# Top 50 Retail Startup Investors in Africa in October 2023 ## Launch Africa - Type: VC Fund - Location: Ebène, Plaines Wilhems, Mauritius - Relevant deals: 5 - Stages: Seed, Pre-Seed - Focus: Financial Services, FinTech, Information Technology 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. ## 1776 Ventures - Type: VC Fund - Location: Washington, District of Columbia, United States - Relevant deals: 4 - Stages: Seed, Series A, Convertible Note - Focus: Education, EdTech, Software 1776 Ventures is a global seed fund investing in companies in the following sectors: education, energy, smart cities, transportation, food/agriculture, fintech, and healthcare. ## Flat6Labs Tunisia - Type: VC Fund - Location: Tunis, Tunis, Tunisia - Relevant deals: 3 - Stages: Pre-Seed, Seed - Focus: E-Commerce, Retail, Education 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. ## Orange Ventures - Type: VC Fund - Location: Paris, Ile-de-France, France - Relevant deals: 3 - Stages: Seed, Series B, Series C - Focus: Software, FinTech, Financial Services Orange Ventures is the Venture Capital Fund of the Orange Group, with 350m euros under management ## Chandaria Capital - Type: VC Fund - Location: Nairobi, Nairobi Area, Kenya - Relevant deals: 3 - Stages: Seed, Series A, Pre-Seed - Focus: E-Commerce, FinTech, Software 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. ## Future Africa - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 3 - Stages: Seed, Pre-Seed, Series A - Focus: Financial Services, FinTech, Information Technology 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. ## GreenTec Capital Partners - Type: VC Fund - Location: Frankfurt, Hessen, Germany - Relevant deals: 3 - Stages: Seed, Pre-Seed - Focus: Information Technology, Agriculture, Computer GreenTec Capital Partners is Germany's premier investor into African start-ups and SMEs. GreenTec invests through its unique Results4Equity model, acting as a co-founding partner that is only compensated on business success. ## Musha Ventures - Type: VC Fund - Location: New York, New York, United States - Relevant deals: 3 - Stages: Seed, Pre-Seed, Series A - Focus: Financial Services, Software, FinTech Seed capital for technology startups globally. ## Creadev - Type: VC Fund - Location: Paris, Ile-de-France, France - Relevant deals: 2 - Stages: Series B, Series C - Focus: Health Care, Food and Beverage, Agriculture Creadev is an evergreen investment company believe that shareholders' timing should match with the entrepreneur's vision, up to an unlimited amount of time. Creadev invest in and support companies able to scale-up and become worldwide best players in their sector. ## Unseen Capital - Type: VC Fund - Location: New York, New York, United States - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series B - Focus: Health Care, Wellness, Medical 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. ## Acumen - Type: VC Fund - Location: New York, New York, United States - Relevant deals: 2 - Stages: Seed, Series A - Focus: Financial Services, Health Care, Agriculture Acumen is a nonprofit venture fund that invests in early-stage companies bringing critical services like agriculture, clean energy, education, financial inclusion, healthcare and workforce development to low-income communities in 14 countries across East and West Africa, South Asia, Latin America, and the United States. Since 2001, Acumeninvested $128 million in 128 companies that have transformed the lives of over 308 million low-income people. ## Good Soil VC - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series A - Focus: FinTech, Human Resources, Financial Services GOODsoil VC is an early stage venture capital firm. We partner with founders seeking to invent new market categories and transform large, existing industries.They aim to take risks on innovative and ambitious people and products; providing risk capital for new and early-stage start-up companies, in return for an equity share. ## Reflect Ventures - Type: VC Fund - Location: Menlo Park, California, United States - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: Information Technology, Logistics, E-Commerce Reflect Ventures makes venture capital investments in high-potential startups at the seed and series A/B+ stages. We identify extraordinary founders, companies and opportunities around the world, including in emerging and frontier markets. Our LPs comprise family offices, institutional investors and HNWIs on six continents, along withrecognized sector experts who are instrumental to our portfolio companies' future growth. ## WIC Capital - Type: VC Fund - Location: Dakar, Dakar, Senegal - Relevant deals: 2 - Stages: Seed - Focus: Retail, B2B, Food Processing WIC Capital is the first mechanism to provide suitable financing and support to women-owned MSMEs in Senegal and West