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Top 5 Finance VC Funds & Investors in Rwanda (October 2026)

The most active venture capital funds investing in Rwanda Finance startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Rwanda Finance startup companies. Find investors to raise a Seed, Series A or Grant round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Ground Squirrel Ventures
VC Fund
1 United States, Kenya, Zambia Seed, Venture - Series Unknown, Series A Financial Services, FinTech, Finance $125k–$48M
Burrow Capital
VC Fund
1 Rwanda Seed Finance, Software, Financial Services
DeveloPPP Ventures
VC Fund
1 Ghana, Rwanda Seed, Grant Finance, Medical, Software
LuxDev
VC Fund
1 Rwanda, Albania Seed CRM, Finance, Software $125k–$1.2M
Development Bank of Rwanda
VC Fund
1 Rwanda Seed Finance, Software, Financial Services
Access all 9 VC funds in Rwanda Finance startups.

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Ground Squirrel Ventures
VC Fund · Boston, Massachusetts, United States · 1 investments in Rwanda Finance 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, Series A
  • Geography: United States, Kenya, Zambia

Investor stats

  • Total investments: 71
  • Round size: Seed $400k–$3M; Series A $1.8M–$5M; Venture - Series Unknown $125k–$48M
  • Lead/follow: 8% lead, 92% 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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Burrow Capital
VC Fund · 1 investments in Rwanda Finance startups

Burrow Capital is a family office founded by Shaun & Mike Burrow. Investing in both public and private technology and SaaS (Software as a Service) companies.

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Investment focus

  • Industry: Finance, Software, Financial Services
  • Stage:Seed
  • Geography: Rwanda

Investor stats

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

Portfolio highlights

  • Kayko — Kayko is a tool for your small business tasks. Record sales and expenses, handle customer tabs and accept digital payments.
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DeveloPPP Ventures
VC Fund · Eschborn, Hessen, Germany · 1 investments in Rwanda Finance startups

DeveloPPP Ventures provides financial services to young companies, whose business model improves living conditions in a developing country.

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Investment focus

  • Industry: Finance, Medical, Software
  • Stage:Seed, Grant
  • Geography: Ghana, Rwanda

Investor stats

  • Total investments: 3
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Kayko — Kayko is a tool for your small business tasks. Record sales and expenses, handle customer tabs and accept digital payments.
  • Dawa Mkononi — Dawa Mkononi (DM) is a registered company that mainly focuses on innovations to improve pharmaceutical supply chain. The app is run by DM Pharmacy located at Kariakoo in Dar es Salaam. The app currently serves for wholesale business only to pharmacies, ADDOs, and health facilities such as Hospitals and Clinics.
  • Revna Biosciences — Revna Biosciences is a company that focuses on precision medicine research and diagnostics. The company is involved in the field of biomedical research and clinical services, with a particular emphasis on advancing precision medicine in Africa. Revna Biosciences is also known for its work in the area of cancer research. The company offers a rangeof products and services related to medical research and applied life sciences. It has received approval from the Food and Drug Administration for its work, highlighting its commitment to adhering to regulatory standards and guidelines.
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LuxDev
VC Fund · Luxembourg, Luxembourg, Luxembourg · 1 investments in Rwanda Finance startups

Luxembourg Development Cooperation Agency

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Investment focus

  • Industry: CRM, Finance, Software
  • Stage:Seed
  • Geography: Rwanda, Albania

Investor stats

  • Total investments: 2
  • Round size: Seed $125k–$1.2M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Kayko — Kayko is a tool for your small business tasks. Record sales and expenses, handle customer tabs and accept digital payments.
  • Data4X — Data4X powered by TMS LLC is the go-to market intelligence platform for Western Balkan countries providing in-depth Macroeconomic Overview, Industry & Sectorial Insights, tailored studies for the business landscape.Data4X stands as a leading and singular platform in Kosovo, curated from an in-depth understanding of the intrinsic needs fordata and market intelligence across businesses. We are dedicated to converting complex datasets into clear insights, empowering strategic decision-making.
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Development Bank of Rwanda
VC Fund · Kigali, Butare, Rwanda · 1 investments in Rwanda Finance startups

Development Bank of Rwanda is a trade & development industry that provides financial services to agriculture, education, housing & exports.

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Investment focus

  • Industry: Finance, Software, Financial Services
  • Stage:Seed
  • Geography: Rwanda

Investor stats

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

Portfolio highlights

  • Kayko — Kayko is a tool for your small business tasks. Record sales and expenses, handle customer tabs and accept digital payments.
Show all investments...

Finance VC funding in Rwanda at a glance

Stats across 5 deals from 9 investors.

9
investors
in Rwanda Finance startups
5
deals
in Rwanda Finance startups
$40k
median round
in Rwanda Finance startups
11%
lead investors
lead at least one round
40%
Seed
most common funding stage

Access all 9 VC funds in Rwanda Finance startups.

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