# Ascent Capital Africa Ltd: portfolio, investments and team

> Ascent Capital Africa Ltd is a vc firm based in Ethiopia. 3 investments on record, 1 in the last 12 months, latest Jun 2026.

Source: https://millionrounds.com/fund/ascent (Millionrounds; every figure on the page links to its filing or article)

Ethiopia · [Investor](https://millionrounds.com/investors)

# Ascent Capital Africa Ltd

Last cheque observed Jun 2026; 3 cheques on record.

Email

VC firm Deploying now New fund $273M, Jun 2026 Website unconfirmed

Seed Series A Enterprise

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Deploying now

**100%** of best year **1** **cheques in 12 months**, 3 on record

Since the last cheque **149** days **00** hrs **00** min **00** sec

Median round **$8.0M** Rounds led **0 of 3**

Pitch Ascent Capital Africa Ltd

## Ascent Capital Africa Ltd highlights

- 01 1 cheques in the last 12 months
- 02 Mostly Seed and Series A: 100% of its rounds

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Seed Series A
- **Sectors:** Enterprise
- **Based in:** Addis Ababa, Ethiopia
- **Cold pitches:** Not stated

A website was listed for this organisation, but we could not confirm it belongs to the firm that wrote these cheques. Either the site never mentions them, or it turned out to be a different company sharing the name. We show neither it nor anything read from it. [Tell us the right one](https://millionrounds.com/corrections?slug=ascent).

## The record

Every round we can evidence, newest first **3 appearances**

- **2026** 1 round
- **Jun** **[Orbital](https://millionrounds.com/company/orbital)** Seed · US · TechCrunch **$5.0M** With 14 others
- **2018** 1 round
- **Jan** **[Connected2Fiber](https://millionrounds.com/company/connected2fiber)** Series A · US · FinSMEs **$8.0M** With 3 others
- **2017** 1 round
- **May** **[Sidecar](https://millionrounds.com/company/sidecar)** US · FinSMEs **$11M** With 2 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **4 named**

DS **Dave Sherwin** Executive Officer i Filing they signed

JE **Joseph Erigo** Chief Operating Officer of the General Partner i Filing they signed

PV **Paolo Villasenor** Executive Officer i Filing they signed

VM **Vincent Merry** Executive Officer i Filing they signed

We also hold **2** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**5+** funds on file numbered funds in its name

New fund on file

**$273M**

raised in Jun 2026

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Seed Series A

Median round joined **$8.0M** the round, not its cheque

Led 0 of 3 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Jun 2026

Rounds by stage said on their site

- Seed said *1*
- Series A said *1*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [Osage Venture Partners](https://millionrounds.com/fund/osage-venture-partners) 2

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## Who they invest alongside

The investors most often in the same rounds as Ascent Capital Africa Ltd. A count of rooms they were both in, not a relationship either has claimed.

[**Osage Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/osage-venture-partners)

## Recently backed

The latest companies Ascent Capital Africa Ltd put money into.

[**Orbital** $5.0M · Jun 2026](https://millionrounds.com/company/orbital)[**Sidecar** $11M · May 2017](https://millionrounds.com/company/sidecar)

## Quick answers about Ascent Capital Africa Ltd

### What does Ascent Capital Africa Ltd invest in?

Ascent Capital Africa Ltd invests most often at Seed and Series A (100% of the rounds on record), in sectors such as Enterprise.

### How active is Ascent Capital Africa Ltd?

3 investments on record, 1 of them in the last 12 months. The most recent was in Jun 2026.

### What has Ascent Capital Africa Ltd invested in recently?

Its most recent investments on record: Orbital (Seed, Jun 2026), Connected2Fiber (Series A, Jan 2018) and Sidecar (Undisclosed round, May 2017).

### How big are Ascent Capital Africa Ltd's cheques?

The median round it joins is $8.0M.

### Is Ascent Capital Africa Ltd investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

### Who does Ascent Capital Africa Ltd invest alongside?

Most often Osage Venture Partners (2 rounds together).

### What kind of investor is Ascent Capital Africa Ltd?

Ascent Capital Africa Ltd is a VC firm based in Addis Ababa, Ethiopia.

### Has Ascent Capital Africa Ltd raised a new fund?

Its latest fund filing with the SEC was in Jun 2026, reporting $273M raised.

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