, United States
Investor stats
- Total investments: 23
- Lead/follow: no public data
Portfolio highlights
- Juridoc.tn — Juridoc.tn is an interactive legal document database providing access to Tunisian regulatory texts. It serves as a platform for legal services, offering a comprehensive collection of updated legal documents.
- Arcube — Arcube is an ancillary aggregation technology that connects airlines to 100s of global suppliers. Launch 12+ ancillaries with 1 integration and 0 upfront cost.
- Talenteo Inc. — Talenteo is an innovative SaaS solution for HR and payroll management, designed to simplify and automate company processes with an intuitive, AI-powered approach. It empowers SMEs and mid-market companies to streamline employee management, payroll, time tracking, and talent development. Talenteo enhances operational efficiency, minimizesadministrative errors, and enables businesses to focus on growth.
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.
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- Industry: Energy, Renewable Energy, PaaS
- Stage:Series A, Series E
- Geography: Kenya, Nigeria, Mauritius
Investor stats
- Total investments: 7
- Round size: Series A $20M–$35M
- Lead/follow: 71% lead, 29% follow
- Last fund: May invest from a new fund soon — raised $178M in 2019
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
- CrossBoundary — CrossBoundary Energy's renewable energy solutions help decarbonize enterprise by providing cleaner, cheaper and more reliable power.
- 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.
Goodwell Investments is a pioneering investment firm focused on financial inclusion, fintech and inclusive growth in sectors providing
Show more...Investment focus
- Industry: FinTech, Financial Services, Software
- Stage:Series A, Series B
- Geography: Kenya, Nigeria, South Africa
Investor stats
- Total investments: 35
- Lead/follow: no public data
Portfolio highlights
- MFS Africa — MFS Africa is the largest mobile money inter-operability hub in Africa, which connects mobile network operators across the continent through a single API. In addition to mobile remittance services, the MFS Africa API enables merchant payment, bulk payment, bank-to-wallet transfers, and an array of other cross border digital payments services.
- SOUK Farms — SOUK Farms is a fresh horticulture supply grower and exporter that pioneers innovation to improve agricultural sustainability and stimulate economic and social development.
- Complete Farmer — We are providing cutting-edge technological farming protocols and innovations with a unique business model and logistics that are revolutionizing...
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Browse database — It's Free!GIIG invest in seed, growth and late stage companies.
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- Industry: Environmental Engineering, Health Care, Ride Sharing
- Stage:Seed
- Geography: Kenya, Nigeria, United States
Investor stats
- Total investments: 6
- Lead/follow: no public data
Portfolio highlights
- BioBuu — BioBuu focuses on the development of manufacturing capacity and environmentally sustainable production.
- Treepz — Treepz Inc. (formerly Plentywaka) is building the largest shared mobility platform in West Africa with over 500,000 satisfied customers.
- EnvisionIt Deep AI — Envisionit Deep AI is an innovative medical technology company that utilizes AI to streamline and improve medical imaging diagnosis for radiologists.
Triodos Investment Management focuses on investments in various areas, including renewable energy, microfinance, and real estate.
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- Industry: Financial Services, Energy, FinTech
- Stage:Debt Financing, Series A
- Geography: India, Germany, Kenya
Investor stats
- Total investments: 41
- Lead/follow: no public data
Portfolio highlights
- Sunvigo — Sunvigo provides you with cheap solar power from your roof and real green power from the grid.
- Harmony Energy — Harmony Energy creates, constructs, and runs wind and solar energy projects. They build substantial solar PV farms, supporting landowners all along the way with their project. They have a range of project and technical abilities to share with landowners because they developed and operated wind power facilities.Established in 2010, Harmony Energyis one of the UK’s leading developers, owners, and operators of utility-scale battery energy storage. It also has expertise in developing, building, and running wind and solar facilities, both independently and in conjunction with others.
- 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.
Private Investment Holding Company
Show more...Investment focus
- Industry: PaaS, Energy, Renewable Energy
- Stage:Seed
- Geography: Nigeria
Investor stats
- Total investments: 2
- Lead/follow: no public data
Portfolio highlights
- Rensource Energy — Rensource develops, finances, and manages critical energy infrastructure for African enterprises with the objective of powering Africa's economy
Private Investment Company
Show more...Investment focus
- Industry: PaaS, Energy, Renewable Energy
- Stage:Seed
- Geography: Nigeria
Investor stats
- Total investments: 2
- Lead/follow: no public data
Portfolio highlights
- Rensource Energy — Rensource develops, finances, and manages critical energy infrastructure for African enterprises with the objective of powering Africa's economy
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.
Show more...Investment focus
- Industry: Financial Services, Energy, Payments
- Stage:Private Equity, Debt Financing
- Geography: Nigeria, United States, United Kingdom
Investor stats
- Total investments: 50
- Lead/follow: no public data
Portfolio highlights
- Thunes — bn Mobile and Stablecoin Wallets, Bank Accounts and Cards 0 Countries 0 Fiat and Stablecoin Currencies 0 Payment Methods 0 + Licences Unlock superior cross-border payments. Connect to our network and enable your customers to send instant payments to 120 mobile wallet brands and 3 billion mobile wallet accounts worldwide. Pay-to-Banks Enable reliable real-time payments
- Pave Bank — The world's first multi-asset and programmable bank
- Galatea Bio — Galatea Bio, a US-based biotechnology company was founder by Carlos Bustamante, Nicholas Katsanis and Alexander Ioannidis. Our mission is to drive groundbreaking discoveries in healthcare by pairing genetic diversity with cutting-edge data analytics. Our passion is fueled by a focus on populations historically underrepresented in genetics research.We achieve this by leveraging our world-class clinical network and biobank, cutting-edge algorithms, and innovative analyses to discover and validate new tests, treatments, and cures that will improve the lives of all.
