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Top 50 Health Care Startup Investors in Africa (October 2023)

The most active venture capital funds and angel investors investing in Africa Health Care startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Africa Health Care startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Launch Africa
VC Fund
9 Nigeria, South Africa, Kenya Seed, Pre-Seed Financial Services, FinTech, Information Technology $200k–$3M
Kepple Africa Ventures
VC Fund
7 Nigeria, Kenya, Egypt Seed, Pre-Seed Financial Services, FinTech, Software $100k–$4.5M
LoftyInc Capital Management
VC Fund
6 United States, Nigeria, Egypt Seed, Pre-Seed, Series A FinTech, Financial Services, Software $100k–$15M
Golden Palm Investments
VC Fund
6 Nigeria, Egypt, Kenya Seed, Pre-Seed, Series A Information Technology, FinTech, Health Care $30k–$15M
Tencent
VC Fund
6 China, United States, United Kingdom Series B, Series A, Series C Software, Financial Services, E-Commerce $3.5M–$385M
Ventures Platform
VC Fund
5 Nigeria, United States, Kenya Seed, Pre-Seed Financial Services, FinTech, Internet $50k–$4.4M
Musha Ventures
VC Fund
4 United States, Nigeria, Kenya Seed, Pre-Seed, Series A Financial Services, Software, FinTech $50k–$10M
Consonance Investment Managers
VC Fund
4 Nigeria, United States, Kenya Seed, Series A, Pre-Seed Software, Information Technology, FinTech $50k–$2.5M
Picus Capital
VC Fund
4 Germany, United States, United Kingdom Seed, Series A, Pre-Seed Financial Services, FinTech, Software $500k–$33M
Newtown Partners
VC Fund
4 South Africa, Kenya, Nigeria Seed, Series A Logistics, Health Care, Information Technology $600k–$7M
Flying Doctors Nigeria
VC Fund
4 Nigeria Seed, Pre-Seed, Series A Health Care, Retail, Medical
Breyer Capital
VC Fund
4 United States, United Kingdom, Kenya Series A, Series B, Seed Health Care, Software, Financial Services $2.4M–$75M
AAIC Investment
VC Fund
4 Egypt, Kenya, Nigeria Series A, Seed, Series B Health Care, Medical, E-Commerce $450k–$4.4M
Blockchain Founders Fund
VC Fund
4 United States, United Kingdom, Canada Seed, Pre-Seed Blockchain, Cryptocurrency, Financial Services $15k–$6M
K50 Ventures
VC Fund
3 United States, Colombia, Brazil Seed, Pre-Seed, Series A Health Care, Financial Services, Software $300k–$30M
HAVAÍC
VC Fund
3 South Africa, United States, Kenya Seed, Pre-Seed Health Care, Financial Services, Software $54k–$4M
APL group
VC Fund
3 Ghana, Nigeria, United States Series A, Seed, Series C Health Care, FinTech, Logistics $18M–$18M
U.S. International Development Finance Corp
VC Fund
3 India, United States, Kenya Debt Financing, Post-IPO Debt Financial Services, Finance, FinTech $8.8M–$765M
Five35 Ventures
VC Fund
3 South Africa, Kenya, Nigeria Seed, Pre-Seed Information Technology, Health Care, Wellness $1M–$1.6M
DOB Equity
VC Fund
3 Kenya, Rwanda, Tanzania Private Equity, Seed Food and Beverage, Farming, Health Care $1M–$4M
MaC Venture Capital
VC Fund
3 United States, Kenya, Nigeria Seed, Series A, Pre-Seed Software, Information Technology, Health Care $235k–$50M
M3
VC Fund
3 Japan, Nigeria, Ghana Corporate Round, Series B Health Care, Biotechnology, Nursing and Residential Care $12M–$137M
TRB Advisors
VC Fund
3 United States, Ghana, Nigeria Series A, Series C, Private Equity Health Care, Brewing, Finance $18M–$18M
Sunu Capital
VC Fund
3 Nigeria, Kenya, United States Series A, Seed, Series B Health Care, B2B, Apps $3.6M–$18M
4DX Ventures
VC Fund
3 Egypt, United States, Kenya Seed, Series A, Pre-Seed FinTech, Information Technology, Financial Services $40k–$20M
VestedWorld
VC Fund
3 Nigeria, Kenya, Ghana Seed, Series A, Series B Agriculture, E-Commerce, Financial Services $1.6M–$4.4M
Future Africa
VC Fund
3 Nigeria, United States, Kenya Seed, Pre-Seed, Series A Financial Services, FinTech, Information Technology $40k–$20M
Health54
VC Fund
3 Nigeria, Kenya Seed Health Care, Pharmaceutical, Retail $3M–$3M
Microtraction
VC Fund
3 Nigeria, United States, Canada Pre-Seed, Seed, Angel Financial Services, FinTech, Software $25k–$1.2M
VentureSouq
VC Fund
3 United States, United Arab Emirates, Saudi Arabia Seed, Series A, Series B FinTech, Financial Services, Software $250k–$50M
Novastar Ventures
VC Fund
2 Kenya, Nigeria, United States Series A, Series B Agriculture, Internet, Clean Energy $660k–$50M
Flat6Labs Tunisia
VC Fund
2 Tunisia Pre-Seed, Seed E-Commerce, Retail, Education $64k–$200k
Chandaria Capital
VC Fund
2 Kenya, United States, Egypt Seed, Series A, Pre-Seed E-Commerce, FinTech, Software $200k–$37M
Bunmi Akinyemiju
Angel
2 Nigeria, United Arab Emirates Seed, Angel, Pre-Seed Financial Services, FinTech, Payments
Social Capital
VC Fund
2 United States, Canada, India Seed, Series A, Series B Software, FinTech, SaaS $1M–$35M
Unseen Capital
VC Fund
2 United States, Nigeria Seed, Pre-Seed, Series B Health Care, Wellness, Medical
Futuregrowth Asset Management
VC Fund
2 South Africa, France, United States Seed, Series B Software, Financial Services, Medical Device $4M–$5.3M
Gray Matters Capital
VC Fund
2 India, United States, Kenya Seed, Series A Education, Health Care, E-Learning $50k–$6M
The Chrysalis Capital
VC Fund
2 Nigeria, United States Seed, Series A, Pre-Seed Financial Services, FinTech, Bitcoin $2M–$15M
Bose Ventures
VC Fund
2 United States, Denmark, South Africa Series B, Series A Software, Wearables, Artificial Intelligence $1.5M–$80M
Blue Haven Initiative
VC Fund
2 Kenya, United States, Ghana Series A, Series B, Seed Solar, Energy, Financial Services $2M–$22M
Aruwa Capital
VC Fund
2 Nigeria, United States, France Seed, Series A FinTech, Big Data, Financial Services $1.7M–$3M
Johnson & Johnson Foundation
VC Fund
2 Ghana, Zambia, United States Seed, Pre-Seed, Series A Health Care, Fitness, Software
Partech
VC Fund
2 United States, France, Germany Series A, Seed, Series B Software, E-Commerce, Financial Services $1M–$54M
Valiant Capital Partners
VC Fund
2 United States, India, Brazil Series D, Series C, Series A Internet, E-Commerce, Software $10M–$425M
Global Ventures
VC Fund
2 United Arab Emirates, Egypt, United States Series A, Seed, Series B Health Care, FinTech, Financial Services $870k–$60M
CRE Venture Capital
VC Fund
2 South Africa, Nigeria, United States Seed, Series A, Pre-Seed Financial Services, FinTech, Software $250k–$20M
Hustle Fund
VC Fund
2 United States, Singapore, Canada Seed, Pre-Seed, Series A Software, FinTech, Financial Services $77k–$40M
FINCA Ventures
VC Fund
2 Kenya, Mexico, Sweden Seed, Series A, Pre-Seed Financial Services, Education, Agriculture $1.1M–$4.2M
KFW DEG
VC Fund
2 India, Kenya, Nigeria Debt Financing, Grant Financial Services, Finance, Banking $100k–$105M
Access all 50 investors in Africa Health Care startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Launch Africa
VC Fund · Ebène, Plaines Wilhems, Mauritius · 9 investments in Africa Health Care startups, 18 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

