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Nclude is a leading African VC firm investing in Seed and Series B rounds, with a portfolio boasting Paymob, OneOrder, and Grinta. Their unique approach lies in their deep understanding of the African market and their focus on supporting founders building scalable, impact-driven businesses. #AfricanTech #VCsToWatch

Type
Venture Capital

Nclude's Portfolio in Africa

Nclude has made over 9 notable investments in African startups. Their most recent investment was in Money Fellows, announced on May 4th, 2025.
Nclude's Latest news
Mastercard and Nclude Partner to Accelerate Egypt's Fintech Ecosystem and Boost Financial Inclusion - Advertisement - Advertising - Ahram Online

Nclude - All News And Posts By Crowdfund Insider - Crowdfund Insider

Mastercard invests in Egypt's Nclude - Wamda

Mastercard and Nclude partner to accelerate Egypt's fintech ecosystem and boost financial inclusion - ZAWYA

Nclude's Investment activity in Africa

With over $133.1M invested in African startups, their latest investment was a Pre-Series C round in Money Fellows, announced on May 4th, 2025, closing at $13M.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Series A
Khazna
EgyptFeb 04, 2025$ 16,000,000
Pre-Series C
Money Fellows
EgyptMay 04, 2025$ 13,000,000
Seed
OneOrder
EgyptDec 05, 2022$ 3,000,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000

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Nclude's Investment Distribution in Africa.

Nclude's currently has Startuup investments spread across the following location(s)

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