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Top 35 Startup Investors in Tanzania (May 2026)

The most active venture capital funds and angel investors investing in Tanzania startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Tanzania 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
5 Nigeria, South Africa, Kenya Seed, Pre-Seed Financial Services, FinTech, Information Technology $200k–$3M
FINCA Ventures
VC Fund
2 Kenya, Mexico, Sweden Seed, Series A, Pre-Seed Financial Services, Education, Agriculture $1.1M–$4.2M
NEC Capital Solutions
VC Fund
2 Japan, United States, Tanzania Series B, Series A Manufacturing, Information Technology, Internet $5.1M–$536M
Raba Partnership
VC Fund
2 South Africa, United States, Egypt Seed, Series A, Pre-Seed Financial Services, FinTech, Finance $1M–$40M
Goodwell Investments
VC Fund
2 Kenya, Nigeria, South Africa Series A, Series B FinTech, Financial Services, Software $1.5M–$14M
Development Bank of Japan
VC Fund
2 Japan, Tanzania, Singapore Series A, Series D Manufacturing, Robotics, Health Care $7.7M–$1.2B
J-POWER
VC Fund
2 Japan, Tanzania Series A, Corporate Round, Seed Renewable Energy, Water, Biotechnology $7.7M–$60M
Acasia Ventures
VC Fund
2 Egypt, Nigeria, Kenya Seed, Pre-Seed Financial Services, FinTech, E-Commerce $750k–$2.5M
Planet N Group of Companies
VC Fund
1 Pakistan, Oman, Egypt Seed, Pre-Seed, Series A Artificial Intelligence, Information Technology, Financial Services $850k–$5M
The MBA Fund
VC Fund
1 United States, France, Colombia Seed, Pre-Seed Health Care, Food and Beverage, Internet $100k–$13M
International Finance Corporation
VC Fund
1 India, Brazil, United States Debt Financing, Series B Financial Services, FinTech, Finance $5M–$300M
Andrew Vigneault
Angel
1 United States, India, Mexico Seed, Series A, Pre-Seed Software, FinTech, Financial Services $500k–$32M
Peeyush Ranjan
Angel
1 United States, India, Tanzania Seed, Series B SaaS, Internet, Software $3.7M–$10M
Ventures Platform
VC Fund
1 Nigeria, United States, Kenya Seed, Pre-Seed Financial Services, FinTech, Internet $50k–$4.4M
Aaron Fu
Angel
1 Kenya, Egypt, Nigeria Seed, Pre-Seed Financial Services, Apps, Software $100k–$1M
Accion Venture Lab
VC Fund
1 United States, India, Brazil Seed, Series A Financial Services, FinTech, Finance $500k–$7.5M
Alex Bouaziz
Angel
1 United States, Mexico, Colombia Seed, Series A, Series C Software, FinTech, Financial Services $2.8M–$10M
Laura Spiekerman
Angel
1 United States, Tanzania Seed, Series A SaaS, Banking, Software
DCG Expeditions
VC Fund
1 United States, India, Nigeria Seed, Pre-Seed, Series A Financial Services, FinTech, Blockchain $350k–$10M
Sajid Rahman
Angel
1 India, Nigeria, Kenya Seed, Pre-Seed Financial Services, FinTech, Banking $385k–$6M
Amplo
VC Fund
1 United States, India, Kenya Seed, Series A, Series B Software, FinTech, Financial Services $2.3M–$100M
Musha Ventures
VC Fund
1 United States, Nigeria, Kenya Seed, Pre-Seed, Series A Financial Services, Software, FinTech $50k–$10M
Jared Schrieber
Angel
1 Hungary, United States, Mexico Pre-Seed, Seed, Series A Software, Information Technology, Hospitality
Vlad Tenev
Angel
1 United States, India, Tanzania Seed, Series A, Series B Financial Services, Artificial Intelligence, FinTech $4.7M–$10M
NEC Corporation
VC Fund
1 United States, Japan, Israel Series B, Series A Software, Manufacturing, Information Technology $7.7M–$536M
Nyca Partners
VC Fund
1 United States, United Kingdom, Singapore Series A, Seed, Series B FinTech, Financial Services, Software $2.2M–$45M
Bill & Melinda Gates Foundation
VC Fund
1 United States, United Kingdom, India Grant, Series A, Series B Biotechnology, Health Care, Pharmaceutical $546k–$61M
9Yards Capital
VC Fund
1 United States, United Kingdom, Canada Series A, Series B, Seed FinTech, Financial Services, Software $2M–$30M
Bessemer Venture Partners
VC Fund
1 United States, Israel, India Series B, Series A, Series C Software, Information Technology, SaaS $4.4M–$68M
VentureSouq
VC Fund
1 United States, United Arab Emirates, Saudi Arabia Seed, Series A, Series B FinTech, Financial Services, Software $250k–$50M
SMBC Venture Capital
VC Fund
1 Japan, United States, Mexico Series A, Series B Health Care, Information Technology, Software $18M–$357M
GMC coLABS
VC Fund
1
Finnfund
VC Fund
1 Kenya, India, South Africa Debt Financing, Series B Financial Services, FinTech, Renewable Energy $4.5M–$96M
The Continent Venture Partners
VC Fund
1 Tanzania Pre-Seed Financial Services
Flexcap
VC Fund
1
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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 · 5 investments in Tanzania 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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FINCA Ventures
VC Fund · Washington, District of Columbia, United States · 2 investments in Tanzania 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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NEC Capital Solutions
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Tanzania startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

