Top investors in Sub Saharan Africa
Showing 1-50 of 529 investors
IFU – Investment Fund for Developing Countries
IFU is a Danish development finance institution that provides financing to private-sector projects in developing countries. It offers equity, mezzanine, loans, debt and guarantees and often partners with Danish companies to establish new ventures, form joint ventures with local partners, or acquire existing businesses. It targets sectors such as climate, agribusiness, renewable energy, biofuels, commercial services and irrigation, and concentrates on projects in developing regions in Africa, Asia and Latin America. The fund typically takes board seats and aims to exit within five to seven years after repayment or sale, while also providing advisory services and potential additional financing. It supports small and medium-sized enterprises and blends development impact with investments. Founded in 1967 and headquartered in Copenhagen, it maintains offices across Asia, Europe and Africa to facilitate its activities.
Made 11 investments in Sub Saharan Africa
Inspired Evolution Investment Management
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. Founded in 2007, it targets growth across energy generation, energy efficiency, renewable energy, water treatment, waste management, green chemistry and related infrastructure, with a pan-African footprint that includes Southern Africa and other regional markets. The firm engages across multiple growth stages, often acting as a lead investor, and takes significant minority or majority stakes while providing advisory services. It relies on a multidisciplinary team with a track record of aligning development goals with commercial returns, leveraging a broad regional network to support portfolio companies and accelerate clean energy deployment and resource efficiency projects. Its presence spans offices in Africa and Europe, reflecting its pan-African reach.
Made 13 investments in Sub Saharan Africa
Kepple Africa Ventures
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.
Made 21 investments in Sub Saharan Africa
TLcom Capital
TLcom Capital is a technology-focused venture capital firm with offices in Lagos, Nairobi and London. Founded in 1999, it invests across Europe, the United States, Israel and Sub-Saharan Africa, with a particular emphasis on Africa as a prime market. The firm backs early- to growth-stage tech companies that offer disruptive solutions and solid intellectual property, supporting management teams with market insight and strategic guidance. Its investment themes span data services, financial services, e-commerce, consumer-facing applications across health, education, energy, media and entertainment, and enterprise software. TLcom seeks opportunities in startups delivering scalable technology platforms and competitive advantages, and manages multi-vehicle commitments to back world-class entrepreneurs and accelerate growth across continents.
Made 12 investments in Sub Saharan Africa
Silvertree Internet Holdings
Silvertree Internet Holdings is a South Africa-based holding and operating company that conceives, launches, operates, and invests in early- and mid-stage businesses targeting South Africa and Sub-Saharan Africa. It relies on technology to reach African consumers, focusing on simple or proven business models with clear revenue streams that leverage mobile and Internet opportunities in growing markets. The company structures its operating brands into verticals and pursues large, growing but inefficient sectors, using technology to leapfrog traditional channels. It emphasizes capital efficiency and operational discipline, grows its brands through rapid expansion while developing new ventures and acquiring existing ones. Through operational synergies and sharing best practices, Silvertree Internet Holdings aims to enhance performance across its portfolio.
Made 14 investments in Sub Saharan Africa
The Raba Partnership
The Raba Partnership is a venture capital firm based in Cape Town, South Africa, focused on African technology companies in logistics, supply chains, and financial services. It partners with founders building technology companies that tackle hard problems in emerging African ecosystems and is backed by a select group of venture capitalists, technology entrepreneurs, and families with global business experience.
Made 17 investments in Sub Saharan Africa
VestedWorld
VestedWorld is a Chicago-based venture capital firm that invests in high-growth companies across Sub-Saharan Africa, with a focus on agribusiness, consumer products and services, and technology-enabled businesses. The firm aims to partner with entrepreneurs by providing capital and active involvement in governance, strategy, and operations to accelerate growth and deliver strong financial returns for investors while contributing to regional development. Its portfolio includes companies in markets such as Ghana, Kenya, and Nigeria, with broader opportunities across Ethiopia, Rwanda, Tanzania, and Uganda. Since its founding in 2014, VestedWorld has built a portfolio of more than 30 companies and has invested over $20 million, underscoring a commitment to scaling operations and creating positive social impact in emerging markets.
