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Top 50 Community Startup Investors in Africa in October 2023

A list of 50 angel investors and VC (Venture Capital) funds that invest in Community startups based in Africa. We rank investors based on the number of investments they made in Community companies from Africa. We update this investor list every month.

Top 50 Community Startup Investors in Africa in October 2023

Investor Community Africa investments
Savannah Fund 4
Novastar Ventures 3
HoaQ 3
Microtraction 3
Flat6Labs 3
Mani Kapital 2
Renew Capital 2
FMO 2
GreenHouse Capital 2
U.S. International Development Finance Corp 2
ODBA 2
Kepple Africa Ventures 2
Mulago Foundation 2
Olumide Soyombo 2
Ceniarth 2
AXA Investment Managers 2
Maroc Numeric Fund 2
Global Partnerships 2
Acumen 2
Kiva 2
Greentree Investment Comany 1
Gullit 1
MaC Venture Capital 1
Asymmetry Ventures 1
The Draper Richards Kaplan Foundation 1
Tayo Oviosu 1
Five35 Ventures 1
Desigan Chinniah 1
Change Com 1
Launch Africa 1
Acumen Resilient Agriculture Fund 1
XA Network 1
DEG 1
Ingressive Capital 1
Good Soil VC 1
Greater Impact Foundation 1
Twelve Spring Investment Group 1
Samir Goel 1
Incofin Investment Management 1
Oyster Ventures 1
Netri Foundation 1
RippleWorks 1
Lundin Foundation 1
Rabobank 1
Rio Technology Partners 1
SKBR 1
Whole Planet Foundation 1
Ajim Capital 1
Artha Group 1
FrontEnd Ventures 1

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Savannah Fund
VC Fund · Nairobi, Nairobi Area, Kenya

Savannah Fund is a seed capital fund specializing in US$25,000-US$500,000 investments in early stage high growth technology (web and mobile) startups in sub-Saharan Africa. Initially focused on East Africa, the fund aims to bridge the early stage/angel and venture capital investment gap that currently exists in Africa. The Fund expects toachieve this objective by combining capital with mentor networks both in the region and from Silicon Valley via an accelerator program and a follow-on independent seed fund.The fund is managed by an experienced and technology savvy team that have founded companies or are actively involved in angel investing or having run successful accelerator programs in past but also understand the unique Subsaharan African environment. They are backed and supported by both local, regional and international networks of angels,venture capitalists whose expertise we can draw on to help startups succeed and scale to fully fledged regional or global companies.They believe in the potential for Africa to become a global technology innovator by creating sustainable for profit companies that create jobs and make an impact.

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Investment focus

  • E-Commerce, FinTech, Information Technology
  • Seed, Series A, Pre-Seed
  • Kenya, United States, South Africa

Portfolio highlights

  • Oze — OZÉ brings African small businesses into the digital era. It is an app that makes it easy for businesses to track sales, expenses, and customer information. The data is analyzed to provide tailored recommendations, reports, and business education. If the entrepreneur needs a little extra support, an OZÉ Coach is just a click away. As they are usingOZÉ to manage their business and learn how to run it better, we are learning about them. Using this data and machine learning, we can predict their credit risk and provide them with affordable capital from our banking partners. With over 20,000 registered users, OZÉ is the largest online community of SMEs in Ghana. The most exciting thing is that OZÉ works; 97% of businesses that have used OZE for at least 9 months are growing or profitable or both!
  • Root — Programmable insurance that you can integrate into your product or service with ease
  • 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.
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Novastar Ventures
VC Fund · Nairobi, Nairobi Area, Kenya · 2 investments in the past 12 months

For the many, not just the few. For good.

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Investment focus

  • Agriculture, Internet, Clean Energy
  • Series A, Funding Round, Series B
  • Kenya, Nigeria, United States

Portfolio highlights

  • BasiGo — BasiGo is an early-stage e-mobility start-up looking to revolutionize the public transportation sector by providing matatu owners with a cost-effective electric alternative to diesel buses.
  • Turaco — Turaco develops simplified insurance and credit solutions through mobile technology to solve the healthcare financing needs. Turaco has simplified insurance products and also provides on-demand health loans, allowing customers to get healthcare at affordable monthly premiums.
  • MoKo Home + Living — MoKo Home is Kenya's one-stop furniture company specializing in comfort & smiles, having served over 10000 smiley homes to date. Will yours be next?
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HoaQ
VC Fund · 4 investments in the past 12 months

Startup Investment Club

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Investment focus

  • Financial Services, Internet, E-Commerce
  • Pre-Seed, Seed, Angel
  • Nigeria, United Kingdom, Togo

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.
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Microtraction
VC Fund · Lagos, Lagos, Nigeria · 4 investments in the past 12 months

We invest in Africa's most remarkable teams with technical founders at the earliest stage of their venture

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Investment focus

  • Financial Services, FinTech, Software
  • Pre-Seed, Seed, Angel
  • Nigeria, United States, Canada

Portfolio highlights

  • Famasi — Famasi is a digital health platform that helps people access their medications, schedule doorstep delivery, and automate monthly refills.
  • Pennee — Pennee supports small businesses to grow with low interest loans and data optimization.
  • 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.
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Flat6Labs
VC Fund · Gîza, Al Jizah, Egypt · 8 investments in the past 12 months

Flat6Labs is the MENA region’s leading seed and early stage venture capital firm, currently running the most renowned startup programs in the region. Annually, Flat6Labs invests in more than 100 innovative and technology-driven startups enabling thousands of passionate entrepreneurs to achieve their daring ambitions and ultimately becoming theirinstitutional co-founders. Flat6Labs manages a number of seed funds with a total AUM in excess of $85M. More than 25 leading institutions have invested into the Flat6Labs managed funds; believing in the asset class and Flat6Labs’ proven track record as the market leader.. Flat6Labs provides a wide range of investment ticket sizes ranging from $50K to $500k, supporting startups through their early journeys from Pre-Seed all the way to Pre-Series A stages. Alongside to the investments, Flat6Labs’ exceptional startup programs, executed to cater specifically for the needs of the innovative entrepreneurs, helps them accelerate their growth by providing them with a plethora of support services and connecting them to unparalleled opportunities with an expansive network comprising hundreds of business mentors, investors and corporates. Launched and headquartered in Cairo since 2011, Flat6Labs has multiple offices across the region; with ongoing plans to expand into other emerging markets.

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Investment focus

  • Software, E-Commerce, Apps
  • Seed, Pre-Seed, Funding Round
  • Egypt, United Arab Emirates, Saudi Arabia

Portfolio highlights

  • Midient — We help restaurants collect, analyze, and act on their customer data to increase customer satisfaction and increase revenue.
  • Growdash — Growdash is a business intelligence and analytics tool built specifically for restaurants to support profitable growth strategic decisions across online sales channels.
  • Agel — Agel aim at reshaping the traditional financial services business model, operational model and customer experience to unlock a unique finance avenue for (“MSMEs”), with a core preposition of availing industry-agnostic merchandise credit limit for Merchants within Agel network in a manner that is Digital, Cashless and Sharia compliant, aligning withthe UN Global (“SDG”) goals, and Egypt’s 2030 plan towards financial inclusion and sustainability.our goals are: - Empowering MSMEs growth, - Accelerating Financial Inclusion, - Eradicating Informal Economy, - Raising Financial literacy
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Mani Kapital
VC Fund

Mani Kapital is an investment management firm.