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

The Raba Partnership, Raba Capital, Raba

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Investment focus

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

Investor stats

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

Portfolio highlights

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

Goodwell Investments is a pioneering investment firm focused on financial inclusion, fintech and inclusive growth in sectors providing

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Series A, Series B
  • Geography: Kenya, Nigeria, South Africa

Investor stats

  • Total investments: 35
  • Round size: Series A $1.5M–$7.5M; Series B $2M–$14M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • MFS Africa — MFS Africa is the largest mobile money inter-operability hub in Africa, which connects mobile network operators across the continent through a single API. In addition to mobile remittance services, the MFS Africa API enables merchant payment, bulk payment, bank-to-wallet transfers, and an array of other cross border digital payments services.
  • SOUK Farms — SOUK Farms is a fresh horticulture supply grower and exporter that pioneers innovation to improve agricultural sustainability and stimulate economic and social development.
  • 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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Development Bank of Japan
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Tanzania startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

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

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • GITAI — GITAI is a robotics startup for space development. The company aims to replace astronauts with robots that can work for a long time while being remotely controlled from earth while in low earth orbit space stations to decrease the burden on astronauts, shorten the time it takes to perform work in space, and reduce costs.
  • WOTA — Human history is the history of our relationship with water. Water gave rise to our civilizations. Water has nourished people's livelihoods. This means that humans need water supplies, such as rivers and lakes, to survive. At WOTA, we desire to remove every limitation we have in relation to water. By integrating small water systems into the“big water infrastructure” of the past, we can achieve a more creative and sustainable way of life. That is our belief. In cities and deserts, remote islands, and outer space. We imagine a future where water is freely available to all people. Our work will always continue.
  • Kyoto Fusioneering — Kyoto Fusioneering is a research & development, design, and manufacture of parts related to fusion reactors.
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Acasia Ventures
VC Fund · Cairo, Al Qahirah, Egypt · 2 investments in Tanzania startups, 8 in the past 12 months

Acasia Ventures is a leading venture capital firm that invests in early-stage companies throughout the Middle East and Africa. With a focus on being a first believer in innovation and entrepreneurship, the firm strives to support the growth of the next generation of market leaders through their unique and scalable solutions. Its Tech Fund I iscurrently targeting investments in tech-driven and tech-enabled startups at the pre-Seed to pre-Series A stages.

