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Top 50 Manufacturing VC Funds & Investors in Africa (September 2026)

The most active venture capital funds investing in Africa Manufacturing startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Africa Manufacturing startup companies. Find investors to raise a Seed, Series A or Venture - Series Unknown round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Algerian Startup Fund
VC Fund
6 Algeria, France, Spain Pre-Seed, Seed, Series A Apps, E-Commerce, Manufacturing $35k–$145k
Women Entrepreneurship for Africa
VC Fund
5 Nigeria, Uganda, Cameroon Pre-Seed, Grant Health Care, Agriculture, Food and Beverage
Belgian Investment Company for Developing Countries
VC Fund
5 Kenya, India, Senegal Debt Financing, Non-Equity Assistance, Venture - Series Unknown Financial Services, Finance, Banking $16k–$17M
All On
VC Fund
5 Nigeria, France, Senegal Venture - Series Unknown, Seed, Grant Renewable Energy, Energy, Solar $50k–$4M
Harambeans
VC Fund
4 Nigeria, Kenya, Morocco Seed, Angel, Grant Information Technology, B2B, FinTech $100k–$3.1M
British International Investment
VC Fund
4 India, Kenya, Nigeria Debt Financing, Series B Financial Services, Banking, Finance $6.8M–$100M
Knife Capital
VC Fund
4 South Africa, United States, United Kingdom Series A, Venture - Series Unknown Software, Information Technology, Education $1M–$15M
Pearl Capital Partners
VC Fund
4 Uganda, Kenya, Malawi Private Equity, Debt Financing, Seed Agriculture, Farming, Food Processing $5k–$2.6M
Future Africa
VC Fund
4 Nigeria, United States, Kenya Seed, Pre-Seed, Series A Financial Services, FinTech, Information Technology $100k–$40M
EDFI ElectriFI
VC Fund
3 United States, Kenya, France Debt Financing, Venture - Series Unknown, Series A Energy, Solar, Renewable Energy $114k–$30M
F6 Ventures
VC Fund
3 Tunisia, France, United Arab Emirates Pre-Seed, Seed E-Commerce, Software, Information Technology $62k–$174k
International Finance Corporation
VC Fund
3 India, Brazil, United States Debt Financing, Post-IPO Debt Financial Services, Finance, Banking $20M–$420M
Antler
VC Fund
3 Singapore, Australia, United Kingdom Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $100k–$29M
Kua Ventures
VC Fund
2 Kenya Seed, Pre-Seed, Venture - Series Unknown EdTech, Retail, Grocery $58k–$94k
Equator
VC Fund
2 Kenya, United States, United Kingdom Seed, Venture - Series Unknown, Series A Software, Renewable Energy, Agriculture $1.8M–$15M
Industrial Development Corporation
VC Fund
2 South Africa, Australia, Luxembourg Debt Financing, Post-IPO Debt, Series A Renewable Energy, Mining, Mobile $6M–$509M
Launch Africa
VC Fund
2 Nigeria, South Africa, United States Seed, Pre-Seed, Venture - Series Unknown Financial Services, FinTech, Information Technology $200k–$4M
Acumen
VC Fund
2 United States, India, Kenya Seed, Venture - Series Unknown Agriculture, Solar, Farming $300k–$7.4M
Ardent Capital
VC Fund
2 Nigeria, Indonesia, Thailand Seed, Pre-Seed, Series A E-Commerce, Internet, Software $100k–$15M
BluePeak Private Capital
VC Fund
2 Côte d'Ivoire, Tunisia, Mauritius Private Equity, Debt Financing, Venture - Series Unknown Finance, Manufacturing, Service Industry $8M–$25M
Venture Capital Studio
VC Fund
2 South Africa Seed, Pre-Seed, Series A Information Technology, Venture Capital, Software Engineering $262k–$14M
Barka Fund
VC Fund
2 Kenya, Côte d'Ivoire Venture - Series Unknown, Debt Financing Cosmetics, Manufacturing, Food and Beverage
Musashi Seimitsu Industry
VC Fund
2 Japan, United States, Kenya Series A, Series C, Pre-Seed Electric Vehicle, Industrial Engineering, Automotive $2.3M–$38M
Partech
VC Fund
2 United States, France, Germany Series A, Seed, Series B Software, E-Commerce, SaaS $1.1M–$56M
Novastar Ventures
VC Fund
2 Kenya, Nigeria, United States Series A, Series B Agriculture, Health Care, FinTech $1M–$42M
Mirova
VC Fund
2 France, United States, India Venture - Series Unknown, Debt Financing Energy, Renewable Energy, Farming $1.6M–$195M
University Technology Fund
VC Fund
2 South Africa Seed, Grant Biotechnology, AgTech, Medical $467k–$5M
PanAfrican Investment Co.
VC Fund
2 Kenya, United States Series A, Series B Local, EdTech, Content
European Bank for Reconstruction and Development
VC Fund
2 Turkey, Egypt, Ukraine Debt Financing, Post-IPO Debt, Private Equity Financial Services, Banking, Manufacturing $5.1M–$369M
Norican Group
VC Fund
2 South Africa Series A Software, Manufacturing, Machine Learning $6M–$10M
At One Ventures
VC Fund
2 United States, United Kingdom, Canada Seed, Series A, Series B Energy, Manufacturing, Agriculture $2.9M–$70M
Talanton
VC Fund
2 Kenya Series A, Debt Financing, Seed Shoes, Retail, Sports $1.1M–$23M
Genesys
VC Fund
2 Nigeria Seed, Pre-Seed Consulting, Legal, Solar $57k–$57k
Norfund
VC Fund
2 Kenya, South Africa, Nigeria Private Equity, Venture - Series Unknown, Debt Financing Financial Services, Energy, Renewable Energy $2.2M–$156M
Aruwa Capital
VC Fund
2 Nigeria, United States, France Seed, Venture - Series Unknown, Series A Health Care, Retail, FinTech $100k–$20M
Consonance Investment Managers
VC Fund
2 Nigeria, United States, Kenya Seed, Series A, Pre-Seed Software, Financial Services, Information Technology $50k–$10M
Kaleo Ventures
VC Fund
2 Nigeria, United States, Kenya Pre-Seed, Seed, Series A Financial Services, Information Technology, Software $25k–$15M
Opes Impact Fund
VC Fund
2 Italy, Kenya, India Venture - Series Unknown, Seed Communities, Agriculture, Energy $219k–$910k
AfricInvest
VC Fund
2 Tunisia, Kenya, Morocco Private Equity, Series A Financial Services, Manufacturing, FinTech $3.4M–$65M
SAB Foundation
VC Fund
1 South Africa Health Care, Manufacturing, Medical Device
End Poverty. Make Trillions
VC Fund
1 Ghana, United States Seed Mobile, Farming, FinTech $1.6M–$30M
Mahindra & Mahindra
VC Fund
1 India, Italy, Israel Series C, Private Equity Automotive, Manufacturing, Rental
Capaci.Tech
VC Fund
1 South Africa, United States Seed B2B, SMS, Apps $105k–$4M
Triodos Bank
VC Fund
1 India, Germany, Kenya Debt Financing, Series A Financial Services, Energy, Solar $3.6M–$80M
Khosla Ventures
VC Fund
1 United States, India, United Kingdom Series A, Series B, Seed Software, Artificial Intelligence, Health Care $2M–$100M
Incofin Investment Management
VC Fund
1 India, Kenya, Myanmar Series A, Series B Financial Services, Finance, FinTech
AFEX
VC Fund
1 Nigeria Series A AgTech, Farming, Agriculture
Torrey Pines Investment
VC Fund
1 United States, Russian Federation, Canada Seed, Series A Biotechnology, Health Care, Pharmaceutical
Blink
VC Fund
1 Kenya Series B, Series A ISP, Retail, Internet $3.5M–$16M
Vakayi Capital
VC Fund
1 Zimbabwe Industrial, Real Estate
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Algerian Startup Fund
VC Fund · 6 investments in Africa Manufacturing startups

