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Top 50 Startup Investors in Africa (September 2026)

The most active venture capital funds and angel investors investing in Africa startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Africa startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Launch Africa
VC Fund
112 Nigeria, South Africa, United States Seed, Pre-Seed, Venture - Series Unknown Financial Services, FinTech, Information Technology $200k–$4M
Ventures Platform
VC Fund
94 Nigeria, United States, Kenya Seed, Pre-Seed Financial Services, FinTech, Internet $100k–$4M
LoftyInc Capital
VC Fund
83 United States, Nigeria, Egypt Seed, Pre-Seed, Series A Financial Services, FinTech, Software $100k–$37M
F6 Ventures
VC Fund
76 Tunisia, France, United Arab Emirates Pre-Seed, Seed E-Commerce, Software, Information Technology $62k–$174k
Women Entrepreneurship for Africa
VC Fund
75 Nigeria, Uganda, Cameroon Pre-Seed, Grant Health Care, Agriculture, Food and Beverage
54 Collective
VC Fund
74 Kenya, Nigeria, South Africa Seed, Pre-Seed Health Care, Information Technology, FinTech $40k–$2M
Musha Ventures
VC Fund
69 United States, Nigeria, Kenya Seed, Pre-Seed, Series A Software, Financial Services, FinTech $100k–$10M
Microtraction
VC Fund
61 Nigeria, United States, Ghana Pre-Seed, Seed, Angel Financial Services, FinTech, Software $30k–$1.3M
Future Africa
VC Fund
57 Nigeria, United States, Kenya Seed, Pre-Seed, Series A Financial Services, FinTech, Information Technology $100k–$40M
Algerian Startup Fund
VC Fund
53 Algeria, France, Spain Pre-Seed, Seed, Series A Apps, E-Commerce, Manufacturing $35k–$145k
Hesham Zreik
Angel
50 United States, India, Nigeria Pre-Seed, Seed, Series A Information Technology, Software, E-Commerce $10k–$5M
Golden Palm Investments
VC Fund
48 Nigeria, United States, Egypt Seed, Pre-Seed, Series A Information Technology, Financial Services, Payments $30k–$15M
Kepple Africa Ventures
VC Fund
48 Nigeria, Kenya, Egypt Seed, Pre-Seed, Series A Financial Services, FinTech, Software $100k–$23M
Antler
VC Fund
44 Singapore, Australia, United Kingdom Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $100k–$29M
Ingressive Capital
VC Fund
44 Nigeria, United States, Egypt Pre-Seed, Seed, Series A Financial Services, FinTech, Information Technology $25k–$15M
4DX Ventures
VC Fund
40 Egypt, South Africa, United States Seed, Pre-Seed, Series A FinTech, Financial Services, Logistics $50k–$40M
Consonance Investment Managers
VC Fund
35 Nigeria, United States, Kenya Seed, Series A, Pre-Seed Software, Financial Services, Information Technology $50k–$10M
Kaleo Ventures
VC Fund
34 Nigeria, United States, Kenya Pre-Seed, Seed, Series A Financial Services, Information Technology, FinTech $25k–$15M
Enza Capital
VC Fund
34 Kenya, Nigeria, South Africa Seed, Series A, Venture - Series Unknown Financial Services, E-Commerce, FinTech $1M–$31M
Resilience17
VC Fund
34 Nigeria, Kenya, Ghana Seed, Pre-Seed Sports, Finance, Outdoors $100k–$12M
CRE Venture Capital
VC Fund
34 Nigeria, South Africa, United States Seed, Series A, Pre-Seed Financial Services, Software, FinTech $250k–$21M
TLcom Capital Partners
VC Fund
34 Nigeria, United States, United Kingdom Series A, Seed Software, Mobile, Information Technology $1.9M–$20M
EchoVC Partners
VC Fund
32 United States, Nigeria, Kenya Seed, Pre-Seed, Series A Financial Services, Information Technology, FinTech $200k–$22M
Voltron Capital
VC Fund
32 Nigeria, United States, Senegal Pre-Seed, Seed, Angel Financial Services, FinTech, Payments $120k–$3M
Chandaria Capital
VC Fund
31 Kenya, Nigeria, United States Seed, Series A, Pre-Seed E-Commerce, Financial Services, FinTech $200k–$37M
British International Investment
VC Fund
31 India, Kenya, Nigeria Debt Financing, Series B Financial Services, Banking, Finance $6.8M–$100M
Proparco
VC Fund
30 India, Kenya, Nigeria Debt Financing, Private Equity, Venture - Series Unknown Financial Services, Energy, Finance $447k–$290M
