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Top 50 Transportation Startup Investors in Africa (October 2023)

The most active venture capital funds and angel investors investing in Africa Transportation startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Africa Transportation 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
20 Nigeria, South Africa, Kenya Seed, Pre-Seed Financial Services, FinTech, Information Technology $200k–$3M
Golden Palm Investments
VC Fund
12 Nigeria, Egypt, Kenya Seed, Pre-Seed, Series A Information Technology, FinTech, Health Care $30k–$15M
4DX Ventures
VC Fund
11 Egypt, United States, Kenya Seed, Series A, Pre-Seed FinTech, Information Technology, Financial Services $40k–$20M
EchoVC Partners
VC Fund
9 United States, Nigeria, Kenya Seed, Series A, Pre-Seed Information Technology, E-Commerce, Software $200k–$30M
Kepple Africa Ventures
VC Fund
8 Nigeria, Kenya, Egypt Seed, Pre-Seed Financial Services, FinTech, Software $100k–$4.5M
Musha Ventures
VC Fund
7 United States, Nigeria, Kenya Seed, Pre-Seed, Series A Financial Services, Software, FinTech $50k–$10M
Future Africa
VC Fund
7 Nigeria, United States, Kenya Seed, Pre-Seed, Series A Financial Services, FinTech, Information Technology $40k–$20M
LoftyInc Capital Management
VC Fund
6 United States, Nigeria, Egypt Seed, Pre-Seed, Series A FinTech, Financial Services, Software $100k–$15M
VestedWorld
VC Fund
6 Nigeria, Kenya, Ghana Seed, Series A, Series B Agriculture, E-Commerce, Financial Services $1.6M–$4.4M
Novastar Ventures
VC Fund
6 Kenya, Nigeria, United States Series A, Series B Agriculture, Internet, Clean Energy $660k–$50M
Oui Capital
VC Fund
5 Kenya, Nigeria, United States Pre-Seed, Seed Transportation, Information Technology, B2B $40k–$1.1M
Ventures Platform
VC Fund
5 Nigeria, United States, Kenya Seed, Pre-Seed Financial Services, FinTech, Internet $50k–$4.4M
Unpopular Ventures
VC Fund
5 United States, Mexico, Colombia Seed, Pre-Seed, Series A Software, FinTech, Financial Services $370k–$30M
Justin Mateen
Angel
5 United States, Mexico, India Seed, Series A, Pre-Seed Software, E-Commerce, Financial Services $400k–$14M
Outlierz Ventures
VC Fund
5 Morocco, Egypt, Kenya Seed, Pre-Seed, Series A Supply Chain Management, Logistics, Information Services $1.5M–$6.2M
Harambeans
VC Fund
5 Nigeria, Kenya, South Africa Seed, Angel, Grant Supply Chain Management, Transportation, Information Technology $100k–$3.1M
Flat6Labs Tunisia
VC Fund
5 Tunisia Pre-Seed, Seed E-Commerce, Retail, Education $64k–$200k
Saviu Ventures
VC Fund
4 Côte d'Ivoire, Kenya, Senegal Seed, Pre-Seed, Series A E-Commerce, Financial Services, FinTech $161k–$2.7M
Cem Garih
Angel
4 United States, India, Kenya Seed, Series A, Pre-Seed Internet, Financial Services, FinTech $460k–$17M
Consonance Investment Managers
VC Fund
4 Nigeria, United States, Kenya Seed, Series A, Pre-Seed Software, Information Technology, FinTech $50k–$2.5M
CDG Invest
VC Fund
4 Morocco, France, Switzerland Pre-Seed, Seed, Convertible Note Apps, Software, Internet $200k–$4M
FJ Labs
VC Fund
4 United States, United Kingdom, Brazil Seed, Series A, Series B E-Commerce, Software, Financial Services $1.1M–$107M
Interswitch
VC Fund
4 Nigeria, Kenya, United States Seed, Series A Transportation, Logistics, Apps $1.5M–$2.6M
Factor[e] Ventures
VC Fund
4 United States, India, Kenya Seed, Series A, Angel Energy, Renewable Energy, Agriculture $500k–$10M
Enza Capital
VC Fund
4 Nigeria, Kenya, South Africa Seed, Pre-Seed, Series A Logistics, E-Commerce, B2B $1M–$13M
TLcom Capital Partners
VC Fund
4 Nigeria, United States, United Kingdom Series A, Series B Software, Mobile, Information Technology $3.5M–$27M
Blockchain Founders Fund
VC Fund
4 United States, United Kingdom, Canada Seed, Pre-Seed Blockchain, Cryptocurrency, Financial Services $15k–$6M
Flexport
VC Fund
4 United States, Pakistan, Egypt Series A, Seed, Series B Logistics, Software, E-Commerce $1.8M–$13M
Kalon Venture Partners
VC Fund
4 South Africa, Luxembourg, United States Seed, Series A Apps, Mobile Apps, Software $539k–$3M
Proparco
VC Fund
4 India, Kenya, Mauritius Debt Financing, Series B Financial Services, Finance, Energy $300k–$120M
Village Global
VC Fund
4 United States, United Kingdom, India Seed, Pre-Seed, Series A Software, Artificial Intelligence, Information Technology $246k–$18M
Alumni Ventures
VC Fund
3 United States, United Kingdom, Canada Seed, Series A, Series B Software, Information Technology, Health Care $850k–$45M
Microtraction
VC Fund
3 Nigeria, United States, Canada Pre-Seed, Seed, Angel Financial Services, FinTech, Software $25k–$1.2M
Betatron Venture Group
VC Fund
3 Hong Kong, India, China Seed, Pre-Seed, Series A Information Technology, Software, E-Commerce $30k–$1.5M
IDF Capital SA
VC Fund
3 South Africa Seed Automotive, Mobile Apps
Lynett Capital
VC Fund
3 United States, Kenya, Nigeria Seed, Series A, Pre-Seed FinTech, Wireless, Mobile $120k–$10M
CRE Venture Capital
VC Fund
3 South Africa, Nigeria, United States Seed, Series A, Pre-Seed Financial Services, FinTech, Software $250k–$20M
Loyal VC
VC Fund
3 United States, Canada, United Kingdom Pre-Seed, Seed Software, Artificial Intelligence, E-Commerce $78k–$2.5M
Ingressive Capital
VC Fund
3 Nigeria, United States, Ghana Pre-Seed, Seed, Series A Financial Services, FinTech, Information Technology $400k–$15M
Chandaria Capital
VC Fund
3 Kenya, United States, Egypt Seed, Series A, Pre-Seed E-Commerce, FinTech, Software $200k–$37M
Raba Partnership
VC Fund
3 South Africa, United States, Egypt Seed, Series A, Pre-Seed Financial Services, FinTech, Finance $1M–$40M
Yamaha Motor
VC Fund
3 Japan, India, Brazil Corporate Round, Series A, Series B Transportation, Robotics, Logistics $1.9M–$1.6B
Ground Squirrel Ventures
VC Fund
3 United States, Zambia, Madagascar Seed, Series A Renewable Energy, Solar, Energy $1.8M–$5M
Mobility 54
VC Fund
3 Kenya, Nigeria, Côte d'Ivoire Seed, Series A Financial Services, Transportation, Information Technology $3.2M–$13M
AlphaCode Club
VC Fund
3 South Africa, United Kingdom Grant, Debt Financing Financial Services, FinTech, Automotive $24k–$655k
Yves Guillemot
Angel
3 Nigeria Seed, Series A Logistics, E-Commerce Platforms, Location Based Services $500k–$1.7M
E4EAfrica
VC Fund
2 South Africa, France, The Netherlands Seed, Series A, Series B Internet, Logistics, E-Commerce $1M–$5.3M
Esas Ventures
VC Fund
2 United States, Kenya, Canada Seed, Series A Health Care, E-Commerce, Software $125k–$17M
Lateral Capital
VC Fund
2 United States, Nigeria, Kenya Seed, Series A, Pre-Seed FinTech, Financial Services, Software $500k–$15M
Two Culture Capital
VC Fund
2 United States, Mexico, India Seed, Pre-Seed, Series A FinTech, Financial Services, Information Technology $350k–$11M
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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 · 20 investments in Africa Transportation 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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Golden Palm Investments
VC Fund · Accra, Greater Accra, Ghana · 12 investments in Africa Transportation startups

Golden Palm Investments is an investment holding and advisory company.