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, South Africa, Kenya

Investor stats

  • Total investments: 131
  • Round size: Seed $200k–$3M; Pre-Seed $200k–$1M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely still investing — raised $36M in 2022

Portfolio highlights

  • Lengo — Lengo is an AI based intelligence platform that offers a large database on consumer goods for companies in the FMCG sector.
  • Zanifu — The zanifu platform, allows small retailers in Sub Saharan Africa, to procure inventory from their suppliers & pay later.
  • Fixit45 — Your best ever automobile service experience awaits you.
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Kepple Africa Ventures
VC Fund · Tokyo, Tokyo, Japan · 7 investments in Africa Health Care startups

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

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, Kenya, Egypt

Investor stats

  • Total investments: 74
  • Round size: Seed $500k–$4.5M; Pre-Seed $100k–$3.7M
  • Lead/follow: 23% lead, 77% follow

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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LoftyInc Capital Management
VC Fund · Carmel, California, United States · 6 investments in Africa Health Care startups

LoftyInc Capital Management empowers Afropreneurs to build a prosperous and equitable future in Africa. We deliver value to both founders and investors.........

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Investment focus

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

Investor stats

  • Total investments: 111
  • Round size: Seed $100k–$3.2M; Pre-Seed $100k–$2M; Series A $250k–$15M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • Craydel — Get Professional career guidance based on Psychometric Assessments and get scholarships to the best MBA, Engineering, Medical, Education online and on campus courses in Africa and Abroad.
  • EMTECH — For Modern Central Banking
  • Terragon Group — Terragon is a leading Data and Marketing Technology company that uses data and analytics to help companies focused in Africa, intelligently connect at scale to their customers. We use an aggregation of online and offline data, and predictive scoring to help brands, marketing agencies and platforms accurately target people across channels anddevices. Headquartered in Lagos; Nigeria, we also have a presence in Kenya, South Africa, Ghana and India.
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Golden Palm Investments
VC Fund · Accra, Greater Accra, Ghana · 6 investments in Africa Health Care startups

Golden Palm Investments is an investment holding and advisory company.

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Investment focus

  • Industry: Information Technology, FinTech, Health Care
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, Egypt, Kenya

Investor stats

  • Total investments: 54
  • Round size: Seed $2M–$13M; Pre-Seed $30k–$6.5M; Series A $2M–$15M
  • Lead/follow: 6% lead, 94% follow
  • Last fund: May invest from a new fund soon — last raise in 2014

Portfolio highlights

  • Sabipay — Pastel is a leader in Artificial Intelligence. We build products targeted at individuals (SwiftMoney) and enterprises (Sigma) in emerging markets
  • Maplerad — Maplerad is a fast, safe and easy way to send and receive money with friends, family or others you trust. You can receive and send money directly into any Nigerian bank account in minutes using Bitcoin, US Dollars, and Naira.
  • Jetstream Africa — Jetstream is a supply chain platform that powers freight forwarding and global exports for African suppliers. With tracking and consolidated (LCL) shipping Jetstream levels the playing field for access to international trade for African SMEs with the click of a button.
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Tencent
VC Fund · Shenzhen, Guangdong, China · 6 investments in Africa Health Care startups, 33 in the past 12 months

Tencent is an internet service portal offering value-added internet, mobile, telecom, and online advertising services. Its communications and social platforms Weixin and QQ connect users with each other, with digital content and daily life services in just a few clicks. Tencent has maintained steady growth under its user-oriented operatingstrategies. It provides value-added internet, mobile, and telecom services, as well as online advertising under the strategic goal of providing users with "one-stop online lifestyle services." Tencent’s Internet platforms in China – QQ (QQ Instant Messenger), WeChat, QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai, and Tenpay – aim to address the various needs of internet users, including communication, information, entertainment, e-commerce, and others.In September 2013, Tencent's market valuation rose to $101 billion, and as of November 21, 2013, QQ had 2 billion active users and WeChat had 650 million monthly active users. The numbers of active users for QQ mail, Qzone, Tencent Weibo, and QQ news were 274 million, 626 million, 220 million, and 150 million, respectively.Tencent was founded in November of 1998. In April 2000, the IDG and PCCW invested a total of $2.2 million dollars in the company. Tencent was listed on the Hong Kong Stock Exchange (SEHK) on June 16, 2004. Baidu, Alibaba, and Netease are Tencent's major competitors.

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Investment focus

  • Industry: Software, Financial Services, E-Commerce
  • Stage:Series B, Series A, Series C
  • Geography: China, United States, United Kingdom

Investor stats

  • Total investments: 432
  • Round size: Series A $3.5M–$120M; Series B $15M–$200M; Series C $36M–$385M
  • Lead/follow: 46% lead, 54% follow

Portfolio highlights

  • CMR Surgical — Welcome to CMR Surgical. Transforming surgery. For good. Our aim is to make the benefits of minimal access surgery available to everyone who needs it.
  • Enflame — Suiyuan Technology is a provider of neural network solutions for artificial intelligence. Its products are deep learning high-end chips developed for cloud data centers, and are positioned on artificial intelligence training platforms. The chip will adopt a unique and innovative architecture independently developed, featuring high computing power,high energy efficiency ratio, programmable, low cost, and support for mainstream machine learning frameworks. It is designed and optimized for cloud AI training.
  • Broken String Biosciences — Our platform accelerates the characterisation of novel gene editing technologies to unlock the next wave of cell & gene therapies.
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Ventures Platform
VC Fund · Abuja, Federal Capital Territory, Nigeria · 5 investments in Africa Health Care startups, 15 in the past 12 months

Ventures Platform Fund is a discovery fund that invests early in mission-driven founders that are building capital-efficient platforms that democratise prosperity, plug infrastructural gaps, connect underrepresented communities, solve for non-consumption, and improve livelihoods in Africa.

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Investment focus

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

Investor stats

  • Total investments: 127
  • Round size: Seed $325k–$4.4M; Pre-Seed $50k–$1.1M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: Likely still investing — raised $46M in 2022

Portfolio highlights

  • Lengo — Lengo is an AI based intelligence platform that offers a large database on consumer goods for companies in the FMCG sector.
  • Traction Apps — Traction apps provide businesses end to end tools they need to run and grow their businesses.
  • Remedial Health — We improve business to business access to medicines by providing such medicines from manufactures/registered distributors direct to large and small healthcare retail businesses (large pharmacies and remote chemist/PPMVs (Patent and Proprietary Medicine Vendors)) using technology to deliver just-in-time stock and provide financing and awide selection of inventory to such retail business.
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Musha Ventures
VC Fund · New York, New York, United States · 4 investments in Africa Health Care 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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Consonance Investment Managers
VC Fund · Lagos, Lagos, Nigeria · 4 investments in Africa Health Care startups

We are an investment company focused on helping early and growth-stage entrepreneurs build successful companies in Africa.

