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.

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.

LoftyInc Capital is a venture capital firm based in Victoria Island, Lagos, focused on Africa's growth enterprises. Over the past decade it has invested over $25 million in more than 150 companies, including several unicorns, and attracted over $1.5 billion in follow-on funding to its portfolio. It has built an ecosystem of tech hubs, angel networks, and talent platforms to support portfolio companies. The firm has achieved multiple exits and delivered strong returns across its Afropreneurs funds.

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.

Synergy Capital Managers is a Lagos-based private equity and growth equity firm focused on investing in small- and mid-sized enterprises across West Africa. Founded in 2010, it targets high-growth SMEs across a range of sectors, including business services, consumer products and services, energy, financial services, healthcare, information technology, e-commerce, and manufacturing. The firm leverages local teams and capital to help build industry champions that contribute to regional economic growth and job creation, and it manages over US$100 million in assets.

Microtraction is a Lagos-based venture capital firm that funds early-stage technology startups across Africa, with a focus on Nigeria. Founded in 2017, the firm backs software, fintech, SaaS, and other tech ventures, typically providing seed capital and, in some cases, convertible instruments to support early progress. It helps portfolio companies reach subsequent rounds by adding strategic support, introductions to accelerators, and access to later-stage investors. Microtraction concentrates on technically strong teams and aims to build enduring companies that can scale and attract follow-on funding across the African tech ecosystem.

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.

Sarama Resources is an exploration company focused on discovering gold deposits in West Africa. It holds exploration licenses in Burkina Faso, Liberia, and Mali.

Founded in 2019, Wuri Ventures is a venture capital firm based in Dakar, Senegal. It focuses on innovating solutions for market failures such as information asymmetry and fragmentation, supporting world-class entrepreneurs in Africa's technology, financial services, health tech, and beverage 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.

EchoVC Partners is a Lagos, Nigeria–headquartered venture capital firm that concentrates on seed and early-stage technology investments. The firm pursues opportunities across North America, Africa and Southeast Asia, including underserved markets in Africa and Southeast Asia. It backs ideas in internet platforms and services, consumer internet (social, mobile, commerce, local, media and entertainment), smart data (machine learning, computer vision, predictive analytics, search and discovery), semantic technology and ambient sensing, as well as enterprise software, cloud infrastructure and decision support. Sectors of interest include e-commerce, digital media, content, advertising, software, fintech, health tech, energy, sustainable mobility, and connectivity, with a preference for women entrepreneurs and underserved geographies. Investment sizes vary widely, from tens of thousands to several million dollars, depending on stage and needs. EchoVC Partners focuses on cross-border tech opportunities and aims to support growth through resources and networks in its target regions.

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.

PhiTrust Partenaires is a Paris-based impact investment firm providing private equity, venture capital and venture debt to for-profit companies with positive social and environmental impact. It targets early to growth-stage opportunities across sectors including agriculture, energy, finance, healthcare, technology and services, seeking both majority and minority stakes and occasional board representation. The firm invests globally with a focus on Europe, West Africa, North America, Asia and South America, typically committing €0.3–0.6 million in companies valued €0.5–€20 million, offering equity or debt at below-market rates. It also funds not-for-profit initiatives through endowment activities. Founded in 2005, PhiTrust Partenaires operates within the PhiTrust group and emphasizes socially conscious investing that combines social impact with financial performance.

Ventures Platform is a venture capital firm based in Abuja, Nigeria, founded in 2015. It invests in technology companies across Africa, focusing on early-stage and growth opportunities, and operates an accelerator program to support portfolio companies. The firm backs mission-driven founders building capital-efficient platforms that aim to democratise prosperity by addressing infrastructural gaps and improving livelihoods. It has a pan-African footprint with additional presence in Lagos and broad sector exposure, including information technology, fintech, health tech, edtech, and SaaS. Ventures Platform typically invests using personal capital and pursues a hands-on approach to working with a select portfolio, commonly supporting a cohort of 10–15 companies during an accelerated program of roughly 16 weeks.

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.

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.

Zrosk Investment Management is a venture capital firm based in Lagos, Nigeria, focused on early‑stage investments and small and medium‑sized enterprises. It typically participates in pre‑seed to Series A rounds and aims to own a meaningful stake in portfolio companies, while providing more than capital as a value‑added partner. The firm supports growth across a broad range of sectors, including fintech, software as a service, entertainment technology, Web3, mobility and logistics, business services, e‑commerce, agriculture, mining, manufacturing, and the creative industries. By combining strategic guidance, network access, and operational support, Zrosk seeks to accelerate early development and scale for its portfolio companies.

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.

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.

Speedinvest is a European venture capital firm founded in 2011 and headquartered in Vienna, with offices across Europe and in San Francisco. It specializes in early-stage investments in technology sectors including deep tech, fintech, health, industrial tech, marketplaces, software as a service and infrastructure, climate tech, crypto, and emerging markets. The firm runs specialized investment teams aligned to these industries and offers an in-house Platform+ team providing tailored operational support, such as growth marketing, human resources, US business development and networking assistance throughout the portfolio journey. Speedinvest seeks to be a hands-on partner, sometimes taking operational roles for a period to help portfolio companies scale, and emphasizes hands-on collaboration with founders to accelerate growth.

