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Top 50 VC Funds & Investors in Africa (May 2026)

The most active venture capital funds investing in Africa startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Africa startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Launch Africa
VC Fund
86 Nigeria, South Africa, Kenya Seed, Pre-Seed Financial Services, FinTech, Information Technology
Ventures Platform
VC Fund
72 Nigeria, United States, Kenya Seed, Pre-Seed Financial Services, FinTech, Internet
54 Collective
VC Fund
71 Kenya, Nigeria, South Africa Seed, Pre-Seed Health Care, Information Technology, FinTech
LoftyInc Capital
VC Fund
64 United States, Nigeria, Egypt Seed, Pre-Seed, Series A Financial Services, FinTech, Software
Microtraction
VC Fund
57 Nigeria, United States, Ghana Pre-Seed, Seed, Angel Financial Services, FinTech, Software
Future Africa
VC Fund
53 Nigeria, United States, Kenya Seed, Pre-Seed, Series A Financial Services, FinTech, Information Technology
Musha Ventures
VC Fund
49 United States, Nigeria, Kenya Seed, Pre-Seed, Series A Software, Financial Services, FinTech
Kepple Africa Ventures
VC Fund
44 Nigeria, Kenya, Egypt Seed, Pre-Seed Financial Services, FinTech, Software
Ingressive Capital
VC Fund
42 Nigeria, United States, Egypt Pre-Seed, Seed, Series A Financial Services, FinTech, Information Technology
F6 Ventures
VC Fund
41 Tunisia, France Pre-Seed, Seed E-Commerce, Retail, FinTech
Golden Palm Investments
VC Fund
32 Nigeria, Egypt, Kenya Seed, Series A, Pre-Seed Information Technology, FinTech, Payments
CRE Venture Capital
VC Fund
30 South Africa, Nigeria, United States Seed, Series A, Pre-Seed Financial Services, FinTech, Software
Enza Capital
VC Fund
28 Kenya, Nigeria, South Africa Seed, Series A Financial Services, Finance, E-Commerce
Savannah Fund
VC Fund
26 Kenya, United States, South Africa Seed, Series A, Pre-Seed E-Commerce, FinTech, Software
4Di Capital
VC Fund
26 South Africa, United States, Kenya Seed, Series A, Pre-Seed Software, Financial Services, Mobile
GreenHouse Capital
VC Fund
26 Nigeria, Kenya, United States Seed, Pre-Seed Financial Services, FinTech, Payments
Pearl Capital Partners
VC Fund
24 Uganda, Kenya, Malawi Private Equity, Debt Financing, Seed Agriculture, Farming, Food Processing
4DX Ventures
VC Fund
24 Egypt, United States, Nigeria Seed, Series A, Pre-Seed FinTech, Logistics, Financial Services
MNF Ventures
VC Fund
24 Morocco, France, Canada Seed, Series A, Pre-Seed Online Portals, FinTech, Enterprise Software
Consonance Investment Managers
VC Fund
24 Nigeria, United States, Kenya Seed, Series A, Pre-Seed Software, Information Technology, FinTech
Mercy Corps Ventures
VC Fund
23 Kenya, United States, Colombia Seed, Pre-Seed, Series A Financial Services, FinTech, Agriculture
HAVAÍC
VC Fund
23 South Africa, United States, Kenya Seed, Series A Software, Health Care, FinTech
Ground Squirrel Ventures
VC Fund
23 United States, Kenya, Zambia Seed, Series A Financial Services, FinTech, Finance
Novastar Ventures
VC Fund
23 Kenya, Nigeria, United States Series A, Series B Agriculture, Internet, Health Care
Proparco
VC Fund
22 India, Kenya, Mauritius Debt Financing, Seed Financial Services, Energy, Finance
E3 Capital
VC Fund
20 Kenya, United States, Mali Seed, Series A, Series B Solar, Energy, Agriculture
EchoVC Partners
VC Fund
20 United States, Nigeria, Kenya Seed, Series A, Pre-Seed Information Technology, Software, E-Commerce
UNCOVERED FUND
VC Fund
19 Nigeria, Kenya, United States Seed, Pre-Seed FinTech, Financial Services, Software
First circle capital
VC Fund
19 Nigeria, Egypt, United States Pre-Seed, Seed Financial Services, FinTech, Finance
DOB Equity
VC Fund
19 Kenya, Rwanda, Uganda Private Equity, Seed Food and Beverage, Farming, Health Care
AfricInvest
VC Fund
19 Tunisia, Kenya, Morocco Private Equity, Series A Financial Services, Manufacturing, FinTech
P1 Ventures
VC Fund
18 Egypt, Kenya, United States Seed, Pre-Seed, Series B Financial Services, Software, Payments
TLcom Capital Partners
VC Fund
18 Nigeria, United States, United Kingdom Series A, Seed Software, Mobile, Information Technology
Reflect Ventures
VC Fund
18 Pakistan, United States, Nigeria Seed, Pre-Seed, Series A Logistics, Information Technology, E-Commerce
VestedWorld
VC Fund
18 Nigeria, Kenya, Ghana Seed, Series A, Series B Agriculture, Farming, E-Commerce
Partech
VC Fund
17 United States, France, Germany Series A, Seed, Series B Software, E-Commerce, SaaS
Raba Partnership
VC Fund
17 United States, South Africa, Egypt Seed, Pre-Seed, Series A Financial Services, FinTech, Finance
Lateral Frontiers
VC Fund
17 United States, Nigeria, Kenya Seed, Series A, Pre-Seed FinTech, Financial Services, Software
Renew Capital
VC Fund
17 Uganda, Kenya, Ethiopia Pre-Seed, Seed Mobile Apps, Financial Services, Finance
Acumen
VC Fund
16 United States, India, Kenya Seed, Series A Agriculture, Health Care, Financial Services
CDG Invest
VC Fund
15 Morocco, France, Switzerland Pre-Seed, Seed Apps, Software, Internet
GreenTec Capital Partners
VC Fund
15 Kenya, Nigeria, Morocco Seed, Pre-Seed Information Technology, Retail, Computer
Finnfund
VC Fund
15 Kenya, India, South Africa Debt Financing, Series B Financial Services, Energy, FinTech
Chandaria Capital
VC Fund
15 Kenya, United States, Nigeria Seed, Series A, Pre-Seed E-Commerce, Retail, FinTech
EDFI ElectriFI
VC Fund
15 United States, Kenya, Nigeria Debt Financing, Series A Energy, Solar, Renewable Energy
True Capital Management
VC Fund
15 United States, Nigeria, Canada Seed, Series A, Pre-Seed FinTech, Financial Services, Software
Accion Ventures
VC Fund
15 India, United States, Mexico Seed, Series A Financial Services, FinTech, Finance
HoaQ
VC Fund
14 Nigeria, United Kingdom, Togo Pre-Seed, Seed, Angel FinTech, Financial Services, Internet
Oui Capital
VC Fund
14 Kenya, Nigeria, United States Seed, Pre-Seed Transportation, Financial Services, Information Technology
Unpopular Ventures
VC Fund
14 United States, India, Mexico Seed, Pre-Seed, Series A Software, FinTech, Financial Services
Access all 50 VC funds in Africa startups.

