VC firms, angels, accelerators, DFIs, and corporate venture arms backing African founders.
27four
Venture Capital
27four invests in companies like Divercity, a South African proptech company focused on affordable rental housing in urban areas. They support the expansion of their portfolio, adding new apartments to the urban landscape in South Africa.
27four Investment Managers
27four Investment Managers invests in companies like VitruvianMD, a biomedical technology company developing affordable diagnostic tools for Africans. They focus on supporting the company's expansion efforts, including workforce growth, international regulatory approvals, and exploring new applications for their technology.
4Decades Capital
4Decades Capital is an early-stage investor. They participated in a $1 million seed extension round for GoMetro, a South African mobile transit information app. The firm invests in tech companies across Africa.
4Di Capital
4Di Capital is an early-stage venture capital firm that invests in African tech startups. They focus on sectors such as fintech, enterprise software, and telecommunications. The firm provides funding and support to help startups scale and expand their operations across the continent. They look for innovative solutions addressing key challenges in the African market.
54Collective
Review pending
AECI
AECI invests in African tech startups. They participated in Khula's Series A round, a South African agri-tech startup connecting farmers with suppliers and buyers through a digital marketplace, providing access to inputs, logistics, and financial services. The investment aims to help Khula strengthen its presence in South Africa, expand its digital ecosystem, enhance its technology infrastructure, and support more farmers in accessing agricultural markets.
AI Capital
AI Capital invests in early-stage tech companies in Africa. They focus on startups with innovative solutions and high growth potential, as demonstrated by their investment in OfferZen, a job marketplace for developers.
Absa Bank
Absa Bank is involved in funding rounds for African tech startups, particularly in the agri-tech and off-grid solar energy sectors. They participate in deals alongside other investors, including venture capital firms and development finance institutions. Their investments support companies in expanding their operations, enhancing their technology, and reaching underserved populations.
Absa Corporate and Investment Banking (CIB)
Absa Corporate and Investment Banking (CIB) invests in African tech startups across various stages, as evidenced by their participation in funding rounds. They focus on supporting companies in sectors such as renewable energy and gaming, contributing to the growth and development of the African startup ecosystem.
African Rainbow Capital Investments
African Rainbow Capital Investments is a venture capital firm that invests in African tech startups. They focus on companies that are developing innovative solutions to address the challenges and opportunities in the African market, particularly in sectors like logistics and digital assets. Their investments range from seed to later-stage rounds, supporting companies through various growth phases.
African Renaissance Partners
African Renaissance Partners invests in early-stage African tech companies, with a focus on seed rounds. They look for innovative solutions addressing key challenges in sectors like fintech, cleantech, and logistics. The firm aims to support companies with high growth potential and strong social impact across the continent.
Aions
Aions invests in early-stage African tech companies. They participated in a Seed round for The Awareness Company, a South African SaaS provider leveraging data to improve operations and sustainability across agriculture, conservation, security, and smart infrastructure.
Allan Gray
Allan Gray invests in African tech companies. The firm participated in Talk360's pre-series A round. Talk360 is a South African communications solutions provider that offers a global communication platform enabling affordable international calls.
Allan Gray E Squared Ventures
Allan Gray E Squared Ventures invests in early-stage startups, as evidenced by their participation in a $700,000 seed round for Skrmiish, a South African gaming startup. They focus on supporting innovative companies, particularly those leveraging technology to address specific market needs or create new solutions.
Allan Gray E2 Ventures (AGEV)
Allan Gray E2 Ventures (AGEV) invests in African tech startups. They participated in a $3M seed extension round for Talk360, a South African VoIP startup, to launch a pan-African payment platform and expand its VoIP market share.
Ardent Capital
Ardent Capital is an early-stage investor in Southern African startups. They participated in a seed funding round for HealthDart, a health-tech startup that provides virtual primary care services to patients by connecting low-middle income earners with a network of local independent pharmacies and healthcare providers.
