Funding and investors in Rwanda: market analysis
Who invests in Rwanda, in which sectors, with which tickets and instruments: every figure below is computed from the funding deals recorded on the platform.
11
deals recorded
2
over 12 months
1.8 M$
median disclosed ticket
19
identified investors
Key findings
- 11 funding deals recorded (Rwanda) since 2010, involving 9 companies and 19 identified investors. 2 of them over the last 12 months (3 the previous year).
- Median disclosed ticket: 1.8 M$; half of the deals fall between 1.3 M$ and 8.3 M$ (6 amounts disclosed out of 11, 34.9 M$ in total).
- Where the money goes: Energy (55 %), Fintech (27 %), Digital health (9 %).
- Most frequent stage: Growth (18 %); most used instrument: Equity (45 %).
- Most active investors: Acumen (2), Beyond Capital Ventures (2), Rwanda Green Fund (2).
- 36 % of deals are syndicated (at least two investors around the table).
Sectors
- Energy6
- Fintech3
- Digital health1
- Financial services1
Industries
- Electric mobility5
- Insurtech2
- Banking1
- Digital lending and scoring1
- Clean cooking1
Stages
- Growth2
- Seed1
- Series A1
Instruments
- Equity5
- Grant3
Deals per year
| Year | Deals | Disclosed amounts |
|---|---|---|
| 2024 | 6 | 23.3 M$ |
| 2025 | 3 | 11.6 M$ |
| 2026 | 1 | — |
Most active investors
- Acumen2 deals
- Beyond Capital Ventures2 deals
- Rwanda Green Fund2 deals
- AFIG Funds1 deal
- AHL Venture Partners1 deal
- AlphaMundi1 deal
- Bayer Foundation1 deal
- British International Investment1 deal
- Burrow Capital1 deal
- Ecosystem Integrity Fund1 deal
- Energy Catalyst1 deal
- Everstrong Capital1 deal
Latest deals
| Company | Date | Disclosed amounts | Lead |
|---|---|---|---|
| EdenCareInsurtech · Rwanda | Jun 2026 | undisclosed | Proparcosource |
| KaykoDigital lending and scoring · Rwanda · Seed | Dec 2025 | 1.2 M$ | Burrow Capitalsource |
| AmpersandElectric mobility · Rwanda · Growth | Aug 2025 | undisclosed | Seedstars Africa Venturessource |
| PulaInsurtech · Rwanda | Jan 2025 | 10.4 M$ | Bayer Foundationsource |
| BiomasstersClean cooking · Rwanda | Dec 2024 | undisclosed | Acumensource |
| IZI ElectricElectric mobility · Rwanda | Oct 2024 | 220 k$ | Rwanda Green Fundsource |
| KashaOnline pharmacy · Rwanda | Sept 2024 | undisclosed | Sanofi Global Health Impact Fundsource |
| AmpersandElectric mobility · Rwanda · Series A | Aug 2024 | 2 M$ | AHL Venture Partnerssource |
| OX DeliversElectric mobility · Rwanda | Feb 2024 | 1.6 M$ | Energy Catalystsource |
| AmpersandElectric mobility · Rwanda | Jan 2024 | 19.5 M$ | Ecosystem Integrity Fundsource |
| Ecobank RwandaBanking · Rwanda · Growth | Oct 2010 | undisclosed | AFIG Fundssource |
See also
Method: published funding deals (press releases, specialised media), recorded by Invest Matching's news monitoring and reviewed before integration. Amounts in US dollars; deals without a disclosed amount count in the totals, not in the medians.