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Top 50 Internet Startup Investors in Africa (September 2026)

The most active venture capital funds and angel investors investing in Africa Internet startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Africa Internet startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Ventures Platform
VC Fund
23 Nigeria, United States, Kenya Seed, Pre-Seed Financial Services, FinTech, Internet $100k–$4M
LoftyInc Capital
VC Fund
16 United States, Nigeria, Egypt Seed, Pre-Seed, Series A Financial Services, FinTech, Software $100k–$37M
Musha Ventures
VC Fund
14 United States, Nigeria, Kenya Seed, Pre-Seed, Series A Software, Financial Services, FinTech $100k–$10M
Kepple Africa Ventures
VC Fund
13 Nigeria, Kenya, Egypt Seed, Pre-Seed, Series A Financial Services, FinTech, Software $100k–$23M
4DX Ventures
VC Fund
12 Egypt, South Africa, United States Seed, Pre-Seed, Series A FinTech, Financial Services, Logistics $50k–$40M
Launch Africa
VC Fund
11 Nigeria, South Africa, United States Seed, Pre-Seed, Venture - Series Unknown Financial Services, FinTech, Information Technology $200k–$4M
TLcom Capital Partners
VC Fund
10 Nigeria, United States, United Kingdom Series A, Seed Software, Mobile, Information Technology $1.9M–$20M
54 Collective
VC Fund
10 Kenya, Nigeria, South Africa Seed, Pre-Seed Health Care, Information Technology, FinTech $40k–$2M
Future Africa
VC Fund
10 Nigeria, United States, Kenya Seed, Pre-Seed, Series A Financial Services, FinTech, Information Technology $100k–$40M
Golden Palm Investments
VC Fund
10 Nigeria, United States, Egypt Seed, Pre-Seed, Series A Information Technology, Financial Services, Payments $30k–$15M
F6 Ventures
VC Fund
9 Tunisia, France, United Arab Emirates Pre-Seed, Seed E-Commerce, Software, Information Technology $62k–$174k
Oui Capital
VC Fund
8 Nigeria, United States, Kenya Seed, Pre-Seed Financial Services, Finance, Apps $40k–$4.9M
Social Capital
VC Fund
8 United States, Canada, India Seed, Series A, Series B Software, SaaS, FinTech $900k–$46M
Kalon Venture Partners
VC Fund
7 South Africa, Luxembourg, United States Seed, Series A Artificial Intelligence, Apps, Internet $715k–$11M
MNF Ventures
VC Fund
7 Morocco, France, Canada Seed, Series A, Pre-Seed Online Portals, FinTech, Enterprise Software $200k–$1.6M
EchoVC Partners
VC Fund
7 United States, Nigeria, Kenya Seed, Pre-Seed, Series A Financial Services, Information Technology, FinTech $200k–$22M
Proparco
VC Fund
7 India, Kenya, Nigeria Debt Financing, Private Equity, Venture - Series Unknown Financial Services, Energy, Finance $447k–$290M
Idris Ayodeji Bello
Angel
6 Nigeria, United States, Egypt Seed, Angel, Pre-Seed FinTech, Software, Financial Services $425k–$5.1M
Hesham Zreik
Angel
6 United States, India, Nigeria Pre-Seed, Seed, Series A Information Technology, Software, E-Commerce $10k–$5M
Novastar Ventures
VC Fund
6 Kenya, Nigeria, United States Series A, Series B Agriculture, Health Care, FinTech $1.7M–$42M
Antler
VC Fund
6 Singapore, Australia, United Kingdom Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $100k–$29M
Enza Capital
VC Fund
6 Kenya, Nigeria, South Africa Seed, Series A, Venture - Series Unknown Financial Services, E-Commerce, FinTech $1M–$31M
HoaQ
VC Fund
6 Nigeria, United Kingdom, United States Pre-Seed, Seed, Angel FinTech, Financial Services, Internet $100k–$3.3M
Flourish Ventures
VC Fund
6 United States, India, Brazil Series A, Seed, Series B FinTech, Financial Services, Finance $1.3M–$65M
Chandaria Capital
VC Fund
6 Kenya, Nigeria, United States Seed, Series A, Pre-Seed E-Commerce, Financial Services, FinTech $200k–$37M
Soma Capital
VC Fund
5 United States, India, Mexico Seed, Pre-Seed, Series A Software, Artificial Intelligence, FinTech $125k–$35M
CDG Invest
VC Fund
5 Morocco, France, United Arab Emirates Seed, Pre-Seed, Series A Software, Apps, Financial Services $200k–$19M
Newfund
VC Fund
5 France, United States, Canada Seed, Series A Software, Information Technology, SaaS $1.1M–$15M
Timon Capital
VC Fund
5 Nigeria, Kenya, United States Seed, Series A, Pre-Seed Financial Services, Information Technology, FinTech $100k–$30M
Newtown Partners
VC Fund
5 South Africa, United States, Ghana Seed, Series A, Venture - Series Unknown Logistics, Software, Health Care $600k–$30M
Resilience17
VC Fund
5 Nigeria, Kenya, Ghana Seed, Pre-Seed Sports, Finance, Outdoors $100k–$12M
UNCOVERED FUND
VC Fund
5 Nigeria, Kenya, United States Seed, Series A, Pre-Seed FinTech, Financial Services, E-Commerce $700k–$40M
Ingressive Capital
VC Fund
5 Nigeria, United States, Egypt Pre-Seed, Seed, Series A Financial Services, FinTech, Information Technology $25k–$15M
Miles Morland
Angel
5 Mozambique Pre-Seed Internet, Education, Publishing $7k–$12k
CRE Venture Capital
VC Fund
5 Nigeria, South Africa, United States Seed, Series A, Pre-Seed Financial Services, Software, FinTech $250k–$21M
Microtraction
VC Fund
5 Nigeria, United States, Ghana Pre-Seed, Seed, Angel Financial Services, FinTech, Software $30k–$1.3M
Alumni Ventures
VC Fund
4 United States, United Kingdom, Canada Seed, Series A, Series B Software, Artificial Intelligence, Information Technology $880k–$75M
Janngo
VC Fund
4 Nigeria, United States, France Seed, Pre-Seed, Series A E-Commerce, Financial Services, B2B $400k–$18M
Olugbenga Agboola
Angel
4 Nigeria, Kenya, United States Pre-Seed, Seed FinTech, Financial Services, Payments $625k–$7.5M
Alameda Research
VC Fund
4 United States, Singapore, United Kingdom Seed, Venture - Series Unknown, Series A Blockchain, Cryptocurrency, Financial Services $250k–$40M
Vinny Lingham
Angel
4 United States, South Africa, United Kingdom Seed, Angel Blockchain, Cryptocurrency, Internet $125k–$5.6M
MaC Venture Capital
VC Fund
4 United States, Nigeria, Kenya Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $120k–$35M
Bpifrance
VC Fund
4 France, United States, Switzerland Seed, Series A Software, Information Technology, Health Care $757k–$34M
SEEK
VC Fund
4 Australia, United States, United Kingdom Series A, Series B Human Resources, Software, Recruiting $4.6M–$70M
Lynett Capital
VC Fund
4 United States, Kenya, Nigeria Seed, Series A, Pre-Seed FinTech, SaaS, Software $230k–$49M
Yves Guillemot
Angel
4 Nigeria Seed, Series A Logistics, E-Commerce Platforms, Location Based Services $500k–$2M
Platform Capital
VC Fund
4 United States, Kenya, Nigeria Seed, Pre-Seed, Series A Health Care, Lending, Financial Services $100k–$37M
Michael Seibel
Angel
4 United States, Nigeria, United Kingdom Pre-Seed, Seed, Series A Artificial Intelligence, Software, Information Technology $500k–$21M
Atlantica Ventures
VC Fund
4 Nigeria, South Africa, United States Seed, Pre-Seed, Series A Software, FinTech, Information Technology $450k–$3.7M
Blockchain Founders Fund
VC Fund
4 United States, United Kingdom, Singapore Seed, Pre-Seed Blockchain, Cryptocurrency, FinTech $200k–$6M
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Ventures Platform
VC Fund · Abuja, Federal Capital Territory, Nigeria · 23 investments in Africa Internet startups