Made 7 investments in Sub Saharan Africa
GreenHouse Capital
GreenHouse Capital is a venture capital firm focused on fintech and fintech-enabled startups across Africa and the Middle East, with a core emphasis on sub-Saharan Africa. It seeks to invest in fintech and big data companies in the region and in foreign startups targeting the African market, while connecting startups with corporates and investors to support growth and expansion. The firm has funded over 50 companies across 15 countries, with an average check size of $250,000 and deployment of $11 million across two funds; it is fundraising for a second fund. The founding partners previously built Venture Garden Group, a fintech company that grew significantly, and established Garden Institute of Business Entrepreneurs to identify, incubate, and invest in young tech startups solving global challenges in emerging markets.
Made 10 investments in Sub Saharan Africa
Enza Capital
Enza Capital is a Nairobi-based venture capital firm that invests in African technology companies, spanning fintech, logistics, health, human capital, and climate-smart sectors. It supports category-defining founders from pre-seed to Series B and typically commits initial checks of $250k to $5 million, with a sweet spot of $500k to $2 million, and the capacity to follow on up to $20 million per company, often via its evergreen Growth Capital vehicle. The firm aims to lead or co-lead investments and may take board or observer seats, while co-investing with aligned partners. With a focus on large, validated markets and innovative technology, Enza Capital operates across Africa from its Nairobi base to back technology-driven solutions addressing significant problems.
Made 13 investments in Sub Saharan Africa
Athena Capital
Athena Capital is a private equity investment firm based in Cape Town, South Africa, with additional offices in Johannesburg and London. It focuses on growth and innovation, investing in sectors including fast-moving consumer goods, business services, and inclusive tech-enabled financial services, with a preference for opportunities in Sub-Saharan Africa. The firm supports its portfolio companies with operational, strategic and financial resources and seeks board representation. Its investment activity spans early-stage to growth scenarios, including platform acquisitions, and it maintains a track record across notable companies such as Vida, JUMO, Zibo Containers and Kwikspace. In addition to its core investment business, Athena Capital operates an advisory arm offering private equity and debt and equity finance advisory services, including services to residential property clients. The firm emphasizes responsible investment and leverages a network of sector experts to accelerate growth.
Golden Palm Investments
Golden Palm Investments is a Ghana-based investment firm established in 2008 that focuses on Africa-focused capital solutions. It provides investment management and advisory services, deploying venture capital, growth capital, and early-stage funding across sectors such as financial technology, digital health, tech-enabled marketplaces, real estate, and agribusiness. Headquartered in Accra, the firm prioritizes high-growth opportunities and aims to deliver sustainable economic progress while generating returns for stakeholders. Through a long-term investment mindset and an experienced leadership team, Golden Palm Investments seeks to support ambitious companies across the continent, leveraging expertise to build impactful, world-class businesses in Africa.
Made 19 investments in Sub Saharan Africa
Crossfin Technology
Crossfin Technology is a growth and expansion investment firm based in Cape Town, South Africa, focusing on fintech and related information technology and financial services sectors. The company seeks to invest in high-growth and established cash-generative businesses, offering investors a blended exposure to technology investments in fintech. It operates primarily in Africa, with offices in Durban and Johannesburg, and targets companies in the information technology and financial services sectors. Through its fintech investments, Crossfin aims to enable growth for economies in Africa and beyond by supporting scalable, cash-generative businesses.
Made 8 investments in Sub Saharan Africa
Savannah Fund
Savannah Fund is a pan-African seed and early-stage technology investor and accelerator based in Ebene, Mauritius. It funds high-growth startups across sub-Saharan Africa, especially in web and mobile technology, with a focus on sectors such as agtech, e-commerce, fintech, edtech, enterprise software, healthcare, and logistics. Typical seed investments range from 25,000 to 500,000 dollars, and Savannah Accelerator in Nairobi runs a three-month program funding up to five startups at roughly 20,000–30,000 dollars for an equity stake of 12 percent, with opportunities for co-investment. The organization provides mentorship and access to networks in Africa and Silicon Valley and has backing from international investors, including IFC and Draper, who co-led its second seed fund, a 25 million dollar vehicle. Since its founding in 2011, Savannah Fund has supported more than 25 portfolio companies and continues to expand its activity through multiple funds, aiming to bridge the early-stage funding gap and help African technology ventures scale regionally and globally.
