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Top 10 Enterprise VC Funds & Investors in Tanzania (October 2023)

The most active venture capital funds investing in Tanzania Enterprise startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Tanzania Enterprise startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Raba Partnership
VC Fund
2 South Africa, United States, Egypt Seed, Series A, Pre-Seed Financial Services, FinTech, Finance $1M–$40M
NEC Capital Solutions
VC Fund
2 Japan, United States, Tanzania Series B, Series A Manufacturing, Information Technology, Internet $5.1M–$536M
Development Bank of Japan
VC Fund
2 Japan, Tanzania, Singapore Series A, Series D Manufacturing, Robotics, Health Care $7.7M–$1.2B
J-POWER
VC Fund
2 Japan, Tanzania Series A, Corporate Round, Seed Renewable Energy, Water, Biotechnology $7.7M–$60M
Musha Ventures
VC Fund
1 United States, Nigeria, Kenya Seed, Pre-Seed, Series A Financial Services, Software, FinTech $50k–$10M
Flexcap
VC Fund
1
Japan International Cooperation Agency
VC Fund
1 China, Japan, Singapore Debt Financing, Series C, Post-IPO Debt Coffee, Energy, Farming $176M–$1.1B
Planet N Group of Companies
VC Fund
1 Pakistan, Oman, Egypt Seed, Pre-Seed, Series A Artificial Intelligence, Information Technology, Financial Services $850k–$5M
SMBC Venture Capital
VC Fund
1 Japan, United States, Mexico Series A, Series B Health Care, Information Technology, Software $18M–$357M
NEC Corporation
VC Fund
1 United States, Japan, Israel Series B, Series A Software, Manufacturing, Information Technology $7.7M–$536M
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Investor list

Raba Partnership
VC Fund · Cape Town, NA - South Africa, South Africa · 2 investments in Tanzania Enterprise startups

The Raba Partnership, Raba Capital, Raba

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Seed, Series A, Pre-Seed
  • Geography: South Africa, United States, Egypt

Investor stats

  • Total investments: 37
  • Round size: Seed $1.3M–$8.3M; Pre-Seed $1M–$6.5M; Series A $9.2M–$40M
  • Lead/follow: 16% lead, 84% follow
  • Last fund: Likely still investing — raised $60M in 2021

Portfolio highlights

  • Cloudline — Cloudline leverages lighter-than-air technology and the latest developments in unmanned aerial vehicles to deliver essential goods and services to the 1 billion people without direct access to roads and runways.
  • Revivo — Revivo is an online marketplace for electronics spare parts, tools & accessories.
  • Stitch — One API integration for all online payments across South Africa. Accept Instant EFT, debit + credit card, cash, direct deposit and debits. Manage + reconcile digital payments and send payouts.
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NEC Capital Solutions
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Tanzania Enterprise startups

NEC Capital Solutions Limited provides financial services in Japan. It's Main Business is Leasing for Information and Communication Equipment, Office Equipment, Industrial Equipment and Installment Sales, Business Loans, Factoring Services, Business Outsourcing and Sales of Used Equipment.

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Investment focus

  • Industry: Manufacturing, Information Technology, Internet
  • Stage:Series B, Series A
  • Geography: Japan, United States, Tanzania

Investor stats

  • Total investments: 52
  • Round size: Series A $5.1M–$137M; Series B $6.9M–$536M
  • Lead/follow: 10% lead, 90% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • GITAI — GITAI is a robotics startup for space development. The company aims to replace astronauts with robots that can work for a long time while being remotely controlled from earth while in low earth orbit space stations to decrease the burden on astronauts, shorten the time it takes to perform work in space, and reduce costs.
  • A*QUANTUM — A*QUANTUM is an quantum computer software.
  • Smart Shopping — Smartmat is an eco-friendly IoT purchase system for on-demand, no-hassle grocery with cost-effective shipping.
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Development Bank of Japan
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Tanzania Enterprise startups

Development Bank of Japan is an integrated investment and loan service provider to domestic and international clients. It was founded in 1951 and is headquartered in Tokyo, Japan.

