Top 50 Blockchain Startup Investors in Africa (October 2023)

Portfolio highlights

• Freename — Redefining Web3 Naming System. Web3 Registrar: custom TLDs and Domains
• LunarCrush — Smarter crypto, NFT, and stock investing with insights from millions of conversations happening across social.
• SuperSight — SuperSight (https://supersight.xyz/), a UK-based start-up, is building crypto-specific Large Language Models (LLMs) to revolutionise the way we interact with crypto data. With 420 million crypto users but only 30,000 able to code for onchain insights, SuperSight bridges the gap, enabling easy access to information from a range ofboth on-chain and off-chain sources like Discord, Telegram, Twitter, Mirror, Podcast Transcripts, and news sites. Beyond just collecting data, SuperSight uses AI to improve the search experience, making it personalised, accurate, and ultimately, more insightful.

Portfolio highlights

• Pyrpose — Pyrpose is a climate finance platform.
• Sytemap — We are building a blockchain-based property record to help home buyers and financial companies access, view and verify properties starting from digitizing Estate project layouts (Sytemap) Sytemap is a first step that allows us access to a large pool of property data. The end goal can really be described as building Zillow for Africa.
• Natix Network — Earn passive income by owning a part of your favourite city

Portfolio highlights

• Get It Done Now — GIDN is a Nigerian Fintech Company targeting medium and low income population for Loans and Financial products. GIDN has in addition a cashless, mobile based community marketplace, with more than 5k members, and aims to regulate the informal economy and facilitate the purchase of Services and Digital Products.

Portfolio highlights

• Chari — Chari is an e-commerce and fintech app for traditional retailers in French-Speaking Africa allowing them to order any consumer goods they sell and get delivered for free in less than 24 hours. Chari is also a financial services provider for these retailers, offering them microloans
• Carry1st — Carry1st develops and publishes enriching mobile games and content apps for African consumers.
• Beacon Power Services — Beacon Power Services is a utility company that provides energy management software and analytics for utilities.

Portfolio highlights

• Tibber — Tibber is a digital electricity supplier that offers smart solutions to minimize their customers’ consumption and costs. Its vision is to make sustainable energy consumption simple and affordable for all households. Tibber's mission is to reduce the residential electricity consumption for European households by 20 %. Founded in Norway andSweden in 2016, the company has expanded its offer to Sweden and Germany where it powers hundreds of thousands of homes. Tibber replaces traditional utilities with smart technology, supplying its customers with renewable energy at fair and transparent prices. In addition, its app provides real-time analytics into energy usage, and pairs with a variety of smart home devices to reduce electricity consumption at home. The company sells tech-gadgets in their online store and recently was licensed to balance the main power grid in Sweden with EVs.
• Statzon — Make data-driven plans & faster decisions with a simple access to +1M datasets & market reports about 8,000 topics from +200 trusted data providers.
• Get It Done Now — GIDN is a Nigerian Fintech Company targeting medium and low income population for Loans and Financial products. GIDN has in addition a cashless, mobile based community marketplace, with more than 5k members, and aims to regulate the informal economy and facilitate the purchase of Services and Digital Products.

Portfolio highlights

• Ahkili — Ahkili is a health tech mobile application for appointment booking that connects patients to psychologists.
• WeMove — WeMove is a fitness marketplace for daily gym passes. They develop innovative solutions that meet your sports issues.
• LAMMA — Lamma is a web and mobile platform reinventing urban movement for package delivery through an extended carpooling network.

Portfolio highlights

• Dmail — Dmail Network is a decentralized mailbox that provides a safe and private environment for users' communication, storage, tokens, and NFTs. The company was founded by Mittal S. and Lucas L. in 2021.
• Earn Network — Onboarding millions to make billions in DeFi economy
• Conductive.ai — Conductive.ai is an engagement platform for game developers to motivate players to increase player lifetime value.

Portfolio highlights

• Terraa — Terraa is a B2B distribution platform in Moroccan.
• OmniBiz — Omnibiz is a digital platform for small businesses willing to attract new customers.
• Revivo — Revivo is an online marketplace for electronics spare parts, tools & accessories.

Portfolio highlights

• Balad — Balad is Egyptian Cross Border Payout Network primarily serving Money Transfer Operators (MTOs), fintechs and mobile wallets. Targeting sending markets including GCC, EU, US, Canada, and UK
• Anchor — Anchor is a Lagos-based banking-as-a-service platform for African businesses. Anchor provides APIs and infrastructure to build, embed and launch powerful financial products in a secure and scalable way.
• Itana — Talent City’s mission is to build a network of charter cities that focuses on creating technology-enabled jobs within a free trade zone with its own regulation and bylaws.