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Investment focus

  • Communities, Clean Energy, Renewable Energy
  • Funding Round
  • Kenya

Portfolio highlights

  • Sanergy — The Sanergy Collaborative is a partnership of 3 independent companies, who are united by a common vision. Explore more about our vision here!
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Renew Capital
VC Fund · Addis Ababa, Adis Abeba, Ethiopia · 2 investments in the past 12 months

RENEW and the Impact Angel Network are one of the most active private equity investors in Ethiopia and recently expanded to Uganda. RENEW and the IAN seek to become the most successful SME investment firm in Sub-Saharan Africa, investing in hundreds of companies across twenty countries. Their mission is to find, invest and help grow great companiesled by visionary leaders.

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Investment focus

  • Food and Beverage, Baby, Reservations
  • Seed, Angel, Pre-Seed
  • Uganda, Ethiopia, Kenya

Portfolio highlights

  • Inputi — Inputi is an online marketplace, aggregator, and distributor for farm supplies based in Kampala, Uganda.
  • Buupass — BuuPass is Kenya's market leader for online bus booking. We enable travelers to reserve seats and make payments in a convenient and timely way. Try BuuPass today!
  • AkelloBanker — AkelloBanker is a data-driven digital finance technology company. The company was founded in 2015 and is headquartered in Makerere, Kampala, Uganda.
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FMO
VC Fund · The Hague, Zuid-Holland, The Netherlands · 3 investments in the past 12 months

FMO is a financial investment firm that specializes in financing businesses and projects FMO invests across the agribusiness value chain to enhance food security, support sustainability and promoting inclusive development.

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Investment focus

  • Financial Services, Finance, FinTech
  • Debt Financing, Series B, Funding Round
  • India, The Netherlands, Kenya

Portfolio highlights

  • Laprophan — Laprophan gives people access to cutting-edge treatments and therapies. As a result, we are committed to researching, developing, and bringing new, innovative goods to market. dedication to patient-centered care pervades everything we do, from product creation to service delivery.
  • AMEA Power — Founded in 2016, AMEA Power has assembled a leading team of global industry experts to deliver clean energy projects across Africa, the Middle East and other emerging markets.
  • Northern Arc — Northern Arc Capital is a non-banking finance company that provides access to debt for under-served investors and businesses. Northern Arc Capita connects originators so that they may deepen their presence and provide access to financial services to millions of under-served households. Northern Arc Capital formerly Known as IFMR Capital. It wasfounded in 2008 and is headquartered in Chennai, India.
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GreenHouse Capital
VC Fund · Ikeja, Lagos, Nigeria

GreenHouse Capital’s Founding Partners took their own fintech company Venture Garden Group (VGG) from a 7 employee, ₦30 million revenue startup to a 200 employees, ₦2 billion power house in just 4 years and raised an attention grabbing Series A round from Convergence Partners of South Africa. The uniqueness of their position was not lost on thefounders who then cultivated Garden Institute of Business Entrepreneurs (GIBE) to identify, incubate, and invest in young and innovative tech startups solving global challenges in Emerging Markets. GIBE was created to build a world class talent management hub for young and passionate entrepreneurs while creating a pool of technology inclined businesses and innovation oriented leaders.

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Investment focus

  • Financial Services, FinTech, Payments
  • Seed, Pre-Seed, Series A
  • Nigeria, Kenya, United States

Portfolio highlights

  • Credpal — Buy now, pay later. Split in 6.
  • Yep! — Yep! is a financial super app leveraging technology to deliver seamless financial services and solutions to all Africans.
  • Encore Pay — Encore Pay is a UAE-based FinTech and Payment solutions provider.
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U.S. International Development Finance Corp
VC Fund · Washington, District of Columbia, United States · 14 investments in the past 12 months

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.

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Investment focus

  • Financial Services, Finance, FinTech
  • Debt Financing, Post-IPO Debt, Funding Round
  • India, United States, Kenya

Portfolio highlights

  • TerraPay — Accelerating business growth with uninterrupted global payouts and collections
  • TechMet — TechMet Ltd backs world-class teams and makes direct investments into companies and assets across the value chain.
  • Kentegra Biotechnology Holdings LLC — Kentegra Biotechnology Holdings is a leading U.S-Kenyan company that supports a Kenyan-based biopesticide processing business that aggregates, extracts, and refines pale refine extract (PRE) from the pyrethrum flower, and sells the PRE to formulators across the world. Kentegra is committed to improving farmer’s livelihoods by investing in thecommunities where we are working to help farmers and their families have a more stable income and better quality of life.Grants: Norad 2021, AgriFi 2020, USAID 2020, USAID 2019, DEG 2020, DEG 2019
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ODBA
VC Fund · Port Louis, Port Louis, Mauritius · 1 investment in the past 12 months

We invest in people and stories, which are at the heart of everything we do.

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Investment focus

  • Financial Services, FinTech, Financial Exchanges
  • Pre-Seed, Seed, Series A
  • Nigeria, Rwanda, United States

Portfolio highlights

  • Zazuu — Zazuu is a platform for sending money across the border.
  • 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.
  • GetFundedAfrica — GetFundedAfrica's mission is to help Africa’s most promising startups find funding, grow & solve society’s greatest challenges. We do this through a media portal - GetFundedAfrica News; a learning portal - REMSANA; and an investment arm - GFA Ventures
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Kepple Africa Ventures
VC Fund · Tokyo, Tokyo, Japan · 2 investments in the past 12 months

Kepple Africa Ventures is an early-stage venture capital firm.

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Investment focus

  • Financial Services, FinTech, Software
  • Seed, Pre-Seed, Funding Round
  • Nigeria, Kenya, Egypt

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.
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Mulago Foundation
VC Fund · San Francisco, California, United States

Mulago finds and funds high-performance organizations that tackle the basic needs of the very poor. We fight poverty. Our job is to find the organizations best able to create change and give them what they need to do it.

