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Top 20 Wellness Startup Investors in Africa in May 2025

Last updated: May 2025 A list of 20 angel investors and VC (Venture Capital) funds that invest in Wellness startups based in Africa. We rank investors based on the number of investments they made in Wellness companies from Africa. We update this investor list every month.

Top 20 Wellness Startup Investors in Africa in May 2025

Investor	Wellness Africa investments
54 Collective	3
Flat6Labs Tunisia	2
U.S. International Development Finance Corp	2
Pfizer	1
Newtown Partners	1
Norrsken Foundation	1
Jozi Angels	1
Nour Nouf Ventures	1
Finnfund	1
i-Cubed Capital	1
Proparco	1
Gray Matters Capital	1
4Di Capital	1
Beyond Capital Ventures	1
DOB Equity	1
Johnson & Johnson Foundation	1
AAIC Investment	1
Team Ignite Ventures	1
WZ Capital	1
Tofino Capital	1

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Investor list

Building and scaling African tech startups with catalytic capital, value-add support and our global network.

Investment focus

Health Care, Information Technology, FinTech
Seed, Pre-Seed, Funding Round
Kenya, Nigeria, South Africa

Portfolio highlights

Billboxx — Enabling businesses pay and get paid twice as fast
Yeah — Yeah is a financial technology company that offers payment processing services while building a credit profile for the banked and unbanked.
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.

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.

Investment focus

E-Commerce, Retail, Education
Pre-Seed, Seed
Tunisia, France

Portfolio highlights

Yaz — Yaz is a B2B wholesale e-Commerce web and mobile app that offers branded goods and services top up for retailers.
Birdhouce — Birdhouce is a direct to consumer furniture startup that provides home storage. They develop an online 3d product configurator that makes the customer a designer from the comfort of their home. Their design categories include a dining room, living room, bedroom, hallway, office, kitchen, and kids room.
Tiktak PRO — Tiktak PRO provides back office management services. They also provide hosting, updating, and certificate services. Additionally, they also provide commercial activity and technical support services.

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

Investment focus

Financial Services, Finance, FinTech
Debt Financing, Post-IPO Debt, Funding Round
India, United States, Kenya

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.
Cassava Technologies — Cassava Technologies is an innovative technology company encompassing fiber networks, data centers, renewable energy, cloud & cybersecurity.
Institut Pasteur de Dakar — The Institut Pasteur de Dakar Foundation (IPD) is a non-profit association of public utility, concerned with promoting public health and well-being in West Africa. Since its founding in 1896 by one of Louis PASTEUR's disciples, Émile Marcoux, the IPD has been at the forefront of the fight against infectious diseases. Since 2009, the InstitutPasteur de Dakar has been a Senegalese foundation, jointly managed by the government of Senegal and the Institut Pasteur (Paris).

Pfizer provides access to safe and effective and affordable medicines and health care services. They have a portfolio of products and medicines that support wellness and prevention, as well as treatment and cures for diseases across a broad range of therapeutic areas; and they have an industry-leading pipeline of promising new products that havethe potential to challenge some of the most feared diseases of their time, like Alzheimer's disease and cancer.

Investment focus

Biotechnology, Health Care, Pharmaceutical
Post-IPO Equity, Series A, Seed
United States, Israel, France

Portfolio highlights

CytoReason — CytoReason is a tech company developing a computational model of the human body. The company collects proprietary data from pharma companies and uses it to simulate human diseases – tissue by tissue, cell by cell. With CytoReason’s massive database and AI-led platform, pharma and biotech companies identify new opportunities, shorten trial phases,reduce development costs and increase the likelihood of approval. To date, six of the world’s top ten pharma companies use CytoReason’s technology.
AgomAb Therapeutics — AgomAb is developing molecular therapies for the regeneration of damaged tissues. Their unique agonistic monoclonal antibody molecules (“agomAbs”) stimulate molecular and cellular repair mechanisms that have the potential to restore organ function in patients with fibrotic, inflammatory, autoimmune and degenerative diseases.
EvolveImmune Therapeutics — EvolveImmune Therapeutics transforms the discovery and development of novel immunotherapies. By leveraging its proprietary in vivo target discovery platform, EvolveImmune is building a pipeline of novel therapeutic candidates against numerous targets that are expressed on multiple immune cell types. The company’s platform will generatefirst-in-class treatments for unmet needs in oncology and autoimmune diseases.

Newtown Partners is a venture capital firm that actively invests in emerging, disruptive technology startups.

