Alitheia Capital
Impact investorLagos · Seed–Late Stage · 8 people tracked
Investment thesis
Alitheia Capital pursues impact investing across Africa, identifying and backing high-potential businesses with the aim of generating both financial returns and positive social impact. Operating as a private equity and financial advisory firm since its first fund in 2009, it deploys capital across multiple funds throughout the African continent.
Source: firm website, verified Aug 3, 2026.
Team · 8 people
from the firm's website & curated
What they invest in
from 16 of 21 portfolio companiesB2B Marketplaces ×5Fintech ×5AI & Machine Learning ×4Logistics & Supply Chain ×4Cleantech ×3E-commerce ×3FoodTech ×3SaaS ×3
HQs:Nigeria×6Ghana×2South Africa×2United States×1Zambia×1
Investments · 21 tracked
founders shown can be your intro pathBy year:2025 · 12023 · 12018 · 13 dated
Alma Clinics is a digital-native primary healthcare provider offering care through physical clinics, homecare, and telehealth via its app.
AI & Machine LearningDigital HealthHealthtech
Complete Farmer operates a data-driven platform connecting farmers, buyers, and input vendors across African agriculture, with products for farm management (CF Grower), produce sourcing (CF Buyer), and an input marketplace (CF Storefront).
AgTechB2B MarketplacesFoodTechSan Francisco, GH
Desmond Okpoti Koney(Executive Officer, Director)Desmond Koney(Executive Officer, Director)
BoardAshwin Ravichandran(Director)Francis Owusu(Director)
Co-investorsCeniarthGoodwell InvestmentsIngressive CapitalNewtown PartnersSahel CapitalVestedWorld
Haul247 is a logistics technology platform that connects freight movement, warehousing/storage, and supply chain visibility for businesses.
B2B MarketplacesLogistics & Supply ChainSaaSLagos, NG
Sehinde AfolayanAkindele PhillipsTobi Obasa
Co-investorsGoodwell Investments
Hinckley Recycling operates recycling centers and offices across Nigeria and other West and North African countries, providing recycling services from multiple locations.
Circular EconomyCleantechClimate TechLagos, NG
Co-investorsGoodwell Investments
Jetstream provides technology and monitoring services for physical goods trade in Africa, operating Jetfinance, a digital trade finance loan management platform connecting verified borrowers to lenders, and Jetvision, an AI-powered CCTV monitoring system for stock and site visibility.
AI & Machine LearningFintechLogistics & Supply Chain
Co-investors4DX VenturesIngressive CapitalMSA NovoOcterra CapitalThe MBA FundVestedWorld
MAX operates a transportation platform in Africa that provides vehicles, financing, insurance, and driver training to transport operators and micro-entrepreneurs, and offers ride services to passengers.
CleantechLogistics & Supply ChainMobility & Transportation
Co-investorsBreakthrough Energy VenturesGoodwell InvestmentsOlive Tree CapitalShell FoundationWaarde CapitalNovastar Ventures
Co-investorsLoftyInc CapitalRising Tide Africa (RTA)Timon CapitalMusha VenturesVentures Platform
OmniHub is a distribution management platform for product distributors in Africa that connects them with retailers through a unified ordering and visibility system.
AI & Machine LearningB2B MarketplacesE-commerceEnterprise SoftwareFintechLogistics & Supply ChainRetail TechSaaSJohannesburg, ZA
Co-investorsGoodwell InvestmentsShell FoundationVentures PlatformAruwa CapitalNorfund
Oradian provides an API-first, AI-native core banking platform with a programmable core, open data access, and an extension framework for launching deposit, lending, and card products.
AI & Machine LearningFintechSaaS
Antonio Separovic(Founder)in
Co-investorsCRE Venture CapitalSBI Ventures Europe GmbHCredo VenturesGoodwell InvestmentsMiddleton EnterprisesPlayfair Capital
Paga is a financial technology company offering multi-currency payment and banking services for individuals and businesses.
FintechLagos, NG
Tayo Oviosu(Founder)in
Co-investorsEndeavor CatalystGoodwell InvestmentsOssian CapitalDraper Associates
SKLD Integrated Services (formerly School Kits Limited) is a Nigerian retailer and supplier of back-to-school, office, and lifestyle products serving parents, students, professionals, and corporate clients through retail stores, wholesale, contracts, and an e-commerce platform.
Advanced ManufacturingB2B MarketplacesE-commerceEdTechRetail TechLagos, NG
Temilola Adepetun(Founder, Executive Vice Chairman)Tayo Osiyemi(Chief Executive Officer)Faith Abakada(Chief Operating Officer)
SparkMeter provides metering and low-voltage transformer-sensing hardware combined with software for billing, payments, prepaid metering, customer and asset management, and grid management.
CleantechEnergyHardwareWashington, US
Daniel Schnitzer(Executive Officer, Director)
BoardDaniel Goldman(Director)inBunmi Adekore(Director)Tokunboh Ishmael(Director)inRaymond Jay Dunn(Director)Allison Archambault(Director)
Co-investorsBreakthrough Energy VenturesCapria VenturesEndgame CapitalLateral CapitalClean Energy VenturesGoodwell Investments
Sweepsouth is a home services marketplace platform connecting customers with independent household service professionals in South Africa.
Future of WorkMarketplacesPropTechSouth Africa, ZA
Alen RibicDaniel Newland
BoardAisha Pandor
Co-investors500 GlobalE4E AfricaNewtown Partners
Tomato Jos produces tomato paste made from tomatoes grown locally in Nigeria, working with smallholder farmers and operating a processing factory in Kaduna State.
AgTechFoodTechImpact & Social GoodCambridge, NG
Co-investorsGoodwell InvestmentsVestedWorld
We My Dr Browns manufactures personal hygiene and healthcare products for consumers in Nigeria and Africa.
ConsumerDirect to ConsumerE-commerceHealthtechWellness & FitnessNigeria, NG
Portfolio news
latest coverage across their companiesPaga · techcabal.com · Jun 30, 2026
Jetstream · jvf.vc · Feb 3, 2026
Omniretail · techcrunch.com · Apr 28, 2025
Frequently asked questions
- How many investments has Alitheia Capital made?
- Alitheia Capital has 20 tracked investments.
- What stage does Alitheia Capital invest at?
- Alitheia Capital invests at the Seed, Series A, Series B, Growth, Late Stage stages.
- What is Alitheia Capital's typical check size?
- Alitheia Capital typically writes checks of $1M – $8M.
- What sectors does Alitheia Capital focus on?
- Alitheia Capital focuses on Advanced Manufacturing, AgTech, AI & Machine Learning, Circular Economy, Cleantech, Consumer, Fintech, Healthtech, Impact & Social Good, Logistics & Supply Chain, Sector Agnostic.
- Where is Alitheia Capital located?
- Alitheia Capital is headquartered in Lagos, NG.
- Who does Alitheia Capital co-invest with?
- Alitheia Capital most often shares deals with VestedWorld, Breakthrough Energy Ventures, Ceniarth, among 27 tracked co-investors.
Media · Podcasts & interviews
featuring the teamPioneering Gender Lens Investing in Nigeria: 'Tokunboh Ishmael, Alitheia Capital at #AVCA2025
AVCA · Tokunboh Ishmael
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