Access 48,091 investors

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

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Investor list

Launch Africa
VC Fund · Ebène, Plaines Wilhems, Mauritius · 86 investments in Africa startups

Launch Africa is a leading Pan-African VC fund solving the significant funding gap in the Seed and pre-Series A investment landscape in Africa

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Investment focus

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

Investor stats

  • Total investments: 160
  • Lead/follow: no public data

Portfolio highlights

  • Zazuu — Zazuu is a platform for sending money across the border.
  • Gigmile — Gigmile provides financial services. They provide gig workers with core services and an affordable lease on productive assets that is tailored to their earnings to enable them to succeed in the mobility industry as entrepreneurs.
  • REasy — Top up locally, pay suppliers globally, and manage international shipments with REasy. Fast, secure, and designed for African businesses expanding worldwide.
Show all investments...

Ventures Platform
VC Fund · Abuja, Federal Capital Territory, Nigeria · 72 investments in Africa startups

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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Investment focus

  • Industry: Financial Services, FinTech, Internet
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 140
  • Lead/follow: no public data

Portfolio highlights

  • Raenest — Access Virtual Accounts, Invoicing, Multi-Currency Payouts, Auto Payroll, Accounting Integrations, and Virtual & Physical cards within minutes.
  • SEND — SEND manages the entire process of moving freight by air, ocean and road to and from Africa - including customs processes, trucking and warehousing. Our application provides instant quotes & bookings, document management, cost transparency, notifications and tracking for your cargo.
  • Remedial Health — We improve business to business access to medicines by providing such medicines from manufactures/registered distributors direct to large and small healthcare retail businesses (large pharmacies and remote chemist/PPMVs (Patent and Proprietary Medicine Vendors)) using technology to deliver just-in-time stock and provide financing and awide selection of inventory to such retail business.
Show all investments...

54 Collective
VC Fund · Johannesburg, NA - South Africa, South Africa · 71 investments in Africa 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: 107
  • Lead/follow: no public data

Portfolio highlights

  • Billboxx — Manage payables, receivables, financing and banking in one platform.
  • mTek — mTek is a digital online insurance platform that provides an entirely paperless ecosystem for the insurance industry.
  • REasy — Top up locally, pay suppliers globally, and manage international shipments with REasy. Fast, secure, and designed for African businesses expanding worldwide.
Show all investments...

LoftyInc Capital
VC Fund · Carmel, California, United States · 64 investments in Africa startups

LoftyInc Capital Management empowers Afropreneurs to build a prosperous and equitable future in Africa. We deliver value to both founders and investors.........

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Nigeria, Egypt

Investor stats

  • Total investments: 146
  • Lead/follow: no public data

Portfolio highlights

  • Aku — Aku is a financial technology to drive financial inclusion on one mobile device. They provide payments and bring financial services to the doorstep. They support the new business owner in need of the right tools. They offer low-cost, accessible financial services that serve their customers. They radically democratized access to banking and digitalpayment channels.
  • AlumUnite — AlumUnite is a purpose-built platform to connect all educated Africans to develop Africa's human capital through alumni groups. We crowd-resource education.
  • TechAdvance — Get the Bet9ja app today! Download and install to place bets, play casino games, and enjoy seamless, secure betting on mobile.
Show all investments...

Microtraction
VC Fund · Lagos, Lagos, Nigeria · 57 investments in Africa startups

We invest in Africa's most remarkable teams with technical founders at the earliest stage of their venture

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Nigeria, United States, Ghana

Investor stats

  • Total investments: 101
  • Lead/follow: no public data

Portfolio highlights

  • Paycrest — Paycrest decentralized payment routing protocol enabling secure conversion and settlement between stablecoins and fiat.
  • 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.
  • LemFi — Send money to India, China, Pakistan, Nigeria, Ghana, Kenya and 30 other countries. Receive and manage your money without stress
Show all investments...

Future Africa
VC Fund · San Francisco, California, United States · 53 investments in Africa startups

Future Africa is a collective of mission-driven founders and funders building unicorns to solve Africa’s biggest challenges. They are build a future where purpose and prosperity are within everyone’s reach.

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Investment focus

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

Investor stats

  • Total investments: 86
  • Lead/follow: no public data

Portfolio highlights

  • Edves — Edves automates the brick and mortal School operations from Student enrollment, Fee Collection, Lesson Note up to Transcript Generation.
  • Finclusion Group — Enhancing financial inclusion in Sub-Saharan Africa through data driven lending.
  • Nexford University — Transform your career with affordable, flexible degrees and job skills designed for today's workforce. Skip debt and learn at your own pace with Nexford.
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Musha Ventures
VC Fund · New York, New York, United States · 49 investments in Africa startups

Seed capital for technology startups globally.

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Investment focus

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

Investor stats

  • Total investments: 138
  • Lead/follow: no public data

Portfolio highlights

  • Regfyl — Powered by AI, Regfyl is the all-in-one fraud and compliance platform for financial institutions and fintechs. Regfyl allows these businesses to reduce costs and focus on higher value activities.
  • Flowcart — Sukhiba is a decentralized community-based commerce platform.
  • Orca Fraud — Orca empowers fraud fighters with effective tools to combat fraud
Show all investments...

Kepple Africa Ventures
VC Fund · Tokyo, Tokyo, Japan · 44 investments in Africa startups

We back exceptional founders in and from Africa who are addressing deep gaps between the status quo and the ideal.

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, Kenya, Egypt

Investor stats

  • Total investments: 77
  • Lead/follow: no public data

Portfolio highlights

  • Paps — Paps is a transport and logistics company that offers innovative distribution and delivery solutions to companies and merchants.The company's e-commerce platform helps companies and traders with scheduling and tracking deliveries on a real-time basis. It offers the distribution of documents and parcels, storage of goods in a secure warehousethat meets standards, and delivery of insured parcels in relay point or last mile. It also provides professional services such as management and repayment of cash on delivery, provision of couriers, management of returns, collection, and periodic reporting.The Dakar, Dakar, Senegal-based company was founded in 2016
  • Mvxchange — MVX makes freight shipping easier and more coordinated for companies of any size by bringing the whole booking and deployment process online. We simplify Africa’s end-to-end import and export trade transactions by aggregating and organizing 7+ services through 1 digital channel.
  • Intmax — INTMAX has developed significant innovations in ZK implementation making it a unique Layer2 rollup network that offers low cost, security, tunable privacy, and above all, scalability.
Show all investments...

Ingressive Capital
VC Fund · Lagos, Lagos, Nigeria · 42 investments in Africa startups

Ingressive Capital is a renowned $50M Pan-African Venture Capital Fund that invests in indigenous founders and startups across Africa, with focus on Egypt, Ghana, Kenya, Morocco, and Nigeria. Specializing in early-stage investments, particularly Pre-Seed and Seed stages, it targets technology companies led by top-tier talent driving transformativegrowth in Africa's GDP. The firm's thesis focuses on B2C solutions that cater to the explosive growth within the tech-enabled, decentralized-learning youth demographic, as well as B2B solutions that increase Africa’s value chain ownership from resource extraction to end-product sale. Its goal is to become becoming a highly valuable VC partner on the founders' cap tables, and being at the forefront of supporting and enabling entrepreneurial success across Africa.

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Nigeria, United States, Egypt

Investor stats

  • Total investments: 70
  • Lead/follow: no public data

Portfolio highlights

  • Nowlun — Search for cheap & fast freight prices from all shipping lines.
  • REasy — Top up locally, pay suppliers globally, and manage international shipments with REasy. Fast, secure, and designed for African businesses expanding worldwide.
  • Complete Farmer — Complete Farmer connects growers, buyers, and vendors with technology, support, and market access across Ghana and beyond.
Show all investments...

