# Top 40 Startup Investors in Rwanda in June 2026

## Factor E
- Type: VC Fund
- Location: Fort Collins, Colorado, United States
- Relevant deals: 3
- Stages: Seed, Series A, Convertible Note
- Focus: Energy, Renewable Energy, Agriculture

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.

## Ecosystem Integrity Fund
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 3
- Stages: Series A, Series B
- Focus: Energy, Renewable Energy, Software

The Ecosystem Integrity Fund (“EIF”) is a venture capital firm that invests in early-stage companies contributing to environmental sustainability. It seeks to demonstrate that there is no trade-off between having a positive impact and achieving outstanding financial returns. The movement toward environmental sustainability is making incrementalimprovements to the largest industries in the world.  Over the next several decades, the economy will be transformed by this movement.Sustainability is fundamentally about making things better: more efficient, more functional, less toxic, less costly.  This is the next phase of the Industrial Revolution.

## TotalEnergies Ventures
- Type: VC Fund
- Location: La Défense, Ile-de-France, France
- Relevant deals: 3
- Stages: Series B, Series C
- Focus: Energy, Renewable Energy, Transportation

TotalEnergies Ventures is the venture capital arm of Total.As part of Total's commitment to a better energy future, TotalEnergies Ventures is focused on finding, funding and fostering high-potential start-ups which will contribute to creating a low carbon future.Current areas of interest include Renewables, Distributed Energy, NewMobility, Energy Access, Energy Storage, Bio-Plastics, Circular Economy, Carbon Capture and Hydrogen.

## ODBA
- Type: VC Fund
- Location: Port Louis, Port Louis, Mauritius
- Relevant deals: 2
- Stages: Pre-Seed, Seed, Series A
- Focus: FinTech, Financial Services, Education

We invest in people and stories, which are at the heart of everything we do.

## Folarin Falana
- Type: Angel
- Relevant deals: 2
- Stages: Pre-Seed
- Focus: Education

Folarin Falana

## Olugbenga Agboola
- Type: Angel
- Relevant deals: 2
- Stages: Pre-Seed, Seed
- Focus: FinTech, Financial Services, Finance

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

## Akitoye Balogun
- Type: Angel
- Relevant deals: 2
- Stages: Pre-Seed
- Focus: Education

Akitoye Balogun

## Ground Squirrel Ventures
- Type: VC Fund
- Location: Boston, Massachusetts, United States
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Financial Services, FinTech, Finance

Seed round investment in frontier markets and clean energy

## pledges.com
- Type: VC Fund
- Relevant deals: 2
- Stages: Pre-Seed
- Focus: Education

Start a US charity in minutes, without filing any paperwork

## Acumen
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Agriculture, Health Care, Financial Services

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.

## Shola Akinlade
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 2
- Stages: Pre-Seed, Seed
- Focus: FinTech, Education, Financial Services

Shola Akinlade is the Co-founder and CEO at Paystack.

## Nestcoin
- Type: VC Fund
- Location: Tórtola, Castilla-La Mancha, Spain
- Relevant deals: 2
- Stages: Pre-Seed
- Focus: Blockchain, Cryptocurrency, Education

Nestcoin is a web3 application company that builds, operates, and invests in crypto-native products.

## Norrsken Foundation
- Type: VC Fund
- Location: Stockholm, Stockholms Lan, Sweden
- Relevant deals: 2
- Stages: Pre-Seed, Seed
- Focus: Financial Services, Health Care, FinTech

Norrsken Foundation is non-profit organization solving problems such as poverty, famine, environmental issues and mental health.

## Angaza Capital
- Type: VC Fund
- Location: Abu Dhabi, Abu Dhabi, United Arab Emirates
- Relevant deals: 1
- Stages: Seed, Series B, Venture - Series Unknown
- Focus: Software, Health Care, Electronic Health Record (EHR)

Angaza Capital is an investment firm that provides funding for ecosystem creation and project developments.