Investment focus

Logistics, Health Care, Information Technology
Seed, Series A, Funding Round
South Africa, Ghana, Kenya

Portfolio highlights

MDaaS Global — At MDaaS Global, we build and operate modern, tech-enabled diagnostic centres in clinically-underserved communities, starting in Nigeria. Our big goal is to create affordable healthcare solutions for Africa's next billion.
Chefaa — Chefaa is a GPS-enabled pharmacy benefits platform connecting patients & pharmacies nation-wide to help patients manage all their pharmacy needs. Chefaa uses big data, data ming & machine learning
Waspito — We are the platform that engages Africa into the conversation and action to drive affordable and accessible quality healthcare across the continent.

Norrsken Foundation is non-profit organization solving problems such as poverty, famine, environmental issues and mental health.

Investment focus

Financial Services, Health Care, FinTech
Pre-Seed, Seed, Funding Round
United States, Nigeria, Rwanda

Portfolio highlights

RYE — RYE is a members-only, low-cost green energy supplier built for businesses with no time to deal with energy suppliers. Always accurate energy or it's free
Eden Care Medical — Eden Care Medical is a mobile application that provides medical and health insurance as well as financial services.
ORDA — Process orders, accept payments, connect to logistic providers, engage with your customers + more. We equip you with everything you need to grow your business.

Jozi Angels is an angel network based in Johannesburg, South Africa. We exist to grow the startup ecosystem and facilitate the growth of innovative startups.

Investment focus

B2B, Medical, Wellness
Pre-Seed
South Africa

Portfolio highlights

Jobox — Jobox is a student recruitment platform, built to connect employers, students and graduate career offices. Our focus is to improve graduate employability by ensuring all students have the skills they need to enter, stay in, and progress in the world of work.Jobox’s ecosystem provides employers with access to the best diverse & youthfultalent, students with more employment opportunities and universities with data-driven insights aimed at driving graduate employability forward.
Contro — Get your health and confidence products prescribed online and delivered to your door for free without the waiting rooms!
TUNL — Ship globally with ease. TUNL offers affordable, transparent international shipping built for South African brands. Up to 91% cheaper. No surprises.

We inspire to build societies where knowledge empowers every individual to realize their full potential to contribute to the greater good and to be responsible for future generations. Investment in startup business, Community Services, Shared Offices.

Investment focus

Information Technology, Financial Services, Health Care
Seed, Funding Round, Convertible Note
Saudi Arabia, United States, Egypt

Portfolio highlights

YNMO — YNMO is the first Arabic/English digital solution that aims to improve the quality of care and educational services for individuals with special needs by allowing service providers such as schools, centers & clinics to design and monitor individualized treatment plans.
Safanad — Safanad is a global holding company focusing on key investment platforms in Education, Healthcare, Digital Infrastructure, and Real Estate sectors, delivering strong risk-adjusted returns through partnership and operational excellence.
Affinity — Join over 60,000 who trust the Affinity mobile app to manage your personal banking needs and qualify for an Affinity Instant Loan

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.

Investment focus

Financial Services, FinTech, Energy
Debt Financing, Funding Round, Series B
Kenya, India, South Africa

Portfolio highlights

Kasha — Health products and household goods you want, delivered to where you are.
Ipak Yuli Bank — Kredir, Karta, Visa virtual, Omonat, Valyuta kurslari, Avtokredir, Pul o`tkazmalari
Kentegra Biotechnology Holdings LLC — Kentegra Biotechnology Holdings is a leading U.S-Kenyan company that supports a Kenyan-based biopesticide processing business that aggregates, extracts, and refines pale refine extract (PRE) from the pyrethrum flower, and sells the PRE to formulators across the world. Kentegra is committed to improving farmer’s livelihoods by investing in thecommunities where we are working to help farmers and their families have a more stable income and better quality of life.Grants: Norad 2021, AgriFi 2020, USAID 2020, USAID 2019, DEG 2020, DEG 2019

We acquire equity in companies that are positioned for growth and create wealth for our shareholders. Our team of investment specialist and entrepreneurs evaluate business opportunities that provide medium to long term growth.

Investment focus

Medical, Wellness, Health Care
Pre-Seed
South Africa

Portfolio highlights

Contro — Get your health and confidence products prescribed online and delivered to your door for free without the waiting rooms!
Yebo Fresh — Yebofresh is a new online shopping service, delivering popular groceries straight into areas that are generally unserved by most formal retailers. Our unique business model and partnerships with manufacturers allow us to deliver top quality products and A-brands at extremely competitive prices. Yebofresh serves Imizamo Yethu, Langa, Khayelitsha,Mfuleni and Gugulethu and following recent seed funding, is rapidly expanding across the greater Cape Town area.

