About Seedstars Africa Ventures
Seedstars Africa Ventures is a venture capital firm founded in 2012. It is primarily based out of Switzerland. As of Oct 2026, Seedstars Africa Ventures is an active investor, having invested in 5 companies, with 1 new investment in the last 12 months. It primarily invests in Conventional Debt round in Kenya based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to FinTech and Food and Agriculture Tech. Most recently it participated in the $***** Seed round of Kuunda A lot of funds co-invest with Seedstars Africa Ventures, with names like Portugal Gateway Fund sharing a substantial percentage of its portfolio. Seedstars Africa Ventures has team of 37 people including 10 partners.Key Metrics
Seedstars Africa Ventures' List of All Investments
Seedstars Africa Ventures has a portfolio of 5 companies. Their most notable investments are in Beacon Power Services and Shamba Pride.Their portfolio spans across Kenya, France, Mauritius and 1 more locations. They have invested in Enterprise Applications, FinTech, Food and Agriculture Tech and 7 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of all investments by Seedstars Africa Ventures:
1. Kuunda
Provider of an end-to-end lending lifecycle solution. It enables users to design products, build lending platforms, data analytics, credit profiling, product implementation, and product support. Its offering includes real-time transactional liquidity for agents, consumers, and MSMEs as well as a suite of tailored growth financing products.
Key facts about Kuunda
- Founded Year: 2018
- Location: Mauritius
- Stage: Seed
- Total Funding till date: $14.8M
- Employee Count: 51 as on Sep 30, 2026
- Investors: Magic Fund, E4EAfrica and 12 Others
- Latest Funding Round: Seed, Oct 14, 2026, $*****
- Highlight: Editors' Pick
Poa International is an internet service provider which caters to residential customers in the rural and underserved areas of Kenya. It offers wireless broadband internet access with data speeds up to 10 Mbps, multiple speed based internet plans, WiFi hotspots, managed WiFi, installation, and support services.
Key facts about poa! internet
- Founded Year: 2015
- Location: Nairobi (Kenya)
- Stage: Series C
- Total Funding till date: $36M
- Employee Count: 371 as on Aug 31, 2026
- Investors: USTDA, Novastar Ventures and 6 Others
- Latest Funding Round: Venture Debt, Aug 27, 2025, $*****
Provider of solutions for utility network and energy consumption management. The company offers systems for customer and asset data management, survey and installation management, and new service connections. It provides a grid network management solution to optimize operations and increase profitability. The company also offers an application to monitor energy consumption, make payments, and switch to solar power.
Key facts about Beacon Power Services
- Founded Year: 2010
- Location: Lagos (Nigeria)
- Stage: Series A
- Total Funding till date: $12.9M
- Employee Count: 250 as on Sep 30, 2026
- Investors: Proparco, Factor[e] Ventures and 13 Others
- Latest Funding Round: Series A, Sep 2024, $*****
- Highlight: Editors' Pick
4. Shamba Pride
Online marketplace connecting farmers and agricultural product dealers. It is a social enterprise that provides a one-stop online-to-offline. The platform that connects village-level farmers to agri-business information, quality inputs, and credible agriculture services in their local communities to ensure a sustainable increase in farm production.
Key facts about Shamba Pride
- Founded Year: 2016
- Location: Nairobi (Kenya)
- Stage: Series A
- Total Funding till date: $2.8M
- Employee Count: 37 as on Mar 31, 2026
- Investors: Gray Matters Capital, European Development Finance Institutions and 3 Others
- Latest Funding Round: Series A, Jan 22, 2024, $*****
5. Bizao
Operator of an online platform providing access to digital games. The platform offers a range of interactive and modern game options. It focuses on providing a user-friendly interface and responsive game performance. The platform aims to deliver an engaging digital entertainment experience.
