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Top 50 Startup Investors in Ghana (September 2026)

The most active venture capital funds and angel investors investing in Ghana startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Ghana startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Golden Palm Investments
VC Fund
7 Nigeria, United States, Egypt Seed, Pre-Seed, Series A Information Technology, Financial Services, Payments $30k–$15M
Launch Africa
VC Fund
6 Nigeria, South Africa, United States Seed, Pre-Seed, Venture - Series Unknown Financial Services, FinTech, Information Technology $200k–$4M
Samuel Kwame Boadu
Angel
6 Ghana, Nigeria Seed, Pre-Seed Publishing, News, Digital Media $1.2k–$42k
LoftyInc Capital
VC Fund
6 United States, Nigeria, Egypt Seed, Pre-Seed, Series A Financial Services, FinTech, Software $100k–$37M
Good Soil VC
VC Fund
6 Ghana, United Kingdom, Rwanda Seed, Pre-Seed, Series A FinTech, Financial Services, Retail $35k–$940k
4DX Ventures
VC Fund
5 Egypt, South Africa, United States Seed, Pre-Seed, Series A FinTech, Financial Services, Logistics $50k–$40M
Ingressive Capital
VC Fund
5 Nigeria, United States, Egypt Pre-Seed, Seed, Series A Financial Services, FinTech, Information Technology $25k–$15M
Women Entrepreneurship for Africa
VC Fund
5 Nigeria, Uganda, Cameroon Pre-Seed, Grant Health Care, Agriculture, Food and Beverage
54 Collective
VC Fund
5 Kenya, Nigeria, South Africa Seed, Pre-Seed Health Care, Information Technology, FinTech $40k–$2M
Social Capital
VC Fund
4 United States, Canada, India Seed, Series A, Series B Software, SaaS, FinTech $900k–$46M
Wangara Green Ventures
VC Fund
4 Ghana, Nigeria Seed, Venture - Series Unknown, Pre-Seed Agriculture, AgTech, Energy $330k–$500k
Microtraction
VC Fund
4 Nigeria, United States, Ghana Pre-Seed, Seed, Angel Financial Services, FinTech, Software $30k–$1.3M
Savannah Fund
VC Fund
4 Kenya, United States, South Africa Seed, Series A, Pre-Seed Software, E-Commerce, FinTech $25k–$12M
British International Investment
VC Fund
3 India, Kenya, Nigeria Debt Financing, Series B Financial Services, Banking, Finance $6.8M–$100M
SAHEL Capital
VC Fund
3 Nigeria, Ghana, Kenya Debt Financing, Private Equity, Series B Agriculture, Farming, Food and Beverage $500k–$2.4M
Absa Bank Ghana
VC Fund
3 Ghana Debt Financing, Seed, Series A Mining, Mobile, Retail $3.3M–$205M
First circle capital
VC Fund
3 Nigeria, Egypt, United States Pre-Seed, Seed Financial Services, FinTech, Payments $100k–$4M
Breyer Capital
VC Fund
3 United States, United Kingdom, Kenya Series A, Series B, Seed Health Care, Software, Financial Services $4M–$130M
Verdant Capital
VC Fund
3 Kenya, South Africa, Ghana Debt Financing, Venture - Series Unknown, Seed Financial Services, FinTech, Finance $2M–$30M
VestedWorld
VC Fund
3 Nigeria, Kenya, Ghana Seed, Series A, Series B Agriculture, Farming, E-Commerce $1.6M–$20M
Investisseurs & Partenaires
VC Fund
3 France, Senegal, Côte d'Ivoire Seed, Series A Financial Services, Health Care, Food and Beverage
E3 Capital
VC Fund
3 Kenya, South Africa, United States Seed, Series A, Series B Energy, Solar, Renewable Energy $900k–$40M
Symbiotics Group
VC Fund
3 India, Ghana, United States Debt Financing, Post-IPO Debt, Seed Financial Services, FinTech, Finance $2.3M–$165M
Oikocredit International
VC Fund
3 India, Nigeria, Kenya Debt Financing, Series B Financial Services, Finance, FinTech $1.1M–$33M
APL group
VC Fund
3 Ghana, Nigeria, United States Series A, Seed, Series C Health Care, FinTech, Logistics $18M–$18M
Kosmos Innovation Centre
VC Fund
3 Ghana, Singapore Seed, Pre-Seed AgTech, Agriculture, Apps $35k–$50k
Kli Capital
VC Fund
2 United States, Israel, Mexico Seed, Series A Health Care, Software, Wellness $1.6M–$21M
Acumen
VC Fund
2 United States, India, Kenya Seed, Venture - Series Unknown Agriculture, Solar, Financial Services $300k–$10M
Persistent
VC Fund
2 Ghana, Germany, Switzerland Seed, Series A Energy, Solar, Renewable Energy $500k–$10M
The Draper Richards Kaplan Foundation
VC Fund
2 United States, India, United Kingdom Grant, Seed, Venture - Series Unknown Non Profit, Association, Health Care $83k–$3.8M
Norfund
VC Fund
2 Kenya, South Africa, Nigeria Private Equity, Venture - Series Unknown Financial Services, Energy, Renewable Energy $7.4M–$125M
Factor E
VC Fund
2 Kenya, United States, India Seed, Series A, Convertible Note Energy, Renewable Energy, Agriculture $20k–$10M
Alitheia Capital
VC Fund
2 Nigeria, Ghana, Turkey Series A, Seed, Venture - Series Unknown FinTech, Logistics, Agriculture $3M–$12M
Mercy Corps Ventures
VC Fund
2 Kenya, United States, Nigeria Seed, Pre-Seed, Series A Financial Services, FinTech, Agriculture $100k–$35M
FMO
VC Fund
2 India, Kenya, The Netherlands Debt Financing, Post-IPO Debt, Series B Financial Services, Finance, Renewable Energy $5M–$420M
Newtown Partners
VC Fund
2 South Africa, United States, Ghana Seed, Series A, Venture - Series Unknown Logistics, Software, Health Care $600k–$30M
M3
VC Fund
2 Japan, Nigeria, Egypt Series B, Venture - Series Unknown, Corporate Round Health Care, Biotechnology, Medical $881k–$42M
TRB Advisors
VC Fund
2 United States, Ghana, Nigeria Seed, Series A, Series C SaaS, EdTech, E-Learning $2M–$60M
Equitable Ventures
VC Fund
2 Nigeria, South Africa, Ghana Seed, Venture - Series Unknown, Pre-Seed Financial Services, Information Technology, AgTech $80k–$2.6M
ImpactAssets
VC Fund
2 United States, Ghana, India Seed, Series A, Angel Software, Health Care, Biotechnology $215k–$35M
DEG
VC Fund
2 India, South Africa, Ghana Venture - Series Unknown, Debt Financing, Grant Financial Services, FinTech, E-Commerce $100k–$72M
Alitheia IDF
VC Fund
2 Nigeria, South Africa, Ghana Venture - Series Unknown, Series A, Seed E-Commerce, Retail, Logistics $2.8M–$13M
Matthias Hilpert
Angel
2 Germany, United Kingdom, United States Seed, Series A, Pre-Seed Software, SaaS, Information Technology $800k–$15M
Cathay Innovation
VC Fund
2 United States, France, China Series B, Series A, Series C Software, Artificial Intelligence, FinTech $6.2M–$176M
Speedinvest
VC Fund
2 United Kingdom, Germany, Austria Seed, Series A, Pre-Seed Software, FinTech, Financial Services $411k–$33M
GreenTec Capital Partners
VC Fund
2 Kenya, Nigeria, Morocco Seed, Venture - Series Unknown, Pre-Seed Logistics, Information Technology, Retail $50k–$1M
CV VC
VC Fund
2 United States, Switzerland, Germany Seed, Pre-Seed, Angel Blockchain, Software, FinTech $125k–$4M
Proparco
VC Fund
2 India, Kenya, Nigeria Debt Financing, Private Equity, Venture - Series Unknown Financial Services, Energy, Finance $447k–$290M
Shell Foundation
VC Fund
2 India, United States, Kenya Grant, Seed, Series A Energy, Financial Services, Solar $300k–$12M
Greater Impact Foundation
VC Fund
2 Ghana Seed Agriculture, Social Entrepreneurship $1.5M–$6.4M
Access all 389 investors in Ghana startups.

