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Equator Africa Fund

Strategic pillar: Mobilising capital
Customer group: Financial solutions
Region: Africa
Partner since: 2023
Joint partners BII
Technology: Multiple

About

Equator is a venture capital fund that focuses on climate tech investments in sub-Saharan Africa. The Fund invests in early-stage startups working to reduce carbon emissions and build climate resilience to drive inclusive economic growth across sub-Saharan Africa. It supports Seed and Series A-stage, tech-enabled ventures in the sectors of energy, agriculture, and mobility through early-stage equity-investing, an overlooked phase in their funding journey. Equator works closely with sister organisation Factor[e].

Project Focus

Shell Foundation provided first loss capital to Equator for its first fund, focused on African climate tech startups, to anchor the fund structure and mobilise additional senior equity into the Fund.