--- title: "Raising pre-seed and seed capital in Sub-Saharan Africa" url: https://www.seedstars.com/content-hub/life/raising-pre-seed-and-seed-capital-sub-saharan-africa/ --- ![Raising pre-seed and seed capital in Sub-Saharan Africa](https://seedstars-com.s3.amazonaws.com/images/1335326_MeetGreetINV_1440x500_op4_062122.max-1500x500.jpg) AFRICA • INVESTMENT ## Raising pre-seed and seed capital in Sub-Saharan Africa Seedstars Global MAY 9, 2022 Seedstars has been dedicated to developing startup ecosystems across emerging markets since 2013 through activities like pitch competitions, programs and investments. After almost 10 years of operations, Seedstars is considered the largest entrepreneurship community across emerging and frontier markets. #### WRITTEN BY ![None](https://seedstars-com.s3.amazonaws.com/images/seedstars-black.max-376x376.png) Seedstars Global [CONTACT US](/contact-us/) Seedstars International Ventures (SIV) is a seed fund and the first ever VC focused exclusively on emerging and frontier markets. It is built on top of the Seedstars Community and leverages it for deal flow and network access. To date, SIV has made 80+ investments across 32 countries in Africa, MENA, Latam, CEE and Asia. **Funding in Africa is faster than the global average** With the youngest population in the world and high rates of entrepreneurship, the African ecosystem is booming. Reports state a [44% year-on-year growth](https://partechpartners.com/2020-africa-tech-venture-capital-report/) in funding for tech startups, which is six times faster than the global average. Today, most VC funding goes to the Big Four: Nigeria, Egypt, Kenya and South Africa, who have attracted[ 83% of all the funding](https://thebigdeal.substack.com/) in the region and signed 78% of all $1m+ deals in Africa since 2019. Companies from other countries are raising funds as well, but most of it is driven by a few large deals. As of April 2022, startups in Africa have raised $2.25 billion in the first four months of the year, which is 2.5x times the amount that had been raised by the same time in 2021. **Promising teams and scalable solutions** Over the past years, SIV invested predominantly in companies aligned with global mega trends that materialized across various emerging and frontier markets. Examples for this are alternative lending, B2B marketplaces, logistics solutions, and remittance services. While SIV is industry agnostic, we’re most excited about solutions to fundamental challenges present across more than one market. The team is the most important to us, which is why we are looking to partner with the most promising founders who are building scalable solutions to real problems. Some of our notable investments across the continent include [Omnibiz](https://omnibiz.com/), [Chaka](https://chaka.com/), [LipaLater](https://lipalater.com/), [Pezesha](https://pezesha.com/), [QuickCheck](https://quickcheck.ng/), [Fuzu](https://www.fuzu.com/), [Zumi](https://zumi.africa/), [Medsaf](https://www.medsaf.com/), [Ando Foods](https://www.andofoods.co/), [Kuunda](https://www.kuunda.com/) and [Eden Care](https://edencaremedical.com/). ![Article text pic 1406 life](https://seedstars-com.s3.amazonaws.com/images/image4.width-800.jpg) Over the past months we closed two exciting deals in Senegal and Kenya which will be announced soon. **How do we support ventures on their road to success?** As companies need more than just capital to succeed, we transfer knowledge, tools and processes to our portfolio companies so they can take their venture to the next level. Read more here about our [value creation platform](https://www.seedstars.com/content-hub/life/capital-commodity-knowing-what-do-it-not/). Our biggest focus lies on growth. Every company we invest in embarks on a three-month long Growth Track, where we pair them up with an experienced growth executive to implement a best in class growth process into the company . On top of this, startups get access to our global network of VCs, entrepreneurs and corporates. Do you think your company is a perfect fit to become a part of our portfolio, but you have some questions? Join us in a live Meet & Greet session with our Investment Manager for Africa [Konstantin