This is the homepage of the website

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Noma pro — Innovative skincare technology for radiant beauty and wellness.
  • Instaclean — Professional at-home car wash services for ultimate convenience.
  • Skaly academy — Skaly academy empowers its student to master the sales automation software, Skaly.
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Women Entrepreneurship for Africa
VC Fund · Lagos, Lagos, Nigeria · 5 investments in Africa Manufacturing startups

Women Entrepreneurship for Africa

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Investment focus

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

Investor stats

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

Portfolio highlights

  • ORIKI — A wellness + farm to skin brand that creates pampering experiences and luxurious natural personal grooming products. Sharing Africa!
  • Mukuru Clean Stoves — Earthshot Prize Winner 2022. We use recycled metal to manufacture improved, efficient and affordable cookstoves.
  • Loom Craft Chocolate — Loom Craft Chocolate is a artisanal cocoa processor with a strong focus on the quality of our products and the sustainability of our processes.
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Belgian Investment Company for Developing Countries
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 5 investments in Africa Manufacturing startups

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

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Investment focus

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

Investor stats

  • Total investments: 127
  • Round size: Debt Financing $1.6M–$17M; Non-Equity Assistance $16k–$145k; Venture - Series Unknown $43k–$9.8M
  • Lead/follow: 53% lead, 47% follow

Portfolio highlights

  • Amartha — Amartha Mikro Fintech - P2P Lending Indonesia. Alternatif investasi dengan modal terjangkau mulai 100Rb. Tedaftar OJK, Imbal hasil 15%* & Berdampak Sosial.
  • Coris Holding — Coris Holding is a financial institution that was established with the motive to provide support to SMEs and SMIs.
  • Orchidia Pharmaceutical — Orchidia Pharmaceutical Industries (Orchidia) is an outstanding Egyptian company specialized in the production of pharmaceutical ophthalmic products.
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All On
VC Fund · Ikoyi, Lagos, Nigeria · 5 investments in Africa Manufacturing startups

All On: Energy Innovations. Powerful Collaboration. Our mission is to increase access to commercial energy products and services for under-served and un-served off-grid energy markets in Nigeria, with a special focus on the Niger Delta sources in Nigeria.

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Investment focus

  • Industry: Renewable Energy, Energy, Solar
  • Stage:Venture - Series Unknown, Seed, Grant
  • Geography: Nigeria, France, Senegal

Investor stats

  • Total investments: 27
  • Round size: Seed $100k–$2.5M; Grant $50k–$395k; Venture - Series Unknown $500k–$4M
  • Lead/follow: 56% lead, 44% follow

Portfolio highlights

  • Eja-Ice — Eja-Ice is a technology company that provides solar cold chain systems, refrigeration solutions, and temperature-controlled transport.
  • Maskh Nigeria — Maskh Nigeria Limited is an infrastructure firm composed of professionals with experience in renewable energy, construction, engineering, electrification, and procurement services. Spanning decades of operations, the company delivers efficient solutions for both government ministries and private sector clients.
  • Hinckley Recycling — Hinckley Recycling is dedicated to the responsibility of being a good steward of the environment and will in all circumstances aspire to constantly emphasize awareness of the natural environment, whilst maintaining a level of proficiency which demonstrates bona fide leadership in all spheres of the environment.
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Harambeans
VC Fund · 4 investments in Africa Manufacturing startups

Harambeans are African innovators who have pledged to “work together as one” to build Africa’s future. Over the last decade, Harambeans has spawned a series of tech-enabled ventures such as Andela, Flutterwave, and Yoco, which have collectively generated over 3000 jobs, and raised over $700m from Google Ventures, CRE Ventures and Accel.

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Investment focus

  • Industry: Information Technology, B2B, FinTech
  • Stage:Seed, Angel, Grant
  • Geography: Nigeria, Kenya, Morocco

Investor stats

  • Total investments: 11
  • Round size: Seed $100k–$3.1M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Releaf Earth — We are industrializing food processing in Africa. We've led 1000+ smallholder farmers to provide food factories with >7.5 million kilograms of quality crops.
  • ZSystems — ZSystems is a transformative super app designed to redefine B2B trade.
  • MarketForce — MarketForce is a US, Kenya and Nigeria-based technology company that is building the SuperApp for Africa's 100 million merchants. MarketForce provides an all-inclusive B2B Commerce and Fintech platform (dubbed “RejaReja” – Swahili for ‘retail’) that empowers merchants in Africa to source, order and pay for inventory digitally and conveniently,access financing, collect digital payments and make extra money by reselling digital financial services such as airtime, electricity tokens and bill payments. Launched in 2018, MarketForce is a fast-growing YC backed company running an asset-light business model and is currently operational in 5 markets in Sub-Saharan Africa, with over 200,000 merchants and 50 consumer brands trading on the platform.
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British International Investment
VC Fund · London, England, United Kingdom · 4 investments in Africa Manufacturing 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: 418
  • Round size: Series B $13M–$70M; Debt Financing $6.8M–$100M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: May invest from a new fund soon — raised $15M in 2009

Portfolio highlights

  • Mettle.net — Mettle was established in 1995 as a specialist financial services company and has, since its inception become recognised for innovation in the creation of specialised financial solutions.With clients ranging from international corporates to small and medium enterprises and individuals, clients experience a different kind of insight from Mettle.This level of vision and considered intuition can also be found in Mettle’s investments.
  • SunCulture — At SunCulture, we strive to solve the biggest daily challenges of smallholder farmers. We use off-grid solar technology to provide our customers with reliable access to water, irrigation, lighting, and mobile charging, and we can do all of that with a single system.
  • Coris Holding — Coris Holding is a financial institution that was established with the motive to provide support to SMEs and SMIs.
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Knife Capital
VC Fund · Cape Town, NA - South Africa, South Africa · 4 investments in Africa Manufacturing startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • wamly — Wamly is the recruitment software, It has given us time back to focus on transformational work.
  • Cue — Cue is one customer service platform for live chat, chatbots and broadcasts across WhatsApp, Messenger, web chat, email and many other digital channels.
  • Optique Optometrists — Optique Optometrists provides comprehensive eye care services, including eye tests, prescription glasses, and contact lenses. The company offers affordable eye care solutions and has multiple branches across South Africa. Customers can book appointments online and access a wide range of eyewear options. Optique Optometrists focuses on deliveringquality vision care and ensuring customer satisfaction through professional services and convenient booking options.
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Pearl Capital Partners
VC Fund · Kampala, Kampala, Uganda · 4 investments in Africa Manufacturing startups

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

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Investment focus

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

Investor stats

  • Total investments: 36
  • Round size: Seed $1.3M–$2.1M; Debt Financing $5k–$650k; Private Equity $18k–$2.6M
  • Lead/follow: 92% lead, 8% follow
  • Last fund: May invest from a new fund soon — raised $13M in 2017