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Investment focus

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

Investor stats

  • Total investments: 16
  • Round size: Seed $750k–$2.5M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Lengo — Lengo is an AI based intelligence platform that offers a large database on consumer goods for companies in the FMCG sector.
  • Menthum — Saving Made Simple
  • Precision Cardiovascular — Precision Cardiovascular is a unique sensor system for remote monitoring of patients with acute heart failure that provides unbiased data to improve long-term health outcomes and reduce the expenses of emergency situations.
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Planet N Group of Companies
VC Fund · London, England, United Kingdom · 1 investments in Tanzania startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • MContent — myco powered by MContent is a web3 video streaming, funding, production, and distribution platform where viewers earn from watching content and creators earn from creating content.
  • WoW Health Solutions — WoW Health Pakistan Provides Best Healthcare Solutions In Pakistan. Connect With Doctor via Phone Call Or Call Doctor At Home Anytime.
  • Prosper Technologies — Cloud platform for financial data
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The MBA Fund
VC Fund · Palo Alto, California, United States · 1 investments in Tanzania startups

The MBA Fund is a VC fund and network of founders, executives and investors committed to mentoring and investing in leading early-stage, student and alumni founders. The firm was founded in 2018 by Josh Hoffman-Senn, Hiro Tien, Sieva Kozinsky and Hansae Catlett.

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Investment focus

  • Industry: Health Care, Food and Beverage, Internet
  • Stage:Seed, Pre-Seed
  • Geography: United States, France, Colombia

Investor stats

  • Total investments: 40
  • Round size: Seed $1.7M–$13M; Pre-Seed $100k–$1M
  • Lead/follow: 0% lead, 100% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • PartnerSlate — PartnerSlate is an online platform that helps food and beverage brands make the right strategic partnerships to get their next product to market. Brands can discover, connect, and build relationships with contract manufacturers and other food industry partners across North America.
  • Portabl — Portabl blends financial application sign up and account maintenance into a single function backed by decentralized identity standards.
  • 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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Access 48,091 investors

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

Browse database — It's Free!
International Finance Corporation
VC Fund · Washington, District of Columbia, United States · 1 investments in Tanzania startups, 26 in the past 12 months

A strong and engaged private sector is indispensible to ending extreme poverty and boosting shared prosperity. That's where IFC comes in - we have more than 60 years experience in unlocking private investment, creating markets and opportunities where they are needed most.

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Debt Financing, Series B
  • Geography: India, Brazil, United States

Investor stats

  • Total investments: 255
  • Round size: Series B $5M–$30M; Debt Financing $20M–$300M
  • Lead/follow: 53% lead, 47% follow
  • Last fund: May invest from a new fund soon — last raise in 2016

Portfolio highlights

  • SteinCares — SteinCares is a supplier of specialty healthcare products, such as complex generics, biosimilars, and cutting-edge pharmaceuticals.
  • Veritas Finance — Veritas Finance focuses on meeting the financial needs of the micro, small, and medium enterprises. Veritas Finance Private Limited is an organization started with the primary intention of reaching out to the customers who either have no access or inadequate access to financial services in the informal sector. 'Veritas' in Latin meanstruth. True to its name, Veritas is focused on making a true impact through inclusive access to financial services on the customers engaged in informal activities.The company is run by professionals with rich experience in the financial services industry that aims to make availing credit easy to this segment and make a positive impact on the lives of millions of Indians engaged in informal activities and who actually build the nation.
  • Mahindra Last Mile Mobility — Mile Mobility is a division of M&M that is in charge of the company's well-known mix of petrol, CNG, diesel, and electric last mile mobility 3- and 4-wheelers - passenger and freight vehicles.
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Andrew Vigneault
Angel · New York, New York, United States · 1 investments in Tanzania startups

Andrew is a successful entrepreneur as well as investor and advisor to more than 100 early-stage startups across enterprise SaaS and fintech. He founded and served as CEO of ClearGraph (acquired by Tableau (NYSE: DATA)). Andrew is a top .5% contributor to Stanford StartX (2k+ entrepreneurs). Earlier in his career, he served multiple roles inventure and investment banking, and holds a B.S. in Finance, summa cum laude, from the Gabelli School of Business.

