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Top 5 Enterprise Startup Investors in Zambia (July 2026)

The most active venture capital funds and angel investors investing in Zambia Enterprise startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Zambia Enterprise startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Ground Squirrel Ventures
VC Fund
4 United States, Kenya, Zambia Seed, Series A Financial Services, FinTech, Finance $400k–$5M
UNDP
VC Fund
2 South Africa, United States, Egypt Grant, Pre-Seed, Seed AgTech, E-Commerce, Agriculture $7k–$100k
Zenga Ventures
VC Fund
1 Zambia Seed Apps, Software, Business Information Systems
Twilio
VC Fund
1 United States, Egypt, Brazil Series A, Seed, Series B Software, Artificial Intelligence, Information Technology $195k–$40M
Growth Investment Partners
VC Fund
1 Ghana, Zambia Debt Financing, Private Equity Mining, Farming, Mineral
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Investor list

Ground Squirrel Ventures
VC Fund · Boston, Massachusetts, United States · 4 investments in Zambia Enterprise startups

Seed round investment in frontier markets and clean energy

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Seed, Series A
  • Geography: United States, Kenya, Zambia

Investor stats

  • Total investments: 70
  • Round size: Seed $400k–$3M; Series A $1.8M–$5M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Grapevine — Grapevine makes it possible for groups to invite members, collect and distribute donations, establish a community and connect with nonprofits.
  • Untapped Global — Untapped connects global investors, and foreign capital to opportunities in emerging markets. Delivering competitive returns, and measurable impact for global investors.
  • Necessary Ventures — We invest in what the world needs.
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UNDP
VC Fund · New York, New York, United States · 2 investments in Zambia Enterprise startups

UNDP works to eradicate poverty and reduce inequalities through the sustainable development of nations, in more than 170 countries and territories.

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Investment focus

  • Industry: AgTech, E-Commerce, Agriculture
  • Stage:Grant, Pre-Seed, Seed
  • Geography: South Africa, United States, Egypt

Investor stats

  • Total investments: 16
  • Round size: Grant $25k–$100k; Pre-Seed $7k–$40k
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • Amanleek — Amanleek, aims to simplify insurance services and make it more accessible for a wider base of individual and business customers through leveraging transparency, trust and innovation to deliver an enhanced experience for all parties involved through tech based solutions.
  • Medtech Africa — Medtech Africa is a Nigerian-based startup leveraging Artificial Intelligence and Apps to enable Cardiologists to treat and manage patients living with Cardiovascular Disease using the Patient's own data.The App, Forcardio, is a smart mobile & web application that seamlessly connects FDA-approved Bluetooth-enabled Cardiovascular devicesused by Patients through a mobile app to physician's tablet/device.Forcardio, eliminates the need for Cardiologists to use hundreds of apps to manage CVD. Forcardio App connects all CVD devices.We provide features such as AI analytics and Planning tools for Patient data for Cardiologist, emergency warning systems, on-demand video/voice call and management tools for CVD Patients.
  • Riwe — Riwe is building the operating system for climate resilience in Africa. We use AI, satellite data, and blockchain to power instant insurance, payments, and digital identity for farmers and rural businesses.Farmers get covered and paid in minutes — not weeks. Banks and insurers access verified risk data to expand safely into rural markets.Weoffer early warning systems and mobile-accessible, inclusive and affordable parametric climate insurance and climate insights to protect the income of farmers in Africa's underserved communities, ensuring their stability and profitability. Accessible from any mobile device, even without the internet via USSD and SMS, and pay for premium using mobile money
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Zenga Ventures
VC Fund · 1 investments in Zambia Enterprise startups

Zenga Ventures is an investing firm for startups.

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Investment focus

  • Industry: Apps, Software, Business Information Systems
  • Stage:Seed
  • Geography: Zambia

Investor stats

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

Portfolio highlights

  • ZPOS — ZPOS is a mobile application that speicalizes in shop management system which allows to record all transactions of the business.
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Twilio
VC Fund · San Francisco, California, United States · 1 investments in Zambia Enterprise startups

Create amazing customer experiences with our Customer Engagement Platform (CEP) that combines communication APIs with AI. Build solutions for SMS, WhatsApp, voice, and email.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: United States, Egypt, Brazil

Investor stats

  • Total investments: 31
  • Round size: Seed $195k–$1.7M; Series A $7.6M–$28M; Series B $7.6M–$40M
  • Lead/follow: 16% lead, 84% follow
  • Last fund: Likely still investing — raised $50M in 2021

Portfolio highlights

  • Coval — Coval is a simulation and evaluation platform for AI agents, enabling engineers to deploy reliable assistants across chat and modalities.
  • Deepgram — Deepgram helps enterprises unlock the potential of their audio data with custom-trained speech recognition for accuracy and scale. Deepgram's deep learning speech recognition system searches for keywords in transcripts by sound and text within audio and video files, used for transcribing calls, meetings, and voicemails for searchable notes,providing businesses with a fast, high accuracy speech-to-text on an easy-to-use API.The company was founded in 2015 and is headquartered in San Francisco, California.
  • Hyro — A stellar customer journey starts with conversational AI. Take complex data and turn it into simple dialogue across any digital channel, for all enterprises and their customers.
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Growth Investment Partners
VC Fund · Accra, Greater Accra, Ghana · 1 investments in Zambia Enterprise startups

Welcome to Growth Investment Partners - A custom built investment model that meets the needs of the growing entrepreneur.

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Investment focus

  • Industry: Mining, Farming, Mineral
  • Stage:Debt Financing, Private Equity
  • Geography: Ghana, Zambia

Investor stats

  • Total investments: 6
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Springs & Bolts — SBLC manufactures U – Bolts, Leaf Springs, Trailer Suspensions & exports to the West Africa n Sub-Region and also sells on the Ghana market.
  • Boxpack Zambia — Boxpack Zambia specialists in manufacturing Corrugated boxes.
  • Altus Financial Services — Altus Financial Services operates as a non-bank microfinance institution focused on providing short- to medium-term financing solutions to underserved segments. Its core business model utilizes customized credit evaluation structures, such as a payroll-deduction system, to disperse capital to public sector workers, small business owners, andmicro-entrepreneurs. The value proposition centers on expanding financial inclusion by delivering rapid loan approvals and flexible terms that accommodate clients who do not fit traditional bank appraisal checklists. This structured underwriting enables capital allocation across diverse sectors including farming, retail, construction, and manufacturing.
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Enterprise Investor funding in Zambia at a glance

Stats across 16 deals from 13 investors.

13
investors
in Zambia Enterprise startups
16
deals
in Zambia Enterprise startups
$300k
median round
in Zambia Enterprise startups
62%
lead investors
lead at least one round
31%
Seed
most common funding stage
100/0
VC / Angel
share of investor count

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