MSA Capital

MSA Capital is a global investment firm founded in 2014. It focuses on private venture and growth assets, managing over USD 2 billion. The firm invests in innovative companies across biotechnology, core technology, and consumer sectors, and is based in Beijing, China. Between December 2019 and December 2021, MSA Capital invested $124.9 million across 11 funding rounds, primarily at the seed stage (8 rounds), with some series A and series B investments. The firm targeted e-commerce and retail (6 investments), fintech (5), and AI and analytics (1), with a geographic focus on Egypt (5), Nigeria (3), Kenya (1), pan-African (1), and Ghana (1). Notable investments include TradeDepot (Nigeria, series B), Rabbit (Egypt, seed), Pawapay (pan-African, seed), Homzmart (Egypt, series A), and Nowpay (Egypt, seed). MSA Capital frequently co-invested with firms such as 4DX Ventures (4 rounds), Kepple Africa Ventures (3 rounds), and International Finance Corporation (2 rounds).