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Top 50 Food and Beverage Startup Investors in Africa (June 2026)

The most active venture capital funds and angel investors investing in Africa Food and Beverage startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Africa Food and Beverage startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Pearl Capital Partners
VC Fund
10 Uganda, Kenya, Malawi Private Equity, Debt Financing, Seed Agriculture, Farming, Food Processing $5k–$2.6M
1776 Ventures
VC Fund
4 United States, Kenya, Brazil Seed, Series A, Convertible Note Education, EdTech, Software $500k–$23M
Kube VC
VC Fund
3 United States, India, United Kingdom Seed, Series A, Pre-Seed FinTech, Financial Services, Software $120k–$25M
Sustainable Food Ventures
VC Fund
3 United States, India, Germany Pre-Seed, Seed, Angel Food and Beverage, Biotechnology, Food Processing $100k–$4M
Cult Food Science
VC Fund
3 United States, South Africa, Canada Seed, Pre-Seed Food and Beverage, Biotechnology, Food Processing $275k–$12M
UM6P Ventures
VC Fund
3 Morocco, Israel, United States Seed, Pre-Seed Agriculture, Apps, Retail $110k–$4M
Musha Ventures
VC Fund
3 United States, Nigeria, Kenya Seed, Pre-Seed, Series A Software, Financial Services, FinTech $125k–$10M
54 Collective
VC Fund
3 Kenya, Nigeria, South Africa Seed, Pre-Seed Health Care, Information Technology, FinTech $40k–$4M
Unpopular Ventures
VC Fund
3 United States, India, Mexico Seed, Pre-Seed, Series A Software, Artificial Intelligence, FinTech $500k–$69M
Launch Africa
VC Fund
3 Nigeria, South Africa, United States Seed, Pre-Seed Financial Services, FinTech, Information Technology $200k–$4M
VestedWorld
VC Fund
2 Nigeria, Kenya, Ghana Seed, Series A, Series B Agriculture, Farming, E-Commerce $1.6M–$20M
Cox Enterprises
VC Fund
2 United States, Italy, Belgium Series C, Seed, Series A Software, Information Technology, Health Care $100k–$56M
Tayo Oviosu
Angel
2 Nigeria, Brazil, United States Angel, Seed, Pre-Seed Financial Services, SaaS, Credit $1.4M–$3.6M
MNF Ventures
VC Fund
2 Morocco, France, Canada Seed, Series A, Pre-Seed Online Portals, FinTech, Enterprise Software $200k–$1.6M
Novastar Ventures
VC Fund
2 Kenya, Nigeria, United States Series A, Series B Agriculture, Health Care, Internet $1.7M–$42M
Ajayi Solutions
VC Fund
2 Nigeria Seed Farming, Agriculture, Food Processing
Alphamundi
VC Fund
2 Kenya, Colombia, Ghana Debt Financing, Series A, Series B Agriculture, Renewable Energy, Financial Services $1.7M–$16M
First circle capital
VC Fund
2 Nigeria, Egypt, United States Pre-Seed, Seed Financial Services, FinTech, Finance $100k–$4M
SAHEL Capital
VC Fund
2 Nigeria, Ghana, Kenya Debt Financing, Private Equity, Series B Agriculture, Farming, Food and Beverage $500k–$3.4M
LoftyInc Capital
VC Fund
2 United States, Nigeria, Egypt Seed, Pre-Seed, Series A Financial Services, FinTech, Software $100k–$37M
Chandaria Capital
VC Fund
2 Kenya, United States, Nigeria Seed, Series A, Pre-Seed E-Commerce, Retail, FinTech $250k–$37M
Kale United
VC Fund
2 Sweden, United Kingdom, Canada Seed, Pre-Seed Food and Beverage, Biotechnology, Food Processing $100k–$2.5M
Al Mada Ventures
VC Fund
2 Morocco, Togo, Egypt Seed, Series A, Series B Apps, Software, B2B $2.4M–$17M
Acumen
VC Fund
2 United States, India, Kenya Seed, Series A Agriculture, Health Care, Financial Services $300k–$13M
Wamda Capital
VC Fund
2 United Arab Emirates, Turkey, Jordan Seed, Series A, Series B E-Commerce, Software, Financial Services $600k–$47M
Hack VC
VC Fund
2 United States, Singapore, Canada Seed, Series A, Pre-Seed Blockchain, Software, Cryptocurrency $1M–$38M
Hustle Fund
VC Fund
2 United States, Singapore, Canada Seed, Pre-Seed, Series A Software, FinTech, Financial Services $120k–$30M
Creadev
VC Fund
2 France, United States, China Series B, Series C Health Care, Agriculture, Food and Beverage $5.5M–$55M
Accion Ventures
VC Fund
2 India, United States, Mexico Seed, Series A, Series B Financial Services, FinTech, Finance $500k–$33M
Soma Capital
VC Fund
2 United States, India, Mexico Seed, Pre-Seed, Series A Software, Artificial Intelligence, FinTech $350k–$40M
Seedstars Africa Ventures
VC Fund
2 Kenya, France, Nigeria Seed, Series A Energy, FinTech, Software $1.1M–$2.7M
Janngo
VC Fund
2 Nigeria, United States, France Seed, Pre-Seed, Series A E-Commerce, B2B, Logistics $400k–$18M
European Bank for Reconstruction and Development
VC Fund
2 Turkey, United States, Egypt Debt Financing, Post-IPO Debt Financial Services, Banking, Finance $4.4M–$479M
DOB Equity
VC Fund
2 Kenya, Rwanda, Uganda Private Equity, Seed Food and Beverage, Farming, Agriculture $1M–$4M
Standard Chartered Bank
VC Fund
2 India, Singapore, United Kingdom Debt Financing, Post-IPO Debt Financial Services, Energy, Finance $19M–$3B
The A to Z Impact Foundation
VC Fund
1 Kenya, South Africa Seed B2B, Education, Nutrition
DEG
VC Fund
1 India, South Africa, Ghana Debt Financing, Grant Financial Services, FinTech, E-Commerce
Praxis
VC Fund
1 United States, Malawi, Nigeria Seed, Pre-Seed, Series A Non Profit, Social Assistance, Education
Savannah Fund
VC Fund
1 Kenya, United States, South Africa Seed, Series A, Pre-Seed E-Commerce, FinTech, Information Technology
Plug & Play
VC Fund
1 Seed
AlphaCode Club
VC Fund
1 South Africa, United Kingdom Grant, Debt Financing Financial Services, FinTech, Automotive
Michael Chow
Angel
1 United States, Kenya Seed, Grant, Pre-Seed Financial Services, FinTech, Rental Property
Incofin Investment Management
VC Fund
1 India, Kenya, Myanmar Series A, Series B Financial Services, Finance, FinTech
Ground Squirrel Ventures
VC Fund
1 United States, Kenya, Zambia Seed, Series A Financial Services, FinTech, Finance
Omidyar Network
VC Fund
1 United States, India, Kenya Series A, Seed, Series B Financial Services, FinTech, Education
Goodwater Capital
VC Fund
1 United States, India, South Korea Seed, Series A, Pre-Seed FinTech, Financial Services, E-Commerce
Aruwa Capital
VC Fund
1 Nigeria, United States, France Seed, Series A FinTech, Big Data, Financial Services
Robert Herjavec
Angel
1 United States, Nigeria Seed, Angel, Pre-Seed Health Care, Pet, Consumer Electronics
Afri Mobility
VC Fund
1 Morocco, France Seed, Convertible Note B2B, Food Delivery, Fleet Management
Partech
VC Fund
1 United States, France, Germany Series A, Seed, Series B Software, E-Commerce, SaaS
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Pearl Capital Partners
VC Fund · Kampala, Kampala, Uganda · 10 investments in Africa Food and Beverage startups

Pearl Capital Partners is a specialist agriculture investment firm that has been investing in small and medium sized East African agribusinesses since 2005. Pearl Capital Partners investments generate financial returns for our investors while creating significant social impact. Pearl Capital Partners success is derived from working with ambitiousmanagement teams, providing supportive investment structures and specialist expertise that create high-growth agribusinesses.

