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Since 2021, Triodos Investment Management has backed 5 African startups across 2 disclosed funding rounds totaling $38.5M, most heavily in Kenya and Fintech.
Triodos Investment Management is a globally active impact investor and a wholly owned subsidiary of Triodos Bank N.V. It is based in Driebergen-Rijsenburg, Netherlands, and focuses on investing for impact across public and private markets. In Africa, Triodos Investment Management has backed companies in financial services and energy, based on the available records. Its disclosed African activity includes investments in Series A, Series B, and Convertible Note rounds, with geographic focus in Benin and South Africa. The companies listed in the records are MyJouleBox in Benin and Lula in South Africa. The available data suggests a strong emphasis on energy and financial inclusion, including participation alongside other impact and development-focused investors such as the International Finance Corporation, Quona Capital, Lightrock, Women’s World Banking, and the German Investment Corporation.
Data updated · Aug 7, 2026
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Triodos Investment Management has backed 5 African startups across 2 disclosed funding rounds tracked on Liners, totaling $38.5M since 2021.
Mostly Series B: 1 of its 2 tracked rounds are at that stage, followed by Venture Round (1).
Triodos Investment Management's tracked rounds are concentrated in Kenya (4), South Africa (1), Benin (1).
Its tracked rounds lean toward Fintech (3), Agri Tech (2), Energy & Utilities (1).
Triodos Investment Management most often shares rounds with Mirova SunFunder (1 shared deal), Nithio (1 shared deal), German Investment Corporation (1 shared deal).
Available records show Triodos Investment Management backed MyJouleBox in Benin and Lula in South Africa. The listed sectors are Energy & Utilities and Fintech.