VC firms, angels, accelerators, DFIs, and corporate venture arms backing African founders.
Cash Plus VC Fund
Venture Capital
Cash Plus VC Fund invests in B2B marketplaces, specifically those facilitating the distribution of FMCG products to local retailers in Morocco. The fund supports platforms that streamline procurement, optimize inventory, and strengthen supply chain links.
Castle Island Ventures
Castle Island Ventures participated in a seed round for Kollider, a Seychelles-based Bitcoin derivatives exchange. Kollider is developing a Lightning-native derivatives exchange, bitcoin-backed synthetic stablecoins, and a Lightning-enabled bitcoin wallet. The funding will be used to develop the exchange operation and add more Lightning-native financial solutions.
Castleton Capital
Castleton Capital invests in early-stage African tech startups. They participated in a seed funding round for Maholla, a South African consumer rewards startup that rewards users for scanning receipts, providing real-time insights into consumer purchasing behavior. The funding will be used to expand the platform and strengthen its technical capabilities.
Catalyst Fund
Catalyst Fund invests in early-stage startups in Africa, focusing on sectors like fintech, climate tech, and inclusive digital commerce. They provide catalytic capital and venture building support to help startups scale and achieve impact. They look for innovative solutions that address challenges faced by underserved populations.
Catalytic Africa
Catalytic Africa provides funding to early-stage women-led businesses in Africa. They offer enterprise development training, mentorship, peer-to-peer learning, and access to finance. They also participated in a pre-seed round for Sumet, an FMCG distribution company focused on tackling market entry and expansion challenges for brands in Tanzania.
Cathay AfricInvest Innovation Fund
Cathay AfricInvest Innovation Fund invests in early to growth-stage tech and tech-enabled companies across Africa. They focus on innovative business models that address specific African challenges and have the potential for significant scale. The fund seeks to support companies that leverage technology to improve efficiency, access, and affordability in various sectors.
Cathexis Ventures
Cathexis Ventures invests in early-stage startups in Africa. They participated in seed rounds for Remedial Health (Nigeria) and Pylon (Egypt). They focus on companies building innovative solutions in the African market.
Caurice Finance
Review pending
Cauris
Cauris invests in African startups. They participated in Jetstream Africa's $13 million pre-Series A round, which will be used to broaden the company's reach and improve its service offerings in logistics and financing.
CcHub
CcHub runs accelerator programs and provides grants to African startups. They focus on supporting solutions that empower women, improve learning outcomes through EdTech, and develop sustainable solutions in the agri-food value chain. They provide training, mentorship, equity-free funding, and access to networks of professionals and investors.
CcHub-Mastercard Foundation Edtech Fellowship
CcHub and Mastercard Foundation are partnering to empower edtech startups who are building tools that enhance learning outcomes and accelerate access to equitable and quality education for Africa’s next generation. They provide equity-free funding, access to expert advisors, and an extensive network of investors.
Ceniarth
Ceniarth invests in solutions with the potential to have meaningful climate, economic, and gender impacts while accelerating Sub-Saharan Africa’s energy transition. They participated in the REPP 2 Fund by Camco.
Central Japan Seed Fund
Central Japan Seed Fund invests in early-stage startups, as evidenced by their participation in seed rounds for companies like SORA Technology, an Africa-focused health tech company. The fund supports companies integrating advanced innovations to combat infectious disease spread in Africa, utilizing drones and AI.
Challenge For Youth Employment (CFYE)
Challenge For Youth Employment (CFYE) invests in ventures that empower low-income women in Nigeria with skills and credit to become entrepreneurs. They support fintech solutions and aim to expand agent networks, fostering financial independence.
Challenge Fund
Challenge Fund invests in early-stage startups in the MENA region. They participated in a $1.2M seed round for Sprints, an Egyptian Edtech company building a solution to bridge the tech talent gap in the Middle East and North Africa.
Chandaria Capital
Chandaria Capital is a venture capital firm that invests in early-stage startups in Africa. They focus on sectors such as B2B supply chain and logistics SaaS. They participated in a pre-seed round for Leta, a Kenyan B2B supply chain and logistics SaaS provider. They also invest in Sukhiba Connect, a B2B conversational commerce tool.
Change Com
Change Com invests in early-stage startups, including those in the African tech ecosystem. They focus on digitizing various sectors, such as transportation, and support companies with innovative solutions and growth potential in emerging markets. They participated in the seed round of BuuPass, a Kenyan online bus booking service.
Chapel Hill Denham
Chapel Hill Denham invests in African tech startups. They participated in a $15 million pre-Series A funding round for Omnibiz, a Nigerian B2B e-commerce platform. The firm appears to focus on early to growth stage companies across various sectors.
Chapter One
Chevron Technology Ventures
Chevron Technology Ventures invests in clean energy, climate tech, and mobility sectors in Africa. They focus on companies offering financial inclusion and digital infrastructure services, with an interest in long-term, scalable impact.
Chimera Investments
Chimera Investments is an investor that participated in a $400 million equity and debt financing round for MNT-Halan, an Egyptian fintech company. Chimera Investments provided $200 million in equity and led the round.
Chui Ventures
Chui Ventures invests in early-stage African startups. They participated in the seed round of Pricepally, an online grocery store operating in Nigeria, and Uncover, a Kenyan e-commerce skincare company. They focus on companies with the potential for growth and expansion across Africa.
Circle Ventures
Citibank
Citigroup Inc
Citigroup Inc. is a multinational investment bank and financial services corporation. While the provided text does not offer specific details about their investment thesis in African tech, CVCs generally invest in startups that align with their corporate strategy, often focusing on sectors that can create synergies with their existing business lines. They may invest in various stages, from early to growth, and their check sizes can vary widely depending on the specific deal and fund.
