Renew Capital operates across East Africa and the Horn and is one of the few Africa-focused VCs with significant Ethiopia exposure. Average check of $228K at Seed to Series A. They respond to direct applications and also source through their East African partner network.
Apply or learn more →Seed-to-Series A investor backing African consumer and mobility businesses with checks averaging $228K.
Renew Capital invests in seed through Series A companies in e-commerce, healthtech, and mobility across East Africa and the Horn, including Ethiopia, Kenya, Uganda, and Rwanda. They write checks between $50K and $300K with an average of $228K — making them a key source of early institutional capital for the region.
Their portfolio includes Roam Electric (electric motorcycles), Wazi (healthcare), Badili (refurbished phones), and Xente (payments). They explicitly seek companies with traction evidence rather than ideas.