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Investment focus

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

Investor stats

  • Total investments: 30
  • Round size: Seed $550k–$2.5M; Pre-Seed $450k–$1M; Series A $50k–$1.3M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Releaf — We are industrializing food processing in Africa. We've led 1000+ smallholder farmers to provide food factories with >7.5 million kilograms of quality crops.
  • Tripesa — Tripesa offers payment solutions for Africa's travel and tourism industry.
  • Norebase — Norebase knows that there's an opportunity to grow successful businesses in Africa. It also understands the complexities of the market, and so is using technology to make doing business in Africa worthwhile. With Norebase get to operate in Africa with no hassle and with minimum risk.
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Picus Capital
VC Fund · Munich, Bayern, Germany · 4 investments in Africa Health Care startups, 27 in the past 12 months

Picus Capital is an early-stage technology investment firm with a long-term investment philosophy. We work together with daring technology companies to build successful, global companies challenging the status quo and shaping tomorrow.

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Investment focus

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

Investor stats

  • Total investments: 274
  • Round size: Seed $1.2M–$9.4M; Pre-Seed $500k–$4.4M; Series A $3.5M–$33M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Vega — The comprehensive wealth creation platform for high-net-worth individuals and their advisors. Vega bridges the gap between the institutional and private wealth management worlds.
  • Komet Games — A casual gaming platform powered by intelligent AI agents. Explore puzzle, battle, and hyper casual games with friends, all under one roof.
  • Spot My Energy — Spot My Energy increases the value of smart power by increasing transparency in energy flows and handling metering, asset optimization, and trading.
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Newtown Partners
VC Fund · Cape Town, NA - South Africa, South Africa · 4 investments in Africa Health Care startups

Newtown Partners is a venture capital firm that actively invests in emerging, disruptive technology startups.

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Investment focus

  • Industry: Logistics, Health Care, Information Technology
  • Stage:Seed, Series A
  • Geography: South Africa, Kenya, Nigeria

Investor stats

  • Total investments: 20
  • Round size: Seed $600k–$5.5M; Series A $3.6M–$7M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • BeyondTrucks — Vertical SaaS
  • Lami — Lami is an end-to-end digital insurance platform and API that enables companies across sectors to offer insurance products. Its API allows underwriters to connect with consumer-facing companies that can provide embedded insurance as a value add for existing customers, many of whom are uninsured.
  • Complete Farmer — We are providing cutting-edge technological farming protocols and innovations with a unique business model and logistics that are revolutionizing...
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Flying Doctors Nigeria
VC Fund · Lagos, Lagos, Nigeria · 4 investments in Africa Health Care startups

Flying Doctors Nigeria is an ambulance service company that provides medical emergency services. The company also provides medical solutions such as air ambulance and medical evacuation and ground ambulance services. They offer rapid transfer and the highest standards of care to patients in acute medical need, serving both states and privatecompanies on a yearly retainer basis.Flying Doctors Nigeria operates stations manned by specially trained medical doctors across the country from where real-time responses are affected. It was founded in 2009 and is based in Lagos, Nigeria.

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Investment focus

  • Industry: Health Care, Retail, Medical
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria

Investor stats

  • Total investments: 5
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • GetEquity — GetEquity is a NASDAQ for venture capital. We provide an exchange and liquidity for private companies, and an infrastructure for different cadres of venture capital around investing, founder liquidity, and shareholder management
  • Healthtracka — Healthtracka is a digital health platform that allows consumer direct access to lab tests bookings, at-home sample collection and digital results in 1-3days
  • Helium Health — Helium Health empowers healthcare providers in Africa with digital tools, financing solutions, and data partnerships. Learn more about our innovative solutions.
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Breyer Capital
VC Fund · Menlo Park, California, United States · 4 investments in Africa Health Care startups, 11 in the past 12 months

Breyer Capital is an independent global venture capital and private equity investor. Founded by Jim Breyer in 2006, we make long-term, idea-driven investments.

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Investment focus

  • Industry: Health Care, Software, Financial Services
  • Stage:Series A, Series B, Seed
  • Geography: United States, United Kingdom, Kenya

Investor stats

  • Total investments: 151
  • Round size: Seed $2.4M–$20M; Series A $9.6M–$34M; Series B $20M–$75M
  • Lead/follow: 21% lead, 79% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Kinjo — Kinjo changes the way we approach education and screen time, harnessing the power of kid-favorite platforms (like Roblox!) to help them learn and grow.
  • Pryon — Pryon is the leading AI-as-a-Service platform for content and knowledge management. Pryon closes knowledge gaps, improving employee productivity, and enhancing customer experiences. Companies such as Georgia Pacific use Pryon to improve health and safety outcomes, eliminate compliance incidents, improve employee onboarding, and upgrade all aspectsof customer service and support.
  • Elemental Cognition — Elemental Cognition (EC) provides a revolutionary hybrid AI platform with superior natural language understanding that powers expert problem-solving intelligence in conversational and discovery applications. EC was founded in 2015 by Dr. David Ferrucci, the renowned AI researcher and inventor of IBM’s breakthrough Watson technology. EC AItransparently engages with people to understand, reason, and explain complex problems. EC customers are in several verticals, including but not limited to healthcare, pharmaceuticals, life sciences, financial services, and travel.The mission of Elemental Cognition (EC) is to transcend conventional AI, aiming to aid individuals in comprehending intricate content, engaging in logical thinking about it, and locating as well as elucidating solutions.Elemental Cognition remains devoted to creating ethical and lucid AI, designed to contribute to resolving issues and providing proficiency in a manner that is both comprehensible and reliable.Recognizing AI's potential to function as a cogitative partner akin to a human, EC envisions a landscape of transparency, where the rationale behind outcomes is on par in significance with the outcomes themselves.What sets EC apart is its distinctive methodology, intertwining varied AI strategies within an innovative framework. This framework assimilates and ratiocinates upon knowledge that is understandable to humans, fostering collaborative and dynamic problem-solving. The outcome manifests as an expert problem-solving acumen that is more lucid and resource-efficient, seamlessly integrated into conversational and exploratory applications.
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AAIC Investment
VC Fund · Singapore, Central Region, Singapore · 4 investments in Africa Health Care startups

We will continue to invest and support the growth of innovative companies towards sustainable economic growth and solving social issues.

