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Persistent

Europe, Zurich, Switzerland, Zürich

Description

Persistent, headquartered in Zürich, Switzerland, operates as a distinctive venture builder and investor dedicated to fostering impact ventures in underserved markets, primarily across Africa. The firm distinguishes itself through a hands-on approach, not merely providing capital but actively building and scaling companies that address critical challenges in climate-positive sectors. Their core mission revolves around leveraging entrepreneurial solutions to drive sustainable development and economic growth in regions often overlooked by traditional venture capital.

The firm's investment strategy is sharply focused on early-stage companies within the energy, e-mobility, and productive use sectors. Persistent targets ventures that offer innovative solutions to energy access, clean transportation, and economic empowerment. Their geographic emphasis on Africa underscores a commitment to addressing the continent's unique development needs and significant market opportunities for sustainable technologies. This strategic focus allows them to build deep expertise and networks within these specific domains and regions.

Persistent typically deploys initial equity investments ranging from $250,000 to $2 million, targeting seed to Series A rounds. Beyond the initial capital, they are prepared to make substantial follow-on investments, potentially committing up to $5 million per company, demonstrating a long-term commitment to their portfolio. This flexible investment structure allows them to support companies through various growth stages. Their model integrates strategic, operational, and financial support, working closely with founders to navigate market complexities and scale their operations effectively.

As an impact investor, Persistent places a strong emphasis on environmental, social, and governance (ESG) principles, aligning their investments with the UN Sustainable Development Goals. They are committed to generating measurable positive impact alongside financial returns, focusing on solutions that improve livelihoods, reduce carbon emissions, and promote sustainable resource management. Their unique venture builder model, combined with their impact-driven mandate, positions Persistent as a key player in the evolving landscape of climate finance and impact investing in emerging markets.

Investor Profile

Persistent has backed more than 21 startups, with 0 new investments in the last 12 months alone. The firm has led 17 rounds, about 81% of its total and boasts 1 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series Unknown, Seed, Series A rounds (top funding stages).
  • Majority of deals are located in South Africa, Germany, Ghana.
  • Strong thematic focus on Energy, Solar, Renewable Energy.
  • Typical check size: $250K – $2M.

Stage Focus

  • Series Unknown (48%)
  • Seed (29%)
  • Series A (19%)
  • Pre Seed (5%)

Country Focus

  • South Africa (10%)
  • Germany (10%)
  • Ghana (10%)
  • Cameroon (10%)
  • Switzerland (10%)
  • Uganda (5%)
  • Nigeria (5%)
  • United States (5%)
  • United Kingdom (5%)
  • Mauritius (5%)

Industry Focus

  • Energy
  • Solar
  • Renewable Energy
  • Energy Management
  • Clean Energy
  • Environmental Consulting
  • Financial Services
  • Online Portals
  • Internet Of Things
  • Information Technology
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FAQ

Frequently Asked Questions

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

Who does Persistent frequently co-invest with?

Musha Ventures
North America, New York, United States, New York
Co-Investments: 1
Great Stuff Ventures
Europe, Noord-Holland, The Netherlands, Amsterdam
Co-Investments: 1
Untapped
North America, California, United States, San Francisco
Co-Investments: 1
RaliCap
North America, California, United States, San Francisco
Co-Investments: 1
Colam Impact
Europe, Ile-de-France, France, Paris
Co-Investments: 1
BayWa r.e. Energy Ventures
Europe, Bayern, Germany, Munich
Co-Investments: 1
Rockstart
Europe, Noord-Holland, The Netherlands, Amsterdam
Co-Investments: 1
GAIA Impact Fund
Europe, Ile-de-France, France, Paris
Co-Investments: 2
Future Africa
North America, California, United States, San Francisco
Co-Investments: 1
Inco
Europe, Ile-de-France, France, Paris
Co-Investments: 2

What are some of recent deals done by Persistent?

EcoNetix

Kampala, Kampala, Uganda

EcoNetix is a provider of dMRV technology.

Information TechnologyInternet
SeedFeb 21, 2024
Circadian Technologies GmbH

Berlin, Berlin, Germany

Accelerating the energy transition by transforming decentralized energy for businesses in frontier markets

Energy ManagementInternet of ThingsSaaS
SeedOct 18, 2023
Amount Raised: $1,317,225
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
SeedAug 1, 2022
Amount Raised: $500,000
Solar Taxi Ghana

Kumasi, Ashanti, Ghana

Solar Taxi Ghana is an application that provides various electronic vehicles that are powered by solar energy.

Ride SharingSolarTransportation
SeedJul 4, 2022
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
SeedJan 1, 2022
TRí

Dar Es Salaam, Dar es Salaam, Tanzania

TRí develops and sells electric vehicles, batteries, storage and charging systems.

AutomotiveAutonomous VehiclesInternet of Things
SeedJan 1, 2021
CarbonClear

Copenhagen, Hovedstaden, Denmark

CarbonClear is an online platform that provides an off-grid solar program to reduce carbon emissions.

BlockchainData IntegrationDatabaseSolar
Series UnknownJan 1, 2021
upOwa

Yaoundé, Centre, Cameroon

upOwa provides easy access to clean energy for people who live with no access to the national grid in Cameroon.

Clean EnergyEnergyEnvironmental Consulting
Series ADec 13, 2019
Amount Raised: $2,780,125
Daystar Power

Ebène, Plaines Wilhems, Mauritius

Daystar Power specialises in providing solar power and energy efficiency solutions for businesses.

ElectronicsEnergySolar
Series AMar 21, 2019
Amount Raised: $10,000,000
ASOBO

Nairobi, Nairobi Area, Kenya

ASOBO is creating a sustainable platform for e-mobility on the water in emerging markets.

Clean EnergyEnergyRenewable Energy
Series UnknownJan 1, 2019