Renew Capital Overview
- Investor Type
-
Venture Capital
- Status
-
Active
- Professionals
-
22
- Investments
-
56
- Portfolio
-
42
- Exits
-
8
Renew Capital General Information
Company Description
Founded in 2007, Renew Capital is a venture capital firm based in Addis Ababa, Ethiopia. The firm prefers to invest in companies operating in the impact and technology sectors across Africa.
Business Details
Website
www.renewcapital.comYear Founded
Investor Status
Primary Investor Type
Other Investor Types
Corporate Office
- Galani Cafe, 2nd Floor, Jacros
- Addis Ababa
- Ethiopia
Renew Capital Investments (56)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Company Stage | Lead Partner |
|---|---|---|---|---|---|---|
| Konnect (Financial Software) | 16-Apr-2025 | Seed Round | Financial Software | Generating Revenue | ||
| Dabchy | 18-Feb-2025 | Information Services (B2C) | Generating Revenue | |||
| NjiaPay | 28-Jan-2025 | Financial Software | Startup | |||
| Sevi | 21-Jan-2025 | Financial Software | Generating Revenue | |||
| Affinity Africa | 30-Dec-2024 | Specialized Finance | Generating Revenue | |||
| Talaty | 19-Dec-2024 | Financial Software | Generating Revenue | |||
| ENAKL | 03-Dec-2024 | Application Software | Generating Revenue | |||
| Appload | 01-Dec-2024 | Business/Productivity Software | Generating Revenue | |||
| STIMA | 01-Nov-2024 | Early Stage VC | Business/Productivity Software | Generating Revenue | ||
| Octavia Carbon | 16-Oct-2024 | Seed Round | Other Equipment | Generating Revenue |
Renew Capital Exits (8)
| Company Name | Exit Date | Exit Type | Exit Size |
|---|---|---|---|
| Desta | 01-Aug-2023 | Secondary Transaction - Private | |
| Ethiopian Sesame Co. | 01-Sep-2022 | ||
| Krotaj Tahini Manufactures | 01-Sep-2022 | ||
| Mama Fresh Injera | 07-May-2022 | ||
| DVentus Technologies | 22-Dec-2020 | ||
| Metad | 01-May-2019 | ||
| ET Fresh | Secondary Transaction - Private | ||
| Queen of Sheba | Secondary Transaction - Private |
Renew Capital Investments by Industry, Year, and Region
Investments by Industry
Investments by Year
Investments by Region
Renew Capital Co-Investors (80)
| Name | With | Exits | Lead Partner | Series | Industry |
|---|---|---|---|---|---|
| Launch Africa Ventures | 4 |
|
|
||
| Ajim Capital |
|
|
|||
| Attijariwafa Bank |
|
|
|||
| Catalyst Fund |
|
|
|||
| Mercy Corps |
|
|
Renew Capital FAQs
-
What is Renew Capital?
Founded in 2007, Renew Capital is a venture capital firm based in Addis Ababa, Ethiopia.
-
When was Renew Capital founded?
Renew Capital was founded in 2007.
-
Where is Renew Capital headquartered?
Renew Capital is headquartered in Addis Ababa, Ethiopia.
-
What is Renew Capital's total asset value?
Renew Capital has around in total assets under management.
-
How many investments has Renew Capital made?
Renew Capital has made 56 investments.
-
What has Renew Capital invested in?
Renew Capital has made numerous investments in companies like Konnect (Financial Software), Dabchy, and NjiaPay within the Financial Software and Information Services (B2C) industries.
-
What has Renew Capital invested in recently?
Renew Capital's latest investment was on 16-Apr-2025 in Konnect (Financial Software), a company within the Financial Software industry.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »