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Investment focus

  • Industry: Information Technology, FinTech, Health Care
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, Egypt, Kenya

Investor stats

  • Total investments: 54
  • Round size: Seed $2M–$13M; Pre-Seed $30k–$6.5M; Series A $2M–$15M
  • Lead/follow: 6% lead, 94% follow
  • Last fund: May invest from a new fund soon — last raise in 2014

Portfolio highlights

  • Sabipay — Pastel is a leader in Artificial Intelligence. We build products targeted at individuals (SwiftMoney) and enterprises (Sigma) in emerging markets
  • Maplerad — Maplerad is a fast, safe and easy way to send and receive money with friends, family or others you trust. You can receive and send money directly into any Nigerian bank account in minutes using Bitcoin, US Dollars, and Naira.
  • 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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4DX Ventures
VC Fund · Brooklyn, New York, United States · 11 investments in Africa Transportation startups

4DX Ventures is a Pan-Africa Focused Venture Capital Firm. Our mission is to connect people, ideas, and capital to create a vibrant African community.

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Investment focus

  • Industry: FinTech, Information Technology, Financial Services
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Egypt, United States, Kenya

Investor stats

  • Total investments: 66
  • Round size: Seed $431k–$13M; Pre-Seed $40k–$6.5M; Series A $3M–$20M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • Tactyc — Tactyc is an easy-to-use portfolio construction, forecasting and management software for venture funds.
  • Zoie Health — Zoie is a digital health firm for women that provides family planning, fertility, and maternity care services.
  • Money Fellows — MoneyFellows digitizes the ROSCA model, enabling group lending and savings.
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EchoVC Partners
VC Fund · Lagos, Lagos, Nigeria · 9 investments in Africa Transportation startups

EchoVC Partners is a seed and early-stage venture capital firm focused on financing and cross-pollinating leading technologies, teams, business models, and knowledge across North America, Africa, and SE Asia. The average investment size ranges from $25,000 to several million dollars depending on the stage of opportunity and capital needs of thebusiness.

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Investment focus

  • Industry: Information Technology, E-Commerce, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Nigeria, Kenya

Investor stats

  • Total investments: 47
  • Round size: Seed $200k–$4M; Pre-Seed $400k–$1.6M; Series A $4.3M–$30M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: Likely still investing — raised $8M in 2023

Portfolio highlights

  • Shuttlers — Shuttlers is a platform that offers mobility solutions by providing scheduled bus-sharing services for the professionals within the region.
  • Snowstorm — Snowflake is decentralized and is deployed as a pluggable transport for Tor.
  • Senga Technologies — Welcome to Senga, custom-built, with love, for businesses shipping in Africa.
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Kepple Africa Ventures
VC Fund · Tokyo, Tokyo, Japan · 8 investments in Africa Transportation startups

Kepple Africa Ventures is an early-stage venture capital firm.

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Investment focus

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

Investor stats

  • Total investments: 74
  • Round size: Seed $500k–$4.5M; Pre-Seed $100k–$3.7M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • Chari — Chari is an e-commerce and fintech app for traditional retailers in French-Speaking Africa allowing them to order any consumer goods they sell and get delivered for free in less than 24 hours. Chari is also a financial services provider for these retailers, offering them microloans
  • Carry1st — Carry1st develops and publishes enriching mobile games and content apps for African consumers.
  • Beacon Power Services — Beacon Power Services is a utility company that provides energy management software and analytics for utilities.
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Musha Ventures
VC Fund · New York, New York, United States · 7 investments in Africa Transportation 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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Future Africa
VC Fund · San Francisco, California, United States · 7 investments in Africa Transportation startups, 10 in the past 12 months

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.

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 80
  • Round size: Seed $500k–$3.7M; Pre-Seed $40k–$3.7M; Series A $7M–$20M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Balad — Balad is Egyptian Cross Border Payout Network primarily serving Money Transfer Operators (MTOs), fintechs and mobile wallets. Targeting sending markets including GCC, EU, US, Canada, and UK
  • 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.
  • 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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LoftyInc Capital Management
VC Fund · Carmel, California, United States · 6 investments in Africa Transportation startups

LoftyInc Capital Management empowers Afropreneurs to build a prosperous and equitable future in Africa. We deliver value to both founders and investors.........

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Investment focus

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

Investor stats

  • Total investments: 111
  • Round size: Seed $100k–$3.2M; Pre-Seed $100k–$2M; Series A $250k–$15M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • Craydel — Get Professional career guidance based on Psychometric Assessments and get scholarships to the best MBA, Engineering, Medical, Education online and on campus courses in Africa and Abroad.
  • EMTECH — For Modern Central Banking
  • Terragon Group — Terragon is a leading Data and Marketing Technology company that uses data and analytics to help companies focused in Africa, intelligently connect at scale to their customers. We use an aggregation of online and offline data, and predictive scoring to help brands, marketing agencies and platforms accurately target people across channels anddevices. Headquartered in Lagos; Nigeria, we also have a presence in Kenya, South Africa, Ghana and India.
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VestedWorld
VC Fund · Chicago, Illinois, United States · 6 investments in Africa Transportation startups, 7 in the past 12 months

VestedWorld is an early-stage venture capital firm that invests in emerging markets companies that have the potential to generate competitive financial returns while contributing towards the growth and development of the markets in which they are located. The firm supports these businesses through the infusion of capital, active involvement incorporate governance, and by providing direct strategic and operational assistance.

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Investment focus

  • Industry: Agriculture, E-Commerce, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: Nigeria, Kenya, Ghana

Investor stats

  • Total investments: 24
  • Round size: Seed $1.6M–$2.5M; Series A $4.2M–$4.4M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • FarmWorks — FarmWorks is an agricultural technology company that gives farmers access to farm inputs as well as a market for the produce .FarmWork is to unlock agricultural potential by building clusters of mid-sized farms while working with thousands of small-holder farmers and establishing direct linkage to local and global markets.
  • EMTECH — For Modern Central Banking
  • 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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Novastar Ventures
VC Fund · Nairobi, Nairobi Area, Kenya · 6 investments in Africa Transportation startups

For the many, not just the few. For good.