Savannah Fund
VC Fund
30 Kenya, United States, South Africa Seed, Series A, Pre-Seed Software, E-Commerce, FinTech $25k–$12M
Partech
VC Fund
30 United States, France, Germany Series A, Seed, Series B Software, E-Commerce, SaaS $1.1M–$56M
4Di Capital
VC Fund
28 South Africa, United States, Kenya Seed, Series A, Pre-Seed Software, Financial Services, Mobile $677k–$47M
E3 Capital
VC Fund
28 Kenya, South Africa, United States Seed, Series A, Series B Energy, Solar, Renewable Energy $900k–$40M
Lateral Frontiers
VC Fund
28 United States, Nigeria, Kenya Seed, Series A, Pre-Seed FinTech, Financial Services, Energy $500k–$15M
HAVAÍC
VC Fund
27 South Africa, United States, Kenya Seed, Venture - Series Unknown, Series A Software, Health Care, FinTech $83k–$15M
Unpopular Ventures
VC Fund
27 United States, Mexico, India Seed, Pre-Seed, Series A Software, Artificial Intelligence, FinTech $500k–$34M
Acumen
VC Fund
27 United States, India, Kenya Seed, Venture - Series Unknown Agriculture, Solar, Financial Services $300k–$10M
Everywhere Ventures
VC Fund
26 United States, Australia, India Pre-Seed, Seed, Series A Software, Health Care, FinTech $250k–$20M
GreenHouse Capital
VC Fund
26 Nigeria, Kenya, United States Seed, Pre-Seed Financial Services, FinTech, Payments
DOB Equity
VC Fund
26 Kenya, Tanzania, Rwanda Private Equity, Seed Food and Beverage, Farming, Agriculture $1M–$3.8M
Silverbacks Holdings
VC Fund
26 Nigeria, United States, Egypt Seed, Venture - Series Unknown, Series A FinTech, Financial Services, Finance $100k–$32M
Goodwater Capital
VC Fund
26 United States, India, South Korea Seed, Series A, Pre-Seed FinTech, Financial Services, Software $125k–$31M
Hustle Fund
VC Fund
26 United States, Singapore, Canada Seed, Pre-Seed, Series A Software, FinTech, Financial Services $100k–$25M
Mercy Corps Ventures
VC Fund
26 Kenya, United States, Nigeria Seed, Pre-Seed, Series A Financial Services, FinTech, Agriculture $100k–$35M
Ground Squirrel Ventures
VC Fund
25 United States, Kenya, Zambia Seed, Venture - Series Unknown, Series A Financial Services, FinTech, Finance $125k–$48M
Belgian Investment Company for Developing Countries
VC Fund
25 Kenya, India, Belgium Debt Financing, Non-Equity Assistance, Venture - Series Unknown Financial Services, Finance, Banking $16k–$17M
MNF Ventures
VC Fund
25 Morocco, France, Canada Seed, Series A, Pre-Seed Online Portals, FinTech, Enterprise Software $200k–$1.6M
Novastar Ventures
VC Fund
25 Kenya, Nigeria, United States Series A, Series B Agriculture, Health Care, FinTech $1.7M–$42M
CDG Invest
VC Fund
24 Morocco, France, United Arab Emirates Seed, Pre-Seed, Series A Software, Apps, Financial Services $200k–$19M
Knife Capital
VC Fund
24 South Africa, United States, United Kingdom Series A, Venture - Series Unknown Software, Information Technology, Education $1M–$15M
Pearl Capital Partners
VC Fund
24 Uganda, Kenya, Malawi Private Equity, Debt Financing, Seed Agriculture, Farming, Food Processing $5k–$2.6M
AfricInvest
VC Fund
23 Tunisia, Kenya, Morocco Private Equity, Series A Financial Services, Manufacturing, FinTech $3.4M–$65M
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Launch Africa
VC Fund · Ebène, Plaines Wilhems, Mauritius · 112 investments in Africa 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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Ventures Platform
VC Fund · Abuja, Federal Capital Territory, Nigeria · 94 investments in Africa 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 · 83 investments in Africa 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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F6 Ventures
VC Fund · Tunis, Tunis, Tunisia · 76 investments in Africa 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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Women Entrepreneurship for Africa
VC Fund · Lagos, Lagos, Nigeria · 75 investments in Africa startups