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

Investment focus

Financial Services, Energy, Finance
Funding Round, Debt Financing, Seed
India, Kenya, Mauritius

Portfolio highlights

ACCIONA — At ACCIONA we offer sustainable solutions to the most urgent challenges facing the planet, such as global warming, energy needs and water shortages
SeA Bank — SeA Bank is a banking institution that provides services like preferential loans, tax service, online transaction solutions and more.
Equator — A venture capital firm investing in tech-enabled, early-stage ventures that are accelerating an equitable climate transition in Sub-Saharan Africa.

We are an impact investor in the global south. Our deep roots in microfinance and education finance have demonstrated profit with purpose. We focus on self-development and skilling technology for women to find meaningful work.

Investment focus

Education, Health Care, E-Learning
Seed, Series A, Funding Round
India, United States, Kenya

Portfolio highlights

OYE — From Latin America to the world, we’re building a community to make emotional wellness part of everyday life.
Shamba Pride — Shamba Pride is a revolutionary Rural Distribution system for African Farmers, it provides online-to-offline DigiShop marketplace.
Applied Cognition — Applied Cognition is developing a novel medical device and platform for translational measurement of a newly discovered biology of the brain whose failure has been shown to cause neurodegeneration in preclinical models. We will be the first to non-invasively, continuously measure this biology in humans enabling us to develop treatments that stop or reverse the progression of neurodegenerative diseases such as Alzheimer's and Parkinson's.

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.

Investment focus

Software, Financial Services, Mobile
Seed, Series A, Pre-Seed
South Africa, United States, Kenya

Portfolio highlights

Maxe AI — AI investment Assistant for all investors. AI Portfolios tracker of stocks bonds exchanges futures. all in one to track mutual funds.
Cloudline — The all-in-one cloud platform helping leisure businesses sell more, reduce costs & personalize experiences.
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.

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

Investment focus

E-Commerce, Retail, Health Care
Seed, Series A, Series B
Kenya, India, Ghana

Portfolio highlights

Fasal — Fasal, an agri-tech platform, developed by Wolkus Technology Solutions, is an AI-powered platform for the Agriculture ecosystem that records a variety of growing conditions on the farm. It then uses artificial intelligence and data science to make on-farm predictions, before delivering the insights anywhere on any device including (iOS, Android,Tablet, and web).Its data-driven precision agriculture solution recommends real-time agronomic solutions to growers using on-farm and micro-climate data collected through agnostic sensors that helps farmers with cost savings in terms of water, energy, fertilizers, and pesticides.
Ampersand — Ampersand catalyzes and power mass-market electric mobility. By supplying the battery swap network and operating system the company makes sustainable mobility rapidly accessible and affordable for developing markets, to improve livelihoods and the environment. With over a million km already covered by e-motorcycles in Africa using our plug-and-playpowertrain and energy network.
Lapaire — Discover a wide range of high-quality & affordable eyeglasses at Lapaire Glasses. Book a free vision test with our professional optometrists to help you find your perfect pair of glasses to enhance your vision and style. Shops in 7 african countries: Benin, Ivory Coast, Togo, Burkina Faso, Mali, Kenya and Uganda.

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

Investment focus

Food and Beverage, Health Care, Farming
Private Equity, Funding Round, Seed
Kenya, Rwanda, Uganda

Portfolio highlights

Zydii — For the African workforce, Zydii is the premier localized digital training solution which is engaging and accessible, leading to transformative growth for businesses. Zydii is providing localized (African) digital courses via our proprietary online and offline (USSD & SMS) platform.
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.

The Johnson & Johnson Foundation is a registered charitable organization that reflects the commitment of the Johnson & Johnson Family of Companies to keeping people well at every age and every stage of life by blending heart, science, and ingenuity to profoundly change the trajectory of health for humanity.

Investment focus

Health Care, Fitness, Software
Seed, Pre-Seed, Series A
Ghana, Zambia, United States

Portfolio highlights

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.
NextStep — NextStep is an information technology company that provides training and job placement for workers via mobile application platform. It features a mobile and web-based platform that enables its users to manage staff accordingly on their accurate positions. The company was founded in 2018 and headquartered in Seatle, Washington.
Redbird — Millions of Africans live with chronic diseases without a convenient way to manage their health. And every year, millions more develop chronic disease – at a rate of two times the world average. Unlike those with acute disease, chronic disease patients require not just treatment, but also lifelong health monitoring to remain healthy andproductive. African chronic diseases patients need a convenient way to manage their conditions, and the current, top-down approach to healthcare cannot cope.That’s where we come in. At Redbird, we supply pharmacies with everything they need to offer rapid diagnostic services for chronic disease, helping them to solve this need by establishing them as the most convenient place for patients to manage their health.