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Investment focus

  • Agriculture, Health Care, Pharmaceutical
  • Grant, Seed, Pre-Seed
  • United States, Ghana, India

Portfolio highlights

  • Farmerline — The Farmerline vision is to see an Africa where Agriculture NGO’s are not a functioning force in the market. Farmerline provides paid services that allow farmers to have the information and access they need to employ an entrepreneurial method of farming. Input dealers and traders pay for more efficient communication channels to farmers andfarmers pay for information packages and services. In this vision, more food is produce, more food gets to market, and GDP from cash crop export soars.
  • Hello Tractor — Hello Tractor is an award winning agtech social enterprise that focuses on connecting tractor owners and smallholder farmers in Sub-Saharan Africa through a farm equipment sharing application. We have over the years emerged as the leading provider of technology solutions designed for the tractor services market, capturing 75% of private commercialtractor inflows to Nigeria, expanding to a total of 16 markets across the continent as well as reaching well over 500,000 smallholder farmers.
  • Particles for Humanity — Particles for Humanity transforms medical technologies originated in academic labs into products that meet the health care needs of people in developing countries.
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Olumide Soyombo
Angel · Lagos, Lagos, Nigeria

Olumide Soyombo holds a BSc in Systems Engineering from University of Lagos, Nigeria and an MSc (Distinction) in Business and Information Technology from the Aston Business School, Birmingham, England; earning membership into the Beta Gamma Sigma Society for his high scholastic achievement.Olumide co–founded Bluechip Technologies Ltd in 2008 andhas grown the organisation from an organization with two employees to an organization with over 80 consultants spread across Lagos, Accra and Lusaka, Zambia.In 2014, Olumide setup Leadpath as a seed fund investing in local tech startups. He has invested in startups like Pushcv.com, Paystack, Piggybank.ng, Fashpa, Heels.com.ng , Delivery Science, Gloo.ng, and Cosign.co.

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Investment focus

  • Financial Services, FinTech, Finance
  • Pre-Seed, Seed, Angel
  • Nigeria, United States, United Kingdom

Portfolio highlights

  • Wealth8 — Wealth8 is a black-owned investment platform that provides a simple and affordable way for the black community to save & invest in globally managed funds.
  • 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.
  • The Gradient Boost — The Gradient Boost is an online mentor guided data science school. The Gradient Boost focus on delivering an online data science education from both a theoretical and practical perspective.
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Ceniarth
VC Fund · San Francisco, California, United States

Ceniarth is a single-family office focused on funding market-based solutions that benefit underserved communities. Through their investing activity, they provide capital to accelerate the deployment of products and services that directly impact underserved communities. They aim to support enterprises in ways that lead to long term commercialsustainability.They organize their work around program areas that aim to think systematically about sector development and the obstacles to growth. They endeavor to support market ecosystems in ways that attract ongoing private investment or public sector support.Ceniarth began operations in 2013 and works in conjunction with the Isenberg Family Charitable Foundation. Their ability to leverage grants and program-related investments, in addition to return-seeking capital, allows us to think flexibly and creatively to address funding gaps. Their goal is to apply the right, most efficient form of capital for a given need in order to produce meaningful impacts for communities.

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Investment focus

  • Agriculture, Social Entrepreneurship, Energy
  • Debt Financing, Seed, Series B
  • Kenya, Ghana, India

Portfolio highlights

  • Kheyti — Kheyti helps small farmers battle income variability by providing low cost technologies bundled with services.
  • iProcure — iProcure is a Nairobi-based start-up working to optimize the agriculture input supply chain in rural Kenya. iProcure’s web and mobile technology solution improves agriculture retailers’ operations. It lets them manage ordering based on inventory, point of sale activities, and client profiles along with geo-located purchasing patterns, real-timeagent performance and transaction analysis, and built-in mobile payments. As a result, retailers can better predict demand with business intelligence data, improve inventory management, and streamline distribution efficiency.
  • Farmerline — The Farmerline vision is to see an Africa where Agriculture NGO’s are not a functioning force in the market. Farmerline provides paid services that allow farmers to have the information and access they need to employ an entrepreneurial method of farming. Input dealers and traders pay for more efficient communication channels to farmers andfarmers pay for information packages and services. In this vision, more food is produce, more food gets to market, and GDP from cash crop export soars.
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AXA Investment Managers
VC Fund · Puteaux, Ile-de-France, France · 7 investments in the past 12 months

They are an active, long-term, global, multi-asset investor focused on enabling more people to harness the power of investing to meet their financial goals.As the investment partner of AXA Group, the A-rated protection and wealth management provider, we draw on a longstanding heritage of creating solutions to manage real-life risks andchallenges.At the same time, our investment professionals are committed to finding the most efficient and sustainable sources of return across world markets, from equities to fixed income, real assets to other alternative asset classes.

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Investment focus

  • Biotechnology, Health Care, Medical
  • Series B, Funding Round, Series C
  • United States, Kenya, Spain

Portfolio highlights

  • Mombak — Mombak is a carbon removal company that focuses on the reforestation of the Amazon. The company's team combines experts in science, technology, forestry, and carbon markets
  • Helium Health — Helium Health empowers healthcare providers in Africa with digital tools, financing solutions, and data partnerships. Learn more about our innovative solutions.
  • Vedanta Biosciences — Vedanta Biosciences is a developer of immunotherapies designed to treat immune-mediated and infectious diseases. The company's immunotherapies include a suite of proprietary assays to select pharmacologically potent strains, vast proprietary datasets from human interventional studies, and facilities for cGMP-compliant manufacturing ofrationally-defined bacterial consortia in powder form, enabling physicians to access live bacteria drug to treat autoimmune and inflammatory diseases easily.It was founded in 2010 and is headquartered in Cambridge, Massachusetts.
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Maroc Numeric Fund
VC Fund · Casablanca, Grand Casablanca, Morocco · 1 investment in the past 12 months

Maroc Numeric Fund is a tech VC fund investing in Morocco.

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Investment focus

  • Online Portals, Enterprise Software, FinTech
  • Series A, Seed, Pre-Seed
  • Morocco, Canada, France

Portfolio highlights

  • Cypherleak — Cypherleak is an automated cyber risk monitoring and scoring solution that uses an organisation's domain name only to map their risk exposure across leaked passwords, attack surface, vulnerabilities and dark web data leakage. Additionally, Cypherleak supports global insurances by powering their cyber insurance products with reliable andaccurate cyber risk modeling and monitoring.
  • Damanesign — Damanesign operates as a digital trust solutions startup. Damanesign is a startup that is seizing new legislation opportunities on digital trust in Morocco to provide users with the utmost safety in documentation.
  • Aza Petrosolutions — Aza Petrosolutions provides services, solutions, and superior software and hardware for fuel management.
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Global Partnerships
VC Fund · Seattle, Washington, United States

Global Partnerships is an impact-first investor dedicated to expanding opportunity for people living in poverty. For 25 years GP has invested in sustainable solutions that help impoverished people increase their incomes and improve their lives, with core investments in livelihoods, education, health, energy, housing, and sanitation. Since inceptionGP has deployed $356.5 million in impact investments to 135 partners, bringing meaningful impact to over 14.7 million lives in 21 countries.What is Impact-First Investing?Impact-first investing means investing in a way that seeks the highest possible social impact, while seeking to preserve capital with a modest financial return for investors.Impact-first investing is distinctly different from return-first investing, which seeks the highest possible financial return (often without consideration of social or environmental consequences), and from philanthropy, which seeks the highest social impact without any preservation of capital.We believe that impact-first investing has an essential role to play in advancing sustainable solutions to poverty for millions of people worldwide.What Does Impact Mean to Global Partnerships?All of our impact-first investing is aimed at empowering poor and marginalized people to earn a living, provide the basic necessities of life for their families, and improve their lives. We seek social impact on four dimensions:Broadening Opportunity – We have a holistic understanding of poverty, so we invest across all facets of poverty: livelihoods, education, energy, health, housing, sanitation, and water.Deepening Inclusion – We invest at the edge of the market, emphasizing approaches that include people marginalized by depth of poverty, gender, and/or geography, including women and the rural poor.Serving Millions – We believe that every person matters, and want to expand opportunity for as many people as possible. We therefore focus on sustainable approaches that can, over time, scale to serve millions of people living in poverty.Improving Lives – We only invest where evidence convinces us that people living in poverty value the opportunity being delivered and are empowered by it – economically or otherwise – to improve their lives.

