Early-stage investor active in pre-seed rounds in Africa (co-investor alongside Breega in PowerLabs, 2026).
At a glance
Based on observed investment behaviour: 8 recorded deals
- Investor type
- Private equity or venture capital fund (inferred, not verified)
- Capital type
- Venture capital (inferred from deals)
- Observed ticket
- 1 M$ – 9 M$, median 1.6 M$ (5 disclosed amounts)
- Stated ticket : 50 k$ – 500 k$
- Countries
- Nigeria (6), Ghana (1), Kenya (1)
- Activities
- Commercial & industrial energy (1), Data and AI (1), E-learning and online courses (1)
- Instruments
- Equity (6)
- Stages
- Pre-Seed (4), Seed (2), Series A (2)
- Recent activity
- 2 deals in 12 months, latest Sept 2026
Stated thesis versus observed behaviour
- Sectors: 38% of its deals within its stated thesis
- Countries: 100% of its deals within its stated thesis
- Ticket: 0% 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
- 50 k$ – 500 k$
- Instruments
- Equity
- Preferred sectors
- Energy, Agribusiness, Digital health, Infrastructure (all), Water & environment*, Real estate*, Telecoms & digital infrastructure*, Transport & civil engineering*, E-commerce*, Edtech*, Manufacturing*, SaaS*, Financial services*
- Target geographies
- Nigeria, Ghana, Kenya
* added from its deals
- Stages (stated by the fund and from its deals)
- Pre-SeedSeedSeries A
Recent public deals: they say better than a thesis what the fund actually signs.
ChipMango
September 2026 · NigeriaSeed1.9 M$EquityManufacturingCo-Invest
Co-investor alongside Atlantica Ventures
Activity : Electronics and appliances
ChipMango , the California-headquartered semiconductor tech company that designs chips and trains engineers, has closed a $1.9 million seed round to expand its commercial engineering work and workforce development platform across Africa and other markets.
Co-investors DFS Labs, Madica, Malta Ventures, Trilinear Technologies
Source : techcabal.com
PowerLabs
April 2026 · NigeriaPre-SeedUndisclosed amountEnergyCo-Invest
Co-investor alongside Breega
Activity : Commercial & industrial energy
PowerLabs builds Pai Enterprise, an AI-enabled energy orchestration platform that coordinates in real time the distributed energy sources (grid, generators, solar, batteries) of businesses across Nigeria and West Africa.
Why they invested
- Intelligent orchestration is essential to solving Africa's energy reliability challenge (Tosin Faniro-Dada, Breega)
- Commercial and industrial customers with an immediate energy-cost problem
Team
- Tobechukwu (Tobe) Arize — CEO, Co-Founder
- David Adebiyi — CTO, Co-Founder
Co-investors Catalyst Fund, Mercy Corps Ventures
Source : launchbaseafrica.com
Chowdeck
August 2025 · NigeriaSeries A9 M$EquityE-commerceCo-Invest
Co-investor alongside Novastar Ventures
Activity : Online retail
Chowdeck, the YC-backed Nigerian on-demand delivery platform, has raised $9 million in Series A funding to launch a quick commerce strategy and expand into more cities in Nigeria and Ghana.
Co-investors AAIC, GFR Fund, HoaQ, Rebel Fund, Y Combinator
Source : techcabal.com
PBR Life Sciences
December 2024 · NigeriaPre-Seed1 M$EquitySaaSCo-Invest
Co-investor alongside Octerra Capital
Activity : Data and AI
PBR Life Sciences develops anonymized healthcare data and AI solutions for pharmacies and healthcare stakeholders across Africa.
Why they invested
- Develop healthcare data solutions.
- Expand from Nigeria into other African markets.
- Use AI to improve healthcare data.
Co-investors ARM Labs, Launch Africa Ventures, Microtraction
Source : thecondia.com
Billboxx
December 2024 · NigeriaPre-Seed1.6 M$Financial servicesCo-Invest
Co-investor alongside Norrsken22
Activity : Leasing and factoring
Billboxx, a Nigerian fintech offering invoicing and cash flow solutions to Small and Medium businesses (SMEs) has raised a $1.6 million pre-seed funding round.
Co-investors 54 Collective, Afrinovation Ventures, P2Vest
Source : techcabal.com
Lingawa
November 2024 · NigeriaPre-Seed1.1 M$EquityEdtechCo-Invest
Co-investor alongside Voltron Capital
Activity : E-learning and online courses
Nigeria-based edtech company Lingawa , formerly TopSet , has raised USD 1.1 M in pre-seed funding to advance its African language learning platform.
Co-investors Mastercard Foundation, WEAV Capital, Zrosk Investment Management
Source : weetracker.com
Samaking
November 2024 · KenyaSeedUndisclosed amountEquityAgribusinessCo-Invest
Co-investor alongside Delta40
Activity : Fisheries and aquaculture
Instrument : Early equity investment and follow-on investment
Company developing a fish retail chain and aggregation platform linking farmers and fisherfolk to markets. It aims to improve cold-chain infrastructure and market access.
Why they invested
- Fish is positioned as a low-carbon protein source.
- The model improves market access for smallholder farmers and fisherfolk.
- Technology helps structure the supply chain and support franchise-based expansion.
Source : delta40.comN1 · Primary source
Series AUndisclosed amountEquityEnergyCo-Invest
Co-investor alongside Partech Africa
Activity : Power transmission and distribution
Vehicle : Partech Africa
Beacon Power Services provides data and grid management solutions (AI-enabled mapping, real-time monitoring) to help African power distribution utilities operate more efficiently.
Why they invested
- Digitalization of African power utilities, an underinvested sector
- Multi-country presence (Nigeria, Ghana, Kenya, Zambia)
- Co-investment with DFIs (Proparco, Finnfund)
Co-investors Clermount, Finnfund, Gaia Impact, Global Brain, JGC MIRAI Innovation Fund, On.Capital, Proparco, Seedstars Africa Ventures
Source : partechpartners.comN1 · Primary source
Kaleo Ventures invests tickets ranging from 50 k$ to 500 k$, across the following sectors: Energy, Agribusiness, Digital health, Infrastructure (all), Water & environment, Real estate, Telecoms & digital infrastructure, Transport & civil engineering, E-commerce, Edtech, Manufacturing, SaaS, and Financial services, in the following areas: Nigeria, Ghana, and Kenya. Check in 30 seconds whether your company fits these criteria.