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Investment focus

  • Industry: Manufacturing, Robotics, Health Care
  • Stage:Series A, Series D
  • Geography: Japan, Tanzania, Singapore

Investor stats

  • Total investments: 27
  • Round size: Series A $7.7M–$90M; Series D $20M–$1.2B
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • ADDX — Private market Investment with lower minimums. ADDX gives investors access to private equity, hedge fund, real estate & other alternative investment choices.
  • Astroscale — Astroscale is the first private company with a vision to secure the safe and sustainable development of space for the benefit of future generations, and the only company solely dedicated to on-orbit servicing across all orbits.
  • TeraWatt Technology — Electrifying all for the sustainable future
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J-POWER
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Tanzania Enterprise startups

J-POWER Group believes that energy production and the environment can coexist in harmony. In light of this corporate philosophy, our environmental management aims to promote greater environmental responsibility while enhancing the economic value of our operations in order to further contribute to the development of a sustainable society. TheJ-POWER Group Environmental Management Vision is made up of a Basic Policy and an Environmental Action Program that defines specific tasks and goals and the means to achieve them. The Environmental Action Program brings together Corporate Targets, which define midterm targets for environmental initiatives, and Environmental Action Guidelines, which orient the initiatives to be implemented each fiscal year. J-POWER Group is working as a whole to realize environmental management in accordance with these targets and guidelines.

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Investment focus

  • Industry: Renewable Energy, Water, Biotechnology
  • Stage:Series A, Corporate Round, Seed
  • Geography: Japan, Tanzania

Investor stats

  • Total investments: 11
  • Round size: Series A $7.7M–$60M; Corporate Round $31M–$55M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • GITAI — GITAI is a robotics startup for space development. The company aims to replace astronauts with robots that can work for a long time while being remotely controlled from earth while in low earth orbit space stations to decrease the burden on astronauts, shorten the time it takes to perform work in space, and reduce costs.
  • WOTA — Human history is the history of our relationship with water. Water gave rise to our civilizations. Water has nourished people's livelihoods. This means that humans need water supplies, such as rivers and lakes, to survive. At WOTA, we desire to remove every limitation we have in relation to water. By integrating small water systems into the“big water infrastructure” of the past, we can achieve a more creative and sustainable way of life. That is our belief. In cities and deserts, remote islands, and outer space. We imagine a future where water is freely available to all people. Our work will always continue.
  • Kyoto Fusioneering — Kyoto Fusioneering is a research & development, design, and manufacture of parts related to fusion reactors.
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Musha Ventures
VC Fund · New York, New York, United States · 1 investments in Tanzania Enterprise startups

Seed capital for technology startups globally.

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Investment focus

  • Industry: Financial Services, Software, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Nigeria, Kenya

Investor stats

  • Total investments: 131
  • Round size: Seed $120k–$3M; Pre-Seed $50k–$3.8M; Series A $2.5M–$10M
  • Lead/follow: 2% lead, 98% follow

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.
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Flexcap
VC Fund · 1 investments in Tanzania Enterprise startups

Flexcap is a financial platform that disrupts traditional capital markets.

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Investor stats

  • Total investments: 3
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Ramani — Ramani is an application for salespeople to track their inventory, register their customers and record their sales transactions.
  • Synthpop — Use AI to improve speed and accuracy, without compromising security. Synthpop supports patient-centered care with fine-tuned GPT language models, enhancing and streamlining your clinical workflows.
  • Kindo — Kindo elevates the workforce by providing the only truly open AI platform for all businesses.
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Japan International Cooperation Agency
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Tanzania Enterprise startups

The Japan International Cooperation Agency (JICA) is advancing its activities around the pillars of a field-oriented approach, human security, and enhanced effectiveness, efficiency and speed.

