VC firms, angels, accelerators, DFIs, and corporate venture arms backing African founders.
216 Capital
Venture 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.
Groupe Industriel Babahoum Algérie
Groupe Industriel Babahoum Algérie invests in African tech startups. They participated in the $5M Series A round of VOLZ, a travel technology platform for international flight booking based in Algeria. VOLZ plans to use the funding to grow its technical team, strengthen partnerships with airlines, and expand across North and West Africa.
Tell Group
Tell Group invests in early-stage African tech startups. They focus on companies that address local market needs and have the potential to scale across the continent. Their investment in VOLZ, a travel technology platform, demonstrates their interest in companies that are leveraging technology to solve specific challenges in the African market.
The Algerian Startup Fund (ASF)
Review pending