Women Entrepreneurship for Africa

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Investment focus

  • Industry: Health Care, Agriculture, Food and Beverage
  • Stage:Pre-Seed, Grant
  • Geography: Nigeria, Uganda, Cameroon

Investor stats

  • Total investments: 116
  • Lead/follow: 99% lead, 1% follow

Portfolio highlights

  • ORIKI — A wellness + farm to skin brand that creates pampering experiences and luxurious natural personal grooming products. Sharing Africa!
  • Mukuru Clean Stoves — Earthshot Prize Winner 2022. We use recycled metal to manufacture improved, efficient and affordable cookstoves.
  • Loom Craft Chocolate — Loom Craft Chocolate is a artisanal cocoa processor with a strong focus on the quality of our products and the sustainability of our processes.
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54 Collective
VC Fund · Johannesburg, NA - South Africa, South Africa · 74 investments in Africa 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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Musha Ventures
VC Fund · New York, New York, United States · 69 investments in Africa 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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Microtraction
VC Fund · Lagos, Lagos, Nigeria · 61 investments in Africa 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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Future Africa
VC Fund · San Francisco, California, United States · 57 investments in Africa 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.
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Algerian Startup Fund
VC Fund · 53 investments in Africa startups

This is the homepage of the website

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Investment focus

  • Industry: Apps, E-Commerce, Manufacturing
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Algeria, France, Spain

Investor stats

  • Total investments: 84
  • Round size: Seed $80k–$145k; Pre-Seed $35k–$135k
  • Lead/follow: 99% lead, 1% follow

Portfolio highlights

  • Noma pro — Innovative skincare technology for radiant beauty and wellness.
  • Instaclean — Professional at-home car wash services for ultimate convenience.
  • Skaly academy — Skaly academy empowers its student to master the sales automation software, Skaly.
Show all investments...

Access 48,091 investors

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

Browse database — It's Free!
Hesham Zreik
Angel · Dubai, Dubai, United Arab Emirates · 50 investments in Africa 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: 1140
  • Round size: Seed $20k–$2M; Pre-Seed $10k–$1M; Series A $170k–$5M
  • Lead/follow: 53% lead, 47% follow

Portfolio highlights

  • Padue — Padue is an all-in-one, on-demand service marketplace built for the Zambian market, designed to centralize access to emergency.
  • Credit Cooperatif Africain — Crédit Coopératif Africain is a Rwandan microfinance institution established as a private limited company and subsidiary of SCIAC Ltd.
  • Mwatuheka Orphanage and Vulnerable Support Charity — Mwatuheka Orphanage and Vulnerable Support Charity is a faith-based non-governmental organization (NGO) dedicated.
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Golden Palm Investments
VC Fund · Accra, Greater Accra, Ghana · 48 investments in Africa 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.
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Kepple Africa Ventures
VC Fund · Tokyo, Tokyo, Japan · 48 investments in Africa 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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Antler
VC Fund · Singapore, Central Region, Singapore · 44 investments in Africa 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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Ingressive Capital
VC Fund · Lagos, Lagos, Nigeria · 44 investments in Africa 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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4DX Ventures
VC Fund · Brooklyn, New York, United States · 40 investments in Africa 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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Consonance Investment Managers
VC Fund · Lagos, Lagos, Nigeria · 35 investments in Africa startups

We are an investment company focused on helping early and growth-stage entrepreneurs build successful companies in Africa.

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Investment focus

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

Investor stats

  • Total investments: 45
  • Round size: Seed $550k–$4M; Pre-Seed $185k–$1M; Series A $50k–$10M
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • Releaf Earth — We are industrializing food processing in Africa. We've led 1000+ smallholder farmers to provide food factories with >7.5 million kilograms of quality crops.
  • Tripesa — Control what AI coding assistants can install. Approve libraries, MCP servers, and extensions before they enter your codebase.
  • EMTECH — Cari pragmatic slot gacor? Cek info RTP slot Pragmatic Play terupdate di AkongCuan. Mulai modal slot depo 5K sekarang, mainkan, dan raih cuan maksimal!
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Kaleo Ventures
VC Fund · Dubai, Dubai, United Arab Emirates · 34 investments in Africa startups

Kaleo Ventures is an investment firm prefers to invest in early-stage companies across Africa.

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Investment focus

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

Investor stats

  • Total investments: 56
  • Round size: Seed $25k–$2.7M; Pre-Seed $50k–$1M; Series A $100k–$15M
  • Lead/follow: 7% lead, 93% follow
  • Last fund: Likely still investing — raised $1.1M in 2024

Portfolio highlights

  • Cuoral — Proactive customer success and engagement. We help you reduce customer churn and increase retention and revenue.
  • BankWise — Liga123 merupakan situs slot jackpot 888 slots paling gacor dan juga platform ini terdata paling banyak dicari hari ini karena memiliki akses yang mudah tanpa harus menggunakan Apk tambahan seperti VPN untuk memainkan game favorit.
  • PowerLabs — PowerLabs is an energy and climate technology research and implementation company whose goal is to use intelligent energy to build a world where human output is boundless.
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Enza Capital
VC Fund · Nairobi, Nairobi Area, Kenya · 34 investments in Africa 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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Resilience17
VC Fund · 34 investments in Africa 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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CRE Venture Capital
VC Fund · New York, New York, United States · 34 investments in Africa 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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TLcom Capital Partners
VC Fund · London, England, United Kingdom · 34 investments in Africa 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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EchoVC Partners
VC Fund · Lagos, Lagos, Nigeria · 32 investments in Africa 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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Voltron Capital
VC Fund · 32 investments in Africa startups

On a mission to back the most extraordinary entrepreneurs out of Africa solving important problems in large markets.

