Plotting Africa’s Startup Funding Landscape: A List Of Over 500 Active Investors In The Last 5 Years

Africa has come a long way in startup financing. Since 2015 at least, thousands of investors — angels, venture capital and private equity firms, credit institutions, high net worth individuals, family offices, accelerators, incubators, development finance institutions, non-profit entities, etc. — have passed through the continent’s startup ecosystem, dropping some funds. However, while different classes of investors have populated this ecosystem, venture capital firms (aka VCs) have shown persistence as well as resourcefulness with funding. 

startup investors

In the course of plotting this investment landscape, what was most striking was the intensity of the rise of new funds meant for the ecosystem in the past three years alone; that is, between 2017 and 2020. It is expected that many more funds of this nature will crop up even, especially as more parts of Africa continue to migrate to the internet, partly forced by the coronavirus pandemic. 

That said, it must be pointed out that the long list below is not exhaustive of all the investors that have ever invested in the ecosystem. In deciding who made the list, all the investors that invested between 2019 and January 31, 2021 were, substantially, listed. For 2018 and backwards, a majority of one-time investors were excluded. They are called one-time because there was no evidence to support any subsequent investments by them. It became necessary to do so so as to assist founders in knowing who is probably still in business, and who to immediately reach out for investments. The door is still very much open, however, for any investor who was not captured in the list but who wishes to be added onto it.

It must also be pointed out that venture capital firms have mostly been preferred over other types of investors because of the very nature of startups themselves. 

Finally, if the list becomes so cumbersome, tiring to use, or simply boring and you would wish to have a hold of the first-hand document pasted here, kindly feel free and reach across to the writer through any medium, to have the document or more sent to you, although it must be noted here, also, that the document is not free.

Afrikan Heroes continues to wish you the best in your fundraising journey this year and beyond. 

Find the list next:

S/NName of  InvestorBase Country of OperationsSector/Stage FocusAverage Size of InvestmentYear (s) of InvestmentNotable Startups
in Portfolios
1TLcom CapitalLagos, NigeriaEarly stage, fintech, healthtech, logisticsUp to $1m and above2017; 2018; 2019; 2020; 2021Pula; uLesson; Kobo360; Andela; Twiga Foods
2Gaia Impact FundFranceClean energyUp to $500k and above2021;2020; 2019; 2018Innovex; upOwa; Oolu
3Orange FabFranceEarly stageUp to  $100k2021Biosave
4Owl VenturesUSAEdtechUp to $1m2021uLesson
5Founder CollectiveUSAEarly StageUp to $500k2021; 2020uLesson
6LocalGlobeUKSeed 2021;uLesson
7Maxula Seed FundTunis, TunisiaSeedUp to $100k2021MooMe
8All OnLagos, NigeriaEnergy/off-gridUp to $1m and above2019; 2020Arnergy; Oolu
9Anorak VenturesUSAConvertible Note, Early Stage Venture, SeedUp to $100k and above2021OZÉ
10Matuca SarlLuxembourgInventment, early stageUp to $100k and above2021OZÉ
11Rising Tide AfricaLagos, NigeriaFemale startups, edtech, early stageUp to $100k2021OZÉ
12Ingressive CapitalLagos, NigeriaPre-seed, seed, early stage, growthUp to $400k2018; 2020; 2021OZÉ; Vesicash; 54gene
13MEST AfricaAccra, GhanaSeedUp to $200k2018; 2019; 2020; 2021OZÉ; Nvoicia; Cofundie
14AUC AngelsCairo, EgyptEarly Stage, North AfricaUp to $200k2019; 2020; 2021Opio; ILLA
15Flat6LabsCairo, EgyptEarly Stage, Seed North AfricaUp to $20k2018; 2019; 2021Opio; ILLA; Brimore
16Investment Fund for Developing CountriesCopenhagen, DenmarkInvestments, impact investingUp to $1m and above2021Daystar Power
17STOAFranceEnergy/Off-grid, impact investingUp to $1m and above2021Daystar Power
18Verod CapitalLagos, NigeriaInvestments, ESG, energy, etc.Up to $1m and above2021Daystar Power
19Persistent EnergyNew York, United StatesInvestments, ESG, energy, etc.Up to $1m and above2017; 2018; 2019; 2020upOwa; Daystar Power; Oolu; Zonful
20Morgan Stanley Investment ManagementUnited KingdomInvestmentsUp to $1m and above2021Daystar Power
21EchoVCLagos, NigeriaEarly stage, seed$25k  to above $1m2015; 2018; 2019; 2020; 2021Agro Intelligence; Lori Systems; Hotels.ng; myPadi.ng
22Intel CapitalUSAArtificial intelligence, autonomous vehicles, datacenter and cloud, 5G, next-generation computeUp to $1m and above2021Agro Intelligence
23TPG AfricaLondon, UKGrowth EquityUp to $1m and above2018; 2021Agro Intelligence
24Alexandria FundCayman IslandsEarly stageUp to $100k and above2021Nawah Scientific
25Cairo AngelsEgyptEarly stage, North AfricaUp to $100k and above2016; 2017; 2018; 2019; 2020;2021Nawah Scientific; HireHunt; AlMaqarr; Buseet
26Alex AngelsEgyptEarly stage, North AfricaUp to $100k and above2017; 2018; 2019; 2020; 2021Nawah Scientific; AlMaqarr
27Hult Alumni AngelsLondon, UKEarly stageUp to $100k2021Nawah Scientific
28DisruptechEgyptEarly stage, Egypt, fintech, North AfricaUp to $1m2020; 2021Cassbana; Fatura
29Innlife InvestmentsCairo, EgyptSeed, EgyptUp to $100k2020Sigma Fit
30ACE & CompanyGeneva, SwitzerlandInvestmentsUp to $100 and above2020Source Beauty
31Goodsoil VCLondon; AccraEarly stageUp to 500k and above2020ZeePay
32Enygma VenturesUSAEarly stage, Southern African women, fintech, etc.Up to $500k and above2020Lupiya; Premier Credit
33Ludlow VenturesUSAConvertible Note, Early Stage Venture, Seed, VentureUp to $200k and above2020; 2021Umba
34Frontline VenturesDublin, IrelandB2B, early stage, seed, late, stage.Up to $200k and above2021Umba
35Act Venture CapitalDurblin IrelandMulti stageUp to $500k2021Umba
36XM2 PURSUITUKInvestment, droneUp to $100k and above2021Charis UAS
37TechstarsColorado; Austin, USASeed, early stage, investmentsUp to $100k and above2017; 2019; 2020OnePipe; The Sun Exchange; Farmcrowdy
38Nordic Impact FundsCopenhagen, DenmarkEast Africa, impact investingUp to $100k2019XENO
39Future Perfect VenturesNew York, USAEarly stage, blockchain, crypto, IoT, and AIUp to $100k and above2014; 2020OnePipe; AZA
40Raba CapitalCape Town, South AfricaSeed, early stage, investmentsUp to $100k and above2018; 2020OnePipe; Flutterwave
41PI VenturesSan Francisco, USAIdea, pre-seed, seedUp to $100k and above2020OnePipe
42Sherpa AfricaSouth AfricaEarly stage, pre-seedUp to $50k and above2020OnePipe
43Zedcrest CapitalLagos, NigeriaFintech, real estate, investmentsUp to $200k and above2020OnePipe
44DFS LabSeattle, USAEarly stageUp to $100k2017; 2018; 2019; 2020OnePipe; Nobuntu; Pezesha
45Angels ( Brandon Drew, Idris Ayo Bello, Rolaco, Gehan Fathi, Quirky Ventures, Jim Chu, Haresh Aswani, Vishal Agarwal, Folabi Esan, Chris Adelsbach, Rally Cap; Esther Dyson, Nijhad Jamal, Aadil Mamujee; Olumide Soyombo, Selma Ribica, Sandeep Nailwal, Shakir Merali Raffael Johnen (founder of Auxmoney), Johan Lorenzen (founder of Holvi), Brandon Krieg/Ed Robinson (founders of Stash), and Oliver and Lish Jung (angel investors in Nubank, Revolut, and Chime), Jim Waltrip, Dali Kilani, Bechir Tourki, Houssem Aoudi, Mohamed El Khamissy, Khaled Helioui and Cyril Grislain, Sylvie Ganter, Christophe, Cervasel, AngelSquare, Anaxago platform, Dr. Daniel Vasella, ex-chief executive of Novartis, Silicon Valley investor Jim Breyer, Amr Awadallah, co-founder of Cloudera, and Jim Payne, founder and CEO of MoPub, Lars Fjeldsoe-Nielsen(Former VP of mobile at Uber and Dropbox), Malek Sultan, Islam Mahdy (CEO of Credence), Calvin Ayre, Aziz Ketari, Hedi Ketari, Ahmed Mhiri, Welid Mnif, Hedi Hachouch, Slim Bouzguenda, Malek Ben Ayed, and Mehdi Triki, Tarek Sakr and Hamad Al Homizi, Flexport CEO Ryan Petersen and Nigerian founder Iyinoluwa Aboyeji, Jamal El Dabal, Frederik Gerner and Bas Hochstenbach, Abdelmoneim Al-Adawy, Black Coffee, Mohamed Elbazz, Property Finder chief executive officer (CEO) Michael Lahyani, Esther Dyson, Nijhad Jamal, Aadil Mamujee, Selma Ribica, and Shakir Merali,  Haresh Aswani with, Mohamed Gaballah, CEO of Egygab Holding, Sahil Lavingia, Essa Al-Saleh, Adam Molai, Lachy Groom (ex-Stripe staff), Shravin Bharti Mittal, Matt Mullenweg, Joel Gascoigne, David Hauser, Andrew Wilkinson, Vinny Lingham, Daniel Guasco, Wayne Gosling, Manuel Koser, Justin Drennan, Riaan Conradie, Roy Rodenstein, Collis Ta’eed, Ta’eed, Guillermo Rauch, Jesse Rasch, Michael Leeman, Mark Levitt and Henk Kleynhans, Maude Gliwa, Bill Paladino and Jacques Ludik; Kevin Gaskell, Taurai Chinyamakobvu, Brett Hurt; Rishi Varma; Saurabh Khetrapal; Jason Reneau; Alykhan Nathoo; Scott Kosch; Faisal Jiwa; Ed Keller; Aadil Mamujee; Dale Mathias; Edward Mathias; Claude Wasserstein; and Shamir Jiwa, Tyler Scriven, Michael Cohn, Josephine Group, FC Agro Allied SPV and Dr Christof Walter, chairman of EDventure Holdings Esther Dyson, Boston-based investor Joe Caruso, Patrick Munis, sther Dyson and Jambu Palaniappan, Wade Flemons  Hans Hawinkels, experienced Silicon Valley investor Justin Caldbeck, Y Combinator chief executive officer (CEO) Michael Seibel, Ahmed Kamal Selim, Julian Dames, foodora’s co-founder and DeliveryHero vice president.2021; 2020; 2018; 2019; 2017; 2015; 2016OnePipe; Kuda; Wee Media; NowPay; ThankUCash; GoMyCode; NextProtein; mPharma; Instabug; Kukua; Brimore; Argnineering; Centbee; Intigo; Lori Systems; SweepSouth; SWVL; Ilara Health; Kuda; isqan.com; Cowryrise; Odiggo; mPharma; Receiptful; The Student Hub; delvv.io; BitcoinFundi; Bamba; Farmcrowdy; SWVL; Aerobotics; Jamii; Xeneoh; Bwala; Kudi; MerQ; Elmenus
46Lateral CapitalNew York, USADebt, Early Stage Venture, Late Stage VentureUp to $100k and above2018; 2019; 2020Asoko Insights; Lynk
47Ventures PlatformLagos, NigeriaEarly stage, seedUp to $100k and above2018; 2019; 2020Flutterwave; Mono; MDaaS; ThankUCash; Trove
48Golden Palm InvestmentsAccra, GhanaInvestments, early stage, growth capital, real-estate, agribusiness, technology, etcUp to $500k and above2017; 2018; 2019; 2020Flutterwave; Mono; Chaka; Autochek; Sokowatch; Tizeti
49Orange VenturesFranceEarly Stage , Networks & IT, Digital Business, Cybersecurity, and Fintech) and beyond (Consumer platforms, E-gaming, Edtech, Health, etcUp to $1m and above2018; 2020Chari.ma; Africa’s Talking; Yoco
50DOB EquityNetherlands; Kenya; TanzaniaEast African startups, energy, growthUp to $1m2016; 2017; 2018; 2019; 2020Ilara Health; Twiga Foods; Mr. Green Africa
51Global VenturesDubaiEarly stageAbove $1m2020Ilara Health; Paymob; Helium Health
52Chandria CapitalNairobi, KenyaSeed, Growth, Series A, Series BUp to $500k2018; 2019; 2020Ilara Health; Carry1st; Kobo360
53ShakaVCNairobi KenyaFintech, health, new retail, transport and logistics.Up to $1m2019; 2020Ilara Health; GONA
54Villgro KenyaIndia;  KenyaEast Africa, health, early stageAbove $100k2018; 2019; 2020Ilara Health; Turaco
55RP GlobalLagos, Nigeria; Wien AustriaEnergy/Off-gridUp to $1m and above2020Oolu
56Persistent EnergyZurich, SwitzerlandEnergy/Off-gridUp to $1m2020Oolu
57DPI Energy VenturesSingaporeEnergy/Off-gridUp to $1m2019; 2020Oolu
58Falak StartupsEgyptSeed, Pre-seedUp to $100k2019Raseedi
60AfricInvestTunisiaInvestmentsUp to $1m and above2019; 2020Aerobotics; InstaDeep
61FMO Ventures ProgramNetherlands; Johannesburg, South AfricaAgriculture, fintech, energy, investmentsUp to  $1m2018; 2020Aerobotics; Easy Solar; Apollo Agriculture
62Cathay AfricInvest Innovation FundFranceSeed, growth, logistics, e-commerce, edtech, fintech, mobility, healthtech, energy and agtech.Up to $1m and above2020Aerobotics
63Energy Access VenturesParis, France.Energy/Off-gridUp to $1m2017; 2019; 2020SunCulture; PayGo Energy; PEG Africa; PAYG
64Electricte de FranceFranceEnergy/Off-grid 2020SunCulture
65Acumen Capital PartnersUKEnergy/Off-grid, impact investingUp to $1m2017; 2020SunCulture; Easy Solar; PEG Africa
66Dream Project IncubatorsSingapore, SingaporeEnergy/Off-gridUp to $1m and above2020SuncCulture
67Investisseurs & PartenairesParis; Burkina Faso; Cameroon, French-speaking Africa.Impact investingUp to $1m and above2020;StarNews; PEG Africa
68Expert DojoCalifornia, USAPre-seed; SeedAbove $100k2020;StarNews; MARJ3
69Blue Heaven InitiativeMassachusetts, United StatesImpact investingUp to $1m2017; 2018PEG Africa; Twiga Foods
70GFH HoldingsBahrain Financial Harbour, BahrainInvestmentsUp to$100k2020Africa Foresight Group
71ENGIE Rassembleurs d’EnergiesParis, France.Impact investing, energy, early growth stage, late growth StageUp to $1m2017PEG Africa
72AcumenNew York, USAImpact investing, agriculture, energy, etc.Up to $1m2017; 2019; 2020;PEG Africa; PowerGen
73PCG InvestmentsLoosdrecht, NetherlandsFintech, impact investingUp to $1m2017PEG Africa
74Lorax Capital PartnersZamalek, Al Qahirah, EgyptGrowth, Egypt, private equityUp to $500k and above2020Dsquares
75Algebra VenturesCairo, Al Qahirah, EgyptEarly stageUp to $500k and above2017; 2018; 2019;  2020Dsquares; GoodsMart; Elmenus; Eventtus; La Reina; iCommunity; Halan; Trella; Brimore; Orcas
76Ezdehar ManagementEgyptEgypt, Private equityUp to $1m and above2020Dsquares
77GreenTech CapitalGermanyEarly stageUp to $100k  and above2018; 2019; 2020Bismart; Pricepally; WidEnergy; Parcel-it; SuperFluid
78LendableUKDebtUp to $1m and above2019; 2020Planet42; OneFi
79Y CombinatorUSAEarly stage$150k2015;2016; 2017; 2018; 2019; 2020Paystack; Kobo360; Oolu; Aella; Tizeti
80GreenHouse CapitalLagos, NigeriaEarly stageUp to $100k2016; 2017; 2020CredPal; Helium Health
814DX VenturesNew York; Ghana; EgyptEarly stage, ecommerce, etcUp to $1m2018; 2019; 2020Eksab; MaxAB; Sokowatch; Tizeti; Flutterwave
82ShEquityMauritiusFemale founders2020WidEnergy
83Groupe CofinaCôte d’Ivoire, Burkina Faso, Mali, Guinea-Conakry, Congo-Brazzaville, Gabon and Senegal.MesofinanceAbove $100k2020Ogooue Labs
84Goodwell InvestmentsNetherlandsEarly stageAbove $1m2015; 2016; 2018; 2019; 2020Inclusivity Solutions; CopiaKenya; Sendy; Paga; WhereIsMyTransport
85Sawari VenturesEgyptEarly stage, EgyptUp to $1m2018; 2020ExpandCart; SWVL
86Agility VenturesKuwaitEarly stage, North Africa, delivery & logistics, Ecommerce, Food & Beverage, IoT, Renewable Energy,Transport, Agnostic,Technology, Artificial IntelligenceUp to $1m and above2019; 2020ExpandCart
87Graphene VenturesPalo Alto, USAMulti stageUp to $1m2020ExpandCart
88Africa Capital AllianceLagos, NigeriaPrivate EquityUp to $20m2020Accelerex Holdings
89Ribbit CapitalPalo Alto, USAEarly stage, financeUp to $1m and above2020Chipper Cash
90Bezos ExpeditionUSAEarly stageUp to $1m2020Chipper Cash
91500 StartupsUSAEarly stageUp to $500k2015; 2016 2017; 2018; 2019; 2020Chipper Cash; Aella; Dabchy; NowPay; La Reina; Mumm; Eventtus; Buseet; Brimor
92Liquid 2 VenturesSan Francisco, USAEarly stage, seed stageUp to $1m and above2020Chipper Cash
93Transition Level InvestmentsQueensland, AustraliaEarly stage, seed stage, investments, consultingUp to $1m and above2020Chipper Cash
94One Way VenturesMassachusetts, USASeed stage, early stage, immigrant AmericansUp to $1m2020Chipper Cash
95Deciens CapitalSan Francisco, USAEarly stage, fintech (payments, lending, insurance, regtech, risk mananagement, capital markets, trade finance)Up to $1m and above2019; 2020Chipper Cash
96Catalyst FundUSAEarly stage, fintech, ecommerce, agritechUp to $100k2017; 2019; 2020Chipper Cash; OMG Digital; Turaco
97Le Studio VCParis, FranceEarly stageUp to $1m2019FairMoney
98MSA CapitalBeijing, ChinaEarly stageUp to  $1m2019; 2020AutoChek; TradeDepot; Homzmart; SWVL
99Kepple Africa VenturesJapanEarly stageUp to $100k and above2019; 2020AutoChek; UTU Tech
100Naspers FoundrySouth AfricaEarly stageUp to $1m2020The Student Hub
101MENA Technology FundUKEarly stage, MENA 2020Wuilt
102Daal VCDubaiEarly stage, North Africa, ecommerceUp to $100k2019; 2020Wuilt; Dabchy
103Binance LabsHong KongBlockchainUp to $50k; Up to $1m and above2020Xend Finance
104Google LaunchpadSan Francisco, USAEarly stage, product strategy, UX, technology, marketing and business developmentUp to $50k and above2020Xend Finance
105AU21 CapitalSan Francisco, USABlockchain, early stageUp to $500k and above2020Xend Finance
106TRG CapitalAmsterdam, NetherlandsEarly stage, seedUp to $100k and above2020Xend Finance
107JUN CapitalShanghai, ChinaBlockchain, cryptocurrencyUp to $500k and above2020Xend Finance
108Amplifi CapitalSan Jose, California, USABlockchain, cryptocurrencyUp to $100k and above2020Xend Finance
109Imperial Venture Fund (Newtown Partners)Cape Town, South AfricaEarly stage, logistics etc.Up to $1m2016; 2017; 2018; 2019; 2020Lori Systems; Field Intellgience; SweepSouth; Wala; OVEX
110Saviu VenturesFranceEarly stage (mostly French-speaking Africa) logistics, fashion ecommerce, HR, transport, fintech, etcUp to $1m2020FinChatBot
111Compass Venture CapitalMauritiusEarly stage, fintech, energy, HR etcUp to $1m2018; 2020FinChatBot; Ominiscient
112Kalon Venture PartnersSouth AfricaEarly stage South African fintechs, marketing etcUp to $1m2017; 2018; 2019; 2020FinChatBot; Mobiz; Sendmarc; SnapnSave; The Sun Exchange; Flow; Ozow i-pay
113Mercy Corps VenturesArizona, USAEarly stage, fintech, Insurtech, agritech, HR, logisiticsUp to $1m2019; 2020Turaco
114Musha VenturesNew York Area, USAEarly stage, agritech, edtech, healthtech, fintech, logisticsAbove $1002019; 2020Turaco; WorkPay
115GAN VenturesDenver Area, USAEarly stage, fintech, insurance, ecommerce, etcUp to $500k2019; 2020Turaco
116Zephyr AcornNairobi KenyaEarly stage, insurance, fintech, etc.Up to $100k and above2018; 2020Turaco; Asoko Insights
117Target GlobalBerlin, GermanyEarly stage blockchain, healthtech, fintech, logistics, etc.Up to $1m2020Kuda
118Entrée CapitalIsrael, UK, USMulti stageUp to $1m2020Kuda
119SBI InvestmentTokyo, JapanManages VC fundsUp to $1m2020Kuda
120Outlierz VenturesMoroccoEarly stage, Nigeria, Kenya, Egypt, Morocco; retail, logistics, healthtech, fintechUp to $1m2018; 2019; 2020Sokowatch; MaxAB; Asoko Insight
121Averroes Venture CapitalCairo, EgyptEarly stage, foodtech, logistics, transport, healthtechAbove $100k2020ILLA
122Samurai IncubateJapanEarly stage, FinTech / insureTech, logistics, Medtech / healthcare, retail & e-commerce, agritech, transport & mobility, and entertainment sectorsBetween $50k-$500k2020;Eden Life; Evolve Credit
123Grenfell HoldingsHong KongFinanceAbove $100k2020Wee Media
124Knarrs VenturesTexas, USAAsset ManagerAbove $100k2020Wee Media
125Morocco Numeric FundMoroccoEarly stage, MoroccoAbove $1m2020Atlan Space
126Saudi Venture Capital CompanySaudi ArabiaEarly stage, North AfricaUp to $100k2019; 2020Brantu; Dabchy; Glamera
127Vision VenturesKhobar, Saudi ArabiaSeed, Early stage, North Africa, ecommerce, transport, cloud & mobileUp to $500k and above2019; 2020Brantu; Chefaa; Brimore; Dabchy
128Dhaman CompanyBahrainIoT, North AfricaUp to $100k2020Brantu
129Goldman SachsNew YorkMulti stageAbove $1m2019; 2020Twiga Foods; JUMO; Kobo360
130International Finance CorporationNew York; regional officesMulti stageAbove $1m2015; 2018; 2019; 2020Twiga Foods; Tradeport; Grainpulse; Lulalend; Kobo360; Vezeeta
131Bill & Melinda Gates FoundationUSAMulti stage, grantUp to $1m2020Ilara
132Mobility 54 Investment Fund (Toyota Tsusho)JapanMulti stage, logistics, transport, mobilityUp to $1m2020Tugende; Data Integrateda; WhereIsMyTransport; Sendy
133FinX CapitalSouth AfricaSeed, Early Stage, South AfricaUp to $500k2020Udok
134SixThirtyUSAEarly stage, fintech, Insurtech, cybersecurityAbove $100k2020Click2Sure
135Foundation VenturesCairo, EgyptEarly stage, Egypt$Above $100k2020NowPay
136Endure  CapitalCairo, EgyptEarly stage, energy, fintech, edtech, foodtech, ecommerce etcAbove $100k2015; 2018; 2019; 2020NowPay; Brimore; MaxAB
137Beco CapitalDubai, UAEEarly stage, North Africa, fintech, transport, ecommerce, healthtech, etc.Up to $1m and above2017; 2018; 2019; 2020NowPay; MaxAB; SWVL; Vezeeta
138Plug & PlayUSAEarly stage, fintech, blockchainUp to $500k2020NowPay
139EFG-EV FintechEgyptEarly stage, fintech etcUp to $250k2018; 2019; 2020NowPay; Raseedi; XPay
140EbtikarCairo, EgyptEarly stage, fintechUp to $100k2019; 2020NowPay; Wasla
141MicrotractionLagos, NigeriaEarly stage, fintech, blockchain, AI, etc.Up to $25k2018; 2019; 2020Sendbox; NowPay; 54gene; Cowryrise; Wallet.ng; ThankUCash; Accounteer; Riby; Stack Dx
141Amano CapitalZambiaEarly stage, SMEs, ZambiaUp to $20k2020Lusaka Grocery
142EF LogisticsCairo, EgyptEgypt, Early stage, logisticsUp to $100k2020Dreevo
143AI5EgyptSeed, Early Stage, adtechUp to $100k2020Milango
144Wamda CapitalDubaiMulti stage, agnostic, North Africa, AfricaUp to $1m and above2017; 2018; 2020GoMyCode; Twiga Foods; Aqarmap
145Jasminium CapitalTunisiaEarly stage, Tunisia, edtech, etcUp to $100k2020GoMyCode
