On.Capital
- Company typePrivate
- Founded2021
- HeadquartersParis, France
- Headcount1–10
- GTM typeB2B
- OfferingServices
On.Capital firmographics
Firmographics- Name
- On.Capital
- Legal name
- On.Capital SAS
- Website
- https://oncapital.vc
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
On.Capital industry classification
Industry- Product category
- Venture Capital and Impact Investing
- NAICS
- Other Investment Pools and Funds (5259), Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525)
- SIC
- Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Renewables & Energy Transition Funds (Solar, Wind, Hydrogen, CCUS) (FSANAEAD)
- akta.pro secondary industries
- Energy & Power Infrastructure Funds (Generation, Transmission, Storage) (FSANAEAB), Sustainable Infrastructure & Resilient Cities Funds (FSANAJAC), Sustainable Private Markets (Impact PE/VC, Private Credit, Infrastructure) (FSAAALAG), Impact Investment & Development Investment Funds (BPADACAO)
Keywords
Where On.Capital is headquartered
LocationHeadquarters
- HQ city
- Paris
- HQ country
- France
- HQ region
- Europe
Offices1 record
Markets served
On.Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales
Revenue model
- Fund Management: On.Capital earns fees through managing dedicated funds such as the $100 million Energy Go-Getters Fund and the $75 million Smart Energy Infrastructure fund, raising capital from private, public, and Africa-based investors.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
On.Capital product offering
Product offeringCore offering
On.Capital is a Paris-based advisory, fundraising, and investment firm that manages two dedicated funds — the $100 million Energy Go-Getters Fund (joint venture with Southbridge Investments) and a $75 million Smart Energy Infrastructure Fund — to deploy capital into African e-mobility and clean energy startups. It provides direct equity investments in early-stage and scale-up companies developing electric buses, electric two-wheelers, electric three-wheelers, battery swapping, and grid edge technologies, supplemented by industrialization support, software development partnerships, and strategic facilitation for portfolio companies.
Product overview
On.Capital is a Paris-based advisory, fundraising, and investment company specializing in smart infrastructure and e-mobility across Africa. The company operates two main investment vehicles: the Energy Go-Getters Fund (a USD 100 million joint venture with Southbridge Investments) focused on clean energy access and climate resilience, and a $75 million fund dedicated to Smart Energy Infrastructure and Climate Resilience in Africa. On.Capital's investment portfolio includes e-mobility companies such as BasiGo (electric buses in Kenya/Rwanda), STIMA (e-mobility SaaS for fleet management), and Solarbox Africa (electric 3-wheelers for last-mile logistics).
Differentiator
Problem solved
Functional benefit
Products and services
- Energy Go-Getters Fund A USD 100 million investment fund co-managed with Southbridge Investments, targeting clean energy access and climate resilience investments across Africa. The fund invests in energy access businesses ranging from early-stage startups to mature companies, with a focus on underserved African markets.
- $75m Smart Energy Infrastructure Fund A $75 million fund dedicated to accelerating Smart Energy Infrastructure and Climate Resilience in Africa, with investment focus on grid edge technologies and access to critical smart infrastructure services in frontier markets.
- BasiGo Investment Equity investment in BasiGo, a Kenyan e-mobility startup revolutionizing public transport in Africa through electric buses, with expansion into Rwanda.
- STIMA Investment Equity investment in STIMA, a Kenya-based SaaS platform for electric mobility and traditional fleet managers, providing smart energy infrastructure solutions enabling motorbike taxi drivers in sub-Saharan Africa to switch to electric two-wheelers.
- Solarbox Africa Investment Equity investment in Solarbox Africa, an electric 3-wheeler company providing solutions for last-mile logistics for FMCG and people transport in Senegal, with plans to expand to Nigeria and Kenya. The company manufactures and retrofits 3-wheeled vehicles with battery swapping capabilities.
Quantifiable outcome
- Fund targets universal energy access and climate resilience across the African continent, with a focus on underserved countries
Companies that use On.Capital
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles2 records
On.Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
On.Capital partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Wuri VenturesminorWuri Ventures incubated Solarbox Africa and is actively involved in its development. On.Capital invested as the first institutional investor in Solarbox Africa. Wuri Ventures' co-founder Tijan Watt serves as interim CEO of Solarbox.
