Beyond Capital Fund is an impact investment organization based in New York, established in 2009. It makes for-profit, early-stage investments in startups in East Africa and India, targeting health care access, sanitation, clean energy, agriculture and food security, and financial inclusion to improve the lives of people in low-income communities. The fund seeks market-rate returns but is structured as a nonprofit, which allows it to emphasize its social mission alongside its financial mandate.

Kepple Africa Ventures is a venture capital firm founded in 2019 and based in Tokyo, Japan, that provides seed-, early-, and later-stage financing to African startups, with a focus on information technology, fintech, and consumer sectors.

Novastar Ventures is a Kenya-headquartered venture capital firm focused on early to growth capital for businesses that serve Africa’s mass market. Founded in 2014, it operates from Nairobi with additional offices in Lagos and London, and partners with entrepreneurs to develop innovative business models that improve outcomes in healthcare, education, agriculture, energy, housing and sanitation, financial services, information technology, and consumer products. The firm concentrates on bottom-of-the-pyramid markets across East and West Africa and beyond, emphasizing solutions that drive value for the many rather than the few. It positions itself as a venture catalyst rather than a traditional fund manager, providing hands-on support to entrepreneurs to bring ideas to life and scale impact. Typical investments range from about $0.25 million up to $8 million, and the firm pursues investments that combine commercial returns with ESG and social impact.

Inspired Evolution Investment Management is a Cape Town-based private equity and venture capital firm focused on sustainable energy and environmental technologies in Sub-Saharan Africa. Founded in 2007, the firm targets growth-oriented opportunities across clean energy, energy efficiency, water treatment, waste management, sustainable agriculture, and related infrastructure. It provides equity capital across multiple stages, often acting as a lead investor and taking board seats in portfolio companies. The firm emphasizes both financial returns and measurable development outcomes, and it generally targets markets in Southern Africa with broader engagement across Africa. In addition to capital deployment, Inspired Evolution offers advisory services to support growth and sustainability strategies. The firm operates offices in Mauritius, Ivory Coast, Kenya, and London, enabling cross-border collaboration and sourcing opportunities.

AHL Venture Partners is a venture capital firm that provides growth capital through minority equity, quasi-equity, and debt investments in African companies. It focuses on energy access, financial inclusion, agriculture, climate, and food sectors, with activity across Eastern and Southern Africa and offices in Vancouver, Nairobi, Lusaka, and Accra. The firm emphasizes rapid decision making and ongoing business support, with locally grounded teams to assist portfolio companies as they scale.

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.

TBL Mirror Fund is a venture capital and private equity investment firm based in Nairobi, Kenya, with an additional office in the Netherlands. It backs small and medium enterprises in East Africa and Nigeria, focusing on information and communications technology, healthcare, and consumer goods, along with related commercial services. The firm primarily invests in equity or quasi-equity, often taking a minority stake and a board seat to help guide growth. It targets early to mid‑stage companies and seeks partnerships with strategic investors, typically engaging in mid-sized funding rounds. The firm emphasizes ethical norms, environmental responsibility, and good labor practices in its portfolio. Beyond providing capital, it supplies governance and operational know‑how from its managers and investors to help portfolio companies scale, with attention to software, telecom infrastructure, healthcare services, and consumer goods logistics and distribution across East Africa and Nigeria.

Africa Oil Corp is a Canadian oil and gas company with assets in Kenya and Ethiopia and Puntland in Somalia through its 41% equity stake in Africa Energy Corp. Its East African holdings form part of a prolific exploration play along the East African Rift Basin, with a land position exceeding 200,000 square kilometers. In Kenya’s Lokichar basin, the company holds a 50% interest alongside operator Tullow Oil, supporting ongoing exploration in the region.

Savannah Fund is a seed-stage technology venture capital firm based in Ebene, Mauritius, investing in early-stage startups across sub-Saharan Africa, with a focus on agtech, content, e-commerce, edtech, enterprise, fintech, healthcare and logistics. It typically backs seed rounds from about 25,000 to 500,000 USD and extends support through an accelerator program and a follow-on independent seed fund, leveraging local and international networks to help portfolio companies grow toward regional or global scale.

