VC firms, angels, accelerators, DFIs, and corporate venture arms backing African founders.
Symbiotic
Venture Capital
Symbiotic provided debt financing to MFS Africa, a leading African digital payments company, as part of its $200 million Series C round. No further information is available regarding their investment thesis, typical check size, or preferred sectors and stages.
Symbiotics
Review pending
Symbiotics BV
Synergy Consulting
Synergy Consulting is an active investor in the African tech ecosystem, with a focus on early-stage startups. They participated in the pre-seed round of Anchor, a Nigerian banking-as-a-service fintech startup. The firm invests in companies that are building innovative solutions and have the potential to scale across the continent.
TALYS Group
TBD
TBD Group invests in companies like d.light, which focuses on providing affordable solar lighting and power products in Sub-Saharan Africa and Asia. They provide debt financing to expand operations and services, particularly in low-income areas.
Stanbic Bank Ghana
Stanbic Bank Ghana invests in African tech companies. They participated in Fido's $30 million Series B round, which included both debt and equity. Fido is a financial services company providing digital financial products, including mobile-based loans, savings, and bill payments, primarily targeting individuals and MSMEs.
Stanbic IBTC Bank
Stanbic Kenya
Stanbic Kenya provides financial backing to companies operating in Africa. They participated in a $130 million sustainable securitization deal for Sun King, a Kenya-based off-grid solar energy company that sells, installs, and finances solar home systems for off-grid consumers in Africa and Asia.
Standard Bank
Standard Bank is an active investor in the African tech ecosystem, providing debt and equity funding. They focus on companies offering innovative solutions, particularly in the mobility and financial services sectors. The bank supports ventures that address transport inequality and provide financial access to underbanked populations. They also invest in renewable energy projects.
Standard Bank Corporate and Investment Banking
Standard Bank Corporate and Investment Banking invests in African tech startups. They participated in Float's $11 million funding round. Float, founded in South Africa, operates a payment method that encourages smarter credit card usage among shoppers, allowing them to split payments over time.
Standard Chartered
Standard Chartered invests in women-led tech startups in Africa through its Women in Tech Incubator program. The incubator supports early-stage ventures with mentorship, resources, and access to networks to help them scale and grow their businesses.
Star Strong Capital
Star Strong Capital invests in African tech companies. They participated in a debt funding round for Umba, a digital bank offering financial services in Kenya and Nigeria. The funding will be used to deepen Umba's footprint in Africa and move closer to profitability in Kenya.
StartHub Africa
StartHub Africa partners with organizations to implement programs supporting African startups. They focus on ventures from idea generation to first investment, particularly female-led digital ventures in East Africa. They provide training, coaching, and access to networks and resources.
Startup Wise Guys
Startup Wise Guys is an accelerator program that invests in early-stage SaaS startups in Africa. They provide tailored guidance and support from mentors and experts, helping startups with their go-to-market strategy. The program offers access to a network of founders, practitioners, and investors, fostering value-driven partnerships.
Startupbootcamp Afritech
Startupbootcamp Afritech invests in early-stage African tech startups. They provide mentorship, resources, and access to a network of investors and industry experts. The accelerator focuses on various sectors, including fintech, insurtech, agritech, and cleantech, supporting startups with innovative solutions for the African market.
Station F
Steele Foundation for Hope
Steele Foundation for Hope invests in technology solutions that catalyse progress, build equity, and improve lives. They participated in a Series B funding round for a big data startup headquartered in San Francisco and Cape Town.
Stellar
Stellar invests in blockchain-based gaming startups. They participated in a $2.5 million seed round for Skrmiish, a South African gaming startup that allows users to earn money on the blockchain by playing games.
Stellar Community Fund
Stellar Community Fund invests in early-stage companies focused on clean energy, climate tech, mobility, financial inclusion, and digital infrastructure services across Africa. They aim to support long-term, scalable impact ventures, particularly those leveraging technology for sustainable solutions and community-driven initiatives.
Stellar Development Foundation
The Stellar Development Foundation (SDF) invests in companies building on the Stellar blockchain, particularly those focused on financial inclusion and cross-border payments. They provide grants and investments to support the development of affordable, borderless mobile wallets and payment systems, especially in Africa. Their investments aim to improve access to digital financial services and facilitate cross-border transactions.
Stellar Foundation
Steyn Group
Steyn Group invests in early-stage African tech companies, with a focus on climate tech and sustainable solutions. They provide funding to startups like Bio-Logical, which converts agricultural waste into fertilizers, supporting improved food production and environmental sustainability.
Stillmark
Strat-Tech
Strat-Tech is an investor that participated in a $1.2 million seed funding round for Qwili, a South African startup focused on digital inclusion in Sub-Saharan Africa. Qwili aims to remove barriers to smartphone and mobile internet access for sellers of digital services.
Strategic Angels
Strategic Angels invests in early-stage African tech companies. They participated in a USD 1 million seed round for Bluworks, a Cairo-based startup providing digital tools for HR professionals to manage blue-collar workforces across Egypt and the broader MENA region.