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

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Investor list

Golden Palm Investments
VC Fund · Accra, Greater Accra, Ghana · 7 investments in Ghana 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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Launch Africa
VC Fund · Ebène, Plaines Wilhems, Mauritius · 6 investments in Ghana 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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Samuel Kwame Boadu
Angel · 6 investments in Ghana startups

Founder & CEO; Consultant @ SamBoad Express Editor-In-Chief @ Samuel Kwame Boadu's Journal Editor-In-Chief @ Accra Sports News Creative Director @ SamBoad Media Consult Founding CEO @ SamBoad Business Group Ltd Editor-In-Chief @ SamBoad Publishing Editor-In-Chief & Founder @ Accra Street Journal

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Investment focus

  • Industry: Publishing, News, Digital Media
  • Stage:Seed, Pre-Seed
  • Geography: Ghana, Nigeria

Investor stats

  • Total investments: 9
  • Round size: Seed $1.2k–$42k; Pre-Seed $5k–$15k
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Accra Sports News — Accra Sports News, an extension of Accra Street Journal, is your go-to hub for up-to-the-minute sports coverage in Ghana and beyond. From football, boxing, and athletics to breaking sports headlines and exclusive player stories, we deliver trusted, fast, and in-depth sports journalism
  • Accra Street Journal — Accra Street Journal is Ghana’s source for business, finance, technology, and economic news, providing in-depth analysis and insights into the country’s evolving markets. They deliver timely and credible news on key sectors, including banking, entrepreneurship, innovation, and government policies, ensuring our readers stay informed about the forcesshaping Ghana’s economic landscape.Our mission is to bridge the information gap between businesses, policymakers, and the public, empowering entrepreneurs, investors, and decision-makers with accurate and actionable intelligence. With a strong focus on investigative journalism and expert commentary, Accra Street Journal is your trusted guide to understanding Ghana’s financial world.Stay ahead with breaking news, exclusive interviews, and expert opinions from the heart of Accra’s business district and beyond.
  • The High Street Business — The High Street Business provides news and information about business, markets, and finance. It reports updates on trade, commerce, retail, and investment trends that shape the economy. The platform shares articles about enterprise, policy, and insights related to economic activities and developments. It publishes editorials and analyses thatexplain key topics in the business environment. It features reports about technology, finance, and public policy that influence local and regional markets. It also offers guides and discussions about topics such as digital payments, mining, and financial security.
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LoftyInc Capital
VC Fund · Carmel, California, United States · 6 investments in Ghana 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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Good Soil VC
VC Fund · London, England, United Kingdom · 6 investments in Ghana startups

We are a venture capital firm that partners with founders to build global, market-defying companies. We fund diverse teams across Sub-Saharan Africa and Europe.

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Investment focus

  • Industry: FinTech, Financial Services, Retail
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Ghana, United Kingdom, Rwanda

Investor stats

  • Total investments: 11
  • Round size: Seed $35k–$940k
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Livoh — Livoh is a software firm offering live streaming platform so the content can reach its target market.
  • Zeepay — Zeepay Ghana Limited is a wholly Ghanaian owned Mobile FinancialServices company focusing on providing integrated mobile payments services with mobile wallets targeting the unbanked and banked population with the objective of bringing the unbanked into the financial stream and easing payments and collections for the banked population.Zeepayfacilitates the processing of multiple mobile phone payment transactions, and operates as a aggregator that brings transaction of all players together on one single platform. The company’s core application runs on open source technology, and is designed to integrate all types of payment platforms, banks, merchants, Mobile Network Operators (MNOs), and other companies with subscriber based transactions.
  • STEELO STYLE LTD — Join The Steelo Community
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4DX Ventures
VC Fund · Brooklyn, New York, United States · 5 investments in Ghana 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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Ingressive Capital
VC Fund · Lagos, Lagos, Nigeria · 5 investments in Ghana 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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Women Entrepreneurship for Africa
VC Fund · Lagos, Lagos, Nigeria · 5 investments in Ghana 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 · 5 investments in Ghana 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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Social Capital
VC Fund · Palo Alto, California, United States · 4 investments in Ghana 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.
Show all investments...