F6 Ventures
VC Fund · Tunis, Tunis, Tunisia · 41 investments in Africa startups

Flat6Labs is the MENA region’s leading seed and early stage venture capital firm, currently running the most renowned startup programs in the region. Annually, Flat6Labs invests in more than 100 innovative and technology-driven startups enabling thousands of passionate entrepreneurs to achieve their daring ambitions and ultimately becoming theirinstitutional co-founders.

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Investment focus

  • Industry: E-Commerce, Retail, FinTech
  • Stage:Pre-Seed, Seed
  • Geography: Tunisia, France

Investor stats

  • Total investments: 42
  • Lead/follow: no public data

Portfolio highlights

  • WeMove — WeMove is a fitness marketplace for daily gym passes. They develop innovative solutions that meet your sports issues.
  • Bako Motors SAS — Bako Motors SAS is a motor vehicle manufacturing company that develops solar electric vehicles. manufacturer of electric vehicles with the goal of creating long-term fixes for rural areas' transportation issues with regard to people, cargo, and machinery. The business makes electric cars as well as solutions for clean energy generation andstorage that are infinitely scalable, providing users with inexpensive and environmentally friendly e-mobility.
  • Insight Plus — Insight Plus is a foreign exchange platform that specializes in interconnecting global exchanges into one eco system.
Show all investments...

Access 48,091 investors

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

Browse database — It's Free!
Golden Palm Investments
VC Fund · Accra, Greater Accra, Ghana · 32 investments in Africa startups

Golden Palm Investments is an investment holding and advisory company.

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Investment focus

  • Industry: Information Technology, FinTech, Payments
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Nigeria, Egypt, Kenya

Investor stats

  • Total investments: 56
  • Lead/follow: no public data

Portfolio highlights

  • ILLA — ILLA Trucking for Logistics Solutions & Distribution
  • Maplerad — Maplerad is a fast, safe and easy way to send and receive money with friends, family or others you trust. You can receive and send money directly into any Nigerian bank account in minutes using Bitcoin, US Dollars, and Naira.
  • Jetstream Africa — Jetstream monitors inventory and goods-in-transit for trade creditors and banks.
Show all investments...

CRE Venture Capital
VC Fund · New York, New York, United States · 30 investments in Africa startups

Founded in 2015, CRE Venture Capital invests in early stage tech companies that are levered to Africa. CRE is headquartered in the New York metro area, with a regional office in Lagos, Nigeria.

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: South Africa, Nigeria, United States

Investor stats

  • Total investments: 56
  • Lead/follow: no public data

Portfolio highlights

  • Andela — Unlock the power of global tech talent with Andela. Hire experienced professionals quickly and cost-effectively. Build your team from our robust network of skilled specialists spanning 175 countries. Our AI-powered platform ensures a 96% talent match success rate. Get started now and hire with confidence.
  • Matta — Matta is a B2B platform offering a comprehensive, detailed marketplace for sourcing chemicals and materials efficiently and reliably
  • Cutstruct — Cutstruct is your one source for bulk construction materials purchase. Get the best prices for cement, steel, granite, sharp sand wood, and more.
Show all investments...

Enza Capital
VC Fund · Nairobi, Nairobi Area, Kenya · 28 investments in Africa startups

Venture investor in high-growth Founders and Teams using technology to solve large and meaningful problems across Africa

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Investment focus

  • Industry: Financial Services, Finance, E-Commerce
  • Stage:Seed, Series A
  • Geography: Kenya, Nigeria, South Africa

Investor stats

  • Total investments: 44
  • Lead/follow: no public data

Portfolio highlights

  • Yakeey — Yakeey is an end-to-end transactional marketplace that radically simplifies the experience of buying, selling and renting real estate.We leverage on data and technology to connect all real estate market players through a state of the art platform, create a chain of trust and powerful network effects and accelerate transactions.Yakeey is builton a community of real estate advisors, YakeeyPRO, to deliver a continuous professional and tailored service at every step of the transaction.
  • Hub2.Io — Welcome to HUB2, the leading FINTECH startup in interoperability and payment infrastructure in Francophone Africa. We are proud to work with all financial industry players in Africa who need stable and high-performing infrastructure, and contribute to their success.
  • Affinity — Join over 125,000 who trust the Affinity mobile app to manage their banking needs, from savings to payments, as well as instant loans
Show all investments...

Savannah Fund
VC Fund · Nairobi, Nairobi Area, Kenya · 26 investments in Africa startups

Savannah Fund is a seed capital fund specializing in US$25,000-US$500,000 investments in early stage high growth technology (web and mobile) startups in sub-Saharan Africa. Initially focused on East Africa, the fund aims to bridge the early stage/angel and venture capital investment gap that currently exists in Africa. The Fund expects toachieve this objective by combining capital with mentor networks both in the region and from Silicon Valley via an accelerator program and a follow-on independent seed fund.The fund is managed by an experienced and technology savvy team that have founded companies or are actively involved in angel investing or having run successful accelerator programs in past but also understand the unique Subsaharan African environment. They are backed and supported by both local, regional and international networks of angels,venture capitalists whose expertise we can draw on to help startups succeed and scale to fully fledged regional or global companies.They believe in the potential for Africa to become a global technology innovator by creating sustainable for profit companies that create jobs and make an impact.

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Investment focus

  • Industry: E-Commerce, FinTech, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Kenya, United States, South Africa

Investor stats

  • Total investments: 38
  • Lead/follow: no public data

Portfolio highlights

  • Oze — OZÉ brings African small businesses into the digital era. It is an app that makes it easy for businesses to track sales, expenses, and customer information. The data is analyzed to provide tailored recommendations, reports, and business education. If the entrepreneur needs a little extra support, an OZÉ Coach is just a click away. As they are usingOZÉ to manage their business and learn how to run it better, we are learning about them. Using this data and machine learning, we can predict their credit risk and provide them with affordable capital from our banking partners. With over 20,000 registered users, OZÉ is the largest online community of SMEs in Ghana. The most exciting thing is that OZÉ works; 97% of businesses that have used OZE for at least 9 months are growing or profitable or both!
  • Root — Launch digital and embedded insurance solutions with omni-channel distribution.
  • Afropolitan — Afropolitan is building a Network State to unleash the maximum potential of Africans around the world. Are you interested? Join us with your email.
Show all investments...

4Di Capital
VC Fund · Cape Town, NA - South Africa, South Africa · 26 investments in Africa startups

4Di Capital is an independent seed- and early-stage technology venture capital firm based in Cape Town, South Africa.Nurture capital is the term that best describes 4Di Capitalâ€:tm:s purpose and philosophy.We understand that in the early days of any business, support, mentoring and access to networks is just as important as seed capital.Using tried and tested international venture capital best practices, adapted for local use, we believe in entrepreneur-friendly finance without frills, and in working as a team with our investments to achieve their true potential.4Di Capital Early-Stage Technology Fund 1 targets startup investment opportunities with high growth potential at the seed- and early-stages in the mobile, enterprise software and web sectors.We look for founder teams with hungry passion, commitment, domain expertise and deep insights into the large market problems they wish to solve with their technology solutions.

