# Top 50 Food and Beverage Startup Investors in Africa in October 2023 ## 1776 Ventures - Type: VC Fund - Location: Washington, District of Columbia, United States - Relevant deals: 4 - Stages: Seed, Series A, Convertible Note - Focus: Education, EdTech, Software 1776 Ventures is a global seed fund investing in companies in the following sectors: education, energy, smart cities, transportation, food/agriculture, fintech, and healthcare. ## Sustainable Food Ventures - Type: VC Fund - Location: Raleigh, North Carolina, United States - Relevant deals: 3 - Stages: Pre-Seed, Seed, Angel - Focus: Food and Beverage, Biotechnology, Food Processing SFV backs globally early-stage founders building leading Future of Food companies that are: #Cell-based #Plant-based #Recombinant ## Musha Ventures - Type: VC Fund - Location: New York, New York, United States - Relevant deals: 3 - Stages: Seed, Pre-Seed, Series A - Focus: Financial Services, Software, FinTech Seed capital for technology startups globally. ## Cult Food Science - Type: VC Fund - Relevant deals: 3 - Stages: Seed, Pre-Seed - Focus: Food and Beverage, Biotechnology, Food Processing CULT Food Science is an investment company focused on supporting and advancing the technology behind the future of food. ## Launch Africa - Type: VC Fund - Location: Ebène, Plaines Wilhems, Mauritius - Relevant deals: 3 - Stages: Seed, Pre-Seed - Focus: Financial Services, FinTech, Information Technology Launch Africa is a leading Pan-African VC fund solving the significant funding gap in the Seed and pre-Series A investment landscape in Africa. ## Kube VC - Type: VC Fund - Relevant deals: 3 - Stages: Seed, Series A, Pre-Seed - Focus: FinTech, Financial Services, Software Kube VC is a global venture capital firm that invests in exceptional founders and category-defining companies. ## Creadev - Type: VC Fund - Location: Paris, Ile-de-France, France - Relevant deals: 2 - Stages: Series B, Series C - Focus: Health Care, Food and Beverage, Agriculture Creadev is an evergreen investment company believe that shareholders' timing should match with the entrepreneur's vision, up to an unlimited amount of time. Creadev invest in and support companies able to scale-up and become worldwide best players in their sector. ## Hustle Fund - Type: VC Fund - Location: San Carlos, California, United States - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series A - Focus: Software, FinTech, Financial Services Hustle Fund is a seed fund that seeks to invest in early-stage startups operating in software, business to business, fintech, and digital health sectors. ## Tayo Oviosu - Type: Angel - Location: Lagos, Lagos, Nigeria - Relevant deals: 2 - Stages: Seed, Angel, Pre-Seed - Focus: Financial Services, Artificial Intelligence, Information Technology 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. ## VestedWorld - Type: VC Fund - Location: Chicago, Illinois, United States - Relevant deals: 2 - Stages: Seed, Series A, Series B - Focus: Agriculture, E-Commerce, Financial Services VestedWorld is an early-stage venture capital firm that invests in emerging markets companies that have the potential to generate competitive financial returns while contributing towards the growth and development of the markets in which they are located. The firm supports these businesses through the infusion of capital, active involvement incorporate governance, and by providing direct strategic and operational assistance. ## Acumen - Type: VC Fund - Location: New York, New York, United States - Relevant deals: 2 - Stages: Seed, Series A - Focus: Financial Services, Health Care, Agriculture 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. ## Maroc Numeric Fund - Type: VC Fund - Location: Casablanca, Grand Casablanca, Morocco - Relevant deals: 2 - Stages: Series A, Seed, Pre-Seed - Focus: Online Portals, Enterprise Software, FinTech Maroc Numeric Fund is a tech VC fund investing in Morocco. ## Kale United - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Food and Beverage, Food Processing, Biotechnology Kale United offers a portfolio of over 75+ plant-based game changers ## European Bank for Reconstruction and Development - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 2 - Stages: Debt Financing, Series A, Series B - Focus: Financial Services, Banking, Finance The European Bank for Reconstruction and Development (EBRD) invests in changing lives. Through our financial investments, business services and work on policy reform, we're doing more than ever before to build open, market economies across 3 continents. ## Hack VC - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Cryptocurrency, Blockchain Hack VC is an early-stage venture capital firm that invests in the cryptocurrency, fintech, and marketplaces sectors. The company was founded in 2017 and is headquartered in San Francisco, California, United States. ## Novastar Ventures - Type: VC Fund - Location: Nairobi, Nairobi Area, Kenya - Relevant deals: 2 - Stages: Series A, Series B - Focus: Agriculture, Internet, Clean Energy For the many, not just the few. For good. ## DOB Equity - Type: VC Fund - Location: Veessen, Gelderland, The Netherlands - Relevant deals: 2 - Stages: Private Equity, Seed - Focus: Food and Beverage, Farming, Health Care DOB Equity is a private