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Investment focus

  • Industry: Coffee, Energy, Farming
  • Stage:Debt Financing, Series C, Post-IPO Debt
  • Geography: China, Japan, Singapore

Investor stats

  • Total investments: 5
  • Round size: Debt Financing $176M–$1.1B
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • 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.
  • OLAM International — Explore the food ingredients and agricultural commodities Olam offers customers around the world through our global footprint and team of experts.
  • Olam — Olam SVI is a food & beverages company that provides onion, garlic, spices, herbs, tomatoes, and capsicums.
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Planet N Group of Companies
VC Fund · London, England, United Kingdom · 1 investments in Tanzania Enterprise startups

Planet N Group is a growth markets oriented high-tech investment firm focused on the Greater Middle East and Asia. Planet N’s portfolio spans financial inclusion, fintech, data science & AI, e-media, e-health, blockchain, edutech and e-commerce across Egypt, Pakistan, the UAE, Singapore and the UK

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Investment focus

  • Industry: Artificial Intelligence, Information Technology, Financial Services
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Pakistan, Oman, Egypt

Investor stats

  • Total investments: 25
  • Round size: Seed $850k–$5M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • MContent — myco powered by MContent is a web3 video streaming, funding, production, and distribution platform where viewers earn from watching content and creators earn from creating content.
  • WoW Health Solutions — WoW Health Pakistan Provides Best Healthcare Solutions In Pakistan. Connect With Doctor via Phone Call Or Call Doctor At Home Anytime.
  • Prosper Technologies — Cloud platform for financial data
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SMBC Venture Capital
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Tanzania Enterprise startups, 6 in the past 12 months

Sumitomo Mitsui Banking Corporation (SMBC) and its group companies offer a broad range of financial services centered on banking. They are also engaged in the leasing, securities, credit card, investment, mortgage securitization, venture capital and other credit related businesses. The following lists the activities of SMBC, its subsidiaries andaffiliates in the various business segments.

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Investment focus

  • Industry: Health Care, Information Technology, Software
  • Stage:Series A, Series B
  • Geography: Japan, United States, Mexico

Investor stats

  • Total investments: 309
  • Round size: Series A $18M–$165M; Series B $21M–$357M
  • Lead/follow: 3% lead, 97% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Heartseed — Heartseed has set a mission to “open the door to heart disease treatment with regenerative medicine” and is working toward the day-to-day clinical application of myocardial regenerative medicine.
  • Luup — Luup is an Internet Company.
  • Kyoto Fusioneering — Kyoto Fusioneering is a research & development, design, and manufacture of parts related to fusion reactors.
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NEC Corporation
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Tanzania Enterprise startups

NEC Group under the Solution for Society principle delivers safety, security, fairness and efficiency to our society with our partners around the globe.

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Investment focus

  • Industry: Software, Manufacturing, Information Technology
  • Stage:Series B, Series A
  • Geography: United States, Japan, Israel

Investor stats

  • Total investments: 26
  • Round size: Series A $7.7M–$50M; Series B $10M–$536M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • Flyhound — Flyhound is a public safety solution to help find people fast. We enable public safety agencies using commercial drones to locate and identify mobile phones on the ground to assist in rescue efforts, locate missing persons, evacuate disaster victims, find criminal suspects, and more.
  • BostonGene — BostonGene Corporation is pioneering the use of biomedical software for advanced patient analysis and personalized therapy decision making in the fight against cancer. BostonGene’s unique solution performs sophisticated analytics to aid clinicians in their evaluation of viable treatment options for each patient's individual genetics, tumor andtumor microenvironment, clinical characteristics and disease profile. BostonGene’s mission is to enable physicians to provide every patient with the highest probability of survival through optimal cancer treatments using advanced, personalized therapies
  • Rapidus — Rapidus is an Electronic component research, development, design, production, and sales that includes semiconductor elements and integrated circuits. Environmentally friendly, energy-saving semiconductors and semiconductor manufacturing technology are being researched and developed. Human resource development and training for the semiconductorsector.
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