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Top 50 B2B Startup Investors in Kenya (September 2026)

The most active venture capital funds and angel investors investing in Kenya B2B startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Kenya B2B startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Musha Ventures
VC Fund
6 United States, Nigeria, Kenya Seed, Pre-Seed, Series A Software, Financial Services, FinTech $100k–$10M
Antler
VC Fund
4 Singapore, Australia, United Kingdom Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $100k–$29M
4DX Ventures
VC Fund
3 Egypt, South Africa, United States Seed, Pre-Seed, Series A FinTech, Financial Services, Logistics $50k–$40M
Presight Capital
VC Fund
2 United States, United Kingdom, Germany Seed, Series A, Series B Biotechnology, Health Care, Financial Services $2M–$125M
Sunu Capital
VC Fund
2 Kenya, United States, Nigeria Seed, Series A, Pre-Seed Health Care, FinTech, Information Technology $50k–$23M
Microtraction
VC Fund
2 Nigeria, United States, Ghana Pre-Seed, Seed, Angel Financial Services, FinTech, Software $30k–$1.3M
The A to Z Impact Foundation
VC Fund
2 Kenya, Nigeria, United States Debt Financing, Seed Health Care, B2B, Retail $125k–$1.8M
Ventures Platform
VC Fund
2 Nigeria, United States, Kenya Seed, Pre-Seed Financial Services, FinTech, Internet $100k–$4M
Right Side Capital Management
VC Fund
2 United States, Canada, United Kingdom Seed, Pre-Seed, Convertible Note Software, SaaS, Health Care $50k–$2M
James Waugh
Angel
2 Kenya Seed B2B, FinTech, Payments $50k–$4.9M
Chandaria Capital
VC Fund
2 Kenya, Nigeria, United States Seed, Series A, Pre-Seed E-Commerce, Financial Services, FinTech $200k–$37M
Flourish Ventures
VC Fund
2 United States, India, Brazil Series A, Seed, Series B FinTech, Financial Services, Finance $1.3M–$65M
Vasiliy Shapovalov
Angel
2 Kenya, United States, Cayman Islands Seed, Angel, Pre-Seed Cryptocurrency, Decentralized Finance (DeFi), B2B $50k–$4.9M
Logos Ventures
VC Fund
2 Kenya, Nigeria, United States Seed, Pre-Seed Financial Services, B2B, Fashion $750k–$4.5M
FirstCheck Africa
VC Fund
2 Kenya, Nigeria, United States Pre-Seed, Seed Consumer, Payments, Financial Services $100k–$4.5M
Flori Ventures
VC Fund
2 United States, United Kingdom, Israel Seed, Pre-Seed, Series A Blockchain, Cryptocurrency, FinTech $100k–$11M
Hustle Fund
VC Fund
2 United States, Singapore, Canada Seed, Pre-Seed, Series A Software, FinTech, Financial Services $100k–$25M
Enza Capital
VC Fund
2 Kenya, Nigeria, South Africa Seed, Series A, Venture - Series Unknown Financial Services, E-Commerce, FinTech $1M–$31M
GMC coLABS
VC Fund
1 Kenya, Tanzania Seed, Pre-Seed B2B, Mobile, Consumer
Darshan Chandaria
Angel
1 Kenya, United States Seed, Pre-Seed Software, B2B, SMS $73k–$285k
Mato Perić
Angel
1 Germany, India, United Kingdom Seed, Series A, Pre-Seed Financial Services, FinTech, E-Commerce $2M–$100M
Yago Arbeloa
Angel
1 Spain, United States, Kenya Seed, Angel, Convertible Note Apps, E-Commerce, Internet
Kua Ventures
VC Fund
1 Kenya Seed, Pre-Seed, Venture - Series Unknown EdTech, Retail, Grocery $58k–$94k
MPGI
VC Fund
1 Germany, India, United Kingdom Seed, Series A, Pre-Seed Financial Services, FinTech, E-Commerce $2M–$100M
Future Africa
VC Fund
1 Nigeria, United States, Kenya Seed, Pre-Seed, Series A Financial Services, FinTech, Information Technology $100k–$40M
Jigsaw VC
VC Fund
1 United Kingdom, India, Kenya Series A, Seed, Series B Financial Services, FinTech, Software $2.7M–$100M
Village Global
VC Fund
1 United States, United Kingdom, India Seed, Pre-Seed, Series A Software, Artificial Intelligence, Financial Services $250k–$22M
Mercy Corps Ventures
VC Fund
1 Kenya, United States, Nigeria Seed, Pre-Seed, Series A Financial Services, FinTech, Agriculture $100k–$35M
Loyal VC
VC Fund
1 United States, Canada, United Kingdom Pre-Seed, Seed Artificial Intelligence, Software, FinTech $20k–$2.5M
LocalGlobe
VC Fund
1 United Kingdom, United States, France Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $1M–$30M
Leonard Stiegeler
Angel
1 Nigeria, South Africa, United States Seed, Angel, Pre-Seed FinTech, Financial Services, B2B $1.3M–$6M
Africa Climate Ventures
VC Fund
1 Kenya Seed B2B, Farming, Industrial
Speedinvest
VC Fund
1 United Kingdom, Germany, Austria Seed, Series A, Pre-Seed Software, FinTech, Financial Services $411k–$33M
468 Capital
VC Fund
1 United States, Germany, Singapore Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $500k–$42M
CFAO GROUP
VC Fund
1 Kenya, Senegal Seed, Series A B2B, Apps, Delivery
Savannah Fund
VC Fund
1 Kenya, United States, South Africa Seed, Series A, Pre-Seed E-Commerce, FinTech, Software $25k–$8M
Winshall Walt
Angel
1 United States, Kenya Seed, Pre-Seed, Series A Mobile, B2B, SMS $1.1M–$2.2M
DOEN Participaties
VC Fund
1 The Netherlands, United States, United Kingdom Seed, Series A, Venture - Series Unknown Agriculture, Solar, Renewable Energy $547k–$53M
Sherpa Africa Partners
VC Fund
1 Kenya, Nigeria, South Africa Pre-Seed, Seed, Venture - Series Unknown Financial Services, FinTech, Finance $50k–$6M
Foundamental
VC Fund
1 United States, India, Germany Seed, Series A, Pre-Seed Construction, Software, Real Estate $533k–$26M
Stellar Development Foundation
VC Fund
1 United States, Kenya, Singapore Grant, Seed, Pre-Seed Financial Services, FinTech, Blockchain $20k–$9.9M
LAVA
VC Fund
1 United States, Kenya, Belgium Seed, Pre-Seed Payments, B2B, FinTech $1.6M–$4.9M
FrontEnd Ventures
VC Fund
1 Kenya Pre-Seed, Seed Travel, Software, Marketing $675k–$1.3M
Kaleo Ventures
VC Fund
1 Nigeria, United States, Kenya Pre-Seed, Seed, Series A Financial Services, Information Technology, FinTech $25k–$15M
54 Collective
VC Fund
1 Kenya, Nigeria, South Africa Seed, Pre-Seed Health Care, Information Technology, FinTech $40k–$2M
Raba Partnership
VC Fund
1 United States, South Africa, Egypt Seed, Pre-Seed, Series A Financial Services, FinTech, Finance $600k–$32M
TLcom Capital Partners
VC Fund
1 Nigeria, United States, United Kingdom Series A, Seed Software, Mobile, Information Technology $1.9M–$20M
Visa
VC Fund
1 United States, Canada, United Kingdom Series B, Grant, Series C FinTech, Financial Services, Payments $7.3k–$100M
DOB Equity
VC Fund
1 Kenya, Tanzania, Rwanda Private Equity, Seed Food and Beverage, Farming, Agriculture $1M–$3.8M
elea Foundation for Ethics in Globalization
VC Fund
1 India, Kenya, Mexico Seed, Series A E-Commerce, Agriculture, Food and Beverage $100k–$4.5M
Access all 73 investors in Kenya B2B startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Musha Ventures
VC Fund · New York, New York, United States · 6 investments in Kenya B2B startups