equity firm specializing in growth capital and buy-and-build strategies in small and medium companies. ## Cox Enterprises - Type: VC Fund - Location: Atlanta, Georgia, United States - Relevant deals: 2 - Stages: Seed, Series A, Series C - Focus: Software, Information Technology, Health Care Empower to build. The story of Cox Enterprises is one of hard work, respect for employees, entrepreneurship and making bold decisions. ## Accion Venture Lab - Type: VC Fund - Location: Washington, District of Columbia, United States - Relevant deals: 2 - Stages: Seed, Series A - Focus: Financial Services, FinTech, Finance Accion Venture Lab is an investment initiative that provides startups with seed capital and support. ## UM6P Ventures - Type: VC Fund - Location: Benguerir, Marrakech-Tensift-Al Haouz, Morocco - Relevant deals: 2 - Stages: Pre-Seed, Seed - Focus: Food Processing, Apps, Agriculture UM6P Ventures is a venture capital investment firm that invests in Science & Innovation. ## Wamda Capital - Type: VC Fund - Location: Dubai, Dubai, United Arab Emirates - Relevant deals: 2 - Stages: Seed, Series A, Series B - Focus: E-Commerce, Internet, Financial Services Wamda Capital is the MENA region's leading venture capital firm investing in exceptional entrepreneurs building the region's most promising high growth technology businesses. We invest both at the growth and seed stages with the aim of taking portfolio companies through successive rounds of financing through to exit. ## Standard Chartered Bank - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 2 - Stages: Debt Financing, Post-IPO Debt - Focus: Financial Services, FinTech, Internet Standard Chartered Bank offers personal and business banking services. Their solutions for companies include transaction banking and financial markets solutions. They also offer current accounts, savings accounts, credit cards, loans, and mortgage services. ## Chandaria Capital - Type: VC Fund - Location: Nairobi, Nairobi Area, Kenya - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: E-Commerce, FinTech, Software Chandaria Capital operates as a venture capital Fund. We believe that innovative ideas will transform Africa. We invest, mentor, and work together with incredible entrepreneurs to create impactful companies that can change the continent. ## Kinnevik - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 1 - Stages: Series B, Series C - Focus: E-Commerce, Health Care, Financial Services Kinnevik is an industry-focused investment company with an entrepreneurial spirit. Its purpose is to build digital consumer businesses that provide more and better choices. The company does this by working in partnership with talented founders and management teams to create, invest in, and lead fast-growing businesses in developed and emergingmarkets.Kinnevik believes in delivering both shareholder and social value by building well-governed companies that contribute positively to society. Kinnevik was founded in 1936 by the Stenbeck, Klingspor, and von Horn families. Kinnevik's shares are listed on Nasdaq Stockholm's list for large-cap companies under the ticker codes KINV A and KINV B. ## Seedstars Africa Ventures - Type: VC Fund - Relevant deals: 1 - Stages: Seed, Series A - Focus: Energy, FinTech, Software Seedstars Africa Ventures is an early-stage venture capital fund investing in high-growth companies active across Sub-Saharan Africa. ## VentureSouq - Type: VC Fund - Location: Dubai, Dubai, United Arab Emirates - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: FinTech, Financial Services, Software VentureSouq operates a large co-investment platform with a global investment portfolio. ## John Obaro - Type: Angel - Relevant deals: 1 - Stages: Seed - Focus: E-Commerce, Marketplace, Food and Beverage John Obaro is a distinguished alumnus of both Ahmadu Bello University, University of Lagos, and the Chief Executive Program (CEP3) of Lagos Business School. He has served at various times on the Boards of the Ministerial Advisory Council on Information and Communication Technology, Institute of Software Practitioners of Nigeria, ComputerProfessionals Registration Council of Nigeria (CPN), Governing Council of the National ICT Incubation Program (iDea), and many more.He is a fellow of the Center for African Policy Development and Research, Glasgow, Scotland; a Fellow of Nigeria Computer Society (NCS); an ex-member of the Governing Council of Computers Professionals (Registration Council) of Nigeria (CPN) – the highest industry practice regulatory body; and immediate past 1st Vice President of the Institute of Software Practitioners of Nigeria (ISPON). John Obaro was recently recognised with the honour of Leadership in Technology at the 2016 African Achievement Awards in Scotland and also recognised as the ICT Software Personality of the Year 2016 at the Beacon of ICT (BoICT) Award, in addition to other numerous indigenous and international awards he has received over the years.John Obaro’s successful entrepreneurial adventure in software development architecture has attracted and continues to attract attention from both local and international quarters. The prestigious Lagos Business School (LBS) of the Pan-Atlantic University has written two case studies on SystemSpecs while many newspapers, magazines