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Since 2023, Acasia Ventures has backed 6 African startups across 7 disclosed funding rounds totaling $7.5M, most heavily in Egypt and Fintech.
Acasia Ventures is a venture capital firm based in Cairo, Egypt, with offices also listed in Dubai and Lagos. The firm says it was established in 2011 and invests in early-stage tech and tech-enabled startups across the Middle East and Africa. Its Africa activity is concentrated at the Seed stage. Based on the provided investment record, Acasia Ventures has backed startups in Egypt, Senegal, Kenya, and Nigeria, with activity in fintech, HR and talent, AI and analytics, and logistics and supply chain. Recorded portfolio companies include bluworks, Settle, Lengo AI, Menthum, Credable, and Fez. The firm’s published portfolio page confirms Settle as one of its companies, and its website describes Acasia Ventures as part of a broader region-focused investing platform built by the region, for the region.
Data updated · Aug 13, 2026
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Acasia Ventures has backed 6 African startups across 7 disclosed funding rounds tracked on Liners, totaling $7.5M since 2023.
Mostly Seed: 7 of its 7 tracked rounds are at that stage.
Its tracked rounds lean toward Fintech (3), HR & Talent (2), AI & Analytics (1), and 1 more sector.
Acasia Ventures most often shares rounds with Ventures Platform (3 shared deals), A15 (2 shared deals), Launch Africa Ventures (2 shared deals).
The provided record shows Acasia Ventures has backed bluworks, Settle, Lengo AI, Menthum, Credable, and Fez. These companies span HR and talent, fintech, AI and analytics, and logistics and supply chain.