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Top 10 Food and Beverage Startup Investors in Tanzania (August 2026)

The most active venture capital funds and angel investors investing in Tanzania Food and Beverage startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Tanzania Food and Beverage startup companies. Find investors to raise a Pre-Seed, Seed or Grant round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Women Entrepreneurship for Africa
VC Fund
2 Nigeria, Uganda, Cameroon Pre-Seed, Grant Health Care, Agriculture, Food and Beverage
FINCA Ventures
VC Fund
2 Kenya, Nigeria, United States Seed, Grant, Series A Financial Services, Agriculture, FinTech $40k–$4.2M
Goodwell Investments
VC Fund
2 Nigeria, South Africa, Kenya Series A, Series B, Venture - Series Unknown FinTech, Financial Services, Banking $200k–$26M
EDFI Agrifi
VC Fund
2 Kenya, Belgium, Tanzania Debt Financing, Seed, Venture - Series Unknown Agriculture, Fruit, Beauty $1.5M–$3.2M
Ocean Impact Organisation
VC Fund
1 Australia, United States, New Zealand Seed, Pre-Seed, Grant Aquaculture, AgTech, Robotics $10k–$1.7M
Acumen Resilient Agriculture Fund
VC Fund
1 Kenya, Ghana, Tanzania Seed, Series B, Pre-Seed Agriculture, Farming, AgTech $600k–$35M
Whole Foods Market Foundation
VC Fund
1 United States, Senegal, United Kingdom Grant, Debt Financing Non Profit, Education, Agriculture $50k–$570k
elea Foundation for Ethics in Globalization
VC Fund
1 India, Kenya, Mexico Seed, Series A E-Commerce, Agriculture, Food and Beverage $100k–$4.5M
Pearl Capital Partners
VC Fund
1 Uganda, Kenya, Malawi Private Equity, Debt Financing, Seed Agriculture, Farming, Food Processing $5k–$2.6M
Beyond Capital
VC Fund
1 India, United States, Egypt Seed, Pre-Seed, Series B Health Care, Financial Services, Medical Device $357k–$44M
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Women Entrepreneurship for Africa
VC Fund · Lagos, Lagos, Nigeria · 2 investments in Tanzania Food and Beverage 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 — A wellness + farm to skin brand that creates pampering experiences and luxurious natural personal grooming products. Sharing Africa!
  • Mukuru Clean Stoves — Earthshot Prize Winner 2022. We use recycled metal to manufacture improved, efficient and affordable cookstoves.
  • 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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FINCA Ventures
VC Fund · Washington, District of Columbia, United States · 2 investments in Tanzania Food and Beverage startups, 7 in the past 12 months

FINCA Ventures is an impact investing initiative of FINCA International that provides patient capital and support to early-stage social enterprises.

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Investment focus

  • Industry: Financial Services, Agriculture, FinTech
  • Stage:Seed, Grant, Series A
  • Geography: Kenya, Nigeria, United States

Investor stats

  • Total investments: 32
  • Round size: Seed $1.1M–$4M; Grant $40k–$100k; Series A $1.1M–$4.2M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Karpolax — Offering innovative fruit preservation products! For the grower, the packer, and the retailer.
  • Silo Africa — Silo Africa is a Grain Storage & Logistics Startup Company.
  • Affinity — Join over 125,000 who trust the Affinity mobile app to manage their banking needs, from savings to payments, as well as instant loans
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Goodwell Investments
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 2 investments in Tanzania Food and Beverage startups

Goodwell Investments is a pioneering investment firm focused on financial inclusion, fintech and inclusive growth in sectors providing

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Investment focus

  • Industry: FinTech, Financial Services, Banking
  • Stage:Series A, Series B, Venture - Series Unknown
  • Geography: Nigeria, South Africa, Kenya