Portfolio highlights

• Lengo — Lengo is an AI based intelligence platform that offers a large database on consumer goods for companies in the FMCG sector.
• Zanifu — The zanifu platform, allows small retailers in Sub Saharan Africa, to procure inventory from their suppliers & pay later.
• Fixit45 — Your best ever automobile service experience awaits you.

Portfolio highlights

• Aethir — Power Ultra-Low Latency Gaming & AI Experiences.
• SupraOracles — We're supercharging oracles to provide blockchains better, faster, accurate, and more secure off-chain data.
• Xixiang Ecological Chain Collection — Xixiang Ecological Chain Collection is a Web3 digital collection platform that includes encrypted art production, promotion, and collecting, as well as IP permission.

Portfolio highlights

• BeyondTrucks — Vertical SaaS
• Lami — Lami is an end-to-end digital insurance platform and API that enables companies across sectors to offer insurance products. Its API allows underwriters to connect with consumer-facing companies that can provide embedded insurance as a value add for existing customers, many of whom are uninsured.
• Complete Farmer — We are providing cutting-edge technological farming protocols and innovations with a unique business model and logistics that are revolutionizing...

Portfolio highlights

• DAOLaunch — DAOLaunch is a decentralized platform that connects investors and startups directly on the blockchain by introducing innovative fundraising solutions to the startup ecosystem. Users can effortlessly create and support new startups across all borders, and participate in transparent, flexible and fair financing rounds regardless of a project being a crypto or fiat.
• Colony Lab — Colony Lab is a community-driven initiative to power the Avalanche Platform growth by investing in early-stage projects.
• Defina Finance — Defina Finance is an online blockchain game that utilizes and combines decentralized finance (Defi) and NFT to allow players to own their gaming assets and monetize them through playing and training.

Portfolio highlights

• Get It Done Now — GIDN is a Nigerian Fintech Company targeting medium and low income population for Loans and Financial products. GIDN has in addition a cashless, mobile based community marketplace, with more than 5k members, and aims to regulate the informal economy and facilitate the purchase of Services and Digital Products.

Portfolio highlights

• Thallo — Thallo is a Carbon Credit Marketplace that is run on the blockchain. We offer businesses and individuals a place to purchase carbon credits.
• ValuesCo — Socialstack is a community of creative leaders, creators, & developers co-creating community-driven economies that run on carbon negative blockchain infrastructure.
• Xternity Games — Boost engagement and empower communities on web3

Portfolio highlights

• Leta — Leta Technology is a software development company that creates supply chain and logistics software to enable the efficient and automated movement of goods.
• Jumba — Jumba is a construction technology platform that streamlines B2B construction material purchase and financing.
• UTU Technologies — Trust infrastructure for the sharing economy.

Portfolio highlights

• TalentQL — Build a world class engineering team. Get matched with top vetted software engineers across Africa. by tapping into our large talent network.
• Coinprofile — Coinprofile allows anyone, anywhere in the world send money to Africa. It's fast, seamless and free!
• CutStruct — We build apps for building projects. Our apps are helping builders extend the value of every dollar and increasing the confidence of ordinary people to build.

Portfolio highlights

• ValuesCo — Socialstack is a community of creative leaders, creators, & developers co-creating community-driven economies that run on carbon negative blockchain infrastructure.
• Bitmama — Bitmama is the best cryptocurrency trading platform that lets you buy, sell Bitcoin, ETH, Celo, USDT, XRP, and more. Available in Nigeria & over 100 countries.
• Capsule Wallets — At Capsule, we thrive on challenging the design of products we use every day. In doing so, we hope to introduce you to a simpler way of living.

Portfolio highlights

• ShapesXR — ShapesXR is a provider of a web-based platform for content creation and collaboration for VR applications.
• Space DOTS — The first modular pico-labs for active in-space testing of advanced materials, from LEO to Cis-lunar and Interplanetary orbits.
• Cascade Biocatalysts — Cascade Biocatalysts is built on a novel way to immobilize enzymes. Our technology keeps enzymes active and stable under difficult industrial conditions.

Portfolio highlights

• The Sun Exchange — The Sun Exchange is the peer-to-peer solar leasing marketplace. We leverage financial innovation and the power of the crowd to drive sustainable energy development and make the environmental, social and economic benefits of solar accessible and affordable for all. Through the Sun Exchange online platform, anyone, anywhere in the world, can buyremotely-located solar cells and then lease them to power businesses and organisations in sunny emerging markets. Solar cell owners earn income from the electricity that’s generated, while schools, businesses, clinics and other organisations gain access to affordable clean energy, reducing electricity costs and carbon emissions.