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Investment focus

  • Industry: Agriculture, Internet, Clean Energy
  • Stage:Series A, Series B
  • Geography: Kenya, Nigeria, United States

Investor stats

  • Total investments: 48
  • Round size: Series A $1M–$9.9M; Series B $660k–$50M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: May invest from a new fund soon — raised $108M in 2020

Portfolio highlights

  • BasiGo — BasiGo is an early-stage e-mobility start-up looking to revolutionize the public transportation sector by providing matatu owners with a cost-effective electric alternative to diesel buses.
  • Turaco — Turaco develops simplified insurance and credit solutions through mobile technology to solve the healthcare financing needs. Turaco has simplified insurance products and also provides on-demand health loans, allowing customers to get healthcare at affordable monthly premiums.
  • MoKo Home + Living — MoKo Home is Kenya's one-stop furniture company specializing in comfort & smiles, having served over 10000 smiley homes to date. Will yours be next?
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Access 48,091 investors

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

Browse database — It's Free!
Oui Capital
VC Fund · Belmont, Massachusetts, United States · 5 investments in Africa Transportation startups

Oui Capital is an Africa-focused VC firm backing tech-enabled businesses at the pre-seed & seed stage.

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Investment focus

  • Industry: Transportation, Information Technology, B2B
  • Stage:Pre-Seed, Seed
  • Geography: Kenya, Nigeria, United States

Investor stats

  • Total investments: 22
  • Round size: Pre-Seed $40k–$1.1M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Duplo — We enable businesses across Africa to simplify their payment flows.
  • Ndovu — Secure your investments in both local and global financial markets on ndovu - a secure, affordable, hassle-free online investment platform in Africa designed to work your money
  • Maad — Maad is Francophone Africa's fastest-growing B2B marketplace, based in Dakar, Senegal. Our tech-driven solution allows retailers to order products from our one-stop shop and benefit from working capital loans
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Ventures Platform
VC Fund · Abuja, Federal Capital Territory, Nigeria · 5 investments in Africa Transportation 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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Unpopular Ventures
VC Fund · San Francisco, California, United States · 5 investments in Africa Transportation startups, 19 in the past 12 months

The best companies, off the beaten path.

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Investment focus

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

Investor stats

  • Total investments: 129
  • Round size: Seed $1.2M–$6M; Pre-Seed $370k–$5.5M; Series A $6.8M–$30M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Instock — Instock offers a gravity-defying ecommerce fulfillment.
  • ZipperTax — AI copilot for tax professionals and taxpayers
  • EquityList — Equity management with online cap table management and employee stock option programs (ESOP) administration. Available free for Indian startups
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Justin Mateen
Angel · 5 investments in Africa Transportation startups, 8 in the past 12 months

Justin Mateen is the Founder of Tinder, the world's largest dating platform. Founded in 2012, Tinder is the highest grossing app on Apple's app store since 2017 and was valued at over $40 Billion dollars in 2021. In 2021, Business Insider ranked Mateen as the best early stage investor in the US, placing him at the number 1 spot on thetop 100 list of US Seed Investors. In 2020, Forbes included Mateen on their list of the decade's top 10 tech entrepreneurs. Fast Company has listed him as one of the most creative people in business.

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Investment focus

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

Investor stats

  • Total investments: 123
  • Round size: Seed $841k–$7M; Pre-Seed $400k–$1M; Series A $4.7M–$14M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • Whop — One-stop-shop for all the latest and greatest digital products to help you earn online. From trading software to reselling communities, we've got you.
  • Slash — Tens of thousands of online businesses use Slash to track their profits, earn cash back, and get faster payouts from platforms like GOAT and Amazon. No LLC required, no account fees, no minimum balance, and no credit checks.
  • Somethings — We connect your teen with a professional, trained 20-28 year old mentor who supports your teen via text and video call whenever they need. Start today.
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Outlierz Ventures
VC Fund · Casablanca, Grand Casablanca, Morocco · 5 investments in Africa Transportation startups

We provide smart capital to grow investable startups in Africa

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Investment focus

  • Industry: Supply Chain Management, Logistics, Information Services
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Morocco, Egypt, Kenya

Investor stats

  • Total investments: 14
  • Round size: Seed $1.5M–$6.2M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • PayTic — PayTic enables payments issuers to manage their card programs by providing dedicated back-office solutions that streamline the end-to-end operations in customer support, chargebacks, fraud, AML, reporting, and reconciliation. Our proprietary solutions are unique in automating and centralizing the program management processes, regardless of thenumber of processors and the payment networks involved in the payments products. We impact payments providers by eliminating the defragmented and manual processes and replacing them with a SaaS platform that increases proactivity, mitigates risks, and delivers value. It reduces the burn rate to near 0 in operational costs and offers an unprecedented competitive advantage. PayTic is introducing the Zero Ops model in managing payments.
  • Suplyd — Suplyd is a comprehensive digital solution that bridges the gap between restaurant operators and their suppliers in order to disrupt an untouched market with extreme fragmentation and resolve the problem end-to-end.
  • Terraa — Terraa is a B2B distribution platform in Moroccan.
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Harambeans
VC Fund · 5 investments in Africa Transportation startups

Harambeans are African innovators who have pledged to “work together as one” to build Africa’s future. Over the last decade, Harambeans has spawned a series of tech-enabled ventures such as Andela, Flutterwave, and Yoco, which have collectively generated over 3000 jobs, and raised over $700m from Google Ventures, CRE Ventures and Accel.

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Investment focus

  • Industry: Supply Chain Management, Transportation, Information Technology
  • Stage:Seed, Angel, Grant
  • Geography: Nigeria, Kenya, South Africa

Investor stats

  • Total investments: 9
  • Round size: Seed $100k–$3.1M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Releaf — We are industrializing food processing in Africa. We've led 1000+ smallholder farmers to provide food factories with >7.5 million kilograms of quality crops.
  • MarketForce — MarketForce connects Africa’s informal retail outlets and consumers directly to suppliers of consumer goods and financial services by digitizing orders, delivery, and payments with the aim of solving the last mile distribution challenge.
  • SHYFT Power Solutions — SHYFT builds industrial-grade IoT and integrated software to connect and intelligently manage distributed energy resources (DERs) in markets that struggle with resiliency. SHYFT is pioneering the development of integrated decentralized power systems in emerging markets like Nigeria, leapfrogging over traditional central infrastructure and enablingDERs to scale and support existing but unreliable grids.
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Flat6Labs Tunisia
VC Fund · Tunis, Tunis, Tunisia · 5 investments in Africa Transportation startups

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.

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Investment focus

  • Industry: E-Commerce, Retail, Education
  • Stage:Pre-Seed, Seed
  • Geography: Tunisia

Investor stats

  • Total investments: 22
  • Round size: Seed $64k–$200k; Pre-Seed $65k–$79k
  • Lead/follow: 73% lead, 27% follow
  • Last fund: May invest from a new fund soon — raised $10M in 2019

Portfolio highlights

  • Ahkili — Ahkili is a health tech mobile application for appointment booking that connects patients to psychologists.
  • WeMove — WeMove is a fitness marketplace for daily gym passes. They develop innovative solutions that meet your sports issues.
  • LAMMA — Lamma is a web and mobile platform reinventing urban movement for package delivery through an extended carpooling network.
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Saviu Ventures
VC Fund · Ebène, Plaines Wilhems, Mauritius · 4 investments in Africa Transportation startups

Saviu is a venture capital fund focusing on African early-stage startups.

