Startup/Scale-up

Goodwell Investments and Alitheia Capital, partners in the fund, say Africa’s impact investment opportunities remain strong, despite global market uncertainties.

Startups in the food tech sector are gradually becoming more attractive to venture capital as pioneers reach maturity and early investors realise their exit strategies. 

Royal Cosun and Oost NL’s investment in Revyve will allow the company to scale-up production of animal-free ingredients to create texture in food.

New investors ETF Partners and Astelia led this latest funding round, with backing from Rockstart and other existing investors.

Launched by Oxfam Novib and Goodwell Investments, the Pepea fund will invest in the sustainable agriculture, energy, clean mobility and logistics, and waste management sectors with a focus on female entrepreneurs.

The company’s mission is to transition the chemical feedstock market for industrial and commercial products from a petrochemical to a bio-based production model using microbial cell factories.

Clayton Hayward, CEO and co-founder of tech firm Ukheshe, discusses the role of technology in allowing Africa’s small, medium and micro enterprises to access financial services.

Two-month programme led by early-stage venture capital accelerator Rockstart aims to support circular economy startups in their fundraising efforts.

The Berlin-based fund has its own in-house science team and invests in startups providing solutions for climate mitigation, resource savings, biodiversity protection and waste reduction.

Wefunder raises funding for startups across sectors including sustainability, food industry and tech sectors. Twelve European companies are already listed on the platform.