Surya Capital is a principal investment firm focused on high-growth markets in Sub-Saharan Africa, with emphasis on East Africa and Ethiopia. Not structured as a private equity fund, it provides patient and flexible capital to businesses, complementing capital with operational expertise by sourcing operating partners and strategic investors experienced in its sectors. The firm's management team leverages decades of private equity investment and business-building experience to partner with entrepreneurs on refining strategies, strengthening competitive advantages, and executing growth and expansion plans, while assisting with new financing and building execution capabilities. Its flexible approach includes greenfield, growth, and control investments, tailoring proposals to each opportunity while adhering to private equity governance standards. Surya Capital aims for win-win partnerships with local communities and stakeholders, combining rigorous governance with long-term value creation.

Global Partnerships/Eleos Social Venture Fund is an early-stage impact-led fund focused on investing in social enterprises that aim to improve the lives of individuals living in poverty in East Africa. The fund targets approximately 12 high-potential social enterprises operating in sectors such as education, energy, health, rural livelihoods, sanitation, and water. Financing is provided through seed-stage convertible debt and early-stage equity, with an emphasis on active engagement at the board level. The overarching goal of the fund is to positively affect the lives of over 5 million people throughout its duration.

IFU is a venture capital and private equity firm based in Copenhagen, Denmark, that specializes in providing equity, mezzanine financing, loans, and guarantees to projects in developing countries. Established in 1967, IFU focuses on creating and financing new businesses, joint ventures between Danish companies and local partners, and acquiring existing ventures. The firm primarily invests in sectors such as commercial services, biofuels, renewable energy, and irrigation systems, with a particular emphasis on climate and agribusiness. Investments are targeted at countries with a low gross national income per capita, as defined by specific criteria, and include regions across Africa, Asia, Europe, and Latin America. IFU typically invests between DKK 0.5 million and DKK 100 million and often seeks co-investment opportunities with Danish firms. The firm also supports small and medium-sized enterprises and provides advisory services for business investments in developing markets. With a preference for board membership, IFU aims to exit investments within five to seven years, ensuring a positive return for its stakeholders.

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.

AlphaMundi is a Swiss-based impact investing company that provides debt and equity financing to profitable, scalable ventures across sectors such as fintech, rural microfinance, smallholder agriculture, renewable energy access, and affordable housing and education for low-income communities. It is exclusively dedicated to impact investing, seeking financial returns together with measurable social and environmental benefits. The firm supports development-focused ventures through dedicated investment programs and co-investments, aiming to broaden the integration of impact considerations into traditional investment portfolios. AlphaMundi also engages in education, publications, and industry initiatives to advance the field of impact investing and to promote sustainable development within financial markets.

Renew Capital is a venture capital firm focused on Africa, headquartered in Addis Ababa, Ethiopia, established in 2007, that finances businesses operating in the impact and technology sectors across the continent and seeks to bridge critical gaps for Africa's growing companies by connecting them to a global network of impact investors.

Swedfund is a government development finance institution based in Stockholm, with an office in Nairobi, established in 1979. It mobilizes capital and expertise for investments in private markets across Africa, Asia, Latin America and Eastern Europe, including direct investments and fund of funds activities. It finances a range of instruments, from equity to loans and other debt-like structures, and supports knowledge transfer and equipment upgrades, including depreciation loans to Swedish small and medium-sized enterprises. It pursues minority investments, typically in the range of 5 to 100 million SEK, with board seats and participation in investment committees, and aims for exits in five to ten years. It operates as a bilateral development financier within the European Development Finance Institutions network.

Founders Factory builds and funds startups by pairing capital with hands-on support. Founded in 2015 in London, it operates as an accelerator and venture builder, investing in fintech, health, climate, and deeptech. The firm collaborates with entrepreneurs and leading corporate partners to develop ideas, technologies, and business models, providing capital and tailored operational support from a team of specialists and a broad network. It has backed hundreds of technology companies worldwide through its accelerator and venture-building programs.

Villgro Africa is an accelerator, incubator, and impact investor focused on supporting healthcare and life sciences startups across Africa. Founded in 2015 and based in Nairobi, Kenya, the organization seeks to invest in and nurture companies operating in Africa's health sector. It provides incubation and tailored support to help early-stage ventures scale their ideas, navigate the African startup ecosystem, and accelerate impact.

