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Top 50 Fashion Startup Investors in Africa (October 2026)

The most active venture capital funds and angel investors investing in Africa Fashion startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Africa Fashion startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Women Entrepreneurship for Africa
VC Fund
3 Nigeria, Uganda, Cameroon Pre-Seed, Grant Health Care, Agriculture, Food and Beverage
F6 Ventures
VC Fund
3 Tunisia, France, United Arab Emirates Pre-Seed, Seed E-Commerce, Software, Information Technology $62k–$174k
Pipeline Angels
VC Fund
2 United States, Nigeria Seed, Angel, Pre-Seed Health Care, Education, Software $25k–$2.3M
Earn Rocket Investment Holding
VC Fund
2 Morocco Pre-Seed Fashion, E-Commerce, Mobile Apps $100k–$350k
Leadpath Nigeria
VC Fund
2 Nigeria Seed E-Commerce, Retail, Software $35k–$1.1M
Leonard Stiegeler
Angel
1 Nigeria, South Africa, United States Seed, Angel, Pre-Seed FinTech, Financial Services, B2B $1.3M–$6M
J.P. Morgan Asset Management
VC Fund
1 United States, India, Canada Private Equity, Series B, Series D Financial Services, FinTech, Finance $19M–$200M
Danis Group
VC Fund
1 Debt Financing Fashion, E-Commerce, Mobile Apps
CDG Invest
VC Fund
1 Morocco, France, United Arab Emirates Seed, Pre-Seed, Series A Software, Apps, Financial Services $200k–$19M
Patricia Ithau
Angel
1 Kenya Seed, Pre-Seed Beauty, Retail, Fashion
Daniel Funk
Angel
1 South Africa Seed Retail, Fashion
Umoja Rubber Products
VC Fund
1 Kenya Seed Shoes, Sports, Fashion
Oliver Merkel
Angel
1 Germany, South Africa, United States Seed, Angel, Pre-Seed Retail, Fashion, Banking $6M–$9.8M
Thescathcompanies
VC Fund
1 Nigeria Pre-Seed Consulting, B2B, Gift
Standard Chartered Women in Technology
VC Fund
1 Kenya, Ghana Seed, Grant, Pre-Seed Health Care, Information Technology, E-Commerce $9k–$121k
Apar Investments
VC Fund
1 India, South Africa Seed, Venture - Series Unknown Beauty, Fashion, Internet
MAGIC Global Accelerator
VC Fund
1 Kenya Seed Fashion, Lifestyle, E-Commerce
Eastate
VC Fund
1 Sweden, Ireland, Morocco Venture - Series Unknown, Seed, Series A Apps, Mobile, E-Commerce $352k–$1M
Ben Munoz
Angel
1 Kenya Pre-Seed Fashion, E-Commerce, Information Services
FJ Labs
VC Fund
1 United States, United Kingdom, Brazil Seed, Series A, Series B Software, E-Commerce, Financial Services $1.2M–$65M
Presight Capital
VC Fund
1 United States, United Kingdom, Germany Seed, Series A, Series B Biotechnology, Health Care, Financial Services $2M–$125M
Ventures Platform
VC Fund
1 Nigeria, United States, Kenya Seed, Pre-Seed Financial Services, FinTech, Internet $100k–$4M
Aruwa Capital
VC Fund
1 Nigeria, United States, France Seed, Venture - Series Unknown, Series A Health Care, Retail, FinTech $100k–$20M
Teranga Capital
VC Fund
1 Senegal Seed, Pre-Seed Logistics, AgTech, Farming $64k–$1M
Launch Africa
VC Fund
1 Nigeria, South Africa, United States Seed, Pre-Seed, Venture - Series Unknown Financial Services, FinTech, Information Technology $200k–$4M
Chui Ventures
VC Fund
1 Nigeria, Kenya, United States Seed, Pre-Seed, Venture - Series Unknown Retail, FinTech, E-Commerce $250k–$5M
Sumit Bhasin
Angel
1 Kenya Pre-Seed Fashion, E-Commerce, Information Services
RiverPark Ventures
VC Fund
1 United States, Canada, United Kingdom Seed, Series A, Series B Software, E-Commerce, SaaS $1M–$63M
Future Africa
VC Fund
1 Nigeria, United States, Kenya Seed, Pre-Seed, Series A Financial Services, FinTech, Information Technology $100k–$40M
216 Capital
VC Fund
1 Tunisia, France, United States Seed, Pre-Seed, Angel B2B, SaaS, Software $161k–$1.5M
Miarakap
VC Fund
1 Madagascar, France Seed, Venture - Series Unknown Food and Beverage, Farming, Agriculture
Resilience17
VC Fund
1 Nigeria, United States, Kenya Seed, Pre-Seed, Venture - Series Unknown FinTech, Financial Services, Payments $100k–$12M
VentureSouq
VC Fund
1 United States, United Arab Emirates, Saudi Arabia Seed, Series A, Series B FinTech, Financial Services, Software $225k–$50M
Kendall Tang
Angel
1 Kenya Pre-Seed Fashion, E-Commerce, Information Services
Thinkroom Consulting
VC Fund
1 South Africa Seed Fashion
Mato Perić
Angel
1 Germany, India, United Kingdom Seed, Series A, Pre-Seed Financial Services, FinTech, E-Commerce $2M–$100M
Peter Njonjo
Angel
1 Kenya, United States Pre-Seed Fashion, Software, E-Commerce $1M–$3M
Frank Smit
Angel
1 South Africa Seed Fashion
Roselake Ventures
VC Fund
1 Kenya, Nigeria, Pakistan Pre-Seed, Seed Logistics, SaaS, Fashion $200k–$2M
Ingressive Capital
VC Fund
1 Nigeria, United States, Egypt Pre-Seed, Seed, Series A Financial Services, FinTech, Information Technology $25k–$15M
Logos Ventures
VC Fund
1 Kenya, Nigeria, United States Seed, Pre-Seed Financial Services, B2B, Fashion $750k–$4.5M
Mizizi Africa Consumer Holdings
VC Fund
1 Kenya, Canada Seed E-Commerce, Shoes, Retail
Jean-Paul Zammitt
Angel
1 South Africa Seed Retail, Fashion
Microtraction
VC Fund
1 Nigeria, United States, Ghana Pre-Seed, Seed, Angel Financial Services, FinTech, Software $30k–$1.3M
Tushar Ahluwalia
Angel
1 Germany, Mexico, South Africa Seed, Pre-Seed, Angel Retail, InsurTech, Insurance $3.4M–$50M
Talanton
VC Fund
1 Kenya Series A, Debt Financing, Seed Shoes, Retail, Sports $1.1M–$23M
SPEAR Capital
VC Fund
1 Zimbabwe, Malawi, South Africa Venture - Series Unknown, Private Equity, Series A Manufacturing, Food and Beverage, Fashion
Farfetch
VC Fund
1 United States, United Kingdom, Spain Pre-Seed, Seed, Corporate Round Fashion, Blockchain, E-Commerce $35k–$200M
Garage Capital
VC Fund
1 Canada, United States, Israel Seed, Series A, Pre-Seed Software, Information Technology, Artificial Intelligence $765k–$50M
Vikram Chopra
Angel
1 India, South Africa Seed, Series B Internet, Retail, Fashion $1.3M–$9.5M
Access all 50 investors in Africa Fashion startups.