Portfolio highlights

• Mintgreen — MintGreen specializes in heat recovery from Bitcoin mining. Our proprietary Digital Boilers heat communities sustainably.
• UTU Technologies — Trust infrastructure for the sharing economy.

Portfolio highlights

• IronMill — IronMill is a Web3 infrastructure provider that focuses on offering customized integration solutions to program developers.
• Coinflow Labs — Coinflow is a payment solution that allows Web3 companies to accept traditional payment methods and payout their customers by converting cryptocurrency to USD in their traditional bank account.
• Franklin — Hybrid cash & crypto payroll

Portfolio highlights

• Stakefair — Stakefair is an ecosystem of blockchain, crypto and DeFi products.

Portfolio highlights

• Rainmaker Games — The free global platform to play hundreds of play-to-earn games - connecting gamers, games, and guilds worldwide.
• Collectibles.com — Collectibles.com is a Web3 community and marketplace for collectors and the worldwide collectibles sector.
• Immortal Game — Immortal Game is a play-and-earn, free-to-play, Immortal game that introduces a layer of strategy to the most played board game.

Portfolio highlights

• AMPnet — AMPnet is a set of white-label crowdinvesting platforms with a central P2P marketplace for renewable energy shares. Through our platform, renewable energy communities all over Europe are providing much-needed liquidity to their investments and connecting directly to large financers of renewables such as NGOs, carbon offseting schemes, etc...
• UTU Technologies — Trust infrastructure for the sharing economy.

Portfolio highlights

• Stakefair — Stakefair is an ecosystem of blockchain, crypto and DeFi products.

Portfolio highlights

• Metaverse Magna — Battle friends & frenemies in fun casual games like candy crush, temple run, wordler to win $1K in daily prize pools. Download Hyper

Portfolio highlights

• Stakefair — Stakefair is an ecosystem of blockchain, crypto and DeFi products.

Portfolio highlights

• ChekkitApp — Chekkit is a DAG blockchain powered anti-counterfeiting solution for food and drug supply chain tracking and customer insights platform. It helps producers protect their brands, track supply chain activities, and collect last-mile consumer insights in real-time.

Portfolio highlights

• Busha — Buy, Sell, Trade your BTC, ETH, USDT, Tron to NGN on Busha the simplest, safest, and most trusted platform to manage your cryptocurrency portfolio.
• 24 Exchange — 24 Exchange renders multi-asset trading platform for professional quants and active traders.

Portfolio highlights

• BlockJoy — Easily deploy and manage enterprise-scale blockchain nodes on any infrastructure for up to 80% less than the cloud.
• ProsperOps — ProsperOps is building the robo-advisor for cloud computing.Current cost optimization tooling is recommendation based which places the operational burden on already busy DevOps and FinOps teams. This leads to lag, is error prone, and fundamentally limits what is possible to that which a human can reasonably execute.Cloud cost optimization isbest handled by AI, optimization algorithms, and real-time execution engines. Like robo-advisors in the financial investing space, ProsperOps enables customers to answer a few high level questions about their cloud use after which technology takes over to handle ongoing, day-to-day cost optimization activities.This generates superior savings outcomes (on average, customers increase savings by 68%), reduces risk, and gives customers time back. Welcome to the world of Autonomous Cloud Savings.The company was founded in 2018 and is based in Austin, Texas.
• ConductorOne — ConductorOne integrates permission management for the web and modern infrastructure. Alexander Bovee and Paul Querna co-founded ConductorOne in Portland, Oregon in 2020.

Portfolio highlights

• CrossBoundary — CrossBoundary Energy's renewable energy solutions help decarbonize enterprise by providing cleaner, cheaper and more reliable power.
• Sun King — Sun King solar lanterns and home systems enables underserved communities to achieve more with inclusive distribution and flexible financing options.
• The Sun Exchange — The Sun Exchange is the peer-to-peer solar leasing marketplace. We leverage financial innovation and the power of the crowd to drive sustainable energy development and make the environmental, social and economic benefits of solar accessible and affordable for all. Through the Sun Exchange online platform, anyone, anywhere in the world, can buyremotely-located solar cells and then lease them to power businesses and organisations in sunny emerging markets. Solar cell owners earn income from the electricity that’s generated, while schools, businesses, clinics and other organisations gain access to affordable clean energy, reducing electricity costs and carbon emissions.

