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Top 5 Enterprise VC Funds & Investors in Zambia (August 2026)

The most active venture capital funds 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 Private Equity round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Ground Squirrel Ventures
VC Fund
4 United States, Kenya, Zambia Seed, Venture - Series Unknown Financial Services, FinTech, Finance $125k–$48M
UNDP
VC Fund
2 South Africa, United States, Egypt Grant, Seed, Pre-Seed AgTech, E-Commerce, Agriculture $7k–$100k
Goneke Investment Group
VC Fund
2 Zambia Seed, Private Equity Energy, Oil and Gas, Project Management
Growth Investment Partners
VC Fund
1 Ghana, Zambia Debt Financing, Private Equity Mining, Farming, Mineral
Zenga Ventures
VC Fund
1 Zambia Seed Apps, Software, Business Information Systems
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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, Venture - Series Unknown
  • Geography: United States, Kenya, Zambia

Investor stats

  • Total investments: 70
  • Round size: Seed $400k–$3M; Venture - Series Unknown $125k–$48M
  • 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, Seed, Pre-Seed
  • Geography: South Africa, United States, Egypt

Investor stats

  • Total investments: 17
  • Round size: Grant $25k–$100k; Pre-Seed $7k–$40k
  • Lead/follow: 41% lead, 59% 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 — Empowering communities and industries with climate data, insurance, and financial infrastructure. 080000CALL-RIWE
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Goneke Investment Group
VC Fund · Johannesburg, NA - South Africa, South Africa · 2 investments in Zambia Enterprise startups

Pioneering a century-long initiative to finance, build, and secure the critical industries that define national strength.

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Investment focus

  • Industry: Energy, Oil and Gas, Project Management
  • Stage:Seed, Private Equity
  • Geography: Zambia

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

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.
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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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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 currently undergoing maintenance. Please check back soon.
Show all investments...

Enterprise VC funding in Zambia at a glance

Stats across 21 deals from 15 investors.

15
investors
in Zambia Enterprise startups
21
deals
in Zambia Enterprise startups
$300k
median round
in Zambia Enterprise startups
60%
lead investors
lead at least one round
29%
Seed
most common funding stage

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