Seed capital for technology startups globally.

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Investment focus

  • Industry: Software, Financial Services, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Nigeria, Kenya

Investor stats

  • Total investments: 213
  • Round size: Seed $120k–$7.5M; Pre-Seed $100k–$3M; Series A $2.5M–$10M
  • Lead/follow: 2% lead, 98% follow

Portfolio highlights

  • HoneyCoin — HoneyCoin is a web3/web2 ecosystem of products built in a way that abstracts complexity and brings all the value of web3 and web2 to the forefront.
  • Zeno — Zeno is a climate conscious motor company that offers eco-friendly motorcycles.
  • Lori Systems — Lori Systems is revolutionizing African logistics through innovative technology solutions. We connect shippers, transporters, and drivers to create efficient, reliable, and transparent supply chains across Africa.
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Antler
VC Fund · Singapore, Central Region, Singapore · 4 investments in Kenya B2B startups

Build your next company with Antler, a global day zero investor enabling exceptional founders to start great companies, from the very beginning. Apply now!

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Singapore, Australia, United Kingdom

Investor stats

  • Total investments: 2372
  • Round size: Seed $158k–$4.5M; Pre-Seed $100k–$587k; Series A $4.1M–$29M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely actively investing — fresh fund, raised $7.5M in 2026

Portfolio highlights

  • Two — Buy Now, Pay Later for your business customers. Two makes it easy and safe to offer invoice as a payment method on your e-commerce site.
  • Forti Foods — The mission of Forti Foods is to enhance communities and change lives beyond the plate by fostering resilience and dignity via sustainable food innovation.
  • RubiLabs — RubiLabs Inc provides a platform for unifying, monitoring, and analyzing organizational data. RubiLabs software enables analysts and operators across risk, compliance, and security teams to collaborate and interpret large volumes of information in real time. The company’s platform is designed to help institutions make sense of complex, fragmenteddata by transforming it into a coherent operational picture for risk detection, continuous monitoring, and investigative workflows.
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4DX Ventures
VC Fund · Brooklyn, New York, United States · 3 investments in Kenya B2B startups

4DX Ventures is a Pan-Africa Focused Venture Capital Firm. Our mission is to connect people, ideas, and capital to create a vibrant African community.

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Investment focus

  • Industry: FinTech, Financial Services, Logistics
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Egypt, South Africa, United States

Investor stats

  • Total investments: 99
  • Round size: Seed $456k–$8M; Pre-Seed $50k–$6.5M; Series A $3M–$40M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely still investing — raised $49M in 2024

Portfolio highlights

  • Anda Africa — Anda is Angola’s leading mobility fintech platform, providing asset financing, ride hailing, and delivery services to empower mobility entrepreneurs. Built for emerging markets, Anda bridges the credit gap by financing productive assets such as motorcycles, tricycles, and cars, enabling drivers to own their vehicles, increase their earnings, andenter the formal economy. Through technology driven credit profiling and fully digitized payments, Anda creates financial identities for people who were previously underserved and unlocks responsible access to financial services. As an impact driven company, Anda brings together mobility, financing, and digital payments to deliver safe, affordable, and inclusive transportation while enabling a new generation of financially empowered entrepreneurs.
  • Aether Bio — Aether uses its state of the art platform to rapidly engineer enzymes, enabling our customers to manufacture complex and novel products at fractional cost.
  • Aethex — End to end voice agents localized for your market.
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Presight Capital
VC Fund · Los Angeles, California, United States · 2 investments in Kenya B2B startups

A simple static landing page for Presight Capital.

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Investment focus

  • Industry: Biotechnology, Health Care, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Kingdom, Germany

Investor stats

  • Total investments: 144
  • Round size: Seed $2M–$10M; Series A $10M–$70M; Series B $11M–$125M
  • Lead/follow: 11% lead, 89% follow
  • Last fund: May invest from a new fund soon — raised $400M in 2021

Portfolio highlights

  • Tern Group — Tern Group is an AI Platform to hire and relocate top healthcare talents globally, faster and cheaper. TERN is a full-stack solution to source and relocate top-tier medical and engineering talent from India, North Africa, South Africa, and Central Asia and the approach ensures a seamless, ethical, and transparent migration process, drasticallycutting complexity and shaving costs for healthcare systems.
  • Peptilogics — Peptilogics is a biotechnology platform company that develops best-in-class novel peptide drugs for unmet medical needs using its proprietary computational discovery platform.
  • Alloy Therapeutics — Alloy Therapeutics empowers scientists with access to pre-competitive biologics drug discovery technologies and services across 6 modalities
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Sunu Capital
VC Fund · 2 investments in Kenya B2B startups