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Investment focus

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

Investor stats

  • Total investments: 68
  • Round size: Seed $120k–$3M; Pre-Seed $200k–$1.2M
  • Lead/follow: 1% lead, 99% follow

Portfolio highlights

  • Lingawa — Speak your native language with pride! Learn Yoruba and Igbo with fun, immersive online lessons for adults and kids (ages 5+).
  • 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
  • ZeroComplex AI — Transform your Business with AI. Click the Link below to get started!
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Chandaria Capital
VC Fund · Nairobi, Nairobi Area, Kenya · 31 investments in Africa startups

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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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British International Investment
VC Fund · London, England, United Kingdom · 31 investments in Africa startups

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.

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Investment focus

  • Industry: Financial Services, Banking, Finance
  • Stage:Debt Financing, Series B
  • Geography: India, Kenya, Nigeria

Investor stats

  • Total investments: 403
  • Round size: Series B $13M–$70M; Debt Financing $6.8M–$100M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: May invest from a new fund soon — raised $15M in 2009

Portfolio highlights

  • Coris Holding — Coris Holding is a financial institution that was established with the motive to provide support to SMEs and SMIs.
  • mopo — Mobile Power's innovative pay-per-use battery sharing network unlocks clean energy for households, businesses and electric transport in Sub-Saharan Africa.
  • hummingbirds — hummingbirds deliver reliable nature-based solutions de-risked through rigorous, ground-based project development.
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Proparco
VC Fund · Paris, Ile-de-France, France · 30 investments in Africa 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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Savannah Fund
VC Fund · Nairobi, Nairobi Area, Kenya · 30 investments in Africa startups

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

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Investment focus

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

Investor stats

  • Total investments: 46
  • Round size: Seed $25k–$3.3M; Pre-Seed $200k–$2.1M; Series A $750k–$12M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: May invest from a new fund soon — raised $25M in 2021

Portfolio highlights

  • Aya Data — Aya Data provides high-quality data annotation, AI training data, 3D annotations, machine learning solutions and also specialises in geospatial, NLP and computer vision projects.
  • Kubik — Kubik makes low-carbon buildings from plastic waste. Bringing environmental dignity to how countries grow.
  • 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.
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Partech
VC Fund · Paris, Ile-de-France, France · 30 investments in Africa startups

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

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Investment focus

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

Investor stats

  • Total investments: 654
  • Round size: Seed $1.1M–$9M; Series A $4.2M–$28M; Series B $9M–$56M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely actively investing — fresh fund, raised $345M in 2026

Portfolio highlights

  • Mercanis — Source services smarter and drive automation along your source-to-settle process. Discover how Mercanis enables you to collaborate with best-in-class suppliers across your departments.
  • Revibe — Buy refurbished & used electronics (Smartphones, Laptops) in UAE at Revibe. Free delivery & 12 months warranty. Certified tech by our experts. Order Now!
  • Jungo Software — Experience the future of driving with in-cabin sensing technology. Learn how this accident prevention system saves lives
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4Di Capital
VC Fund · Cape Town, NA - South Africa, South Africa · 28 investments in Africa startups

4Di Capital is an independent seed- and early-stage technology venture capital firm based in Cape Town, South Africa.Nurture capital is the term that best describes 4Di Capitalâ€:tm:s purpose and philosophy.We understand that in the early days of any business, support, mentoring and access to networks is just as important as seed capital.Using tried and tested international venture capital best practices, adapted for local use, we believe in entrepreneur-friendly finance without frills, and in working as a team with our investments to achieve their true potential.4Di Capital Early-Stage Technology Fund 1 targets startup investment opportunities with high growth potential at the seed- and early-stages in the mobile, enterprise software and web sectors.We look for founder teams with hungry passion, commitment, domain expertise and deep insights into the large market problems they wish to solve with their technology solutions.

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Investment focus

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

Investor stats

  • Total investments: 41
  • Round size: Seed $677k–$7.5M; Pre-Seed $1.8M–$4M; Series A $2M–$47M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: Likely still investing — raised $24M in 2022

Portfolio highlights

  • BFree — BFree focuses its collection processes on sustainably leading customers out of debt by giving them back control over their finances.
  • FireID — FireID is a venture builder that helps makers, with unique skills and passion, build businesses to solve meaningful problems.
  • Kuunda — Kuunda provides consulting, liquidity management, data insight tools enabling users to fulfill financial needs through a digital platform.
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E3 Capital
VC Fund · Paris, Ile-de-France, France · 28 investments in Africa startups

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.

