Top 5 Non Profit VC Funds & Investors in Africa (October 2023)

Portfolio highlights

• Inspired — Inspired is a co-educational, non-denominational, independent school group designed to inspire students to achieve their maximum potential in a nurturing, progressive academic environment from ages 1 to 18.

Portfolio highlights

• Northern Arc — Northern Arc Capital is a non-banking finance company that provides access to debt for under-served investors and businesses. Northern Arc Capita connects originators so that they may deepen their presence and provide access to financial services to millions of under-served households. Northern Arc Capital formerly Known as IFMR Capital. It wasfounded in 2008 and is headquartered in Chennai, India.
• Accial Capital — Accial Capital is an impact-focused, tech-enabled investor in small business and consumer loan portfolios in Latin America and South East Asia. Accial Capital combines data, technology, capital and credit expertise to contribute to a world of widespread credit access and financial health.
• Sunwealth Power — Sunwealth is a clean energy investment firm who curates high-performance commercial solar projects that deliver clean energy and boast exceptional return potential for our investors.

Portfolio highlights

• Kaleidofin — Kaleidofin is a fintech platform that provides complete financial solutions for excluded individuals and households. The platform propels under-banked customers towards meeting their real life goals by providing intuitive and tailored financial solutions. Their solutions take into account the financial roadblocks and vulnerability that thesesegments, such as volatile income streams and limited understanding of the fine print in financial products.Kaleidofin creates individual profiles of households based on several sources and uses that information to tailor its services for each customer. It also provides curated, goal-based financial solutions to people in the underbanked segments. It will leverage the full India stack, existing networks, analytics, structuring, and user-centered design to drive outcomes for customers, in the processKaleidofin was founded in 2017 and is headquartered in Chennai, Tamil Nadu, India.
• Prestamype — Prestamype was launched in 2017 with the aim of providing a broader access to funding to micro and small businesses, with better credit conditions. With its first product, a secured working capital loan with a real estate collateral, it has lent over USD 24 million to 750 Peruvian entrepreneurs (as of 1st of October 2021). In 2019, Prestamypelaunched its online FX platform called Cambio Seguro. In 2020, the company launched its digital factoring product. In 2021, INCA Ventures and Angel Ventures Peru (AVP), two leading funds in Peru, invested in the company.
• Annapurna Finance — Annapurna Finance operates as a micro finance company. We offer agricultural loans, money loans, small business loans, insurance and home improvement loans at their doorstep.

Portfolio highlights

• Inoxico — Inoxico is a provider of business-to-business credit risk solutions. We combine quality data and cutting edge technology to deliver predictive analytics.
• Kombo King — Kombo King Ventless Fryer Tech removes the need for plumes of steam & the constant eye of an inconsistent employee to Revolutionize & solve the frying industry!
• Kusini Water — Kusini Water builds water treatment systems from nanotechnology and macadamia nut shells.

Portfolio highlights

• vLex — Founded over 20 years ago, vLex provides a first-class and comprehensive service for lawyers, law firms, governments and law schools.
• Facile.it — Facile has built a leading market position in the fast-growing Italian online price comparison market particularly in car insurance. They recently launched several new price comparison product verticals to broaden its revenue base including gas and electricity, broadband, bank accounts and mobile phones. Today, Facile helps 2.2 million Italians amonth compare prices on key elements of their household expenditure.
• Wishcard Technologies Group — Wishcard Technologies Group is a gift voucher-related technology company. The company's distinctive multi-brand gift vouchers are sold in retail locations. They also offer B2B gifting solutions to corporate partners.