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Top 20 Transportation VC Funds & Investors in Rwanda (October 2026)

The most active venture capital funds investing in Rwanda Transportation startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Rwanda Transportation startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Ecosystem Integrity Fund
VC Fund
3 United States, India, Brazil Series A, Series B Energy, Renewable Energy, Software $4M–$45M
Factor E
VC Fund
3 Kenya, United States, India Seed, Series A, Convertible Note Energy, Renewable Energy, Agriculture $20k–$10M
TotalEnergies Ventures
VC Fund
3 United States, France, United Kingdom Series B, Series C Energy, Renewable Energy, Transportation $5M–$175M
Zephyr Acorn
VC Fund
2 Kenya, Rwanda, India Seed, Series A, Pre-Seed Financial Services, Banking, FinTech $125k–$10M
Africa GoGreen Fund
VC Fund
2 Kenya, Rwanda, United States Debt Financing Energy, Solar, Logistics $7.5M–$33M
Acumen
VC Fund
2 United States, India, Kenya Seed, Venture - Series Unknown Agriculture, Solar, Farming $300k–$7.4M
Beyond Capital Ventures
VC Fund
2 India, Kenya, Ghana Series A, Venture - Series Unknown, Series B Health Care, Wellness, Insurance $2M–$12M
Hard Edged Hope Fund
VC Fund
1
ImpactAssets
VC Fund
1 United States, Ghana, India Seed, Series A, Angel Software, Health Care, Biotechnology $215k–$35M
3rd Creek Foundation
VC Fund
1 United States, India, Rwanda Grant, Debt Financing, Seed Training, Manufacturing, Farming $10k–$35k
Carma Axlr8r
VC Fund
1 United States, Chile, China Seed, Pre-Seed Transportation, Apps, Ride Sharing $25k–$25k
Everstrong Capital
VC Fund
1 Rwanda Series A Energy, Automotive, Transportation
Chandaria Capital
VC Fund
1 Kenya, Nigeria, United States Seed, Series A, Pre-Seed E-Commerce, Financial Services, FinTech $200k–$37M
Alphamundi
VC Fund
1 Kenya, Colombia, Ghana Debt Financing, Series A, Series B Agriculture, Renewable Energy, Financial Services $1.7M–$16M
SOCIETE PETROLIERE
VC Fund
1 Rwanda Venture - Series Unknown Energy, Automotive, Transportation
VestedWorld
VC Fund
1 Nigeria, Kenya, Ghana Seed, Series A, Series B Agriculture, Financial Services, Farming $1.6M–$20M
British International Investment
VC Fund
1 India, Kenya, United Kingdom Debt Financing, Venture - Series Unknown, Series B Financial Services, Banking, Finance $2.5M–$126M
Ground Squirrel Ventures
VC Fund
1 United States, Kenya, Zambia Seed, Venture - Series Unknown, Series A Financial Services, FinTech, Finance $125k–$48M
U.S. International Development Finance Corp
VC Fund
1 India, Kenya, United States Debt Financing, Post-IPO Debt, Venture - Series Unknown Financial Services, Finance, FinTech $1M–$1B
Battery Road Digital Holdings
VC Fund
1 Egypt, Singapore, India Seed, Series A, Series B E-Commerce, Transportation, Payments $200k–$24M
Access all 44 VC funds in Rwanda Transportation startups.

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Investor list

Ecosystem Integrity Fund
VC Fund · San Francisco, California, United States · 3 investments in Rwanda Transportation startups

The Ecosystem Integrity Fund (“EIF”) is a venture capital firm that invests in early-stage companies contributing to environmental sustainability. It seeks to demonstrate that there is no trade-off between having a positive impact and achieving outstanding financial returns. The movement toward environmental sustainability is making incrementalimprovements to the largest industries in the world. Over the next several decades, the economy will be transformed by this movement.Sustainability is fundamentally about making things better: more efficient, more functional, less toxic, less costly. This is the next phase of the Industrial Revolution.