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Investment focus

  • Industry: Energy, Solar, Renewable Energy
  • Stage:Seed, Series A, Series B
  • Geography: Kenya, South Africa, United States

Investor stats

  • Total investments: 54
  • Round size: Seed $900k–$8M; Series A $1.8M–$7.5M; Series B $9M–$40M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: Likely still investing — fund raised 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.
  • 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.
  • Open Access Energy — South Africa's first multilateral wheeling software platform that automates energy transactions.
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Lateral Frontiers
VC Fund · New York, New York, United States · 28 investments in Africa startups

Lateral Capital is a mission driven venture fund investing in early and growth stage opportunities in Africa. We back companies that provide foundational technologies for the continent. We make debt and equity investments technology-enabled businesses that profitably solve significant pain points across financial services, healthcare, education,energy, agriculture, housing, logistics, mobility and more.

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Investment focus

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

Investor stats

  • Total investments: 53
  • Round size: Seed $1M–$6M; Pre-Seed $500k–$3.5M; Series A $558k–$15M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: Likely still investing — raised $28M in 2024

Portfolio highlights

  • Rhaeos — Rhaeos, the world's first wearable shunt monitor, aims to improve the quality care for patients with hydrocephalus through a novel, thermal biosensor. Developed within Northwestern University with collaboration between Dr. John Rogers, McCormick School of Engineering, Feinberg School of Medicine and Kellogg School of Management, Rhaeosrepresents a unique multidisciplinary translational effort for an important clinical need.
  • Wattnow — Wattnow's smart meters and AI show every machine's consumption live and flag waste in time to stop it. Plants cut energy costs by up to 30%.
  • Octavia Carbon — Reversing Climate Change | Ending the Fossil Fuel Age | In Kenya.
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HAVAÍC
VC Fund · Cape Town, NA - South Africa, South Africa · 27 investments in Africa startups

HAVAÍC is an investment and advisory firm that specialises in early-stage, high-growth African businesses with proven concepts and global prospects, offering investment opportunities to sophisticated investors and international venture capital companies with an interest in Africa. As a complementary offering, HAVAÍC provides corporate advisory andcapital raising services to emerging, internationally scalable businesses.

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Investment focus

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

Investor stats

  • Total investments: 49
  • Round size: Seed $83k–$4M; Series A $1.9M–$15M; Venture - Series Unknown $318k–$632k
  • Lead/follow: 65% lead, 35% follow
  • Last fund: Likely still investing — raised $50M in 2024

Portfolio highlights

  • NjiaPay — Payments-as-a-Service platform that will streamline your operations and elevate your online payments across the African continent.
  • SwiftVee — SwiftVEE is a livestock trading mobile app. They support live webcast livestock auctions and silent auctions. Their platform facilitates the discovery and viewing of livestock auctions.They provide webcast advertising, online auctions, and online livestock insurance services and data products for financial institutions.
  • Tanda — As a Tanda Agent, you can sell Kenya's favorite digital products, and grow your duka while you're at it
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Unpopular Ventures
VC Fund · San Francisco, California, United States · 27 investments in Africa startups

The best companies, off the beaten path.

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Investment focus

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

Investor stats

  • Total investments: 620
  • Round size: Seed $500k–$8M; Pre-Seed $500k–$2.6M; Series A $6M–$34M
  • Lead/follow: 2% lead, 98% follow
  • Last fund: Likely actively investing — fresh fund, raised $13k in 2025

Portfolio highlights

  • Sourcepulse — Your early warning system for software delivery (YC S23)
  • Hypercubic — Hypercubic is agentic AI for mainframe modernization, helping enterprises and governments preserve institutional knowledge and modernize COBOL.
  • NORDA Dynamics — NORDA Dynamics is an autonomous UAV piloting system for carrying out missions in areas with limited connectivity.
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Acumen
VC Fund · New York, New York, United States · 27 investments in Africa startups

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

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Investment focus

  • Industry: Agriculture, Solar, Financial Services
  • Stage:Seed, Venture - Series Unknown
  • Geography: United States, India, Kenya

Investor stats

  • Total investments: 201
  • Round size: Seed $300k–$2.5M; Venture - Series Unknown $1000k–$10M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely actively investing — fresh fund, raised $123M in 2025

Portfolio highlights

  • Bintix — Bintix averts landfill waste ... one household at a time.
  • My Ecohome — Ecohome develops ecological bioproducts for home and garden use, focusing on environmental protection and sustainable living solutions.
  • Global Easy Water Products — Global Easy Water Products (GEWP) distributes low-cost irrigation technology that raises the income of smallholder famers by an average of 400 USD a year, increases crop yields by 30 to 70 percent, and delivers water savings of 30 to 50 percent. And now, through an innovative technology transfer, GEWP’s products are also being used by small-scalefarmers in Pakistan.
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Everywhere Ventures
VC Fund · New York, New York, United States · 26 investments in Africa startups

Everywhere Ventures is a global pre-seed venture capital fund for founders, by founders. Click to read Everywhere VC, by Everywhere Ventures, a Substack publication with tens of thousands of subscribers.