Portfolio highlights

  • Enimiro — Enimiro is creating an online farming platform in form of a mobile App to connect Ugandan smallholder farmers with local investors to increase harvest while enabling urban people to invest into farming and earn proceeds at just a click of a button.
  • Kamp Feed — We are a company dealing in the production and sale of animal feeds (Pigs, Poultry, Cattle, Rabbit).
  • Newman Foods — Newman Foods is an agro-processing company that manufactures, exports, and supplies a comprehensive range of fresh agricultural products. Newman Foods Ltd is a Kampala-based agro-processing company whose primary business is producing and marketing branded consumer foods sold through retail stores in the local and the regional market, as well asaggregation and export of fresh fruits and vegetables (FFV) to the European market.
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Future Africa
VC Fund · San Francisco, California, United States · 4 investments in Africa Manufacturing startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • STEM Cafe — STEMCafe by RVRB is a fun out of school learning centre for kids
  • Juicyway — The new shape of money? Fluid. Access global currencies with Juicyway. Buy, sell, hold, and pay globally using our fast APIs, web, or mobile apps. Download now.
  • Lori Systems — Lori Systems is revolutionizing African logistics through innovative technology solutions. We connect shippers, transporters, and drivers to create efficient, reliable, and transparent supply chains across Africa.
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EDFI ElectriFI
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 3 investments in Africa Manufacturing startups

Impact investment in sustainable energy

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Investment focus

  • Industry: Energy, Solar, Renewable Energy
  • Stage:Debt Financing, Venture - Series Unknown, Series A
  • Geography: United States, Kenya, France

Investor stats

  • Total investments: 68
  • Round size: Series A $2.2M–$30M; Debt Financing $114k–$10M; Venture - Series Unknown $1.6M–$16M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • BURN — Experience clean, safe, and affordable cooking with BURN's innovative cookstoves. Impact lives, reduce emissions, and enjoy delicious meals. Shop now!
  • GOGO Electric — Bodawerk is an innovations and engineering company. Our products are created to serve the needs of people at the bottom of the pyramid.
  • MyJouleBox — MyJouleBox offers a solution for solar professionals in Africa to offer leased solar installations to their customers.
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Access 48,091 investors

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

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F6 Ventures
VC Fund · Tunis, Tunis, Tunisia · 3 investments in Africa Manufacturing startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Datasphera — Datasphera's Exacctly SaaS monitors support conversations between customers and support agents and detects situations (like urgency, requests, dissatisfaction,...) and emotions (like happiness, anger, distress,...) to quantify customer satisfaction and offer real-time actions (Automated alerts on critical issues, ticket escalation, agentassistance to reply).
  • True Delta — True Delta is a data management and processing company. They are document recognition and data reconciliation processes. They offer data extraction from documents using ocr techniques, fast onboarding and data integration,and efficient data reconciliation with intelligent matching tools and less coding .
  • Bako Motors SAS — Bako Motors SAS is a motor vehicle manufacturing company that develops solar electric vehicles. manufacturer of electric vehicles with the goal of creating long-term fixes for rural areas' transportation issues with regard to people, cargo, and machinery. The business makes electric cars as well as solutions for clean energy generation andstorage that are infinitely scalable, providing users with inexpensive and environmentally friendly e-mobility.
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International Finance Corporation
VC Fund · Washington, District of Columbia, United States · 3 investments in Africa Manufacturing 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, Banking
  • Stage:Debt Financing, Post-IPO Debt
  • Geography: India, Brazil, United States

Investor stats

  • Total investments: 740
  • Round size: Post-IPO Debt $50M–$420M; Debt Financing $20M–$350M
  • Lead/follow: 63% lead, 37% follow
  • Last fund: May invest from a new fund soon — last raise in 2016

Portfolio highlights

  • IIFL Finance — IIFL Finance - A leading finance & investment services company in India, providing gold loans & business loans at low-interest rates, no hidden charges and minimum documentation.
  • TerraPay — TerraPay, a mobile-first international payment network, has been founded with the vision to send money to any mobile. TerraPay interconnects financial services providers -- mobile wallet service providers, money transfer operators, banks and payment platforms – to create a “one network” for secure and seamless transnational movement of funds. Thenetwork facilitates a broad transaction set including interpersonal transfers, e-payments and government disbursements.TerraPay is platform agnostic and supports standard open APIs for integration with any mobile wallet provider. Through a single connection, partners gain access to a global payment network enabling rapid services up-scaling whilst minimizing Opex and Capex investments. As a fully regulated financial intermediary services network, TerraPay offers services beyond principal core transaction, routing and processing functions and assumes end-to-end responsibility for, regulatory compliance foreign exchange management and funds settlement.
  • AND Global — AND Global is a Financial Technology as a Services company that provides everything that a modern digital bank needs and more. The company was founded in 2015 and headquartered in Central Region, Singapore.
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Antler
VC Fund · Singapore, Central Region, Singapore · 3 investments in Africa Manufacturing startups

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

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Investment focus

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

Investor stats

  • Total investments: 2377
  • Round size: Seed $158k–$4.5M; Pre-Seed $100k–$590k; Series A $4.1M–$29M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely actively investing — fresh fund, raised $7.5M in 2026

Portfolio highlights

  • Two — Buy Now, Pay Later for your business customers. Two makes it easy and safe to offer invoice as a payment method on your e-commerce site.
  • Forti Foods — The mission of Forti Foods is to enhance communities and change lives beyond the plate by fostering resilience and dignity via sustainable food innovation.
  • Neighbourhood — Neighbourhood transform unused spaces in restaurants, hotels and residences, into local hubs for co-working, creating and collaborating.
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Kua Ventures
VC Fund · Westlands, Nairobi Area, Kenya · 2 investments in Africa Manufacturing startups

Kua Ventures provides inexpensive finance, mentoring, and community to faith-driven, social entrepreneurs that are creating great employment and changing lives while simultaneously demonstrating Christ's love.

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Investment focus

  • Industry: EdTech, Retail, Grocery
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Kenya

Investor stats

  • Total investments: 18
  • Round size: Venture - Series Unknown $58k–$94k
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Twiva — Twiva is a creator-first, tech-enabled platform that serves as an end-to-end ecosystem. Our purpose is to equip creators with the skills, tools, resources, and access they need to succeed as online entrepreneurs.
  • 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.
  • Seven Twenty Holdings — Seven Twenty Holdings specializes in the manufacturing of curtain rods and curtain rods accessories and manufactures paints.
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Equator
VC Fund · Nairobi, Nairobi Area, Kenya · 2 investments in Africa Manufacturing startups

A venture capital firm investing in tech-enabled, early-stage ventures that are accelerating an equitable climate transition in Sub-Saharan Africa.

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Investment focus

  • Industry: Software, Renewable Energy, Agriculture
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: Kenya, United States, United Kingdom

Investor stats

  • Total investments: 11
  • Round size: Seed $1.8M–$5M; Series A $14M–$15M
  • Lead/follow: 64% lead, 36% follow
  • Last fund: Likely actively investing — fresh fund, raised $55M in 2025

Portfolio highlights

  • Leta — Leta Technology is a software development company that creates supply chain and logistics software to enable the efficient and automated movement of goods.
  • Open Access Energy — South Africa's first multilateral wheeling software platform that automates energy transactions.
  • SHYFT Power Solutions — SHYFT builds industrial-grade IoT and integrated software to connect and intelligently manage distributed energy resources (DERs) in markets that struggle with resiliency. SHYFT is pioneering the development of integrated decentralized power systems in emerging markets like Nigeria, leapfrogging over traditional central infrastructure and enablingDERs to scale and support existing but unreliable grids.
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Industrial Development Corporation
VC Fund · Sandown, NA - South Africa, South Africa · 2 investments in Africa Manufacturing startups

The Industrial Development Corporation of South Africa Ltd (IDC) is a national development finance institution set up to promote economic growth and industrial development.

