VC firms, angels, accelerators, DFIs, and corporate venture arms backing African founders.
100 Ventures
Venture Capital
100 Ventures is an Egyptian venture capital firm that participated in a seed round for Glamera, an Egypt-born SaaS startup providing B2B services to beauty and lifestyle service providers and a B2C marketplace for consumers to find and book sessions with such providers. The funding will be used to continue developing and launching new services, as well as expanding into additional GCC markets.
1984 Ventures
1984 Ventures invests in early-stage startups, as evidenced by their participation in pre-seed and seed rounds. They co-invested in Sylndr's $12M pre-seed round. The firm appears to be sector-agnostic, with investments spanning e-commerce, automotive marketplaces, and other industries within the African tech ecosystem.
212
212 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. Through its platform, the company offers revenue-based financing and embedded finance solutions, allowing businesses to access capital without diluting ownership.
212Founders programme
212Founders is an accelerator program that invests in early-stage startups. They provide resources and mentorship to help startups grow and scale their businesses. They invested in Crealo, a copyright management solution for cultural and creative institutions.
216 Capital
216 Capital invests in early-stage African startups, particularly in the HR-tech and legal-tech sectors. They focus on companies providing SaaS platforms and AI-powered solutions tailored to the African market, addressing unique operational challenges faced by businesses across the continent. Their investments aim to support expansion strategies and platform development, helping companies capture market share in underserved African spaces.
27four
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.
468 Capital
468 Capital is a venture capital firm that participated in a $3.2 million seed funding round for Bamba, a Kenyan mobile-based enterprise software for African micro-merchants. The firm co-invested with Presight Ventures, Jigsaw VC, and angel investors.
4DX Ventures
4DX Ventures is an early-stage venture capital firm that invests in startups across Africa. They focus on companies leveraging technology to address significant market opportunities, particularly in sectors like fintech, e-commerce, and healthcare. They provide capital and operational support to help startups scale and achieve sustainable growth across the continent. They look for innovative solutions that can drive financial inclusion, improve access to essential services, and create economic opportunities for Africans.
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.
500 Fintech
Tencent is a global technology and entertainment conglomerate that participates in venture funding rounds. They invest in companies across various sectors, including fintech and insurtech, and at different stages, from seed to late-stage. Their investment approach is global, with a focus on companies that align with their strategic interests and have the potential for significant growth.
500 Global
Review pending
500 Startups
500 Startups is a global venture capital firm and accelerator that invests in early-stage companies across various sectors. They provide seed funding and mentorship to startups, with a focus on helping them scale and grow. They have invested in several African startups across fintech, logistics, and other sectors, providing capital and access to their global network.
54 Collective
I don't have enough information to determine the HQ country or investment thesis of 54 Collective. The provided articles do not mention 54 Collective directly, so I cannot provide a classification.
54Co
54Co invests in African startups, with recent investments in mobility, clean energy, and fintech sectors. They focus on scalable, climate-aligned, and digitally enabled businesses. Examples include investments in Anda (motorcycle taxis in Angola), Sawa Energy (solar energy in East Africa), and nextProtein (insect-based animal feed in Tunisia).
54Collective
8VC
I don't have enough information to determine the investment thesis of 8VC. The provided articles mention 8VC is an investor in African tech companies, but do not provide details on their specific focus, stage, geography, or typical check size.
99 Capital
@iBizAfrica Centre, Strathmore University
iBizAfrica Centre at Strathmore University runs the Standard Chartered Women in Tech Incubator in Kenya. The incubator supports women-led tech businesses through training, mentorship, and access to networks. It is described as Africa's leading incubator program, but specific investment amounts or sector focus beyond women in tech are not detailed in the provided articles.
A Ventures
A Ventures invests in early-stage startups in Egypt. They focus on companies with innovative solutions and high growth potential. Their investment in Mrkoon, a waste management startup, indicates an interest in digital marketplaces and technology-driven solutions for traditional industries.
A15
A15 is a venture capital firm that invests in early-stage tech startups in the Middle East and North Africa (MENA) region. They focus on sectors such as fintech, enterprise software, and e-commerce, providing funding and support to help companies scale and expand their operations. A15 aims to back innovative solutions addressing regional challenges and opportunities.
AAF Management
AAF Management invests in early-stage African tech startups. They participated in a $3 million seed round for Curacel, a Nigerian insurtech startup. The firm focuses on companies with innovative solutions and high growth potential across the African continent.
AAIC
AAIC is a venture capital firm that invests in early to growth-stage startups in Africa. They focus on healthcare, fintech, and other tech-enabled sectors. They look for companies with strong teams and innovative solutions that address significant market needs. AAIC participates in funding rounds as shown in the provided articles.
AAIC Investment
AAIC Investment is a venture capital firm that invests in early to growth-stage companies in Africa and Asia. They focus on healthcare, fintech, and agriculture, providing capital and support to innovative businesses with the potential for significant social and economic impact. They aim to foster sustainable development and improve the quality of life in emerging markets.
AAIC Investments
AAIC Investments invests in early to growth-stage companies in Africa. They focus on providing inventory financing to micro, small, and medium-sized businesses that lack access to traditional financial institutions. They aim to expand solutions to distributors across Kenya.