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Investment focus

  • Industry: Software, Health Care, FinTech
  • Stage:Pre-Seed, Seed, Series A
  • Geography: United States, Australia, India

Investor stats

  • Total investments: 1303
  • Round size: Seed $1M–$6.5M; Pre-Seed $250k–$2.5M; Series A $6M–$20M
  • Lead/follow: 2% lead, 98% follow
  • Last fund: Likely actively investing — fresh fund, raised $4.4M in 2026

Portfolio highlights

  • Donna — Meet Donna, the AI assistant built for field sales teams. Save time, cut admin, and close more deals with less effort.
  • Keebler Health — AI-Enabled Coding for Medical Billing Teams
  • Neurometric AI — Making Intelligence Free | https://t.co/ZxWxeMBJt2 | https://t.co/W8nlLqYwQi
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GreenHouse Capital
VC Fund · Ikeja, Lagos, Nigeria · 26 investments in Africa startups

GreenHouse Capital’s Founding Partners took their own fintech company Venture Garden Group (VGG) from a 7 employee, ₦30 million revenue startup to a 200 employees, ₦2 billion power house in just 4 years and raised an attention grabbing Series A round from Convergence Partners of South Africa. The uniqueness of their position was not lost on thefounders who then cultivated Garden Institute of Business Entrepreneurs (GIBE) to identify, incubate, and invest in young and innovative tech startups solving global challenges in Emerging Markets. GIBE was created to build a world class talent management hub for young and passionate entrepreneurs while creating a pool of technology inclined businesses and innovation oriented leaders.

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Investment focus

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

Investor stats

  • Total investments: 32
  • Lead/follow: no public data

Portfolio highlights

  • Credpal — Buy now, pay later. Split in 6.
  • Encore Pay — Encore Pay is a UAE-based FinTech and Payment solutions provider.
  • MarketForce — MarketForce connects Africa’s informal retail outlets and consumers directly to suppliers of consumer goods and financial services by digitizing orders, delivery, and payments with the aim of solving the last mile distribution challenge.
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DOB Equity
VC Fund · Veessen, Gelderland, The Netherlands · 26 investments in Africa startups

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

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Investment focus

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

Investor stats

  • Total investments: 58
  • Round size: Seed $1M–$3.8M
  • Lead/follow: 62% lead, 38% follow

Portfolio highlights

  • MazaoHub — AI-first SaaS connecting soil, farmers, inputs, agronomy care, field operations, traceability and markets through real last-mile intelligence.
  • FarmWorks — FarmWorks is an agricultural technology company that gives farmers access to farm inputs as well as a market for the produce .FarmWork is to unlock agricultural potential by building clusters of mid-sized farms while working with thousands of small-holder farmers and establishing direct linkage to local and global markets.
  • Spouts of Water — SPOUTS mission is to manufacture and distribute ceramic water filters to provide everyone in Uganda with safe water.
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Silverbacks Holdings
VC Fund · Ebène, Plaines Wilhems, Mauritius · 26 investments in Africa startups

Silverbacks Holdings is a Mauritius-based private investment firm established in 2019, focusing on Africa-related companies in underserved industries such As technology, sports, entertainment, and the creative economy. The firm aims for returns averaging 2x to 5x on its investments and has achieved 9 profitable exits since its inception. Its portfolio includes over 240 companies across Africa, collectively valued at over $10 billion. Landmark investments include the Cape Town Tigers (2024 BAL semi-finalists), Forever7 Entertainment (Netflix content deals), and Moove (a global mobility fintech backed by Uber), and Wave (a mobile money and global remittance focused fintech backed by Stripe).

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Investment focus

  • Industry: FinTech, Financial Services, Finance
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: Nigeria, United States, Egypt

Investor stats

  • Total investments: 65
  • Round size: Seed $200k–$8.3M; Series A $1.4M–$32M; Venture - Series Unknown $100k–$26M
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • Vanhu Vamwe — Vanhu Vamwe is a luxury accessory brand that creates handcrafted, sustainable handbags using traditional African crafts and eco-friendly materials.
  • The Rad Black Kids — The Rad Black Kids is a lifestyle and apparel company that specializes in fashion. The company’s main business includes selling clothing items such as hoodies, caps, t-shirts, and etc. It also offers a range of skate boards and vintage guitars. The Rad Black Kids was founded by Thulani Ngazimbi.
  • African Warriors Fighting Championship — African Warriors Fighting Championship is Africa's leading promoter of traditional combat sports: Dambe and Wrestling.
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Goodwater Capital
VC Fund · Burlingame, California, United States · 26 investments in Africa startups

Consumer Tech Investors - We empower exceptional entrepreneurs everywhere to change the world for good.

