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Since 2022, Alumni Ventures has backed 8 African startups across 8 disclosed funding rounds totaling $103.7M, most heavily in Nigeria and Fintech.
Alumni Ventures is a venture capital firm founded in 2014. Its official site describes it as a venture investing partner, and its headquarters are in Manchester, New Hampshire. In Africa, Alumni Ventures has backed startups across seed through Series B, with activity concentrated in fintech, health tech, logistics and supply chain, legal and compliance, media and entertainment, and AI and analytics. Its recorded investments in the region span Nigeria, Ghana, Senegal, Kenya, and South Africa, including Definely, Klasha, Maad, EMTECH, Rwazi, Carry1st, Remedial Health, and Fido. The firm’s Africa portfolio shows repeated exposure to fintech, with multiple investments in Nigeria and Ghana. It has also participated in rounds led alongside a broad set of co-investors, including Ventures Platform, Clio, Beacon Capital, Revaia, MyAsiaVC, Magic Fund, Breega, Resilience17, Expert Dojo, Practical Venture Capital, Launch Africa Ventures, Seedstars, Voltron Capital, Reflect Ventures, and Oui Capital.
Data updated · Aug 11, 2026
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Alumni Ventures has backed 8 African startups across 8 disclosed funding rounds tracked on Liners, totaling $103.7M since 2022.
Mostly Seed: 5 of its 8 tracked rounds are at that stage, followed by Series B (1).
Its tracked rounds lean toward Fintech (3), Legal and Compliance (1), Logistics & Supply Chain (1), and 3 more sectors.
Alumni Ventures most often shares rounds with Ventures Platform (2 shared deals), Clio (1 shared deal), Beacon Capital (1 shared deal).
The recorded Africa companies include Definely, Klasha, Maad, EMTECH, Rwazi, Carry1st, Remedial Health, and Fido. These span legal and compliance, fintech, logistics and supply chain, AI and analytics, media and entertainment, and health tech.