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Investment focus

  • Industry: Energy, Renewable Energy, Software
  • Stage:Series A, Series B
  • Geography: United States, India, Brazil

Investor stats

  • Total investments: 70
  • Round size: Series A $4M–$30M; Series B $5.5M–$45M
  • Lead/follow: 74% lead, 26% follow
  • Last fund: Likely actively investing — fresh fund, raised $225M in 2025

Portfolio highlights

  • Trashie — Just a 'small-town' recycling and rewards platform trying to make it in the big city.
  • ZeroAvia — ZeroAvia is producing the world's first practical zero emission aviation powertrain, initially targeting 20-seat airplanes to start replacing dirty jet fuel in regional transport
  • Battery Smart — India's largest battery swapping network for electric two and three wheelers. Pay-per-use battery-as-a-service via swap stations.
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Factor E
VC Fund · Fort Collins, Colorado, United States · 3 investments in Rwanda Transportation startups

Factor E is a finance company that impacts venture builders, dedicated to supporting the people and ideas that will turn the tables in the global battle for sustainable solutions to energy, agriculture, mobility, and waste challenges in emerging and frontier markets. It serves as a conduit between philanthropic and commercial investors throughmarket-driven forces.

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Investment focus

  • Industry: Energy, Renewable Energy, Agriculture
  • Stage:Seed, Series A, Convertible Note
  • Geography: Kenya, United States, India

Investor stats

  • Total investments: 35
  • Round size: Seed $500k–$4.6M; Series A $1.3M–$10M; Convertible Note $20k–$1.3M
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • InspiraFarms — InspiraFarms provides on-and-near farm, grid & solar powered Cold Rooms & Packhouses for agribusinesses & distributors. Reduce energy costs & food losses!
  • Open Access Energy — South Africa's first multilateral wheeling software platform that automates energy transactions.
  • 60Hertz Energy — Unify asset management with asset monitoring, enhance scheduling, and facile communication. Book a Demo Now!
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TotalEnergies Ventures
VC Fund · La Défense, Ile-de-France, France · 3 investments in Rwanda Transportation startups

TotalEnergies Ventures is the venture capital arm of Total.As part of Total's commitment to a better energy future, TotalEnergies Ventures is focused on finding, funding and fostering high-potential start-ups which will contribute to creating a low carbon future.Current areas of interest include Renewables, Distributed Energy, NewMobility, Energy Access, Energy Storage, Bio-Plastics, Circular Economy, Carbon Capture and Hydrogen.

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Investment focus

  • Industry: Energy, Renewable Energy, Transportation
  • Stage:Series B, Series C
  • Geography: United States, France, United Kingdom

Investor stats

  • Total investments: 102
  • Round size: Series B $9.3M–$175M; Series C $5M–$65M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • Autogrid — AutoGrid Systems organizes energy data and employs big data analytics to generate real-time predictions that create actionable data.The company’s suite of flexibility management applications allows utilities, electricity retailers, renewable energy project developers and energy service providers to deliver cheap, clean and reliable energy bymanaging networked distributed energy resources (DERs) in real time and at scale. AutoGrid applications utilize petabytes of smart meter, sensor and third-party data, along with powerful data science and high-performance computing algorithms, to monitor, predict, optimize and control the operations of millions of assets connected across global energy networks.Established at Stanford University in 2011, they have assembled a team of world-class software architects, electrical and computer engineers, data scientists and energy experts who apply cutting-edge analytics and in-depth energy data science to solve the world’s most critical energy problems.
  • 45-8 ENERGY — 45-8 ENERGY is exploring eco-friendly helium for uses in many industries.
  • Ampersand — Ampersand catalyzes and power mass-market electric mobility. By supplying the battery swap network and operating system the company makes sustainable mobility rapidly accessible and affordable for developing markets, to improve livelihoods and the environment. With over a million km already covered by e-motorcycles in Africa using our plug-and-playpowertrain and energy network.
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Zephyr Acorn
VC Fund · Nairobi, Nairobi Area, Kenya · 2 investments in Rwanda Transportation startups

Zephyr Management is a global emerging markets investment manager, specializing in the creation and management of highly focused private equity and venture capital funds.

