Beyond Capital is a nonprofit, evergreen impact investment organization that supports social enterprises in India and East Africa by providing seed funding, management advisory, pro bono resources, and mentoring, and reinvests all returns to maximize social impact. It targets early-stage and revenue-generating ventures focused on improving access to health care, sanitation, clean energy, agriculture and food security, and financial inclusion for low-income communities. The organization operates across India and East African countries such as Kenya, Tanzania, Rwanda, and Uganda, and has mobilized substantial pro bono services to amplify its impact.

Kepple Africa Ventures is a venture capital firm founded in 2019 and based in Tokyo, Japan, that provides seed-, early-, and later-stage financing to African startups, with a focus on information technology, fintech, and consumer sectors.

Pearl Capital Partners is an investment firm focused on growth capital for agricultural small and medium-sized enterprises in East Africa, with activities in Uganda and neighboring markets. The firm provides a range of investment structures, including equity, quasi-equity, equity-related instruments, and debt, to support ambitious management teams and build high-growth agribusinesses. Investments typically range from about 0.25 million to 2.5 million per company. Founded in the mid-2000s, Pearl Capital Partners is based in Kampala and has offices in Nairobi and Mauritius. The firm concentrates on agricultural companies operating across Eastern and Southern Africa.

AHL Venture Partners is a venture capital firm founded in 2007 that pursues growth capital investments in Africa, focusing on energy access, financial inclusion, agriculture, climate, food, and human capital sectors. It favors minority equity, quasi-equity, and debt investments and supports portfolio companies with ongoing capital and strategic guidance to accelerate growth. The firm aims to generate financial returns while driving inclusive economic development across Eastern and Southern Africa and promoting climate action and sustainable development. It operates with offices in Nairobi, Lusaka, Accra, and Vancouver.

Novastar Ventures is a Kenya-headquartered venture capital firm that funds early-stage to growth companies across Africa, with a focus on markets serving the base of the pyramid. It backs ventures in healthcare, education, energy, housing, sanitation, agriculture, financial services, information technology, and consumer and business services, targeting both East and West Africa as well as international opportunities. The firm typically commits between $0.25 million and $8 million and operates from offices in Nairobi, Lagos and London. As a venture catalyst, it partners with entrepreneurs to turn ideas into scalable businesses that create value for the many and pursue enduring, impact-driven outcomes aligned with ESG principles.

Factor[e] Ventures is an impact investing firm and venture builder that funds early-stage companies developing sustainable solutions in energy, mobility, agriculture, water, and waste. The firm focuses on emerging and frontier markets, particularly Sub-Saharan Africa, with activity in East Africa and India, and operates globally through activities in Fort Collins, Colorado, and Nairobi, Kenya. It seeks to bridge philanthropic and commercial capital to support market-driven, decarbonized development, providing financial backing along with strategic and operational support to entrepreneurs. By investing in disruptive technologies and business models across mobility, energy, agriculture, water, and related sectors, Factor[e] Ventures aims to accelerate scalable solutions in fast-growing markets.

FrontEnd Ventures is a Nairobi-based venture capital firm that provides capital and strategic support to tech-enabled startups across East Africa. The firm focuses on backing local and diverse founder teams that are passionate about innovating and transforming value chains in the region.

Sunu Capital is a Nairobi-based venture capital firm focusing on early-stage investments in companies across the global south. It seeks to back ventures that aim to create a more prosperous, inclusive, and self-sustaining future, providing tailored capital and leveraging its network to help portfolio companies grow, access follow-on funding, and seize opportunities. The firm emphasizes swift and responsive engagement and commits to long-term partnerships with founders to support growth and scale.

Africa Oil Corp is a Canadian oil and gas company with assets in Kenya and Ethiopia and Puntland in Somalia through its 41% equity stake in Africa Energy Corp. Its East African holdings form part of a prolific exploration play along the East African Rift Basin, with a land position exceeding 200,000 square kilometers. In Kenya’s Lokichar basin, the company holds a 50% interest alongside operator Tullow Oil, supporting ongoing exploration in the region.