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Investment focus

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

Investor stats

  • Total investments: 35
  • Round size: Seed $1.5M–$5M; Pre-Seed $500k–$2.3M; Series A $13M–$32M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Nav.it — Uniting behavioral science and health tracking, Nav.it's financial app is the first of its kind to create daily financial habits that reduce financial stress and create lasting behavioral change, using the power of prescriptive analytics.
  • Helicone — Monitoring usage and costs for language models shouldn't be a hassle. With Helicone, you can focus on building your product, not building and maintaining your own analytics solution.
  • Synthpop — Use AI to improve speed and accuracy, without compromising security. Synthpop supports patient-centered care with fine-tuned GPT language models, enhancing and streamlining your clinical workflows.
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Peeyush Ranjan
Angel · Palo Alto, California, United States · 1 investments in Tanzania startups

Peeyush Ranjan is the GM and VP of Google Pay, Fintech, and Next Billion Users at Google. He attended the Indian Institute of Technology Kharagpur.

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Investment focus

  • Industry: SaaS, Internet, Software
  • Stage:Seed, Series B
  • Geography: United States, India, Tanzania

Investor stats

  • Total investments: 5
  • Round size: Seed $3.7M–$10M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Koji — Koji is the world’s most powerful Link in Bio platform. With hundreds of free apps created by Koji and its community of independent developers, the Koji Link in Bio gives leading Creators on TikTok, Instagram, Twitch, and other social media platforms new ways to engage audiences, connect with supporters, and monetize.
  • Hatica — Hatica aggregates activity from all your work apps to power software engineering dashboards and gen AI-driven insights to help teams drive velocity, alignment and well-being.
  • Nala — A new kind of mobile money transfer for Africans worldwide! Make safe, affordable, and reliable international payments to Kenya, Tanzania, and Uganda.
Show all investments...

Ventures Platform
VC Fund · Abuja, Federal Capital Territory, Nigeria · 1 investments in Tanzania 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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Aaron Fu
Angel · Nairobi, Nairobi Area, Kenya · 1 investments in Tanzania startups

Aaron has 10+ years of global experience building, scaling and investing in technology products in corporate and startup environments. He has co-founded both B2B & B2C businesses, in Africa - he has led seed stage equity investments in 20+ startups (totaling $2m+), driven the exit of 3 startups in Africa, he also sits on the board of ofstartups ranging from AgriTech to Transport and has worked with 100s through partners like Visa, MTN, Airbus, Société Générale and the World Bank.Prior to the Catalyst Fund, he was the Managing Director of MEST, Africa’s Largest Pre-Seed Incubator, and Managing Partner for Africa at Nest.vc, a Hong Kong based fund, which he joined after a career in financial services.

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Investment focus

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

Investor stats

  • Total investments: 16
  • Round size: Seed $100k–$1M; Pre-Seed $200k–$280k
  • Lead/follow: 69% lead, 31% follow

Portfolio highlights

  • OkHi — Smart addressing for emerging markets. Enabling businesses to collect an accurate address, navigate to it without getting lost and verity it remotely.
  • Nala — A new kind of mobile money transfer for Africans worldwide! Make safe, affordable, and reliable international payments to Kenya, Tanzania, and Uganda.
  • 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.
Show all investments...

Accion Venture Lab
VC Fund · Washington, District of Columbia, United States · 1 investments in Tanzania startups, 9 in the past 12 months

Accion Venture Lab is an investment initiative that provides startups with seed capital and support.

