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.

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.

Injaro Investments is an Africa-focused investment company providing venture capital, private equity, and private credit across the agricultural value chain. It targets seed and start-up financing as well as debt and equity investments in small and medium-sized enterprises operating in West Africa, with an emphasis on agriculture and related sectors. The company maintains a regional footprint with offices in Mauritius, Ghana, and Ivory Coast, reflecting its pan-African reach. Its approach blends local insight with global capital to support growth initiatives, create sustainable economic and social value, and contribute to development outcomes across the continent.

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.

Sarama Resources is an exploration-stage company engaged in acquiring, exploring and developing mineral properties, with a focus on gold deposits in West Africa and exploration landholdings in Burkina Faso, Liberia and Mali.

TLG Capital is a private investment firm focused on Sub-Saharan Africa, concentrating on growth and equity opportunities in frontier markets. It makes direct minority and majority equity investments, secondary opportunities, and distressed fund restructurings, sometimes via a permanent capital vehicle. The group targets sectors including healthcare, finance, consumer goods, real estate, agriculture, technology and infrastructure, and typically seeks board representation and minority protections to oversee investments. With a track record across SSA, it collaborates with partners to strengthen operations and ESG practices, aiming to unlock value in small and medium-sized enterprises. Notable investments include a pre-approved pharmaceutical plant in Uganda and healthcare facilities in West Africa, and its deals have received industry awards recognizing frontier-market activity. Founded in 2009, TLG Capital maintains a presence in key African hubs and operates across multiple SSA countries.

Synergy Capital Managers is a Lagos-based private equity and growth equity firm focused on investing in small- and mid-sized enterprises across West Africa. Founded in 2010, it targets high-growth SMEs across a range of sectors, including business services, consumer products and services, energy, financial services, healthcare, information technology, e-commerce, and manufacturing. The firm leverages local teams and capital to help build industry champions that contribute to regional economic growth and job creation, and it manages over US$100 million in assets.

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.

Phitrust Partenaires is an asset management company focused on impact finance. It provides technical and financial support to small and medium-sized for-profit companies that generate positive social and environmental outcomes. The firm invests globally, with emphasis on Europe and West Africa, across sectors that include social enterprises, finance for underserved communities, energy, and sustainable services. It applies environmental, social and governance principles to its investment approach and pursues long-term financial performance together with social impact. The company engages with portfolio companies to improve governance and sustainability practices and promotes transparency through regular reporting and adherence to recognized governance standards. Through its activities, Phitrust Partenaires aims to transform the economy by directing capital toward responsible, sustainable growth.

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.

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.

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.

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.

Ventures Platform is a venture capital firm based in Abuja, Nigeria, founded in 2015. It backs technology companies across Africa, focusing on early-stage and seed investments, and also pursuing growth capital for selected ventures. The firm operates from offices in Abuja and Lagos to support portfolio companies throughout the region.

Alitheia Capital is a Lagos-based Nigerian investment firm focused on impact investing. It manages over $250 million in assets and backs SMEs and financial services companies across Nigeria and other parts of Africa. The firm pursues both social and financial returns, prioritizing investments that expand access to essential goods and services for small and growing businesses and low-income households, with a strong emphasis on gender inclusion and ESG principles. It builds long-term partnerships by providing capital alongside strategic guidance, maintaining a regional footprint in Nigeria and Ghana to support sustainable economic development.

Investisseurs & Partenaires is an impact investment firm focused on African small and medium enterprises. Founded in 2002, it provides capital, technical and strategic support to portfolio companies to foster growth, job creation, and local value, while pursuing social, environmental and governance impact. The organization supports a network of pan-African funds and sponsors several Africa-facing impact funds, including initiatives in electricity access, with a team of about 30–40 professionals based in Europe and Africa. The firm emphasizes long-term partnerships and hands-on assistance to help entrepreneurs strengthen strategy, governance and operations across sectors such as health, transport and microfinance.

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.

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.

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.

Saviu Ventures is a venture capital firm focused on African early-stage startups, founded to back tech and tech-enabled companies across the continent, with a particular emphasis on Francophone markets. Based in Abidjan, Ivory Coast, the firm makes minority investments across seed, early, and later stages in sectors such as commercial products and services, retail, e-commerce, fintech, and mobility. Saviu combines capital with operational support, offering strategic guidance, business development, and access to a network to help portfolio companies grow and reach profitability. The firm pursues financial returns alongside positive social and environmental impact, adhering to ESG principles. By partnering with entrepreneurs, Saviu aims to accelerate growth, facilitate transitions to the next stage, and strengthen a broader ecosystem for African technology companies.

