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Top 50 Startup Investors in Tanzania (June 2026)

The most active venture capital funds and angel investors investing in Tanzania startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Tanzania startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Launch Africa
VC Fund
5 Nigeria, South Africa, United States Seed, Pre-Seed Financial Services, FinTech, Information Technology $200k–$4M
Development Bank of Japan
VC Fund
2 Japan, United States, Singapore Series A, Series B Robotics, Aerospace, Information Technology $1.3M–$652M
FINCA Ventures
VC Fund
2 Kenya, Nigeria, Mexico Seed, Grant, Series A Financial Services, Agriculture, AgTech $40k–$4.2M
Goodwell Investments
VC Fund
2 Nigeria, South Africa, Kenya Series A, Series B FinTech, Financial Services, Banking $1.6M–$26M
Vlad Tenev
Angel
2 United States, India, Tanzania Seed, Series A, Series B Financial Services, Artificial Intelligence, FinTech $2.5M–$70M
Acasia Ventures
VC Fund
2 Egypt, Nigeria, Kenya Seed, Pre-Seed Financial Services, FinTech, Mobile $532k–$2.5M
UTEC - The University of Tokyo Edge Capital Partners
VC Fund
2 Japan, United States, India Seed, Series A Health Care, Biotechnology, Medical $3.1M–$85M
J-POWER
VC Fund
2 Japan, Tanzania Corporate Round, Series A, Series B Manufacturing, Renewable Energy, Water $7.7M–$567M
Nyca Partners
VC Fund
2 United States, United Kingdom, Israel Series A, Seed, Series B FinTech, Financial Services, Software $2.2M–$70M
Raba Partnership
VC Fund
2 United States, South Africa, Egypt Seed, Pre-Seed, Series A Financial Services, FinTech, Finance $635k–$32M
elea Foundation for Ethics in Globalization
VC Fund
2 India, Tanzania, South Africa Seed, Series A E-Commerce, Agriculture, Food and Beverage $100k–$2.8M
Amplo
VC Fund
2 United States, India, Kenya Seed, Series A, Series B Software, Information Technology, FinTech $3M–$70M
NEC Capital Solutions
VC Fund
2 Japan, United States, Tanzania Series B, Series A Internet, Manufacturing, Information Technology $5.1M–$553M
AXIAN
VC Fund
1 Kenya, Canada, Tanzania Seed, Series A Payments, Financial Services, SaaS $4M–$12M
The Continent Venture Partners
VC Fund
1 Tanzania Pre-Seed Financial Services
Accion Ventures
VC Fund
1 India, United States, Mexico Seed, Series A, Series B Financial Services, FinTech, Finance $500k–$33M
Beyond Capital
VC Fund
1 India, United States, Egypt Seed, Pre-Seed, Series B Health Care, Medical Device, Financial Services $357k–$44M
British International Investment
VC Fund
1 India, Kenya, Nigeria Debt Financing, Series B Financial Services, Banking, Finance $9M–$130M
SMBC Venture Capital
VC Fund
1 Japan, United States, Singapore Series A, Series B Information Technology, Health Care, Software $5.5M–$425M
Jonas Huckestein
Angel
1 United Kingdom, Tanzania Seed, Pre-Seed Banking, Internet, Logistics $3.7M–$10M
Andrew Vigneault
Angel
1 United States, India, Mexico Seed, Series A, Pre-Seed Software, FinTech, Financial Services $500k–$32M
Acacia Venture Capital Partners
VC Fund
1 United States, Mexico, Colombia Seed, Pre-Seed, Series B Software, E-Commerce, Artificial Intelligence $500k–$8.2M
Bill & Melinda Gates Foundation
VC Fund
1 United States, United Kingdom, India Grant, Series A, Seed Biotechnology, Health Care, Medical $10k–$60M
Bessemer Venture Partners
VC Fund
1 United States, India, Israel Series B, Series A, Series C Software, Information Technology, SaaS $5M–$100M
Finnfund
VC Fund
1 Kenya, India, South Africa Debt Financing, Series B Financial Services, Energy, FinTech $2.7M–$135M
GMC coLABS
VC Fund
1 Kenya, Tanzania Seed, Pre-Seed B2B, Mobile, Consumer
The MBA Fund
VC Fund
1 United States, Ghana, France Seed, Pre-Seed, Series A Software, Health Care, Food and Beverage $100k–$16M
Peeyush Ranjan
Angel
1 United States, India, Tanzania Seed, Series B, Series A SaaS, Internet, Software $3.7M–$20M
Sanofi
VC Fund
1 United States, France, China Series B, Post-IPO Equity, Series A Biotechnology, Health Care, Pharmaceutical $2.7M–$400M
VentureSouq
VC Fund
1 United States, United Arab Emirates, Saudi Arabia Seed, Series A, Series B FinTech, Financial Services, Software $250k–$50M
Warioba Ventures
VC Fund
1 Tanzania Seed Health Care
NEC Corporation
VC Fund
1 United States, Japan, Israel Series B, Series A Software, Manufacturing, Information Technology $7.7M–$553M
Pontem Ventures
VC Fund
1 Tanzania Seed Health Care
AAIC Investment
VC Fund
1 Kenya, Egypt, Nigeria Series A, Seed, Series B Health Care, Medical, E-Commerce $450k–$794M
DCG Expeditions
VC Fund
1 United States, India, Nigeria Seed, Pre-Seed, Series A Financial Services, FinTech, Blockchain $350k–$20M
9Yards Capital
VC Fund
1 United States, United Kingdom, Ireland Series A, Series B, Seed FinTech, Financial Services, Software $1.3M–$130M
Musha Ventures
VC Fund
1 United States, Nigeria, Kenya Seed, Pre-Seed, Series A Software, Financial Services, FinTech $125k–$10M
Ryan King
Angel
1 United States Series A, Series B FinTech, Finance, Software $13M–$40M
Shine Capital
VC Fund
1 United States, Spain, Canada Seed, Series A, Series B Software, Artificial Intelligence, Information Technology $3.5M–$71M
Ventures Platform
VC Fund
1 Nigeria, United States, Kenya Seed, Pre-Seed Financial Services, FinTech, Internet $100k–$4.4M
International Finance Corporation
VC Fund
1 India, Brazil, United States Debt Financing, Series B Financial Services, Finance, FinTech $6M–$333M
Planet N Group of Companies
VC Fund
1 Pakistan, Oman, Egypt Seed, Pre-Seed, Series A FinTech, E-Commerce, Health Care $850k–$5M
Sajid Rahman
Angel
1 India, Nigeria, Kenya Seed, Pre-Seed Financial Services, FinTech, Banking $150k–$6M
HOF Capital
VC Fund
1 United States, Singapore, United Kingdom Seed, Series A, Pre-Seed Software, Artificial Intelligence, Financial Services $385k–$57M
Jared Schrieber
Angel
1 Hungary, United States, Spain Seed, Pre-Seed, Series A Software, Hospitality, Information Technology $227k–$32M
Alex Bouaziz
Angel
1 United States, Mexico, Finland Seed, Series A, Angel Software, Financial Services, FinTech $2M–$100M
Flexcap
VC Fund
1 United States, Tanzania Seed, Series A Software, Artificial Intelligence, SaaS $2.6M–$7M
Aaron Fu
Angel
1 Kenya, Nigeria, Egypt Seed, Pre-Seed Financial Services, Software, Apps $100k–$4M
Japan International Cooperation Agency
VC Fund
1 Vietnam, Japan, United Arab Emirates Debt Financing, Post-IPO Debt, Series C Financial Services, Finance, Renewable Energy $3M–$1.1B
DST Global
VC Fund
1 United States, China, India Series B, Series C, Series D FinTech, E-Commerce, Financial Services
Access all 140 investors in Tanzania startups.