Zephyr Acorn is a venture investment entity affiliated with Zephyr Management that provides equity financing and hands-on business support to innovative early-stage companies in East Africa. It invests across sectors with the aim of helping portfolio companies scale locally and extend their growth across the continent and beyond.

KawiSafi Ventures is a venture capital firm focused on impact investments that accelerate access to clean and affordable energy in sub-Saharan and East Africa. It supports innovative, fast-growing companies in the off-grid energy sector that leverage renewable energy and mobile payment solutions to reach underserved communities. The firm provides patient capital and collaborates with entrepreneurs to spur market growth, develop talent, and attract follow-on investment, with the aim of addressing energy poverty and advancing social and environmental outcomes across the regional energy ecosystem.

Ecosystem Integrity Fund is a San Francisco-based venture capital firm focused on environmental sustainability. It invests in early-stage companies across energy, transportation, climate tech, agriculture, water, waste management, green chemistry, and related areas, seeking to demonstrate that positive environmental outcomes can accompany compelling financial returns. The firm targets opportunities in North America and Europe and has supported portfolio companies through multiple funds since its founding in 2010. Investment sizes vary by vintage, ranging from hundreds of thousands to tens of millions of dollars, with early funds typically at the lower end and later vintages deploying larger checks as opportunities permit. Its work emphasizes ESG considerations and impact alongside growth, combining sector expertise with strategic guidance to accelerate the transition to a more sustainable economy.

TBL Mirror Fund is a venture capital and private equity investment firm based in Nairobi, Kenya, with an additional office in the Netherlands. It backs small and medium enterprises in East Africa and Nigeria, focusing on information and communications technology, healthcare, and consumer goods, along with related commercial services. The firm primarily invests in equity or quasi-equity, often taking a minority stake and a board seat to help guide growth. It targets early to mid‑stage companies and seeks partnerships with strategic investors, typically engaging in mid-sized funding rounds. The firm emphasizes ethical norms, environmental responsibility, and good labor practices in its portfolio. Beyond providing capital, it supplies governance and operational know‑how from its managers and investors to help portfolio companies scale, with attention to software, telecom infrastructure, healthcare services, and consumer goods logistics and distribution across East Africa and Nigeria.

Surya Capital is a principal investment firm focused on high-growth markets in Sub-Saharan Africa, with emphasis on East Africa and Ethiopia. Not structured as a private equity fund, it provides patient and flexible capital to businesses, complementing capital with operational expertise by sourcing operating partners and strategic investors experienced in its sectors. The firm's management team leverages decades of private equity investment and business-building experience to partner with entrepreneurs on refining strategies, strengthening competitive advantages, and executing growth and expansion plans, while assisting with new financing and building execution capabilities. Its flexible approach includes greenfield, growth, and control investments, tailoring proposals to each opportunity while adhering to private equity governance standards. Surya Capital aims for win-win partnerships with local communities and stakeholders, combining rigorous governance with long-term value creation.

Ingressive Capital is a Lagos-based venture capital firm founded in 2017 that supports early-stage technology startups across Africa. It concentrates on pre-seed to seed investments in fintech, software-as-a-service and cloud, internet services, health tech, and agritech, with a Pan-African reach that includes Nigeria, Egypt, Ghana, Kenya and Morocco. The firm prioritizes indigenous founders and aims to back B2C initiatives that target youth and B2B solutions that strengthen Africa's value chains, from resource extraction to end products. Through active partnerships with founders, Ingressive Capital seeks to help accelerate growth, scale product-market fit, and influence entrepreneurial success across Africa.

Global Partnerships/Eleos Social Venture Fund is an early-stage impact-led fund focused on investing in social enterprises that aim to improve the lives of individuals living in poverty in East Africa. The fund targets approximately 12 high-potential social enterprises operating in sectors such as education, energy, health, rural livelihoods, sanitation, and water. Financing is provided through seed-stage convertible debt and early-stage equity, with an emphasis on active engagement at the board level. The overarching goal of the fund is to positively affect the lives of over 5 million people throughout its duration.