Hapkemeyer](https://www.linkedin.com/in/konstantin-hapkemeyer/) on June 28th at 4pm CAT/CEST. [Register here.](https://share.hsforms.com/1Oq9KNv9gRzWNm3FwvzbVaA3yjcn) ![mitendgrit 2306 konstantin](https://seedstars-com.s3.amazonaws.com/images/1335326_MeetGreetINV_1080x1080_060922.width-500.jpg) To get a head start you can also s[ubmit your pitch](https://portal.seedstars.com/accounts/register/?next=/applications-hub/applications/1825/new) to Seedstars International Ventures. ARTICLE AFRICA INVESTMENT VENTURE CAPITAL FUNDS ## More like this [ ![Seedstars International Ventures five years on: Introducing SIV Fund II](https://seedstars-com.s3.amazonaws.com/images/thumbnail_art2908.max-320x550.png) GLOBAL • FINANCIAL SERVICES #### Seedstars International Ventures five years on: Introducing SIV Fund II VC capital flow has been growing 40% year-on-year in emerging markets but still represents less than 4% of global volumes Aug. 29, 2022 ](https://www.seedstars.com/content-hub/life/seedstars-international-ventures-five-years-introducing-siv-fund-ii/) [ ![Seedstars International Ventures Adds Six New Companies To Portfolio](https://seedstars-com.s3.amazonaws.com/images/Thumbnail_Seedstars_International_Ventures_A.max-320x550.png) GLOBAL • INVESTMENT #### Seedstars International Ventures Adds Six New Companies To Portfolio Seedstars International Ventures now has 80 companies in it’s portfolio. Mar. 02, 2022 ](https://www.seedstars.com/content-hub/life/seedstars-international-ventures-adds-six-new-companies-portfolio/) [ ![None](https://seedstars-com.s3.amazonaws.com/images/miskfoundation1.max-320x550.png) MIDDLE EAST AND NORTH AFRICA • FINANCIAL SERVICES #### Growing Economy Through Growing Ventures in Saudi Arabia with Misk Foundation Oct. 16, 2020 ](https://www.seedstars.com/community/client-success/growing-economy-through-growing-Ventures-in-saudi-arabia-with-misk-foundation/) [ ![Kickoff Bootcamp](https://seedstars-com.s3.amazonaws.com/images/C-MISK_Growth_Accelerator_Summary_of_the_Kic.max-320x550.png) MIDDLE EAST AND NORTH AFRICA • ECOSYSTEM ENABLER #### MISK Growth Accelerator: Summary of the Kickoff Bootcamp The Misk Foundation has launched its Growth Accelerator for MENA tech startups in partnership with Seedstars and Vision Ventures. Sep. 20, 2019 ](https://www.seedstars.com/content-hub/newsroom/misk-growth-accelerator-summary-kickoff-bootcamp/) [ ![MENA Growth Accelerator](https://seedstars-com.s3.amazonaws.com/images/C-Seedstars_to_Launch_MENA_Growth_Accelerato.max-320x550.png) MIDDLE EAST AND NORTH AFRICA • ECOSYSTEM ENABLER #### Seedstars to Launch MENA Growth Accelerator in Partnership with Misk and Vision Ventures Seedstars is launching a Growth Accelerator for MENA tech startups in partnership with Misk Innovation and Vision Ventures. Jul. 17, 2019 ](https://www.seedstars.com/content-hub/newsroom/seedstars-launch-mena-growth-accelerator-partnership-misk-and-vision-ventures/) [ ![Global acceleration program comparison](https://seedstars-com.s3.amazonaws.com/images/globalacceleration.max-320x550.png) GLOBAL • FINANCIAL SERVICES #### Global acceleration program comparison – where to go for the best deal While contemplating the package for the next batch of ventures in the Seedstars Growth Program, we wanted to understand exactly how our offer compared to all the other acceleration, growth and incubation programs out there. Jul. 27, 2017 ](https://www.seedstars.com/content-hub/learning-resources/global-acceleration-program-comparison-where-to-go-for-the-best-deal/) [ ![Scale your startup](https://seedstars-com.s3.amazonaws.com/images/Scale_your_startup.max-320x550.jpg) GLOBAL • ENTERPRISE #### Unfair advantages: how to scale your startup No entrepreneur can remain insensitive to the phrase “Chase the antelope, not the mouse!” (Well, some do! Read “Fuck the VCs” by the founder of Camera+ if you feel like you are one of them). If you’re still here, you’re interested in the antelope. May. 09, 2017 ](https://www.seedstars.com/content-hub/learning-resources/unfair-advantages-how-scale-your-startup/) --- ## Sitemap - [Sitemap](https://www.seedstars.com/sitemap.md): every public page on this site - [llms.txt](https://www.seedstars.com/llms.txt): what Seedstars does and where to start