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

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Investor list

Launch Africa
VC Fund · Ebène, Plaines Wilhems, Mauritius · 5 investments in Tanzania startups

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
  • Geography: Nigeria, South Africa, United States

Investor stats

  • Total investments: 162
  • Round size: Seed $200k–$4M; Pre-Seed $200k–$1.7M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: Likely still investing — raised $36M in 2022

Portfolio highlights

  • Fixit45 — Fixit45 also provides fleet management, auto parts sourcing and delivery, auto care, refurbishment and upgrades, repair financing, and mechanic workshop software as well as pre-purchase inspections, underlying these with moderation for compliance and accountability.
  • Gigmile — Gigmile provides financial services. They provide gig workers with core services and an affordable lease on productive assets that is tailored to their earnings to enable them to succeed in the mobility industry as entrepreneurs.
  • HomecomingEx — Homecoming Revolution is a pan-African recruitment firm for global African professionals. We specialise in headhunting & placing global African talent.
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Development Bank of Japan
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Tanzania startups

Development Bank of Japan is an integrated investment and loan service provider to domestic and international clients. They will support sustainability management that balances economic and social value and will help to realize a sustainable society.

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Investment focus

  • Industry: Robotics, Aerospace, Information Technology
  • Stage:Series A, Series B
  • Geography: Japan, United States, Singapore

Investor stats

  • Total investments: 54
  • Round size: Series A $1.3M–$90M; Series B $4.7M–$652M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • Qolab — Qolab mission is to build high quality qubits by leveraging the most advanced semiconductor manufacturing processes.
  • Tenchijin — Tenchijin is optimiz human civilization using space big data.
  • Albatross Technology — Albatross Technology is a technology company that develops offshore renewable energy devices and floating offshore wind turbines.
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FINCA Ventures
VC Fund · Washington, District of Columbia, United States · 2 investments in Tanzania startups

FINCA Ventures is an impact investing initiative of FINCA International that provides patient capital and support to early-stage social enterprises.

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Investment focus

  • Industry: Financial Services, Agriculture, AgTech
  • Stage:Seed, Grant, Series A
  • Geography: Kenya, Nigeria, Mexico

Investor stats

  • Total investments: 23
  • Round size: Seed $1.1M–$4M; Grant $40k–$100k; Series A $1.1M–$4.2M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • Cladfy — Cladfy is a data analytics company that creates tools to assist lenders, merchants, and individuals in making informed loan, savings, and expenditure decisions.
  • Karpolax — Karpolax provides preservation technologies for agricultural companies that enable them to enhance the shelf life of fruits and vegetables.
  • Good Nature Agro — Their priority is to generate lasting income with small-scale farmers. They build local community leaders into qualified Private Extension Agents (PEAs) who oversee and train farmers throughout the growing season. They support PEAs to provide frequent trainings and personalized recommendations on how their growers can make their field healthier andmore productive. PEAs promote improved farm practices and deliver a farmer-friendly loan of seeds and additional inputs. At harvest, Good Nature is a guaranteed market for the certified legume seed that their growers produce. Choosing to produce these high-value crops over traditional cash crops - maize and cotton - more than doubles their income.
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Goodwell Investments
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 2 investments in Tanzania startups

Goodwell Investments is a pioneering investment firm focused on financial inclusion, fintech and inclusive growth in sectors providing

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Investment focus

  • Industry: FinTech, Financial Services, Banking
  • Stage:Series A, Series B
  • Geography: Nigeria, South Africa, Kenya

Investor stats

  • Total investments: 47
  • Round size: Series A $1.6M–$12M; Series B $2M–$26M
  • Lead/follow: 53% lead, 47% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • OmniRetail — OmniRetail is a consumer goods distribution platform that solves the inefficiencies of traditional trade by digitizing key stakeholders through its products.
  • 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.
  • Agent Banking Company — Agent Banking Company provides digital technology solutions that enable access to banking services through bank-approved agents.
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Vlad Tenev
Angel · Palo Alto, California, United States · 2 investments in Tanzania startups

Vlad Tenev is based out of Menlo Park, California, and is the Co-Founder, CEO, President, and Chair of Board of Director of Robinhood.

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Investment focus

  • Industry: Financial Services, Artificial Intelligence, FinTech
  • Stage:Seed, Series A, Series B
  • Geography: United States, India, Tanzania

Investor stats

  • Total investments: 24
  • Round size: Seed $2.5M–$13M; Series A $9M–$50M; Series B $21M–$70M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • Helm.ai — Explore Helm.ai's AI software for high-end ADAS through Level 4 autonomous vehicles. Helm.ai offers a full suite of full-stack AI software, foundation models, and generative AI development and validation tools for production-bound projects.
  • Seashell — Seashell is reimagining the flow of money in 2022, making high and stable yield more accessible to all. Consumers can earn up to 10% interest on their cash.
  • Atlantic Money — Send money abroad – always at the live exchange rate for just a flat £3 fee. All the way up to £1 million.
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Acasia Ventures
VC Fund · Cairo, Al Qahirah, Egypt · 2 investments in Tanzania startups

Acasia Ventures is a leading venture capital firm that invests in early-stage companies throughout the Middle East and Africa. With a focus on being a first believer in innovation and entrepreneurship, the firm strives to support the growth of the next generation of market leaders through their unique and scalable solutions. Its Tech Fund I iscurrently targeting investments in tech-driven and tech-enabled startups at the pre-Seed to pre-Series A stages.

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Investment focus

  • Industry: Financial Services, FinTech, Mobile
  • Stage:Seed, Pre-Seed
  • Geography: Egypt, Nigeria, Kenya

Investor stats

  • Total investments: 17
  • Round size: Seed $750k–$2.5M; Pre-Seed $532k–$1M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • Lengo — Lengo is an AI based intelligence platform that offers a large database on consumer goods for companies in the FMCG sector.
  • Menthum — Grow your wealth with Egypt's leading fintech platform. Earn up to 2x traditional bank returns with FRA-licensed security.
  • Bluworks.io — Smart HR system for Smart Businesses | Start Today Automate payroll, shift scheduling, and attendance for your blue-collar workforce. Bluworks is the HR system trusted by all.
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UTEC - The University of Tokyo Edge Capital Partners
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Tanzania startups

UTEC-The University of Tokyo Edge Capital Partners Co., Ltd.. UTEC is a seed/early stage technology focused venture capital firm associated with The University of Tokyo.

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Investment focus

  • Industry: Health Care, Biotechnology, Medical
  • Stage:Seed, Series A
  • Geography: Japan, United States, India

Investor stats

  • Total investments: 174
  • Round size: Seed $3.1M–$54M; Series A $5.2M–$85M
  • Lead/follow: 37% lead, 63% follow

Portfolio highlights

  • Metcela — Cells hold endless possibilities. Through science, we will unlock these potentials and harness them to improve the lives of patients worldwide.
  • OriCiro Genomics — DNA amplification | OriCiro Cloning Kit - OriCiro Genomics, Inc.
  • Celaid Therapeutics — Celaid Therapeutics specializes in manufacturing and sales of regenerative medicine products utilizing human hematopoietic stem cells.
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J-POWER
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Tanzania startups

J-POWER Group believes that energy production and the environment can coexist in harmony. In light of this corporate philosophy, our environmental management aims to promote greater environmental responsibility while enhancing the economic value of our operations in order to further contribute to the development of a sustainable society. TheJ-POWER Group Environmental Management Vision is made up of a Basic Policy and an Environmental Action Program that defines specific tasks and goals and the means to achieve them. The Environmental Action Program brings together Corporate Targets, which define midterm targets for environmental initiatives, and Environmental Action Guidelines, which orient the initiatives to be implemented each fiscal year. J-POWER Group is working as a whole to realize environmental management in accordance with these targets and guidelines.

