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Top 15 Energy Startup Investors in Uganda (October 2026)

The most active venture capital funds and angel investors investing in Uganda Energy startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Uganda Energy startup companies. Find investors to raise a Seed, Debt Financing or Venture - Series Unknown round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
EDFI ElectriFI
VC Fund
2 United States, Kenya, France Debt Financing, Venture - Series Unknown, Series A Energy, Solar, Renewable Energy $114k–$30M
GAIA Impact Fund
VC Fund
1 Singapore, South Korea, France Series A, Series B, Seed Energy, Solar, Renewable Energy $100k–$40M
Energise Africa
VC Fund
1 Kenya, Uganda, Germany Debt Financing, Venture - Series Unknown Renewable Energy, Energy, Solar $200k–$4M
Pearl Capital Partners
VC Fund
1 Uganda, Kenya, Malawi Private Equity, Debt Financing, Seed Agriculture, Farming, Food Processing $5k–$2.6M
BESTSELLER Foundation
VC Fund
1 Kenya, India, Uganda Debt Financing, Seed, Series A E-Commerce, Waste Management, Art $100k–$100k
Belgian Investment Company for Developing Countries
VC Fund
1 India, Kenya, Ecuador Debt Financing, Non-Equity Assistance, Venture - Series Unknown Financial Services, Finance, Banking $16k–$18M
3rd Creek Foundation
VC Fund
1 United States, India, Rwanda Grant, Debt Financing, Seed Training, Manufacturing, Farming $10k–$35k
Ondernemers voor Ondernemers
VC Fund
1 Uganda Debt Financing Solar, Energy, Information Technology
Iungo Capital
VC Fund
1 Uganda, Kenya, United States Seed, Debt Financing Agriculture, Information Technology, AgTech $100k–$490k
TLG Capital
VC Fund
1 Nigeria, United Kingdom, Uganda Debt Financing, Private Equity, Venture - Series Unknown Financial Services, Finance, Banking $3M–$600M
Sarah Dusek
Angel
1 South Africa, Uganda, Zambia Seed, Venture - Series Unknown, Angel Financial Services, Solar, Energy $150k–$1M
Autodesk Foundation
VC Fund
1 United States, Kenya, Uganda Seed, Series A, Series B Energy, Renewable Energy, CleanTech $2.1M–$40M
Delta40
VC Fund
1 Kenya, Ghana, Uganda Seed, Venture - Series Unknown, Pre-Seed Agriculture, Solar, AgTech $1.3M–$2.3M
InfraCo Africa
VC Fund
1 Kenya, India, France Seed, Series B Renewable Energy, Solar, Energy $1.5M–$28M
Jim Chu
Angel
1 United States, Mali, Togo Seed, Pre-Seed, Angel FinTech, Internet, Automotive $153k–$1M
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Investor list

EDFI ElectriFI
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 2 investments in Uganda Energy startups

Impact investment in sustainable energy

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Investment focus

  • Industry: Energy, Solar, Renewable Energy
  • Stage:Debt Financing, Venture - Series Unknown, Series A
  • Geography: United States, Kenya, France

Investor stats

  • Total investments: 68
  • Round size: Series A $2.2M–$30M; Debt Financing $114k–$10M; Venture - Series Unknown $1.6M–$16M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • BURN — Experience clean, safe, and affordable cooking with BURN's innovative cookstoves. Impact lives, reduce emissions, and enjoy delicious meals. Shop now!
  • GOGO Electric — GOGO Electric offers lithium-ion battery production, e-mobility solution and lithium-ion battery recycling services.
  • MyJouleBox — MyJouleBox offers a solution for solar professionals in Africa to offer leased solar installations to their customers.
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GAIA Impact Fund
VC Fund · Paris, Ile-de-France, France · 1 investments in Uganda Energy startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

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

Energise Africa – enabling people to invest in pioneering businesses that install life-changing solar systems

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Investment focus

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

Investor stats

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

Portfolio highlights

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

Pearl Capital Partners is a specialist agriculture investment firm that has been investing in small and medium sized East African agribusinesses since 2005. Pearl Capital Partners investments generate financial returns for our investors while creating significant social impact. Pearl Capital Partners success is derived from working with ambitious management teams, providing supportive investment structures and specialist expertise that create high-growth agribusinesses.

