Kepple Africa Ventures is a venture capital firm established in 2019 and headquartered in Tokyo, Japan. The firm specializes in providing seed-stage and early-stage financing to startups across Africa, focusing primarily on sectors such as information technology, fintech, and business-to-consumer (B2C) markets. By supporting innovative companies in these areas, Kepple Africa Ventures aims to contribute to the growth of the African startup ecosystem.

Beyond Capital is a nonprofit organization based in New York that focuses on impact investing in for-profit, early-stage companies across East Africa and India. Established in 2009, it aims to enhance the quality of life for consumers in low-income communities by investing in businesses that improve access to healthcare, sanitation, clean energy, agriculture, food security, and financial inclusion. While the organization seeks to achieve market-rate financial returns, its nonprofit structure allows it to prioritize its social mission alongside financial goals, aligning its investments with a commitment to fostering positive social change.

Founded in 2007, AHL Venture Partners is a venture capital firm specializing in growth capital investments. It focuses on sectors such as energy access, financial inclusion, agriculture, and climate across Eastern and Southern Africa, with offices in Vancouver, Nairobi, Lusaka, and Accra.

Novastar Ventures is a Kenya-headquartered venture capital firm that supports startups and growth-stage companies across Africa. It partners with bold entrepreneurs to build and scale business models that serve the mass market, with a focus on sectors including healthcare, education, energy, housing and sanitation, agribusiness, food, water, information technology and financial services. The firm targets opportunities in East and West Africa and maintains offices in Nairobi, Lagos and London to connect multiple centres of activity. Rather than a traditional fund manager, it acts as a venture catalyst, helping entrepreneurs design innovative solutions, access capital, and achieve durable impact for people and markets across the continent.

TBL Mirror Fund is a venture capital and private equity firm based in Nairobi, Kenya, with an additional office in Kortenhoef, Netherlands. It focuses on investing in small and medium-sized enterprises in East Africa and Nigeria, primarily through equity or quasi-equity instruments and does not engage in debt financing. The firm targets early to mid-stage companies across information and communications technology, healthcare, and consumer goods sectors, including software, business process outsourcing, IT services, telecom infrastructure, mobile operator services, pharmaceuticals and medical services, clinics and hospitals, and logistics and retail. Typical investment sizes range from €100,000 to €3.5 million, with a preference for €500,000 to €1 million, and investments often accompany board representation and significant minority stakes. The partnership aims for five to seven-year hold periods and seeks to co-invest with strategic investors and partners to add value through hands-on involvement and expertise.

Africa Oil is a Canadian oil and gas company with assets in Kenya and Ethiopia as well as Puntland (Somalia) through its 41% equity interest in Africa Energy Corp. Africa Oil's East African holdings are within a world-class exploration play fairway with a total gross land package in this prolific region in excess of 200,000 square kilometers. The East African Rift Basin system is one of the last of the great rift basins to be explored. Several new significant oil discoveries have been announced in the Lokichar basin of Kenya in which the Company holds a 50% interest along with operator Tullow Oil plc. The Company is listed on the TSX and on Nasdaq Stockholm under the symbol "AOI".

Kuria Capital is a venture capital investment firm and family investment office based in Nairobi, Kenya, founded in 2017. It concentrates on seed-stage investments in finance, logistics, tourism, agriculture, infrastructure, and real estate, with a focus on frontier East Africa markets.

Renew Capital is an investment firm focused on Africa, bridging critical gaps for growing African businesses by connecting them with global impact investors.

Established in 2005, Surya Capital is a principal investment firm focused on high-growth markets in Sub-Saharan Africa, particularly East Africa and Ethiopia. The company provides patient and flexible financial capital to businesses, combining it with operational expertise through strategic partnerships. Surya Capital's experienced team works with entrepreneurs to refine strategies, enhance competitive advantage, execute growth plans, and improve organizational capabilities.

Launch Africa Ventures is a venture capital firm founded in 2020 and based in Ebene, Mauritius, that funds early-stage startups across Africa, focusing on seed and pre-Series A opportunities. It seeks investments across fintech, healthtech, climate tech, agritech, edtech, transportation and logistics, mobility, e-commerce, software as a service, artificial intelligence, big data, and analytics.