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Investment focus

  • Industry: Software, Financial Services, Mobile
  • Stage:Seed, Series A, Pre-Seed
  • Geography: South Africa, United States, Kenya

Investor stats

  • Total investments: 37
  • Lead/follow: no public data

Portfolio highlights

  • Aerobotics — Powerful insights for precision growing and crop insurance
  • CompariSure — Custom, built-for-purpose service and sales chatbot solutions for financial services providers.
  • Happy Pay — Happy Pay is a credit scoring system developing company. The company integrates an autonomous artificial intelligence technology system with the merchant's platform to increase their average basket size and customer conversion metrics, providing users with buy now, and pay later services.
Show all investments...

GreenHouse Capital
VC Fund · Ikeja, Lagos, Nigeria · 26 investments in Africa startups

GreenHouse Capital’s Founding Partners took their own fintech company Venture Garden Group (VGG) from a 7 employee, ₦30 million revenue startup to a 200 employees, ₦2 billion power house in just 4 years and raised an attention grabbing Series A round from Convergence Partners of South Africa. The uniqueness of their position was not lost on thefounders who then cultivated Garden Institute of Business Entrepreneurs (GIBE) to identify, incubate, and invest in young and innovative tech startups solving global challenges in Emerging Markets. GIBE was created to build a world class talent management hub for young and passionate entrepreneurs while creating a pool of technology inclined businesses and innovation oriented leaders.

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Investment focus

  • Industry: Financial Services, FinTech, Payments
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, Kenya, United States

Investor stats

  • Total investments: 32
  • Lead/follow: no public data

Portfolio highlights

  • Credpal — Buy now, pay later. Split in 6.
  • Encore Pay — Encore Pay is a UAE-based FinTech and Payment solutions provider.
  • MarketForce — MarketForce connects Africa’s informal retail outlets and consumers directly to suppliers of consumer goods and financial services by digitizing orders, delivery, and payments with the aim of solving the last mile distribution challenge.
Show all investments...

Pearl Capital Partners
VC Fund · Kampala, Kampala, Uganda · 24 investments in Africa startups

Pearl Capital Partners is a specialist agriculture investment firm that has been investing in small and medium sized East African agribusinesses since 2005. Pearl Capital Partners investments generate financial returns for our investors while creating significant social impact. Pearl Capital Partners success is derived from working with ambitiousmanagement teams, providing supportive investment structures and specialist expertise that create high-growth agribusinesses.

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Investment focus

  • Industry: Agriculture, Farming, Food Processing
  • Stage:Private Equity, Debt Financing, Seed
  • Geography: Uganda, Kenya, Malawi

Investor stats

  • Total investments: 36
  • Lead/follow: no public data

Portfolio highlights

  • Enimiro — Enimiro is creating an online farming platform in form of a mobile App to connect Ugandan smallholder farmers with local investors to increase harvest while enabling urban people to invest into farming and earn proceeds at just a click of a button.
  • Kamp Feed — Kamp Feed is a food producer of nutritional animal feeds that specializes in pelleted animal feeds.
  • Newman Foods — Newman Foods is an agro-processing company that manufactures, exports, and supplies a comprehensive range of fresh agricultural products. Newman Foods Ltd is a Kampala-based agro-processing company whose primary business is producing and marketing branded consumer foods sold through retail stores in the local and the regional market, as well asaggregation and export of fresh fruits and vegetables (FFV) to the European market.
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4DX Ventures
VC Fund · Brooklyn, New York, United States · 24 investments in Africa startups

4DX Ventures is a Pan-Africa Focused Venture Capital Firm. Our mission is to connect people, ideas, and capital to create a vibrant African community.

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Investment focus

  • Industry: FinTech, Logistics, Financial Services
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Egypt, United States, Nigeria

Investor stats

  • Total investments: 75
  • Lead/follow: no public data

Portfolio highlights

  • Suplyd — Suplyd is a comprehensive digital solution that bridges the gap between restaurant operators and their suppliers in order to disrupt an untouched market with extreme fragmentation and resolve the problem end-to-end.
  • Aether Bio — Aether uses its state of the art platform to rapidly engineer enzymes, enabling our customers to manufacture complex and novel products at fractional cost.
  • Franc — Franc is the easiest way to save & invest. Our app doesn’t require any investment knowledge & our friendly risk quiz helps us understand how much investment risk is right for you. Users can start investing in less than 2 minutes. There is no minimum requirement & no paperwork. It is a seamless digital experience end-to-end. A usersimply chooses a goal, selects an investment strategy, verifies their identity & makes a deposit. Each user is recommended a personalised investment strategy for each investment goal, combining money market & index tracking ETFs. Our helpful calculators assist clients with their budgeting, retirement & targeted savings needs. We also provide free access to our online academy & fun financial literacy quizzes.We know saving is hard & investing can be scary, which is why we create savings groups & challenges so that users can encourage one another. We also run weekly competitions where users can stand a chance to win a cash prize that will boost their investments.
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MNF Ventures
VC Fund · Casablanca, Grand Casablanca, Morocco · 24 investments in Africa startups

MNF Ventures is a venture capital fund based in Morocco, investing in Seed, Pre-Series A and Series A startups. Tickets size can go up to USD 1M. We invest in tech startups operating in Fintech/Insurtech, EdTech, Regtech, HealthTech, Biotech, EnergyTech Cybersecurity, SaaS... Startups have either to be based in Morocco, or be based worldwideif at least one of the founders is a Moroccan citizen. MNF Ventures manages Maroc Numeric Fund and Maroc Numeric Fund II.

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Investment focus

  • Industry: Online Portals, FinTech, Enterprise Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Morocco, France, Canada

Investor stats

  • Total investments: 31
  • Lead/follow: no public data

Portfolio highlights

  • Logidoo — Logidoo is a digital logistics marketplace-designed company that markets shuttles through smart logistics. The company's platform, which provides rapid, dependable, secure, and economical logistics, allows users to compare offers for sending and receiving items and to track parcels in real-time.
  • ZSystems — ZSystems is a transformative super app designed to redefine B2B trade.
  • Upfund — Upfund is a real estate company that provides reliable data on office, retail, and business premises. Upfund is a digital solution designed to respond to most commercial real estate business issues. They develop tools perfectly adapted to clients' requests in a remarkable time. Founded in 2022 and is located in Paris, France.
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Consonance Investment Managers
VC Fund · Lagos, Lagos, Nigeria · 24 investments in Africa startups

We are an investment company focused on helping early and growth-stage entrepreneurs build successful companies in Africa.

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Investment focus

  • Industry: Software, Information Technology, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 31
  • Lead/follow: no public data

Portfolio highlights

  • Releaf Earth — We are industrializing food processing in Africa. We've led 1000+ smallholder farmers to provide food factories with >7.5 million kilograms of quality crops.
  • Tripesa — Tripesa offers payment solutions for Africa's travel and tourism industry.
  • Plural — Smarter, Faster, Future-Ready Policy Strategy. Plural transforms how enterprises and organizations anticipate and act on legislation. Our AI-powered platform delivers accurate bill analysis, policy insights, and stakeholder intelligence so you can stay ahead of risk, seize opportunity, and shape outcomes. See How It Works Book A Demo Trusted By Deepen Your State & Federal Legislative
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Mercy Corps Ventures
VC Fund · Portland, Oregon, United States · 23 investments in Africa startups

Mercy Corps Ventures invests in and catalyzes venture-led solutions to increase the resilience of underserved individuals and communities. Founded in 2015 as the impact investing arm of global development agency, Mercy Corps, supports over 57 early-stage ventures to scale and raise over $515 million in follow-on capital. Their portfolio centersaround resilience-building solutions in adaptive agriculture and food systems, inclusive climate fintech, and climate-smart technologies so that those living in frontier markets can withstand disruption and plan for the future. Through capital and support, piloting new approaches, action-oriented insights, and rigorously managing impact, they catalyze the ecosystem toward smarter, more impactful investments.