146Meninx HoldingTunisiaEarly stage, edtechUp to $100k2020GoMyCode
147Anava Seed FundTunisiaEarly stage, Seed, edtech, etc.Up to $100k2020GoMyCode
148Social Venture Fund (Global Partnerships)USAMulti stage, mobility, Impact Investment etc.Up to $1m2017; 2018; 2020Tugende; PayGo Energy; PEG Africa; Tulaa
149Denali Venture PhilanthropyUSAImpact InvestmentUp to $1m2020Tugende
150Segal Family FoundationUSAEast Africa, Multi stage, impact investmentUp to $1m2020Tugende
151FINCA VenturesUgandaAfrica, Early stage, Impact Investment, social startupsUp to $1m2018; 2020Eneza Education; Good Nature Agro
152ItannaNigeriaEarly stageUp to $100k2020Indicina
153Betraton Venture GroupHong KongEarly stageUp to $500k2020ThankUCash
154Power Africa (USAID)USAEnergy/Off-grid, grantsUp to $200k2020Zuwa Energy; PEG Solar
155Angolan Active Venture Capital FundAngolaAngola, Early stage, agnostic.Up to $10k2020
156Angel Investment NetworkLondon, UKEarly stage, agnostic,Up to $1m2020okHi
157ResponsAbilitySwitzerlandImpact investmentAbove $1m2016; 2017: 2019; 2020Greenlight Planet; PAYG; PEG Africa; SolarNow
158SIMA FundsNew York, NairobiEnergy/Off-gridAbove $1m2019; 2020Greenlight Planet; d.Light
159SymbioticsCape Town, South AfricaImpact investingAbove $1m2020Greenlight Planet
160ARCH Emerging Markets Partners’ Africa Renewable Power Fund. Nairobi, LondonEnergy/Off-gridAbove $1m2020Greenlight Planet
161NorfundNorwayMulti stageAbove $1m2019; 2020Greenlight Planet; M-KOPA; Arnergy; Sundry Food
162CDC GroupUKMulti stage, debt, equity.Above $1m2019; 2020Greenlight Planet; PEG Africa; PAYG
163Aptive CapitalUSAEarly stageUp to $10k2020Skyfire Digital
164Glint Ventures (Glint Ventures Media limited)UKEarly stageUp to $100k2017; 2019; 2020Wasla; Kashier; Wasla; Filkhedma
165ChangelabsEgyptEarly stage 2020Diziria
166Endeavor CatalystUSAInvestment only in the companies of Endeavor EntrepreneursUp to $1m2017; 2019; 2020CopiaKenya; SWVL; Entersekt; InstiDeep
167HIMangelGiza, EgyptEarly stage$250k2019; 2020Rology; Shezlong; GBarena
168Dubai Angel InvestorsDubiaSeed, Early stageUp to $250k2019; 2020Rology; MoneyFellows
169Asia Africa Investment & Consulting (AAIC)JapanMulti stage, HealthtechUp to $1m and above2019; 2020Rology; Dentacarts; Kobo360
170Athaal GroupDubaiEarly stage, North AfricaUp to $100k2020Rology
171U.S. International Development Finance Corporation USAImpact InvestmentAbove $1m2020Lumos; CopiaKenya
172Kauffman Fellows’ SyndicateUSAEarly stageUp to $500k2017Elves
173EmaarDubaiEarly stage, North AfricaUp to $500k2017Elves
177LGT LighstoneCheshire, UKImpact investingUp to $1m2019CopiaKenya
178Perivoli InnovationsUKImpact InvestingUp to $1m2019; 2020CopiaKenya; Carry1st
179ELEA FoundationSwitzerlandImpact InvestingUp to $1m2019CopiaKenya
180GSV VenturesUSAEarly stage, edtech, Future of WorkUp to $1m2020Valenture Institute
181IKEA FoundationNetherlandsImpact investingUp to $1m2020SunFunder
182EDFI ElectriFiBelgiumEnergy/Off-gridUp to $1m2018; 2019; 2020Solarise; PowerGen; Arnergy; SunCulture
183Platform Investment PartnersJohannesburg, South AfricaEarly stage, telecom, tech, South AfricaUp to $1m2020Yellow
184Ruby Rock InvestmentSandton, South AfricaEarly stage, South AfricaUp to $500k2020Yellow
185LBO EnterprisesFlushing, New YorkLate stageUp to $1m2020Yellow
186TrineSwedenCrowd-investing, debt, energyUp to $1m2018; 2020Yellow; Pawame
187Indigo 7 Ventures (I7V)ScotlandEarly stage, ESG, energyUp to $100k2020Roundr
188Calvert Impact CapitalWisconsin, USAImpact investingAbove $1m2020SunFunder
189CeniarthLondon, UKEnergy, off-gridAbove $1m2020SunFunder
190SwedfundSwedenImpact investingAbove $1m2020SunFunder
191Paper Plane VenturesRandburg, South AfricaEarly stage, South Africa,Up to $1m and above2019; 2020Aerobotics
192Digital HorizonLondon, UKEarly stage, enterprise software, fintech, edtech, ecommerce, healthtechUp to $1m2020Healthlane
193Silicon Valley BankSilicon Valley, USAEarly stageAbove $1m2020Healthlane
194TSVC (formerly TEEC Angel Fund)Silicon Valley, USAEarly stageAbove $1m2020Healthlane
195Supernode VenturesNew York, USAEarly stageAbove $1m2020Healthlane
196CRE Venture CapitalNew YorkEarly stageUp to $500k and above2017; 2018; 2019; 2020SweepSouth; Rensource; Carry1st; Asoko Insight; Flutterwave; Flow; FlexClub
197CapitoriaCayman IslandsEarly stage, fintech, ecommerce, healthtech, biotechUp to $500k2020Healthlane
198 Ping An Good DoctorChinaHealthtech            –2020Healthlane
199PolychainUSABlockchain, Early stage, fintechAbove $1m2020Yellow Card
200Andreessen HorowitzUSABlockchain, Early stage, fintechUp to $1m2020Yellow Card
201Celo Ecosystem FundUSABlockchain, Early stage, fintechUp to $1m2020Yellow Card
202Loyal VCEgyptEarly stage, Egypt, startups must be alumni of Founder Institute or  INSEADUp to $100k2020DigiFi
203Clean Energy VenturesUSAEnergy, cleantech, off-gridUp to  $1m2020SparkMeter
204Breakthrough Energy Ventures (Bill Gates)France, USAEnergy, cleantech, off-gridUp to $1m2019; 2020SparkMeter; Max.ng; Arnergy
205Alitheia CapitalLagos, NigeriaEntreprise, edtech, fintechUp to $1m2018; 2020SparkMeter; Lidya
206Total Energy VenturesUSAEarly stage, energy, cleantech, off-gridUp to $1m2020SparkMeter
207Schmidt Family FoundationPalo Alto, USAImpact investingUp to $1m2020SparkMeter
208Incite CapitalMalaysiaSeed, Early stageAbove $100k2020SparkMeter
209Powerhouse FundUSAEarly stage, energy, mobilityUp to $200k2017; 2020The Sun exchange
210Shell FoundationUKImpact investing, mobility, energyUp to $1m2020SparkMeter
211Factor[e]Colorado, USAEnergy, cleantech, agritech, mobilityUp to $500k2020SparkMeter
212The E8 FundSeattle, USACleantech, Early stage,Up to $500k2020SparkMeter
213Knife CapitalCape Town, South AfricaEarly stage, edtech, etcUp to $500k and above2018; 2019; 2020DataProphet; Snapplify; PharmaScout
214Industrial Development Corporation of South Africa (IDC)South AfricaImpact investingUp to $1m2020DataProphet
215Norican GroupDenmarkImpact investingUp to $500k2020DataProphet
216YellowwoodsGauteng, South AfricaSoftware, insurtech,  artificial intelligence, machine learning and technology Up to $100k2017; 2018; 2020DataProphet; Naked Insurance; Simply
217Sanari Capital (Owned by Nedbank)South AfricaSouth Africa, private equityUp to $1m2018; 2020LightWare; Snapt;  Sensor Networks
218 VentureBuilderDakar, SenegalEarly stage,energy, off-grid.Above $100k2020Energy+
219 Cordaid Investment Management (Cordaid)NetherlandsImpact investing, debt, energyAbove $100k2020Energy+
220 United States African Development Foundation (USADF).USAImpact investing, grant, energy, etc.Up to $250k2020Energy+
221P1  VenturesSan Francisco, USAEarly stage, fintech, insurtech, HR, etc.Above $100k2020OnePipe; WorkPay
222Soma CapitalSan Francisco, USASoftware, Early stageUp to $100k2017; 2020WorkPay’ OMG Digital
223ViKtoria Business Angels NetworkNairobi, KenyaEast Africa, Early stage, seedUp to $100k2019; 2020MarketForce; ManPro
224138 PyramidsGiza, EgyptEarly stageUp to $100k2020Shaghalni
225Gemini Holding (Part of billionaire Naguib Onsi Sawiris’ investments)EgyptMulti stageUp to $100k2016Shaghalni
226Quona CapitalWashington USAEarly stage, fintechAbove $1m2016; 2017; 2018; 2019; 2020; 2021Sokowatch; Lulalend; Cowryrise; Yoko
227Dual Gate Investment HoldingSaudi ArabiaMulti stage, North AfricaUp to $100k2020Glamera
228E4E AfricaSouth AfricaEarly stage, South Africa, healthtech, agritech, fintechUp to $100k2020Enlabeler
229Enza CapitalNairobi, KenyaEarly stageUp to $1m2020Tuteria, Tugende; Sendy
230Niche CapitalLagos, NigeriaEarly stageUp to $100k2020Plentywaka
231EMFATO (Formerly Crowdyvest)Lagos, NigeriaEarly stageUp to $100k2020Plentwaka
232VC4ANetherlandsEarly stageUp to $1m2020Gozem; Afrikrea
233WIC CapitalSenegalEarly stage, Senegal, WomenUp to $300k2020E-Cover
234100x VenturesIndiaEarly stage, blockchainUp to $1m2020VALR
235BittrexUSAEarly stage blockchainUp to $500k2019; 2020VALR
236Montegray Capital (Michael Jordaan)South AfricaEarly stage, Seed, blockchainUp to $100k 2020; 2019VALR; FlexClub
237Capsa Capital PartnersTunisiaEarly stage, Tunisia, transport, roboticsUp to $500k2018; 2020Enova Robotitcs;  Intigo
238Vumela Fund (Edge Growth)South AfricaSouth Africa, growth stageUp to $1m2018; 2019; 2020Sea Monster; ProfitShare; Pineapple; Giraffe
239FuturegrowthCape TownSouth Africa, cleantech,Above $100k2020SweepSouth
240SmollanSouth AfricaGrowth stage, cleantechAbove $100k2017; 2018; 2019; 2020SweepSouth; SnapnSave
241Michael and Susan Dell FoundationUSAImpact investingUp to $1m2020SweepSouth
242PartechUSA, Kenya, SenegalEarly stage, ecommerce, fintech, etcUp to $1m and above2018; 2019; 2020Tradeport; Gebeya; Yoco; Kudi
243Women Entrepreneurs Finance Initiative (We-Fi)USAEarly stage, fintech, ecommerce, etcUp to $1m2020Tradeport
244Oman Technology FundOmanNorth Africa, Early stage, gaming, etcUp to $1m2018; 2019; 2020Galactech; Homzmart; Bekia; SWVL
245Village GlobalUSAEarly stageAbove $100k2018; 2020Eden Life; Sokowatch
246SA SME FundSouth AfricaSMEsUp to $1m2020ProfitShare Partners
247FiTech VenturesSouth AfricaSouth Africa, fintech, early stageUp to $200k2019; 2020SmartWage; Ukheshe
248ViaMediaSouth AfricaSouth Africa, Early stage.Up to $200k2020Paymenow
       