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Investment focus

  • Industry: Financial Services, Banking, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Kenya, Rwanda, India

Investor stats

  • Total investments: 20
  • Round size: Seed $125k–$3M; Series A $2M–$10M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Arifu — Home About Us Impact Gender Dynamics of Using Mobile Technology Informed Consumers Improve Financial Service Utilization Digital training benefits farmers and agricultural institutions Resources Careers Contact Us X DEMO SCHEDULE A DEMO About Arifu https://vimeo.com/531804968Arifu is an education technology company established in 2015 in Kenya. We offer a content marketplace that brings together subject matter
  • Emata — Emata brings digital and affordable financial products to farmers in East Africa.
  • Power — Putting individuals on the path towards financial health
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Africa GoGreen Fund
VC Fund · London, England, United Kingdom · 2 investments in Rwanda Transportation startups

AGG drives green investments across Africa through renewable energy and energy efficiency financing. Supporting climate projects that reduce GHG emissions.

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Investment focus

  • Industry: Energy, Solar, Logistics
  • Stage:Debt Financing
  • Geography: Kenya, Rwanda, United States

Investor stats

  • Total investments: 11
  • Round size: Debt Financing $7.5M–$33M
  • Lead/follow: 82% lead, 18% follow
  • Last fund: Likely still investing — raised $47M in 2023

Portfolio highlights

  • BioLite — BioLite designs off-grid personal scale energy products for cooking, charging, and lighting. Perfect for camping, fishing, tailgating, power outages, and more.
  • Spironet — 130K+ Bikes Deployed. 50M+ Battery Swaps. 2.6B+ CO2 Free KMs Driven
  • Cold Solutions Rwanda — Cold Solutions Rwanda is a temperature-controlled storage and logistics provider specializing in end-to-end cold chain management.
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Acumen
VC Fund · New York, New York, United States · 2 investments in Rwanda Transportation startups

Acumen is a nonprofit venture fund that invests in early-stage companies bringing critical services like agriculture, clean energy, education, financial inclusion, healthcare and workforce development to low-income communities in 14 countries across East and West Africa, South Asia, Latin America, and the United States. Since 2001, Acumeninvested $128 million in 128 companies that have transformed the lives of over 308 million low-income people.

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Investment focus

  • Industry: Agriculture, Solar, Farming
  • Stage:Seed, Venture - Series Unknown
  • Geography: United States, India, Kenya

Investor stats

  • Total investments: 209
  • Round size: Seed $300k–$2.5M; Venture - Series Unknown $1000k–$7.4M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely actively investing — fresh fund, raised $123M in 2025

Portfolio highlights

  • PrePex — Non Surgical Male Circumcision for HIV Prevention and social enterprise, offering innovative, affordable and scalable public healthcare solutions
  • Orb Energy — Orb Energy is a vertically integrated solar company that manufactures solar panels, design, install, and services complete system, and finance C&I customers.
  • Gramalaya Urban And Rural Development Initiatives And Network — Gramalaya Urban And Rural Development Initiatives And Network (GUARDIAN) is addressing the complex water and sanitation problems faced by low-income communities in India through its innovative water credit solution. GUARDIAN provides microloans to low-income families seeking to install water and sanitation facilities in their households.
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Beyond Capital Ventures
VC Fund · 2 investments in Rwanda Transportation startups

Beyond Capital Ventures is a venture capital firm, offering a diversified portfolio of companies in "need-to-have" sectors, led by conscious leaders.

