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Top 15 VC Funds & Investors in Mali (July 2026)

The most active venture capital funds investing in Mali startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Mali startup companies. Find investors to raise a Seed, Series A or Debt Financing round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
E3 Capital
VC Fund
3 Kenya, South Africa, United States Seed, Series A, Series B Energy, Solar, Renewable Energy $900k–$40M
Mercy Corps Ventures
VC Fund
3 Kenya, United States, Nigeria Seed, Pre-Seed, Series A Financial Services, FinTech, Agriculture $100k–$35M
AfricInvest
VC Fund
2 Tunisia, Kenya, Morocco Private Equity, Series A Financial Services, Manufacturing, FinTech $6.5M–$65M
Triodos Bank
VC Fund
2 India, Germany, Kenya Debt Financing, Series A Financial Services, Energy, Solar $3.6M–$80M
Agri-Business Capital Fund (ABC Fund)
VC Fund
1 Uganda, Nigeria, Mali Debt Financing, Venture - Series Unknown Farming, Financial Services, Supply Chain Management $257k–$2.1M
UNICEF Innovation Fund
VC Fund
1 India, Kenya, Argentina Grant, Seed, Non-Equity Assistance Software, Health Care, Artificial Intelligence $30k–$101k
Newfund
VC Fund
1 France, United States, Canada Seed, Series A Software, Information Technology, SaaS $1.1M–$15M
Resilience
VC Fund
1 United States, Mali, United Kingdom Seed, Series A, Series B Biotechnology, B2B, IaaS $1.2M–$6M
European Investment Bank
VC Fund
1 France, Germany, The Netherlands Debt Financing, Post-IPO Debt Biotechnology, Health Care, Energy $16M–$658M
EDFI ElectriFI
VC Fund
1 United States, Kenya, France Debt Financing, Series A Energy, Solar, Renewable Energy $110k–$30M
CFAO GROUP
VC Fund
1 Kenya, Senegal Seed, Series A B2B, Apps, Delivery
Mobility 54
VC Fund
1 Kenya, Nigeria, Côte d'Ivoire Seed, Series A Transportation, Financial Services, Logistics $3M–$24M
Untapped Global
VC Fund
1 Kenya, South Africa, United Kingdom Seed, Series B, Venture - Series Unknown Transportation, FinTech, Financial Services $1.2M–$3M
ImpactAssets
VC Fund
1 United States, Ghana, India Seed, Series A, Pre-Seed Health Care, Software, Biotechnology $500k–$35M
Ethical Toy Program
VC Fund
1 Mali Series A Travel, Automotive, Communities
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

E3 Capital
VC Fund · Paris, Ile-de-France, France · 3 investments in Mali 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: Energy, Solar, Renewable Energy
  • Stage:Seed, Series A, Series B
  • Geography: Kenya, South Africa, United States

Investor stats

  • Total investments: 49
  • Round size: Seed $900k–$8M; Series A $1.8M–$7.5M; Series B $9M–$40M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: Likely still investing — fund raised in 2022

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.
  • Plentify — Plentify connects home appliances with cheaper cleaner energy. It does this with an intelligent residential load management platform which matches demand with clean energy supply for 75% cheaper than batteries. Plentify combines advanced hardware, AI, and user-centric design to create smart home products that delight customers while alsostrengthening electricity systems.
  • SolarX Africa — SolarX commercial and industrial (C&I) solar company that provides clean and efficient solar solutions, through leasing options in frontier markets.
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Mercy Corps Ventures
VC Fund · Portland, Oregon, United States · 3 investments in Mali 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, Nigeria

Investor stats

  • Total investments: 72
  • Round size: Seed $330k–$5.3M; Pre-Seed $100k–$7M; Series A $2.5M–$35M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • 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.
  • Meridia — De-risk the sourcing, procurement, trading & compliance of commodities under the EUDR.
  • ReForest Latam — ReForest Latam is an biotech company restoring ecosystems and creating forests to fight climate change.
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AfricInvest
VC Fund · Tunis, Tunis, Tunisia · 2 investments in Mali 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: 109
  • Round size: Series A $7M–$65M; Private Equity $6.5M–$21M
  • Lead/follow: 64% lead, 36% follow

Portfolio highlights

  • Buzzkito — Buzzkito Network is disrupting the Avertising Industry by being the first BRAND TECH company in the MENA region. They fuse technology and brand building to make our clients happy. They are a data and psychological driven.
  • GoMyCode — GoMyCode is changing the education market by training talents in a dynamic belnded environement on digital skills and connects them with tech opportunities around the world. Based on 4 Main Aspects: - Data based Assessment - Data based matching - Business Analytics - Learning Platform - Content EditorGoMyCode provides digital Skills Training forthe Future of Work. In 4 Different fields: - DATA - DEVELOPMENT - DESIGN - DIGITAL MARKETING
  • 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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Triodos Bank
VC Fund · Zeist, Utrecht, The Netherlands · 2 investments in Mali startups

Triodos Investment Management focuses on investments in various areas, including renewable energy, microfinance, and real estate.