## Oikocredit International
- Type: VC Fund
- Location: Amersfoort, Utrecht, The Netherlands
- Relevant deals: 1
- Stages: Debt Financing, Series B
- Focus: Financial Services, Finance, FinTech

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

## DOB Equity
- Type: VC Fund
- Location: Veessen, Gelderland, The Netherlands
- Relevant deals: 1
- Stages: Private Equity, Seed
- Focus: Food and Beverage, Farming, Agriculture

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

## Battery Road Digital Holdings
- Type: VC Fund
- Location: Mumbai, Maharashtra, India
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: E-Commerce, Transportation, Payments

Battery Road Digital Holdings is a venture capital and private equity firm that focuses on frontier and emerging markets.

## Blue Haven Initiative
- Type: VC Fund
- Location: Cambridge, Massachusetts, United States
- Relevant deals: 1
- Stages: Series A, Series B, Seed
- Focus: Solar, Energy, Health Care

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

## Pearl Capital Partners
- Type: VC Fund
- Location: Kampala, Kampala, Uganda
- Relevant deals: 1
- Stages: Private Equity, Debt Financing, Seed
- Focus: Agriculture, Farming, Food Processing

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.

## Blockchain Founders Fund
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Blockchain, Cryptocurrency, FinTech

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

## Team Ignite Ventures
- Type: VC Fund
- Location: California City, California, United States
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Artificial Intelligence, SaaS

We're experienced operators helping to ignite and scale startups

## Alphamundi
- Type: VC Fund
- Location: Zürich, Zurich, Switzerland
- Relevant deals: 1
- Stages: Debt Financing, Series A, Series B
- Focus: Agriculture, Renewable Energy, Financial Services

AlphaMundi Group Ltd is a commercial entity based in Switzerland and exclusively dedicated to Impact Investing: profitable investments that generate substantial net benefits to society.  It was founded in 2007 by a group of partners with extensive experience in the financial industry as well as responsible investments, microfinance andphilanthropy.AlphaMundi provides debt and equity financing to scalable social ventures in strategic sustainable human development sectors such as microfinance, affordable education, fair trade agriculture and renewable energy.  AlphaMundi is currently investing out of its impact debt fund, SocialAlpha Investment Fund (SAIF) - Bastion, domiciled in Luxembourg.  AlphaMundi also manages co-investments for SAIF-Bastion investors and third parties.​AlphaMundi partners believe that Impact Investing is a new tool for development that can enhance more classical responsible investment approaches  (which often lack impact ​measurability) and complement charitable solutions (which often lack financial viability). To this extent, the firm also contributes to the emergence of Impact Investing through education events, publications and industry associations. Impact investments are now being integrated by leading US and European banks, pension funds, foundations and family offices into traditional investment portfolios, as primarily decorrelated, illiquid and profitable financial assets.

## NISK Capital
- Type: VC Fund
- Location: Nairobi, Nairobi Area, Kenya
- Relevant deals: 1
- Stages: Seed
- Focus: Financial Services

NISK Capital is a boutique investment banking and advisory firm providing end-to-end services to Small and Medium sized Enterprises (SMEs) across the East African Community (EAC). The company is committed to supporting progress in the East African region. NISK Capital recognizes that the increasing convergence of global markets, local people andregional economies is the fundamental driver of global security and social improvement.

## Imbuto Foundation
- Type: VC Fund
- Location: Kicukiro, Kigali, Rwanda
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: EdTech, Education

Imbuto Foundation Mission is to support the development of a healthy, educated and prosperous society.

## Good Soil VC
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: FinTech, Financial Services, Retail

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.

## International Finance Corporation
- Type: VC Fund
- Location: Washington, District of Columbia, United States
- Relevant deals: 1
- Stages: Debt Financing, Series B
- Focus: Financial Services, Finance, FinTech

A strong and engaged private sector is indispensible to ending extreme poverty and boosting shared prosperity. That's where IFC comes in - we have more than 60 years experience in unlocking private investment, creating markets and opportunities where they are needed most.

## Opes Impact Fund
- Type: VC Fund
- Location: Milano, Lombardia, Italy
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Communities, Agriculture, Energy

Opes-Lcef is an impact investor that provides catalytic capital to early-stage social enterprises in emerging markets.