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Investment focus

  • Industry: Agriculture, Farming, Food Processing
  • Stage:Private Equity, Debt Financing, Seed
  • Geography: Uganda, Kenya, Malawi

Investor stats

  • Total investments: 36
  • Round size: Seed $1.3M–$2.1M; Debt Financing $5k–$650k; Private Equity $18k–$2.6M
  • Lead/follow: 92% lead, 8% follow
  • Last fund: May invest from a new fund soon — last raise in 2017

Portfolio highlights

  • Enimiro — Enimiro is creating an online farming platform in form of a mobile App to connect Ugandan smallholder farmers with local investors to increase harvest while enabling urban people to invest into farming and earn proceeds at just a click of a button.
  • Kamp Feed — Kamp Feed is a food producer of nutritional animal feeds that specializes in pelleted animal feeds.
  • Newman Foods — Newman Foods is an agro-processing company that manufactures, exports, and supplies a comprehensive range of fresh agricultural products. Newman Foods Ltd is a Kampala-based agro-processing company whose primary business is producing and marketing branded consumer foods sold through retail stores in the local and the regional market, as well asaggregation and export of fresh fruits and vegetables (FFV) to the European market.
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1776 Ventures
VC Fund · Washington, District of Columbia, United States · 4 investments in Africa Food and Beverage startups

1776 Ventures is a global seed fund investing in companies in the following sectors: education, energy, smart cities, transportation, food/agriculture, fintech, and healthcare.

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Investment focus

  • Industry: Education, EdTech, Software
  • Stage:Seed, Series A, Convertible Note
  • Geography: United States, Kenya, Brazil

Investor stats

  • Total investments: 97
  • Round size: Seed $750k–$4M; Series A $2.2M–$23M; Convertible Note $500k–$2M
  • Lead/follow: 9% lead, 91% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Swiftly — Harness your public transit data with Swiftly's urban mobility solutions to make your city's mass transportation move more efficiently.
  • HopSkipDrive — Arranging safe, dependable transportation or children ages 6+ with qualified caregivers
  • Clarametyx Biosciences — Clarametyx Biosciences is a late preclinical stage biotechnology company developing targeted, immune-enabling biologic therapies to counter persistent infections associated with biofilms.
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Kube VC
VC Fund · Singapore, Central Region, Singapore · 3 investments in Africa Food and Beverage startups

Kube VC is a global venture capital firm that invests in exceptional founders and category-defining companies.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, India, United Kingdom

Investor stats

  • Total investments: 107
  • Round size: Seed $800k–$8.6M; Pre-Seed $120k–$1.8M; Series A $5M–$25M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Crowdz — Make accounts receivables a thing of the past with a competitive invoice auction for selling your invoices with invoice financing
  • Glamplus — Glamplus is a SAAS-enabled beauty marketplace for salons and spas in the SMB segment. Glamplus customized to suit salon,s needs. Glamplus offers Hassle-free digital appointment tracking, invoicing, customer engagement, revenue management & much more.
  • Klaar — Klaar eliminates the stress and bias of performance management with timely AI-powered insights that help teams identify areas for improvement, make data-driven decisions, and ultimately drive better performance & careers.
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Sustainable Food Ventures
VC Fund · Raleigh, North Carolina, United States · 3 investments in Africa Food and Beverage startups

SFV backs globally early-stage founders building leading Future of Food companies that are: #Cell-based #Plant-based #Recombinant

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Investment focus

  • Industry: Food and Beverage, Biotechnology, Food Processing
  • Stage:Pre-Seed, Seed, Angel
  • Geography: United States, India, Germany

Investor stats

  • Total investments: 36
  • Round size: Seed $845k–$4M; Pre-Seed $100k–$2.1M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • POW! Foods — Puta en gandia
  • Veggie Victory — VeggieVictory is Nigeria’s first plant-based food tech company bringing people a healthier and more sustainable lifestyle through plant-based meats and meals.
  • High Time Foods — High Time Foods provides shelf-stable and moldable plant-based meat alternatives to foodservice operators. Their first product is a plant-based chicken alternative that does not require refrigeration. The product is moldable and can be used in any cuisine as a substitute for chicken.
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Cult Food Science
VC Fund · 3 investments in Africa Food and Beverage startups

CULT Food Science is an investment company focused on supporting and advancing the technology behind the future of food.

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Investment focus

  • Industry: Food and Beverage, Biotechnology, Food Processing
  • Stage:Seed, Pre-Seed
  • Geography: United States, South Africa, Canada

Investor stats

  • Total investments: 23
  • Round size: Seed $300k–$12M; Pre-Seed $275k–$2.4M
  • Lead/follow: 52% lead, 48% follow

Portfolio highlights

  • Novel Farms — Novel Farms uses microbial fermentation to develop cruelty-free, inexpensive and tunable bioscaffolds for the production of cell-based meat products. Novel Farms mission is to craft the taste and texture of the gourmet meats and transform cell-based meat consumption into a sought-after culinary experience for the next generation of consciouseaters.
  • Minus — A sustainable coffee alternative, combining the taste, look, and smell of coffee with a smaller footprint to ensure a brighter future for coffee and the planet.
  • Unicorn Biotechnologies — Unicorn Biotechnologies is developing a fully automated manufacturing platform to enable cellular agriculture producers to seamlessly scale products from the lab bench to supermarket shelves. Our full stack platform combines hardware, software and analytics to completely automate cellular agriculture manufacturing, reducing costs and increasingproduct quality. By providing a clear path to scale cellular agriculture from grams to tons, we will improve human and planetary health and drive the transition to animal free agriculture.
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UM6P Ventures
VC Fund · Benguerir, Marrakech-Tensift-Al Haouz, Morocco · 3 investments in Africa Food and Beverage startups

UM6P Ventures is a venture capital investment firm that invests in Science & Innovation.

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Investment focus

  • Industry: Agriculture, Apps, Retail
  • Stage:Seed, Pre-Seed
  • Geography: Morocco, Israel, United States

Investor stats

  • Total investments: 16
  • Round size: Seed $275k–$4M; Pre-Seed $110k–$1.5M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Hsabati — Une vision à 360° de votre entreprise
  • Chari — Chari is an e-commerce and fintech app for traditional retailers in French-Speaking Africa allowing them to order any consumer goods they sell and get delivered for free in less than 24 hours. Chari is also a financial services provider for these retailers, offering them microloans
  • WafR — WafR is a reward-based loyalty startup that allows users to earn phone recharges while shopping at retail shops.
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Musha Ventures
VC Fund · New York, New York, United States · 3 investments in Africa Food and Beverage startups

Seed capital for technology startups globally.

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Investment focus

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

Investor stats

  • Total investments: 138
  • Round size: Seed $125k–$4.2M; Pre-Seed $300k–$3.2M; Series A $2.5M–$10M
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • nGrow.ai — Boost revenue and engagement
  • Orca Fraud — Orca empowers fraud fighters with effective tools to combat fraud
  • SkillMagic — SkillMagic's AI finds the best technical content, delivers it directly to junior engineers, and helps you track progress.
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54 Collective
VC Fund · Johannesburg, NA - South Africa, South Africa · 3 investments in Africa Food and Beverage startups

Building and scaling African tech startups with catalytic capital, value-add support and our global network.

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Investment focus

  • Industry: Health Care, Information Technology, FinTech
  • Stage:Seed, Pre-Seed
  • Geography: Kenya, Nigeria, South Africa

Investor stats

  • Total investments: 107
  • Round size: Seed $40k–$4M; Pre-Seed $40k–$1.3M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • mTek — mTek is a digital online insurance platform that provides an entirely paperless ecosystem for the insurance industry.
  • REasy — Top up locally, pay suppliers globally, and manage international shipments with REasy. Fast, secure, and designed for African businesses expanding worldwide.
  • Konnect — Konnect provides a cross borders payment solution intended to simplify complex financial flows allowing companies of any scale and size to send and receive payments in a practical, secure, and low-cost way.
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Unpopular Ventures
VC Fund · San Francisco, California, United States · 3 investments in Africa Food and Beverage startups

The best companies, off the beaten path.