Africa. ## TLcom Capital Partners - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 2 - Stages: Series A, Series B - Focus: Software, Mobile, Information Technology TLcom Capital, is an Africa focused tech VC, with offices in Lagos, Nairobi and London. TLcom had been investing since 1999 in Tech, Media, Mobil and Internet companies across Europe, US and Africa, which is the exclusive focus of its most recent TLcom TIDE Africa funds. TLcom manages total commitments of approximately 300 million USD in thesesectors via a series of dedicated investment vehicles. Our investment strategy is to identify, back and assist world class entrepreneurs and management teams with disruptive technologies and business models, compelling intellectual property and deep market knowledge. We primarily target companies focused on Africa as a prime market, in the following investment themes: Access to Data Service; Financial Services; eCommerce; B2C applications (including but not limited to: health, education, energy, media and entertainment); and Software solutions to corporates and SMEs. ## Raba Partnership - Type: VC Fund - Location: Cape Town, NA - South Africa, South Africa - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: Financial Services, FinTech, Finance The Raba Partnership, Raba Capital, Raba ## Flying Doctors Nigeria - Type: VC Fund - Location: Lagos, Lagos, Nigeria - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series A - Focus: Health Care, Retail, Medical 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. ## Vinny Lingham - Type: Angel - Location: San Francisco Bay Area, California, United States - Relevant deals: 2 - Stages: Seed, Angel - Focus: Blockchain, Internet, Cryptocurrency Vinny Lingham is Co-Founder & CEO at Civic. He was the founder and CEO of Gyft, a mobile gift card app that allows customers to buy, store, send and redeem gift cards conveniently from their mobile device. He is also the founder of Yola.com, a web development and hosting company that enables users without prior programming knowledge to developwebsites. Vinny is the recipient of numerous awards, including Top Young ICT Entrepreneur in Africa (2006) and was also a finalist for Men’s Health Best Man (2009) and ICT Personality of the Year in South Africa (2008). He also previously founded Clicks2Customers, which also won the Top Technology Company award in South Africa in 2006. He has previously served on marketing advisory boards for Nasdaq listed Valueclick and Yahoo, was also selected as an Endeavor “High Impact Entrepreneur” in 2006. Vinny studied a B.Com (Information Systems) at the University of Cape Town. ## Consonance Investment Managers - Type: VC Fund - Location: Lagos, Lagos, Nigeria - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Information Technology, FinTech We are an investment company focused on helping early and growth-stage entrepreneurs build successful companies in Africa. ## International Finance Corporation - Type: VC Fund - Location: Washington, District of Columbia, United States - Relevant deals: 2 - Stages: Debt Financing, Series B - Focus: Financial Services, FinTech, Finance 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. ## Chinook Capital Limited - Type: VC Fund - Location: Lagos, Lagos, Nigeria - Relevant deals: 2 - Stages: Seed - Focus: EdTech, Retail, Home Services Chinook Capital is focused on investments in seed- and pre-stage companies in internet software, services, and media sectors. ## U.S. International Development Finance Corp - Type: VC Fund - Location: Washington, District of Columbia, United States - Relevant deals: 2 - Stages: Debt Financing, Post-IPO Debt - Focus: Financial Services, Finance, FinTech 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. ## Kepple Africa Ventures - Type: VC Fund - Location: Tokyo, Tokyo, Japan - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Financial Services, FinTech, Software Kepple Africa Ventures is an early-stage venture capital firm. ## Farfetch - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 1 - Stages: Corporate Round, Convertible Note, Seed - Focus: Fashion, E-Commerce, Software Farfetch operates an e-commerce website that unites various independent fashion boutiques. It offers bags, coats, dresses, jackets, jewellery, swimwear, trouser, shoes, knitwear, suits, shorts, and accessories. They operate a modular end-to-end technology platform purpose built to connect the luxury fashion ecosystem worldwide. Their vision wasto create a single operating system that could address the complex demands of consumers and luxury sellers alike. Their platform is built on an API-enabled proprietary technology stack, which provides the foundation for the three main components: applications, services and data. Farfetch serves women, men, and kids. Jose Neves founded the company in 2008, with