Nuwa Capital is a venture capital firm based in Dubai, United Arab Emirates, founded in 2020. It positions itself as a radical investment platform that reshapes how founders access capital. The firm targets technology-driven sectors including B2B, logistics, healthcare, retail, information technology, financial technology, education technology, SaaS, and agriculture technology. Through its regional investment activities, Nuwa Capital engages opportunities across the Middle East, North Africa, East Africa, and Pakistan.

AlphaMundi is a Switzerland-based impact investing firm that provides debt and equity financing to scalable, purpose-driven ventures across sectors including microfinance, affordable education, fair trade agriculture, renewable energy, fintech, rural microfinance, and affordable housing for low-income households. It emphasizes measurable social impact alongside financial returns and supports development-oriented opportunities through capital deployment and co-investments. Beyond investing, AlphaMundi contributes to the field through education, publications, and industry initiatives to promote impact investing among banks, pension funds, foundations, and family offices.

Renew Capital is a pan-African venture capital firm focused on early-stage investments in tech and tech-enabled businesses across Africa, operating in 13 countries. Based in Addis Ababa, Ethiopia, the firm seeks to foster economic growth by partnering with entrepreneurs, strengthening startup ecosystems, and addressing gaps in venture funding. Beyond capital, Renew Capital provides management training and market access to help founders create jobs, modernize industries, and generate returns. The firm also connects investors with promising startups and supports ecosystem development through partnerships to unlock economic opportunities.

Founders Factory is a global accelerator and venture studio that builds and funds startups through venture-building support and capital. Founded in 2015 by Brent Hoberman, Henry Lane Fox and George Northcott, the London-based firm focuses on fintech, health, climate and deep tech, partnering with entrepreneurs and corporates to develop ideas and scale ventures. It combines investment with hands-on operational support from a team of specialists and a broad network of corporate partners including Aviva, L’Oréal, Guardian Media Group, easyJet, Reckitt, Marks & Spencer, J&J, Deutsche Telekom, HSBC and Hitachi Construction Machinery. The firm has backed hundreds of technology companies globally and operates across incubation and growth stages, aligning startups with corporate partners to leverage networks, expertise and resources.

Seedstars Africa Ventures is a venture capital firm based in South Africa, founded in 2020, that provides early-stage capital to high-growth companies across Sub-Saharan Africa.

Launch Africa Ventures is a Mauritius-based venture capital firm established in 2020 that invests in early-stage African startups, primarily in seed and pre-Series A rounds, across fintech, healthtech, climate tech, agritech, edtech, transportation and mobility, logistics, e-commerce, software as a service, AI, big data and analytics. Based in Ebene, the firm targets companies across Africa, supporting portfolio growth and helping startups access venture capital to solve regional challenges.

GAIA Impact Fund is a venture capital firm that specializes in renewable energy and builds long-term partnerships with startups operating in Sub-Saharan Africa and Southeast Asia. It emphasizes environmental and social impact and backs businesses that enable sustainable and affordable energy provision to local communities. In regions with carbon-intensive energy mixes, the firm supports technological innovations and viable business models that enable cost-efficient, large-scale diffusion of renewable energy.

Inspired Evolution Investment Management is a Cape Town-based private equity and venture capital firm focused on sustainable environmental and energy technologies in Sub-Saharan Africa. Founded in 2007, the firm targets growth-oriented investments across clean energy infrastructure, energy access, water purification, waste management, and resource efficiency, including renewable generation and efficiency technologies. It pursues equity investments at early to mature stages, often as lead investor, and seeks significant minority or majority stakes with board representation. The firm also provides advisory services to portfolio companies. It operates with additional offices in Grand Baie, Mauritius; Abidjan, Ivory Coast; Nairobi, Kenya; and London, United Kingdom, enabling pan-African deal sourcing and support for projects across Southern Africa and beyond.

Goodwell Investments is an impact investment firm headquartered in Amsterdam, the Netherlands, with additional offices in Cape Town and Nairobi. Founded to finance inclusive businesses that provide basic goods and services to underserved populations in Africa and India, it backs early to growth-stage companies across sectors such as financial services, agriculture, mobility and transport, health, energy, education, and related services. The firm seeks financially sustainable, scalable ventures that deliver meaningful social and economic impact, often targeting microfinance, rural banking, mobile payments, and other inclusive solutions. It combines capital with hands-on support, including strategic guidance and access to a network, and typically takes minority stakes with occasional board representation and advisory services. The approach emphasizes creating durable, local impact while pursuing solid financial returns for investors.

