A Enterprise Capital agency supplies funding, strategic steering, and different assets to startups with excessive progress potential, starting from early-stage to later-stage corporations. In contrast to taking a mortgage, VC investments don’t require reimbursement if the startup fails. As a substitute, VC companies take an fairness stake within the firm, which means their returns rely on the startup’s success, incentivising VC companies to create the success of their portfolio startups.

VC companies sometimes increase capital from high-net-worth people, bigger funds, and establishments like improvement finance establishments, utilizing these funds to construct a various portfolio of startups. As a result of potential for prime returns, enterprise capital is a extremely aggressive funding supply, with buyers actively looking for out revolutionary companies poised for fast progress. Listed here are a number of the lively VC companies actively investing in African startups. 

16 enterprise capital companies actively funding African startups in 2025

1. 54 Collective (Founders Manufacturing facility Africa)

• Abstract of 2025 Funding Actions: Regardless of the deliberate shutdown of its enterprise studio operations by April 30, 2025, following the conclusion of its partnership with the Mastercard Basis, 54 Collective’s $40 million enterprise capital fund, UAF1, stays lively and dedicated to investing in African startups. Web site checks verify current funding exercise in late 2024 and early 2025, together with a partnership announcement with Carbin Africa in 2024. Notably, 54 Collective was recognised as Africa’s most lively pre-seed investor for offers exceeding $100,000 in 2024, underscoring their continued significance within the early-stage funding panorama.
• Main Funding Focus: 54 Collective adopts a sector-agnostic strategy, permitting them to spend money on a various vary of startups throughout varied industries. Their main focus is on pre-seed and seed-stage corporations working throughout Africa. This broad mandate permits them to establish and help promising ventures at their earliest phases, no matter their sector.

2. Accion Enterprise Lab

• Abstract of 2025 Funding Actions: Accion Enterprise Lab expanded its funding portfolio by investing in SUKHIBA, an AI-powered conversational commerce platform in Africa. The agency additionally co-invests with companies like Baobab Community, highlighting their collaborative position inside the ecosystem. 
• Main Funding Focus: Accion Enterprise Lab’s main funding focus is on monetary inclusion, focusing on revolutionary startups that handle the monetary wants of underserved populations globally, with a big emphasis on Africa. They sometimes spend money on corporations on the early and seed phases.

3. Ajim Capital

• Abstract of Funding Actions: Ajim Capital has actively deployed capital throughout 22 corporations since its inception in 2022. This exercise degree positions them as a big early-stage investor within the African tech panorama. Whereas particular names of the 22 corporations invested in throughout early 2025 weren’t detailed within the report by Weetracker, the sheer variety of investments underscores their lively position in funding African startups throughout varied sectors.
• Main Funding Focus: Initially adopting an agnostic strategy, Ajim Capital more and more focuses on sectors corresponding to B2B SaaS, HealthTech, PropTech, and Developer Instruments, alongside their continued curiosity within the broader know-how house. They sometimes spend money on corporations starting from Early to Progress phases, with a geographical give attention to Africa, significantly Kenya and Nigeria. 

4. Aruwa Capital Administration

• Abstract of 2025 Funding Actions: Aruwa Capital Administration is a female-founded and led progress fairness impression funding firm primarily based in Lagos, Nigeria. They hosted a method retreat to refine their focus for the yr and have been featured within the PEVCA Nigeria 2024 Yr-Finish Report. The agency additionally actively participated within the Demo Day of the Transitioning to Tech for Ladies Programme, underscoring its dedication to gender-lens investing. Moreover, they carried out technique classes with new and present portfolio corporations, indicating a hands-on strategy to supporting their investments.
• Main Funding Focus: Whereas their preliminary focus was comparatively agnostic, they strongly emphasise gender-lens investing, supporting quickly rising corporations that present important items and companies to the feminine financial system or are based or co-founded by girls. They make investments throughout the early-stage, seed-stage, seed-to-growth, and Collection A phases, primarily focusing on Nigeria and the broader West African area.

Learn Extra: Aruwa Capital, a female-led fairness fund, has closed its first institutional fund, surpassing its $20 million goal.