Made 17 investments in Sub Saharan Africa
HAVAÍC
HAVAÍC is a venture capital firm that backs early-stage, high-growth technology businesses and scalable ventures across Africa, with a base in Cape Town and active involvement in South Africa, Nigeria and Kenya. The firm provides strategic support, capital raising expertise and advisory services to startups, and connects sophisticated investors and international venture capital firms with opportunities in Africa. By combining local market knowledge with a global perspective, HAVAÍC aims to help portfolio companies scale locally and expand internationally, leveraging its networks to facilitate fundraising, partnerships and go-to-market development.
Made 14 investments in Sub Saharan Africa
Factor E
Factor E is an impact investing firm focused on accelerating climate technologies in emerging markets by connecting innovators with the markets they serve. The firm targets early-stage companies across mobility, sustainable agriculture, energy, water, and related sectors in Sub-Saharan Africa and other developing regions, with a history rooted in Fort Collins, Colorado. It pursues a Think, Do, Learn approach through Factor E Labs and Ventures, and builds partnerships with organizations such as Shell Foundation, GEAPP, and universities to scale solutions. Through its portfolio and activities, Factor E aims to create jobs and reduce greenhouse gas emissions, reporting thousands of direct jobs and substantial emissions reductions across dozens of countries. It also functions as a conduit between philanthropic and commercial capital to align funding with market incentives for climate outcomes.
Made 8 investments in Sub Saharan Africa
Persistent
Persistent is an Africa-focused venture builder and climate-focused investor based in Nairobi, founded in 2012. It provides customized venture-building support alongside capital to early-stage companies across Sub-Saharan Africa, helping with corporate structuring, financial management, international expansion, and portfolio management. Through partnerships with portfolio companies such as Altech and Ecobodaa across Kenya, Tanzania, DRC, and South Africa, Persistent delivers operational improvements, strategic guidance, and fundraising assistance. The firm prioritizes climate impact, and its activities have fostered millions of lives, tens of thousands of jobs, and significant CO2 reductions in its portfolio, while focusing on underserved markets.
Made 9 investments in Sub Saharan Africa
Timon Capital
Timon Capital is a venture capital firm headquartered in Lagos, Nigeria, with an office in New York. Founded in 2018, it focuses on technology-driven startups at seed and early stages, with growth-stage equity financing globally. The firm targets companies reshaping markets in Sub-Saharan Africa and beyond and supports founders by participating in initial institutional financings for ventures with functional products and early traction.
Made 7 investments in Sub Saharan Africa
TLG Capital
TLG Capital is a private investment firm focused on Sub-Saharan Africa, offering private credit, growth capital and equity investments to SMEs across sectors such as healthcare, financial services, fintech, consumer goods, manufacturing and real estate. The firm supports minority and majority stakes, secondary opportunities and restructuring, and often seeks board representation to strengthen governance. It operates through a permanent capital vehicle dedicated to equity opportunities in SSA and maintains offices across Lagos, Accra, Johannesburg, Kampala, Port Louis, and London. Since 2009, it has completed numerous deals with backing from international investors, including institutions such as the IFC, World Bank, Swedfund and Bpifrance, and has structured hundreds of millions of dollars in transactions. Notable activity includes a healthcare and pharmaceutical plant in Uganda and healthcare facilities in West Africa, reflecting a focus on impact alongside financial returns. The firm positions itself to empower frontier market entrepreneurs and expand its private credit footprint across the region.
Made 15 investments in Sub Saharan Africa
Gaia Impact Fund
Gaia Impact Fund is an impact-focused investment firm that finances decentralized renewable energy solutions to provide affordable, clean power. It concentrates on Sub-Saharan Africa and Southeast Asia, while maintaining a global reach to accelerate the energy transition. The firm backs startups and projects that expand sustainable energy access for local communities, supporting innovative business models and technologies that diffuse renewable energy at scale in regions with carbon-intensive energy mixes. Based in Paris with a presence in Nairobi, Gaia Impact Fund seeks to deliver positive environmental and social outcomes alongside financial returns through long-term partnerships and rigorous impact assessment.
Made 7 investments in Sub Saharan Africa
Sunu Capital
Sunu Capital is a Nairobi-based venture capital firm focusing on early-stage investments in companies across the global south. It seeks to back ventures that aim to create a more prosperous, inclusive, and self-sustaining future, providing tailored capital and leveraging its network to help portfolio companies grow, access follow-on funding, and seize opportunities. The firm emphasizes swift and responsive engagement and commits to long-term partnerships with founders to support growth and scale.