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Investment focus

  • Industry: Financial Services, FinTech, Agriculture
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Kenya, United States, Colombia

Investor stats

  • Total investments: 66
  • Lead/follow: no public data

Portfolio highlights

  • TAPPI — TAPPI is the leading association for the worldwide pulp, paper, packaging, and converting industries and publisher of Paper360º.
  • Blooms — Blooms provides trade finance and global payments solutions for LatAm produce exporters.
  • Ábaco — We're reinventing financial services with capital, payments & platform solutions so every growing company can reach their full potential.
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HAVAÍC
VC Fund · Cape Town, NA - South Africa, South Africa · 23 investments in Africa startups

HAVAÍC is an investment and advisory firm that specialises in early-stage, high-growth African businesses with proven concepts and global prospects, offering investment opportunities to sophisticated investors and international venture capital companies with an interest in Africa. As a complementary offering, HAVAÍC provides corporate advisory andcapital raising services to emerging, internationally scalable businesses.

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Investment focus

  • Industry: Software, Health Care, FinTech
  • Stage:Seed, Series A
  • Geography: South Africa, United States, Kenya

Investor stats

  • Total investments: 42
  • Lead/follow: no public data

Portfolio highlights

  • NjiaPay — Payments-as-a-Service platform that will streamline your operations and elevate your online payments across the African continent.
  • Talk360 — Talk360 is an easy-to-use calling app that helps people make affordable international calls to any mobile and landline number. They believe that reliable communication and digital services must be affordable and accessible to everyone, regardless of someone's background. Especially people in emerging countries in Africa, who often need theseservices the most, do not always have the necessary banking possibilities. To bridge this distance, Talk360 will launch the world's first single checkout platform for Africa. This platform will combine all locally available payment methods and currencies across Africa, together with over 1.25 million cash points of sales, and will eventually be available to other companies as well. This means that 500 million Africans will be able to purchase digital services they never had access to before.
  • Right Now Response — The future of repairs starts soon. Counting down to smarter tracking in 2025! There are perks to working 24/7, 365 days a year... Like launching the future of repairs ahead of schedule!
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Ground Squirrel Ventures
VC Fund · Boston, Massachusetts, United States · 23 investments in Africa startups

Seed round investment in frontier markets and clean energy

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Investment focus

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

Investor stats

  • Total investments: 70
  • Lead/follow: no public data

Portfolio highlights

  • Grapevine — Grapevine makes it possible for groups to invite members, collect and distribute donations, establish a community and connect with nonprofits.
  • MindMics — Discover MindMics. The world's most accurate personal heart health monitor and well-being platform. Look after your heart health to live longer and better.
  • Untapped Global — Untapped connects global investors, and foreign capital to opportunities in emerging markets. Delivering competitive returns, and measurable impact for global investors.
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Novastar Ventures
VC Fund · Nairobi, Nairobi Area, Kenya · 23 investments in Africa startups

For the many, not just the few. For good.

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Investment focus

  • Industry: Agriculture, Internet, Health Care
  • Stage:Series A, Series B
  • Geography: Kenya, Nigeria, United States

Investor stats

  • Total investments: 54
  • Lead/follow: no public data

Portfolio highlights

  • BasiGo — BasiGo is an early-stage e-mobility start-up looking to revolutionize the public transportation sector by providing matatu owners with a cost-effective electric alternative to diesel buses.
  • Turaco — Turaco develops simplified insurance and credit solutions through mobile technology to solve the healthcare financing needs. Turaco has simplified insurance products and also provides on-demand health loans, allowing customers to get healthcare at affordable monthly premiums.
  • MoKo Home + Living — MoKo Home is your plug for Modern Sofas, Quality Mattresses, Beds & affordable home furniture in Kenya. Order furniture online and we deliver
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Proparco
VC Fund · Paris, Ile-de-France, France · 22 investments in Africa startups

Proparco is devoted to private sector funding in the sustainable development sector.

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Investment focus

  • Industry: Financial Services, Energy, Finance
  • Stage:Debt Financing, Seed
  • Geography: India, Kenya, Mauritius

Investor stats

  • Total investments: 80
  • Lead/follow: no public data

Portfolio highlights

  • Moniepoint — Moniepoint provides an all-in-one payments, banking and operations platform for businesses and their customers.
  • 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.
  • Delta Holdings — Delta Holdings specialises in strategic global investments and active management of subsidiaries in the speciality chemicals business.
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E3 Capital
VC Fund · Paris, Ile-de-France, France · 20 investments in Africa startups

E3 Capital invests in growing, entrepreneurial businesses in Sub-Saharan Africa addressing the lack of electrification in the region with new technology and innovative business models. The fund is backed by Schneider Electric, the leading energy management multinational, and a number of public-sector investors.

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Investment focus

  • Industry: Solar, Energy, Agriculture
  • Stage:Seed, Series A, Series B
  • Geography: Kenya, United States, Mali

Investor stats

  • Total investments: 44
  • Lead/follow: no public data

Portfolio highlights

  • GoCab — GoCab is fintech solution providing Drive-to-own option for vehicle purchase in Emerging markets, helping to bridge the gap between mobility entrepreneurs and financial services.
  • Insight Terra — Insight Terra supports data driven risk management in critical situations where business operations, people and the environment all come together.
  • Cutstruct — Cutstruct is your one source for bulk construction materials purchase. Get the best prices for cement, steel, granite, sharp sand wood, and more.
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EchoVC Partners
VC Fund · Lagos, Lagos, Nigeria · 20 investments in Africa startups

EchoVC Partners is a seed and early-stage venture capital firm focused on financing and cross-pollinating leading technologies, teams, business models, and knowledge across North America, Africa, and SE Asia. The average investment size ranges from $25,000 to several million dollars depending on the stage of opportunity and capital needs of thebusiness.

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Investment focus

  • Industry: Information Technology, Software, E-Commerce
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Nigeria, Kenya

Investor stats

  • Total investments: 49
  • Lead/follow: no public data

Portfolio highlights

  • Kukua — Empowering today's generation of children through entertainment Stories and characters fundamentally change and reaffirm how children see themselves in the world. At Kukua we blur the worlds of entertainment and education
  • TRADE X — TRADE X offers Dealers an interactive and fully encompassing global automotive trading platform.
  • GraphScience — Since 2005, we have helped thousands of people get the perfect domain name.
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UNCOVERED FUND
VC Fund · Tokyo, Tokyo, Japan · 19 investments in Africa startups

UNCOVERED FUND is a venture capital firm that leads the creation of industries in Africa and other emerging countries.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, Kenya, United States

Investor stats

  • Total investments: 28
  • Lead/follow: no public data

Portfolio highlights

  • Chari — Chari is an e-commerce and fintech app for traditional retailers in French-Speaking Africa allowing them to order any consumer goods they sell and get delivered for free in less than 24 hours. Chari is also a financial services provider for these retailers, offering them microloans
  • Mecho — Mecho is an on-demand auto repair and maintenance platform for individuals and businesses in Africa.
  • Termii — Termii is an online platform that helps teams secure repeat customers by sending personalized emails and SMS through multiple.Termii helps African businesses communicate with customers across SMS, email, voice, and instant messaging channels. The company was founded in 2014 and is based in Lagos, Nigeria.
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First circle capital
VC Fund · Casablanca, Grand Casablanca, Morocco · 19 investments in Africa startups

First Circle Capital is a venture capital firm seeding the next fintech generation in Africa.

