Counder

Climate action is reshaping the global economy. Consumers are shifting towards climate-friendly products. Governments, aiming for net-zero, are shifting policy and committing billions of dollars to climate action. New technologies, processes, and energy sources are being developed, revolutionizing markets and redefining country resource endowments. Carbon markets are flourishing, fostering new business models and sectors, while facilitating large-scale deployment of low-carbon solutions. Africa is inherently well-positioned to tap into new climate-related business opportunitiesIntrinsic Competitiveness: Africa has abundant affordable land, untapped renewable energy potential, and a growing, increasingly skilled workforce, all of which are key cost drivers of climate action. Africa’s soils are also weathered and often acidic, offering significant opportunities for regenerative agriculture. Readily Available Opportunities To Tap Into Carbon Revenues: By prioritizing low-carbon business models, and incorporating carbon revenue, existing African businesses can drive affordability, amplify sustainable practices, and empower local communities, addressing climate change and providing global climate solutions. Potential For And Urgency Around Co-Benefits: Socio-economic challenges drive significant potential for co- benefits in Africa. Many actors with the capability, experience, and (community) connections to realise co-benefits have the opportunity to transform their business model to reduce dependency on philanthropic funding. ACV identifies opportunities to develop climate-smart businesses on the African continent following three key modelsTechnology Transfer to Africa: Identify leading global businesses with exciting carbon technologies, then bring them to Africa. Leverage our deep knowledge of Africa to develop appropriate entry strategies for applicable technologies, and build effective teams to launch businesses across the continent. Scaling Out Successes Across Africa: Identify home-grown African climate tech businesses that are gaining traction in the market in which they were developed and help them rapidly accelerate into new markets, leveraging local know-how and relationships, and augmenting typically overstretched management teams. Adding carbon revenues to business model: Identify businesses on the continent with under exploited carbon potential (e.g., electro moto manufacturers who are not monetizing their carbon). Provide skills and capabilties to add carbon revenues to these businesses, increasing profitabilty, adding value, and speeding growth. How We Work Sometimes we develop a concept ourselves and attract the right founder, sometimes we find a founder with a great idea. In all cases, we roll up our sleeves, iterate and improve on concepts, continuously inject capital as key milestones are met, and leverage our networks and expertise to give the business the best chance of success.

We’re Backing Africa’s Most Underserved Founders. Ennovate Ventures is a tech venture factory, investing in ambitious founders who are using their innovations to improve lives, create jobs, and accelerate sustainable development. 30+ Partners in the last 5 years. 1,287 Founders Supported, with over 300 being female founders. $1.1M deployed to founders, with $3.2M follow-on raised. 1.2M Lives Reached and 3,000+ Jobs Created by our startups.

216 Capital is a venture capital firm focusing on early-stage technology companies. We invest across sectors in determined and creative founders building transformational businesses. At 216 Capital Ventures, our DNA is rooted in a passionate belief in the potential of Africa, a relentless drive for innovation, and an unwavering commitment to impact. We are not just investors; we are builders of a better future, one investment at a time. We aspire to support the catalysts of innovation and sustainable development in Africa, creating a thriving ecosystem that empowers African entrepreneurs and harnesses the continent's untapped potential. We are more than just investors; we are partners on a shared journey of growth, impact, and transformation. Our missionEmpower African Visionaries: We believe in the brilliance, resilience, and boundless potential of African founders. We are resolutely Africans, driven by the mission to identify, nurture, and amplify their genius talents. Our commitment is unwavering, and we are dedicated to giving them the support and resources they need to succeed. Fuel Technological Enthusiasm: Technology is the driving force of progress, and we are unapologetic enthusiasts. We embrace the power of technology to drive change and innovation across Africa. We are at the forefront of technological advancements and are committed to fostering a tech-savvy ecosystem that empowers the continent. Foster Development and Impact: Our investments are not just about financial returns; they are about building a brighter future for Africa. We invest because we believe in the immense development potential of the continent. Our focus is on creating real, sustainable impact, driving economic growth, and fostering positive change in the communities we touch. Long-Term Partnerships: We are not transient investors. We are committed to forging long-term partnerships with the startups we support. As true partners, we share in the challenges and triumphs of our portfolio companies. We stand by them as they scale, evolve, and make their mark on the world. Caring and Sharing: Caring is at the heart of our DNA. We deeply care about the founders, their teams, and the communities they serve. We are not just financial backers; we are mentors, advisors, and advocates. We share knowledge, experience, and networks to help our portfolio companies thrive.

As capital becomes a commodity with more early-stage investors flocking to Africa, what will make us stand out will be our networks, relationships, and reputations. What we look forLarge Markets: A clear market opportunity that is massive and growing, captured through a scalable business model. We aim at reaching sustainable impact across a large audience by addressing deep markets, or investing in market-creating innovations. Scalable Economics: Tech-enabled businesses with proven, highly leverageable and defensible revenues, coupled with the ability to improve unit economics through cost and capital efficiency are able to achieve top-trend growth more easily than less efficient business structures. We are disciplined in ensuring the unit economics of the business we invest in are sustainable and attractive. Strong Agile Teams: We are looking for founders that combine strategic vision and executional capacity. Strong teams tend to be bound by a cohesive, inclusive, all-hands-on deck culture. We are seeking founders and teams guided by a clear value proposition and differentiated position in the market. Repeatable Growth: Solutions with highly replicable growth models and transferable problem-solution sets can most benefit from our growth investment and market expansion facilitation. As African markets are not uniform, we carefully model and test solution-market fit. How much funding will you get? If you are an African founder of a tech enabled startup that is solving a significant African development challenge please apply here. If you have little or no revenues, we will refer you to our Angel Fund for $10k to $100k funding consideration. If you have meaningful revenues with high growth potential, we may invest $50k-$250k.

Over the last decade we have founded, funded and built Africa's most valuable and impactful technology businesses. We are Africans who live in Africa. We understand the challenges of building here. And, we believe they can be solved by fearless leaders passionate about solving them. We are not just investors. We are operators with decades of experience building and investing in some of Africa's most impactful businesses. We serve entrepreneurial leaders with capital, coaching and a growing community of advisors we call the Future Africa Community. Together we work side by side to build businesses that deliver not only outsized financial returns to investors but a true and lasting impact on the continent.

Aduna Capital is a visionary investment firm dedicated to unlocking the transformative potential of African startups. Our mission Our mission is to empower the next generation of African innovators by providing them with the capital, guidance, and network they need to succeed. We focus on early-stage, tech-enabled startups with the potential to scale and bring about positive change. Our vision At Aduna Capital, we envision a thriving African entrepreneurial ecosystem where innovative startups have the resources they need to scale and impact the global market. We believe in the transformative power of technology and entrepreneurship to drive economic growth and improve lives across the continent. Unlocking the transformative potential of African startups through visionary investmentsInnovation: Championing cutting-edge solutions. Integrity: Upholding transparency and ethical investment practices. Impact: Committing to long-term, sustainable development. Inclusivity: Ensuring diverse representation and equitable opportunities.