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Investment focus

  • Industry: Health Care, Wellness, Insurance
  • Stage:Series A, Venture - Series Unknown, Series B
  • Geography: India, Kenya, Ghana

Investor stats

  • Total investments: 18
  • Round size: Series A $2M–$12M
  • Lead/follow: 56% lead, 44% follow
  • Last fund: May invest from a new fund soon — raised $1.5M in 2021

Portfolio highlights

  • Lissun — Lissun is an online counselling platform, which allows you to get expert advice and counselling for any mental health problem anytime and from the comfort of your own home.
  • Alt Mobility — ALT Mobility is a full-stack EV leasing platform offering mobility as a service (MaaS) for commercial vehicle users.
  • BimaKavach — Buy business insurance online from India's top 25 insurers in minutes with AI-powered risk analysis, policy comparison, and customised coverage for businesses in India
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Hard Edged Hope Fund
VC Fund · 1 investments in Rwanda Transportation startups

Hard Edged Hope Fund is an investmrnt firm.

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Investor stats

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

Portfolio highlights

  • Ampersand — Ampersand catalyzes and power mass-market electric mobility. By supplying the battery swap network and operating system the company makes sustainable mobility rapidly accessible and affordable for developing markets, to improve livelihoods and the environment. With over a million km already covered by e-motorcycles in Africa using our plug-and-playpowertrain and energy network.
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ImpactAssets
VC Fund · Bethesda, Maryland, United States · 1 investments in Rwanda Transportation startups

ImpactAssets is the preeminent partner for impact investing and philanthropic giving for individuals, families and a range of organizations that want to create positive change for the world.

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Investment focus

  • Industry: Software, Health Care, Biotechnology
  • Stage:Seed, Series A, Angel
  • Geography: United States, Ghana, India

Investor stats

  • Total investments: 33
  • Round size: Seed $616k–$4M; Angel $215k–$400k; Series A $4.3M–$35M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Afterwind — Afterwind® exists to preserve natural resources for future generations by recycling glass fibre assets into circular advanced materials with full traceability.We help asset owners and industrial manufacturers in Advanced Materials, Renewable Energy, and Construction recover and reuse end-of-life and byproduct materials without compromising theiroriginal properties, including glass and carbon fibres, PET and PVC foams, and resin powders.Team Afterwind is expanding across Europe, working on- or near-site to help our clients cut costs, CO2, and risks, while supplying stable, high-quality, circular advanced materials that deliver on EU Taxonomy and green targets.
  • Salva Health — Salva Health is a healthcare solutions provider company that develops products to enable the prevention and early detection of diseases.
  • Affinity — Join over 145,000 who trust the Affinity to manage their personal and business banking needs, from payments to savings, as well as loans
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3rd Creek Foundation
VC Fund · Incline Village, Nevada, United States · 1 investments in Rwanda Transportation startups

3rd Creek Foundation is a small foundation focused on global poverty alleviation through grant-making and impact investing.

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Investment focus

  • Industry: Training, Manufacturing, Farming
  • Stage:Grant, Debt Financing, Seed
  • Geography: United States, India, Rwanda

Investor stats

  • Total investments: 14
  • Round size: Debt Financing $10k–$35k
  • Lead/follow: 86% lead, 14% follow
  • Last fund: May invest from a new fund soon — raised $2M in 2021

Portfolio highlights

  • WARC Group — Sustainable agriculture, Africa, Sierra Leone & Ghana
  • Hoste Hainse —
  • Village Enterprise — Village Enterprise is a nonprofit dedicated to ending extreme poverty in rural Africa through the power of entrepreneurship. Learn more.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Carma Axlr8r
VC Fund · Cork, Cork, Ireland · 1 investments in Rwanda Transportation startups

The Carma Axlr8r is a venture fund which focuses on entrepreneurs building technologies to solve the same problem. It offers seed funding ($25,000) as well as the office space and mentoring necessary for developing great ideas into viable companies.The basic goal of the Carma Axlr8r is to supercharge this revolution in the way they think aboutcommuting. They are currently accepting applications for their inaugural program, which will run from January 12th to April 15th, 2015.