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Pre-Seed, Seed
  • Geography: Nigeria, Egypt, United States

Investor stats

  • Total investments: 35
  • Lead/follow: no public data

Portfolio highlights

  • PayTic — PayTic enables payments issuers to manage their card programs by providing dedicated back-office solutions that streamline the end-to-end operations in customer support, chargebacks, fraud, AML, reporting, and reconciliation. Our proprietary solutions are unique in automating and centralizing the program management processes, regardless of thenumber of processors and the payment networks involved in the payments products. We impact payments providers by eliminating the defragmented and manual processes and replacing them with a SaaS platform that increases proactivity, mitigates risks, and delivers value. It reduces the burn rate to near 0 in operational costs and offers an unprecedented competitive advantage. PayTic is introducing the Zero Ops model in managing payments.
  • Pumpkn — Need reliable funding? We provide quick loans and capital tailored for Agriculture businesses in South Africa. Grow your business with Pumpkn. Apply now!
  • Scale — Scale accelerates market entry and revenue for fintechs with a people-first approach.
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DOB Equity
VC Fund · Veessen, Gelderland, The Netherlands · 19 investments in Africa startups

DOB Equity is a private equity firm specializing in growth capital and buy-and-build strategies in small and medium companies.

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Investment focus

  • Industry: Food and Beverage, Farming, Health Care
  • Stage:Private Equity, Seed
  • Geography: Kenya, Rwanda, Uganda

Investor stats

  • Total investments: 48
  • Lead/follow: no public data

Portfolio highlights

  • FarmWorks — FarmWorks is an agricultural technology company that gives farmers access to farm inputs as well as a market for the produce .FarmWork is to unlock agricultural potential by building clusters of mid-sized farms while working with thousands of small-holder farmers and establishing direct linkage to local and global markets.
  • Ilara Health — Ilara Health helps primary care clinics across Africa deliver better care.
  • Spouts of Water — SPOUTS mission is to manufacture and distribute ceramic water filters to provide everyone in Uganda with safe water.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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AfricInvest
VC Fund · Tunis, Tunis, Tunisia · 19 investments in Africa startups

AfricInvest was founded in 1994 and is part of Integra Group, an investment and financial services company based in Tunisia.Uniquely positioned as one of the most experienced private equity investors on the continent, AfricInvest has dedicated investment teams focused on North Africa and Sub-Saharan Africa, and employs 66 professionals based inseven offices.AfricInvest manages USD1 billion across 16 funds and benefits from strong, long-term support from both local and international investors, including leading development finance institutions in the United States and Europe.Having co-founded the African Venture Capital Association (AVCA) as well as the Middle East North Africa Private Equity Association (MENAPEA) and the Euromed Capital Forum, the firm is an active promotor of the private equity industry in the region.Since 1994, AfricInvest has invested in 135 companies across 25 African countries in a variety of high growth sectors and maintains a broad network of high quality executives across Africa, offering extensive expertise in key growth industries, including financial services, agribusiness, consumer/retail, education and healthcare.

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Investment focus

  • Industry: Financial Services, Manufacturing, FinTech
  • Stage:Private Equity, Series A
  • Geography: Tunisia, Kenya, Morocco

Investor stats

  • Total investments: 101
  • Lead/follow: no public data

Portfolio highlights

  • ArabyAds — ArabyAds offers a suite of enterprise-level B2B ecommerce automation platforms that deliver the most promising, responsive and performance-oriented digital advertising technologies.
  • Aerobotics — Powerful insights for precision growing and crop insurance
  • RAYNAL Assurances — RAYNAL Assurances operates as an insurance company. RAYNAL Assurances underwrites a large range of non-life insurance risks associated to automotive, health, accident, fire, transport, and other multi-risks, addressing a clientele composed of both corporate and retail customers.
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P1 Ventures
VC Fund · San Francisco, California, United States · 18 investments in Africa startups

P1 Ventures works as a venture capital firm. They specialize in early-stage industrial technology firms in Africa.

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Investment focus

  • Industry: Financial Services, Software, Payments
  • Stage:Seed, Pre-Seed, Series B
  • Geography: Egypt, Kenya, United States

Investor stats

  • Total investments: 41
  • Lead/follow: no public data

Portfolio highlights

  • Chari — Chari is an e-commerce and fintech app for traditional retailers in French-Speaking Africa allowing them to order any consumer goods they sell and get delivered for free in less than 24 hours. Chari is also a financial services provider for these retailers, offering them microloans
  • Paymee — Paymee offers a solution to facilitate payments.
  • Reliance Health — Reliance Health Global. Improve the lives of your staff with innovative company healthcare benefits fit for any business. You can rely on us.
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TLcom Capital Partners
VC Fund · London, England, United Kingdom · 18 investments in Africa startups

TLcom Capital, is an Africa focused tech VC, with offices in Lagos, Nairobi and London. TLcom had been investing since 1999 in Tech, Media, Mobil and Internet companies across Europe, US and Africa, which is the exclusive focus of its most recent TLcom TIDE Africa funds. TLcom manages total commitments of approximately 300 million USD in thesesectors via a series of dedicated investment vehicles. Our investment strategy is to identify, back and assist world class entrepreneurs and management teams with disruptive technologies and business models, compelling intellectual property and deep market knowledge. We primarily target companies focused on Africa as a prime market, in the following investment themes: Access to Data Service; Financial Services; eCommerce; B2C applications (including but not limited to: health, education, energy, media and entertainment); and Software solutions to corporates and SMEs.

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Investment focus

  • Industry: Software, Mobile, Information Technology
  • Stage:Series A, Seed
  • Geography: Nigeria, United States, United Kingdom

Investor stats

  • Total investments: 56
  • Lead/follow: no public data

Portfolio highlights

  • Hub2.Io — Welcome to HUB2, the leading FINTECH startup in interoperability and payment infrastructure in Francophone Africa. We are proud to work with all financial industry players in Africa who need stable and high-performing infrastructure, and contribute to their success.
  • Talstack — Talstack is an all-in-one platform for employee growth and development
  • littlefishapp — Full stack enterprise platform that extends your infrastructure, instead of replacing it.
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Reflect Ventures
VC Fund · Menlo Park, California, United States · 18 investments in Africa startups

Reflect Ventures makes venture capital investments in high-potential startups at the seed and series A/B+ stages. We identify extraordinary founders, companies and opportunities around the world, including in emerging and frontier markets. Our LPs comprise family offices, institutional investors and HNWIs on six continents, along withrecognized sector experts who are instrumental to our portfolio companies' future growth.

