Established in 2007, Renew Capital is an Africa-focused impact investment firm dedicated to backing innovative companies with high-growth potential. The firm manages investments on behalf of the Renew Capital Angels, a global network of angel investors, foundations, and family offices seeking financial returns alongside sustainable social impact. With headquarters in Denver, Colorado, and offices in Ethiopia, Rwanda, and Uganda, Renew Capital aims to transform how the world engages with Africa—from a paradigm of giving to one of investing.
Renew Capital is currently invested in Enterprises operating across 13 African countries, including Ethiopia, Rwanda, Uganda, and others. The firm focuses on early-stage tech and tech-enabled startups, providing capital, management development, and market access support to help companies scale and capture significant market share.
Eligibility
- Startups should be at the early stage, possessing a scalable business model and a clear path to revenue generation.
- Companies must offer innovative tech solutions that address significant challenges within their markets, demonstrating potential for substantial impact.
- A strong, dedicated, and diverse founding team with the necessary skills and experience to execute the business plan effectively.
- A clear understanding of the target market, including size, growth potential, and competitive landscape.
Investment Amount
Renew Capital’s investments typically average $193,000 per company.
Target
Early-Stage Tech and Tech-Enabled Startups leveraging technology to address challenges and create opportunities within African markets.
Focus Areas
Various industries that have the potential for high growth and significant social impact.