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Investment focus

  • Industry: E-Commerce, Financial Services, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Côte d'Ivoire, Kenya, Senegal

Investor stats

  • Total investments: 26
  • Round size: Seed $200k–$2.7M; Pre-Seed $161k–$214k
  • Lead/follow: 54% lead, 46% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Julaya — Julaya is a fintech providing African businesses with a digital account to make payments : disbursing mobile money transactions to their employees, suppliers, and owning their own virtual and physical prepaid cards.
  • Tajiri — Tajiri is a SaaS application that designs and improves restaurant management to get profits.
  • Workpay — Looking for the best payroll software in Kenya? Workpay provides the best payroll software and hr software for your business in Kenya, Nigeria and for Africa
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Cem Garih
Angel · London, England, United Kingdom · 4 investments in Africa Transportation startups

Investor

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Investment focus

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

Investor stats

  • Total investments: 26
  • Round size: Seed $841k–$4.3M; Pre-Seed $460k–$1M; Series A $5M–$17M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Troop — Troop is an app for retail investors to vote, organize shareholder resolutions and activist campaigns. Sign up for early access today.
  • Moment — Quickly deploy a full suite of fixed income investing tools to your clients in no time via our modern APIs. Trusted by firms representing over $100B in assets.
  • TradeX — TradeX lets you take positions on future events. Predict the outcome using data, earn money and learn something new. Earn Money online with online trading. Download the app & get FREE signup bonus.
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Consonance Investment Managers
VC Fund · Lagos, Lagos, Nigeria · 4 investments in Africa Transportation startups

We are an investment company focused on helping early and growth-stage entrepreneurs build successful companies in Africa.

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Investment focus

  • Industry: Software, Information Technology, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 30
  • Round size: Seed $550k–$2.5M; Pre-Seed $450k–$1M; Series A $50k–$1.3M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Releaf — We are industrializing food processing in Africa. We've led 1000+ smallholder farmers to provide food factories with >7.5 million kilograms of quality crops.
  • Tripesa — Tripesa offers payment solutions for Africa's travel and tourism industry.
  • Norebase — Norebase knows that there's an opportunity to grow successful businesses in Africa. It also understands the complexities of the market, and so is using technology to make doing business in Africa worthwhile. With Norebase get to operate in Africa with no hassle and with minimum risk.
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CDG Invest
VC Fund · Rabat, Rabat-Sale-Zemmour-Zaer, Morocco · 4 investments in Africa Transportation startups

CDG Invest is the investment branch of the CDG group. CDG Invest acts both as an investment manager for its own account following both financial and strategic logic, as well as as a fund manager for third parties. CDG Invest intervenes in various key sectors of the Moroccan economy: industry, agro-food, digital/digital, renewable energy, andterritorial PPP and with various segments of companies.

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Investment focus

  • Industry: Apps, Software, Internet
  • Stage:Pre-Seed, Seed, Convertible Note
  • Geography: Morocco, France, Switzerland

Investor stats

  • Total investments: 21
  • Round size: Seed $294k–$4M; Pre-Seed $200k–$200k
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • Cathedis — Cathedis has been a partner of e-merchants, adapting to the evolutions of the e-commerce market. Taking into account the trends and needs of e-merchants and e-buyers, as the constraints of their business. Their offers are always more important, competitive, personalized, and innovative.
  • Oncorad groupe — Oncorad groupe is a health care organization that specializes in oncology and radiology services for the prevention and treatment of cancer.
  • Freshcut Morocco — Freshcut Morocco is an agro-industrial firm.
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FJ Labs
VC Fund · New York, New York, United States · 4 investments in Africa Transportation startups, 51 in the past 12 months

FJ Labs is a stage-agnostic investment firm that focuses on marketplaces and consumer facing startups.

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Investment focus

  • Industry: E-Commerce, Software, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Kingdom, Brazil

Investor stats

  • Total investments: 491
  • Round size: Seed $1.1M–$8.6M; Series A $3.5M–$23M; Series B $7.1M–$107M
  • Lead/follow: 4% lead, 96% follow
  • Last fund: May invest from a new fund soon — last raise in 2016

Portfolio highlights

  • Metaloop — Metaloop is a scrap trading company that helps businesses from the metal recycling industry to boost revenue without scaling.
  • Cardino — Cardino - Verkaufen Sie Ihr E-Auto digital zum besten Preis. Entdecken Sie die einfache und bequeme Art, Ihr Elektroauto online zu verkaufen.
  • Beckley Waves — Beckley Waves funds, supports, and mentors the emerging leaders, entrepreneurs, and partnerships working to create the operational infrastructure of a global psychedelic ecosystem.
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Interswitch
VC Fund · Lagos, Lagos, Nigeria · 4 investments in Africa Transportation startups

Interswitch is an Africa-focused integrated digital payments and commerce company that facilitates the electronic circulation of money as well as the exchange of value between individuals and organisations on a timely and consistent basis. The company started operations in 2002 as a transaction switching and electronic payments processingcompany that builds and manages payment infrastructure as well as deliver innovative payment products and transactional services throughout the African continent.

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Investment focus

  • Industry: Transportation, Logistics, Apps
  • Stage:Seed, Series A
  • Geography: Nigeria, Kenya, United States

Investor stats

  • Total investments: 5
  • Round size: Seed $1.5M–$2.6M
  • Lead/follow: 20% lead, 80% follow
  • Last fund: May invest from a new fund soon — raised $10M in 2015

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.
  • Shuttlers — Shuttlers is a platform that offers mobility solutions by providing scheduled bus-sharing services for the professionals within the region.
  • SlimTrader — SlimTrader is an e-commerce and mobile commerce firm. Its platform, MoBiashara, seeks to relieve the burdens associated with everyday transactions in developing countries by providing the missing link to completting these important activities: easy and affordable access. The company has developed the first platform in Africa that allows consumersto purchase services or shop for goods with their mobile devices.
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Factor[e] Ventures
VC Fund · Fort Collins, Colorado, United States · 4 investments in Africa Transportation startups

Impact venture builders dedicated to supporting the people and ideas that turn challenges in energy, agriculture, mobility, and waste into de-carbonized solutions for emerging and frontier markets.

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Investment focus

  • Industry: Energy, Renewable Energy, Agriculture
  • Stage:Seed, Series A, Angel
  • Geography: United States, India, Kenya

Investor stats

  • Total investments: 25
  • Round size: Seed $500k–$5M; Series A $1.3M–$10M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • SunFi — SunFi tech solution help people access solar energy with installation and payment plans.
  • Gateway.fm — GatewayFM is the first truly decentralized blockchain infra/node provider, with globally distributed, multichain infrastructure
  • Beacon Power Services — Beacon Power Services is a utility company that provides energy management software and analytics for utilities.
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Enza Capital
VC Fund · Nairobi, Nairobi Area, Kenya · 4 investments in Africa Transportation startups

Venture investor in high-growth Founders and Teams using technology to solve large and meaningful problems across Africa

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Investment focus

  • Industry: Logistics, E-Commerce, B2B
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, Kenya, South Africa

Investor stats

  • Total investments: 18
  • Round size: Seed $1.1M–$13M; Pre-Seed $1M–$1M; Series A $3.6M–$10M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • Djamo — Djamo is a Provider of financial applications to allow customers to use their cards with zero fees in a wide range of services.
  • Jumba — Jumba is a construction technology platform that streamlines B2B construction material purchase and financing.
  • Yebo Fresh — Powering South Africa's Township Economy.
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TLcom Capital Partners
VC Fund · London, England, United Kingdom · 4 investments in Africa Transportation startups

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.

