# Top 25 Biotechnology VC (Venture Capital) Funds in Africa in October 2023 ## Futuregrowth Asset Management - Type: VC Fund - Relevant deals: 2 - Stages: Seed, Series B - Focus: Software, Financial Services, Medical Device Futuregrowth manages the full range of fixed interest and developmental impact funds on behalf of our clients. We are committed to managing and investing our clients' funds in a responsible manner. ## U.S. International Development Finance Corp - Type: VC Fund - Location: Washington, District of Columbia, United States - Relevant deals: 2 - Stages: Debt Financing, Post-IPO Debt - Focus: Financial Services, Finance, FinTech U.S. International Development Finance Corporation (DFC) is America’s development bank. DFC partners with the private sector to finance solutions to the most critical challenges facing the developing world today. We invest in projects that create jobs in emerging markets in sectors including energy, healthcare, critical infrastructure,telecommunications, and financing for small businesses and women entrepreneurs. DFC investments adhere to high standards and respect the environment, human rights, and worker rights. ## Cult Food Science - Type: VC Fund - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Food and Beverage, Biotechnology, Food Processing CULT Food Science is an investment company focused on supporting and advancing the technology behind the future of food. ## Novastar Ventures - Type: VC Fund - Location: Nairobi, Nairobi Area, Kenya - Relevant deals: 2 - Stages: Series A, Series B - Focus: Agriculture, Internet, Clean Energy For the many, not just the few. For good. ## LoftyInc Capital Management - Type: VC Fund - Location: Carmel, California, United States - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series A - Focus: FinTech, Financial Services, Software LoftyInc Capital Management empowers Afropreneurs to build a prosperous and equitable future in Africa. We deliver value to both founders and investors......... ## AAIC Investment - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 1 - Stages: Series A, Seed, Series B - Focus: Health Care, Medical, E-Commerce We will continue to invest and support the growth of innovative companies towards sustainable economic growth and solving social issues. ## DEG - Type: VC Fund - Location: Overland Park, Kansas, United States - Relevant deals: 1 - Stages: Debt Financing, Series A - Focus: Financial Services, Banking, B2B DEG, a Merkle Company is a full-service digital agency purpose-built to meet clients in the moment with data-driven marketing, commerce, and collaboration solutions. ## Standard Chartered Bank - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 1 - Stages: Debt Financing, Post-IPO Debt - Focus: Financial Services, FinTech, Internet Standard Chartered Bank offers personal and business banking services. Their solutions for companies include transaction banking and financial markets solutions. They also offer current accounts, savings accounts, credit cards, loans, and mortgage services. ## Oak Drive ventures - Type: VC Fund - Location: Fort Bonifacio, Quezon City, Philippines - Relevant deals: 1 - Stages: Seed, Series B - Focus: CRM, FinTech, Organic Oak Drive ventures will provide management support to a growing stable of operating companies. It combines decades of operational and investment experience to create value across various industries. ## iLabAfrica - Type: VC Fund - Location: Nairobi, Nairobi Area, Kenya - Relevant deals: 1 - Stages: Seed - Focus: Agriculture, Biotechnology Research Centre under the Fac­ulty of Inform­a­tion Tech­no­logy at Strath­more Uni­ver­sity, @iLabAfrica was estab­lished in Janu­ary 2011 to spear­head research, innov­a­tion and entre­pren­eur­ship in the ICT for Devel­op­ment (ICT4D) eco­sys­tem towards the attain­ment of the UNDP Mil­len­nium Devel­op­ment Goals (MDGs) and Kenya’s Vis­ion2030. They recog­nise that the spread of ICT tech­no­lo­gies in devel­op­ing coun­tries remains pain­fully slow; con­demning a large frac­tion of Africa’s pop­u­la­tion to poverty, under­nour­ish­ment, dis­ease and dis­em­power­ment. They also recog­nise that this situ­ation is improv­ing in some coun­tries as a res­ult of the phe­nom­enal growth of the mobile tele­phony ser­vices. This improve­ment in data access and con­nectiv­ity has cre­ated a wealth of oppor­tun­it­ies for entre­pren­eurs to engage in mobile-​based ser­vices deliv­ery business. ## Launch Africa - Type: VC Fund - Location: Ebène, Plaines Wilhems, Mauritius - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Financial Services, FinTech, Information Technology Launch Africa is a leading Pan-African VC fund solving the significant funding gap in the Seed and pre-Series A investment landscape in Africa. ## Sustainable Food Ventures - Type: VC Fund - Location: Raleigh, North Carolina, United States - Relevant deals: 1 - Stages: Pre-Seed, Seed, Angel - Focus: Food and Beverage, Biotechnology, Food Processing SFV backs globally early-stage founders building leading Future of Food companies that are: #Cell-based #Plant-based #Recombinant ## Oxfam’s Enterprise Development Programme - Type: VC Fund - Location: Oxford, Oxfordshire, United Kingdom - Relevant deals: 1 - Stages: Grant, Series A - Focus: Retail, Blockchain, E-Commerce Oxfam’s Enterprise Development Programme (EDP) is an innovative model that provides support to entrepreneurs in some of the world’s poorest countries to help them create and build viable, sustainable businesses. The resulting jobs and associated opportunities provide benefits for both the employees and the wider communities around them, liftingsome of the world’s poorest families out of poverty. ## Ministry of programming - Type: VC Fund - Location: Sarajevo, Federation of Bosnia and Herzegovina, Bosnia and Herzegovina - Relevant deals: 1 - Stages: Pre-Seed - Focus: Biotechnology We build startup software companies from the first line of code partnering with interesting founders and enterpreneurs.We believe we have the know-how to bootstrap early-stage products and scale them into successful products. We have a nice portfolio of exciting startups in Fintech, Healthcare, E-commerce domains, and we