VC firms, angels, accelerators, DFIs, and corporate venture arms backing African founders.
SC Holding
Venture Capital
SC Holding invests in African tech startups with a focus on companies with clear value propositions and regional scalability. They participated in a seed round for Octane, an Egyptian energy-tech company that helps businesses manage fleet fueling and maintenance via an AI-powered wallet.
SCM Capital Asset Management
SCM Capital Asset Management invests in companies like SunFi, a fintech company providing solar energy solutions with payment plans in Nigeria. They co-led SunFi's $2.325 million seed funding round, which will enable SunFi to expand its operations and improve its ability to recommend the best systems at the lowest possible cost to customers.
SDF
The article mentions several accelerator and fellowship programs, including WomHub Africa Innovation Fellowship, World Summit Award (WSA) Young Innovators Award, and THRIVE Global Accelerator Program. These programs focus on providing mentorship, networking, and funding opportunities to startups in various sectors, including STEM, digital solutions, and agrifood.
SDG Namibia One Fund
SDG Namibia One Fund is a blended finance vehicle supported by international and local partners, with Climate Fund Managers overseeing execution. They committed early-stage capital to support the development of a large green ammonia facility near Walvis Bay, Namibia, reinforcing Namibia’s growing role in the global clean energy transition.
SEDF
SEDF invests in companies like Hewatele, which secured $20 million to improve its medical oxygen production facilities. The fund supports businesses that contribute to development goals within Kenya and the East Africa region.
SEEDRA Ventures
SEEDRA Ventures invests in early-stage startups, as evidenced by their participation in pre-seed and seed rounds. They co-invest with other VCs and angel investors. They participated in the pre-seed round of Agel, an Egyptian fintech startup, and the seed round of Gameball, an Egyptian marketing CRM platform.
SEFAA
SEFAA invests in companies like Complete Farmer, which raised $10.4 million in a mix of debt and equity financing. They co-invest with other firms such as Acumen Resilient Agriculture Fund (ARAF), Alitheia Capital, Proparco, Newton Partners, VestedWorld Rising Star Fund, Alpha Mundi Group’s Alpha Jiri Investment Fund and Global Social Impact Investments.
SFC Capital
SFC Capital focuses on early-stage investments in African tech startups. They participated in a pre-seed funding round for NewComma, an Africa-focused social media platform empowering African and Black creatives. The investment aims to accelerate NewComma's technological development, enabling creatives to reshape the global creative industry.
SHL Capital
SHL Capital invests in early-stage startups in Africa. They participated in a seed round for Bumpa, a Nigerian social commerce startup that helps businesses manage inventory, engage customers, and track sales. They also participated in a seed round for Bumpa, a Nigerian social commerce startup that helps businesses manage inventory, engage customers, and track sales.
SMBC Venture Capital
SMBC Venture Capital invests in Africa-focused companies, as demonstrated by their participation in the seed round of SORA Technology, a health tech company using drones and AI to combat infectious diseases in Africa. SORA Technology is focused on deploying solutions tailored to serve Africans, particularly in Ghana, Sierra Leone, Benin, and the DRC.
SME Growth Lab
SME Growth Lab is a digital accelerator that empowers business owners and startup founders with digital skills, mentorship, community, and resources to transform their operations and drive economic growth. They partner with other organizations to provide funding support in the form of grants for outstanding entrepreneurs.
SOSV
SOSV is a venture capital firm and accelerator that invests in early-stage startups across various sectors, including hardware, software, and life sciences. They provide seed funding, mentorship, and access to a global network of experts and resources. SOSV focuses on startups with the potential for rapid growth and significant impact.
SPE Capital
SPE Capital invests in companies like Chari, a B2B commerce, inventory management, and financial services platform for small grocery retailers. Chari connects stores with suppliers and credit lines. SPE Capital's investment supports Chari's expansion of its merchant super app, Banking-as-a-Service rollout, deeper penetration in Morocco, and entry into Tunisia and Côte d’Ivoire.
SS Capital
SS Capital invests in early-stage startups in the MENA region. They focus on companies with innovative digital platforms, such as Bokra, which offers goal-based investment and saving products through asset-backed securities. The firm aims to revolutionize wealth management and support the growth of its portfolio companies across the region.
SSE Angel Network
SSE Angel Network (SSEAN) invests in early-stage startups in Africa. They participated in a $400,000 seed funding round for HouseAfrica, a Nigerian prop-tech startup that leverages blockchain and map technology to create a private land registry and digitize real estate project sitemaps.
