# Teranga Capital

> Teranga Capital is a VC fund in Dakar backing Logistics and AgTech. See 17 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Dakar, Senegal
- Total investments: 17
- Last investment: Jun 2024
- Lead investor: 35%
- Last updated: Aug 2026
- X (Twitter): https://www.twitter.com/terangacapital
- Website: http://www.terangacapital.com/

Teranga Capital is a VC fund in Dakar focused on Logistics and AgTech. Faced with the financing difficulties often encountered by Senegalese small and medium-sized enterprises, TERANGA CAPITAL aims to provide an innovative financing solution specifically designed to meet the needs of SMEs . TERANGA CAPITAL is aimed at SMEs with high growth potential from all sectors and regions of Senegal, whose financing needsare between 50 and 200 million FCFA . TERANGA CAPITAL strengthens its equity and becomes a minority shareholder of SMEs over a time horizon of around 5 years, and ensures active and personalized support according to the specific needs of each company in the portfolio. Accompanied companies aim to be supported in formalizing their management, strengthening their organization, increasing their skills and accelerating their commercial development.

## Contacts

5 contacts available for Teranga Capital. Shizune tracks 1 team members at Teranga Capital. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/teranga-capital?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $850k–$1M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Logistics | 2 | 12% |
| AgTech | 1 | 6% |
| Farming | 1 | 6% |
| Delivery | 1 | 6% |
| Recycling | 1 | 6% |

16 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 4 | 24% |
| Pre-Seed | 1 | 6% |
| Funding Round | 1 | 6% |
| Venture - Series Unknown | 1 | 6% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Olivie Furdelle | MD | 7 | https://shizune.co/investors/profile/olivie-furdelle |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Solarbox | Solarbox is a developer of electric three-wheelers for last-mile logistics. The company's vehicles offer sustainable design, assembly, charging, and battery swapping methods, as well as a heavy load carriage system. | $1M | Pre-Seed | Jun 25, 2024 |  |
| Ibriz | Ibriz manufactures solar water irrigation systems to support small scale farmers. |  | Venture - Series Unknown | Jan 01, 2024 |  |
| Fruitales | Fruitales is the manufacturer of consumer goods made from fruit and vegetables, mainly fresh chilies. |  | Venture - Series Unknown | Nov 07, 2022 |  |
| Socium | Socium these are companies that recruit and offer real career opportunities to all those who share their values ​​and wish to invest in their development. | $1M | Seed | Jul 22, 2022 |  |
| Afrikamart | Afrikamart is a west African distribution platform for fresh produce that offers its marketing services to producers - suppliers - and operates as a digital purchasing center for retailers, hotels and restaurants - customers.We combine extensive use of digital with its experience in the food value chain to: - Facilitate information exchangebetween suppliers and customers (purchase price, sale price, product availability, harvest and purchase forecasts) - Organize end-to-end logistics with a network of transporters - Optimize financial and product flows according to different purchase and payment termsOur team includes experienced technology driven individuals with a strong experience in food commodity trading. Afrikamart brings pragmatic solutions to solve food value chain inefficiencies in West Africa while empowering hundreds of underprivileged women and young people with economic opportunities. | $850K | Seed | Jun 30, 2022 |  |
| Multiservices Agricoles | Multiservices Agricoles specializes in the processing of locally grown paddy rice. |  | Seed | Jan 01, 2022 |  |
| Subito International | Subito International specializes in private transportation in the region. |  | Venture - Series Unknown | Jan 01, 2022 |  |
| Fruits & Berries | Fruits & Berries is the producer of fruit smoothies and juices with no additives, added sugars, conservatives, or coloring. |  | Seed | Jan 01, 2022 |  |
| FA CONFECTION | FA CONFECTION specializes in designing of traditional and professional clothes. |  | Seed | Jan 01, 2022 |  |
| Nowelli | Nowelli is involved in catering service and canteen management for healthy food intake. |  | Seed | Jan 01, 2021 |  |

10 of 17 investments shown.

## Co-investors
- [Investisseurs & Partenaires](https://shizune.co/investors/profile/investisseurs-and-partenaires) — VC Fund, 4 deals together
- [Launch Africa](https://shizune.co/investors/profile/launch-africa) — VC Fund, 2 deals together
- [Agence Française de Développement](https://shizune.co/investors/profile/agence-fran%C3%A7aise-de-d%C3%A9veloppement) — VC Fund, 1 deal together
- [beenok](https://shizune.co/investors/profile/beenok) — VC Fund, 1 deal together
- [Bloc Smart Africa Fund](https://shizune.co/investors/profile/bloc-smart-africa-fund) — VC Fund, 1 deal together
- [BREEGA](https://shizune.co/investors/profile/breega-capital) — VC Fund, 1 deal together

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## FAQ

### What does Teranga Capital invest in?

Teranga Capital invests primarily in Logistics, AgTech and Farming startups, most often at Seed and Pre-Seed stage. Most of the 17 investments tracked by Shizune back companies in Senegal. The Investment Focus section breaks down every industry, stage and country in the portfolio.

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

Teranga Capital typically joins rounds of $850k–$1M 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 Teranga Capital participates in.

### How do I contact Teranga Capital?

Public channels for Teranga Capital include X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Teranga Capital?

The team at Teranga Capital includes Olivie Furdelle (MD). The Team section lists each member with their title, investment count and links.

### 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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