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AfricInvest

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Investments

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 70
Average round size
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The average size of a deal this fund participated in
$9M
Portfolio companies 66
Rounds per year 2.33
Lead investments 35
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.04
Exits 3
Key employees 6

Areas of investment

  • Financial Services
  • Manufacturing
  • FinTech
  • Insurance
  • Finance
Summary

AfricInvest is the famous VC, which was founded in 1994. The fund was located in Africa if to be more exact in Tunisia. The leading representative office of defined VC is situated in the Tunis.

The usual cause for the fund is to invest in rounds with 1-2 partakers. Despite the AfricInvest, startups are often financed by Cauris Management, Satya Capital, PCM Capital Partners. The meaningful sponsors for the fund in investment in the same round are Swedfund International, Norfund, Mediterrania Capital Partners. In the next rounds fund is usually obtained by Development Partners International, Thawer Capital Management (UK), TLG Capital.

Among the various public portfolio startups of the fund, we may underline iSON Xperiences, Britam, IP-TECH For fund there is a match between the country of its foundation and the country of its the most frequent investments - Tunisia. The fund has exact preference in some founders of portfolio startups. Among the most successful fund investment fields, there are Packaging Services, Industrial. Besides, a startup needs to be aged more than 20 years to get the investment from the fund.

Besides them, we counted 6 critical employees of this fund in our database.

The important activity for fund was in 2017. Despite it in 2019 the fund had an activity. The fund is generally included in 2-6 deals every year. The common things for fund are deals in the range of 10 - 50 millions dollars. The average startup value when the investment from AfricInvest is 10-50 millions dollars. The real fund results show that this VC is 60 percentage points more often commits exit comparing to other companies. Opposing the other organizations, this AfricInvest works on 21 percentage points less the average amount of lead investments. The higher amount of exits for fund were in 2011.

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Related Funds

Funds investing in previous rounds
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Typical Co-investors
AfricInvest is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after AfricInvest:
There are no funds here. If we find new data, we will add it here.

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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Moove

Automotive
Finance
Financial Services
FinTech
$100M19 Mar 2024 Amsterdam, Noord-Holland, The Netherlands

Turaco

Financial Services
FinTech
Insurance
Internet
$10M31 Aug 2022 Kenya, Kenya

ArabyAds

Advertising
Marketing
Mobile Advertising
$30M23 Aug 2022 Cairo, Cairo Governorate, Egypt

Bizao

FinTech
Information Technology
$9M21 Jul 2022 Paris, Ile-de-France, France

MFS Africa

Financial Services
FinTech
Mobile Payments
Payments
$100M14 Jun 2022 South Africa, Gauteng, South Africa

GoMyCode

EdTech
$8M09 Jun 2022 Tunis, Tunis, Tunisia

Moove Africa

$65M14 Mar 2022 Lagos, Lagos, Nigeria

OZÉ

FinTech
Software
$3M25 Jan 2022 Accra, Ghana

Aerobotics

Agriculture
AgTech
Analytics
Drones
Farming
Machine Learning
Software
$16M11 Dec 2020 South Africa, Gauteng, South Africa

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Total investments 70
Average round size 9M
Rounds per year 2.33
Peak activity year 2022
Lead investments 35
Follow on index 0.04
Exits 3
Group Appearance index 0.30

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Moove

Automotive
Finance
Financial Services
FinTech
$100M19 Mar 2024 Amsterdam, Noord-Holland, The Netherlands

Turaco

Financial Services
FinTech
Insurance
Internet
$10M31 Aug 2022 Kenya, Kenya

ArabyAds

Advertising
Marketing
Mobile Advertising
$30M23 Aug 2022 Cairo, Cairo Governorate, Egypt

Bizao

FinTech
Information Technology
$9M21 Jul 2022 Paris, Ile-de-France, France

MFS Africa

Financial Services
FinTech
Mobile Payments
Payments
$100M14 Jun 2022 South Africa, Gauteng, South Africa

GoMyCode

EdTech
$8M09 Jun 2022 Tunis, Tunis, Tunisia

Moove Africa

$65M14 Mar 2022 Lagos, Lagos, Nigeria

OZÉ

FinTech
Software
$3M25 Jan 2022 Accra, Ghana

Aerobotics

Agriculture
AgTech
Analytics
Drones
Farming
Machine Learning
Software
$16M11 Dec 2020 South Africa, Gauteng, South Africa
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