Key facts about Bizao
- Founded Year: 2001
- Location: Chatillon (France)
- Stage: Series A
- Total Funding till date: $8.2M
- Employee Count: 34 as on Sep 30, 2026
- Investors: Adelie, Clipperton and 3 Others
- Latest Funding Round: Series A, Jul 21, 2022, $*****
- Highlight: Editors' Pick
Seedstars Africa Ventures' Year-on-Year Investment Trends
Seedstars Africa Ventures has invested in 5 companies over the last 5 years, with an average of 1 new investment annually in the last 5 years. In 2025, it made 1 investment, while as of Oct 2026, it has made 1 investment in this year. Its most recent first time investment was in Kuunda and most recent follow-on round was in Kuunda.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 1 | 1 |
2025 | 1 | 0 | 1 |
2024 | 0 | 3 | 3 |
2023 | 0 | 0 | 0 |
2022 | 3 | 0 | 3 |
2021 | 1 | 0 | 1 |
Seedstars Africa Ventures' Investments by Stage
Seedstars Africa Ventures has made 3 investments in Seed stage with an average round size of $3.77M, 1 investment in Series A stage with an average round size of $8.2M and 1 investment in Series C stage with an average round size of $28M.Stage of entry | No. of Investments |
|---|---|
Seed | 3 |
Series A | 1 |
Series C | 1 |
Note: We have considered here, only first round of investments
Seedstars Africa Ventures' Investments by Sector
Seedstars Africa Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Energy Tech, Environment Tech and FinTech. Notably, it has invested in 4 Enterprise (B2B) companies, 4 Tech companies, 3 Software companies and at least 2 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 3 |
Consumer | 1 |
Energy Tech | 1 |
Environment Tech | 1 |
FinTech | 1 |
Others | 7 |
Note: We have considered here, only first round of investments
Seedstars Africa Ventures' Investments by Geography
Seedstars Africa Ventures has made most investments in Kenya (2), followed by France where it has made 1 investment.Country | No. of Investments |
|---|---|
Kenya | 2 |
France | 1 |
Mauritius | 1 |
Nigeria | 1 |
Note: We have considered here, only first round of investments
Seedstars Africa Ventures' recent investments
Seedstars Africa Ventures has made 1 investments in 2026 so far - Kuunda.Here are the most recent investments by Seedstars Africa Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 14, 2026 | Mauritius | Seed | 7797 | [+2] | |
Oct 15, 2025 | Mauritius | Seed | 1950 | ||
Sep 2024 | Nigeria | Series A | 5342 | [+8] | |
Jan 22, 2024 | Kenya | Conventional Debt | 4811 | ||
Jan 22, 2024 | Kenya | Series A | 9798 |
Team profile of Seedstars Africa Ventures
Seedstars Africa Ventures has a team of 37 members including 10 Partners, 3 Venture Partners and 15 Principals located in Brazil, France and 17 more locations. Seedstars Africa Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in Seedstars Africa Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Kenya | - | ||
Partner | Geneva | - | ||
Partner | France | - | ||
Partner | France | - | ||
Partner | Bangkok | - | - | |
Partner | Paris | - | - | |
Partner | New York | - | - | |
Partner | Lagos | - | - | |
Partner | Brasilia | - | - | |
Partner | London | - | - | |
Venture Partner | Cape Town | - | - |
Co-investors of Seedstars Africa Ventures
Over the past 5 years, 34 investors have co-invested in Seedstars Africa Ventures's portfolio companies. This includes only funds.
- Invested before Seedstars Africa Ventures: Accion, FINCA Ventures and 8 others have invested in rounds before Seedstars Africa Ventures. There is 1 company where Accion has invested before Seedstars Africa Ventures and 1 company where FINCA Ventures has invested before Seedstars Africa Ventures.
- Top Co-investors of Seedstars Africa Ventures: 13 investors entered a company along with Seedstars Africa Ventures. These include investors like Portugal Gateway Fund (1 company).
- Invested after Seedstars Africa Ventures: A total of 11 investors have invested in Seedstars Africa Ventures's portfolio after their investments. Top Investors include Finnfund (2 companies), USTDA (1 company) and Partech Partners (1 company).
Recent News related to Seedstars Africa Ventures
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Kuunda Secures $7.5M to Boost Digital Lending in Africa & MENATechMoran•Oct 15, 2025•Kuunda, Portugal Gateway Fund, Seedstars Africa Ventures
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Ampersand Secures Funding to Scale Electric Mobility Across East AfricaTechawkng•Aug 19, 2025•British International Investment, Seedstars Africa Ventures, TotalEnergies, Gaia Impact and 4 others
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Liberty Wealth Management LLC Makes New $1.11 Million Investment in TotalEnergies SE Sponsored ADR (NYSE:TTE)MarketBeat•Aug 04, 2025•TotalEnergies, Gaia Impact, Raspberry, Seedstars Africa Ventures and 4 others
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Seedstars Africa Ventures marks first close of inaugural fund at halfway markVCCircle•Dec 09, 2024•Seedstars Africa Ventures
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Seedstars Africa announces $42m raise backed by AfDB and EIBTechnext•Dec 06, 2024•Seedstars Africa Ventures, African Development Bank Group, European Investment Bank
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Beacon Power Services, a Nigerian energy tech company , secured Series A fundingTechgist Africa•Nov 19, 2024•Beacon Power Services, Partech Partners, Finnfund, Gaia Impact and 7 others
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Beacon Power gets Series A funding from Partech to expand into Eastern and Northern AfricaTechpoint.Africa•Nov 06, 2024•Beacon Power Services, Partech Partners, Finnfund, Gaia Impact and 10 others
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EIB Global invest $30 million in Seedstars Africa Ventures to support African startupsMy Startup World•Feb 08, 2024•Seedstars Africa Ventures, European Investment Bank, Seedstars
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Shamba Pride Gains $3.7 Million Investment to Transform Agricultural Distribution in KenyaTech In Africa•Jan 23, 2024•Shamba Pride, AgriFI, Seedstars Africa Ventures, Gray Matters Capital and 5 others
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Seedstars Africa Ventures strengthens in the capital of the Kenyan Shamba agricultural start-up ShambaEcofin Agency•Jan 22, 2024•Seedstars Africa Ventures, European Investment Bank