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Seed, Series A
  • Geography: United States, India, Brazil

Investor stats

  • Total investments: 104
  • Round size: Seed $500k–$6.4M; Series A $2.5M–$7.5M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Licify — Licify, a procurement cloud-based platform specialized in the construction industry, has redefined interactions between developers, contractors, sub-contractors and suppliers. It creates a community developing transparent and efficient realtionships allthrough the value chain. This improves the procurement and supply processes, generating savingsand increasing profitability.
  • Bababos — Bababos is a platform that allows SME manufacturers to quickly access a variety of high-quality raw materials, from polymers and chemicals to steel and other metal products. This eliminates the need to handle numerous suppliers. The company's platform streamlines the buying process by digitizing administrative duties. Additionally, Bababosprovides manufacturers with flexible payment options that lessen their financial burden and enable them to concentrate on what they do best—producing high-quality products. Bababos enhances the SME producers' supply chains.
  • Channel19 — Channel19 is building a platform for small truckers to aggregate freight from all of their digital broker and load board relationships in one place and find the best freight to move for their business. Truckers using Channel19 earn up to 20% more revenue and can save over $3,000 per truck per year in dispatch.
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Alex Bouaziz
Angel · San Francisco, California, United States · 1 investments in Tanzania startups

Alex Bouaziz co-founded Deel in 2018 where he now currently serves as chief executive officer. Earlier in his career, Alex has helped build startups such as Sarona Ventures, Lifeslice, and Cryptofighters.Alex is an MIT alumnus holding a master's degree in civil and environmental engineering. He also holds a BSc in civil and environmentalengineering from Technion - Israel Institute of Technology.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Seed, Series A, Series C
  • Geography: United States, Mexico, Colombia

Investor stats

  • Total investments: 17
  • Round size: Seed $2.8M–$10M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Nowports — Nowports is a digital freight forwarder that helps companies improve the import process. It serves as a platform through which companies and individuals can manage their imports and exports in real time.The company uses AI to make the import process easy, secure, and transparent. The platform allows to request a quote, register the products andproviders that the company mostly uses, and book shipments from any port.
  • Riot — Meet Riot, the all-in-one platform that drives better protection for your team.
  • Async — Free up your calendar with voice messages you can read, share and respond to whenever you want.
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Laura Spiekerman
Angel · San Francisco, California, United States · 1 investments in Tanzania startups

Laura Spiekerman is a co-founder and serves as CRO at Alloy. Prior to Alloy, Laura served as the head of business development and strategic partnerships at a payments company and a research/investments analyst in emerging markets at Imprint Capital Advisors.Laura holds a degree in political science from Barnard College and ColumbiaUniversity.

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Investment focus

  • Industry: SaaS, Banking, Software
  • Stage:Seed, Series A
  • Geography: United States, Tanzania

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Nala — A new kind of mobile money transfer for Africans worldwide! Make safe, affordable, and reliable international payments to Kenya, Tanzania, and Uganda.
  • Vergo — Vergo is a financial technology company and is not a bank. Banking services provided by Blue Ridge Bank, N.A.; Member FDIC.
  • LaunchNotes — Thousands of leading companies use LaunchNotes to launch new products, announce new features, share product roadmaps, collect customer feedback, and more.
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DCG Expeditions
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 1 investments in Tanzania startups

Luno Expeditions is a global early-stage investor supporting fintech & crypto founders on their journeys to build the next generation of financial services.

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Investment focus

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

Investor stats

  • Total investments: 23
  • Round size: Seed $800k–$10M; Pre-Seed $350k–$1.5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Onmeta — Onmeta
  • 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.
  • Sealance Corp. — Sealance provides financial services, cryptography and other services.
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Sajid Rahman
Angel · Jakarta, Jakarta Raya, Indonesia · 1 investments in Tanzania startups

Sajid currently works as Managing Partner at MyAsiaVC He attended London Business School.