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Investment focus

  • Industry: Manufacturing, Renewable Energy, Water
  • Stage:Corporate Round, Series A, Series B
  • Geography: Japan, Tanzania

Investor stats

  • Total investments: 13
  • Round size: Series A $7.7M–$62M; Series B $13M–$567M; Corporate Round $32M–$55M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • GITAI — GITAI is a robotics startup for space development. The company aims to replace astronauts with robots that can work for a long time while being remotely controlled from earth while in low earth orbit space stations to decrease the burden on astronauts, shorten the time it takes to perform work in space, and reduce costs.
  • Towing — Towing is an agricultural company that provides farming, manufacturing, and recycling services.
  • Japan GX Group — Shibuya Blend Green Energy platform analyzes company processes and resources, recommends and plans improvement initiatives, and addresses corporate ESG challenges, assisting companies in balancing business and environmental protection.
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Nyca Partners
VC Fund · New York, New York, United States · 2 investments in Tanzania startups

Nyca is a leading venture capital firm focused on connecting innovative companies to the global financial system.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Series A, Seed, Series B
  • Geography: United States, United Kingdom, Israel

Investor stats

  • Total investments: 175
  • Round size: Seed $2.2M–$10M; Series A $8M–$35M; Series B $15M–$70M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: May invest from a new fund soon — raised $210M in 2019

Portfolio highlights

  • Gr4vy — Payment orchestration platform that connects PSPs, methods, and tools in one layer, streamlining payments and increasing success rates.
  • Astra — Astra is the vertically integrated payments platform designed for product teams and developers. Get started with a simple API integration and add unparalleled payments speed and security.
  • Intrinio — Intrinio is a financial data company that offers platform consists of an application programming interface. Intrinio's mission is to help investors save money and make time so they can live more meaningful lives. We believe investors waste time on data collection, data entry, and data analysis because traditional financial data providersstifle innovation through high prices and restrictive technology. The Intrinio Fintech marketplace solves this problem by making financial data affordable and easy to access for developers, unleashing their creative potential to build the next generation of financial analytics products.Dozens of data feeds are currently available at disruptively low prices, providing data types such as FDIC bank data, real time IEX stock prices, fundamental US 10Q and 10K data, and insider transactions. Dozens of applications built with that data are also available, applications that free up investors to focus on what really matters- testing assumptions, conducting research, and generating insight.By uniting data providers, developers, and investors around a new model for financial innovation, the Intrinio Fintech marketplace promises to refocus the financial data industry on the developers and investors that make meaning out of data.
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Raba Partnership
VC Fund · Cape Town, NA - South Africa, South Africa · 2 investments in Tanzania startups

The Raba Partnership, Raba Capital, Raba

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Investment focus

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

Investor stats

  • Total investments: 55
  • Round size: Seed $1.3M–$6M; Pre-Seed $635k–$6.5M; Series A $9.2M–$32M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: Likely still investing — raised $60M in 2021

Portfolio highlights

  • Cloudline — Cloudline leverages lighter-than-air technology and the latest developments in unmanned aerial vehicles to deliver essential goods and services to the 1 billion people without direct access to roads and runways.
  • Cloudline — The all-in-one cloud platform helping leisure businesses sell more, reduce costs & personalize experiences.
  • Fuse Financial Technologies — Financial APIs for building products in the Middle East.
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Access 48,091 investors

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

Browse database — It's Free!
elea Foundation for Ethics in Globalization
VC Fund · 2 investments in Tanzania startups

elea Foundation for Ethics in Globalization

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Investment focus

  • Industry: E-Commerce, Agriculture, Food and Beverage
  • Stage:Seed, Series A
  • Geography: India, Tanzania, South Africa

Investor stats

  • Total investments: 16
  • Round size: Seed $100k–$1.2M; Series A $2M–$2.8M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • BukaPO — BukaPO is a food and beverage company that provides pulses, rice bowls, and various other snack food services.
  • RUTOPIA
  • MazaoHub — MazaoHub is a AI-powered end-to-end farm management company.
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Amplo
VC Fund · Spring, Texas, United States · 2 investments in Tanzania startups

Amplo is a global venture capital firm helping build companies that matter. It specializes in the fields of financial services, venture capital and financial exchanges.

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Investment focus

  • Industry: Software, Information Technology, FinTech
  • Stage:Seed, Series A, Series B
  • Geography: United States, India, Kenya

Investor stats

  • Total investments: 75
  • Round size: Seed $3M–$13M; Series A $5.5M–$40M; Series B $21M–$70M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: May invest from a new fund soon — raised $200M in 2019

Portfolio highlights

  • Helm.ai — Explore Helm.ai's AI software for high-end ADAS through Level 4 autonomous vehicles. Helm.ai offers a full suite of full-stack AI software, foundation models, and generative AI development and validation tools for production-bound projects.
  • Nala — A new kind of mobile money transfer for Africans worldwide! Make safe, affordable, and reliable international payments to Kenya, Tanzania, and Uganda.
  • Montauk Climate — Montauk Climate is building solutions across the full stack of the Electron Economy, ensuring its success today, tomorrow, and for the future of our planet.
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NEC Capital Solutions
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Tanzania startups

NEC Capital Solutions Limited provides financial services in Japan. It's Main Business is Leasing for Information and Communication Equipment, Office Equipment, Industrial Equipment and Installment Sales, Business Loans, Factoring Services, Business Outsourcing and Sales of Used Equipment.

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Investment focus

  • Industry: Internet, Manufacturing, Information Technology
  • Stage:Series B, Series A
  • Geography: Japan, United States, Tanzania

Investor stats

  • Total investments: 56
  • Round size: Series A $5.1M–$142M; Series B $7.1M–$553M
  • Lead/follow: 11% lead, 89% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • GITAI — GITAI is a robotics startup for space development. The company aims to replace astronauts with robots that can work for a long time while being remotely controlled from earth while in low earth orbit space stations to decrease the burden on astronauts, shorten the time it takes to perform work in space, and reduce costs.
  • Luup — Luup is an Internet Company.
  • Idea Record — Idea;record specializes in web marketing, cloud services, and ICT solutions. They are creating a SaaS firm that will generate revenue. GATE is a SaaS that solves challenges for restaurant businesses and solutions to multiple problems faced by stores.
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AXIAN
VC Fund · Antananarivo, Antananarivo, Madagascar · 1 investments in Tanzania startups

AXIAN is a pan-African group that specializes in real estate, telecom, financial services, energy, and innovation.