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Investment focus

  • Clean Energy, Renewable Energy, Solar
  • Series A, Seed, Funding Round
  • Kenya, United States

Portfolio highlights

  • Turaco — Turaco develops simplified insurance and credit solutions through mobile technology to solve the healthcare financing needs. Turaco has simplified insurance products and also provides on-demand health loans, allowing customers to get healthcare at affordable monthly premiums.
  • Eneza Education — Eneza Education, a.k.a. MPrep, was founded in 2011 by Kenyan teachers and educators serious about making technology useful for their students. From the rural areas of Nyanza to Wajir Town and the Mombasa Coast, Kenyan teachers united to create the content of our initial Class 7 and Class 8 study tool. We wanted a tool that combined the best ofgreat teaching practices: scaffolded assessments, direct feedback, and high engagement. And we wanted to make sure ALL kids had access to our system. What better way to start than with a simple SMS-based system?
  • Sun King — Sun King solar lanterns and home systems enables underserved communities to achieve more with inclusive distribution and flexible financing options.
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Acumen
VC Fund · New York, New York, United States · 6 investments in the past 12 months

Acumen is a nonprofit venture fund that invests in early-stage companies bringing critical services like agriculture, clean energy, education, financial inclusion, healthcare and workforce development to low-income communities in 14 countries across East and West Africa, South Asia, Latin America, and the United States. Since 2001, Acumeninvested $128 million in 128 companies that have transformed the lives of over 308 million low-income people.

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Investment focus

  • Financial Services, Health Care, Agriculture
  • Seed, Funding Round, Series A
  • United States, India, Kenya

Portfolio highlights

  • GramVaani — Gram Vaani [meaning 'voice of the village'] is a social tech company based at IIT-Delhi. Their objective is to reverse the flow of information, that is, to make it bottom-up instead of top-down, by helping connect communities with companies/governments/dev agencies. Using simple technologies and social context to design tools,Gram Vaani has been able to impact communities- more than 2 million users in over 15 Indian States, Afghanistan, Pakistan, Namibia and South Africa.
  • Haqdarshak — Haqdarshak is a technology-enabled platform working to transform how Indian citizens learn about, apply for, and benefit from, government schemes. The company is composed of a group of passionate social entrepreneurs using technology to impact the next billion. The team comprises of individuals from diverse background who have come together out ofcommon interest and passion. The investor community represents individuals holding prestigious positions in different companies across various sectors.
  • ReCircle — They are a Waste Management service that provides a free doorstep pick-up service for offices, institutions, households and schools to dispose their recyclable waste (Raddi). They further supply this recycled waste to authorized recycling centres, ensuring safety and sustainability.
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Kiva
VC Fund · San Francisco, California, United States · 1 investment in the past 12 months

Kiva is the world's first online lending platform. For as little as $25 you can lend to an entrepreneur around the world. Learn more here.

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Investment focus

  • Social Entrepreneurship, Agriculture, Energy
  • Debt Financing, Seed, Series A
  • Ghana, Kenya, Uganda

Portfolio highlights

  • I2B — Develop your ideas without code. Using bubble. The visual development framework.
  • Farmerline — The Farmerline vision is to see an Africa where Agriculture NGO’s are not a functioning force in the market. Farmerline provides paid services that allow farmers to have the information and access they need to employ an entrepreneurial method of farming. Input dealers and traders pay for more efficient communication channels to farmers andfarmers pay for information packages and services. In this vision, more food is produce, more food gets to market, and GDP from cash crop export soars.
  • Altech Group — Altech Group aims at expanding access to clean, renewable, and affordable energy both for poor-grid and off-grid households.
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Greentree Investment Comany
VC Fund

Greentree Investment Comany is an investment firm.

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Investment focus

  • Logistics, Health Care, Medical Device
  • Seed, Pre-Seed
  • Nigeria

Portfolio highlights

  • MDaaS Global — At MDaaS Global, we build and operate modern, tech-enabled diagnostic centres in clinically-underserved communities, starting in Nigeria. Our big goal is to create affordable healthcare solutions for Africa's next billion.
  • Eazyhire — Eazyhire is allows people and businesses rent assets such as equipment and vehicles that they need temporarily while providing value to the owners of those underutilized assets. We also provide asset financing through our rent to own service in partnership with financial institutions and OEMs
  • Riby — At Riby we provide solutions that manages Collaborative and Community-based access to finance, peer-to-peer lending and saving groups.
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Gullit
VC Fund · Ebène, Plaines Wilhems, Mauritius · 1 investment in the past 12 months

Gullit advises and finances scalable early-stage tech firms in Africa. Additionally, Gullit provides funding for startups during the seed, pre-seed, debt acquisition, and restructuring phases.

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Investment focus

  • Travel, Reservations, Public Transportation
  • Pre-Seed
  • Kenya

Portfolio highlights

  • Buupass — BuuPass is Kenya's market leader for online bus booking. We enable travelers to reserve seats and make payments in a convenient and timely way. Try BuuPass today!
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MaC Venture Capital
VC Fund · Los Angeles, California, United States · 26 investments in the past 12 months

MaC Venture Capital is a seed-stage venture capital firm that invests in technology startups leveraging shifts in cultural trends and behaviors.

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Investment focus

  • Software, Information Technology, Health Care
  • Seed, Series A, Pre-Seed
  • United States, Kenya, Nigeria

Portfolio highlights

  • Haiqu — Clumsy Hardware needs Careful Software
  • Gradia Health — Gradia is an integrated, concierge care platform designed for clinics to support patients with chronic conditions.
  • Exponential Exchange — Exponential Exchange is designing contemporary commodities and brokered financial products.
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Asymmetry Ventures
VC Fund · San Francisco, California, United States · 14 investments in the past 12 months

Asymmetry Ventures invests in scalable early-stage companies with exceptional defensibility.

