Top 40 VC Funds & Investors in Zambia (June 2026)

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.

Portfolio highlights

• Loyal — Loyal is a clinical-stage veterinary medicine company working on giving dogs longer, healthier lives.
• Merkle Manufactory — Merkle Manufactory is a software company contributing to the Farcaster protocol and working on clients.
• Meez Culinary Solutions — Organize, Train, Cost, Iterate, Collaborate, and Share your recipes and process.

Portfolio highlights

• Carry — Ocho is everything you need to build wealth as a business owner.
• Hone Health — Hone Health provides telehealth services that support hormone health and longevity, including testosterone replacement therapy (TRT)
• Disco — Co-op commerce is a network of the world's best brands partnering together to grow.

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.

Portfolio highlights

• Adbot — Adbot makes Google ads easy. Start a Google Ad Campaign and get results!
• Koa Academy — Koa Academy is on the cutting edge of online schooling in South Africa! We offer small classes, quality educators, and individualized, engaged online learning.
• Brown and Ayo — Brown and Ayo have provided customers with an extensive online marketplace of natural hair extensions created to mimic black natural hair textures. The company prides itself in bringing innovative and well-loved products to the SA black woman consumer.

Portfolio highlights

• Medtech Africa — Medtech Africa is a Nigerian-based startup leveraging Artificial Intelligence and Apps to enable Cardiologists to treat and manage patients living with Cardiovascular Disease using the Patient's own data.The App, Forcardio, is a smart mobile & web application that seamlessly connects FDA-approved Bluetooth-enabled Cardiovascular devicesused by Patients through a mobile app to physician's tablet/device.Forcardio, eliminates the need for Cardiologists to use hundreds of apps to manage CVD. Forcardio App connects all CVD devices.We provide features such as AI analytics and Planning tools for Patient data for Cardiologist, emergency warning systems, on-demand video/voice call and management tools for CVD Patients.
• Kee Farms Foundation — The Kee Farms Foundation is a non-profit organization that works to mitigate climate change through regenerative ocean and land agriculture.
• Saint James School of Medicine — One of the top Caribbean medical schools. USMLE-ready in 5 Semesters. US clinical rotations. Accredited. Low tuition. No MCAT required

Portfolio highlights

• Roofr — The complete sales toolbox for roofers. From roof measurement reports to project-winning proposals.
• Vennre — Build wealth through vetted private market opportunities from $5k. GCC-first, globally accessible. Regulated, Sharia-compliant, digital-first.
• PatientPoint — Discover how PatientPoint delivers content that drives better health decisions and outcomes for healthcare providers, brands, and patients.

Portfolio highlights

• Lupiya — Lupiya is an online marketplace for microloans. It is a branch-less, innovative digital microfinance platform that leverages technology to make the process of borrowing simpler and easier so that people and businesses located across the country even in rural, remote areas can access financial services.
• SweepSouth — Book a home cleaning online from your mobile, tablet or computer. SweepSouth connects you with a cleaner in minutes. Cleaners are experienced, reliable, efficient and insured.
• Alma Clinics —

Portfolio highlights

• 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.
• PressOne — Eliminate the guesswork in your customer service operations. Track every conversation. Coach your team with AI-driven insights.
• 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.

Portfolio highlights

• Akhetonics — Creating the first all-optical RISC Processor
• Axiom Trust — Axiom Trust is an AI-powered trust startup that modernises professional trust administration during the "Great Wealth Transfer" of over $100 trillion in assets.
• Lace Lithography — Lace is building the patterning technology that will power the next 100 years of semiconductor manufacturing.

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!
• Atome Energy — Atome Energy is the green hydrogen and ammonia project development company to create a greener, cleaner environment.
• 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.

Portfolio highlights

• Union54 — Union54 is a debit card issuing API for fintech and corporates.Union54 allows any software company to issue debit cards to their customers without needing any bank or credit card processor. It provides BIN sponsorship., transaction processing, and settlement.
• Jia — Small businesses drive the economy. They deserve to own a piece of it. Jia gives entrepreneurs anywhere in the world power to control their financial destiny. We provide blockchain-based financing to businesses in emerging markets and reward them with ownership, enabling them to create wealth and prosperity for themselves and their communities.
• Ceramic Network — Ceramic Network is a provider of protocols for decentralized and composable data applications. The network decentralizes application databases, making data universally composable and reusable across applications. It consists of three core parts: a highly-scalable, decentralized infrastructure for data availability and consensus, a marketplace ofcommunity-created data models, and a suite of standard APIs for storing, updating, and retrieving data from those models.

