Investment Partners in Africa at the Start-Up Level
A new initiative is underway to create a comprehensive and inclusive list of early-stage investors in the African market. This list aims to address the information gap about investors in the region and provide value for startups, help find information, and create more opportunities.
Since 2014, investors in African startups have been growing in number and diversity. Venture capital firms and family offices have been investing in sectors such as fintech, climate tech, and deep technology. Notable investor types include UVC Partners, Speedinvest, Apex Ventures, and family offices like CATRON Holding, as well as funds specialized in deep tech and climate initiatives.
Over the last two years, the number of dedicated African funds managed by Africans has increased significantly. Between 2014 and 2019, VC invested $3.9 billion in African startups, with more than $2 billion alone being invested between 2018 and 2019. The list will focus on early-stage VCs doing deals on the continent and their focus verticals.
The list does not currently include global lists of investors, but it will provide a deep understanding of the local market. Submissions for the list can be made through a provided link.
Africa-based funds are also on the rise, with the number of VC deals in the African venture capital landscape topping 613 since 2014. In 2019 alone, 139 VC deals were recorded. As more firms emerge, they are looking for new opportunities in the last frontier market.
African startup founders often need to access certain networks and communicate with their peers to understand which investors are worth talking to. However, finding information about investors looking to back African startups and their focus sectors can be challenging. The new list aims to make this process easier and more transparent.
The goal of the list is to create a robust and inclusive resource for startups and investors alike, fostering growth and innovation on the African continent. More firms are expected to emerge as they look for new opportunities in this promising market. The information shared for the list will be on-the-record, ensuring transparency and credibility.
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