Investor stats

  • Total investments: 48
  • Round size: Series A $1.5M–$12M; Series B $2M–$26M; Venture - Series Unknown $200k–$1.8M
  • Lead/follow: 56% lead, 44% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • OmniRetail — OmniRetail is a consumer goods distribution platform that solves the inefficiencies of traditional trade by digitizing key stakeholders through its products.
  • Hinckley Recycling — Hinckley Recycling is dedicated to the responsibility of being a good steward of the environment and will in all circumstances aspire to constantly emphasize awareness of the natural environment, whilst maintaining a level of proficiency which demonstrates bona fide leadership in all spheres of the environment.
  • Agent Banking Company — Agent Banking Company provides digital technology solutions that enable access to banking services through bank-approved agents.
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EDFI Agrifi
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 2 investments in Tanzania Food and Beverage startups

AgriFi is financed by the European Union and managed by the EDFI Management Company. Responding to the lack of financing mechanisms it is adapted to smallholders with limited market orientation, vulnerable groups, women and youth, farmers and entrepreneurs.

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Investment focus

  • Industry: Agriculture, Fruit, Beauty
  • Stage:Debt Financing, Seed, Venture - Series Unknown
  • Geography: Kenya, Belgium, Tanzania

Investor stats

  • Total investments: 6
  • Round size: Debt Financing $1.5M–$3.2M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Alterfin — Belgian co-op investing in microfinance and sustainable agriculture in the South since 1994. Tweets in English, French and Dutch.
  • Shamba Pride — Revolutionizing Rural Agriculture Trade Ecosystem for Africa Farmers Traditional farming methods across Africa often depend on synthetic inputs, degrading so...
  • East Africa Fruits — EA Fruits Farm is a business that engages in the large production and distribution of fruits and vegetables. As fruits are an essential part of a human's diet for maintenance of good health and wellbeing, the business will take part in providing the opportunity for Tanzanian citizens and other people overseas to get such fruits and motivatemore people to increase their intake of fruits whereby the company will strive to increase the supply to match the increased demand for fresh fruits and vegetables. The business envisions to be among the leading producers, distributors, and exporters of the fruits within the Country and overseas. The company is a highly profitable and viable business that expects to rise to about 5,000 USD from its current small-scaled operations, while more than 450,000 USD will be raised as a result of further expansion within a period of 2-4 years.
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Ocean Impact Organisation
VC Fund · Sydney, New South Wales, Australia · 1 investments in Tanzania Food and Beverage startups

Ocean Impact Organisation’s purpose is to transform ocean health through inspiration, innovation, and good business.

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Investment focus

  • Industry: Aquaculture, AgTech, Robotics
  • Stage:Seed, Pre-Seed, Grant
  • Geography: Australia, United States, New Zealand

Investor stats

  • Total investments: 18
  • Round size: Seed $65k–$1.7M; Grant $10k–$50k; Pre-Seed $67k–$832k
  • Lead/follow: 89% lead, 11% follow

Portfolio highlights

  • Aquit — Aquit develops preventive treatments for infections in fish that replace antibiotics, improve survival rates, and boost natural immunity.
  • Blue Carbon — Blue Carbon develops ocean-powered technology to cool and restore marine ecosystems, improve water quality, and support sustainable aquaculture. Discover innovative solutions for coral reef restoration, fisheries, desalination, and healthier oceans through renewable ocean technology.
  • Ocean Intelligence — Ocean Intelligence helps aquaculture, port operations and monitoring teams use marine data in day-to-day decisions.
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Acumen Resilient Agriculture Fund
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in Tanzania Food and Beverage startups

Acumen Resilient Agriculture Fund is an equity fund designed to build the climate resilience of smallholder farmers.

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Investment focus

  • Industry: Agriculture, Farming, AgTech
  • Stage:Seed, Series B, Pre-Seed
  • Geography: Kenya, Ghana, Tanzania

Investor stats

  • Total investments: 11
  • Round size: Seed $600k–$7M; Series B $28M–$35M
  • Lead/follow: 55% lead, 45% follow

Portfolio highlights

  • IBISA — Parametric insurance: instant protection against extreme climate hazards
  • SunCulture — At SunCulture, we strive to solve the biggest daily challenges of smallholder farmers. We use off-grid solar technology to provide our customers with reliable access to water, irrigation, lighting, and mobile charging, and we can do all of that with a single system.
  • 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.
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Whole Foods Market Foundation
VC Fund · Austin, Texas, United States · 1 investments in Tanzania Food and Beverage startups, 19 in the past 12 months

Discover how Whole Foods Market Foundation supports global and local communities through nutrition, food access, and poverty alleviation initiatives. Join us in making a difference.

