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Top 15 Hardware VC (Venture Capital) Funds in Ghana in January 2026

Last updated: Jan 2026 A list of 15 VC (Venture Capital) funds that invest in Hardware startups based in Ghana. We rank investors based on the number of investments they made in Hardware companies from Ghana. We update this investor list every month.

Top 15 Hardware VC (Venture Capital) Funds in Ghana in January 2026

Investor	Hardware Ghana investments
GreenTec Capital Partners	2
54 Collective	2
British International Investment	1
Persistent	1
Blue Haven Initiative	1
EDFI ElectriFI	1
THE WORLD BANK	1
Standard Bank	1
Investisseurs & Partenaires	1
DEG	1
ImpactAssets	1
Aster	1
Engie	1
E3 Capital	1
Oikocredit International	1

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Investor list

GreenTec Capital Partners is Germany's premier investor into African start-ups and SMEs. GreenTec invests through its unique Results4Equity model, acting as a co-founding partner that is only compensated on business success.

Investment focus

Information Technology, Agriculture, Computer
Seed, Funding Round, Pre-Seed
Kenya, Nigeria, Morocco

Portfolio highlights

Ecodudu — Ecodudu is a waste-to-value company. It uses a proprietary innovation to recycle organic waste into high-protein animal feed and organic fertilizer using the black soldier fly. It harnesses insects (nature’s recycling agents) to address global issues which include waste management, demand for protein, and environmental conservation.
Asilimia — Asilimia is a simple, fun mobile app for sending money through M-PESA quickly and without any transaction fees. Simply deposit money to your M-PESA, download Asilimia and send money for free to any other M-PESA account.
ShapShap — ShapShap enhances delivery experience through its commission-based marketplace by assigning efficient orders to drivers to ensure their sustainability and scalability.

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

Investment focus

Health Care, Information Technology, FinTech
Seed, Pre-Seed, Funding Round
Kenya, Nigeria, South Africa

Portfolio highlights

Billboxx — Empowering SMEs to pay and get paid on time, every time.
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.

British International Investment is the UK's development finance institution. We've been at the forefront of supporting companies in developing countries for more than 70 years.

Investment focus

Financial Services, Banking, Finance
Funding Round, Debt Financing, Series B
India, Nigeria, Kenya

Portfolio highlights

Xurya — Xurya is a renewable energy platform in providing commercial and industrial rooftop owners access to solar lease product on one side. And investors access to a stable and safe investment in rooftop solar plants on the other side. Both are achieved by maintenance service which enables both parties peace of mind.
Grow Indigo — Let's start the transformative movement towards carbon farming in India with expertise of Mahyco and Indigo Ag.
BRAC Bank — BRAC Bank Limited provides various commercial banking products and services in Bangladesh. The company offers retail, wholesale, small and medium enterprises (SME), and Probashi banking products and services. It provides various deposit products, such as current accounts, fixed deposits, SME deposits, savings accounts, and term deposits. Thecompany also offers loan portfolio comprising personal loans, auto loans, home loans, and secured loans/overdrafts.

Africa's Climate Venture Builder - We believe in the power of climate-positive economic development in Africa. For the last decade, we have been working hand in hand with exceptional entrepreneurs, investing both financial and human capital to build successful climate ventures on the continent. Our companies offer competitive financial returns required to drive lasting impact.

Investment focus

Energy, Solar, Renewable Energy
Funding Round, Seed, Series A
Ghana, Germany, Switzerland

Portfolio highlights

EcoNetix — EcoNetix provides a comprehensive solution for ensuring accurate and transparent data while actively contributing to the development of a greener planet and the fulfillment of UNIDO's Sustainable Development Goals.
Hohm Energy — We make the process of going solar simple. Generate your free, custom solar proposal and get matched with an accredited solar provider in under 5 mins.
Circadian Technologies GmbH — AI-driven VPP unlocking revenue for telecom towers.

Blue Haven Initiative is an innovative family office dedicated to putting wealth to work for market returns and positive social and environmental change.

Investment focus

Solar, Energy, Financial Services
Series A, Series B, Seed
Kenya, United States, Ghana

Portfolio highlights

M-KOPA — M-KOPA is the global leader for “pay-as-you-go” energy services for off-grid customers. M-KOPA was established in 2011. Following 2 years of piloting and development, M-KOPA began commercial sales in Kenya in October 2012. M-KOPA expanded to Uganda in 2013 and commences operations in Tanzania in late 2014. Their team includes over 500 staff andwe sell our product through more than 1000 retail agents and shops. The founders of the company are experienced mobile technology innovators who believe in the huge potential of transformative, affordable products designed for underserved consumers. While excellent technology is a pre-requisite, technology alone does not solve for customer needs. Success comes when smart technology is combined with a commitment to on-going, on-the-ground delivery. To that end, M-KOPA is beginning to license its technology to experienced and reputable third parties in markets outside of East Africa (licensing queries should be sent to licensing@m-kopa.com). M-KOPA has developed a proprietary, patented technology platform that combines embedded GSM + mobile payments to revolutionize asset financing in emerging markets. The M-KOPAnet platform has been designed and built from the ground up by our talented team of software engineers, who continue to innovate and improve the system every day. It offers the powerful combination of accounting + customer relationship management + inventory tracking in one complete system. Aside from enabling our business operations to scale at record speed, the M-KOPAnet™ platform captures and processes huge volumes of data, enabling us to improve our proposition, customer service, and security in real-time.
TIBU Health — TIBU Health is a disruptive HealthTech logistics company that provides high-quality healthcare services.
BlueMark — BlueMark is the leading provider of impact intelligence and independent verification for the sustainable and impact investing market.