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Investment focus

  • Industry: Renewable Energy, Mining, Mobile
  • Stage:Debt Financing, Post-IPO Debt, Series A
  • Geography: South Africa, Australia, Luxembourg

Investor stats

  • Total investments: 23
  • Round size: Series A $6M–$26M; Post-IPO Debt $11M–$49M; Debt Financing $30M–$509M
  • Lead/follow: 61% lead, 39% follow
  • Last fund: May invest from a new fund soon — raised $68M in 2021

Portfolio highlights

  • Fedgroup — Fedgroup offers financial solutions in South Africa & abroad, providing investments, asset-backed lending, group risk & fiduciary services
  • AMEA Power — Founded in 2016, AMEA Power has assembled a leading team of global industry experts to deliver clean energy projects across Africa, the Middle East and other emerging markets.
  • Minbos Resources — Minbos has to build a nutrient supply and distribution business that stimulates agricultural production and promotes food security. They provide nutrient supply and distribution business that stimulates agricultural production and promotes food security.
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Launch Africa
VC Fund · Ebène, Plaines Wilhems, Mauritius · 2 investments in Africa Manufacturing startups, 7 in the past 12 months

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Zazu — Zazu is an all-in-one financial platform for African SMEs, helping businesses manage payments, automate cash flow, and access real-time financial insights from one simple dashboard.
  • Fincart — Fincart is a leading shipping platform in Egypt, connecting your business with top courier services, automating operations, and helping you scale your eCommerce logistics.
  • Udu Technologies — Udu Technologies is an AI infrastructure company that offers GPU systems, AI platform integration, and technical support services.
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Acumen
VC Fund · New York, New York, United States · 2 investments in Africa Manufacturing startups

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

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Investment focus

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

Investor stats

  • Total investments: 207
  • Round size: Seed $300k–$2.5M; Venture - Series Unknown $651k–$7.4M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely actively investing — fresh fund, raised $123M in 2025

Portfolio highlights

  • PrePex — Non Surgical Male Circumcision for HIV Prevention and social enterprise, offering innovative, affordable and scalable public healthcare solutions
  • Sproxil — Sproxil is an information technology company that focuses on supply chains and consumer engagement. It specializes in brand protection, consumer engagement, anti-counterfeiting, product authentication, and consumer promotions. The company was founded in 2009 and headquartered in Cambridge, Massachusetts.
  • eBik — eBik is an innovation-driven company that builds high-quality products by investing in R&D, innovation, and automation.
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Ardent Capital
VC Fund · Bangkok, Krung Thep, Thailand · 2 investments in Africa Manufacturing startups

Leading Venture Capital & Builder in Southeast Asia | Experts in E-Commerce, B2B, B2C, Fulfilment Startups | Seed, Series A Funding

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Investment focus

  • Industry: E-Commerce, Internet, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, Indonesia, Thailand

Investor stats

  • Total investments: 45
  • Round size: Seed $100k–$2.7M; Pre-Seed $100k–$400k; Series A $100k–$15M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: May invest from a new fund soon — raised $13M in 2014

Portfolio highlights

  • Laborhack — LaborHack offers a select network of tested and certified carpenters, plumbers, electricians, masons, welders, and other tradespeople. It provides cleaning, plumbing, electrical, and HVAC services.
  • Trade Lenda — Trade Lenda: Access to Loans, Investments, Utility Payments, Credit Access, Insurance, and More! Unlock Opportunities to Earn, Invest, and Grow. Secure Personal or Business Loans Toda
  • Feather Africa — Feather Africa provides money transaction services, such as enabling users to send and receive money from anyone using the application. It offers withdrawals of cash without ATM cards by sending money to the nearest cash vendors.
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BluePeak Private Capital
VC Fund · Tunis, Tunis, Tunisia · 2 investments in Africa Manufacturing startups

BluePeak Private Capital is an alternative asset management firm based in Tunisia.

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Investment focus

  • Industry: Finance, Manufacturing, Service Industry
  • Stage:Private Equity, Debt Financing, Venture - Series Unknown
  • Geography: Côte d'Ivoire, Tunisia, Mauritius

Investor stats

  • Total investments: 12
  • Round size: Debt Financing $16M–$20M; Private Equity $8M–$25M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: Likely actively investing — fresh fund, raised $80M in 2025

Portfolio highlights

  • Sancella — In partnership with the Swedish conglomerate SCA Hygiène products, Sancella Tunisie manufactures and markets for the countries of the Maghreb and West Africa, a wide range of hygiene products for single use, namely; Baby diapers under the Libero Peaudouce brand , periodic napkins under the Nana brand , incontinent diapers under the Tena brand, anda wide range of household paper for individual use in the Top , Tempo and Tork brand .Since its creation in 1995, SANCELLA Tunisie has developed a strong position in the Maghreb market. It has two factories in Tunisia and one in Algeria and a distribution network throughout the Maghreb.
  • Monty Mobile — Founded in 1998 as a member of Monty Holding Group, Monty Mobile positions itself as a leading VAS & telecom solutions provider and an international SMS wholesale intermediary hub, working closely with worldwide mobile operators, aggregators and enterprises to facilitate the international flow of Voice and SMS across global markets. In itsquest to constantly evolve and meet customers’ demands by exceeding all expectations, Monty Mobile also extended its portfolio to include a wide range of Fintech, Data Monetization, IoT and Mobile Advertising solutions.With its innovative solutions, professional customer service and a long-lasting thirst for improvement, Monty Mobile has grown into a key regional player in the telecommunications business, gathering under its portfolio many of the biggest mobile operators and service providers around the world.
  • Groupe Centaures — LCR is a family owned business founded in August 1953 by Jean-Jacques Delsuc. The Company employs more than 540 people.Presently, LCR is a leading and reputable transportation company in Côte d’Ivoire with a historical presence. The company is operating an impressive fleet of trucks and other equipment.
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Venture Capital Studio
VC Fund · Cape Town, NA - South Africa, South Africa · 2 investments in Africa Manufacturing startups

36 Followers, 31 Following, 1 Posts - See Instagram photos and videos from Black Silver Capital (@blacksilvercapital)

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Investment focus

  • Industry: Information Technology, Venture Capital, Software Engineering
  • Stage:Seed, Pre-Seed, Series A
  • Geography: South Africa

Investor stats

  • Total investments: 10
  • Round size: Seed $928k–$10M; Pre-Seed $262k–$3.7M; Series A $2.7M–$14M
  • Lead/follow: 90% lead, 10% follow
  • Last fund: Likely actively investing — fresh fund, raised $250000B in 2025