Made 3 investments in Sub Saharan Africa
Africa Media Ventures Fund
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.
Made 1 investment in Sub Saharan Africa
Zrosk Investment Management
Zrosk Investment Management is a Lagos-based venture capital firm established in 2018 that backs early-stage startups across multiple sectors, including fintech, SaaS, entertainment tech, web 3.0, mobility, logistics, business services tech, e-commerce, agriculture, mining, manufacturing, and creative industries. The firm typically pursues pre-seed to Series A investments and aims to hold a meaningful equity stake, while providing more than capital through value-added support and active involvement in portfolio companies. Zrosk emphasizes disciplined capital allocation and risk management, focuses on opportunities in Africa, and partners with founders to drive long-term returns.
Made 3 investments in Sub Saharan Africa
Investisseurs & Partenaires
Investisseurs & Partenaires is an impact investment firm focused on Africa. Founded in 2002, it provides long-term capital and strategic, managerial, and technical support to small and medium-sized enterprises across Sub-Saharan Africa. The firm targets multiple sectors, aims to create local value, long-term employment and measurable social, environmental and governance impact. It builds long-term partnerships with entrepreneurs to strengthen business strategy, governance and operations. I&P maintains a pan-African footprint with offices in several countries and manages multiple cross-border investment funds that finance growth initiatives and electricity access projects. Through its investments, the firm seeks to maximize sustainable development outcomes on the continent.
Made 46 investments in Sub Saharan Africa
Nefco
Nefco is an international financial institution focused on accelerating the green transition by financing the initial scale-up of Nordic green solutions in international markets. Established in 1990, it has financed over 1,800 green projects and disbursed €77.9 million in 2025, with 324 projects ongoing at year-end. About 80% of its investments align with the EU Taxonomy. Nefco supports sectors including energy efficiency, renewable energy, clean water and sanitation, waste management, and cleaner industrial processes, and works with Nordic SMEs to extend impact through international deployments. Its activities span energy projects and green recovery efforts, such as Ukraine, Baltic Sea health, carbon markets, Moldova’s energy security, and clean energy access. Beyond financing, it engages in capacity-building and outreach, financing renewable energy growth, regenerative farming, and sustainable demolition; it also participates in industry events and offers procurement opportunities, reporting progress through annual publications and stakeholder engagement.
Made 1 investment in Sub Saharan Africa
4Di Capital
4Di Capital is a Cape Town-based venture capital firm specializing in seed and early-stage technology companies in Southern Africa. It emphasizes nurture capital and entrepreneur-friendly finance, pairing funding with mentorship and access to networks to help startups reach scale. The firm seeks founder teams with strong passion, domain expertise and insights into large market problems, and targets opportunities in mobile, enterprise software and web sectors, often supporting ventures through their early growth to broader markets. Since its founding in 2009, 4Di Capital has backed numerous African startups across multiple countries, aiming to empower entrepreneurs to build global businesses.
Made 19 investments in Sub Saharan Africa
Serengeti Capital
Serengeti Capital is a private investment firm based in Accra, Ghana, specializing in venture capital and private equity across Africa. It invests in early-stage, seed and growth opportunities, including family-owned businesses, with a typical three- to five-year exit horizon. The firm operates as an investment house and merchant bank, offering asset management, brokerage, investments, and corporate finance services across sub-Saharan Africa, and it maintains an advisory arm that delivers financial advisory, corporate restructuring, and equity and debt capital-raising services. Serengeti Capital focuses on sectors such as manufacturing, commercial services, forestry materials, and impact-oriented opportunities, aiming to create positive economic impact and long-term value for clients while maintaining strong regulatory compliance with authorities in Ghana.
Novo Capital
Novo Capital is a Singapore-based investment and venture capital firm that serves as the venture capital arm of MSA Capital. Founded in 2019, it targets seed-to-growth stage technology startups in emerging markets across regions such as Southeast Asia, India, Latin America, the Middle East and North Africa, and Sub-Saharan Africa. The firm combines benchmarking, sourcing, and operational engagement with regional platforms to drive value, guided by Novo Connect, and adheres to a formal ESG policy integrated into its investment decisions to address environmental, social, and governance considerations.
