# Angaza Capital

> Angaza Capital is a VC fund in Abu Dhabi backing Software and Health Care. See 6 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Abu Dhabi, United Arab Emirates
- Total investments: 6
- Last investment: May 2026
- Lead investor: 17%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/angaza-capital/
- X (Twitter): https://mobile.twitter.com/angazacapital
- Website: https://www.angazacapital.com/

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

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1.2M–$3M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 2 | 33% |
| Health Care | 2 | 33% |
| Electronic Health Record (EHR) | 2 | 33% |
| Medical | 1 | 17% |
| Payments | 1 | 17% |

11 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 2 | 33% |
| Series B | 1 | 17% |
| Venture - Series Unknown | 1 | 17% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Nigeria | 2 | 33% |
| Kenya | 1 | 17% |
| Rwanda | 1 | 17% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| BFree | BFree focuses its collection processes on sustainably leading customers out of debt by giving them back control over their finances. |  | Venture - Series Unknown | May 06, 2026 |  |
| Ilara Health | Ilara Health brings accurate and affordable diagnostics to rural Africans through miniature, AI-powered diagnostic devices that are integrated via a proprietary technology platform and distributed directly to primary care doctors. | $2.5M | Seed | Feb 12, 2024 |  |
| BFree | BFree focuses its collection processes on sustainably leading customers out of debt by giving them back control over their finances. | $3M | Seed | Feb 05, 2024 |  |
| Helium Health | Helium Health is taking hospitals and clinics digital in Africa with a suite of software tools. It specializing in developing hospital software to manage patients’ health records and data. It helps hospitals digitize medical records, manage operations, and apply for financing; while providing a telemedicine solution to doctors. Using tech to builda modern and affordable healthcare system, Helium aims to be the largest healthcare data exchange in Africa.The company was founded in 2016 and is based in Lagos, Nigeria. | $30M | Series B | Jun 05, 2023 |  |
| AltSchool Africa | We are democratizing access to quality education for the next billion Africans. | $1.2M | Seed | Apr 09, 2023 |  |
| MAX | Max addresses the last-mile delivery and online-retail problems by using mobile and web platforms to connect consumers, retail businesses, and independent drivers in real-time. They are eliminating all logistics and technology barriers that have historically prevented retail businesses in Africa from realizing their full potential. | $24M | Venture - Series Unknown | Jan 31, 2022 |  |

6 of 6 investments shown.

## Co-investors
- [Capria Ventures](https://shizune.co/investors/profile/capria-ventures) — VC Fund, 3 deals together
- [AXIAN Investment](https://shizune.co/investors/profile/axian-investment) — VC Fund, 2 deals together
- [DotExe Ventures](https://shizune.co/investors/profile/dotexe-ventures) — VC Fund, 2 deals together
- [Philips Foundation Impact Investments](https://shizune.co/investors/profile/philips-foundation-impact-investments) — VC Fund, 2 deals together
- [4Di Capital](https://shizune.co/investors/profile/4di-capital) — VC Fund, 1 deal together
- [AAIC Holdings](https://shizune.co/investors/profile/aaic-holdings) — VC Fund, 1 deal together

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## FAQ

### What does Angaza Capital invest in?

Angaza Capital invests primarily in Software, Health Care and Electronic Health Record (EHR) startups, most often at Seed and Series B stage. Most of the 6 investments tracked by Shizune back companies in Nigeria. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Angaza Capital's check size?

Angaza Capital typically joins rounds of $1.2M–$3M at Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Angaza Capital participates in.

### When did Angaza Capital last invest?

The most recent investment recorded for Angaza Capital closed in May 2026. Shizune tracks 6 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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