Amsterdam · Growth
Investment thesis
XSML Capital positions itself as a growth partner for entrepreneurs and SMEs in underserved African frontier markets, where affordable growth capital is scarce. Operating since 2010, the firm supplies bespoke financing ranging from US$300k to US$10m, alongside expertise and network access, often as the only provider of growth capital in the markets it serves. Its aim is to help local businesses scale, nurture local talent, and drive durable, equitable economic development. With teams based in Kinshasa, Kampala and Luanda, XSML has supported the scaling of nearly one hundred SMEs across challenging markets.
Source: firm website, verified Aug 3, 2026.
Investments · 6 tracked
founders shown can be your intro pathKinshasa-based signage and branding company that grew from a small workshop into a leading firm, creating opportunities for local creative talent.
Ugandan company that started with school bags and now supplies a wide range of products to families and businesses.
Hotel in Lusaka, Zambia that serves as a hub for the local community to stay, work and connect.
Service provider to mobile operators that installs sensors, smart software, solar panels and battery systems to cut network diesel fuel use and emissions by up to 95%.
Fast-growing digital printing company in Kinshasa, DRC, investing in state-of-the-art digital printing equipment.
Kinshasa-based healthcare clinic, one of XSML's oldest clients, expanding services and locations since 2011.
Frequently asked questions
- How many investments has XSML Capital made?
- XSML Capital has 6 tracked investments.
- What stage does XSML Capital invest at?
- XSML Capital invests at the Growth stage.
- What is XSML Capital's typical check size?
- XSML Capital typically writes checks of $300K – $10M.
- What sectors does XSML Capital focus on?
- XSML Capital focuses on Impact & Social Good, Sector Agnostic.
- Where is XSML Capital located?
- XSML Capital is headquartered in Amsterdam, NL.
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