Access 48,091 investors

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

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Investor list

Women Entrepreneurship for Africa
VC Fund · Lagos, Lagos, Nigeria · 3 investments in Africa Fashion startups

Women Entrepreneurship for Africa

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Investment focus

  • Industry: Health Care, Agriculture, Food and Beverage
  • Stage:Pre-Seed, Grant
  • Geography: Nigeria, Uganda, Cameroon

Investor stats

  • Total investments: 116
  • Lead/follow: 99% lead, 1% follow

Portfolio highlights

  • ORIKI — ORIKI is a luxury skin and hair care brand that fuses all-natural ingredients primarily sourced from the continent of Africa with scientific research to create extraordinary products.
  • Mukuru Clean Stoves — Mukuru Clean Stoves is a social enterprise The company is engaged in designing, producing and distributing improved, reliable and affordable cook stoves for low income households. The company's stoves are produced using locally sourced recycled waste metal enabling them to reduce production costs and make affordable products in the market.The company distributes its products through networks of local women business owners and microfinance institutions.
  • Loom Craft Chocolate — Loom Craft Chocolate is a artisanal cocoa processor with a strong focus on the quality of our products and the sustainability of our processes.
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F6 Ventures
VC Fund · Tunis, Tunis, Tunisia · 3 investments in Africa Fashion startups

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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Investment focus

  • Industry: E-Commerce, Software, Information Technology
  • Stage:Pre-Seed, Seed
  • Geography: Tunisia, France, United Arab Emirates

Investor stats

  • Total investments: 81
  • Round size: Seed $70k–$174k; Pre-Seed $62k–$100k
  • Lead/follow: 51% lead, 49% follow
  • Last fund: May invest from a new fund soon — raised $10M in 2019

Portfolio highlights

  • Datasphera — Customer service is our #1 priority. Get a premium domain for your website today. Financing available.
  • True Delta — True Delta is a data management and processing company. They are document recognition and data reconciliation processes. They offer data extraction from documents using ocr techniques, fast onboarding and data integration,and efficient data reconciliation with intelligent matching tools and less coding .
  • 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.
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Pipeline Angels
VC Fund · New York, New York, United States · 2 investments in Africa Fashion startups

Pipeline Angels is changing the face of angel investing and creating capital for women and non-binary femme social entrepreneurs. Our members serve as the friends and family round for entrepreneurs who may not already have support at that critical stage.

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Investment focus

  • Industry: Health Care, Education, Software
  • Stage:Seed, Angel, Pre-Seed
  • Geography: United States, Nigeria

Investor stats

  • Total investments: 172
  • Round size: Seed $60k–$2.3M; Angel $25k–$1.6M; Pre-Seed $100k–$1M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • CarpeDM — CarpeDM app is an exclusive member-only dating community created for singles seeking meaningful relationships with professional Black women.
  • Givepact — Donate crypto or cash to the causes that matter. Givepact is a crypto fundraising platform for nonprofits.
  • Voiceblocks — Voiceblocks is a world-class, high-growth social impact venture that supports K–12 schools and families in streamlining the special education process for students with disabilities. Through innovative technology, we aim to reduce administrative burdens, enhance communication, and improve academic and developmental outcomes for students receivingspecial education services.
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Earn Rocket Investment Holding
VC Fund · Istanbul, Istanbul, Turkey · 2 investments in Africa Fashion startups

Earn Rocket Investment Holding is an investment firm With decades of experience in both areas, we serve as a commercial, investment, and trading gateway between Turkey and North Africa.

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Investment focus

  • Industry: Fashion, E-Commerce, Mobile Apps
  • Stage:Pre-Seed
  • Geography: Morocco

Investor stats

  • Total investments: 2
  • Round size: Pre-Seed $100k–$350k
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Justyol — Justyol is a unique fashion e-commerce marketplace that bridges the gap between the Turkish fashion market and Mena markets.
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Leadpath Nigeria
VC Fund · Lagos, Lagos, Nigeria · 2 investments in Africa Fashion startups

The Ultimate Information Hub

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Investment focus

  • Industry: E-Commerce, Retail, Software
  • Stage:Seed
  • Geography: Nigeria

Investor stats

  • Total investments: 14
  • Round size: Seed $35k–$1.1M
  • Lead/follow: 57% lead, 43% follow

Portfolio highlights

  • Fashpa — Welcome to Nigeria’s leading online fashion destination! Shopping online at Fashpa.com in Nigeria means the days of looking through endless boutiques and car boot sales to find that perfect fashion item and buying it at an expensive price when you do are long gone. Whether you are searching for the latest trends, clothing items, shoes,accessories or beauty products, FASHPA.COM brings you a huge collection of brands from which to choose the very best and latest. From shoes, such as heels, espadrilles, flats, sandals for women, wedges, down to clothes, like, swimwear, shorts, underwear or lingerie, and fashion jewelry. Our extensive range of international and local brands and designers such as Topshop, New look, Asos and Zara are literally at your fingertips. Our Mission is simple, the latest trends, hottest brands and best prices all delivered to your doorstep.At FASHPA Nigeria, we believe your online shopping experience should be fantastic and enjoyed as if you visited the best fashion store in Nigeria in person.This is why we have the latest collections and we remove all the stress and make sure you are able to receive your FASHPA order as quickly as possible - in major cities that's usually 1-3 working days. Enjoy free delivery in Lagos or a low shipping rate outside lagos with multiple payment options such as Pay Online, Bank Deposit and cash on delivery. Getting your fashion fix has never been easier and more secure.
  • Piggyvest — Piggyvest is a very secure online savings platform that makes saving possible by combining discipline plus flexibility to make you grow your savings.
  • FrontDesk — Frontdesk.ng helps you easily open a simple website or online shop, drive traffic and grow your business online.
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Leonard Stiegeler
Angel · Lagos, Lagos, Nigeria · 1 investments in Africa Fashion startups

Leonard Stiegeler is an entrepreneur & investor in projects unlocking potential. Educated in Europe, he founded companies across EMEA and is now investing globally. He is passionate to develop opportunities with & for others. The companies he co-founded include Jumia, now a leading eCommerce company in Africa and Pulse, now a leading mediacompany in Africa. His investments include Paystack, Flutterwave, Scalable Capital, Conversion and many more. Dedicated to creating trusted connections to enable potential, he founded two networks - Africa Collective, focused on elevating the continent's role globally, and Counder, focused on enabling visionary leaders embrace emerging trends & regions collectively.

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Investment focus

  • Industry: FinTech, Financial Services, B2B
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Nigeria, South Africa, United States

Investor stats

  • Total investments: 8
  • Round size: Seed $1.3M–$6M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Faro — Every garment deserves to be worn. Leveraging technology and a specialised supply chain, FARO enables brands to offload obsolete inventory through stores in non-core markets, ensuring complete traceability throughout the process.
  • Bamba — Today, organizations spend a lot of money on physical data gathering exercises using old-fashioned paper-based methods. These methods result in expensive, severely delayed and incomplete data . With Bamba, a client can launch a data collection exercise anywhere in the world simply from the comfort of their web browser and the client can ensureindividuals respond with complete answers by paying those individuals for that data with mobile airtime in 122 different countries thus far.
  • Finclusion Group — Enhancing financial inclusion in Sub-Saharan Africa through data driven lending.
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J.P. Morgan Asset Management
VC Fund · New York, New York, United States · 1 investments in Africa Fashion startups

J.P. Morgan Asset Management is an asset manager for individuals, advisors, and institutions. Their investment professionals are located around the world, providing strategies that span the full spectrum of asset classes. As one of the largest asset and wealth managers in the world, with assets under management of $1.7 trillion (as of December 31, 2014), they provide global market insights and a range of investment capabilities that few other firms can match.

