Top 10 Enterprise VC Funds & Investors in Zambia (October 2026)

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.

Portfolio highlights

• EduPay — Smarter ways to pay for education
• Explorer School — Explorer School is an online primary and secondary school that offers educational programs.
• Likota Furniture — Proudly Zambian business specialized in handcrafted, sustainable furniture.

Portfolio highlights

• Saharan Oil & Gas Company — Saharan Oil & Gas Company Limited (formerly Hume Energy) is a conglomerate of project managers that provide energy solutions in Sub-Saharan Africa. Through our global network of partners we develop and apply Next Generation Technologies to help safely and responsibly address Africa’s growing energy deficit. Energy access influences comfort,safety, security, and human progress, touching every aspect of our lives. SOGCOL aims to evolve from a regional marketer to an advanced energy innovator and a global energy solutions provider. We aspire to be an industry leader in all aspects of energy production, transportation, distribution, and marketing. Our operations encompass identifying energy projects and facilitation of financing from research and development to promotion, marketing, and execution.

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 provides integrated climate data, parametric insurance, precision advisory, and agricultural finance for farmers and businesses across Africa. Access satellite data, weather insurance, agric loans, and AI-powered farming solutions with leading insurtech innovation.

Portfolio highlights

• SeraPay — We are revolutionizing social commerce in Africa with SeraPay, ensuring the seamless buying and selling of goods on social media platforms. Our innovative service empowers businesses to access markets beyond their geographical borders, making social retail easier and more efficient.
• Savabyte — Savabyte is a capacity builder and tech talent enricher with a pool of quality software engineers trained and mentored across our African ecosystem. It aims to empower more women to join the tech space and access the technical skills
• Jungopharm — Jungopharm is a developer of a pharma and healthcare platform that aims to make health care understandable, accessible & affordable for all.

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.

Portfolio highlights

• BURN — Experience clean, safe, and affordable cooking with BURN's innovative cookstoves. Impact lives, reduce emissions, and enjoy delicious meals. Shop now!
• Hydrobox — Hydrobox transforms communities and empowers people using the most affordable, reliable, and sustainable power.
• Emerging Cooking Solutions — Emerging Cooking Solutions manufactures and distributes SupaMoto® clean-burning stoves and biomass cooking fuel for low-income urban families in Zambia, improving air conditions and reducing the need for fossil fuels.Emerging Cooking Solutions seeks to serve the 850,000 low-income urban households in Zambia that are in need of a cheaperalternative to charcoal for their cooking needs as well as the 150,000 higher-income households that are in need of a higher-performing alternative to charcoal that is more reliable during power cuts.Emerging Cooking Solutions manufactures and distributes SupaMoto® stoves and densifies waste biomass into fuel pellets, which together create an improved cooking solution that is a cheaper and healthier alternative than charcoal and other fossil fuels. Use of the stove and fuel reduces the incidence of diseases caused by indoor air pollution and strengthens local economics through the use of sustainable fuels.

Portfolio highlights

• Figorr — Figorr is your go-to, for accessing reliable information on temperature, humidity, and location. Experience the next generation of data-driven insights with Figorr today.
• Sumet Technologies — Sumet is a transforming the distribution of essential goods across the african continent.
• TileGreen — TileGreen is a manufacturing technology company that invented a patented, machine-learning-based, and automated thermomechanical modular technology (TG1.0) that acts as a platform for producing more than 100 circular, economic, and durable building materials (recycled-polymer-aggregate-composite) from all types of mechanically unrecyclable plasticwaste at a green discount, not a green premium. Re-PAC material doesn’t crack, rot, rust, erode, or interact with chemicals, which makes it a durable, economical, and green alternative for multiple concrete, clay, wood, and metal non-structural applications.

Portfolio highlights

• ZPOS — ZPOS is currently undergoing maintenance. Please check back soon.

Portfolio highlights

• Coval — Coval helps teams prove voice agents are ready with voice AI testing, production evals, and human QA across the full agent lifecycle.
• 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.
• Rime — AI voice models built for real-time conversations. 600+ voices, 50+ languages, sub-100ms latency. Trusted by global enterprise.