VC firms, angels, accelerators, DFIs, and corporate venture arms backing African founders.
Life Ventures Holding
Venture Capital
Life Ventures Holding invests in deep tech companies. They participated in the Series A funding round of Nawah Scientific, a cloud-based laboratory services platform that enables researchers, startups, and industrial clients to access advanced laboratory testing services without owning physical lab infrastructure. Nawah Scientific plans to grow its presence across Africa, the Middle East, and Europe while expanding research infrastructure in existing markets.
Lifetime Ventures
Lifetime Ventures invests in early-stage companies across various sectors. They participated in a seed round for an Egyptian fintech company, Telda. The firm focuses on supporting innovative startups with high growth potential, particularly in emerging markets like Africa.
Lightrock
Review pending
Lightspeed Venture Partners Scout Fund
Lightspeed Venture Partners Scout Fund invests in early-stage African tech startups. They participated in a seed round for Remedial Health, a Nigerian startup providing digital procurement and PMR platforms for healthcare providers, enabling them to source authentic pharmaceutical products and access finance.
Lightspeed Ventures
Lightspeed Ventures led a $1.6 million pre-seed funding round for Berry Health, a Ghanaian healthtech startup that operates a subscription-based platform offering remote diagnosis and treatment for various medical conditions. The platform allows users to interact with licensed medical doctors and clinical psychologists through online consultations, and have medications conveniently delivered to their homes.
Lionbear Conduit Capital
Lions Den
Focuses on early-stage startups across Africa with strong business models, addressing critical challenges in sectors like fintech, healthtech, and edtech. Provides seed funding and emphasizes scalability and cross-border potential, supporting startups in over 21 African countries.
Lion’s Head Global Partners
Lion's Head Global Partners is not directly mentioned in the provided articles. Therefore, I cannot provide information on their HQ country, fund size, or investment thesis based on the given context.
Lion’s Head’s AfricaGoGreen Fund
AfricaGoGreen Fund, managed by Lion's Head, invests in decentralized energy solutions for African businesses. They provide financing for renewable energy installations, focusing on designing, building, and managing these projects. The fund supports companies like Solarise Africa in expanding their portfolios across Kenya and other African countries.
Liquid2 Ventures
Liquid2 Ventures participated in a $4.3 million seed funding round for Duplo, a Nigerian B2B payment startup that provides an end-to-end solution for finance teams, automating back-office processes such as generating and processing invoices, receiving and approving bills, collecting and disbursing funds, and completing account reconciliation. Duplo will use the funds to launch new products and expand into new verticals in Nigeria.
Lisk
I am sorry, but I cannot provide information about Lisk, as it is not mentioned in the provided articles. The articles discuss funding rounds for BasiGo and Jackfruit Network, with investors such as Proparco, TLG Capital, and IDP Foundation.
Livelihood Impact Fund
Livelihood Impact Fund invests in companies that improve the livelihoods of smallholder farmers. They focus on providing farm inputs, pest control services, and purchasing produce. The fund supports companies that enhance technological infrastructure and provide better support to farmers.
Living Hope Ventures
Living Hope Ventures invests in early-stage African tech startups. They participated in Conservio's $1 million pre-seed round. Conservio is a digital travel solutions provider connecting travelers with eco-conscious accommodations and short-let apartments in South Africa, Mozambique, and Namibia.
Localglobe
LocalGlobe is an early-stage venture capital firm that invests in ambitious founders building companies with the potential to scale globally. They focus on seed and pre-seed investments, often participating in the first institutional rounds. They have invested in African startups across various sectors, including fintech, e-commerce, and virtual cities, with check sizes ranging from $2 million to $4.5 million.
Lofty Inc
Lofty Inc is an investor in African tech startups, as evidenced by their participation in Omnibiz's $15 million pre-Series A funding round. They invest in B2B e-commerce platforms that digitize the retail chain.
LoftyInc Capital
LoftyInc Capital is a pan-African venture capital firm that invests in late seed and Series A stage startups across Africa. They are sector-agnostic but have a wide net for attracting companies in health tech, retail, deep tech, and artificial intelligence industries. They aim to help startups overcome the challenges of Series A fundraising and provide faster exit opportunities for Series A investors.