Portfolio highlights

• Joystream — JoyStream is a blockchain powered decentralized media distribution, curation, discovery, and monetization platform.
• Webb Protocol — Welcome to Webb, an ecosystem of infrastructures and applications designed to extend privacy to the blockchain space. We are committed to a future where privacy is accessible for all in the multi-chain world.
• Minterest — Minterest is a cross-chain decentralized money market lending protocol for decentralized financial. Its unique design attracts and rewards long-term liquidity with Minterest distributing value captured by the protocol to MNT token holders who actively participate in its governance. Minterest was founded in 2020 and is based in Tallin, Estonia.

Portfolio highlights

• GRVT — Trade on the next-gen hybrid derivatives exchange 100% self-custody. 0% counterparty risk. Traditional finance meets the power of blockchain.
• Percent — Unlock private credit investments with Percent. Access alternative investments on the platform powering the future of private markets.
• Blue Ocean Gear — Blue Ocean Gear designs and builds GPS tracking buoys capable of surviving the brutal operational demands of the modern fixed gear fisher. Our patented SmartBuoy product suite allows fishers, aquaculture farmers and ocean scientists to track and monitor data from their gear anytime and anywhere, enhancing operational efficiency and profitability byreducing fuel costs and lost gear while gaining previously unavailable insights into the local ocean conditions. Our 'IoT for the oceans' also directly address the environmental impacts of lost gear and entanglements.

Portfolio highlights

• GAM3S.GG — Your home of web3 gaming offering game discovery, reviews, guides, news & quests for a full experience.
• Ola — Ola is a ZKVM-based, High-performance, Privacy-focused layer2 platform.
• Earn Network — Onboarding millions to make billions in DeFi economy

Portfolio highlights

• ZetaChain — An EVM-compatible L1 blockchain that connects everything: Build interoperable dApps that span any chain including Bitcoin, access all chains from one place.
• Cryptoworth — Cryptoworth is a cryptocurrency solution and consultancy company working hard at the intersection of cryptocurrencies, blockchains, business and people to better-serve the fin-tech industry. Cryptoworth was created to reduce the complexity of cryptocurrency adoption, usage, and management. Cryptoworth provides the best cryptocurrency and blockchainsolutions for use cases spanning from single users to large institutions.
• Trident Digital — Trident Digital is restoring market liquidity by providing the next-generation digital asset platform that addresses issues with access, security, and capital efficiency. It allows lenders and borrowers to connect transparently and not rely on a central counterparty.

Portfolio highlights

• C14 — C14 is building the next generation of fiat to crypto payment flow. We build seamless fiat on-ramps and off-ramps for crypto, blockchain, and web3 businesses. With a seamless user experience and meaningful coverage for emerging crypto markets around the world, C14 is on a mission to empower users ev
• PoseiSwap — PoseiSwap is a decentralized exchange service provider.
• MetaEra Media — MetaEra is a one-stop resource aggregator for Web3.0. Meta Era focuses on blockchain and metaverse exploration, pursuing professional, thorough, and reliable information and data.

Portfolio highlights

• KlayCity — KlayCity is a P2E virtual world where district NFT owners can govern, explore and earn while enjoying the gaming experience.
• LiveArtX — LiveArtX is a premium NFT platform that connects the art world with web3. Built by art industry leaders, LiveArtX brings creators, collaborators, and collectors into the metaverse.
• Ajuna Network — Ajuna Network is a decentralized ecosystem for gamers and creators.

Portfolio highlights

• Clafiya — Discover Clafiya: Your trusted digital health platform, uniting in-person care and virtual solutions for a personalized and caring healthcare experience. Embrace a healthier, happier you, with us by your side.
• Kunda Kids — Kunda Kids is helping kids around the world fall in love with reading through our storybooks and activity books. Browse our range of storybooks for kids. Perfect for kids ages 3 to 8 years
• ChekkitApp — Chekkit is a DAG blockchain powered anti-counterfeiting solution for food and drug supply chain tracking and customer insights platform. It helps producers protect their brands, track supply chain activities, and collect last-mile consumer insights in real-time.

Portfolio highlights

• Stakefair — Stakefair is an ecosystem of blockchain, crypto and DeFi products.
• Bitmama — Bitmama is the best cryptocurrency trading platform that lets you buy, sell Bitcoin, ETH, Celo, USDT, XRP, and more. Available in Nigeria & over 100 countries.