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Investment focus

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

Investor stats

  • Total investments: 910
  • Round size: Seed $850k–$7.5M; Pre-Seed $125k–$2.1M; Series A $4.7M–$31M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: Likely actively investing — fresh fund, raised $5M in 2025

Portfolio highlights

  • Kaon — Chat with AI characters for free on FlowGPT! More than 1 million characters and bots to chat with, AI boyfriend, girlfriend, uncencored chat and AI tools.
  • RedotPay — Where Crypto Meets Real Life | Trusted by 8M+ | Accepted at 130M+ merchants | Pay with BTC, ETH, USDC, USDT & more
  • Wrtn Technologies — Bring AGI Close to People
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Hustle Fund
VC Fund · San Carlos, California, United States · 26 investments in Africa startups

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

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Investment focus

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

Investor stats

  • Total investments: 544
  • Round size: Seed $750k–$6M; Pre-Seed $100k–$2.5M; Series A $4M–$25M
  • Lead/follow: 5% lead, 95% follow
  • Last fund: Likely actively investing — fresh fund, raised $33M in 2025

Portfolio highlights

  • BON Credit — AI powered financial assistant from Bon Credit helps uncover savings, manage finances, and make smarter money decisions with AI. Start saving smarter today!
  • EquityList — Equity management with online cap table management and employee stock option programs (ESOP) administration. Available free for Indian startups
  • Orbital Sentry — Orbital Sentry delivers real-time wildfire detection and continuous geostationary monitoring to protect communities, reduce losses, and power next-generation risk intelligence. Our persistent infrared data helps insurers, governments, and first responders act faster and build true climate resilience
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Mercy Corps Ventures
VC Fund · Portland, Oregon, United States · 26 investments in Africa startups

Mercy Corps Ventures invests in and catalyzes venture-led solutions to increase the resilience of underserved individuals and communities. Founded in 2015 as the impact investing arm of global development agency, Mercy Corps, supports over 57 early-stage ventures to scale and raise over $515 million in follow-on capital. Their portfolio centersaround resilience-building solutions in adaptive agriculture and food systems, inclusive climate fintech, and climate-smart technologies so that those living in frontier markets can withstand disruption and plan for the future. Through capital and support, piloting new approaches, action-oriented insights, and rigorously managing impact, they catalyze the ecosystem toward smarter, more impactful investments.

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Investment focus

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

Investor stats

  • Total investments: 73
  • Round size: Seed $330k–$5.3M; Pre-Seed $100k–$7M; Series A $2.5M–$35M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Logidoo — Logidoo is a digital logistics marketplace-designed company that markets shuttles through smart logistics. The company's platform, which provides rapid, dependable, secure, and economical logistics, allows users to compare offers for sending and receiving items and to track parcels in real-time.
  • Meridia — De-risk the sourcing, procurement, trading & compliance of commodities under the EUDR.
  • ReForest Latam — ReForest Latam is an biotech company restoring ecosystems and creating forests to fight climate change.
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Ground Squirrel Ventures
VC Fund · Boston, Massachusetts, United States · 25 investments in Africa startups

Seed round investment in frontier markets and clean energy

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Investment focus

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

Investor stats

  • Total investments: 71
  • Round size: Seed $400k–$3M; Series A $1.8M–$5M; Venture - Series Unknown $125k–$48M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Grapevine — Grapevine makes it possible for groups to invite members, collect and distribute donations, establish a community and connect with nonprofits.
  • Untapped Global — Untapped connects global investors, and foreign capital to opportunities in emerging markets. Delivering competitive returns, and measurable impact for global investors.
  • Necessary Ventures — We invest in what the world needs.
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Belgian Investment Company for Developing Countries
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 25 investments in Africa startups

BIO invests in SMEs in developing countries and makes a structural contribution to the socio-economic growth.

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Investment focus

  • Industry: Financial Services, Finance, Banking
  • Stage:Debt Financing, Non-Equity Assistance, Venture - Series Unknown
  • Geography: Kenya, India, Belgium

Investor stats

  • Total investments: 116
  • Round size: Debt Financing $1.6M–$17M; Non-Equity Assistance $16k–$145k; Venture - Series Unknown $43k–$9.8M
  • Lead/follow: 53% lead, 47% follow