Access 48,091 investors

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

Browse database — It's Free!
Wangara Green Ventures
VC Fund · Accra, Greater Accra, Ghana · 4 investments in Ghana startups

Wangara Green Ventures is a climate-focused impact investment asset manager in Ghana, West Africa.

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Investment focus

  • Industry: Agriculture, AgTech, Energy
  • Stage:Seed, Venture - Series Unknown, Pre-Seed
  • Geography: Ghana, Nigeria

Investor stats

  • Total investments: 5
  • Round size: Venture - Series Unknown $330k–$500k
  • Lead/follow: 80% lead, 20% follow

Portfolio highlights

  • Wami Agro — WamiAgro connects African farmers with digital farm management, market access, credit support, and climate-smart agriculture solutions.
  • Kofa — Kofa is an automotive company that utilizes the latest electric battery and motor technology. The company aims to develop an affordable, sustainable and customer driven electric network in transformative energy, transport, and climate change around the globe. Kofa was founded in Ghana and is headquartered in Accra.
  • Northlite Solar — NorthLite Solar is a renewable energy provider that delivers solar power solutions for both commercial and residential sectors.
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Microtraction
VC Fund · Lagos, Lagos, Nigeria · 4 investments in Ghana 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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Savannah Fund
VC Fund · Nairobi, Nairobi Area, Kenya · 4 investments in Ghana 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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British International Investment
VC Fund · London, England, United Kingdom · 3 investments in Ghana 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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SAHEL Capital
VC Fund · Lagos, Lagos, Nigeria · 3 investments in Ghana startups

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

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Investment focus

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

Investor stats

  • Total investments: 18
  • Round size: Debt Financing $500k–$2.4M
  • Lead/follow: 78% lead, 22% follow
  • Last fund: Likely actively investing — fresh fund, raised $10M in 2025

Portfolio highlights

  • Rasad Nigeria — Rasad Nigeria is specialize in the sourcing and export of premium cocoa and cashew nuts.
  • Persea Oils and Orchards — Persea Oils and Orchards is deeply dedicated to organic and sustainable farming practices fostering agricultural growth.
  • Noma Service Consolidated — Noma Service Consolidated is a commodity trading business that creates organized agricultural markets by linking supply at the source to local and worldwide demand.
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Absa Bank Ghana
VC Fund · Accra, Greater Accra, Ghana · 3 investments in Ghana startups

Absa Ghana Personal Banking

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Investment focus

  • Industry: Mining, Mobile, Retail
  • Stage:Debt Financing, Seed, Series A
  • Geography: Ghana

Investor stats

  • Total investments: 4
  • Round size: Debt Financing $3.3M–$205M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Zeepay — Zeepay Ghana Limited is a wholly Ghanaian owned Mobile FinancialServices company focusing on providing integrated mobile payments services with mobile wallets targeting the unbanked and banked population with the objective of bringing the unbanked into the financial stream and easing payments and collections for the banked population.Zeepayfacilitates the processing of multiple mobile phone payment transactions, and operates as a aggregator that brings transaction of all players together on one single platform. The company’s core application runs on open source technology, and is designed to integrate all types of payment platforms, banks, merchants, Mobile Network Operators (MNOs), and other companies with subscriber based transactions.
  • Green Gold Farms — Green Gold Farms is also developing an innovative outgrower scheme that allows smallholder farmers to lift themselves out of poverty by training them on regenerative agriculture best practices, enabling them to produce on larger plots of land, and providing them with all of the necessary inputs and mechanization. Over time, the company aims to cedeits primary production to these smallholder farmers and move up the value chain into processing and, eventually, into manufacturing.
  • Engineers & Planners — Engineers & Planners conducts contract mining services with expertise in mining environments.
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First circle capital
VC Fund · Casablanca, Grand Casablanca, Morocco · 3 investments in Ghana startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • PayTic — PayTic enables payments issuers to manage their card programs by providing dedicated back-office solutions that streamline the end-to-end operations in customer support, chargebacks, fraud, AML, reporting, and reconciliation. Our proprietary solutions are unique in automating and centralizing the program management processes, regardless of thenumber of processors and the payment networks involved in the payments products. We impact payments providers by eliminating the defragmented and manual processes and replacing them with a SaaS platform that increases proactivity, mitigates risks, and delivers value. It reduces the burn rate to near 0 in operational costs and offers an unprecedented competitive advantage. PayTic is introducing the Zero Ops model in managing payments.
  • Pumpkn — Need reliable funding? We provide quick loans and capital tailored for Agriculture businesses in South Africa. Grow your business with Pumpkn. Apply now!
  • Scale — Scale accelerates market entry and revenue for fintechs with a people-first approach.
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Breyer Capital
VC Fund · Menlo Park, California, United States · 3 investments in Ghana startups, 7 in the past 12 months

Breyer Capital is an independent global venture capital and private equity investor. Founded by Jim Breyer in 2006, we make long-term, idea-driven investments.

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Investment focus

  • Industry: Health Care, Software, Financial Services
  • Stage:Series A, Series B, Seed
  • Geography: United States, United Kingdom, Kenya

Investor stats

  • Total investments: 215
  • Round size: Seed $4M–$22M; Series A $10M–$48M; Series B $20M–$130M
  • Lead/follow: 21% lead, 79% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Onyx Odds — Onyx - Odds on Everything
  • Network Bio — Network Bio builds AI on the world's largest patient tissue training dataset, linked to blood samples and clinical outcomes from top US academic biobanks.
  • Pathway Labs — AI-derived biomarkers from a single ECG. Validated across 12 hospitals and 500,000+ patients.
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Verdant Capital
VC Fund · Port Louis, Port Louis, Mauritius · 3 investments in Ghana startups

Verdant Capital is a specialist corporate finance firm with exception experience transacting across the African continent. Verdant Capital operates in two segments, Financial Institutions and Corporate Finance. It operates from offices in Johannesburg, Mauritius and Accra.