Portfolio highlights

  • Accrual Software — We are a Software Development Company
  • Cyrrix Cybersecurity — At Cyrrix Cybersecurity, we understand the importance of protecting your business from online threats. Our team provides a full range of cybersecurity services to help safeguard your company's sensitive information and systems. We offer comprehensive risk assessments, penetration testing, and incident response planning to identify and addressvulnerabilities in your network. Our managed security services provide ongoing monitoring and threat detection to keep your business protected around the clock. With our help, you can rest easy knowing that your company's valuable assets are secure.
  • Aesthetic Prosthetic Bionics — Biological Engineering, Bionics, Biomimetics, Hydraulics, Prosthetics, Neuroprosthetics, Exoskeleton Suits, Dynamics, Kinematics Robotics, Human-Robot Interaction, Artificial Organs, Artificial Intelligence, Quantum Computing, Knowledge Reasoning, Machine Learning, Natural Language Processing, Computer Vision, Robotics, Artificial GeneralIntelligence, Deep Learning, Bayesian Networks, Evolutionary Algorithms, Computational Neuroscience, Neurocybernetics, Cybernetics, Cognitive Science, Source Coding, Channel Coding, Algorithmic Complexity Theory, Algorithmic Information Theory, Information-Theoretic Security, Grey System Theory & Biotechnology
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Barka Fund
VC Fund · New York, New York, United States · 2 investments in Africa Manufacturing startups

WHAT WE DO Creating Value for Our Clients Technical AssistanceWe provide a comprehensive suite of professional services to support entrepreneurs throughout their business journey. Read More Impact InvestingWe intentionally invest to create positive outcomes while generating financial returns through a blended finance approach. Read More Advisory & ResearchWe provide expert consultation, in-depth analysis, market research,

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Investment focus

  • Industry: Cosmetics, Manufacturing, Food and Beverage
  • Stage:Venture - Series Unknown, Debt Financing
  • Geography: Kenya, Côte d'Ivoire

Investor stats

  • Total investments: 3
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Laboratoires Adeba — Adeba Nature is a West African indie beauty brand focuses on 100% natural, vegan skincare, haircare, and bodycare products made with traditional West African ingredients like Adjoba oil, shea butter, and black soap.
  • Orient Enterprises — Orient Enterprises is an agribusiness that processes and exports premium-grade macadamia nuts, cashews, and fruit products, with a focus on sustainable sourcing from local smallholder farmers. The company serves international B2B buyers and consumers through its premium Orient Chef brand.
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Musashi Seimitsu Industry
VC Fund · Toyohashi, Aichi, Japan · 2 investments in Africa Manufacturing startups

This is the official website of Musashi Seimitsu Kogyo Co. Musashi Seimitsu Kogyo develops, manufactures, and sells differentials, transmission gears, ball joints, and other products for automobiles and motorcycles. While promoting the development of products such as powertrains, suspensions, and steering systems for next-generation vehicles such as electric vehicles and automated driving, we are also focusing on the creation and expansion of a wide range of new businesses, including the promotion of Industry 4.0 through the development of advanced AI technology and the development of open innovation to contribute to the achievement of the SDGs in a wide range of areas. We are also focusing on the creation and expansion of new businesses.

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Investment focus

  • Industry: Electric Vehicle, Industrial Engineering, Automotive
  • Stage:Series A, Series C, Pre-Seed
  • Geography: Japan, United States, Kenya

Investor stats

  • Total investments: 9
  • Round size: Series A $2.3M–$23M; Series C $25M–$38M
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • Dodai — Dodai manufactures and assembles the electric motorcycles.
  • TANAAKK — TANAAKK provides “HITSERIES”, Growth-as-a-Service especially for Fortune Global 500 in-house startups to migrate R&D fruits into cloud-native scalable SaaS. HITSERIES delivers reference architecture, platform and related DevOps, RevOps, EquityOps services. There is annually US$190 R&D expenditure solely in Japan. TANAAKK find growth optionin R&D, selecting right cloud business scheme and enabling liquidity for discounted intellectual assets. Usually supporting conglomerate to achieve new $100M SaaS revenue in 5 years.
  • ARC Ride — Leading the emobility revolution in East Africa - starting with Kenya #emobilityrevolution
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Partech
VC Fund · Paris, Ile-de-France, France · 2 investments in Africa Manufacturing startups

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

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Investment focus

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

Investor stats

  • Total investments: 678
  • Round size: Seed $1.1M–$9M; Series A $4.5M–$28M; Series B $9M–$56M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely actively investing — fresh fund, raised $345M in 2026

Portfolio highlights

  • Mercanis — Source services smarter and drive automation along your source-to-settle process. Discover how Mercanis enables you to collaborate with best-in-class suppliers across your departments.
  • TeamToolz — TeamToolz creates and implements user-friendly applications that simplify and streamline the creation, management and archiving of marketing communications. Addressing the urgency of time to market, our web-based tools better enable entire brand launches by coordinating the workflow of multiple outside agencies and internal groups, for moreintegrated worldwide brand management.
  • Revibe — Buy refurbished & used electronics (Smartphones, Laptops) in UAE at Revibe. Free delivery & 12 months warranty. Certified tech by our experts. Order Now!
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Novastar Ventures
VC Fund · Nairobi, Nairobi Area, Kenya · 2 investments in Africa Manufacturing startups

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

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Investment focus

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

Investor stats

  • Total investments: 71
  • Round size: Series A $1M–$23M; Series B $3.5M–$42M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely actively investing — fresh fund, raised $147M in 2026

Portfolio highlights

  • MAX — Make mobility accessible, safe, reliable, and sustainable for 1 billion Africans
  • ARC Ride — Leading the emobility revolution in East Africa - starting with Kenya #emobilityrevolution
  • Sistema.bio — Sistema.bio is a biodigester with biogas appliances. High efficiency biodigesters transform organic waste into renewable biogas.
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Mirova
VC Fund · Paris, Ile-de-France, France · 2 investments in Africa Manufacturing startups

Mirova is an asset managerment company offering investment solutions that combine financial performance with environmental and social impact.

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Investment focus

  • Industry: Energy, Renewable Energy, Farming
  • Stage:Venture - Series Unknown, Debt Financing
  • Geography: France, United States, India

Investor stats

  • Total investments: 72
  • Round size: Debt Financing $10M–$91M; Venture - Series Unknown $1.6M–$195M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: Likely still investing — raised $219M in 2024

Portfolio highlights

  • Solveo Energie — Solveo Energie specializes in the field of consulting and local renewable energy.
  • ReGeneration — ReGeneration engages in financing and accelerating the development of regenerative agriculture.
  • Greenway — Everything for charging EVs & the largest network of EV chargers in our region. We also sell, lease, install, and operate charging stations for 3rd parties.
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University Technology Fund
VC Fund · Stellenbosch, NA - South Africa, South Africa · 2 investments in Africa Manufacturing startups

The University Technology Fund specifically focusses on commercialising technology, intellectual property, and research - Visit Us!

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Investment focus

  • Industry: Biotechnology, AgTech, Medical
  • Stage:Seed, Grant
  • Geography: South Africa

Investor stats

  • Total investments: 25
  • Round size: Seed $484k–$5M; Grant $467k–$473k
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • Jem — We give employers the ability to send company-wide communications, deliver payslips, manage leave & give employees access to their earnings, via WhatsApp.
  • Immobazyme — Immobazyme provides pioneering the biotechnology industry. Using innovative technologies, along with an environmentally responsible outlook.the company aims to develop an analytical laboratory platform as well as serve the industrial sector through the production of high-value products by organic synthesis and environmental remediationtechnologies.
  • Happy Pay — Happy Pay is a credit scoring system developing company. The company integrates an autonomous artificial intelligence technology system with the merchant's platform to increase their average basket size and customer conversion metrics, providing users with buy now, and pay later services.
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PanAfrican Investment Co.
VC Fund · New York, New York, United States · 2 investments in Africa Manufacturing startups

PanAfrican Investment is a private investment firm focused on the growth and development of companies in sub-Saharan Africa.