SUNU Capital is an early-stage venture capital fund investing in companies that are creating a more prosperous, inclusive, and self-sustaining future across the global south.SUNU makes tailored investments to help companies pursue game-changing opportunities and realize their vision. Post-investment, we draw upon our network to offer additionalcapacity and capital that helps businesses grow and prepare to access follow-on investments. We move swiftly and responsively. They commit long-term. We love a good challenge.​

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Investment focus

  • Industry: Health Care, FinTech, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Kenya, United States, Nigeria

Investor stats

  • Total investments: 16
  • Round size: Seed $50k–$23M; Pre-Seed $50k–$2M; Series A $3.6M–$18M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Thepeer — API infrastructure for businesses
  • Nandi Labs — Nandi Labs, Home of Nandi Cowry, Digital FESTAC and MoveMint Magazine
  • Hohm Energy — We make the process of going solar simple. Generate your free, custom solar proposal and get matched with an accredited solar provider in under 5 mins.
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Microtraction
VC Fund · Lagos, Lagos, Nigeria · 2 investments in Kenya B2B startups

We invest in Africa's most remarkable teams with technical founders at the earliest stage of their venture

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Nigeria, United States, Ghana

Investor stats

  • Total investments: 106
  • Round size: Seed $30k–$1.3M; Angel $30k–$50k; Pre-Seed $50k–$1.1M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: Likely still investing — raised $15M in 2022

Portfolio highlights

  • Growwr — Growwr is an AI-native workforce infrastructure platform building the operating system for global work.Its flagship product, Growwr AI, acts as an intelligent hiring agent that helps companies source, screen, evaluate, and hire talent through conversational workflows instead of manual recruiting processes. Companies can describe a role, definehiring priorities, and automatically receive ranked candidates based on verified skills, work history, and performance data.Beyond hiring, Growwr provides integrated global payment infrastructure that enables companies to pay talent across 180+ countries through cards, bank transfers, mobile money, and local payment rails.Because hiring, work, and payments happen inside one system, Growwr continuously generates verified workforce data around earnings, productivity, reliability, and work consistency. The company is leveraging this infrastructure to build workforce financial services including payroll, invoicing, credit scoring, and access to financial products for professionals in emerging markets.Growwr supports 90,000+ users across 15 countries, has processed over millions in payouts, and serves businesses across Africa, the UK, and the US.The company is building the AI and financial infrastructure layer powering the future of global work.
  • Paycrest — Decentralized routing protocol for instant, secure, zero-fee payments in emerging markets.
  • Cr3dentials — Embedded financing for neobanks
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The A to Z Impact Foundation
VC Fund · 2 investments in Kenya B2B startups

Impact-First Investing A to Z happily sacrifices financial returns on its investments in exchange for shared prosperity and positive societal outcomes. These investments empower underserved communities, leading to better jobs, improved health, and a higher quality of life.

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Investment focus

  • Industry: Health Care, B2B, Retail
  • Stage:Debt Financing, Seed
  • Geography: Kenya, Nigeria, United States

Investor stats

  • Total investments: 9
  • Round size: Debt Financing $125k–$1.8M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Cropsafe — Cropsafe provides comprehensive agricultural services to maximize profitability and sustainability for smallholder farmers and rural women. It also offers pre- and post-harvest needs, access to proper harvest preservation and storage facilities, handling equipment, processing, access to markets, and agricultural training and development programs.
  • BluLever Educations — Join the artisans & apprentices who are building the future. At BluLever Education you can build your career, business, or the artisan ecosystem with an education partner that believes in artisans. Welcome to our digital home. We offer plumbing and electrical apprenticeships.
  • INNOVA Health Supplies — The mission of INNOVA Health Supplies is to guarantee that everyone has access to safe and efficient solutions for their needs related to sexual and reproductive health.
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Ventures Platform
VC Fund · Abuja, Federal Capital Territory, Nigeria · 2 investments in Kenya B2B startups

We back founders building the future of Africa. We invest in companies that solve for non-consumption, plug infrastructural gaps and democratise prosperity in Africa, by eliminating the barriers for access and reducing the costs of delivering goods and services.

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Investment focus

  • Industry: Financial Services, FinTech, Internet
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 171
  • Round size: Seed $100k–$4M; Pre-Seed $100k–$2M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: Likely actively investing — fresh fund, raised $84M in 2025

Portfolio highlights

  • Myka.Insure — Myka is a insurance sales platform that enables individuals to sell insurance policies to their family, friends, colleagues, and community while earning income . It operates as a micro-entrepreneurship program where anyone (students, gadget sellers, car dealers, parents, retirees) can start their own insurance business with zero investment,flexible hours, and free training . The company is licensed by the National Insurance Commission of Nigeria and provides instant payouts to its partners .
  • Cybervergent — Cybervergent is a technology company that specializes in providing top-notch cybersecurity solutions to businesses and organizations.
  • Traction Apps — Traction apps provide businesses end to end tools they need to run and grow their businesses.
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Right Side Capital Management
VC Fund · San Francisco, California, United States · 2 investments in Kenya B2B startups

Systematic Pre-Seed Startup Capital

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Investment focus

  • Industry: Software, SaaS, Health Care
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 1881
  • Round size: Seed $50k–$2M; Pre-Seed $50k–$450k; Convertible Note $50k–$400k
  • Lead/follow: 3% lead, 97% follow
  • Last fund: Likely actively investing — fresh fund, raised $55M in 2025

Portfolio highlights

  • tbh — tbh is a developer of a mobile application designed to provide anonymous feedback to friends. The company's mobile application facilitates asking or answering questions, open text fields and invite abuse when combined with anonymity, enabling users to say things without repercussions and feel better about themselves from the positive feedbackon social networks.
  • Vidrovr — Vidrovr develops multimodal computer vision and machine learning systems to index, tag, and understand video. It processes videos with specific domain constraints, such as in sports, government, and media verticals. Its technology enables its users to search an indexed video corpus and retrieve content inside videos and link it to other media likephotos and text.The company Integrates social media to enable direct interactions between multimedia content. Vidrovr was founded in 2016 and is headquartered in New York.
  • Experio AI — Turn contracts, proposals, and expertise into instant searchable intelligence. Win more, ramp faster, never lose knowledge. Enterprise AI for services.
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James Waugh
Angel · 2 investments in Kenya B2B startups

James Waugh - Head of Business Development @ CanYa

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Investment focus

  • Industry: B2B, FinTech, Payments
  • Stage:Seed
  • Geography: Kenya

Investor stats

  • Total investments: 2
  • Round size: Seed $50k–$4.9M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • HoneyCoin — HoneyCoin is a web3/web2 ecosystem of products built in a way that abstracts complexity and brings all the value of web3 and web2 to the forefront.
Show all investments...

