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Top 10 SaaS VC Funds & Investors in Zambia (August 2026)

The most active venture capital funds investing in Zambia SaaS startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Zambia SaaS startup companies. Find investors to raise a Pre-Seed, Seed or Grant round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Ground Squirrel Ventures
VC Fund
4 United States, Kenya, Zambia Seed, Venture - Series Unknown Financial Services, FinTech, Finance $125k–$48M
Catalytic Africa
VC Fund
2 Zambia, Cameroon, Tanzania Angel, Seed, Pre-Seed Apps, Online Portals, Financial Services $22k–$2M
UNDP
VC Fund
2 South Africa, United States, Egypt Grant, Seed, Pre-Seed AgTech, E-Commerce, Agriculture $7k–$100k
Patrick J. McGovern Foundation
VC Fund
1 United States, United Kingdom, Switzerland Grant, Seed, Pre-Seed Non Profit, Education, Health Care $100k–$750k
54 Collective
VC Fund
1 Kenya, Nigeria, South Africa Seed, Pre-Seed Health Care, Information Technology, FinTech $40k–$4M
bettervest GmbH
VC Fund
1 Kenya, Zambia, Belgium Debt Financing, Venture - Series Unknown Social Entrepreneurship, Solar, Energy $100k–$1.4M
Zenga Ventures
VC Fund
1 Zambia Seed Apps, Software, Business Information Systems
Twilio
VC Fund
1 United States, Egypt, Brazil Series A, Seed, Series B Software, Artificial Intelligence, Machine Learning $195k–$40M
Johnson & Johnson Foundation
VC Fund
1 Brazil, United States, Colombia Grant, Seed, Pre-Seed Health Care, Medical, Health Diagnostics $25k–$50k
Atom CTO
VC Fund
1 Zambia Seed Apps, Education, E-Learning
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Investor list

Ground Squirrel Ventures
VC Fund · Boston, Massachusetts, United States · 4 investments in Zambia SaaS startups

Seed round investment in frontier markets and clean energy

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Seed, Venture - Series Unknown
  • Geography: United States, Kenya, Zambia

Investor stats

  • Total investments: 70
  • Round size: Seed $400k–$3M; Venture - Series Unknown $125k–$48M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Grapevine — Grapevine makes it possible for groups to invite members, collect and distribute donations, establish a community and connect with nonprofits.
  • Untapped Global — Untapped connects global investors, and foreign capital to opportunities in emerging markets. Delivering competitive returns, and measurable impact for global investors.
  • Necessary Ventures — We invest in what the world needs.
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Catalytic Africa
VC Fund · Ebène, Plaines Wilhems, Mauritius · 2 investments in Zambia SaaS startups

Co-matching fund platform supporting startups and angel networks across Africa.

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Investment focus

  • Industry: Apps, Online Portals, Financial Services
  • Stage:Angel, Seed, Pre-Seed
  • Geography: Zambia, Cameroon, Tanzania

Investor stats

  • Total investments: 22
  • Round size: Seed $65k–$2M; Angel $22k–$90k; Pre-Seed $60k–$1.5M
  • Lead/follow: 45% lead, 55% follow

Portfolio highlights

  • Figorr — Figorr is your go-to, for accessing reliable information on temperature, humidity, and location. Experience the next generation of data-driven insights with Figorr today.
  • Sumet Technologies — Sumet is a transforming the distribution of essential goods across the african continent.
  • TileGreen — TileGreen transforms plastic waste into eco-friendly circular building materials. Our innovative technology creates sustainable solutions for construction industry.
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UNDP
VC Fund · New York, New York, United States · 2 investments in Zambia SaaS startups

UNDP works to eradicate poverty and reduce inequalities through the sustainable development of nations, in more than 170 countries and territories.

