# Hardware & Electronics investors in Africa (2026 list)

> 35 hardware & Electronics investors in Africa, 86% active in the last 12 months. Led by Y Combinator, Plug and Play, SV Angel. Ranked by what they funded.

Source: https://millionrounds.com/lists/hardware-investors-in-africa (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Hardware & Electronics investors in Africa

Updated 7 November 2026

Firms observed backing a hardware & Electronics company in Africa in the last two years, wherever the firm is based.

[See all 35 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fhardware-investors-in-africa)The top 25

**35** investors on the list No change this week

**1,974** cheques in 12 months *-11%* against the market

**$9M** median round they joined *+13%* against the market median

**86%** wrote a cheque in 12 months

**54%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (24)

- 1 [Y Combinator](https://millionrounds.com/fund/y-combinator) *Deploying now* Accelerator · United States **6,412** **$3M** median round **Oct 2026** last seen
- 2 [Plug and Play](https://millionrounds.com/fund/plug-and-play) *Deploying now* Accelerator · United States **1,561** **$5M** median round **Nov 2026** last seen
- 3 [SV Angel](https://millionrounds.com/fund/sv-angel) *Deploying now* VC firm · United States **1,349** **$18M** median round **Oct 2026** last seen
- 4 [Google for Startups](https://millionrounds.com/fund/google-for-startups) *Deploying now* Accelerator · United States **811** **$1.4M** median round **Sept 2026** last seen
- 5 [Antler](https://millionrounds.com/fund/antler) *Deploying now* VC firm · United Kingdom **729** **$1M** median round **Nov 2026** last seen
- 6 [8VC](https://millionrounds.com/fund/8vc) *Deploying now* VC firm · United States **497** **$23M** median round **Oct 2026** last seen
- 7 [Lux Capital](https://millionrounds.com/fund/lux-capital) *Deploying now* VC firm · United States **445** **$30M** median round **Nov 2026** last seen
- 8 [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) *Deploying now* VC firm · United States **398** **$40M** median round **Nov 2026** last seen
- 9 [Floodgate](https://millionrounds.com/fund/floodgate) *Deploying now* VC firm · United States **328** **$9.8M** median round **Sept 2026** last seen
- 10 [Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners) *Deploying now* VC firm · United States **261** **$50M** median round **Nov 2026** last seen
- 11 [Initialized Capital](https://millionrounds.com/fund/initialized-capital) *Deploying now* VC firm · United States **229** **$6.9M** median round **Oct 2026** last seen
- 12 [Google](https://millionrounds.com/fund/google-assistant-investments) *Deploying now* Accelerator · United States **154** **$40M** median round **Nov 2026** last seen
- 13 [Shrug Capital](https://millionrounds.com/fund/shrug-capital) *Deploying now* VC firm · United States **68** **$8M** median round **May 2026** last seen
- 14 [Kevin Hartz](https://millionrounds.com/fund/a-star-co) *Deploying now* VC firm · United States **65** **$9M** median round **Oct 2026** last seen
- 15 [Gates Foundation](https://millionrounds.com/fund/bill-and-melinda-gates-foundation) *Deploying now* Institutional LP · United States **60** **$21M** median round **Oct 2026** last seen
- 16 [Evolution VC Partners](https://millionrounds.com/fund/evolution-vc-partners) *Deploying now* VC firm · United States **43** **$4.1M** median round **Sept 2026** last seen
- 17 [Leblon Capital](https://millionrounds.com/fund/leblon-capital) *Deploying now* VC firm · Germany **27** **$9.8M** median round **Sept 2026** last seen
- 18 [E3 Capital](https://millionrounds.com/fund/e3-capital) *Deploying now* VC firm · Kenya **10** **$7M** median round **Feb 2026** last seen
- 19 [Silent Ventures](https://millionrounds.com/fund/silent-ventures) *Deploying now* VC firm · United States **7** **$50M** median round **Oct 2026** last seen
- 20 [Fireball Capital](https://millionrounds.com/fund/fireball-capital) *Deploying now* Fund of funds · South Africa **4** **$9.6M** median round **Nov 2025** last seen
- 21 [Invest International](https://millionrounds.com/fund/invest-international) *Deploying now* Investment firm · Netherlands **4** **$1.8M** median round **Oct 2026** last seen
- 22 [Satgana](https://millionrounds.com/fund/satgana) *Deploying now* VC firm · Luxembourg **4** **$5.8M** median round **Nov 2025** last seen
- 23 [Micky Malka](https://millionrounds.com/fund/micky-malka) *Deploying now* Angel **4** **$15M** median round **Jan 2026** last seen
- 24 [Nova Global](https://millionrounds.com/fund/nova-global) *Deploying now* VC firm **3** **$18M** median round **Aug 2026** last seen
- 25 [Helios Digital Ventures](https://millionrounds.com/fund/helios-digital-ventures) quiet VC firm **2** **$24M** median round **Oct 2025** last seen

**10 more on this list**

All 35 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fhardware-investors-in-africa)