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Investment focus

  • Industry: Software, Artificial Intelligence, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, India, Mexico

Investor stats

  • Total investments: 251
  • Round size: Seed $500k–$9M; Pre-Seed $500k–$2.5M; Series A $6.8M–$69M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • 222 — this must be the place.
  • DRUO — DRUO provides online payment gateway for businesses.
  • ContentRadar — Create & repurpose content with AI for LinkedIn & X in one click. Sign up for free!
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Launch Africa
VC Fund · Ebène, Plaines Wilhems, Mauritius · 3 investments in Africa Food and Beverage startups

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
  • Geography: Nigeria, South Africa, United States

Investor stats

  • Total investments: 162
  • Round size: Seed $200k–$4M; Pre-Seed $200k–$1.7M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: Likely still investing — raised $36M in 2022

Portfolio highlights

  • Fixit45 — Fixit45 also provides fleet management, auto parts sourcing and delivery, auto care, refurbishment and upgrades, repair financing, and mechanic workshop software as well as pre-purchase inspections, underlying these with moderation for compliance and accountability.
  • Gigmile — Gigmile provides financial services. They provide gig workers with core services and an affordable lease on productive assets that is tailored to their earnings to enable them to succeed in the mobility industry as entrepreneurs.
  • HomecomingEx — Homecoming Revolution is a pan-African recruitment firm for global African professionals. We specialise in headhunting & placing global African talent.
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Access 48,091 investors

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

Browse database — It's Free!
VestedWorld
VC Fund · Chicago, Illinois, United States · 2 investments in Africa Food and Beverage startups

VestedWorld is an early-stage venture capital firm that invests in emerging markets companies that have the potential to generate competitive financial returns while contributing towards the growth and development of the markets in which they are located. The firm supports these businesses through the infusion of capital, active involvement incorporate governance, and by providing direct strategic and operational assistance.

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Investment focus

  • Industry: Agriculture, Farming, E-Commerce
  • Stage:Seed, Series A, Series B
  • Geography: Nigeria, Kenya, Ghana

Investor stats

  • Total investments: 26
  • Round size: Seed $1.6M–$5.9M; Series A $2.5M–$4.4M; Series B $9M–$20M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: May invest from a new fund soon — raised $187k in 2020

Portfolio highlights

  • BFree — BFree focuses its collection processes on sustainably leading customers out of debt by giving them back control over their finances.
  • Complete Farmer — Complete Farmer connects growers, buyers, and vendors with technology, support, and market access across Ghana and beyond.
  • Jackfruit Finance — Fast, flexible school financing in Kenya. Get working capital, projects, and asset loans designed around school fee cycles and growth needs.
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Cox Enterprises
VC Fund · Atlanta, Georgia, United States · 2 investments in Africa Food and Beverage startups

Empower to build. The story of Cox Enterprises is one of hard work, respect for employees, entrepreneurship and making bold decisions.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Series C, Seed, Series A
  • Geography: United States, Italy, Belgium

Investor stats

  • Total investments: 70
  • Round size: Seed $100k–$3.6M; Series A $4.3M–$25M; Series C $20M–$56M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Motivo — Motivo is the leading managed clinical supervision platform for behavioral health organizations. Connect your pre-licensed staff with 1,500+ vetted supervisors across all 50 states. Fully managed: vetting, compliance, HIPAA-compliant video, and documentation.
  • You.com — you.com is a search engine that helps users find what they're looking for by prioritizing real results. It aims to take on Google and other search engines dependent on advertising. It offers privacy controls to let users customize their browsing experience. It raises the bar on privacy, offering a zero trace incognito mode. It never tracksusers on the internet.You.com was developed by former Salesforce chief scientist Richard Socher.
  • Enlace Health — Enlace Health helps healthcare payers and providers design, implement, and administer value-based care and bundled payment programs.
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Tayo Oviosu
Angel · Lagos, Lagos, Nigeria · 2 investments in Africa Food and Beverage startups

Tayo is the Founder & Group CEO of Paga (www.paga.com), Nigeria’s leading mobile money service. Prior to Paga, Tayo was Vice-President at Travant Capital Partners, a private equity fund in West Africa. Prior to joining Travant, Tayo was a Manager, Corporate Development, at Cisco Systems in San Jose California. Tayo’s work at Paga has beenrecognized globally - in 2014 CNBC selected Tayo as the Entrepreneur of the Year West Africa, and in 2015 the African Leadership Network selected Paga as the outstanding growing company of the year in Africa. Tayo is also the co-founder of Kairos Angels, an angel investment club.Tayo earned his Bachelors of Science degree in Electrical Engineering, cum laude, from the University of Southern California, and also has a Masters in Business Administration from the Graduate School of Business, Stanford University.

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Investment focus

  • Industry: Financial Services, SaaS, Credit
  • Stage:Angel, Seed, Pre-Seed
  • Geography: Nigeria, Brazil, United States

Investor stats

  • Total investments: 10
  • Round size: Seed $1.4M–$3.6M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • RELAYTO Content Experience Platform — RELAYTO converts your PDFs & presentations to interactive web experiences with instant branding, analytics & more
  • Tyms — Tyms online accounting software for your business connects you to your bank, accountant, bookkeeper, and other business apps. Start a free trial today. Also available in Nigeria, Ghana, Mauritius and South Africa.
  • Venco Platforms — Venco automates visitor management, billing, and collections, as well as smart utility vending for communities across Africa.
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MNF Ventures
VC Fund · Casablanca, Grand Casablanca, Morocco · 2 investments in Africa Food and Beverage startups

MNF Ventures is a venture capital fund based in Morocco, investing in Seed, Pre-Series A and Series A startups. Tickets size can go up to USD 1M. We invest in tech startups operating in Fintech/Insurtech, EdTech, Regtech, HealthTech, Biotech, EnergyTech Cybersecurity, SaaS... Startups have either to be based in Morocco, or be based worldwideif at least one of the founders is a Moroccan citizen. MNF Ventures manages Maroc Numeric Fund and Maroc Numeric Fund II.

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Investment focus

  • Industry: Online Portals, FinTech, Enterprise Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Morocco, France, Canada

Investor stats

  • Total investments: 32
  • Round size: Seed $200k–$1.6M; Series A $250k–$700k
  • Lead/follow: 38% lead, 62% follow
  • Last fund: May invest from a new fund soon — raised $20M in 2018

Portfolio highlights

  • Damanesign — Damanesign operates as a digital trust solutions startup. Damanesign is a startup that is seizing new legislation opportunities on digital trust in Morocco to provide users with the utmost safety in documentation.
  • Atlan Space — Building Artificial Intelligence to autonomously pilot any fixed wing drone, to monitor and take measures over very large areas
  • OnePay — OnePay is a fintech startup that operates as a distributor of means of payment and aggregator of payment and value-added services in electronic transactions.
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Novastar Ventures
VC Fund · Nairobi, Nairobi Area, Kenya · 2 investments in Africa Food and Beverage startups

For the many, not just the few. For good.

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Investment focus

  • Industry: Agriculture, Health Care, Internet
  • Stage:Series A, Series B
  • Geography: Kenya, Nigeria, United States

Investor stats

  • Total investments: 59
  • Round size: Series A $1.7M–$13M; Series B $3.5M–$42M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: May invest from a new fund soon — raised $108M in 2020

Portfolio highlights

  • Soko — SOKO produces innovative, ethical jewelry and accessories from sustainable materials in Nairobi, Kenya
  • Komaza — Komaza is a tech-driven sustainable forestry company revolutionizing the wood industry in Africa with its farmer platform. It combines technology, training, and service to create a new sustainable wood supply for Africa at an 80% cost disruption over traditional plantations. The company was founded in 2006 by Tevis Howard.
  • Sanergy — The Sanergy Collaborative is a partnership of 3 independent companies, who are united by a common vision. Explore more about our vision here!
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Ajayi Solutions
VC Fund · 2 investments in Africa Food and Beverage startups

Ajayi Solutions seeks to participate in the development of the local economy in regions across Africa by investing in small to large scale privately-held businesses. The ratification of the Africa Continental Free Trade Agreement [AfCFTA] has opened a new chapter in trade across Africa and we seek to participate. We seek to invest in promisingentrepreneurs who create tech-enabled solutions to enable local production in Africa as well as facilitate intra- and inter-continental trade.