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Private Equity, Series B, Series D
  • Geography: United States, India, Canada

Investor stats

  • Total investments: 53
  • Round size: Series B $19M–$105M; Series D $75M–$165M; Private Equity $50M–$200M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: Likely actively investing — fresh fund, raised $138M in 2026

Portfolio highlights

  • CCTC — Chaozhou Three-Circle (Group) Co., Ltd. (CCTC) was established in 1970. The company has been listed in Shenzhen Stock Exchange since 2014 (stock code: 300408). It is a comprehensive enterprise engaged in research and development, manufacturing and sales of electronic basic materials, electronic components and communication devices. Thecompany's products cover optical communications, electronics, electrical, machinery, energy conservation and environmental protection, new energy, biological and fashion applications. The company has been both awarded as “National High-tech Enterprise” and ranked top 10 among China’s top 100 electronic component enterprises for consecutive years. The main products are electronic components, semiconductor components, information and communication components and new energy components and system integration. Within these industries the sales volume of ceramic substrate for chip resistor and ceramic rod for resistor are one of the market leaders in the world.
  • Fruitist — Inspiring enjoyable and nutritious snacking with premium berries and cherries.
  • Korsana Biosciences — Korsana Biosciences develops THETA-enabled antibody therapies for neurodegenerative diseases. The company focuses on shuttled monoclonal antibodies that cross the blood-brain barrier to reach central nervous system targets. Its lead program, KRSA-028, is an investigational anti-amyloid beta antibody for Alzheimer’s disease that uses a transferrinreceptor-based shuttle and Fc engineering to improve brain delivery and dosing. Korsana is also advancing additional THETA-based programs for undisclosed neurodegenerative indications.
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Danis Group
VC Fund · Istanbul, Istanbul, Turkey · 1 investments in Africa Fashion startups

The Danış Group launched a new website to provide more information and better online service to its customers.

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Investment focus

  • Industry: Fashion, E-Commerce, Mobile Apps
  • Stage:Debt Financing

Investor stats

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

Portfolio highlights

  • Justyol — Justyol is a unique fashion e-commerce marketplace that bridges the gap between the Turkish fashion market and Mena markets.
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CDG Invest
VC Fund · Rabat, Rabat-Sale-Zemmour-Zaer, Morocco · 1 investments in Africa Fashion startups

CDG Invest is the investment branch of the CDG group. CDG Invest acts both as an investment manager for its own account following both financial and strategic logic, as well as as a fund manager for third parties. CDG Invest intervenes in various key sectors of the Moroccan economy: industry, agro-food, digital/digital, renewable energy, andterritorial PPP and with various segments of companies.

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Investment focus

  • Industry: Software, Apps, Financial Services
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Morocco, France, United Arab Emirates

Investor stats

  • Total investments: 54
  • Round size: Seed $306k–$4M; Pre-Seed $200k–$330k; Series A $10M–$19M
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • Klaim — Klaim is an InsureTech platform offering a SaaS medical claim management and financing platform all in one. They provide them with total visibility on their revenue cycle, increase their revenue through reduced claim processing time and errors, and faster payments.
  • Yakeey — Yakeey is an end-to-end transactional marketplace that radically simplifies the experience of buying, selling and renting real estate.We leverage on data and technology to connect all real estate market players through a state of the art platform, create a chain of trust and powerful network effects and accelerate transactions.Yakeey is builton a community of real estate advisors, YakeeyPRO, to deliver a continuous professional and tailored service at every step of the transaction.
  • MYCOPHYTO — Co-created in July 2016 by Justine LIPUMA, PhD in microbiology, and Christine PONCET-DOISE, Senior Research Engineer at INRA, MYCOPHYTO is the result of 30 years of experimentation in biological crop protection.
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Patricia Ithau
Angel · 1 investments in Africa Fashion startups

Patricia Ithau

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Investment focus

  • Industry: Beauty, Retail, Fashion
  • Stage:Seed, Pre-Seed
  • Geography: Kenya

Investor stats

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

Portfolio highlights

  • Shop Zetu — Shop the latest trendy fashion, beauty and accessory brands in Kenya online! Discover affordable clothing, footwear, accessories, beauty products and more. Order today from Shop Zetu.
  • Uncover — Dermatologist-tested K-Beauty formulas powered by African botanicals for melanin-rich skin. Shop SPF 50 sunscreen, serums & kits with free Kenya shipping.
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Access 48,091 investors

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

Browse database — It's Free!
Daniel Funk
Angel · 1 investments in Africa Fashion startups

Daniel Funk

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Investment focus

  • Industry: Retail, Fashion
  • Stage:Seed
  • Geography: South Africa

Investor stats

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

Portfolio highlights

  • Faro — Every garment deserves to be worn. Leveraging technology and a specialised supply chain, FARO enables brands to offload obsolete inventory through stores in non-core markets, ensuring complete traceability throughout the process.
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Umoja Rubber Products
VC Fund · 1 investments in Africa Fashion startups

Umoja Rubber Products is an investment Firm.

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Investment focus

  • Industry: Shoes, Sports, Fashion
  • Stage:Seed
  • Geography: Kenya

Investor stats

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

Portfolio highlights

  • Enda Sportswear — Kenyan running shoes that reward a natural midfoot landing and match the way runners train. Proudly made in Kenya and certified Climate Neutral. The most socially conscious running shoes in the world.
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Oliver Merkel
Angel · Berlin, Berlin, Germany · 1 investments in Africa Fashion startups

Oliver Merkel is the Co-Founder of Flink Food.

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Investment focus

  • Industry: Retail, Fashion, Banking
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Germany, South Africa, United States

Investor stats

  • Total investments: 6
  • Round size: Seed $6M–$9.8M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Faro — Every garment deserves to be worn. Leveraging technology and a specialised supply chain, FARO enables brands to offload obsolete inventory through stores in non-core markets, ensuring complete traceability throughout the process.
  • NutriUnited —
  • Augustus — Dollar and euro accounts for global fintechs and banks.
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Thescathcompanies
VC Fund · Kaduna, Kaduna, Nigeria · 1 investments in Africa Fashion startups

Thescathcompanies (TSC) is a tech-enabled hybrid Venture capital firm dedicated to uncovering and nurturing talent and potentials across multiple verticals within emerging, underrepresented & underserved regions in Africa leveraging our diverse expertise to expand the footprint of Venture Capital to other sectors in a bid to fully harness thecapabilities and advance our mission of creating a more streamlined & structured pipeline in other verticals in order to maximize such sectors’ potential.

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Investment focus

  • Industry: Consulting, B2B, Gift
  • Stage:Pre-Seed
  • Geography: Nigeria

Investor stats

  • Total investments: 13
  • Lead/follow: 31% lead, 69% follow

Portfolio highlights

  • Shopyetu — Shopyetu provides a shopping solution for high fashion thrifted pieces, handpicked and listed on their blockchain enabled online store.
  • Phonecasecity — Phonecasecity provides a seamless solution for purchasing high end, iPhone cases built on the blockchain network.
  • Theagrotrader — Providing agri-tech solutions that connect buyers & sellers of agro commodities while serving as a point of cash security & offering agro sponsorship.
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Standard Chartered Women in Technology
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in Africa Fashion startups, 6 in the past 12 months

A Startup #incubator located at @iLabAfrica in Strathmore University. We help budding entrepreneurs find a conducive working space,mentorship and seed funding.