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Investment focus

  • Industry: Agriculture, Farming, Food Processing
  • Stage:Private Equity, Debt Financing, Seed
  • Geography: Uganda, Kenya, Malawi

Investor stats

  • Total investments: 36
  • Round size: Seed $1.3M–$2.1M; Debt Financing $5k–$650k; Private Equity $346k–$2.6M
  • Lead/follow: 92% lead, 8% follow
  • Last fund: May invest from a new fund soon — raised $13M in 2017

Portfolio highlights

  • Enimiro — Enimiro is creating an online farming platform in form of a mobile App to connect Ugandan smallholder farmers with local investors to increase harvest while enabling urban people to invest into farming and earn proceeds at just a click of a button.
  • Kamp Feed — Kamp Feed is a food producer of nutritional animal feeds that specializes in pelleted animal feeds.
  • Newman Foods — Newman Foods is an agro-processing company that manufactures, exports, and supplies a comprehensive range of fresh agricultural products. Newman Foods Ltd is a Kampala-based agro-processing company whose primary business is producing and marketing branded consumer foods sold through retail stores in the local and the regional market, as well asaggregation and export of fresh fruits and vegetables (FFV) to the European market.
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BESTSELLER Foundation
VC Fund · 1 investments in Uganda Energy startups

BESTSELLER Foundation

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Investment focus

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

Investor stats

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

Portfolio highlights

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

BIO invests in SMEs in developing countries and makes a structural contribution to the socio-economic growth.

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Investment focus

  • Industry: Financial Services, Finance, Banking
  • Stage:Debt Financing, Non-Equity Assistance, Venture - Series Unknown
  • Geography: India, Kenya, Ecuador

Investor stats

  • Total investments: 137
  • Round size: Debt Financing $1.6M–$18M; Non-Equity Assistance $16k–$145k; Venture - Series Unknown $43k–$9.8M
  • Lead/follow: 55% lead, 45% follow

Portfolio highlights

  • Amartha — Amartha Mikro Fintech - P2P Lending Indonesia. Alternatif investasi dengan modal terjangkau mulai 100Rb. Tedaftar OJK, Imbal hasil 15%* & Berdampak Sosial.
  • Coris Holding — Coris Holding is a financial institution that was established with the motive to provide support to SMEs and SMIs.
  • Orchidia Pharmaceutical — Orchidia Pharmaceutical is a manufacturing company that provides ophthalmic drugs, food supplements, and cosmeceutical products.
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3rd Creek Foundation
VC Fund · Incline Village, Nevada, United States · 1 investments in Uganda Energy startups

3rd Creek Foundation is a small foundation focused on global poverty alleviation through grant-making and impact investing.

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Investment focus

  • Industry: Training, Manufacturing, Farming
  • Stage:Grant, Debt Financing, Seed
  • Geography: United States, India, Rwanda

Investor stats

  • Total investments: 14
  • Round size: Debt Financing $10k–$35k
  • Lead/follow: 86% lead, 14% follow
  • Last fund: May invest from a new fund soon — raised $2M in 2021

Portfolio highlights

  • WARC Group — Sustainable agriculture, No Till, Rice, Social, Maize, Soybeans, and consulting
  • Hoste Hainse —
  • Village Enterprise — Village Enterprise is a nonprofit dedicated to ending extreme poverty in rural Africa through the power of entrepreneurship. Learn more.
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Ondernemers voor Ondernemers
VC Fund · Heverlee, Vlaams-Brabant, Belgium · 1 investments in Uganda Energy startups

Local entrepreneurship is an engine for greater opportunity. Entrepreneurs for Entrepreneurs - OVO for short - strengthens sustainable entrepreneurship in Africa

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Investment focus

  • Industry: Solar, Energy, Information Technology
  • Stage:Debt Financing
  • Geography: Uganda

Investor stats

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

Portfolio highlights

  • Innovex — Innovex builds embedded systems, IoT devices and cloud software in Kampala, Uganda, powering distributed energy, water and equipment for partners across Africa.
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Iungo Capital
VC Fund · Kampala, Kampala, Uganda · 1 investments in Uganda Energy startups

Welcome to Iungo Capital. The first open ended investment company that exclusively provides finance and support to East African SMEs. Explore more.