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Investment focus

  • Industry: Software, Mobile, Information Technology
  • Stage:Series A, Series B
  • Geography: Nigeria, United States, United Kingdom

Investor stats

  • Total investments: 51
  • Round size: Series A $3.5M–$13M; Series B $10M–$27M
  • Lead/follow: 49% lead, 51% follow
  • Last fund: Likely still investing — raised $150M in 2022

Portfolio highlights

  • Sabipay — Pastel is a leader in Artificial Intelligence. We build products targeted at individuals (SwiftMoney) and enterprises (Sigma) in emerging markets
  • Talstack — Talstack is an all-in-one platform for employee growth and development
  • Terragon Group — Terragon is a leading Data and Marketing Technology company that uses data and analytics to help companies focused in Africa, intelligently connect at scale to their customers. We use an aggregation of online and offline data, and predictive scoring to help brands, marketing agencies and platforms accurately target people across channels anddevices. Headquartered in Lagos; Nigeria, we also have a presence in Kenya, South Africa, Ghana and India.
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Blockchain Founders Fund
VC Fund · Singapore, Central Region, Singapore · 4 investments in Africa Transportation startups, 16 in the past 12 months

We Focus Exclusively On Adding Value To Blockchain & Emerging Technology Projects With Real World Applications.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Pre-Seed
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 123
  • Round size: Seed $125k–$4M; Pre-Seed $15k–$6M
  • Lead/follow: 6% lead, 94% follow
  • Last fund: Likely still investing — raised $75M in 2022

Portfolio highlights

  • Freename — Redefining Web3 Naming System. Web3 Registrar: custom TLDs and Domains
  • LunarCrush — Smarter crypto, NFT, and stock investing with insights from millions of conversations happening across social.
  • SuperSight — SuperSight (https://supersight.xyz/), a UK-based start-up, is building crypto-specific Large Language Models (LLMs) to revolutionise the way we interact with crypto data. With 420 million crypto users but only 30,000 able to code for onchain insights, SuperSight bridges the gap, enabling easy access to information from a range ofboth on-chain and off-chain sources like Discord, Telegram, Twitter, Mirror, Podcast Transcripts, and news sites. Beyond just collecting data, SuperSight uses AI to improve the search experience, making it personalised, accurate, and ultimately, more insightful.
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Flexport
VC Fund · San Francisco, California, United States · 4 investments in Africa Transportation startups

Cut costs, automate workflows, reliably move goods, go carbon-neutral, and improve your supply chain from end to end. It all starts here.

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Investment focus

  • Industry: Logistics, Software, E-Commerce
  • Stage:Series A, Seed, Series B
  • Geography: United States, Pakistan, Egypt

Investor stats

  • Total investments: 54
  • Round size: Seed $1.8M–$5.3M; Series A $10M–$13M
  • Lead/follow: 2% lead, 98% follow

Portfolio highlights

  • Rybit — A leading technology platform that connects the last mile delivery industry, optimizing and simplifying day-to-day delivery operations.
  • Natilus — Natilus is a large scale drone manufacturing company. The company specializes in the manufacturing of Boeing 747 sized drones which provides inter-continental cargo delivery services and helps in reducing air freight costs. Natilus was founded by LZ Zhang, Anatoly Starikov and Aleksey Matyushev in 2016.First flight of their 2200 lbs / 30 ftdrone is scheduled for Summer 2018. At the end of 2018, Natilus completed a flight test of their 2200 lbs prototype.The first production vehicle scheduled for 2020 customer delivery underwent wind tunnel testing in April, 2019. Natilus currently holds an aircraft order book rumored to be in excess of $1B+.
  • Saltbox — Saltbox makes the hardest parts of running an ecommerce business simple. Explore our logistics and warehouse solutions growing eCommerce companies
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Kalon Venture Partners
VC Fund · Johannesburg, NA - South Africa, South Africa · 4 investments in Africa Transportation startups

A growing number of South Africans are investing in venture capital companies that operate under Section 12J of the Income Tax Act. Contact us now.

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Investment focus

  • Industry: Apps, Mobile Apps, Software
  • Stage:Seed, Series A
  • Geography: South Africa, Luxembourg, United States

Investor stats

  • Total investments: 15
  • Round size: Seed $539k–$3M
  • Lead/follow: 73% lead, 27% follow

Portfolio highlights

  • GoMetro — GoMetro designs deploy and operate flexible mobility platforms. Their proprietary technology stack empowers city leaders, transport managers, corporates, retail centres, property developers, airports and downtown to introduce bold new mobility strategies. Their connected transport digital platform equips transport planners to respond to thechallenges of increased congestion, aged infrastructure, disruptive mobility players, self-driving vehicles and a lack of quality public transport services.
  • Talk360 — Talk360 is an easy-to-use calling app that helps people make affordable international calls to any mobile and landline number. They believe that reliable communication and digital services must be affordable and accessible to everyone, regardless of someone's background. Especially people in emerging countries in Africa, who often need theseservices the most, do not always have the necessary banking possibilities. To bridge this distance, Talk360 will launch the world's first single checkout platform for Africa. This platform will combine all locally available payment methods and currencies across Africa, together with over 1.25 million cash points of sales, and will eventually be available to other companies as well. This means that 500 million Africans will be able to purchase digital services they never had access to before.
  • Sendmarc — Stop cyber criminals from sending emails using your domain and protect your customers, suppliers and employees from cyber attacks with DMARC Security.
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Proparco
VC Fund · Paris, Ile-de-France, France · 4 investments in Africa Transportation startups, 15 in the past 12 months

Proparco is devoted to private sector funding in the sustainable development sector.

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Investment focus

  • Industry: Financial Services, Finance, Energy
  • Stage:Debt Financing, Series B
  • Geography: India, Kenya, Mauritius

Investor stats

  • Total investments: 63
  • Round size: Series B $8M–$40M; Debt Financing $300k–$120M
  • Lead/follow: 42% lead, 58% follow

Portfolio highlights

  • Nuru — Nuru is a solar hybrid site. Nuru (Swahili for "light") is a company dedicated to enhancing connectivity in the Democratic Republic of Congo. Nuru deployed Congo's first solar-based mini-grid in 2017 and is currently constructing a 1.3MW solar hybrid site in Goma, the largest off-grid mini-grid in sub-Saharan Africa.Nuru is arenewable and environment company that specializes in the fields of storage micro-grids and solar energy. The company deployed Congo's first solar-based mini-grid in 2017 and is currently constructing a 1.3MW solar hybrid site in Goma.Nuru was founded in 2015 and headquartered in Goma, Nord-Kivu, Congo.
  • Sabesp — Sabesp is a Brazilian company that engages in providing basic sanitation services such as distribution of treated water, collection, and treatment of sewage. It is currently responsible for supplying water and collecting and treating sewage in the 367 municipalities of São Paulo state. It supplies 27.9 million people with water and provides sewagecollection services to 21.5 million people.Sabesp was founded in 1973 and is headquartered in Sao Paulo, Brazil.
  • 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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Village Global
VC Fund · San Francisco, California, United States · 4 investments in Africa Transportation startups, 30 in the past 12 months

