Investor Lists

Series B investors in Africa

Updated 7 November 2026

Firms we have watched take part in a Series B round raised by a company in Africa in the last two years, wherever the firm is based.

69investors on the listNo change this week
1,898cheques in 12 months-25% against the market
$24Mmedian round they joined+194% against the market median
81%wrote a cheque in 12 months
61%have led a round

The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

  1. 1Y CombinatorDeploying nowAccelerator · United States6,412$3Mmedian roundOct 2026last seen
  2. 2TechstarsDeploying nowVC firm · United States2,989$1.2Mmedian roundNov 2026last seen
  3. 3500 GlobalDeploying nowAngel · United States2,140$3.6Mmedian roundOct 2026last seen
  4. 4Goodwater CapitalDeploying nowVC firm · United States526$4.1Mmedian roundSept 2026last seen
  5. 5Partech VenturesDeploying nowVC firm · France444$15Mmedian roundOct 2026last seen
  6. 6SpeedinvestDeploying nowVC firm · Austria345$6.7Mmedian roundNov 2026last seen
  7. 7Endeavor CatalystDeploying nowCorporate VC · United States318$30Mmedian roundOct 2026last seen
  8. 8QED InvestorsDeploying nowVC firm · United States314$29Mmedian roundOct 2026last seen
  9. 9International Finance CorporationDeploying nowGovernment · United States283$39Mmedian roundOct 2026last seen
  10. 10Ribbit CapitalDeploying nowVC firm · United States205$60Mmedian roundOct 2026last seen
  11. 11Drive CapitalDeploying nowVC firm · United States190$8.4Mmedian roundOct 2026last seen
  12. 12Breakthrough EnergyDeploying nowVC firm · United States150$28Mmedian roundOct 2026last seen
  13. 13Village CapitalDeploying nowAccelerator · United States129$2.3Mmedian roundJul 2026last seen
  14. 14Firstminute CapitalDeploying nowVC firm · United Kingdom123$6.4Mmedian roundOct 2026last seen
  15. 15EndeavorDeploying nowCorporate VC · United States106$25Mmedian roundSept 2026last seen
  16. 16Chevron Technology VenturesDeploying nowCorporate VC · United States104$17Mmedian roundSept 2026last seen
  17. 17Left Lane CapitalDeploying nowVC firm · United States102$25Mmedian roundOct 2026last seen
  18. 18European Bank for Reconstruction and DevelopmentDeploying nowPrivate equity · United Kingdom91$35Mmedian roundNov 2026last seen
  19. 19Palm Drive CapitalDeploying nowVC firm · United States89$8Mmedian roundOct 2026last seen
  20. 20Highland EuropeDeploying nowVC firm · United Kingdom88$53Mmedian roundNov 2026last seen
  21. 21Quona CapitalDeploying nowVC firm · United States80$16Mmedian roundNov 2026last seen
  22. 22Flourish VenturesDeploying nowVC firm79$10Mmedian roundNov 2026last seen
  23. 23Accion Venture LabDeploying nowVC firm · United States71$7Mmedian roundOct 2026last seen
  24. 24Breyer CapitalDeploying nowPrivate equity · United States69$24Mmedian roundOct 2026last seen
  25. 25FMODeploying nowGovernment · Netherlands66$20Mmedian roundOct 2026last seen
44 more on this list

All 69 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

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Quick answers about series B investors in Africa

Who are the most active series B investors in Africa?

By cheques observed, the most active are Y Combinator, Techstars, 500 Global, Goodwater Capital and Partech Ventures.

How many series B investors in Africa are there?

69 are on record. 81% made an investment in the last 12 months and 61% have led a round.

Which stages do series B investors in Africa back?

Of the rounds with a named stage in the last 12 months, mostly Series A (23%) and Pre-seed (23%).

How big are the rounds series B investors in Africa join?

The typical (median) round among the leading investors here is $16M.

Which sectors do series B investors in Africa back most?

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

Which series B investors in Africa lead the most rounds?

QED Investors (31 led), Ribbit Capital (29 led) and Partech Ventures (18 led).

Where are series B investors in Africa based?

Among the most active, most are based in the United States (18), the United Kingdom (3) and France (1).

What have series B investors in Africa invested in recently?

Recent rounds include Pliant (Series C, Nov 2026, with Speedinvest), Enza (Seed, Nov 2026, with 4DX Ventures) and Lazarus AI (Nov 2026, with Techstars).

Built from the rounds we watched, refreshed every night. How we count · Report a correction