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.

Saviu Ventures is a venture capital firm based in Abidjan, Ivory Coast, established in 2018. It pursues minority investments across seed, early, and later stages in Africa, focusing on commercial products and services in sectors such as retail, e-commerce, fintech, and mobility.

GreenHouse Capital is the corporate venture capital arm of Venture Garden Group, based in Ikeja, Nigeria. It targets investments in fintech and big data startups in sub-Saharan Africa as well as foreign startups seeking the African market.

Alitheia Capital is a Lagos-based impact investing firm established in 2007 that focuses on opportunities in Nigeria’s financial services sector. It backs businesses that improve access to essential goods and services for small and growing businesses and low-income households across Nigeria, aiming to deliver both social impact and financial returns.

GAIA Impact Fund is a venture capital firm that specializes in renewable energy and builds long-term partnerships with startups operating in Sub-Saharan Africa and Southeast Asia. It emphasizes environmental and social impact and backs businesses that enable sustainable and affordable energy provision to local communities. In regions with carbon-intensive energy mixes, the firm supports technological innovations and viable business models that enable cost-efficient, large-scale diffusion of renewable energy.

Global Founders Capital is a Berlin, Germany-based venture capital firm with a global focus that invests across seed, early, and later-stage companies. It maintains a stage-agnostic approach, seeking innovative ideas with potential impact and feasibility in global markets.

Al Mada Ventures is a venture capital firm founded in 2022 and based in Casablanca, Morocco. It focuses on technology-oriented startups and seeks investments across fintech, healthtech, logistics, edtech, and renewable energy.

Band of Angels is an angel investment group based in the San Francisco Bay Area that pools capital and expertise from former and current high-tech executives to back early-stage startups. Founded in 1994, it targets seed and early-stage high-tech companies in California, with emphasis on enterprise software, AI, medical devices, fintech, energy, agtech, hardware, and related sectors in Silicon Valley. Typical checks range from 300,000 to 750,000, and the group often leads or participates in larger syndications around 2-3 million, aiming for board seats and roughly one-third ownership for a 1 million investment. Members bring operating experience from firms such as Sun Microsystems, Hewlett-Packard, Intuit, Symantec, Logitech, and National Semiconductor to help portfolio companies. Since inception, the group has seeded over 225 companies, with more than 50 profitable M&A exits and nine Nasdaq IPOs.

Founded in 2016, Sum Ventures is a venture capital firm based in Santa Monica, California. It focuses on investing in early-stage companies operating within fintech, proptech, IoT, AI, cleantech, and medtech sectors.

Cleveland Avenue is a venture capital firm based in Chicago, established in 2015, that makes investments across seed-stage through growth-stage rounds in food and beverage companies, lifestyle consumer brands, AgTech, and technology.

Kaleo Ventures is a venture capital firm founded in 2023 and based in Dallas, Texas, that invests in early-stage technology companies across Africa, including pre-seed opportunities.

Founder Collective is a seed- and early-stage venture capital firm founded in 2009 by entrepreneurs who have built and exited technology companies. Headquartered in Cambridge, Massachusetts, with an office in New York, the firm makes early investments across the United States and globally. It is industry-agnostic but prefers ventures with an information technology component, including software and TMT-enabled businesses. The firm focuses on supporting founders at the seed and early stages, drawing on the experience of its partners who have firsthand startup experience.

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.

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.

Magic Fund is a venture investment firm focused on early-stage startups. Founded in 2017 and based in Los Angeles, United States, the firm pursues global opportunities across Africa, Europe, Latin America, North America, and Southeast Asia. It typically writes checks ranging from 0.1 to 0.3 million dollars to support early-stage companies across various sectors, leveraging founders with deep expertise in their fields.

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.

Orange is a leading digital operator that provides mobile and internet services in Europe and Africa, with a global corporate telecommunications arm that serves large enterprises, local authorities and SMEs worldwide. Through Orange Business Services, the group offers integrated voice and data, IT and cloud solutions, data center and network management, security, and unified communications designed to manage international operations. It supports complex projects across industries with end-to-end services, including IP voice, WAN-LAN design, application management and managed services. The company also maintains an innovation network and startup ecosystem through initiatives like Orange Fabs. Founded in 1991 and headquartered in Paris, France, Orange operates in around 30 countries and serves hundreds of millions of customers globally.

Silverbacks Holdings is a venture capital firm based in Cybercity Ebene, Mauritius, founded in 2019. It invests in sports, technology, and entertainment sectors across Africa, supporting portfolio companies with capital and strategic guidance to scale within the continent.

