Super Capital Debuts MEA Fund Backed by AUTO24 CEO Axel Peyriere

Super Capital, the Paris-based angel investment platform, is expanding its reach into Africa and the Middle East, launching a dedicated investment vehicle to back early-stage founders in the region.

The new initiative, called the MEA Club, will deploy between €100k and €250k per startup, with a target of investing in ten companies per year. Backing the effort is Axel Peyriere, cofounder and CEO of African online car marketplace AUTO24.africa, who joins as a venture partner to help lead the expansion.

“Africa and the Middle East are home to exceptional entrepreneurial talent and rapidly growing tech ecosystems,” said Corentin Orsini, cofounder of Super Capital. “We want to build long-term bridges between European investors and emerging-market founders.”

The move comes as European capital providers increasingly eye emerging markets for both growth potential and diversification. While venture capital activity in European hubs like London, Berlin, and Paris has seen a slowdown, early-stage activity in Africa, in particular, has remained relatively resilient, despite global market headwinds.

Founder-first, sector-agnostic

Super Capital says it will take a “founder-first” approach to the new fund, offering not just financial backing but also strategic and operational support through its growing network of European investors. The fund will focus on sectors including fintech, healthtech, logistics, mobility, SaaS, and consumer services.

“We’re not just providing financial support — we’re backing visionary founders with hands-on involvement and long-term commitment,” Peyriere said. 

The MEA Club will also seek to facilitate follow-on funding rounds and support international expansion for portfolio companies, leveraging Super Capital’s investor network of business angels and family offices.

Who is Super Capital?

Founded by Corentin Orsini, Thibaut Gimenez, and Frédéric Baecke, Super Capital has carved out a niche in Europe by offering curated investment opportunities to high-net-worth individuals and experienced angel investors. The firm operates as a club deal platform rather than a traditional venture fund, pooling capital on a deal-by-deal basis.

The expansion into Africa and the Middle East reflects a broader trend of European early-stage investors seeking exposure to what they view as undercapitalised but promising startup ecosystems.

While many international investors have struggled to build consistent local networks in these regions, Super Capital’s partnership with Peyriere — who has been active in Africa’s tech scene for years — could offer it a foothold in sourcing credible, scalable startups.

The first investments under the MEA Club banner are expected to be announced later this year.

Source: Launch Base Africa