Africa’s startup ecosystem has been growing rapidly, attracting global and local venture capital (VC) firms eager to invest in innovative businesses. Below, we highlight some of the most popular VC funds investing in African startups, the companies they’ve backed, their investment amounts, preferred stages, and links to their websites.
1. Partech Africa
- Investment Amount: $1M – $15M
- Stage: Seed to Series C
- Preference: Fintech, Healthtech, Enterprise Software
- Notable Investments: TradeDepot, Yoco, Wave
- Learn more
2. TLcom Capital
- Investment Amount: $500K – $10M
- Stage: Seed to Growth
- Preference: Technology-driven businesses in various sectors
- Notable Investments: Andela, Twiga Foods, uLesson
- Learn more
3. 4DX Ventures
- Investment Amount: $500K – $5M
- Stage: Seed to Series B
- Preference: Fintech, Logistics, Consumer Tech
- Notable Investments: mPharma, Sokowatch, Flutterwave
- Learn more
4. Norrsken22
- Investment Amount: $5M – $20M
- Stage: Series A and Beyond
- Preference: Impact-driven tech startups
- Notable Investments: Autochek, Paystack, SafeBoda
- Learn more
5. CRE Venture Capital
- Investment Amount: $1M – $15M
- Stage: Early and Growth Stages
- Preference: Tech startups with scalable models
- Notable Investments: Flutterwave, Yoco, Andela
- Learn more
6. LoftyInc Capital
- Investment Amount: $50K – $3M
- Stage: Pre-seed to Series A
- Preference: African startups in fintech, health, logistics
- Notable Investments: Flutterwave, Reliance Health, Kudi
- Learn more
7. Novastar Ventures
- Investment Amount: $250K – $10M
- Stage: Seed to Growth
- Preference: Social impact-driven startups
- Notable Investments: Komaza, mPharma, SolarNow
- Learn more
8. EchoVC Partners
- Investment Amount: $250K – $5M
- Stage: Seed to Series A
- Preference: Fintech, Healthtech, Edtech
- Notable Investments: Lifebank, Hotels.ng, Printivo
- Learn more
9. Chandaria Capital
- Investment Amount: $100K – $2M
- Stage: Seed to Series A
- Preference: High-growth startups in Africa
- Notable Investments: Sokowatch, Kune Foods, Sendy
- Learn more
10. GreenHouse Capital
- Investment Amount: $100K – $5M
- Stage: Pre-seed to Series A
- Preference: Fintech and AI-driven startups
- Notable Investments: Flutterwave, Helium Health, Riby
- Learn more
Conclusion
Africa’s startup ecosystem is attracting global investors looking for the next wave of innovation. Whether you’re a founder seeking funding or an investor scouting opportunities, these VC firms are shaping the future of Africa’s tech landscape.
Stay tuned for more insights on startup investments in Africa! 🚀