216 Capital is a venture capital firm founded in Tunis by a team of entrepreneurs and investors. The firm focuses on early-stage technology companies, investing across sectors in determined and creative founders building transformational businesses. It aspires to support catalysts of innovation and sustainable development in Africa. 216 Capital has been active in seed-stage investments, particularly in Tunisia. Its portfolio includes companies in productivity and workspace, such as Cynoia, which provides projects, chat, calls, and AI for African teams, and agri tech, like Beekeeper, which monitors beehive health and detects theft from phones. The firm participated in three seed rounds totaling $1.8M from November 2022 to December 2023, co-investing with UGFS, Bpifrance, and Ibrahim Al-Rashid. 216 Capital also runs a venture accelerator program in partnership with Plug and Play, targeting pre-seed tech companies with at least 50% headcount in Tunisia. The six-month program offers €50,000 in initial funding, mentorship, investor meetings, and access to global networks to prepare startups for scaling.
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