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

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Investment focus

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

Investor stats

  • Total investments: 171
  • Round size: Seed $100k–$4M; Pre-Seed $100k–$2M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: Likely actively investing — fresh fund, raised $84M in 2025

Portfolio highlights

  • Myka.Insure — Myka is a insurance sales platform that enables individuals to sell insurance policies to their family, friends, colleagues, and community while earning income . It operates as a micro-entrepreneurship program where anyone (students, gadget sellers, car dealers, parents, retirees) can start their own insurance business with zero investment,flexible hours, and free training . The company is licensed by the National Insurance Commission of Nigeria and provides instant payouts to its partners .
  • Cybervergent — Cybervergent is a technology company that specializes in providing top-notch cybersecurity solutions to businesses and organizations.
  • Traction Apps — Traction apps provide businesses end to end tools they need to run and grow their businesses.
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LoftyInc Capital
VC Fund · Carmel, California, United States · 16 investments in Africa Internet 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: 187
  • Round size: Seed $100k–$5M; Pre-Seed $100k–$2.4M; Series A $250k–$37M
  • Lead/follow: 12% lead, 88% follow
  • Last fund: Likely actively investing — fresh fund, raised $43M in 2025

Portfolio highlights

  • Cauridor — Cauridor is a Financial Services company.
  • WafR — WafR is a reward-based loyalty startup that allows users to earn phone recharges while shopping at retail shops.
  • Nucleon Security — Zero-Trust and ML-based Endpoint Detection and Response Platform #EDR #FDR #EndpointSecurity
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Musha Ventures
VC Fund · New York, New York, United States · 14 investments in Africa Internet 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: 213
  • Round size: Seed $120k–$7.5M; Pre-Seed $100k–$3M; Series A $2.5M–$10M
  • Lead/follow: 2% lead, 98% follow

Portfolio highlights

  • HoneyCoin — HoneyCoin is a web3/web2 ecosystem of products built in a way that abstracts complexity and brings all the value of web3 and web2 to the forefront.
  • Zeno — Zeno is a climate conscious motor company that offers eco-friendly motorcycles.
  • Lori Systems — Lori Systems is revolutionizing African logistics through innovative technology solutions. We connect shippers, transporters, and drivers to create efficient, reliable, and transparent supply chains across Africa.
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Kepple Africa Ventures
VC Fund · Tokyo, Tokyo, Japan · 13 investments in Africa Internet startups

Kepple Africa Ventures is an early-stage venture capital firm.

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Investment focus

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

Investor stats

  • Total investments: 85
  • Round size: Seed $500k–$4.5M; Pre-Seed $100k–$3.4M; Series A $1.1M–$23M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • 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
  • Intmax — INTMAX has developed significant innovations in ZK implementation making it a unique Layer2 rollup network that offers low cost, security, tunable privacy, and above all, scalability.
  • TIBU Health — TIBU Health is a disruptive HealthTech logistics company that provides high-quality healthcare services.
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4DX Ventures
VC Fund · Brooklyn, New York, United States · 12 investments in Africa Internet startups

4DX Ventures is a Pan-Africa Focused Venture Capital Firm. Our mission is to connect people, ideas, and capital to create a vibrant African community.

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Investment focus

  • Industry: FinTech, Financial Services, Logistics
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Egypt, South Africa, United States

Investor stats

  • Total investments: 99
  • Round size: Seed $456k–$8M; Pre-Seed $50k–$6.5M; Series A $3M–$40M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely still investing — raised $49M in 2024

Portfolio highlights

  • Anda Africa — Anda is Angola’s leading mobility fintech platform, providing asset financing, ride hailing, and delivery services to empower mobility entrepreneurs. Built for emerging markets, Anda bridges the credit gap by financing productive assets such as motorcycles, tricycles, and cars, enabling drivers to own their vehicles, increase their earnings, andenter the formal economy. Through technology driven credit profiling and fully digitized payments, Anda creates financial identities for people who were previously underserved and unlocks responsible access to financial services. As an impact driven company, Anda brings together mobility, financing, and digital payments to deliver safe, affordable, and inclusive transportation while enabling a new generation of financially empowered entrepreneurs.
  • Aether Bio — Aether uses its state of the art platform to rapidly engineer enzymes, enabling our customers to manufacture complex and novel products at fractional cost.
  • Aethex — End to end voice agents localized for your market.
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Launch Africa
VC Fund · Ebène, Plaines Wilhems, Mauritius · 11 investments in Africa Internet startups, 7 in the past 12 months

Launch Africa is a leading Pan-African VC fund solving the significant funding gap in the Seed and pre-Series A investment landscape in Africa

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Zazu — Zazu is an all-in-one financial platform for African SMEs, helping businesses manage payments, automate cash flow, and access real-time financial insights from one simple dashboard.
  • Fincart — Fincart is a leading shipping platform in Egypt, connecting your business with top courier services, automating operations, and helping you scale your eCommerce logistics.
  • Udu Technologies — Udu Technologies is an AI infrastructure company that offers GPU systems, AI platform integration, and technical support services.
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TLcom Capital Partners
VC Fund · London, England, United Kingdom · 10 investments in Africa Internet startups

TLCOM finds and funds exceptional founders building technology companies across Africa. Seed to Series C. Lagos, Nairobi, London.

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Investment focus

  • Industry: Software, Mobile, Information Technology
  • Stage:Series A, Seed
  • Geography: Nigeria, United States, United Kingdom

Investor stats

  • Total investments: 76
  • Round size: Seed $1.9M–$8.5M; Series A $3.8M–$20M
  • Lead/follow: 57% lead, 43% follow
  • Last fund: Likely still investing — raised $150M in 2022

Portfolio highlights

  • HoneyCoin — HoneyCoin is a web3/web2 ecosystem of products built in a way that abstracts complexity and brings all the value of web3 and web2 to the forefront.
  • Myka.Insure — Myka is a insurance sales platform that enables individuals to sell insurance policies to their family, friends, colleagues, and community while earning income . It operates as a micro-entrepreneurship program where anyone (students, gadget sellers, car dealers, parents, retirees) can start their own insurance business with zero investment,flexible hours, and free training . The company is licensed by the National Insurance Commission of Nigeria and provides instant payouts to its partners .
  • LittleFish — Full stack enterprise platform that extends your infrastructure, instead of replacing it.
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54 Collective
VC Fund · Johannesburg, NA - South Africa, South Africa · 10 investments in Africa Internet 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: 112
  • Round size: Seed $40k–$2M; Pre-Seed $40k–$1.3M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • Yeah — Yeah is a financial technology company that offers payment processing services while building a credit profile for the banked and unbanked.
  • 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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Future Africa
VC Fund · San Francisco, California, United States · 10 investments in Africa Internet startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • STEM Cafe — STEMCafe by RVRB is a fun out of school learning centre for kids
  • Juicyway — The new shape of money? Fluid. Access global currencies with Juicyway. Buy, sell, hold, and pay globally using our fast APIs, web, or mobile apps. Download now.
  • Lori Systems — Lori Systems is revolutionizing African logistics through innovative technology solutions. We connect shippers, transporters, and drivers to create efficient, reliable, and transparent supply chains across Africa.
Show all investments...