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Investment focus

  • Industry: Logistics, Information Technology, E-Commerce
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Pakistan, United States, Nigeria

Investor stats

  • Total investments: 56
  • Lead/follow: no public data

Portfolio highlights

  • GoCement — Tempatnya jual beli bahan bangunan online terlengkap berkualitas dan harga murah di Indonesia. Cari kebutuhan alat dan bahan bangunanmu, hanya di GoCement
  • Moneco — Moneco is a financial application that aims to provide financial products.
  • VIVAN Therapeutics — VIVAN Therapeutics, a company pioneering personalized cancer therapeutics using a new assay technology. MPT licensed technology from the Center for Personalized Cancer Therapeutics at Mt Sinai New York and is launching the world’s most comprehensive, personal genomics-based, block-chain enabled drug screening service. All recommended treatmentcombinations will include a cancer drug and a non cancer drug, making treatments less toxic and more affordable. Intelligently designed personalized treatment. Revolutionary cancer care.
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VestedWorld
VC Fund · Chicago, Illinois, United States · 18 investments in Africa 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, Farming, E-Commerce
  • Stage:Seed, Series A, Series B
  • Geography: Nigeria, Kenya, Ghana

Investor stats

  • Total investments: 25
  • Lead/follow: no public data

Portfolio highlights

  • EMTECH — EMTECH is a fintech company that modernizes central banks for financial inclusion and resilience. It offers design and builds services for digital currency-based solutions customized for their economy. The company was founded in 2019 and is based in New York, New York.
  • Complete Farmer — Complete Farmer connects growers, buyers, and vendors with technology, support, and market access across Ghana and beyond.
  • 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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Partech
VC Fund · Paris, Ile-de-France, France · 17 investments in Africa startups

Partech is a global venture capital firm with offices in San Francisco, Paris, Berlin and Dakar. Partech invests in Internet and information technology startups at seed, venture and growth stages.

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Investment focus

  • Industry: Software, E-Commerce, SaaS
  • Stage:Series A, Seed, Series B
  • Geography: United States, France, Germany

Investor stats

  • Total investments: 510
  • Lead/follow: no public data

Portfolio highlights

  • Djamo — Djamo is a Provider of financial applications to allow customers to use their cards with zero fees in a wide range of services.
  • Yampa — Discover yampa's autonomous AI agents and revolutionize your customer experience. Elevate your service with the most advanced AI technology.
  • HostnFly — HostnFly develops algorithms to optimize the income from rented apartments on Airbnb. The company also offer Parisians to take care of their apartment rental by guaranteeing an income.
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Raba Partnership
VC Fund · Cape Town, NA - South Africa, South Africa · 17 investments in Africa startups

The Raba Partnership, Raba Capital, Raba

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, South Africa, Egypt

Investor stats

  • Total investments: 55
  • Lead/follow: no public data

Portfolio highlights

  • Cloudline — Cloudline leverages lighter-than-air technology and the latest developments in unmanned aerial vehicles to deliver essential goods and services to the 1 billion people without direct access to roads and runways.
  • Cloudline — The all-in-one cloud platform helping leisure businesses sell more, reduce costs & personalize experiences.
  • Fuse Financial Technologies — Financial APIs for building products in the Middle East.
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Lateral Frontiers
VC Fund · New York, New York, United States · 17 investments in Africa startups

Lateral Capital is a mission driven venture fund investing in early and growth stage opportunities in Africa. We back companies that provide foundational technologies for the continent. We make debt and equity investments technology-enabled businesses that profitably solve significant pain points across financial services, healthcare, education,energy, agriculture, housing, logistics, mobility and more.

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Investment focus

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

Investor stats

  • Total investments: 37
  • Lead/follow: no public data

Portfolio highlights

  • CNote — CNote makes initial Cash Deposits easy for corporations, foundations, and individuals. Align your financial goals with your values and drive change in communities.
  • Rhaeos — Rhaeos, the world's first wearable shunt monitor, aims to improve the quality care for patients with hydrocephalus through a novel, thermal biosensor. Developed within Northwestern University with collaboration between Dr. John Rogers, McCormick School of Engineering, Feinberg School of Medicine and Kellogg School of Management, Rhaeosrepresents a unique multidisciplinary translational effort for an important clinical need.
  • Wattnow — Wattnow is a real-time monitoring solution that provides a breakdown of energy spending to identify wasteful trends.
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Renew Capital
VC Fund · Addis Ababa, Adis Abeba, Ethiopia · 17 investments in Africa startups, 11 in the past 12 months

Renew Capital is an Africa-focused investment firm that addresses critical gaps for Africa’s growing businesses and connects them to a global network of impact investors.

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Investment focus

  • Industry: Mobile Apps, Financial Services, Finance
  • Stage:Pre-Seed, Seed
  • Geography: Uganda, Kenya, Ethiopia

Investor stats

  • Total investments: 26
  • Lead/follow: no public data

Portfolio highlights

  • Bosso — Bosso projects and realizes automation and robotic solutions for the growth of your business.
  • Chpter — Chpter is a software development company that offers fast billing and checkout to help start, run, and grow a business.
  • Level Africa — Digital Investment Marketplace for Africa
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Acumen
VC Fund · New York, New York, United States · 16 investments in Africa 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, Health Care, Financial Services
  • Stage:Seed, Series A
  • Geography: United States, India, Kenya

Investor stats

  • Total investments: 149
  • Lead/follow: no public data

Portfolio highlights

  • BURN — The future of clean cooking
  • Juhudi Kilimo — Juhudi Kilimo is a social enterprise that provides asset financing and technical assistance to smallholder farmers and small-to-medium agro-businesses.
  • 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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CDG Invest
VC Fund · Rabat, Rabat-Sale-Zemmour-Zaer, Morocco · 15 investments in Africa startups

CDG Invest is the investment branch of the CDG group. CDG Invest acts both as an investment manager for its own account following both financial and strategic logic, as well as as a fund manager for third parties. CDG Invest intervenes in various key sectors of the Moroccan economy: industry, agro-food, digital/digital, renewable energy, andterritorial PPP and with various segments of companies.

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Investment focus

  • Industry: Apps, Software, Internet
  • Stage:Pre-Seed, Seed
  • Geography: Morocco, France, Switzerland

Investor stats

  • Total investments: 27
  • Lead/follow: no public data

Portfolio highlights

  • Yakeey — Yakeey is an end-to-end transactional marketplace that radically simplifies the experience of buying, selling and renting real estate.We leverage on data and technology to connect all real estate market players through a state of the art platform, create a chain of trust and powerful network effects and accelerate transactions.Yakeey is builton a community of real estate advisors, YakeeyPRO, to deliver a continuous professional and tailored service at every step of the transaction.
  • VelyVelo — Discover VelyVelo, the specialist in the rental, servicing and maintenance of electric bicycles for professionals in Paris, Lyon, Bordeaux and Marseille.
  • Userguest.com — Userguest is a Travel SaaS company that provides technology to hotels in order to improve their online revenue. Our smart tool applies RevMarketing Automation to hotel website, by matching a user’s booking intent with the hotel’s inventory priorities. We display personalized incentives to boost hotel revenue where it counts.
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GreenTec Capital Partners
VC Fund · Frankfurt, Hessen, Germany · 15 investments in Africa startups

GreenTec Capital Partners is Germany's premier investor into African start-ups and SMEs. GreenTec invests through its unique Results4Equity model, acting as a co-founding partner that is only compensated on business success.

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Investment focus

  • Industry: Information Technology, Retail, Computer
  • Stage:Seed, Pre-Seed
  • Geography: Kenya, Nigeria, Morocco

Investor stats

  • Total investments: 24
  • Lead/follow: no public data

Portfolio highlights

  • Ecodudu — Ecodudu is a waste-to-value company. It uses a proprietary innovation to recycle organic waste into high-protein animal feed and organic fertilizer using the black soldier fly. It harnesses insects (nature’s recycling agents) to address global issues which include waste management, demand for protein, and environmental conservation.
  • Asilimia — Asilimia is a simple, fun mobile app for sending money through M-PESA quickly and without any transaction fees. Simply deposit money to your M-PESA, download Asilimia and send money for free to any other M-PESA account.
  • ShapShap — ShapShap enhances delivery experience through its commission-based marketplace by assigning efficient orders to drivers to ensure their sustainability and scalability.
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Finnfund
VC Fund · Helsinki, Southern Finland, Finland · 15 investments in Africa startups

Finnfund is a Finnish development finance company that provides long-term risk capital for private projects in developing countries. Apart from co-investing with Finnish companies they can finance ventures that use Finnish technology, cooperate with Finnish partners on a long-term basis or generate major environmental or social benefits.