AB InBev Group
International Breweries Foundation is an arm of International Breweries Plc, part of the AB InBev Group. Kickstart is an initiative of the Foundation and focuses on enterprise growth and development for young entrepreneurs. The program supports youth-owned businesses through the provision of training, access to capital (grants) and mentoring.
ABAN
ABAN invests in early-stage African startups. They participated in a pre-seed round for Sumet, an FMCG distribution company focused on tackling market entry and expansion challenges for brands in Tanzania. The funding will be used to strengthen Sumet’s operational tech stack, expand its market reach, and invest in team development.
ABV funds
ABV Funds invests in early-stage African tech startups. They focus on providing pre-seed funding to companies building innovative solutions across various sectors. Their investments range from fintech to e-commerce, supporting startups with the capital and resources needed for initial growth and market validation.
ACT Ventures
ACT Ventures participated in a $15 million Series A funding round for Umba, a Lagos-based digital bank that allows users to spend, pay bills, get loans, and cashback all from their mobile phone.
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.
AHL Venture Partners
AHOY
AHOY is a venture capital investor that participated in a $3 million seed round for QME, an Egyptian B2B SaaS startup focused on streamlining procurement and supply chain management. QME's platform offers end-to-end digital procurement solutions, automating vendor management, purchase orders, and payments using AI and real-time analytics.
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.
AIIM
AIIM is an infrastructure-focused private equity firm that invests in various sectors across Africa. They provide capital for projects and companies that contribute to the continent's economic development and infrastructure improvement.
AIX ventures
AIX Ventures invests in early-stage companies. They participated in a $2.5 million pre-seed funding round for Ubenwa, a healthtech startup developing AI-powered software for early identification of neurological and respiratory conditions in infants using cry sounds.
ALMA Sustainable Finance (ALMA)
ALMA Sustainable Finance invests in early-stage companies in Africa. They focus on businesses that contribute to sustainable development and have a positive social and environmental impact. They provide capital and support to help these companies grow and scale their operations.
AMK Investments
AMK Investments is a venture capital firm that invests in African tech startups. They focus on early-stage companies and provide funding to help them grow and scale their businesses. They participated in the seed round of Remedial Health, a Nigerian startup providing digital procurement and PMR platforms for healthcare providers.
ANSER RDC
ANSER RDC provides grants to companies. They provided a grant to Altech, an energy company based in the DRC that provides clean, renewable, and affordable energy to poor households both on and off the grid.
ANZA Capital
ANZA Capital invests in early-stage African tech companies. They focus on startups with innovative solutions and scalable business models. The firm seeks to support entrepreneurs driving economic growth and social impact across the continent.
APX
APX invests in early-stage startups. They participated in a seed funding round for Propel, a Nigerian HR tech startup focused on providing tools and services for tech talent communities and assisting corporations in hiring remote workers from emerging markets in Africa. They focus on scaling its community platform, developing new tools, and expanding its network of communities.
ARM Labs
ARM Labs is an initiative by ARM that partners with TechnoVision’s TVC labs to provide young Nigerians with opportunities to develop their innovative ideas into profitable start-up ventures in Nigeria. They invest in early-stage startups, particularly those leveraging technology to solve problems in the real estate sector. They also participated in a seed round for HouseAfrica, a Nigerian prop-tech startup.
ASC VC
ASC VC invests in early-stage African tech startups. They participated in a pre-Series A round for Jetstream Africa, a logistics platform based in Ghana. The firm focuses on companies that broaden reach and improve service offerings, particularly in logistics and financing.
AUC Angels
AUC Angels invests in early-stage startups in the MENA region. They participated in seed rounds for companies like Roboost and Sprints. They co-invest with other angel networks and venture capital firms.
AUDA-NEPAD’s HGS Accelerator
AUDA-NEPAD’s HGS Accelerator focuses on accelerating the growth of African healthcare companies to strengthen the continent’s pandemic resilience, in line with the African Union’s Agenda 2063 aspirations. It offers hands-on and tailored support to growth- and mature stage healthcare businesses through context-specific advisory, investment readiness support, and matching to strategic partners.
AWS
AWS provides support to pre-seed and seed-stage FinTech startups in Africa through the AWS FinTech Africa Accelerator. The 10-week online program offers up to $25,000 in AWS Activate Credits, access to tech resources, guidance, a community of peers, and discounts from AWS Partners. It focuses on areas like Open & Embedded Finance, Big Data & AIML, Blockchain & Decentralised Finance, FinTech-as-a-service, and Financial Inclusion & Sustainability.
AXA IM Alts
AXA IM Alts led a Series B funding round for Helium Health, a Nigerian healthtech startup offering software solutions for electronic medical records, hospital management, billing/medical loans, and analytics to healthcare providers and public health organizations. The funding will be used to grow Helium Health’s software tools and financing solutions, with a specific emphasis on HeliumCredit, the fintech offering of the startup.
AXA Investment Managers
AXA Investment Managers is showing increasing interest in the African startup ecosystem, particularly in sectors like healthtech and fintech. They participated in a Series B funding round for Helium Health, a Nigerian healthtech startup, and also invested in MFS Africa's Series C round. These investments highlight a focus on supporting companies that are expanding their software tools, financing solutions, and digital payment services across the continent.