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Investment focus

  • Software, Health Care, Biotechnology
  • Seed, Pre-Seed, Series A
  • United States, India, United Kingdom

Portfolio highlights

  • NewHomesMate (formerly Propertymate) — Find, compare and buy a new construction home - all in one place.
  • Mate Fertility — Mate Fertility Is the Fastest Growing Fertility Network That Makes Care Affordable In A Warm Clinic Setting With Compassionate Providers.
  • Rejuvenation Technologies — Rejuvenation Technologies is a biotechnology company that developed nucleoside-modified TERT mRNA to safely and rapidly extend telomeres. The company is headquartered in Mountain View, California.
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The Draper Richards Kaplan Foundation
VC Fund · Menlo Park, California, United States · 1 investment in the past 12 months

William H. Draper, III and Robin Richards Donohoe began investing together in the venture industry in 1994 concentrating on building companies in India. Since 1994, they have invested in over one hundred early stage information technology investments both in India and the United States. In 2010, the Foundation joined forces with Robert S. Kaplan,formerly vice-chairman of Goldman Sachs and currently professor of leadership at Harvard Business School. Together the team raised their second fund inviting fourteen innovative philanthropists to join the fund.

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Investment focus

  • Software, FinTech, Education
  • Seed, Grant, Funding Round
  • United States, Ghana, India

Portfolio highlights

  • Emata — Emata brings digital and affordable financial products to farmers in East Africa.
  • Numida — Growing African small businesses with affordable, convenient, and fair credit.
  • People's Pension — People's Pension is a pension provider that offers innovative, flexible and digitally driven financial services to successfully increase resilience within the informal economy and reduce old-age poverty.
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Tayo Oviosu
Angel · Lagos, Lagos, Nigeria · 1 investment in the past 12 months

Tayo is the Founder & Group CEO of Paga (www.paga.com), Nigeria’s leading mobile money service. Prior to Paga, Tayo was Vice-President at Travant Capital Partners, a private equity fund in West Africa. Prior to joining Travant, Tayo was a Manager, Corporate Development, at Cisco Systems in San Jose California. Tayo’s work at Paga has beenrecognized globally - in 2014 CNBC selected Tayo as the Entrepreneur of the Year West Africa, and in 2015 the African Leadership Network selected Paga as the outstanding growing company of the year in Africa. Tayo is also the co-founder of Kairos Angels, an angel investment club.Tayo earned his Bachelors of Science degree in Electrical Engineering, cum laude, from the University of Southern California, and also has a Masters in Business Administration from the Graduate School of Business, Stanford University.

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Investment focus

  • Financial Services, Artificial Intelligence, Information Technology
  • Seed, Angel, Pre-Seed
  • Nigeria, Brazil, United States

Portfolio highlights

  • AjoMoney — AjoMoney is making access to finance easy and flexible for the financially underserved individuals and SMEs willing to cover urgent needs, by digitizing the community financing rotating savings and credit association (ROSCA) model.With the AjoMoney technology-driven platform, individuals can save and access interest-free to low-interest credits,businesses can sell credit securely to customers who are saving with them under a cooperative model.
  • Tyms Africa — Tyms is a financial management platform for businesses. Tyms Book is the ideal accounting solution for businesses interested in streamlining financial processes, facilitating collaboration, and optimizing workflows.
  • Venco Platforms — VENCO automates visitor management, billing, and collections, as well as smart utility vending for communities across Africa.
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Five35 Ventures
VC Fund · Gauteng, NA - South Africa, South Africa · 4 investments in the past 12 months

Five35 Ventures is committed to unlocking capital and growth opportunities for female-focused early-stage African technology startups.

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Investment focus

  • Information Technology, Health Care, Wellness
  • Seed, Pre-Seed, Funding Round
  • South Africa, Kenya, Nigeria

Portfolio highlights

  • Kasha — Kasha is an innovative e-commerce platform based in East Africa, built for women's health, personal care and beauty products accessibility within urban and rural areas.
  • Buupass — BuuPass is Kenya's market leader for online bus booking. We enable travelers to reserve seats and make payments in a convenient and timely way. Try BuuPass today!
  • Zuri Health — .ts-banner-image-1:hover .overlay{background-color:#ffffff} .ts-banner-image-2:hover .overlay{background-color:#ffffff} Popular categories Pharmacy Doctor at home Covid Labs & Diagonstics Wellness Telemed Show all Our Services PharmacyBuy both OTC and prescription medication and have it delivered to your doorstepLabs & DiagnosticsBook labs and Diagnostic tests and get your samples collected from the comfort of your home, hotel
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Desigan Chinniah
Angel · London, England, United Kingdom · 3 investments in the past 12 months

Tech Advisor | Startup Mentor | Angel Investor | Board MemberDesigan Chinniah, aka Dees, provides seasoned startup, dot-com hardened, functional, strategic, creative and zero-bullshit executive advice. Dees possesses a unique set of Swiss-Army-Knife like talents and experiences - at the intersection of Product, Engineering, Business Development,Marketing, Fundraising and Developer Relations.A self-confessed geek — this sneakerhead lives in London with his wife, Sanne and their two kids, Summer Skye & Kiran Quinn.You’ve come this far… Why not say hello? helloATdesiganchinniahDOTcom#africa #ai #ar #blockchain #bots #community #connectivity #crypto #ethics #fintech #gaming #iot #opensource #privacy #speech #startups #voice #vr #web

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Investment focus

  • Software, Apps, SaaS
  • Seed, Angel, Pre-Seed
  • Nigeria, United States, United Kingdom

Portfolio highlights

  • Chimoney — Chimoney builds a digital asset cloud platform and apps and APIs for moving value globally. The asset cloud hosts mobile money, airtime, etc
  • TigerBeetle — TigerBeetle operates as a distributed financial accounting database for mission-critical safety and performance.
  • Venco Platforms — VENCO automates visitor management, billing, and collections, as well as smart utility vending for communities across Africa.
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Change Com
VC Fund · Oslo, Oslo, Norway · 2 investments in the past 12 months

Change Com AS is an Oslo-based advisory and investment company,founded by long-term Telenor research scientist, business developer and senior project manager Endre Skolt.

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Investment focus

  • Travel, FinTech, Software
  • Pre-Seed, Seed
  • Kenya, Australia

Portfolio highlights

  • Buupass — BuuPass is Kenya's market leader for online bus booking. We enable travelers to reserve seats and make payments in a convenient and timely way. Try BuuPass today!
  • ImaliPay — ImaliPay is a financial health platform offering financial products to freelancers and blue collar gig workers in partnership with gig platforms.
  • Aerotruth — Aerotruth is a B2B SaaS solution which automates the document on-boarding process for banks, financial institutions and fintechs
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Launch Africa
VC Fund · Ebène, Plaines Wilhems, Mauritius · 18 investments in the past 12 months

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.

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Investment focus

  • Financial Services, FinTech, Information Technology
  • Seed, Funding Round, Pre-Seed
  • Nigeria, South Africa, Kenya

Portfolio highlights

  • Zanifu — The zanifu platform, allows small retailers in Sub Saharan Africa, to procure inventory from their suppliers & pay later.
  • Peach Payments — Get Peach as your Payment Gateway and Grow your ecommerce. Process online payments with Visa, Mastercard, Debit Orders, EFT payments, and subscriptions. Plugins for Wix, Shopify, WooCommerce.
  • 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.
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Acumen Resilient Agriculture Fund
VC Fund · Nairobi, Nairobi Area, Kenya · 3 investments in the past 12 months

Acumen Resilient Agriculture Fund is an equity fund designed to build the climate resilience of smallholder farmers.

