Top 25 Social Impact Startup Investors in Africa (August 2026)
For AI agents: Short investor table (Markdown), Detailed investor list (Markdown)
| Investor | Relevant Deals | Geography | Stage | Focus | Round Size |
|---|---|---|---|---|---|
|
Women Entrepreneurship for Africa
VC Fund
|
4 | Nigeria, Uganda, Cameroon | Pre-Seed, Grant | Health Care, Agriculture, Food and Beverage | |
|
Allen and Ollys International Limited -
Angel
|
3 | Nigeria | Seed, Convertible Note | FinTech, Insurance, Blockchain | |
|
Hesham Zreik
Angel
|
3 | United States, Nigeria, India | Pre-Seed, Seed, Series A | Information Technology, Software, E-Commerce | $12k–$5M |
|
Manuela Raith
Angel
|
2 | Kenya | Seed | Communities, Point of Sale, Social Impact | |
|
Praxis
VC Fund
|
2 | United States, Nigeria, Kenya | Seed, Venture - Series Unknown, Grant | Non Profit, Social Assistance, Education | $250k–$15M |
|
Nordea
VC Fund
|
2 | Finland, Sweden, Norway | Debt Financing, Seed | FinTech, Financial Services, Banking | |
|
Cristina Santin
Angel
|
2 | Nigeria | Seed | FinTech, Insurance, Blockchain | |
|
bettervest GmbH
VC Fund
|
1 | Kenya, Zambia, Belgium | Debt Financing, Venture - Series Unknown | Social Entrepreneurship, Solar, Energy | $100k–$1.4M |
|
Impact Bridge
VC Fund
|
1 | Spain, Kenya, Philippines | Debt Financing, Venture - Series Unknown | Renewable Energy, Energy, Finance | $1.1M–$15M |
|
Cassava Technologies
VC Fund
|
1 | Rwanda | Seed | Women's, Education, Non Profit | |
|
Ceniarth
VC Fund
|
1 | Kenya, United Kingdom, Ghana | Debt Financing, Seed, Series B | Agriculture, Financial Services, Social Entrepreneurship | $1.5M–$45M |
|
Citi
VC Fund
|
1 | United States, United Kingdom, India | Debt Financing, Series B | Financial Services, FinTech, Software | $9.3M–$1.6B |
|
Leapfrog Ventures
VC Fund
|
1 | United States, India, Rwanda | Series A, Series B, Series C | Software, Analytics, Security | $2.1M–$75M |
|
Meta
VC Fund
|
1 | United States, India, Canada | Grant, Seed, Pre-Seed | Artificial Intelligence, Information Technology, Software | $5k–$7.2M |
|
Save the Children
VC Fund
|
1 | Kenya | Seed, Series A | Women's, Education, E-Learning | |
|
Injini
VC Fund
|
1 | South Africa, Nigeria, Kenya | Grant, Seed, Venture - Series Unknown | Education, EdTech, E-Learning | $55k–$500k |
|
Adanian Labs
VC Fund
|
1 | Kenya | Seed, Pre-Seed | Developer Platform, Financial Services, Gaming | $60k–$100k |
|
Blue Chip Capital
VC Fund
|
1 | ||||
|
Calvert Impact Capital
VC Fund
|
1 | United States, India, Kenya | Debt Financing, Series A | Financial Services, Finance, Energy | $2.9M–$175M |
|
FMO
VC Fund
|
1 | India, The Netherlands, Kenya | Debt Financing, Series B | Financial Services, Finance, FinTech | |
|
Mo Angels
VC Fund
|
1 | Nigeria | Seed | Travel, Software, Blockchain | $20k–$2M |
|
Vumela Fund
VC Fund
|
1 | South Africa, Brazil | Seed, Debt Financing | Education, Software, Primary Education | |
|
Standard Bank South Africa
VC Fund
|
1 | South Africa, United Kingdom, Ghana | Debt Financing, Post-IPO Debt, Seed | Financial Services, FinTech, Payments | $1M–$767M |
|
Ventures Platform
VC Fund
|
1 | Nigeria, United States, Kenya | Seed, Pre-Seed | Financial Services, FinTech, Internet | $100k–$4.4M |
|
Microtraction
VC Fund
|
1 | Nigeria, United States, Ghana | Pre-Seed, Seed, Angel | Financial Services, FinTech, Software | $30k–$1.3M |
| Access all 25 investors in Africa Social Impact startups. | |||||
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Allen and Ollys International Limited -
Show more...Investment focus
- Industry: FinTech, Insurance, Blockchain
- Stage:Seed, Convertible Note
- Geography: Nigeria
Investor stats
- Total investments: 3
- Lead/follow: no public data
Portfolio highlights
- Get It Done Now — GIDN is a Nigerian Fintech Company targeting medium and low income population for Loans and Financial products. GIDN has in addition a cashless, mobile based community marketplace, with more than 5k members, and aims to regulate the informal economy and facilitate the purchase of Services and Digital Products.