European Investment Fund (EIF) is a public institution established in 1994 to improve access to finance for Europe's small and medium-sized businesses. It designs and develops venture capital and guarantee instruments to support SMEs and to catalyse private investment, aiming to build a robust European equity ecosystem. EIF engages in venture capital, growth capital, and guarantee operations, backing innovative entrepreneurs primarily in technology and life sciences, as well as across other sectors. Through cornerstone investments and fund participation, EIF seeks to crowd in private investors and stimulate venture activity across Europe. Its equity portfolio has grown substantially, with assets under management exceeding EUR 14 billion, reflecting its broad role in strengthening SME finance and supporting entrepreneurship and growth.

Ecosystem Integrity Fund is a California-based venture capital firm founded in 2010 that finances early-stage companies advancing environmental sustainability. The firm seeks to demonstrate that sustainable practices can coexist with solid financial returns and targets investments in sectors including energy, transportation, clean tech, climate resilience, agriculture and food, water, and waste management, with emphasis on resource efficiency, biodiversity, and environmental remediation. It pursues impact investments aligned with ESG goals and often supports companies across North America, with later vintages expanding to Canada and Europe. Investments typically occur at the early growth stage, with capital deployed to help portfolio companies scale solutions that reduce environmental impacts and strengthen ecosystem integrity.

Launch Africa Ventures is a venture capital firm based in Ebene, Mauritius, founded in 2020. It invests in early-stage technology and platform-enabled businesses across Africa, with a focus on fintech, healthtech, climate tech, agritech, edtech, transportation, logistics, mobility, e-commerce, software as a service, artificial intelligence, big data, and analytics, spanning both business-to-business and business-to-consumer models.

Aster Capital is a Paris-based venture capital firm founded in 2000, with offices in Paris, London, San Francisco, Tel Aviv and Nairobi. It backs early- to growth-stage companies in mobility, energy, and industrials, with a focus on digital and deep-technology across Europe, North America, and Africa. The firm pursues direct investments as well as fund-of-funds strategies and seeks to acquire minority or majority stakes with board representation in portfolio companies. Its focus areas include renewable energy, clean transportation, energy efficiency, smart manufacturing, IoT, nanotechnology and other enabling technologies that support sustainable resource management and infrastructure. Aster Capital collaborates with portfolio companies to accelerate growth, drawing on a broad ecosystem of experts and strategic partners to help expand markets and scale operations.

Wonder Ventures is a venture capital firm based in Malibu, California that invests in technology startups at the early stage. It focuses on companies spanning software, blockchain, consumer technology, fintech, healthcare, marketplaces, transportation and logistics. While anchored in Southern California, Wonder Ventures actively supports teams in major markets such as Los Angeles, New York City and Silicon Valley, seeking to back founders with strong ideas and long-term solutions.

Science is a California-based venture capital firm headquartered in Santa Monica that targets early-stage technology investments in the United States and India. The firm participates across seed, early, and later stages and backs companies in sectors including e-commerce, apparel, data services, media, blockchain, edtech, fintech, IoT, micro-mobility, gaming, and marketplaces. It identifies entrenched markets and societal shifts and supports disruptive companies with highly focused teams, and has co-founded and invested in more than 60 companies.

VestedWorld is a Chicago-based early-stage venture capital firm that invests in agribusinesses, consumer products and services, and technology-enabled businesses across Sub-Saharan Africa. Founded in 2014, the firm targets emerging-market companies and supports them with capital, active involvement in governance, and strategic and operational assistance to foster growth and development in the markets it serves.

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.

Mercia Asset Management is a UK-based asset management firm focused on equity and debt investments, including venture and private equity, across the United Kingdom. It provides a complete capital solution, aiming to deliver superior returns to business owners, shareholders and fund investors. The firm backs companies in sectors such as digital and digital entertainment, electronics, materials, manufacturing, engineering, life sciences and biosciences, software and e-commerce, and the internet. Founded in 1982, Mercia Asset Management operates within the UK asset management landscape and supports growth-oriented businesses.

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

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.

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.

Adanian Labs is a venture studio based in Nairobi, Kenya. Established in 2020, it focuses on nurturing early-stage startups into scalable, data-driven businesses, primarily in Africa. The company aims to build innovative solutions across various sectors such as healthcare, technology, agriculture, and education.