## The Newest Cheques

Rounds this list's investors joined most recently

- **5** Nov **[Zipline](https://millionrounds.com/company/zipline)** Growth · $1.5B *With* [Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners)
- **4** Nov **[Lazarus AI](https://millionrounds.com/company/lazarus-ai)** $43M *With* [Plug and Play](https://millionrounds.com/fund/plug-and-play)
- **3** Nov **[Agrani Labs](https://millionrounds.com/company/agrani-labs)** $108M *With* [Google](https://millionrounds.com/fund/google-assistant-investments)
- **3** Nov **[Carryt](https://millionrounds.com/company/carryt)** Round *With* [Plug and Play](https://millionrounds.com/fund/plug-and-play)
- **3** Nov **[Traversal](https://millionrounds.com/company/traversal)** Series B · $120M *Led by* [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins)
- **3** Nov **[Applied Compute](https://millionrounds.com/company/applied-compute)** Other · $350M *With* [Lux Capital](https://millionrounds.com/fund/lux-capital)

## Stages This Year

1,788 rounds

- Venture **23%**
- Seed **19%**
- Pre-seed **19%**
- Series A **15%**
- Series B **6%**
- Other **18%**

## What They Backed

Sectors, last 12 months

- AI **941**
- Big Data & Analytics **118**
- Fintech **106**
- Healthcare **87**
- Biotech **63**
- Aerospace & Space **60**

## Cheques by Quarter

Led Joined

568 Q1 25

594 Q2 25

615 Q3 25

658 Q4 25

599 Q1 26

583 Q2 26

395 Q3 26

95 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [AI investors in North America 3,859](https://millionrounds.com/lists/ai-investors-in-north-america)
- [AI investors in Europe 2,283](https://millionrounds.com/lists/ai-investors-in-europe)
- [Fintech investors in North America 1,309](https://millionrounds.com/lists/fintech-investors-in-north-america)
- [Big Data & Analytics investors in North America 1,094](https://millionrounds.com/lists/big-data-investors-in-north-america)
- [AI investors in Asia 1,047](https://millionrounds.com/lists/ai-investors-in-asia)
- [Biotech investors in North America 1,001](https://millionrounds.com/lists/biotech-investors-in-north-america)
- [Energy investors in North America 864](https://millionrounds.com/lists/energy-investors-in-north-america)
- [Robotics investors in North America 848](https://millionrounds.com/lists/robotics-investors-in-north-america)
- [Construction investors in North America 791](https://millionrounds.com/lists/construction-investors-in-north-america)

[All investor lists *→*](https://millionrounds.com/lists)

## Reading for founders in hardware and deep tech

- The One Device: The Secret History of the iPhone Brian Merchant · 2017 3.89 from 1,949 ratings on Goodreads Hardware and deep tech About the book We know the iPhone as the device that transformed our world, changing everything from how we talk to each other and do business, to how we exercise, travel, shop, and watch TV. But packed within its slim profile is the fascinating, untold story of scientific, technological, and… On AmazonListen on Audible
- The British Industrial Revolution in Global Perspective Robert C. Allen · 2009 3.99 from 277 ratings on Goodreads Hardware and deep tech About the book Why did the industrial revolution take place in eighteenth-century Britain and not elsewhere in Europe or Asia? In this convincing new account Robert Allen argues that the British industrial revolution was a successful response to the global economy of the seventeenth and… On AmazonListen on Audible
- Made in the USA: The Rise and Retreat of American Manufacturing Vaclav Smil · 2013 3.77 from 518 ratings on Goodreads Hardware and deep tech About the book In Made in the USA, Vaclav Smil powerfully rebuts the notion that manufacturing is a relic of predigital history and that the loss of American manufacturing is a desirable evolutionary step toward a pure service economy. Smil argues that no advanced economy can prosper without… On AmazonListen on Audible
- Behemoth: A History of the Factory and the Making of the Modern World Joshua B. Freeman · 2018 3.83 from 864 ratings on Goodreads Hardware and deep tech About the book "Freeman’s rich and ambitious Behemoth depicts a world in retreat that still looms large in the national imagination.…More than an economic history, or a chronicle of architectural feats and labor movements." ―Jennifer Szalai, New York Times In an accessible and timely work of… On AmazonListen on Audible

More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&model=hardware).

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about hardware & Electronics investors in Africa

### Who are the most active hardware & Electronics investors in Africa?

By cheques observed, the most active are Y Combinator, Plug and Play, SV Angel, Google for Startups and Antler.

### How many hardware & Electronics investors in Africa are there?

35 are on record. 86% made an investment in the last 12 months and 54% have led a round.

### Which stages do hardware & Electronics investors in Africa back?

Of the rounds with a named stage in the last 12 months, mostly Seed (26%) and Pre-seed (26%).

### How big are the rounds hardware & Electronics investors in Africa join?

The typical (median) round among the leading investors here is $9.8M.

### Which sectors do hardware & Electronics investors in Africa back most?

In the last 12 months, mostly AI, Big Data & Analytics and Fintech.

### Which hardware & Electronics investors in Africa lead the most rounds?

Kleiner Perkins (33 led), 8VC (26 led) and Valor Equity Partners (21 led).

### Where are hardware & Electronics investors in Africa based?

Among the most active, most are based in the United States (16), the United Kingdom (1) and Germany (1).

### What have hardware & Electronics investors in Africa invested in recently?

Recent rounds include Zipline (Growth, Nov 2026, with Valor Equity Partners), Lazarus AI (Nov 2026, with Plug and Play) and Agrani Labs (Nov 2026, with Google).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)