VC firms, angels, accelerators, DFIs, and corporate venture arms backing African founders.
SeedFi
Venture Capital
SeedFi invests in early-stage startups in Africa. They participated in the pre-seed round of Renda, a Nigerian logistics startup that optimizes order fulfillment through inventory management, storage monitoring, and delivery management for retailers.
Seedstars
Seedstars is an early-stage venture capital firm that invests in high-growth startups in emerging markets, including Africa. They focus on sectors such as fintech, e-commerce, and technology solutions that address local challenges. Seedstars typically provides seed funding and supports startups through acceleration programs, leveraging their global network to help companies scale and expand across the continent.
Seedstars International Ventures
Seedstars International Ventures invests in early-stage startups in Africa and emerging markets. They focus on innovative companies leveraging technology to address local challenges and create scalable solutions. The firm provides capital and mentorship to help startups grow and expand their reach across the continent.
Sequence Ventures
Review pending
Sequoia Capital
Sequoia Capital invests in companies across various stages and sectors globally. They participated in the seed round of Telda, an Egyptian fintech company, indicating an interest in early-stage investments in the African tech space, particularly in fintech. Their investment in Telda suggests a focus on companies with innovative solutions addressing financial inclusion and peer-to-peer payments.
Sequoia Capital China
Sequoia Capital China co-led a $10 million Series A funding round in Afriex, a Nigerian fintech company that facilitates global money transfers. This investment indicates an interest in the African fintech space, specifically companies involved in cross-border payments.
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
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
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.
Saviu Ventures
Saviu Ventures invests in early-stage African tech startups. They focus on sectors like logistics, fintech, and cleantech, providing funding and support for expansion and operational improvements. Saviu Ventures aims to help startups scale their solutions across the African continent.
Sawari Ventures
Sawari Ventures is an Egyptian venture capital firm that invests in early-stage companies. They participated in a $12.5 million seed round for Blnk, a digital lending platform in Egypt. They also joined MoneyFellows' $31 million Series B round, a fintech platform digitizing money circles, to accelerate growth and expand across Africa and Asia.
Sawary Ventures
Sawary Ventures invests in early-stage companies, as evidenced by their participation in the seed round of Pearl Semiconductor. They focus on technology companies, as demonstrated by their investment in a semiconductor manufacturer. The firm appears to be active in the Egyptian tech ecosystem.
Schmidt Family Foundation
The Schmidt Family Foundation invests in renewable energy companies. They participated in Nuru's $40 million Series B round to expand operating assets in the Democratic Republic of Congo by developing mini-grids in Goma, Kindu, and Bunia. Nuru focuses on addressing the energy gap in the DRC through utility-scale solar metrogrids, providing reliable and renewable energy to urban communities.
Schmidt Futures
Schmidt Futures invests in various sectors, including technology and science, with a focus on impact and innovation. They support early-stage companies and initiatives that address global challenges and promote long-term societal benefits. They participated in a seed round for Cloudline, a South African aerospace technology company.
Secha Capital
Secha Capital invests in early-stage companies in Southern Africa, particularly those focused on solving critical problems and demonstrating strong growth potential. They target sectors like agriculture and technology, providing capital and support to help businesses scale and improve their operations. They focus on companies that can create significant impact and value within their respective industries.
Seed9
Seed9 invests in African tech startups. They participated in Jetstream Africa's $13 million pre-Series A funding round, which included debt and equity. Jetstream is a logistics platform based in Ghana that enables businesses to book and monitor logistics, financing, insurance, and other trade support services online.
