Fund manager (General Partner), AVCA member, venture capital across Europe and Africa. Assets under management: ≈ USD 760m.
At a glance
Based on observed investment behaviour: 7 recorded deals
- Investor type
- Private equity or venture capital fund (inferred, not verified)
- Capital type
- Venture capital (inferred from deals)
- Observed ticket
- 1.5 M$ – 69 M$, median 4.2 M$ (6 disclosed amounts)
- Stated ticket : 100 k$ – 10 M$
- Countries
- Nigeria (3), South Africa (2), Angola (1)
- Activities
- Agricultural inputs and services (1), Commercial & industrial energy (1), Enterprise software (SaaS) (1)
- Instruments
- Equity (4)
- Stages
- Seed (3), Pre-Seed (2), Series A (1)
- Recent activity
- 2 deals in 12 months, latest Sept 2026
Stated thesis versus observed behaviour
- Sectors: 71% of its deals within its stated thesis
- Countries: 100% of its deals within its stated thesis
- Ticket: 83% of its deals within its stated thesis
Does this fund fit your project?
Describe your need: the target list shows, for each source of capital, why it fits and which deals prove it.
Criteria published by the fund, recorded and checked by Invest Matching.
- Investment ticket
- 100 k$ – 69 M$*
- Instruments
- Equity
- Preferred sectors
- Fintech, SaaS, E-commerce, Digital health, Logistics, Energy, Agribusiness, Financial services*
- Target geographies
- France, Morocco, Senegal, Côte d'Ivoire, Nigeria, Kenya, South Africa, Egypt, Angola
* added from its deals
- Stages (stated by the fund and from its deals)
- Pre-SeedSeedSeries A
LinkedIn profiles, emails and phone numbers are reserved for signed-in members: create an account to access them.
Recent public deals: they say better than a thesis what the fund actually signs.
Biochar Industrial Group (BIG)
September 2026 · NigeriaPre-Seed1.5 M$AgribusinessLead
Activity : Agricultural inputs and services
BIG installs modular pyrolysis units inside food factories to collect agricultural waste and turn it into biochar: a permanent carbon store, audit-grade carbon removal credits, and a soil amendment that restores depleted farmland and boosts crop yields. Disposal cost becomes new revenue for factories.
Why they invested
- Team with a decade of hands-on industrial operating experience in Nigeria (Releaf Earth, Y Combinator)
- Disposal cost becomes new revenue for factories
- Audit-grade carbon removal credits, a growing market
Team
- Ikenna Nzewi — CEO, Co-Founder
- Uzoma Ayogu — CTO, Co-Founder
- Isaiah Udotong — CSO, Co-Founder
Co-investors Catalyst Fund, The Mulago Foundation (Non-dilutive)
Source : techcabal.com
PowerLabs
April 2026 · NigeriaPre-SeedUndisclosed amountEnergyLead
Activity : Commercial & industrial energy
PowerLabs builds Pai Enterprise, an AI-enabled energy orchestration platform that coordinates in real time the distributed energy sources (grid, generators, solar, batteries) of businesses across Nigeria and West Africa.
Why they invested
- Intelligent orchestration is essential to solving Africa's energy reliability challenge (Tosin Faniro-Dada, Breega)
- Commercial and industrial customers with an immediate energy-cost problem
Team
- Tobechukwu (Tobe) Arize — CEO, Co-Founder
- David Adebiyi — CTO, Co-Founder
Co-investors Catalyst Fund, Kaleo Ventures, Mercy Corps Ventures
Source : launchbaseafrica.com
Anda
November 2025 · AngolaSeed3.4 M$Financial servicesCo-Lead
Activity : Vehicle and productive-asset finance
Anda builds a technology platform to formalise Angola's vast, fragmented motorcycle-taxi industry (matching, payments, vehicle financing). First Angolan start-up backed by international venture funds.
Why they invested
- Large, unaddressed informal mobility market
- First international VC round in Angola: first-mover position
Team
- Sergio Tati — Co-Founder
- Joerg Nuehrmann — Co-Founder
Co-investors Speedinvest (Co-Lead)
Source : launchbaseafrica.com
Flow48
February 2025 · South AfricaSeries A69 M$EquityFinancial servicesLead
Activity : SME finance
Flow48 , a fintech company transforming SME financing, has raised USD 69 M in Series A funding to scale its operations across the UAE, South Africa, and Saudi Arabia.
Co-investors Daphni, Endeavor Catalyst, Evolution Ventures, Speedinvest
Source : weetracker.com
Socium
November 2024 · SenegalSeed5 M$EquitySaaSLead
Activity : Enterprise software (SaaS)
Senegal-based HR-tech startup Socium has raised $5 million in seed funding to expand its footprint across Francoph
Co-investors Chui Ventures, Evolem, Orange Ventures, Outlierz, Partech Africa, Sonatel, Super Capital, Techmind
Source : launchbaseafrica.com
Klasha
October 2024 · Nigeria2 M$EquityFintechCo-Invest
Co-investor alongside Alumni Ventures
Activity : Payments and mobile money
Klasha, a global cross-border payments company, has secured an additional USD 2 M in funding from Klasha’s existing investors, including Alumni Ventures , Practical VC , Breega , Expert Dojo , My Asia VC , Resilience 17 , and Magic Fund .
Co-investors Expert Dojo, Magic Fund, My Asia VC, Practical VC, Resilience17
Source : weetracker.com
Hohm
February 2024 · South AfricaSeed8 M$EquityEnergyCo-Invest
Co-investor alongside E3 Capital
Activity : Off-grid solar and solar kits
Johannesburg-based solar energy company Hohm Energy has raised USD 8 M in its seed round led by E3 Capital and 4DX Ventures.
Co-investors 4DX Ventures, Climate Capital Ventures, E4E Africa, Musha Ventures, Sunu Capital, Tekton Ventures, TO.org
Source : weetracker.com
Breega invests tickets ranging from 100 k$ to 69 M$, across the following sectors: Fintech, SaaS, E-commerce, Digital health, Logistics, Energy, Agribusiness, and Financial services, in the following areas: France, Morocco, Senegal, Côte d'Ivoire, Nigeria, Kenya, South Africa, Egypt, and Angola. Check in 30 seconds whether your company fits these criteria.