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Investment focus

  • Agriculture, Farming, Social Entrepreneurship
  • Seed, Pre-Seed
  • Ghana, Kenya

Portfolio highlights

  • FarmWorks — FarmWorks is an agricultural technology company that gives farmers access to farm inputs as well as a market for the produce .FarmWork is to unlock agricultural potential by building clusters of mid-sized farms while working with thousands of small-holder farmers and establishing direct linkage to local and global markets.
  • Stable Foods — Stable Foods has built an integrated solution to provide inputs and offtake contracts, Irrigation-as-a-Service (IaaS), and training on best practises for regenerative agriculture.
  • Complete Farmer — We are providing cutting-edge technological farming protocols and innovations with a unique business model and logistics that are revolutionizing...
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XA Network
VC Fund · Singapore, Central Region, Singapore · 5 investments in the past 12 months

XA Network provides smart capital to startups in Southeast Asia. We believe startups in Southeast Asia deserve a better breed of angels - genuinely wanting to go beyond capital.

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Investment focus

  • FinTech, Information Technology, Financial Services
  • Seed, Pre-Seed, Series A
  • Singapore, Indonesia, Vietnam

Portfolio highlights

  • GORO — Easy property investing from IDR10,000 and earn up to 10% return per year paid monthly at GORO.
  • Proglix — Proglix is ​​a goods procurement platform for raw materials and finished industrial goods.
  • Beep Technologies — Beep is creating a universal, modular platform bridging the physical and digital divide, powering smart, contextual & interoperable connectivity across physical touchpoints whilst ensuring true customer privacy by leveraging on decentralised technology.
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DEG
VC Fund · Overland Park, Kansas, United States · 1 investment in the past 12 months

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.

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Investment focus

  • Financial Services, Banking, B2B
  • Funding Round, Debt Financing, Series A
  • India, Ghana, China

Portfolio highlights

  • Laprophan — Laprophan gives people access to cutting-edge treatments and therapies. As a result, we are committed to researching, developing, and bringing new, innovative goods to market. dedication to patient-centered care pervades everything we do, from product creation to service delivery.
  • Turnkey Lender — Turnkey Lender is a Commercial lending software that can improve efficiency and reduce costs for financial services companies.
  • Dastgyr Technologies — Making trade and capital seamless and reliable
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Ingressive Capital
VC Fund · Lagos, Lagos, Nigeria · 4 investments in the past 12 months

Ingressive Capital they provide services in business development, partnerships, and financial support.

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Investment focus

  • Financial Services, FinTech, Information Technology
  • Pre-Seed, Seed, Series A
  • Nigeria, United States, Ghana

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 — SubsBase offers comprehensive subscription management and billing solutions that help businesses acquire and retain more customers.
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Good Soil VC
VC Fund · London, England, United Kingdom

GOODsoil VC is an early stage venture capital firm. We partner with founders seeking to invent new market categories and transform large, existing industries.They aim to take risks on innovative and ambitious people and products; providing risk capital for new and early-stage start-up companies, in return for an equity share.

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Investment focus

  • FinTech, Human Resources, Financial Services
  • Seed, Pre-Seed, Series A
  • Ghana, Nigeria

Portfolio highlights

  • Zeepay — Zeepay Ghana Limited is a wholly Ghanaian owned Mobile FinancialServices company focusing on providing integrated mobile payments services with mobile wallets targeting the unbanked and banked population with the objective of bringing the unbanked into the financial stream and easing payments and collections for the banked population.Zeepayfacilitates the processing of multiple mobile phone payment transactions, and operates as a aggregator that brings transaction of all players together on one single platform. The company’s core application runs on open source technology, and is designed to integrate all types of payment platforms, banks, merchants, Mobile Network Operators (MNOs), and other companies with subscriber based transactions.
  • BezoMoney — Bezomoney is a social saving platform for low-income earners that helps them save effectively, access bulk capital through group savings and boost their creditworthiness. The platform features a personal wallet with a lock feature allowing users to save over a period of time. It features a machine learning model allowing users to accumulate pointsbased on the consistency of their savings which translates into benefits on the platform such as discounts on purchase, acquisition of property and investment options. There is also a group wallet which allows users to participate in rotational group savings with people inside their network.
  • Zuberi Technologies Limited — Zuberi Pay is an on-demand mobile employee benefits app in Africa. As an interest free mobile alternative to digital loans for employees, salaried workers have the opportunity to access their salary on a daily basis rather than wait for the month end. The platform is available to African companies via partnerships who value their employees and wantto increase financial wellbeing within the workplace.
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Greater Impact Foundation
VC Fund

Greater Impact Foundation funds stage two for-profit social enterprises that focus acutely on poverty eradication.

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Investment focus

  • Agriculture, Social Entrepreneurship
  • Seed
  • Ghana

Portfolio highlights

  • Farmerline — The Farmerline vision is to see an Africa where Agriculture NGO’s are not a functioning force in the market. Farmerline provides paid services that allow farmers to have the information and access they need to employ an entrepreneurial method of farming. Input dealers and traders pay for more efficient communication channels to farmers andfarmers pay for information packages and services. In this vision, more food is produce, more food gets to market, and GDP from cash crop export soars.
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Twelve Spring Investment Group
VC Fund

Twelve Springs Investment Group is a real estate development and technology company that seeks to shape the future of Africa through world-class iconic real estate developments and technology innovations.

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Investment focus

  • Communities, Human Resources, Staffing Agency
  • Seed
  • Nigeria

Portfolio highlights

  • TalentsinAfrica — TalentsinAfrica simplifies the recruitment process for both job seekers and recruiters. Create and share a very detailed profile of your skills and experiences for potential employers to consider. Perform targeted searches and connect with active job seekers who match your specific hiring requirements.
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Samir Goel
Angel · New York, New York, United States · 3 investments in the past 12 months

Samir is a social entrepreneur, writer, and connector committed to bridging the public and private sectors by bringing together diverse communities to eliminate the access gap.In 2015, Samir Co-Founded Esusu, a platform designed to empower users to better save, access capital, and build credit through community savings. Prior to Esusu, SamirCo-Founded Transfernation, a nationally recognized 501(c)3 non-profit which uses technology to ensure excess food from events goes toward underserved communities across New York City. To-date Transfernation has rescued over 300,000 thousand pounds of food and impacted 250,000 lives. For his entrepreneurial endeavors Samir has been recognized as a WEF Global Shaper, Global Good Fund Fellow, Dalai Lama Fellow, Resolution Fellow and was the recipient of the Jefferson Awards Foundation National Public Service Award.In addition to his work as a social entrepreneur, Samir has had the opportunity to build a robust skillset over his time at LinkedIn working across 5 offices in Customer Success Consulting, Talent Acquisition, and Sales Strategy & Operations focused on Europe, the Middle East, and Africa. Previously Samir worked at The United Nations, Venture for America, and various non-profits in the New York City areaSamir is an avid writer and contributes for LinkedIn, The Daily Muse, Influencive, Mogul, and Quartz. Samir supplements his entrepreneurship and writing with public speaking engagements, which have ranged from The United Nations to the Clinton Global Initiative's Final Annual Meeting.Samir received his Bachelor's of Science from New York University's Stern School of Business. Samir enjoy's baking & cooking, staying active, travel, writing, and spending time with his family and 4 younger siblings.