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Investment focus

  • Industry: Health Care, Information Technology, E-Commerce
  • Stage:Seed, Grant, Pre-Seed
  • Geography: Kenya, Ghana

Investor stats

  • Total investments: 27
  • Round size: Seed $9k–$10k; Grant $9.7k–$121k
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • Tuwe Bora — Tuwebora, we do more than just make clothing—we're building futures and revolutionizing the global fashion industry.
  • Timao Group — Timao Group manufactures durable plastic fencing posts and interlocking blocks from recycled waste, delivering strong, eco-friendly solutions for construction.
  • POLLEN PATROLLERS — Pollen Patrollers' mission is to combat bee colony collapse and enhance food security by providing innovative smart hive solutions and precision pollination services. Pollen Patrollers is a startup that leverages advanced technology.
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Apar Investments
VC Fund · Singapore, Central Region, Singapore · 1 investments in Africa Fashion startups

Capital Markets, Real Estate, Wealth Management

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Investment focus

  • Industry: Beauty, Fashion, Internet
  • Stage:Seed, Venture - Series Unknown
  • Geography: India, South Africa

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Poosh Secret — Poosh Secret is a pioneering lifestyle platform, built around exclusive original content and curation of latest emerging fashion talents across the globe to iconic Maisons de couture. Poosh Secret is modeling a path towards a new establishment where the intersection of creativity, content, and commerce is dared and celebrated. Offering superiorproducts & services, sustainability, catering to various price points, affordability, exclusivity, individualization, inclusivity, demystifying luxury, anticipating and creating trends and body positivity. We exist to give you the confidence to be whoever and whatever you want to be.
  • 1908 e-ventures — 1908 E-Ventures runs an online platform and community called Sublime Life that connects and accesses ethical, sustainable, and clean brands
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MAGIC Global Accelerator
VC Fund · Kuala Lumpur, Kuala Lumpur, Malaysia · 1 investments in Africa Fashion startups

MAGIC Global Accelerator is an online programme to accelerate local and international startups from all over the world, with an interest to expand their business in the ASEAN region, to be investment-ready in 3 months. GAP online also aims to build a strong ASEAN startup community by cultivating ASEAN relationships

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Investment focus

  • Industry: Fashion, Lifestyle, E-Commerce
  • Stage:Seed
  • Geography: Kenya

Investor stats

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

Portfolio highlights

  • Ethnic Brand — The Ethnic Brand is a virtual factory connects marginalized artisans living in slums across sub-saharan Africa to the global fashion brands .Using mobile phones and a USSD platform, artisans are able receive work from fashion brands and they work remotely to fulfill orders.Ethnic's goal is to offer manufacturing as a service andcompletely mitigate the need for building physical factories for the fashion industry which happen to be the biggest sources of environmental pollution.
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Eastate
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Africa Fashion startups

Stockholm-based family office and investment holding company. Investing with a long-term perspective across asset management, real estate, hospitality and

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Investment focus

  • Industry: Apps, Mobile, E-Commerce
  • Stage:Venture - Series Unknown, Seed, Series A
  • Geography: Sweden, Ireland, Morocco

Investor stats

  • Total investments: 5
  • Round size: Venture - Series Unknown $352k–$1M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Squid — --The arts are a manifestation of our emotions --
  • Babaliste — Babaliste is a mobile flea market that enables individuals to buy and sell clothing, accessories, electronics, and home furnishing.
  • DIB Travel — Business Travel Management Software - Easily manage your corporate travels by booking hotel, flight and train all in one place. DIB Travel
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Ben Munoz
Angel · Austin, Texas, United States · 1 investments in Africa Fashion startups

I am an e-commerce entrepreneur, social entrepreneur, and patient advocate.NADINE WEST CLOTHING SUBSCRIPTION Nadine West is Stitch Fix for the Everyday Woman. Nadine West sends every customer an individually curated, affordable, surprise outfit every month. Customers keep what they love and return what they don't. Nadine West is now the #1rated fashion box for women: http://boxes.mysubscriptionaddiction.com/box/nadine-westBENSFRIENDS PATIENT COMMUNITIES (501c3) In 2007, after I survived a near-fatal brain hemorrhage, my friend Scott Orn and I started BensFriends.org, a healthcare non-profit that provides patient-to-patient support communities for people with by rare diseases. Our first month (Dec 2007), Ben's Friend Patient Communities helped 100 patients. 10 years later, our communities help 100,000+ patients per month in need of support. Read about us on Forbes via the article "Community is the Best Medicine" below or at http://onforb.es/1fAnCzeBEFORE NADINE WEST Before Nadine West, I was a medical student at Baylor College of Medicine in Houston, TX. I also have an MBA from Kellogg and worked as a software engineer for 6 years.

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Investment focus

  • Industry: Fashion, E-Commerce, Information Services
  • Stage:Pre-Seed
  • Geography: Kenya

Investor stats

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

Portfolio highlights

  • Shop Zetu — Shop the latest trendy fashion, beauty and accessory brands in Kenya online! Discover affordable clothing, footwear, accessories, beauty products and more. Order today from Shop Zetu.
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FJ Labs
VC Fund · New York, New York, United States · 1 investments in Africa Fashion startups

FJ Labs is a stage-agnostic investment firm that focuses on marketplaces and consumer facing startups.

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Investment focus

  • Industry: Software, E-Commerce, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Kingdom, Brazil

Investor stats

  • Total investments: 1805
  • Round size: Seed $1.2M–$9.8M; Series A $5M–$30M; Series B $10M–$65M
  • Lead/follow: 3% lead, 97% follow
  • Last fund: May invest from a new fund soon — raised $5.5M in 2016

Portfolio highlights

  • HUNTY — HUNTY is a platform that help people find jobs by connecting them with world class mentors who prepare them for the job search process. And people only pay when they get hired.
  • Causa Prima — Causa Prima develops software to help finance teams handle both sides of every transaction on one network. The company's AI agents handle invoicing, disputes, and discounts on behalf of clients. It provides a network for the financial operations of businesses.
  • Goodweek — The AI management platform that gives partners and businesses one secure place for every AI model.
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Presight Capital
VC Fund · Los Angeles, California, United States · 1 investments in Africa Fashion startups

A simple static landing page for Presight Capital.

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Investment focus

  • Industry: Biotechnology, Health Care, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Kingdom, Germany

Investor stats

  • Total investments: 144
  • Round size: Seed $2M–$10M; Series A $10M–$70M; Series B $11M–$125M
  • Lead/follow: 11% lead, 89% follow
  • Last fund: May invest from a new fund soon — raised $400M in 2021

Portfolio highlights

  • Tern Group — Tern Group is an AI Platform to hire and relocate top healthcare talents globally, faster and cheaper. TERN is a full-stack solution to source and relocate top-tier medical and engineering talent from India, North Africa, South Africa, and Central Asia and the approach ensures a seamless, ethical, and transparent migration process, drasticallycutting complexity and shaving costs for healthcare systems.
  • Peptilogics — Peptilogics is a biotechnology platform company that develops best-in-class novel peptide drugs for unmet medical needs using its proprietary computational discovery platform.
  • Alloy Therapeutics — Alloy Therapeutics empowers scientists with access to pre-competitive biologics drug discovery technologies and services across 6 modalities
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Ventures Platform
VC Fund · Abuja, Federal Capital Territory, Nigeria · 1 investments in Africa Fashion startups

We back founders building the future of Africa. We invest in companies that solve for non-consumption, plug infrastructural gaps and democratise prosperity in Africa, by eliminating the barriers for access and reducing the costs of delivering goods and services.

