Top 10 Sustainability VC Funds & Investors in Mauritius (July 2026)
For AI agents: Short investor table (Markdown), Detailed investor list (Markdown)
| Investor | Relevant Deals | Geography | Stage | Focus | Round Size |
|---|---|---|---|---|---|
|
KFW DEG
VC Fund
|
2 | India, Kenya, Brazil | Debt Financing, Grant, Private Equity | Financial Services, Energy, FinTech | $100k–$570M |
|
SunFunder
VC Fund
|
2 | Kenya, Mauritius, United States | Debt Financing, Series C | Solar, Energy, Renewable Energy | $1.5M–$60M |
|
Fortis Green Renewables Investment Management
VC Fund
|
1 | Mauritius | Venture - Series Unknown | Energy, Finance, Clean Energy | |
|
FSD Africa
VC Fund
|
1 | Kenya, Ethiopia, South Africa | Grant, Seed, Series B | Financial Services, Energy, FinTech | $10k–$14M |
|
European Investment Bank
VC Fund
|
1 | France, Germany, The Netherlands | Debt Financing, Post-IPO Debt | Biotechnology, Health Care, Energy | $16M–$658M |
|
Norfund
VC Fund
|
1 | South Africa, Kenya, Nigeria | Private Equity, Debt Financing | Energy, Financial Services, Renewable Energy | $2.2M–$156M |
|
Inspired Evolution Investment Management
VC Fund
|
1 | Kenya, South Africa, Nigeria | Private Equity, Series A | Renewable Energy, Energy, Solar | $20M–$60M |
|
Sagemcom
VC Fund
|
1 | Mali, Mauritius | Series A, Venture - Series Unknown | Energy, Solar, Renewable Energy | |
|
International Finance Corporation
VC Fund
|
1 | India, Brazil, United States | Debt Financing, Post-IPO Debt | Financial Services, Finance, Banking | $20M–$500M |
|
Persistent
VC Fund
|
1 | Ghana, Germany, Switzerland | Seed, Series A | Energy, Solar, Renewable Energy | $500k–$10M |
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KFW DEG offers financing, advice and support to private sector enterprises operating in developing and emerging-market countries. Their customers can rely on their expertise: They can benefit from their market knowledge, their 21 locations worldwide, and their international network. For entrepreneurial success and development.
Show more...Investment focus
- Industry: Financial Services, Energy, FinTech
- Stage:Debt Financing, Grant, Private Equity
- Geography: India, Kenya, Brazil
Investor stats
- Total investments: 117
- Round size: Grant $100k–$1.1M; Debt Financing $10M–$570M; Private Equity $11M–$274M
- Lead/follow: 39% lead, 61% follow
Portfolio highlights
- DataVolt — DataVolt is a leading innovator in state-of-the-art and sustainable data center solutions, empowering businesses across the globe to connect, collaborate, and grow in today's data-driven world. Our solutions, driven by security, sustainability, scalability, and reliability, facilitate digital transformation for our clients, amplifyingoperational efficiency and enabling them to contribute meaningfully to a sustainable digital future. With strategically positioned operations in Riyadh, Dubai, and California, we offer businesses the robust digital infrastructure necessary to succeed in the rapidly evolving digital landscape. We strive to redefine the future of data centers through groundbreaking innovation,
- Combio Energia — ComBio Energia Provide energy generation solutions with renewable sources, creating, growing, and long-term economic value. They develop projects for steam generation and cogeneration of electricity with biomass, which promote environmental improvements and significant cost reductions for customers in the industrial segment. They offer, based on adetailed analysis of the needs of each customer, a dedicated energy solution, adapted to their consumption profile.
- IPT PowerTech — IPT PowerTech coverage, coupled with our extensive expertise in supply chain management, field implementation, and power systems, has made us one of the most capable companies in handling the most complicated and versatile projects in the MEA region and its neighboring countries.
SunFunder is a specialist financing company dedicated to pioneering and scaling clean energy and climate investments in emerging markets.