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Investment focus

  • SaaS, Legal, Advice
  • Seed, Funding Round
  • Nigeria, United States, United Kingdom

Portfolio highlights

  • Mirza — We help employers hire and retain working parents and caregivers. Our care now, pay later childcare loan helps you support your workforce
  • Rent Small Small — Rent Small Small is a Nigeria-leading prop-tech platform providing a unique rental solution to Nigerians in order to improve the home-seekers rental experience and increase homeowner's occupancy rate.Our business model is unique as it allows verified tenants to find a property on the go, stay within budget, and pay rent flexibly. We providefirst-of-its-kind rent insurance for property owners against rent default, and unlike traditional agents, we don’t charge agency and legal fee.Our mandate is to provide suitable and affordable homes for home-seekers, influence the conception and birth of new homes to boost the livelihood and productivity of Nigerian youths, and help homeowners make their property rentable and profitable.
  • Flourish Fi — Creating a banking experience that people love. Enable banks and credit unions to strengthen relationships with a rewards system, financial literacy and savings journey.
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Incofin Investment Management
VC Fund · Antwerp, Antwerpen, Belgium · 3 investments in the past 12 months

Incofin Investment Management (Incofin IM) manages funds that invest in microfinance institutions (MFIs) in developing countries. MFIs provide financial services, such as credits, savings and insurances, to people who cannot have recourse to regular banks. As a specialist in rural microfinancing, Incofin IM’s main goal is to reach out to people wholive in more secluded rural areas and/or who are active in the agricultural sector.

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Investment focus

  • Financial Services, FinTech, Finance
  • Series A, Series B, Funding Round
  • India, Kenya, Myanmar

Portfolio highlights

  • Sahyadri Farms — Sahyadri Farms is a farmer producer and agricultural company.
  • Light Microfinance — We are one of the top Microfinance companies in India. Light Microfinance head office is located in Ahmedabad.
  • Mufin Green Finance — Mufin Green Finance is an NBFC that specialises in the electric vehicle (EV) market.
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Oyster Ventures
VC Fund · San Francisco, California, United States · 4 investments in the past 12 months

Oyster Ventures invests in exceptional new-frontier technology companies. We target companies that bring liquidity and efficiency to antiquated industries, companies that enable globalization, and with the leverage to massively scale.

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Investment focus

  • Software, FinTech, Financial Services
  • Seed, Series A, Funding Round
  • United States, Singapore, United Kingdom

Portfolio highlights

  • Rithmm — Rithmm is a personalized predictive analytics platform for sports betting. We enable our users to test their own strategies, rather than relying on the thoughts of others, through the simplification and personalization of sports betting models. Your instincts. Our algorithm. Give yourself an edge.
  • Conductive.ai — Conductive.ai is an engagement platform for game developers to motivate players to increase player lifetime value.
  • Advance Tech Lending — Advance Tech Lending is an online salary loans provider. They help employees cover their daily financial needs with a click of a button. They don’t charge interest, just a processing fee to get funds to you immediately.
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Netri Foundation
VC Fund · Barcelona, Catalonia, Spain

Netri Foundation seeks to improve the quality of life of the most disadvantaged through grants and social investments.

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Investment focus

  • Agriculture, Social Entrepreneurship
  • Debt Financing
  • Ghana

Portfolio highlights

  • Farmerline — The Farmerline vision is to see an Africa where Agriculture NGO’s are not a functioning force in the market. Farmerline provides paid services that allow farmers to have the information and access they need to employ an entrepreneurial method of farming. Input dealers and traders pay for more efficient communication channels to farmers andfarmers pay for information packages and services. In this vision, more food is produce, more food gets to market, and GDP from cash crop export soars.
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RippleWorks
VC Fund · California City, California, United States

RippleWorks pairs the most promising social ventures with Silicon Valley expertise to jointly identify and address immediate and critical scaling challenges. RippleWorks' volunteer program provides a high-skilled opportunity for tech executives and successful entrepreneurs to apply their domains of expertise and drive meaningful impact aroundthe world. RippleWorks is a non-profit that operates with a heightened sense of urgency to drive business results faster, which in turn will accelerate social and economic impact.

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Investment focus

  • Mobile, FinTech, Software
  • Debt Financing, Corporate Round
  • Ghana, South Africa

Portfolio highlights

  • Zoona — Zoona is a mobile technology company developing products such as money transfers, electronic voucher payments, and agent payments. It brings together the drive of young entrepreneurs and the power of cutting-edge technology to bring safe and reliable financial services to underserved communities all over Africa!It has support offices in SouthAfrica with operations in Zambia, Malawi, and Mozambique. Since being founded in 2009, they have processed over $2 billion in transactions and been recognized by The Nike Foundation and The Unreasonable Group as one of the top ten Startups best positioned to take girls out of poverty by helping them become entrepreneurs.
  • Farmerline — The Farmerline vision is to see an Africa where Agriculture NGO’s are not a functioning force in the market. Farmerline provides paid services that allow farmers to have the information and access they need to employ an entrepreneurial method of farming. Input dealers and traders pay for more efficient communication channels to farmers andfarmers pay for information packages and services. In this vision, more food is produce, more food gets to market, and GDP from cash crop export soars.
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Lundin Foundation
VC Fund · Vancouver, British Columbia, Canada

The Lundin Foundation is a philanthropic organization founded originally by the Lundin family. The Foundation is currently supported by a number of publicly traded natural resource companies committed to the highest standards of corporate responsibility. The Lundin Foundation embodies the entrepreneurial spirit of the Lundin family. TheFoundation provides risk capital in the form of investments into high potential small- and medium-sized businesses, with a view to generating wealth and employment needed to alleviate poverty on a sustained basis. It also provides strategic grants to early stage innovations and for technical and managerial assistance.