Speedinvest is a European venture capital firm based in Vienna with six offices across Europe, the Middle East and Africa. It uses sector-focused investment teams to back founders from pre-seed to growth with long-term conviction, providing access from day one to a global network of corporate customers, experts, industry leaders and top-tier follow-on investors to scale smarter and faster. The firm has backed a range of launches and scale-ups across multiple industries, including Bitpanda, Moove, Tide, GoStudent, Wayflyer, ARX Robotics, Seqera Labs and Cylib.

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.

Golden Palm Investments is an Africa-focused investment firm established in 2008 and headquartered in Accra, Ghana. It provides early-stage, venture, and growth capital and engages in investment management and advisory activities. The firm targets technology-enabled sectors such as financial technology, digital health, and marketplaces, and also invests in real estate and agribusiness, aiming to generate sustainable value for stakeholders while contributing to economic development across the continent. Guided by an experienced team and advisory board, Golden Palm Investments emphasizes long-term partnerships and responsible investment practices, prioritizing investor relationships and entrepreneur success to help build thriving communities in Africa.

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.

EchoVC Partners is a Lagos, Nigeria-headquartered venture capital firm that invests in seed and early-stage technology companies across North America, Africa, and Southeast Asia. It focuses on internet platforms, consumer internet, media, smart data and analytics, semantic technology, ambient sensing, e-commerce and digital media, software and enterprise infrastructure, and related sectors, with a preference for supporting women founders and underrepresented entrepreneurs in underserved geographies. The firm emphasizes cross-regional collaboration, practical portfolio support, and leveraging an experienced team to help portfolio companies grow, scale, and connect with broader technology ecosystems.

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.

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.

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.

Cleveland Avenue is a Chicago-based venture capital firm, founded in 2015, that invests across seed to growth stages in lifestyle consumer brands and technology companies, including food and beverage, AgTech, and related consumer tech sectors. The firm provides financial resources and strategic guidance to portfolio companies, supporting areas such as business strategy, financial planning, supply chain optimization, product development and marketing. It emphasizes building lasting partnerships, scaling businesses in large, expanding markets, and pursuing value creation toward monetization, while maintaining a broader focus on philanthropy and education.

Kaleo Ventures is a Dallas, Texas-based venture capital firm that funds early-stage technology companies across Africa, including pre-seed opportunities.

Orange is a global telecommunications and digital services group headquartered in Paris. It operates mobile and fixed-line networks across Europe and Africa and provides corporate telecommunication and IT services worldwide through Orange Business Services, which serves large enterprises, local authorities, SMEs, and multinationals with voice and data, cloud, security, and unified communications solutions. The group also runs an international startup ecosystem via Orange Fabs and delivers end-to-end enterprise capabilities, including data center and network management, IT infrastructure, and application management, to simplify international communications for customers. Founded in 1991, Orange has a presence in about 30 countries and emphasizes innovation and responsible digital practices.

Microtraction is a Lagos-based early-stage venture capital firm that backs technology-driven startups across Africa, focusing on software, fintech, SaaS, and other technology sectors. It supports ambitious founders at the pre-seed and seed stages with initial capital and mentorship, offering access to a diverse investor network and industry experts to help startups reach product-market fit and progress toward Series A funding. The firm aims to identify and nurture teams with potential to become durable, high-growth companies and to connect them with later-stage investors and accelerators.

Al Mada Ventures is a venture capital firm founded in 2022 and based in Casablanca, Morocco. It focuses on technology-oriented startups and seeks investments across fintech, healthtech, logistics, edtech, and renewable energy.

Band of Angels is an angel investment group based in San Francisco, founded in 1994. Comprised of former and current high-tech executives, the group provides capital and advisory support to seed and early-stage technology companies. It invests across high-tech sectors including enterprise software and AI, medical devices, fintech, energy, agtech, hardware, and related areas, with a focus on California and the Silicon Valley ecosystem. Typical investment sizes range from several hundred thousand dollars, often leading syndications, and members frequently seek board representation in portfolio companies. The group emphasizes leveraging its members' operational experience to help startups grow, fundings are concentrated in early rounds and the band operates as a collaborative network rather than a formal venture fund.

SUM Ventures is a Santa Monica-based early-stage venture capital firm that backs founders across fintech, PropTech, AI and computer vision, climate and health, as well as related areas such as IoT, cleantech and medtech. It invests at the seed stage and deploys capital in phased rounds, prioritizing right-sized checks and high-growth potential. The firm builds a deep sourcing engine through a network of operators, industry experts and institutional partners, and it offers operational support beyond capital to help portfolio companies scale. SUM Ventures emphasizes a founder-centric, disciplined approach designed to create a compounding network effect through ongoing engagement. Notable portfolio milestones include PlantSwitch's partnership with Siemens to scale plant-based plastic production and LiveEasy's acquisition by AppFolio.