Show more...Investment focus
- Industry: Solar, Energy, Renewable Energy
- Stage:Debt Financing, Series C
- Geography: Kenya, Mauritius, United States
Investor stats
- Total investments: 21
- Round size: Series C $20M–$60M; Debt Financing $1.5M–$50M
- Lead/follow: 43% lead, 57% follow
- Last fund: May invest from a new fund soon — raised $60M in 2020
Portfolio highlights
- M-KOPA — M-KOPA is the global leader for “pay-as-you-go” energy services for off-grid customers. M-KOPA was established in 2011. Following 2 years of piloting and development, M-KOPA began commercial sales in Kenya in October 2012. M-KOPA expanded to Uganda in 2013 and commences operations in Tanzania in late 2014. Their team includes over 500 staff andwe sell our product through more than 1000 retail agents and shops. The founders of the company are experienced mobile technology innovators who believe in the huge potential of transformative, affordable products designed for underserved consumers. While excellent technology is a pre-requisite, technology alone does not solve for customer needs. Success comes when smart technology is combined with a commitment to on-going, on-the-ground delivery. To that end, M-KOPA is beginning to license its technology to experienced and reputable third parties in markets outside of East Africa (licensing queries should be sent to licensing@m-kopa.com). M-KOPA has developed a proprietary, patented technology platform that combines embedded GSM + mobile payments to revolutionize asset financing in emerging markets. The M-KOPAnet platform has been designed and built from the ground up by our talented team of software engineers, who continue to innovate and improve the system every day. It offers the powerful combination of accounting + customer relationship management + inventory tracking in one complete system. Aside from enabling our business operations to scale at record speed, the M-KOPAnet™ platform captures and processes huge volumes of data, enabling us to improve our proposition, customer service, and security in real-time.
- BioLite — BioLite designs off-grid personal scale energy products for cooking, charging, and lighting. Perfect for camping, fishing, tailgating, power outages, and more.
- Energy Vision — Energy Vision is a telecom-focused energy service company. They provide environmentally friendly options to cellular operators and telecom tower firms for powering telecom equipment where the electric grid is either nonexistent or only partial and unreliable. This includes all related services such as engineering, implementation, NOC, operation andmaintenance, upgrades, and expansions.
Fortis Green Renewables Investment Management provides flexible capital to renewable energy assets in Sub-Saharan Africa. The management team has extensive African investment experience: $14 billion across 20 African countries. The company was founded in 2020 and is based in Kigali, Africa.
Show more...Investment focus
- Industry: Energy, Finance, Clean Energy
- Stage:Venture - Series Unknown
- Geography: Mauritius
Investor stats
- Total investments: 1
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Spark Energy Services — Spark Energy Services works with experienced developers across Africa, providing their partners with up to 100% upfront financing for the installation of on-site renewable energy and energy efficiency equipment for C&I businesses. Spark provides access to a diversified portfolio of clean energy projects across Africa, offering investors aclimate-positive investment with a strong, transparent, and robustly measured ESG profile. Through their development partners, Spark offers C&I companies a zero up-front cost solution to their energy needs, whilst significantly reducing their monthly power bills.
Created in 2012, FSD Africa is a £30 million financial sector development programme or ‘FSD’ based in Nairobi. It is funded by UK aid from the UK Government. FSD Africa aims to reduce poverty across sub-Saharan Africa by building financial markets that are efficient, robust and inclusive.FSD Africa is a market facilitator or catalyst. It appliesa combination of resources, expertise and research to address financial market failures and deliver a lasting impact. FSD Africa has a mandate to work across sub-Saharan Africa on issues that relate to both ‘financial inclusion’ and ‘finance for growth.’FSD Africa is also a regional platform. It fosters collaboration, best practice transfer, economies of scale and coherence between development agencies, donors, financial institutions, practitioners and government entities with a role in financial market development in sub-Saharan Africa. In particular, FSD Africa provides strategic and operational support to the FSD Network.
Show more...Investment focus
- Industry: Financial Services, Energy, FinTech
- Stage:Grant, Seed, Series B
- Geography: Kenya, Ethiopia, South Africa
Investor stats
- Total investments: 22
- Round size: Seed $3.9M–$6M; Grant $10k–$134k; Series B $14M–$14M
- Lead/follow: 77% lead, 23% follow
Portfolio highlights
- Miarakap — Miarakap is the first impact investment company dedicated to financing and supporting Small and Medium Enterprises with high potential in Madagascar.
- Dhamana Guarantee — An East African focused credit guarantee company whose principal business is to guarantee local currency debt obligations in Kenya, Tanzania, Uganda and Rwanda.
- Africa Renewables Katalyst — Africa Renewables Katalyst is an environmental firm that supports renewable energy projects.
