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Since 2016, Catalyst Fund has backed 24 African startups across 29 disclosed funding rounds totaling $5.5M, most heavily in Nigeria and Agri Tech.
Catalyst Fund is a venture capital fund and venture builder focused on climate adaptation and resilience in Africa. Its official materials describe it as an early-stage investor that partners with founders building technology solutions for climate resilience, and note that it began as a global accelerator managed by BFA Global. Based on the provided investment data, Catalyst Fund has been active in Africa since 2016, with investments concentrated at the seed and pre-seed stages, plus follow-on activity in venture and grant rounds. Its portfolio spans agritech, insurtech, fintech, logistics and supply chain, energy and utilities, health tech, e-commerce and marketplaces, and AI and analytics, with the strongest geographic concentration in Nigeria, Kenya, Tanzania, South Africa, and Ghana. Official materials also highlight climate-smart agritech and food systems, climate insurance, land restoration, cold chain, waste management, clean energy, and water management as core themes.
Data updated · Aug 7, 2026
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Catalyst Fund has backed 24 African startups across 29 disclosed funding rounds tracked on Liners, totaling $5.5M since 2016.
Mostly Seed: 14 of its 29 tracked rounds are at that stage, followed by Other (6).
Its tracked rounds lean toward Agri Tech (8), Insurtech (6), Logistics & Supply Chain (3), and 6 more sectors.
Catalyst Fund most often shares rounds with BFA Global (4 shared deals), Mercy Corps Ventures (1 shared deal), ELEA (1 shared deal).
According to the provided records, Catalyst Fund has backed companies including MazaoHub, Oze, Turaco, Cowrywise, Lami, PayGo Energy, Scrapays, and Farmz2u, among others. Its portfolio spans both venture-backed startups and grant-supported founders.