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Investment focus

  • Industry: Payments, Financial Services, SaaS
  • Stage:Seed, Series A
  • Geography: Kenya, Canada, Tanzania

Investor stats

  • Total investments: 4
  • Round size: Seed $4M–$12M
  • Lead/follow: 0% lead, 100% 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.
  • Workpay — Looking for the best payroll software in Kenya? Workpay provides the best payroll software and hr software for your business in Kenya, Nigeria and for Africa
  • Dawa Mkononi — Dawa Mkononi (DM) is a registered company that mainly focuses on innovations to improve pharmaceutical supply chain. The app is run by DM Pharmacy located at Kariakoo in Dar es Salaam. The app currently serves for wholesale business only to pharmacies, ADDOs, and health facilities such as Hospitals and Clinics.
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The Continent Venture Partners
VC Fund · Potomac, Maryland, United States · 1 investments in Tanzania startups

The Continent Venture Partners is a venture capital firm that offers investing in early-stage and growth capital for startup companies.

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Investment focus

  • Industry: Financial Services
  • Stage:Pre-Seed
  • Geography: Tanzania

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Credable — Credable is the Digital Banking Platform that is driving the future of banking by embedding financial services in businesses across emerging markets.
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Accion Ventures
VC Fund · Washington, District of Columbia, United States · 1 investments in Tanzania startups

Accion Ventures is an investment strategy that today pursues early-stage investments as part of Accion Impact Management.

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Investment focus

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

Investor stats

  • Total investments: 124
  • Round size: Seed $500k–$6.4M; Series A $2.6M–$33M; Series B $8M–$30M
  • Lead/follow: 34% lead, 66% follow

Portfolio highlights

  • Lami — Lami is an end-to-end digital insurance platform and API that enables companies across sectors to offer insurance products. Its API allows underwriters to connect with consumer-facing companies that can provide embedded insurance as a value add for existing customers, many of whom are uninsured.
  • Cashinvoice — Cashinvoice connects supply chain stakeholders and digitises invoice-to-cash processes to unlock working capital trapped within supply chains and accelerate business growth
  • Pintek — Pintek is a financial technology company aiming to democratise access to education in Indonesia through affordable and flexible credit.
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Beyond Capital
VC Fund · New York, New York, United States · 1 investments in Tanzania startups

Beyond Capital Fund is an evergreen impact investment fund that invests in for-profit, early-stage companies in East Africa and India. The fund invests in companies that aim to improve access to health care, sanitation, clean energy, agriculture and food security, and financial inclusion, all of which can help consumers at the bottom of theeconomic pyramid live better lives. Despite the fact that the fund seeks market-rate financial returns, Beyond Capital is structured as a nonprofit, allowing the organization to emphasize fidelity to its social mission alongside its financial mandate.Beyond Capital, headquartered in New York, was established in 2009.

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Investment focus

  • Industry: Health Care, Medical Device, Financial Services
  • Stage:Seed, Pre-Seed, Series B
  • Geography: India, United States, Egypt

Investor stats

  • Total investments: 27
  • Round size: Seed $357k–$4M; Pre-Seed $800k–$1.5M; Series B $20M–$44M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Wellth — Improve quality scores, reduce high cost utilization, address health equity, and improve member satisfaction by using the right incentive at the right time to create life-changing healthy habits through Wellth.
  • Floworks AI — Deploy AI agents that prospect, personalise emails, handle replies and book meetings 24/7. Floworks AI replaces repetitive SDR work so your team closes more deals.
  • Haqdarshak — Made with Framer
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British International Investment
VC Fund · London, England, United Kingdom · 1 investments in Tanzania 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: 152
  • Round size: Series B $14M–$50M; Debt Financing $9M–$130M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • Scatec ASA — Scatec is a leading renewable energy solutions provider, accelerating access to reliable and affordable clean energy in emerging markets.
  • Wave Mobile Money — Wave Mobile Money provides an app-based financial solution to save, transfer, and borrow money. Wave Mobile Money is on a mission to make Africa the first cashless continent. On a continent where less than 10% of the population has a bank account, Wave is building the first modern financial network — no account fees, instantly available, andaccepted everywhere! It is building life-changing financial infrastructure. When mobile money succeeded in Kenya, it lifted about a million people out of poverty. And yet, over 10 years later, most Africans still lack access to affordable ways to save, transfer or borrow the money they need to build businesses or provide for their families. Wave is solving this problem by using technology to build a radically inclusive and extremely affordable financial network.
  • CLR Facility Services — CLR is a leading Integrated Facility Management (IFM) company with a PAN India presence, providing comprehensive solutions including IFM, Technical Services, Business Support, Aviation Services, Production Support, and Floor Care Services.
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SMBC Venture Capital
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Tanzania startups

Sumitomo Mitsui Banking Corporation (SMBC) and its group companies offer a broad range of financial services centered on banking. They are also engaged in the leasing, securities, credit card, investment, mortgage securitization, venture capital and other credit related businesses. The following lists the activities of SMBC, its subsidiaries andaffiliates in the various business segments.

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Investment focus

  • Industry: Information Technology, Health Care, Software
  • Stage:Series A, Series B
  • Geography: Japan, United States, Singapore

Investor stats

  • Total investments: 497
  • Round size: Series A $5.5M–$170M; Series B $6.4M–$425M
  • Lead/follow: 3% lead, 97% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • PLUGO — PLUGO provides ever-evolving "hospitality services" suitable for the future EV era, combining products & digital technology unique to IoT.
  • Letara — Letara operates a space technology platform with the intention to serve a logistics network covering the solar system. The company produces hybrid propulsion engines for small spacecraft, promoting groundbreaking advances in space propulsion with high thrust, safe, and inexpensive propulsion system technology.
  • M&A Bazaar — M&A Bazaar provides the M&A Bazaar Method, a revolutionary M&A process that systematically solves the challenges encountered by traditional M&A procedures.
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Jonas Huckestein
Angel · London, England, United Kingdom · 1 investments in Tanzania startups

Jonas Huckestein creates great products from scratch. After moving to the US from Germany in 2010 he was the first engineer at Campfire Labs (acquired by Groupon), founding CTO of Ark.com, and is a Director at the StartupBus. He got a Mathematics degree at 18, Computer Science at 21 and is on leave from technology management grad school. Beforemoving here he worked in management consulting.

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Investment focus

  • Industry: Banking, Internet, Logistics
  • Stage:Seed, Pre-Seed
  • Geography: United Kingdom, Tanzania

Investor stats

  • Total investments: 3
  • Round size: Seed $3.7M–$10M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Packfleet — We serve millions of Londoners, combining a top-notch delivery service with advanced technology to offer a carbon-neutral delivery experience like no other.
  • Nala — A new kind of mobile money transfer for Africans worldwide! Make safe, affordable, and reliable international payments to Kenya, Tanzania, and Uganda.
  • Gradient Labs — Our AI agent resolves complex customer service queries end-to-end. Delivering quality, efficiency and compliance at every step.
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Andrew Vigneault
Angel · New York, New York, United States · 1 investments in Tanzania startups

Andrew is a successful entrepreneur as well as investor and advisor to more than 100 early-stage startups across enterprise SaaS and fintech. He founded and served as CEO of ClearGraph (acquired by Tableau (NYSE: DATA)). Andrew is a top .5% contributor to Stanford StartX (2k+ entrepreneurs). Earlier in his career, he served multiple roles inventure and investment banking, and holds a B.S. in Finance, summa cum laude, from the Gabelli School of Business.