Arise
Arise focuses on investing in African tech companies. They invested $7.5M in South African data collaboration platform Omnisient. They also participated in the $30M Series A round of Nigerian food procurement startup Vendease, which aims to improve the efficiency of the food supply chain in Africa.
Assemble Capital
Assemble Capital invests in companies like MyNextCar, a ride-hailing service enabler that supports individuals and ride-hailing operators by helping them obtain vehicles for business use. They focus on scaling operations, as evidenced by their investment in rolling out new vehicles for Bolt Lite.
Atlantica Ventures
Atlantica Ventures invests in early-stage African tech companies, particularly those providing innovative solutions in key sectors like DevOps, IoT, and cold chain logistics. They focus on startups that address critical challenges and demonstrate the potential for significant impact across the continent, supporting them with capital and expertise to scale their operations and expand their market reach.
Base Capital
Base Capital invests in early-stage African tech startups. They participated in a seed extension round for Kwara, a Kenyan fintech company. They also invested in Nile, a South African agritech startup connecting fresh produce buyers and sellers. Base Capital seems to focus on innovative solutions across various sectors in Africa.
Bathurst Capital
Bathurst Capital invests in early-stage African tech startups. They participated in a pre-seed funding round for Eden Care, a Rwandan digital insurer using technology and data science to improve healthcare access. The investment will support Eden Care's expansion and the introduction of telemedicine services.
Brooklyn Ventures
Brooklyn Ventures invests in early-stage African tech companies. They participated in Talk360's pre-series A funding round. Talk360 is a South African communications solutions provider that offers a global communication platform enabling affordable international calls.
Buffet Investments
Buffet Investments invests in early-stage African tech companies. They focus on startups that are building innovative solutions to address key challenges in Africa. They have invested in fintech, prop-tech, and consumer rewards startups. They seek to expand the reach of the companies they invest in.
CapaciTech
Capitalworks
Capitalworks invests in established African companies with strong growth potential. They focus on various sectors, providing capital for expansion, acquisitions, and operational improvements. The firm seeks to partner with experienced management teams to build sustainable businesses across the African continent.
Castleton Capital
Castleton Capital invests in early-stage African tech startups. They participated in a seed funding round for Maholla, a South African consumer rewards startup that rewards users for scanning receipts, providing real-time insights into consumer purchasing behavior. The funding will be used to expand the platform and strengthen its technical capabilities.
Climate Fund Managers
Climate Fund Managers focuses on climate-resilient assets and green infrastructure in emerging markets. They blend different forms of capital to reduce early risks and attract wider participation in water, sanitation, and green infrastructure projects. They support projects that address climate variability and supply pressures, aiming to support essential services and build more resilient regional systems.
Connectivity Capital
Connectivity Capital invests in companies delivering low-cost internet access to underserved communities. They participated in a pre-Series A funding round for TooMuchWiFi, a South African company providing fibre-backed internet to Township Communities.
Convergence Partners
Convergence Partners is a private equity investor focused on technology in Sub-Saharan Africa. They invest in companies involved in digital transformation and improving the efficiency of African capital markets. They led Yellow's $14 million Series B round to strengthen its presence in existing markets and introduce digital and financial products. They also invested $10 million in 42Markets Group, a South African fintech incubator.
Crossfin Ventures (Pty) Ltd
Crossfin Ventures invests in early-stage African tech startups. They participated in Momint's $1.25 million seed round, a digital asset management platform focused on solar projects and addressing the energy crisis in Africa. The investment will help Momint improve its solutions and expand its reach across the continent.
DotExe Ventures
DotExe Ventures invests in early-stage African tech startups. They participated in a pre-seed round for Happy Pay, a South African company. They focus on supporting innovative solutions within the African tech ecosystem.
E Squared
E Squared is a South African venture capital firm that invests in early-stage companies. They are sector-agnostic. They focus on businesses that have the potential to scale and create a positive impact. They have invested in sectors such as fintech, agritech, and SaaS.
