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Penrose Capital, a leading seed-stage investor in Africa, stands out with its focus on impact-driven startups. Notable investments include SmartWage, empowering workers with financial well-being. Penrose's unique value lies in its deep understanding of the African ecosystem and its commitment to supporting entrepreneurs creating transformative solutions.

Penrose Capital's Portfolio in Africa

Penrose Capital has made over 2 notable investments in African startups. Their most recent investment was in SmartWage, announced on March 31st, 2022.
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Penrose Capital's Investment activity in Africa

With over $4M invested in African startups, their latest investment was a Seed round in SmartWage, announced on March 31st, 2022, closing at $2M.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Seed
SmartWage
South AfricaMar 31, 2022$ 2,000,000
Seed
Smart wage
South AfricaApr 05, 2022$ 2,000,000
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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Penrose Capital's Investment Distribution in Africa.

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

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