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Debt Financing, Venture - Series Unknown, Seed
  • Geography: Kenya, South Africa, Ghana

Investor stats

  • Total investments: 12
  • Round size: Debt Financing $2M–$30M; Venture - Series Unknown $3M–$13M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: Likely actively investing — fresh fund, raised $1.3M in 2026

Portfolio highlights

  • BFree — BFree focuses its collection processes on sustainably leading customers out of debt by giving them back control over their finances.
  • 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.
  • Zeepay — Zeepay Ghana Limited is a wholly Ghanaian owned Mobile FinancialServices company focusing on providing integrated mobile payments services with mobile wallets targeting the unbanked and banked population with the objective of bringing the unbanked into the financial stream and easing payments and collections for the banked population.Zeepayfacilitates the processing of multiple mobile phone payment transactions, and operates as a aggregator that brings transaction of all players together on one single platform. The company’s core application runs on open source technology, and is designed to integrate all types of payment platforms, banks, merchants, Mobile Network Operators (MNOs), and other companies with subscriber based transactions.
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VestedWorld
VC Fund · Chicago, Illinois, United States · 3 investments in Ghana startups

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

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Investment focus

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

Investor stats

  • Total investments: 29
  • Round size: Seed $1.6M–$6.1M; Series A $2.5M–$4.4M; Series B $9M–$20M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: Likely still investing — raised $21M 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.
  • Points Africa — Shop, earn & redeem Points Africa Loyalty Reward Points seamlessly at stores, restaurants, banks, fuel stations and more throughout Africa. Download the app now.
  • Jackfruit Finance — Fast, flexible school financing in Kenya. Get working capital, projects, and asset loans designed around school fee cycles and growth needs.
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Investisseurs & Partenaires
VC Fund · Paris, Ile-de-France, France · 3 investments in Ghana startups

Investisseurs et Partenaires

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Investment focus

  • Industry: Financial Services, Health Care, Food and Beverage
  • Stage:Seed, Series A
  • Geography: France, Senegal, Côte d'Ivoire

Investor stats

  • Total investments: 103
  • Lead/follow: no public data

Portfolio highlights

  • iProcure — iProcure is a Nairobi-based start-up working to optimize the agriculture input supply chain in rural Kenya. iProcure’s web and mobile technology solution improves agriculture retailers’ operations. It lets them manage ordering based on inventory, point of sale activities, and client profiles along with geo-located purchasing patterns, real-timeagent performance and transaction analysis, and built-in mobile payments. As a result, retailers can better predict demand with business intelligence data, improve inventory management, and streamline distribution efficiency.
  • Trackbit — Trackbit is a cryptocurrency exchange platform.
  • Lapaire — Discover a wide range of high-quality & affordable eyeglasses at Lapaire Glasses. Book a free vision test with our professional optometrists to help you find your perfect pair of glasses to enhance your vision and style. Shops in 7 african countries: Benin, Ivory Coast, Togo, Burkina Faso, Mali, Kenya and Uganda.
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E3 Capital
VC Fund · Paris, Ile-de-France, France · 3 investments in Ghana 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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Symbiotics Group
VC Fund · Geneva, Geneve, Switzerland · 3 investments in Ghana startups, 7 in the past 12 months

Symbiotics is the leading market access platform for impact investing. Symbiotics offers investment, asset management and capacity building services.

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Debt Financing, Post-IPO Debt, Seed
  • Geography: India, Ghana, United States

Investor stats

  • Total investments: 44
  • Round size: Seed $2.3M–$3.2M; Post-IPO Debt $5M–$165M; Debt Financing $2.5M–$37M
  • Lead/follow: 64% lead, 36% follow

Portfolio highlights

  • Farmnet — Farmnet trading arm of Singapore-headquartered TechCoop, operates as a key player in Vietnam's agricultural supply chain, focusing on commodities trading and related services.
  • iFarmer — iFarmer connects farmers, agri-suppliers and funders with technology, financing, and advisory to boost agricultural productivity and sustainability.
  • Platinum Credit Uganda — We are an ISO Certified Microfinance Company, licensed & regulated by @UgMicrofinAuth Proud Sponsors of the Platinum Credit @HeathensRFC #ThereWhenYouNeedUs
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Oikocredit International
VC Fund · Amersfoort, Utrecht, The Netherlands · 3 investments in Ghana startups

Invest in People with Oikocredit and use your money to create change. giving people opportunity to build better lives. Invest Now

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Investment focus

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

Investor stats

  • Total investments: 71
  • Round size: Series B $3.6M–$24M; Debt Financing $1.1M–$33M
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • Djamo — Djamo is a Provider of financial applications to allow customers to use their cards with zero fees in a wide range of services.
  • Prestamype — Prestamype was launched in 2017 with the aim of providing a broader access to funding to micro and small businesses, with better credit conditions. With its first product, a secured working capital loan with a real estate collateral, it has lent over USD 24 million to 750 Peruvian entrepreneurs (as of 1st of October 2021). In 2019, Prestamypelaunched its online FX platform called Cambio Seguro. In 2020, the company launched its digital factoring product. In 2021, INCA Ventures and Angel Ventures Peru (AVP), two leading funds in Peru, invested in the company.
  • Sindhuja Microcredit — Sindhuja Microcredit is a new generation digital and rural-focused Micro Finance Institution (MFI) providing financial services to the bottom of the pyramid self-employed women entrepreneurs.
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APL group
VC Fund · Central, Hong Kong Island, Hong Kong · 3 investments in Ghana startups

APL group is a private firm that invests in real estate, renewable energy, digital infrastructure, and private equity transactions.

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Investment focus

  • Industry: Health Care, FinTech, Logistics
  • Stage:Series A, Seed, Series C
  • Geography: Ghana, Nigeria, United States

Investor stats

  • Total investments: 5
  • Round size: Series A $18M–$18M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Jetstream Africa — Jetstream monitors inventory and goods-in-transit for trade creditors and banks.
  • Carepoint Hospitals — Carepoint Hospitals is a network of healthcare facilities providing optimized and patient-centered services.
  • Africa Health Holdings Ltd — Africa Health Holdings cultivates a work-environment that motivates professionals to strive to exceed their expectations. It offers a variety of exciting and challenging careers across Africa and North America. It values teamwork and the enthusiasm to become a contributor to the development and success of local communities across Africa.It wasfounded in 2017 and is headquartered in Accra, Ghana with offices in Nigeria and New York.
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Kosmos Innovation Centre
VC Fund · Accra, Greater Accra, Ghana · 3 investments in Ghana startups

Explore funding options for small business ideas in Africa. Learn how to access capital, grow your startup, and succeed as an entrepreneur.