LoftyInc Capital Management
LoftyInc Capital Management is a venture capital firm that focuses on early-stage investments in tech-enabled startups in Africa and its diaspora. They provide funding to companies operating in various sectors, aiming to support and scale innovative solutions across the continent.
Logos Ventures
Logos Ventures invests in early-stage startups in Africa, with a focus on Francophone countries. They target sectors such as logistics and e-commerce, providing seed funding to companies looking to scale their operations and expand their reach across the continent. They participated in a $1 million pre-seed round for ShopZetu and led a $2.5 million seed round for Chargel.
Lorax Capital Partners
Lorax Capital Partners is an Egyptian venture capital firm that invests in early to growth-stage companies, particularly in sectors like fintech. They focus on companies in Egypt and North Africa, providing funding to help them scale their operations and expand into new markets. They participated in funding rounds for Lucky One, MNT-Halan, and Connect Money.
Lowercarbon Capital
Lowercarbon Capital invests in companies focused on reversing climate change and decarbonizing the economy. They invest in various sectors, including energy, transportation, and food, and support companies from early-stage to growth-stage. They participated in a seed round for Zeno, an EV manufacturer in East Africa.
Loyal VC
Loyal VC invests in early-stage startups, as shown by their participation in Betastore's $2.5 million pre-Series A funding round. They focus on companies operating in Africa, specifically Nigeria, within the B2B retail marketplace sector, providing grocery shops with sourcing and working capital solutions.
Lucrative Ventures
Lucrative Ventures invests in early-stage startups, as evidenced by their participation in the seed round of Glamera, an Egyptian SaaS startup. The firm focuses on companies building B2B services and marketplaces, as Glamera provides services to beauty and lifestyle service providers. They co-invest with other VCs and angel investors.
Luminate Fund
Luminate Fund invests in data and intelligence firms. They participated in a $3.3 million seed round for Stears, a Nigerian data and intelligence company providing subscription-based data and insights to global businesses and professionals. The investment will be used to improve data collection and analytics capabilities, as well as talent acquisition and expansion into East and Southern Africa.
Lunate
Luno Expeditions
Luno Expeditions invests in early-stage fintech and crypto startups in Africa. They focus on companies building banking and payment solutions, infrastructure, and tools. They participated in the pre-seed round of a Nigerian banking-as-a-service fintech startup.
Lux Capital
Lux Capital invests in various sectors, including digital banking and technology platforms. They participated in Umba's $15 million Series A round, indicating an interest in early to growth-stage companies in Africa. Their investment focus includes companies that provide innovative solutions and services.
Luxembourg Development Agency
Luxembourg Development Agency invests in companies that improve access to credit for small and medium-sized businesses operating outside formal financial systems. They also invest in deep tech companies operating cloud-based laboratory services platforms.
L’Archer Group
L’Archer Group invests in companies focused on agriculture, energy, and essential infrastructure in emerging markets. They provide capital to support the development of projects like green ammonia facilities, reflecting a focus on sustainable and impactful investments.
M-Empire Angels
M-Empire Angels invests in early-stage African tech startups. They focus on companies leveraging technology to solve key challenges and drive innovation across various sectors. The firm actively seeks opportunities to support and scale promising ventures within the African tech ecosystem, as demonstrated by their investments in companies like Sabika and InfiniLink.
M3, Inc.
M3, Inc. invests in companies like Chefaa, an e-pharmacy platform providing end-to-end healthcare experiences in MENA. The firm supports companies aiming to scale their business models and improve healthcare supply chain digitization.
MAIC Investors Club
MAIC Investors Club invests in early-stage African tech startups. They participated in a funding round for SAYNA, a Malagasy startup that creates mobile video games designed to teach digital professions, which uses algorithms to automatically connect learners to IT micro-tasks requested by international companies.
MBC Africa
MBC Africa invests in African female-led businesses with impactful and scalable solutions in agribusiness, healthcare, tech-enabled solutions, renewable energies, mobility, and FMCGs. They provide funding, hands-on market testing, executive coaching, mentorship, and access to their networks.