Early stage venture capital backed by some of the world's best entrepreneurs.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, United Kingdom, India

Investor stats

  • Total investments: 229
  • Round size: Seed $1.8M–$9.3M; Pre-Seed $246k–$3.5M; Series A $5.5M–$18M
  • Lead/follow: 16% lead, 84% follow
  • Last fund: May invest from a new fund soon — raised $125M in 2021

Portfolio highlights

  • Atmosfy — Atmosfy lets you explore dining through video. Easily browse 10-second, engaging videos from customers who recently dined there.
  • OpenCover — Cover $5,000 from $1.14 per week on leading protocols including Curve, Uniswap, Aave and more. As seen on CoinDesk, Decrypt, The Block, Coin Telegraph.
  • Boost Capital — Boost Capital is a fintech company that offers online microfinance services at lower rates. It uses innovative technology to pre-qualify customers within minutes of applying for a loan based on ability and probability to repay. Boost Capital enables both collateralized and uncollateralized loans, with loan size across the small business spectrum(from $100 to $10,000). Its platform automates the loan application for MFI partners and allows customers to hear back on their loan applications 100x faster than through traditional paper-based loan applications.The company was founded in 2018 and is headquartered in Singapore.
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Alumni Ventures
VC Fund · Manchester, New Hampshire, United States · 3 investments in Africa Transportation startups, 102 in the past 12 months

Alumni Ventures offers diversified venture portfolios to accredited investors into highly competitive deals that individuals typically do not have access to on their own.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 729
  • Round size: Seed $850k–$7.5M; Series A $1.7M–$26M; Series B $11M–$45M
  • Lead/follow: 3% lead, 97% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • SigNoz — SigNoz is an open-source observability tool to help you find issues in your deployed applications & solve them quickly. It provides logs, metrics, and traces under a single pane of glass. Built with ClickHouse as datastore, it is designed to handle enterprise scale.
  • teachme.to — Teachme.to is a community of learners discovering lessons for everything.
  • Canid — We believe vaccinating shouldn't be hard and it shouldn't be a distraction from what's most important: taking care of the kids.
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Microtraction
VC Fund · Lagos, Lagos, Nigeria · 3 investments in Africa Transportation startups

We invest in Africa's most remarkable teams with technical founders at the earliest stage of their venture

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Nigeria, United States, Canada

Investor stats

  • Total investments: 57
  • Round size: Seed $25k–$1.2M; Pre-Seed $50k–$1M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $15M in 2022

Portfolio highlights

  • Famasi — Famasi is a digital health platform that helps people access their medications, schedule doorstep delivery, and automate monthly refills.
  • Pennee — Pennee supports small businesses to grow with low interest loans and data optimization.
  • Clafiya — Discover Clafiya: Your trusted digital health platform, uniting in-person care and virtual solutions for a personalized and caring healthcare experience. Embrace a healthier, happier you, with us by your side.
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Betatron Venture Group
VC Fund · Sheung Wan, Hong Kong Island, Hong Kong · 3 investments in Africa Transportation startups

Betatron Venture Group is a venture capital firm that invests in early-stage companies.

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Investment focus

  • Industry: Information Technology, Software, E-Commerce
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Hong Kong, India, China

Investor stats

  • Total investments: 37
  • Round size: Seed $30k–$1.5M; Pre-Seed $30k–$150k
  • Lead/follow: 38% lead, 62% follow
  • Last fund: Likely still investing — raised $15M in 2022

Portfolio highlights

  • Toku — At Toku, we help businesses in APAC build better customer experiences that drive more customer engagement. Headquartered in Singapore, we’re Asia Pacific’s bespoke cloud communications provider helping businesses overcome the complexity of digital transformation in the region, enhance their customer experience and cater to the growing demandfor hybrid work. As a channel-agnostic provider, Toku combines the most robust carrier-grade connectivity in APAC with local expertise and in-country infrastructure into bespoke CPaaS, CCaaS and UCaaS solutions that adapt to your business needs. Since its inception in 2018, Toku has worked with organisations as diverse as Gojek, JCDecaux, Public Utilities Board Singapore and foodpanda. Whether you are a sophisticated fully digital business or just starting your digital transformation journey, we have products to suit your internal collaboration and customer engagement needs.
  • Sinay — Use the full potential of your data with intelligent solutions. Become more efficient on a daily basis and reduce your environmental impact.
  • Baskit — baskit | Empowering wholesalers and distributors with the world's first cloud-native all-in-one app
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IDF Capital SA
VC Fund · Johannesburg, NA - South Africa, South Africa · 3 investments in Africa Transportation startups

IDF Capital is an established financier, that invests in high growth SMEs and entrepreneurial businesses. Specialist Entrepreneurial Financing Institution

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Investment focus

  • Industry: Automotive, Mobile Apps
  • Stage:Seed
  • Geography: South Africa

Investor stats

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

Portfolio highlights

  • Carscan — cARscan is an Augmented Reality app with an embedded visual recognition AI to track the visual condition of every motor vehicle during its life-stage.
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Lynett Capital
VC Fund · San Francisco, California, United States · 3 investments in Africa Transportation startups

Lynett Capital is an early stage investment firm dedicated to the empowering technology companies.

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Investment focus

  • Industry: FinTech, Wireless, Mobile
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Kenya, Nigeria

Investor stats

  • Total investments: 22
  • Round size: Seed $120k–$3M; Series A $3M–$10M
  • Lead/follow: 0% lead, 100% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • OpenYield — OpenYield is the modern bond exchange for retail. Equity-like liquidity for corporates and treasures.
  • Notabene — Crypto Compliance for VASPs & Regulators made simple! Notabene is a platform designed to bridge crypto markets with traditional financial systems. Book a demo today.
  • ABL Space Systems — ABL Space Systems is a company based in El Segundo, California, focused on launch vehicle and launch systems technology development.
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CRE Venture Capital
VC Fund · New York, New York, United States · 3 investments in Africa Transportation startups

Founded in 2015, CRE Venture Capital invests in early stage tech companies that are levered to Africa. CRE is headquartered in the New York metro area, with a regional office in Lagos, Nigeria.

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Investment focus

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

Investor stats

  • Total investments: 49
  • Round size: Seed $300k–$5M; Pre-Seed $250k–$3.3M; Series A $1.1M–$20M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • Sava — Sava is a multi-management platform that provides an unlimited number of virtual cards as well as automated accounting reconciliation.
  • 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.
  • Bettr — Bettr is a digital banking app for creator. Download the app to get your zero monthly fee digital bank account and virtual card. Join our community of creators, gamers, influencers, freelancers, tiktokkers, streamers, YouTubers and digital gig workers.
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Loyal VC
VC Fund · Toronto, Ontario, Canada · 3 investments in Africa Transportation startups, 11 in the past 12 months

Loyal runs a global venture fund with quarterly redemptions and a proprietary gate-stage process, reducing investment bias and unlocking greater returns. Partnered with INSEAD, Founder Institute, and 500+ advisors, we are Loyal to the world with 250+ investments in 50+ countries.