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Investment focus

  • Industry: AgTech, Agriculture, Apps
  • Stage:Seed, Pre-Seed
  • Geography: Ghana, Singapore

Investor stats

  • Total investments: 5
  • Round size: Seed $35k–$50k
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Ethermon — Ethermon is a startup building blockchain-based games and gaming platform. Ethermon is the company's flagship title and has been in top 2 most popular dApp game not long since its release. The team is partnering with many notable projects such as Decentraland and Zilliqa in blockchain space to build game on VR and find a good scalabilitysolutions for games. In a longer term, Ethermon team will empower game builders to build more games on blockchain to re-shape the traditional gaming industry.
  • Yarp foods — YARP Foods is an agri processing startup that specializes in producing cost-effective all-purpose cassava flour for the flour user industries.
  • Complete Farmer — Complete Farmer connects growers, buyers, and vendors with technology, support, and market access across Ghana and beyond.
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Kli Capital
VC Fund · Montréal, Quebec, Canada · 2 investments in Ghana startups

Kli Capital is a firm focused on investing in fearless entrepreneurs who are building foundational enterprise technologies and ubiquitous consumer brands. We partner with exceptional founders with unique insights, from inception through all phases of growth.

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Investment focus

  • Industry: Health Care, Software, Wellness
  • Stage:Seed, Series A
  • Geography: United States, Israel, Mexico

Investor stats

  • Total investments: 107
  • Round size: Seed $1.6M–$8M; Series A $2.2M–$21M
  • Lead/follow: 2% lead, 98% follow
  • Last fund: Likely still investing — raised $50M in 2022

Portfolio highlights

  • Prograd — ProGrad develops a credit risk assessment platform to connect financial institutions with third-level students looking for funding. Its platform includes Artificial Intelligence in credit scoring to lend responsibly to young customers with thin credit files based on future earning potential.The company was founded in 2020 and is headquartered inLondon, England.
  • Longevity AI — Defy aging with personalized AI
  • Sequent — Sequent is a pioneering online voting platform that utilizes advanced cryptographic technology and an open-source development approach to ensure online elections are secure, transparent and 100% verifiable.
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Acumen
VC Fund · New York, New York, United States · 2 investments in Ghana 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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Persistent
VC Fund · Zürich, Zurich, Switzerland · 2 investments in Ghana startups

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

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Investment focus

  • Industry: Energy, Solar, Renewable Energy
  • Stage:Seed, Series A
  • Geography: Ghana, Germany, Switzerland

Investor stats

  • Total investments: 26
  • Round size: Seed $500k–$1.3M; Series A $1.3M–$10M
  • Lead/follow: 81% lead, 19% follow

Portfolio highlights

  • Dodai — Dodai manufactures and assembles the electric motorcycles.
  • EcoNetix — Leading Carbon Asset Manager for voluntary and compliance markets (CORSIA, Art. 6), we help companies reduce emissions, offset with high-integrity credits, and communicate impact.
  • Circadian Technologies GmbH — AI-driven VPP unlocking revenue for telecom towers.
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The Draper Richards Kaplan Foundation
VC Fund · Menlo Park, California, United States · 2 investments in Ghana startups

William H. Draper, III and Robin Richards Donohoe began investing together in the venture industry in 1994 concentrating on building companies in India. Since 1994, they have invested in over one hundred early stage information technology investments both in India and the United States. In 2010, the Foundation joined forces with Robert S. Kaplan,formerly vice-chairman of Goldman Sachs and currently professor of leadership at Harvard Business School. Together the team raised their second fund inviting fourteen innovative philanthropists to join the fund.

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Investment focus

  • Industry: Non Profit, Association, Health Care
  • Stage:Grant, Seed, Venture - Series Unknown
  • Geography: United States, India, United Kingdom

Investor stats

  • Total investments: 134
  • Round size: Seed $83k–$3.8M; Grant $100k–$550k
  • Lead/follow: 44% lead, 56% follow
  • Last fund: May invest from a new fund soon — raised $65M in 2016

Portfolio highlights

  • Farm to Feed — One third of all food is lost or wasted, enough to feed the number of hungry people twice worldwide. Food loss and waste contributes to 10% of greenhouse gases globally. We aggregate and repurpose imperfect and surplus produce to create a healthier planet.
  • Energiesprong — Energiesprong is a revolutionary, whole house refurbishment and new built standard and funding approach. Mission: scale this approach to international markets.
  • Honeycomb Credit — Grow your business and raise up to $250,000 in crowdfunded community capital from your customers, fans, and local friends.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Norfund
VC Fund · Oslo, Oslo, Norway · 2 investments in Ghana startups

Norwegian investment fund for developing countries

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Investment focus

  • Industry: Financial Services, Energy, Renewable Energy
  • Stage:Private Equity, Venture - Series Unknown
  • Geography: Kenya, South Africa, Nigeria

Investor stats

  • Total investments: 105
  • Round size: Private Equity $7.4M–$125M; Venture - Series Unknown $8M–$70M
  • Lead/follow: 63% lead, 37% follow
  • Last fund: May invest from a new fund soon — last raise in 2009

Portfolio highlights

  • Erco Energía — We build Solar PV, EV infrastructure and Electric Energy Storage systems. Erco was founded in 2012 and is based in Medellín,Colombia with offices in Cali and Bogotá.
  • CrossBoundary — CrossBoundary Energy's energy solutions help decarbonize enterprise by providing cleaner, cheaper, and more reliable power.
  • mopo — Mobile Power's innovative pay-per-use battery sharing network unlocks clean energy for households, businesses and electric transport in Sub-Saharan Africa.
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Factor E
VC Fund · Fort Collins, Colorado, United States · 2 investments in Ghana startups

Factor E is a finance company that impacts venture builders, dedicated to supporting the people and ideas that will turn the tables in the global battle for sustainable solutions to energy, agriculture, mobility, and waste challenges in emerging and frontier markets. It serves as a conduit between philanthropic and commercial investors throughmarket-driven forces.