its headquarters in London, United Kingdom. ## Afropreneur Angels - Type: VC Fund - Relevant deals: 1 - Stages: Seed - Focus: B2B, Retail, Social Network Afropreneur Angels provides funding and assistance to aspiring businesses. It houses multiple entrepreneurs from various industries. Afropreneur Angels was founded in 2012. ## Hamza Abu hassan Ibn Faycal AlMALIKI - Type: Angel - Relevant deals: 1 - Stages: Series A - Focus: B2B, Retail, Software Hamza Abu hassan Ibn Faycal AlMALIKI ## Niche Capital - Type: VC Fund - Location: Lagos, Lagos, Nigeria - Relevant deals: 1 - Stages: Pre-Seed, Seed, Angel - Focus: Software, Financial Services, E-Commerce Venture Capital firm ## Andrea Iannelli - Type: Angel - Relevant deals: 1 - Stages: Seed - Focus: Beauty, Retail, Consumer Andrea Iannelli ## Khosla Ventures - Type: VC Fund - Location: Menlo Park, California, United States - Relevant deals: 1 - Stages: Series A, Series B, Seed - Focus: Software, Health Care, Artificial Intelligence Khosla Ventures invests in companies that are bold, early and impactful. The firm was started in 2004 by Vinod Khosla, co-founder of Sun Microsystems, to provide venture assistance to entrepreneurs. Headquartered in Menlo Park, Calif., Khosla Ventures invests in a range of areas including AI, climate, sustainability, enterprise, consumer, fintech,digital health, medtech and diagnostics, therapeutics and frontier technology. ## Crossfin Technology - Type: VC Fund - Location: Cape Town, NA - South Africa, South Africa - Relevant deals: 1 - Stages: Series A, Private Equity - Focus: Payments, Financial Services, Information Technology Crossfin invests in FINTECH solutions to enable growth for economies in Africa and beyond. Crossfin invests in high growth and established cash generative businesses, offering investors a blended exposure to technology investments in Fintech. ## Aruwa Capital - Type: VC Fund - Location: Lagos, Lagos, Nigeria - Relevant deals: 1 - Stages: Seed, Series A - Focus: FinTech, Big Data, Financial Services Aruwa Capital Management is a Lagos-based, female-founded and led growth equity impact fund. ## Icon Ventures - Type: VC Fund - Location: Palo Alto, California, United States - Relevant deals: 1 - Stages: Series C, Series B, Series D - Focus: Software, Information Technology, Enterprise Software The road to success is long. Re-defining an industry requires passion, perseverance, and true grit. At Icon Ventures, we help entrepreneurs with true grit navigate the journey to become icons of tomorrow. ## GAIA Impact Fund - Type: VC Fund - Location: Paris, Ile-de-France, France - Relevant deals: 1 - Stages: Series A, Seed - Focus: Solar, Energy, Renewable Energy Gaia Impact Fund is a venture capital firm specializing in renewable energy that builds long-term partnerships with startups operating in Sub-Saharan Africa and South-East Asia with a strong environmental and social focus. The firm supports businesses enabling sustainable and affordable energy provision to local communities. In regions where energymixes are highly carbonized, it supports technological innovations and business models enabling a cost-efficient diffusion of renewable energy on a large scale. ## Endeavor Catalyst - Type: VC Fund - Location: New York, New York, United States - Relevant deals: 1 - Stages: Series B, Series A, Series C - Focus: E-Commerce, Software, Information Technology Endeavor Catalyst is the rules-based, co-investment fund of Endeavor, set up to invest exclusively in Endeavor Entrepreneur-led companies and to sustain Endeavor’s long-term operations in a mission-aligned way. Launched in 2012, Endeavor Catalyst has ~$500M+ AUM across four funds and has made 260+ investments to date in 35+ different markets. TodayThe Endeavor Catalyst portfolio has 53 companies valued at $1B+. Investments include Globant (NYSE:GLOB), Rappi, and Creditas in Latin America; Yemeksepeti.com and Careem in MENA; and Bukalapak and Carro in Indonesia. ## Blue Haven Initiative - Type: VC Fund - Location: Cambridge, Massachusetts, United States - Relevant deals: 1 - Stages: Series A, Series B, Seed - Focus: Solar, Energy, Financial Services Blue Haven Initiative is an innovative family office dedicated to putting wealth to work for market returns and positive social and environmental change. ## Haskè Ventures - Type: VC Fund - Location: Dakar, Dakar, Senegal - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: B2B, Retail, Banking Haskè Ventures is a venture builder based in Dakar and focused on transforming the startup landscape. ## Flat6Labs - Type: VC Fund - Location: Gîza, Al Jizah, Egypt - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Software, E-Commerce, Apps 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. Flat6Labs manages a number of seed funds with a total AUM in excess of $85M. More than 25 leading