MCJ
MCJ invests in companies like Zeno, which designs, manufactures, finances, and distributes electric vehicles, providing reliable electric mobility to the general public. Zeno aims to mass-produce affordable electric motobikes and offer them for sale or rent to the populace, capitalizing on the growing e-vehicles market in East Africa and offering its products in Ethiopia, Rwanda, and Kenya.
MDP
MDP is an Egyptian venture capital firm that invests in seed rounds. They participated in the $8 million seed round of Connect Money, an Egyptian fintech company operating a banking-as-a-service platform. The funding will enable Connect Money to commence operations with five new business verticals across the North African region.
MED Angels
MED Angels invests in early-stage startups in the MENA region. They participated in a $1.2M seed round for Sprints, an Egyptian Edtech company. The network focuses on bridging the tech talent gap in the Middle East and North Africa.
MEVP
MEVP invests in tech companies across the Middle East and Africa. They participated in the Series B round of MoneyFellows, an Egyptian fintech platform. MEVP focuses on growth-stage companies and looks to support companies expanding across the region.
MEXC
I am sorry, but I cannot provide information about MEXC, as it is not mentioned in the provided articles. The articles discuss other investors active in the African tech space, such as Capria Ventures, Global Brain, 216 Capital Ventures, Buffet Investments, Castleton Capital, Praesidium Capital Management, GalloProvincialis, Swedfund and Convergence Partners.
MFS Africa
MFS Africa invests in startups that enable the efficient flow of food across the continent, from point of production to point of consumption. They aim to transform how the entire sector works and remove the bottlenecks that stunt the growth of restaurants and food businesses. They focus on improving efficiency in the supply chain to unlock more growth opportunities.
MFounders
MFounders invests in early-stage startups, as evidenced by their participation in Enakl's $2.3M seed round. Enakl is a Moroccan mobility startup building intelligent shared transport networks. MFounders' investment supports scaling shared transport services across Morocco and launching a new Software-as-a-Service platform for fleet operators.
MIC
MIC Khulisani
MIC Khulisani Ventures is an investment company that launched a fund targeting post-revenue startups. They provide funding to businesses in South Africa and potentially other African countries, with a focus on ventures that have already demonstrated some market traction.
MINT Incubator (EG Bank)
MINT Incubator, backed by EG Bank, invests in African tech startups. While the provided articles highlight various funding rounds in fintech, energy, and AI sectors across Africa, the specific investment thesis of MINT Incubator isn't detailed. The incubator seems to focus on early-stage companies, but further information is needed to define their strategy.
MIT Solve Innovation Future
MIT Solve Innovation Future invests in startups that are using technology to solve global challenges. They focus on ventures that address social and environmental problems, often supporting companies in health, education, and economic prosperity. They provide funding and support to help these ventures scale their impact and reach underserved communities.
MOL PLUS
MOL PLUS invests in startups across various sectors, including logistics, mobility, and sustainability. They focus on early to growth-stage companies, providing capital and strategic support to drive innovation and expansion. Their investments typically range from seed to Series B, with a global scope and a particular interest in the African market.
MPGI
MPGI invests in early-stage African tech startups. They participated in a seed round for a South African recommerce fashion startup focused on acquiring and reselling unsold inventory from major global brands. The investment supports the startup's plans to scale operations and expand across African markets.
MSAS
MSAS invests in early-stage companies, as evidenced by their participation in a $3 million seed round for ConvertedIn, an Egyptian ad automation platform. They co-invest alongside other firms like Merak Capital and 500 Global. Specific sectors or geographic focuses are not detailed in the provided context, but the investment in ConvertedIn indicates an interest in the Egyptian tech ecosystem.
MSMEDA
MSMEDA is an Egyptian DFI that participated as a limited partner in LoftyInc Capital's $43 million Alpha fund. The fund targets late seed and Series A stage startups across Africa, with a focus on East Africa, North Africa, and Francophone Africa. The fund is sector-agnostic, but is interested in health tech, retail, deep tech, and AI.
MTF VC
MTF VC invests in early-stage startups in the MENA region. They focus on companies like Wuilt, which democratizes web development for small businesses and entrepreneurs by enabling them to create websites and e-stores without coding knowledge.