FEI OGEF is a venture capital firm established in 2018 and located in Port Louis, Mauritius. The firm focuses on providing local currency financing solutions to companies that deliver affordable solar energy to off-grid communities in the region. By investing primarily in the energy and technology sectors, FEI OGEF aims to address the challenges of energy access while promoting sustainable development through innovative financing models.

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.

Teranga Capital is an impact investment firm based in Dakar, Senegal, operating across Senegal and Gambia. It focuses on startups and SMEs with high growth potential, providing minority equity or quasi-equity investments typically in the range of 50 to 300 million FCFA. Investments are structured to last around five years, and the firm often assumes a seat on the portfolio company’s board. Beyond capital, Teranga Capital offers value-added support, including coaching, technical assistance, and networking, to strengthen management, organizational capabilities, and commercial development. The firm aims to finance businesses that deliver positive social or environmental impact and works with enterprises across sectors to improve access to finance, markets, and skills development. By combining selective capital with tailored support, Teranga Capital seeks to empower entrepreneurs in Senegal and Gambia to scale their operations and enhance economic growth.

Zrosk Investment Management is a Lagos-based venture capital firm that funds early-stage startups from pre-seed to Series A across sectors including fintech, SaaS, entertainment tech, web3, mobility, logistics, business services tech, e-commerce, agriculture, mining, manufacturing, and the creative industries. The firm seeks a meaningful equity stake in portfolio companies, typically around 10%, and provides value-added support in addition to capital to help young companies scale.

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.

The Raba Partnership is a venture capital firm based in Cape Town, South Africa, focused on African technology companies in logistics, supply chains, and financial services. It partners with founders building technology companies that tackle hard problems in emerging African ecosystems and is backed by a select group of venture capitalists, technology entrepreneurs, and families with global business experience.

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.

Omidyar Network is a philanthropic investment firm founded in 2004 by Pierre and Pam Omidyar and based in California. It makes both investments and grants to organizations that aim to improve people's lives and strengthen communities, partnering with like-minded initiatives to scale impact. The firm organizes its efforts around two investment initiatives, Access to Capital and Media, Markets and Transparency, and seeks to support ventures in areas such as internet and mobile technology, information technology, education, governance, financial inclusion, and civic engagement. Through funding and strategic collaboration, Omidyar Network aims to advance courageous leadership, good governance, informed and engaged citizens, and thriving communities, harnessing market-based approaches to generate social impact.

IFU is a Danish development-focused investor that provides financing to private-sector projects in developing countries through equity, mezzanine, loans and guarantees. Founded in 1967 and headquartered in Copenhagen, it supports creating new companies, establishing joint ventures between Danish firms and local partners, and acquiring existing businesses. It prioritizes sectors such as climate, agribusiness, energy from solar and wind, irrigation and commercial services, and seeks to invest across Africa, Asia, Europe and the Americas in line with OECD/DAC donor lists. Typical investments range from 0.5 million to 100 million Danish kroner, often alongside Danish co-investors, with a preference for board involvement. It also provides advisory services and targeted support to small and medium-sized enterprises and aims to exit investments within five to seven years after repayment or sale of shares. The firm emphasizes risk capital and additional financing through partnerships and operates internationally with offices beyond Denmark.

Zedcrest Capital is a Lagos-based capital management and asset management firm offering a range of financial services in the capital markets. It engages in fixed income trading and investments across debt and equity, including buyouts and growth or venture capital opportunities, and also provides brokerage and wealth management services to clients.

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.

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.

Lanai Ventures is a Barcelona, Spain-based venture capital firm founded in 2016 that backs pre-seed and seed-stage startups in Spain. The firm operates an affiliated angel group, Lanai Partners, which invests in digital startups and collaborates with business leaders to evaluate opportunities across industries. Lanai Ventures leverages a broad network of top founders acting as Limited Partners to create value for portfolio companies and to source new investments.

Unpopular Ventures is a San Francisco-based venture capital firm founded in 2019 that concentrates on technology investments. It backs companies that are off the beaten path and has deployed approximately $75 million across about 500 startups since its inception, including Zepto, Jeeves, and Yassir. The firm maintains a high level of activity, investing around 30 to 40 companies each quarter, reflecting a broad and ongoing deal flow in the technology sector.

Magic Fund is a venture capital firm focused on early-stage investments. Based in Los Angeles, it pursues opportunities across Africa, Europe, Latin America, North America, and Southeast Asia. The firm typically makes small initial investments ranging from 100,000 to 300,000 USD and operates as a network of micro-funds led by repeat founders with deep expertise in specific industries and geographies.