Golden Palm Investments
VC Fund · Accra, Greater Accra, Ghana · 10 investments in Africa Internet startups

Golden Palm Investments is an investment holding and advisory company.

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Investment focus

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

Investor stats

  • Total investments: 86
  • Round size: Seed $230k–$6M; Pre-Seed $30k–$6.5M; Series A $3M–$15M
  • Lead/follow: 5% lead, 95% follow
  • Last fund: May invest from a new fund soon — last raise in 2014

Portfolio highlights

  • Talstack — Talstack is an all-in-one platform for employee growth and development
  • MAKA — MAKA is a community commerce platform for fashion and beauty, enabling everyone to discover their style, feel represented.
  • Renda — At Renda, we are passionate about revolutionizing the logistics and mobility sectors with cutting-edge technology that enables businesses and operators to seamlessly scale in emerging markets.
Show all investments...

Access 48,091 investors

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

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F6 Ventures
VC Fund · Tunis, Tunis, Tunisia · 9 investments in Africa Internet startups

Flat6Labs is the MENA region’s leading seed and early stage venture capital firm, currently running the most renowned startup programs in the region. Annually, Flat6Labs invests in more than 100 innovative and technology-driven startups enabling thousands of passionate entrepreneurs to achieve their daring ambitions and ultimately becoming theirinstitutional co-founders.

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Datasphera — Datasphera's Exacctly SaaS monitors support conversations between customers and support agents and detects situations (like urgency, requests, dissatisfaction,...) and emotions (like happiness, anger, distress,...) to quantify customer satisfaction and offer real-time actions (Automated alerts on critical issues, ticket escalation, agentassistance to reply).
  • True Delta — True Delta is a data management and processing company. They are document recognition and data reconciliation processes. They offer data extraction from documents using ocr techniques, fast onboarding and data integration,and efficient data reconciliation with intelligent matching tools and less coding .
  • Bako Motors SAS — Bako Motors SAS is a motor vehicle manufacturing company that develops solar electric vehicles. manufacturer of electric vehicles with the goal of creating long-term fixes for rural areas' transportation issues with regard to people, cargo, and machinery. The business makes electric cars as well as solutions for clean energy generation andstorage that are infinitely scalable, providing users with inexpensive and environmentally friendly e-mobility.
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Oui Capital
VC Fund · Belmont, Massachusetts, United States · 8 investments in Africa Internet startups

Oui Capital is an Africa-focused VC firm backing tech-enabled businesses at the pre-seed & seed stage.

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Investment focus

  • Industry: Financial Services, Finance, Apps
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 36
  • Round size: Seed $600k–$4.9M; Pre-Seed $40k–$1.3M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: Likely still investing — raised $30M in 2022

Portfolio highlights

  • Cauridor — Cauridor is a Financial Services company.
  • Maad — Maad is Francophone Africa's fastest-growing B2B marketplace, based in Dakar, Senegal. Our tech-driven solution allows retailers to order products from our one-stop shop and benefit from working capital loans
  • Herconomy (Ex AGS Tribe) — Herconomy is a platform that allows women build their finances, capacity, collaborate and access opportunities.
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Social Capital
VC Fund · Palo Alto, California, United States · 8 investments in Africa Internet startups

At Social Capital, we make big bets on transformational ideas, technology, and people.

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Investment focus

  • Industry: Software, SaaS, FinTech
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, India

Investor stats

  • Total investments: 470
  • Round size: Seed $900k–$6M; Series A $3.5M–$20M; Series B $8.5M–$46M
  • Lead/follow: 26% lead, 74% follow
  • Last fund: May invest from a new fund soon — raised $600M in 2018

Portfolio highlights

  • Athos — Athos uses EMG real-time biofeedback to help you go from guessing to knowing if you are performing at your best. #BuildBetterAthletes
  • ZeroBrush — Clean every surface of your teeth, every time, all at once. ZERObrush is a groundbreaking oral care mouthpiece built from a 3D model of your teeth and designed to clean the hard to reach places better than a manual toothbrush.
  • Biz AI Last — Your dedicated IT department. AI-assisted triage, live expert support via chat, remote connection to fix issues directly, and on-site technicians when needed.
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Kalon Venture Partners
VC Fund · Johannesburg, NA - South Africa, South Africa · 7 investments in Africa Internet startups

A growing number of South Africans are investing in venture capital companies that operate under Section 12J of the Income Tax Act. Contact us now.

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Investment focus

  • Industry: Artificial Intelligence, Apps, Internet
  • Stage:Seed, Series A
  • Geography: South Africa, Luxembourg, United States

Investor stats

  • Total investments: 21
  • Round size: Seed $715k–$3M; Series A $2.5M–$11M
  • Lead/follow: 62% lead, 38% follow

Portfolio highlights

  • GoMetro — Fleet management simplified with GoMetro. Integrate telematics, gain real-time visibility, and optimize operations with a secure, scalable platform,
  • Sendmarc — Manage your organization's DMARC, SPF, and DKIM with world-class implementation services and support. All in one easy-to-use platform.
  • visionAI — Discover how AI MES software enhances factory efficiency and reduces blindspots to minimize equipment downtime and boost productivity.
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MNF Ventures
VC Fund · Casablanca, Grand Casablanca, Morocco · 7 investments in Africa Internet 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

  • CleanMob — CleanMob is a Car Greetech B2B, whose mission is to decarbonize and optimize corporate vehicle fleets.Its proprietary technology combining AI algorithms, modeling and simulation, with data from smartphone sensors and connected vehicles, frees users from the need to install a telematics box, thus facilitating large-scale deployment for vehiclefleet managers.
  • ZSystems — ZSystems is a transformative super app designed to redefine B2B trade.
  • Upfund — Upfund is a real estate company that provides reliable data on office, retail, and business premises. Upfund is a digital solution designed to respond to most commercial real estate business issues. They develop tools perfectly adapted to clients' requests in a remarkable time. Founded in 2022 and is located in Paris, France.
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EchoVC Partners
VC Fund · Lagos, Lagos, Nigeria · 7 investments in Africa Internet startups

EchoVC Partners is a seed and early-stage venture capital firm focused on financing and cross-pollinating leading technologies, teams, business models, and knowledge across North America, Africa, and SE Asia. The average investment size ranges from $25,000 to several million dollars depending on the stage of opportunity and capital needs of thebusiness.

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Investment focus

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

Investor stats

  • Total investments: 73
  • Round size: Seed $200k–$4M; Pre-Seed $200k–$2.2M; Series A $1.2M–$22M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: Likely still investing — raised $2.5M in 2023

Portfolio highlights

  • Rivy — Access flexible financing for solar energy projects with Rivy. Power homes, businesses, and communities with clean, affordable energy.
  • Printivo — Design & print Business Cards, flyers, mugs and other print products online and we will deliver your doorstep. Get instant quotes.
  • Rana Energy — No. 1 Solar Community in Africa
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Proparco
VC Fund · Paris, Ile-de-France, France · 7 investments in Africa Internet startups

Proparco is devoted to private sector funding in the sustainable development sector.