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Investment focus

  • Industry: Local, EdTech, Content
  • Stage:Series A, Series B
  • Geography: Kenya, United States

Investor stats

  • Total investments: 4
  • Lead/follow: 75% lead, 25% follow

Portfolio highlights

  • Savoteur — Travel More, Work Less, Be Curious
  • Mobius Motors — Mobius Motors sells affordable vehicles designed specifically for the needs of developing world consumers. We aim to change millions of lives by providing the appropriate transport to mobilise rural Africa. Our vision is a more connected, more prosperous Africa.
  • Bridge International Academies — Bridge International Academies is an operator of scholastic academy services used to provide education to underprivileged children. Its services provide lessons based on national curricula, develop in-depth teacher training and programs, and use cutting-edge wireless technology that enables underprivileged children to get the right education, freeof cost, for a brighter future.
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European Bank for Reconstruction and Development
VC Fund · London, England, United Kingdom · 2 investments in Africa Manufacturing startups

The European Bank for Reconstruction and Development (EBRD) invests in changing lives. Through our financial investments, business services and work on policy reform, we're doing more than ever before to build open, market economies across 3 continents.

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Investment focus

  • Industry: Financial Services, Banking, Manufacturing
  • Stage:Debt Financing, Post-IPO Debt, Private Equity
  • Geography: Turkey, Egypt, Ukraine

Investor stats

  • Total investments: 491
  • Round size: Post-IPO Debt $17M–$369M; Debt Financing $5.1M–$225M; Private Equity $15M–$100M
  • Lead/follow: 76% lead, 24% follow

Portfolio highlights

  • Akbank — Akbank provides banking transactions for economic, financial, and commercial endeavors and activities. Their banking applications include corporate and investment banking, commercial banking, SME banking, retail banking, payment systems, treasury transactions, private banking, and international banking services.
  • Infinity Power — Infinity Power is the largest African renewable energy company, offering innovative solutions in solar power, wind energy, and low-carbon hydrogen technologies. Discover our projects and commitment to sustainable energy solutions.
  • QNB Türkiye — QNB Finansbank is a Turkish bank with headquarters in Istanbul. That provides Banking service.
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Norican Group
VC Fund · Taastrup, Hovedstaden, Denmark · 2 investments in Africa Manufacturing startups

Norican Group is the provider of parts formation (horizontal, matchplate & vertical moulding) and surface preparation technologies (airblast, wheelblast and mass finishing). Its core branded technology platforms are DISA and Wheelabrator.

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Investment focus

  • Industry: Software, Manufacturing, Machine Learning
  • Stage:Series A
  • Geography: South Africa

Investor stats

  • Total investments: 2
  • Round size: Series A $6M–$10M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • DataProphet — DataProphet offers production intelligence solutions for manufacturers. By combining human ingenuity with production data, we supercharge manufacturing excellence. Explore our Connect platform and expert services, trusted by industry leaders.
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At One Ventures
VC Fund · San Francisco, California, United States · 2 investments in Africa Manufacturing startups

At One Ventures finds, funds, and grows teams to catalyze a world where humanity is a net positive to nature.

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Investment focus

  • Industry: Energy, Manufacturing, Agriculture
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 75
  • Round size: Seed $2.9M–$15M; Series A $6.9M–$23M; Series B $17M–$70M
  • Lead/follow: 45% lead, 55% follow
  • Last fund: Likely still investing — raised $375M in 2023

Portfolio highlights

  • Finless Foods — Discover sustainable, cell-cultured seafood alternatives like bluefin tuna at Finless Foods, committed to ocean health and responsible food innovation.
  • Blue Energy — Modular power plants for modular nuclear reactors
  • Colossal Biosciences — The science of genetics. The business of discovery.
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Talanton
VC Fund · Newtown Square, Pennsylvania, United States · 2 investments in Africa Manufacturing startups

Talanton helps you combat poverty in developing countries by creating jobs. You can free those in poverty by coming alongside them through investments in growth-stage businesses.

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Investment focus

  • Industry: Shoes, Retail, Sports
  • Stage:Series A, Debt Financing, Seed
  • Geography: Kenya

Investor stats

  • Total investments: 6
  • Round size: Series A $1.1M–$23M; Debt Financing $3M–$5M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Pezesha — Digital Financial Ecosystem for connecting MSMEs to Capital.
  • ARC Ride — Leading the emobility revolution in East Africa - starting with Kenya #emobilityrevolution
  • MoKo Home + Living — MoKo Home is your plug for Modern Sofas, Quality Mattresses, Beds & affordable home furniture in Kenya. Order furniture online and we deliver
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Genesys
VC Fund · Enugu, Enugu, Nigeria · 2 investments in Africa Manufacturing startups

#weAreGenesys, a people-centred community focused on growing talents and businesses and developing technical capacity in Nigeria. @_learnable

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Investment focus

  • Industry: Consulting, Legal, Solar
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria

Investor stats

  • Total investments: 5
  • Round size: Pre-Seed $57k–$57k
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • Scuudu — Scuudu is a Research and Dev. Lab with dreams to change the Nigerian tech story for good through avant garde technologies. https://t.co/nmPliXNRjT
  • Lawyerpp — Affording Lawyers with the tools to run virtual Law Firms globally. Watch out for the Panic Button on the mobile app!
  • Greenage Technologies Power Systems — Delivering Solar Energy Access through local engineering and technology MINI-GRIDS, SOLAR INSTALLATION, SOLAR ENGINEERING WHO WE ARE Solar INVERTER COLLECTION...
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Norfund
VC Fund · Oslo, Oslo, Norway · 2 investments in Africa Manufacturing startups

Norwegian investment fund for developing countries

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Investment focus

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

Investor stats

  • Total investments: 105
  • Round size: Debt Financing $2.2M–$156M; Private Equity $7.4M–$125M; Venture - Series Unknown $7.5M–$70M
  • Lead/follow: 63% lead, 37% follow
  • Last fund: May invest from a new fund soon — last raise in 2009

Portfolio highlights

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

Aruwa Capital Management is a Lagos-based, female-founded and led growth equity impact fund.

