# Investors in Africa (2026 list)

> 769 investors in Africa, 68% active in the last 12 months. Led by Y Combinator, Techstars, 500 Global. Ranked by what they funded.

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

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

# Investors in Africa

Updated 7 November 2026

Firms observed in a round raised by a company in Africa in the last two years, wherever the firm itself is based. Who writes cheques into the region, not who has an office there.

[See all 769 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-in-africa)The top 25

**769** investors on the list *-4* this week

**8,182** cheques in 12 months *-15%* against the market

**$6.8M** median round they joined *-15%* against the market median

**68%** wrote a cheque in 12 months

**42%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

- 1 [Y Combinator](https://millionrounds.com/fund/y-combinator) *Deploying now* Accelerator · United States **6,412** **$3M** median round **Oct 2026** last seen
- 2 [Techstars](https://millionrounds.com/fund/techstars) *Deploying now* VC firm · United States **2,989** **$1.2M** median round **Nov 2026** last seen
- 3 [500 Global](https://millionrounds.com/fund/500-startups) *Deploying now* Angel · United States **2,140** **$3.6M** median round **Oct 2026** last seen
- 4 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) *Deploying now* VC firm · United States **2,099** **$35M** median round **Nov 2026** last seen
- 5 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) *Deploying now* VC firm · United States **1,661** **$27M** median round **Nov 2026** last seen
- 6 [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) *Deploying now* VC firm · United States **1,598** **$12M** median round **Nov 2026** last seen
- 7 [Plug and Play](https://millionrounds.com/fund/plug-and-play) *Deploying now* Accelerator · United States **1,561** **$5M** median round **Nov 2026** last seen
- 8 [General Catalyst](https://millionrounds.com/fund/general-catalyst) *Deploying now* VC firm · United States **1,387** **$27M** median round **Nov 2026** last seen
- 9 [SV Angel](https://millionrounds.com/fund/sv-angel) *Deploying now* VC firm · United States **1,349** **$18M** median round **Oct 2026** last seen
- 10 [Accel](https://millionrounds.com/fund/accel) *Deploying now* VC firm · United States **1,341** **$32M** median round **Nov 2026** last seen
- 11 [Bpifrance](https://millionrounds.com/fund/bpifrance) *Deploying now* Government · France **1,151** **$4.5M** median round **Oct 2026** last seen
- 12 [Founders Fund](https://millionrounds.com/fund/founders-fund) *Deploying now* VC firm · United States **1,122** **$15M** median round **Oct 2026** last seen
- 13 [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) *Deploying now* VC firm · United States **1,038** **$30M** median round **Nov 2026** last seen
- 14 [Index Ventures](https://millionrounds.com/fund/index-ventures) *Deploying now* VC firm · United Kingdom **1,027** **$31M** median round **Nov 2026** last seen
- 15 [Gaingels](https://millionrounds.com/fund/gaingels) *Deploying now* Private equity · United States **1,010** **$8M** median round **Oct 2026** last seen
- 16 [MassChallenge](https://millionrounds.com/fund/masschallenge) *Deploying now* Accelerator · United States **984** **$1.8M** median round **Sept 2026** last seen
- 17 [SOSV](https://millionrounds.com/fund/sosv) *Deploying now* VC firm · United States **951** **$2.5M** median round **Nov 2026** last seen
- 18 [Kima Ventures](https://millionrounds.com/fund/kima-ventures) *Deploying now* VC firm · France **859** **$4.2M** median round **Nov 2026** last seen
- 19 [FJ Labs](https://millionrounds.com/fund/fj-labs) *Deploying now* VC firm · United States **849** **$11M** median round **Oct 2026** last seen
- 20 [Google for Startups](https://millionrounds.com/fund/google-for-startups) *Deploying now* Accelerator · United States **811** **$1.4M** median round **Sept 2026** last seen
- 21 [First Round Capital](https://millionrounds.com/fund/first-round-capital) *Deploying now* VC firm · United States **807** **$18M** median round **Oct 2026** last seen
- 22 [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) *Deploying now* VC firm · United States **773** **$47M** median round **Nov 2026** last seen
- 23 [Antler](https://millionrounds.com/fund/antler) *Deploying now* VC firm · United Kingdom **729** **$1M** median round **Nov 2026** last seen
- 24 [Crowdcube](https://millionrounds.com/fund/crowdcube) *Deploying now* VC firm · United Kingdom **715** **$615K** median round **Sept 2026** last seen
- 25 [Innovate UK](https://millionrounds.com/fund/innovate-uk) *Deploying now* VC firm · United Kingdom **704** **$1.2M** median round **Oct 2026** last seen