Scale indicators3 records
Recent moves7 records
Expansion highlights6 records
On.Capital competitors and assessment
Company assessmentDirect peers
- Novastar Ventures: East Africa-focused early-stage VC investing in energy access, mobility, and financial inclusion. Highly comparable thesis and geographic focus to On.Capital, targeting similar founder profile and stage of company in African frontier markets.
- Acumen Capital Partners: Impact investment fund backing early-stage companies addressing poverty in East Africa and South Asia, including clean energy. Comparable as a fellow climate/impact investor deploying patient capital into African frontier-market startups.
- KawiSafi Ventures: Africa-focused clean energy venture fund backed by Shell Foundation and others, targeting off-grid solar and clean cooking. Comparable as a sector-focused Africa impact/energy investor with similar scale.
- Persistent Energy Capital: Africa-focused climate venture builder and fund manager supporting solar, energy access, and e-mobility startups. Directly comparable as a peer in the African climate venture capital space.
- Energy Access Ventures: $90M smart infrastructure fund with focus on distributed energy and e-mobility across Africa and Asia. Closely comparable — On.Capital's CEO Emmanuel Beau is actually a founding partner, making it the most direct peer.
Broad incumbents
- British International Investment (BII): UK development finance institution deploying billions into African and South Asian infrastructure, including clean energy. Comparable as a major institutional capital provider operating in On.Capital's space, often as a co-investor or LP.
- Sun King (Greenlight Planet): One of the largest off-grid solar and energy access companies in Africa with associated investment vehicles. Comparable as a scaled climate/energy player in On.Capital's target market and could be a portfolio company or competitor for its portfolio.
Others
- SouthBridge Group: Pan-African corporate and sovereign advisory firm with offices across Africa and Europe. Listed because On.Capital has both a JV and advisory relationship with SouthBridge, making it both a partner and a comparably positioned advisory/transaction platform in African climate finance.
Emerging players
- 2150 (Urban Sustainability VC): European VC fund focused on urban sustainability, climate, and real estate tech with thesis overlap on smart infrastructure and grid-edge technologies. Comparable on thematic climate/smart infrastructure investing, though more global/European in focus.
- EquatorVC: African climate tech venture fund targeting early-stage startups across mobility, energy, and climate adaptation. Closely comparable thesis and stage with similar Africa-climate focus, though operating from a different base.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights5 records
Customer concentration
On.Capital social profiles
Digital presenceOn.Capital compliance and trust
Trust signalCompliance1 record
On.Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
On.Capital leadership team
Management profileNumber of profiles
Profiles4 records
On.Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
On.Capital M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about On.Capital
What does On.Capital do?
On.Capital is a Paris-based advisory, fundraising, and investment firm that manages two dedicated funds — the $100 million Energy Go-Getters Fund (joint venture with Southbridge Investments) and a $75 million Smart Energy Infrastructure Fund — to deploy capital into African e-mobility and clean energy startups. It provides direct equity investments in early-stage and scale-up companies developing electric buses, electric two-wheelers, electric three-wheelers, battery swapping, and grid edge technologies, supplemented by industrialization support, software development partnerships, and strategic facilitation for portfolio companies.
Is On.Capital a public or private company?
On.Capital is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was On.Capital founded?
On.Capital was founded in 2021. It employs 1 to 10 people.
Where is On.Capital based?
On.Capital is headquartered in Paris, France, in the Europe region.
How does On.Capital make money?
One revenue line is on record: fund Management.
Who are On.Capital's main competitors?
Direct peers on record are Novastar Ventures, Acumen Capital Partners, KawiSafi Ventures, Persistent Energy Capital and Energy Access Ventures. Broad incumbents are British International Investment (BII) and Sun King (Greenlight Planet). SouthBridge Group is listed as an others. Emerging players are 2150 (Urban Sustainability VC) and EquatorVC.
Does On.Capital have an API?
No public API is recorded for On.Capital.
What industry is On.Capital in?
On.Capital's product category is Venture Capital and Impact Investing. Its primary akta.pro industry code is FSANAEAD, Renewables & Energy Transition Funds (Solar, Wind, Hydrogen, CCUS), with a secondary code of FSANAEAB, Energy & Power Infrastructure Funds (Generation, Transmission, Storage). Its NAICS code is 5259 and its SIC code is 6282.