Portfolio highlights

• IRL — Groups, Chats, Events - Tap to see details
• Jerry — Jerry simplifies the expensive, frustrating, and time-consuming aspects of car ownership.
• Class101 — Class101 is an online platform where people can make and enjoy hobbies.

Portfolio highlights

• 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.
• Good Nature Agro — Their priority is to generate lasting income with small-scale farmers. They build local community leaders into qualified Private Extension Agents (PEAs) who oversee and train farmers throughout the growing season. They support PEAs to provide frequent trainings and personalized recommendations on how their growers can make their field healthier andmore productive. PEAs promote improved farm practices and deliver a farmer-friendly loan of seeds and additional inputs. At harvest, Good Nature is a guaranteed market for the certified legume seed that their growers produce. Choosing to produce these high-value crops over traditional cash crops - maize and cotton - more than doubles their income.

Portfolio highlights

• 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.
• Konnect — Konnect provides a cross borders payment solution intended to simplify complex financial flows allowing companies of any scale and size to send and receive payments in a practical, secure, and low-cost way.

Portfolio highlights

• HelpMum — HelpMum is a social enterprise with the mission to reduce maternal and infant mortality in Africa.
• Dawa Health — DawaMom is a standardized mobile clinic that delivers maternal and neonatal health through a digital health platform leveraging a wide network of trained 1st level clinicians and community health workers (CHWs) for emerging markets.
• Climate Policy Radar — Climate Policy Radar is a UK-based nonprofit, building open databases and AI-powered research tools to accelerate climate action

Portfolio highlights

• Kofa — Kofa is an automotive company that utilizes the latest electric battery and motor technology. The company aims to develop an affordable, sustainable and customer driven electric network in transformative energy, transport, and climate change around the globe. Kofa was founded in Ghana and is headquartered in Accra.
• Sistema.bio — Sistema.bio is a biodigester with biogas appliances. High efficiency biodigesters transform organic waste into renewable biogas.
• Mufin Green Finance — Mufin Green Finance is an NBFC that specialises in the electric vehicle (EV) market.

Portfolio highlights

• LOCA — LOCA offers a ride-hailing app and LOCA PAY for QR payments, available 24/7.
• Sanivation — Sanivation really has its beginnings from 2006, when Emory approached Georgia Tech looking for a toilet that would be more reliable in treating human fecal sludge. Ideas for a solar toilet were tossed around, and prototypes were built in Bolivia in 2007 and 2008. Work continued through GTRI and Engineers Without Boarders on various iterations ofthe prototypes. In 2011 a group of Georgia Tech and Emory students and recent graduates submitted an application to Start-Up Chile (a business incubator) to begin an organization based on solar sanitation. In July 2011, 5 Tech students moved to Chile to work full time on solar sanitation. Initial prototypes went well, and the team designed service models to create a more viable business model.
• Dakar Mobilite — Dakar Mobilité is the Senegalese business that operates the Dakar BRT. The company is concerned with road safety, air pollution, and greenhouse gas emissions.

Portfolio highlights

• Hivello — Hivello is a Decentralized Physical Infrastructure Network aggregator. Contribute resources, connect with Web3 protocols, and effortlessly generate passive income.
• ZOTH — Unified platform for yield, payments, cards & compliance, serving retail & institutional users.
• MonkeyLeague — MonkeyLeague is a video game company. They develop PC and console-based NFT games. The company offers a turn-based, play-and-earn multi-player soccer game that provides monkey NFTs of genetic composition formulated from 32 traits.

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.

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

Portfolio highlights

• Ecofy — Ecofy is a green-only NBFC in India, offering financial solutions for eco-friendly initiatives, including loans, leases, and insurance.
• Atome Energy — Atome Energy is the green hydrogen and ammonia project development company to create a greener, cleaner environment.
• Ace International — ACE International manufactures and distributes dairy powders, milk proteins, and other food grade components.

Portfolio highlights

• Zembo — Discover Zembo - The African Electric Motorcycle. High-performance electric bikes designed for sustainability.
• Africa GreenCo — Our mission - addressing creditworthiness to increase generation and growth of renewable energy markets through partnerships and innovative solutions.
• Mobility for Africa — Mobility for Africa produces electric tricycles, bicycles, and other small vehicles that are affordable, high-quality, and sustainable.