**744 more on this list**

All 769 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%2Finvestors-in-africa)

## The Newest Cheques

Rounds this list's investors joined most recently

- **6** Nov **[Banesco Banco Múltiple](https://millionrounds.com/company/banesco-banco-multiple)** Debt · $25M *Led by* [PROPARCO](https://millionrounds.com/fund/proparco)
- **6** Nov **[Water Ledger Global](https://millionrounds.com/company/water-ledger-global)** Other *With* [Launch Africa](https://millionrounds.com/fund/launch-africa-ventures)
- **6** Nov **[Thinking Machines Lab](https://millionrounds.com/company/thinking-machines-lab)** Other · $5B *Led by* [Accel](https://millionrounds.com/fund/accel)
- **6** Nov **[Harbinger](https://millionrounds.com/company/harbinger)** Series D+ · $240M *Led by* [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management)
- **5** Nov **[T-Therapeutics](https://millionrounds.com/company/t-therapeutics)** Series B · $133M *With* [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi)
- **5** Nov **[Soter Insure](https://millionrounds.com/company/soter-insure)** Series B *With* [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton)

## Stages This Year

5,207 rounds

- Seed **19%**
- Venture **19%**
- Series A **16%**
- Pre-seed **10%**
- Series B **8%**
- Other **28%**

## What They Backed

Sectors, last 12 months

- AI **2,094**
- Fintech **405**
- Biotech **273**
- Healthcare **272**
- Big Data & Analytics **262**
- Energy **231**

## Cheques by Quarter

Led Joined

2,481 Q1 25

2,529 Q2 25

2,591 Q3 25

2,736 Q4 25

2,622 Q1 26

2,166 Q2 26

1,785 Q3 26

566 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [Investors in North America 6,229](https://millionrounds.com/lists/investors-in-north-america)
- [Investors in Europe 4,268](https://millionrounds.com/lists/investors-in-europe)
- [Investors in Asia 2,118](https://millionrounds.com/lists/investors-in-asia)
- [Investors in Latin America 1,072](https://millionrounds.com/lists/investors-in-latam)
- [Investors in Oceania 962](https://millionrounds.com/lists/investors-in-oceania)
- [Investors in the Nordics 838](https://millionrounds.com/lists/investors-in-nordics)
- [Investors in Benelux 744](https://millionrounds.com/lists/investors-in-benelux)
- [Investors in Southeast Asia 516](https://millionrounds.com/lists/investors-in-southeast-asia)
- [Investors in the Middle East 488](https://millionrounds.com/lists/investors-in-middle-east)

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

## Quick answers about investors in Africa

### Who are the most active investors in Africa?

By cheques observed, the most active are Y Combinator, Techstars, 500 Global, Sequoia Capital and Andreessen Horowitz.

### How many investors in Africa are there?

769 are on record. 68% made an investment in the last 12 months and 42% have led a round.

### Which stages do investors in Africa back?

Of the rounds with a named stage in the last 12 months, mostly Seed (27%) and Series A (22%).

### How big are the rounds investors in Africa join?

The typical (median) round among the leading investors here is $8M.

### Which sectors do investors in Africa back most?

In the last 12 months, mostly AI, Fintech and Biotech.

### Which investors in Africa lead the most rounds?

Andreessen Horowitz (114 led), Accel (103 led) and General Catalyst (97 led).

### Where are investors in Africa based?

Among the most active, most are based in the United States (19), the United Kingdom (4) and France (2).

### What have investors in Africa invested in recently?

Recent rounds include Banesco Banco Múltiple (Debt, Nov 2026, with PROPARCO), Water Ledger Global (Other, Nov 2026, with Launch Africa) and Thinking Machines Lab (Other, Nov 2026, with Accel).

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