Renew Capital is an Africa-focused investment firm that addresses critical gaps for Africa’s growing businesses and connects them to a global network of impact investors.
Show more...Investment focus
- Industry: Mobile Apps, Financial Services, Finance
- Stage:Pre-Seed, Seed
- Geography: Uganda, Kenya, Ethiopia
Investor stats
- Total investments: 26
- Lead/follow: no public data
Portfolio highlights
- Bosso — Bosso projects and realizes automation and robotic solutions for the growth of your business.
- Chpter — Chpter is a software development company that offers fast billing and checkout to help start, run, and grow a business.
- Level Africa — Digital Investment Marketplace for Africa
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.
Show more...Investment focus
- Industry: Energy, Solar, Software
- Stage:Seed, Series B
- Geography: Nigeria, Senegal, Zimbabwe
Investor stats
- Total investments: 5
- Lead/follow: no public data
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.
Better Ventures provides funding and support to technology startups building innovative solutions to big and important problems, from work and education to health and sustainability. Given the magnitude of the these problems and the enormous market opportunities they represent, it takes the best and brightest minds armed with the best resources toaddress them. These are the people they seek to back – entrepreneurs committed to using the tools and methodologies of the modern technology startup to build world-changing companies that make money and do good. They're thinking big and expecting big results, and so are the entrepreneurs they back.
Show more...Investment focus
- Industry: Health Care, Biotechnology, Software
- Stage:Seed, Series A, Pre-Seed
- Geography: United States, Kenya, Canada
Investor stats
- Total investments: 91
- Round size: Seed $75k–$5.5M; Pre-Seed $575k–$2.7M; Series A $2.5M–$26M
- Lead/follow: 22% lead, 78% follow
- Last fund: May invest from a new fund soon — raised $32M in 2019
Portfolio highlights
- dehaze — dehaze provides healthcare services by bringing medical AI models into clinical practice.
- Oasys Health — AI-native EHR and practice management system with real-time patient monitoring for private practices and therapy networks. Increase your efficiency via automated documentation, scheduling, billing, and teletherapy— all while leveraging advanced data from patients to personalize care.
- Critical Loop — Critical Loop is an energy technology company that provides on-demand power solutions for industrial and infrastructure applications by combining modular hardware and software systems. Its platform integrates behind-the-meter battery storage, on-site generation, and grid power through intelligent controls that dynamically manage energy supply basedon availability and demand. The company develops and deploys scalable microgrid systems, including relocatable batteries and control units, which can be implemented rapidly to address delays or limitations in traditional grid capacity. It also handles project development, system design, deployment, and ongoing operations and maintenance, enabling continuous monitoring and optimization of power performance. Critical Loop’s solutions are used across sectors such as manufacturing, transportation, data centers, and critical infrastructure to ensure consistent and flexible energy access.
Lateral Capital is a mission driven venture fund investing in early and growth stage opportunities in Africa. We back companies that provide foundational technologies for the continent. We make debt and equity investments technology-enabled businesses that profitably solve significant pain points across financial services, healthcare, education,energy, agriculture, housing, logistics, mobility and more.
Show more...Investment focus
- Industry: FinTech, Financial Services, Software
- Stage:Seed, Series A, Pre-Seed
- Geography: United States, Nigeria, Kenya
Investor stats
- Total investments: 37
- Round size: Seed $1M–$3.1M; Pre-Seed $500k–$3.5M; Series A $558k–$15M
- Lead/follow: 19% lead, 81% follow
- Last fund: May invest from a new fund soon — raised $50M in 2020
Portfolio highlights
- CNote — CNote makes initial Cash Deposits easy for corporations, foundations, and individuals. Align your financial goals with your values and drive change in communities.
- Rhaeos — Rhaeos, the world's first wearable shunt monitor, aims to improve the quality care for patients with hydrocephalus through a novel, thermal biosensor. Developed within Northwestern University with collaboration between Dr. John Rogers, McCormick School of Engineering, Feinberg School of Medicine and Kellogg School of Management, Rhaeosrepresents a unique multidisciplinary translational effort for an important clinical need.
- Wattnow — Wattnow is a real-time monitoring solution that provides a breakdown of energy spending to identify wasteful trends.
Blue Rinc Capital is an investment holding company focused on growth investments.
Show more...Investment focus
- Industry: PaaS, Energy, Renewable Energy
- Stage:Seed
- Geography: Nigeria
Investor stats
- Total investments: 2
- Lead/follow: no public data
Portfolio highlights
- Rensource Energy — Rensource develops, finances, and manages critical energy infrastructure for African enterprises with the objective of powering Africa's economy
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