249Phoenician FundsBeirutEarly stage, North Africa, fintechUp to $1m2019MoneyFellows
250WZ CapitalSouth AfricaEarly stage, South AfricaUp to $50k
251VestedWorldChicago, USAEarly stageUp to $500k2020Vanu; Get It; Tomato Jos
252EdventuresEgyptEarly stage, edtech, culture, etc.Up to  $100k2018; 2019OTO Courses; EYouth; Career180; Colnn
253Change VenturesEstoniaEarly stage, Baltic,Above $500k2020Planet42
254WomenaDubaiEarly stage, women, North AfricaAbove $100k2020Chefaa
255Crucis Venture CapitalSouth AfricaEarly stage, South Africa, Agribusiness, Fintech, Healthcare, Manufacturing, Waste management and recyclingAbove $100k2020Sticitt
256LionPride Agility FundSouth AfricaSouth Africa, Section 12J, Early stage, SMEUp to $100k2020BusyMed
257Blue Ocean PartnersParis, FranceEarly stage, cleantechUp to $1m2020NextProtein
258Telos ImpactBelgium  Early stage, Impact investing, cleantechUp to $1m2020NextProtein
259Raise ImpactFranceImpact investingUp to $1m2020NextProtein
260Althelia Sustainable Ocean Fund (Mirova)UKESG investing, Seed, Series A, Series B.Up to $1m2020NextProtein
261Aucfan Incubate Inc.JapanEarly stage, AI, fintech, etcUp to $500k2020NextProtein
262Kima VenturesParis, FranceEarly stage,Up to $100k2017; 2020NextProtein; OMG Digital
263MFS AfricaAccra, GhanaFintech, InsurtechUp to $100k2020Inclusivity Solutions
264Allan GraySouth AfricaMulti stage, insurtech, wealth manager2019; 2020Inclusivity Solutions; Healthcent
265Umkhathi Wethu Ventures (UW Ventures)South AfricaMulti stage, insurtech, wealth managerUp to $100k2019; 2020Inclusivity Solutions; Healthcent
266Dompe HoldingItalyFamily office, biotech, healthtech, etc.Up to $1m2020mPharma
267Accion Venture LabUSASeed, Early stage, agritech, fintech; healthtechUp to $500k2015; 2016; 2017; 2018;  2019; 2020; 2021Appolo Agriculture; Lulalend; Field Intelligence; Pula; Lidya; Lumkani
268Impact Angel NetworkEthiopiaLogistics, Early stage,Up to $100k2020Deliver Addis
269Edge GrowtDurban, South AfricaEarly stage, South AfricaUp to $100k2020Syafunda
270Anthemis Exponential VenturesLondon, UKMulti stage, fintech, agritechUp to $1m2020Apollo Agriculture
271Leaps By BayerBerlin, GermanyMulti stage, life sciencesUp to $1m2020Apollo Agriculture
272Flourish VenturesSan Francisco, GermanyFintech, multi stageUp to $1m2019; 2020Apollo Agriculture; FairMoney
273Sage Hill CapitalMichigan USAMulti stageUp to $1m2020Apollo Agriculture
274To Venture FoodNairobi, KenyaAgritech, foodtech, life sciences, Multi stageUp to $1m2020Apollo Agriculture
275Newid CapitalUSAAgritech, fintech, growth stageUp to $1m2016; 2017; 2018; 2019; 2020Apollo Agriculture; Lidya; Lulalend
2764Di CapitalCape Town, South AfricaEarly stage, South Africa, FinTech, InsureTech, HealthTech, EduTech, AgriTech and other tech verticals.Above $50k2016; 2017; 2018; 2019;   2020CompariSure; Zoona; Aerobotics; InvestSure
277EgbankEgyptFintech, Early stageUp to $500k2020Shahry
278Absa BankSouth AfricaFintechUp to $100k2020A2X
279Novastar VenturesEbene, MauritiusAgritech, edtech, logistics, HR, news, healthtech, cleantech, mobilityUp to $1m2017; 2018; 2019; 2020mPharma, Lynk, Max.ng; PayGo Energy
280Innovate VenturesSomaliaEarly stage, sector-agnosticUp to $10k2020Kirosom Real Estate Solutions
281IDF CapitalSandton, South AfricaPrivate equity, Multi stage, South AfricaUp to $50k2017; 2020Zulzi
282MCE Social CapitalSan Francisco, USADebt, impact investingUp to $500k2020East Africa Fruits
282Vostok New VenturesSwedenTransport, proptech, Multi stage.Above $1m2015; 2017; 2018; 2019; 2020SWVL; WUZZUF; Vezeeta; CarZar
283Accel PartnersPalo Alto, USAMulti stage, debuggingUp to $1m2020Instabug
284TencentShenzhen ChinaMulti stageUp to $1m2018; 2020Helium Health; Paystack
285Chrysalis CapitalLagos, NigeriaEarly stage, healthtech, NigeriaUp to $100k2017; 2020Helium Health
286VenturesouqDubai, UAEEarly stage, startup, healthtech, fintech, edtech, agritech, seed, foodtech, etcUp to $1m2020Helium Health
287Ohara Pharmaceutical Co. LtdSaitamaken, JapanBiotech, Early stageUp to $100k2020Helium Health
288HOF CapitalNew York, USA; London, UKMulti stageUp to $1m2020Helium Health
289Kairos Angels Lagos, NigeriaEarly stageUp to $100k2018;2020Helium Health Kukua
290Flying Doctors Healthcare Investment CompanyLagos, NigeriaEarly stage, fintech, healthtechUp to $50k2020Kukua
291firstminute CapitalLondon, UKEarly stageUp to $500k2018Kukua
292Burda Principal InvestmentsMunich, GermanyMulti stageUp to $1m2018Kukua
293Modus CapitalCairo, EgyptEarly stage, blockchain, Egypt, pre-seedUp to $100k2020Pravica
294DYRES VenturesEstoniaEarly stage, AI, Cyber Security, Blockchain, Big-data and IoT.Up to $100k2020Pravica
295Founders Factory AfricaJohannesburgEarly stageUp to $300k2019; 2020RxAll; Kudigo, Digest Africa
296Omidyar NetworkLondon, USA, MauritiusMulti stageUp to $500k2015; 2016; 2017;2018; 2019; 2020; 2021Hotels.ng; Stears; PowerGen;Rensource; Paga; Pula; Hotels.ng; Zoona; Landmapp; Twiga Foods; Rensource; Giraffe; Lidya
297Enso EquityCape TownMulti stageUp to $50K2020Ingress Healthcare
298Hala VenturesSaudi ArabiaEarly stage, growth, EgyptUp to $100k2020Eventtus
299Adjuvant CapitalNew York, USAMulti stage, life sciences, healthtechAbove $1m202054gene
300KdT VenturesNorth Carolina, USAEarly stage, healthtech, life science, computational sciences.Up to $1m2019; 202054gene
301Better VenturesOakland, USAEarly stageUp to $1m202054gene
302Novartis Venture FundSwitzerlandEarly stage, life scienceUp to $100k202054gene
303Aera VCSingaporeDeep tech, early stageAbove $100k202054gene
304V8 CapitalEbene, MauritiusEarly stageUp to $1m202054gene
305Standard BankSouth AfricaFintechAbove $100k2019; 2020Payment24; Nomanini
306AntlerKenyaPre-seedUp to $100k2019; 2020Uncover
307Wise CapitalMoroccoEarly stage, fitnessUp to $100k2020ElCoach
308Cornerstone EnterprisesNairobi, KenyaMulti stageAbove $100k2019; 2020Fuzu
309Sparkmind VCFinlandMulti stage, edtechUp to $1m2020Fuzu
310FinnfundFinlandCleantech, ESGUp to $1m2020Fuzu
311Seedstars InternationalSwitzerlandEarly stage, Impact investingUp to $1m2020Fuzu
312BaronaFinlandEdtechUp to $100k2020Fuzu
313Loftyinc Afropreneurs FundLagos, NigeriaEarly stage FinTech; HealthTech; EduTech; AgriTech; Social Issues  Up to $100k2020YouVerify
314Shorooq PartnersAbu DhabiSeed stage, Early stageUp to $1m2019; 2020Breadfast; QuickBus
315Chinook CapitalLagos, NigeriaPre-seed, early stageUp to $50k2018; 2020YouVerify; Safi; Edves
316Village CapitalWashington, USASeed, energy, Early stage, agritech, edtech, fintech, healthtechUp to $200k2017; 2018; 2020YouVerify; PayGo Energy; Piggybank
317Nedbank CIBSouth AfricaFintech, dataUp to $1m2017; 2018; 2020Ominiscient; Aerobotics; Entersekt
318InvestecSouth AfricaFintech, data2019; 2020Ominiscient; Crossfin
319LiiL VenturesMexicoMobility early stage, transportUp to $500k2019; 2020WhereIsMyTransport
320Global Innovation FundWashingto, USA; London, UKSocial startups, multi stage, mobility, fintechUp to $1m2017; 2018; 2019; 2020WhereIsMyTransport; Paga; Mr Green Africa;  PayGo Energy
321Saviu VenturesParis, France; Nairobi, KenyaEarly stage, Pre-seed, Series A, Mobility, Fintech & E-commerce/New Retail sectorAbove $100k2018; 2020Afrikrea
322ShowroompriveFranceEcommerceUp to $100k2020Afrikrea
323id4 VenturesParis, FranceEarly stageUp to $500k2020Afrikrea
324Egypt VenturesCairo, EgyptEarly stageUp to $100k2019; 2020Garment IOLe; Wasla
325LeapFrog InvestmentsMelrose Arch, South AfricaGrowthUp to $1m2020JUMO
326Odey Asset ManagementUKGrowthUp to $1m2020JUMO
327Gemcorp CapitalUKMulti stage; fintechUp to $1m2020JUMO
328Vostok Emerging FinanceHamilton, BermudaMulti stageUp to $1m2020JUMO
329Consonance Kuramo (Managed by Consonance Investment Managers)Ikoyi, LagosEarly stage, healthtech, proptechAbove 100k2020Lifestores
330Greentree SyndicateUSAHealth, Early stage, etcUp to $1m2020Lifestores
331Altadore Lionbear CapitalLondon, UKEarly stageUp to $100k2020Lifestores
332Unseen VenturesEarly stage2020Lifestores
333Transformer Fund (StartUp Health)New York, USAHealthUp to $1m2020Lifestores
334Two Hope VenturesNetherlandsBlockchain, Indexing, Remittance, regtech, documentUp to $500k2020Lifestores
335K50 VenturesUnited StatesSeed, Early stageUp to $100k2020Lifestores
336Timon CapitalLagos, NigeriaSeed, Early stage, Sub-saharan Africa,Up to $500k2020Sokowatch
337AmploTexas, USAEarly stage, Seed, Late stageAbove $1m2017; 2020Sokowatch; Andela
338Breyer CapitalCalifornia, USAData analytics, security, blockchain, fintech, security, mediaUp to $1m2017; 2019; 2020Sokowatch; mPharma
339Vertex VenturesUSAAI, ecommerce, logistics, management service, software,Up to $1m2020Sokowatch
340Payitup Clearinghouse Ltd.LondonBlockchain, fintechUp to $1m2020Bitfxt
341Innovate UKUKGrantUp to $200k2019; 2020WeFarm; Knowledge Officer
342DPDgroupFranceLogisticsUp to $1m2020Bosta
343Gulf CapitalUAELate stage, North AfricaUp to $1m2020Vezeeta
344Saudi Technology FundRiyadh, Saudi ArabiaMulti stageUp to $1m2020Vezeeta
345Silicon BadiaAmman, JordanNorth Africa, healthcare, financial services, urbanization, education, etc.Up to $1m2016; 2017; 2018Vezeeta; SWVL