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Investment focus

  • Industry: Financial Services, FinTech, Internet
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 173
  • Round size: Seed $100k–$4M; Pre-Seed $100k–$2M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: Likely actively investing — fresh fund, raised $84M in 2025

Portfolio highlights

  • Myka.Insure — Myka is a insurance sales platform that enables individuals to sell insurance policies to their family, friends, colleagues, and community while earning income . It operates as a micro-entrepreneurship program where anyone (students, gadget sellers, car dealers, parents, retirees) can start their own insurance business with zero investment,flexible hours, and free training . The company is licensed by the National Insurance Commission of Nigeria and provides instant payouts to its partners .
  • Cybervergent — Start with your industry and see how Cybervergent delivers Digital Trust, from posture to proof, written for your context.
  • Traction Apps — Traction apps provide businesses end to end tools they need to run and grow their businesses.
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Aruwa Capital
VC Fund · Lagos, Lagos, Nigeria · 1 investments in Africa Fashion startups

Aruwa Capital Management is a Lagos-based, female-founded and led growth equity impact fund.

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Investment focus

  • Industry: Health Care, Retail, FinTech
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: Nigeria, United States, France

Investor stats

  • Total investments: 23
  • Round size: Seed $100k–$3M; Series A $11M–$20M; Venture - Series Unknown $1.5M–$2M
  • Lead/follow: 78% lead, 22% follow
  • Last fund: Likely actively investing — fresh fund, raised $35M in 2025

Portfolio highlights

  • Koolboks — Koolboks: solar-powered, financially accessible fridges with an integrated pay-as-you-go platform dedicated to making cooling accessible to all of Sub-Saharan Africa. Get a Koolboks refrigerator for as little as 25k Naira down payment today!
  • Sika — Sika Box offers a comprehensive solution for global payment processing, focusing on bridging the payment divide between global enterprises and emerging markets. Utilizing blockchain and modern technologies, Sika Box re-engineers the payment process from customer acquisition to settlement. The platform enables merchants to offer alternate and localpayment options, facilitating seamless transactions. With a unified payment infrastructure named STASH, Sika Box allows merchants to consolidate payments from across the globe through a single payment gateway integration, simplifying the global commerce landscape for businesses.
  • Yikodeen — Yikodeen is a well-known and established footwear manufacturing company.
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Teranga Capital
VC Fund · Dakar, Dakar, Senegal · 1 investments in Africa Fashion startups

Faced with the financing difficulties often encountered by Senegalese small and medium-sized enterprises, TERANGA CAPITAL aims to provide an innovative financing solution specifically designed to meet the needs of SMEs . TERANGA CAPITAL is aimed at SMEs with high growth potential from all sectors and regions of Senegal, whose financing needsare between 50 and 200 million FCFA . TERANGA CAPITAL strengthens its equity and becomes a minority shareholder of SMEs over a time horizon of around 5 years, and ensures active and personalized support according to the specific needs of each company in the portfolio. Accompanied companies aim to be supported in formalizing their management, strengthening their organization, increasing their skills and accelerating their commercial development.

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Investment focus

  • Industry: Logistics, AgTech, Farming
  • Stage:Seed, Pre-Seed
  • Geography: Senegal

Investor stats

  • Total investments: 24
  • Round size: Seed $64k–$1M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Fruitales — Fruitales is the manufacturer of consumer goods made from fruit and vegetables, mainly fresh chilies.
  • Solarbox — Solarbox is a developer of electric three-wheelers for last-mile logistics. The company's vehicles offer sustainable design, assembly, charging, and battery swapping methods, as well as a heavy load carriage system.
  • Ibriz — Ibriz manufactures solar water irrigation systems to support small scale farmers.
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Launch Africa
VC Fund · Ebène, Plaines Wilhems, Mauritius · 1 investments in Africa Fashion startups, 6 in the past 12 months

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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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Nigeria, South Africa, United States

Investor stats

  • Total investments: 218
  • Round size: Seed $200k–$4M; Pre-Seed $200k–$1.8M; Venture - Series Unknown $200k–$500k
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Zazu — Manza is an all-in-one financial platform for African SMEs, helping businesses manage payments, automate cash flow, and access real-time financial insights from one simple dashboard.
  • Fincart — Fincart is a leading shipping platform in Egypt, connecting your business with top courier services, automating operations, and helping you scale your eCommerce logistics.
  • Udu Technologies — Explore GPU cloud and hardware through AGH Cloud, UduTech's flagship product, and AI advisory for teams in the United States, Africa, the Caribbean and beyond.
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Chui Ventures
VC Fund · Delaware, Ohio, United States · 1 investments in Africa Fashion startups

Investing in Africa | Chui Ventures is an investment company that seeks to back exceptional African companies at the early stage of their growth.

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Investment focus

  • Industry: Retail, FinTech, E-Commerce
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Nigeria, Kenya, United States

Investor stats

  • Total investments: 12
  • Round size: Seed $250k–$5M; Pre-Seed $1M–$3M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: Likely actively investing — fresh fund, raised $17M in 2025

Portfolio highlights

  • PaidHR — PaidHR helps organizations manage their global employee life-cycle with an all-in-one people management software. Request a demo to see how PaidHR can help you scale your HR operations today.
  • Socium — Socium these are companies that recruit and offer real career opportunities to all those who share their values ​​and wish to invest in their development.
  • Tuteria — Get Home Tutoring Matched to Your Child's Needs. Prepare for IELTS, Common Entrance, IGCSE, GRE & JAMB. Book Lessons in 150+ Subjects Including Music, Coding & Languages.
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Sumit Bhasin
Angel · 1 investments in Africa Fashion startups

Sumit Bhasin is the Senior Vice President, Innovation, Product Development, Corp R&D at The Estée Lauder Companies Inc.

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Investment focus

  • Industry: Fashion, E-Commerce, Information Services
  • Stage:Pre-Seed
  • Geography: Kenya

Investor stats

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

Portfolio highlights

  • Shop Zetu — Shop the latest trendy fashion, beauty and accessory brands in Kenya online! Discover affordable clothing, footwear, accessories, beauty products and more. Order today from Shop Zetu.
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RiverPark Ventures
VC Fund · New York, New York, United States · 1 investments in Africa Fashion startups

RiverPark Ventures is an early stage venture capital fund, founded by entrepreneurs to invest in entrepreneurs. RiverPark Ventures is part of the RiverPark family of funds, a multi-strategy portfolio management firm. RiverPark Funds collectively manage over $3 billion in assets.

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Investment focus

  • Industry: Software, E-Commerce, SaaS
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 291
  • Round size: Seed $1M–$6.5M; Series A $5M–$22M; Series B $10M–$63M
  • Lead/follow: 4% lead, 96% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Slate Milk — Slate is a line of delicious, lower sugar, higher protein, lactose free chocolate milks and lattes for healthy-minded people.
  • System Labs — System is a modern longevity and preventative care platform that delivers science-backed treatments and support - entirely online. From hormone health to metabolism, we help you take control of your long-term wellness with expert-led care and convenient delivery.
  • Hike Medical — Transform foot health with Hike Medical. Our custom insoles and cutting-edge solutions are designed for on-feet workers, enhancing comfort, mobility, and overall well-being.
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Future Africa
VC Fund · San Francisco, California, United States · 1 investments in Africa Fashion startups

Future Africa is a collective of mission-driven founders and funders building unicorns to solve Africa’s biggest challenges. They are build a future where purpose and prosperity are within everyone’s reach.

