# Marketplaces investors in Africa (2026 list)

> 44 marketplaces investors in Africa, 55% active in the last 12 months. Led by Techstars, Google for Startups, Endeavor Catalyst. Ranked by what they funded.

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

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

# Marketplaces investors in Africa

Updated 7 November 2026

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

[See all 44 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fmarketplace-investors-in-africa)The top 25

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

**522** cheques in 12 months *-46%* against the market

**$6.8M** median round they joined *-16%* against the market median

**55%** wrote a cheque in 12 months

**57%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (21)

- 1 [Techstars](https://millionrounds.com/fund/techstars) *Deploying now* VC firm · United States **2,989** **$1.2M** median round **Nov 2026** last seen
- 2 [Google for Startups](https://millionrounds.com/fund/google-for-startups) *Deploying now* Accelerator · United States **811** **$1.4M** median round **Sept 2026** last seen
- 3 [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) *Deploying now* Corporate VC · United States **318** **$30M** median round **Oct 2026** last seen
- 4 [Unpopular Ventures](https://millionrounds.com/fund/unpopular-ventures) *Deploying now* VC firm · United States **264** **$3M** median round **Sept 2026** last seen
- 5 [Japan Finance Corporation](https://millionrounds.com/fund/japan-finance-corporation) *Deploying now* Investment firm · Japan **247** **$2M** median round **Oct 2026** last seen
- 6 [Google](https://millionrounds.com/fund/google-assistant-investments) *Deploying now* Accelerator · United States **154** **$40M** median round **Nov 2026** last seen
- 7 [Endeavor](https://millionrounds.com/fund/endeavor) *Deploying now* Corporate VC · United States **106** **$25M** median round **Sept 2026** last seen
- 8 [1984 Ventures](https://millionrounds.com/fund/1984-ventures) *Deploying now* VC firm · United States **75** **$5.5M** median round **Oct 2026** last seen
- 9 [Breyer Capital](https://millionrounds.com/fund/breyer-capital) *Deploying now* Private equity · United States **69** **$24M** median round **Oct 2026** last seen
- 10 [Shoko Chukin Bank](https://millionrounds.com/fund/shoko-chukin-bank) *Deploying now* VC firm · United States **56** **$5.7M** median round **Oct 2026** last seen
- 11 [BECO Capital](https://millionrounds.com/fund/beco-capital) *Deploying now* VC firm · United Arab Emirates **18** **$8M** median round **Sept 2026** last seen
- 12 [Algebra Ventures](https://millionrounds.com/fund/algebra-ventures) *Deploying now* VC firm · Egypt **11** **$7M** median round **Nov 2026** last seen
- 13 [E3 Capital](https://millionrounds.com/fund/e3-capital) *Deploying now* VC firm · Kenya **10** **$7M** median round **Feb 2026** last seen
- 14 [Renew Capital](https://millionrounds.com/fund/renew-capital) quiet VC firm · Ethiopia **10** **$5M** median round **Aug 2025** last seen
- 15 [4DX Ventures](https://millionrounds.com/fund/4dx-ventures) *Deploying now* VC firm · Ghana **8** **$6M** median round **Nov 2026** last seen
- 16 [Beltone Venture Capital](https://millionrounds.com/fund/beltone-venture-capital) *Deploying now* VC firm **7** **$9M** median round **Jul 2026** last seen
- 17 [CRE Venture Capital](https://millionrounds.com/fund/cre-venture-capital) quiet VC firm · United States **6** **$10M** median round **May 2025** last seen
- 18 [Norrsken22](https://millionrounds.com/fund/norrsken22) *Deploying now* Private equity · United States **6** **$8.9M** median round **Sept 2026** last seen
- 19 [Nuwa Capital](https://millionrounds.com/fund/nuwa-capital) *Deploying now* VC firm · United Arab Emirates **6** **$24M** median round **Sept 2026** last seen
- 20 [Raed Ventures](https://millionrounds.com/fund/raed-ventures) *Deploying now* VC firm · Saudi Arabia **6** **$20M** median round **Oct 2026** last seen
- 21 [WITAMAX](https://millionrounds.com/fund/witamax) *Deploying now* VC firm · Morocco **6** **$1.6M** median round **Apr 2026** last seen
- 22 [Yango Ventures](https://millionrounds.com/fund/yango-ventures) *Deploying now* VC firm **4** **$4.2M** median round **Aug 2026** last seen
- 23 [Camel Ventures](https://millionrounds.com/fund/camel-ventures) quiet VC firm · Egypt **3** **$3M** median round **Aug 2025** last seen
- 24 [Maroc Numeric Fund](https://millionrounds.com/fund/maroc-numeric-fund) *Deploying now* VC firm · Morocco **3** **$1.4M** median round **Apr 2026** last seen
- 25 [E2JDJ](https://millionrounds.com/fund/e-squared) quiet VC firm · United States **2** **$4.2M** median round **Mar 2025** last seen