Enygma Ventures is a venture capital firm based in Cape Town, South Africa, established in 2019. It focuses on early-stage investments in women-led startups within the Southern Africa region. It describes itself as a purpose-driven investor that combines capital with tailored support, leveraging networks to provide expertise, mentorship, and access to local and overseas markets. The firm emphasizes flexible, efficient deployment of capital and aims to be a collaborative partner for entrepreneurs. Its investment thesis centers on diversity and inclusion, targeting sectors such as education and training services, consumer products including food and personal products, and consumer finance, with a preference for businesses that generate social impact alongside growth. The firm draws on experience across Africa, the United States, and Europe to help portfolio companies scale and access markets.

African Renaissance Partners is a venture capital firm established in 2022 and based in McLean, Virginia. It backs entrepreneurs and innovators driving economic transformation in Africa, investing in technology, payments and fintech, logistics, agtech, education, climate, renewable energy, health tech, and edtech startups. The firm focuses on opportunities across the African continent, providing capital and strategic support to growth-oriented companies that address development challenges and foster sustainable, inclusive growth.

Pearl Capital Partners is a venture capital firm investing in small and medium-sized agribusinesses in East Africa, with a focus on Uganda. Founded in 2005, the company invests between $0.25 million to $2.5 million per company using a combination of equity, quasi-equity, equity-related, and debt investments.

AlphaMundi Group Ltd is a Swiss-based company specializing in Impact Investing, which focuses on generating profitable investments that deliver significant social benefits. Established in 2007 by partners with extensive backgrounds in finance, responsible investments, microfinance, and philanthropy, AlphaMundi provides both debt and equity financing to scalable social ventures across key sustainable development sectors such as microfinance, affordable education, fair trade agriculture, and renewable energy. The company aims to enhance traditional responsible investment strategies and supplement charitable initiatives by promoting measurable impacts and financial viability. In addition to its investment activities, AlphaMundi actively contributes to the growth of the Impact Investing sector through educational events, publications, and participation in industry associations. This approach aligns with a broader trend where leading financial institutions are integrating impact investments into their portfolios as attractive, decorrelated financial assets.

Chandaria Capital is a venture capital investment firm founded in 2017 and based in Nairobi, Kenya. It invests in innovative ideas with the potential to transform Africa and provides mentorship and strategic support to entrepreneurs to help build impactful companies across the continent.

Goodwell Investments is an impact investment firm that provides early-stage to growth capital along with hands-on support to inclusive businesses in Africa and India. It targets sectors including financial services, energy, health, mobility, education, agriculture, water and sanitation, and other basic services that improve livelihoods. The firm seeks minority stakes and offers board representation and advisory services to help portfolio companies scale sustainably. Based in the Netherlands with offices in Amsterdam and Cape Town, it pursues a long-term investment horizon of approximately five to ten years and aims to generate solid financial returns alongside social impact.

Aster Capital Partners SAS is a venture capital firm specializing in direct and fund of fund investments. Within direct it invests in growth capital, seed, start-ups, early venture, mid venture, growth stage, and late venture stages. It seeks to invest in the energy, mobility, industrials, manufacturing, and environment sector with a focus on mobility, environmental and facilities services, information technology, cleantech, water purification, new materials, CO2, advanced materials, biobased materials, clean energy conversion, reliable energy supply, clean transportation, energy conversion and storage, sustainable management of resources, emission reduction, human comfort and security, efficient uses of energy, industrial automation, cybersecurity, robotics, software, buildings and public works, ecological mobility and Intelligent infrastructures. It also invests in nanotechnology, electronics, optoelectronics, internet of things, micro-generation of electricity, and sensors; enabling technologies such as MEMS, new services and networking applications in building automation, energy monitoring and industry sectors, Auto Components, Exhaust and emission controls, motor vehicle safety and security systems, residential security, and communication sectors. The firm focuses on investment cross border with focus on DACH, Nordic region, Europe, Caribbean, North and Central America, Mexico, Canada, Kenya, Uganda, Tanzania, Rwanda, Switzerland, Sweden, Norway, Iceland, Germany, Finland, Denmark, Austrian, United States of America, Israel, China, Japan, and Asia. It typically invests between €0.5 million ($0.59 million) and €5 million ($5.9 million) with revenue up to €50 million ($68.18 million). The firm mainly co-invests in series A and series B rounds. It seeks to acquire minority, and majority stakes and have board representation in its portfolio companies. The firm was formerly known as Schneider Electric Ventures SAS. Aster Capital Partners SAS was founded in 2000 and is based in Paris, France with additional offices in Cambridge, United Kingdom, London, United Kingdom Tel Aviv, Israel, and San Francisco, California.