5. Capria Ventures

• Abstract of 2025 Funding Actions: In March 2025, Capria Ventures introduced its intention to take a position between $1 and $3 million every in two extra African Collection A startups. This clear assertion alerts their lively curiosity and availability of capital for growth-stage ventures within the African market.
• Main Funding Focus: Capria Ventures is an impact-driven enterprise capital agency specializing in key sectors corresponding to fintech, agtech, HR tech/job tech, edtech, well being tech, and B2B SaaS. Their main funding stage is Collection A, focusing on corporations in rising markets, particularly Nigeria, Kenya, and Egypt. This strategic focus permits them to help corporations which have already demonstrated product-market match and are able to scale.

6. Catalyst Fund

• Abstract of 2025 Funding Actions: Whereas particular funding information for 2025 will not be outstanding, the Catalyst Fund has constructed a big portfolio of 81 corporations throughout 19 markets since its inception in 2015, strongly emphasising ventures in Africa. 
• Main Funding Focus: The Catalyst Fund specialises in supporting early-stage startups within the agritech, cleantech, healthtech, and insurtech sectors, with a broader give attention to know-how options that promote local weather adaptation and resilience in Africa. They sometimes present pre-seed and seed-stage funding to rising market corporations with a big African focus.

7. DOB Fairness

• Abstract of 2025 Funding Actions: DOB Fairness commenced 2025 with a strategic funding in Spouts Worldwide, a Ugandan firm specialising in ceramic water filters. This funding, made in January 2025, marks the primary below DOB Fairness’s revised funding technique, emphasising sustainable options and impact-driven ventures inside the East African area.
• Main Funding Focus: DOB Fairness’s funding focus centres on the agritech, edtech, and fintech sectors, primarily specializing in corporations working in East Africa. They sometimes present funding to companies within the early to progress phases. This regional and sector-specific strategy permits them to construct deep data and supply tailor-made help to their portfolio corporations.

You Would possibly Additionally Like: DOB Fairness shakeup as co-CEOs step down in management overhaul.

8. Flourish Ventures

• Abstract of 2025 Funding Actions: Flourish Ventures has been an lively investor within the African tech house in 2025, specializing in the Fintech and Mobility sectors. The agency backed MoneyHash, an Egyptian startup, and thru its subsidiary Madica, made investments in Medikea (HealthTech), Motherbeing (Reproductive Well being), and Pixii Motors (Clear Mobility). Key investments embrace MoneyHash in Egypt, which raised $5.2 million to scale its funds infrastructure, and the investments made by Madica in Medikea, Motherbeing, and Pixii Motors, though the precise quantities for these weren’t disclosed.
• Main Funding Focus: Flourish Ventures targets startups within the digital infrastructure, monetary inclusion, fintech, and insurtech sectors. They sometimes spend money on corporations from the early to progress phases and have a worldwide funding mandate, with a big presence and exercise in Africa. They give attention to supporting the foundational applied sciences and enterprise fashions that drive monetary empowerment.

Associated Publish: Flourish Ventures needs to create systemic change and construct honest African monetary techniques.

9. Future Africa

• Abstract of 2025 Funding Actions: Future Africa’s accelerator program, Speed up Africa, is actively working cohorts in 2025, supporting early-stage African founders. Whereas the accelerator doesn’t immediately make investments, the Future Africa Fund could make follow-on investments starting from $250,000 to $500,000 in probably the most promising startups graduating from this system.
• Main Funding Focus: Future Africa adopts a sector-agnostic strategy, specializing in figuring out and supporting early-stage startups throughout varied African industries. Their main funding phases are pre-seed and seed, typically reached by way of their accelerator program.

10. HoaQ:

• Abstract of 2025 Funding Actions: In 2025, HoaQ VC solidified its dedication to the African startup ecosystem by transitioning from an angel investor syndicate to a devoted enterprise capital fund, enabling extra profound engagement with early-stage ventures. Their actions emphasised offering strategic steering and entry to helpful networks alongside monetary capital. Recognising the dynamic funding panorama, HoaQ advocated for “blended capital” methods, encouraging startups to discover various financing choices. The agency additionally celebrated notable successes, attaining exits with Baseline, which was acquired by Cloudflare, and Raenest, which delivered a big 600% web return. Though particular bulletins of recent investments made in 2025 are usually not readily availablel, their various portfolio signifies ongoing funding and help inside the African tech ecosystem.
• Main Funding Focus: HoaQ VC focuses on early-stage know-how and tech-enabled startups, significantly pre-seed and seed-stage startups. They aim sectors important to Africa’s financial improvement, together with finTech, adtech, mobility, healthtech, logistics, information analytics, and AI. Geographically, their funding technique is tailor-made in the direction of startups constructing options for Africa and its diaspora, encompassing ventures primarily based inside the African continent and in key diaspora hubs just like the UK and the USA. A key criterion for his or her investments is the potential to handle substantial market alternatives, sometimes these exceeding a market dimension of $1 billion.