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Investment focus

  • Industry: Health Care, Medical, E-Commerce
  • Stage:Series A, Seed, Series B
  • Geography: Egypt, Kenya, Nigeria

Investor stats

  • Total investments: 18
  • Round size: Seed $450k–$2.5M; Series A $3M–$4.4M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • Aumet — Aumet allows medical manufacturers and distributors increase their sales by sharing hospital inquiries, business news, search for products, and find potential clients.Manufacturers and distributors who work together connect and get verified so they share hospital inquiries, market business news between each other .Suppliers list their productsand connect with distributors who sell these products and select countries, where they are looking for distributors, in the meantime distributors, connects with their suppliers, search for new product and list their interests.
  • Zanifu — The zanifu platform, allows small retailers in Sub Saharan Africa, to procure inventory from their suppliers & pay later.
  • Credable — Credable is the Digital Banking Platform that is driving the future of banking by embedding financial services in businesses across emerging markets.
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Blockchain Founders Fund
VC Fund · Singapore, Central Region, Singapore · 4 investments in Africa Health Care startups, 16 in the past 12 months

We Focus Exclusively On Adding Value To Blockchain & Emerging Technology Projects With Real World Applications.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Pre-Seed
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 123
  • Round size: Seed $125k–$4M; Pre-Seed $15k–$6M
  • Lead/follow: 6% lead, 94% follow
  • Last fund: Likely still investing — raised $75M in 2022

Portfolio highlights

  • Freename — Redefining Web3 Naming System. Web3 Registrar: custom TLDs and Domains
  • LunarCrush — Smarter crypto, NFT, and stock investing with insights from millions of conversations happening across social.
  • SuperSight — SuperSight (https://supersight.xyz/), a UK-based start-up, is building crypto-specific Large Language Models (LLMs) to revolutionise the way we interact with crypto data. With 420 million crypto users but only 30,000 able to code for onchain insights, SuperSight bridges the gap, enabling easy access to information from a range ofboth on-chain and off-chain sources like Discord, Telegram, Twitter, Mirror, Podcast Transcripts, and news sites. Beyond just collecting data, SuperSight uses AI to improve the search experience, making it personalised, accurate, and ultimately, more insightful.
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K50 Ventures
VC Fund · New York, New York, United States · 3 investments in Africa Health Care startups

K50 Ventures is the most trusted first-check investor for mission-driven founders building a better future for the 99% in the US and LATAM.

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Investment focus

  • Industry: Health Care, Financial Services, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Colombia, Brazil

Investor stats

  • Total investments: 147
  • Round size: Seed $1M–$6M; Pre-Seed $300k–$2M; Series A $5.5M–$30M
  • Lead/follow: 3% lead, 97% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Assis — Assis goal is to empower business owners by helping them grow their companies through technology that gives customers an amazing experience each and every time they connect with them.
  • Naya Homes — Proptech, real estate, vacation and short-term rentals, consumer finance
  • Somos Internet — Somos Internet is a network and telecommunications startup that provides latest generation internet with a fast, secure, stable connection. The company was founded in 2018 and is headquartered in Medellín, Antioquia, Colombia.
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HAVAÍC
VC Fund · Cape Town, NA - South Africa, South Africa · 3 investments in Africa Health Care startups

HAVAÍC is an investment and advisory firm that specialises in early-stage, high-growth African businesses with proven concepts and global prospects, offering investment opportunities to sophisticated investors and international venture capital companies with an interest in Africa. As a complementary offering, HAVAÍC provides corporate advisory andcapital raising services to emerging, internationally scalable businesses.

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Investment focus

  • Industry: Health Care, Financial Services, Software
  • Stage:Seed, Pre-Seed
  • Geography: South Africa, United States, Kenya

Investor stats

  • Total investments: 22
  • Round size: Seed $54k–$4M
  • Lead/follow: 73% lead, 27% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

  • Talk360 — Talk360 is an easy-to-use calling app that helps people make affordable international calls to any mobile and landline number. They believe that reliable communication and digital services must be affordable and accessible to everyone, regardless of someone's background. Especially people in emerging countries in Africa, who often need theseservices the most, do not always have the necessary banking possibilities. To bridge this distance, Talk360 will launch the world's first single checkout platform for Africa. This platform will combine all locally available payment methods and currencies across Africa, together with over 1.25 million cash points of sales, and will eventually be available to other companies as well. This means that 500 million Africans will be able to purchase digital services they never had access to before.
  • FinAccess — FinAccess is a banking software for microfinance organisations.
  • Right Now Response — Your go-to for expert breakdown assistance. Our dedicated team ensures you're back on the road swiftly and safely. Contact us for reliable support today!
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APL group
VC Fund · Central, Hong Kong Island, Hong Kong · 3 investments in Africa Health Care startups

Asia Pacific Land is a real estate investment, development, and asset management firm.The firm offers an investment platform that encompasses real estate, renewable energy, and private equity transactions and is committed to providing solutions and a business structure infused with an entrepreneurial spirit that enables them to engage in some ofthe most complex and creative transactions and strategies. Most of their assets have been acquired in off-market transactions where they have executed some of the most notable investments. It actively pursues value-add opportunities, including corporate acquisitions, development, redevelopment, portfolio acquisitions, and other complex transactions. By leveraging its capabilities and expertise, they are able to target investments across multiple strategic initiatives, geographies, and asset classes. It was founded in 1994 in Central, Hong Kong Island by William D. Schoenfeld and Richard J. Reitknecht.

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Investment focus

  • Industry: Health Care, FinTech, Logistics
  • Stage:Series A, Seed, Series C
  • Geography: Ghana, Nigeria, United States

Investor stats

  • Total investments: 5
  • Round size: Series A $18M–$18M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Jetstream Africa — Jetstream is a supply chain platform that powers freight forwarding and global exports for African suppliers. With tracking and consolidated (LCL) shipping Jetstream levels the playing field for access to international trade for African SMEs with the click of a button.
  • Carepoint Hospitals — Carepoint Hospitals is a network of healthcare facilities providing optimized and patient-centered services.
  • Africa Health Holdings Ltd — Africa Health Holdings cultivates a work-environment that motivates professionals to strive to exceed their expectations. It offers a variety of exciting and challenging careers across Africa and North America. It values teamwork and the enthusiasm to become a contributor to the development and success of local communities across Africa.It wasfounded in 2017 and is headquartered in Accra, Ghana with offices in Nigeria and New York.
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U.S. International Development Finance Corp
VC Fund · Washington, District of Columbia, United States · 3 investments in Africa Health Care startups, 14 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

  • Industry: Financial Services, Finance, FinTech
  • Stage:Debt Financing, Post-IPO Debt
  • Geography: India, United States, Kenya

Investor stats

  • Total investments: 55
  • Round size: Post-IPO Debt $34M–$765M; Debt Financing $8.8M–$200M
  • Lead/follow: 75% lead, 25% follow

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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Five35 Ventures
VC Fund · Gauteng, NA - South Africa, South Africa · 3 investments in Africa Health Care startups

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

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Investment focus

  • Industry: Information Technology, Health Care, Wellness
  • Stage:Seed, Pre-Seed
  • Geography: South Africa, Kenya, Nigeria

Investor stats

  • Total investments: 17
  • Round size: Seed $1M–$1.6M
  • Lead/follow: 12% lead, 88% follow

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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DOB Equity
VC Fund · Veessen, Gelderland, The Netherlands · 3 investments in Africa Health Care startups

DOB Equity is a private equity firm specializing in growth capital and buy-and-build strategies in small and medium companies.

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Investment focus

  • Industry: Food and Beverage, Farming, Health Care
  • Stage:Private Equity, Seed
  • Geography: Kenya, Rwanda, Tanzania

Investor stats

  • Total investments: 41
  • Round size: Seed $1M–$4M
  • Lead/follow: 61% lead, 39% follow

Portfolio highlights

  • Kwara — Kwara turns analog credit unions into modern digital banks.
  • Power — Putting individuals on the path towards financial health
  • Eden Care Medical — Eden Care Medical is a mobile application that provides medical and health insurance as well as financial services.
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MaC Venture Capital
VC Fund · Los Angeles, California, United States · 3 investments in Africa Health Care startups, 27 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

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

Investor stats

  • Total investments: 203
  • Round size: Seed $1.4M–$7M; Pre-Seed $235k–$4M; Series A $3.5M–$50M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • 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.
  • Stoke Space — STOKE Space Technologies seamlessly connecting earth and space.
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M3
VC Fund · Tokyo, Tokyo, Japan · 3 investments in Africa Health Care startups

About M3, Inc.