Made 3 investments in Sub Saharan Africa
Africa Angels Network
Africa Angels Network is a venture capital firm based in Cape Town, South Africa, that focuses on investing in startups, primarily within the technology sector. The firm targets companies located in Sub-Saharan Africa, aiming to support and nurture innovative entrepreneurial ventures in the region. Through its investments, Africa Angels Network seeks to contribute to the growth of the tech ecosystem in Africa, fostering development and creating opportunities for emerging businesses.
Energy Access Ventures
Energy Access Ventures serves as an advisor to the Energy Access Venture Fund, an unlisted vehicle focused on improving access to sustainable energy in Sub-Saharan Africa.
KawiSafi
KawiSafi is an investment firm focused on democratizing access to clean and affordable energy in sub-Saharan Africa, where millions lack reliable grid connectivity and rely on polluting fuels. The firm champions decentralized renewable energy solutions and leverages mobile payments to enable rapid, cost-effective deployment to off-grid communities. It actively invests in innovative, high-growth companies across the entire off-grid energy ecosystem, aiming to catalyze sector growth, attract further investment, and broaden opportunity for communities. Based in Nairobi, Kenya, KawiSafi provides patient capital and collaborative support to help portfolio companies scale and contribute to a low-carbon economy.
Made 2 investments in Sub Saharan Africa
L5lab
L5lab is a Lagos, Nigeria-based venture platform that supports early-stage tech companies across Africa. It participates in seed-stage investments and provides portfolio companies with strategic management support, mentorship, financing, office space, and administrative services, while collaborating with accelerator programs such as 440NG. Through international partnerships, it aims to extend proven business models into West Africa and the broader Sub-Saharan region, assisting management teams in raising growth capital and scaling operations.
Made 4 investments in Sub Saharan Africa
Kukula Capital
Kukula Capital is a Lusaka-based investment firm specializing in venture finance and private equity. It operates through fund management and advisory services, investing in small and growing businesses in Zambia and the region with capital and strategic guidance. The firm leverages local networks to identify opportunities, supports portfolio companies with governance and market insight, and offers transaction advisory, asset management, market research, and due diligence work for institutional investors. With regional reach across Sub-Saharan Africa, it has deployed over $37 million in direct investments across around 15 portfolio companies, reflecting a focus on sustainable growth and capital stewardship.
Made 3 investments in Sub Saharan Africa
Ajim Capital
Ajim Capital is a venture capital firm founded in 2022 and based in Austin, Texas, that backs early-stage technology companies building core infrastructure and B2B software across Sub-Saharan Africa. The firm focuses on pre-seed and seed rounds, investing in sectors such as fintech, logistics, vertical SaaS, AI, and developer tools, with an emphasis on Africa’s digital transformation. Ajim Capital pursues a founder-first approach, providing direct support and access to a global network of investors, partners, and operators, to help portfolio companies scale in markets characterized by rapid growth and unique challenges.
Made 1 investment in Sub Saharan Africa
Swedfund
Swedfund is Sweden's government-owned development finance institution based in Stockholm (with an office in Nairobi) dedicated to reducing poverty by financing sustainable private-sector development in developing countries. It supports direct investments, project acceleration, and targeted programs to help private companies grow, create jobs, and increase access to essential products and services. It operates across Africa, Asia, Latin America, and Eastern Europe, often taking minority stakes and employing a mix of equity and debt instruments. It backs Swedish SMEs through the Swedfund Business Accelerator and backs initiatives such as the Africa Go Green Fund to support energy efficiency and sustainable infrastructure. It collaborates with Sida on development-finance initiatives and aims to align with Agenda 2030. It publishes annual and interim financial reports to maintain transparency.
Made 19 investments in Sub Saharan Africa
Spice Private Equity
Spice Private Equity is a Swiss private equity and venture capital firm that makes direct investments in privately held companies and, when appropriate, acquires shares of publicly listed companies to exert influence over management. It also participates in primary and secondary investments in private equity funds and makes co-investments. The firm targets growth-oriented opportunities across consumer goods, telecommunications, education, financial services, infrastructure, and healthcare services, with a geographic focus on Asia Pacific (50–60%), Sub-Saharan Africa (20–30%), and Latin America (20–30%). Typical deal sizes range from $10 million to $60 million and the firm can invest in assets denominated in foreign currencies. Spice Private Equity operates from its base in Zug, Switzerland, with additional offices in Bermuda, London, Singapore, and the United States, and began operations in 1999.