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Investment focus

  • Industry: Financial Services, Energy, Solar
  • Stage:Debt Financing, Series A
  • Geography: India, Germany, Kenya

Investor stats

  • Total investments: 45
  • Round size: Series A $12M–$12M; Debt Financing $3.6M–$80M
  • Lead/follow: 47% lead, 53% follow

Portfolio highlights

  • MyJouleBox — MyJouleBox offers a solution for solar professionals in Africa to offer leased solar installations to their customers.
  • Storm — Storm focuses on wind energy solutions, developing and managing wind farms for renewable energy production.
  • axio — Capital Float is an online platform that provides working capital finance to SMEs in India. It offers flexible, short-term loans that can be used to purchase inventory, service new orders or optimize cash cycles. Borrowers can apply online in minutes, select desired repayment terms and receive funds in their bank accounts in 7 days with minimalhassle.Capital Float was founded in 2013 by Gaurav Hinduja and Sashank Rishyasringa.
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Agri-Business Capital Fund (ABC Fund)
VC Fund · Luxembourg, Luxembourg, Luxembourg · 1 investments in Mali startups

Agri-Business Capital Fund (ABC Fund) is an investment Firm.

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Investment focus

  • Industry: Farming, Financial Services, Supply Chain Management
  • Stage:Debt Financing, Venture - Series Unknown
  • Geography: Uganda, Nigeria, Mali

Investor stats

  • Total investments: 6
  • Round size: Debt Financing $257k–$2.1M; Venture - Series Unknown $854k–$1.2M
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Matale Hill Brothers — Matale Hill Brothers is a secondary processing and marketing of coffee from smallholder farmers and local markets.
  • JKCC General Supplies — JKCC General Supplies is the producer and exporter of quality coffee.
  • MiCreditoYa Microfinanciera — MICREDITOYA was established to offer financial solutions to a subset of microentrepreneurs who had limited access to the financial sector because of their socioeconomic and geographic circumstances.
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UNICEF Innovation Fund
VC Fund · New York, New York, United States · 1 investments in Mali startups, 9 in the past 12 months

The UNICEF Innovation Fund is a pooled funding vehicle to quickly assess, fund and grow open-source solutions that have been developed in new and emerging markets.UNICEF's Innovation (Venture) Fund is a newly established, non-thematic, pooled fund which has been specifically designed to finance early stage, open-source technology that canbenefit children. The core motivation of the Innovation Fund is to identify "clusters" or portfolios of initiatives around emerging technology - so that UNICEF can both shape markets and also learn about and guide these technologies to benefit children. They invest in solutions that can impact the lives of the most vulnerable children. They find these solutions clustered around $100billion industries in frontier technology spaces, such as: blockchain, UAVs, virtual and augmented reality, 3D printing, machine learning, quantum computing, genetic engineering, Internet of Things, artificial intelligence, nano-satellites and human dynamics.

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Investment focus

  • Industry: Software, Health Care, Artificial Intelligence
  • Stage:Grant, Seed, Non-Equity Assistance
  • Geography: India, Kenya, Argentina

Investor stats

  • Total investments: 26
  • Round size: Seed $30k–$100k; Grant $100k–$101k; Non-Equity Assistance $100k–$100k
  • Lead/follow: 77% lead, 23% follow

Portfolio highlights

  • Umbaji — Umbaji is an open-source multilingual WhatsApp chatbot that uses speech recognition, translation, and AI-generated content in local languages to provide pregnancy and maternal health recommendations, financial resources, and assistance with civil registration processes.
  • VivaMama — VivaMama is a digital postpartum recovery platform that is reinventing maternal care in metropolitan areas.
  • KAIROS — KAIROS is a health-focused corporation formed by professionals in health training, engineering, and protection. KAIROS creates educational solutions that anticipate hazards and empower individuals in prevention.
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Newfund
VC Fund · Paris, Ile-de-France, France · 1 investments in Mali startups

Newfund is a $300M entrepreneurial VC firm dedicated to pre-seed and seed investments in France and North America, in companies driving global change. The company is always looking for founders who are driven to realize a vision that will significantly alter the world in which we live. In order to appreciate what entrepreneurs are creating andutilize their strengths, Newfund aims to comprehend entrepreneurs as unique individuals.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Series A
  • Geography: France, United States, Canada