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Investment focus

  • Industry: Financial Services, Energy, Finance
  • Stage:Debt Financing, Private Equity, Venture - Series Unknown
  • Geography: India, Kenya, Nigeria

Investor stats

  • Total investments: 139
  • Round size: Debt Financing $447k–$290M; Private Equity $10M–$60M; Venture - Series Unknown $1.9M–$72M
  • Lead/follow: 45% lead, 55% follow

Portfolio highlights

  • BasiGo — BasiGo is an early-stage e-mobility start-up looking to revolutionize the public transportation sector by providing matatu owners with a cost-effective electric alternative to diesel buses.
  • Ecoener — Ecoener is a renewable energy company that develops, builds, operates, and maintains electricity generation projects based on clean energy sources. The company works across hydropower, wind, and solar photovoltaic technologies, managing the full lifecycle of energy facilities from early development and engineering to construction and long-termoperation. It also engages in energy commercialization activities that support the sale and distribution of electricity generated from its assets. Ecoener handles project planning, permitting, environmental assessment, and technical design as part of its infrastructure development process. The company operates and expands renewable energy plants across multiple international markets while integrating maintenance and operational management services for its facilities. It also participates in storage-related and hybrid energy projects that combine different renewable technologies to support grid stability and energy supply efficiency.
  • ETG — ETG, established in 1967, is one of the largest and fastest growing integrated agricultural conglomerates in sub-Saharan Africa, importing and exporting soft commodities to and from 48 countries including Tanzania, Kenya, Malawi, Mozambique, Nigeria and South Africa. It also has supply chain operations in China, India, America, Middle East, andSouth East Asia; merchandising desks in Europe, and; treasury companies in Singapore, Mauritius and UAE. Globally, ETG is present across 48 countries. ETG runs its business under five business verticals: 1. Fertilizer and Farm Inputs: ETG is one of the largest importers and distributors of fertilizers and farm inputs in sub-saharan africa 2. Cash traded products: Pulses, Sesame seed, Cashew and Rice are key commodities in this vertical. ETG is the world largest trader and processor of Pulses as well as world largest trader for raw cashew nuts. 3. Exchange traded commodities: Grains & oilseeds, sugar, coffee, cocoa, maize and soybean are key products in this segment. ETG is one of the major players for maize and soybean in sub-shara africa 4. Consumer Branded (Vamara): ETG operates multiple processing plants across 14 countries to manufacture products that are targeted to African consumers. ETG has 22 brands in its portfolio that offers products from vegetable cooking oil, condiments, and spreads, etc. 5. Logistics: ETG operates a very successful and integrated Logistics platform. ETG has a network of more than 400+ warehouses across 32 countries and a fleet of more than 900 trucks. ETG provided end-to-end Logistics services across sub-Sahara Africa.
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Idris Ayodeji Bello
Angel · 6 investments in Africa Internet startups

The 'Afropreneur' (entrepreneur with an African focus), as he self-describes, Idris Ayodeji Bello is a Partner at LoftyInc Allied Partners Limited and co-founder of The Wennovation Hub, an innovation platform based in Nigeria, that has successfully accelerated the launch of several technology start-ups in social impact sectors. He isalso a Founding Partner at Loftyinc Capital Management, owners of the Afropreneurs Fund (I&II)The 'Afropreneur' (entrepreneur with an African focus), as he self-describes, Idris Bello is a Partner at LoftyInc Allied Partners Limited and co-founder of The Wennovation Hub, an innovation platform based in Nigeria, that has successfully accelerated the launch of several technology start-ups in social impact sectors. He is also a Founding Partner at Loftyinc Capital Management, owners of the Afropreneurs Fund (I&II)A first class honors graduate of Computer Engineering from Obafemi Awolowo University, Nigeria, he has an M.Sc in Computer Science & Data Mining from the University of Houston; an MBA in Entrepreneurship & Strategy from Rice University in Houston and an M.Sc in Global Health Science from the University of Oxford, where he was a 2011 recipient of The Lord Weidenfeld Scholarship for demonstrating remarkable potential as a future leader from an emerging economy.Idris spent the greater part of a decade working at Chevron Corporation and ExxonMobil USA, where he led several large upstream technology projects across the USA and Sub-Saharan Africa. Idris has also worked with the Clinton Foundation Health Access Initiative where he played a major role in the deployment and evaluation of Swaziland’s first mobile health patient appointment reminder system as part of the country’s National AIDS Program. Listed among CNN’s Top Ten African Technology Voices, he is a Singularity University Impact Fellow, Harambe Entrepreneur Alliance Associate, Clinton Global Initiative University Fellow, MIT Global Start-up Fellow, SAP Ashoka Global Changemakers Award Winner, Dell Technology Award Winner, StartingBloc Innovation Fellow and a Nigeria Leadership Initiative Future Leader.As a leader, Idris has mentored and catalyzed scores of contributors across the growing African landscape and is an angel investor and advisor to several African startups including Andela, Flutterwave, RelianceHMO, among others. He continues to devote his efforts to the development of innovation-driven, technology-enabled social enterprises that empower the underserved and develop transformative ideas to change lives on the African continent.He spends most of his time between Lagos, Cairo, or airport lounges.

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Investment focus

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

Investor stats

  • Total investments: 39
  • Round size: Seed $450k–$5.1M; Pre-Seed $425k–$1.1M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • ScholarX — ScholarX enables you to study a variety of skills online, receive money for your education, upskill your employees, and expand your business. The company provides low-income Africans with digital and affordable education.
  • Jem — We give employers the ability to send company-wide communications, deliver payslips, manage leave & give employees access to their earnings, via WhatsApp.
  • Bata Shoe Organization — Discover a diverse selection of stylish footwear and accessories for the entire family at Bata's online store. From athletic sneakers to elegant designs, find the latest trends and comfortable options in one place. Shop now to experience unmatched style and comfort with our extensive collection.
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Hesham Zreik
Angel · Dubai, Dubai, United Arab Emirates · 6 investments in Africa Internet startups

Hesham Zreik is the CEO of FasterCapital. He previously worked at DreamApps as a Project Manager. Hesham attended the University of Westminster.

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Investment focus

  • Industry: Information Technology, Software, E-Commerce
  • Stage:Pre-Seed, Seed, Series A
  • Geography: United States, India, Nigeria

Investor stats

  • Total investments: 1141
  • Round size: Seed $20k–$2M; Pre-Seed $10k–$1M; Series A $170k–$5M
  • Lead/follow: 53% lead, 47% follow

Portfolio highlights

  • Dimu Paypoint — Dimu is a financial technology startup focused on expanding access to digital financial services in Malawi.
  • Excel And Impact Agro — Excel And Impact Agro aims to tackle the chronic shortage of vegetable production in Côte d'Ivoire.
  • JLC Industry Of Tomato Paste Sarl U — JLC Industry is a Togolese agro-industrial startup dedicated to the production, processing, and commercialization of tomato concentrate.
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Novastar Ventures
VC Fund · Nairobi, Nairobi Area, Kenya · 6 investments in Africa Internet startups

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

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Investment focus

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

Investor stats

  • Total investments: 69
  • Round size: Series A $1.7M–$24M; Series B $3.5M–$42M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely actively investing — fresh fund, raised $147M in 2026

Portfolio highlights

  • Soko — SOKO produces innovative, ethical jewelry and accessories from sustainable materials in Nairobi, Kenya
  • MAX — Make mobility accessible, safe, reliable, and sustainable for 1 billion Africans
  • Sistema.bio — Sistema.bio is a biodigester with biogas appliances. High efficiency biodigesters transform organic waste into renewable biogas.
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Antler
VC Fund · Singapore, Central Region, Singapore · 6 investments in Africa Internet startups

Build your next company with Antler, a global day zero investor enabling exceptional founders to start great companies, from the very beginning. Apply now!

