Alitheia Capital
Impact investorLagos · Seed–Late Stage · 8 people tracked
Find your way into Alitheia Capital
933 people in our graph share verified history with the Alitheia Capital team — schools, employers, funds. One of them is your warm intro.
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 18 of 21 portfolio companiesB2B Marketplaces ×6Fintech ×6AI & Machine Learning ×5FoodTech ×4Logistics & Supply Chain ×4AgTech ×3Cleantech ×3Consumer ×3
HQs:Nigeria×8Ghana×2South Africa×2Croatia×1United States×1Zambia×1
Who they back
founder profiles across 11 portfolio companiesFounding team size:solo founder×103 founders×1
What their founders studiedfrom 10 founders with field-of-study data
Engineering ×4Economics ×3Business & Management ×2Finance & Accounting ×2
Investments · 21 tracked
founders shown can be your intro pathBy year:2025 · 12023 · 22018 · 14 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 Koney(Executive Officer, Director)in
BoardAshwin Ravichandran(Director)Francis Owusu(Director)
Co-investorsCeniarthGoodwell InvestmentsIngressive CapitalNewtown PartnersSahel CapitalVestedWorld+3 more
Haul247 is a logistics technology platform that connects freight movement, warehousing/storage, and supply chain visibility for businesses.
B2B MarketplacesLogistics & Supply ChainSaaSLagos, NG
Sehinde AfolayaninAkindele PhillipsinTobi Obasain
/uploads/startups/NGA/members/haul247_2.jpg)
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
LUPIYA is an AI-powered neobank providing digital loans, payments, and investments to SMEs and individuals across Africa.
AI & Machine LearningB2B MarketplacesFintechLusaka, ZM
Evelyn Chilomo Kaingu(Founder)in
Co-investorsEnygma VenturesIDF Capital
MAX is a mobility fintech platform that provides financial services, vehicle ownership solutions, and support services to informal transport operators across Africa.
B2B MarketplacesCleantechClimate TechFintechLogistics & Supply ChainMobility & TransportationLagos, NG
Co-investorsBreakthrough Energy VenturesGoodwell InvestmentsOlive Tree CapitalShell FoundationWaarde CapitalNovastar Ventures
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
Deepankar Rustagi(Founder)in
Co-investorsGoodwell InvestmentsShell FoundationVentures PlatformAruwa CapitalNorfund
Oradian provides a core banking platform with an AI-native authoring and controlled extension framework that lets banks and lenders design, price, and launch deposit, lending, and card products in natural language.
AI & Machine LearningEnterprise SoftwareFintechSaaSZagreb, HR
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
Reelfruit produces dried fruit and nut snacks, such as dried pineapple, dried mango, coconut chips, and fruit-and-nut mixes, made from tropical fruits grown in West Africa.
ConsumerDirect to ConsumerFoodTech
Affiong Williams(Founder)in
Co-investorsCeniarthAlitheia IDF
Seamfix builds identity verification, access management, and compliance platforms for governments, regulators, enterprises, and service providers across Africa.
CybersecurityData & InfrastructureGovTechLagos, NG
Chimezie Emewulu(Founder)in
Co-investorsAlitheia IDF
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)inTayo Osiyemi(Chief Executive Officer)inFaith Abakada(Chief Operating Officer)in
Co-investorsAlitheia IDF
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)in
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 RibicinDaniel Newlandin
BoardAisha Pandor
Co-investors500 GlobalE4E AfricaNewtown PartnersAlitheia IDFCaruso VenturesEndeavor Catalyst+2 more
Tomato Jos operates an integrated farming and processing operation in Nigeria that grows tomatoes and produces tomato paste at a facility in Kaduna State, serving the domestic market by replacing imported tomato products.
Advanced ManufacturingAgTechConsumerFoodTechImpact & Social GoodCambridge, NG
Mira Mehta(CEO/MD)inArt Cardoso(Chief Operating Officer)in
BoardKaran Chopra(Director)Jeffrey Stein(Director)Mobola Onibonoje(Director)Fernando Arthur Cardosa(Director)
Co-investorsGoodwell InvestmentsVestedWorld
Wemy Industries Limited manufactures and trades hygiene products including baby diapers, feminine care, and adult care products under the Dr Browns and Nightingale brands.
ConsumerDirect to ConsumerE-commerceHealthtechWellness & FitnessNigeria, NG
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
ClubtravelcorporateOmnibizPsaltryPsaltryinternational
Portfolio news
latest coverage across their companies
Max · alleywatch.com · Sep 10, 2026
Paga · techcabal.com · Jun 30, 2026
SKLD · tribuneonlineng.com · Jun 14, 2026
Tomato Jos · africanexponent.com · May 28, 2026
Lupiya · fintech.global · Feb 24, 2026
Jetstream · jvf.vc · Feb 3, 2026
Haul247 · techcabal.com · Aug 9, 2025
Complete Farmer · arabfounders.net · Jul 6, 2025
Frequently asked questions
- How many investments has Alitheia Capital made?
- Alitheia Capital has 21 tracked investments, including 1 dated in the last 24 months.
- 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 Goodwell Investments, VestedWorld, Breakthrough Energy Ventures, among 28 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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