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Partech Africa Fund II

Partech Africa · VC / Investment Fund
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About this opportunity

Partech Africa Fund II invests $1–10 million in tech-enabled African startups at Series A and early growth stage with proven traction. You need revenue, a strong founding team, and incorporation in an African country.

Partech Africa is a pan-African venture capital fund investing in tech-enabled startups across the continent. It targets Series A and early growth-stage companies with proven traction, providing equity investment alongside strategic support and access to Partech's global network. Ticket sizes typically range from $1 million to $10 million per deal.

Who can apply

  • Tech-enabled startups incorporated in any African country
  • Businesses at Series A or early growth stage with demonstrated revenue
  • Companies with founding teams that have a track record of building or scaling operations
  • Startups operating in technology, fintech, health, agriculture, or logistics sectors
  • Companies with proven market traction and product-market fit signals

Not eligible

  • Pre-revenue or idea-stage startups without demonstrated traction
  • Businesses not yet incorporated as legal entities
  • Companies operating outside Africa
  • Non-technology-enabled businesses or those outside the stated sectors

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Documents you will need

  • Pitch deck covering market size, business model, competitive advantage, and financial projections
  • Evidence of current revenue and customer traction (contracts, invoices, or statements)
  • Cap table showing founder equity splits and any prior investment rounds
  • Financial statements or projections for the past 12–24 months
  • Details of founding team members, their roles, and prior business or operational experience
  • Certificate of incorporation or business registration documents
  • Product or service demonstration materials (live demo link, screenshots, or user testimonials)

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How to apply, step by step

  1. Visit the Partech Africa Fund page on the Partech website to locate the application form or investment inquiry process
  2. Prepare your pitch deck and supporting financial documents showing revenue and customer traction
  3. Submit your application through the fund's designated portal or contact the Africa team directly with your materials
  4. The team will conduct an initial review; if your stage and metrics align, you will be invited to present to the investment committee
  5. Expect due diligence conversations covering your market, unit economics, team capability, and growth plans if selected to progress
Save and track it and we will email you 14 days, 7 days, 3 days, 24 hours and on the morning of the deadline.

How applications are selected

Partech Africa's team reviews applications to assess fit with their criteria: technology enablement, revenue traction, founding team strength, and sector focus. If initial metrics match their ticket size ($1–10 million) and stage, they schedule founder meetings. The team uses operational expertise and African networks to evaluate scalability potential. Timeline to first decision is typically 4–8 weeks from submission, depending on application completeness and team availability.

What reviewers look for

  • Show actual revenue numbers and customer acquisition cost, not projections. Partech invests in proven traction, not potential.
  • Demonstrate that your founding team has prior experience building or operating a business at scale, not just startup ideas.
  • Be specific about the African market problem you solve and why your business model works across the continent or in your target countries.
  • Prepare for questions on unit economics and path to profitability. Partech partners with founders on operational excellence, so they assess scalability realistically.
  • Highlight any regional or global partnerships, corporate customers, or distribution agreements that validate your business model.

Frequently asked questions

Do I need to be profitable to apply?

No, but you need proven revenue and traction. Partech invests in Series A and early growth companies on the path to profitability, not yet profitable ones.

Can I apply if my startup is incorporated outside Africa?

No. You must be incorporated in an African country. If your legal entity is registered elsewhere, you will need to establish a proper African subsidiary before applying.

What is the typical investment cheque size?

Partech typically invests between $1 million and $10 million per deal. Your funding need must fall within this range for a good fit.

How long does the process take from application to funding?

Typically 3–5 months from initial submission to closing, assuming strong fit and clean diligence. This includes initial review, founder meetings, due diligence, and term sheet negotiation.

Does Partech take board seats or require operational involvement?

Yes. Partech is a hands-on investor. As well as capital, the team provides strategic and operational support, leveraging their expertise and African networks. Expect active partnership, not passive investment.

Guide written from the official programme page on 15 October 2026. Funders change their rules, so confirm the details on the official page before you apply.

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