Uncovered Fund is a venture capital firm founded in 2019 and based in Tokyo, Japan. It targets early-stage startups and concentrates its investments in Kenya, Nigeria, and South Africa, spanning sectors such as retail, fintech, health tech, logistics, mobility as a service, agritech, and smart city initiatives.

Founded in 2010, The Ecosystem Integrity Fund is a venture capital firm based in San Francisco, California. It specializes in early to late-stage investments in companies contributing to environmental sustainability across sectors such as renewable energy, transportation, agriculture, green chemistry, waste management, and more. The fund aims to demonstrate that positive impact on the environment can coexist with outstanding financial returns.

Factor[e] Ventures is an impact venture builder and investment firm that supports early-stage companies in mobility, agriculture, energy and water. Based in Fort Collins, Colorado, it operates across emerging and frontier markets with a focus on Sub-Saharan Africa, backing market-driven solutions that advance sustainable development. The organization connects philanthropic and commercial investors pursuing decarbonized growth, aiming to turn disruptive ideas into scalable businesses addressing energy, agriculture, mobility and waste challenges in fast-growing regions.

Villgro Africa is an impact investor and incubator established in 2015 and based in Nairobi, Kenya. The organization focuses on supporting and scaling new businesses within the African startup ecosystem, particularly in the healthcare and life sciences sectors. Villgro Africa provides a personalized incubation experience, helping entrepreneurs navigate the challenges of building and growing their ventures. By investing in innovative companies, Villgro Africa aims to foster sustainable development and create positive social impact across the continent.

Founded in 1999, TLcom Capital is a London-based venture capital firm with offices in Nairobi and Lagos. It focuses on investing in early to growth-stage technology companies across Europe, Israel, the United States, and sub-Saharan Africa, with a particular emphasis on African-focused tech ventures.

Finnish Fund for Industrial Cooperation is a Helsinki-based development-oriented investment firm established in 1980. It pursues direct and fund-of-fund investments in small and mid-sized enterprises in developing countries with Finnish links, aiming to deliver environmental and social impact. The firm focuses on sectors such as renewable energy, sustainable forestry and agriculture, financial institutions, digital infrastructure, manufacturing, health services, and related services, and it supports ventures that use Finnish technology. Typical commitments range from 1 to 10 million euros, with minority positions up to 30 percent and options for mezzanine financing or investment loans. It co-invests with other development finance institutions and can finance microfinance and infrastructure projects. The firm emphasizes projects aligned with Finnish development cooperation, including activity in Russia and various developing countries, and seeks to partner with entities that bring measurable development outcomes.

Founded in 2016, HOF Capital is a global venture capital firm with $1 billion in assets under management. It invests in ambitious entrepreneurs across various stages, from idea to IPO, focusing on enterprise software, artificial intelligence, frontier tech, consumer, and fintech sectors.

Lateral Frontiers is a New York-based venture capital firm focused on Africa, investing in early and growth-stage technology-enabled companies and providing debt and equity capital to support businesses across financial services, healthcare, education, energy, agriculture, housing, logistics, mobility and other sectors that address significant continental needs.

Future Africa is a Lagos-based venture capital firm established in 2016, dedicated to empowering mission-driven founders and innovators to tackle significant challenges across the African continent. The firm focuses on creating a future where purpose and prosperity are accessible to all. Future Africa invests in a diverse array of sectors, including agriculture, data and artificial intelligence, e-commerce, education, finance, healthcare, and technology, among others. By supporting startups and entrepreneurs, Future Africa aims to foster the development of transformative solutions that contribute to the continent's economic growth and social progress.

Swedfund International AB, established in 1979, is a Swedish government-owned investment firm specializing in high-risk, emerging markets. It provides risk capital, including equity, loans, and expertise, to seed, start-up, and mature companies in Africa, Asia, Latin America, Eastern Europe, and Sweden. Swedfund invests between SEK 5 million and SEK 100 million, seeking a minority stake not exceeding one-third of the total investment. It typically invests in companies that do not manufacture or sell weapons, tobacco, or alcohol, and avoids investing in Swedish businesses of Swedish companies. Swedfund takes a Board seat in its portfolio companies and seeks to exit investments within five to ten years. It does not invest alongside private individuals or co-operatives, provide donations, or engage in sponsorships.

Founded in 2011, Resolute Ventures is a San Francisco-based venture capital firm focused on investing in extraordinary entrepreneurs at the earliest stages of their companies. They typically invest between $50k and $750k, preferring to lead rounds and guide companies towards successful milestones.

