E3 Capital logo

E3 Capital

Europe, Ile-de-France, France, Paris

Description

E3 Capital is a venture capital firm based in Paris, France, with a dedicated focus on early-stage companies developing smart infrastructure across the African continent. Established in 2018, the firm targets innovative businesses that leverage technology to address critical infrastructure deficits and foster sustainable economic growth in Africa. Their strategic presence extends across various African regions, underscoring their commitment to the continent's development.

The firm's investment thesis centers on the "next generation of smart infrastructure," encompassing key sectors such as energy, logistics, digital infrastructure, and smart cities. E3 Capital typically engages with companies at the Seed to Series A stages, seeking founders who are building scalable solutions that can significantly impact the African landscape. They look for ventures that are not only technologically sound but also have the potential to enable widespread economic advancement and improve quality of life.

E3 Capital provides more than just capital; they offer strategic guidance and access to an extensive network to help their portfolio companies scale effectively. Their initial investment cheques typically range from $500,000 to $2,000,000, demonstrating a commitment to providing substantial early-stage funding. The firm also maintains significant capacity for follow-on investments, indicating a long-term partnership approach with their portfolio companies as they grow and achieve their full potential.

Investor Profile

E3 Capital has backed more than 38 startups, with 4 new investments in the last 12 months alone. The firm has led 16 rounds, about 42% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Seed, Convertible Note rounds (top funding stages).
  • Majority of deals are located in Kenya, Congo, Democratic Republic of, Ghana.
  • Strong thematic focus on Energy, Solar, Financial Services.
  • Led 3 rounds in the past year.
  • Typical check size: $500K – $2M.

Stage Focus

  • Series A (26%)
  • Seed (26%)
  • Convertible Note (18%)
  • Series B (13%)
  • Series C (8%)
  • Series D (5%)
  • Series Unknown (3%)

Country Focus

  • Kenya (16%)
  • Congo, Democratic Republic of (13%)
  • Ghana (11%)
  • United Kingdom (11%)
  • South Africa (8%)
  • United States (8%)
  • Mauritius (8%)
  • Senegal (5%)
  • The Netherlands (5%)
  • Morocco (3%)

Industry Focus

  • Energy
  • Solar
  • Financial Services
  • Renewable Energy
  • Agriculture
  • Food And Beverage
  • Commercial Lending
  • Electronics
  • Food Processing
  • Clean Energy
circle-line
FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does E3 Capital frequently co-invest with?

FMO
Europe, Zuid-Holland, The Netherlands, The Hague
Co-Investments: 3
TotalEnergies Ventures
Europe, Ile-de-France, France, La Défense
Co-Investments: 3
Pymwymic
Europe, Noord-Holland, The Netherlands, Amsterdam
Co-Investments: 3
EDFI ElectriFI
Europe, Brussels Hoofdstedelijk Gewest, Belgium, Brussels
Co-Investments: 6
Acumen
North America, New York, United States, New York
Co-Investments: 3
Blue Haven Initiative
North America, Massachusetts, United States, Cambridge
Co-Investments: 5
Aster
Europe, Ile-de-France, France, Paris
Co-Investments: 12
Renewable Energy Performance Platform (REPP)
Europe, England, United Kingdom, London
Co-Investments: 4
Proparco
Europe, Ile-de-France, France, Paris
Co-Investments: 3
Investisseurs & Partenaires
Europe, Ile-de-France, France, Paris
Co-Investments: 5

Which angels does E3 Capital often collaborate with?

Christopher Leacock
North America, Trinidad and Tobago
Shared Deals: 1
Shared Deals: 1
Vinod Kumar
North America, Distrito Federal, Mexico, Mexico City
Shared Deals: 1

What are some of recent deals done by E3 Capital?

Open Access Energy

Cape Town, NA - South Africa, South Africa

Open Access Energy provides energy management software.

Renewable EnergySoftware
SeedJun 17, 2025
Amount Raised: $1,800,000
Cutstruct

Lagos, Lagos, Nigeria

Cutstruct is a digital construction materials marketplace transforming the way construction projects source materials.

ConstructionProcurementSoftware
SeedMay 26, 2025
Amount Raised: $1,500,000
Kofa

Accra, Greater Accra, Ghana

Kofa is an automotive company that utilizes the latest electric battery and motor technology.

CleanTechElectric VehicleSmart Cities
SeedApr 30, 2025
Amount Raised: $3,250,000
Insight Terra

London, England, United Kingdom

Insight Terra is a platform that helps in real-time monitoring and risk management of mine tailings and water.

AnalyticsInternet of ThingsRisk ManagementSoftware
Series AJan 21, 2025
Amount Raised: $5,700,000
Plentify

Cape Town, NA - South Africa, South Africa

Plentify connects home appliances to cheaper, cleaner energy.

EnergyEnergy Management
Series UnknownJul 22, 2024
YoLa Fresh

Casablanca, Grand Casablanca, Morocco

YoLa Fresh empowers smallholder farmers by connecting them to retailers, restaurants through a fresh produce B2B platform

AgricultureAgTechB2BE-CommerceFood and BeverageSupply Chain Management
SeedMay 30, 2024
Amount Raised: $7,000,000
Hohm Energy

Gauteng, NA - South Africa, South Africa

Hohm Energy is an online marketplace that connects customers with accredited solar providers, product suppliers, and financiers.

EnergyEnergy ManagementOnline PortalsSolar
SeedFeb 22, 2024
Amount Raised: $8,000,000
Untapped Global

San Francisco, California, United States

Untapped Global offers data-driven investment opportunities for global investors to finance high-growth businesses across emerging markets.

Asset ManagementFinancial ServicesFinTechImpact Investing
SeedSep 20, 2023
Amount Raised: $3,000,000
Nuru

Goma, Nord-Kivu, Congo, Democratic Republic of

Nuru is a renewable and environment company that specializes in the fields of storage micro-grids and solar energy.

EnergySolar
Series BJul 3, 2023
Amount Raised: $40,000,000
Nuru

Goma, Nord-Kivu, Congo, Democratic Republic of

Nuru is a renewable and environment company that specializes in the fields of storage micro-grids and solar energy.

EnergySolar
Convertible NoteMar 9, 2023
Amount Raised: $1,500,000