Ingressive Capital is a Lagos-based venture capital firm that focuses on early-stage technology companies across Africa. It pursues pre-seed to seed investments in fintech, SaaS and cloud, internet, health tech, and agritech, with a pan-African footprint including investments in Egypt, Ghana, Kenya, Morocco, and Nigeria. The firm backs indigenous founders and aims to be a strategic partner on founders' cap tables, supporting growth through transformational tech-enabled solutions and contributing to Africa's value-chain development and GDP growth. By prioritizing B2C solutions for Africa's youth and B2B platforms that enhance value-chain ownership, Ingressive Capital seeks to accelerate entrepreneurial success across the continent.

Seedstars is a Geneva-based venture capital and accelerator firm focused on emerging and frontier markets. It funds and accelerates high-growth technology ventures at the pre-seed and seed stages and operates programs to support entrepreneurship across regions including Latin America, Africa, the Middle East, Europe, and Asia. The firm targets sectors such as financial services, healthcare, education, energy, information technology, and other technology-enabled solutions, and it runs initiatives and events to help startups scale, create impact, and access global networks.

Norrsken22 is a technology growth investment firm based in Cape Town, founded in 2016, that partners with exceptional entrepreneurs to build Africa's next tech giants. It pursues growth and expansion investments across Africa, with a focus on medtech, edtech and fintech, and broader technology-enabled sectors such as information technology, business products and services, and health tech. The firm targets opportunities across key African hubs including Nigeria, Kenya, South Africa and Ghana, supporting portfolio companies through scalable expansion and strategic growth.

Sunu Capital is an early-stage venture capital firm based in Nairobi, Kenya. It invests in companies across the global south that aim to create a more prosperous, inclusive, and self-sustaining future. The firm provides tailored investments and leverages its network to offer additional capacity and capital, helping portfolio companies grow and prepare to access follow-on funding. Sunu Capital emphasizes long-term partnerships and responsive support to enable ambitious companies to pursue game-changing opportunities.

SOSV is a global venture capital firm based in Princeton, New Jersey, founded in 1995, that focuses on seed to growth investments in deep technology across health, environmental tech, hardware, robotics, and cross border software, with a particular emphasis on Asia. The company runs accelerator style startup development programs, including HAX and IndieBio, which provide facilities, engineering resources, and lab equipment to help founders accelerate product development, acquire customers, and attract later stage funding. SOSV pursues a limited number of high potential startups, offering extensive hands on support to speed commercialization and scale, and aims to back innovations that improve human and planetary health.

Africa Media Ventures Fund is a venture capital firm headquartered in Almere, Netherlands, that invests in media-focused ventures and small to mid-sized African media companies, providing capital and business development support, with investments typically between 20,000 and 200,000. It focuses on sub-Saharan Africa, particularly Kenya and Ghana, and its investors are experienced media entrepreneurs who participate in the management of portfolio companies through visits and board roles.

Investisseurs & Partenaires is an impact investment firm focused on African small and medium enterprises. Founded in 2002, it provides capital, technical and strategic support to portfolio companies to foster growth, job creation, and local value, while pursuing social, environmental and governance impact. The organization supports a network of pan-African funds and sponsors several Africa-facing impact funds, including initiatives in electricity access, with a team of about 30–40 professionals based in Europe and Africa. The firm emphasizes long-term partnerships and hands-on assistance to help entrepreneurs strengthen strategy, governance and operations across sectors such as health, transport and microfinance.

Pymwymic is a co-owned community of European wealth holders focused on impact investing that prioritizes people and the planet. Founded in 1994, it comprises more than 150 individuals, including families, entrepreneurs and angel investors from diverse backgrounds. The organization directs capital toward ventures that conserve and restore ecosystems, with an emphasis on sustainable food systems, and operates through the Pymwymic Healthy Ecosystems Impact Fund. The community combines knowledge, passion and resources to advance higher standards in impact investing and to promote investing with care for people and the planet as a norm.

Goodwater Capital is a California-based venture capital firm founded in 2014 and headquartered in Burlingame. It focuses on early-stage investments in consumer technology and related sectors, including housing, financial services, software, healthcare, education, and entertainment. The firm seeks to empower exceptional entrepreneurs solving pressing problems and believes consumer technology can reshape culture and the global economy. By backing founders who create products and platforms that consumers love, Goodwater aims to drive significant, scalable impact and improve billions of lives.