The European Investment Bank (EIB) offers lending, borrowing, and treasury services primarily within the European Union. It provides project loans for public and private sectors, loans to banks and intermediaries, structured finance products, guarantees, and securitization instruments for debts. Additionally, EIB offers equity and fund investmentproducts, including infrastructure and environmental funds, as well as venture capital funds. EIB also supports microfinance and risk-sharing finance for research and innovation, and provides technical expertise for sustainable energy projects. Its services include infrastructure advisory, urban development support, guarantees for transport infrastructure, and funding for public-private partnerships and small- to medium-sized enterprises. The bank serves various sectors, including transportation, energy, health, education, and agriculture.
Show more...Investment focus
- Industry: Biotechnology, Health Care, Energy
- Stage:Debt Financing, Post-IPO Debt
- Geography: France, Germany, The Netherlands
Investor stats
- Total investments: 489
- Round size: Post-IPO Debt $16M–$658M; Debt Financing $16M–$370M
- Lead/follow: 82% lead, 18% follow
Portfolio highlights
- Affibody — Affibody is a Swedish biotech company focused on developing next generation products for therapy, diagnostic imaging, and other applications based on its unique proprietary technology platforms: Affibody® molecules and Albumod™.Affibody® molecules, which are small, robust and easily produced, can be designed to bind specifically to a largenumber of target proteins. They have a broad range of applications including protein purification, enzyme inhibition, research reagents for protein capture and detection, diagnostics, including molecular imaging, and targeted therapeutics.
- RE:OCEAN — OUR MISSION IS TO FARM SALMON FOR THE BENEFIT OF HEALTH AND THE PLANET. WE'LL DO THIS BY BUILDING A LARGE SCALE FISH FARM IN THE middle OF SWEDEN. - WE'RE MAKING THE IMPOSSIBLE POSSIBLE - AN OCEAN ON LAND. RE:OCEAN IN BRIEF One in five salmons in Sweden 2026 will come from RE:OCEAN Fresh
- Santander Brasil — Banco Santander in Brazil, its largest division in Latin America and one of the world's most important, accounting for 50%.
Norwegian investment fund for developing countries
Show more...Investment focus
- Industry: Energy, Financial Services, Renewable Energy
- Stage:Private Equity, Debt Financing
- Geography: South Africa, Kenya, Nigeria
Investor stats
- Total investments: 103
- Round size: Debt Financing $2.2M–$156M; Private Equity $7.4M–$125M
- Lead/follow: 62% lead, 38% follow
- Last fund: May invest from a new fund soon — last raise in 2009
Portfolio highlights
- WeLight — WeLight deploys sustainable and accessible solutions to accelerate energy inclusion in rural areas of Africa.
- CrossBoundary — CrossBoundary Energy's renewable energy solutions help decarbonize enterprise by providing cleaner, cheaper and more reliable power.
- mopo — Mobile Power's innovative pay-per-use battery sharing network unlocks clean energy for households, businesses and electric transport in Sub-Saharan Africa.
Inspired Evolution established in 2007 as a specialised investment business to lead sustainable clean energy and resource efficiency investments across sub-Saharan Africa. Inspired Evolution offers a dedicated, multi-disciplinary, professional investment team with a deep track record targeting superior returns with measured development outcomes.Inspired Evolution’s investment focus is centered on clean energy and resource efficiency assets. We have demonstrated that capital deployment to investments in this specialised asset class, can generate exceptional returns at the nexus of social equity, ecological integrity and responsible economic growth. This lies at the heart of sustainable investing.Inspired Evolution’s view is that sustainability is not only everybody’s business as citizens of a rapidly globalising world, but that it will define the future of business and investment decisions.Inspired Evolution manages Evolution One Fund – its first dedicated, closed-ended third party investment fund. Evolution One Fund makes early stage, expansion and development stage, and later stage or mature equity and equity-related investments primarily for control or significant minority positions in market-leading growth businesses located principally in South and southern Africa.
Show more...Investment focus
- Industry: Renewable Energy, Energy, Solar
- Stage:Private Equity, Series A
- Geography: Kenya, South Africa, Nigeria
Investor stats
- Total investments: 11
- Round size: Series A $20M–$35M; Private Equity $20M–$60M
- Lead/follow: 82% lead, 18% follow
- Last fund: May invest from a new fund soon — raised $178M in 2019
Portfolio highlights
- Escotel — Escotel is an energy services company currently focused on Sub-Saharan Africa countries. Escotel provides energy services to mobile tower owners and operators, owning and operating decentralized renewable energy infrastructure across Africa
- d.light — Founded in 2007 as a for-profit social enterprise, d.light manufactures and distributes award-winning solar lighting and power products designed to serve the more than 2 billion people globally without access to reliable electricity. Through five distribution hubs in East Africa, West Africa, India, Southeast Asia, and the United States, d.lighthas impacted over 65 million lives with its products. d.light is dedicated to providing the most reliable, affordable, and accessible solar lighting and power systems for the developing world, with the goal of reaching 100 million people by 2020. For more information, visit www.dlight.com.