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Investment focus

  • Industry: Transportation, Apps, Ride Sharing
  • Stage:Seed, Pre-Seed
  • Geography: United States, Chile, China

Investor stats

  • Total investments: 9
  • Round size: Pre-Seed $25k–$25k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • CabEasy — CabEasy is a service and app for university students to share rides with other students from the same school. CabEasy partners with taxi providers near schools to provide on-demand and scheduled trips.
  • Dublway - daily commute ridesharing — Just take a look at http://dublway.com/ and may be you'll find a ride for yourself.We help people find a ride to their offices or study, airport or another city,mall, music festival or ski slope.Want to make a local community, for example for your business center or the mall? Just make a Dublway group and share it with yourcolleagues & friends. We help drivers and passengers save money, reduce traffic jams, save the environment, meet new people and have a great conversations with them. It's more fun & profitably than stay alone in traffic for 2 weeks a year, burning fuel and listening to the radio.
  • Viadedo — Carpool car (in English: Carpool or Carpooling) is the practice of several people to share car that both periodic trips to specific routes.This practice is to reduce traffic in large cities as well as facilitating travel for people who do not have their own car. It also represents a significant decrease in CO2 emissions by reducing the numberof cars on the streets / routes. In turn, you have the chance to meet new people doing the same routes. For long flow paths you share fuel costs.Did you know that 4 out of 5 drivers traveling alone to work in rush hour? Sharing the ride with a friend or co-worker you be helping to reduce the number of cars on the streets, which would mean less traffic. We can not depend on the state to seek a solution to this problem because it is something that is getting worse every year. If we all contribute our part, we can attack the root problem, which would be the amount of cars on the streets.Viadedo gives you the opportunity to find people like you who see the benefits of participating in this community.
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Everstrong Capital
VC Fund · Charlottesville, Virginia, United States · 1 investments in Rwanda Transportation startups

Everstrong Capital is focused on developing and investing in sustainable infrastructure in sub-Saharan Africa.

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Investment focus

  • Industry: Energy, Automotive, Transportation
  • Stage:Series A
  • Geography: Rwanda

Investor stats

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

Portfolio highlights

  • Ampersand — Ampersand catalyzes and power mass-market electric mobility. By supplying the battery swap network and operating system the company makes sustainable mobility rapidly accessible and affordable for developing markets, to improve livelihoods and the environment. With over a million km already covered by e-motorcycles in Africa using our plug-and-playpowertrain and energy network.
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Chandaria Capital
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in Rwanda Transportation startups

KOITOTO merupakan akses login situs toto togel 4D resmi dan link slot gacor terpercaya menyediakan akses super cepat serta permainan terlengkap dengan tingkat kemenangan tinggi setiap hari.

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Investment focus

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

Investor stats

  • Total investments: 53
  • Round size: Seed $250k–$6M; Pre-Seed $200k–$3M; Series A $2M–$37M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Klub — India's leading Revenue Based Financing platform with a vision to revolutionize growth capital. Join the Klub for fast, fair & flexible funding.
  • Nuzo — Nuzo offers cheaper payments and crypto rewards and ways to save and earn with staking and bill pay options.
  • African Originals — African Originals food and beverage company that offers authentic African craft beverages using traditional reciepies.
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Alphamundi
VC Fund · Zürich, Zurich, Switzerland · 1 investments in Rwanda Transportation startups

AlphaMundi Group Ltd is a commercial entity based in Switzerland and exclusively dedicated to Impact Investing: profitable investments that generate substantial net benefits to society. It was founded in 2007 by a group of partners with extensive experience in the financial industry as well as responsible investments, microfinance andphilanthropy.AlphaMundi provides debt and equity financing to scalable social ventures in strategic sustainable human development sectors such as microfinance, affordable education, fair trade agriculture and renewable energy. AlphaMundi is currently investing out of its impact debt fund, SocialAlpha Investment Fund (SAIF) - Bastion, domiciled in Luxembourg. AlphaMundi also manages co-investments for SAIF-Bastion investors and third parties.​AlphaMundi partners believe that Impact Investing is a new tool for development that can enhance more classical responsible investment approaches (which often lack impact ​measurability) and complement charitable solutions (which often lack financial viability). To this extent, the firm also contributes to the emergence of Impact Investing through education events, publications and industry associations. Impact investments are now being integrated by leading US and European banks, pension funds, foundations and family offices into traditional investment portfolios, as primarily decorrelated, illiquid and profitable financial assets.