Inspired Evolution Investment Management is a Cape Town-based private equity and venture capital firm focused on sustainable environmental and energy technologies in Sub-Saharan Africa. It targets equity investments across multiple growth stages, often as a lead investor seeking significant minority or majority stakes and board representation. The firm concentrates on clean energy and resource efficiency, including energy generation, water treatment, waste management, green chemistry, and related sectors, with additional exposure to sustainable agriculture, ecotourism, and green real estate. The geographic focus spans Southern Africa and broader Sub-Saharan Africa, with activity in countries such as Ethiopia, Ghana, Kenya, Mozambique, Nigeria, Tanzania, Uganda, Zambia and neighboring states. Inspired Evolution operates through a multidisciplinary team to deliver returns aligned with social and ecological outcomes, and maintains offices in Cape Town and internationally in Grand Baie, Mauritius; Abidjan, Ivory Coast; Nairobi, Kenya; and London, United Kingdom.

Untapped Global facilitates data-driven investment opportunities for global investors in high-growth businesses across emerging markets. Its innovative Smart Asset Financing model provides real-time tracking of asset usage and revenue streams, ensuring transparency and profitability. With a presence in San Francisco, Brussels, and Africa, the company aims to create shared prosperity by unlocking economic opportunity in underserved regions.

Founded in 2022, Volve Capital is an Amsterdam-based venture capital firm investing in early-stage tech and impact startups across Western Europe.

Wonder Ventures, established in 2014 and based in Malibu, California, is a venture capital firm that invests in early-stage technology companies. The firm focuses on sectors such as software, blockchain, consumer, financial technology, healthcare, marketplace, transportation, and logistics, with a preference for companies based in Southern California. Wonder Ventures seeks innovative entrepreneurs with long-term visions to address global challenges, typically investing between USD 50,000 to USD 100,000 per company.

End Poverty. Make Trillions. is a nonprofit venture capital investment firm established in 2021 and based in Los Angeles, California. The organization focuses on investing in businesses that address significant societal challenges, particularly in low-income communities. By prioritizing diverse teams, the firm aims to enhance performance and effectiveness in its investments. End Poverty. Make Trillions. emphasizes the potential of universal basic income at federal poverty guidelines to eliminate poverty, positioning itself as a champion for entrepreneurs who have overcome substantial challenges. All profits generated from investments are reinvested into the fund, ensuring a continuous cycle of support for communities facing economic hardships. Through these strategic initiatives, the firm seeks to create sustainable solutions to poverty while fostering economic growth and opportunity.

88mph is a venture capital firm and accelerator founded in 2011, with headquarters in Nairobi, Kenya, and an additional office in Cape Town, South Africa. The firm specializes in seed and early-stage investments, primarily targeting the mobile-web sector. It focuses on English-speaking African countries, particularly Nigeria and South Africa, and typically invests up to $100,000 in startups. In addition to funding, 88mph offers a three-month accelerator program that provides startups with essential resources, including mentorship on product development, market strategies, company structure, and scalability. The firm aims to enhance the growth prospects of early-stage technology companies by leveraging its network of founders, investors, and industry professionals.

Founded in 2015, Founders Factory is a global startup builder and investor focused on fintech, health, climate, and deeptech sectors. It provides catalytic capital and bespoke support to over 300 technology companies worldwide, fostering collaboration with corporates and established entrepreneurs.

Founded in 1995, SOSV is a global venture capital firm headquartered in New Jersey. It focuses on seed-to-growth stage investments in deep tech innovations, primarily in bio-tech/life sciences and hardware/robotics sectors, with a commitment to human and planetary health.

Ground Squirrel Ventures is a Boston-based venture capital firm founded in 2018 that focuses on early-stage opportunities addressing climate change. The firm prioritizes frontier-market investments and clean energy initiatives, seeking to fund companies that advance climate mitigation and sustainable development. Its activity spans regions including Africa, with additional investments in Haiti, Asia, and Latin America, reflecting a global approach to deploying capital where climate-related challenges and growth potential intersect. Ground Squirrel aims to support seed-stage ventures that can scale impact in frontier markets and contribute to energy transition and environmental sustainability.

Mobility 54 Investment, established in 2019, is a venture capital firm based in Paris, France, formed as a joint venture between Toyota Tsusho Corporation and CFAO. The firm focuses on investing in mobility services and technology startups operating in Africa, aiming to support innovative solutions in the transportation sector across the continent.

