The Ghanaian startup landscape is characterized by a dynamic interplay of venture capital funds, angel investors, and innovative entrepreneurs. As of 2025, the country's venture capital market has experienced remarkable growth, with startups raising an impressive $127 million in equity, debt, and grants across 31 deals in 2024 – a 95% increase in deal volume compared to the previous year. This surge in investment underscores the increasing confidence in Ghana's entrepreneurial talent and the potential of its innovative solutions. In this article, we have compiled a comprehensive list of top VC Funds and Angel Investors in Ghana that is part of the investment landscape in Ghana!
➡️ Download the full list of VCs and Angel Investors in 100+ countries!
Venture Capitalist Funds in Ghana
The venture capital firms below are actively looking for investments in promising companies throughout various stages and sectors. The stages stated do not limit the possibility of getting funding if your company is at any stage other than what is listed.
Year of Inception: 2008
Geographies: Africa
Stage: Pre Seed, Seed
Focus: Technology
Notable Portfolio: Medford, Decagon, Joovlin, Kilimo Fresh, Adsparo, Tendo
Year of Inception: 2020
Geographies: East and West Africa (Ghana, Kenya, Côte d'Ivoire, Madagascar, Togo, Nigeria, Egypt, South Africa)
Stage: Pre Seed, Seed
Focus: Technology
Notable Portfolio: Superfluid.Labs, Appruve, KudiGo
Year of Inception: 2022
Geographies: Africa
Stage: Pre Seed, Seed
Focus: Technology
Notable Portfolio: Mira, Chpter, TemboPlus, PipeOps, AutoSpend, BuuPass
Year of Inception: 2021
Geographies: Africa
Stage: Pre Seed, Seed
Focus: Technology, Female-founded
Notable Portfolio: Cleva, Knabu, Akiba, Uncover, Pivo, Healthtracka
Year of Inception: 2009
Geographies: Ghana
Stage: Seed, Series A
Focus: Sector Agnostic
Notable Portfolio: appsNmobile, Sonam, Everpure, Redrow Developments
Year of Inception: 2007
Geographies: Africa
Stage: Seed, Series A
Focus: Sector Agnostic
Notable Portfolio: Sevi, Talaty, Bulkbox, Appload, Konnect, Roam, Bosso
Year of Inception: 2008
Geographies: Africa
Stage: Seed, Series A
Focus: Technology
Notable Portfolio: Andela, Autochek, Chaka, mPharma, Nestcoin, Wapipay
Year of Inception: 2017
Geographies: Africa
Stage: Seed, Series A
Focus: Technology
Notable Portfolio: Andela, Aether, Carta, Flutterwave, mPharma, Sendbox
Year of Inception: 2019
Geographies: Africa, Ghana
Stage: Seed, Series A
Focus: Sector Agnostic, Female-founded
Notable Portfolio: -
Year of Inception: 2014
Geographies: Africa
Stage: Series A, Series B, Series C
Focus: Sector Agnostic
Notable Portfolio: GreenPath, BasiGo, Komaza, iProcure, mPharma
Year of Inception: 2009
Geographies: Ghana
Stage: Series A, Series B, Series C
Focus: Sector Agnostic
Notable Portfolio: DDP, NME, Zeepay
Year of Inception: 2014
Geographies: Kenya, Ivory Coast, Nigeria, Ghana, South Africa
Stage: Series A, Series B, Series C
Focus: Sector Agnostic
Notable Portfolio: Hubtel, Farmerline, FinAccess, eCampus
Year of Inception: 1997
Geographies: Africa
Stage: Series A, Series B, Series C
Focus: Renewable Energy, Financial Inclusion, Green Infrastructure, Scalable Enterprises
Notable Portfolio: Sundry Foods, Starsight, Arnergy Solar
Angel Investors in Ghana
Angel investors may act as an individual or as a syndicate to fund projects of their preference, so these networks are the best opportunity for you to find a potential Angel with an aligned vision and interests.
Stage: Pre Seed, Seed, Series A
Focus: Sector Agnostic
Notable Portfolio: -
Stage: Pre Seed, Seed, Series A
Focus: Sector Agnostic
Notable Portfolio: -
Stage: Pre Seed, Seed, Series A
Focus: Sector Agnostic
Notable Portfolio: -
Closing Thoughts on VCs and Angel Investors in Ghana
As Ghana's startup scene continues to mature, it's attracting increasing attention from global investors looking beyond traditional tech hubs. The country's growing youth population, expanding digital infrastructure, and supportive government policies are creating a fertile ground for innovation and investment. With this momentum, Ghana is poised to become a leading startup destination in Africa, offering exciting opportunities for both entrepreneurs and investors alike.
Find VCs and Angel Investors in African countries:
Frequently Asked Questions on VCs and Angel Investors in Ghana
What is the current state of Ghana's venture capital market?
Ghana's venture capital market is growing steadily, raising US$102 million in equity funding in 2024 (36% year-over-year increase). The Venture Capital Trust Fund (VCTF) aims to secure US$120 million by 2030. The government has allocated $14 million to support local venture capital funds, demonstrating commitment to entrepreneurial growth.
How does Ghana's VC market compare to other African countries?
While not as large as Nigeria or Kenya's markets, Ghana's VC ecosystem shows strong potential with positive economic growth, IMF support, and increasing investor interest. The country's stock market performance and focus on technology sectors make it an emerging player in African venture capital.
What sectors attract the most investment in Ghana?
Key sectors include:
FinTech and Financial Services
Mobile and Technology
Healthcare
Agriculture (AgTech)
Renewable Energy and Sustainability
What are typical investment ticket sizes in Ghana?
Investment ranges typically include:
Small enterprises: GH¢100,000 ($13,300)
Medium enterprises: Up to GH¢20 million ($2.67 million)
How do venture capital firms evaluate Ghanaian startups?
VCs focus on:
Tech-driven solutions for local challenges
Market potential and scalability
Innovation and digital transformation
Sustainability and social impact
Participation in ecosystem support programs
Target demographic and urbanization trends
Comments