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Investment focus

  • Industry: Health Care, Biotechnology, Nursing and Residential Care
  • Stage:Corporate Round, Series B
  • Geography: Japan, Nigeria, Ghana

Investor stats

  • Total investments: 23
  • Round size: Series B $12M–$96M; Corporate Round $14M–$137M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Reliance Health — Reliance Health is a healthcare company using technology to make healthcare more affordable and accessible. Using an integrated approach that includes affordable health insurance, telemedicine, and a combination of partner and proprietary healthcare facilities.
  • RelianceHMO — RelianceHMO is solving this problem by providing affordable and reliable insurance packages for the average African. Reliance makes health insurance in Africa cheaper and easier to access by combining Telemedicine with data science.
  • Africa Health Holdings Ltd — Africa Health Holdings cultivates a work-environment that motivates professionals to strive to exceed their expectations. It offers a variety of exciting and challenging careers across Africa and North America. It values teamwork and the enthusiasm to become a contributor to the development and success of local communities across Africa.It wasfounded in 2017 and is headquartered in Accra, Ghana with offices in Nigeria and New York.
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TRB Advisors
VC Fund · New York, New York, United States · 3 investments in Africa Health Care startups

TRB Advisors LP is a private investment firm. TRB engages in a broad range of investment activities and seeks superior risk-adjusted returns through a long-term, patient, and flexible investment mandate. The firm’s investment professionals are led by Heath L. Watkin, President and Chief Investment Officer, and operate from TRB’s offices in New YorkCity.

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Investment focus

  • Industry: Health Care, Brewing, Finance
  • Stage:Series A, Series C, Private Equity
  • Geography: United States, Ghana, Nigeria

Investor stats

  • Total investments: 6
  • Round size: Series A $18M–$18M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Athletic Brewing — Athletic Brewing is a food and beverage company that specializes in brewing, healthy living, organic, e-commerce, and direct-to-consumer. It manufactures non-alcoholic craft beer. The company was founded in 2017 and is headquartered in Stratford, Connecticut.
  • Carepoint Hospitals — Carepoint Hospitals is a network of healthcare facilities providing optimized and patient-centered services.
  • Africa Health Holdings Ltd — Africa Health Holdings cultivates a work-environment that motivates professionals to strive to exceed their expectations. It offers a variety of exciting and challenging careers across Africa and North America. It values teamwork and the enthusiasm to become a contributor to the development and success of local communities across Africa.It wasfounded in 2017 and is headquartered in Accra, Ghana with offices in Nigeria and New York.
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Sunu Capital
VC Fund · 3 investments in Africa Health Care startups

SUNU Capital is an early-stage venture capital fund investing in companies that are creating a more prosperous, inclusive, and self-sustaining future across the global south.SUNU makes tailored investments to help companies pursue game-changing opportunities and realize their vision. Post-investment, we draw upon our network to offer additionalcapacity and capital that helps businesses grow and prepare to access follow-on investments. We move swiftly and responsively. They commit long-term. We love a good challenge.​

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Investment focus

  • Industry: Health Care, B2B, Apps
  • Stage:Series A, Seed, Series B
  • Geography: Nigeria, Kenya, United States

Investor stats

  • Total investments: 8
  • Round size: Series A $3.6M–$18M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Thepeer — API infrastructure for businesses
  • Carepoint Hospitals — Carepoint Hospitals is a network of healthcare facilities providing optimized and patient-centered services.
  • Africa Health Holdings Ltd — Africa Health Holdings cultivates a work-environment that motivates professionals to strive to exceed their expectations. It offers a variety of exciting and challenging careers across Africa and North America. It values teamwork and the enthusiasm to become a contributor to the development and success of local communities across Africa.It wasfounded in 2017 and is headquartered in Accra, Ghana with offices in Nigeria and New York.
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4DX Ventures
VC Fund · Brooklyn, New York, United States · 3 investments in Africa Health Care startups

4DX Ventures is a Pan-Africa Focused Venture Capital Firm. Our mission is to connect people, ideas, and capital to create a vibrant African community.

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Investment focus

  • Industry: FinTech, Information Technology, Financial Services
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Egypt, United States, Kenya

Investor stats

  • Total investments: 66
  • Round size: Seed $431k–$13M; Pre-Seed $40k–$6.5M; Series A $3M–$20M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • Tactyc — Tactyc is an easy-to-use portfolio construction, forecasting and management software for venture funds.
  • Zoie Health — Zoie is a digital health firm for women that provides family planning, fertility, and maternity care services.
  • Money Fellows — MoneyFellows digitizes the ROSCA model, enabling group lending and savings.
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VestedWorld
VC Fund · Chicago, Illinois, United States · 3 investments in Africa Health Care startups, 7 in the past 12 months

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.

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Investment focus

  • Industry: Agriculture, E-Commerce, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: Nigeria, Kenya, Ghana

Investor stats

  • Total investments: 24
  • Round size: Seed $1.6M–$2.5M; Series A $4.2M–$4.4M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

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.
  • EMTECH — For Modern Central Banking
  • 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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Future Africa
VC Fund · San Francisco, California, United States · 3 investments in Africa Health Care startups, 10 in the past 12 months

Future Africa is a collective of mission-driven founders and funders building unicorns to solve Africa’s biggest challenges. They are build a future where purpose and prosperity are within everyone’s reach.

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Investment focus

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

Investor stats

  • Total investments: 80
  • Round size: Seed $500k–$3.7M; Pre-Seed $40k–$3.7M; Series A $7M–$20M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Balad — Balad is Egyptian Cross Border Payout Network primarily serving Money Transfer Operators (MTOs), fintechs and mobile wallets. Targeting sending markets including GCC, EU, US, Canada, and UK
  • Anchor — Anchor is a Lagos-based banking-as-a-service platform for African businesses. Anchor provides APIs and infrastructure to build, embed and launch powerful financial products in a secure and scalable way.
  • Itana — Talent City’s mission is to build a network of charter cities that focuses on creating technology-enabled jobs within a free trade zone with its own regulation and bylaws.
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Health54
VC Fund · 3 investments in Africa Health Care startups

Health54 is the Corporate Venture Capital of CFAO Group in Healthcare.