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Investment focus

  • Industry: Financial Services, FinTech, Banking
  • Stage:Seed, Pre-Seed
  • Geography: India, Nigeria, Kenya

Investor stats

  • Total investments: 15
  • Round size: Pre-Seed $385k–$6M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • ImaliPay — ImaliPay is a financial health platform offering financial products to freelancers and blue collar gig workers in partnership with gig platforms.
  • Krave Mart — Krave Mart is a quick-commerce startup offering the delivery of groceries and other products in 10 minutes.
  • EquityList — Equity management with online cap table management and employee stock option programs (ESOP) administration. Available free for Indian startups
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Amplo
VC Fund · Spring, Texas, United States · 1 investments in Tanzania startups

Amplo is a global venture capital firm helping build companies that matter. It specializes in the fields of financial services, venture capital and financial exchanges. Amplo was founded in 2017 and headquartered in Spring, Texas.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: United States, India, Kenya

Investor stats

  • Total investments: 55
  • Round size: Seed $2.3M–$10M; Series A $4M–$14M; Series B $21M–$100M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Helm.ai — Helm.ai is a scalable artificial intelligence for autonomous vehicle.
  • Nodal — Nodal is a platform that efficiently connects vetted surrogates and intended parents, offering transparency, equity, education, and support for all parties on their journey.
  • 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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Musha Ventures
VC Fund · New York, New York, United States · 1 investments in Tanzania 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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Jared Schrieber
Angel · Budapest, Budapest, Hungary · 1 investments in Tanzania startups

Jared Schrieber - Co-Founder & Board Member @ Numerator

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Investment focus

  • Industry: Software, Information Technology, Hospitality
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Hungary, United States, Mexico

Investor stats

  • Total investments: 9
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • Algori — Improving FMCG growth with the fastest and most granular insights from 45,000 shoppers in Spain
  • Ramani — Ramani is an application for salespeople to track their inventory, register their customers and record their sales transactions.
  • Giggle — Giggle is an hourly workforce marketplace serving the flexible needs of the modern labour market. Via instant matchmaking technology, quality assurance system and staffing support, Giggle eases the full staffing, recruiting and employment lifecycle of low skilled workers. The instant and short term matchmaking process provides better schedulingand budgeting opportunities for students, gig workers and employees alike.The company primarily serves hospitality, logistics and retail businesses facing post-covid workforce problems, bridging the demand between rigid operating hours and flexible individual needs.Founded in 2022 in Budapest, Giggle is currently seeking partners, investors and talent to scale across various European markets.
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Vlad Tenev
Angel · Palo Alto, California, United States · 1 investments in Tanzania startups

Vlad Tenev is the co-founder and co-CEO of Robinhood. A first-generation immigrant from Bulgaria, Tenev earned his B.S. in Mathematics at Stanford University before starting two finance companies in New York City, selling trading software to hedge funds. In 2013, Tenev and longtime friend Baiju Bhatt co-founded Robinhood, a zero commissionbrokerage dedicated to democratizing the finance system. The company has millions of users across the country and is currently valued at $5.6 billion.

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Investment focus

  • Industry: Financial Services, Artificial Intelligence, FinTech
  • Stage:Seed, Series A, Series B
  • Geography: United States, India, Tanzania

Investor stats

  • Total investments: 16
  • Round size: Seed $4.7M–$10M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Lightning Labs — Building faster, cheaper, global layer-two bitcoin
  • Nala — A new kind of mobile money transfer for Africans worldwide! Make safe, affordable, and reliable international payments to Kenya, Tanzania, and Uganda.
  • Parafin — Parafin provides you with an end-to-end solution to offer one-click financing to your sellers.
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NEC Corporation
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Tanzania startups

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

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Investment focus

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

Investor stats

  • Total investments: 25
  • Round size: Series A $7.7M–$50M; Series B $10M–$536M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • CropX — CropX Agronomic Farm Management System is an easy-to-use hardware and software system that provides guidance for successful farming.
  • Flyhound — Flyhound is a public safety solution to help find people fast. We enable public safety agencies using commercial drones to locate and identify mobile phones on the ground to assist in rescue efforts, locate missing persons, evacuate disaster victims, find criminal suspects, and more.
  • BostonGene — BostonGene Corporation is pioneering the use of biomedical software for advanced patient analysis and personalized therapy decision making in the fight against cancer. BostonGene’s unique solution performs sophisticated analytics to aid clinicians in their evaluation of viable treatment options for each patient's individual genetics, tumor andtumor microenvironment, clinical characteristics and disease profile. BostonGene’s mission is to enable physicians to provide every patient with the highest probability of survival through optimal cancer treatments using advanced, personalized therapies
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Nyca Partners
VC Fund · New York, New York, United States · 1 investments in Tanzania startups, 9 in the past 12 months

