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Since 2022, Emurgo has backed 7 African startups across 7 disclosed funding rounds totaling $12.7M, most heavily in Nigeria and Fintech.
EMURGO is the official commercial arm and a founding entity of the Cardano blockchain. It is headquartered in Singapore and has a dedicated Africa investment arm, EMURGO Africa, focused on supporting regional startups and blockchain adoption. The investment records provided show activity across Nigeria, Kenya, Cameroon, and Zimbabwe, with investments spanning fintech, real estate and property, AI and analytics, and services and marketplaces. Recorded rounds range from pre-seed to Series A, including seed and venture rounds. The listed companies include Amini AI, HouseAfrica, _able, BoundlessPay, Ejara, SESO Global, and AfriBlocks.
Data updated · Oct 3, 2026
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Emurgo has backed 7 African startups across 7 disclosed funding rounds tracked on Liners, totaling $12.7M since 2022.
Mostly Venture Round: 2 of its 7 tracked rounds are at that stage, followed by Seed (2).
Companies Emurgo has backed operate in Nigeria (4), Kenya (3), Côte d'Ivoire (2), and 16 more markets. Each figure counts the rounds behind companies serving that market, so a company operating in several markets counts in each of them.
Its tracked rounds lean toward Fintech (3), Real Estate & Property (2), AI & Analytics (1), and 1 more sector.
Emurgo most often shares rounds with Adaverse (4 shared deals), Kepple Africa Ventures (2 shared deals), Everest Ventures Group (2 shared deals).
The listed companies are Amini AI, HouseAfrica, _able, BoundlessPay, Ejara, SESO Global, and AfriBlocks. They operate in AI and analytics, real estate and property, fintech, and services and marketplaces.
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