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Investment focus

  • Industry: Energy, Renewable Energy, Agriculture
  • Stage:Seed, Series A, Convertible Note
  • Geography: Kenya, United States, India

Investor stats

  • Total investments: 34
  • Round size: Seed $500k–$4.6M; Series A $1.3M–$10M; Convertible Note $20k–$1.3M
  • Lead/follow: 41% lead, 59% follow

Portfolio highlights

  • InspiraFarms — InspiraFarms provides on-and-near farm, grid & solar powered Cold Rooms & Packhouses for agribusinesses & distributors. Reduce energy costs & food losses!
  • Open Access Energy — South Africa's first multilateral wheeling software platform that automates energy transactions.
  • 60Hertz Energy — Unify asset management with asset monitoring, enhance scheduling, and facile communication. Book a Demo Now!
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Alitheia Capital
VC Fund · Lagos, Lagos, Nigeria · 2 investments in Ghana startups

Impact investor providing both social and financial returns

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Investment focus

  • Industry: FinTech, Logistics, Agriculture
  • Stage:Series A, Seed, Venture - Series Unknown
  • Geography: Nigeria, Ghana, Turkey

Investor stats

  • Total investments: 12
  • Round size: Seed $3M–$7M; Series A $4.2M–$12M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Haul247 — Haul247 delivers structured haulage, warehouse management, and port logistics across Africa. 3310+ trucks, 70+ warehouses.
  • Complete Farmer — Complete Farmer connects growers, buyers, and vendors with technology, support, and market access across Ghana and beyond.
  • Hinckley Recycling — Hinckley Recycling is dedicated to the responsibility of being a good steward of the environment and will in all circumstances aspire to constantly emphasize awareness of the natural environment, whilst maintaining a level of proficiency which demonstrates bona fide leadership in all spheres of the environment.
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Mercy Corps Ventures
VC Fund · Portland, Oregon, United States · 2 investments in Ghana 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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FMO
VC Fund · The Hague, Zuid-Holland, The Netherlands · 2 investments in Ghana startups

FMO is a financial investment firm that specializes in financing businesses and projects FMO invests across the agribusiness value chain to enhance food security, support sustainability and promoting inclusive development.

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Investment focus

  • Industry: Financial Services, Finance, Renewable Energy
  • Stage:Debt Financing, Post-IPO Debt, Series B
  • Geography: India, Kenya, The Netherlands

Investor stats

  • Total investments: 201
  • Round size: Series B $5.3M–$46M; Post-IPO Debt $30M–$420M; Debt Financing $5M–$195M
  • Lead/follow: 55% lead, 45% follow

Portfolio highlights

  • Tagaddod — Tagaddod is a renewable Energy and Waste Management Egyptian company, started in February 2013 and operating in Cairo –Egypt. Currently focusing on clean fuels, Tagaddod is working on Biodiesel production from Vegetable Oils. Biodiesel is a fuel alternative that is produced from waste vegetable oils and used in conventional diesel engines, whichcan directly substitute for or extend supplies of traditional petroleum diesel.
  • SolarSaver — We provide customised rooftop solar PV solutions to corporate, industrial customers in Namibia & SA through its proprietary zero-capital financing model.
  • Coris Holding — Coris Holding is a financial institution that was established with the motive to provide support to SMEs and SMIs.
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Newtown Partners
VC Fund · Cape Town, NA - South Africa, South Africa · 2 investments in Ghana 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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M3
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Ghana startups

About M3, Inc.

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Investment focus

  • Industry: Health Care, Biotechnology, Medical
  • Stage:Series B, Venture - Series Unknown, Corporate Round
  • Geography: Japan, Nigeria, Egypt

Investor stats

  • Total investments: 27
  • Round size: Series B $2.5M–$40M; Corporate Round $881k–$42M; Venture - Series Unknown $2M–$9M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: May invest from a new fund soon — raised $93M in 2020

Portfolio highlights

  • 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
  • Segmed — At Segmed, our platform Insight democratizes healthcare data. We work with data partners to ensure secured, anonymized medical data for AI developers.
  • Valt Japan — VALT JAPAN is a social business compan that continues to pursue solutions to social issues.
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TRB Advisors
VC Fund · New York, New York, United States · 2 investments in Ghana startups

TRB Advisors LP is a private investment firm. TRB engages in a broad range of investment activities and seeks superior risk-adjusted returns through a long-term, patient, and flexible investment mandate. The firm’s investment professionals are led by Heath L. Watkin, President and Chief Investment Officer, and operate from TRB’s offices in New YorkCity.

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Investment focus

  • Industry: SaaS, EdTech, E-Learning
  • Stage:Seed, Series A, Series C
  • Geography: United States, Ghana, Nigeria

Investor stats

  • Total investments: 11
  • Round size: Seed $2M–$4M; Series A $12M–$18M; Series C $50M–$60M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • MakersHub — MakersHub is an AI-powered accounts payable software built for job costing, multi-entity, and high-volume teams. Automate line-item extraction, approvals, error prevention, and ERP sync.
  • Subject — Empower students with engaging, video-first curriculum from Subject.com for better outcomes in K-12 education. Increase graduation rates and student success.
  • Athletic Brewing — Athletic Brewing Company is revolutionizing beer for the modern adult by proudly brewing great-tasting, craft non-alcoholic beer.
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Equitable Ventures
VC Fund · Calebasses, Pamplemousses, Mauritius · 2 investments in Ghana startups

Equitable Ventures is a venture funding firm that focuses on financial inclusion in Africa. It provide opportunity to help Africa's most promising early-stage fintech firms, with both financial rewards and impact.

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Investment focus

  • Industry: Financial Services, Information Technology, AgTech
  • Stage:Seed, Venture - Series Unknown, Pre-Seed
  • Geography: Nigeria, South Africa, Ghana

Investor stats

  • Total investments: 24
  • Round size: Seed $100k–$2.6M; Pre-Seed $80k–$1.8M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • 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.
  • Startbutton — Startbutton Africa is a Merchant of Record (digital commerce infrastructure platform) that helps businesses expand across African markets by simplifying payments, compliance, and collections
  • Happy Pay — Happy Pay is a credit scoring system developing company. The company integrates an autonomous artificial intelligence technology system with the merchant's platform to increase their average basket size and customer conversion metrics, providing users with buy now, and pay later services.
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ImpactAssets
VC Fund · Bethesda, Maryland, United States · 2 investments in Ghana startups

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

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Investment focus

  • Industry: Software, Health Care, Biotechnology
  • Stage:Seed, Series A, Angel
  • Geography: United States, Ghana, India