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Investment focus

  • Industry: Software, Artificial Intelligence, E-Commerce
  • Stage:Pre-Seed, Seed
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 129
  • Round size: Seed $78k–$2.5M; Pre-Seed $110k–$900k
  • Lead/follow: 14% lead, 86% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • InSyBio — A disruptor to Precision Medicine and Nutrition through biomarker discovery.
  • ZestIOT — ZestIOT is an IoT & AI enabled aviation platform to integrate passenger, baggage, aircraft, ground & airport operations.
  • Wellx — Turn your health into currency. At Wellx, we're focused on making you healthier. Insurance helps us make it happen.
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Ingressive Capital
VC Fund · Lagos, Lagos, Nigeria · 3 investments in Africa Transportation startups

Ingressive Capital they provide services in business development, partnerships, and financial support.

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Nigeria, United States, Ghana

Investor stats

  • Total investments: 25
  • Round size: Seed $400k–$2.2M; Pre-Seed $500k–$2.1M; Series A $10M–$15M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • Gamp — Gamp is an IT services provider that offers device protection plans and repair support for tech users and businesses.
  • 54gene — 54gene is a healthcare startup unlocking the African genome to fuel genetic research and development that may lead to new discoveries and benefit all populations.54gene was founded in 2019 by Dr. Abasi Ene-Obong to address the significant gap in the global genomics market: Nearly 90% of genetic material used in pharmaceutical research iscaucasian. Only 2% is African, despite the fact that Africans and people of African ancestry are more genetically diverse than all other world populations combined. As a result, pharmaceutical research and development is lacking the diverse data that may hold the key to medical discoveries and new healthcare solutions.
  • Subsbase — Discover the future of recurring revenue management with Subsbase. Streamline your operations, boost growth, and elevate customer experiences with our cutting-edge platform.
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Chandaria Capital
VC Fund · Nairobi, Nairobi Area, Kenya · 3 investments in Africa Transportation startups

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.

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Investment focus

  • Industry: E-Commerce, FinTech, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Kenya, United States, Egypt

Investor stats

  • Total investments: 28
  • Round size: Seed $200k–$6M; Pre-Seed $1M–$3M; Series A $2M–$37M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Leta — Leta Technology is a software development company that creates supply chain and logistics software to enable the efficient and automated movement of goods.
  • Jumba — Jumba is a construction technology platform that streamlines B2B construction material purchase and financing.
  • UTU Technologies — Trust infrastructure for the sharing economy.
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Raba Partnership
VC Fund · Cape Town, NA - South Africa, South Africa · 3 investments in Africa Transportation 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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Yamaha Motor
VC Fund · Iwata, Shizuoka, Japan · 3 investments in Africa Transportation startups

Corporate profile and facts about Yamaha Motor.

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Investment focus

  • Industry: Transportation, Robotics, Logistics
  • Stage:Corporate Round, Series A, Series B
  • Geography: Japan, India, Brazil

Investor stats

  • Total investments: 18
  • Round size: Series A $7M–$1.6B; Corporate Round $1.9M–$27M
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • Wassha — Wassha provide the rental device and charging service using clean energy. WASSHA lends all devices to start WASSHA business. Remote management and monitoration of every operation made possible with our innovative technology, so that we can check every transactions like sales, customer information, and power generation.We are looking for businesspartners to expand WASSHA to off-grid areas! s a power supplier for off-grid Africa.
  • Skipperi — Skipper is a meeting place for boats and boaters. Private individuals and companies can announce their boat rent for free. The boat can hire everyone whose skills and experience are on the boat owner's behalf. The boat owner decides who to rent their boats.
  • Arpac Drones — ARPAC delivers important results in pest control through their own research and development of their aircraft and application systems; as well as, performing services in locations where other vehicles can not reach.
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Ground Squirrel Ventures
VC Fund · Boston, Massachusetts, United States · 3 investments in Africa Transportation startups

Seed round investment in frontier markets and clean energy

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Investment focus

  • Industry: Renewable Energy, Solar, Energy
  • Stage:Seed, Series A
  • Geography: United States, Zambia, Madagascar

Investor stats

  • Total investments: 27
  • Round size: Series A $1.8M–$5M
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • Oze — OZÉ brings African small businesses into the digital era. It is an app that makes it easy for businesses to track sales, expenses, and customer information. The data is analyzed to provide tailored recommendations, reports, and business education. If the entrepreneur needs a little extra support, an OZÉ Coach is just a click away. As they are usingOZÉ to manage their business and learn how to run it better, we are learning about them. Using this data and machine learning, we can predict their credit risk and provide them with affordable capital from our banking partners. With over 20,000 registered users, OZÉ is the largest online community of SMEs in Ghana. The most exciting thing is that OZÉ works; 97% of businesses that have used OZE for at least 9 months are growing or profitable or both!
  • Twende — Twende connect people traveling in the same direction - drivers offer the empty seats in their car to other travelers going the same way.
  • 4G Capital — Financial Services, Small Business Loans, Unsecured Loans, Microfinance, Credit Solutions, Working Capital, Flexible Repayment Options, Quick Loan Disbursements, Collateral-free Loans. banking 4G Capital. Kuza. Kawi, Upia, NXTGEN, africa bank. kenya bank. uganda bank. Green Investment, Sustainable returns. funding. impact
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Mobility 54
VC Fund · 3 investments in Africa Transportation startups

Mobility 54 is a joint venture among Toyota Tsusho Corporation and CFAO.

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Investment focus

  • Industry: Financial Services, Transportation, Information Technology
  • Stage:Seed, Series A
  • Geography: Kenya, Nigeria, Côte d'Ivoire

Investor stats

  • Total investments: 13
  • Round size: Seed $3.2M–$13M; Series A $6.1M–$6.3M
  • Lead/follow: 46% lead, 54% follow

Portfolio highlights

  • BasiGo — BasiGo is an early-stage e-mobility start-up looking to revolutionize the public transportation sector by providing matatu owners with a cost-effective electric alternative to diesel buses.
  • Tugende — Tugende helps motorcycle taxi drivers own their own motorcycles in eighteen months or less instead of renting indefinitely. Ownership significantly increases income, job security and road safety.
  • ETAP — ETAP is a digital insurance application that allows you to set up your car insurance in just 90 seconds.
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AlphaCode Club
VC Fund · Gauteng, NA - South Africa, South Africa · 3 investments in Africa Transportation startups

AlphaCode is a club for next generation financial services entrepreneurs. They are building a world-class financial services eco-system that brings together entrepreneurs, intrapreneurs, industry experts, thought leaders and partner organisations. By connecting, sharing knowledge and developing unique insights, AlphaCode aims to transform thefinancial services industry.