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Investment focus

  • Industry: Agriculture, Information Technology, AgTech
  • Stage:Seed, Debt Financing
  • Geography: Uganda, Kenya, United States

Investor stats

  • Total investments: 16
  • Round size: Seed $100k–$490k
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Vivid Gold — Shop video games and consoles at Vivid Gold. Features Lipa Pole Pole payments, Pre-Order & Back-Order price guarantees, and top-tier customer service.
  • Viebeg — Viebeg transform the way medical products are bought and sold, advancing the 4th industrial revolution in the developing world.
  • FutureLink Technologies — Creating Financial Freedom for all in Africa through FutureLink.
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TLG Capital
VC Fund · London, England, United Kingdom · 1 investments in Uganda Energy startups

TLG Capital is an award-winning private investment firm dedicated to empowering frontier market entrepreneurs, with a focus on opportunities in Sub-Saharan Africa (SSA).TLG firmly believes that impact creation is crucial to sustained financial success. They are committed to tackling persistent challenges and better directing resources towards improving the lives for some of the world’s most vulnerable people. Their investments have had a significantly social, environmental and development impact across Sub-Saharan Africa.TLG Africa Limited is a permanent capital investment vehicle focusing on equity opportunities in Sub-Saharan Africa (SSA). TLG Africa invests in sectors underpinned by the ‘rise of the African consumer’, such as: healthcare, finance, consumer goods and real estate. These investments include direct minority/majority stake investments, secondary opportunities and distressed fund restructurings. TLG Africa always seeks board representation, along with other minority protections. Notable investments include WHO pre-approved pharmaceutical plant QCIL (Uganda) and healthcare facilities in West Africa. In recognition for their efforts, their deals have won multiple awards including ‘Landmark Deal of the Decade’ in 2012 and 'Frontier Deal of the Year' in 2014 from Private Equity Africa.

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Investment focus

  • Industry: Financial Services, Finance, Banking
  • Stage:Debt Financing, Private Equity, Venture - Series Unknown
  • Geography: Nigeria, United Kingdom, Uganda

Investor stats

  • Total investments: 30
  • Round size: Debt Financing $3M–$15M; Private Equity $25M–$600M; Venture - Series Unknown $5M–$12M
  • Lead/follow: 83% lead, 17% follow
  • Last fund: Likely still investing — raised $25M in 2022

Portfolio highlights

  • NMB Bank — NMB Bank is dedicated to providing premium financial services to all existing and potential customers. Since 1993, we have offered supreme corporate, retail and investment banking solutions.
  • Drive45 — Drive45 is a company that specializes in mobility solutions, notably for people who need help with transportation due to age, disability, injury, or other mobility issues.
  • VivaJets — Fly private across Africa and beyond with VivaJets. Book a private jet charter, manage or buy an aircraft, or explore fractional ownership with a team built around safety, comfort and efficiency.
Show all investments...

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

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Sarah Dusek
Angel · Great Falls, Montana, United States · 1 investments in Uganda Energy startups

Sarah Dusek is the Managing General Partner of Enygma Ventures. Prior to that, he was the Co-Founder of Under Canvas; the leading US adventure-hospitality company offering luxurious glamping accommodations just minutes from America’s most popular and iconic national parks.In 2017, under Sarah’s leadership Under Canvas received a spot on thecoveted Inc. 5000 list and Sarah was named to the EY Entrepreneurial Winning Women list from Ernst & Young. Under Canvas has set an unprecedented new standard in ecological development while also redefining experiential hospitality in a meaningful way.She graduated from The University of Manchester and the University of Exeter.

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Investment focus

  • Industry: Financial Services, Solar, Energy
  • Stage:Seed, Venture - Series Unknown, Angel
  • Geography: South Africa, Uganda, Zambia

Investor stats

  • Total investments: 7
  • Round size: Seed $150k–$1M; Venture - Series Unknown $249k–$457k
  • Lead/follow: 86% lead, 14% follow