Berkeley Energy
Berkeley Energy is an infrastructure-focused investor, developer and operator of renewable power assets in developing markets. Founded in 2007, the firm provides engineering, project management and financial support to renewable projects and partner companies to deliver profitable clean energy. It positions itself as a bankable sponsor for renewable power initiatives and operates across multiple countries in regions such as Asia Pacific and Sub-Saharan Africa.
Assiduity Capital
Assiduity Capital is a venture capital firm based in Amsterdam, Netherlands, that invests in healthcare-focused companies. The firm pursues opportunities across Sub-Saharan Africa, supporting healthcare enterprises in the region.
TEAMFund
TEAMFund is an impact investor and advisor transforming global access to MedTech and digital health innovations, initially focusing on India and Sub-Saharan Africa to serve resource-constrained populations. It operates a hybrid model that pairs a for-profit impact investment fund with nonprofit programming informed by rigorous research, delivering wraparound expertise to help health tech innovators succeed. The organization is supported by more than 80 executive-level advisors. Its impact to date includes 107.3 million patients impacted and 153.6 million services delivered across 148 countries, demonstrating the potential of its digital-first solutions for non-communicable diseases in underserved regions. TEAMFund offers investments, grants, mentorship, and incubator opportunities to MedTech and digital health innovators to build sustainable ecosystems worldwide. It is based in Reston, Virginia.
Sathguru Catalyser Advisors
Sathguru Catalyser Advisors is the asset management company for the Innovation in Food & Agriculture Fund, focusing on investments in innovation-driven growth enterprises within the food and agriculture sectors. As the venture capital arm of Sathguru Management Consultants, the firm specializes in early-stage and growth capital, targeting companies that use technology to address food, nutrition, and agricultural challenges. Its investments cover energy, industrials, environmental and facilities services, agricultural products, and life sciences tools and services, with emphasis on crop yield and trait improvement, animal and human nutrition, and value-added food ingredients. The firm prefers opportunities in India and also pursues opportunities across North and Sub-Saharan Africa and the Asia-Pacific region, typically committing around eight million dollars for minority equity stakes. Based in Hyderabad, India.
Launch Africa Ventures
Launch Africa Ventures is a Pan-African venture capital firm founded in 2020 and based in Ebene, Mauritius. It concentrates on early-stage funding for Seed and pre-Series A startups across Africa, supporting portfolio companies through venture-building and active partnerships. The firm has invested over US$31 million in 133 startups across 22 countries, drawn from a first fund that raised just over US$36 million. Its sector focus spans fintech, healthtech, climate tech, agritech, edtech, transportation and logistics, mobility, e-commerce, software as a service, artificial intelligence, and big data and analytics. By facilitating capital access and constructive relationships, Launch Africa Ventures aims to accelerate innovation and drive economic growth across the continent.
Made 36 investments in Sub Saharan Africa
E Squared Investments
E Squared Investments is a South African venture capital and impact investment firm focused on high-growth, values-driven businesses and social enterprises in private capital markets. Established by Allan Gray, the firm offers direct investments, a Fund of Funds approach, and post-investment support to deliver commercial returns alongside measurable social impact, with emphasis on economic development and transformation. It provides strategic guidance to portfolio companies and engages in initiatives to promote responsible entrepreneurship across Africa.
Made 15 investments in Sub Saharan Africa
Uncovered Fund
Uncovered Fund is a venture capital firm focused on backing early‑stage startups in emerging markets. Founded in 2019 and based in Tokyo, Japan, the firm invests across sectors including energy access, fintech, retail, logistics, mobility, climate tech, health tech, MaaS, agritech, and smart cities, with a portfolio spanning multiple countries in Africa such as Kenya, Nigeria, South Africa, and Egypt. The firm supports startups that leverage technology to build infrastructure and improve regional livelihoods, pursuing open innovation and sustainable development in underserved markets.
Made 12 investments in Sub Saharan Africa
Knife Capital
Knife Capital is a venture capital firm headquartered in Cape Town, South Africa, with an office in London. It accelerates the international expansion of African innovation-driven businesses by leveraging knowledge, networks, and funding. The firm supports portfolio companies with strategic guidance, access to global partners, and capital to scale into new markets, particularly in technology-enabled sectors. Knife Capital maintains an active investment approach and has facilitated exits to major corporates, reflecting its ability to drive growth and global reach for its ventures.