346CE Ventures (Crescent Enterprises)Sharjah, UAEMulti stage, North Africa, artificial intelligence (AI), the Internet of things (IoT), and blockchainUp to $1m2016; 2018Vezeeta
347HQ Financial Group (HQF)SingaporeDebt, material science, semiconductor and blockchain financial investmentsUp to $1m2020Aella
348Consonance Investment ManagersIkoyi, LagosEarly stage, growth,  commodity, fintech, healthtech, edtech, regtech, HR, realtech, proptechUp to $500k2018; 2020Gebeya; SeamlessHR; Lifestores; Pezesha
349I&P Afrique Entrepreneurs 2 (IPAE 2) (Investisseurs & Partenaires (I&P)Paris, FranceImpact investing, energy, SMEs etc.Up to $1m2017; 2018; 2020Rensource Energy; PEG Africa; CoinAfrique
350Enviu/ DOEN FoundationNetherlandsGrant, agritechUp to $200k2020Taimba
351Gray Matters CapitalNairobi, KenyaWomen, edtech, agritechUp to $100k2018; 2019Redbird; Taimba; SonoCare
352EQ2 Ventures, formerly Equitrust (Choueiri Group)Dubai, UAEEcommerce, Multi stage, North AfricaUp to $500k2020Homzmart
353Sunu CapitalNairobi, KenyaEarly stageUp to $500k2019; 2020Sendy; FarmDrive; Neopenda
354Atlantica VenturesWashington, United States; NairobiEarly stage, Kenya, Nigeria, South Africa, Ivory Coast, Ghana, TanzaniaUp to $1m2020OnePipe; Sendy
355Middle East Venture PartnersDubai, UAEEarly stage, growth, North Africa, ecommerce, enterprise, fintech, mobility, new media, etc. Above $1m2020Halan; Eventtus; Instabug;
356Battery Road Digital HoldingsDubai, UAENorth Africa, mobilityUp to $1m2018Halan
357Greycroft PartnersNew York, Los Angeles, USAFintech, seed, growthUp to $1m and above2017; 2020Flutterwave; AZA
358eVenturesCalifornia, USAEarly stage, Adtech, Commerce, Fintech, Media, Mobile and SoftwareUp to $1m2020Flutterwave
359Green Visor CapitalSan Franscisco, USAEarly stage, Late stage, FintechUp to $1m2017; 2020Flutterwave
360VisaCalifornia, USAEarly stage, growth stage, fintechAbove $10m2018; 2019; 2020Flutterwave; Interswitch; Paystack
361WorldPay-FISUSAFintechUp to $1m2020Flutterwave
362Five Elms CapitalKansas City, USASoftware, Early stageAbove $1m2020Skynamo
363Alethea CapitalSanta Fe, USAMulti stageUp to $1m20193×4 Genetics
364Raptor Group HoldingsBoston, USAMulti stageUp to $1m2019Chipper Cash
365HAVAICCape TownEarly stageUp to $500k2016; 2017; 2018; 2019Mpost; delvv.io; Digital Cabinet; RecoMed; Aura; Instant Property
366INCO VenturesParis, FranceGrowth, fintech, energy, impact investingUp to $1m2019upOwa
367LITA.coParis, FranceImpact investing, energy, environment, ESGUp to $1m2019upOwa
368Colam ImpactParis, Franceimpact investing, ESG, energy, family officeUp to $500k2019upOwa
369Renewable Energy Performance Platform (REPPUKEnergy/Off-grid solarUp to $1m and above2019upOwa; PowerGen
370Deepcore (Softbank)Tokyo, JapanAI, Early StageUp to $100k2019UTU  Tech
371The Artesian (HP) China VC Fund 1 (Artesian VC)ChinaAI, healthcare, cleantech, social, blockchain, etc.Up to $100k2019UTU Tech
372AnimocaHong KongBlockchain, gaming, AIUp to $100k2019UTU Tech
373Æ VenturesSofia, BulgariaEarly stage, blockchainUp to $100k2018; 2019UTU Tech; RiseSafe
374Zeroth.AIHong KongBlockchain, AIUp to $100k2018; 2019UTU Tech
375Crypto Valley Venture CapitalZug, SwitzerlandBlockchain, Early stageUp to $100k2019PocketJam
376Knuru CapitalDubai, UAEOnline listing, fintech, early stageUp to $1m2019JiJi
377Digital Spring VenturesDubai, UAEGrowth stage, ecommerce,Up to $1m2019JiJi
378Capaci.TechJohannesburg, South AfricaEarly stage, Seed, AI, etcUp to $100k2019GotBot
379Valor Capital GroupBrazilBrazil founders, fintech, multi stageUp to $1m2019Migo
380The Rise Fund (Managed by TPG Growth)San Francisco, USAMulti stage, fintech, othersUp to $1m2018; 2019Migo; Mines
381Velocity Capital Fintech VenturesUtrecht, NetherlandsNo seed, early stage, fintechUp to $1m2017; 2018; 2019Migo; Mines; Yoco
382Al-Tharawat Private Investment Holding CompanySaudi ArabiaAdtech, multi stage, wealth manager, North AfricaUp to $1m and above2019Adzily
383PangeaOslo, NorwayEarly stage, seedUp to $20k2018; 2019ManPro; Onesha
384Unicorn GroupLagos, NigeriaGrantUp to $200k2019Asilimia
385Meituan-Dianping Beijing, ChinaEcommerce, China/Chinese foundersUp to $1m2019Opay
386GaoRong CapitalBeijing, ChinaEarly stage, China/Chinese foundersUp to $1m2019OPay
387Source Code CapitalLiaoning, ChinaEarly stage, Late stage, China/Chinese foundersUp to $1m2019OPay
388Softbank AsiaSeoul, South KoreaEarly/late stages, Asia/Asian foundersUp to $1m2019OPay
389BAIChicago, USAFinancial servicesUp to $1m2019OPay
390Redpoint Ventures ChinaBeijing, ChinaEarly stage, China/Chinese foundersUp to $1m2019OPay
391IDG CapitalBeijing, ChinaMulti stageUp to $1m2019OPay
392Sequoia Capital ChinaChinaMulti stageUp to $1m2019OPay
393GSR VenturesChinaEarly stage, AI-enabled healthcare technology, enterprise software, and consumer platforms.Up to $1m2019OPay
394TranssionShenzhenTelecom, FintechUp to $1m2019PalmPay
395NetEaseHangzhou, ChinaEcommerceUp to $1m2019PalmPay
396MediaTekHsinchu, TaiwanMedia, fintechUp to $1m2019PalmPay
397CVenturesCairo, EgyptFintech, AI, HealthtechUp to $100k2019Yodawy
398ASI VenturesEgyptFintech, healthtechAbove $50k2019Yodawy
399Hillhouse CapitalBeijing, ChinaLogistics, private equity, wealth managementUp to $1m2019Lori Systems
400Crystal Stream CapitalBeijing, ChinaSoftware, food, multi stage, fintech,  edtech, early stage, later stage, etc.Up to $1m2019Lori Systems; GONA
401InnoventuresHeliopolis, Cairo, Egypt.Early stage, seed, Egypt, travelUp to $100k2019Tripdizer
402AlphaCode  IncubateSouth AfricaEarly stage, South Africa, fintech, rentalsUp to $30k2017; 2019Jamii Cities; Livestock Wealth; Entersekt
403Shell New EnergiesUnited KingdomEnergy/Off-gridUp to $1m2019PowerGen
404Sumitomo CorporationChiyoda city, Tokyo, JapanInvestmentsUp to $500k2019PowerGen
405Micro-grid Catalytic Capital PartnersDelaware, USAOff-grid/energyUp to $500k2019PowerGen
406AHL Venture PartnersNairobi, KenyaImpact investing, financial services, energyUp to $1m2016; 2019; 2018PowerGen; Tulaa; Rent To Own
407Cross-boundary Energy Access fundNairobi, KenyaEnergy/off-gridUp to $1m2019PowerGenG
408Safaricom Spark Venture FundNairobi, KenyaEarly stageUp to $1m2015; 2016; 2017Sendy; Eneza Education
409CreadevParis, FranceInvestments, private equityUp to $1m2019Twiga Foods
410Association for Savings and Investment SA (Asisa)South AfricaInvestment, South AfricaUp to $100k2018; 2019Pineapple; Sensor Networks
411Lireas HoldingsRosebank, Johannesburg, South AfricaInsurtech, South AfricaUp to $100k and above2017; 2018; 2019Pineapple; Lumkani; InvestSure
412Development Bank of Southern AfricaJohannesburg, South AfricaInvestment, blockchain, Southern AfricaUp to $1m2017AZA
413SunFunderNairobi, KenyaEnergy/off-grid, debtUp to $10m2016; 2017; 2019PEG Africa; d.Light; PAYG; SolarNow
414Imfezeko Investment HoldingsRandburg, South AfricaSouth Africa, security, IoT, connectivity and related technologies.Up to $100k2019Santian
415Pure ConsultingJeddah, Saudi ArabiaLogistics, Investments, North AfricaUp to $1m2019Yumamia
416Tell Venture AutomotiveDubai, UAEMobility, investmentUp to $1m2019TemTem
417Hlayisani Growth FundSouth AfricaSouth Africa, ICT, manufacturing, agriculture, education and healthUp to $1m2019Snapplify
418AngelHub Ventures (Hlayisani Growth Fund)Stellenbosch, South AfricaMulti stageUp to $1m2016; 2017; 2018; 2019Godochurch; Ikeja Wireless; Snapplify
419Empower New EnergyFornebu, NorwayEnergy/Off-gridUp to $1m2020Miniplast
420Savant Venture FundCape Town South AfricaEarly stage, e-health, etc.Up to $500k2019SmartBlade; Jonga Systems
421Kingson Capital PartnersDurban, South AfricaEarly stage, fintech, healthtech, etc.Up to $100k2018HealthCloud
422Africa HealthCare Master FundBencoolen, SingaporeHealthcare, MultistageUp to $1m2019MyDawa
423Crescat LimitedUKInvestment, agritechUp to $500k and above2019Twiga Foods
424Adolf H. Lundin Charitable FoundationVaduz, LiechtensteinGrant, Impact investingUp to $1m2017; 2018Twiga Foods
425Index VenturesLondon, UK; San Francisco, USAMulti stage, agritech, e-commerce, fintech, mobility, gaming, infrastructure/AI, and securityUp to $1m2018Twiga Foods
426OTF Jasoor VenturesMasqat, OmanConvertible Note, Early Stage Venture, Seed, North AfricaUp to $500k and above2019SWVL
427Arzan VCKuwait City, KuwaitNorth Africa, Early stageUp to $500k and above2018; 2019SWVL
428Autotech VenturesCalifornia, USAEarly stageUp to $1m2019SWVL
429BlustoneDubai, UAEEarly stageUp to $1m2019SWVL
430YamahaShizouka, JapanMobility, investmentsUp to $1m2019Max.ng
431Zrosk Investment ManagementLagos, NigeriaInvestments, NigeriaUp to $100k and above2019Max.ng
432Rise CapitalSan Francisco, USAEarly stage, late stageUp to $1m and above2019Gokada
433Adventure CapitalNew York, USAEarly stageUp to $1m2019Gokada
434First MidWest GroupRockford, USAInvestmentsUp to $500 and above2019Gokada
435IC Global PartnersDubai, UAEMulti stageUp to $500k and above2019Gokada
436Allianz XMunich, GermanyInvestmentsUp to $500k and above2019Safeboda
437Go-Ventures (Go-Jek)Jakarta Raya, IndonesiaInvestments, Multi stageUp to $500k and above2019Safeboda
438Hack VC     
439TechHammerNew York, USAEarly stageUp to $1m and above201954gene
440Fifty YearsSan Francisco, USAEarly stageUp to $1m201954gene
       