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Singapore, Australia, United Kingdom

Investor stats

  • Total investments: 2372
  • Round size: Seed $158k–$4.5M; Pre-Seed $100k–$587k; Series A $4.1M–$29M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely actively investing — fresh fund, raised $7.5M in 2026

Portfolio highlights

  • Two — Buy Now, Pay Later for your business customers. Two makes it easy and safe to offer invoice as a payment method on your e-commerce site.
  • Forti Foods — The mission of Forti Foods is to enhance communities and change lives beyond the plate by fostering resilience and dignity via sustainable food innovation.
  • RubiLabs — RubiLabs Inc provides a platform for unifying, monitoring, and analyzing organizational data. RubiLabs software enables analysts and operators across risk, compliance, and security teams to collaborate and interpret large volumes of information in real time. The company’s platform is designed to help institutions make sense of complex, fragmenteddata by transforming it into a coherent operational picture for risk detection, continuous monitoring, and investigative workflows.
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Enza Capital
VC Fund · Nairobi, Nairobi Area, Kenya · 6 investments in Africa Internet startups, 6 in the past 12 months

Venture investor in high-growth Founders and Teams using technology to solve large and meaningful problems across Africa

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Investment focus

  • Industry: Financial Services, E-Commerce, FinTech
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Kenya, Nigeria, South Africa

Investor stats

  • Total investments: 53
  • Round size: Seed $1M–$8M; Series A $3.6M–$31M; Venture - Series Unknown $2.6M–$17M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: Likely still investing — raised $58M in 2023

Portfolio highlights

  • Yakeey — Yakeey is an end-to-end transactional marketplace that radically simplifies the experience of buying, selling and renting real estate.We leverage on data and technology to connect all real estate market players through a state of the art platform, create a chain of trust and powerful network effects and accelerate transactions.Yakeey is builton a community of real estate advisors, YakeeyPRO, to deliver a continuous professional and tailored service at every step of the transaction.
  • Orca Fraud — Orca empowers fraud fighters with effective tools to combat fraud
  • Aethex — End to end voice agents localized for your market.
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HoaQ
VC Fund · Dublin, Dublin, Ireland · 6 investments in Africa Internet startups

Startup Investment Club

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Investment focus

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

Investor stats

  • Total investments: 29
  • Round size: Seed $1.7M–$3.3M; Angel $100k–$130k; Pre-Seed $115k–$1M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Chowdeck — Order food, groceries, drinks, medicines & everyday essentials from top restaurants, pharmacies, local markets, and stores near you. Fast delivery with Chowdeck.
  • Klas — Anyone, anywhere can teach online. Create & sell your ebooks, courses, and live classes- all on Klas.
  • La Ruche Health Inc. — LaRuche Health offers inclusive apps that simplify care delivery and improve patient access to preventive healthcare services.
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Flourish Ventures
VC Fund · Redwood City, California, United States · 6 investments in Africa Internet startups, 16 in the past 12 months

We are an early-stage global venture capital firm investing in fintech founders.

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Investment focus

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

Investor stats

  • Total investments: 242
  • Round size: Seed $1.3M–$8.5M; Series A $5.5M–$25M; Series B $10M–$65M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: Likely still investing — raised $350M in 2023

Portfolio highlights

  • Cauridor — Cauridor is a Financial Services company.
  • Stream — Stream is a company that helps make payments simpler, faster, and reliable.
  • Jurisphere — Jurisphere.ai is an enterprise-grade AI platform tailored for law firms and in-house legal teams, integrating document review, legal research, drafting, and workflow automation into a unified workspace. The company's platform uses attorney verified AI workflows to surface relevant cases and insights from large volumes of legal documents,generate and refine contract drafts.
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Chandaria Capital
VC Fund · Nairobi, Nairobi Area, Kenya · 6 investments in Africa Internet 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, Financial Services, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Kenya, Nigeria, United States

Investor stats

  • Total investments: 51
  • Round size: Seed $250k–$6M; Pre-Seed $200k–$3M; Series A $2M–$37M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Klub — India's leading Revenue Based Financing platform with a vision to revolutionize growth capital. Join the Klub for fast, fair & flexible funding.
  • Nuzo — Nuzo offers cheaper payments and crypto rewards and ways to save and earn with staking and bill pay options.
  • African Originals — African Originals food and beverage company that offers authentic African craft beverages using traditional reciepies.
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Soma Capital
VC Fund · San Francisco, California, United States · 5 investments in Africa Internet 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: 1060
  • Round size: Seed $1.2M–$8.5M; Pre-Seed $125k–$3.8M; Series A $5M–$35M
  • Lead/follow: 2% lead, 98% follow
  • Last fund: Likely actively investing — fresh fund, raised $37M in 2026

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.
  • modus — Modus - The Context Warehouse for Enterprise AI. Automatically mine, compose, and deliver intent-based context to any AI platform. Backed by Insight Partners.
  • Cambium — Cambium Carbon is an early stage social enterprise start up focused on implementing systems-level natural climate solutions centered on reforestation and urban wood reuse.
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CDG Invest
VC Fund · Rabat, Rabat-Sale-Zemmour-Zaer, Morocco · 5 investments in Africa Internet startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Klaim — Klaim is an InsureTech platform offering a SaaS medical claim management and financing platform all in one. They provide them with total visibility on their revenue cycle, increase their revenue through reduced claim processing time and errors, and faster payments.
  • Yakeey — Yakeey is an end-to-end transactional marketplace that radically simplifies the experience of buying, selling and renting real estate.We leverage on data and technology to connect all real estate market players through a state of the art platform, create a chain of trust and powerful network effects and accelerate transactions.Yakeey is builton a community of real estate advisors, YakeeyPRO, to deliver a continuous professional and tailored service at every step of the transaction.
  • MYCOPHYTO — Co-created in July 2016 by Justine LIPUMA, PhD in microbiology, and Christine PONCET-DOISE, Senior Research Engineer at INRA, MYCOPHYTO is the result of 30 years of experimentation in biological crop protection.
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Newfund
VC Fund · Paris, Ile-de-France, France · 5 investments in Africa Internet startups

Newfund is a $300M entrepreneurial VC firm dedicated to pre-seed and seed investments in France and North America, in companies driving global change. The company is always looking for founders who are driven to realize a vision that will significantly alter the world in which we live. In order to appreciate what entrepreneurs are creating andutilize their strengths, Newfund aims to comprehend entrepreneurs as unique individuals.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Series A
  • Geography: France, United States, Canada

Investor stats

  • Total investments: 192
  • Round size: Seed $1.1M–$6M; Series A $2.2M–$15M
  • Lead/follow: 45% lead, 55% follow
  • Last fund: Likely still investing — raised $65M in 2023

Portfolio highlights

  • Zinier — Zinier builds customizable field service management software that enables you to create the field service workflows you need, without touching a line of code.
  • Moodwork — Moodwork provides a digital platform for workplace mental health that combines AI with human expertise to support employees through assessments, guidance, and access to professional resources. The platform also delivers anonymized workforce insights, enabling organizations to monitor mental health trends, protect employee privacy, and supportinformed workplace decisions.
  • PyxiScience — Adaptive math exercises, AI-assisted grading of handwritten papers, and personalized learning paths for 10,000+ students.
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Timon Capital
VC Fund · Lagos, Lagos, Nigeria · 5 investments in Africa Internet startups

At Timon Capital, they have tremendous respect for the entrepreneurial journey—especially in emerging markets. As former entrepreneurs, they have built companies and gone through the frustration of trying to manage wayward investors. They decided to hold themselves to a higher standard and named ourselves Timon: a Greek word that means ‘the oneinfluenced by honor’ as well as ‘fairly priced.’