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Investment focus

  • Industry: Agriculture, Renewable Energy, Financial Services
  • Stage:Debt Financing, Series A, Series B
  • Geography: Kenya, Colombia, Ghana

Investor stats

  • Total investments: 22
  • Round size: Series A $10M–$12M; Series B $3.5M–$16M; Debt Financing $1.7M–$11M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: May invest from a new fund soon — raised $21M in 2020

Portfolio highlights

  • Finaktiva — Finaktiva is the number one financial ally of Colombian entrepreneurs. We offer flexible and agile online financial solutions (loans in various forms, factoring and confirming) adjusted to the requirements of the companies. We also offer a range of non-financial tools through our platform to help SMEs´ grow. Our customers are typically businesseswith innovative business models, double-digit growth rates that have a positive impact in their communities.
  • AgriCapital — AgriCapital is a financial service firm that provides store credit, productive credit, credit installments, and accompaniment services.
  • Ampersand — Ampersand catalyzes and power mass-market electric mobility. By supplying the battery swap network and operating system the company makes sustainable mobility rapidly accessible and affordable for developing markets, to improve livelihoods and the environment. With over a million km already covered by e-motorcycles in Africa using our plug-and-playpowertrain and energy network.
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SOCIETE PETROLIERE
VC Fund · Kigali, Butare, Rwanda · 1 investments in Rwanda Transportation startups

SOCIETE PETROLIERE offers petroleum products.

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Investment focus

  • Industry: Energy, Automotive, Transportation
  • Stage:Venture - Series Unknown
  • Geography: Rwanda

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Ampersand — Ampersand catalyzes and power mass-market electric mobility. By supplying the battery swap network and operating system the company makes sustainable mobility rapidly accessible and affordable for developing markets, to improve livelihoods and the environment. With over a million km already covered by e-motorcycles in Africa using our plug-and-playpowertrain and energy network.
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VestedWorld
VC Fund · Chicago, Illinois, United States · 1 investments in Rwanda Transportation startups

VestedWorld is an early-stage venture capital firm that invests in emerging markets companies that have the potential to generate competitive financial returns while contributing towards the growth and development of the markets in which they are located. The firm supports these businesses through the infusion of capital, active involvement incorporate governance, and by providing direct strategic and operational assistance.

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Investment focus

  • Industry: Agriculture, Financial Services, Farming
  • Stage:Seed, Series A, Series B
  • Geography: Nigeria, Kenya, Ghana

Investor stats

  • Total investments: 29
  • Round size: Seed $1.6M–$6.1M; Series A $2.5M–$4.4M; Series B $9M–$20M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: Likely still investing — raised $21M in 2022

Portfolio highlights

  • BFree — BFree focuses its collection processes on sustainably leading customers out of debt by giving them back control over their finances.
  • Points Africa — Shop, earn & redeem Points Africa Loyalty Reward Points seamlessly at stores, restaurants, banks, fuel stations and more throughout Africa. Download the app now.
  • Jackfruit Finance — Fast, flexible school financing in Kenya. Get working capital, projects, and asset loans designed around school fee cycles and growth needs.
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British International Investment
VC Fund · London, England, United Kingdom · 1 investments in Rwanda Transportation startups

British International Investment is the UK's development finance institution. We've been at the forefront of supporting companies in developing countries for more than 70 years.