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Investment focus

  • Industry: Non Profit, Education, Agriculture
  • Stage:Grant, Debt Financing
  • Geography: United States, Senegal, United Kingdom

Investor stats

  • Total investments: 52
  • Round size: Grant $50k–$570k; Debt Financing $67k–$449k
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • School Food Matters — School Food Matters teach children about food and improve their access to healthy, sustainable food during their time at school. The company provides fully-funded food education programs to schools, such as cooking, growing, farm visits, and more. Delivering these programs informs and strengthens the organizations' campaigns, bringing thevoices of children, parents, and teachers to government policy. School Food Matters was founded in 2007 and is based in London.
  • Sustainable Food Center — 501(c)(3) Sustainable Food Center transforms the food system to nourish our health, land, and livelihood.
  • Agricultural Institute of Marin — Agricultural Institute of Marin is an educational non-profit organization. They support local farmers, strengthen local economies, increase food access, and improve public health.
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elea Foundation for Ethics in Globalization
VC Fund · 1 investments in Tanzania Food and Beverage startups

elea Foundation for Ethics in Globalization

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Investment focus

  • Industry: E-Commerce, Agriculture, Food and Beverage
  • Stage:Seed, Series A
  • Geography: India, Kenya, Mexico

Investor stats

  • Total investments: 21
  • Round size: Seed $100k–$4.5M; Series A $2M–$4.2M
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • BukaPO — BukaPO is a food and beverage company that provides pulses, rice bowls, and various other snack food services.
  • Toroto — Toroto neutralizes greenhouse gas emissions through nature-based solutions and carbon management. They provide a science-based way for companies and organizations to move closer to carbon-neutral operations. They support companies by measuring and reducing their environmental footprint. They also design forestry and regenerative agricultureprojects that make carbon offsetting possible.
  • MazaoHub — AI-first SaaS connecting soil, farmers, inputs, agronomy care, field operations, traceability and markets through real last-mile intelligence.
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Pearl Capital Partners
VC Fund · Kampala, Kampala, Uganda · 1 investments in Tanzania 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 — We are a company dealing in the production and sale of animal feeds (Pigs, Poultry, Cattle, Rabbit).
  • 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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Beyond Capital
VC Fund · New York, New York, United States · 1 investments in Tanzania Food and Beverage startups

Beyond Capital Fund is an evergreen impact investment fund that invests in for-profit, early-stage companies in East Africa and India. The fund invests in companies that aim to improve access to health care, sanitation, clean energy, agriculture and food security, and financial inclusion, all of which can help consumers at the bottom of theeconomic pyramid live better lives. Despite the fact that the fund seeks market-rate financial returns, Beyond Capital is structured as a nonprofit, allowing the organization to emphasize fidelity to its social mission alongside its financial mandate.Beyond Capital, headquartered in New York, was established in 2009.

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Investment focus

  • Industry: Health Care, Financial Services, Medical Device
  • Stage:Seed, Pre-Seed, Series B
  • Geography: India, United States, Egypt

Investor stats

  • Total investments: 27
  • Round size: Seed $357k–$4M; Pre-Seed $800k–$1.5M; Series B $20M–$44M
  • Lead/follow: 37% lead, 63% follow

Portfolio highlights

  • Wellth — Improve quality scores, reduce high cost utilization, address health equity, and improve member satisfaction by using the right incentive at the right time to create life-changing healthy habits through Wellth.
  • Floworks AI — Deploy AI agents that prospect, personalise emails, handle replies and book meetings 24/7. Floworks AI replaces repetitive SDR work so your team closes more deals.
  • Haqdarshak — Made with Framer
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Food and Beverage Investor funding in Tanzania at a glance

Stats across 13 deals from 9 investors.

9
investors
in Tanzania Food and Beverage startups
13
deals
in Tanzania Food and Beverage startups
$400k
median round
in Tanzania Food and Beverage startups
78%
lead investors
lead at least one round
31%
Private Equity
most common funding stage
100/0
VC / Angel
share of investor count

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