STOAOverview Powered by AI
STOA is an impact-driven VC firm focused on scaling growth-stage African tech ventures. Their sweet spot is Series B rounds, providing patient capital to fuel expansion and innovation. With portfolio companies like Daystar Power, they seek to empower African entrepreneurs solving critical challenges and fostering inclusive growth.
STOA's Latest news
Proparco, Swedfund and STOA invest in Serengeti Energy - Africa Global Funds
Voltalia sells a minority stake in its largest solar plant, SSM1&2, located in the Serra Branca cluster in Brazil to STOA - GlobeNewswire
AIIM, SAHIF and STOA sign follow-on deal in MetroFibre Networx - Africa Global Funds
| Round | Startup | Location | Date | Amount Raised |
|---|---|---|---|---|
| Series D | Nigeria | Oct 24, 2023 | $ 43,000,000 | |
| Series B | Nigeria | Jan 12, 2021 | $ 38,000,000 | |
| Seed | Nigeria | Mar 23, 2021 | $ 125,000 | |
| Seed | Nigeria | Mar 23, 2021 | $ 125,000 | |
| Seed | Nigeria | Mar 23, 2021 | $ 125,000 | |
| Seed | Nigeria | Mar 23, 2021 | $ 125,000 | |
| Seed | Nigeria | Mar 23, 2021 | $ 125,000 |
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