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Since 2023, Renew Capital has backed 19 African startups across 27 disclosed funding rounds totaling $16.4M, most heavily in Fintech.
Renew Capital is an early stage venture capital and impact investment firm focused on African tech enabled startups. The firm invests in growth oriented businesses across the continent and operates through both its own funds and the Renew Capital Angels network, a global community of investors, foundations and family offices. Renew Capital traces its origins to 2007 and is headquartered in Denver, Colorado, with additional offices in Ethiopia, Rwanda and Uganda. Renew Capital backs early stage companies across pre seed, seed and venture rounds, including pre Series A, and actively invests in Africa’s middle markets. Based on recent activity, the firm has deployed more than 16 million dollars across 27 funding rounds between January 2023 and August 2025. Its portfolio shows a strong focus on fintech, e commerce and retail, media and entertainment, marketing and CRM, creator economy, logistics and supply chain, agri tech and travel and mobility. Renew Capital invests across multiple African ecosystems, including Kenya, Tunisia, Ghana, Uganda, Morocco, Ethiopia, Zambia, Mozambique and South Africa. Renew Capital works at the intersection of private investment and development, partnering with governments, multinational corporations and development organizations to strengthen startup ecosystems and mobilize capital into African opportunity. Through initiatives such as the Renew Venture Lab, the firm supports founders with management development, investment readiness training and market access, aiming to create jobs, modernize industries and generate sustainable financial and social returns across the continent.
Data updated · Sep 3, 2026
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Renew Capital has backed 19 African startups across 27 disclosed funding rounds tracked on Liners, totaling $16.4M since 2023.
Mostly Venture (Round not Specified): 12 of its 27 tracked rounds are at that stage, followed by Seed (9).
Its tracked rounds lean toward Fintech (12), E-commerce & Retail (7), Media & Entertainment (2), and 5 more sectors.
Renew Capital most often shares rounds with 54 Collective (2 shared deals), Attijariwafa Ventures (2 shared deals), Launch Africa Ventures (2 shared deals).
Renew Capital actively works with co investors such as Visa, Launch Africa Ventures, Attijariwafa Ventures and other venture firms and angel investors. It also partners with governments, multinational corporations and development organizations, and offers programs like Renew Venture Lab to help African founders become investment ready and access capital.