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 92
  • Round size: Seed $500k–$4M; Pre-Seed $100k–$3.7M; Series A $7M–$40M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • STEM Cafe — STEMCafe by RVRB is a fun out of school learning centre for kids
  • Juicyway — Juicyway moves money across borders for people and businesses. Send, receive, hold, and exchange multiple currencies from one account. | NG
  • 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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216 Capital
VC Fund · Tunis, Tunis, Tunisia · 1 investments in Africa Fashion startups

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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Investment focus

  • Industry: B2B, SaaS, Software
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Tunisia, France, United States

Investor stats

  • Total investments: 27
  • Round size: Seed $209k–$1.5M; Pre-Seed $161k–$1M
  • Lead/follow: 59% lead, 41% follow
  • Last fund: Likely still investing — raised $9.6M in 2022

Portfolio highlights

  • Eyst Technology — EYST provides a technological solution against insurance fraud. The company is based in Puteaux, France.
  • MONSAPO — Monsapo is a cleantech innovator transforming used cooking oil into biodegradable cleaning products through AI-powered technology. Our solution integrates seamlessly into business operations, promoting a circular economy and reducing environmental impact. We offer a subscription service for ongoing maintenance and supply, ensuring efficiency andsustainability. With a focus on eco-friendly waste management, Monsapo helps businesses lower costs, reduce waste, and contribute to a greener future.
  • Robocare — RoboCare promotes sustainable agriculture by combining spectral technology and artificial intelligence (AI). Precision agricultural services include crop monitoring, stress mitigation, plant requirements control, increased land efficiency, and pesticide optimization.
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Miarakap
VC Fund · Antananarivo, Antananarivo, Madagascar · 1 investments in Africa Fashion startups

Miarakap is the first impact investment company dedicated to financing and supporting Small and Medium Enterprises with high potential in Madagascar.

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Investment focus

  • Industry: Food and Beverage, Farming, Agriculture
  • Stage:Seed, Venture - Series Unknown
  • Geography: Madagascar, France

Investor stats

  • Total investments: 12
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • OKALOU — OKALOU is an event services company that specializes in leisure, entertainment and events for children, young people and adults.
  • EXA — EXA produces insect-based proteins and products to combat malnutrition, support communities, and promote environmental resilience
  • Laiterie Maminiaina — Laiterie Maminiaina is a company that specializes in the production and distribution of dairy products.
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Resilience17
VC Fund · Lagos, Lagos, Nigeria · 1 investments in Africa Fashion startups

A testament to the continent's unyielding spirit, and a crucible where ambitious ideas are forged into reality through code, capital, and conviction.

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Investment focus

  • Industry: FinTech, Financial Services, Payments
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 53
  • Round size: Seed $1.2M–$12M; Pre-Seed $100k–$3M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • Vatar — Vatar is building safety infrastructure for Africa — a small device and on-device AI (Ogbon) that turns the CCTV cameras a home or business already owns into intelligent systems that understand what's happening, act on it in real time, and dispatch help when it matters.
  • Lagos Life — Lagos Life a massively popular browser-based life-simulation game modeled after Nigeria's commercial capital. Within nine days of launch, the game attracted over 4.7 million players, featuring fully simulated career tracks, social hubs, local virtual economies, and real-time multiplayer functionality directly inside web browsers.
  • Aeon Cyber Defense — Aeon is a cybersecurity company focused on securing cloud, code, runtime, and AI environments,Aeon platform appears to help organizations identify and manage security risks across modern, cloud-native technology stacks.AeonSec positions itself around integrated security visibility and protection for rapidly evolving software and AI infrastructure
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VentureSouq
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in Africa Fashion startups

VentureSouq (VSQ) is a MENA-based venture capital fund manager with a global portfolio. VSQ manages thematic funds, with a current focus on FinTech and ClimateTech.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Arab Emirates, Saudi Arabia

Investor stats

  • Total investments: 222
  • Round size: Seed $225k–$9M; Series A $6M–$37M; Series B $300k–$50M
  • Lead/follow: 12% lead, 88% follow
  • Last fund: Likely still investing — raised $50M in 2021

Portfolio highlights

  • Orbii AI — Our AI enriches & analyses borrower data, helping you make credit decisions in minutes. Accelerate your business loan Underwriting decisons.
  • Siin — E-commerce Marketplace
  • MilkStraw AI — Saving companies up to 75% on AWS
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Kendall Tang
Angel · Pointe Aux Sables, Black River, Mauritius · 1 investments in Africa Fashion startups

Kendall Tang is the CEO of RT Knits. He attended HEI - Advanced Engineering Studies.

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Investment focus

  • Industry: Fashion, E-Commerce, Information Services
  • Stage:Pre-Seed
  • Geography: Kenya

Investor stats

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

Portfolio highlights

  • Shop Zetu — Shop the latest trendy fashion, beauty and accessory brands in Kenya online! Discover affordable clothing, footwear, accessories, beauty products and more. Order today from Shop Zetu.
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Thinkroom Consulting
VC Fund · Cape Town, NA - South Africa, South Africa · 1 investments in Africa Fashion startups

At Thinkroom we collaborate with big business and development organisations alike, to enable impact to entrepreneurs and SMEs across the African continent. We have navigated Africa’s diverse landscape and have engineered reliable relationships with entrepreneurial innovators across Africa.Our goal is to connect big business with trailblazingAfrican SMEs, train and enhance those entrepreneurs to unlock their full potential, and then use our extensive networks and relationships to skyrocket the SMEs into the market.

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Investment focus

  • Industry: Fashion
  • Stage:Seed
  • Geography: South Africa

Investor stats

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

Portfolio highlights

  • Kloset Klub — South Africa's 1st video-based resale fashion platform. Discover affordable second-hand clothes on WISI-Oi. Buy or sell effortlessly with ease!
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Mato Perić
Angel · London, England, United Kingdom · 1 investments in Africa Fashion startups

Mato invests in technology companies globally. His portfolio companies have raised over US$ 5 billion in capital, employ >15,000 people and have operations in 35 countries across six continents.

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Investment focus

  • Industry: Financial Services, FinTech, E-Commerce
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Germany, India, United Kingdom

Investor stats

  • Total investments: 55
  • Round size: Seed $2M–$10M; Pre-Seed $3M–$6M; Series A $8M–$100M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Faro — Every garment deserves to be worn. Leveraging technology and a specialised supply chain, FARO enables brands to offload obsolete inventory through stores in non-core markets, ensuring complete traceability throughout the process.
  • Tern Group — Tern Group is an AI Platform to hire and relocate top healthcare talents globally, faster and cheaper. TERN is a full-stack solution to source and relocate top-tier medical and engineering talent from India, North Africa, South Africa, and Central Asia and the approach ensures a seamless, ethical, and transparent migration process, drasticallycutting complexity and shaving costs for healthcare systems.
  • Bamba — Today, organizations spend a lot of money on physical data gathering exercises using old-fashioned paper-based methods. These methods result in expensive, severely delayed and incomplete data . With Bamba, a client can launch a data collection exercise anywhere in the world simply from the comfort of their web browser and the client can ensureindividuals respond with complete answers by paying those individuals for that data with mobile airtime in 122 different countries thus far.
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Peter Njonjo
Angel · 1 investments in Africa Fashion startups

Peter Njonjo is the current CEO and Co-founder of Twiga Foods. He previously worked at Coca-Cola West Africa as a President. Peter Njonjo attended Harvard Business School.