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Investment focus

  • Industry: Financial Services, Energy, FinTech
  • Stage:Debt Financing, Series B
  • Geography: Kenya, India, South Africa

Investor stats

  • Total investments: 63
  • Lead/follow: no public data

Portfolio highlights

  • Igloo — As a top insurtech company, Igloo makes insurance easy across Southeast Asia by working with reputable insurers and distribution partners.
  • Netwey — Netwey is a telecommunications company that offers services including mobile internet, internet home, and telephony.
  • TPL Insurance — TPL Insurance is a Pakistan's first direct insurance company that take care of all insurance related matters.
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Chandaria Capital
VC Fund · Nairobi, Nairobi Area, Kenya · 15 investments in Africa 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, Retail, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Kenya, United States, Nigeria

Investor stats

  • Total investments: 29
  • Lead/follow: no public data

Portfolio highlights

  • Leta — Leta Technology is a software development company that creates supply chain and logistics software to enable the efficient and automated movement of goods.
  • Savannah Brands — Savannah Brands is a food & beverage company.
  • UTU Technologies — Trust infrastructure for the sharing economy.
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EDFI ElectriFI
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 15 investments in Africa startups

Impact investment in sustainable energy

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Investment focus

  • Industry: Energy, Solar, Renewable Energy
  • Stage:Debt Financing, Series A
  • Geography: United States, Kenya, Nigeria

Investor stats

  • Total investments: 56
  • Lead/follow: no public data

Portfolio highlights

  • WeLight — WeLight deploys sustainable and accessible solutions to accelerate energy inclusion in rural areas of Africa.
  • Solarise Africa — Solarise Africa is a pan African energy leasing company for solar PV and other energy assets focusing on Commercial and Industrial (C&I) clients. Its business model is designed for scalability. Solarise Africa focuses on providing smart financing through close collaboration with a selected group of partners across solar and other renewableenergy technologies. For solar PV it is focusing on captive rooftop and ground mounted solar projects ranging from 100kW to 3MW. It is currently active in Kenya, looking to open in South Africa and has plans to expand into East, Southern and West Africa.
  • Amped Innovation — At Amped Innovation, we design breakthrough products for people living on less than four dollars per day. Our first product, the Blossom, is a solar home power system which is the lowest-cost and highest-performance product in its class, at one third the price and twice the power handling of competing systems. We built the Blossom with asoftware-enabled Pay-As-You-Go interface, which allows customers to purchase it in payment installments that are equivalent to what they currently spend on kerosene, while providing much more light, cell-phone charging, and ability to run appliances like televisions and sewing machines.
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True Capital Management
VC Fund · San Francisco, California, United States · 15 investments in Africa startups

Achieve your financial goals & build generational wealth with our entertainer & athlete wealth management services. Offering comprehensive financial planning.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Nigeria, Canada

Investor stats

  • Total investments: 131
  • Lead/follow: no public data

Portfolio highlights

  • MoonPay — MoonPay offers a fast and simple way to buy and sell cryptocurrencies. Buy crypto with credit card, bank transfers or Apple Pay today.
  • StackAI — Stack AI supercharges businesses. Deploy AI-powered applications in minutes, automate processes, and skyrocket productivity by connecting LLMs to data sources using Stack AI's no-code platform. Export your work with user-centric interfaces (chatbots and forms) and developer-friendly APIs.
  • Kapital — Kapital empowers SMBs with a tech-banking platform giving visibility and control of their treasury, and their employees
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Accion Ventures
VC Fund · Washington, District of Columbia, United States · 15 investments in Africa startups

Accion Ventures is an investment strategy that today pursues early-stage investments as part of Accion Impact Management.

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Seed, Series A
  • Geography: India, United States, Mexico

Investor stats

  • Total investments: 119
  • Lead/follow: no public data

Portfolio highlights

  • Lami — Lami is an end-to-end digital insurance platform and API that enables companies across sectors to offer insurance products. Its API allows underwriters to connect with consumer-facing companies that can provide embedded insurance as a value add for existing customers, many of whom are uninsured.
  • Agrim Wholesale — Leading B2B platform for agricultural input retailers and suppliers.
  • Cashinvoice — Cashinvoice connects supply chain stakeholders and digitises invoice-to-cash processes to unlock working capital trapped within supply chains and accelerate business growth
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HoaQ
VC Fund · Dublin, Dublin, Ireland · 14 investments in Africa startups

Startup Investment Club

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Investment focus

  • Industry: FinTech, Financial Services, Internet
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Nigeria, United Kingdom, Togo

Investor stats

  • Total investments: 25
  • Lead/follow: no public data

Portfolio highlights

  • Clafiya — Clafiya connects patients to health practitioners to provide fast and affordable on-demand primary care services in Africa.
  • Chowdeck — Order food, groceries, drinks, medicines & everyday essentials from top restaurants, pharmacies, local markets, and stores near you. Fast delivery with Chowdeck.
  • Klas — Anyone, anywhere can teach online. Create & sell your ebooks, courses, and live classes- all on Klas.
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Oui Capital
VC Fund · Belmont, Massachusetts, United States · 14 investments in Africa startups

Oui Capital is an Africa-focused VC firm backing tech-enabled businesses at the pre-seed & seed stage.

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Investment focus

  • Industry: Transportation, Financial Services, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Kenya, Nigeria, United States

Investor stats

  • Total investments: 26
  • Lead/follow: no public data

Portfolio highlights

  • Duplo — We enable businesses across Africa to simplify their payment flows.
  • Cauridor — Cauridor is a Financial Services company.
  • Herconomy (Ex AGS Tribe) — Herconomy is a platform that allows women build their finances, capacity, collaborate and access opportunities.
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Unpopular Ventures
VC Fund · San Francisco, California, United States · 14 investments in Africa startups

The best companies, off the beaten path.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, India, Mexico

Investor stats

  • Total investments: 227
  • Lead/follow: no public data

Portfolio highlights

  • Foodology — Foodology creates and operates digital restaurant brands made for delivery.The company aims to be a delivery-focused restaurant group in Latam. With its portfolio of virtual brands operated through cloud kitchens, Foodology strives to create a best in class delivery experience for its customers.The company was founded in 2019 by HarvardBusiness School classmates Daniela Izquierdo and Juan Guillermo Azuero.
  • Kyte — Kyte delivers rental cars straight to your door. We deliver and pick up the vehicle. No lines, no paperwork, freedom to explore. Fully flexible. Book today!
  • EQUIP — In the region, SMB construction companies, which represent 90% of the market buy supplies manually at local hardware stores or retailers at high markup prices, which affects access to housing in LatAm. EQUIP’s platform offers a more efficient and cost-effective alternative, allowing construction companies to buy all the materials they need, get thedelivery and credit, all in one place.Our founding team has strong tech and construction backgrounds. Our investors include Pareto VC, Unpopular VC, GG Capital and angels from Rappi, Mercado Libre, and Amazon.
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