Africa: venture funds and startups
Geography hub · Middle East & Africa
◆ Funds tracked
25
◆ Combined AUM
$6.4B
◆ Startups tracked
8
◆ Raised between them
$18.7M
◆ Overview
Fusion42 tracks 25 venture funds in Africa with $6.4B in combined assets under management, and 8 startups that have raised $18.7M between them. The data below is live from the same database that powers Raise and Scout, and is continuously enriched as new rounds and funds are announced.
Part of the Raise fund database and the Scout startup database by Fusion42 — the same live data Arthur reasons over.
◆ Highlights
Active funds in Africa include Ventures Platform Fund II, Silent Ventures Fund II, Catalyst Fund, Launch Africa Seed Fund I and QED Investors; startups in Africa include ChipMango, Apate.AI, Flowt, Blockops Network and Fusepay. Each name links through to a full machine-readable profile — its backers, rounds and related Wire analysis — and the tables below list every entity Fusion42 tracks in Africa, refreshed as new rounds and funds are announced.
◆ Funds in Africa (25 tracked)
| Fund | Type | HQ |
|---|---|---|
| Ventures Platform Fund II | vc | Nigeria |
| Silent Ventures Fund II | vc | United States |
| Catalyst Fund | vc | United States |
| Launch Africa Seed Fund I | vc | Mauritius |
| QED Investors | vc | United States |
| Costanoa Ventures | vc | United States |
| Kima Ventures | vc | France |
| Kindred Ventures | vc | United States |
| Catalyst Fund | vc | Kenya |
| Base10 | vc | United States |
| Africa Jobs Fund | vc | United States |
| Digital Africa Seed Fund | vc | France |
| GB Ventures | corporate vc | Egypt |
| Quona Fund IV | vc | United States |
| Novastar Africa Impact | vc | Kenya |
| Uncovered Fund Monex Africa | corporate vc | Japan |
| First Circle Capital | vc | Morocco |
| VP Pan-African Fund II | vc | Nigeria |
| 3iF | vc | Kenya |
| Chui Ventures | vc | Kenya |
| Oui Capital | vc | Nigeria |
| Ventures III | vc | United States |
| Speedinvest | vc | Austria |
| Aqua-Spark Africa Fund | vc | Netherlands |
| Speedinvest Africa Fund | vc | Austria |
◆ Startups in Africa (8 tracked)
◆ Recent Wire analysis
- Payments are becoming the operating system of banking1 Sept 2026
- Africa Solar Capacity Additions Set to Hit 17 GW in 202631 Aug 2026
- Kenya and Tanzania Deepen Regulatory Ties on Satellite Communications and LEO Services31 Aug 2026
- Africa: Mining unions launch regional network to strengthen workers' rights & corporate ...31 Aug 2026
- Ethiopia positions itself as logistics hub for Africa's postal and e-commerce trade29 Aug 2026
- Africa spends $90bn yearly servicing debt, pays $75bn risk premium — Kenya govt29 Aug 2026
- Meet Osaro Jackson who built payment infrastructure career from ride-hailing operations to ...29 Aug 2026
- Mudavadi: Why Kenya occupies strategic position in Africa and regional relations28 Aug 2026
- Kenya Urges Africa to Unite to Cut Cost of Borrowing28 Aug 2026
- Stratos Lab, ECOBLOX and Digital Parks Africa Launch Africa's Most Powerful AI Cloud27 Aug 2026