E Squared Investments
E Squared Investments focuses on early-stage investments in African tech startups. They target innovative solutions in sectors like healthtech, as seen with their investment in Zoie Health, a digital women's health clinic. The firm aims to support companies that are expanding their product offerings and extending services across the African continent.
E2 Investments
E2 Investments invests in African tech startups. They participated in a $10 million funding round for MyNextCar, a South African company enabling ride-hailing services by providing vehicles to individuals and operators. MyNextCar is a partner of Bolt in South Africa, supporting low-cost ride-hailing operations.
E3 Capital
E3 Capital invests in startups focused on energy and digital infrastructure, particularly those enabling clean energy trading and access across Africa. They target companies with clear value propositions and regional scalability, as seen in their investments in Open Access Energy and Plentify. They invest in seed and Series A rounds.
E4E Africa
E4E Africa invests in early-stage African tech startups. They focus on sectors like fintech, digital travel solutions, and SaaS platforms that leverage data for sustainability. The firm supports companies in South Africa and other African countries, aiming to help them scale and expand their customer base.
E4EAfrica
E4EAfrica invests in early-stage African tech companies. They participated in Talk360's pre-Series A round. The firm focuses on innovative solutions addressing key challenges in Africa, with a particular interest in scalable and impactful businesses.
ESquared Ventures
ESquared Ventures invests in African tech companies. They participated in GoMetro's $11.4 million Series A round, which will be used to bolster the startup’s operations in the U.K., Europe, and South Africa and expand into the U.S., Latin America, Australia, and possibly the Middle East.
EXEO Capital
EXEO Capital invests in African companies, as demonstrated by their participation in the Series A funding round of SwiftVEE, a South African digital livestock trading platform. The firm supports companies that improve market access and reduce operational risks for farmers, integrating services like insurance, financing, and data. They focus on scaling operations and enhancing financial services within the agricultural ecosystem.
EdTech Impact
EdTech Impact supports high-growth, high-impact companies developing solutions to challenges in South Africa’s education sector. They provide access to equity-free venture funds, support from education innovation specialists, market research support, and pedagogical certification.
Edge Growth
Edge Growth is a venture capital firm that invests in startups and SMEs in South Africa and other African markets. They focus on supporting businesses that have the potential for high growth and significant social impact. The firm provides funding, mentorship, and access to networks to help companies scale and achieve their goals.
Endeavor
Endeavor invests in high-growth startups, often participating in seed rounds. They focus on ventures with the potential for significant impact and scalability, providing not only capital but also mentorship and access to a global network. They look for companies that can demonstrate a strong business model and a clear path to expansion, particularly in emerging markets.
Endeavor SA Harvest Fund
Endeavour Harvest Fund
Endeavour Harvest Fund invests in early-stage companies, as seen in their participation in Flow's pre-Series A round. They focus on South African startups with high-growth potential, particularly in sectors like prop-tech. The fund aims to support companies looking to scale and expand internationally.
Enygma Ventures
Equator VC
Equator VC invests in early-stage companies in Africa. They focus on companies with clear value propositions and regional scalability, particularly in sectors like energy. They participated in a seed round for Open Access Energy (OAE), a South African company operating a digital infrastructure for real-time clean energy trading.
Everywhere Ventures
Everywhere Ventures invests in early-stage African tech startups. They participated in funding rounds for Salus Cloud, a South African AI-native DevSecOps platform, and Revio, an Africa-focused payment orchestration API. The firm seems to focus on scalable solutions addressing challenges in the African tech landscape.
Evolution Ventures
Evolution Ventures invests in companies like Flow48, a fintech company that leverages AI-powered data analytics and risk assessment to provide alternative financing solutions for SMEs across emerging markets. Flow48 offers revenue-based financing and embedded finance solutions, allowing businesses to access capital without diluting ownership. The company intends to use the $69 million Series A funding to scale operations, strengthen its technology infrastructure, and expand into new markets in South Africa, Saudi Arabia, and the UAE.