11. Launch Africa Ventures

• Abstract of 2025 Funding Actions: Launch Africa Ventures continues to solidify its place as a number one pan-African VC fund, actively addressing the important funding hole inside the continent’s early-stage startup ecosystem. Their ongoing deployment of Fund II and the transition to a mezzanine construction for Fund III point out sustained and evolving funding exercise all through 2025. They search to bridge the hole between seed and Collection A funding, a stage the place many African startups face vital challenges.
• Main Funding Focus: Launch Africa Ventures maintains a sector-agnostic strategy, however with a robust emphasis on B2B and B2B2C tech-enabled startups. Whereas they’ve traditionally targeted on sectors like fintech, market, massive information, healthtech, and logistics, they’re more and more exploring alternatives in cleantech, agritech, and AI/massive information. This displays their recognition of Africa’s distinctive challenges and the rising significance of those sectors. They primarily spend money on corporations on the early and seed stage, with typical preliminary investments starting from $250,000 to $500,000 and potential follow-on investments as much as $1 million. Their strategic strategy prioritises attaining significant possession stakes to maximise returns for his or her LPs.

Learn Extra: “Most African corporations don’t want VC” – Launch Africa’s Uwem Uwemakpan.

12. Norrsken22

• Abstract of 2025 Funding Actions: Norrsken22 maintained an lively funding tempo within the African enterprise capital scene in 2025. The agency participated in an undisclosed funding spherical for Kapu, a Kenyan e-commerce platform, and co-led a $6.75 million spherical for Taager, an Egyptian social commerce platform. Moreover, they contributed to the $11 million funding secured by Raenest, a fintech firm targeted on cross-border funds.
• Main Funding Focus: Norrsken22 is a worldwide impression fund devoted to Africa, investing in commercially profitable corporations that contribute to constructive societal impression. Whereas their focus is comparatively agnostic, they strongly spend money on high-growth know-how startups throughout varied sectors. They sometimes spend money on corporations on the progress stage and seed-to-growth phases.
• Notable Latest Investments in African Startups (2025): Their vital investments in Kapu, Taager, and Raenest exhibit their dedication to backing promising ventures in key sectors like e-commerce and fintech throughout East and North Africa.
• New Funds Concentrating on African Startups (2025): Though no new funds have been launched in 2025, Norrsken22 accomplished the ultimate shut of its $205 million fund in November 2023, which is actively being deployed to help African startups in 2025.

13. Oui Capital

• Abstract of 2025 Funding Actions: Oui Capital continues to be an lively investor within the African startup ecosystem. In February 2025, the agency achieved a big milestone by turning into certainly one of Africa’s first enterprise capital companies to return a fund from its 2019 classic, pushed by a exceptional 53x return on its early $150,000 funding in Moniepoint.
• Main Funding Focus: Oui Capital is a technology-focused enterprise capital agency that invests in startups throughout Africa, starting from early to progress phases. Their sector pursuits span a wide selection of technology-driven companies, reflecting their perception within the transformative energy of innovation throughout the continent.

Extra on Our Capital – Oui Capital’s 2021 Offers: Quabbly, Clane, Aifluence, and Extra

14. Renew Capital

• Abstract of 2025 Funding Actions: Renew Capital maintained its strategic give attention to investing in early-stage African startups all through 2025. The agency made notable investments in Sevi, a Kenyan fintech startup, and Dabchy, a Tunisian style e-commerce platform. The co-CEO of Renew Capital additionally expressed optimism concerning an anticipated enhance in US enterprise capital exercise in Africa throughout 2025.
• Main Funding Focus: Renew Capital helps revolutionary corporations with excessive progress potential in e-commerce, well being, and Logistics. They primarily make investments on the seed stage, with a mean funding of roughly $228,000. Their operations span sub-Saharan Africa, with established trade hubs facilitating funding actions.
• Notable Latest Investments in African Startups (2025): The investments in Sevi, a fintech firm in Kenya, and Dabchy, a style e-commerce platform in Tunisia, illustrate their continued help for early-stage ventures throughout East and North Africa.