Golden Palm Investments is an investment firm based in Accra, Ghana, founded in 2008. It engages in early-stage, venture and growth capital investments across Africa, providing investment management and advisory services. The firm targets opportunities in real estate, agribusiness and technology, and also backs financial technology, digital health and tech-enabled marketplaces, with a focus on investments that create impact across the African continent.

Hustle Fund is a venture capital firm that makes seed and early-stage investments in technology-focused startups, including software, B2B, fintech and digital health. Based in San Carlos, California, the firm targets early-stage opportunities and has activity across the United States, Canada and Southeast Asia.

Injaro Investments Limited is a venture capital firm established in 2009 and headquartered in Port Louis, Mauritius, with additional offices in Accra, Ghana, and Abidjan, Ivory Coast. The firm specializes in seed and startup investments, focusing on small and medium-sized enterprises within the agricultural value chain in West Africa. Injaro Investments seeks to provide support through various investment forms, including debt, quasi-equity, and equity, to enhance the operations of companies involved in agriculture. This encompasses a wide range of activities from input suppliers to farmers and ultimately to consumers, aiming to strengthen the agricultural sector in designated countries across the region.

Unpopular Ventures is a San Francisco, California-based venture capital firm founded in 2019 that focuses on technology companies. It makes active investments across a broad range of startups, supporting companies through various growth stages. Since inception it has deployed approximately 75 million dollars across roughly 500 startups, including Zepto, Jeeves, and Yassir, reflecting a high level of ongoing deal activity.

Enza Capital is a Nairobi-based venture capital firm that invests in early-stage African technology companies. It focuses on category-defining ventures across fintech, logistics and mobility, health, human capital management, education, energy, and climate-smart solutions, and partners with portfolio companies to support growth and scale.

Teranga Capital is a principal investment firm based in Dakar, Senegal, focused on providing financial solutions to small and medium-sized enterprises (SMEs) across various sectors in Senegal and Gambia. Established in 2015, the firm specializes in start-up, venture capital, and growth capital investments, typically targeting businesses with sales between $0.1 million and $0.5 million. Teranga Capital invests amounts ranging from FCFA 50 million to FCFA 300 million, usually taking minority stakes and maintaining these investments for approximately five years. The firm emphasizes social and environmental impact, aiming to support high-growth potential SMEs while offering personalized assistance to enhance their management and commercial development. In addition to equity investments, Teranga Capital can provide financing through loans and may also take board seats in its portfolio companies.

Fifty Years is an entrepreneur-led venture capital firm based in San Francisco, founded in 2015. It backs founders using technology to tackle significant global problems and seeks companies that can be highly profitable while making a meaningful dent in the Sustainable Development Goals. The firm invests in early-stage opportunities across technology, energy, climate tech, materials, bioengineering, transportation, hardware, computation, communication, and health, with a focus on North America and Europe.

Better Ventures is a venture capital firm based in Oakland, California, that backs early-stage technology startups in the United States. It concentrates on seed and pre-seed investments and supports teams of two or more co-founders. The portfolio spans software, data science, bioinformatics, health and life sciences, education, agriculture, water, energy, food tech, and sustainability, with a focus on building durable, impact-driven companies. Beyond providing capital, Better Ventures offers hands-on guidance and resources to help portfolio companies grow and deliver value for both founders and investors.

Reflect Ventures is a Boston-based venture capital firm founded in 2021 that backs early-stage companies. It focuses on logistics, supply chain distribution, transportation, and fintech rails, and targets seed and Series A/B+ rounds. With a global outlook, Reflect Ventures seeks opportunities across mature and emerging markets, supporting founders to scale innovative solutions in critical infrastructure and related financial technologies.

Quona Capital is a venture capital firm focused on financial technology companies that promote financial inclusion in emerging markets. Founded in 2014, it backs startups developing innovative financial products and services beyond microcredit, including alternative lending, remittances, insurance, prepaid services, payments, and related software that expands access to banking and payments in Sub-Saharan Africa, Asia (notably India and Southeast Asia), and Latin America. The firm invests across stages from seed to growth, typically in the range of one to ten million dollars, and supports ventures creating digital lending, SME lending, wealthtech, and adjacent sectors such as agriculture, health, education, commerce, and mobility finance. Quona maintains headquarters in Washington, DC, with additional offices in Bengaluru, Lima, Cape Town, and Mexico City, and it aims to scale inclusive financial services by leveraging technology to improve quality, access, and affordability for underserved consumers and businesses.

Omidyar Network is an impact investing firm founded in 2004 by Pierre and Pam Omidyar. It supports social entrepreneurs through both investments and grants, aiming to improve lives and communities by funding organizations that harness technology and innovation. The firm operates as a philanthropic investment organization, focusing on catalyzing social impact across areas such as access to capital, media, markets and transparency, governance, citizen engagement, and information access. It backs both for profit and non-profit ventures, spanning seed to growth stages, and emphasizes responsible tech, digital inclusion, and strengthening institutions and democratic processes. The organization seeks to empower individuals and communities through investments that promote better governance, informed citizenship, and thriving communities worldwide.

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.