and journals have also featured him at one time or the other. ## Omidyar Network - Type: VC Fund - Location: Redwood City, California, United States - Relevant deals: 1 - Stages: Series A, Seed, Series B - Focus: Financial Services, FinTech, Education Pierre Omidyar, the founder of eBay, and his wife, Pam, established Omidyar Network based on the belief that every person has the potential to make a difference. Since 2004, they have worked with their partners to create opportunities for people to tap that potential, enabling them to improve their lives and make powerful contributions to theircommunities.They support, scale, and champion the work of their partners in order to maximize social impact. As a philanthropic investment firm, they make both investments and grants, identifying like-minded organizations that they support, help scale, and collaborate with to help realize their full potential. Their efforts are organized around two investment initiatives Access to Capital, and Media, Markets and Transparency. ## Blue Haven Initiative - Type: VC Fund - Location: Cambridge, Massachusetts, United States - Relevant deals: 1 - Stages: Series A, Series B, Seed - Focus: Solar, Energy, Financial Services Blue Haven Initiative is an innovative family office dedicated to putting wealth to work for market returns and positive social and environmental change. ## GFR Fund - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 1 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Video Games, Information Technology GFR Fund is a San Francisco-based venture capital fund that invests in early-stage startups that are disrupting the consumer entertainment industry. GFR Fund is managed by GREE VR Capital, an affiliate of GREE Inc., a global leader in the mobile gaming industry.With over a decade of experience driving innovators in multi-platform entertainment,we see emerging technologies such as VR, AR, AI, Video Streaming and Blockchain as powerful tools that will propel the entertainment industry into a new generation of consumable content. We are looking for talented entrepreneurs who share our passion and values to help realize their vision and expand their businesses globally. ## Michael Chow - Type: Angel - Location: New York, New York, United States - Relevant deals: 1 - Stages: Seed, Grant, Pre-Seed - Focus: Financial Services, FinTech, Rental Property Michael Chow is the Founder and CEO of Dart Technologies. ## Acumen Resilient Agriculture Fund - Type: VC Fund - Location: Nairobi, Nairobi Area, Kenya - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Agriculture, Farming, Social Entrepreneurship Acumen Resilient Agriculture Fund is an equity fund designed to build the climate resilience of smallholder farmers. ## Investisseurs & Partenaires - Type: VC Fund - Location: Paris, Ile-de-France, France - Relevant deals: 1 - Stages: Seed, Series A - Focus: Financial Services, Health Care, Food and Beverage Investisseurs et Partenaires ## Ampifi VC - Type: VC Fund - Relevant deals: 1 - Stages: Seed - Focus: Payments, Software, Ride Sharing Amplifi was formed by a group of early crypto adopters turned private investors. We have a strong belief in the long-term survival of blockchain ecosystem, which is set to disrupt the world as we know it. ## Liquid 2 Ventures - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 1 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Information Technology, FinTech Liquid2 Ventures provides technology startups with seed-stage investments and is based in San Francisco, California. The firm was founded in 2015 by Joe Montana, Mike Miller, and Michael Ma. ## Global Founders Capital - Type: VC Fund - Location: Berlin, Berlin, Germany - Relevant deals: 1 - Stages: Seed, Series A, Pre-Seed - Focus: Financial Services, Software, FinTech Over the past two decades, GFC have backed over five hundred entrepreneurs worldwide, e.g. Facebook, LinkedIn, Slack, and Away Travel. ## Livelihood Impact Fund - Type: VC Fund - Relevant deals: 1 - Stages: Seed - Focus: Farming, Agriculture, Farmers Market Livelihood Impact Fund work to strengthen people's capacity to sustain themselves and their families by giving them access to opportunities, resources, and skills. ## AfricInvest - Type: VC Fund - Location: Tunis, Tunis, Tunisia - Relevant deals: 1 - Stages: Private Equity, Series A - Focus: Manufacturing, Financial Services, FinTech AfricInvest was founded in 1994 and is part of Integra Group, an investment and financial services company based in Tunisia.Uniquely positioned as one of the most experienced private equity investors on the continent, AfricInvest has dedicated investment teams focused on North Africa and Sub-Saharan Africa, and employs 66 professionals based inseven offices.AfricInvest manages USD1 billion across 16 funds and benefits from strong, long-term support from both local and international investors, including leading development finance institutions in the United States and Europe.Having co-founded the African Venture Capital Association (AVCA) as well as the Middle East North Africa Private Equity Association (MENAPEA) and the Euromed Capital Forum, the firm is an active promotor of the private equity industry in the region.Since 1994, AfricInvest has invested in 135 companies across 25 African countries