Hesham Zreik is the CEO of FasterCapital. He previously worked at DreamApps as a Project Manager. Hesham attended the University of Westminster.
Show more...Investment focus
- Industry: Information Technology, Software, E-Commerce
- Stage:Pre-Seed, Seed, Series A
- Geography: United States, Nigeria, India
Investor stats
- Total investments: 888
- Round size: Seed $50k–$2.1M; Pre-Seed $12k–$1M; Series A $170k–$5M
- Lead/follow: 53% lead, 47% follow
Portfolio highlights
- Book Your Own — Book Your Own is building an integrated travel ecosystem designed to unify India’s fragmented travel market.
- UrbanFarmers — UrbanFarmers is a platform that connects city dwellers with local urban farms and community gardens.
- Excel And Impact Agro — Excel And Impact Agro aims to tackle the chronic shortage of vegetable production in Côte d'Ivoire.
Manuela Raith
Show more...Investment focus
- Industry: Communities, Point of Sale, Social Impact
- Stage:Seed
- Geography: Kenya
Investor stats
- Total investments: 2
- Lead/follow: 0% lead, 100% follow
We are a creative engine for redemptive entrepreneurship, supporting founders, funders, and innovators motivated by their faith to love their neighbors and renew culture.
Show more...Investment focus
- Industry: Non Profit, Social Assistance, Education
- Stage:Seed, Venture - Series Unknown, Grant
- Geography: United States, Nigeria, Kenya
Investor stats
- Total investments: 178
- Round size: Seed $250k–$10M; Venture - Series Unknown $4.5M–$15M
- Lead/follow: 17% lead, 83% follow
Portfolio highlights
- Tallee — Tallee is an AI brand visibility and analytics platform that tracks how brands appear in AI search engines and large language model responses. It helps companies measure share of voice, monitor sentiment, compare competitors, and optimize their presence across AI-driven discovery platforms.
- Orb Aerospace — Building Better Airplanes Faster
- Kokari Coconuts & Company — Ko-ka-ri means "let the good go around". We believe this is the magic of coconuts. At Kokari, we transform every part of the coconut into wholesome products made with simple, clean ingredients. Africa has always understood less is more.
Nordea Bank is Denmark's second-largest bank and counts every fourth Dane among its customers. Through their nationwide network of some 340 branch offices and a broad range of self-service facilities, they are able to offer you a full scale of financial products and services, including Netbank, Online Investment, telephone banking and cashdispensers.
Show more...Investment focus
- Industry: FinTech, Financial Services, Banking
- Stage:Debt Financing, Seed
- Geography: Finland, Sweden, Norway
Investor stats
- Total investments: 23
- Lead/follow: no public data
Portfolio highlights
- Tibber — Tibber is a digital electricity supplier that offers smart solutions to minimize their customers’ consumption and costs. Its vision is to make sustainable energy consumption simple and affordable for all households. Tibber's mission is to reduce the residential electricity consumption for European households by 20 %. Founded in Norway andSweden in 2016, the company has expanded its offer to Sweden and Germany where it powers hundreds of thousands of homes. Tibber replaces traditional utilities with smart technology, supplying its customers with renewable energy at fair and transparent prices. In addition, its app provides real-time analytics into energy usage, and pairs with a variety of smart home devices to reduce electricity consumption at home. The company sells tech-gadgets in their online store and recently was licensed to balance the main power grid in Sweden with EVs.
- Statzon — Make data-driven plans & faster decisions with a simple access to +1M datasets & market reports about 8,000 topics from +200 trusted data providers.
- Get It Done Now — GIDN is a Nigerian Fintech Company targeting medium and low income population for Loans and Financial products. GIDN has in addition a cashless, mobile based community marketplace, with more than 5k members, and aims to regulate the informal economy and facilitate the purchase of Services and Digital Products.