Nyca is a leading venture capital firm focused on connecting innovative companies to the global financial system.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Series A, Seed, Series B
  • Geography: United States, United Kingdom, Singapore

Investor stats

  • Total investments: 139
  • Round size: Seed $2.2M–$9.7M; Series A $8.5M–$40M; Series B $12M–$45M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

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.
  • Certificial — Get real-time certificate of insurance issuance + compliance management in one simple platform. Get a demo today!
  • Bequest Finance — Succession and protection for digital assets. Trusts, Wills, Payable on Death, LLCs, tax efficient structuring for Crypto, Documents, Email data, and more.
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Bill & Melinda Gates Foundation
VC Fund · New York, New York, United States · 1 investments in Tanzania startups, 33 in the past 12 months

We are a nonprofit fighting poverty, disease, and inequity around the world

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Investment focus

  • Industry: Biotechnology, Health Care, Pharmaceutical
  • Stage:Grant, Series A, Series B
  • Geography: United States, United Kingdom, India

Investor stats

  • Total investments: 163
  • Round size: Grant $546k–$13M; Series A $2.3M–$56M; Series B $5M–$61M
  • Lead/follow: 71% lead, 29% follow
  • Last fund: May invest from a new fund soon — last raise in 2017

Portfolio highlights

  • STRM.BIO — STRM.BIO specializes in the fields of biotechnology and life science.
  • Scentian Bio — Scentian Bio operates as a platform that provides ultimate sensing solution.
  • AN2 Therapeutics — AN2 Therapeutics, Inc. is a California-based global health biopharmaceutical company focused on modern biomedical and drug development expertise to provide transformational medicines for patients suffering from infectious diseases. The company was founded in 2017 and is headquartered in Menlo Park, California, United States.
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9Yards Capital
VC Fund · San Francisco, California, United States · 1 investments in Tanzania startups, 9 in the past 12 months

Growth-stage venture capital.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Series A, Series B, Seed
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 100
  • Round size: Seed $2M–$7M; Series A $7.4M–$30M; Series B $14M–$25M
  • Lead/follow: 4% lead, 96% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Loop — Control your freight spend with Loop. A tech-first audit and pay platform loved by Shippers, Carriers and 3PLs.
  • Parade — Parade capacity management helps freight brokerages and 3PLs automate more of the booking process than ever before.
  • Terminal Industries — Terminal Logistics is automating the yard, one of the last great frontiers of untapped value in transportation.
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Bessemer Venture Partners
VC Fund · Redwood City, California, United States · 1 investments in Tanzania startups, 62 in the past 12 months

For the entrepreneurs who want to create revolutions of their own.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Series B, Series A, Series C
  • Geography: United States, Israel, India

Investor stats

  • Total investments: 923
  • Round size: Series A $4.4M–$30M; Series B $7.5M–$40M; Series C $10M–$68M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Apron — Sort, pay and reconcile your invoices in seconds.
  • Plenful — Plenful increases efficiency, ROI, and data accuracy around manual, administrative healthcare operational workflows.
  • Farther Finance — Everything we do is to help you grow and protect your wealth. We strive to expand your choices and remove obstacles to building the life you want to live.
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VentureSouq
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in Tanzania 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: 138
  • 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

  • Silkhaus — A seamless, sophisticated experience you can rely on. Choose from the wide variety of furnished Boutique Flats & Apartments for short and long-term stays in UAE from Silkhaus
  • Vendease — Grow your business with access to meal costing, inventory, and restaurant management tools. Make payments easily and get the data you need to scale faster.
  • 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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822 industries, 177 countries. Updated daily. Emails and phones included.