441Developing World MarketsStamford, USAImpact investingUp to $1m and above2019d.Light
442Dutch Good Growth FundNetherlandsImpact investingUp to $1m and above2019Rent To Own
443Accelerated Digital VenturesSheffield, United KingdomEarly stage, currency tradingUp to $1m and above2019VertoFX
444Lamar HoldingsSeef, BahrainInvestments, energy, fintechUp to $1m2019TechAdvance
445UnityVC (Shaw Wang)ChinaEarly stageUp to $500k2019GONA
446Ocean on 76 GroupJohannesburg, South AfricaInvestments, South Africa, telecom, fintechUp to $100k2019Ukheshe
447Landwey  InvestmentLagos, NigeriaProp-tech, investments2019Vistafront
448Numu CapitalDubai, UAENorth Africa, ehealth, logistics, seed, etcUp to $100k2017; 2019Doctoorum; Boosta
449Unreasonable CapitalColorado, USAInvestments, early stageUp to $1m2018Paga
450Adlevo CapitalLagos, NigeriaInvestments, early stageUp to $1m2018Paga
451Greenwold CapitalCape Town, South AfricaInvestments, South Africa, early stageUp to $50k2019Digemy
452Vunani CapitalSandton, South AfricaInvestments, South Africa, fintech2019SNAPnSAVE
453DST GlobalLondon, UKInvestments, techUp to $1m2019FairMoney
454NewfundFrance; USAEarly stage, seed, pre-seedUp to $1m2019FairMoney
455SpeedinvestParis, FranceEarly stage, European founders/startupsUp to $1m2019FairMoney
456PG InvestmentsNorth Carolina, USADebtUp to $1m and above2019Tugende
457OikocreditAmersfoort, NetherlandsDebt, investmentsUp to $1m and above2016; 2017; 2019Tugende; PAYG; PEG Africa; SolarNow
458SymbioticsCape Town, South Africa; London, UKImpact investingUp to $1m2019Tugende
459Frankfurt School Financial ServicesFrankfurt, GermanyInvestments; DebtUp to $1m2019Tugende
460ADA MicrofinanceRue Glesener,  LuxembourgInvestment; DebtUp to $1m2020Tugende
461AgoraNetherlandsDebt, investmentUp to $1m2020Tugende
462Yunus Business SchoolFrankfurt, GermanyInvestments, debtUp to $500k2019Tugende
463Global Social Impact FundJose Abscal, Madrid, SpainDebt, impact investmentUp to $500m2018Tugende
464Verdant CapitalJohannesburg; Lagos; Accra, Port Louis; KinshasaInvestmentsUp to $1m2019; 2020Tugende
465ELMA PhilanthropiesKampala, Cape Town, New YorkHealthcare, growthUp to $1m and above2019CarePay International
466Investment Funds for Health in AfricaAmsterdam, NetherlandsGrowth, private equity, healthcareUp to $1m and above2019CarePay International
467Thawer Capital ManagementLondon, UKInvestmentsUp to $1m2019Payitup
468Social CapitalPalo Alto, USAMulti stagesUp to $1m and above2017; 2018mPharma; OMG Digital; Farmcrowdy; Africa’s Talking; Tizeti
469Olive Tree VenturesTel Aviv, USAMid-growth stage, healthUp to $1m and above mPharma
470Esas VenturesIstanbul, TurkeyInvestmentsUp to $1m2020mPharma
471The Skoll FoundationPalo Alto, USAInvestmentsUp to $1m2020mPharma
472Bose VenturesFramingham, Massachusetts, United StatesMulti stage, healthUp to $1m2019hearX Group
473Relevant HealthRockville, Maryland, United StatesHealth, pre-seed 2015Neopanda
474Network Society VenturesNew York, USASeed stageUp to $500k2017Sun Exchange
475BoostVCSan Mateo, California, United StatesCrypto, virtual reality, augmented reality, AI, Ocean Tech, Space Tech, human augmentationUp to $500k2017Sun Exchange
476Venturra Capital    Luno
477Balderton Capital    Luno
478Innovus  Transfer Technology (Owned by Stellenbosch University)lStellenbosch, South AfricaEarly stageUp to $200k2016Custos
479Pantera CapitalMenlo Park, California, USABlockchain, early stage, digital currency, tokens, early stage, seedUp to $1m2015; 2017AZA (formerly BitPesa)
480Digital Currency Group (formerly Bitcoin Opportunity Fund)New York, USABlockchainUp to $1m2015; 2017AZA
481Piton CapitalLondon, UKGrowthUp to $500k2015WUZZUF
482Stephens Investment ManagementHouston, USAInvestmentsUp to $500k and above2015AZA
483Draper VCUSAEarly stageUp to $1m2017AZA
484Blockchain CapitalSan Francisco, USABlockchainUp to $500k and above2015; 2017AZA
485BnkToTheFutureCayman IslandsFintech, blockchainUp to $500k and above2017AZA
486The BitFury Group     
487Plug and PlayCalifornia, USABlockchain, Early stageUp to $1m2017AZA
488Citigroup     
489Ghana Angel Investor NetworkAccra, GhanaEarly stageUp to $100k2014Revo
490InventureHelsinki, FinlandEarly stageUp to $100k and above2014Irofit
491Zouk CapitalLondon, UKEnergyUp to $1m and above2014Off Grid Electric
492C5 HoldingsLondon, UKInvestment, early stageUp to $1m and above2015Parcelninja
493Mountain PartnersZurich, SwitzerlandEarly stageUp to $100k and above2015TopCheck
494Horizen VenturesBangalore, IndiaEarly stage, South AfricaUp to $100k and above2015; 2016WhereIsMyTransport
495Lundin FoundationVancouver, CanadaImpact investing, FintechUp to $1m2016Zoona
496Technology Innovation FundBerea, South AfricaInvestment, innovationUp to $400k2016Custos
497Frontier Digital VenturesKuala Lumpur, MalaysiaReal estate, early stageUp to $500k and above2015; 2016meQasa; ToLet.com.ng
498SPARK.NG (Spark Capital)Lagos, NigeriaEarly stage2016; 2017Paystack; Andela
499Comcast VenturesCalifornia, USAMulti stage, equity, debtUp to $1m and above2016; 2017Paystack; OMG Digital
500XSeed CapitalCalifornia, USAEarly stageUp to $1m2018Mines
501Western Technology InvestmentsCalifornia, USAEarly stageUp to $1m2018Mines; Kobo360; Tizeti
502KNF Ventures (Knife Capital)Cape Town, South AfricaSection 12J, South AfricaUp  to $500k2017; 2018; 2019Quicket; Snapplify; SkillUp Tutors
503Macro VenturesLos Angeles, USAMedia, early stageUp to $100k and above2017;OMG Digital
504M & Y Growth CapitalCalifornia, United StatesEarly stageUp to $100k and above2017;OMG Digital
505Savannah FundNairobi, KenyaEarly stage, seedUp to $500k2015; 2016; 2017; 2019; 2020Aerobotics; Orbit Health; FlexClub
506Glynn CapitalCalifornia, USAEarly stageUp to $1m and above2017Flutterwave
507Alpha MundiZurich, SwitzerlandImpact investingUp to $1m and above2017Twiga Foods
5081776 VenturesColumbia, USAEarly stage, seedUp to $1m2017; 2018Twiga Foods
509UNICEF Innovation FundNew YorkInnovation, investmentUp to $100k2017; 2018; 2019; 2020Utopixar
510DBL PartnerCalifornia, USAEarly stageUp to $1m and above2017Andela
511Salesforce VenturesCalifornia, USAMulti stageUp to $1m and above2017Andela
512nChainLondon, UKBlockchainUp to $1m2018; 2019Centbee
513Lynett CapitalSan Francisco, USAEarly stage, seedUp to $100k and above2018Sokowatch; Tizeti
514STV CapitalRiyadh, Saudi ArabiaMulti stage, North AfricaUp to $1m and above2018Vezeeta
515Raed VenturesDammam, Ash Sharqiyah, Saudi ArabiaEarly stage, seedUp to $1m and above2017; 2018SWVL; Aqarmap
516Convergence PartnerJohannesburg, South AfricaInvestmentsUp to $1m and above2014; 2015; 2017; 2016; 2018;Snapt; Synergy Communications; InQuba
517Quantum Capital PartnersMunich, GermanyInvestmentsUp to $1m and above2019TeamApt
518Cox EnterprisesGeorgia, USAInvestments; agricultureUp to $1m and above2017; 2019Farmcrowdy
519Kosla VenturesMenlo Park, California, USAEarly stage, late stage, seed, environmentally friendly tech, internet, computing, mobile, fintechUp to $1m and above2019Kudi
520Kuria CapitalNairobi, KenyaSeed, East Africa, Early stageUp to $100k and above2019; 2020OkHi; Fundis
521NFX CapitalSan Francisco, USASeed stage Up to $1m2019Orcas
522Growth Capital Fund (CcHub)Yaba, Lagos, NigeriaEarly stageUp to $50k2018; 2019Edves, Lifebank; DrugStoc
523Rally Cap VenturesSan FranciscoEarly stage, fintech, Fund of FundsUp to $1m and above2020Mono
       