Cristina Santin
Show more...Investment focus
- Industry: FinTech, Insurance, Blockchain
- Stage:Seed
- Geography: Nigeria
Investor stats
- Total investments: 2
- Lead/follow: no public data
Portfolio highlights
- Get It Done Now — GIDN is a Nigerian Fintech Company targeting medium and low income population for Loans and Financial products. GIDN has in addition a cashless, mobile based community marketplace, with more than 5k members, and aims to regulate the informal economy and facilitate the purchase of Services and Digital Products.
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.
Show more...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
Investment focus
- Industry: Renewable Energy, Energy, Finance
- Stage:Debt Financing, Venture - Series Unknown
- Geography: Spain, Kenya, Philippines
Investor stats
- Total investments: 8
- Round size: Debt Financing $1.1M–$15M
- Lead/follow: 100% lead, 0% follow
Portfolio highlights
- Ikos Advanced — Ikos Advanced is a digital agricultural logbook designed for Spanish farmers to meet REA regulations on crop traceability. Ikosnotes enables detailed logging of farm activities like planning, task tracking, input applications, and harvests in a centralized digital platform. It automates data entry from connected sensors, irrigation systems, andweather data for real-time updates and official report generation. Users access it via web or mobile apps (iOS/Android) for multi-device management and team collaboration.
- Visalia Energía — Visalia Energía is a Spanish multi-utility energy company focused on electricity, gas, gasóleo, propano, and renewable energy projects.
- Wenea Mobile Energy — Wenea Mobile Energy is a mobile energy operator.
Cassava Technologies is an innovative technology company encompassing fiber networks, data centers, renewable energy, cloud & cybersecurity.
Show more...Investment focus
- Industry: Women's, Education, Non Profit
- Stage:Seed
- Geography: Rwanda
Investor stats
- Total investments: 1
- Lead/follow: 100% lead, 0% follow
Portfolio highlights
- AI Skills and Compute Africa Foundation — AI Skills and Compute Africa Foundation is a nonprofit organization that focuses on advancing artificial intelligence capabilities across Africa. It provides GPU-based compute access to startups and researchers through structured grant programs that use AI tokens instead of cash funding. The foundation runs capacity-building programs aimed atdeveloping technical skills and expanding participation in AI, with dedicated allocations for women. It supports institutional researchers with sovereign compute, curated datasets, and assistance in transitioning AI projects toward real-world deployment. The organization also develops physical community spaces known as AISCA Houses and Studios that host collaboration, mentorship, and networking for local technical talent. Its work spans sovereign compute, curated data, capacity building, and community-building pillars to shift Africans from AI consumers to AI creators.
Access 48,091 investors
822 industries, 177 countries. Updated daily. Emails and phones included.
Browse database — It's Free!Ceniarth is an impact-first, single-family office that focuses on investments benefitting underserved communities globally.
Show more...Investment focus
- Industry: Agriculture, Financial Services, Social Entrepreneurship
- Stage:Debt Financing, Seed, Series B
- Geography: Kenya, United Kingdom, Ghana
Investor stats
- Total investments: 17
- Round size: Seed $1.7M–$1.7M; Series B $9M–$40M; Debt Financing $1.5M–$45M
- Lead/follow: 47% lead, 53% follow
Portfolio highlights
- Salad Money — Salad provide small, affordable loans to meet your urgent needs. The first responsible lender, we offer fair lending to public & private sector employees
- Robust International — Robust International the company initially dealt in plantation logs. It has gradually and steadily expanded into the Agribusiness industry while concurrently reducing and eliminating its profile in the timber logs segment.
- INNOVA Health Supplies — The mission of INNOVA Health Supplies is to guarantee that everyone has access to safe and efficient solutions for their needs related to sexual and reproductive health.
Citi, the leading global bank, serves more than 200 million customer accounts and does business in more than 160 countries and jurisdictions. Learn more today.
Show more...Investment focus
- Industry: Financial Services, FinTech, Software
- Stage:Debt Financing, Series B
- Geography: United States, United Kingdom, India
Investor stats
- Total investments: 341
- Round size: Series B $9.3M–$70M; Debt Financing $41M–$1.6B
- Lead/follow: 36% lead, 64% follow
- Last fund: May invest from a new fund soon — last raise in 2020
Portfolio highlights
- Octaura — Octaura is an electronic trading solution created by the industry – for the industry. Backed by eight major US financial institutions, Octaura has reimagined the way the syndicated loan and the CLO markets trade. Efficiency, transparency and simplicity are at the heart of what we do.