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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Chandaria Capital
VC Fund · Nairobi, Nairobi Area, Kenya · 2 investments in Kenya B2B startups

KOITOTO merupakan akses login situs toto togel 4D resmi dan link slot gacor terpercaya menyediakan akses super cepat serta permainan terlengkap dengan tingkat kemenangan tinggi setiap hari.

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Investment focus

  • Industry: E-Commerce, Financial Services, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Kenya, Nigeria, United States

Investor stats

  • Total investments: 51
  • Round size: Seed $250k–$6M; Pre-Seed $200k–$3M; Series A $2M–$37M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Klub — India's leading Revenue Based Financing platform with a vision to revolutionize growth capital. Join the Klub for fast, fair & flexible funding.
  • Nuzo — Nuzo offers cheaper payments and crypto rewards and ways to save and earn with staking and bill pay options.
  • African Originals — African Originals food and beverage company that offers authentic African craft beverages using traditional reciepies.
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Flourish Ventures
VC Fund · Redwood City, California, United States · 2 investments in Kenya B2B startups, 16 in the past 12 months

We are an early-stage global venture capital firm investing in fintech founders.

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Investment focus

  • Industry: FinTech, Financial Services, Finance
  • Stage:Series A, Seed, Series B
  • Geography: United States, India, Brazil

Investor stats

  • Total investments: 242
  • Round size: Seed $1.3M–$8.5M; Series A $5.5M–$25M; Series B $10M–$65M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: Likely still investing — raised $350M in 2023

Portfolio highlights

  • Cauridor — Cauridor is a Financial Services company.
  • Stream — Stream is a company that helps make payments simpler, faster, and reliable.
  • Jurisphere — Jurisphere.ai is an enterprise-grade AI platform tailored for law firms and in-house legal teams, integrating document review, legal research, drafting, and workflow automation into a unified workspace. The company's platform uses attorney verified AI workflows to surface relevant cases and insights from large volumes of legal documents,generate and refine contract drafts.
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Vasiliy Shapovalov
Angel · Peyia, Paphos, Cyprus · 2 investments in Kenya B2B startups

Vasiliy Shapovalov

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Investment focus

  • Industry: Cryptocurrency, Decentralized Finance (DeFi), B2B
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Kenya, United States, Cayman Islands

Investor stats

  • Total investments: 6
  • Round size: Seed $50k–$4.9M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Drop — Breathing new life into the Interchain through liquid staking. Proud member of the @LidoFinance Alliance. https://t.co/P4rK2hzcTd
  • HoneyCoin — HoneyCoin is a web3/web2 ecosystem of products built in a way that abstracts complexity and brings all the value of web3 and web2 to the forefront.
  • OneBalance — Connecting institutions to next generation financial markets
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Logos Ventures
VC Fund · 2 investments in Kenya B2B startups

Logos Ventures is a venture capital investment firm.

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Investment focus

  • Industry: Financial Services, B2B, Fashion
  • Stage:Seed, Pre-Seed
  • Geography: Kenya, Nigeria, United States

Investor stats

  • Total investments: 8
  • Round size: Seed $1.7M–$4.5M; Pre-Seed $750k–$1M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Chargel — Chargel is a freight brokerage platform that connects shippers and carriers with available loads.
  • Shop Zetu — Shop the latest trendy fashion, beauty and accessory brands in Kenya online! Discover affordable clothing, footwear, accessories, beauty products and more. Order today from Shop Zetu.
  • Jumba — Jumba is the trusted digital partner for hardware stores. Through tech, we support hardware stores to grow. Run your hardware business with Jumba OS. Build your financial record. Access the credit you need to grow.
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FirstCheck Africa
VC Fund · Lagos, Lagos, Nigeria · 2 investments in Kenya B2B startups

FirstCheck Africa is an early believer for a generation of African women in tech. We invest early, with high conviction, in high-growth female-led startups with category-leadership potential.

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Investment focus

  • Industry: Consumer, Payments, Financial Services
  • Stage:Pre-Seed, Seed
  • Geography: Kenya, Nigeria, United States

Investor stats

  • Total investments: 9
  • Round size: Seed $1M–$4.5M; Pre-Seed $100k–$3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Jumba — Jumba is the trusted digital partner for hardware stores. Through tech, we support hardware stores to grow. Run your hardware business with Jumba OS. Build your financial record. Access the credit you need to grow.
  • Uncover — Dermatologist-tested K-Beauty formulas powered by African botanicals for melanin-rich skin. Shop SPF 50 sunscreen, serums & kits with free Kenya shipping.
  • Cleva — For anyone with global financial needs, A US-based dollar account in your name to receive, hold, and save USD.
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Flori Ventures
VC Fund · San Francisco, California, United States · 2 investments in Kenya B2B startups

More than a seed-stage fund and a portfolio of startups: Our community of founders taps into the power of financial innovation to collaborate around global problems and unlock prosperity for all.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, United Kingdom, Israel

Investor stats

  • Total investments: 106
  • Round size: Seed $250k–$11M; Pre-Seed $100k–$3.5M; Series A $2.8M–$11M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Mento Labs — Mento is bringing FX onchain. We provide institutions with access to onchain FX at real-world rates.
  • Learn.xyz — Learn.xyz’s is a mixture of Duolingo and Wikipedia, powered by AI, creating bite-sized “Curiosities” which feature slides and a quiz, in mere seconds just from taking in a user’s question. Find the app on iOS and Android.
  • Thrive Protocol — Thrive Protocol's vision is to maximize value creation for all people and communities.
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Hustle Fund
VC Fund · San Carlos, California, United States · 2 investments in Kenya B2B startups

Hustle Fund is a seed fund that invests in early-stage startups operating in software, business-to-business, fintech, and digital health sectors.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Singapore, Canada

Investor stats

  • Total investments: 544
  • Round size: Seed $750k–$6M; Pre-Seed $100k–$2.5M; Series A $4M–$25M
  • Lead/follow: 5% lead, 95% follow
  • Last fund: Likely actively investing — fresh fund, raised $33M in 2025