Investor stats

  • Total investments: 183
  • Round size: Seed $1.1M–$6M; Series A $2.2M–$15M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Moodwork — Moodwork is the digital solution for Quality of Life at Work. Numerous scientific research around the quality of life at work has led to a better knowledge of the professional world.
  • AI-Stroke — Developer of an artificial intelligence-powered mobile application designed to assist in pre-CT/MRI stroke diagnostics. The company offers a platform that guides first responders and patients through relevant exercises for stroke detection, captures and analyzes video data, and leverages the world's largest proprietary stroke patientvideo dataset (20,000 videos and 6 million images), enabling patients with a diagnosis and outcomes by reducing delays in treatment for stroke, increasing the number of treatment procedures, and recuding the rehab costs.
  • Brightflow AI — Self driving finance: Simple and easy analysis on cash flow
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Resilience
VC Fund · La Jolla, California, United States · 1 investments in Mali startups

We're changing the way medicine is made - leveraging innovation to better serve scientific discovery, withstand disruptive events, and reach those in need.

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Investment focus

  • Industry: Biotechnology, B2B, IaaS
  • Stage:Seed, Series A, Series B
  • Geography: United States, Mali, United Kingdom

Investor stats

  • Total investments: 6
  • Round size: Seed $1.2M–$6M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • bit.bio — Bit.bio specializes in the fields of coding and biology that determine the identity of every human cell. Their mission is coding cells for health. To do so, we apply the principles of computation to biology. Bit.bio's current focus is to develop a scalable technology platform capable of producing consistent batches of every human cell. Thishas the potential to unlock a new generation of medicine: it will enable research and drug discovery to move on from inappropriate models and work with the cells that actually are affected by the human disease. A scalable platform of consistent cells will also be the basis for a new generation of cell and tissue therapies. To achieve our goals, we have assembled a team of pioneers in stem cells, cellular reprogramming, mathematical modeling, and cell therapy. Collaboration is at the heart of bit.bio. We are empirical, highly ambitious, and driven by a common purpose.
  • PartnerSlate — Matching pre-qualified CPG brands with compatible co-manufacturers for over a decade, PartnerSlate makes reaching production faster and easier than ever.
  • Cellevolve — Situs slot online ALEXISTOGEL menghadirkan server Thailand gacor setiap hari dengan ragam game dengan tema dan fitur yang bervariasi.
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European Investment Bank
VC Fund · Luxembourg, Luxembourg, Luxembourg · 1 investments in Mali startups

The European Investment Bank (EIB) offers lending, borrowing, and treasury services primarily within the European Union. It provides project loans for public and private sectors, loans to banks and intermediaries, structured finance products, guarantees, and securitization instruments for debts. Additionally, EIB offers equity and fund investmentproducts, including infrastructure and environmental funds, as well as venture capital funds. EIB also supports microfinance and risk-sharing finance for research and innovation, and provides technical expertise for sustainable energy projects. Its services include infrastructure advisory, urban development support, guarantees for transport infrastructure, and funding for public-private partnerships and small- to medium-sized enterprises. The bank serves various sectors, including transportation, energy, health, education, and agriculture.

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Investment focus

  • Industry: Biotechnology, Health Care, Energy
  • Stage:Debt Financing, Post-IPO Debt
  • Geography: France, Germany, The Netherlands

Investor stats

  • Total investments: 489
  • Round size: Post-IPO Debt $16M–$658M; Debt Financing $16M–$370M
  • Lead/follow: 82% lead, 18% follow

Portfolio highlights

  • Affibody — Affibody is a Swedish biotech company focused on developing next generation products for therapy, diagnostic imaging, and other applications based on its unique proprietary technology platforms: Affibody® molecules and Albumod™.Affibody® molecules, which are small, robust and easily produced, can be designed to bind specifically to a largenumber of target proteins. They have a broad range of applications including protein purification, enzyme inhibition, research reagents for protein capture and detection, diagnostics, including molecular imaging, and targeted therapeutics.
  • RE:OCEAN — OUR MISSION IS TO FARM SALMON FOR THE BENEFIT OF HEALTH AND THE PLANET. WE'LL DO THIS BY BUILDING A LARGE SCALE FISH FARM IN THE middle OF SWEDEN. - WE'RE MAKING THE IMPOSSIBLE POSSIBLE - AN OCEAN ON LAND. RE:OCEAN IN BRIEF One in five salmons in Sweden 2026 will come from RE:OCEAN Fresh
  • Santander Brasil — Banco Santander in Brazil, its largest division in Latin America and one of the world's most important, accounting for 50%.
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EDFI ElectriFI
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Mali 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, France

Investor stats

  • Total investments: 62
  • Round size: Series A $2.2M–$30M; Debt Financing $110k–$10M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • BURN — The future of clean cooking
  • GOGO Electric
  • MyJouleBox — MyJouleBox offers a solution for solar professionals in Africa to offer leased solar installations to their customers.
Show all investments...