- Proxymity — Announcing our Newest Partnership
- Daksh eServices — Daksh eServices is an Indian outsourcing company which offers a range of web enabled customer care services including email response, real-time chat, knowledge management, eCRM architecture and other value added services to global eBusiness.The Daksh vision statement reads "To help eBusiness build exceptional customer relationships byleveraging India's high quality, cost effective intellectual capital ". To realize this vision, Daksh has built a world-class management team drawn from senior professionals at Compaq, Motorola, Andersen Consulting, Pepsi & Hewitt Associates. The team has a collective experience of over 100 man-years in running world-class service operations in an Indian environment and in transitioning business processes from the US to India.
They believe that the most successful company in any industry gains a disproportionately higher return for its shareholders. their mission is to help their portfolio companies Leapfrog their competitors and achieve industry-leading levels of competitive and market performance as quickly as possible.They are all experienced operating executivesof technology companies as well as successful venture investors. They can recognize the patterns that signal opportunities or risks in a small, high growth company. They have the resources and relationships to help entrepreneurs create the key alliances that will allow them to achieve victory early and convincingly. Every entrepreneur wants an investor who can help build the business. What does this mean? Certainly it is about advice and experience. These are the intangibles. Then there are the tangibles - the introductions to key customers and strategic partners, the access to distribution channels, the assistance in attracting and recruiting key executives - these are the immediate advantages that help Leapfrog the competition. They have built an extensive network of relationships which can be called upon to accelerate the success of their portfolio companies. When you work with them, you work with all of them, not just a single partner. All the partners work closely with all their companies to ensure that all of their collective resources are being matched to the immediate needs of their portfolio companies.
Show more...Investment focus
- Industry: Software, Analytics, Security
- Stage:Series A, Series B, Series C
- Geography: United States, India, Rwanda
Investor stats
- Total investments: 24
- Round size: Series A $2.1M–$15M; Series B $7M–$20M; Series C $8M–$75M
- Lead/follow: 17% lead, 83% follow
Portfolio highlights
- exuus ltd — Exuus is a finTech company that inspire resilience and enable communities to achieve their optimal satisfaction.
- Zebit — Zebit grants a max of $2,500 in credit to consumers without hidden fees. Due to cash constraints or lack of credit access, consumers typically turn to high-cost off-line financing methods (payday loans, rent-to-own, in-store financing) with payments that can total over 3 times the purchase value. Zebit grants credit to shop thousands of productsto buy now and pay over time. By combining consumer income data with sophisticated risk analytics, and allowing members to shop name brand products in a closed marketplace, Zebit provides the benefits of internet commerce (product selection, lower prices, and mobile-shopping convenience) that disrupts a $25 billion high-cost, off-line installment financing industry.
- HealthifyMe — HealthifyMe is an application that allows its users to achieve their fitness and weight loss goals from their computers and smartphones.The application enables its users to track their calories, nutrition, and fitness activities; track their weight and determine if they are healthy; set healthy goals and work toward meeting them; share theirdata with experts; and get expert advice and suggestions on their lifestyles.HealthifyMe was developed and launched by a team of doctors, nutritionists, and fitness trainers in 2012. It is based in Bangalore, India.
Meta is a social-technology company that offers a wide ecosystem of applications and hardware. Its Family of Apps includes platforms like Facebook, Instagram, Messenger, WhatsApp and Threads which allow people to communicate, share content, and form communities. On the hardware side, Meta’s Reality Labs develops virtual and augmented realitydevices, including Meta Quest headsets and smart glasses. Meta also builds artificial intelligence tools notably Meta AI, powered by its Llama large language models, and envisions long-term digital spaces in the form of a metaverse.
Show more...Investment focus
- Industry: Artificial Intelligence, Information Technology, Software
- Stage:Grant, Seed, Pre-Seed
- Geography: United States, India, Canada
Investor stats
- Total investments: 64
- Round size: Seed $900k–$5.7M; Grant $5k–$2.3M; Pre-Seed $35k–$7.2M
- Lead/follow: 47% lead, 53% follow
Portfolio highlights
- Scale — Trusted by world class companies, Scale delivers high quality training data for AI applications such as self-driving cars, mapping, AR/VR, robotics, and more.