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Investment focus

  • Industry: AgTech, E-Commerce, Agriculture
  • Stage:Grant, Seed, Pre-Seed
  • Geography: South Africa, United States, Egypt

Investor stats

  • Total investments: 17
  • Round size: Grant $25k–$100k; Pre-Seed $7k–$40k
  • Lead/follow: 41% lead, 59% follow

Portfolio highlights

  • Amanleek — Amanleek, aims to simplify insurance services and make it more accessible for a wider base of individual and business customers through leveraging transparency, trust and innovation to deliver an enhanced experience for all parties involved through tech based solutions.
  • Medtech Africa — Medtech Africa is a Nigerian-based startup leveraging Artificial Intelligence and Apps to enable Cardiologists to treat and manage patients living with Cardiovascular Disease using the Patient's own data.The App, Forcardio, is a smart mobile & web application that seamlessly connects FDA-approved Bluetooth-enabled Cardiovascular devicesused by Patients through a mobile app to physician's tablet/device.Forcardio, eliminates the need for Cardiologists to use hundreds of apps to manage CVD. Forcardio App connects all CVD devices.We provide features such as AI analytics and Planning tools for Patient data for Cardiologist, emergency warning systems, on-demand video/voice call and management tools for CVD Patients.
  • Riwe — Empowering communities and industries with climate data, insurance, and financial infrastructure. 080000CALL-RIWE
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Patrick J. McGovern Foundation
VC Fund · Boston, Massachusetts, United States · 1 investments in Zambia SaaS startups

Patrick J McGovern Foundation advances AI and data innovation for global social impact. Supporting changemakers with technology solutions for equity and sustainability.

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Investment focus

  • Industry: Non Profit, Education, Health Care
  • Stage:Grant, Seed, Pre-Seed
  • Geography: United States, United Kingdom, Switzerland

Investor stats

  • Total investments: 210
  • Round size: Grant $100k–$750k
  • Lead/follow: 89% lead, 11% follow

Portfolio highlights

  • AI4ALL — AI4ALL opens doors to artificial intelligence for historically excluded talent through education and mentorship.
  • AImpower.org — AImpower.org is a non-profit organization that enhances the ability of automatic speech recognition models to recognize stuttering speech.
  • STEMarts Labs — STEMarts Labs creates interactive experiences that empower youth and communities via the intersection of art, science, and technology.
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54 Collective
VC Fund · Johannesburg, NA - South Africa, South Africa · 1 investments in Zambia SaaS startups

Building and scaling African tech startups with catalytic capital, value-add support and our global network.

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Investment focus

  • Industry: Health Care, Information Technology, FinTech
  • Stage:Seed, Pre-Seed
  • Geography: Kenya, Nigeria, South Africa

Investor stats

  • Total investments: 111
  • Round size: Seed $40k–$4M; Pre-Seed $40k–$1.3M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • LipaLater — LipaLater is a lending marketplace that provides postpaid payments at e-commerce stores. They are making technology affordable for you. Get the electronic of your choice today and pay for it in comfortable monthly installments.
  • REasy — Top up locally, pay suppliers globally, and manage international shipments with REasy. Fast, secure, and designed for African businesses expanding worldwide.
  • Konnect — Konnect provides a cross borders payment solution intended to simplify complex financial flows allowing companies of any scale and size to send and receive payments in a practical, secure, and low-cost way.
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bettervest GmbH
VC Fund · Frankfurt, Hessen, Germany · 1 investments in Zambia SaaS startups

bettervest is a crowdinvesting platform that enables people to jointly invest individual sums of money – from as little as 50€ onward – in renewable energy, energy and resource efficiency projects initiated by established enterprises, NGOs and local municipalities. In return, investors benefit financially from the resulting cost and energy savings.The bettervest platform has thus opened up the energy efficiency market to private investors. With these targeted investments ecologically and economically viable energy efficiency measures are able to be implemented, leading to cost, energy and CO2 reductions.