are building more everyday. ## V8 Capital Partners - Type: VC Fund - Location: Ebène, Plaines Wilhems, Mauritius - Relevant deals: 1 - Stages: Seed, Series A, Pre-Seed - Focus: Information Technology, Health Care, Software V8 Capital Partners makes investments in enterprise technology businesses across Africa. African Venture Capital for software automation ## VestedWorld - Type: VC Fund - Location: Chicago, Illinois, United States - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: Agriculture, E-Commerce, Financial Services VestedWorld is an early-stage venture capital firm that invests in emerging markets companies that have the potential to generate competitive financial returns while contributing towards the growth and development of the markets in which they are located. The firm supports these businesses through the infusion of capital, active involvement incorporate governance, and by providing direct strategic and operational assistance. ## Kale United - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Food and Beverage, Food Processing, Biotechnology Kale United offers a portfolio of over 75+ plant-based game changers ## GreenTec Capital Partners - Type: VC Fund - Location: Frankfurt, Hessen, Germany - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Information Technology, Agriculture, Computer GreenTec Capital Partners is Germany's premier investor into African start-ups and SMEs. GreenTec invests through its unique Results4Equity model, acting as a co-founding partner that is only compensated on business success. ## Alethea Capital Management - Type: VC Fund - Location: Rancho Santa Fe, California, United States - Relevant deals: 1 - Stages: Series A, Series B, Series C - Focus: Biotechnology, Health Care, Medical Alethea Capital Management is an SEC-registered investment advisor founded in March of 2011. As an investment management and research firm, the mission of Alethea is simple – to provide the highest level of service and guidance to our clients with honesty, integrity, and transparency. The firm’s services include fee-based asset management,research/advanced quantitative systematization, manager/strategy evaluation, and comprehensive planning. Alethea’s center of operations is in San Diego, CA. ## E4EAfrica - Type: VC Fund - Location: Cape Town, NA - South Africa, South Africa - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: Internet, Logistics, E-Commerce E4E (“Entrepreneurs for Entrepreneurs”) specializes in supporting early stage ventures in South Africa from very early stage (pre-series A) to scale up.E4E focus on smart entrepreneurs and business ideas that are great businesses and make a significant contribution to a better (South) Africa. ## Tencent - Type: VC Fund - Location: Shenzhen, Guangdong, China - Relevant deals: 1 - Stages: Series B, Series A, Series C - Focus: Software, Financial Services, E-Commerce Tencent is an internet service portal offering value-added internet, mobile, telecom, and online advertising services. Its communications and social platforms Weixin and QQ connect users with each other, with digital content and daily life services in just a few clicks. Tencent has maintained steady growth under its user-oriented operatingstrategies. It provides value-added internet, mobile, and telecom services, as well as online advertising under the strategic goal of providing users with "one-stop online lifestyle services." Tencent’s Internet platforms in China – QQ (QQ Instant Messenger), WeChat, QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai, and Tenpay – aim to address the various needs of internet users, including communication, information, entertainment, e-commerce, and others.In September 2013, Tencent's market valuation rose to $101 billion, and as of November 21, 2013, QQ had 2 billion active users and WeChat had 650 million monthly active users. The numbers of active users for QQ mail, Qzone, Tencent Weibo, and QQ news were 274 million, 626 million, 220 million, and 150 million, respectively.Tencent was founded in November of 1998. In April 2000, the IDG and PCCW invested a total of $2.2 million dollars in the company. Tencent was listed on the Hong Kong Stock Exchange (SEHK) on June 16, 2004. Baidu, Alibaba, and Netease are Tencent's major competitors. ## Anonymous Trust - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 1 - Stages: Pre-Seed, Series A, Seed - Focus: Software, Computer, Market Research Trust ## HAVAÍC - Type: VC Fund - Location: Cape Town, NA - South Africa, South Africa - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Health Care, Financial Services, Software HAVAÍC is an investment and advisory firm that specialises in early-stage, high-growth African businesses with proven concepts and global prospects, offering investment opportunities to sophisticated investors and international venture capital companies with an interest in Africa. As a complementary offering, HAVAÍC provides corporate advisory andcapital raising services to emerging, internationally scalable businesses. ## Twynam Agricultural Group - Type: VC Fund - Location: Sydney, New South Wales, Australia - Relevant deals: 1 - Stages: Series A, Seed - Focus: Agriculture, Food Processing, Seafood Twynam Group is a leading Australian Funds Manager investing in early-stage climate tech. We also operate an agricultural and property portfolio. ## KFW DEG - Type: VC Fund - Location: Cologne, Nordrhein-Westfalen, Germany - Relevant deals: 1 - Stages: Debt Financing, Grant - Focus: Financial Services, Finance, Banking KFW DEG offers financing, advice and support to private sector enterprises operating in developing and emerging-market countries. Their customers can rely on their expertise: They can benefit from their market knowledge, their 21 locations worldwide, and their international network. For entrepreneurial success and development. # About Shizune Shizune.co is an investor database. Core features: - 48,091 startup investors (angels, VCs, accelerators, and others) - Email, phone, LinkedIn (for intros), socials, and other contact data - Updated daily from public funding news - CSV and Excel export The User can access the full database FOR FREE after signing up: shizune.co