VC firms, angels, accelerators, DFIs, and corporate venture arms backing African founders.
Outlier Ventures
Venture Capital
Outlier Ventures invests in early-stage startups, including those in the digital asset management space. They participated in Momint's seed round, a South African platform that allows users to invest in solar projects and earn from electricity generation, indicating an interest in innovative solutions addressing the energy crisis in Africa.
Outliers Venture Capital
Outliers Venture Capital invests in early-stage startups in North Africa. They focus on companies digitizing offline experiences, particularly in e-commerce. They led seed rounds for companies like Kenzz and participated in seed rounds for FlapKap. They invest in companies that source products directly from manufacturers and offer discounts to customers.
Outlierz
Outlierz Ventures invests in early-stage startups in Africa, with a focus on pre-seed and seed rounds. They look for companies building innovative solutions across various sectors, including e-commerce, food distribution, and restaurant logistics. The firm participates in rounds alongside other investors.
Outside VC
Outside VC participated in a $3.4 million seed round for Orda, a Nigerian food tech platform that enables restaurants to manage dine-in orders and sales from other channels with limited internet access. Orda intends to use the funds to expand vertically, improving its payments, credit, and lending solutions.
Oxfam Novib
Oxfam Novib is a development organization that supports social enterprises and impact-driven businesses in developing countries. They focus on inclusive business models that benefit low-income communities, promote sustainable development, and address social and environmental challenges. They provide funding, technical assistance, and capacity building to help these businesses grow and scale their impact.
Oyass Capital
Oyass Capital invests in health technology solutions providers. Eyone Medical, a health technology solutions provider transforming medical data management in East Africa, received Series A funding from Oyass Capital. The company provides interoperable digital health systems, and its flagship Shared Patient Record platform enables medical institutions and facilities to share and manage patient information across healthcare networks securely.
Oyster VC
Oyster VC invests in early-stage startups in Africa. They participated in the seed round of SmallSmall, a Nigerian proptech company that provides tenants with the convenience of paying rent on a monthly basis and landlords with a way to screen tenants and manage properties.
P-Maestro
Review pending
P1 Ventures
P1 Ventures invests in early-stage African tech startups, particularly those providing DevOps solutions. They focus on empowering African engineers and software developers by automating security fixes and streamlining software delivery. They participated in the $3.7 million funding round for Salus Cloud, an AI-native DevSecOps platform for African startups.
P1Ventures
P1Ventures invests in African tech startups. They participated in the Series B round of MoneyFellows, an Egypt-based fintech platform that digitizes money circles. The funding will be used to accelerate growth, expand product offerings, and expand across Africa and Asia.
P2Vest
P2Vest invests in early-stage African startups. They participated in the pre-seed funding round of Billboxx, a Nigerian B2B SaaS platform automating business billing and payment workflows. This investment indicates an interest in fintech or SaaS solutions targeting SMEs in Nigeria.
PANI
PANI invests in early-stage African tech companies. They participated in the pre-seed funding round of Leta, a Kenyan B2B supply chain and logistics SaaS provider, indicating a focus on startups expanding throughout Africa.
PASH Global
PASH Global invests in companies that provide access to essential infrastructure, such as energy, water, and transportation, in emerging markets. They focus on sustainable and impactful solutions that improve the quality of life for underserved communities. They aim to generate financial returns alongside positive social and environmental outcomes.
PG Dev
PRC Ventures ICAV
PTS Investments Holdings
PTS Investments Holdings participated in the pre-seed round of Suplyd, an Egyptian restaurant logistics startup. The company digitalizes procurement supply chain processes for hotels, restaurants, and cafes, enabling them to purchase stock directly from suppliers through its platform. The funding will be used to refine the company’s tech stack, expand its team, and scale up operations.
Pale Blue Dot
Pale Blue Dot is a venture capital firm that invests in early-stage companies focused on climate technology. They participated in a pre-seed round for Amini, a Kenyan climatetech startup providing data aggregation for climate and environmental analysis. They invest in companies that are working towards a more sustainable future.
Pallidus Alternative Investments
Palm Drive Capital
Palm Drive Capital invests in early and growth-stage technology companies, including those in the African tech ecosystem. They focus on sectors like fintech and e-commerce, providing capital to startups looking to scale their operations and expand their market presence. They co-invested with other VCs in Series B and Pre-Seed rounds.
Pantera Capital
Pantera Capital invests in companies building blockchain technology and crypto assets. They invest across all stages, from seed to late-stage ventures, and across various sectors within the blockchain ecosystem, including infrastructure, DeFi, and applications. They participated in the Series A round of Jambo, a Congolese startup building a Web 3 user acquisition platform.
ParaFi Capital
Paradigm Investment Group
Paradigm Investment Group invests in web3 and crypto startups. They led the Series A round of Jambo, a Congolese startup building a Web 3 user acquisition platform. They also participated in the seed round of MARA, a Pan-African crypto exchange platform.
Paris Techstars Accelerator
Paris Techstars Accelerator is an accelerator program that invests in early-stage startups. While the provided articles do not offer specific details on their investment thesis, they mention Expert Dojo, a California-based growth accelerator, investing in ComiBlock, a Nigerian investtech startup. This suggests a potential interest in startups operating in emerging markets, particularly in Africa.
Partech
Partech is an active venture capital firm that invests in African tech startups. They have backed companies like Nawy and Carrot Credit, focusing on proptech and fintech sectors. Partech invests in early to growth-stage companies across various sectors, providing both equity and debt financing to support their expansion and market leadership in North Africa and beyond.