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Investment focus

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

Investor stats

  • Total investments: 29
  • Round size: Seed $100k–$8.5M; Pre-Seed $200k–$4M; Series A $14M–$30M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Waza — Waza is a web platform with APIs. It helps startups and emerging market businesses manage their cash flow issues, invoicing needs, and international payment requirements.
  • Zone — Zone is a regulated blockchain network that enables payments and acceptance of digital currencies.
  • OmniRetail — OmniRetail is a consumer goods distribution platform that solves the inefficiencies of traditional trade by digitizing key stakeholders through its products.
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Newtown Partners
VC Fund · Cape Town, NA - South Africa, South Africa · 5 investments in Africa Internet startups

Newtown Partners is a venture capital firm that actively invests in emerging, disruptive technology startups.

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Investment focus

  • Industry: Logistics, Software, Health Care
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: South Africa, United States, Ghana

Investor stats

  • Total investments: 31
  • Round size: Seed $600k–$5.5M; Series A $3.3M–$30M; Venture - Series Unknown $2M–$2.5M
  • Lead/follow: 32% lead, 68% follow

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.
  • Chefaa — Chefaa is a GPS-enabled pharmacy benefits platform connecting patients & pharmacies nation-wide to help patients manage all their pharmacy needs. Chefaa uses big data, data ming & machine learning
  • Waspito — We are the platform that engages Africa into the conversation and action to drive affordable and accessible quality healthcare across the continent.
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Resilience17
VC Fund · 5 investments in Africa Internet startups

Resilience17 is an Investment firm.

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Investment focus

  • Industry: Sports, Finance, Outdoors
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, Kenya, Ghana

Investor stats

  • Total investments: 49
  • Round size: Seed $1.2M–$12M; Pre-Seed $100k–$3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Glouse — Glouse is an online application that provides groceries at the lowest prices with the same day deliveries.
  • Klasha — At Klasha, we're simplifying borderless payments for commerce in Africa. We help merchants worldwide sell online to Africa and receive payments in local African currencies while enjoying super fast last-mile delivery to customers across the continent.
  • Terra Industries — Terra Industries develops autonomous security systems and software platforms that support the monitoring and protection of physical assets, infrastructure, and operational environments across land, air, and maritime domains. The company provides unmanned vehicles, autonomous towers, and sensor-based surveillance hardware that collect and transmitdata for continuous situational awareness. Its software layer, built around an integrated operating system, processes sensor inputs, applies artificial intelligence models, and coordinates automated responses to detected events. Terra Industries designs its systems to support functions such as perimeter security, infrastructure monitoring, asset tracking, and threat detection within complex operational settings. The company’s platforms enable operators to manage multiple autonomous devices through a unified interface that supports mission planning, data visualization, and system control. Its technology is used by organizations that require coordinated security, monitoring, and response capabilities for facilities, remote sites, and distributed operations.
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UNCOVERED FUND
VC Fund · Tokyo, Tokyo, Japan · 5 investments in Africa Internet startups

UNCOVERED FUND is a venture capital firm that leads the creation of industries in Africa and other emerging countries.

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Investment focus

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

Investor stats

  • Total investments: 30
  • Round size: Seed $1.4M–$3.7M; Pre-Seed $700k–$2.1M; Series A $4M–$40M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: May invest from a new fund soon — raised $15M in 2021

Portfolio highlights

  • Sylndr — Sylndr is an automotive focused e-commerce marketplace bringing innovation to the used-cars market, where customers can reliably and transparently sell and buy used cars. The company is aiming to build trust in the used-car market by becoming the go-to place for customers seeking to sell and buy their cars, through an extensive range ofhigh-quality used vehicles accessible across a diverse set of financing solutions.
  • 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
  • Mecho — Mecho is an on-demand auto repair and maintenance platform for individuals and businesses in Africa.
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Ingressive Capital
VC Fund · Lagos, Lagos, Nigeria · 5 investments in Africa Internet startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • SehaTech — Welcome to SehaTech, the groundbreaking company revolutionizing the health insurance market with our innovative solutions!
  • Chat Cash — Turn conversations into commerce. The unified operating system for payments, inventory, and AI sales on WhatsApp & USSD.
  • REasy — Top up locally, pay suppliers globally, and manage international shipments with REasy. Fast, secure, and designed for African businesses expanding worldwide.
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Miles Morland
Angel · London, England, United Kingdom · 5 investments in Africa Internet startups

Miles Morland is based out of London and is the Co-founder of Development Partners International. Miles Morland attended the University of oxford.

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Investment focus

  • Industry: Internet, Education, Publishing
  • Stage:Pre-Seed
  • Geography: Mozambique

Investor stats

  • Total investments: 5
  • Round size: Pre-Seed $7k–$12k
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Ethale Books App — The Ethale Books App by Ethale Publishing is the first-ever East African multilingual book app featuring local content. It is one of the first in the developing world to be specifically designed for android mobile phones and not e-readers. The trilingual app will make books available in Portuguese, Swahili and English for free, with revenuesustained via a mobile advertising strategy.
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CRE Venture Capital
VC Fund · New York, New York, United States · 5 investments in Africa Internet startups

Founded in 2015, CRE Venture Capital invests in early stage tech companies that are levered to Africa. CRE is headquartered in the New York metro area, with a regional office in Lagos, Nigeria.

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Investment focus

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

Investor stats

  • Total investments: 64
  • Round size: Seed $250k–$5M; Pre-Seed $250k–$3.3M; Series A $1.1M–$21M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Flood — Flood is a marketplace platforms that provides merchant solution, self services and big data solution.
  • Letly — Letly is developing an AI‑driven platform for the rental property market that automates tasks related to managing rental listings and tenant interactions. It aims to use intelligent agents to handle tasks such as scheduling viewings, responding to inquiries, and optimizing property management workflows. The platform is currently in a waitlistphase, signaling ongoing development and private access only.
  • Cutstruct — Cutstruct is your one source for bulk construction materials purchase. Get the best prices for cement, steel, granite, sharp sand wood, and more.
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Microtraction
VC Fund · Lagos, Lagos, Nigeria · 5 investments in Africa Internet startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Growwr — Growwr is an AI-native workforce infrastructure platform building the operating system for global work.Its flagship product, Growwr AI, acts as an intelligent hiring agent that helps companies source, screen, evaluate, and hire talent through conversational workflows instead of manual recruiting processes. Companies can describe a role, definehiring priorities, and automatically receive ranked candidates based on verified skills, work history, and performance data.Beyond hiring, Growwr provides integrated global payment infrastructure that enables companies to pay talent across 180+ countries through cards, bank transfers, mobile money, and local payment rails.Because hiring, work, and payments happen inside one system, Growwr continuously generates verified workforce data around earnings, productivity, reliability, and work consistency. The company is leveraging this infrastructure to build workforce financial services including payroll, invoicing, credit scoring, and access to financial products for professionals in emerging markets.Growwr supports 90,000+ users across 15 countries, has processed over millions in payouts, and serves businesses across Africa, the UK, and the US.The company is building the AI and financial infrastructure layer powering the future of global work.
  • Paycrest — Decentralized routing protocol for instant, secure, zero-fee payments in emerging markets.
  • Cr3dentials — Embedded financing for neobanks
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Alumni Ventures
VC Fund · Manchester, New Hampshire, United States · 4 investments in Africa Internet startups