Portfolio highlights

  • BON Credit — AI powered financial assistant from Bon Credit helps uncover savings, manage finances, and make smarter money decisions with AI. Start saving smarter today!
  • EquityList — Equity management with online cap table management and employee stock option programs (ESOP) administration. Available free for Indian startups
  • Orbital Sentry — Orbital Sentry delivers real-time wildfire detection and continuous geostationary monitoring to protect communities, reduce losses, and power next-generation risk intelligence. Our persistent infrared data helps insurers, governments, and first responders act faster and build true climate resilience
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Enza Capital
VC Fund · Nairobi, Nairobi Area, Kenya · 2 investments in Kenya B2B startups, 6 in the past 12 months

Venture investor in high-growth Founders and Teams using technology to solve large and meaningful problems across Africa

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Investment focus

  • Industry: Financial Services, E-Commerce, FinTech
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Kenya, Nigeria, South Africa

Investor stats

  • Total investments: 53
  • Round size: Seed $1M–$8M; Series A $3.6M–$31M; Venture - Series Unknown $2.6M–$17M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: Likely still investing — raised $58M in 2023

Portfolio highlights

  • Yakeey — Yakeey is an end-to-end transactional marketplace that radically simplifies the experience of buying, selling and renting real estate.We leverage on data and technology to connect all real estate market players through a state of the art platform, create a chain of trust and powerful network effects and accelerate transactions.Yakeey is builton a community of real estate advisors, YakeeyPRO, to deliver a continuous professional and tailored service at every step of the transaction.
  • Orca Fraud — Orca empowers fraud fighters with effective tools to combat fraud
  • Aethex — End to end voice agents localized for your market.
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GMC coLABS
VC Fund · 1 investments in Kenya B2B startups

Investment focus

  • Industry: B2B, Mobile, Consumer
  • Stage:Seed, Pre-Seed
  • Geography: Kenya, Tanzania

Investor stats

  • Total investments: 2
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Taimba Limited — Taimba is a B2B mobile-based platform connecting farmers to urban traders with aim of reducing food wastage and to stabilize market prices.
  • WomenChoice Industries — WomenChoice Industries is a manufacturer and distributor of low-cost, affordable, reusable sanitary towels.
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Darshan Chandaria
Angel · 1 investments in Kenya B2B startups

Darshan Chandaria is the Group CEO and Director of Chandaria Industries. He previously worked at Pentland Brands Plc as a Graduate Trainee. Darshan Chandaria attended Harvard Business School.

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Investment focus

  • Industry: Software, B2B, SMS
  • Stage:Seed, Pre-Seed
  • Geography: Kenya, United States

Investor stats

  • Total investments: 5
  • Round size: Seed $73k–$285k
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Leta — Leta Technology is a software development company that creates supply chain and logistics software to enable the efficient and automated movement of goods.
  • Bamba — Today, organizations spend a lot of money on physical data gathering exercises using old-fashioned paper-based methods. These methods result in expensive, severely delayed and incomplete data . With Bamba, a client can launch a data collection exercise anywhere in the world simply from the comfort of their web browser and the client can ensureindividuals respond with complete answers by paying those individuals for that data with mobile airtime in 122 different countries thus far.
  • Cloud9 - Africa's Lifestyle Network — Cloud9xp.com is a online marketplace and booking service for leisure experiences.We believe that everyone deserves to have fun, feel good and be happy. We believe happiness starts with a drop, becomes a ripple and creates a wave. We believe happiness is amplified when shared.Put simply, Cloud9 is in the business of happiness and are passionateabout giving people more #HighOnLIfe moments.All of our products; across apparel, consumer electronics and lifestyle items are authentic, and we only work with the most upstanding, and energetic brands in the world to bring you the best possible products.
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Mato Perić
Angel · London, England, United Kingdom · 1 investments in Kenya B2B startups

Mato invests in technology companies globally. His portfolio companies have raised over US$ 5 billion in capital, employ >15,000 people and have operations in 35 countries across six continents.

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Investment focus

  • Industry: Financial Services, FinTech, E-Commerce
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Germany, India, United Kingdom

Investor stats

  • Total investments: 55
  • Round size: Seed $2M–$10M; Pre-Seed $3M–$6M; Series A $8M–$100M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Faro — Every garment deserves to be worn. Leveraging technology and a specialised supply chain, FARO enables brands to offload obsolete inventory through stores in non-core markets, ensuring complete traceability throughout the process.
  • Tern Group — Tern Group is an AI Platform to hire and relocate top healthcare talents globally, faster and cheaper. TERN is a full-stack solution to source and relocate top-tier medical and engineering talent from India, North Africa, South Africa, and Central Asia and the approach ensures a seamless, ethical, and transparent migration process, drasticallycutting complexity and shaving costs for healthcare systems.
  • Bamba — Today, organizations spend a lot of money on physical data gathering exercises using old-fashioned paper-based methods. These methods result in expensive, severely delayed and incomplete data . With Bamba, a client can launch a data collection exercise anywhere in the world simply from the comfort of their web browser and the client can ensureindividuals respond with complete answers by paying those individuals for that data with mobile airtime in 122 different countries thus far.
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Yago Arbeloa
Angel · Madrid, Madrid, Spain · 1 investments in Kenya B2B startups

Yago Arbeloa - President @ MIOGROUP

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Investment focus

  • Industry: Apps, E-Commerce, Internet
  • Stage:Seed, Angel, Convertible Note
  • Geography: Spain, United States, Kenya

Investor stats

  • Total investments: 20
  • Lead/follow: no public data

Portfolio highlights

  • Balio — Personal Finance Manager and Investing
  • Gloop — Gloop manufactures edible and 100% sustainable cutlery by providing environment friendly alternative for single-use plastic.
  • Luda Partners — Luda Partners is a neural network of pharmacies generating new sources of income and reducing shortages.
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Kua Ventures
VC Fund · Westlands, Nairobi Area, Kenya · 1 investments in Kenya B2B startups

Kua Ventures provides inexpensive finance, mentoring, and community to faith-driven, social entrepreneurs that are creating great employment and changing lives while simultaneously demonstrating Christ's love.

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Investment focus

  • Industry: EdTech, Retail, Grocery
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Kenya

Investor stats

  • Total investments: 18
  • Round size: Venture - Series Unknown $58k–$94k
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Twiva — Twiva is a creator-first, tech-enabled platform that serves as an end-to-end ecosystem. Our purpose is to equip creators with the skills, tools, resources, and access they need to succeed as online entrepreneurs.
  • Taimba Limited — Taimba is a B2B mobile-based platform connecting farmers to urban traders with aim of reducing food wastage and to stabilize market prices.
  • Seven Twenty Holdings — Seven Twenty Holdings specializes in the manufacturing of curtain rods and curtain rods accessories and manufactures paints.
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MPGI
VC Fund · London, England, United Kingdom · 1 investments in Kenya B2B startups

MPGI is a private holding that invests in disruptive technology companies globally. Its portfolio companies have collectively raised over US$ 2.5 billion in capital, employ over 8,000 people and have operations in 30 countries across six continents.