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Investment focus

  • Mobile, Apps, Energy
  • Series A, Series D, Funding Round
  • Kenya, Mauritius

Portfolio highlights

  • Esoko Networks — Esoko is a technology and deployment company helping nonprofits, agribusinesses and governments digitize data collection and service delivery projects.
  • M-KOPA — M-KOPA is the global leader for “pay-as-you-go” energy services for off-grid customers. M-KOPA was established in 2011. Following 2 years of piloting and development, M-KOPA began commercial sales in Kenya in October 2012. M-KOPA expanded to Uganda in 2013 and commences operations in Tanzania in late 2014. Their team includes over 500 staff andwe sell our product through more than 1000 retail agents and shops. The founders of the company are experienced mobile technology innovators who believe in the huge potential of transformative, affordable products designed for underserved consumers. While excellent technology is a pre-requisite, technology alone does not solve for customer needs. Success comes when smart technology is combined with a commitment to on-going, on-the-ground delivery. To that end, M-KOPA is beginning to license its technology to experienced and reputable third parties in markets outside of East Africa (licensing queries should be sent to licensing@m-kopa.com). M-KOPA has developed a proprietary, patented technology platform that combines embedded GSM + mobile payments to revolutionize asset financing in emerging markets. The M-KOPAnet platform has been designed and built from the ground up by our talented team of software engineers, who continue to innovate and improve the system every day. It offers the powerful combination of accounting + customer relationship management + inventory tracking in one complete system. Aside from enabling our business operations to scale at record speed, the M-KOPAnet™ platform captures and processes huge volumes of data, enabling us to improve our proposition, customer service, and security in real-time.
  • Umati Capital — We specialize in online gaming All games are secure, and the payouts are fast. Everyone will find an experience that fits them here. Read More Top Gaming Community Feel The Thrill Games comprise table and card games that are dominant in today's gambling lifestyle and activity. Play in the palm of your hand.A classic that
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Rabobank
VC Fund · Utrecht, Utrecht, The Netherlands · 17 investments in the past 12 months

Rabobank offers all the advantages of global commercialism founded upon cooperative principles: knowledge-driven, customer-focused, and backed by a AAA credit rating. Rabobank focuses on the food, beverage, and agribusiness sectors offering specialized products and services in 46 countries. Their strength stems from a network of prominent industryspecialists, leading researchers and industry analysts who generate a wealth of knowledge for clients.

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Investment focus

  • Renewable Energy, Energy, Agriculture
  • Debt Financing, Seed, Funding Round
  • The Netherlands, United States, India

Portfolio highlights

  • Auramet — Innovation | Ingenuity | Involvement
  • Astrape Networks — Astrape powers the future of datacenters: more bandwidth, less power.
  • Ashtrom Renewable Energy — Ashtrom Renewable Energy offers breakthrough Israeli innovation alongside the robust financial backing and credibility of Ashtrom Group.
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Rio Technology Partners
VC Fund · Dubai, Dubai, United Arab Emirates

Rio Technology Partners is an investment vehicle and strategic advisory firm.

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Investment focus

  • E-Commerce, Shopping, Lifestyle
  • Seed
  • Ghana, United States

Portfolio highlights

  • Soko — SOKO produces innovative, ethical jewelry and accessories from sustainable materials in Nairobi, Kenya
  • Ahonya — Ahonya.com aims to be the Amazon of Ghana and is the leading online shopping site in Ghana allowing users to purchase genuine electronics at low prices. Our mission is to help consumers find and buy high quality electronics online – in less time for the best price. We strive to bring the widest range of quality products to consumers including:laptops, mobile phones, cameras, tablets, PC accessories, projectors and other electronic products
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SKBR
VC Fund

Investment Holding

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Investment focus

  • Health Care, Financial Services, Food and Beverage
  • Pre-Seed, Seed, Funding Round
  • Brazil, United States, Mexico

Portfolio highlights

  • OHCA — OHCA specialize in alcoholic beverages, wines, and cachaca.
  • Zippi — Zippi provides financial services for gig workers in Latin America.
  • Spleet — ProptechSpleet is an online marketplace for affordable residential rentals and rents financing in Africa. For the tenant, we simplify the rental process by providing flexible rental and payment options and eliminate bureaucracy and expediting the search process. For the landlords, we make renting quicker, safer and better by providing accurateinformation on the tenant and ensuring rental payments are made as and when due.
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Whole Planet Foundation
VC Fund · Austin, Texas, United States · 1 investment in the past 12 months

Whole Planet Foundation is a private nonprofit organization established by Whole Foods Market and dedicated to poverty alleviation.

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Investment focus

  • Energy, Power Grid, Agriculture
  • Debt Financing
  • Ghana, Congo, Democratic Republic of

Portfolio highlights

  • Farmerline — The Farmerline vision is to see an Africa where Agriculture NGO’s are not a functioning force in the market. Farmerline provides paid services that allow farmers to have the information and access they need to employ an entrepreneurial method of farming. Input dealers and traders pay for more efficient communication channels to farmers andfarmers pay for information packages and services. In this vision, more food is produce, more food gets to market, and GDP from cash crop export soars.
  • Altech Group — Altech Group aims at expanding access to clean, renewable, and affordable energy both for poor-grid and off-grid households.
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Ajim Capital
VC Fund · Austin, Texas, United States · 2 investments in the past 12 months

We are investing in the next generation of exceptional African founders.

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Portfolio highlights

  • Buupass — BuuPass is Kenya's market leader for online bus booking. We enable travelers to reserve seats and make payments in a convenient and timely way. Try BuuPass today!
  • 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.
  • Raenest — Access Virtual Accounts, Invoicing, Multi-Currency Payouts, Auto Payroll, Accounting Integrations, and Virtual & Physical cards within minutes.
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Artha Group
VC Fund · Mumbai, Maharashtra, India · 9 investments in the past 12 months

Artha India Ventures' league of member Angel Investors mentor and invest in nascent ventures with business ideas that create value by participating in the entrepreneurial process. AIV have invested in more than 47 start-ups and has diversified portfolio ranging from last minute hotel bookings (HotelsAroundYou.com), to classes aggregators(FindUrClass.com), cosmetic ecommerce (Purplle.com) and at home salon services (The Home Salon). From microfinance credit rating platforms (Inventure) to online interview platforms (Talview), electronic repair & insurance companies (PickMeIndia.com), Cloud Telephone (Exotel.com) and Cab Aggregators (BookMyCab.com) the portfolio has it all.

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Investment focus

  • Information Technology, Internet, E-Commerce
  • Seed, Angel, Funding Round
  • India, United States, Kenya

Portfolio highlights

  • Buupass — BuuPass is Kenya's market leader for online bus booking. We enable travelers to reserve seats and make payments in a convenient and timely way. Try BuuPass today!
  • GetWork — GetWork is India's leading fresher hiring platform that connects job seekers with top employers. Find your dream job today with GetWork. Sign up now!
  • KarmaLifeAI — KarmaLifeAI is an AI-powered digital solution for the financial well being of blue-collar gig workers and micro-business. The company allows the user to pay directly for key expenditures and smoothen their consumption patterns. It offers real-time access to credit for gig workers, based on their payroll account, through partnerships with thedigital platforms they work for. It operates an interest-free subscription model in which the platform or the gig worker can pay a flat fee and access credit equalling up to one-third of their monthly income. The company analyzes alternative data points and payment behavior over time to unlock higher credit lines for the workers.
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FrontEnd Ventures
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investment in the past 12 months

FrontEnd Ventures is a venture capital fund committed to supporting local and diverse founder teams that are ridiculously passionate about innovating and changing their value chains.

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Investment focus

  • Travel, Reservations, Public Transportation
  • Pre-Seed
  • Kenya

Portfolio highlights

  • Buupass — BuuPass is Kenya's market leader for online bus booking. We enable travelers to reserve seats and make payments in a convenient and timely way. Try BuuPass today!
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