Portfolio highlights

  • 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.
  • Onelamp Uganda — Distributing solar fishing lanterns and solar lights in Uganda.
  • Startup Circles.ai — Learn to to build and grow your business fast. Practical business school - by practitioners, experienced entrepreneurs, and investors. Join the movement of game changers in Africa.
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Autodesk Foundation
VC Fund · San Francisco, California, United States · 1 investments in Uganda Energy startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • M2X Energy — M2X Energy is a scalable methane conversion technology company that provides automated gas-to-product systems for methane conversion.
  • Last Energy — Last Energy develops and delivers micro modular nuclear power plants designed to provide decarbonized, reliable energy through a full-service delivery model that spans design, construction, and operations. The company offers factory-produced modular plants, like its 20 MWe PWR-20 units, that can be deployed rapidly to serve energy-intensiveindustrial customers and utilities with baseload electricity and heat. Its services include long-term power purchase agreements that eliminate upfront capital for customers while enabling flexible siting and minimal resource requirements. Last Energy’s solutions support both behind-the-meter applications for industries and grid-scale energy projects for broader power delivery. The company integrates established reactor technology with its delivery process to help clients access consistent, carbon-free energy.
  • Found Energy — Found Energy's aluminum-thermal power systems extract renewable energy from aluminum at double the energy density of diesel and at a competitive cost. Compact, modular, safe, and carbon-free, our technology makes industrial decarbonization practical.
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Delta40
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in Uganda Energy startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • SunFi — SunFi tech solution help people access solar energy with installation and payment plans.
  • Farm to Feed — One third of all food is lost or wasted, enough to feed the number of hungry people twice worldwide. Food loss and waste contributes to 10% of greenhouse gases globally. We aggregate and repurpose imperfect and surplus produce to create a healthier planet.
  • Lori Systems — Lori Systems is revolutionizing African logistics through innovative technology solutions. We connect shippers, transporters, and drivers to create efficient, reliable, and transparent supply chains across Africa.
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InfraCo Africa
VC Fund · London, England, United Kingdom · 1 investments in Uganda Energy startups

As of 1 August 2025, infracoafrica.com and infracoasia.com content has been moved over to pidg.org.

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Investment focus

  • Industry: Renewable Energy, Solar, Energy
  • Stage:Seed, Series B
  • Geography: Kenya, India, France

Investor stats

  • Total investments: 13
  • Round size: Seed $1.5M–$3.4M; Series B $9M–$28M
  • Lead/follow: 54% lead, 46% follow

Portfolio highlights

  • Afresco — Afresco is Africa's fastest growing clean energy service company (ESCO) that leverages our expertise in mini-grids, C&I solar and large-scale IPPs to power businesses and optimize energy needs. Specialties: Energy efficiency, Solar energy, Energy production, Energy storage, Energy management, ESCO, and Smart Buildings
  • 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.
  • Mawingu Networks — Unlimited internet packages for your home and office. 24/7 customer support. Get connected today, starting from 2,500 per month!
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Jim Chu
Angel · San Francisco, California, United States · 1 investments in Uganda Energy startups

Jim Chu is the Founder & CEO at Untapped Global.

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Investment focus

  • Industry: FinTech, Internet, Automotive
  • Stage:Seed, Pre-Seed, Angel
  • Geography: United States, Mali, Togo

Investor stats

  • Total investments: 9
  • Round size: Pre-Seed $153k–$1M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • OnePipe — OnePipe aggregates APIs from banks and fintechs into a standardized gateway that is easy to integrate and makes partnerships seamless.
  • SEMOA — Founded in 2016, SEMOA have today an international footprint in 13 countries of Africa with the statement to bring something more to people's daily lives. SEMOA is a pioneering fintech company that is reshaping the financial landscape across Africa by specializing in two key areas: the digitalization of banking services and empowerment ofmobile transactions.As a software editor, SEMOA offers a suite of APIs platform and white-label SaaS tools designed to address financial inclusion challenges in Africa, where traditional banking systems often fall short. As a transaction enabler, SEMOA acts as a schema for mobile transaction allowing banks to create more value through a service layer.
  • Onelamp Uganda — Distributing solar fishing lanterns and solar lights in Uganda.
Show all investments...

Energy Investor funding in Uganda at a glance

Stats across 59 deals from 53 investors.

53
investors
in Uganda Energy startups
59
deals
in Uganda Energy startups
$100k
median round
in Uganda Energy startups
58%
lead investors
lead at least one round
31%
Grant
most common funding stage
96/4
VC / Angel
share of investor count

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