STEMeIn
STEMeIn is a venture capital firm that participated in the pre-seed funding round of SecondSTAX, a Ghanaian fintech startup. SecondSTAX is building a platform for trading debt and equity securities on African bond and stock markets, initially launching in Ghana and Kenya.
STV
Review pending
SV Angel
SV Angel invests in early-stage technology companies across various sectors. They provide seed funding and mentorship to help startups grow and scale. The firm focuses on supporting innovative founders with disruptive ideas and a strong vision for the future.
SVG Ventures
SVG Ventures runs the THRIVE Global Accelerator Program, a 12-week program for seed to Series A startups in Africa. They focus on innovative companies creating sustainable solutions in the agrifood value chain. Benefits include access to corporate partners, investment opportunities, expert mentorship, brand exposure, collaboration opportunities, expert sessions, and potential investment.
Sagemcom
Sagemcom is a technology group that has invested in WeLight, a solar energy provider in Madagascar, as part of a collaboration with other entities. The investment aims to fund an electrification project deploying solar mini-grids to power settlements across the country.
Sahara Impact Ventures
Sahara Impact Ventures invests in early-stage companies across Africa, focusing on sectors such as renewable energy, agriculture, and healthcare. They provide capital and support to businesses that generate positive social and environmental impact alongside financial returns. The firm seeks to back innovative and scalable solutions addressing critical challenges in underserved communities.
Sahel Capital
Sahel Capital invests in agriculture and agribusiness companies in Nigeria, focusing on improving supply chains, market access, and productivity for small-scale farmers. They aim to connect farmers with buyers and secure competitive pricing for their products.
Saison Capital
Saison Capital invests in seed-stage startups in emerging markets, including Africa. They focus on fintech and blockchain-based solutions, providing loans to micro and small businesses. They participated in seed rounds for Jia (Kenya/Philippines) and Kippa (Nigeria).
Salah Abou Elmagd
Salah Abou Elmagd is an angel investor who participated in the pre-seed round of Business For Teens, an education startup based in Cairo focused on entrepreneurship and financial literacy for young learners. The company designs learning programmes for students in their early teens, combining classroom instruction with hands-on activities that simulate real business scenarios.
Salesforce Ventures
Salesforce Ventures invests in companies with a focus on enterprise technology, including cloud computing, software-as-a-service (SaaS), and mobile technologies. They invest in various stages, from seed to growth, and are known to support companies that align with Salesforce's ecosystem and strategic interests. They participated in Amini's seed round.
Sall Family Foundation
Samata Capital
Samata Capital invests in early-stage African tech startups. They participated in seed rounds for Uncover Skincare, a Kenya-based skincare startup, and other deals in the African startup ecosystem. They focus on companies with high-growth potential and innovative solutions for the African market.
Samurai Incubate
Samurai Incubate is an early-stage venture capital firm that invests in African tech startups. They focus on supporting companies that are improving efficiency, profitability, and climate resilience of food processing in Africa. They led Releaf's $3.3 million pre-Series A round and participated in Pricepally's seed round.
Samurai VC
Samurai VC invests in early-stage startups across various sectors. They participated in a seed round for a Kenyan healthcare platform, MyHealth Africa, indicating an interest in the African tech market. The firm focuses on providing healthcare booking and medical management solutions.
Sanabil 500
Sanabil 500 invests in early-stage startups. They participated in Intella's $3.4 million Pre-Series A round, which will support Intella’s expansion into the Saudi market and facilitate the development of AI models tailored specifically for the Middle East and North Africa (MENA) region.
Sanabil 500 Global
Sanabil 500 Global invests in early-stage startups across various sectors, including technology, fintech, and consumer internet. They focus on companies with high growth potential and scalable business models, providing seed and Series A funding to support their expansion. The fund aims to back innovative founders building transformative solutions in emerging markets.
Sanari Capital
Sanari Capital is an Africa-focused venture capital firm that invests in early to growth-stage companies. They focus on sectors including technology, consumer, and healthcare, providing capital and strategic support to help businesses scale across the continent. They aim to drive sustainable growth and create value by partnering with innovative African entrepreneurs.
Sand River Venture Capital
Sand River Venture Capital is not mentioned in the provided articles. Therefore, it is impossible to determine its investment thesis, HQ country, or fund size based on the given information.