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Investment focus

  • Industry: Social Entrepreneurship, Solar, Energy
  • Stage:Debt Financing, Venture - Series Unknown
  • Geography: Kenya, Zambia, Belgium

Investor stats

  • Total investments: 4
  • Round size: Debt Financing $100k–$1.4M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • BURN — The future of clean cooking
  • Hydrobox — Hydrobox transforms communities and empowers people using the most affordable, reliable, and sustainable power.
  • Emerging Cooking Solutions — Emerging Cooking Solutions' mission is to improve health and stop deforestation caused by poor cooking conditions in developing countries
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Zenga Ventures
VC Fund · 1 investments in Zambia SaaS startups

Zenga Ventures is an investing firm for startups.

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Investment focus

  • Industry: Apps, Software, Business Information Systems
  • Stage:Seed
  • Geography: Zambia

Investor stats

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

Portfolio highlights

  • ZPOS — ZPOS is currently undergoing maintenance. Please check back soon.
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Twilio
VC Fund · San Francisco, California, United States · 1 investments in Zambia SaaS startups

Build amazing customer experiences on the Twilio platform with APIs for SMS, RCS, voice, and email, plus conversational AI for smarter engagement, and identity verification for trust.

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Investment focus

  • Industry: Software, Artificial Intelligence, Machine Learning
  • Stage:Series A, Seed, Series B
  • Geography: United States, Egypt, Brazil

Investor stats

  • Total investments: 36
  • Round size: Seed $195k–$1.7M; Series A $7.6M–$24M; Series B $7.6M–$40M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: Likely still investing — raised $50M in 2021

Portfolio highlights

  • Coval — Simulation and evaluation for AI agents (chat & voice agents)
  • Deepgram — Deepgram helps enterprises unlock the potential of their audio data with custom-trained speech recognition for accuracy and scale. Deepgram's deep learning speech recognition system searches for keywords in transcripts by sound and text within audio and video files, used for transcribing calls, meetings, and voicemails for searchable notes,providing businesses with a fast, high accuracy speech-to-text on an easy-to-use API.The company was founded in 2015 and is headquartered in San Francisco, California.
  • Rime — AI voice models built for real-time conversations. 600+ voices, 50+ languages, sub-100ms latency. Trusted by global enterprise.
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Johnson & Johnson Foundation
VC Fund · 1 investments in Zambia SaaS startups

The Johnson & Johnson Foundation is a registered charitable organization that reflects the commitment of the Johnson & Johnson Family of Companies to keeping people well at every age and every stage of life by blending heart, science, and ingenuity to profoundly change the trajectory of health for humanity.

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Investment focus

  • Industry: Health Care, Medical, Health Diagnostics
  • Stage:Grant, Seed, Pre-Seed
  • Geography: Brazil, United States, Colombia

Investor stats

  • Total investments: 18
  • Round size: Grant $25k–$50k
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • Sofya — Sofya AI is a healthcare AI platform that uses NLP and voice tech to boost patient engagement and streamline clinical workflows.
  • Kintsu — Kintsu operates as a healthtech platform that bridges the gap between patients, healthcare professionals, and institutions.
  • Salva Health — Salva Health is a healthcare solutions provider company that develops products to enable the prevention and early detection of diseases.
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Atom CTO
VC Fund · London, England, United Kingdom · 1 investments in Zambia SaaS startups

Providing strategic and operational tech advice to startups and small businesses across the globe

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Investment focus

  • Industry: Apps, Education, E-Learning
  • Stage:Seed
  • Geography: Zambia

Investor stats

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

Portfolio highlights

  • Koloso — Koloso is a digital assessment app that gives teachers the real-time, reliable, individual learning insights they need to get the best out of every child.
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SaaS VC funding in Zambia at a glance

Stats across 27 deals from 24 investors.

24
investors
in Zambia SaaS startups
27
deals
in Zambia SaaS startups
$83k
median round
in Zambia SaaS startups
50%
lead investors
lead at least one round
26%
Seed
most common funding stage

Access all 24 VC funds in Zambia SaaS startups.

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