Access curated startup investment opportunities and diversified venture capital exposure designed for accredited investors.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 2682
  • Round size: Seed $880k–$9.9M; Series A $3.5M–$32M; Series B $8M–$75M
  • Lead/follow: 4% lead, 96% follow
  • Last fund: Likely actively investing — fresh fund, raised $90k in 2026

Portfolio highlights

  • LOLIWARE — LOLIWARE is rewriting the story of destructive packaging. By harnessing the power of seaweed to replace plastic at scale, LOLIWARE is tapping into its potential to regenerate our ocean and decarbonize our planet.
  • Talk Local — Need a service professional? Search the Nation's #1 Service Directory. It's Free and Fast, get connected over the phone instantly with Local Plumbers, Accountants, Computer Repair Pros, Dentists, Heating & Cooling HVAC, and other service professionals!
  • HopSkipDrive — Arranging safe, dependable transportation or children ages 6+ with qualified caregivers
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Janngo
VC Fund · Abidjan, Lagunes, Côte d'Ivoire · 4 investments in Africa Internet 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, Financial Services, B2B
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, United States, France

Investor stats

  • Total investments: 24
  • Round size: Seed $400k–$15M; Pre-Seed $546k–$2.7M; Series A $2.2M–$18M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: Likely still investing — raised $36M in 2022

Portfolio highlights

  • 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.
  • Jobzyn — Jobzyn is building an AI-powered recruitment platform designed to help employers sift through overwhelming volumes of underqualified applications while helping candidates make better-informed career choices.
  • CreditChek — Bridging the trust gap between global credit businesses and underserved African consumers.
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Olugbenga Agboola
Angel · 4 investments in Africa Internet startups

Olugbenga Agboola is the Co-Founder and CEO of Flutterwave. He previously worked at Africa Fintech Foundry as a Senior Entrepreneur In Residence. Olugbenga Agboola attended MIT Sloan School of Management.

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Investment focus

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

Investor stats

  • Total investments: 21
  • Round size: Seed $1.5M–$7.5M; Pre-Seed $625k–$3.7M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • tushop — Shop wholesale groceries, market fresh produce, local brands, and affordable preloved finds on Tushop. Secure checkout, friendly support and fast 90 minute delivery across Nairobi.
  • Curacel — Curacel creates APIs & tools that enable businesses to embed insurance in digital channels and to administer claims cost-effectively.
  • 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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Alameda Research
VC Fund · Central and Western, Hong Kong Island, Hong Kong · 4 investments in Africa Internet startups

Alameda Research is a quantitative cryptocurrency trading firm that provides liquidity in cryptocurrency and digital assets markets. It was founded in 2017 and is headquartered in Central and Western, Hong Kong.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: United States, Singapore, United Kingdom

Investor stats

  • Total investments: 321
  • Round size: Seed $1M–$8M; Series A $2.7M–$35M; Venture - Series Unknown $250k–$40M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • 3Commas — 3Commas develops a crypto-asset management tool for tracking investments and exchanges in a unified platform. It provides access to a unified dashboard as the central hub for trading and portfolio management execution.
  • Fuel Labs — At Fuel, we are building the fastest execution layer for the modular blockchain stack.
  • Optim Finance — Optim Finance provides investment tools that optimize yield on digital assets. Their financial primitives enable users to rent ADA delegation rights to power novel use cases such as SPO loans, leverage into ISOs, and initial bonds.
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Vinny Lingham
Angel · San Francisco Bay Area, California, United States · 4 investments in Africa Internet startups

Vinny Lingham is the Co-Founder and CEO of Rumi.ai(Waitroom). He previously worked at YPO as a Member. Vinny Lingham attended Harvard Business School Executive Education.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Internet
  • Stage:Seed, Angel
  • Geography: United States, South Africa, United Kingdom

Investor stats

  • Total investments: 39
  • Round size: Seed $2.5M–$5.6M; Angel $125k–$500k
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • Glif — Interoperable tools for the Filecoin network
  • Afterparty — Useful guides, stories, and updates
  • Shield USDT — US bank accounts built for international wholesalers and distributors. Same-day USD wires, USDT payments, escrow, and business credit cards.
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MaC Venture Capital
VC Fund · Los Angeles, California, United States · 4 investments in Africa Internet startups

Mac Venture Capital is an early stage venture capital firm investing in startups, supporting founders with funding, strategy, and long-term business growth.

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Investment focus

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

Investor stats

  • Total investments: 324
  • Round size: Seed $1.3M–$8.5M; Pre-Seed $120k–$4M; Series A $5M–$35M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: Likely actively investing — fresh fund, raised $150M in 2024

Portfolio highlights

  • FriskAI — FriskAI is the runtime intelligence platform for AI agents. It gives enterprises a clear understanding of what their AI agents are doing in production, so they can deploy AI with confidence.
  • Pure — Pure Poker is a privately held fintech and software company that develops a legal, compliant, rake-free real-money online poker platform. Headquartered in San Francisco, California, the company replaces the traditional casino "house" model with a trusted, identity-verified social gaming network.
  • Lend Street Financial — LendStreet mission is simple help people get out of debt, rebuild their credit, and get a fresh start. They have partnerships within the financial sector which allow them to negotiate discounts on debts, which means they can pass on the discount to our customers and they in turn can get out of debt sooner, rebuild their credit and get on withtheir lives.
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Bpifrance
VC Fund · Maisons-alfort, Ile-de-France, France · 4 investments in Africa Internet startups

Bpifrance provides financial solutions for companies that are booting up the listing on the stock exchange and credit equity. It includes OSEO, CDC Entreprises, FSI, and FSI Regions to offer in your area of financial solutions at every stage of the life of your business.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Seed, Series A
  • Geography: France, United States, Switzerland

Investor stats

  • Total investments: 1646
  • Round size: Seed $757k–$6.1M; Series A $2.8M–$34M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: Likely actively investing — fresh fund, raised $27M in 2025

Portfolio highlights

  • Melvan — Melvan develops, finances, builds and operates solar and wind installations, combined, where relevant, with storage facilities.
  • AI-Stroke — Developer of an artificial intelligence-powered mobile application designed to assist in pre-CT/MRI stroke diagnostics. The company offers a platform that guides first responders and patients through relevant exercises for stroke detection, captures and analyzes video data, and leverages the world's largest proprietary stroke patientvideo dataset (20,000 videos and 6 million images), enabling patients with a diagnosis and outcomes by reducing delays in treatment for stroke, increasing the number of treatment procedures, and recuding the rehab costs.
  • MSInsight — Explore how our cutting-edge genomic analysis uncovers actionable insights into microsatellite instability (MSI), driving targeted, personalized cancer treatments.
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SEEK
VC Fund · North Sydney, New South Wales, Australia · 4 investments in Africa Internet startups

SEEK is a diverse group of companies that have a unified purpose to help people live more fulfilling and productive working lives and help organizations succeed. The Group encompasses a strong portfolio of employment, education, and volunteer businesses which span across Australia, New Zealand, China, South East Asia, Brazil, Mexico, Africa, andBangladesh. SEEK makes a positive impact on a truly global scale, operating in a total of 18 countries with market-leading positions in 14 countries. It creates world-class product technology solutions to address the needs of job seekers and hirers and facilitate the matching between job seekers and hirers across our online employment marketplaces. Online Education Services (‘OES’) offers leading online education and SEEK Learning offers trusted advice in relation to career-related education. SEEK’s commitment to having a positive impact on society is reflected through the diverse range of initiatives which its businesses across the globe partake in to support the communities they operate within. In Australia and New Zealand SEEK Volunteer is each country’s largest single source of volunteering opportunities offering not-for-profit organizations free access to post volunteer opportunities. This free marketplace is something SEEK is exceptionally proud of. Over its 20 years of operation, SEEK continues to innovate within the markets it operates in. It provides a culture of excellence and acceptance in our workplaces and celebrates the diversity of employees that contribute to the success of the organization.