Sango Capital
Sango Capital invests in African tech companies. They participated in Terragon's $9 million Series B funding round, which focuses on consumer insights and marketing technology solutions. Sango Capital's investment supports Terragon's platform enhancement.
Sanlam Maroc
Sanlam Maroc invests in early-stage startups, as evidenced by their pre-seed investment in Woliz, a retail technology startup based in Casablanca. The firm seems to focus on companies building digital tools for small merchants and informal retail, helping them manage operations, track sales, and connect to commercial services.
Sanlam Multi-Manager
Sanlam Multi-Manager invests in African tech startups. The firm focuses on funding rounds spanning logistics, healthcare, fintech, and market intelligence. They look to support companies that are transforming their respective sectors and demonstrate potential for growth and expansion across the African continent.
Sanlam Namibia
Sanlam Namibia, in collaboration with the Namibia Investment Promotion and Development Board, runs the Sanlam Bridge Programme. This program is for entrepreneurs who either already have a registered business not older than one year or have a feasible business idea but lack the financial resources they require to grow their business or turn their ideas into reality. It offers up to N$50,000 in seed capital, training, and mentorship.
Sanofi Global Health
Sanofi Global Health invests in digital retail and last-mile distribution platforms for pharmaceuticals and FMCGs, with a specific focus on women’s healthcare needs and household items. They target companies that serve individual consumers, small resellers, hospitals, pharmacies, and clinics, offering products like sanitary pads, contraceptives, diapers, and cleaning supplies. The investment aims to support expansion into more African countries, focusing on improving reach and customer base.
Sanofi Global Health Unit Impact Fund
Sanofi Global Health Unit Impact Fund invests in early-stage companies focused on improving healthcare access and affordability in underserved communities, particularly in Africa. They target innovative solutions in areas such as supply chain, diagnostics, and digital health, aiming to support companies that can scale their impact and improve health outcomes for vulnerable populations.
Satgana
Satgana is a venture capital firm that invests in early-stage startups across Africa. They focus on companies building solutions for climate and planetary health, sustainable consumption and production, and inclusive and resilient communities. They invest in pre-seed and seed rounds, supporting startups with capital and resources to scale their impact.
Saturn Blockchain Ventures
Saturn Blockchain Ventures invests in early-stage startups, as evidenced by their participation in a $670,000 pre-seed round for Stakefair, a Nigerian DeFi startup focused on sports betting and digital currency interest earning. They co-invest alongside other VCs and angel investors.
Saudi Angel Investors
Saudi Angel Investors invests in early-stage startups. In the African tech ecosystem, they participated in the $3 million funding round of Roboost, an Egyptian delivery management SaaS and AI operations copilot solution provider.
Saudi Arabia’s National Industrial Development Centre
Saudi Arabia’s National Industrial Development Centre invests as part of Saudi Arabia’s initiative to localise advanced industries. They invested in Simplex, which specializes in the design and manufacturing of CNC machines used in industries like woodworking, metalworking, and signage production. Simplex focuses on high-quality, locally manufactured CNC technology, reducing reliance on imports and boosting Egypt’s industrial capabilities.
Saudi VMS
Saudi VMS invests in African tech startups. They participated in the pre-Seed round of Agel, an Egyptian fintech startup providing Sharia-compliant lending services to SMEs. The funding will support Agel's efforts in obtaining a non-banking financial institution license, refining its product offering, and expanding throughout Egypt.
Saudi Venture Studio (VMS)
Saudi Venture Studio (VMS) invests in early-stage startups. They participated in a funding round for Waffarha, an Egyptian group-buying platform looking to expand into Saudi Arabia. VMS likely focuses on tech companies with the potential to scale within the MENA region.
Savannah Fund
Savannah Fund invests in early-stage startups across Sub-Saharan Africa, focusing on sectors like fintech, e-commerce, logistics, and SaaS. They provide seed and pre-Series A funding, offering capital and mentorship to help startups scale and achieve sustainable growth. The fund looks for innovative solutions addressing significant market opportunities in the region.
Savant
Savant Group invests in African tech startups. They participated in SunCulture's $27 million funding round, which focuses on IoT-enabled solar energy systems and irrigation equipment for agricultural producers in Kenya.
Save the Children Impact Investment Fund
Save the Children Impact Investment Fund invests in companies that address barriers to quality education. They participated in the seed round of Zeraki, a Kenyan edtech startup that uses technology to improve the quality of education students receive. The funding will be used to expand Zeraki's product growth and its expansion in East Africa.