- Cold Solutions Kenya — Cold Solutions Kenya Ltd offers temperature-controlled storage and cold chain logistics for perishable goods.
Sagemcom is a French high-tech group of international dimensions, the group operates on the broadband (digital home, set-top boxes, Internet routers, telephony and multimedia terminals), smart city (smart meter, smart grid, smart infra, smart sites and smart services), and Internet of Things markets (founding member of the LoRa Alliance).Withrevenue of around €1.3 billion, Sagemcom employs 4,000 people on five continents and ships every year more than 23 million terminals. Sagemcom aims to remain a world leader in communicating terminals with high added value.
Show more...Investment focus
- Industry: Energy, Solar, Renewable Energy
- Stage:Series A, Venture - Series Unknown
- Geography: Mali, Mauritius
Investor stats
- Total investments: 2
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Escotel — Escotel is an energy services company currently focused on Sub-Saharan Africa countries. Escotel provides energy services to mobile tower owners and operators, owning and operating decentralized renewable energy infrastructure across Africa
- WeLight — WeLight deploys sustainable and accessible solutions to accelerate energy inclusion in rural areas of Africa.
A strong and engaged private sector is indispensible to ending extreme poverty and boosting shared prosperity. That's where IFC comes in - we have more than 60 years experience in unlocking private investment, creating markets and opportunities where they are needed most.
Show more...Investment focus
- Industry: Financial Services, Finance, Banking
- Stage:Debt Financing, Post-IPO Debt
- Geography: India, Brazil, United States
Investor stats
- Total investments: 594
- Round size: Post-IPO Debt $50M–$500M; Debt Financing $20M–$400M
- Lead/follow: 63% lead, 37% follow
Portfolio highlights
- PasarPolis — PasarPolis is an insurtech startup that provides an online insurance comparison platform for individuals. The company offers quotes for health insurance, life insurance, car insurance, personal insurance, property insurance, and claims processing services.The company was founded by Cleosent Randing in 2015 and is headquartered in Jakarta,Indonesia.
- Twiga Foods — Twiga is a mobile-based supply platform for Africa’s retail outlets, kiosks, and market stalls. The company is using a mobile-based, cashless, business-to-business (B2B) supply platform to access distribution into the millions of small and medium-sized vendors in African urban markets. Founded in 2013, Twiga is based in Nairobi, Kenya.
- ABBANK — An Binh Commercial Joint Stock Bank, a commercial bank, provides consumer and corporate banking services in Vietnam. The company offers consumer banking services, such as term and non-term savings, demand, and accumulated savings deposits; and unsecured consumption, home erection/renovation, secured consumption, business and production, car,home, listed and non-listed securities, overseas study, savings account book/account balance mortgage, and business and production supplementary loans. It provides corporate banking services, including commercial financing, import financing, pre-shipment export financing, SME financing, and co-financing loans; supplementary installment loans for business.
Africa's Climate Venture Builder - We believe in the power of climate-positive economic development in Africa. For the last decade, we have been working hand in hand with exceptional entrepreneurs, investing both financial and human capital to build successful climate ventures on the continent. Our companies offer competitive financial returns required to drive lasting impact.
Show more...Investment focus
- Industry: Energy, Solar, Renewable Energy
- Stage:Seed, Series A
- Geography: Ghana, Germany, Switzerland
Investor stats
- Total investments: 24
- Round size: Seed $500k–$1.3M; Series A $1.1M–$10M
- Lead/follow: 83% lead, 17% follow
Portfolio highlights
- Dodai — Dodai manufactures and assembles the electric motorcycles.
- EcoNetix — We help companies reduce emissions, offset with high-integrity carbon projects, and communicate impact transparently to achieve compliance certainty, climate
- Circadian Technologies GmbH — AI-driven VPP unlocking revenue for telecom towers.
Sustainability VC funding in Mauritius at a glance
Stats across 10 deals from 17 investors.
Access all 17 VC funds in Mauritius Sustainability startups.
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