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Investment focus

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

Investor stats

  • Total investments: 43
  • Round size: Seed $1.7M–$5M; Pre-Seed $500k–$2.3M; Series A $13M–$32M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • Caplight — Caplight is a platform that enables institutional investors to buy and sell derivatives of private equity.For the first time in the private markets, institutional investors can hedge positions, generate income on assets, and access true liquidity with public settlement-like mechanics.Caplight serves a broad range of QIBs including hedge funds,VC funds, family offices, pensions, endowments, mutual funds, and insurance firms.Securities are offered by North Capital Private Securities, member FINRA/SIPC, a partner of Caplight Markets LLC.
  • Champify — Champify tracks job changes to help go-to-market teams turn existing relationships into new business opportunities that go closed-won.
  • Workr — Workr Labs enables manufacturers in industries like aerospace and automotive to unlock the potential of high-mix, low-volume production automation. Our intuitive robotic machine tending solution combines advanced AI-driven learning with seamless integration into existing CNC machines and robots. With Workr, manufacturers can train robots to handlenew tasks in under two minutes, ensuring consistent reliability, increased machine utilization, and reduced dependency on skilled labor. Our flexible SaaS model and scalable hardware make automation accessible, empowering teams to boost productivity and adapt to dynamic production demands.
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Acacia Venture Capital Partners
VC Fund · Shanghai, Shanghai, China · 1 investments in Tanzania startups

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.

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Investment focus

  • Industry: Software, E-Commerce, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series B
  • Geography: United States, Mexico, Colombia

Investor stats

  • Total investments: 18
  • Round size: Seed $1.5M–$8.2M; Pre-Seed $500k–$500k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Menza — Menza is a data analytics platform that generates interactive dashboards and proactive insights using AI.
  • Reacher — Reacher is an AI platform that streamlines creator discovery, outreach, campaign management, and analytics for TikTok Shop affiliates.
  • Karumi — Karumi is an AI agent that joins a live video call with your prospects to deliver personalized product demos, 24/7, in any language.
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Bill & Melinda Gates Foundation
VC Fund · New York, New York, United States · 1 investments in Tanzania startups

We are a nonprofit fighting poverty, disease, and inequity around the world

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Investment focus

  • Industry: Biotechnology, Health Care, Medical
  • Stage:Grant, Series A, Seed
  • Geography: United States, United Kingdom, India

Investor stats

  • Total investments: 239
  • Round size: Seed $10k–$3M; Grant $500k–$13M; Series A $2.3M–$60M
  • Lead/follow: 74% lead, 26% follow

Portfolio highlights

  • Atreca — Atreca is a biopharmaceutical that develops a technology to identify the set of antibodies produced during an immune response, without prior knowledge of an antigen. Its product candidate, ATRC-101, is a monoclonal antibody in preclinical development with a novel mechanism of action and target-derived from an antibody identified using its discoveryplatform.
  • Aspen Pharmacare — Aspen is a global specialty and branded multinational pharmaceutical company with a presence in both emerging and developed markets
  • Philips — Koninklijke Philips is a technology company that provides healthcare, consumer lifestyle, and lighting products, solutions, and services. The company offers professionals with healthcare, lighting, and oral healthcare products, professional dictation, and display solutions, and innovation services. It offers consumers electronic products related tosound and vision, personal care, mother and child care, housewares, lighting, PCs and phones, and more.
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Bessemer Venture Partners
VC Fund · Redwood City, California, United States · 1 investments in Tanzania startups

We partner with audacious entrepreneurs building enduring businesses.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Series B, Series A, Series C
  • Geography: United States, India, Israel

Investor stats

  • Total investments: 1190
  • Round size: Series A $5M–$34M; Series B $9.8M–$55M; Series C $10M–$100M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: Likely still investing — raised $3.9B in 2022

Portfolio highlights

  • Zopper — Zopper works with insurance providers to create smaller and personalized insurance products that it supplies to distribution partners. Zopper is an insurance infrastructure API platform that democratizes access to insurance distribution.
  • Folx Health — FOLX is a nationwide healthcare provider for the LGBTQIA+ community. We deliver affirming and joyful care that celebrates your identity and honors your choices.
  • Black Sheep Foods — Black Sheep Foods seeks to be the world leader in plant-based lamb and other wild and heritage meats.
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Finnfund
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Tanzania startups

Finnfund is a Finnish development finance company that provides long-term risk capital for private projects in developing countries. Apart from co-investing with Finnish companies they can finance ventures that use Finnish technology, cooperate with Finnish partners on a long-term basis or generate major environmental or social benefits.

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Investment focus

  • Industry: Financial Services, Energy, FinTech
  • Stage:Debt Financing, Series B
  • Geography: Kenya, India, South Africa

Investor stats

  • Total investments: 66
  • Round size: Series B $5M–$41M; Debt Financing $2.7M–$135M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Igloo — As a top insurtech company, Igloo makes insurance easy across Southeast Asia by working with reputable insurers and distribution partners.
  • Mobisol — We transform lives through solar energy access. Our solar home systems and mini-grids benefit millions of people in Sub-Saharan Africa.
  • Cassava Technologies — Cassava Technologies is an innovative technology company encompassing fiber networks, data centers, renewable energy, cloud & cybersecurity.
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GMC coLABS
VC Fund · 1 investments in Tanzania startups

Investment focus

  • Industry: B2B, Mobile, Consumer
  • Stage:Seed, Pre-Seed
  • Geography: Kenya, Tanzania

Investor stats

  • Total investments: 2
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Taimba Limited — Taimba is a B2B mobile-based platform connecting farmers to urban traders with aim of reducing food wastage and to stabilize market prices.
  • WomenChoice Industries — WomenChoice Industries is a manufacturer and distributor of low-cost, affordable, reusable sanitary towels.
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The MBA Fund
VC Fund · Palo Alto, California, United States · 1 investments in Tanzania startups

The MBA Fund is a VC fund and network of founders, executives and investors committed to mentoring and investing in leading early-stage, student and alumni founders. The firm was founded in 2018 by Josh Hoffman-Senn, Hiro Tien, Sieva Kozinsky and Hansae Catlett.

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Investment focus

  • Industry: Software, Health Care, Food and Beverage
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Ghana, France

Investor stats

  • Total investments: 53
  • Round size: Seed $1.1M–$6.4M; Pre-Seed $100k–$3.6M; Series A $14M–$16M
  • Lead/follow: 0% lead, 100% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • heva — Heva - AI-native practice management platform connecting global patients with quality healthcare. Find affordable medical procedures, trusted providers, and seamless cross-border care coordination.
  • Creatify AI — Creatify AI provides a platform for creating user-generated content UGC style video ads. Users can generate multiple video ads by simply pasting a product link, utilizing a library of AI avatars for a more engaging presentation. The service automates video production, allowing users to produce ads quickly and efficiently. Additionally, Creatifyoffers tools for performance marketers to analyze their advertising strategies and gain insights into their competition. This combination of video creation and analytical features supports sales teams in enhancing their marketing efforts and improving engagement with potential customers.
  • ThetaWave AI — Turn lectures into notes, mindmaps, quizzes & flashcards in real-time. Trusted by 50,000+ students from Stanford, MIT & more. Free to try.
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Peeyush Ranjan
Angel · Palo Alto, California, United States · 1 investments in Tanzania startups

Peeyush Ranjan is the GM and VP of Google Pay, Fintech, and Next Billion Users at Google. He attended the Indian Institute of Technology Kharagpur.