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Investment focus

  • Industry: Health Care, Pharmaceutical, Retail
  • Stage:Seed
  • Geography: Nigeria, Kenya

Investor stats

  • Total investments: 3
  • Round size: Seed $3M–$3M
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Tibu Health — Tibu Health uses the most sophisticated health and logistics technology to provide patients with a convenient and coordinated end-to-end healthcare experience, resulting in improved health outcomes, healthier lifestyles, and more time to concentrate on the things that are important to our patients.
  • Lifestores Pharmacy — Lifestores is a retail pharmacy start-up bringing disruptive innovation to the pharmaceutical sector in Nigeria by democratizing quality medicines and pharmaceutical services.
  • Lifestores Healthcare — Lifestores Healthcare is using technology to democratize access to quality and affordable primary healthcare.
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Microtraction
VC Fund · Lagos, Lagos, Nigeria · 3 investments in Africa Health Care startups

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

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Nigeria, United States, Canada

Investor stats

  • Total investments: 57
  • Round size: Seed $25k–$1.2M; Pre-Seed $50k–$1M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $15M in 2022

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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VentureSouq
VC Fund · Dubai, Dubai, United Arab Emirates · 3 investments in Africa Health Care startups

VentureSouq operates a large co-investment platform with a global investment portfolio.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Arab Emirates, Saudi Arabia

Investor stats

  • Total investments: 139
  • Round size: Seed $250k–$6.5M; Series A $6M–$30M; Series B $5M–$50M
  • Lead/follow: 9% lead, 91% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • D3 — D3 - DNS Domains for Web3
  • Silkhaus — A seamless, sophisticated experience you can rely on. Choose from the wide variety of furnished Boutique Flats and apartments for short and long-term stays from Silkhaus.
  • Metriport — Metriport helps digital health companies access and manage patient health and medical data, through an open-source and universal API.
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Novastar Ventures
VC Fund · Nairobi, Nairobi Area, Kenya · 2 investments in Africa Health Care startups

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

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Investment focus

  • Industry: Agriculture, Internet, Clean Energy
  • Stage:Series A, Series B
  • Geography: Kenya, Nigeria, United States

Investor stats

  • Total investments: 48
  • Round size: Series A $1M–$9.9M; Series B $660k–$50M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: May invest from a new fund soon — raised $108M in 2020

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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Flat6Labs Tunisia
VC Fund · Tunis, Tunis, Tunisia · 2 investments in Africa Health Care startups

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.

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Investment focus

  • Industry: E-Commerce, Retail, Education
  • Stage:Pre-Seed, Seed
  • Geography: Tunisia

Investor stats

  • Total investments: 22
  • Round size: Seed $64k–$200k; Pre-Seed $65k–$79k
  • Lead/follow: 73% lead, 27% follow
  • Last fund: May invest from a new fund soon — raised $10M in 2019

Portfolio highlights

  • Ahkili — Ahkili is a health tech mobile application for appointment booking that connects patients to psychologists.
  • WeMove — WeMove is a fitness marketplace for daily gym passes. They develop innovative solutions that meet your sports issues.
  • LAMMA — Lamma is a web and mobile platform reinventing urban movement for package delivery through an extended carpooling network.
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Chandaria Capital
VC Fund · Nairobi, Nairobi Area, Kenya · 2 investments in Africa Health Care startups

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.

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Investment focus

  • Industry: E-Commerce, FinTech, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Kenya, United States, Egypt

Investor stats

  • Total investments: 28
  • Round size: Seed $200k–$6M; Pre-Seed $1M–$3M; Series A $2M–$37M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Leta — Leta Technology is a software development company that creates supply chain and logistics software to enable the efficient and automated movement of goods.
  • Jumba — Jumba is a construction technology platform that streamlines B2B construction material purchase and financing.
  • UTU Technologies — Trust infrastructure for the sharing economy.
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Bunmi Akinyemiju
Angel · 2 investments in Africa Health Care startups

Bunmi is a graduate of Computer Science from the Michigan State University, USA. An execution focused executive with over 16 years entrepreneurial experience in high-tech sales, solutions development and management, Bunmi has developed over 20 proprietary technologies in Aviation, Government, Education, Oil & Gas and Banking sector globally.Bunmi has built more than five companies till date – each a potential billion dollar company and has substantial experience/relationships in the areas of Software development, Technology Consulting, Revenue Collection Strategies, Software Project Management, Business Startups, Internet Technology & Business Development. Bunmi is the Founder, MD/CEO of Venture Garden Nigeria.

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Investment focus

  • Industry: Financial Services, FinTech, Payments
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Nigeria, United Arab Emirates

Investor stats

  • Total investments: 5
  • Lead/follow: no public data

Portfolio highlights

  • BFree — BFree focuses its collection processes on sustainably leading customers out of debt by giving them back control over their finances.
  • SureGroup — Commerce in Africa is deeply facilitated by cash, but cash-based transactions are expensive, unsafe, and difficult to track. Suregifts identified an opportunity to take advantage of the growth and adoption of the internet and all things digital in Africa by creating a simple, yet safe alternative currency to be utilised for specific purposes;Vouchers.At the core of what SureGifts does, is selling and maintaining an inventory of vouchers, which can be exchanged between two or more parties, and spent at a closed but extensive network of merchants across Africa for a near-unlimited assortment of goods and services.
  • Encore Pay — Encore Pay is a UAE-based FinTech and Payment solutions provider.
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Social Capital
VC Fund · Palo Alto, California, United States · 2 investments in Africa Health Care startups

At Social Capital, we make big bets on transformational ideas, technology, and people.

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Investment focus

  • Industry: Software, FinTech, SaaS
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, India

Investor stats

  • Total investments: 364
  • Round size: Seed $1M–$5M; Series A $3.5M–$15M; Series B $8M–$35M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Flock — Fair and flexible motor fleet insurance for cars, vans, and mixed fleets. Expert support, online policies and stress-free claims. For UK fleets of 20+ vehicles.
  • Mitra Chem — Mitra Chem is innovating and commercializing iron-based cathode materials to enable mass-market electrification for electric vehicles, energy storage solutions and beyond.
  • Metalink — Metalink is a private chat app that provides NFT collection. They also offer the punk owners to find and chat with other verified holders by simply connecting their wallet.
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Unseen Capital
VC Fund · New York, New York, United States · 2 investments in Africa Health Care startups

Unseen Capital created by racially diverse and historically underrepresented business leaders that is intended to identify, fund and support underrepresented founders of early-stage healthcare companies and those building solutions for marginalized communities.

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Investment focus

  • Industry: Health Care, Wellness, Medical
  • Stage:Seed, Pre-Seed, Series B
  • Geography: United States, Nigeria

Investor stats

  • Total investments: 8
  • Lead/follow: no public data

Portfolio highlights

  • Rezilient Health — Reimagine primary care services with Rezilient Health. Every doctor available at every location & 24/7 virtual care with our tele-health techonology.
  • CareAcademy — CareAcademy is an online training platform used by thousands of caregivers across the US.
  • Trial Library — At Trial Library, we partner with the oncology community to enable the discoverability of clinical trials for anyone, anywhere.
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Futuregrowth Asset Management
VC Fund · 2 investments in Africa Health Care startups

Futuregrowth manages the full range of fixed interest and developmental impact funds on behalf of our clients. We are committed to managing and investing our clients' funds in a responsible manner.

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Investment focus

  • Industry: Software, Financial Services, Medical Device
  • Stage:Seed, Series B
  • Geography: South Africa, France, United States

Investor stats

  • Total investments: 10
  • Round size: Seed $4M–$5.3M
  • Lead/follow: 70% lead, 30% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Inseco — Inseco is an IT company that specializes in management solutions, ERP, CRM, GED, HR, and business solutions.
  • SweepSouth — Book a home cleaning online from your mobile, tablet or computer. SweepSouth connects you with a cleaner in minutes. Cleaners are experienced, reliable, efficient and insured.
  • Inseco — Sustainable insect protein producers, converting organic by-products into nutritious protein. This high in protein product is used in animal feed, pet food, crop production, cosmetics and pharmaceuticals.
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Gray Matters Capital
VC Fund · Atlanta, Georgia, United States · 2 investments in Africa Health Care startups

We are an impact investor in the global south. Our deep roots in microfinance and education finance have demonstrated profit with purpose. We focus on self-development and skilling technology for women to find meaningful work.