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Investment focus

  • Industry: Financial Services, FinTech, E-Commerce
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Germany, India, United Kingdom

Investor stats

  • Total investments: 48
  • Round size: Seed $2M–$10M; Pre-Seed $3M–$6M; Series A $8M–$100M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Bamba — Bamba is an android application allowing micro-merchants across Africa to run their entire business utilizing their phones. It focuses on simple tools for merchants to manage their customers, get paid, payout as well as takeout cash advances against their future cash flow.
  • Lilo — Lilo is the first invest-and-experience platform offering the most sought-after properties around the world.
  • Bamba — Today, organizations spend a lot of money on physical data gathering exercises using old-fashioned paper-based methods. These methods result in expensive, severely delayed and incomplete data . With Bamba, a client can launch a data collection exercise anywhere in the world simply from the comfort of their web browser and the client can ensureindividuals respond with complete answers by paying those individuals for that data with mobile airtime in 122 different countries thus far.
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Future Africa
VC Fund · San Francisco, California, United States · 1 investments in Kenya B2B startups

Future Africa is a collective of mission-driven founders and funders building unicorns to solve Africa’s biggest challenges. They are build a future where purpose and prosperity are within everyone’s reach.

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 92
  • Round size: Seed $500k–$4M; Pre-Seed $100k–$3.7M; Series A $7M–$40M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • STEM Cafe — STEMCafe by RVRB is a fun out of school learning centre for kids
  • Juicyway — The new shape of money? Fluid. Access global currencies with Juicyway. Buy, sell, hold, and pay globally using our fast APIs, web, or mobile apps. Download now.
  • Lori Systems — Lori Systems is revolutionizing African logistics through innovative technology solutions. We connect shippers, transporters, and drivers to create efficient, reliable, and transparent supply chains across Africa.
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Jigsaw VC
VC Fund · St. Helier, NA - Jersey, Jersey · 1 investments in Kenya B2B startups

Jigsaw VC website

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Series A, Seed, Series B
  • Geography: United Kingdom, India, Kenya

Investor stats

  • Total investments: 25
  • Round size: Seed $2.7M–$7.1M; Series A $5M–$40M; Series B $25M–$100M
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • Lawhive — LawHive provides local UK solicitors for half the cost of a law firm. Connect with licensed solicitors online. Use any computer or smartphone.
  • Goodstack — Fundraise now for the cause your care about most.
  • Yonder — A modern lifestyle credit card packed with rewards, no foreign exchange fees, and loads more. Apply without needing a UK credit score.
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Village Global
VC Fund · San Francisco, California, United States · 1 investments in Kenya B2B startups, 21 in the past 12 months

Early stage venture capital backed by some of the world's best entrepreneurs.

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Investment focus

  • Industry: Software, Artificial Intelligence, Financial Services
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, United Kingdom, India

Investor stats

  • Total investments: 514
  • Round size: Seed $1.5M–$10M; Pre-Seed $250k–$3.5M; Series A $7M–$22M
  • Lead/follow: 20% lead, 80% follow
  • Last fund: May invest from a new fund soon — raised $125M in 2021

Portfolio highlights

  • microagi — Accelerating embodied AGI
  • Legato Audio — Legato Hearing develops stylish glasses with built-in hearing technology, offering a discreet alternative to traditional hearing aids.
  • Cast Insights — Cast Insights is an AI-powered platform that turns global spoken content—TV, radio, podcasts, livestreams—into structured, searchable real-time intelligence for investors, policy teams, strategists, and newsrooms.
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Mercy Corps Ventures
VC Fund · Portland, Oregon, United States · 1 investments in Kenya B2B startups

Mercy Corps Ventures invests in and catalyzes venture-led solutions to increase the resilience of underserved individuals and communities. Founded in 2015 as the impact investing arm of global development agency, Mercy Corps, supports over 57 early-stage ventures to scale and raise over $515 million in follow-on capital. Their portfolio centersaround resilience-building solutions in adaptive agriculture and food systems, inclusive climate fintech, and climate-smart technologies so that those living in frontier markets can withstand disruption and plan for the future. Through capital and support, piloting new approaches, action-oriented insights, and rigorously managing impact, they catalyze the ecosystem toward smarter, more impactful investments.

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Investment focus

  • Industry: Financial Services, FinTech, Agriculture
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Kenya, United States, Nigeria

Investor stats

  • Total investments: 73
  • Round size: Seed $330k–$5.3M; Pre-Seed $100k–$7M; Series A $2.5M–$35M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Logidoo — Logidoo is a digital logistics marketplace-designed company that markets shuttles through smart logistics. The company's platform, which provides rapid, dependable, secure, and economical logistics, allows users to compare offers for sending and receiving items and to track parcels in real-time.
  • Meridia — De-risk the sourcing, procurement, trading & compliance of commodities under the EUDR.
  • ReForest Latam — ReForest Latam is an biotech company restoring ecosystems and creating forests to fight climate change.
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Loyal VC
VC Fund · Toronto, Ontario, Canada · 1 investments in Kenya B2B startups, 6 in the past 12 months

Loyal runs a global venture fund with quarterly redemptions and a proprietary gate-stage process, reducing investment bias and unlocking greater returns. Partnered with INSEAD, Founder Institute, and 500+ advisors, we are Loyal to the world with 250+ investments in 50+ countries.

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Investment focus

  • Industry: Artificial Intelligence, Software, FinTech
  • Stage:Pre-Seed, Seed
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 194
  • Round size: Seed $142k–$2.5M; Pre-Seed $20k–$1.2M
  • Lead/follow: 12% lead, 88% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Dehurdle — Practice high-stakes conversations with real-time AI. Instant speaking pace and competency feedback with zero voice storage.
  • Vireo Capital — Vireo provides software for deal diligence, fund administration, and portfolio monitoring at private market investment firms.
  • Hyperbond Studio — Hyperbond Studio builds AI-driven games and interactive experiences, including the Call Me Sensei app. We combine technology and emotion to create unforgettable digital worlds.
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LocalGlobe
VC Fund · London, England, United Kingdom · 1 investments in Kenya B2B startups

Seeding ambitious founders at places like @citymapper, @improbableio,@teamkano, @moo, @songkick,@seedcamp, @transferwise and @zoopla since 1999. Who's next?

