# Top 25 Medical Device Startup Investors in Africa in October 2023

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| Futuregrowth Asset Management | 2 | South Africa, France, United States | Seed, Series B | Software, Financial Services, Medical Device |
| FINCA Ventures | 2 | Kenya, Mexico, Sweden | Seed, Series A, Pre-Seed | Financial Services, Education, Agriculture |
| Chandaria Capital | 2 | Kenya, United States, Egypt | Seed, Series A, Pre-Seed | E-Commerce, FinTech, Software |
| Bose Ventures | 2 | United States, Denmark, South Africa | Series B, Series A | Software, Wearables, Artificial Intelligence |
| SAB Foundation | 1 | South Africa |  | Health Care, Manufacturing, Medical Device |
| Shaka Ventures | 1 | China, Egypt, Kenya | Seed, Private Equity | Mobile, Banking, Payments |
| Selma Ribica | 1 | Kenya, Nigeria | Seed, Pre-Seed | Payments, Software, Health Care |
| Launch Africa | 1 | Nigeria, South Africa, Kenya | Seed, Pre-Seed | Financial Services, FinTech, Information Technology |
| The ASISA ESD Fund | 1 | South Africa | Seed, Series A, Series B | FinTech, Internet, InsurTech |
| Shakir Merali | 1 | Kenya, Mauritius | Seed, Series C | Credit, FinTech, Lending |
| Verge HealthTech Fund | 1 | Singapore, Estonia, Taiwan | Seed, Pre-Seed | Health Care, Medical Device, Medical |
| TLcom Capital Partners | 1 | Nigeria, United States, United Kingdom | Series A, Series B | Software, Mobile, Information Technology |
| Ventures Platform | 1 | Nigeria, United States, Kenya | Seed, Pre-Seed | Financial Services, FinTech, Internet |
| Newtown Partners | 1 | South Africa, Kenya, Nigeria | Seed, Series A | Logistics, Health Care, Information Technology |
| Five35 Ventures | 1 | South Africa, Kenya, Nigeria | Seed, Pre-Seed | Information Technology, Health Care, Wellness |
| Technology Innovation Agency | 1 | South Africa | Grant, Seed, Pre-Seed | Information Technology, Renewable Energy, Health Care |
| Bill & Melinda Gates Foundation | 1 | United States, United Kingdom, India | Grant, Series A, Series B | Biotechnology, Health Care, Pharmaceutical |
| Consonance Investment Managers | 1 | Nigeria, United States, Kenya | Seed, Series A, Pre-Seed | Software, Information Technology, FinTech |
| DOB Equity | 1 | Kenya, Rwanda, Tanzania | Private Equity, Seed | Food and Beverage, Farming, Health Care |
| Global Ventures | 1 | United Arab Emirates, Egypt, United States | Series A, Seed, Series B | Health Care, FinTech, Financial Services |
| Aadil Mamujee | 1 | United States, India, Kenya | Seed, Pre-Seed, Series B | SaaS, Cryptocurrency, Software |
| Future Africa | 1 | Nigeria, United States, Kenya | Seed, Pre-Seed, Series A | Financial Services, FinTech, Information Technology |
| Sphere Holdings | 1 | South Africa | Series A | Software, Web Apps, Health Care |
| Musha Ventures | 1 | United States, Nigeria, Kenya | Seed, Pre-Seed, Series A | Financial Services, Software, FinTech |
| Greentree Investment Comany | 1 | Nigeria | Seed, Pre-Seed | Logistics, Health Care, Medical Device |

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