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Investment focus

  • Industry: Human Resources, Software, Recruiting
  • Stage:Series A, Series B
  • Geography: Australia, United States, United Kingdom

Investor stats

  • Total investments: 46
  • Round size: Series A $4.6M–$29M; Series B $6.2M–$70M
  • Lead/follow: 57% lead, 43% follow

Portfolio highlights

  • Go1 — Simplify employee training with one subscription that delivers essential learning from 250+ providers, integrated seamlessly into your HR tech stack.
  • Employment Hero — Recruitment, HR, Payroll & Benefits in one place - designed for small & medium businesses to be efficient, compliant & cost-Effective. Book a demo today!
  • Talespin — Talespin is building the XR platform to power knowledge transfer and skill alignment for the future of employment
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Lynett Capital
VC Fund · San Francisco, California, United States · 4 investments in Africa Internet startups

Lynett Capital is an early stage investment firm dedicated to the empowering technology companies.

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Investment focus

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

Investor stats

  • Total investments: 30
  • Round size: Seed $230k–$3.1M; Pre-Seed $500k–$2.7M; Series A $2.5M–$49M
  • Lead/follow: 0% lead, 100% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • idler — Push the frontier of your model
  • Juxta — Juxta delivers infrastructure-free positioning for people, assets, and robots. Track indoors, outdoors, and GPS-denied environments with the Universal Positioning System, Software SDK, and Asset Tags.
  • Luminate — Luminate Medical is developing LILY, the world's first pain-free and portable solution to prevent hair loss caused by chemotherapy.
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Yves Guillemot
Angel · Saint-mandé, Ile-de-France, France · 4 investments in Africa Internet startups

Yves Guillemot is based out of Saint-Mandé and is the co-founder and chief executive officer of Ubisoft. Yves Guillemot attended the Institut de la PME.

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Investment focus

  • Industry: Logistics, E-Commerce Platforms, Location Based Services
  • Stage:Seed, Series A
  • Geography: Nigeria

Investor stats

  • Total investments: 4
  • Round size: Seed $500k–$1.7M; Series A $915k–$2M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Kwik — Your parcels delivered on-demand, safer, cheaper - Soon in Lagos
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Platform Capital
VC Fund · Lagos, Lagos, Nigeria · 4 investments in Africa Internet startups

Platform Capital is a growth markets focused Sector Agnostic, Investment and Advisory Firm.

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Investment focus

  • Industry: Health Care, Lending, Financial Services
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Kenya, Nigeria

Investor stats

  • Total investments: 19
  • Round size: Seed $100k–$1.3M; Pre-Seed $160k–$1.3M; Series A $10M–$37M
  • Lead/follow: 58% lead, 42% follow

Portfolio highlights

  • LEO Flight — LEO Flight | Not just science fiction anymore, your flying car is here
  • Zuri Health — .ts-banner-image-1:hover .overlay{background-color:#ffffff} .ts-banner-image-2:hover .overlay{background-color:#ffffff} Popular categories Pharmacy Doctor at home Covid Labs & Diagonstics Wellness Telemed Show all Our Services PharmacyBuy both OTC and prescription medication and have it delivered to your doorstepLabs & DiagnosticsBook labs and Diagnostic tests and get your samples collected from the comfort of your home, hotel
  • Ubawa Technologies — A payment processing platform that helps social media entrepreneurs accept payments and increase their customer conversion and retention rate with our conversational AI chat bot.
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Michael Seibel
Angel · San Francisco, California, United States · 4 investments in Africa Internet startups

Michael Seibel is the Managing Director and Group Partner of Y Combinator. He previously worked at Socialcam as a CEO. Michael Seibel attended Yale University.

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Investment focus

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

Investor stats

  • Total investments: 212
  • Round size: Seed $500k–$7.2M; Pre-Seed $500k–$500k; Series A $5.9M–$21M
  • Lead/follow: 46% lead, 54% follow

Portfolio highlights

  • Kira — The easiest way for non-fintech enterprises to launch AI-powered, stablecoin-based financial products. Through a unified API platform, Kira enables businesses to embed remittances, payroll, wallets, and real-time cross-border payments.
  • Recall.ai — Recall.ai provides a single API for meeting bots on every platform like Zoom, Google Meet, Microsoft Teams and more.
  • Arena — Arena accelerates testing, debugging, and optimization for the world’s most advanced hardware. Atlas is an AI hardware engineer grounded in applied physics with an understanding of the real-world environment.
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Atlantica Ventures
VC Fund · Lagos, Lagos, Nigeria · 4 investments in Africa Internet startups

Discover African Tech Venture Capital with Atlantica Ventures and explore trusted services built for your goals today.

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Investment focus

  • Industry: Software, FinTech, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, South Africa, United States

Investor stats

  • Total investments: 16
  • Round size: Seed $1.5M–$3.7M; Pre-Seed $450k–$2.1M
  • Lead/follow: 63% lead, 37% follow
  • Last fund: May invest from a new fund soon — raised $50M in 2021

Portfolio highlights

  • Nosible — NOSIBLE gives AI situational awareness through dated, enriched global events across politics, finance, and sport in near real time.
  • Salus Cloud — Empowering developers worldwide with seamless and secure application deployment and management. Join the revolution. #Salus_Cloud
  • Cybervergent — Cybervergent is a technology company that specializes in providing top-notch cybersecurity solutions to businesses and organizations.
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Blockchain Founders Fund
VC Fund · Singapore, Central Region, Singapore · 4 investments in Africa Internet startups

We Focus Exclusively On Adding Value To Blockchain & Emerging Technology Projects With Real World Applications.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, FinTech
  • Stage:Seed, Pre-Seed
  • Geography: United States, United Kingdom, Singapore

Investor stats

  • Total investments: 267
  • Round size: Seed $500k–$6M; Pre-Seed $200k–$2.5M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: Likely still investing — raised $75M in 2022

Portfolio highlights

  • Rilla — Demonstrating 90% reduction in cost-to-serve for live-streaming, Rilla is rewiring the content economy, directing the value generated back to creators and their communities.By leveraging audience bandwidth and rewarding them with ownership in the network, the savings are equivalent to a free month subscription every year for a moderate level ofviewership.Founded by the technical founders behind Altered State Machine, acquired for 214m. Together for 5+ ventures, collectively raising 130m+ and valued at 1b+.
  • Osmo — Osmo is a payment company that helps people to send and receive money immediately.
  • Uniblock — Uniblock helps connect developers with Web3 using our APIs and services. Our developers use Uniblock because of how easy it is to integrate into exciting applications. Try it for free today!
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