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Overview

SIMA Funds' Portfolio in Africa

SIMA Funds has made over 7 notable investments in African startups. Their most recent investment was in Altech Group, announced on April 18th, 2023.
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SIMA Funds' Investment activity in Africa

With over $237.5M invested in African startups, their latest investment was a Debt Financing round in Altech Group, announced on April 18th, 2023, closing at $18M.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Venture
Altech Group
Dr CongoOct 01, 2020$ 500,000
Debt Financing
d.light
KenyaJul 01, 2019$ 18,000,000
Debt Financing
Altech Group
Dr CongoApr 18, 2023$ 18,000,000
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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SIMA Funds' Investment Distribution in Africa.

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

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