Strategic Capital Investment Limited
Strategic Capital Investment Limited invests in tech companies across Africa, Asia, and Latin America. They focus on improving recommendation engines, refining in-app functions, providing better marketing services, and preparing for global expansion. They participated in a $100M Series A round of Phoenix, a browser-based super app.
Stratified Capital
Strawhat Investment
Strawhat Investment invests in early-stage African tech companies. They participated in a $6 million seed round for Maplerad, a Nigerian BaaS provider offering cross-border payment solutions in fiat and cryptocurrency, indicating an interest in fintech and companies expanding across Africa.
Streamlined Ventures
Streamlined Ventures invests in early-stage companies. They participated in the $15 million Series A funding round of Umba, a Lagos-based digital bank that allows users to spend, pay bills, get loans, and cashback all from their mobile phone.
Stride Ventures
Stride Ventures is an Indian venture capital firm that participated in a $10 million funding round for Moove, a mobility fintech company. Moove is expanding into India and the funding will help strengthen its presence in the Indian market and expand operations to new cities.
Sudeep Ramnani
No clear investment thesis is evident from the provided context. Sudeep Ramnani participated in a pre-seed round for Suplyd, an Egyptian restaurant logistics startup. The investment was part of a larger group of investors, including Endure Capital, Seedstars, Camel Ventures, Falak Startups, Outlierz, Plus Ventures, Fort, Alex Angels, and other angel investors.
Sukna Ventures
Sukna Ventures invests in early-stage African tech companies. They focus on sectors like fintech and semiconductors, as seen in their investments in Flend, InfiniLink and MoneyHash. The firm supports companies aiming to scale their operations and expand their market reach across Africa and the MENA region.
Sultan Ventures
Sultan Ventures invests in early-stage startups across various sectors. They focus on providing capital and support to help companies scale and expand their operations. The firm actively participates in seed and pre-seed funding rounds, contributing to the growth of the African tech ecosystem.
Sumitomo Corporation
Sumitomo Corporation invests in startups across various sectors, including climatetech, fintech, and cold chain solutions. They participate in funding rounds from pre-seed to Series B, supporting companies in emerging markets like Kenya, Ethiopia, Nigeria, and the Philippines. Their investments aim to provide innovative solutions and address specific needs in areas such as climate data, women's health, microfinance, and perishable goods management.
Sumitomo Mitsui Trust Bank (SMTB)
Sumitomo Mitsui Trust Bank (SMTB) invested in Verod-Kepple Africa Ventures, a venture capital fund focused on Africa. The fund invests in scalable, tech-enabled, post-revenue companies tackling difficult issues across multiple industries on the continent.
Sunny Side Venture Partners
Sunny Side Venture Partners invests in early-stage African startups. They focus on companies leveraging technology to solve key challenges across various sectors, including logistics, fintech, and e-commerce. The firm seeks to support innovative and scalable businesses with strong growth potential in the African market.
Sunu
Sunu Capital invests in early-stage African tech startups. They participated in seed rounds for Hohm Energy and ThePeer. The firm's specific investment focus and typical check size are not detailed in the provided articles.
Super Capital
Superorganism
Superorganism invests in early-stage companies, including pre-seed and seed rounds, with a focus on climate tech and data aggregation platforms. They participated in the seed and pre-seed rounds of Amini, a Kenyan climatetech startup providing data solutions for climate and environmental analysis.
Susa Ventures
Susquehanna Foundation
Susquehanna Foundation invests in companies like Plentify, which uses smart tech to provide affordable, reliable, and clean energy solutions to consumers. The foundation supports the company's expansion within South Africa and in international markets.
Susquehanna Private Equity Investments LLLP
Susquehanna Private Equity Investments LLLP invests in companies like Okra Solar, which develops IoT-enabled hardware and software for last-mile energy companies serving remote off-grid communities. They participated in Okra Solar's Series A round, which included both debt and equity funding.
Sustainable Energy Fund for Africa
Sustainable Energy Fund for Africa invests in clean energy projects across Africa, focusing on distributed solar and battery systems for SMEs. They provide long-term development finance capital to scale installations and improve access to flexible financing for businesses. The fund supports projects that reduce reliance on unstable grid supply and promote ESG practices.
Suzuki Global Ventures
Suzuki Global Ventures invests in African tech startups with clear value propositions and regional scalability. They participated in the Series A funding round of Peach Cars, a tech-driven peer-to-peer platform reimagining the used car buying experience in Kenya. The company combines a smart engine check device, a 225-point inspection protocol, digital payments, and ownership transfer support.
Swedfund
Swedfund is a development finance institution that invests in sustainable businesses in emerging markets, including African tech. They focus on sectors like renewable energy and financial services, providing equity and debt financing to support growth and development. They aim to contribute to economic development and poverty reduction through their investments.
Swedfund International AB
Swedfund International AB invests in African tech startups, as seen in their participation in TymeBank's $77.8 million pre-Series C round. They support companies across various sectors and stages, contributing to the growth and development of the African startup ecosystem.
Swen Capital Blue Ocean Fund
Swen Capital's Blue Ocean Fund invests in companies producing sustainable insect-based ingredients for animal feed, such as protein powder, insect oil, and organic fertilizer, using Black Soldier Fly larvae grown on low-value agricultural byproducts.
