Africa: venture funds and startups
Geography hub · Middle East & Africa
◆ Funds tracked
25
◆ Combined AUM
$10.2B
◆ Startups tracked
12
◆ Raised between them
$143.8M
◆ Overview
Fusion42 tracks 25 venture funds in Africa with $10.2B in combined assets under management, and 12 startups that have raised $143.8M 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 Biochar Industrial Group (BIG), Bekia, Synapse Analytics, Zeal and Flowt. 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 (12 tracked)
| Startup | Stage | HQ | Raised |
|---|---|---|---|
| Biochar Industrial Group (BIG) | pre-seed | Nigeria | $1.5M |
| Bekia | seed | Egypt | $0.8M |
| Synapse Analytics | series-a | UAE | $13M |
| Zeal | — | Egypt | $10M |
| Flowt | pre-seed | Kenya | $0.6M |
| Ventures Platform | seed | Nigeria | $84M |
| Apate.AI | seed | Australia | $8.2M |
| Blockops Network | pre-seed | Nigeria | $0.3M |
| Fusepay | pre-seed | Seychelles | $0.3M |
| Fin.com | seed | United States | $20M |
| Fincart | seed | Egypt | $2.8M |
| Daya | pre-seed | Nigeria | $2.4M |
◆ Recent Wire analysis
- News: Kenya overtakes Ethiopia as East Africa's largest economy in dollar terms, IMF estimates show17 Oct 2026
- CMA CGM Expands Deployment of HappyRobot's AI Voice Solution16 Oct 2026
- CMA CGM and HappyRobot scale up a tailored voice-based AI solution to support CMA ...14 Oct 2026
- AgriFoSe2030 shares lessons on science translation with African ambassadors14 Oct 2026
- Absa taps Kenya's top fintech talent in retail banking overhaul14 Oct 2026
- Mauritius Governor Warns Stablecoins Add Risks to African Payments13 Oct 2026
- Africa must prepare for AI-powered cyber threats at scale13 Oct 2026
- Africa's Ecobank Agrees to Join China's Cross-Border Payments System9 Oct 2026
- In Africa, Digital Payments Could Unlock Tax Revenue if Data is Protected8 Oct 2026
- Mauritius Solves Africa's Cross-Border Payment Friction8 Oct 2026