# Top 30 Startup Investors in Zambia in May 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| Ground Squirrel Ventures | 5 | United States, Zambia, Madagascar | Seed, Series A | Renewable Energy, Solar, Energy |
| Babs Ogundeyi | 2 | Nigeria, Zambia, Pakistan | Seed, Pre-Seed | Financial Services, FinTech, Finance |
| Ventures Platform | 2 | Nigeria, United States, Kenya | Seed, Pre-Seed | Financial Services, FinTech, Internet |
| Electrification Financing Initiative | 2 | United States, Kenya, Nigeria | Debt Financing, Series A | Energy, Solar, Renewable Energy |
| ACE & Company | 2 | United States, Switzerland, United Kingdom | Seed, Series A | Software, FinTech, Financial Services |
| Runa Capital | 2 | United States, Germany, Russian Federation | Series A, Seed, Series B | Software, SaaS, Financial Services |
| Vibe VC | 2 | United States, Zambia, Pakistan | Seed, Pre-Seed, Series A | Financial Services, EdTech, Retail |
| The Todd & Rahul Angel Fund | 2 | United States, Zambia, Nigeria | Seed, Series A, Pre-Seed | Software, Information Technology, Apps |
| Enygma Ventures | 2 | South Africa, Zambia, Swaziland | Seed | Financial Services, Lending, Education |
| GreenTec Capital Partners | 1 | Kenya, Nigeria, Côte d'Ivoire | Seed, Pre-Seed | Information Technology, Agriculture, Computer |
| FINCA Ventures | 1 | Kenya, Mexico, Sweden | Seed, Series A, Pre-Seed | Financial Services, Education, Agriculture |
| Goodwell Investments | 1 | Kenya, South Africa, Nigeria | Series A, Series B, Seed | FinTech, Financial Services, Software |
| Opes Impact Fund | 1 | Kenya, India, Italy | Seed, Series A | Energy, Social Entrepreneurship, Renewable Energy |
| Global Partnerships/Eleos Social Venture Fund | 1 | Uganda, Zambia | Series A, Series B | Logistics, Agriculture, Car Sharing |
| Goodwater Capital | 1 | United States, India, South Korea | Seed, Series A, Series B | FinTech, Financial Services, E-Commerce |
| Jag Singh | 1 | United Kingdom, Germany, United States | Pre-Seed, Seed, Angel | Software, FinTech, Financial Services |
| Blockchain Founders Fund | 1 | United States, United Kingdom, Canada | Seed, Pre-Seed | Blockchain, Cryptocurrency, Financial Services |
| Twilio | 1 | United States, Egypt, Brazil | Seed, Series A, Series B | Software, SaaS, Information Technology |
| UNDP | 1 |  |  |  |
| InfraCo Africa | 1 | India, Kenya, France | Seed | Electric Vehicle, AgTech, Agriculture |
| Earl Grey Capital | 1 | United States, India, Canada | Seed, Pre-Seed, Series A | SaaS, B2B, E-Learning |
| Not Boring Capital | 1 | United States, Canada, Zambia | Seed, Pre-Seed | Cryptocurrency, FinTech, Blockchain |
| FMO | 1 | India, The Netherlands, Kenya | Debt Financing, Series B | Financial Services, Finance, FinTech |
| Jordan Engineering | 1 | Zambia | Seed | Agriculture, Financial Services |
| Tiger Global Management | 1 | United States, India, China | Series B, Series A, Series C | Software, FinTech, Financial Services |
| Patrick J. McGovern Foundation | 1 | United States, Kenya, Switzerland | Grant, Pre-Seed | Non Profit, Education, Health Care |
| Shell Foundation | 1 | India, Kenya, United States | Grant, Seed, Series A | Energy, Agriculture, Solar |
| Finnfund | 1 | Kenya, India, South Africa | Debt Financing, Series B | Financial Services, FinTech, Renewable Energy |
| Zenga Ventures | 1 | Zambia | Seed | Apps, Software, Business Information Systems |
| Danish Investment Fund for Developing Countries | 1 | France, Myanmar |  | Water, Energy, Finance |

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