The Venture Codex Logo

The Venture Codex

Seedstars Africa Ventures

Av. Cardinal-Mermillod 36, Carouge, GE, 1227, Switzerland

Overview

Early-stage venture capital fund investing in Sub-Saharan Africa.

Founded

2012

Deals · 12mo

1

Links

WebsiteLinkedIn

Stage focus

Debt
Seed
Series A

Geographic focus

Kenya
Mauritius
Nigeria

Sector focus

—

Investment portfolio

4rounds
NAMEDATESIZE
Kuunda
Oct 2025Participated
$8 MSeries A
Shamba Pride
Jan 2024Led
$4 MDebt
Beacon Power Services
Aug 2022Led
$3 MSeed
Shamba Pride
Dec 2021Led
$1 MOther Equity
Kuunda
Oct 2025Participated
$8 MSeries A
Shamba Pride
Jan 2024Led
$4 MDebt
Beacon Power Services
Aug 2022Led
$3 MSeed
Shamba Pride
Dec 2021Led
$1 MOther Equity
4
Items
Browse all public portfolio deals

Insights

Time horizon

View by

Deal Distribution

Seedstars Africa Ventures: 4 funding rounds are recorded in the selected participation categories.All available history.
Seedstars Africa Ventures: 4 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed10
Series A01
Other Equity10
Debt10

Monthly Deal Activity

Seedstars Africa Ventures: 4 deals are recorded across 59 months.All available history.
Seedstars Africa Ventures: 4 deals are recorded across 59 months. All available history
MonthDeals
Dec '211
Jan '220
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '221
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '241
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '251
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Seedstars Africa Ventures: Education & Workforce is the largest displayed sector by deal count (2 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Seedstars Africa Ventures: Education & Workforce is the largest displayed sector by deal count (2 deals). All available history
SectorDeals
Education & Workforce2
Food & Agriculture2
Social & Community Platforms2
Fintech1
Clean Energy & Sustainability1

Deal Size Distribution

Seedstars Africa Ventures: 4 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Seedstars Africa Ventures: 4 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M3
$5M-$10M1
$10M-$25M0
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Seedstars Africa Ventures: Kenya has the largest recorded deal count among the displayed regions (2 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

Seedstars Africa Ventures: Kenya has the largest recorded deal count among the displayed regions (2 deals). All available history
RegionDeals
Kenya2
Nigeria1
Mauritius1
Seedstars Africa Ventures: 11 co-investors are shown, with 4Di Capital sharing 1 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Seedstars Africa Ventures: 11 co-investors are shown, with 4Di Capital sharing 1 recorded deals. All available history
Co-investorShared deals
4Di Capital1
Accion Venture Lab1
E4E Africa1
EDFI AgriFI1
Factor[e]1
Gray Matters Capital1
Kepple Africa Ventures1
Nedbank1
Oridun Capital Management1
Persistent Energy Capital1
Portugal Gateway Fund1

Investment Strategy

Seedstars Africa Ventures: Led accounts for 75% and participating for 25% of round participation.All available history.
Seedstars Africa Ventures: Led accounts for 75% and participating for 25% of round participation. All available history
CategoryDeals (count)Share (%)
Led375%
Participating125%
Seedstars Africa Ventures: Single-lead accounts for 33% and co-led for 67% of lead dynamics.All available history.
Seedstars Africa Ventures: Single-lead accounts for 33% and co-led for 67% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead133%
Co-led267%

Team

Bruce Nsereko-Lule