Renew Capital
Venture capitalDenver · Pre-Seed–Series A
Investment thesis
Renew Capital invests in early-stage tech and tech-enabled startups across Africa, betting on the continent's rapid growth, young population, and rising entrepreneurship and digital transformation. Beyond capital, the firm supports portfolio companies with management development and market access to help them capture market share, modernize industries and create jobs, aiming for returns via acquisitions or public offerings. The firm also operates a blended finance model supported by Global Affairs Canada that reduces early-stage risk, strengthens Africa's private sector, and builds economic partnerships between Canada and Africa.
Source: firm website, verified Aug 3, 2026.
What they invest in
from 8 of 9 portfolio companiesFintech ×3AI & Machine Learning ×2Consumer ×2Creator Economy ×2Marketing Tech ×2SaaS ×2B2B Marketplaces ×1Cleantech ×1
HQs:Kenya×3Ghana×1
Investments · 9 tracked
founders shown can be your intro pathBy year:2025 · 12024 · 45 dated
Scale Management operates an e-procurement platform that connects buyers with vetted suppliers, helping organizations across Africa digitize and automate their procurement workflows.
B2B MarketplacesEnterprise SoftwareFintechSaaSNairobi, KE
Marvin Tumbo(Co-Founder / CEO)inBrian Mung'ei(Co-Founder / COO)Comark Maloba(Co-Founder / CTO)
Co-investorsTechstarsNairobi Business Angel NetworkCastrum CapitalCrosslink CapitalHAVEN VENTURESKickstart+7 more
Affinity provides a digital banking app that lets users open accounts and access transfers, bill payments, savings, investments, and loans in Ghana.
ConsumerFintech
Co-investorsEnza CapitalGrazia Equity GmbH8VCAttijariwafa VenturesGreat Oaks Venture CapitalPear VC+2 more
Hypeo is an AI-powered influencer marketing platform that matches brands and agencies with relevant creators, generates campaign briefs and scripts, and tracks campaign performance in one place.
AI & Machine LearningCreator EconomyMarketing Tech
Connects brands with human and virtual creators in minutes using AI-powered platform for influencer campaigns.
Octavia Carbon designs modular Direct Air Capture (DAC) systems that remove CO2 from the atmosphere and store it permanently in basaltic rock formations, offering carbon removal and offsetting services.
CleantechClimate TechDeep Tech
Co-investorsE4E AfricaLateral CapitalLaunch Africa Ventures
Roam makes homeownership more affordable by providing a more user-friendly experience around real estate, the largest asset class globally.
FintechPropTech
Raunaq Singh(Founder)in
Co-investorsFifth WallFounders FundKhosla VenturesAt One VenturesMythos Ventures Management, LlcEquator+1 more
Roam is a platform that generates playable games from simple inputs, turning users into game creators.
Creator EconomyGaming
Co-investorsStreamlined VenturesAt One VenturesEquatorFounders FundKhosla VenturesU.S. International Development Finance Corporation (DFC)
Telegram is a cross-platform messaging application with encrypted, self-destructing messages, multi-device sync, and large group chats.
ConsumerMedia & EntertainmentSocial
Co-investorsAcquire FiAfford.CapitalAlphabit FundAngelONE CapitalArrington CapitalAsia GreenTech Fund+48 more
Tappi provides AI-powered reputation and loyalty platform tools for businesses, helping them turn customer interactions and payments data into insights, reviews, and revenue growth.
AI & Machine LearningMarketing TechSaaSNairobi, KE
Co-investorsAcasia VenturesAjim CapitalDigital Currency GroupMaC Venture CapitalWestbound Equity PartnersChui Ventures+5 more
Portfolio news
latest coverage across their companiesScale · pulse2.com · Jul 19, 2026
Affinity · roi-nj.com · Jul 7, 2026
Octavia Carbon · sebastianmanhart.com · Jun 24, 2026
Roam · finance.yahoo.com · Apr 3, 2025
Roam · finance.yahoo.com · Apr 3, 2025
Frequently asked questions
- What stage does Renew Capital invest at?
- Renew Capital invests at the Pre-Seed, Seed, Series A stages.
- What sectors does Renew Capital focus on?
- Renew Capital focuses on AI & Machine Learning, Impact & Social Good, Sector Agnostic.
- Where is Renew Capital located?
- Renew Capital is headquartered in Denver, US.
Images
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