in a variety of high growth sectors and maintains a broad network of high quality executives across Africa, offering extensive expertise in key growth industries, including financial services, agribusiness, consumer/retail, education and healthcare. ## Plug & Play - Type: VC Fund - Location: Munich, Bayern, Germany - Relevant deals: 1 - Stages: Seed We connect the largest corporations to the world's best startups through industry-focused accelerator programs in Silicon Valley and beyond. ## AU21 Capital - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 1 - Stages: Seed, Initial Coin Offering - Focus: Blockchain, Cryptocurrency, Financial Services A fund dedicated to backing the most brilliant minds in the blockchain space ## Afri Mobility - Type: VC Fund - Relevant deals: 1 - Stages: Seed, Convertible Note - Focus: B2B, Apps, Retail Afri Mobility is the venture capital arm of AKWA Group. ## U.S. International Development Finance Corp - Type: VC Fund - Location: Washington, District of Columbia, United States - Relevant deals: 1 - Stages: Debt Financing, Post-IPO Debt - Focus: Financial Services, Finance, FinTech U.S. International Development Finance Corporation (DFC) is America’s development bank. DFC partners with the private sector to finance solutions to the most critical challenges facing the developing world today. We invest in projects that create jobs in emerging markets in sectors including energy, healthcare, critical infrastructure,telecommunications, and financing for small businesses and women entrepreneurs. DFC investments adhere to high standards and respect the environment, human rights, and worker rights. ## Aruwa Capital - Type: VC Fund - Location: Lagos, Lagos, Nigeria - Relevant deals: 1 - Stages: Seed, Series A - Focus: FinTech, Big Data, Financial Services Aruwa Capital Management is a Lagos-based, female-founded and led growth equity impact fund. ## AlphaCode Club - Type: VC Fund - Location: Gauteng, NA - South Africa, South Africa - Relevant deals: 1 - Stages: Grant, Debt Financing - Focus: Financial Services, FinTech, Automotive AlphaCode is a club for next generation financial services entrepreneurs. They are building a world-class financial services eco-system that brings together entrepreneurs, intrapreneurs, industry experts, thought leaders and partner organisations. By connecting, sharing knowledge and developing unique insights, AlphaCode aims to transform thefinancial services industry. ## Cordaid Investment Management - Type: VC Fund - Location: The Hague, Zuid-Holland, The Netherlands - Relevant deals: 1 - Stages: Debt Financing - Focus: Manufacturing, Consumer Goods, Food Processing We are one of the few social impact investors committed to deploying capital to the most underserved markets in the world. ## Flourish Ventures - Type: VC Fund - Location: Redwood City, California, United States - Relevant deals: 1 - Stages: Series A, Series B, Seed - Focus: FinTech, Financial Services, Finance We are an early-stage global venture capital firm investing in fintech founders. ## Oxfam’s Enterprise Development Programme - Type: VC Fund - Location: Oxford, Oxfordshire, United Kingdom - Relevant deals: 1 - Stages: Grant, Series A - Focus: Retail, Blockchain, E-Commerce Oxfam’s Enterprise Development Programme (EDP) is an innovative model that provides support to entrepreneurs in some of the world’s poorest countries to help them create and build viable, sustainable businesses. The resulting jobs and associated opportunities provide benefits for both the employees and the wider communities around them, liftingsome of the world’s poorest families out of poverty. ## Naspers - Type: VC Fund - Location: Cape Town, NA - South Africa, South Africa - Relevant deals: 1 - Stages: Series B, Series A, Private Equity - Focus: E-Commerce, Internet, Retail Naspers is a global internet group that empowers people and enrich communities. Naspers companies operate and invest in countries and markets across the world with long-term growth potential. The company believes in the power of local backed by global scale and they look for opportunities to address big societal needs in markets where they see thegreatest growth potential. The company was founded on May 12, 1915, and is based in Cape Town, South Africa. ## Twynam Agricultural Group - Type: VC Fund - Location: Sydney, New South Wales, Australia - Relevant deals: 1 - Stages: Series A, Seed - Focus: Agriculture, Food Processing, Seafood Twynam Group is a leading Australian Funds Manager investing in early-stage climate tech. We also operate an agricultural and property portfolio. ## Khulisani Ventures - Type: VC Fund - Location: Johannesburg, NA - South Africa, South Africa - Relevant deals: 1 - Focus: Farming, Livestock, Farmers Market Khulisani Ventures is Mineworkers Investment Company’s early-stage investment vehicle, providing capital for businesses that are ready to aggressively expand and increase their market footprint. # About Shizune Shizune.co is an investor database. Core features: - 48,091 startup investors (angels, VCs, accelerators, and others) - Email, phone, LinkedIn (for intros), socials, and other contact data - Updated daily from public funding news - CSV and Excel export The User can access the full database FOR FREE after signing up: shizune.co