Savannah Fund is a venture capital firm based in Ebene, Mauritius, founded in 2012 that provides seed-stage capital to technology startups across sub-Saharan Africa. It targets early-stage, high-growth technology companies in sectors such as agtech, content, e-commerce, edtech, enterprise, fintech, healthcare and logistics, typically investing tens of thousands to hundreds of thousands of dollars. The firm supports startups through an accelerator program and an extensive mentor network drawn from regional and international partners, including Silicon Valley, with ambitions to bridge the early-stage funding gap between angel investors and venture capital. Savannah Fund also operates Savannah Accelerator, a Nairobi-based program that funds and mentors several early-stage companies over a three-month cycle, offering equity stake and potential co-investment opportunities. The organization emphasizes creating sustainable, profitable companies that generate jobs and drive technology innovation in Africa.

Chui Ventures is a venture capital firm established in 2021 that invests in exclusively African-founded, early-stage, technology-enabled companies. Headquartered in Kenya and Nigeria, the firm provides capital and strategic support to African founders, with a focus on scalable, ESG-aligned ventures and a commitment to gender diversity. The team combines global finance experience to foster a thriving and inclusive startup ecosystem across the continent.

European Investment Fund is the EU's financing arm for small and medium-sized enterprises and mid-caps, providing financial instruments to improve access to affordable financing for businesses across their lifecycle, with a focus on innovation, growth, competitiveness, social impact and sustainability. The EIF leverages its capital base to foster public-private partnerships and allocates guarantees and equity funding to catalyze lending and investment for startups and small businesses throughout Europe, including EU member states, candidate countries and EFTA countries. It collaborates with partners to close funding gaps and support entrepreneurship and economic resilience.

Uncovered Fund is a venture capital firm founded in 2019 and based in Tokyo, Japan. It targets early-stage startups and makes investments in companies across Africa, focusing on Kenya, Nigeria, and South Africa. The firm backs ventures operating in retail, fintech, health tech, logistics, mobility as a service, agritech, and smart city sectors.

Science is a venture capital firm based in Santa Monica, California, founded in 2011. It targets seed-, early-, and later-stage investments in technology companies primarily in the United States, with activity also noted in India. The firm emphasizes identifying entrenched markets and societal shifts and backing disruptive ideas through highly focused teams. It has co-founded and invested in more than 60 companies, including notable early investments in consumer and technology startups such as Dollar Shave Club, DogVacay, HelloSociety, FameBit, Mammoth Media, Pray, and PlayVS.

Wonder Ventures is a venture capital firm based in Malibu, California that invests in technology startups at the early stage. It focuses on companies spanning software, blockchain, consumer technology, fintech, healthcare, marketplaces, transportation and logistics. While anchored in Southern California, Wonder Ventures actively supports teams in major markets such as Los Angeles, New York City and Silicon Valley, seeking to back founders with strong ideas and long-term solutions.

Mercia Asset Management is a UK-based asset management firm focused on equity and debt investments, offering a Complete Capital Solution across venture, private equity and debt. It combines managed funds with proprietary capital to back growth-oriented companies and seeks to deliver value for business owners, shareholders and fund investors. The firm invests across sectors including digital and digital entertainment, electronics, materials, manufacturing, engineering, life sciences and biosciences, software and e-commerce, and internet services.

Samurai Incubate is a Tokyo-based accelerator and early-stage venture capital firm that funds and guides startups from seed to Series A. It supports ventures across sectors including ICT, software, finance, logistics, healthcare, retail, energy, agriculture, transportation, and entertainment, with a focus on building capabilities in management, marketing, sales, human resources, and finance. The firm provides incubation services and may take advisory roles or external director positions with portfolio companies. It pursues investments in Africa, Israel, and Japan and maintains offices in Japan, Israel, Nigeria, Kenya, South Africa, and Shenzhen, China. Established in 2008, Samurai Incubate aims to help startups realize revenue potential and scale through practical expertise and strategic support.