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Investment focus

  • Industry: Health Care, Retail, FinTech
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: Nigeria, United States, France

Investor stats

  • Total investments: 23
  • Round size: Seed $100k–$3M; Series A $11M–$20M; Venture - Series Unknown $1.5M–$2M
  • Lead/follow: 78% lead, 22% follow
  • Last fund: Likely actively investing — fresh fund, raised $35M in 2025

Portfolio highlights

  • Koolboks — Koolboks: solar-powered, financially accessible fridges with an integrated pay-as-you-go platform dedicated to making cooling accessible to all of Sub-Saharan Africa. Get a Koolboks refrigerator for as little as 25k Naira down payment today!
  • Sika — Sika Box offers a comprehensive solution for global payment processing, focusing on bridging the payment divide between global enterprises and emerging markets. Utilizing blockchain and modern technologies, Sika Box re-engineers the payment process from customer acquisition to settlement. The platform enables merchants to offer alternate and localpayment options, facilitating seamless transactions. With a unified payment infrastructure named STASH, Sika Box allows merchants to consolidate payments from across the globe through a single payment gateway integration, simplifying the global commerce landscape for businesses.
  • Yikodeen — Yikodeen is a well-known and established footwear manufacturing company.
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Consonance Investment Managers
VC Fund · Lagos, Lagos, Nigeria · 2 investments in Africa Manufacturing startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Releaf Earth — We are industrializing food processing in Africa. We've led 1000+ smallholder farmers to provide food factories with >7.5 million kilograms of quality crops.
  • Tripesa — Control what AI coding assistants can install. Approve libraries, MCP servers, and extensions before they enter your codebase.
  • EMTECH — Cari pragmatic slot gacor? Cek info RTP slot Pragmatic Play terupdate di AkongCuan. Mulai modal slot depo 5K sekarang, mainkan, dan raih cuan maksimal!
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Kaleo Ventures
VC Fund · Dubai, Dubai, United Arab Emirates · 2 investments in Africa Manufacturing startups

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

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Investment focus

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

Investor stats

  • Total investments: 57
  • Round size: Seed $25k–$2.7M; Pre-Seed $50k–$1M; Series A $100k–$15M
  • Lead/follow: 7% lead, 93% follow
  • Last fund: Likely still investing — raised $1.1M in 2024

Portfolio highlights

  • BankWise — Liga123 merupakan situs slot jackpot 888 slots paling gacor dan juga platform ini terdata paling banyak dicari hari ini karena memiliki akses yang mudah tanpa harus menggunakan Apk tambahan seperti VPN untuk memainkan game favorit.
  • ChipMango — ChipMango is a semiconductor company that provides chip design and pre-manufacturing engineering services.
  • PowerLabs — PowerLabs is an energy and climate technology research and implementation company whose goal is to use intelligent energy to build a world where human output is boundless.
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Opes Impact Fund
VC Fund · Milano, Lombardia, Italy · 2 investments in Africa Manufacturing startups

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

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Investment focus

  • Industry: Communities, Agriculture, Energy
  • Stage:Venture - Series Unknown, Seed
  • Geography: Italy, Kenya, India

Investor stats

  • Total investments: 44
  • Round size: Seed $219k–$910k
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • Refolo — Refolo is a type B social cooperative that sees social agriculture as having a dual impact: social and environmental. Refolo was created with the aim of creating an agro-ecological and social corridor that runs through the province of Brescia from north to south with the hope that administrations and other communities will come together to generatea positive impact on the environment and the community.Refolo operates in an area located between the municipalities of Brescia, Collebeato, Villa Carcina and Montirone, territories that share the presence of agricultural areas that over the years have been abandoned due to their unsuitability for intensive agriculture and lack of interest by new generations and that are now ready to start again.
  • Ecodudu — Ecodudu is a waste-to-value company. It uses a proprietary innovation to recycle organic waste into high-protein animal feed and organic fertilizer using the black soldier fly. It harnesses insects (nature’s recycling agents) to address global issues which include waste management, demand for protein, and environmental conservation.
  • Sistema.bio — Sistema.bio is a biodigester with biogas appliances. High efficiency biodigesters transform organic waste into renewable biogas.
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AfricInvest
VC Fund · Tunis, Tunis, Tunisia · 2 investments in Africa Manufacturing startups

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

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Investment focus

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

Investor stats

  • Total investments: 115
  • Round size: Series A $3.4M–$65M; Private Equity $6.5M–$18M
  • Lead/follow: 65% lead, 35% follow
  • Last fund: Likely still investing — raised $36M in 2023

Portfolio highlights

  • Nile.ag — Nile.ag provides a platform for farmers to trade fresh produce with multiple producers across a number of African countries. Its digital solutions address inherent issues relating to food trading, quality verification, payments and traceability.
  • Promamec — Since 1981, Promamec has been producing and distributing medical devices in Morocco: equipment, medical equipment or consumable
  • Spoon Consulting — Spoon Consulting provides IT and back-office services related to ERP technologies and cloud technologies.
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SAB Foundation
VC Fund · Gauteng, NA - South Africa, South Africa · 1 investments in Africa Manufacturing startups

The SAB Foundation invests in entrepreneurs and social innovation. Its priority focus in on businesses and innovations that benefit women and youth, people in rural areas and people living with a disability.

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Investment focus

  • Industry: Health Care, Manufacturing, Medical Device
  • Geography: South Africa

Investor stats

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

Portfolio highlights

  • LIQID Medical — Glaucoma Implants in South Africa. Liqid Medical is a medical device company focusing on addressing the need for effective, long-rerm solutions for glaucoma treatment.
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End Poverty. Make Trillions
VC Fund · Marina Del Rey, California, United States · 1 investments in Africa Manufacturing startups

How we can end poverty in the United States, and make trillions of dollars doing it.

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Investment focus

  • Industry: Mobile, Farming, FinTech
  • Stage:Seed
  • Geography: Ghana, United States

Investor stats

  • Total investments: 3
  • Round size: Seed $1.6M–$30M
  • Lead/follow: 0% lead, 100% follow
  • Last fund: May invest from a new fund soon — raised $200M in 2021

Portfolio highlights

  • Asaak — Asaak is an asset financing company redefining financial inclusion and mobility for millions across Africa. Apply for a loan today!
  • Green Gold Farms — Green Gold Farms is also developing an innovative outgrower scheme that allows smallholder farmers to lift themselves out of poverty by training them on regenerative agriculture best practices, enabling them to produce on larger plots of land, and providing them with all of the necessary inputs and mechanization. Over time, the company aims to cedeits primary production to these smallholder farmers and move up the value chain into processing and, eventually, into manufacturing.
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Mahindra & Mahindra
VC Fund · Mumbai, Maharashtra, India · 1 investments in Africa Manufacturing startups

Mahindra Tractors, India's no. 1 tractor manufacturer offers a wide variety of farm tractors along with agriculture equipments for all your farming needs. Visit us now!

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Investment focus

  • Industry: Automotive, Manufacturing, Rental
  • Stage:Series C, Private Equity
  • Geography: India, Italy, Israel

Investor stats

  • Total investments: 5
  • Lead/follow: 80% lead, 20% follow

Portfolio highlights

  • REE Automotive — REE Automotive, the leader in Fleet Vehicle Electrification. X-By Wire, Corner Technology based on ground-up technology.
  • Eurl LD Azouaou — Eurl LD Azouaou engaged in the business of tractor assembly and distribution.
  • EV Co — EV Co. provides four-wheeler electric passenger vehicle services.
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Capaci.Tech
VC Fund · Johannesburg, NA - South Africa, South Africa · 1 investments in Africa Manufacturing startups

CapaciTech operates as a South African holding company that consists of an advisory business and special purposes vehicles that house shareholdings in various entrepreneurial ventures.

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Investment focus

  • Industry: B2B, SMS, Apps
  • Stage:Seed
  • Geography: South Africa, United States

Investor stats

  • Total investments: 7
  • Round size: Seed $105k–$4M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • TUNL — Ship globally with ease. TUNL offers affordable, transparent international shipping built for South African brands. Up to 91% cheaper. No surprises.
  • Marquee Group — Marquee Group is a sports management focused on Golf and train athletes to achieve goals.
  • Right Now Response — The future of repairs starts soon. Counting down to smarter tracking in 2025! There are perks to working 24/7, 365 days a year... Like launching the future of repairs ahead of schedule!
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Triodos Bank
VC Fund · Zeist, Utrecht, The Netherlands · 1 investments in Africa Manufacturing startups

Triodos Investment Management focuses on investments in various areas, including renewable energy, microfinance, and real estate.