15. TLcom Capital

• Abstract of 2025 Funding Actions: TLcom Capital stays lively in Africa’s enterprise capital ecosystem, not too long ago closing its $154 million TIDE Africa II fund for early-stage startups. This milestone, achieved over two years, reinforces its dedication to funding high-growth tech corporations regardless of a difficult funding panorama.
• Main Funding Focus: TLcom Capital invests primarily on the seed and Collection A phases, with follow-up capital for growth-stage portfolio corporations. Whereas sector-agnostic, it has proven robust curiosity in Fintech, EdTech, and AgriTech. The agency operates throughout Africa, with places of work in Lagos, London, and Nairobi.
• Notable Latest Investments in African Startups (2025): The TIDE Africa II fund has already been deployed in South Africa and Egypt, backing LittleFish, a Cape City-based software program firm enabling cost and banking merchandise for SMBs, and ILLA, a Cairo-based middle-mile logistics firm. TLcom has beforehand invested in notable African startups like Andela, Twiga Meals, uLesson, Vendease, and SeamlessHR.
• New Funds Concentrating on African Startups (2025): TLcom Capital efficiently closed TIDE Africa II at $154 million, practically double the dimensions of its earlier fund. Traders embrace the European Funding Financial institution (EIB), Allianz, DEG Influence’s AfricaGrow, Visa Basis, and Bertelsmann. With this fund, TLcom goals to spend money on 20-25 startups and help female-founded tech startups, persevering with its partnership with FirstCheck Africa.

16. Ventures Platform

• Main Funding Focus: Ventures Platform continues to take a position throughout varied sectors, together with well being, logistics, insurtech, autotech, SaaS, agritech, edtech, monetary inclusion, and fintech. The agency predominantly targets startups on the pre-seed and seed phases, deploying over 90% of its earlier funds at these early phases. Ventures Platform supplies follow-on funding to promising startups the place information helps additional funding.

• The agency’s funding technique focuses on startups addressing important challenges in Africa, corresponding to restricted entry to healthcare, training, and monetary companies. Whereas initially centred on Nigeria, Ventures Platform has expanded its attain with investments in key African markets, together with Ghana, Kenya, Egypt, South Africa, and Francophone West Africa.

• Latest Investments and Geographic Enlargement (2025): Ventures Platform has actively broadened its funding scope past Nigeria, reinforcing its objective of turning into a pan-African investor. The agency has backed startups in 12 non-Nigerian markets, together with South Africa, Zambia, and Egypt, specializing in Francophone West Africa. It views this area as a “lake technique”—focusing on startups that may dominate area of interest markets and quickly scale throughout neighbouring international locations.

• Latest investments have adopted this growth technique, with startups in Senegal, Côte d’Ivoire, and Cameroon receiving funding. Ventures Platform believes these markets current simpler paths to exit on account of curiosity from French firms looking for acquisitions. One such funding was in Tanel, a medical insurance startup primarily based in Senegal.

• Notable Portfolio Firms: Ventures Platform has constructed a formidable portfolio of African startups, together with Piggyvest, Remedial Well being, OmniRetail, and Union54. The agency was additionally an early backer of Paystack, which Stripe acquired for over $200 million in 2020. These investments spotlight Ventures Platform’s capability to establish high-growth startups with robust unit economics.

Last Ideas:

The enterprise capital setting in Africa in 2025 is characterised by dynamism and strong exercise, with a wide selection of companies actively backing revolutionary startups throughout the continent. The 16 companies on this report symbolize a various mixture of pan-African and regionally targeted buyers, every with distinctive sector pursuits and funding methods. Their collective efforts are pivotal in shaping African know-how and entrepreneurship trajectories. Because the yr progresses, additional funding exercise and the emergence of recent influential gamers are anticipated, reinforcing Africa’s rising significance as a worldwide frontier for innovation and funding.

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