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Investment focus

  • Industry: Financial Services, FinTech, Automotive
  • Stage:Grant, Debt Financing
  • Geography: South Africa, United Kingdom

Investor stats

  • Total investments: 26
  • Round size: Grant $24k–$108k; Debt Financing $131k–$655k
  • Lead/follow: 73% lead, 27% follow

Portfolio highlights

  • Abela — Abela is a mobile payments platform that allows the underserved to make and receive payments.
  • Vocalysd.ai — Vocalysd is a customer-centric, AI-powered insights tool. Vocalysd unlocks usable, easy-to-digest insights from your conversational data. These insights are key to optimising client interactions and enhancing your customers' experience.
  • Welo Health — Welo Health is an innovative Healthtech Company. It to provide at-home health services.
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Yves Guillemot
Angel · 3 investments in Africa Transportation startups

Fresh out of business school, Yves Guillemot and his brothers embarked on an adventure in the nascent video game industry and founded Ubisoft in 1986. Early on, Yves understood that creating original content in-house and growing proprietary brands would be key to Ubisoft’s success. His vision to use technological breakthroughs as an opportunity toinnovate, create brands and win over market share proved hugely successful over the years. With a strong focus on organic growth and efficiency, he has developed an organization recognized for its unrivalled collaborative mindset and for being highly competitive, with over two thirds of production based in cost-competitive countries.Yves has led Ubisoft’s evolution over the years with player engagement at the core of the company’s development. Ubisoft is one of the pioneers and a leader of the open world genre, which has become one of the industry’s most popular gaming segments. Ubisoft also develops successful multiplayer games and delivers state-of-the-art live operations that engage fans in the long term.Under Yves’ tenure, Ubisoft launched three of the world’s four best new videogame brands of all time ─ with Tom Clancy’s The Division leading the way ─ a remarkable achievement. The company’s unique capacity as a creator of blockbuster entertainment franchises has created massive value for Ubisoft’s shareholders.As the owner of its brands, Ubisoft today is in a unique position to broaden its franchises’ reach to a much wider audience through movies, TV shows, theme parks and consumer products. Under Yves’ direction, the company is taking an innovative approach by keeping creative control over its major projects ─ a first in the industry ─ to ensure consistency with the franchises’ DNA.Over the past 30 years Yves has led Ubisoft in its evolution from a local video game distributor, to a global entertainment leader. Yves has grown alongside the industry and has a deep understanding of what it takes to survive in a fast-moving, high-risk environment, at the crossroads of creation and technological disruption. His strong business acumen is sought out by multinationals such as Lagardère and Rémy Cointreau whose boards he sits on. He was named Entrepreneur of the Year by Ernst & Young in 2009, and Glassdoor elected him one of the Top 3 most beloved CEOs in France in 2015.

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Investment focus

  • Industry: Logistics, E-Commerce Platforms, Location Based Services
  • Stage:Seed, Series A
  • Geography: Nigeria

Investor stats

  • Total investments: 3
  • Round size: Seed $500k–$1.7M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Kwik — Kwik Delivery is the fastest and most affordable delivery service for your businesses in Lagos, Abuja, and Ibadan. We deliver under 2 hours.
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E4EAfrica
VC Fund · Cape Town, NA - South Africa, South Africa · 2 investments in Africa Transportation startups

E4E (“Entrepreneurs for Entrepreneurs”) specializes in supporting early stage ventures in South Africa from very early stage (pre-series A) to scale up.E4E focus on smart entrepreneurs and business ideas that are great businesses and make a significant contribution to a better (South) Africa.

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Investment focus

  • Industry: Internet, Logistics, E-Commerce
  • Stage:Seed, Series A, Series B
  • Geography: South Africa, France, The Netherlands

Investor stats

  • Total investments: 11
  • Round size: Seed $3M–$5.3M; Series A $1M–$4.3M
  • Lead/follow: 45% lead, 55% follow

Portfolio highlights

  • Talk360 — Talk360 is an easy-to-use calling app that helps people make affordable international calls to any mobile and landline number. They believe that reliable communication and digital services must be affordable and accessible to everyone, regardless of someone's background. Especially people in emerging countries in Africa, who often need theseservices the most, do not always have the necessary banking possibilities. To bridge this distance, Talk360 will launch the world's first single checkout platform for Africa. This platform will combine all locally available payment methods and currencies across Africa, together with over 1.25 million cash points of sales, and will eventually be available to other companies as well. This means that 500 million Africans will be able to purchase digital services they never had access to before.
  • SweepSouth — Book a home cleaning online from your mobile, tablet or computer. SweepSouth connects you with a cleaner in minutes. Cleaners are experienced, reliable, efficient and insured.
  • Yebo Fresh — Powering South Africa's Township Economy.
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Esas Ventures
VC Fund · Istanbul, Istanbul, Turkey · 2 investments in Africa Transportation startups

Esas Ventures is the venture capital arm of Esas Holding, one of the largest family-owned investment firms in Turkey and is backed by the first and second generation family members of Şevket Sabancı, one of the founding members of Sabancı Holding, a leading Turkish conglomerate.With offices in Istanbul and London, Esas Ventures invests in earlystage companies globally.

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Investment focus

  • Industry: Health Care, E-Commerce, Software
  • Stage:Seed, Series A
  • Geography: United States, Kenya, Canada

Investor stats

  • Total investments: 29
  • Round size: Seed $125k–$9M; Series A $6.1M–$17M
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • Procol — Procol offers smart procurement software that helps companies take control of their procurement operations with efficiency and transparency.
  • Flora — Flora is the only sustainable brand platform acquiring and growing Amazon FBA brands with a world-class team of professionals.
  • Gowit Technology — GoWit is a leading AdTech company, specializing in a multi-channel Retail Media Ads platform for online retailers. Our main objective is to empower businesses with comprehensive advertising solutions and maximize ad monetization. To reach a broader audience, we offer a variation of on-site & off-site advertising options such as SponsoredProducts, Sponsored Brands, Display, Video and In-Store Ads. With a clear focus on transparency, we are committed to helping our partners establish a powerful presence in the ever-growing world of retail.
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Lateral Capital
VC Fund · New York, New York, United States · 2 investments in Africa Transportation startups

Lakeland Dental Offers Family Dentistry, Teeth Whitening, Tooth Fillings, Dental Crowns, & Dental Implants. Call Us In Staples, Clarissa, Or Long Prairie, MN

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Investment focus

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

Investor stats

  • Total investments: 32
  • Round size: Seed $1M–$3M; Pre-Seed $500k–$3.5M; Series A $558k–$15M
  • Lead/follow: 18% lead, 82% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • CNote — CNote created technology to streamline community-centered impact investing at scale. Further Racial Equity and Social Justice by investing with CNote.
  • Rhaeos — Rhaeos, the world's first wearable shunt monitor, aims to improve the quality care for patients with hydrocephalus through a novel, thermal biosensor. Developed within Northwestern University with collaboration between Dr. John Rogers, McCormick School of Engineering, Feinberg School of Medicine and Kellogg School of Management, Rhaeosrepresents a unique multidisciplinary translational effort for an important clinical need.
  • Masa — Masa Finance seeks to disrupt traditional centralized credit infrastructure by providing individuals, businesses, and developers with the tools to access credit and enable untapped wealth creation for 4.95B people globally.
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Two Culture Capital
VC Fund · Dublin, Dublin, Ireland · 2 investments in Africa Transportation startups, 8 in the past 12 months

The art and science of entrepreneurship

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Investment focus

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

Investor stats

  • Total investments: 72
  • Round size: Seed $1.1M–$10M; Pre-Seed $350k–$7.7M; Series A $6.9M–$11M
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • Figuro — Figuro is reshaping the brokerage channel for insurance companies in LATAM by transforming how insurance is bought, sold and designed. That means no more photocopies, no printed forms, no waiting for hours or days to get a quote or a policy. Today, more than 60% of insurance sales in the region are made through a channel that hasn't changed in50 years, that relies mostly on human activity, paper or Excel -for the innovators-. We are more effective and efficient than any other traditional broker in the market for individuals and families.
  • Trebellar — Trebellar provides advanced data analytics for building occupancy, energy efficiency, and climate optimization. Maximize your workplace productivity with our intelligent building solutions.
  • Operant — Operant.AI is an intelligence platform for collection agents and customer success teams.
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