# Top 40 Medical Device Startup Investors in Africa in June 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| Finnfund | 3 | Kenya, India, South Africa | Debt Financing, Series B | Financial Services, Energy, FinTech |
| Futuregrowth Asset Management | 2 | South Africa, France, United States | Seed, Series B | Software, Transportation, Financial Services |
| Ventures Platform | 2 | Nigeria, United States, Kenya | Seed, Pre-Seed | Financial Services, FinTech, Internet |
| Chandaria Capital | 2 | Kenya, United States, Nigeria | Seed, Series A, Pre-Seed | E-Commerce, Retail, FinTech |
| Newtown Partners | 2 | South Africa, Ghana, Kenya | Seed, Series A | Logistics, Health Care, Pharmaceutical |
| FINCA Ventures | 2 | Kenya, Nigeria, Mexico | Seed, Grant, Series A | Financial Services, Agriculture, AgTech |
| DOB Equity | 2 | Kenya, Tanzania, Rwanda | Private Equity, Seed | Food and Beverage, Farming, Agriculture |
| Bose Ventures | 2 | United States, India, Denmark | Series B, Series A | Software, Music, Mobile |
| HAVAÍC | 2 | South Africa, United States, Kenya | Seed, Series A | Software, Health Care, FinTech |
| UBS Optimus Foundation | 2 | India, Kenya, Germany | Series A, Seed | Education, Health Care, Medical Device |
| 54 Collective | 2 | Kenya, Nigeria, South Africa | Seed, Pre-Seed | Health Care, Information Technology, FinTech |
| Soros Economic Development Fund | 2 | India, Kenya, Brazil | Series A, Series C | Health Care, Manufacturing, AgTech |
| Grand Challenges Canada | 1 | Canada, United States, Australia | Grant, Seed, Debt Financing | Health Care, Medical Device, Biotechnology |
| Technology Innovation Agency | 1 | South Africa | Grant, Seed, Pre-Seed | Information Technology, Software, Health Care |
| Launch Africa | 1 | Nigeria, South Africa, United States | Seed, Pre-Seed | Financial Services, FinTech, Information Technology |
| Aruwa Capital | 1 | Nigeria, United States, France | Seed, Series A | Retail, FinTech, Big Data |
| Sphere Holdings | 1 | South Africa | Series A | Software, Web Apps, Health Care |
| Consonance Investment Managers | 1 | Nigeria, United States, Kenya | Seed, Series A, Pre-Seed | Software, Information Technology, FinTech |
| Black Pearl Investments | 1 | Kenya | Seed | Software, Health Care, Medical Device |
| Five35 Ventures | 1 | South Africa, Kenya, Nigeria | Seed, Pre-Seed | Information Technology, Wellness, Health Care |
| Perivoli Innovations | 1 | United Kingdom, Kenya, South Africa | Seed, Series A, Series B | Health Care, Biotechnology, Medical |
| Bill & Melinda Gates Foundation | 1 | United States, United Kingdom, India | Grant, Series A, Seed | Biotechnology, Health Care, Medical |
| Shaka Ventures | 1 | China, Egypt, Kenya | Seed, Private Equity | Mobile, Banking, Payments |
| SAB Foundation | 1 | South Africa |  | Health Care, Manufacturing, Medical Device |
| Musha Ventures | 1 | United States, Nigeria, Kenya | Seed, Pre-Seed, Series A | Software, Financial Services, FinTech |
| AAIC Investment | 1 | Kenya, Egypt, Nigeria | Series A, Seed, Series B | Health Care, Medical, E-Commerce |
| AfricInvest | 1 | Tunisia, Kenya, Morocco | Private Equity, Series A | Financial Services, Manufacturing, FinTech |
| Selma Ribica | 1 | Kenya, Morocco, Nigeria | Pre-Seed, Seed | Payments, Apps, Retail |
| U.S. International Development Finance Corp | 1 | India, United States, Kenya | Debt Financing, Post-IPO Debt | Financial Services, Finance, Banking |
| Aadil Mamujee | 1 | United States, India, Kenya | Seed, Pre-Seed, Series B | SaaS, Software, FinTech |
| Philips Foundation Impact Investments | 1 | Kenya | Seed | Software, Health Care, Medical Device |
| TLcom Capital Partners | 1 | Nigeria, United States, United Kingdom | Series A, Seed | Software, Mobile, Information Technology |
| Shakir Merali | 1 | Kenya, Mauritius | Seed, Series C | Credit, FinTech, Lending |
| Global Ventures | 1 | United Arab Emirates, Egypt, United States | Seed, Series A, Series B | Health Care, FinTech, Financial Services |
| Future Africa | 1 | Nigeria, United States, Kenya | Seed, Pre-Seed, Series A | Financial Services, FinTech, Information Technology |
| Greentree Investment Comany | 1 | Nigeria | Pre-Seed, Seed | Financial Services, Internet, Logistics |
| Alphamundi | 1 | Kenya, Colombia, Ghana | Debt Financing, Series A, Series B | Agriculture, Renewable Energy, Financial Services |
| Verge HealthTech Fund | 1 | Estonia, Singapore, United Kingdom | Seed, Pre-Seed, Series A | Health Care, Medical Device, Medical |
| Angaza Capital | 1 | Nigeria, Kenya, Rwanda | Seed, Series B, Venture - Series Unknown | Software, Health Care, Electronic Health Record (EHR) |
| The ASISA ESD Fund | 1 | South Africa | Seed, Series B, Series A | FinTech, Internet, InsurTech |

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