Portfolio highlights

• Eranove — The Eranove group counts more than 9000 employees all engaged in developping hydroelectric solutions to allow all the pan african citizens to access electricity and drinking water
• Africa GreenCo — Our mission - addressing creditworthiness to increase generation and growth of renewable energy markets through partnerships and innovative solutions.
• Alliance for Microfinance in Myanmar — Microfinance in Myanmar

Portfolio highlights

• ZPOS — ZPOS is a mobile application that speicalizes in shop management system which allows to record all transactions of the business.

Portfolio highlights

• Rent To Own Africa — Rent To Own provides affordable financing to high capacity entrepreneurs in rural communities across Zambia. Rent To Own variety of rental arrangements helps business owners build assets and expand their own services. Beyond traditional asset financing, Rent To Own adapts its services and to the individual needs of each client, including guidedasset selection process, direct distribution and one-on one training for maintenance and proper equipment usage. The company unique six-step loan process mitigates repayment risk and ensures that the equipment is being used optimally.

Portfolio highlights

• Bamba — We help large companies that want to help their affinity users to solve unforeseen events fast, by minimizing costs, through a smart digital agent embedded in any company’s interface
• Lapaire — Get the best affordable eyeglasses in Africa with Lapaire. Book your free vision test today at our locations across Benin, Ivory Coast, Togo, Burkina Faso, Mali, Kenya & Uganda. Quality glasses, professional optometrists, unbeatable prices.
• Good Nature Agro — Their priority is to generate lasting income with small-scale farmers. They build local community leaders into qualified Private Extension Agents (PEAs) who oversee and train farmers throughout the growing season. They support PEAs to provide frequent trainings and personalized recommendations on how their growers can make their field healthier andmore productive. PEAs promote improved farm practices and deliver a farmer-friendly loan of seeds and additional inputs. At harvest, Good Nature is a guaranteed market for the certified legume seed that their growers produce. Choosing to produce these high-value crops over traditional cash crops - maize and cotton - more than doubles their income.

Portfolio highlights

• Chaayos — Your one stop shop for all your Chai Cravings. Easy way to buy out Masala Tea, Instant Tea, Green Teas and Tea Gifts.
• Progcap — Progcap is revolutionising the way financial access is delivered to underserved segments of the Indian retail economy, through specialized financing and technology products that empower small and medium businesses (SMBs) to progress without obstacles.
• G.O.A.T Brand Labs — Purpose G.O.A.T is mono-maniacally focussed on the audacious goal of Making Indian D2C brands world...

Portfolio highlights

• Frame AI (acquired by HubSpot) — Breeze turns complex work into compelling growth. Scale your business, boost team productivity, and uncover insights that unite your company and customers.
• Nurdle AI — Get your AI into production Faster, Cheaper & Easier with Nurdle's privacy-safe lookalike data. Trusted by leading brands in gaming and social media.
• Courier — Turn product signals into customer engagement. Build lifecycle journeys and deliver notifications across channels, with templates, routing, preferences, and observability included.

Portfolio highlights

• BioMassters — Biomassers aim to replace charcoal production and charcoal cooking by providing modern, affordable, and low-carbon pellet fuel production and cooking solutions based on locally produced fuel from waste materials.
• Reema Health — Transforming the way people navigate the gaps between health care and social care. Reema combines a 24/7 AI-based confidant with in-person community guides to help people meet their social needs.
• Raino Tech4Impact — Raino Tech4Impact is a social enterprise that leverages technology as an enabler to empower African communities. We have been deploying technology-driven solutions in agriculture and health, powered by renewable energy to achieve sustainability.

Portfolio highlights

• Gebana —
• Sawa Energy — Sawa energy is an affordable, predictable solar electricity solution to power Rwandan businesses with clean and renewable energy.
• Freyr Energy — We are a full-service Solar systems integration and solutions company. We help you with Solar System Installations for your home and business.

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.
• Milano Vice — Milano Vice is building a new virtual food brand by working with professional kitchens to prepare and deliver delicious pizzas to home.
• Kapital — Kapital empowers SMBs with a tech-banking platform giving visibility and control of their treasury, and their employees

Portfolio highlights

• Amartha — Amartha Mikro Fintech - P2P Lending Indonesia. Alternatif investasi dengan modal terjangkau mulai 100Rb. Tedaftar OJK, Imbal hasil 15%* & Berdampak Sosial.
• Mobisol — We transform lives through solar energy access. Our solar home systems and mini-grids benefit millions of people in Sub-Saharan Africa.
• 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.