- gett.me — AI outplacement software
- Tyndall National Institute — Established with a mission to support industry and academia in driving research to market, Tyndall National Institute is one of Europe’s leading research centres in Information and Communications Technology (ICT) research and development and the largest research facility of its type in Ireland. Established in 2004 as a successor to the NationalMicroelectronics Research Centre (NMRC founded in 1982) at University College Cork, the Institute hosts over 460 researchers, engineers and support staff, including a full-time postgraduate cohort of 135 students, generating over 200 peer-reviewed publications each year.With a network of over 200 industry partners and customers worldwide, Tyndall generates around 30M income each year, 85% from competitively won contracts nationally and internationally. Tyndall is also a lead partner in European research programmes in its core areas of ICT, communications, energy, health and the environment worth 44M, including 6M accruing to industry in Ireland (from Framework 7). Hosting the only full CMOS, Micro-Electronic-Mechanical Systems (MEMS) and III-V Wafer Semiconductor fabrication facilities and services in Ireland, Tyndall is capable of prototyping new product opportunities for its target industries - electronics, medical devices, energy and communications. Tyndall is a globally leading Institute in its four core research areas of Photonics, Microsystems, Micro/Nanoelectronics and Theory Modelling & Design. Tyndall is the lead institution for the Science Foundation Ireland funded Irish Photonics Integration Centre (IPIC).
Save the Children invests in childhood – every day, in times of crisis and for their future. In the United States and around the world, they give children a healthy start, the opportunity to learn and protection from harm. By transforming children's lives now, they change the course of their future and ours.
Show more...Investment focus
- Industry: Women's, Education, E-Learning
- Stage:Seed, Series A
- Geography: Kenya
Investor stats
- Total investments: 2
- Lead/follow: 50% lead, 50% follow
Portfolio highlights
- Zeraki — Zeraki is to use technology to address some of the obstacles learners encounter in accessing quality education. We use technology to enhance the quality of education students get at each level of education and use technology to help students transition from one level of education to the next, and ultimately from education into employment.
- TotoRegister — Revolutionising attendance data to protect children. #Innovate4Change
Injini's EdTech Accelerator and Think Tank aims to support founders of African startups with a mission to improve educational outcomes across the region.
Show more...Investment focus
- Industry: Education, EdTech, E-Learning
- Stage:Grant, Seed, Venture - Series Unknown
- Geography: South Africa, Nigeria, Kenya
Investor stats
- Total investments: 37
- Round size: Seed $100k–$500k; Grant $55k–$132k
- Lead/follow: 5% lead, 95% follow
Portfolio highlights
- Buddy Learning — Explore educational resources for families with Buddy Learning in the United States. Join us today!
- The Marking App — The Marking App provides a data-free application that automatically marks handwritten school assessments while also automating school administration.
- Ubuntu Education — Ubuntu Education is an EdTech company focusing on leveling education by championing and empowering teachers.
Adanian Labs Africa, is a venture building studio with a mission to build tech powered impact driven startups across Africa. We are a smart tech hub powered by smart technologies like blockchain and AI to ensure that the solutions built are scalable and sustainable. www.adanianlabs.io
Show more...Investment focus
- Industry: Developer Platform, Financial Services, Gaming
- Stage:Seed, Pre-Seed
- Geography: Kenya
Investor stats
- Total investments: 21
- Round size: Pre-Seed $60k–$100k
- Lead/follow: 24% lead, 76% follow
Portfolio highlights
- SeraPay — We are revolutionizing social commerce in Africa with SeraPay, ensuring the seamless buying and selling of goods on social media platforms. Our innovative service empowers businesses to access markets beyond their geographical borders, making social retail easier and more efficient.
- Savabyte — A pan-African women-led platform that connects career advancement opportunities to quality tech talent & women in technology. #ConnectingTechTalent
- Jungopharm — Jungopharm is a developer of a pharma and healthcare platform that aims to make health care understandable, accessible & affordable for all.
Blue Chip Capital offers funding and financial services solutions for multiple purposes.
Show more...Investor stats
- Total investments: 1
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Alaprann.mu — Mauritian edtech startup giving students, schools and NGO's access to quality and interactive courses, values and skills to succeed
Investing in a more sustainable & equitable world
Show more...Investment focus
- Industry: Financial Services, Finance, Energy
- Stage:Debt Financing, Series A
- Geography: United States, India, Kenya
Investor stats
- Total investments: 13
- Round size: Debt Financing $2.9M–$175M
- Lead/follow: 54% lead, 46% follow
Portfolio highlights
- Northern Arc — Northern Arc Capital is a non-banking finance company that provides access to debt for under-served investors and businesses. Northern Arc Capita connects originators so that they may deepen their presence and provide access to financial services to millions of under-served households. Northern Arc Capital formerly Known as IFMR Capital.
