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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

TOTAL Impact Capital is a global impact investment firm headquartered in Bethesda, Maryland, with offices in New York, San Francisco, Geneva, Monaco and Nairobi. It provides capital and advisory services to enterprises, governments and nonprofits to address social and environmental challenges, using market-based approaches that aim for measurable financial returns alongside positive social impact. The firm invests across sectors such as healthcare, environment, education, sustainable agriculture, financial services, clean water and other cleantech and sustainability themes, and it supports expansion and growth through debt, equity and hybrid instruments, typically in the range of three to thirty million dollars. The firm operates worldwide with particular emphasis on Africa and the United States and leverages its network to source scalable ventures that address basic human needs and broader development goals.

Terragon is a data and marketing technology company focused on Africa, using data and analytics to help brands, marketing agencies and platforms reach customers at scale. It aggregates online and offline data and uses predictive scoring to enable cross-channel targeting across devices. The company develops enterprise marketing software to gather, aggregate, and monetize first-party data for customer acquisition and sales management, helping advertisers target prospects, measure campaign effectiveness, understand consumers, and engage in privacy-compliant digital marketing without relying on third-party cookies. It is headquartered in Lagos, Nigeria, with a presence in Kenya, South Africa, Ghana and India.

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.

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.

MAVA Ventures is a venture capital firm founded in 2014 and based in New York. It finances technology-based startups across sectors including artificial intelligence, B2B software (SaaS), fintech, cannabis, and cleantech, with a focus on opportunities in India, Kenya, and Nigeria.

UNICORN MAKING is an accelerator and venture capital firm that focuses on startups and early‑stage companies in technology and technology‑enabled sectors across Africa. It offers education, training, mentorship, infrastructure and long‑term capital, and connects portfolio companies with co‑investors after commercialization. The firm is headquartered in Nigeria and has offices in South Africa, Kenya, Mexico and the United States.

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.

Future Africa is a Lagos-based venture capital firm established in 2016. It invests in early-stage startups across a broad range of sectors, including agriculture and environment, data and artificial intelligence, e-commerce and consumer goods, education, jobs and talent, finance and blockchain, food and hospitality, health and wellness, media and entertainment, mobility and transport, real estate, technology, software and infrastructure. The firm operates as a collective of mission-driven founders and funders, aiming to build unicorns and address Africa’s biggest challenges while promoting purpose and prosperity for a broad segment of society. Through collaboration with entrepreneurs and ecosystem partners, Future Africa supports startups to grow and innovate across the continent.

TLcom Capital is a technology-focused venture capital firm with offices in Lagos, Nairobi and London. Founded in 1999, it invests in early to growth-stage technology companies across Europe, the United States, Israel and Sub-Saharan Africa, with Africa as a prime market. The firm manages substantial commitments through dedicated investment vehicles and targets sectors including data services, financial services, e-commerce, consumer applications such as health, education, energy, media and entertainment, and software for corporates and SMEs. TLcom seeks world-class entrepreneurs and management teams with disruptive technologies, strong intellectual property and deep market knowledge, aiming to back and assist portfolio companies as they scale.

Betatron is a venture capital firm and accelerator based in Hong Kong, established in 2016. It focuses on early-stage technology startups with a geographic emphasis on Asia, particularly Hong Kong and Singapore. The firm typically invests up to around US$0.5 million in selected startups and supports roughly 15–20 companies annually through its accelerator program and subsequent funding rounds. Betatron targets sectors such as B2B software, financial technology, healthcare, information technology, e-commerce, SaaS, big data, and other tech-enabled industries in the Asian market.

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.

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.

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.

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.

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.

Polychain Capital is a San Francisco-based venture capital firm founded in 2016 that specializes in blockchain assets and related technologies. It invests in blockchain protocols and companies to advance the global adoption of cryptocurrencies and actively manages portfolios of digital assets, reflecting a focus on information technology, financial technology, and blockchain sectors.

Lateral Frontiers is a New York-based venture capital firm focused on sub-Saharan Africa. It invests in early and growth-stage technology-enabled companies, providing debt and equity financing to support businesses that address key African needs. The firm backs sectors such as financial services, healthcare, education, energy, agriculture, housing, logistics, and mobility, aiming to back foundational technologies and scalable solutions that deliver profitable growth across the continent.

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.

LocalGlobe is a UK-based venture capital firm in London that focuses on seed and impact investing and has supported early-stage UK founders since 1999. It has backed notable companies such as Citymapper, Improbable, Lovefilm, Moo, Tweetdeck, TransferWise, and Zoopla. The firm has established multiple funds over the years and invests across sectors including software, fintech, e-commerce, consumer services, cybersecurity, digital health, insurtech, AI and machine learning, TMT and transportation.

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.

Musha Ventures is an Africa-focused micro venture capital firm and angel investor based in New York. It backs early-stage startups across Africa, with investments spanning education, healthcare, fintech, agriculture, and supply chain sectors.

Founded in 2020, Five35 Ventures is a South Africa-based venture capital firm dedicated to investing in early-stage African technology startups with a focus on female-led businesses.

Wamda is a MENA-focused entrepreneurship ecosystem platform that accelerates startup activity by delivering knowledge, programs, and advisory services to a wide range of stakeholders. It operates as a hub for media, research, community development, and practical programs, including the Wamda X fellowship, designed to support founders from idea to scale. Through its comprehensive ecosystem platforms, Wamda connects entrepreneurs with mentors, resources, and networks, and provides corporate and government advisory services to help shape policy, markets, and opportunity in the MENA startup landscape. The organization aims to strengthen the region’s technology-led businesses and foster sustainable growth by enabling collaboration among founders, investors, corporations, and public sector partners.

Moxxie Ventures is an early-stage venture firm based in San Francisco with additional offices in New York City and Boulder. The firm backs exceptional founders building in software, enterprise infrastructure, fintech, healthcare, climate, and consumer technology, and it emphasizes supporting teams with deep operational resources and a broad network of engineers, product and marketing leaders to accelerate growth. Its team comprises former operators and founders from leading tech companies, enabling practical guidance and hands-on collaboration from inception through early scaling. The firm invests early and seeks to be a trusted partner for founders across North America, offering strategic value, operational support, and a focus on helping products and businesses improve life and work.

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.

Castle Island Ventures is a venture capital firm based in Boston, Massachusetts, that concentrates on early-stage investments in public blockchains, their infrastructure, and related applications. The firm backs startups developing the software, tools, and services that enable blockchain protocols to scale and reach broad user adoption, with emphasis on cryptocurrency and blockchain ecosystems and associated infrastructure.

Third Prime is a venture capital firm based in New York with a regional footprint in Nashville, focused on seed and early-stage investments. Founded in 2016, the firm pursues opportunities in consumer, real estate services, and media sectors, as well as business-to-business and financial services companies, and typically makes initial investments in the range of $250,000 to $3 million. It partners with early-stage companies to provide capital and strategic support to accelerate growth.