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Investment focus

  • Industry: Farming, Agriculture, Food Processing
  • Stage:Seed
  • Geography: Nigeria

Investor stats

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

Portfolio highlights

  • Farmcrowdy — Farmcrowdy is an agric-tech platform that gives Nigerians the opportunity to participate in Agriculture by selecting the kind of farms they want to sponsor. They use the sponsor’s funds to secure the land, engage the farmer, plant the seeds, insure the farmers and farm produce, complete the full farming cycle, sell the harvest and then pay the farmsponsor a return on their sponsorship. While this farm process is ongoing, the farm sponsors are able to keep track of the full-cycle by getting updates in text, pictures and videos.
  • Foodlocker — Foodlocker is a retail business that sources foodstuff from farmers, pays them fairly, & sells to customers at decent prices both online and in-store.
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Alphamundi
VC Fund · Zürich, Zurich, Switzerland · 2 investments in Africa Food and Beverage startups

AlphaMundi Group Ltd is a commercial entity based in Switzerland and exclusively dedicated to Impact Investing: profitable investments that generate substantial net benefits to society. It was founded in 2007 by a group of partners with extensive experience in the financial industry as well as responsible investments, microfinance andphilanthropy.AlphaMundi provides debt and equity financing to scalable social ventures in strategic sustainable human development sectors such as microfinance, affordable education, fair trade agriculture and renewable energy. AlphaMundi is currently investing out of its impact debt fund, SocialAlpha Investment Fund (SAIF) - Bastion, domiciled in Luxembourg. AlphaMundi also manages co-investments for SAIF-Bastion investors and third parties.​AlphaMundi partners believe that Impact Investing is a new tool for development that can enhance more classical responsible investment approaches (which often lack impact ​measurability) and complement charitable solutions (which often lack financial viability). To this extent, the firm also contributes to the emergence of Impact Investing through education events, publications and industry associations. Impact investments are now being integrated by leading US and European banks, pension funds, foundations and family offices into traditional investment portfolios, as primarily decorrelated, illiquid and profitable financial assets.

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Investment focus

  • Industry: Agriculture, Renewable Energy, Financial Services
  • Stage:Debt Financing, Series A, Series B
  • Geography: Kenya, Colombia, Ghana

Investor stats

  • Total investments: 20
  • Round size: Series A $10M–$12M; Series B $3.5M–$16M; Debt Financing $1.7M–$11M
  • Lead/follow: 20% lead, 80% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Finaktiva — Finaktiva is the number one financial ally of Colombian entrepreneurs. We offer flexible and agile online financial solutions (loans in various forms, factoring and confirming) adjusted to the requirements of the companies. We also offer a range of non-financial tools through our platform to help SMEs´ grow. Our customers are typically businesseswith innovative business models, double-digit growth rates that have a positive impact in their communities.
  • AgriCapital — AgriCapital is a financial service firm that provides store credit, productive credit, credit installments, and accompaniment services.
  • Ampersand — Ampersand catalyzes and power mass-market electric mobility. By supplying the battery swap network and operating system the company makes sustainable mobility rapidly accessible and affordable for developing markets, to improve livelihoods and the environment. With over a million km already covered by e-motorcycles in Africa using our plug-and-playpowertrain and energy network.
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First circle capital
VC Fund · Casablanca, Grand Casablanca, Morocco · 2 investments in Africa Food and Beverage startups

First Circle Capital is a venture capital firm seeding the next fintech generation in Africa.

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Pre-Seed, Seed
  • Geography: Nigeria, Egypt, United States

Investor stats

  • Total investments: 35
  • Round size: Seed $455k–$4M; Pre-Seed $100k–$780k
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • PayTic — PayTic enables payments issuers to manage their card programs by providing dedicated back-office solutions that streamline the end-to-end operations in customer support, chargebacks, fraud, AML, reporting, and reconciliation. Our proprietary solutions are unique in automating and centralizing the program management processes, regardless of thenumber of processors and the payment networks involved in the payments products. We impact payments providers by eliminating the defragmented and manual processes and replacing them with a SaaS platform that increases proactivity, mitigates risks, and delivers value. It reduces the burn rate to near 0 in operational costs and offers an unprecedented competitive advantage. PayTic is introducing the Zero Ops model in managing payments.
  • Pumpkn — Need reliable funding? We provide quick loans and capital tailored for Agriculture businesses in South Africa. Grow your business with Pumpkn. Apply now!
  • Scale — Scale accelerates market entry and revenue for fintechs with a people-first approach.
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SAHEL Capital
VC Fund · Lagos, Lagos, Nigeria · 2 investments in Africa Food and Beverage startups

Sahel Capital is a leading fund manager and advisory firm focused on West Africa with deep roots in private equity, financial advisory, management consulting and agribusiness. When you partner with Sahel, you benefit from quality financial and operating experience, broad industry knowledge, and a powerful network of global relationships. Through anintegrated approach, we work closely with companies and investment partners to deliver capital solutions and advisory services tailored to fit your unique needs. The power of a partnership with Sahel leads to better investments, stronger businesses, and shared success.

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Investment focus

  • Industry: Agriculture, Farming, Food and Beverage
  • Stage:Debt Financing, Private Equity, Series B
  • Geography: Nigeria, Ghana, Kenya

Investor stats

  • Total investments: 15
  • Round size: Debt Financing $500k–$3.4M
  • Lead/follow: 73% lead, 27% follow
  • Last fund: May invest from a new fund soon — last raise in 2017

Portfolio highlights

  • Agriarche — AGRIARCHE LIMITED is an agriculture technology company focused on enhancing the efficiency of the agricultural sector through digital solutions. It aims to empower farmers and other stakeholders in the agricultural ecosystem by providing tools for data-driven decision-making. The company specializes in digitizing commodity trading and payments,thereby transforming grains into cash for farmers. AGRIARCHE LIMITED is committed to bringing transparency to the agriculture supply chain by offering logistics tracking from start to finish, and providing clear transaction and credit history. By connecting aggregators, the company simplifies the flow of food, information, and payments within the agriculture sector.
  • Winich Farms — At Winich Farms we are a technology-driven and agri-startup connecting farmers with access to finance, premium markets and passionate about ensuring global food security and democratising agricultural participation. We drive digital participation by crowdfunding through our online platforms, these we use to engage farmers with quality inputs,agricultural expertise, process automation, and machinery, with the promise of decent returns to our subscribers and the farmers at the end of each farming cycle.In addition to this, utilizing our agro e-retail platform (web and app), we connect vicinity farmers with market (households) directly at farm gate price thereby reducing the activities of middlemen, making agro produce more affordable and easily accessible.One farmer at a time, our big vision is to build an Africa that feeds the world and itself. How do we plan to achieve this? Empower African Farmers by lowering barriers to accessing Capital and financial services, data driven best practices and technology to improve yield as well as access to local and global markets for their produce with established offtaker relationships like Flour Mills of Nigeria, Dangote Foods, Labana Rice, Big Bull Rice etcBacked by Orange Corners we are on a mission to create a prosperous and economically resilient Africa powered by Agriculture.
  • Oyster Agribusiness — Oyster Agribusiness key operation is production and processing of agricultural products for the domestic and international markets.
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LoftyInc Capital
VC Fund · Carmel, California, United States · 2 investments in Africa Food and Beverage startups

LoftyInc Capital Management empowers Afropreneurs to build a prosperous and equitable future in Africa. We deliver value to both founders and investors.........

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Investment focus

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

Investor stats

  • Total investments: 147
  • Round size: Seed $100k–$5M; Pre-Seed $100k–$2.4M; Series A $250k–$37M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: Likely still investing — raised $14M in 2021

Portfolio highlights

  • Aku — Aku is a financial technology to drive financial inclusion on one mobile device. They provide payments and bring financial services to the doorstep. They support the new business owner in need of the right tools. They offer low-cost, accessible financial services that serve their customers. They radically democratized access to banking and digitalpayment channels.
  • AlumUnite — AlumUnite is a purpose-built platform to connect all educated Africans to develop Africa's human capital through alumni groups. We crowd-resource education.
  • Reliance Health — Reliance Health Global. Improve the lives of your staff with innovative company healthcare benefits fit for any business. You can rely on us.
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Chandaria Capital
VC Fund · Nairobi, Nairobi Area, Kenya · 2 investments in Africa Food and Beverage startups

KOITOTO merupakan akses login situs toto togel 4D resmi dan link slot gacor terpercaya menyediakan akses super cepat serta permainan terlengkap dengan tingkat kemenangan tinggi setiap hari.

