Spotlight // Report
Build, Commercialise, Grow: A Playbook for Financing ClimateTech in Africa
In 2024, ClimateTech ventures captured one-third of all startup funding in Africa. Yet, much of the capital is concentrated in a few deals, across a few sub-themes, and just a handful of markets. This concentration highlights a deeper truth within Africa’s ClimateTech venture space: ClimateTech ventures require funding approaches that differ from traditional VC models, yet practical guidance is lacking. As a result, many ventures, especially science-based, women-led, or locally founded ones, face early-stage funding gaps, not due to quality, but because of a lack of knowledge on how to deploy, coordinate, and align funding strategies.
"Build, Commercialise, Grow"is a ClimateTech financing playbook funded by the GIZ Spark programme and implemented by Briter Bridges in partnership with Ventures 54…
Briter, Ventures 54, GIZ Spark, Global Gateway
August 1st, 2025
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Latest funding rounds captured
Breadfast (Egypt) raised $10.0m
from European Bank for Reconstruction and Development (EBRD), Novastar Ventures
Sun King (formerly Greenlight Planet) (United States of America) raised $156.0m
from undisclosed investors
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