       
       
       
       
       
       
NB: For want of space, not all notable startups were captured here

list startup investors Africa list startup investors Africa list startup investors Africa list startup investors Africa list startup investors Africa list startup investors Africa list startup investors Africa list startup investors Africa list startup investors Africa list startup investors Africa list startup investors Africa list startup investors Africa list startup investors Africa list startup investors Africa list startup investors Africa list startup investors Africa list startup investors Africa list startup investors Africa list startup investors Africa list startup investors Africa list startup investors Africa list startup investors Africa list startup investors Africa

According to African Private Equity and Venture Capital Association 2019 VC report, North American investors represented 42% of the total number of investors that participated in VC investments in Africa between 2014 and 2019, followed by European based investors at 23%. African based investors accounted for only 20%, followed by Asia-Pacific (8%) and investors based in the Middle East (6%). 

Charles Rapulu Udoh

Charles Rapulu Udoh is a Lagos-based lawyer who has advised startups across Africa on issues such as startup funding (Venture Capital, Debt financing, private equity, angel investing etc), taxation, strategies, etc. He also has special focus on the protection of business or brands’ intellectual property rights ( such as trademark, patent or design) across Africa and other foreign jurisdictions.
He is well versed on issues of ESG (sustainability), media and entertainment law, corporate finance and governance.
He is also an award-winning writer