Organization · Venture Capital
Marula Square
Marula Square is an Amsterdam-based venture capital firm focused on early-stage investments in Sub-Saharan Africa, particularly in Nigeria, Ghana, and South Africa. The firm supports innovative technology ventures in sectors such as education, healthcare, and agriculture.
Overview
What Marula Square does
What Marula Square is
Marula Square is an Amsterdam-based venture capital firm focused on early-stage investments in Sub-Saharan Africa, particularly in Nigeria, Ghana, and South Africa. The firm supports innovative technology ventures in sectors such as education, healthcare, and agriculture.
How it participates in the startup ecosystem
The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Venture Capital
- Founded
- Founded in 2021
- Approximate age
- About 5 years
- Structured capabilities
- Funder
- Last reviewed
- April 26, 2026
Official channels
Find Marula Square elsewhere
Open the official website or a supported primary organization account.
Capability profile
Marula Square as a funder
Investment thesis
Marula Square aims to catalyze Africa's growth by investing in sustainable enterprises that leverage demographic expansion and entrepreneurial energy, focusing on technology's role in enhancing education, healthcare, and agricultural productivity.
Focus narrative
Marula Square invests in ventures within education technology, quality healthcare, and agricultural productivity. The fund primarily targets businesses operating in South Africa, Nigeria, and Kenya, looking for highly motivated founding teams with complementary expertise and a business idea that addresses genuine problems. The organization emphasizes gender diversity within the teams it invests in.
Value beyond capital
Marula Square adds value to its portfolio companies by leveraging its network of professionals, including those from the Oxford Executive MBA program, to provide strategic guidance and operational support. This includes mentorship, governance assistance, and access to resources that enhance the growth potential of the ventures.
Terms and economics
- Typical check
- $100,000–$1,000,000
- Sweet spot
- $500,000
Focus and fit
- Stages
- Pre-seed · Seed · Seed+ · Series A
- Sectors
- EducationHealthcareFintech
- Regions
- Sub-Saharan Africa
Availability
- Currently deploying
- Yes
Portfolio and track record
- Recorded portfolio count
- 12
Portfolio context
Locumbase: Facilitates the placement of verified locums to practices, pharmacies, hospitals, and clinics across South Africa. Winich: Provides commerce infrastructure and embedded finance solutions for Nigeria's informal processors and retailers of agricultural produce. Zuri Health: Democratizes access to healthcare through tech solutions including SMS, Telehealth, and Web. Resolute: Addresses inefficiencies in Africa's agricultural supply chain by offering crop processing, financial services, and micro-insurance products to farmers. Releaf: Delivers banking services directly to farmers' mobile phones, providing access to farming inputs and services. One Health: Enhances healthcare accessibility and efficiency using advanced digital tools. Tibu Health: Reshapes healthcare access in Africa through an omnichannel platform for treatments and vaccinations. Farm to Feed: Tackles food waste in Kenya by promoting the use of imperfect produce. Pumpkn Jackfruit Finance: Offers simple and flexible business loans for agriculture and food SMEs in South Africa. Farm Works: Improves access to education finance and resources for private schools in East Africa. Malaica: Provides comprehensive prenatal and postnatal care services. Speech - Intron Health: Develops AI for speech recognition and text-to-speech optimized for African accents.
Common questions
What to know about Marula Square
Upseed classifies Marula Square under the Venture Capital organization type. Its current public profile includes funder capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
April 26, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.