Made 14 investments in Sub Saharan Africa
AlphaCode (South Africa)
AlphaCode is a South Africa-based organization founded in 2015 that operates as a venture capital investment firm and a collaborative ecosystem for financial services entrepreneurs. Based in Johannesburg, it seeks to invest in sectors including education, financial services, healthcare, information technology, and agriculture technology across Africa. It connects entrepreneurs, intrapreneurs, industry experts, thought leaders, and partner organizations to share knowledge and develop insights, with the aim of transforming the financial services industry and fostering a world-class financial services ecosystem.
Made 9 investments in Sub Saharan Africa
Halogen Ventures
Halogen Ventures is a Los Angeles-based venture capital firm focused on early-stage investments in consumer technology companies led by women. The firm backs pre-seed, seed, and Series A rounds and emphasizes a hands-on approach, providing strategic guidance, networking support, talent acquisition help, and assistance with fundraising and brand exposure throughout the founder's lifecycle. It emphasizes a sourcing-driven strategy to identify overlooked opportunities in consumer technology and B2B software, supporting female-led and mixed-gender teams addressing global challenges. The portfolio includes numerous early-stage companies and a track record of backing high-growth ventures.
Made 1 investment in Sub Saharan Africa
Kalon Venture Partners
Kalon Venture Partners is a Johannesburg-based venture capital firm founded in 2016 that invests in technology-driven, high-growth startups across Africa. It targets post-revenue companies solving African problems with potential to scale globally, spanning sectors such as artificial intelligence, cybersecurity, fleet management, and broader technology, banking, insurance, retail, media and entertainment. The firm seeks to deliver both financial and non-financial returns and is led by an experienced team with expertise in technology, venture capital and entrepreneurship.
Made 15 investments in Sub Saharan Africa
Goodwell Investments
Goodwell Investments is an impact investment firm based in Amsterdam that provides early to growth-stage equity and hands-on support to inclusive, locally led businesses across Africa and India. The firm targets sectors such as financial services, agriculture, mobility, education, health, energy, and basic goods, aiming to deliver solid financial returns alongside social impact. It emphasizes long-term partnerships, local entrepreneurship, and sustainable development, with a presence in Africa and staff in Nairobi, Cape Town, and Amsterdam. Since its founding in the mid-2000s, Goodwell has built a portfolio of companies that expand access to essential services, including microfinance and mobile payments, and fosters job creation and economic inclusion across its markets.
Made 8 investments in Sub Saharan Africa
Enygma Ventures
Enygma Ventures is a Cape Town-based venture capital firm founded in 2019 that focuses on funding women-led businesses in the Southern African Development Community. The firm provides flexible capital and strategic support to early- and growth-stage companies, leveraging a broad network to connect portfolio companies with mentors, expertise, and access to markets in Africa, Europe, and North America. Enygma emphasizes collaborative partnerships and win-win outcomes for investors and entrepreneurs, aiming to accelerate growth while advancing diversity and inclusion. By combining capital with tailored guidance, Enygma helps founders scale across sectors and build sustainable businesses in the SADC region and beyond.
Made 6 investments in Sub Saharan Africa
iKineo
Founded in 2000, iKineo is a venture studio based in Cape Town, South Africa. It focuses on technology startups, with a preference for B2B, SaaS, travel tech, digital assets, cryptocurrency, fintech, and digital healthcare sectors.
Made 3 investments in Sub Saharan Africa
88mph
88mph is a seed fund and accelerator that invests in early-stage web and mobile startups targeting African markets. It runs a three-month accelerator program and provides seed funding and incubator services, typically offering up to $100,000 per startup and potential follow-on finance. The firm focuses on mobile-web enabled businesses across Africa, with activity in English-speaking countries and offices in Nairobi, Kenya, and Cape Town, South Africa. It supports entrepreneurs through product, go-to-market, sales, hiring, funding options, and scalability guidance, drawing on a network of mentors and partners to assist portfolio companies. It aims to foster innovation in the African tech ecosystem from Nairobi to Lagos.
Made 23 investments in Sub Saharan Africa