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SMBC Venture Capital
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Tanzania startups, 7 in the past 12 months

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

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Investment focus

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

Investor stats

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

Portfolio highlights

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

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

Portfolio highlights

  • Taimba Limited — Taimba is a B2B mobile-based platform connecting farmers to urban traders with aim of reducing food wastage and to stabilize market prices.
  • WomenChoice Industries — WomenChoice Industries is a manufacturer and distributor of low-cost, affordable, reusable sanitary towels.
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Finnfund
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Tanzania startups, 8 in the past 12 months

Finnfund is a Finnish development finance company that provides long-term risk capital for private projects in developing countries. Apart from co-investing with Finnish companies they can finance ventures that use Finnish technology, cooperate with Finnish partners on a long-term basis or generate major environmental or social benefits.

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Investment focus

  • Industry: Financial Services, FinTech, Renewable Energy
  • Stage:Debt Financing, Series B
  • Geography: Kenya, India, South Africa

Investor stats

  • Total investments: 40
  • Round size: Series B $5M–$27M; Debt Financing $4.5M–$96M
  • Lead/follow: 58% lead, 42% 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.
  • Satya MicroCapital — Satya MicroCapital is an NBFC-MFI that offers collateral-free credit to micro enterprises on the basis of strong credit assessment and a centralised approval system.SATYA started its microfinance operations by adopting the “Joint Liability Group (JLG) Model” with adequate use of technology and new adaptations. JLGs of SATYA means implementationsof Joint Liability of group members which exists up to 10 instalments in Bi-Weekly collections. The Company believes in the ideology to bring social touch and high technology in the Indian microfinance industry.The JLG lending operation mainly focuses on a woman (in case of SATYA, her husband acts as co-borrower) through a credit product that allows her to start a new business or enhance her existing business as well. SATYA provides prompt, convenient and affordable collateral-free credit to people at the bottom of the pyramid through a strong credit assessment and centralized approval.The Company started its microfinance operation from Sikandrabad Branch, Bulandshar District of Uttar Pradesh and the first token disbursement was done in November 2016. SATYA utilized demonetization as an opportunity to rework on the business strategy through cashless transactions. SATYA is an institution build with a vision of change, transformation and will be a differentiator in financial inclusion space and its approach is well recognized by industry experts and professionals across different sectors. SATYA is committed to being a socially responsible organization with a focus on Health, Education, Financial Literacy, Nasha-Mukt Samaaj, Gender Equality, and Swachh Bharat. The Company is spreading social awareness messages in its area of operations.
  • 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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The Continent Venture Partners
VC Fund · Potomac, Maryland, United States · 1 investments in Tanzania startups

The Continent Venture Partners is a venture capital firm that offers investing in early-stage and growth capital for startup companies.

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Investment focus

  • Industry: Financial Services
  • Stage:Pre-Seed
  • Geography: Tanzania

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • 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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Flexcap
VC Fund · 1 investments in Tanzania startups

Flexcap is a financial platform that disrupts traditional capital markets.

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Investor stats

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

Portfolio highlights

  • Ramani — Ramani is an application for salespeople to track their inventory, register their customers and record their sales transactions.
  • Synthpop — Use AI to improve speed and accuracy, without compromising security. Synthpop supports patient-centered care with fine-tuned GPT language models, enhancing and streamlining your clinical workflows.
  • Kindo — Kindo elevates the workforce by providing the only truly open AI platform for all businesses.
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Investor funding in Tanzania at a glance

Stats across 60 deals from 101 investors.

101
investors
in Tanzania startups
60
deals
in Tanzania startups
$2.6M
median round
in Tanzania startups
34%
lead investors
lead at least one round
23%
Seed
most common funding stage
92/8
VC / Angel
share of investor count

Access all 101 investors in Tanzania startups.

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