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Investment focus

  • Industry: SaaS, Internet, Software
  • Stage:Seed, Series B, Series A
  • Geography: United States, India, Tanzania

Investor stats

  • Total investments: 6
  • Round size: Seed $3.7M–$10M; Series B $9.2M–$20M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Koji — Koji is the world’s most powerful Link in Bio platform. With hundreds of free apps created by Koji and its community of independent developers, the Koji Link in Bio gives leading Creators on TikTok, Instagram, Twitch, and other social media platforms new ways to engage audiences, connect with supporters, and monetize.
  • Hatica — Hatica aggregates activity from all your work apps to power software engineering dashboards and gen AI-driven insights to help teams drive velocity, alignment and well-being.
  • Nala — A new kind of mobile money transfer for Africans worldwide! Make safe, affordable, and reliable international payments to Kenya, Tanzania, and Uganda.
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Sanofi
VC Fund · Paris, Ile-de-France, France · 1 investments in Tanzania startups

We provide potentially life-changing treatments and the protection of life-saving vaccines to millions of people

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Investment focus

  • Industry: Biotechnology, Health Care, Pharmaceutical
  • Stage:Series B, Post-IPO Equity, Series A
  • Geography: United States, France, China

Investor stats

  • Total investments: 41
  • Round size: Series A $2.7M–$400M; Series B $7.5M–$180M; Post-IPO Equity $3M–$309M
  • Lead/follow: 51% lead, 49% follow

Portfolio highlights

  • Altesa
  • Earendil Labs — Transforming protein therapeutics discovery with next-generation AI, deep learning, and high-throughput biology.
  • Electra Therapeutics — Electra Therapeutics is a clinical stage biotechnology company developing therapies for cancer and other immunological diseases.
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VentureSouq
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in Tanzania startups

VentureSouq (VSQ) is a MENA-based venture capital fund manager with a global portfolio. VSQ manages thematic funds, with a current focus on FinTech and ClimateTech.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Arab Emirates, Saudi Arabia

Investor stats

  • Total investments: 168
  • Round size: Seed $250k–$9M; Series A $6M–$37M; Series B $6M–$50M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: Likely still investing — raised $50M in 2021

Portfolio highlights

  • Inovat — Travellers have to stand hours in the queues and get charged hidden fees to receive Tax refund that they are entitled to. They change that. With Inovat, get the best Tax Free experience that you deserve.
  • Orbii AI — Our AI enriches & analyses borrower data, helping you make credit decisions in minutes. Accelerate your business loan Underwriting decisons.
  • Siin — E-commerce Marketplace
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Warioba Ventures
VC Fund · Dar Es Salaam, Dar es Salaam, Tanzania · 1 investments in Tanzania startups

Warioba Ventures is an investment and advisory firm.

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Investment focus

  • Industry: Health Care
  • Stage:Seed
  • Geography: Tanzania

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Dawa Mkononi — Dawa Mkononi (DM) is a registered company that mainly focuses on innovations to improve pharmaceutical supply chain. The app is run by DM Pharmacy located at Kariakoo in Dar es Salaam. The app currently serves for wholesale business only to pharmacies, ADDOs, and health facilities such as Hospitals and Clinics.
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NEC Corporation
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Tanzania startups

NEC Group under the Solution for Society principle delivers safety, security, fairness and efficiency to our society with our partners around the globe.

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Investment focus

  • Industry: Software, Manufacturing, Information Technology
  • Stage:Series B, Series A
  • Geography: United States, Japan, Israel

Investor stats

  • Total investments: 31
  • Round size: Series A $7.7M–$70M; Series B $10M–$553M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • Sakana AI — We are creating a new kind of foundation model based on nature-inspired intelligence.
  • BostonGene — BostonGene Corporation is pioneering the use of biomedical software for advanced patient analysis and personalized therapy decision making in the fight against cancer. BostonGene’s unique solution performs sophisticated analytics to aid clinicians in their evaluation of viable treatment options for each patient's individual genetics, tumor andtumor microenvironment, clinical characteristics and disease profile. BostonGene’s mission is to enable physicians to provide every patient with the highest probability of survival through optimal cancer treatments using advanced, personalized therapies
  • Rapidus — Rapidus is an Electronic component research, development, design, production, and sales that includes semiconductor elements and integrated circuits. Environmentally friendly, energy-saving semiconductors and semiconductor manufacturing technology are being researched and developed. Human resource development and training for the semiconductorsector.
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Pontem Ventures
VC Fund · Dar Es Salaam, Dar es Salaam, Tanzania · 1 investments in Tanzania startups

Pontem Ventures are a strategic investment vehicle that identifies, vets and invests in industry agnostic growth businesses.

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Investment focus

  • Industry: Health Care
  • Stage:Seed
  • Geography: Tanzania

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Dawa Mkononi — Dawa Mkononi (DM) is a registered company that mainly focuses on innovations to improve pharmaceutical supply chain. The app is run by DM Pharmacy located at Kariakoo in Dar es Salaam. The app currently serves for wholesale business only to pharmacies, ADDOs, and health facilities such as Hospitals and Clinics.
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AAIC Investment
VC Fund · Singapore, Central Region, Singapore · 1 investments in Tanzania startups

We will continue to invest and support the growth of innovative companies towards sustainable economic growth and solving social issues.

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Investment focus

  • Industry: Health Care, Medical, E-Commerce
  • Stage:Series A, Seed, Series B
  • Geography: Kenya, Egypt, Nigeria

Investor stats

  • Total investments: 25
  • Round size: Seed $450k–$12M; Series A $3M–$794M; Series B $16M–$40M
  • Lead/follow: 20% lead, 80% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Aumet — Aumet allows medical manufacturers and distributors increase their sales by sharing hospital inquiries, business news, search for products, and find potential clients.Manufacturers and distributors who work together connect and get verified so they share hospital inquiries, market business news between each other .Suppliers list their productsand connect with distributors who sell these products and select countries, where they are looking for distributors, in the meantime distributors, connects with their suppliers, search for new product and list their interests.
  • Chowdeck — Order food, groceries, drinks, medicines & everyday essentials from top restaurants, pharmacies, local markets, and stores near you. Fast delivery with Chowdeck.
  • Ilara Health — Ilara Health helps primary care clinics across Africa deliver better care.
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DCG Expeditions
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 1 investments in Tanzania startups

Luno Expeditions is a global early-stage investor supporting fintech & crypto founders on their journeys to build the next generation of financial services.

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Investment focus

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

Investor stats

  • Total investments: 23
  • Round size: Seed $1.5M–$5.3M; Pre-Seed $350k–$1.5M; Series A $10M–$20M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Onmeta — Onmeta
  • Anchor — Anchor is building the infrastructure needed for businesses to build, launch, and scale banking and payment solutions.
  • Sealance Corp. — Sealance provides financial services, cryptography and other services.
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9Yards Capital
VC Fund · San Francisco, California, United States · 1 investments in Tanzania startups

Growth-stage venture capital.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Series A, Series B, Seed
  • Geography: United States, United Kingdom, Ireland

Investor stats

  • Total investments: 124
  • Round size: Seed $1.3M–$17M; Series A $7.4M–$30M; Series B $23M–$130M
  • Lead/follow: 4% lead, 96% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Capitolis — Capitolis is a technology provider addressing capital market constraints in equities and foreign exchange. It connects capital with collaborative solutions to clients all over the world.The company connects market participants and transforms the efficiency frontiers of their businesses. It partners with clients to address their challenges andcreatively build new opportunities around under-utilized capital.Capitolis was founded in 2017 and is headquartered in New York.
  • Judi Health — Capital Rx is a health technology company that engages in managing pharmacy benefit plans. The company is redefining the way prescriptions are priced and administered in the U.S. Through its Clearinghouse Model, it unlocks the pharmacy supply chain and reduces prescription costs for employer groups. By establishing a competitive marketplace fordrug pricing, Capital Rx focuses its resources on deploying actionable strategies that improve plan performance and patient outcomes.
  • Candex — Candex is your tech-based master vendor, enabling enterprises to engage and make purchases from suppliers in a compliant way without onboarding delays.
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Musha Ventures
VC Fund · New York, New York, United States · 1 investments in Tanzania startups

Seed capital for technology startups globally.