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Investment focus

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

Investor stats

  • Total investments: 29
  • Round size: Seed $250k–$6M; Pre-Seed $1M–$3M; Series A $2M–$37M
  • Lead/follow: 7% lead, 93% 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.
  • Savannah Brands — Savannah Brands is a food & beverage company.
  • UTU Technologies — Trust infrastructure for the sharing economy.
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Kale United
VC Fund · Stockholm, Stockholms Lan, Sweden · 2 investments in Africa Food and Beverage startups

Kale United offers a portfolio of over 75+ plant-based game changers

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Investment focus

  • Industry: Food and Beverage, Biotechnology, Food Processing
  • Stage:Seed, Pre-Seed
  • Geography: Sweden, United Kingdom, Canada

Investor stats

  • Total investments: 23
  • Round size: Seed $360k–$2.5M; Pre-Seed $100k–$2M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • Opalia — Opalia is introducing a new era of dairy: functional, delicious, and sustainable dairy made from mammary cells.
  • Hooked Foods — Leading the transition to a harmless seafood system by serving healthy vegan seafood for everybody to truly enjoy.
  • Cultimate Foods — At Cultimate, we are transforming the flavor and aroma industry with natural innovative ingredients.
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Al Mada Ventures
VC Fund · 2 investments in Africa Food and Beverage startups

Al Mada Ventures is an investment firm.

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Investment focus

  • Industry: Apps, Software, B2B
  • Stage:Seed, Series A, Series B
  • Geography: Morocco, Togo, Egypt

Investor stats

  • Total investments: 9
  • Round size: Seed $2.4M–$7M; Series A $6M–$17M
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • Susu — Susu is a dynamic and innovative company that offers a wide range of health services for families in the African diaspora. Susu provides a complete offer on Preventive care, Medical treatments, Management of chronic diseases, and Authentic drugs.
  • YoLa Fresh — At YoLaFresh, our mission is to revolutionize the fresh produce supply chain in Africa by leveraging technology and data to disrupt traditional distribution models. We strive to create a more efficient and transparent system that benefits all stakeholders, from farmers to retailers and consumers. Our vision is to create a world where access tofresh, high-quality produce is a universal right. We believe that by empowering farmers and retailers with innovative technology solutions, we will improve their livelihoods and make a positive impact on their communities.
  • Supercritical — We partner with industry to move and think beyond fossil fuels with innovative clean technology solutions.
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Acumen
VC Fund · New York, New York, United States · 2 investments in Africa Food and Beverage startups

Acumen is a nonprofit venture fund that invests in early-stage companies bringing critical services like agriculture, clean energy, education, financial inclusion, healthcare and workforce development to low-income communities in 14 countries across East and West Africa, South Asia, Latin America, and the United States. Since 2001, Acumeninvested $128 million in 128 companies that have transformed the lives of over 308 million low-income people.

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Investment focus

  • Industry: Agriculture, Health Care, Financial Services
  • Stage:Seed, Series A
  • Geography: United States, India, Kenya

Investor stats

  • Total investments: 157
  • Round size: Seed $300k–$4.2M; Series A $1.6M–$13M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: May invest from a new fund soon — raised $2.8M in 2019

Portfolio highlights

  • AgroEknor — AgroEknor provides agricultural research, integration, technology based optimization & global delivery of the agro superfoods.
  • Juhudi Kilimo — Juhudi Kilimo is a social enterprise that provides asset financing and technical assistance to smallholder farmers and small-to-medium agro-businesses.
  • Gulu Agricultural Development Company — GADC was established in northern Uganda in the aftermath of the LRA-instigated war which devastated the region for nearly 20 years.
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Wamda Capital
VC Fund · Dubai, Dubai, United Arab Emirates · 2 investments in Africa Food and Beverage startups

We are a leading venture capital firm in Dubai, UAE, focused on supporting entrepreneurs in the MENA region at the seed- and early-stage building great companies.

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Investment focus

  • Industry: E-Commerce, Software, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: United Arab Emirates, Turkey, Jordan

Investor stats

  • Total investments: 116
  • Round size: Seed $600k–$6.5M; Series A $2M–$9M; Series B $3.5M–$47M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: May invest from a new fund soon — raised $70M in 2018

Portfolio highlights

  • Wafeq — Send invoices or purchase orders, manage your inventory and your payroll, and get over 30 reports to manage your company, all in one software.
  • Qeen Ai — qeen.ai is a GenAI native platform that enables autonomous AI to e-commerce firms of all sizes.
  • Tamatem — We are the leading mobile games publisher in the Arabic speaking world! We bring international mobile games from all around the world to publish in the MENA market!
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Hack VC
VC Fund · San Francisco, California, United States · 2 investments in Africa Food and Beverage startups

Hack VC is a web3 venture capital firm.

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Investment focus

  • Industry: Blockchain, Software, Cryptocurrency
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Singapore, Canada

Investor stats

  • Total investments: 224
  • Round size: Seed $2M–$15M; Pre-Seed $1M–$10M; Series A $6M–$38M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: Likely still investing — raised $150M in 2024

Portfolio highlights

  • Nonco — Leading provider of stablecoin and crypto liquidity solutions for institutional and enterprise clients.
  • Orchata — Te presentamos orchata, tu super en 15 minutos. Te regalamos 100 pesos en tu primer pedido.
  • Pharos — Pharos incorporates effective blockchain technology into real-world asset verticals and decentralized finance. Pharos Network is promoting trustless innovations that benefit asset markets and underprivileged communities, bolstering the global economy of the future and facilitating the widespread use of Web3 technologies.
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Hustle Fund
VC Fund · San Carlos, California, United States · 2 investments in Africa Food and Beverage startups

Hustle Fund is a seed fund that invests in early-stage startups operating in software, business-to-business, fintech, and digital health sectors.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Singapore, Canada

Investor stats

  • Total investments: 313
  • Round size: Seed $1M–$6M; Pre-Seed $120k–$2.5M; Series A $3.1M–$30M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • BitBrand — Introducing Digital Watch Faces From Top Luxury Brands
  • Swarm — Swarm is the professional network for expert fractional tech folk in AI, Design, and Software Engineering.
  • ContentRadar — Create & repurpose content with AI for LinkedIn & X in one click. Sign up for free!
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Creadev
VC Fund · Paris, Ile-de-France, France · 2 investments in Africa Food and Beverage startups

Creadev is an evergreen investment company believe that shareholders' timing should match with the entrepreneur's vision, up to an unlimited amount of time. Creadev invest in and support companies able to scale-up and become worldwide best players in their sector.

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Investment focus

  • Industry: Health Care, Agriculture, Food and Beverage
  • Stage:Series B, Series C
  • Geography: France, United States, China

Investor stats

  • Total investments: 43
  • Round size: Series B $5.5M–$33M; Series C $10M–$55M
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • Mydawa — MYDAWA is here to ensure that every Kenyan can get quality, secure and affordable medicine and wellness products online
  • Everytable — Everytable aims to redefine the food landscape the same way McDonald’s did fifty years ago. But this time, instead of burgers and fries, they are selling nutritious, fresh, made-from-scratch food, at fast-food prices.
  • The Jackfruit Company — The Jackfruit Company (TJC) is the producing convenient, whole food, plant-based products.
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Accion Ventures
VC Fund · Washington, District of Columbia, United States · 2 investments in Africa Food and Beverage startups

Accion Ventures is an investment strategy that today pursues early-stage investments as part of Accion Impact Management.

