Seedstars Africa Ventures

Seedstars Africa Ventures is a venture capital firm established in 2020 and based in South Africa. The firm focuses on early-stage investments in high-growth companies across Sub-Saharan Africa, targeting sectors such as utilities, healthcare, products, services, and education. Seedstars Africa Ventures aims to support emerging sectors and typically invests between USD 0.25 million and USD 2 million in a diverse portfolio of up to 30 companies. By fostering innovation and entrepreneurship in the region, the firm is dedicated to contributing to the growth of the African economy.

Maxime Bouan

Partner

6 past transactions

Beacon Power Services

Series A in 2024
Beacon Power Services, established in 2013 and headquartered in Lagos, Nigeria, specializes in designing and implementing energy management solutions for commercial and industrial facilities. The company's core offering is its AI-enabled grid management platform, Adora, which provides real-time visibility into network performance for electric utilities, enabling them to anticipate outages, identify network losses, and distribute electricity more efficiently. Additionally, Adora empowers consumers with control over their energy infrastructure, facilitating invoicing, installations, and logistics. Beacon Power Services aims to enhance the quality and duration of electricity supplied in African cities by building smart grids and leveraging data to reduce inefficiencies in power distribution systems.

Shamba Pride

Seed Round in 2024
Shamba Pride is a technology-driven company focused on enhancing the agricultural trade ecosystem for smallholder farmers in Africa. By offering an online agro management platform, it connects farmers directly to agricultural inputs, services, and vital information, effectively eliminating middlemen and reducing farming costs. The company provides a range of tools and technologies to agricultural input distributors, enabling them to deliver quality products and services. Key offerings include agro dealer upscaling, financial management, soil testing, and logistics management services. Through these initiatives, Shamba Pride aims to improve access to markets and financial services for farmers, ultimately transforming rural agriculture.

Beacon Power Services

Seed Round in 2022
Beacon Power Services, established in 2013 and headquartered in Lagos, Nigeria, specializes in designing and implementing energy management solutions for commercial and industrial facilities. The company's core offering is its AI-enabled grid management platform, Adora, which provides real-time visibility into network performance for electric utilities, enabling them to anticipate outages, identify network losses, and distribute electricity more efficiently. Additionally, Adora empowers consumers with control over their energy infrastructure, facilitating invoicing, installations, and logistics. Beacon Power Services aims to enhance the quality and duration of electricity supplied in African cities by building smart grids and leveraging data to reduce inefficiencies in power distribution systems.

Bizao

Series A in 2022
Bizao is a financial technology company focused on enhancing digital payment solutions across Africa. It provides a platform that enables businesses to accept a variety of local payment methods, including mobile money, credit cards, and electronic payment terminals. By offering powerful APIs and streamlining financial flows, Bizao simplifies the process of managing payments for diverse clients, including local retailers, online merchants, international content providers, money transfer operators, and microfinance institutions. The company's mission is to promote the adoption of mobile payments, thereby supporting economic development throughout the continent.

Poa Internet

Series C in 2022
Poa Internet Ltd. is a telecommunications company based in Nairobi, Kenya, founded in 2015. It specializes in providing low-cost internet services to individuals and small businesses in low-income neighborhoods, particularly in areas like Kibera and Kwangware. The company offers affordable and reliable internet access that is significantly cheaper than traditional network operators. Poa's services are delivered through a Wi-Fi network that covers entire neighborhoods, allowing users to connect with any Wi-Fi-enabled device at any time. Unique to Poa is its transparent pricing model, which includes data bundles without time limitations, as well as free content and online tools such as job boards and marketplaces. By focusing on underserved communities, Poa Internet aims to enhance access to education, trade, and social inclusion while ensuring improved quality of internet connections at accessible prices.

Shamba Pride

Seed Round in 2021
Shamba Pride is a technology-driven company focused on enhancing the agricultural trade ecosystem for smallholder farmers in Africa. By offering an online agro management platform, it connects farmers directly to agricultural inputs, services, and vital information, effectively eliminating middlemen and reducing farming costs. The company provides a range of tools and technologies to agricultural input distributors, enabling them to deliver quality products and services. Key offerings include agro dealer upscaling, financial management, soil testing, and logistics management services. Through these initiatives, Shamba Pride aims to improve access to markets and financial services for farmers, ultimately transforming rural agriculture.
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