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Investment focus

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

Investor stats

  • Total investments: 140
  • Round size: Seed $125k–$4.9M; Pre-Seed $300k–$3.2M; Series A $2.5M–$10M
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • nGrow.ai — Boost revenue and engagement
  • HoneyCoin — HoneyCoin is a web3/web2 ecosystem of products built in a way that abstracts complexity and brings all the value of web3 and web2 to the forefront.
  • Orca Fraud — Orca empowers fraud fighters with effective tools to combat fraud
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Ryan King
Angel · San Francisco, California, United States · 1 investments in Tanzania startups

Ryan is the Co-founder and CTO of Chime. Previously, Ryan was the VP of Engineering of Plaxo, an early professional social networking pioneer which was acquired by Comcast Interactive Media. Prior to Plaxo, Ryan worked at Liberate Technologies and Microsoft.Ryan earned a M.S. in Computer Science from Stanford University and a B.S. in ComputerScience & Engineering from UCLA.

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Investment focus

  • Industry: FinTech, Finance, Software
  • Stage:Series A, Series B
  • Geography: United States

Investor stats

  • Total investments: 3
  • Round size: Series A $13M–$40M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Unit21 — Unit21 helps protect businesses against adversaries through a simple API and dashboard for detecting and managing money laundering, fraud, and other sophisticated risks across multiple industries.
  • Nala — A new kind of mobile money transfer for Africans worldwide! Make safe, affordable, and reliable international payments to Kenya, Tanzania, and Uganda.
  • Parafin — Parafin provides you with an end-to-end solution to offer one-click financing to your sellers.
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Shine Capital
VC Fund · New York, New York, United States · 1 investments in Tanzania startups

Shine is an early-stage venture capital firm that partners with creative, convincing, relentless entrepreneurs to build iconic businesses.

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Investment focus

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

Investor stats

  • Total investments: 67
  • Round size: Seed $3.5M–$18M; Series A $12M–$25M; Series B $10M–$71M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $100M in 2022

Portfolio highlights

  • Mentra — Mentra tackles systemic inequality by economically empowering underserved communities. We’re erasing the stigma around Disability Hiring with our recruiting platform that matches neurodiverse talent with inclusive employers.Our mission is to bring neurodiversity to the workplace - providing employers with thought diversity & job seekers witheconomic opportunity
  • Rose Rocket — Rose Rocket's transportation management software (TMS) helps trucking companies and freight brokers improve visibility, collaboration, and efficiency.
  • Supergood Systems — Generate fully managed tools your agents can call at scale. Ultra fast, reliable and observable. Skip the browser entirely.
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Ventures Platform
VC Fund · Abuja, Federal Capital Territory, Nigeria · 1 investments in Tanzania startups

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

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Investment focus

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

Investor stats

  • Total investments: 143
  • Round size: Seed $325k–$4.4M; Pre-Seed $100k–$1.3M
  • Lead/follow: 28% lead, 72% 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.
  • Brass — Get started with a modern current account
  • LemFi — Send money to India, China, Pakistan, Nigeria, Ghana, Kenya and 30 other countries. Receive and manage your money without stress
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International Finance Corporation
VC Fund · Washington, District of Columbia, United States · 1 investments in Tanzania startups

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.

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Investment focus

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

Investor stats

  • Total investments: 465
  • Round size: Series B $6M–$45M; Debt Financing $20M–$333M
  • Lead/follow: 58% lead, 42% follow

Portfolio highlights

  • Moglix — Moglix is India's leading online store for industrial tools and equipment. Shop now for latest range of industrial products including safety shoes, power tools and more. Free shipping & COD available.
  • Banco Agricola — Banco Agricola is a Financial services provider. They work in: -Digital: channels, products and services with digital access.
  • iBus Networks & Infrastructure — IBus Network was founded in 2013, born of a vision to connect people, places and things by providing next generation in-building solutions to deliver high quality, secure connectivity & provide first party hyper–local data intelligence.With a proven business model and scalability with profitability since inception, we have maintained aconsistent growth, with a customer base 24 sites of 10 M. sq.ft. and a user base of 100,000. We focus on large scale impact connectivity technologies and are also well entrenched in the ecosystem to provide passive ‘Distributed Antenna System’ (DAS) solutions.We operate under a unique business model that is defined by service and revenue partnership with leading builders, top 3 hospitality operators and leading property management firms. While our hands-on technology expertise helps us solve complex multi-dimensional problems, it is our speed and flawless execution that has won us several leading Telcos as strategic clients.
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Planet N Group of Companies
VC Fund · London, England, United Kingdom · 1 investments in Tanzania startups

Planet N Group is a growth markets oriented high-tech investment firm focused on the Greater Middle East and Asia. Planet N’s portfolio spans financial inclusion, fintech, data science & AI, e-media, e-health, blockchain, edutech and e-commerce across Egypt, Pakistan, the UAE, Singapore and the UK

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Investment focus

  • Industry: FinTech, E-Commerce, Health Care
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Pakistan, Oman, Egypt

Investor stats

  • Total investments: 26
  • Round size: Seed $850k–$5M
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • MContent — MContent is a platform that creates direct financing and investments for deserving content creators, film professionals, and media artists.
  • myco — myco is a content streaming super dApp that smoothly integrates AVOD and SVOD capabilities into a decentralized ecosystem.
  • WoW Health Solutions — WoW Health Pakistan Provides Best Healthcare Solutions In Pakistan. Connect With Doctor via Phone Call Or Call Doctor At Home Anytime.
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Sajid Rahman
Angel · Jakarta, Jakarta Raya, Indonesia · 1 investments in Tanzania startups

Sajid currently works as Managing Partner at MyAsiaVC He attended London Business School.

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Investment focus

  • Industry: Financial Services, FinTech, Banking
  • Stage:Seed, Pre-Seed
  • Geography: India, Nigeria, Kenya

Investor stats

  • Total investments: 16
  • Round size: Seed $150k–$5.5M; Pre-Seed $385k–$6M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • ImaliPay — ImaliPay is a financial health platform offering financial products to freelancers and blue collar gig workers in partnership with gig platforms.
  • EquityList — Equity management with online cap table management and employee stock option programs (ESOP) administration. Available free for Indian startups
  • 10 Minute School — 10 Minute School is the largest online educational platform in Bangladesh. Through our website, app, and social media, more than 10 Million+ students are accessing quality education each day to accelerate their learning.
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HOF Capital
VC Fund · New York, New York, United States · 1 investments in Tanzania startups

HOF Capital is a global technology investment firm that leverages its global limited partner network to help founders build massive businesses.