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Seed, Series A, Series B
  • Geography: India, United States, Mexico

Investor stats

  • Total investments: 123
  • Round size: Seed $500k–$6.4M; Series A $2.6M–$33M; Series B $8M–$30M
  • Lead/follow: 34% lead, 66% follow

Portfolio highlights

  • Jeitto — Jeitto is an app that joins the loan with the possibility of doing cell recharges and paying bills, aiming to transform people's financial experience with credit and convenience. The company was founded in 2014 and is based in Sao Paulo, Brazil.
  • Lami — Lami is an end-to-end digital insurance platform and API that enables companies across sectors to offer insurance products. Its API allows underwriters to connect with consumer-facing companies that can provide embedded insurance as a value add for existing customers, many of whom are uninsured.
  • Cashinvoice — Cashinvoice connects supply chain stakeholders and digitises invoice-to-cash processes to unlock working capital trapped within supply chains and accelerate business growth
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Soma Capital
VC Fund · San Francisco, California, United States · 2 investments in Africa Food and Beverage startups

Welcome to Soma Capital

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Investment focus

  • Industry: Software, Artificial Intelligence, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, India, Mexico

Investor stats

  • Total investments: 491
  • Round size: Seed $1.4M–$8M; Pre-Seed $350k–$4M; Series A $7.5M–$40M
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • Starcloud — Starcloud is building a network of megawatt-scale data centers in space, scaleable to gigawatt capacity. Falling launch costs allow Starcloud to take advantage of the abundant energy, passive cooling, and high-speed connectivity in space.
  • TicketRev — TicketRev helps fans find cheaper tickets to their favorite games and concerts. Fans name their price for their preferred seating location, enabling resellers and teams to sell their inventory faster.
  • Inventive AI — Inventive is an AI-powered RFP & Questionnaire Response Management platform that drives 70%+ efficiency in sales response workflows.
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Seedstars Africa Ventures
VC Fund · 2 investments in Africa Food and Beverage startups

Seedstars Africa Ventures is an early-stage venture capital fund investing in high-growth companies active across Sub-Saharan Africa.

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Investment focus

  • Industry: Energy, FinTech, Software
  • Stage:Seed, Series A
  • Geography: Kenya, France, Nigeria

Investor stats

  • Total investments: 5
  • Round size: Seed $1.1M–$2.7M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Ampersand — Ampersand catalyzes and power mass-market electric mobility. By supplying the battery swap network and operating system the company makes sustainable mobility rapidly accessible and affordable for developing markets, to improve livelihoods and the environment. With over a million km already covered by e-motorcycles in Africa using our plug-and-playpowertrain and energy network.
  • Shamba Pride — Revolutionizing Rural Agriculture Trade Ecosystem for Africa Farmers Traditional farming methods across Africa often depend on synthetic inputs, degrading so...
  • Beacon Power Services — Beacon Power Services is a utility company that provides energy management software and analytics for utilities.
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Janngo
VC Fund · Abidjan, Lagunes, Côte d'Ivoire · 2 investments in Africa Food and Beverage startups

Janngo supports entrepreneurs who leverage technology to massify three impacts on the continent: 1/ Essential services & products for African consumers, 2/ Growth acceleration of African SMEs, and 3/ Job creation, in particular for women & youth

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Investment focus

  • Industry: E-Commerce, B2B, Logistics
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, United States, France

Investor stats

  • Total investments: 21
  • Round size: Seed $400k–$15M; Pre-Seed $549k–$2.7M; Series A $4.7M–$18M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: Likely still investing — raised $36M in 2022

Portfolio highlights

  • Djamo — Djamo is a Provider of financial applications to allow customers to use their cards with zero fees in a wide range of services.
  • GoCab — GoCab is fintech solution providing Drive-to-own option for vehicle purchase in Emerging markets, helping to bridge the gap between mobility entrepreneurs and financial services.
  • Thunder Code — Transform your QA process with Thunder Code's AI-powered test automation platform. Create, manage, and run automated tests without coding - perfect for QA teams seeking efficiency, reliability, and seamless integration.
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European Bank for Reconstruction and Development
VC Fund · London, England, United Kingdom · 2 investments in Africa Food and Beverage startups

The European Bank for Reconstruction and Development (EBRD) invests in changing lives. Through our financial investments, business services and work on policy reform, we're doing more than ever before to build open, market economies across 3 continents.

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Investment focus

  • Industry: Financial Services, Banking, Finance
  • Stage:Debt Financing, Post-IPO Debt
  • Geography: Turkey, United States, Egypt

Investor stats

  • Total investments: 232
  • Round size: Post-IPO Debt $5M–$479M; Debt Financing $4.4M–$165M
  • Lead/follow: 70% lead, 30% follow

Portfolio highlights

  • Virya Renewables — Virya Renewables is a new renewable energy platform established by Virya Energy in Poland. It develops large-scale solar PV, battery storage, and onshore wind projects.
  • Yapı ve Kredi Bankası — Yapi Kredi Bankasi, established in 1944, is one of the first nationwide private banks in Turkey. It is engaged in credit cards, assets management, non-cash loans, leasing, factoring, private pension funds and non-life insurance. It is 80% owned by Koc Finansal Hizmetler (KFH), whose combined financial services network consists of over 13 millioncustomers and 835 branches in Turkey.Yapi Kredi was acquired by Mehmet Emin Karamehmet's Çukurova Holding in 1984. In 2003, Çukurova Holding reached an agreement with the Turkish bank regulator to sell the majority of its shares in Yapi Kredi within two years. In 2005, the majority of shares in Yapi Kredi was acquired by the owners of Koçbank. Koç Finansal Hizmetler (KFH) was an equal partnership between Koç Holding and Italian banking giant, Unicredit. In 2006, Koçbank was merged into Yapı Kredi, leaving 80% of Yapi Kredi owned by KFS.
  • National Bank of Greece — The term i-bank adopted in April 2009 as a single name for all electronic service networks of the National Bank (Internet, Phone & Mobile Banking, ATM and Automated Payment -APS).Through the site of i-bank participate in contests with great prizes , learn the latest news from the world of technology , innovation and entrepreneurship and youthinformed about events in the i-bank store and the latest developments of the Contest «i -bank Innovation & Technology " .
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DOB Equity
VC Fund · Veessen, Gelderland, The Netherlands · 2 investments in Africa Food and Beverage startups

DOB Equity is a private equity firm specializing in growth capital and buy-and-build strategies in small and medium companies.

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Investment focus

  • Industry: Food and Beverage, Farming, Agriculture
  • Stage:Private Equity, Seed
  • Geography: Kenya, Rwanda, Uganda

Investor stats

  • Total investments: 49
  • Round size: Seed $1M–$4M
  • Lead/follow: 59% lead, 41% follow

Portfolio highlights

  • FarmWorks — FarmWorks is an agricultural technology company that gives farmers access to farm inputs as well as a market for the produce .FarmWork is to unlock agricultural potential by building clusters of mid-sized farms while working with thousands of small-holder farmers and establishing direct linkage to local and global markets.
  • Ilara Health — Ilara Health helps primary care clinics across Africa deliver better care.
  • Spouts of Water — SPOUTS mission is to manufacture and distribute ceramic water filters to provide everyone in Uganda with safe water.
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Standard Chartered Bank
VC Fund · London, England, United Kingdom · 2 investments in Africa Food and Beverage startups

Standard Chartered Bank offers personal and business banking services. Their solutions for companies include transaction banking and financial markets solutions. They also offer current accounts, savings accounts, credit cards, loans, and mortgage services.

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Investment focus

  • Industry: Financial Services, Energy, Finance
  • Stage:Debt Financing, Post-IPO Debt
  • Geography: India, Singapore, United Kingdom

Investor stats

  • Total investments: 90
  • Round size: Post-IPO Debt $100M–$3B; Debt Financing $19M–$1.3B
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • VPBank — As one of the earliest-established Joint-stock Commercial banks in Vietnam, VPBank has achieved steady development throughout its history. Especially since 2010, VPBank has grown dramatically with the development and implementation of the strategic transformation program diligently with support from one of the world’s leading consulting companies.
  • ACWA Power — ACWA Power is a developer, investor, co-owner and operator of a portfolio of power generation, renewable energy and desalinated water production plants.
  • Evren — Evren is a platform for generating power from renewable sources.
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The A to Z Impact Foundation
VC Fund · 1 investments in Africa Food and Beverage startups

Impact-first investing to support economic opportunity and high-quality healthcare for all. A to Z Impact supports underserved communities and the creation of a more equitable future for all through impact-first investments that happily sacrifice financial returns for positive societal outcomes.