Portfolio highlights

  • Amartha — Amartha Mikro Fintech - P2P Lending Indonesia. Alternatif investasi dengan modal terjangkau mulai 100Rb. Tedaftar OJK, Imbal hasil 15%* & Berdampak Sosial.
  • Coris Holding — Coris Holding is a financial institution that was established with the motive to provide support to SMEs and SMIs.
  • Orchidia Pharmaceutical — Orchidia Pharmaceutical Industries (Orchidia) is an outstanding Egyptian company specialized in the production of pharmaceutical ophthalmic products.
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MNF Ventures
VC Fund · Casablanca, Grand Casablanca, Morocco · 25 investments in Africa 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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Novastar Ventures
VC Fund · Nairobi, Nairobi Area, Kenya · 25 investments in Africa 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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CDG Invest
VC Fund · Rabat, Rabat-Sale-Zemmour-Zaer, Morocco · 24 investments in Africa 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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Knife Capital
VC Fund · Cape Town, NA - South Africa, South Africa · 24 investments in Africa startups

Knife Capital is an independent growth equity investment firm focusing on innovation-driven ventures with proven traction. By leveraging knowledge, networks & funding, Knife accelerates the international expansion of entrepreneurial businesses that achieved a product/market fit in a beachhead market. Knife have offices in Cape Town andLondon.Knife invests via a consortium of funding partnerships, including SARS section 12J Venture Capital Company KNF Ventures and select family offices. Knife facilitated lucrative exits of local technology companies to the likes of General Electric, Visa, Garmin and Uber.

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Investment focus

  • Industry: Software, Information Technology, Education
  • Stage:Series A, Venture - Series Unknown
  • Geography: South Africa, United States, United Kingdom

Investor stats

  • Total investments: 40
  • Round size: Series A $2M–$15M; Venture - Series Unknown $1M–$2M
  • Lead/follow: 70% lead, 30% follow
  • Last fund: Likely still investing — raised $50M in 2022

Portfolio highlights

  • wamly — Wamly is the recruitment software, It has given us time back to focus on transformational work.
  • Cue — Cue is a customer service software company that empowers you with WhatsApp Business solutions to boost customer satisfaction, and drive growth.
  • Optique Optometrists — Optique Optometrists provides comprehensive eye care services, including eye tests, prescription glasses, and contact lenses. The company offers affordable eye care solutions and has multiple branches across South Africa. Customers can book appointments online and access a wide range of eyewear options. Optique Optometrists focuses on deliveringquality vision care and ensuring customer satisfaction through professional services and convenient booking options.
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Pearl Capital Partners
VC Fund · Kampala, Kampala, Uganda · 24 investments in Africa startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Enimiro — Enimiro is creating an online farming platform in form of a mobile App to connect Ugandan smallholder farmers with local investors to increase harvest while enabling urban people to invest into farming and earn proceeds at just a click of a button.
  • Kamp Feed — We are a company dealing in the production and sale of animal feeds (Pigs, Poultry, Cattle, Rabbit).
  • Newman Foods — Newman Foods is an agro-processing company that manufactures, exports, and supplies a comprehensive range of fresh agricultural products. Newman Foods Ltd is a Kampala-based agro-processing company whose primary business is producing and marketing branded consumer foods sold through retail stores in the local and the regional market, as well asaggregation and export of fresh fruits and vegetables (FFV) to the European market.
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AfricInvest
VC Fund · Tunis, Tunis, Tunisia · 23 investments in Africa startups

AfricInvest was founded in 1994 and is part of Integra Group, an investment and financial services company based in Tunisia.Uniquely positioned as one of the most experienced private equity investors on the continent, AfricInvest has dedicated investment teams focused on North Africa and Sub-Saharan Africa, and employs 66 professionals based inseven offices.AfricInvest manages USD1 billion across 16 funds and benefits from strong, long-term support from both local and international investors, including leading development finance institutions in the United States and Europe.Having co-founded the African Venture Capital Association (AVCA) as well as the Middle East North Africa Private Equity Association (MENAPEA) and the Euromed Capital Forum, the firm is an active promotor of the private equity industry in the region.Since 1994, AfricInvest has invested in 135 companies across 25 African countries in a variety of high growth sectors and maintains a broad network of high quality executives across Africa, offering extensive expertise in key growth industries, including financial services, agribusiness, consumer/retail, education and healthcare.

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Investment focus

  • Industry: Financial Services, Manufacturing, FinTech
  • Stage:Private Equity, Series A
  • Geography: Tunisia, Kenya, Morocco

Investor stats

  • Total investments: 114
  • Round size: Series A $3.4M–$65M; Private Equity $6.5M–$18M
  • Lead/follow: 65% lead, 35% follow
  • Last fund: Likely still investing — raised $36M in 2023

Portfolio highlights

  • Nile.ag — Nile.ag provides a platform for farmers to trade fresh produce with multiple producers across a number of African countries. Its digital solutions address inherent issues relating to food trading, quality verification, payments and traceability.
  • Promamec — Since 1981, Promamec has been producing and distributing medical devices in Morocco: equipment, medical equipment or consumable
  • Hi-Tech Detection Systems — Hi-Tech Detection Systems provide services based on analytical science and product inspection. They also launch remote diagnostic solutions for its fleet of analytical instruments and life sciences.
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