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Investment focus

  • Industry: Software, Artificial Intelligence, Financial Services
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Singapore, United Kingdom

Investor stats

  • Total investments: 180
  • Round size: Seed $1.4M–$15M; Pre-Seed $385k–$5.5M; Series A $10M–$57M
  • Lead/follow: 16% lead, 84% follow
  • Last fund: Likely still investing — raised $300M in 2022

Portfolio highlights

  • Extropic AI — The next era of computing isn't dead. It's alive. More coming soon.
  • Flutterwave — Sell online, process payments, build financial products, or use business tools designed to grow your business.
  • BillionToOne — We are a team at the forefront of disease detection focused on moving Prenatal Screening and Liquid Biopsy forward.
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Jared Schrieber
Angel · Budapest, Budapest, Hungary · 1 investments in Tanzania startups

Jared Schrieber - Co-Founder & Board Member @ Numerator

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Investment focus

  • Industry: Software, Hospitality, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Hungary, United States, Spain

Investor stats

  • Total investments: 13
  • Round size: Seed $1M–$3.8M; Pre-Seed $227k–$800k; Series A $15M–$32M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • PastPay — Give your customers the opportunity to purchase now, but pay later with PastPay's payment solution, tailored to the needs of B2B merchants!
  • Captiwate — Drive more qualified demos by leveraging video calls with high-value prospects. Capture intent at the opportune moment to enhance effectiveness and optimize conversions. Empower your SDRs.
  • Loop Golf — Search less, golf more with Loop Golf. We make it effortless to search and book tee times at popular local golf courses near you. Used by golfers across the nation, we're committed to simplifying your golf experience. Discover a range of golf courses and effortlessly secure your ideal tee time. With Loop Golf, embracing the joy of golfing has never been more accessible.
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Alex Bouaziz
Angel · San Francisco, California, United States · 1 investments in Tanzania startups

Alex Bouaziz co-founded Deel in 2018 where he now currently serves as chief executive officer. Earlier in his career, Alex has helped build startups such as Sarona Ventures, Lifeslice, and Cryptofighters.Alex is an MIT alumnus holding a master's degree in civil and environmental engineering. He also holds a BSc in civil and environmentalengineering from Technion - Israel Institute of Technology.

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Investment focus

  • Industry: Software, Financial Services, FinTech
  • Stage:Seed, Series A, Angel
  • Geography: United States, Mexico, Finland

Investor stats

  • Total investments: 22
  • Round size: Seed $2M–$7.4M; Series A $12M–$100M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Truora — Connect with your users via WhatsApp Optimize your onboarding process using WhatsApp.
  • Winden — Winden is a business bank designed to help you make more money. Earn unlimited cash-back, free wire transfers, zero fees, and more.
  • Nala — A new kind of mobile money transfer for Africans worldwide! Make safe, affordable, and reliable international payments to Kenya, Tanzania, and Uganda.
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Flexcap
VC Fund · New York, New York, United States · 1 investments in Tanzania startups

Flexcap is a venture capital investment firm based in New York, New York. The firm focuses on early stage investments in enterprise SaaS and financial services.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Seed, Series A
  • Geography: United States, Tanzania

Investor stats

  • Total investments: 4
  • Round size: Seed $2.6M–$7M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Ramani — Ramani is an application for salespeople to track their inventory, register their customers and record their sales transactions.
  • Kindo — Kindo brings AI-native security and automation to DevOps, SecOps, and ITOps. Streamline operations, cut alert fatigue, and resolve incidents autonomously with intelligent agents.
  • Candid Intelligence — Candid Intelligence is a software company that specializes in AI solutions for engineering and construction projects.
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Aaron Fu
Angel · Nairobi, Nairobi Area, Kenya · 1 investments in Tanzania startups

Aaron has 10+ years of global experience building, scaling and investing in technology products in corporate and startup environments. He has co-founded both B2B & B2C businesses, in Africa - he has led seed stage equity investments in 20+ startups (totaling $2m+), driven the exit of 3 startups in Africa, he also sits on the board of ofstartups ranging from AgriTech to Transport and has worked with 100s through partners like Visa, MTN, Airbus, Société Générale and the World Bank.Prior to the Catalyst Fund, he was the Managing Director of MEST, Africa’s Largest Pre-Seed Incubator, and Managing Partner for Africa at Nest.vc, a Hong Kong based fund, which he joined after a career in financial services.

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Investment focus

  • Industry: Financial Services, Software, Apps
  • Stage:Seed, Pre-Seed
  • Geography: Kenya, Nigeria, Egypt

Investor stats

  • Total investments: 20
  • Round size: Seed $100k–$4M; Pre-Seed $100k–$280k
  • Lead/follow: 70% lead, 30% follow

Portfolio highlights

  • OkHi — Smart addressing for emerging markets. Enabling businesses to collect an accurate address, navigate to it without getting lost and verity it remotely.
  • Nala — A new kind of mobile money transfer for Africans worldwide! Make safe, affordable, and reliable international payments to Kenya, Tanzania, and Uganda.
  • Stitch — One API integration for enterprise online payments across South Africa. Accept Pay by bank, debit + credit card, cash, manual EFT, debit order and crypto.
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Japan International Cooperation Agency
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Tanzania startups

The Japan International Cooperation Agency (JICA) is advancing its activities around the pillars of a field-oriented approach, human security, and enhanced effectiveness, efficiency and speed.

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Investment focus

  • Industry: Financial Services, Finance, Renewable Energy
  • Stage:Debt Financing, Post-IPO Debt, Series C
  • Geography: Vietnam, Japan, United Arab Emirates

Investor stats

  • Total investments: 15
  • Round size: Series C $3M–$40M; Post-IPO Debt $176M–$350M; Debt Financing $8M–$1.1B
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • VPBank — As one of the earliest-established Joint-stock Commercial banks in Vietnam, VPBank has achieved steady development throughout its history. Especially since 2010, VPBank has grown dramatically with the development and implementation of the strategic transformation program diligently with support from one of the world’s leading consulting companies.
  • Banco Industrial — Banco Industrial is a financial banking institution. We currently offer services through a network of more than 3,180 service points throughout the Republic of Guatemala, as well as access to the most complete web and mobile electronic banking from anywhere in the world. Banco Industrial was established in 1968 in Guatemala.
  • HDBank — HDBank was established in 1990, is one of the first joint-stock commercial banks in the country. Over 30 years of operation, HDBank is now one of the leading banks in Vietnam and is expanding internationally.HDBank has strong financial potential and modern technology, providing a wide range of financial and banking services to individuals,businesses, and investors.
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DST Global
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 1 investments in Tanzania startups

DST Global is an investment firm that focuses on late-stage ventures in the Internet sector. The firm has invested in several rapidly growing companies. Its offices are in Menlo Park, New York, London, Beijing, and Hong Kong. The firm was founded in 2009 by Yuri Milner, Saurabh Gupta, John Lindfors, Rahul Mehta, and Tom Stafford.

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Investment focus

  • Industry: FinTech, E-Commerce, Financial Services
  • Stage:Series B, Series C, Series D
  • Geography: United States, China, India

Investor stats

  • Total investments: 245
  • Lead/follow: no public data

Portfolio highlights

  • CloudX — CloudX is a supply side platform for mobile and AI publishers. Boost revenue with AI workflows and a liquid marketplace.
  • Console — Console helps IT teams get to Inbox Zero. Auto-resolve over 50% of your support requests directly in Slack and Teams, using AI Agents that understand how your company does work.
  • Flexion Robotics — Founded by scientists, roboticists and engineers, Flexion is for those who refuse to settle for the status quo and dare to venture where others won't. Join us.
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Investor funding in Tanzania at a glance

Stats across 109 deals from 140 investors.

140
investors
in Tanzania startups
109
deals
in Tanzania startups
$1M
median round
in Tanzania startups
37%
lead investors
lead at least one round
18%
Seed
most common funding stage
93/7
VC / Angel
share of investor count

Access all 140 investors in Tanzania startups.

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