Impact investment in sustainable energy

Investment focus

Energy, Solar, Renewable Energy
Debt Financing, Funding Round, Series A
United States, Kenya, Nigeria

Portfolio highlights

WeLight — WeLight deploys sustainable and accessible solutions to accelerate energy inclusion in rural areas of Africa.
Sistema.bio — Sistema.bio is a biodigester with biogas appliances. High efficiency biodigesters transform organic waste into renewable biogas.
Amped Innovation — At Amped Innovation, we design breakthrough products for people living on less than four dollars per day. Our first product, the Blossom, is a solar home power system which is the lowest-cost and highest-performance product in its class, at one third the price and twice the power handling of competing systems. We built the Blossom with asoftware-enabled Pay-As-You-Go interface, which allows customers to purchase it in payment installments that are equivalent to what they currently spend on kerosene, while providing much more light, cell-phone charging, and ability to run appliances like televisions and sewing machines.

With 189 member countries, the World Bank Group is a unique global partnership fighting poverty worldwide through sustainable solutions.

Investment focus

Financial Services, FinTech, Software
Grant, Seed, Series B
United States, South Africa, China

Portfolio highlights

Zepz — Zepz is an online service that lets people send money to friends and family living abroad, using a computer, smartphone, or tablet. It is a convenient, low-cost alternative to traditional money transfer companies that use high street agents and charge high fees. Money can be received as a bank deposit, cash pick-up, Mobile Money, or mobile airtimetop-up.Zepz's service is available to senders in 50 countries. They offer transfers to more than 140+ destinations across Europe, Asia, Africa, Australia, and the Americas.
Salomatic — Salomatic is an innovative tech startup based in Tashkent, Uzbekistan, revolutionizing healthcare through AI-enhanced solutions. Our platform empowers doctors by automating clinical documentation, integrating preventive care recommendations, and optimizing workflows. By reducing administrative tasks, Salomatic enables physicians to focus onpersonalized patient care, enhancing efficiency and satisfaction. With proven health impact and localized adaptability, we aim to redefine modern healthcare globally.
Kee Farms Foundation — The Kee Farms Foundation is a non-profit organization that works to mitigate climate change through regenerative ocean and land agriculture.

Open a bank account, get a personal or business loan, make offshore investments and sign up for Internet Banking.

Investment focus

FinTech, Financial Services, Mobile
Debt Financing, Seed, Pre-Seed
South Africa, Ghana, India

Portfolio highlights

Oryx Energies — Oryx Energies provides oil and gas products and services.
Westfalia Fruit — Westfalia Fruit is a multinational supplier of fresh fruit and related processed products to international markets. Part of the Hans Merensky Holdings Group, Westfalia grows, sources and ripens, packs, processes and markets sustainably-grown avocados year round. Its vertically-integrated supply chain enables Westfalia to market quality fruit fromacross the globe.
Grit — Grit is a London-listed specialist in African Impact Real Estate. We invest in, develop and create smart solutions in resilient property sectors across the continent.

Investisseurs et Partenaires

Investment focus

Financial Services, Health Care, Food and Beverage
Funding Round, Seed, Series A
France, Senegal, Côte d'Ivoire

Portfolio highlights

iProcure — iProcure is a Nairobi-based start-up working to optimize the agriculture input supply chain in rural Kenya. iProcure’s web and mobile technology solution improves agriculture retailers’ operations. It lets them manage ordering based on inventory, point of sale activities, and client profiles along with geo-located purchasing patterns, real-timeagent performance and transaction analysis, and built-in mobile payments. As a result, retailers can better predict demand with business intelligence data, improve inventory management, and streamline distribution efficiency.
Trackbit — Trackbit is a cryptocurrency exchange platform.
Lapaire — Discover a wide range of high-quality & affordable eyeglasses at Lapaire Glasses. Book a free vision test with our professional optometrists to help you find your perfect pair of glasses to enhance your vision and style. Shops in 7 african countries: Benin, Ivory Coast, Togo, Burkina Faso, Mali, Kenya and Uganda.

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.

Investment focus

Financial Services, FinTech, E-Commerce
Funding Round, Debt Financing, Grant
India, South Africa, Ghana

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.

ImpactAssets is the preeminent partner for impact investing and philanthropic giving for individuals, families and a range of organizations that want to create positive change for the world.