**19 more on this list**

All 44 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%2Fmarketplace-investors-in-africa)

## The Newest Cheques

Rounds this list's investors joined most recently

- **4** Nov **[Enza](https://millionrounds.com/company/enza)** Seed · $6M *Led by* [4DX Ventures](https://millionrounds.com/fund/4dx-ventures)
- **4** Nov **[Lazarus AI](https://millionrounds.com/company/lazarus-ai)** $43M *With* [Techstars](https://millionrounds.com/fund/techstars)
- **3** Nov **[Agrani Labs](https://millionrounds.com/company/agrani-labs)** $108M *With* [Google](https://millionrounds.com/fund/google-assistant-investments)
- **27** Oct **[General Compute](https://millionrounds.com/company/general-compute)** Series A · $100M *With* [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst)
- **24** Oct **[Warhound](https://millionrounds.com/company/warhound)** Seed · $200M *With* [Breyer Capital](https://millionrounds.com/fund/breyer-capital)
- **23** Oct **[Knowledge Work](https://millionrounds.com/company/knowledge-work)** Series C *With* [Shoko Chukin Bank](https://millionrounds.com/fund/shoko-chukin-bank)

## Stages This Year

482 rounds

- Venture **26%**
- Series A **21%**
- Seed **17%**
- Debt **6%**
- Series B **6%**
- Other **24%**

## What They Backed

Sectors, last 12 months

- AI **152**
- Fintech **42**
- IT Services **38**
- Healthcare **25**
- Big Data & Analytics **23**
- Energy **21**

## Cheques by Quarter

Led Joined

265 Q1 25

275 Q2 25

239 Q3 25

182 Q4 25

202 Q1 26

124 Q2 26

130 Q3 26

21 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 marketplace or platform

- The Business of Platforms: Strategy in the Age of Digital Competition, Innovation, and Power – The Essential Economics and Management Guide for Tech Entrepreneurs Michael A. Cusumano · 2019 3.87 from 389 ratings on Goodreads Marketplace or platform About the book A trio of experts on high-tech business strategy and innovation reveal the principles that have made platform businesses the most valuable firms in the world and the first trillion-dollar companies. Managers and entrepreneurs in the digital era must learn to live in two… On AmazonListen on Audible
- Surge: Time the Marketplace, Ride the Wave of Consumer Demand, and Become Your Industry's Big Kahuna Mike Michalowicz · 2016 4.13 from 209 ratings on Goodreads Marketplace or platform About the book To achieve the ultimate in entrepreneurial breakthrough success requires an uncanny ability to spot the next big wave of consumer demand - but how do you do that? For most small business owners, the true cash cows seem to be reserved for lucky people who were in the right place… On AmazonListen on Audible
- Trailblazer: The Power of Business as the Greatest Platform for Change [Marc Benioff](https://millionrounds.com/person/marc-benioff) · 2019 3.81 from 2,358 ratings on Goodreads Marketplace or platform About the book NEW YORK TIMES BESTSELLER • The founder and co-CEO of Salesforce delivers an inspiring vision for successful companies of the future, in which changing the world is everyone’s business.“An urgent and compelling book for anyone in business who yearns to fulfill a higher mission in… On AmazonListen on Audible
- Sams Teach Yourself SQL™ in 10 Minutes Ben Forta · 1999 4.09 from 1,187 ratings on Goodreads Marketplace or platform About the book Sams Teach Yourself SQL in 10 Minutes has established itself as the gold standard for introductory SQL books, offering a fast-paced accessible tutorial to the major themes and techniques involved in applying the SQL language. Forta¿s examples are clear and his writing style is… On AmazonListen on Audible

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

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about marketplaces investors in Africa

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

By cheques observed, the most active are Techstars, Google for Startups, Endeavor Catalyst, Unpopular Ventures and Japan Finance Corporation.

### How many marketplaces investors in Africa are there?

44 are on record. 55% made an investment in the last 12 months and 57% have led a round.

### Which stages do marketplaces investors in Africa back?

Of the rounds with a named stage in the last 12 months, mostly Series A (31%) and Seed (25%).

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

The typical (median) round among the leading investors here is $6M.

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

In the last 12 months, mostly AI, Fintech and IT Services.

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

BECO Capital (5 led), Algebra Ventures (5 led) and E3 Capital (4 led).

### Where are marketplaces investors in Africa based?

Among the most active, most are based in the United States (12), the United Arab Emirates (2) and Egypt (2).

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

Recent rounds include Enza (Seed, Nov 2026, with 4DX Ventures), Lazarus AI (Nov 2026, with Techstars) 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)