CityBlue Hotels
CityBlue Hotels invests in early-stage African tech startups. The firm is interested in companies revolutionizing food sourcing, distribution, and consumption in Kenya, and setting a new standard for food sustainability in the country. They participated in the undisclosed funding round of Farm to Feed, a B2B platform that optimizes agri-produce delivery and logistics operations in Kenya.
Ciwara Capital
Ciwara Capital invests in African tech startups, with a focus on companies in Senegal and French-speaking Africa. They participated in Series A and Series A Extension rounds for LAfricaMobile, a cloud communication digital infrastructure provider. The firm supports startups that enable businesses to connect with customers through mobile platforms like SMS, USSD, and WhatsApp.
Cl Capita
Cl Capita invests in MNT-Halan, an Egyptian super-fintech company offering a consumer-facing app, a merchant app, distributed loan and payment processing software, and payment solutions. MNT-Halan plans to use the funding to scale its products and meet the increasing demand for off-balance sheet funding in Egypt.
Classera
Classera is an investor in the African tech ecosystem, as evidenced by their participation in the $3.4 million seed round of Algerian Edtech company, LabLabee. Classera co-invested with Reach Capital, Brighteye Ventures and e& Capital.
ClayPoint
ClayPoint is an investor that participated in the $50 million Series B funding round of Paymob, an Egyptian payment service provider and payment aggregator. The firm co-led the round with PayPal Ventures and Kora Capital, with participation from other investors including Helios Digital Ventures and British International Investment.
Clear Creek Investment B.V
Clear Creek Investment B.V invests in early-stage African tech companies. They participated in a $4.5 million seed round for Purple Elephant Ventures (PEV), a venture studio focused on regenerative tourism in Africa. PEV encourages visitors to leave their holiday destinations in better condition than they found them.
Climate Capital Ventures
Climate Capital Ventures invests in companies that are building a sustainable future. They focus on businesses that address climate change through innovation in energy, agriculture, transportation, and the built environment. The firm supports companies from seed to growth stages, providing capital and resources to help them scale and achieve their environmental and financial goals.
Climate Fund Managers
Climate Fund Managers focuses on climate-resilient assets and green infrastructure in emerging markets. They blend different forms of capital to reduce early risks and attract wider participation in water, sanitation, and green infrastructure projects. They support projects that address climate variability and supply pressures, aiming to support essential services and build more resilient regional systems.
Climate Investment Funds
Climate Investment Funds (CIF) focuses on providing hands-on experience to young leaders in global climate action through the CIF Youth Fellowship. It supports initiatives related to nature-based solutions, clean energy, adaptation and climate resilience, energy access, and gender and social inclusion, in partnership with Multilateral Development Banks.
Climate Resilient Africa Fund
Club 14
Club 14 invests in early-stage African tech startups. They participated in the seed round of Bumpa, a Nigerian social commerce startup that provides digital solutions for SMEs. The firm focuses on companies building solutions for the African market, with a particular interest in social commerce and digital tools for businesses.
Co-Creation Hub (CcHub)
CcHub is a Nigerian venture capital firm that invests in early-stage startups across Africa. They focus on startups in the fintech space, as demonstrated by their investment in Kwaba. CcHub provides funding and support to help startups grow and scale their businesses.
Codec Ventures
Codec Ventures invests in early-stage African tech startups. They participated in a seed funding round for Qwili, a South African startup focused on digital inclusion by providing access to smartphones and mobile internet for sellers of digital services.
Coinbase Ventures
Coinbase Ventures is an investment firm that invests in early-stage crypto and blockchain startups. They focus on companies building the decentralized future, supporting projects across various sectors within the crypto ecosystem, including infrastructure, DeFi, and Web3 applications. They provide funding and resources to help these startups grow and innovate in the blockchain space, as seen in their investment in MARA, a Pan-African crypto exchange platform.
Coinshares Ventures
Collide Capital
Collide Capital invests in early-stage companies, including those in the African tech ecosystem. They participated in Emtech's $4 million seed round, which focuses on developing a Central Bank Digital Currency (CBDC) Innovation Kit and regtech solutions.
Commerce Ventures
Commerce Ventures participated in a $4.3 million seed round for Duplo, a Nigerian B2B payment startup. Duplo provides an end-to-end solution for finance teams, automating back-office processes such as invoice generation, bill processing, fund collection and disbursement, and account reconciliation. The company intends to use the funding to launch new products and expand into new verticals in Nigeria.
Commercial International Bank (CIB)
CIB is an active investor in the African tech ecosystem, demonstrated by its participation in funding rounds for startups building financial access, clean energy, and enterprise software. The firm focuses on supporting companies that provide innovative solutions and contribute to the growth of various sectors across Africa.
CommerzVentures
CommerzVentures invests in fintech companies, with a focus on those operating in the B2C and B2B segments. They actively participate in funding rounds for African startups, as evidenced by their investment in MoneyFellows, an Egyptian fintech platform. The firm supports companies aiming to expand their product offerings and scale across Africa and Asia.
Concrete VC
Concrete VC invests in fintech solutions providers. They participated in a $4.4 million funding round for PayTic, a fintech solutions provider that powers the backend operations for financial service providers. The company provides a no-code, plug-and-play platform through which banks and electronic money institutions can easily automate the back-office operations of their cards and payments programs.
Connectivity Capital
Connectivity Capital invests in companies delivering low-cost internet access to underserved communities. They participated in a pre-Series A funding round for TooMuchWiFi, a South African company providing fibre-backed internet to Township Communities.
Consonance Investment
Consonance Investment invests in early-stage companies, as shown by their participation in the $1 million pre-seed round of Norebase, a Nigerian trade tech startup. They co-led the round with Samurai Incubate, alongside other investors.
Constant Ventures