Investment focus

Software, Health Care, Biotechnology
Seed, Series A, Pre-Seed
United States, India, Mali

Portfolio highlights

Mad capital — Mad Capital is not your normal lender.
Affinity — Join over 100,000 who trust the Affinity mobile app to manage their banking needs, from savings to payments, as well as instant loans
Alpha Design AI — Alpha Design AI is reinventing semiconductor design and verification through advanced AI agent techniques. Alpha Design AI is pioneering an AI-native approach to Electronic Design Automation (EDA), transforming how chips are designed and verified. Our flagship product, ChipAgents, aims to boost RTL design and verification productivity by 10x,driving innovation across industries with smarter, more efficient chip design.

Aster is a Venture Capital firm with offices in 4 major innovation hubs: Paris, London, Tel Aviv and San Francisco. Since 2000, they have partnered with more than 60 teams of entrepreneurs that are transforming markets with disruptive offers and technologies. They are always open to exploring new ideas related to mobility, energy and industrysectors that they have been covering until now. They invest in all stages, with a preference for the early phase.They are more than investors and they intend to act as an ally for entrepreneurs by connecting them to a valuable ecosystem of experts, influencers and business leaders. From marketing to executive talent, their commitment to the growth of their portfolio companies as well as the entire venture ecosystem also involves the commitment of their dedicated Operations team, their innovation strategy consulting firm (Aster Fab) and a crowdfunding branch to further expand opportunities (Aster Crowd).Some of their success stories include Solairedirect (acquired by Engie in 2015), Digital Lumens (acquired by Osram in 2017) and Avantium (IPOed in 2017).

Investment focus

Software, Energy, Manufacturing
Series A, Funding Round, Series B
France, United States, United Kingdom

Portfolio highlights

Otoqi — Otoqi is a vehicle delivery platform that develops connected services and logistics solutions for the automotive professionals.
Neural Concept — Neural Concept is the first AI software for enhanced engineering. Leverage your historical CAD and CAE data to drastically shorten and improve your design cycles.
LevelTen Energy — LevelTen Energy provides transaction infrastructure for buyers, sellers, advisors, and financiers in the renewable energy economy.

ENGIE is a global energy player and an expert operator in the three key sectors of electricity, natural gas and energy services. The Group supports changes in society that are based as much on economic growth as on, social progress and the preservation of natural resources. ENGIE employs 152,900 people worldwide and achieved revenues of €74.7billion in 2014. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main international indices: CAC 40, BEL 20, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe and Euronext Vigeo (World 120, Eurozone 120, Europe 120 and France 20). As a global energy player, ENGIE operates in close to 70 countries on 5 continents. While the Group still intends to maintain its position as a key player in Europe and a leader on the energy transition, it is now a benchmark energy provider in the emerging world.

Investment focus

Energy, Renewable Energy, Solar
Seed, Series A, Funding Round
Singapore, United States, India

Portfolio highlights

TablePointer — TablePointer is the A.I. and intelligent energy solution for small & medium commercial facilities to optimise energy efficiency, manage assets, upgrade profitability, and unlock sustainability gains right away.
Billion Bricks — BillionBricks uses design and technology to reimagine housing, to empower everyone to be a homeowner. We are developing a self-financing, carbon-negative solar home solution that tackles the systemic issues of housing, energy access and climate change.
EIT InnoEnergy — InnoEnergy is industrialising clean tech innovation for a net zero economy. We invest in startups and build industrial value chains.

E3 Capital invests in growing, entrepreneurial businesses in Sub-Saharan Africa addressing the lack of electrification in the region with new technology and innovative business models. The fund is backed by Schneider Electric, the leading energy management multinational, and a number of public-sector investors.

Investment focus

Solar, Energy, Financial Services
Seed, Series A, Series B
Kenya, United States, Mali

Portfolio highlights

Plentify — Plentify connects home appliances with cheaper cleaner energy. It does this with an intelligent residential load management platform which matches demand with clean energy supply for 75% cheaper than batteries. Plentify combines advanced hardware, AI, and user-centric design to create smart home products that delight customers while alsostrengthening electricity systems.
Insight Terra — Insight Terra supports data driven risk management in critical situations where business operations, people and the environment all come together.
Cutstruct — Cutstruct is your one source for bulk construction materials purchase. Get the best prices for cement, steel, granite, sharp sand wood, and more.

Oikocredit is guided by the principle of empowering people. Their experience proves that the most effective and sustainable means of assisting those in need is providing an opportunity to help themselves.

Investment focus

Financial Services, Finance, FinTech
Debt Financing, Series B, Funding Round
India, Nigeria, Kenya

Portfolio highlights

Kaleidofin — Kaleidofin provides a scalable and adaptable platform dedicated to democratizing finance through responsible fintech, empowering every customer. Our name, 'Kaleidofin', symbolizes the transformative power of financial solutions with a digital ecosystem that ensures finance for everyone, everywhere.
Access Bank — Access Bank provides banking products and services to individual and business customers in Ghana. It offers standard savings and current, access advantage, solo, and premier accounts. The company also provides online banking services that include ATM, online access, and point-of-sale terminal services; and bills payment and Western Union moneytransfer services.
Avanti Finance — Avanti Platform is an open-access digital financial spine, flexible enough for users and partners to create, curate and deploy the financial products

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