We will continue to invest and support the growth of innovative companies towards sustainable economic growth and solving social issues.

Investment focus

Health Care, Medical, E-Commerce
Seed, Series A, Series B
Kenya, Egypt, Nigeria

Portfolio highlights

Mydawa — MYDAWA is here to ensure that every Kenyan can get quality, secure and affordable medicine and wellness products online
Ilara Health — Ilara Health helps primary care clinics across Africa deliver better care.
Lapaire — Discover a wide range of high-quality & affordable eyeglasses at Lapaire Glasses. Book a free vision test with our professional optometrists to help you find your perfect pair of glasses to enhance your vision and style. Shops in 7 african countries: Benin, Ivory Coast, Togo, Burkina Faso, Mali, Kenya and Uganda.

We're experienced operators helping to ignite and scale startups

Investment focus

Software, Artificial Intelligence, Financial Services
Seed, Pre-Seed, Series A
United States, Canada, India

Portfolio highlights

Yenmo — Unlock instant funds with India's best loan against mutual funds at 10.49% interest rate. Quick online approval, zero hidden charges, and no foreclosure fees.
Markopolo ai — Markopolo is a complete paid marketing suite that helps you launch targeted ads in seconds. Generate the perfect creative and AI-powered copy, schedule posts ahead of time to save time and get real-time analytics on how well they perform! If you’re looking for a smarter, faster way to create ads and automate the boring parts of ad management,there’s a tool you need to meet.We have built the software for cookieless era. We use server side pixel to gather lossless data from each and every attribution point. Business that adopt Markopolo see 34% reduction in Cost per click, 41% increase in Conversion rate and 30% increase in Budget spending efficiency within first few campaigns. These are the benchmarks achieved with the algorithms behind Marokopolo, and we have just started! We provide an end to end solution in Paid Marketing, which is critical for a modern marketing team manager to improve efficiency. Finding the right audience to target is a complicated science that we have cracked at Markopolo. We have a patent pending status in USPTO on it. Lastly getting real-time analytics from all these platforms and actionable suggestions from Markopolo algorithm completes the whole user journey.Features: - Integrates with Facebook, Instagram, Google Ads and YouTube - Built in Campaign Manager for scheduling and managing all the ads from one place - Ad Engine that monitors and optimises all the Ads 24/7 - Suggestion Engine that guides like a professional marketer - Get a holistic overview of all the metrics from all the campaigns in one dashboard - Ad Maker that comes with AI Generated Copy and Creatives - Targeting AI generates custom Audience presets - GDPR Compliant1,000+ businesses use Markopolo to automate their campaign creation and management in Social and Search Ad platforms.Try us out- https://www.markopolo.ai/Watch our product demo- https://www.youtube.com/watch?v=0VExF-j9sdg&t=87sWatch this how to get started video series- https://www.youtube.com/watch?v=VyFsYkb4YvQ&list=PLG1FKDs4H_wGH0NfxNflJgr0WVzn6m8Pj
Bloom — Bloom is an operations-as-a-service platform designed for hardware innovators. By connecting product companies with trusted manufacturers, logistics partners, and service providers, Bloom streamlines production, assembly, and after-sales support. Whether in mobility, robotics, clean energy, or emerging tech, Bloom helps brands bring their ideas tomarket faster and more efficiently.

WZ Capital is a boutique venture capital firm investing in early-stage tech startups.

Investment focus

Medical, Wellness, Health Care
Pre-Seed
South Africa

Portfolio highlights

Contro — Get your health and confidence products prescribed online and delivered to your door for free without the waiting rooms!

Tofino Capital is an early stage investor in emerging market technology companies.

Investment focus

SaaS, B2B, Enterprise Software
Seed, Pre-Seed, Series A
South Africa, Egypt, Finland

Portfolio highlights

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Kena Health — Talk to a nurse, doctor or mental health professional on your smartphone with the Kena Health App. Affordable primary healthcare for South Africans. Download Now.
Circadian Technologies GmbH — Circadian Technologies accelerates the energy transition in frontier markets with a SaaS business model, empowering solar developers & energy service companies to reduce operating costs and grow revenue with a data driven platform and proprietary IoT hardware.Circadian transforms the entire value chain of its customers by uniquely providingan end-to-end solution to better design, finance, operate and maintain decentralized renewable energy systems for commercial & industrial sites.

Investors by industry

Artificial intelligence