institutions have invested into the Flat6Labs managed funds; believing in the asset class and Flat6Labs’ proven track record as the market leader.. Flat6Labs provides a wide range of investment ticket sizes ranging from $50K to $500k, supporting startups through their early journeys from Pre-Seed all the way to Pre-Series A stages. Alongside to the investments, Flat6Labs’ exceptional startup programs, executed to cater specifically for the needs of the innovative entrepreneurs, helps them accelerate their growth by providing them with a plethora of support services and connecting them to unparalleled opportunities with an expansive network comprising hundreds of business mentors, investors and corporates. Launched and headquartered in Cairo since 2011, Flat6Labs has multiple offices across the region; with ongoing plans to expand into other emerging markets. ## UM6P Ventures - Type: VC Fund - Location: Benguerir, Marrakech-Tensift-Al Haouz, Morocco - Relevant deals: 1 - Stages: Pre-Seed, Seed - Focus: Food Processing, Apps, Agriculture UM6P Ventures is a venture capital investment firm that invests in Science & Innovation. ## Health54 - Type: VC Fund - Relevant deals: 1 - Stages: Seed - Focus: Health Care, Pharmaceutical, Retail Health54 is the Corporate Venture Capital of CFAO Group in Healthcare. ## Réseau Entreprendre - Type: VC Fund - Location: Roubaix, Nord-Pas-de-Calais, France - Relevant deals: 1 - Stages: Seed, Angel - Focus: Software, Information Technology, E-Commerce Réseau Entreprendre is a registered charity French association providing financial support to entrepreneurs. ## Polo Leteka - Type: Angel - Location: Johannesburg, NA - South Africa, South Africa - Relevant deals: 1 - Stages: Seed, Series B - Focus: Retail, Internet, Logistics Polo Leteka is the Founder and Chairman of IDF Capital SA. She previously worked at Standard Bank of South Africa. Polo Leteka attended the University of South Africa/Universiteit van Suid-Afrika. ## Orbit Startups - Type: VC Fund - Location: Cork, Cork, Ireland - Relevant deals: 1 - Stages: Seed, Convertible Note, Pre-Seed - Focus: E-Commerce, Internet, Software Orbit Startups helps companies scaling breakthrough technologies across emerging and frontier markets to the regions with the most aggressive growth. ## Partech - Type: VC Fund - Location: Paris, Ile-de-France, France - Relevant deals: 1 - Stages: Series A, Seed, Series B - Focus: Software, E-Commerce, Financial Services 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. ## Trond Riiber Knudsen - Type: Angel - Location: Oslo, Oslo, Norway - Relevant deals: 1 - Stages: Seed, Angel, Pre-Seed - Focus: Software, Construction, SaaS Trond Riiber Knudsen is a Founder of TRK GROUP. ## Adebowale Martins - Type: Angel - Relevant deals: 1 - Stages: Pre-Seed - Focus: Retail, Software, E-Commerce Adebowale Martins ## Victoria Commercial Bank - Type: VC Fund - Location: Nairobi, Nairobi Area, Kenya - Relevant deals: 1 - Stages: Debt Financing - Focus: Retail, Furniture, Manufacturing Victoria Commercial Bank is a leading commercial bank providing quality financial services with a focus on client orientation, integrity and professionalism ## Hi2 Global Venture Fund - Type: VC Fund - Location: New York, New York, United States - Relevant deals: 1 - Stages: Seed, Series A - Focus: Financial Services, E-Commerce, FinTech Haitou Global is a global asset allocation platform providing asset management, investment banking, digital technology product, and services. Haitou Global manages a Registered Investment Advisor and a Broker-dealer in the U.S., with headquarters in New York and Beijing and operations in San Francisco, Hangzhou, Hong Kong, Singapore, and Jakarta. ## DNA Capital - Type: VC Fund - Location: São Paulo, Sao Paulo, Brazil - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: Health Care, Medical, Wellness DNA Capital is an investment partnership specializing in multi-stage investments in the healthcare sector. ## FirstCheck Africa - Type: VC Fund - Relevant deals: 1 - Stages: Seed - Focus: Beauty, Retail, Consumer FirstCheck Africa is an early believer for a generation of African women in tech. We invest early, with high conviction, in high-growth female-led startups with category-leadership potential. ## Plug & Play - Type: VC Fund - Location: Munich, Bayern, Germany - Relevant deals: 1 - Stages: Seed We connect the largest corporations to the world's best startups through industry-focused accelerator programs in Silicon Valley and beyond. # About Shizune Shizune.co is an investor database. Core features: - 48,091 startup investors (angels, VCs, accelerators, and others) - Email, phone, LinkedIn (for intros), socials, and other contact data - Updated daily from public funding news - CSV and Excel export The User can access the full database FOR FREE after signing up: shizune.co