LoftyInc Capital is a venture capital firm established in 2017 and based in Houston, Texas, that focuses on technology-enabled investments in Africa and other growth markets. It has invested over $25 million in more than 150 enterprises across the continent, including three unicorns, and has facilitated roughly $1.5 billion in follow-on funding for its portfolio. The firm pursues long-term growth and community benefits, and has built an ecosystem of tech hubs, angel networks, and talent platforms. It has realized 14 exits across its investments. Its sector focus spans fintech, e-commerce, artificial intelligence, edtech, healthtech, logistics, enterprise software, climate, and other tech-enabled industries.

SOSV is a global venture capital firm founded in 1995 and headquartered in New Jersey. The firm focuses on seed-to-growth investments in deep tech sectors, including biotech and life sciences, hardware and robotics, and cross-border software with emphasis on markets in Asia. It supports startups from early stages with investment capital as well as resources such as laboratories, collaborative spaces, and expert mentorship to accelerate product development and market traction. SOSV operates purpose-built programs to help portfolio companies raise follow-on funding, scale operations, and reach customers, often through structured matchmaking and access to a global network of investors. With a broad portfolio spanning hundreds of companies worldwide, SOSV aims to foster innovation, build vibrant entrepreneurial ecosystems, and contribute to sustainable technological advancement.

Enza Capital is a Nairobi-based multi-stage venture capital firm that backs category-defining technology companies across Africa. The firm targets fintech, logistics and mobility, health, human capital, education, energy, and climate-smart sectors, investing from pre-seed to Series B and typically writing checks ranging from $250,000 to $5 million. It often leads or co-leads rounds and emphasizes supporting teams that digitize traditional, offline industries and improve people’s lives. Enza Capital prioritizes strong founding teams, large addressable markets, and meaningful, measurable impact, and it collaborates with co-investors. The firm provides follow-on funding through its core funds and an evergreen growth vehicle, and it takes board or observer seats when leading investments. It operates with a long-term partnership approach, aiming to build enduring relationships with portfolio companies.

Silverbacks Holdings is a private investment firm based in Trianon, Mauritius, founded in 2019. It pursues growth investments in fintech, digital entertainment, e-commerce, gaming and sports, lifestyle, and e-logistics sectors across Africa and the Middle East.

Equator is a venture capital investment firm based in Nairobi, Kenya, founded in 2023. It funds technology-enabled, early-stage ventures in energy, agriculture and mobility that accelerate a climate-positive transition in Sub-Saharan Africa and support inclusive economic growth. The team comprises technologists, operators and investors with extensive experience investing in and scaling early-stage ventures across climate-positive sectors in the region.

VestedWorld is a Chicago-based venture capital firm that invests in high-growth companies across Sub-Saharan Africa, focusing on agribusiness, consumer products and services, and technology-enabled businesses. The firm aims to foster economic development and job creation by partnering with entrepreneurs to remove barriers to capital access and by providing capital, governance involvement, and direct strategic and operational support to help portfolio companies scale and achieve competitive returns for investors.

Global Innovation Fund is a London-based non-profit venture capital organization that supports the development, testing, and scaling of innovations aimed at improving the lives of the world's poorest people. It provides grants and risk capital to a range of actors, including for-profit firms, non-profit organizations, researchers, and government agencies, to fund early-stage ideas and help bring breakthrough solutions to scale and measurable impact.

Chandaria Capital is a Nairobi-based venture capital firm that invests in healthcare, technology, and consumer sectors across Africa. Founded in 2017, it supports entrepreneurs through mentorship and collaboration to build innovative, scalable companies with potential to transform the continent.

Ground Squirrel Ventures is a venture capital firm founded in 2018 and based in Boston, Massachusetts. The firm focuses on climate change mitigation by investing in frontier markets and clean energy, supporting early-stage companies with global reach. Its activity centers on Africa, with additional investments in Haiti, Asia, and Latin America.