## Beyond Capital Ventures
- Type: VC Fund
- Relevant deals: 1
- Stages: Series A, Series B
- Focus: E-Commerce, Health Care, Retail

Beyond Capital Ventures is a venture capital firm, offering a diversified portfolio of companies in "need-to-have" sectors, led by conscious leaders.

## British International Investment
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Debt Financing, Series B
- Focus: Financial Services, Banking, Finance

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.

## Burrow Capital
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: Finance, Software, Financial Services

Burrow Capital is an investment firm.

## Development Bank of Rwanda
- Type: VC Fund
- Location: Kigali, Butare, Rwanda
- Relevant deals: 1
- Stages: Seed
- Focus: Finance, Software, Financial Services

Development Bank of Rwanda is a trade & development industry that provides financial services to agriculture, education, housing & exports.

## DeveloPPP Ventures
- Type: VC Fund
- Location: Eschborn, Hessen, Germany
- Relevant deals: 1
- Stages: Seed
- Focus: Finance, Software, Financial Services

DeveloPPP Ventures provides financial services to young companies, whose business model improves living conditions in a developing country.

## Leapfrog Ventures
- Type: VC Fund
- Location: Menlo Park, California, United States
- Relevant deals: 1
- Stages: Series A, Series B, Series C
- Focus: Software, Analytics, Security

They believe that the most successful company in any industry gains a disproportionately higher return for its shareholders. their mission is to help their portfolio companies Leapfrog their competitors and achieve industry-leading levels of competitive and market performance as quickly as possible.They are all experienced operating executivesof technology companies as well as successful venture investors. They can recognize the patterns that signal opportunities or risks in a small, high growth company. They have the resources and relationships to help entrepreneurs create the key alliances that will allow them to achieve victory early and convincingly. Every entrepreneur wants an investor who can help build the business. What does this mean? Certainly it is about advice and experience. These are the intangibles. Then there are the tangibles - the introductions to key customers and strategic partners, the access to distribution channels, the assistance in attracting and recruiting key executives - these are the immediate advantages that help Leapfrog the competition. They have built an extensive network of relationships which can be called upon to accelerate the success of their portfolio companies. When you work with them, you work with all of them, not just a single partner. All the partners work closely with all their companies to ensure that all of their collective resources are being matched to the immediate needs of their portfolio companies.

## Bathurst Capital
- Type: VC Fund
- Location: Kicukiro, Kigali, Rwanda
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Wellness, Insurance, Health Care

Bathurst Capital is an investment firm.

## U.S. International Development Finance Corp
- Type: VC Fund
- Location: Washington, District of Columbia, United States
- Relevant deals: 1
- Stages: Debt Financing, Post-IPO Debt
- Focus: Financial Services, Finance, Banking

U.S. International Development Finance Corp is America’s development bank.

## Techstars Ventures
- Type: VC Fund
- Location: Boulder, Colorado, United States
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, SaaS, Information Technology

Techstars helps founders succeed. Through our global accelerators, we invest in early-stage startups led by founders building a better future for everyone.

## Fejiro Hanu Agbodje
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Pre-Seed, Seed
- Focus: Education, Blockchain, Communities

Hanu is the Founder/CEO of Patricia, a User-experience expert with a deep understanding of user-centered designs (USD) and strong skills for conducting user research and surveys, and translating them into sitemaps, user flows, customer journey maps, wireframes, mockups and prototypes. He is a graduate of mathematics and statistics

## VestedWorld
- Type: VC Fund
- Location: Chicago, Illinois, United States
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Agriculture, Farming, E-Commerce

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.

## Acacia Venture Capital Partners
- Type: VC Fund
- Location: Shanghai, Shanghai, China
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series B
- Focus: Software, E-Commerce, Artificial Intelligence

Acacia is a cross border investment manager, specialising in private market investments. The team is composed of a diverse and international group that is primarily based in Shanghai.

## Zephyr Acorn
- Type: VC Fund
- Location: Nairobi, Nairobi Area, Kenya
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Financial Services, Banking, FinTech

Zephyr Management is a global emerging markets investment manager, specializing in the creation and management of highly focused private equity and venture capital funds.

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