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Investment focus

  • Industry: Financial Services, Banking, Finance
  • Stage:Debt Financing, Venture - Series Unknown, Series B
  • Geography: India, Kenya, United Kingdom

Investor stats

  • Total investments: 429
  • Round size: Series B $13M–$70M; Debt Financing $6.8M–$100M; Venture - Series Unknown $2.5M–$126M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: May invest from a new fund soon — raised $15M in 2009

Portfolio highlights

  • Mettle.net — Mettle was established in 1995 as a specialist financial services company and has, since its inception become recognised for innovation in the creation of specialised financial solutions.With clients ranging from international corporates to small and medium enterprises and individuals, clients experience a different kind of insight from Mettle.This level of vision and considered intuition can also be found in Mettle’s investments.
  • Coris Holding — Coris Holding is a financial institution that was established with the motive to provide support to SMEs and SMIs.
  • mopo — Mobile Power's innovative pay-per-use battery sharing network unlocks clean energy for households, businesses and electric transport in Sub-Saharan Africa.
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Ground Squirrel Ventures
VC Fund · Boston, Massachusetts, United States · 1 investments in Rwanda Transportation 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, Series A
  • Geography: United States, Kenya, Zambia

Investor stats

  • Total investments: 71
  • Round size: Seed $400k–$3M; Series A $1.8M–$5M; Venture - Series Unknown $125k–$48M
  • Lead/follow: 8% lead, 92% 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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U.S. International Development Finance Corp
VC Fund · Washington, District of Columbia, United States · 1 investments in Rwanda Transportation startups, 13 in the past 12 months

U.S. International Development Finance Corp is America’s development bank.

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Investment focus

  • Industry: Financial Services, Finance, FinTech
  • Stage:Debt Financing, Post-IPO Debt, Venture - Series Unknown
  • Geography: India, Kenya, United States

Investor stats

  • Total investments: 133
  • Round size: Post-IPO Debt $18M–$468M; Debt Financing $6.7M–$390M; Venture - Series Unknown $1M–$1B
  • Lead/follow: 77% lead, 23% follow
  • Last fund: Likely still investing — raised $300M in 2024

Portfolio highlights

  • DTEK — DTEK Group is a diversified energy holding that includes six businesses and Academy DTEK, our corporate university. DTEK Group is the largest private investor in the energy sector in Ukraine, with over €12 billion in invested capital since 2005, employing 55,000 people.
  • WIOCC Group — WIOCC Group serves as a provider of interconnected, carrier-scale digital infrastructure and managed network services, operating exclusively as a wholesaler to hyperscalers, cloud operators, content providers, and telcos.
  • Global Atomic Corporation — The Dasa Uranium Project scheduled to begin production in 2026 is the highest-grade uranium project in Africa; the Turkish Zinc JV provides positive cash flow.
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Battery Road Digital Holdings
VC Fund · Mumbai, Maharashtra, India · 1 investments in Rwanda Transportation startups

Battery Road Digital Holdings is a venture capital and private equity firm that focuses on frontier and emerging markets.

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Investment focus

  • Industry: E-Commerce, Transportation, Payments
  • Stage:Seed, Series A, Series B
  • Geography: Egypt, Singapore, India

Investor stats

  • Total investments: 20
  • Round size: Seed $200k–$3M; Series A $4.4M–$10M; Series B $10M–$24M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • zypl.ai — We help financial institutions, government entities make more accurate decisions
  • AwanTunai — AwanTunai seek to reinforce Indonesian needs and productivity by providing digital loan for a better financial freedom and capability to micro-entrepreneurs
  • IMAN — IMAN is a full-stack halal finance solution for merchants, shoppers, and investors.
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Transportation VC funding in Rwanda at a glance

Stats across 36 deals from 44 investors.

44
investors
in Rwanda Transportation startups
36
deals
in Rwanda Transportation startups
$500k
median round
in Rwanda Transportation startups
36%
lead investors
lead at least one round
19%
Debt Financing
most common funding stage

Access all 44 VC funds in Rwanda Transportation startups.

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