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/Investors/Canaan

Canaan

3 investmentsΒ·3 products on Liners
Canaan is an early-stage venture capital firm that invests in visionaries with transformative ideas. The firm focuses on seed-stage opportunities in the fintech sector, particularly in Africa. Canaan has participated in three seed funding rounds between September 2021 and September 2022, deploying a total of $14.0 million. Its investments include EMTECH in Ghana, a SaaS infrastructure provider for regulatory sandboxes and digital cash; Earnipay in Nigeria, offering secure and compliant e-invoicing for businesses; and Shara in Nigeria, providing collateral-free SME loans up to ₦10M. The firm demonstrates a clear geographic preference for Nigeria and Ghana. Canaan frequently co-invests with regional players such as Musha Ventures, Consonance Investment Managers, and Ventures Platform, supporting the growth of African fintech startups.

Total Invested

$14M

Active Since

Sep 2021

Latest Investment

Sep 2022

Top Stage

Seed

Canaan Investment Regions

πŸ‡³πŸ‡¬ Nigeria (2)πŸ‡¬πŸ‡­ Ghana (1)

Canaan Investment Sectors

Fintech (3)

Canaan Investment Timeline

Favicon of EMTECHEMTECHSeed$4MSep 2022
withConsonance Investment ManagersNoemis Ventures500 GlobalLoftyInc CapitalXFactor Ventures+1 more
Favicon of EarnipayEarnipaySeed$4MFeb 2022
withMusha VenturesXYZ Venture CapitalVoltron CapitalShola AkinladeGlobal Village+1 more
Favicon of SharaSharaSeed$6MSep 2021
withEnza CapitalMusha VenturesFuture AfricaTimon CapitalChandaria Capital+4 more

Products Backed by Canaan

Favicon of EMTECH
EMTECHπŸ‡¬πŸ‡­
SaaS infrastructure for regulatory sandboxes and digital cash
Fintech
Favicon of Earnipay
EarnipayπŸ‡³πŸ‡¬
Secure, compliant e-invoicing for Nigerian businesses
Fintech
Favicon of Shara
SharaπŸ‡³πŸ‡¬
Collateral-free SME loans up to ₦10M in Nigeria
Fintech

Investors Similar to Canaan

Musha Ventures (2)Consonance Investment Managers (1)Noemis Ventures (1)500 Global (1)LoftyInc Capital (1)XFactor Ventures (1)Octerra Capital (1)XYZ Venture Capital (1)

FAQs About Canaan

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