- Accial Capital — Accial Capital is an impact-focused, tech-enabled investor in small business and consumer loan portfolios in Latin America and South East Asia. Accial Capital combines data, technology, capital and credit expertise to contribute to a world of widespread credit access and financial health.
- Sunwealth Power — Sunwealth is a clean energy investment firm who curates high-performance commercial solar projects that deliver clean energy and boast exceptional return potential for our investors.
FMO is a financial investment firm that specializes in financing businesses and projects FMO invests across the agribusiness value chain to enhance food security, support sustainability and promoting inclusive development.
Show more...Investment focus
- Industry: Financial Services, Finance, FinTech
- Stage:Debt Financing, Series B
- Geography: India, The Netherlands, Kenya
Investor stats
- Total investments: 105
- Lead/follow: no public data
Portfolio highlights
- Laprophan — Laprophan gives people access to cutting-edge treatments and therapies. As a result, we are committed to researching, developing, and bringing new, innovative goods to market. dedication to patient-centered care pervades everything we do, from product creation to service delivery.
- AMEA Power — Founded in 2016, AMEA Power has assembled a leading team of global industry experts to deliver clean energy projects across Africa, the Middle East and other emerging markets.
- Northern Arc — Northern Arc Capital is a non-banking finance company that provides access to debt for under-served investors and businesses. Northern Arc Capita connects originators so that they may deepen their presence and provide access to financial services to millions of under-served households. Northern Arc Capital formerly Known as IFMR Capital. It wasfounded in 2008 and is headquartered in Chennai, India.
Access 48,091 investors
822 industries, 177 countries. Updated daily. Emails and phones included.
Browse database — It's Free!First Syndicated Angel Investment Group in Mauritius
Show more...Investment focus
- Industry: Travel, Software, Blockchain
- Stage:Seed
- Geography: Nigeria
Investor stats
- Total investments: 10
- Round size: Seed $20k–$2M
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Umazi — We speed up corporate identity verification.
- Kubik — Kubik makes low-carbon buildings from plastic waste. Bringing environmental dignity to how countries grow.
- Mamy Eyewear — We offer high quality, stylish and affodable eyeglasses and sunglasses. Visit our branches in Nairobi and get your free eye-test.
Vumela was established in 2009 by FNB Business Banking and Edge Growth. The objective was to create an innovative model for the development of a sustainable and a financially and operationally independent investment business which invests in high growth small, medium and micro size enterprises with good economic and impact returns.Vumela wascapitalised in 2010. Within the first four years, we’d invested R90 million into eight high growth SMEs, and created a total of 400 jobs. They launched their second fund in 2015, after a further investment of R100 million from FirstRand and R127 million from the Jobs Fund. Within the first year of launching this second fund, we’ve committed R43 million to five investments that are expected to create over 1800 new jobs.The first fund of its kind in South Africa, Vumela’s main goals are to invest in and develop entrepreneurial companies in order to help alleviate poverty in South Africa by creating jobs, and to generate a return for its beneficiaries: the Shalamuka Foundation and the FirstRand Group.
Show more...Investment focus
- Industry: Education, Software, Primary Education
- Stage:Seed, Debt Financing
- Geography: South Africa, Brazil
Investor stats
- Total investments: 14
- Lead/follow: no public data
Portfolio highlights
- Inoxico — Inoxico is a provider of business-to-business credit risk solutions. We combine quality data and cutting edge technology to deliver predictive analytics.
- Kombo King — Kombo King Ventless Fryer Tech removes the need for plumes of steam & the constant eye of an inconsistent employee to Revolutionize & solve the frying industry!
- Kusini Water — Kusini Water builds water treatment systems from nanotechnology and macadamia nut shells.
Open a bank account, get a personal or business loan, make offshore investments and sign up for Internet Banking.