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

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CFAO GROUP
VC Fund · France, Idaho, United States · 1 investments in Mali startups

CFAO is a multinational company engaged in the sale of manufactured goods

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Investment focus

  • Industry: B2B, Apps, Delivery
  • Stage:Seed, Series A
  • Geography: Kenya, Senegal

Investor stats

  • Total investments: 4
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Teliman — Teliman has launched the very first on-demand taxi-moto service in Bamako, connecting urban commuters with professional drivers (trained, equipped and fully insured) in Africa’s fastest growing capital (Bamako). Rather than “disrupting” the local eco-system, Teliman aims at developing innovative solutions to create shared value for a communitywhere public transportation is highly insufficient and 600,000+ passengers struggle every day to commute. Having gained the trust of Toyota Tsusho Corporation (via CFAO) and local investors in pre-seed, Teliman aims to provide a safe, convenient and affordable solution for Mali and West-Africa.
  • Kai Senegal — Kai Senegal is a digital ride-hailing app that connects customers with drivers and a fleet management solution that allows private owners and institutional investors to buy and maintain high-quality vehicles.
  • Touch Group — Touch Group is a financial aggregator which provides payments and digital services through mobile application, web and API.
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Mobility 54
VC Fund · 1 investments in Mali startups

Mobility 54 is a joint venture among Toyota Tsusho Corporation and CFAO.

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Investment focus

  • Industry: Transportation, Financial Services, Logistics
  • Stage:Seed, Series A
  • Geography: Kenya, Nigeria, Côte d'Ivoire

Investor stats

  • Total investments: 17
  • Round size: Seed $3.3M–$13M; Series A $3M–$24M
  • Lead/follow: 47% lead, 53% follow

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.
  • Tugende — Tugende helps motorcycle taxi drivers own their own motorcycles in eighteen months or less instead of renting indefinitely. Ownership significantly increases income, job security and road safety.
  • OnePort 365 — Oneport 365 is a B2B digital freight forwarding platform offering simplified, all-inclusive, and transparent freight forwarding services driven by technology.
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Untapped Global
VC Fund · San Francisco, California, United States · 1 investments in Mali startups

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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Investment focus

  • Industry: Transportation, FinTech, Financial Services
  • Stage:Seed, Series B, Venture - Series Unknown
  • Geography: Kenya, South Africa, United Kingdom

Investor stats

  • Total investments: 17
  • Round size: Seed $1.2M–$3M
  • Lead/follow: 71% lead, 29% follow

Portfolio highlights

  • Paga — Paga is the premier financial services infrastructure for Africa. Infrastructure for fiat, stablecoins, crypto, hosted accounts, payments orchestration and biller aggregation.
  • OX Delivers — Our objective is to deliver affordable transport in emerging markets, creating a self-reinforcing cycle of economic growth and social impact. To achieve this, we are developing the world's first clean-transport ecosystem that combines goods shipment with financial, trading & marketing services. This OX ecosystem will be enabled by ourunique zero-emissions OX truck; the only purpose-designed electric vehicle for emerging markets.
  • FlexClub México
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ImpactAssets
VC Fund · Bethesda, Maryland, United States · 1 investments in Mali 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: Health Care, Software, Biotechnology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Ghana, India

Investor stats

  • Total investments: 27
  • Round size: Seed $500k–$4M; Pre-Seed $1.3M–$3.1M; Series A $4.3M–$35M
  • Lead/follow: 11% lead, 89% 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 125,000 who trust the Affinity mobile app to manage their banking needs, from savings to payments, as well as instant loans
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Ethical Toy Program
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 1 investments in Mali startups

We offer a one-stop ethical sourcing platform for your supply chain via Factory Certification, Social Impact Assessment, Environmental Assessment, and worker well-being initiatives

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Investment focus

  • Industry: Travel, Automotive, Communities
  • Stage:Series A
  • Geography: Mali

Investor stats

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

Portfolio highlights

  • Teliman — Teliman has launched the very first on-demand taxi-moto service in Bamako, connecting urban commuters with professional drivers (trained, equipped and fully insured) in Africa’s fastest growing capital (Bamako). Rather than “disrupting” the local eco-system, Teliman aims at developing innovative solutions to create shared value for a communitywhere public transportation is highly insufficient and 600,000+ passengers struggle every day to commute. Having gained the trust of Toyota Tsusho Corporation (via CFAO) and local investors in pre-seed, Teliman aims to provide a safe, convenient and affordable solution for Mali and West-Africa.
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VC funding in Mali at a glance

Stats across 33 deals from 39 investors.

39
investors
in Mali startups
33
deals
in Mali startups
$5M
median round
in Mali startups
59%
lead investors
lead at least one round
24%
Grant
most common funding stage

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