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Investment focus

  • Industry: Education, Health Care, E-Learning
  • Stage:Seed, Series A
  • Geography: India, United States, Kenya

Investor stats

  • Total investments: 25
  • Round size: Seed $50k–$1.1M; Series A $1M–$6M
  • Lead/follow: 76% lead, 24% follow

Portfolio highlights

  • Shamba Pride — Shamba Pride is a revolutionary Rural Distribution system for African Farmers, it provides online-to-offline DigiShop marketplace.
  • Applied Cognition — Applied Cognition is developing a novel medical device and platform for translational measurement of a newly discovered biology of the brain whose failure has been shown to cause neurodegeneration in preclinical models. We will be the first to non-invasively, continuously measure this biology in humans enabling us to develop treatments that stop or reverse the progression of neurodegenerative diseases such as Alzheimer's and Parkinson's.
  • Indian School Finance Company — ISFC is a Non-Banking Finance Company engaged in the business of lending to educational institutions and entrepreneurs managing such institutions. The company started its operations in December 2008 from Hyderabad and has expanded since to other cities.
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The Chrysalis Capital
VC Fund · Lagos, Lagos, Nigeria · 2 investments in Africa Health Care startups

Chrysalis Capital is an investment management firm focused on scaling early-stage tech companies in Africa and the diaspora.

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Investment focus

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

Investor stats

  • Total investments: 5
  • Round size: Seed $2M–$2M; Series A $10M–$15M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Bankly — Bankly is a digital savings and peer to peer transfer product where users fund their wallet using tokens available on Bankly vouchers nationwide in a “Recharge to save” model. This cash digitisation system is similar to the telco mobile airtime top up and is currently available on MTN and 9mobile networks in Nigeria.Financial services has to beseen through the lenses of a fast moving consumer product in order to reach the last mile and the use of vouchers has been proven to be a successful cash digitisation system by the telecoms industry. Leveraging this existing consumer behaviour to drive financial inclusion, reduce cost of financial services and create a foundation to provide other financial services is where Bankly identifies huge potential and is poised to make an impact.
  • Bamboo — Bamboo is a digital investment platform that provides real-time access to buy, hold, or sell stocks. The investment platform is accessible on both computers and mobile phones.
  • 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.
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Bose Ventures
VC Fund · Framingham, Massachusetts, United States · 2 investments in Africa Health Care startups

Bose Ventures is looking for startups that are pushing the envelope of AR to help build some of these new experiences. They are investing in startups that are developing apps, services, and technology that leverage and extend the Bose AR platform. If you are one of these innovative startups

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Investment focus

  • Industry: Software, Wearables, Artificial Intelligence
  • Stage:Series B, Series A
  • Geography: United States, Denmark, South Africa

Investor stats

  • Total investments: 19
  • Round size: Series A $1.5M–$8.3M; Series B $6M–$80M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: May invest from a new fund soon — raised $50M in 2018

Portfolio highlights

  • Pison — Pison is a human performance company optimizing cognitive and physiological capability through gesture control. It's a full-stack solution combine hardware, software, machine learning, and UX for AR industries and drones. Investors and partners include Special Forces, Air Force, Harris, First Round DRF, MIT, Draper, and NASA.
  • Vesper — Vesper is an electrical and electronic manufacturing company that specializes in microphones, piezoelectric, and audio. The company is driven by a mission is to deliver voice-powered products to every market, around the world. Vesper was founded in 2009 and headquartered in Boston, Massachusetts.
  • Medrhythms — Pioneering Next-Generation Digital Therapeutics to Improve Walking  
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Blue Haven Initiative
VC Fund · Cambridge, Massachusetts, United States · 2 investments in Africa Health Care startups

Blue Haven Initiative is an innovative family office dedicated to putting wealth to work for market returns and positive social and environmental change.

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Investment focus

  • Industry: Solar, Energy, Financial Services
  • Stage:Series A, Series B, Seed
  • Geography: Kenya, United States, Ghana

Investor stats

  • Total investments: 22
  • Round size: Series A $2M–$11M; Series B $12M–$22M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • 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.
  • TIBU Health — TIBU Health is a disruptive HealthTech logistics company that provides high-quality healthcare services.
  • Field — Health supply chain technology and services across Africa
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Aruwa Capital
VC Fund · Lagos, Lagos, Nigeria · 2 investments in Africa Health Care startups, 6 in the past 12 months

Aruwa Capital Management is a Lagos-based, female-founded and led growth equity impact fund.

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Investment focus

  • Industry: FinTech, Big Data, Financial Services
  • Stage:Seed, Series A
  • Geography: Nigeria, United States, France

Investor stats

  • Total investments: 13
  • Round size: Seed $1.7M–$3M
  • Lead/follow: 85% lead, 15% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • OmniBiz — Omnibiz is a digital platform for small businesses willing to attract new customers.
  • AgroEknor — AgroEknor provides agricultural research, integration, technology based optimization & global delivery of the agro superfoods.
  • Fastizers — Fastizers Food and Confectionery Limited is a newly formed food production firm in Nigeria that has been approved by the National Agency for Food and Drug Administration and Control (NAFDAC).
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Johnson & Johnson Foundation
VC Fund · 2 investments in Africa Health Care startups

The Johnson & Johnson Foundation is a registered charitable organization that reflects the commitment of the Johnson & Johnson Family of Companies to keeping people well at every age and every stage of life by blending heart, science, and ingenuity to profoundly change the trajectory of health for humanity.

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Investment focus

  • Industry: Health Care, Fitness, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Ghana, Zambia, United States

Investor stats

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

Portfolio highlights

  • Dawa Health — DawaMom is a standardized mobile clinic that delivers maternal and neonatal health through a digital health platform leveraging a wide network of trained 1st level clinicians and community health workers (CHWs) for emerging markets.
  • NextStep — NextStep is an information technology company that provides training and job placement for workers via mobile application platform. It features a mobile and web-based platform that enables its users to manage staff accordingly on their accurate positions. The company was founded in 2018 and headquartered in Seatle, Washington.
  • Redbird — Millions of Africans live with chronic diseases without a convenient way to manage their health. And every year, millions more develop chronic disease – at a rate of two times the world average. Unlike those with acute disease, chronic disease patients require not just treatment, but also lifelong health monitoring to remain healthy andproductive. African chronic diseases patients need a convenient way to manage their conditions, and the current, top-down approach to healthcare cannot cope.That’s where we come in. At Redbird, we supply pharmacies with everything they need to offer rapid diagnostic services for chronic disease, helping them to solve this need by establishing them as the most convenient place for patients to manage their health.
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Partech
VC Fund · Paris, Ile-de-France, France · 2 investments in Africa Health Care startups, 29 in the past 12 months

Partech is a global venture capital firm with offices in San Francisco, Paris, Berlin and Dakar. Partech invests in Internet and information technology startups at seed, venture and growth stages.