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Kingdom, United States, France

Investor stats

  • Total investments: 422
  • Round size: Seed $1.6M–$12M; Pre-Seed $1M–$3.3M; Series A $4.2M–$30M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: Likely still investing — raised $500M in 2022

Portfolio highlights

  • nPlan — AI that forecasts project outcomes, creates scenarios of the future and helps mitigate risk across single projects and portfolios. Trained on over 750,000 past programmes.
  • Stream — Stream is a financial services firm that allows employees to stream their earned wages into their accounts through an instant app. The app allows them to have complete control over when they get paid. It also effectively ends the need for employee advances, loans, and employee stress suffered from short-term, unplanned financial obligations. Thecompany aims to play a key role in reducing the poverty premium and preventing employees from entering cycles of debt caused by overdraft fees, high-interest credit, or payday loans.
  • microagi — Accelerating embodied AGI
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Leonard Stiegeler
Angel · Lagos, Lagos, Nigeria · 1 investments in Kenya B2B startups

Leonard Stiegeler is an entrepreneur & investor in projects unlocking potential. Educated in Europe, he founded companies across EMEA and is now investing globally. He is passionate to develop opportunities with & for others. The companies he co-founded include Jumia, now a leading eCommerce company in Africa and Pulse, now a leading mediacompany in Africa. His investments include Paystack, Flutterwave, Scalable Capital, Conversion and many more. Dedicated to creating trusted connections to enable potential, he founded two networks - Africa Collective, focused on elevating the continent's role globally, and Counder, focused on enabling visionary leaders embrace emerging trends & regions collectively.

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Investment focus

  • Industry: FinTech, Financial Services, B2B
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Nigeria, South Africa, United States

Investor stats

  • Total investments: 8
  • Round size: Seed $1.3M–$6M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Faro — Every garment deserves to be worn. Leveraging technology and a specialised supply chain, FARO enables brands to offload obsolete inventory through stores in non-core markets, ensuring complete traceability throughout the process.
  • Bamba — Today, organizations spend a lot of money on physical data gathering exercises using old-fashioned paper-based methods. These methods result in expensive, severely delayed and incomplete data . With Bamba, a client can launch a data collection exercise anywhere in the world simply from the comfort of their web browser and the client can ensureindividuals respond with complete answers by paying those individuals for that data with mobile airtime in 122 different countries thus far.
  • Finclusion Group — Enhancing financial inclusion in Sub-Saharan Africa through data driven lending.
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Africa Climate Ventures
VC Fund · 1 investments in Kenya B2B startups

We build climate unicorns in Africa Our Thesis Climate action is reshaping the global economy Consumers are shifting towards climate-friendly products.Governments, aiming for net-zero, are shifting policy and committing billions of dollars to climate action.New technologies, processes, and energy sources are being developed, revolutionizing markets and redefining country resource endowments.Carbon markets are flourishing, fostering new business

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Investment focus

  • Industry: B2B, Farming, Industrial
  • Stage:Seed
  • Geography: Kenya

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Safi Organics — Safi Organics provides quality organic fertilizers to farmers.
  • Great Carbon Valley — Great Carbon Valley: A systems and project developer harnessing East African Rift Valley's potential for direct air capture, storage, and green industry hubs.
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Speedinvest
VC Fund · Vienna, Wien, Austria · 1 investments in Kenya B2B startups

Speedinvest is a globally active European venture capital firm built on a simple belief: many move more. From six offices across EMEA, our sector-focused investment teams back relentless founders from pre–Seed to Growth with long-term conviction, providing day-one access to our global network of corporate customers, experts, industry leaders, andtop-tier follow-on investors to scale smarter and faster. Building lasting companies like Bitpanda (Austria), Moove (Nigeria), Gigs (U.S.), Tide (UK), ARX Robotics (Germany), Wayflyer (Ireland), GoStudent (Austria), Seqera Labs (Spain), and Cylib (Germany) — together. Big ideas may start with one. But scaling and winning take The Power of More.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Kingdom, Germany, Austria

Investor stats

  • Total investments: 662
  • Round size: Seed $798k–$7.9M; Pre-Seed $411k–$3.8M; Series A $4.1M–$33M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely still investing — raised $372M in 2022

Portfolio highlights

  • Findery — Find and leave notes anywhere in the world, discover local knowledge, hidden secrets, and exciting stories. Share your travel knowledge, geoblog, or local news!
  • GAMINSIDE — GAMINSIDE revolutionizes your relationship with your customers. As European full service provider, we deliver the complete package with solutions, services and software for gamified loyalty that is tailor-made and unique to your products, brands and customers. Integrate the best ideas from gamification and customer loyalty in your business areato exceed your commercial targets with GAMINSIDE.
  • Polaron — Material Design. Supercharged with AI.
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468 Capital
VC Fund · Berlin, Berlin, Germany · 1 investments in Kenya B2B startups

468 Capital is an investment firm that focuses on identifying and managing opportunities in various markets. The firm employs a systematic approach to investment analysis and portfolio management. It collaborates with a range of partners to support its investment strategies. The company serves industries including technology, healthcare, andrenewable energy.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Germany, Singapore

Investor stats

  • Total investments: 229
  • Round size: Seed $2.3M–$12M; Pre-Seed $500k–$3.8M; Series A $9M–$42M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: Likely still investing — raised $400M in 2022

Portfolio highlights

  • Relixir — Relixir is AI Generative Engine Optimization (GEO) assistant that maps, monitors and improves AI search rankings.
  • Pally — Pally is an AI Agent for your network.
  • ARC Intelligence — ARC Intelligence operates as a supplier of data systems driven by AI for small and medium-sized businesses.
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CFAO GROUP
VC Fund · France, Idaho, United States · 1 investments in Kenya B2B startups

CFAO is a multinational company engaged in the sale of manufactured goods

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Investment focus

  • Industry: B2B, Apps, Delivery
  • Stage:Seed, Series A
  • Geography: Kenya, Senegal