Partnering for Green Growth and the Global Goals
Partnering for Green Growth and the Global Goals (P4G) invests in climate-aligned ventures, clean energy, and digital agriculture systems. They support companies that provide solutions for smallholder farmers, reduce post-harvest losses, and promote climate adaptation through IoT and renewable energy. The fund focuses on long-term, scalable impact across Africa, particularly in sectors like e-mobility and solar expansion.
Patient Square Capital
Patient Square Capital invested in the merger of HearX and Eargo, now LXE Hearing, with a $100 million investment. The merger aims to create a leading provider of affordable, high-quality hearing solutions, combining HearX’s technology with Eargo’s direct-to-consumer model. The company will operate Eargo and Lexie Hearing as core products.
Patrick J. McGovern Foundation
The Patrick J. McGovern Foundation provides grants to organizations, as seen with their $250,000 grant to HelpMum, a Nigerian healthtech company. The grant will be used to implement an AI-based framework into HelpMum's vaccination tracking system to improve immunization rates in Nigeria.
Pax Momentum
Pax Momentum is an early-stage startup investment firm that invests in African tech companies. They participated in the pre-Seed round of Balad, an Egyptian fintech company specializing in financial services driven by remittances, targeting migrants and their families.
PayPal Ventures
PayPal Ventures invests in companies that are developing technologies and services to make money more useful and accessible. They invest in fintech, commerce, and infrastructure companies, with a focus on early-stage startups. They have invested in companies across Africa, including Paymob and Stitch.
Peak XV
Peak XV Partners invests in early-stage startups, including those in the African tech ecosystem. They focus on sectors like fintech, SaaS, and consumer internet. The firm provides capital and mentorship to help startups scale and expand their market reach. They participated in a $5 million funding round for Better Auth.
Peer VC
PepsiCo Kgodiso Fund
PepsiCo Kgodiso Fund invests in companies that can revolutionize how emerging farmers access sustainable financing and scale their operations. The fund focuses on supporting the growth and development of agricultural businesses in South Africa.
Perivoli Foundation
Perivoli Foundation invests in companies like Copia Global, which operates a B2C e-commerce and fintech platform serving mid and low-income consumers in rural areas. They focus on companies with a social impact component.
Perivoli Innovations
Perivoli Innovations invests in early-stage companies in Africa. They participated in a Pre-Series A debt and equity funding round for Ilara Health, a Kenyan medical products and solutions provider focused on distributing diagnostics devices and other medical products to healthcare professionals, particularly in rural areas of Africa.
Persistent
Persistent Energy
Persistent Energy invests in companies providing solutions for decentralized renewable energy in Africa. They focus on ventures that increase access to clean energy and promote sustainable development through innovative business models and technologies. They participated in the seed round of Beacon Power Services.
Pfeffer Capital
Pfeffer Capital invests in companies like Kollider, a Bitcoin derivatives exchange based in Seychelles. They participated in Kollider's $2.35 million seed funding round, along with other investors such as Lemniscap, Castle Island Ventures, Polychain Capital, Alameda Ventures, and Okex. The funding will be used to develop Kollider's exchange operation and add more Lightning-native financial solutions.
Phatisa
Phatisa is a private equity firm that invests in various sectors across Africa. While not explicitly mentioned in the provided articles, the context suggests they focus on supporting companies building long-term relevance in African markets. The specific sectors and stages of investment are not detailed in the given text.
Philanthropia
The investor provides grants and accelerator programs to African startups. Focus areas include AI, sustainability, and societal impact. They offer financial support, training, networking opportunities, and access to global business networks. Specific programs mentioned include challenges and accelerators focused on innovation, AI research, and product development.
Philips Foundation
Philips Foundation invests in healthcare-related startups in Africa. They focus on improving access to healthcare services and solutions in underserved areas. They support companies that leverage technology and innovative business models to address healthcare challenges and improve patient outcomes.
Philips Foundation Impact Investments
Philips Foundation Impact Investments invests in companies that improve access to healthcare, particularly in underserved communities. They focus on solutions that leverage technology and innovative business models to address healthcare challenges in a sustainable and scalable manner. They invest in companies that align with Philips' mission to improve people's lives through meaningful innovation.
Pi Campus
Pi Campus is an early-stage venture capital firm that invests in startups. They participated in a pre-seed funding round for Intron Health, a Nigerian AI startup developing speech-to-text transcription tools for the healthcare industry.
Pioneer Fund
Platform Capital
Platform Capital invests in African tech startups across various sectors, including agritech, healthtech, and enterprise software. They participated in funding rounds for Nile, a South African agritech startup, and Zuri Health, a Kenyan digital healthcare company. The firm focuses on early-stage ventures and aims to support innovative solutions addressing key challenges in Africa.
Platform Investment Partners
Platform Investment Partners invests in African tech startups. They participated in Nile's $5.1 million funding round and Yellow's $14 million Series B round. They focus on early-stage investments and support companies in sectors like agritech and asset financing for solar energy and digital devices.
Pledges
Pledges invests in early-stage startups in Africa. They participated in Kibo School's $2 million seed round, which focuses on building a new online university for students who want to solve problems with technology, starting in Sub-Saharan Africa.
Plesion Capital
Plesion Capital invests in African tech startups. They provided additional funding to Releaf, a Nigerian agtech startup focused on improving the efficiency, profitability, and climate resilience of food processing in Africa through proprietary hardware and software solutions.
Plug & Play
Plug & Play is an active investor in the African tech ecosystem, as evidenced by their participation in seed rounds. They invest in various sectors, including cleantech and hospitality. Their investment in Kubik, an Ethiopian cleantech startup, demonstrates their interest in supporting companies that transform waste into affordable building materials. They also invested in Userguest, a Moroccan hospitality software solution.