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Investment focus

  • Industry: Software, E-Commerce, Financial Services
  • Stage:Series A, Seed, Series B
  • Geography: United States, France, Germany

Investor stats

  • Total investments: 432
  • Round size: Seed $1M–$5.6M; Series A $2.5M–$25M; Series B $8M–$54M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • CO2 AI — Empowering decision-makers to sustain our world via advanced software that shifts carbon emissions reduction from the theoretical to the impactful.
  • UpSlide — Produce high-quality reports and presentations faster in PowerPoint, Excel and Word. Save up to 8h each month in just a few clicks!
  • Commsignia — Commsignia specializes in the research and development, manufacturing and distribution of cooperative intelligent transportation systems. Its product line includes a V2X Communication Software Stack and Commsignia’s own security stack implementation, Hybrid V2X/ADAS Safety Applications, a V2X Simulator, On-Board Units (OBU) and Roadside Units(RSU).The company was founded in 2012 and is headquartered in Santa Clara, California.
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Valiant Capital Partners
VC Fund · San Francisco, California, United States · 2 investments in Africa Health Care startups

Valiant Capital Management is a $2.7 billion global long/short equity hedge fund founded by Christopher R. Hansen in March 2008. Prior to that, Christopher Hansen was a Managing Director of Blue Ridge Capital from 2001 to January 2008. Mr. Hansen is the President and portfolio manager of Valiant and is supported by six junior partners whoserve as senior analysts.

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Investment focus

  • Industry: Internet, E-Commerce, Software
  • Stage:Series D, Series C, Series A
  • Geography: United States, India, Brazil

Investor stats

  • Total investments: 34
  • Round size: Series A $18M–$18M; Series C $45M–$220M; Series D $10M–$425M
  • Lead/follow: 26% lead, 74% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Arkifi — Arkifi is an artificial intelligence company that develops AI-powered financial analyst tools. Arkifi's framework generates consistent results that avoid fabricating factual details (referred to as "hallucination"), instilling enterprises with an unmatched level of confidence in the outcomes.
  • Carepoint Hospitals — Carepoint Hospitals is a network of healthcare facilities providing optimized and patient-centered services.
  • Africa Health Holdings Ltd — Africa Health Holdings cultivates a work-environment that motivates professionals to strive to exceed their expectations. It offers a variety of exciting and challenging careers across Africa and North America. It values teamwork and the enthusiasm to become a contributor to the development and success of local communities across Africa.It wasfounded in 2017 and is headquartered in Accra, Ghana with offices in Nigeria and New York.
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Global Ventures
VC Fund · Dubai, Dubai, United Arab Emirates · 2 investments in Africa Health Care startups

We back global-minded, growth-stage and technology-focused founders in emerging markets and the world.

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Investment focus

  • Industry: Health Care, FinTech, Financial Services
  • Stage:Series A, Seed, Series B
  • Geography: United Arab Emirates, Egypt, United States

Investor stats

  • Total investments: 78
  • Round size: Seed $870k–$13M; Series A $2M–$34M; Series B $8M–$60M
  • Lead/follow: 62% lead, 38% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Hakbah — Hakbah is a Fintech startup focusing on an alternative financial saving. Hakbah is modernizing financial saving via its intelligent platform by offering a comprehensive one-stop-shop solution for Savings Groups to initiate, manage, join, and pay directly within the mobile app.
  • Yodawy — Yodawy is an online pharmacy and insurtech startup that allows customers to order pharmaceuticals and cosmetics via a mobile app and have those delivered through a network of 500+ pharmacies across Egypt. Insurance and copayment benefits are automatically applied with four major insurance carriers onboarded thus far and more in the pipeline.
  • Helium Health — Helium Health empowers healthcare providers in Africa with digital tools, financing solutions, and data partnerships. Learn more about our innovative solutions.
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CRE Venture Capital
VC Fund · New York, New York, United States · 2 investments in Africa Health Care startups

Founded in 2015, CRE Venture Capital invests in early stage tech companies that are levered to Africa. CRE is headquartered in the New York metro area, with a regional office in Lagos, Nigeria.

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Investment focus

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

Investor stats

  • Total investments: 49
  • Round size: Seed $300k–$5M; Pre-Seed $250k–$3.3M; Series A $1.1M–$20M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • Sava — Sava is a multi-management platform that provides an unlimited number of virtual cards as well as automated accounting reconciliation.
  • 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.
  • Bettr — Bettr is a digital banking app for creator. Download the app to get your zero monthly fee digital bank account and virtual card. Join our community of creators, gamers, influencers, freelancers, tiktokkers, streamers, YouTubers and digital gig workers.
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Hustle Fund
VC Fund · San Carlos, California, United States · 2 investments in Africa Health Care startups, 37 in the past 12 months

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.

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Investment focus

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

Investor stats

  • Total investments: 195
  • Round size: Seed $958k–$5.4M; Pre-Seed $77k–$1.5M; Series A $2.1M–$40M
  • Lead/follow: 7% lead, 93% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • SATIM — SATIM provides insights based on satellite radar data acquired regardless of weather and day/night time. Using developed software and algorithms SATIM can solve the problem of optimal information extraction from complex SAR imagery.
  • 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.
  • SquareDash — Claim funding, online invoicing, and collections process automation to help roofers get paid faster.
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FINCA Ventures
VC Fund · Washington, District of Columbia, United States · 2 investments in Africa Health Care startups

FINCA Ventures is an impact investing initiative of FINCA International that provides patient capital and support to early-stage social enterprises.

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Investment focus

  • Industry: Financial Services, Education, Agriculture
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Kenya, Mexico, Sweden

Investor stats

  • Total investments: 15
  • Round size: Seed $1.1M–$4M; Series A $1.1M–$4.2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Kwara — Kwara turns analog credit unions into modern digital banks.
  • FloatPays — Floatpays help your employees achieve financial wellbeing by giving them early access to earned wages.
  • Bamba — We help large companies that want to help their affinity users to solve unforeseen events fast, by minimizing costs, through a smart digital agent embedded in any company’s interface
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KFW DEG
VC Fund · Cologne, Nordrhein-Westfalen, Germany · 2 investments in Africa Health Care startups, 15 in the past 12 months

KFW DEG offers financing, advice and support to private sector enterprises operating in developing and emerging-market countries. Their customers can rely on their expertise: They can benefit from their market knowledge, their 21 locations worldwide, and their international network. For entrepreneurial success and development.

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Investment focus

  • Industry: Financial Services, Finance, Banking
  • Stage:Debt Financing, Grant
  • Geography: India, Kenya, Nigeria

Investor stats

  • Total investments: 50
  • Round size: Grant $100k–$1.1M; Debt Financing $4M–$105M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Etana — PT Etana Biotechnologies Indonesia (Etana) is an emerging producer of high-quality, affordable and innovative biopharmaceuticals to treat a range of metabolic, autoimmune and other major life-threatening diseases, including cancer. Nathan Tirtana. Legend Capital. UOB Venture Management. Innovent Bio
  • BUA Cement — BUA Cement Plc is engaged in the production and marketing of cement under the brand name “BUA Cement”. Presently the company produces CEM II type of cement in accordance with the Nigerian Industrial Standards. BUA Cement is ideal for all construction purposes in Nigeria. Its unique quality makes it the cement of choice for block-making, plasteringand concrete works. Its high early strength, rapid setting and low heat of hydration are all distinct features that characterize our high quality production process.
  • Stima — Premium electric motorcycles and battery swapping technologies to better serve moto-taxi and delivery riders in Africa - Starting in Kenya
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