Adanian Labs is a Pan-African venture builder and technology studio based in Nairobi, Kenya, focused on turning startups into scalable, data-driven businesses. It provides venture building, incubation, and capacity-building programs across Africa, supported by digital skilling, mentorship, and strategic partnerships. The organization employs technologies such as artificial intelligence, blockchain, the Internet of Things, and data analytics to develop innovative solutions across sectors including healthcare, information technology, agriculture, climate tech, fintech, education technology, mobility, and health tech. Through its Smart Tech Centers and collaborations with institutions and governments, Adanian Labs incubates startups and helps entrepreneurs build sustainable ventures while promoting inclusive growth. Its mission highlights empowering youth and women, driving wealth creation, and delivering impact by nurturing 300 startups in Africa that address real-world problems. The approach combines technology development with mentorship and ecosystem partnerships to accelerate innovation and contribute to Africa's tech ecosystem.

Persistent is a venture capital investment firm based in Nairobi, Kenya, that backs early-stage ventures with strong climate impact across Sub-Saharan Africa. The firm focuses on energy access and distributed renewable solutions for underserved markets, including off-grid energy services such as solar, micro-grids and related clean technologies. It provides deep operational and strategic support to exceptional entrepreneurs to accelerate growth while aiming to deliver attractive financial returns and lasting social and environmental impact.

Volve Capital is a venture capital firm based in Amsterdam, Netherlands, that backs early-stage technology startups in Western Europe. Founded in 2022 by entrepreneurs, it focuses on investments in software as a service, business-to-business, business-to-consumer, products, and impact ventures.

Seedstars is a Geneva-based venture capital and accelerator company focused on fostering entrepreneurship and economic development in emerging and frontier markets. It connects promising entrepreneurs with capital, mentorship, and networks through initiatives such as the Seedstars World Competition, Seedspace hubs, and a range of acceleration programs. The organization invests in high-growth ventures across sectors including financial services, healthcare, education, technology, and e-commerce, supporting early-stage startups from LatAm, Africa, the Middle East, Eastern Europe, and Asia to scale and create impact.

Africa Media Ventures Fund is a venture capital firm headquartered in Almere, Netherlands, that invests in media-focused ventures and small to mid-sized African media companies, providing capital and business development support, with investments typically between 20,000 and 200,000. It focuses on sub-Saharan Africa, particularly Kenya and Ghana, and its investors are experienced media entrepreneurs who participate in the management of portfolio companies through visits and board roles.

Pymwymic is a co-owned community of European wealth holders focused on impact investing that prioritizes people and the planet. Founded in 1994, it comprises more than 150 individuals, including families, entrepreneurs and angel investors from diverse backgrounds. The organization directs capital toward ventures that conserve and restore ecosystems, with an emphasis on sustainable food systems, and operates through the Pymwymic Healthy Ecosystems Impact Fund. The community combines knowledge, passion and resources to advance higher standards in impact investing and to promote investing with care for people and the planet as a norm.

Incofin Investment Management is an impact investment firm based in Antwerp, Belgium, founded in 2001, focused on financial inclusion for rural and agricultural sectors in developing countries. It invests in microfinance institutions and small- and medium-sized enterprises through debt and equity and guarantees, and may participate in other private equity or microfinance funds, aiming to support intermediaries serving rural poor, smallholder farmers and agricultural value chains. The firm typically seeks minority stakes and may sit on the boards of MFIs, while prioritizing portfolio diversification and impact; its activities span Africa, Asia, Latin America and other regions, with a particular emphasis on Sub-Saharan Africa and developing markets. It maintains offices in Bogota, Chennai, Nairobi, Luxembourg and Phnom Penh to support its global investments.

Swedfund is a government development finance institution based in Stockholm, with an office in Nairobi, established in 1979. It mobilizes capital and expertise for investments in private markets across Africa, Asia, Latin America and Eastern Europe, including direct investments and fund of funds activities. It finances a range of instruments, from equity to loans and other debt-like structures, and supports knowledge transfer and equipment upgrades, including depreciation loans to Swedish small and medium-sized enterprises. It pursues minority investments, typically in the range of 5 to 100 million SEK, with board seats and participation in investment committees, and aims for exits in five to ten years. It operates as a bilateral development financier within the European Development Finance Institutions network.