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Top 5 Retail VC Funds & Investors in Tunisia (October 2026)

The most active venture capital funds investing in Tunisia Retail startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Tunisia Retail startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
F6 Ventures
VC Fund
9 Tunisia, France, United Arab Emirates Pre-Seed, Seed E-Commerce, Software, Information Technology $62k–$174k
Smart Capital
VC Fund
1 Japan, Tunisia Seed, Debt Financing Blockchain, SNS, Retail $375k–$2.9M
Dakar Network Angels
VC Fund
1 France, Nigeria, Tunisia Seed, Pre-Seed, Angel B2B, SaaS, Retail $25k–$1.8M
Janngo
VC Fund
1 Nigeria, United States, France Seed, Series A, Pre-Seed E-Commerce, Financial Services, B2B $400k–$18M
DAAL
VC Fund
1 Tunisia, Egypt, United Arab Emirates Seed, Series A, Convertible Note Software, E-Commerce, Information Technology
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Investor list

F6 Ventures
VC Fund · Tunis, Tunis, Tunisia · 9 investments in Tunisia Retail 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 — Customer service is our #1 priority. Get a premium domain for your website today. Financing available.
  • 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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Smart Capital
VC Fund · Minato, Chiba, Japan · 1 investments in Tunisia Retail startups

SMART CAPITAL is an advisory company with professionals who have extensive experience in business investment and corporate management.

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Investment focus

  • Industry: Blockchain, SNS, Retail
  • Stage:Seed, Debt Financing
  • Geography: Japan, Tunisia

Investor stats

  • Total investments: 4
  • Round size: Seed $375k–$2.9M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Pafin — Cryptact is a technology company providing solutions and platforms utilizing blockchains, smart contracts and virtual currencies.
  • Farm Trust — Farm Trust is an E-commerce platform for fruits and vegetables that provide traceability through blockchain.
  • Be Wireless Solutions — BWS develops solutions (Hardware + Connectivity + Software) that allow real-time and remote monitoring of connected objects for the saving of resources pruposes. BWS solutions are wireless, turnkey, connected, scalable, customizable, easy to install and above all economical. The BWS platform and solutions allow also prediction and anomaly detectionthanks to AI.
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Dakar Network Angels
VC Fund · Dakar, Dakar, Senegal · 1 investments in Tunisia Retail startups

Dakar Network Angels (DNA) is an angel investor network based in Dakar, Senegal, investing in early stage companies throughout the WAEMU region and contiguous countries.

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Investment focus

  • Industry: B2B, SaaS, Retail
  • Stage:Seed, Pre-Seed, Angel
  • Geography: France, Nigeria, Tunisia

Investor stats

  • Total investments: 5
  • Round size: Seed $25k–$400k; Pre-Seed $670k–$1.8M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Niokobok —
  • REasy — Top up locally, pay suppliers globally, and manage international shipments with REasy. Fast, secure, and designed for African businesses expanding worldwide.
  • Venco Platforms — Venco automates visitor management, billing, and collections, as well as smart utility vending for communities across Africa.
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Janngo
VC Fund · Abidjan, Lagunes, Côte d'Ivoire · 1 investments in Tunisia Retail startups

Janngo supports entrepreneurs who leverage technology to massify three impacts on the continent: 1/ Essential services & products for African consumers, 2/ Growth acceleration of African SMEs, and 3/ Job creation, in particular for women & youth

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Investment focus

  • Industry: E-Commerce, Financial Services, B2B
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Nigeria, United States, France

Investor stats

  • Total investments: 25
  • Round size: Seed $400k–$15M; Pre-Seed $546k–$2.7M; Series A $2.2M–$18M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: Likely still investing — raised $78M in 2022

Portfolio highlights

  • GoCab — GoCab is fintech solution providing Drive-to-own option for vehicle purchase in Emerging markets, helping to bridge the gap between mobility entrepreneurs and financial services.
  • Jobzyn — Jobzyn is building an AI-powered recruitment platform designed to help employers sift through overwhelming volumes of underqualified applications while helping candidates make better-informed career choices.
  • CreditChek — Africa's #1 credit intelligence platform. Access credit bureau API, bank statement analysis, BVN/KYC verification & direct debit for lenders in Nigeria, Kenya & Uganda. Trusted by 100+ businesses.
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DAAL
VC Fund · Al Khobar, Ash Sharqiyah, Saudi Arabia · 1 investments in Tunisia Retail startups

The aim of Daal is to create excellent opportunities for investment by providing mentorship and business development insights to companies within the IT space.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Seed, Series A, Convertible Note
  • Geography: Tunisia, Egypt, United Arab Emirates

Investor stats

  • Total investments: 19
  • Lead/follow: no public data

Portfolio highlights

  • Pulppo — Pulppo is the first Tech Enabled broker for Latin America. We partner with the best brokers in the region and empower them with tools, technology and resources to create a simple and transparent buying process. Pulppo was founded by Agustin Iglesias, former GM of Inmuebles24 and founder of Tokko Broker (Acquired by Navent) and Matias Gath, formerGM of Glovo in Argentina and founder of Kadabra (acquired by Glovo).
  • Kamioun — Kamioun is a mobile platform that connects FMCG manufacturers to local retail shops by fast free delivery of inventory.
  • Paper.id — Atur tempo pembayaran bisnis serta kirim & terima pembayaran dengan kartu kredit, invoice juga langsung sah dengan e-Meterai. Coba Sekarang!
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Retail VC funding in Tunisia at a glance

Stats across 18 deals from 13 investors.

13
investors
in Tunisia Retail startups
18
deals
in Tunisia Retail startups
$72k
median round
in Tunisia Retail startups
38%
lead investors
lead at least one round
28%
Seed
most common funding stage

Access all 13 VC funds in Tunisia Retail startups.

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