Investor stats

  • Total investments: 33
  • Round size: Seed $616k–$4M; Angel $215k–$400k; Series A $4.3M–$35M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Afterwind — Afterwind® exists to preserve natural resources for future generations by recycling glass fibre assets into circular advanced materials with full traceability.We help asset owners and industrial manufacturers in Advanced Materials, Renewable Energy, and Construction recover and reuse end-of-life and byproduct materials without compromising theiroriginal properties, including glass and carbon fibres, PET and PVC foams, and resin powders.Team Afterwind is expanding across Europe, working on- or near-site to help our clients cut costs, CO2, and risks, while supplying stable, high-quality, circular advanced materials that deliver on EU Taxonomy and green targets.
  • Salva Health — Salva Health is a healthcare solutions provider company that develops products to enable the prevention and early detection of diseases.
  • Affinity — Join over 145,000 who trust the Affinity to manage their personal and business banking needs, from payments to savings, as well as loans
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DEG
VC Fund · Overland Park, Kansas, United States · 2 investments in Ghana startups

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

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Investment focus

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

Investor stats

  • Total investments: 25
  • Round size: Grant $100k–$800k; Debt Financing $6.5M–$33M; Venture - Series Unknown $4.7M–$72M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • SUN Energy — SUN Energy - Pengembang Proyek PLTS Terkemuka untuk Mendukung Perjalanan Keberlanjutan Perusahaan Anda.
  • Turnkey Lender — Turnkey Lender is a Commercial lending software that can improve efficiency and reduce costs for financial services companies.
  • Naked Insurance — The new way to cover your stuff: savings & convenience through AI. Naked Insurance offers online insurance for car, home and contents. Get a quote in 90 seconds!
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Alitheia IDF
VC Fund · Moka, Moka, Mauritius · 2 investments in Ghana startups

Alitheia IDF is investing in dynamic and growing businesses throughout Africa. By investing in teams that recognize the importance of gender diversity the firm generates superior financial returns and impact.

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Investment focus

  • Industry: E-Commerce, Retail, Logistics
  • Stage:Venture - Series Unknown, Series A, Seed
  • Geography: Nigeria, South Africa, Ghana

Investor stats

  • Total investments: 12
  • Round size: Seed $2.8M–$13M; Series A $3M–$11M; Venture - Series Unknown $4.5M–$5M
  • Lead/follow: 67% lead, 33% follow
  • Last fund: Likely still investing — raised $100M in 2021

Portfolio highlights

  • Lupiya — Lupiya is a financial technology company that provides digital lending services designed to help individuals and small businesses access short-term credit and installment financing. The platform offers mobile-accessible loans that can be used for expenses such as personal needs, business cash flow, or emergency payments, using an online applicationprocess that evaluates creditworthiness through alternative data and behavioral indicators. Lupiya’s services include flexible repayment schedules, automated disbursement, and electronic account management so users can monitor balances and repayment activity within the app or web interface. The company also offers tools for budgeting and payment reminders to support borrowers in managing their credit obligations. Through integrations with local payment networks and banking partners, Lupiya facilitates secure fund transfers and compliance with financial regulations. Its lending infrastructure is tailored to expand access to credit for underserved populations and small enterprises that may have limited access to traditional banking services.
  • Seamfix — Seamfix’s end-to-end electronic ID and credentials software solutions address the lack of digital ID systems for 30+ African countries and over 250M individuals, providing access to credit, banking, and other essential services for large parts of populations.
  • Alma Clinics — ALMA CLINICS Primary Healthcare with Advanced Blockchain, AI technology. BEST Clinic providing affordable healthcare, Soweto, Johannesburg, South Africa.
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Matthias Hilpert
Angel · Berlin, Berlin, Germany · 2 investments in Ghana startups

Matthias Hilpert - CEO @ MH2 Capital

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Germany, United Kingdom, United States

Investor stats

  • Total investments: 37
  • Round size: Seed $800k–$6.5M; Series A $3M–$15M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Flinn — We are driven to impact the health of millions of people around the globe by enabling medical companies to launch and operate products more efficiently. To make this vision come true, we established a customer-centric, experimentation-driven product development approach.
  • Atlas Metrics — The single source of truth for your ESG data
  • Hive Robotics — Hive Robotics GmbH is developing scalable, cutting-edge technology designed to safely and securely command, control, and connect any type of robot or unmanned system, enabling advanced swarming and teaming capabilities across a wide range of operational environments, from industrial automation to defense and disaster response.
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Cathay Innovation
VC Fund · San Francisco, California, United States · 2 investments in Ghana startups

A global venture capital firm investing in founders building transformative businesses everywhere.

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Investment focus

  • Industry: Software, Artificial Intelligence, FinTech
  • Stage:Series B, Series A, Series C
  • Geography: United States, France, China

Investor stats

  • Total investments: 170
  • Round size: Series A $6.2M–$30M; Series B $15M–$60M; Series C $30M–$176M
  • Lead/follow: 45% lead, 55% follow
  • Last fund: Likely actively investing — fresh fund, raised $1B in 2025

Portfolio highlights

  • Embat — Embat develops cloud-based treasury management software designed to help finance teams manage cash flow, banking operations, and financial forecasting in real time. The company provides a platform that connects bank accounts, enterprise resource planning systems, and payment systems to centralize visibility of cash positions across multipleentities and currencies. Its software supports automated reconciliation, payment execution, liquidity forecasting, and financial reporting through a unified interface. The platform also includes AI-driven features that assist with transaction matching, anomaly detection, and cash flow prediction to reduce manual finance operations. Embat works with mid-sized and large enterprises to streamline treasury workflows, improve liquidity management, and support financial decision-making. The company integrates with a wide network of financial institutions and enterprise systems to enable continuous financial data synchronization and operational control.The platform uses automation and AI features to reduce manual treasury tasks, including transaction matching, accounting entries, and financial reporting workflows. It integrates with a wide range of banking systems and corporate ERPs to synchronize financial data continuously. Embat also enables centralized payment management, allowing finance teams to initiate, approve, and track transactions across multiple banking relationships. Its tools support cash visibility, debt monitoring, and financial scenario planning for operational decision-making.
  • GenLogs — Carrier sourcing. Carrier vetting. Carrier Compliance. Shipper prospecting. Asset monitoring. Asset recovery. Freight Intelligence. All in one Truck Intelligence platform!
  • skan.ai — Skan.ai uses cognitive technologies to map, model, and manage business processes by creating digital twins of human/digital interactions. Skan.ai replaces human interviews and observation, which are not accurate, by cognitive tooling that learns based on observation of human/digital work. Skan does this at scale and learns /reconstructs business processes grounds up. This approach is significantly faster, more accurate, and has much greater depth and coverage.
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Speedinvest
VC Fund · Vienna, Wien, Austria · 2 investments in Ghana startups