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Investment focus

  • Industry: Fashion, Software, E-Commerce
  • Stage:Pre-Seed
  • Geography: Kenya, United States

Investor stats

  • Total investments: 2
  • Round size: Pre-Seed $1M–$3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Leta — Leta Technology is a software development company that creates supply chain and logistics software to enable the efficient and automated movement of goods.
  • Shop Zetu — Shop the latest trendy fashion, beauty and accessory brands in Kenya online! Discover affordable clothing, footwear, accessories, beauty products and more. Order today from Shop Zetu.
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Frank Smit
Angel · 1 investments in Africa Fashion startups

Frank Smit, an early-stage investor and startup mentor with experience in B2B software.

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Investment focus

  • Industry: Fashion
  • Stage:Seed
  • Geography: South Africa

Investor stats

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

Portfolio highlights

  • Kloset Klub — South Africa's 1st video-based resale fashion platform. Discover affordable second-hand clothes on WISI-Oi. Buy or sell effortlessly with ease!
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Roselake Ventures
VC Fund · Wan Chai, Hong Kong Island, Hong Kong · 1 investments in Africa Fashion startups

An early-stage venture fund, Roselake invests in tech companies in emerging markets across Africa and Asia.

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Investment focus

  • Industry: Logistics, SaaS, Fashion
  • Stage:Pre-Seed, Seed
  • Geography: Kenya, Nigeria, Pakistan

Investor stats

  • Total investments: 9
  • Round size: Seed $1.2M–$2M; Pre-Seed $200k–$1M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Shop Zetu — Shop the latest trendy fashion, beauty and accessory brands in Kenya online! Discover affordable clothing, footwear, accessories, beauty products and more. Order today from Shop Zetu.
  • Swag Kicks — Guaranteed Original Sneakers, Trainers and Casual Shoes. Easy Return & Exchange.
  • Treepz — Treepz is using technology to help people move efficiently in Africa. Be it for daily, inter-city or corporate commutes, users can book predictable, reliable and comfortable trips through a world-class, demand-responsive app all at the tap of a button.Treepz was founded in 2019 and operates in 4 African countries including Nigeria, Ghana, Ugandaand Kenya. It is headquartered in Ontario, Canada.
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Ingressive Capital
VC Fund · Lagos, Lagos, Nigeria · 1 investments in Africa Fashion startups

Ingressive Capital is a renowned $50M Pan-African Venture Capital Fund that invests in indigenous founders and startups across Africa, with focus on Egypt, Ghana, Kenya, Morocco, and Nigeria. Specializing in early-stage investments, particularly Pre-Seed and Seed stages, it targets technology companies led by top-tier talent driving transformativegrowth in Africa's GDP. The firm's thesis focuses on B2C solutions that cater to the explosive growth within the tech-enabled, decentralized-learning youth demographic, as well as B2B solutions that increase Africa’s value chain ownership from resource extraction to end-product sale. Its goal is to become becoming a highly valuable VC partner on the founders' cap tables, and being at the forefront of supporting and enabling entrepreneurial success across Africa.

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Nigeria, United States, Egypt

Investor stats

  • Total investments: 78
  • Round size: Seed $600k–$3.7M; Pre-Seed $25k–$2M; Series A $500k–$15M
  • Lead/follow: 15% lead, 85% follow
  • Last fund: Likely still investing — raised $50M in 2023

Portfolio highlights

  • SehaTech — Welcome to SehaTech, the groundbreaking company revolutionizing the health insurance market with our innovative solutions!
  • Chat Cash — Turn conversations into commerce. The unified operating system for payments, inventory, and AI sales on WhatsApp & USSD.
  • REasy — Top up locally, pay suppliers globally, and manage international shipments with REasy. Fast, secure, and designed for African businesses expanding worldwide.
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Logos Ventures
VC Fund · 1 investments in Africa Fashion startups

Logos Ventures is a venture capital investment firm.

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Investment focus

  • Industry: Financial Services, B2B, Fashion
  • Stage:Seed, Pre-Seed
  • Geography: Kenya, Nigeria, United States

Investor stats

  • Total investments: 8
  • Round size: Seed $1.7M–$4.5M; Pre-Seed $750k–$1M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Chargel — Chargel is a freight brokerage platform that connects shippers and carriers with available loads.
  • Shop Zetu — Shop the latest trendy fashion, beauty and accessory brands in Kenya online! Discover affordable clothing, footwear, accessories, beauty products and more. Order today from Shop Zetu.
  • Jumba — Jumba is the trusted digital partner for hardware stores. Through tech, we support hardware stores to grow. Run your hardware business with Jumba OS. Build your financial record. Access the credit you need to grow.
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Mizizi Africa Consumer Holdings
VC Fund · New York, New York, United States · 1 investments in Africa Fashion startups

A world-class house of African-inspired lifestyle brands

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Investment focus

  • Industry: E-Commerce, Shoes, Retail
  • Stage:Seed
  • Geography: Kenya, Canada

Investor stats

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

Portfolio highlights

  • Bôhten Eyewear — Bôhten Eyewear is a manufacturer of eyewear products. They intended to provide designer prescription eyewear and sunglasses. They offer eyeglasses, sunglasses, lenses, blue-light-filter lenses, and 3D virtual try-on, enabling customers to optimize their viewing experience.
  • Enda Sportswear — Kenyan running shoes that reward a natural midfoot landing and match the way runners train. Proudly made in Kenya and certified Climate Neutral. The most socially conscious running shoes in the world.
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Jean-Paul Zammitt
Angel · London, England, United Kingdom · 1 investments in Africa Fashion startups

Jean-Paul Zammitt

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Investment focus

  • Industry: Retail, Fashion
  • Stage:Seed
  • Geography: South Africa

Investor stats

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

Portfolio highlights

  • Faro — Every garment deserves to be worn. Leveraging technology and a specialised supply chain, FARO enables brands to offload obsolete inventory through stores in non-core markets, ensuring complete traceability throughout the process.
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Microtraction
VC Fund · Lagos, Lagos, Nigeria · 1 investments in Africa Fashion startups

We invest in Africa's most remarkable teams with technical founders at the earliest stage of their venture

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Nigeria, United States, Ghana

Investor stats

  • Total investments: 106
  • Round size: Seed $30k–$1.3M; Angel $30k–$50k; Pre-Seed $50k–$1.1M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: Likely still investing — raised $15M in 2022

Portfolio highlights

  • Growwr — Tell Growwr who you need. Our AI hiring agent finds relevant talent, evaluates candidates, and helps you move from hiring brief to interview.
  • Paycrest — Unifying fiat and stablecoin payments globally, with speed, transparency, and built-in compliance.
  • Cr3dentials — Cr3dentials lets neobanks offer credit inside their app. We handle income verification, underwriting, capital, and collections. You keep the customer.
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Tushar Ahluwalia
Angel · 1 investments in Africa Fashion startups

Tushar Ahluwalia is based out of Germany and is the CEO and Co-Founder of GeneralMind. Tushar previously worked at Razor Group as a Co-CEO and Co-Founder. Tushar Ahluwalia attended London Business School.