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Investment focus

  • Industry: B2B, Education, Nutrition
  • Stage:Seed
  • Geography: Kenya, South Africa

Investor stats

  • Total investments: 3
  • Lead/follow: no public data

Portfolio highlights

  • Kwanza Tukule — Kwanza Tukule is a cashless B2B business that offers food supply services to local food vendors.
  • BluLever Educations — Join the artisans & apprentices who are building the future. At BluLever Education you can build your career, business, or the artisan ecosystem with an education partner that believes in artisans. Welcome to our digital home. We offer plumbing and electrical apprenticeships.
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DEG
VC Fund · Overland Park, Kansas, United States · 1 investments in Africa Food and Beverage startups

DEG, a Merkle Company is a full-service digital agency purpose-built to meet clients in the moment with data-driven marketing, commerce, and collaboration solutions.

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Investment focus

  • Industry: Financial Services, FinTech, E-Commerce
  • Stage:Debt Financing, Grant
  • Geography: India, South Africa, Ghana

Investor stats

  • Total investments: 23
  • Lead/follow: no public data

Portfolio highlights

  • BioBuu — BioBuu focuses on the development of manufacturing capacity and environmentally sustainable production.
  • Laprophan — Laprophan gives people access to cutting-edge treatments and therapies. As a result, we are committed to researching, developing, and bringing new, innovative goods to market. dedication to patient-centered care pervades everything we do, from product creation to service delivery.
  • SUN Energy — SUN Energy - Pengembang Proyek PLTS Terkemuka untuk Mendukung Perjalanan Keberlanjutan Perusahaan Anda.
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Praxis
VC Fund · New York, New York, United States · 1 investments in Africa Food and Beverage startups

We are a creative engine for redemptive entrepreneurship, supporting founders, funders, and innovators motivated by their faith to love their neighbors and renew culture.

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Investment focus

  • Industry: Non Profit, Social Assistance, Education
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Malawi, Nigeria

Investor stats

  • Total investments: 101
  • Lead/follow: no public data

Portfolio highlights

  • Church Space — Church Space is a platform that provides flexible shared rental options for renters seeking commercial space at an affordable rate. It was launched in 2019 by founder and CEO Day Edwards.
  • Please Assist Me — One app for all your home management needs. Say goodbye to all of the headache with managing multiple apps, service providers, and arrival times.
  • Parallel Fluidics — Custom microfluidic devices in 3 days.
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Savannah Fund
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in Africa Food and Beverage startups

Savannah Fund is a seed capital fund specializing in US$25,000-US$500,000 investments in early stage high growth technology (web and mobile) startups in sub-Saharan Africa. Initially focused on East Africa, the fund aims to bridge the early stage/angel and venture capital investment gap that currently exists in Africa. The Fund expects toachieve this objective by combining capital with mentor networks both in the region and from Silicon Valley via an accelerator program and a follow-on independent seed fund.The fund is managed by an experienced and technology savvy team that have founded companies or are actively involved in angel investing or having run successful accelerator programs in past but also understand the unique Subsaharan African environment. They are backed and supported by both local, regional and international networks of angels,venture capitalists whose expertise we can draw on to help startups succeed and scale to fully fledged regional or global companies.They believe in the potential for Africa to become a global technology innovator by creating sustainable for profit companies that create jobs and make an impact.

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Investment focus

  • Industry: E-Commerce, FinTech, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Kenya, United States, South Africa

Investor stats

  • Total investments: 38
  • Lead/follow: no public data

Portfolio highlights

  • Oze — OZÉ brings African small businesses into the digital era. It is an app that makes it easy for businesses to track sales, expenses, and customer information. The data is analyzed to provide tailored recommendations, reports, and business education. If the entrepreneur needs a little extra support, an OZÉ Coach is just a click away. As they are usingOZÉ to manage their business and learn how to run it better, we are learning about them. Using this data and machine learning, we can predict their credit risk and provide them with affordable capital from our banking partners. With over 20,000 registered users, OZÉ is the largest online community of SMEs in Ghana. The most exciting thing is that OZÉ works; 97% of businesses that have used OZE for at least 9 months are growing or profitable or both!
  • Root — Launch digital and embedded insurance solutions with omni-channel distribution.
  • Afropolitan — Afropolitan is building a Network State to unleash the maximum potential of Africans around the world. Are you interested? Join us with your email.
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Plug & Play
VC Fund · Munich, Bayern, Germany · 1 investments in Africa Food and Beverage startups

We connect the largest corporations to the world's best startups through industry-focused accelerator programs in Silicon Valley and beyond.

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Investment focus

  • Stage:Seed

Investor stats

  • Total investments: 8
  • Lead/follow: no public data

Portfolio highlights

  • Pipra — PIPRA AG (Pre-Interventional Preventive Risk assessment) is developing a cutting-edge AI-based pre-operative test to assess a patient's risk of suffering from cognitive disorders after surgery.
  • Prismpop — Prismpop is a shopping community where users share their favorite products, shopping advice, product reviews, beauty secrets, fashion tips, food ideas and more.
  • Steady Technologies, Inc. — Steady Rent offers property managers solutions that share the same goal: Remove risk for property owners, boost profits for property managers, and save time with automation.
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AlphaCode Club
VC Fund · Gauteng, NA - South Africa, South Africa · 1 investments in Africa Food and Beverage startups

We are an African venture capital fund, for world-class African entrepreneurs run by seasoned African investors.

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Investment focus

  • Industry: Financial Services, FinTech, Automotive
  • Stage:Grant, Debt Financing
  • Geography: South Africa, United Kingdom

Investor stats

  • Total investments: 26
  • Lead/follow: no public data

Portfolio highlights

  • BriefCo — BriefCo is South Africa's first and only legal cost consultancy leveraging technology. We utilize our own secure online platform to allow for the digital delivery and storage of all documents, thereby reducing the significant costs associated with printing, delivery, and file preparation. ​
  • Vocalysd.ai — Vocalysd is a customer-centric, AI-powered insights tool. Vocalysd unlocks usable, easy-to-digest insights from your conversational data. These insights are key to optimising client interactions and enhancing your customers' experience.
  • Sizanani — Collaboration is at the centre of everything we do. We partner with like-minded organisations to help our users find the best financial products in the market. We are the first WhatsApp-first stokvel solution because we believe that technology is fundamentally meant to create value, not apps.
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Michael Chow
Angel · New York, New York, United States · 1 investments in Africa Food and Beverage startups

Michael Chow is the Founder and CEO of Dart Technologies.

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Investment focus

  • Industry: Financial Services, FinTech, Rental Property
  • Stage:Seed, Grant, Pre-Seed
  • Geography: United States, Kenya

Investor stats

  • Total investments: 7
  • Lead/follow: no public data

Portfolio highlights

  • Teamble — Teamble dramatically improves how managers coach their people and how employees learn and up-skill. Teamble uniquely combines continuous feedback, performance, employee engagement, and learning & development in one AI-based platform, built to drive higher performance.
  • Boom — Boom is the easiest way to build credit credit with your rent. With Boom, report your rent payments to all three credit bureaus for as little as $2 per month. Enroll in minutes.
  • Tembo Health — Seniors deserve the very best care, no matter where they live. Tembo Health partners with nursing homes to provide residents with high quality telemedicine appointments in specialties like psychiatry, cardiology, and more.
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Incofin Investment Management
VC Fund · Antwerp, Antwerpen, Belgium · 1 investments in Africa Food and Beverage startups

Incofin Investment Management (Incofin IM) manages funds that invest in microfinance institutions (MFIs) in developing countries. MFIs provide financial services, such as credits, savings and insurances, to people who cannot have recourse to regular banks. As a specialist in rural microfinancing, Incofin IM’s main goal is to reach out to people wholive in more secluded rural areas and/or who are active in the agricultural sector.