Portfolio highlights

• Refolo — Refolo is a type B social cooperative that sees social agriculture as having a dual impact: social and environmental. Refolo was created with the aim of creating an agro-ecological and social corridor that runs through the province of Brescia from north to south with the hope that administrations and other communities will come together to generatea positive impact on the environment and the community.Refolo operates in an area located between the municipalities of Brescia, Collebeato, Villa Carcina and Montirone, territories that share the presence of agricultural areas that over the years have been abandoned due to their unsuitability for intensive agriculture and lack of interest by new generations and that are now ready to start again.
• 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.
• Sistema.bio — Sistema.bio is a biodigester with biogas appliances. High efficiency biodigesters transform organic waste into renewable biogas.

Portfolio highlights

• Huna — Huna's cloud-based AI platform is intended to help big hospital networks and small clinics identify cancer early from routine blood tests.
• Sofya — Sofya AI is a healthcare AI platform that uses NLP and voice tech to boost patient engagement and streamline clinical workflows.
• TERAL — TERAL is a secure and exclusive app for health professionals that facilitates peer consultation among doctors using an AI real-time communication platform.

Portfolio highlights

• Mondego Bio — Headquartered in Portugal’s main biotech park, Biocant, Mondego Bio is developing best-in-class protein tyrosine phosphatase non-receptor type 2 (PTPN2) inhibitors, providing a potential immuno-oncological therapy with an improved safety and tolerability profile.
• BIMINI Biotech — BIMINI Biotech is a startup that develops innovative therapeutic strategies for oncology. It is developing therapeutic strategies that target the growth hormone receptor (GHR) and its interaction with insulin-like growth factor 1 (IGF-1) for oncology, metabolic diseases, and aging.The company was founded in 2019 and is based in Leiden, TheNetherlands.
• MAIR PHARMACEUTICALS — Mair Pharmaceutical creates innovative processes and produces well-known unique substances for pharmaceutical and biopharmaceutical firms worldwide.

Portfolio highlights

• Rubie — Rubie is a software solutions company that helps businesses with complex products streamline and accelerate customer onboarding.
• CrewAI — CrewAI is a multi-agent automation platform for enterprises to automate complex tasks. With its automation platform, organizations can deploy and manage AI agents to automate complex tasks and to value across a wide range of use cases, from research and analysis to coding and reporting.The company also offers a range of advanced new featuresincluding self-iteration, performance evaluation, persistent memory, and a range of new agent collaboration structures.
• Dreambase — Dreambase develops AI-powered analytics software that enables organizations to generate insights, dashboards, and reports directly from their database without requiring traditional data infrastructure. The platform connects to data sources such as Supabase or PostgreSQL and analyzes schema, relationships, and usage patterns to automatically producemetrics and visualizations. Its system uses AI agents to perform tasks typically handled by data teams, including querying databases, identifying trends, building pipelines, and delivering recommendations based on real-time data. The platform eliminates the need for external data warehouses or manual event tracking by treating the database as the primary source of truth and generating insights directly from it.

Portfolio highlights

• PaidHR — PaidHR works with organizations to streamline how they manage their staff. Our precisely created solutions enable them to create the ideal place to work.
• Lingawa — Speak your native language with pride! Learn Yoruba and Igbo with fun, immersive online lessons for adults and kids (ages 5+).
• Definely — Definely creates legal tech solutions to free lawyers from frustration, saving them time when understanding, drafting and reviewing legal documents.

Portfolio highlights

• Wecyclers — Wecyclers gives households a chance to capture value from their waste while providing a reliable supply of materials to the local recycling industry.Wecyclers works in partnership with the Lagos Waste Management Authority (LAWMA) and collects recyclable waste, including plastic bottles, plastic bags, and aluminum cans, at the household levelusing low-cost bicycle-powered collection vehicles called “wecycles”.Wecyclers rewards households with redeemable points based on the volume and quality of recyclables that they give us. Wecyclers sort and aggregate the materials and then sells it to Nigerian recyclers.
• Kensta Group —
• CrossBoundary — CrossBoundary Energy's renewable energy solutions help decarbonize enterprise by providing cleaner, cheaper and more reliable power.

Portfolio highlights

• OmniRetail — OmniRetail is a consumer goods distribution platform that solves the inefficiencies of traditional trade by digitizing key stakeholders through its products.
• Hinckley Recycling — Hinckley Recycling is dedicated to the responsibility of being a good steward of the environment and will in all circumstances aspire to constantly emphasize awareness of the natural environment, whilst maintaining a level of proficiency which demonstrates bona fide leadership in all spheres of the environment.
• Agent Banking Company — Agent Banking Company provides digital technology solutions that enable access to banking services through bank-approved agents.