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Investment focus

  • Industry: Retail, InsurTech, Insurance
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Germany, Mexico, South Africa

Investor stats

  • Total investments: 7
  • Round size: Seed $6M–$50M; Pre-Seed $3.4M–$6.2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • NUMOS — NUMOS is an insurance tech platform.
  • Xaver — Xaver enables Financial Institutions to close Europe’s pension gap. By offering an advanced AI-driven B2B platform for life insurance and private pension sales, Xaver enhances the operational and sales efficiency of banks, insurers, and brokers by up to 65% and introduces a new era of white-labeled private pension products.With a leadership teamof experienced industry veterans - Max Bachem, Ole Breulmann, and Dr. Björn Holste - and backing from leading VC funds and a prominent group of former financial institution executives, fintech pioneers, and unicorn founders, Xaver is dedicated to improving the pension situation of Europeans through their B2B offering.
  • Faro — Every garment deserves to be worn. Leveraging technology and a specialised supply chain, FARO enables brands to offload obsolete inventory through stores in non-core markets, ensuring complete traceability throughout the process.
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Talanton
VC Fund · Newtown Square, Pennsylvania, United States · 1 investments in Africa Fashion startups

Talanton helps you combat poverty in developing countries by creating jobs. You can free those in poverty by coming alongside them through investments in growth-stage businesses.

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Investment focus

  • Industry: Shoes, Retail, Sports
  • Stage:Series A, Debt Financing, Seed
  • Geography: Kenya

Investor stats

  • Total investments: 6
  • Round size: Series A $1.1M–$23M; Debt Financing $3M–$5M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Pezesha — Digital Financial Ecosystem for connecting MSMEs to Capital.
  • ARC Ride — Affordable, reliable and clean e-mobility solutions for rapidly growing African cities.
  • MoKo Home + Living — MoKo Home is your plug for Modern Sofas, Quality Mattresses, Beds & affordable home furniture in Kenya. Order furniture online and we deliver
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SPEAR Capital
VC Fund · Cape Town, NA - South Africa, South Africa · 1 investments in Africa Fashion startups

SPEAR Capital provide a balance of Scandinavian and African heritage and hold complimentary skills and experience across different industries. They provide partnerships that leverage Scandinavian business ethics/culture and local African knowledge to grow successful businesses. SPEAR provides growth capital to SMEs focused on fast movingconsumer goods (FMCG) and local production in a few carefully selected countries. The engagement of DFIs and institutional investors ensures that ESG issues are the value drivers. We are located in Cape Town, Harare and Oslo.

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Investment focus

  • Industry: Manufacturing, Food and Beverage, Fashion
  • Stage:Venture - Series Unknown, Private Equity, Series A
  • Geography: Zimbabwe, Malawi, South Africa

Investor stats

  • Total investments: 7
  • Lead/follow: 57% lead, 43% follow

Portfolio highlights

  • Arkay Plastics — Arkay Plastics are manufacturers of plastic items.
  • Efoods Zimbabwe — Efoods Zimbabwe produces the standard packets and spices for the fast food and catering industry.
  • Associated Foods Zimbabwe — Associated Foods Zimbabwe is a food manufacturer and distributor of quality Spreads, Canned Products, Preserves, and Snack Foods in Zimbabwe.
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Farfetch
VC Fund · London, England, United Kingdom · 1 investments in Africa Fashion startups

Farfetch operates an e-commerce website that unites various independent fashion boutiques. It offers bags, coats, dresses, jackets, jewellery, swimwear, trouser, shoes, knitwear, suits, shorts, and accessories. They operate a modular end-to-end technology platform purpose built to connect the luxury fashion ecosystem worldwide. Their vision wasto create a single operating system that could address the complex demands of consumers and luxury sellers alike. Their platform is built on an API-enabled proprietary technology stack, which provides the foundation for the three main components: applications, services and data. Farfetch serves women, men, and kids. Jose Neves founded the company in 2008, with its headquarters in London, United Kingdom.

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Investment focus

  • Industry: Fashion, Blockchain, E-Commerce
  • Stage:Pre-Seed, Seed, Corporate Round
  • Geography: United States, United Kingdom, Spain

Investor stats

  • Total investments: 36
  • Round size: Seed $35k–$4.9M; Pre-Seed $100k–$200k; Corporate Round $200M–$200M
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • Decommerce — Decommerce is community software that allows brands to create communities on their websites or landing pages.
  • Nettle Labs — Nettle is a decentralised payment solution that rewards consumers and businesses for going Net Zero. Nettle makes it easy to take crypto payments globally, reward customers and reduce your CO2e emissions, all in one place.
  • Numbers Protocol — Explore Numbers Protocol, a leader in blockchain-driven digital media authenticity aligned with C2PA standards. Join our robust platform to secure and verify digital content through advanced blockchain technology.
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Garage Capital
VC Fund · Waterloo, Ontario, Canada · 1 investments in Africa Fashion startups, 23 in the past 12 months

Built by founders, for founders. Garage Capital helps best-in-class companies jump from garage to growth.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Canada, United States, Israel

Investor stats

  • Total investments: 146
  • Round size: Seed $2M–$7.5M; Pre-Seed $765k–$3.6M; Series A $7.7M–$50M
  • Lead/follow: 9% lead, 91% follow
  • Last fund: May invest from a new fund soon — last raise in 2017

Portfolio highlights

  • Astrus — Astrus fully automates analog layout using AI without disrupting your workflow.
  • Hestus — Hestus is an AI copilot inside Autodesk Fusion. It understands your design intent as you sketch and finishes the constraints, dimensions and cleanup, one keystroke at a time.
  • Daedal Systems — Daedal Systems delivers instrumentation integration and contract development services for the clean tech nuclear sector. The company focuses on fusion energy and small modular reactor projects that require specialized plasma and reactor diagnostics. Its teams design and integrate diagnostic suites that provide parametric, temporal, and spatial coverage of plasma behavior to support measurement and validation. Offerings include neutron-hardened instrumentation, temperature sensing, and coolant analysis tailored for next-generation nuclear systems. Daedal Systems supports reactor developers by acting as an outsourced partner for diagnostics architecture so customers can concentrate on core power plant systems. The company also provides neutronics modeling and engineering services for both fission and fusion hardware design.
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Vikram Chopra
Angel · Gurgaon, Haryana, India · 1 investments in Africa Fashion startups

Vikram Chopra is the Co-Founder and Chief Executive Officer of CARS24. He is a former Co-FOunder of FabFurnish and Investment Analyst of Sequoia Capital and was Business Analyst at McKinsey & Company.Mr. Chopra received a BTech and MTech in Engineering at Indian Institute of Technology, Bombay, and earned an MBA in Finance at the Universityof Pennsylvania - The Wharton School.

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Investment focus

  • Industry: Internet, Retail, Fashion
  • Stage:Seed, Series B
  • Geography: India, South Africa

Investor stats

  • Total investments: 11
  • Round size: Seed $1.3M–$9.5M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Cautio — The future of road safety starts here.
  • Ninecamp — Ninecamp is a food and beverage company. They anticipate creating new and unique brands with a strong emphasis on high-quality offerings in product, service, and design.
  • Faro — Every garment deserves to be worn. Leveraging technology and a specialised supply chain, FARO enables brands to offload obsolete inventory through stores in non-core markets, ensuring complete traceability throughout the process.
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