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Investment focus

  • Industry: Financial Services, Finance, FinTech
  • Stage:Series A, Series B
  • Geography: India, Kenya, Myanmar

Investor stats

  • Total investments: 29
  • Lead/follow: no public data

Portfolio highlights

  • Namdev Finvest — Namdev Finvest operates a non-banking finance platform that provides loans to rural and semi-urban agriculture, as well as the priority sector.
  • Spouts of Water — SPOUTS mission is to manufacture and distribute ceramic water filters to provide everyone in Uganda with safe water.
  • Saggraha Management Services — SaGgraha Management Services is a Bottom of the Pyramid financial services provider with a mission to contribute to the country's financial inclusion effort. The company is promoted by a team of professionals with banking, microfinance and financial services experience. The company believes at maintaining highest ethical and professionalstandards, governance and transparency.
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Ground Squirrel Ventures
VC Fund · Boston, Massachusetts, United States · 1 investments in Africa Food and Beverage startups

Seed round investment in frontier markets and clean energy

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Investment focus

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

Investor stats

  • Total investments: 70
  • Lead/follow: no public data

Portfolio highlights

  • Grapevine — Grapevine makes it possible for groups to invite members, collect and distribute donations, establish a community and connect with nonprofits.
  • MindMics — Discover MindMics. The world's most accurate personal heart health monitor and well-being platform. Look after your heart health to live longer and better.
  • Untapped Global — Untapped connects global investors, and foreign capital to opportunities in emerging markets. Delivering competitive returns, and measurable impact for global investors.
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Omidyar Network
VC Fund · Redwood City, California, United States · 1 investments in Africa Food and Beverage startups

Omidyar Network is a philanthropy whose mission is to bend the arc of the digital revolution toward shared power, prosperity, and possibility.

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Investment focus

  • Industry: Financial Services, FinTech, Education
  • Stage:Series A, Seed, Series B
  • Geography: United States, India, Kenya

Investor stats

  • Total investments: 237
  • Lead/follow: no public data

Portfolio highlights

  • RailYatri — Indian Railways Train Enquiry, Insights & IRCTC eTicket booking - RailYatri
  • Agenda Edu — Agenda Edu offers a SaaS communication management and engagement in educational environments assisting educators, caregivers and students.
  • SafeTraces — Delivering veriDART, the first field diagnostic platform leveraging aerosol tracers that safely simulate airborne pathogen mobility and exposure levels.
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Goodwater Capital
VC Fund · Burlingame, California, United States · 1 investments in Africa Food and Beverage startups, 30 in the past 12 months

Goodwater empowers exceptional entrepreneurs everywhere to change the world for the better. They believe consumer technology is a force on earth, shaping culture and transforming the global economy at unprecedented speed and scale. They invest in promising entrepreneurs to solve pressing problems. As a combined force, Goodwater companies are aglobal force for change, poised to measurably improve billions of lives.

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Investment focus

  • Industry: FinTech, Financial Services, E-Commerce
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, India, South Korea

Investor stats

  • Total investments: 380
  • Lead/follow: no public data

Portfolio highlights

  • Stanly — Stanly is a all-access digital fan club, empowering fans worldwide to connect, have fun, and earn rewards.
  • Elevate Pay — Bloom mobile banking app helps in money transfer in Sudan.
  • Zepto — India's fastest grocery delivery service.
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Aruwa Capital
VC Fund · Lagos, Lagos, Nigeria · 1 investments in Africa Food and Beverage startups

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

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Investment focus

  • Industry: FinTech, Big Data, Financial Services
  • Stage:Seed, Series A
  • Geography: Nigeria, United States, France

Investor stats

  • Total investments: 15
  • Lead/follow: no public data

Portfolio highlights

  • MDaaS Global — At MDaaS Global, we build and operate modern, tech-enabled diagnostic centres in clinically-underserved communities, starting in Nigeria. Our big goal is to create affordable healthcare solutions for Africa's next billion.
  • OmniBiz — Omnibiz is a digital platform for small businesses willing to attract new customers.
  • Fastizers — Fastizers Food and Confectionery Limited is a newly formed food production firm in Nigeria that has been approved by the National Agency for Food and Drug Administration and Control (NAFDAC).
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Robert Herjavec
Angel · Toronto, Ontario, Canada · 1 investments in Africa Food and Beverage startups

Robert Herjavec is the CEO at CYDERES.

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Investment focus

  • Industry: Health Care, Pet, Consumer Electronics
  • Stage:Seed, Angel, Pre-Seed
  • Geography: United States, Nigeria

Investor stats

  • Total investments: 10
  • Lead/follow: no public data

Portfolio highlights

  • FreePower — FreePower is the next gen advanced wireless charging technology enabling product & solution innovators to create the charging experience their customers will love
  • Sweetkiwi — Home of the best tasting, mouth-watering, low fat, healthy froyo. Healthy Never Tasted Better!
  • THEMAGIC5 — THEMAGIC5 has reinvented the swimming goggle. THEMAGIC5 swim goggles fit perfectly. They are comfortable to wear and prevent leaking - custom fitted to you.
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Afri Mobility
VC Fund · 1 investments in Africa Food and Beverage startups

Afri Mobility is the venture capital arm of AKWA Group.

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Investment focus

  • Industry: B2B, Food Delivery, Fleet Management
  • Stage:Seed, Convertible Note
  • Geography: Morocco, France

Investor stats

  • Total investments: 7
  • Lead/follow: no public data

Portfolio highlights

  • Lyko — In a simple connection, integrate the planning and sales of thousands of mobility service providers around the world into your platform...
  • VotreColis — VotreColis.ma is a 100% b2b online solution that will help you streamline your delivery service. Facilitate merchant-customer relationships by providing them with a team of deliverers in all Moroccan cities, as well as a platform for managing and optimizing deliveries.
  • VotreChauffeur — VotreChauffeur is a transport and mobility company. They provide vehicles with private drivers. They provide water bottles, Wifi, phone chargers, and magazines in their vehicles. They serve customers.
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Partech
VC Fund · Paris, Ile-de-France, France · 1 investments in Africa Food and Beverage startups

Partech is a global venture capital firm with offices in San Francisco, Paris, Berlin and Dakar. Partech invests in Internet and information technology startups at seed, venture and growth stages.

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Investment focus

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

Investor stats

  • Total investments: 503
  • Lead/follow: no public data

Portfolio highlights

  • Kredete — Kredete is a digital lending platform that provides free credit scores and reports to underserved individuals and small businesses in Africa to help them gain access to formal credit and improve their financial health. The platform connects borrowers with lenders and enterprises in Africa and is designed to simplify the lending process and makecredit more accessible by leveraging cutting-edge technology. Kredete offers a user-friendly platform that guides borrowers, lenders, and enterprises through the process of offering loans, making it simple for them to provide the right loan products for their needs.One of the key features of Kredete is its instant approval process, which is made possible by advanced algorithms and artificial intelligence. The platform offers flexible lending options by partnering with a variety of lenders and enterprises, enabling borrowers to choose the best option for their specific situation.Kredete is committed to protecting the privacy and security of all users' personal and financial information. It uses robust encryption and security measures to ensure that sensitive data remains safe and secure. Additionally, the platform maintains transparency throughout the loan process, providing lenders, enterprises, and borrowers with clear information about loan terms and associated fees.Kredete believes in empowering its users with the knowledge and resources they need to make informed financial decisions. To this end, the platform offers financial education, tools, and resources to help users better understand and manage their finances. Kredete also works closely with businesses and institutions to provide tailored financial solutions for their unique needs.Through its focus on accessibility, convenience, and transparency, Kredete is transforming the lending landscape in Africa and helping to bridge the financial inclusion gap. The platform remains dedicated to its mission of empowering lenders, enterprises, and borrowers across the continent to access the funds they need to achieve their financial goals.
  • auxmoney — Auxmoney is an online peer-to-peer loan marketplace created to offer a means of exchange between people. Its lending platform enables private consumers to borrow from private investors for personal loans, thereby providing borrowers a bank free borrowing system and a return on investment for lenders.
  • Digitail — Grow your practice, offer a modern client experience, and automate routine practice tasks with the proven all-in-one veterinary software.
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