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Investment focus

  • Industry: Financial Services, Energy, Solar
  • Stage:Debt Financing, Series A
  • Geography: India, Germany, Kenya

Investor stats

  • Total investments: 45
  • Round size: Series A $12M–$12M; Debt Financing $3.6M–$80M
  • Lead/follow: 47% lead, 53% follow

Portfolio highlights

  • MyJouleBox — MyJouleBox offers a solution for solar professionals in Africa to offer leased solar installations to their customers.
  • Storm — Storm focuses on wind energy solutions, developing and managing wind farms for renewable energy production.
  • axio — Capital Float is an online platform that provides working capital finance to SMEs in India. It offers flexible, short-term loans that can be used to purchase inventory, service new orders or optimize cash cycles. Borrowers can apply online in minutes, select desired repayment terms and receive funds in their bank accounts in 7 days with minimalhassle.Capital Float was founded in 2013 by Gaurav Hinduja and Sashank Rishyasringa.
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Khosla Ventures
VC Fund · Menlo Park, California, United States · 1 investments in Africa Manufacturing startups

Khosla Ventures is a venture capital firm that invests in early- to late-stage companies across sectors like AI, healthcare, sustainability, and consumer technology. It manages multiple funds, focusing on startups with innovative technologies or business models. The firm primarily targets sectors like AI, climate tech, digital health, and medtech,offering strategic support to help build long-lasting companies.

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Investment focus

  • Industry: Software, Artificial Intelligence, Health Care
  • Stage:Series A, Series B, Seed
  • Geography: United States, India, United Kingdom

Investor stats

  • Total investments: 1075
  • Round size: Seed $2M–$16M; Series A $5.5M–$44M; Series B $10M–$100M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $557M in 2022

Portfolio highlights

  • Loop — Loop Health is bringing ease and choice to patients seeking major medical treatments. We've brought together family physicians, top specialists, and leading hospitals in Pune – to provide options, transparency, and ease to patients and their families. Loop Coordinators help patients match with a doctor, compare treatment costs, get secondopinions, and complete admission formalities – removing the stress and making lives easier for the patient and their families.
  • Siolta Therapeutics — Siolta Therapeutics is harnessing science from the human microbiome to design next-generation microbial therapeutics. Learn more.
  • Rejuvenation Technologies — Rejuvenation Technologies is a biotechnology company that developed nucleoside-modified TERT mRNA to safely and rapidly extend telomeres. The company is headquartered in Mountain View, California.
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Incofin Investment Management
VC Fund · Antwerp, Antwerpen, Belgium · 1 investments in Africa Manufacturing startups

Incofin Investment Management (Incofin IM) manages funds that invest in microfinance institutions (MFIs) in developing countries. MFIs provide financial services, such as credits, savings and insurances, to people who cannot have recourse to regular banks. As a specialist in rural microfinancing, Incofin IM’s main goal is to reach out to people wholive in more secluded rural areas and/or who are active in the agricultural sector.

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Investment focus

  • Industry: Financial Services, Finance, FinTech
  • Stage:Series A, Series B
  • Geography: India, Kenya, Myanmar

Investor stats

  • Total investments: 29
  • Lead/follow: no public data

Portfolio highlights

  • Namdev Finvest — Namdev Finvest operates a non-banking finance platform that provides loans to rural and semi-urban agriculture, as well as the priority sector.
  • Spouts of Water — SPOUTS mission is to manufacture and distribute ceramic water filters to provide everyone in Uganda with safe water.
  • Saggraha Management Services — SaGgraha Management Services is a Bottom of the Pyramid financial services provider with a mission to contribute to the country's financial inclusion effort. The company is promoted by a team of professionals with banking, microfinance and financial services experience. The company believes at maintaining highest ethical and professionalstandards, governance and transparency.
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AFEX
VC Fund · Abuja, Federal Capital Territory, Nigeria · 1 investments in Africa Manufacturing startups

AFEX is a provider of infrastructure and platforms drive capital to build a trust economy.

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Investment focus

  • Industry: AgTech, Farming, Agriculture
  • Stage:Series A
  • Geography: Nigeria

Investor stats

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

Portfolio highlights

  • Agricorp International Development Limited — Agricorp is a proudly Nigerian company that provides global exports to clients of ginger sourced in key trading markets in Kaduna (Nigeria). We currently have an origination processing facility in Nigeria.In 2019, the team invested in building a semi-mechanized processing facility in Kaduna, capable of processing over 5,000MT of ginger annually.The facility employs over 100 local workers (80% women) in the cleaning and sorting sections of the process. In 2020, the company established its UK entity (Agricorp Inc.) to support its marketing efforts in pushing more products to Europe.Nigeria is the second largest producer of ginger in the world, but meagerly accounts for just 3.5% of the export market share due to capacity constraints and consistency. With this investment, Agricorp can deliver on exporting ginger and other processed spices to major buyers in the Middle East, Europe and America.
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Torrey Pines Investment
VC Fund · San Diego, California, United States · 1 investments in Africa Manufacturing startups

Torrey Pines Investment, founded in 2002, is a specialty life-science investment company located in San Diego.Torrey Pines has a team of investment professionals with extensive experience in entrepreneurship, venture capital and operations. Our firm has created biopharma incubators investing in early development stage assets from internationalpharma and biotech partners in CNS, oncology, and virology areas to bring them to commercial success through pharma partnering and M&A.We are committed to capitalizing on the unique opportunities in biotech and pharma, where we can add value in development or regulatory strategy by utilizing resources of our portfolio CRO companies. We seek to leverage our industry knowledge, network of industry and financial contacts, and internal resources to assist our portfolio management in developing and executing their business strategy. Our bottom line is to help our companies achieve growth, build value and realize wealth.

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Investment focus

  • Industry: Biotechnology, Health Care, Pharmaceutical
  • Stage:Seed, Series A
  • Geography: United States, Russian Federation, Canada

Investor stats

  • Total investments: 30
  • Lead/follow: no public data

Portfolio highlights

  • Mair Therapeutics — Mair Therapeutics main goal is finding and creating a small-molecule ion channel activator to treat Parkinson's disease, a preclinical drug discovery business.
  • Lomond Therapeutics — Targeting escape mutations in hematological cancers with first and best in class medicines.
  • MAIR PHARMACEUTICALS — Mair Pharmaceutical creates innovative processes and produces well-known unique substances for pharmaceutical and biopharmaceutical firms worldwide.
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Vakayi Capital
VC Fund · Harare, NA - Zimbabwe, Zimbabwe · 1 investments in Africa Manufacturing startups

Vakayi Capital supports outstanding entrepreneurs providing essential services in Zimbabwe. Vakayi is uniquely positioned in Zimbabwe to tap into the exceptional investment opportunities in businesses with proven business models, strong growth prospects and the potential to significantly create jobs and impact the lives of low-income people. Theteam’s experience and extensive business network generates a robust deal flow for capital deployment in the clean energy, housing, education and healthcare sectors. Currently, Vakayi is the only fund in Zimbabwe focused on supporting small businesses.

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Investment focus

  • Industry: Industrial, Real Estate
  • Geography: Zimbabwe

Investor stats

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

Portfolio highlights

  • Homelux — Homelux is one of the leading property development companies in Zimbabwe and will deploy the funds towards the development of residential stands in the Tynwald suburb area of Harare.
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