CRE Venture Capital

CRE Venture Capital is a New York-based venture capital firm established in 2015, with a dedicated focus on investing in early-stage technology companies that are poised to make a significant impact across Africa. The firm primarily targets Seed to Series A rounds, and occasionally Series B, backing innovative startups that leverage technology to address critical needs and capitalize on the continent's burgeoning digital economy. Their investment thesis often centers on sectors such as fintech, logistics, e-commerce, and consumer internet, identifying companies with strong leadership teams and scalable business models.

CRE Venture Capital is known for its hands-on approach, providing not only capital but also strategic guidance and access to a vast network to help its portfolio companies scale. The firm has successfully raised multiple funds, demonstrating its commitment and growing capacity within the African tech ecosystem. In 2022, CRE Venture Capital announced the final close of its second fund, CRE Africa Fund II, securing $60 million from a diverse group of institutional investors, development finance institutions, and family offices.

Their typical initial check sizes range from $500,000 to $5,000,000, with the capacity for significant follow-on investments as companies grow. The firm boasts an impressive portfolio of companies that have achieved substantial success and attracted further funding from global investors, including prominent names like Andela, Flutterwave, Paystack (acquired by Stripe), Yoco, Kuda, and Wave. CRE Venture Capital's strategic investments have played a crucial role in fostering the growth and innovation of Africa's technology landscape, solidifying its position as a key player in the region's venture capital scene.