VC firms, angels, accelerators, DFIs, and corporate venture arms backing African founders.
IFC
Venture Capital
IFC invests in African tech startups across various sectors, including mobility, clean energy, and fintech. They support companies with scalable solutions and a focus on climate-aligned and digitally enabled businesses. They participated in Moniepoint's $200M Series C round, indicating a focus on larger growth-stage investments. They also back companies providing decentralized energy solutions and innovative financing models.
IFHA
Villgro Africa is an impact investment firm supporting the growth of healthcare technology and services in Africa. It enables providers of innovative solutions in health services within Africa to grow and take their ideas to market. It runs a startup incubation program offering personalized mentoring and network access to its portfolio businesses. It invests in early-stage businesses in the health tech and life sciences sector.
IFU
IFU invests in companies that contribute to sustainable economic growth and social progress in developing countries. They focus on sectors such as renewable energy, infrastructure, and manufacturing, providing both equity and loan financing. IFU aims to create development impact alongside financial returns, supporting projects that generate jobs, promote technology transfer, and improve environmental standards.
IKEA Foundation
IKEA Foundation provides grants to entrepreneur support organizations (ESOs) and invests in initiatives focused on waste management, circularity, and sustainable growth in Africa. They support programs that improve investment readiness among small and growing businesses and expose youths and MSMEs in rural areas to career and business growth opportunities.
INCO Ventures
Review pending
INOKS Capital SA
INOKS Capital SA invests in companies like Lupiya, which provides fintech solutions to unbanked and underbanked populations in Zambia, offering loans and online lending services. The firm participated in Lupiya's Series A funding round.
HaloHealth
Haltra Group
Haltra Group invests in companies that promote sustainability and reduce food waste. They focus on upcycling technologies within the cocoa industry, aiming to support smallholder cocoa farmers and foster sustainability.
Hambro Perks Oryx Fund
Hambro Perks Oryx Fund invests in early-stage companies, as evidenced by their co-leading a $2 million pre-seed round in Sharwa, an Egyptian social e-commerce platform. They focus on African tech startups.
Hanga Ignite (BRD)
Hanga Ignite (BRD) invests in early-stage companies, as evidenced by their participation in Kayko's $1.2 million seed round. Kayko is a fintech platform focused on improving access to credit for SMEs in Rwanda by building structured business records. Hanga Ignite supports companies that bridge the gap between informal commerce and formal credit, fostering financial inclusion and strengthening lending decisions.
Harlem Capital
Harlem Capital is a venture capital firm that invests in early-stage companies. They participated in a seed extension round for Lami Technologies, an insurtech startup focused on increasing insurance penetration in Kenya and the rest of Africa. Lami operates an end-to-end digital insurance platform where businesses can create and customize insurance solutions for their customers.
Hashed
Hashed invests in early-stage startups across various sectors, including fintech, education, and digital infrastructure, with a focus on companies building solutions for the African market. They participated in the pre-seed round of Afropolitan, a startup creating a Digital Nation to enable all Africans to build abundant lives.
Hashed Emergent
Hashed Emergent invests in crypto-native products and companies in frontier markets. They focus on democratizing access to economic opportunities presented by crypto and web3. They participated in the seed round of Jia, a blockchain-based fintech startup providing loans to micro and small businesses in emerging markets, and Nestcoin, a cryptocurrency investment software.
Hashkey Group
Hashkey Group participated in the Series A funding round of Ejara, a Cameroonian fintech company that provides an investment app allowing users to purchase cryptocurrency and save it in decentralized wallets. Ejara aims to use the funding to expand its reach in Francophone Africa and promote cryptocurrency activity in the region.
Haskè Ventures
Hassium Capital
Hassium Capital invests in early-stage African tech companies. The firm focuses on startups that are scaling and improving customer experience. They invested in FarmTrace, a South African agtech startup offering a cloud-based management solution for farmers.
Health Finance Coalition (HFC)
Health Finance Coalition (HFC) invests in healthtech startups in Africa. They focus on expanding software tools and financing solutions, particularly fintech offerings like HeliumCredit. They participated in a Series B funding round for Helium Health, a Nigerian healthtech startup.
Health54
Health54 invests in healthtech startups in Africa. They participated in the pre-Series A round of TIBU Health, a Kenyan omnichannel digital health company. They also co-led a $3 million pre-Series A round in Lifestores Healthcare, a Nigerian health technology company focused on democratizing access to high-quality, low-cost primary care.
HealthCap Africa
Focuses on early-stage companies in health tech, Medtech, and digital health solutions, enabling the development of advanced healthcare systems and services in Africa. They invest in innovative and impactful invention-based startups creating scalable healthcare solutions.
Heifer International
Heirloom Fund
Heirloom Fund invests in early-stage startups, as evidenced by their participation in the seed round of Grey, a Nigerian fintech startup. The fund's investment in Grey indicates an interest in companies facilitating cross-border payments and offering multi-currency accounts.
Helios Digital Ventures
Helios Digital Ventures invests in African tech companies. They participated in the Series A extension for SeamlessHR, a Nigerian cloud-based HR and payroll software provider, and in the pre-Series B funding round for Nomba, a Nigerian payment service provider. They also co-invested in Paymob's Series B extension.