Founded in 2002 by Patrice Hoppenot, Investisseurs & Partenaires is a pioneering impact investment group dedicated to African Small and Medium Enterprises. Headquartered in Paris with offices across Africa, the firm invests in companies creating local value and long-term employment, focusing on sectors like health, transport, microfinance, and other ventures. Since inception, I&P has invested in over 90 companies across 16 countries, managing four pan-African funds totaling €135 million.

Seedstars is an accelerator and investment firm based in Geneva, Switzerland, founded in 2012. It supports startups in emerging and frontier markets across Latin America, Africa, the Middle East and North Africa, Central and Eastern Europe, and Asia, backing ventures that address financial services, healthcare, education, and commerce through accelerator programs and early-stage investments.

Invested Development is an investment management company established in 2009 and currently headquartered in Atlanta, Georgia. Initially founded in Boston, the company specializes in early-stage financing, particularly targeting technology start-ups in sectors such as mobile technology, alternative energy, and agricultural technology. Invested Development launched its BSP Fund in 2011, which became fully vested across 19 companies by 2020. The firm has successfully facilitated various exits, including acquisitions of companies such as Simpa in India by Engie, OnFarm in the United States by SWIIM, iHub in Kenya by ccHub, and GELI in the United States by Hanwha Q-Cells from Korea.

Persistent is a Nairobi-based venture capital firm focused on Africa, investing in climate, renewable energy, e-mobility, agricultural technology, and solar sectors. It supports entrepreneurs with deep operational and strategic guidance to help them scale sustainable businesses. The firm seeks attractive financial returns while creating social and environmental impact, including improving energy access for underserved markets in sub-Saharan Africa.

Founded in 2001, BlueOrchard Finance is a global impact investment manager headquartered in Switzerland. It specializes in providing innovative financing solutions to microfinance institutions worldwide, aiming to advance socially responsible financial inclusion and offer attractive investment products.

Sunu Capital is a Nairobi-based venture capital firm that specializes in early-stage investments. It targets companies across the global south with the aim of fostering a more prosperous, inclusive, and self-sustaining future. The firm provides tailored capital and uses its network to help portfolio companies pursue growth and prepare for follow-on investments, emphasizing speed, responsiveness, and a long-term commitment to founders. Founded in 2017, Sunu Capital operates from Kenya with regional reach.

Africa Media Ventures Fund (AMVF) is a Netherlands-based organization that mobilizes capital and expertise to invest in entrepreneurs and small to medium-sized media companies in Africa. With a focus on sub-Saharan Africa, particularly in Kenya and Ghana, AMVF provides venture capital ranging from $20,000 to $200,000, along with business development support. Their investors, experienced media entrepreneurs with a passion for Africa, actively engage in managing portfolio companies through visits and board memberships to foster growth and success in the media sector.

Pymwymic, founded in 1994, is a co-owned organization comprising over 150 European wealth holders, including individuals, families, entrepreneurs, and angel investors from diverse backgrounds. The organization advocates for responsible investment practices that prioritize both people and the planet. Pymwymic operates the Healthy Ecosystems Impact Fund, a venture capital fund dedicated to supporting companies that aim to conserve and restore ecosystems, with a particular emphasis on sustainable food systems. By leveraging their collective knowledge, passion, and financial resources, Pymwymic seeks to enhance the credibility of the impact investing sector and strives to establish higher standards, promoting the idea that investing with care for both people and the environment should become the norm.

Incofin Investment Management is an Antwerp-based impact investment firm focused on financial inclusion in developing countries. The company supports rural and agricultural sectors by investing in microfinance institutions and related financial services through debt, equity and guarantees, often taking minority positions and participating on MFIs' boards to guide growth. It also funds microfinance-focused investment funds and private equity vehicles, aiming to reach the rural poor, smallholder farmers, and other actors along agricultural value chains. The firm operates globally, with activity in Africa, Asia, Latin America and beyond, and emphasizes sustainable returns alongside social impact.

KawiSafi Ventures is a venture capital firm.

Founded in 2014, Goodwater Capital is a venture capital firm based in Burlingame, California. It invests in early-stage consumer technology companies, empowering exceptional entrepreneurs to solve pressing problems and create global impact.

Founded in 2017, Ingressive Capital is a Pan-African venture capital firm investing in early-stage technology companies led by exceptional founders across Africa. With a focus on Egypt, Ghana, Kenya, Morocco, and Nigeria, the firm specializes in Pre-Seed and Seed investments, targeting B2C solutions for tech-enabled youth and B2B solutions to increase Africa's value chain ownership.