Show more...Investment focus
- Industry: Financial Services, FinTech, Payments
- Stage:Debt Financing, Post-IPO Debt, Seed
- Geography: South Africa, United Kingdom, Ghana
Investor stats
- Total investments: 49
- Round size: Seed $1M–$2M; Post-IPO Debt $46M–$301M; Debt Financing $13M–$767M
- Lead/follow: 57% lead, 43% follow
Portfolio highlights
- Bridgement — Bridgement offers fast, flexible funding of up to R10,000,000 to help improve cash flow and grow your business. Visit our website to apply now or learn more.
- Helios Towers — We are a market-leading independent telecom tower infrastructure company, operating in #TZ, #DRC, #CB, #GH, #SA #SN
- Wilderness Holdings — Wilderness Holdings is a group of responsible ecotourism companies, such as Wilderness Safaris and Governors’ Camp Collection, that together use responsible tourism to build sustainable conservation economies in Africa. Wilderness Safaris and the Governors’ Camp Collection operate camps and safaris in some of Africa’s best wildlife and wildernessareas across seven different countries: Botswana, Kenya, Namibia, Rwanda, South Africa, Zambia and Zimbabwe. Recognising that conservation is as much about people as about the environment, the company has pursued important goals by supporting its non-profit partners, Children in the Wilderness and the Wilderness Wildlife Trust, which have helped change the face of nature-based tourism in southern Africa.
We back founders building the future of Africa. We invest in companies that solve for non-consumption, plug infrastructural gaps and democratise prosperity in Africa, by eliminating the barriers for access and reducing the costs of delivering goods and services.
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- Industry: Financial Services, FinTech, Internet
- Stage:Seed, Pre-Seed
- Geography: Nigeria, United States, Kenya
Investor stats
- Total investments: 160
- Round size: Seed $120k–$4.4M; Pre-Seed $100k–$2M
- Lead/follow: 28% lead, 72% follow
Portfolio highlights
- Traction Apps — Traction apps provide businesses end to end tools they need to run and grow their businesses.
- MarketForce — MarketForce is a US, Kenya and Nigeria-based technology company that is building the SuperApp for Africa's 100 million merchants. MarketForce provides an all-inclusive B2B Commerce and Fintech platform (dubbed “RejaReja” – Swahili for ‘retail’) that empowers merchants in Africa to source, order and pay for inventory digitally and conveniently,access financing, collect digital payments and make extra money by reselling digital financial services such as airtime, electricity tokens and bill payments. Launched in 2018, MarketForce is a fast-growing YC backed company running an asset-light business model and is currently operational in 5 markets in Sub-Saharan Africa, with over 200,000 merchants and 50 consumer brands trading on the platform.
- ThankUCash — ThankUCash is a technology company powering rewards and loyalty for African banks and businesses. ThankUCash helps merchants grow revenue by connecting them to customers within and outside of their locations while retaining acquired customers using a data analytics-powered reward system where customers earn cash rewards for every transaction madeboth offline and online.
We invest in Africa's most remarkable teams with technical founders at the earliest stage of their venture
Show more...Investment focus
- Industry: Financial Services, FinTech, Software
- Stage:Pre-Seed, Seed, Angel
- Geography: Nigeria, United States, Ghana
Investor stats
- Total investments: 106
- Round size: Seed $30k–$1.3M; Angel $30k–$50k; Pre-Seed $50k–$1.1M
- Lead/follow: 23% lead, 77% follow
Portfolio highlights
- Accounteer — Accounteer is a cloud accounting platform for small businesses. Business owner can create invoices, track expenses and follow up on their finances with ease. Accounteer integrates with external services like banks, e-invoicing platforms and e-commerce. Future proof your business today by subscribing for a free Accounteer trial account.
- Spring in Africa — Wallets Africa helps Africans and African-owned businesses send money, receive money, make card payments, and access overdrafts.
- ThankUCash — ThankUCash is a technology company powering rewards and loyalty for African banks and businesses. ThankUCash helps merchants grow revenue by connecting them to customers within and outside of their locations while retaining acquired customers using a data analytics-powered reward system where customers earn cash rewards for every transaction madeboth offline and online.
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Women Entrepreneurship for Africa
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Portfolio highlights
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ORIKI
— A wellness + farm to skin brand that creates pampering experiences and luxurious natural personal grooming products. Sharing Africa!
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Mukuru Clean Stoves
— Earthshot Prize Winner 2022. We use recycled metal to manufacture improved, efficient and affordable cookstoves.
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Loom Craft Chocolate
— Loom Craft Chocolate is a artisanal cocoa processor with a strong focus on the quality of our products and the sustainability of our processes.
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