Speedinvest is a globally active European venture capital firm built on a simple belief: many move more. From six offices across EMEA, our sector-focused investment teams back relentless founders from pre–Seed to Growth with long-term conviction, providing day-one access to our global network of corporate customers, experts, industry leaders, andtop-tier follow-on investors to scale smarter and faster. Building lasting companies like Bitpanda (Austria), Moove (Nigeria), Gigs (U.S.), Tide (UK), ARX Robotics (Germany), Wayflyer (Ireland), GoStudent (Austria), Seqera Labs (Spain), and Cylib (Germany) — together. Big ideas may start with one. But scaling and winning take The Power of More.

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Investment focus

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

Investor stats

  • Total investments: 662
  • Round size: Seed $798k–$7.9M; Pre-Seed $411k–$3.8M; Series A $4.1M–$33M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely still investing — raised $372M in 2022

Portfolio highlights

  • Findery — Find and leave notes anywhere in the world, discover local knowledge, hidden secrets, and exciting stories. Share your travel knowledge, geoblog, or local news!
  • GAMINSIDE — GAMINSIDE revolutionizes your relationship with your customers. As European full service provider, we deliver the complete package with solutions, services and software for gamified loyalty that is tailor-made and unique to your products, brands and customers. Integrate the best ideas from gamification and customer loyalty in your business areato exceed your commercial targets with GAMINSIDE.
  • Polaron — Material Design. Supercharged with AI.
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GreenTec Capital Partners
VC Fund · Frankfurt, Hessen, Germany · 2 investments in Ghana startups

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

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Investment focus

  • Industry: Logistics, Information Technology, Retail
  • Stage:Seed, Venture - Series Unknown, Pre-Seed
  • Geography: Kenya, Nigeria, Morocco

Investor stats

  • Total investments: 25
  • Round size: Pre-Seed $50k–$1M
  • Lead/follow: 80% lead, 20% follow
  • Last fund: May invest from a new fund soon — raised $1.2M in 2017

Portfolio highlights

  • Ecodudu — Ecodudu is a waste-to-value company. It uses a proprietary innovation to recycle organic waste into high-protein animal feed and organic fertilizer using the black soldier fly. It harnesses insects (nature’s recycling agents) to address global issues which include waste management, demand for protein, and environmental conservation.
  • Asilimia — Asilimia is a simple, fun mobile app for sending money through M-PESA quickly and without any transaction fees. Simply deposit money to your M-PESA, download Asilimia and send money for free to any other M-PESA account.
  • ShapShap — ShapShap enhances delivery experience through its commission-based marketplace by assigning efficient orders to drivers to ensure their sustainability and scalability.
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CV VC
VC Fund · Zug, Zug, Switzerland · 2 investments in Ghana startups

We invest in blockchain

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Investment focus

  • Industry: Blockchain, Software, FinTech
  • Stage:Seed, Pre-Seed, Angel
  • Geography: United States, Switzerland, Germany

Investor stats

  • Total investments: 63
  • Round size: Seed $140k–$4M; Pre-Seed $125k–$800k
  • Lead/follow: 13% lead, 87% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • TurnStay — Enjoy low transaction fees on card payments in ZAR, Euros or Dollars and fast payouts in your preferred currencies. Book a demo today
  • Orca Fraud — Orca empowers fraud fighters with effective tools to combat fraud
  • Reppo Labs — Blockchain Network that connect Data Owners with AI Developers and AI agents through Programmable IP Co-ownership
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Proparco
VC Fund · Paris, Ile-de-France, France · 2 investments in Ghana 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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Shell Foundation
VC Fund · London, England, United Kingdom · 2 investments in Ghana startups

Shell Foundation is a philanthropic foundation that enables millions of people in Africa and Asia to increase their incomes with clean energy solutions.

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Investment focus

  • Industry: Energy, Financial Services, Solar
  • Stage:Grant, Seed, Series A
  • Geography: India, United States, Kenya

Investor stats

  • Total investments: 31
  • Round size: Seed $790k–$1.7M; Grant $300k–$5.5M; Series A $7M–$12M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • Kofa — Kofa is an automotive company that utilizes the latest electric battery and motor technology. The company aims to develop an affordable, sustainable and customer driven electric network in transformative energy, transport, and climate change around the globe. Kofa was founded in Ghana and is headquartered in Accra.
  • Sistema.bio — Sistema.bio is a biodigester with biogas appliances. High efficiency biodigesters transform organic waste into renewable biogas.
  • Mufin Green Finance — Mufin Green Finance is an NBFC that specialises in the electric vehicle (EV) market.
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Greater Impact Foundation
VC Fund · 2 investments in Ghana startups

Greater Impact Foundation funds stage two for-profit social enterprises that focus acutely on poverty eradication.

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Investment focus

  • Industry: Agriculture, Social Entrepreneurship
  • Stage:Seed
  • Geography: Ghana

Investor stats

  • Total investments: 2
  • Round size: Seed $1.5M–$6.4M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Farmerline — The Farmerline vision is to see an Africa where Agriculture NGO’s are not a functioning force in the market. Farmerline provides paid services that allow farmers to have the information and access they need to employ an entrepreneurial method of farming. Input dealers and traders pay for more efficient communication channels to farmers andfarmers pay for information packages and services. In this vision, more food is produce, more food gets to market, and GDP from cash crop export soars.
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Investor funding in Ghana at a glance

Stats across 546 deals from 389 investors.

389
investors
in Ghana startups
546
deals
in Ghana startups
$125k
median round
in Ghana startups
51%
lead investors
lead at least one round
23%
Grant
most common funding stage
90/10
VC / Angel
share of investor count

Access all 389 investors in Ghana startups.

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