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Spadel: Seed-stage investor backing African innovation, particularly in water solutions like Kumulus Water. Their niche focus makes them a unique, impactful player.

Water Production
Drinking Water
Water Technology
CleanTech

Spadel's Portfolio in Africa

Spadel has made over 1 notable investments in African startups. Their most recent investment was in Kumulus Water, announced on June 4th, 2025.
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Spadel's Investment activity in Africa

With over $3.5M invested in African startups, their latest investment was a Seed round in Kumulus Water, announced on June 4th, 2025, closing at $3.5M.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Seed
Kumulus Water		TunisiaJun 04, 2025$ 3,500,000
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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Spadel's Investment Distribution in Africa.

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

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