Fundraising Fox

E3 Capital

Venture capital

Nairobi · Seed–Series A · 14 people tracked

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Investment thesis

E3 Capital positions itself as a catalyst for Africa's low-carbon economy. The firm invests in tech-enabled companies at the seed and Series A stages and takes an active, value-additive approach to investments. The fund prefers to lead rounds and brings in co-investors globally to help build substantial businesses addressing climate and energy challenges.

Source: firm website, verified Jul 21, 2026.

Stage
Seed–Series A
HQ
Nairobi, FR
Leads rounds
Leads
Instruments
Equity
Founded
2015
AUM
$61.5M
Tracked investments
41

Team · 14 people

from the firm's website
Vova Dugin· Managing Partner
Melvyn Lubega· Senior Partner
Utari Wanjohi· Investment Principal
Andrew Reicher· Investor & Advisor
Clemens Calice

Chief Executive Officer of Cygnum Capital.

Cynthia Mwaura· Senior Associate
Elo Umeh

Founder and Chief Executive Officer of Terragon.

Faith Omwaga· Team Assistant
Jean-Marc Bally

Managing Partner at Aster Capital.

Jean-Michel Séverino

Chairman of the Supervisory Board of I&P.

Kushal Shah

Founder of Flourish Collective.

Parita Dhanani· Finance & Operations Manager
Peter Kivuva· ESG Officer
Temi Marcella Awogboro

Partner at Alcent Capital.

What they invest in

from 2 of 41 portfolio companies

B2B Marketplaces ×2Construction Tech ×2PropTech ×2SaaS ×1

HQs:United States×1

Investments · 41 tracked

founders shown can be your intro path
Agrilogiqagrilogiq.com
Agrilogiq
Badilibadili.ke
Badili Africa
Bboxxbboxx.com
Candicandi.solarin𝕏
Cavexcavex.ioin
Cutstructcutstruct.comin𝕏

Cutstruct is a construction procurement platform that manages material sourcing and ordering for contractors, offering same-day delivery and features like price-locking, digital traceability, and buy-now-pay-later financing options.

B2B MarketplacesConstruction TechPropTech

CutStructlivevend.comin𝕏

A construction procurement platform that consolidates material sourcing and ordering for contractors and builders. The platform connects projects with suppliers for materials like cement, steel, and sand, offering same-day delivery, price locking, and buy-now-pay-later financing options.

B2B MarketplacesConstruction TechPropTechSaaSSugarland, US

Dlightdlight.com
ESGwebsite-files.com
Glint
GoCabgocab.ioin𝕏
Insight Terra
Insight Terrainsightterra.comin
InspiraFarmsinspirafarms.comin𝕏
Kamiounkamioun.comin
Kofakofa.coin𝕏
ManoCap Energy
Manocapenergymanocapenergy.com
Mawingu Networks
Mawingunetworksmawingunetworks.comin𝕏
Nurunuru.cdin
Openaccessopenaccess.energy
OpenAccessEnergy
PayGo Energy
Plentify +Moreplentify.ioin
Solarise Africa
Solariseafricasolariseafrica.comin
SolarX
Solarx Africasolarx-africa.comin
SunCulturesunculture.com𝕏
Sunkingsunking.comin𝕏
Untapped Globaluntapped-global.com
Wattnow
Wattnowwattnow.ioin
YoLa Fresh
Yolafreshyolafresh.com
ZIZ Energieziz-energie.com
Zola Electric
zola-electric-bgzolaelectric.comin𝕏

Frequently asked questions

What stage does E3 Capital invest at?
E3 Capital invests at the Seed, Series A stages.
What sectors does E3 Capital focus on?
E3 Capital focuses on Cleantech, Climate Tech, Energy.
Where is E3 Capital located?
E3 Capital is headquartered in Nairobi, FR.
Does E3 Capital lead rounds?
Yes, E3 Capital leads investment rounds.

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