Helios Fund V
Helios Investment Partners
Helios Investment Partners is a private equity firm that invests in essential services businesses in Africa, particularly in sectors like energy infrastructure. They focus on backing companies through periods of transformation, including rebranding, operational restructuring, and long-term development. The firm aims to build durable platforms and redeploy capital into other African infrastructure opportunities.
Hesabu Capital
Hesabu Capital invests in African tech startups, with a focus on agriculture and related sectors. They participated in the Series B funding round of Victory Farms, an aquaculture startup based in Kenya, and Pula, an agri-insurance company. The firm supports companies that improve agricultural practices and protect farmers from climate-related risks.
Hi2 Global
Hi2 Global is an investor in African tech companies. They participated in a seed funding round for Pricepally, a Nigerian online grocery store that facilitates same- or next-day delivery of fresh produce and packaged food to buyers.
Highland Europe
Highland Europe is a venture capital firm that invests in European and Israeli companies with global ambitions. While the provided text focuses on their investment in Lemfi, a Nigerian fintech company, it doesn't offer a comprehensive view of their overall investment thesis. Their investment in Lemfi indicates an interest in pan-African financial solutions providers, particularly those enabling cross-border money transactions for the diaspora.
Hlayisani Capital
Hlayisani Capital is an early-stage investor in African tech companies. They participated in a seed extension round for GoMetro, a South African mobile transit information app. They focus on high-growth businesses across Africa.
HoaQ
HoaQ invests in early-stage African tech startups. They have invested in companies like Chowdeck and Klas, focusing on sectors like food delivery and edtech. The firm supports startups aiming to scale their operations and expand their reach within Africa and beyond.
Hoaq Club
Hoaq Club invests in early-stage African tech companies. They participated in a seed round for Stears, a Nigerian data and intelligence firm 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.
Hollard
Hollard is an active venture investor in the African tech ecosystem. While specific details on their investment thesis, such as preferred sectors, stage, geography, and typical check size, are not provided in the given articles, their participation in funding rounds indicates a general interest in supporting emerging tech solutions in Africa.
Holocene
Holocene invests in early-stage African tech companies, with a focus on solutions that leverage data to improve operations and sustainability. They are interested in sectors such as agriculture, conservation, security, and smart infrastructure. They participated in a Seed round for a South African SaaS company.
Horizon Partners
Horizon Partners participated in an oversubscribed seed round for Kippa, a Nigerian financial management and payments platform for small businesses. Kippa offers a suite of financial services that enable small-business owners to incorporate their businesses, open bank accounts, receive and send payments, build online web stores, and manage their entire operations from a single platform. The funds raised will be used to develop products that would help SMEs in growing their businesses.
Huashan Capital
Huashan Capital is an investor that participated in a pre-Series A funding round for DXwand, an omnichannel conversational AI and digital assistant platform. They co-led the round with SOSV, alongside angel investors. Further details about their specific investment thesis for African tech are not available in the provided context.
Huawei
Hub71
Hub71 invests in startups across the MENA region. They participated in the Series A round of Wuilt, an Egyptian platform that helps individuals and businesses create websites and e-stores without coding knowledge. The platform democratizes web development for small businesses and entrepreneurs.
HudsonAlpha AgTech
Huobi Ventures
Huobi Ventures is an investment firm participating in funding rounds for African tech startups. They participated in the $23 million seed round for MARA, a Pan-African crypto exchange platform. The firm invests in blockchain and Web3 companies.
Hustle Fund
Hustle Fund is an early-stage venture capital firm that invests in pre-seed and seed-stage startups. They focus on backing founders building the future of work and e-commerce infrastructure. They invest in companies across various sectors and geographies, including African tech startups.
Hyde Park Venture Partners
Hyperithm
Hyperithm is an investor in African tech startups, as evidenced by their participation in the pre-seed funding round of Hamilton, an Egyptian blockchain and crypto startup. They focus on companies promoting blockchain adoption in the MENA region. They also invested in Canza, a Neobank operating within the Web3 framework.
IBL Group
IBL Group invests in early-stage startups through The Baobab Network and TECA, providing funding and venture-building support to companies across various sectors, including personal beauty and climate change solutions, as part of accelerator programs.
IBL Link Investments Ltd
IBL Link Investments Ltd is a Mauritius-based investment firm that participated in a debt financing round for Solarise Africa, an energy leasing firm providing decentralized energy solutions to African businesses. The investment will be used to expand Solarise Africa's portfolio in Kenya and other African countries.
ICP Ventures
ICP Ventures is an investor in African tech, as demonstrated by their investment in PayTic, a Moroccan fintech solutions provider. PayTic offers a no-code platform for automating back-office operations for financial service providers, indicating ICP Ventures' interest in fintech and technology-driven solutions in the African and MENA region.
ICU Ventures
IDC
IDC participates in funding rounds for African tech startups. They co-invest alongside other venture firms in Series A and later stages. They have invested in sectors such as AI-as-a-service for manufacturing.
IDH
IDH invests in companies that are reducing on-farm food waste and generating additional income for farmers. They focus on upcycling technologies with smallholder cocoa farmers, addressing the challenges of food waste and fostering sustainability.
IDP Foundation
IDP Foundation invests in education and social enterprises, particularly those focused on low-cost private schools in Africa. They provide guarantees and support local currency lending models to protect schools from foreign exchange risk, targeting underserved communities and women-led schools. They aim to improve access to school financing and educational outcomes.