Portfolio highlights

• Gamp — Gamp is an IT services provider that offers device protection plans and repair support for tech users and businesses.
• 54gene — 54gene is a healthcare startup unlocking the African genome to fuel genetic research and development that may lead to new discoveries and benefit all populations.54gene was founded in 2019 by Dr. Abasi Ene-Obong to address the significant gap in the global genomics market: Nearly 90% of genetic material used in pharmaceutical research iscaucasian. Only 2% is African, despite the fact that Africans and people of African ancestry are more genetically diverse than all other world populations combined. As a result, pharmaceutical research and development is lacking the diverse data that may hold the key to medical discoveries and new healthcare solutions.
• Subsbase — Discover the future of recurring revenue management with Subsbase. Streamline your operations, boost growth, and elevate customer experiences with our cutting-edge platform.

Portfolio highlights

• MetaZone — MetaZone's mission is to harness and expand the application layer of the metaverse to onboard a billion citizens. MetaZone is the first content distribution platform designed to facilitate the open digital economy. At its core, creators submit Metaverse Enabled Tokenized Applications (METAs) to the marketplace, allowing anyone to own,experience, and deploy them to any virtual world. Anyone connected to the platform can host high-quality functional 3D content on digital lands with the click of a few buttons.
• Anima — A new way to play.
• Stems Labs — community and platform for collaborative creativity

Portfolio highlights

• Hugging Face — Hugging Face is an open-source & platform provider of machine learning technologies. Hugging Face was launched in 2016 and is headquartered in New York.
• University of Chicago — University of Chicago is a private research university that focuses on sciences, medicine, economics, law, business, and others. In addition to providing a dynamic education based on critical thinking and interdisciplinary exposure, the university sponsors hundreds of art and cultural events open to the public free of charge. Venues such as theCourt Theatre, the Oriental Institute, and the Smart Museum often host these events for local residents and students. The university’s retail development initiatives also help strengthen the economic health of the city.Academics include more than 50 areas of specialized undergraduate and graduate study, including some interdisciplinary programs like Big Problems, which tackles matters of global and universal concern that do not belong to one discipline or interest group, scientific fields like Biological Chemistry, and more.Experiential programs known as “Chicago Careers In” provide students with research, internships, and advising in fields like business and health professions.
• The University of Tokyo — Official website of the University of Tokyo. Features an introduction to UTokyo, its research and international activities, admissions and other information.

Portfolio highlights

• Metaverse Magna — Battle friends & frenemies in fun casual games like candy crush, temple run, wordler to win $1K in daily prize pools. Download Hyper

Portfolio highlights

• Stakefair — Stakefair is an ecosystem of blockchain, crypto and DeFi products.

Portfolio highlights

• Scalex.Africa — Scalex is bridging the fiat & crypto economies in Africa and beyond.
• Wallets — Wallets Africa helps Africans and African-owned businesses send money, receive money, make card payments, and access overdrafts.

Portfolio highlights

• HwikGo — HwikGo a MaaS platform has created a one-of-a-kind integrated platform that provides a transfer connection between public transportation and shared smart mobility via a traffic card.
• MetaCene — MetaCene is a blockchain company that aims to create an accessible Web3 world for the masses, with a focus on player-centric entertainment.
• Metaverse Magna — Battle friends & frenemies in fun casual games like candy crush, temple run, wordler to win $1K in daily prize pools. Download Hyper

Portfolio highlights

• Stakefair — Stakefair is an ecosystem of blockchain, crypto and DeFi products.
• Otida — Otida is an app that acts as a nutritionist, a fitness coach and physician, among other roles, for patients with diabetes who struggle while navigating through their day-to-day lives.
• Afropolitan — Afropolitan is building a Network State to unleash the maximum potential of Africans around the world. Are you interested? Join us with your email.

Portfolio highlights

• Lengo — Lengo is an AI based intelligence platform that offers a large database on consumer goods for companies in the FMCG sector.
• Clafiya — Discover Clafiya: Your trusted digital health platform, uniting in-person care and virtual solutions for a personalized and caring healthcare experience. Embrace a healthier, happier you, with us by your side.
• Kunda Kids — Kunda Kids is helping kids around the world fall in love with reading through our storybooks and activity books. Browse our range of storybooks for kids. Perfect for kids ages 3 to 8 years

Portfolio highlights

• HelloChoice — HelloChoice is digital trading and auction platform that is transforming the agricultural trade by directly connecting Farmers and Buyers.
• Westfalia Fruit — Recognised as the Avocado Experts, Westfalia Fruit is a multinational organisation with the largest avocado-growing footprint in the world
• Sun King — Sun King solar lanterns and home systems enables underserved communities to achieve more with inclusive distribution and flexible financing options.