Future Africa is a Lagos, Nigeria-based venture capital firm and collective of mission-driven founders and funders dedicated to supporting Africa’s startups. The organization invests across a broad range of sectors including technology, software, data and artificial intelligence, agriculture and environment, e-commerce and consumer goods, education, finance and blockchain, health and wellness, mobility and logistics, media and entertainment, real estate, food and hospitality, and infrastructure. It seeks to build unicorns and advance purpose-driven prosperity across the continent, aiming to solve Africa’s biggest challenges by backing innovative ventures with strong growth potential. Through its network and capital, Future Africa supports entrepreneurs at various stages, fostering scalable businesses that can contribute to economic development and job creation.

Founded in 2020, Five35 Ventures is a South Africa-based venture capital firm dedicated to investing in early-stage African technology startups with a focus on female-led businesses.

Goodwell Investments is an Amsterdam-headquartered impact investment firm that provides early through growth-stage equity and hands-on support to inclusive businesses serving the majority world. The firm targets financially sustainable, scalable ventures in Africa and India, with emphasis on sectors such as financial services, agriculture, mobility and transport, education, health, and basic services. It pursues minority stakes and partners with entrepreneurs to expand access, inclusion, and livelihoods in underserved communities while seeking solid financial returns. Goodwell operates from Amsterdam with additional offices in Cape Town and Nairobi, reflecting its regional focus on Sub-Saharan Africa and India. By combining capital with strategic guidance, it supports portfolio companies to scale and improve access to essential goods and services across emerging markets.

KawiSafi Ventures is a venture capital firm.

Nest is a company that runs corporate accelerator programs and invests in seed to growth-stage startups. It operates an entrepreneurial community called Mettā. Since 2015, it has accelerated more than 174 startups in collaboration with corporate partners, including Bangkok Bank, INFINITI, FedEx, DBS, Amex, and various governments.

Bamboo Capital Partners is an impact-focused private equity and venture capital firm established in 2007. It targets early to growth-stage companies across sectors including financial services, fintech, energy, healthcare, housing, education, agriculture, and water and sanitation, with a focus on financial inclusion and social impact. The firm pursues global investments with typical equity commitments in the low millions of dollars. It is headquartered in Luxembourg and maintains a global footprint with offices in Europe, the Americas, Africa, and Asia.

UNICORN MAKING is an accelerator and venture capital firm that focuses on startups and early‑stage companies in technology and technology‑enabled sectors across Africa. It offers education, training, mentorship, infrastructure and long‑term capital, and connects portfolio companies with co‑investors after commercialization. The firm is headquartered in Nigeria and has offices in South Africa, Kenya, Mexico and the United States.

TLcom Capital is an Africa-focused technology investment firm with offices in Lagos, Nairobi and London. Founded in 1999, it makes venture capital and growth investments in technology companies across Europe, Israel, the United States and Sub-Saharan Africa, with Africa as a primary focus. The firm has managed commitments of around 300 million USD and targets themes including data services, financial services, e-commerce, consumer applications, and software solutions for corporates and SMEs, supporting entrepreneurs with disruptive technologies and deep market knowledge.

LocalGlobe is a United Kingdom-based venture capital firm focused on seed and early-stage investments. Based in London, it backs ambitious UK founders and seeks to help them turn early ideas into scalable businesses with global potential. The firm has backed notable early-stage companies including Citymapper, Improbable, Lovefilm, Moo, Tweetdeck, TransferWise, and Zoopla, reflecting a track record of spotting successful consumer and software startups. LocalGlobe invests across technology sectors such as software, e-commerce, fintech, and related fields, leveraging its London network to support portfolio companies as they grow. Active in the UK seed ecosystem since the late 1990s, LocalGlobe is recognized for identifying promising founders and helping them scale in the UK and beyond.

Lateral Frontiers is a New York-based venture capital firm focused on sub-Saharan Africa. It invests in early and growth-stage technology-enabled companies, providing debt and equity financing to support businesses that address key African needs. The firm backs sectors such as financial services, healthcare, education, energy, agriculture, housing, logistics, and mobility, aiming to back foundational technologies and scalable solutions that deliver profitable growth across the continent.