Investor stats

  • Total investments: 4
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Teliman — Teliman has launched the very first on-demand taxi-moto service in Bamako, connecting urban commuters with professional drivers (trained, equipped and fully insured) in Africa’s fastest growing capital (Bamako). Rather than “disrupting” the local eco-system, Teliman aims at developing innovative solutions to create shared value for a communitywhere public transportation is highly insufficient and 600,000+ passengers struggle every day to commute. Having gained the trust of Toyota Tsusho Corporation (via CFAO) and local investors in pre-seed, Teliman aims to provide a safe, convenient and affordable solution for Mali and West-Africa.
  • Kai Senegal — Kai Senegal is a digital ride-hailing app that connects customers with drivers and a fleet management solution that allows private owners and institutional investors to buy and maintain high-quality vehicles.
  • Touch Group — Touch Group is a financial aggregator which provides payments and digital services through mobile application, web and API.
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Savannah Fund
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in Kenya B2B startups

Savannah Fund is a seed capital fund specializing in US$25,000-US$500,000 investments in early stage high growth technology (web and mobile) startups in sub-Saharan Africa. Initially focused on East Africa, the fund aims to bridge the early stage/angel and venture capital investment gap that currently exists in Africa. The Fund expects toachieve this objective by combining capital with mentor networks both in the region and from Silicon Valley via an accelerator program and a follow-on independent seed fund.The fund is managed by an experienced and technology savvy team that have founded companies or are actively involved in angel investing or having run successful accelerator programs in past but also understand the unique Subsaharan African environment. They are backed and supported by both local, regional and international networks of angels,venture capitalists whose expertise we can draw on to help startups succeed and scale to fully fledged regional or global companies.They believe in the potential for Africa to become a global technology innovator by creating sustainable for profit companies that create jobs and make an impact.

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Investment focus

  • Industry: E-Commerce, FinTech, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Kenya, United States, South Africa

Investor stats

  • Total investments: 41
  • Round size: Seed $25k–$3.3M; Pre-Seed $200k–$2.1M; Series A $750k–$8M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: May invest from a new fund soon — raised $25M in 2021

Portfolio highlights

  • Aya Data — Aya Data provides high-quality data annotation, AI training data, 3D annotations, machine learning solutions and also specialises in geospatial, NLP and computer vision projects.
  • Kubik — Kubik makes low-carbon buildings from plastic waste. Bringing environmental dignity to how countries grow.
  • Hohm Energy — We make the process of going solar simple. Generate your free, custom solar proposal and get matched with an accredited solar provider in under 5 mins.
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Winshall Walt
Angel · 1 investments in Kenya B2B startups

Winshall Walt

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Investment focus

  • Industry: Mobile, B2B, SMS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Kenya

Investor stats

  • Total investments: 4
  • Round size: Seed $1.1M–$2.2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Voatz — Voatz uses cutting edge technology to enable secure and accessible mobile voting from anywhere.
  • StoryFit — Earlier audiences' insights empower your content and improve its performance. StoryFit's AI technology platform helps you understand the true value of your
  • Percent Pledge — Promote corporate philanthropy in your workplace with Percent Pledge. Learn about our Workplace Giving Platform, Employee Volunteer Programs, and impact reports.
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DOEN Participaties
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Kenya B2B startups

As the impact investment arm of the DOEN Foundation, DOEN Participaties invests in innovative, early stage companies whose mission is to make an environmental and social impact.

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Investment focus

  • Industry: Agriculture, Solar, Renewable Energy
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: The Netherlands, United States, United Kingdom

Investor stats

  • Total investments: 51
  • Round size: Seed $547k–$2.2M; Series A $1.8M–$27M; Venture - Series Unknown $1.4M–$53M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Orbisk — One-third of all food produced (worldwide) is wasted. Orbisk helps professional kitchens to get a grip on their food waste.
  • PAKT — PAKT specializes in the industrial sorting and washing of glass packaging, offering large-scale cleaning services to support the reuse of glass containers. With a focus on sustainability, PAKT aims to contribute to a world without waste by promoting the circular economy. The company's services are designed to meet the needs of businesseslooking to reduce their environmental impact through the professional cleaning and reuse of glass pots and bottles. PAKT's approach combines technological innovation with a commitment to environmental responsibility, providing a solution that supports both the planet and the packaging needs of its clients.
  • CrowdBuilding — Ergens is je toekomstige buur al druk bezig met een plan of een locatie. Ontdek bij CrowdBuilding hoe, en met wie, jouw nieuwe thuis vorm krijgt.
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Sherpa Africa Partners
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in Kenya B2B startups

A venture fund for pre-seed startups in Africa, led by Startup Operators, backed by Startup Operators.

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Pre-Seed, Seed, Venture - Series Unknown
  • Geography: Kenya, Nigeria, South Africa

Investor stats

  • Total investments: 16
  • Round size: Seed $300k–$6M; Pre-Seed $50k–$2M; Venture - Series Unknown $200k–$300k
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Novek — Novek builds IOT technology to completely eliminate single use plastic from FMCG Supply chains.
  • CashBackApp — An App that offers you Cash Discounts on a wide range of household essentials available at local supermarkets in Kenya.
  • Jackfruit Finance — Fast, flexible school financing in Kenya. Get working capital, projects, and asset loans designed around school fee cycles and growth needs.
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Foundamental
VC Fund · Berlin, Berlin, Germany · 1 investments in Kenya B2B startups

Foundamental is the first partner to exceptional founders re-creating the real world globally

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Investment focus

  • Industry: Construction, Software, Real Estate
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, India, Germany

Investor stats

  • Total investments: 113
  • Round size: Seed $1.5M–$11M; Pre-Seed $533k–$3.5M; Series A $3.8M–$26M
  • Lead/follow: 20% lead, 80% follow
  • Last fund: Likely still investing — raised $85M in 2022

Portfolio highlights

  • Enter — baupal seeks to democratize sustainable and customized architecture, making design, energy assessments, permitting and cost evaluations more accessible and straightforward for private builders and smaller construction projects. baupal is an online building application service that takes advantage of digital processes and efficient team structuresto streamline design, planning and permitting processes for a range of small-scale projects.baupal was established in December, 2020 in Berlin, Germany.
  • Faktus — Le partenaire financier de vos chantiers publics. Le financement de BFR rapide et accessible pour les entreprises du bâtiment
  • CalcTree — CalcTree brings engineering teams, designs and calculations together. In traditional engineering design and construction, projects all begin with a design process. Architects, civil, mechanical, electrical and geotechnical engineers, as well as contractors and builders all work together to design structures down to the last bolt before a shoveleven touches the ground. This process is slow, expensive and a complete mess both literally and digitally. It’s rife with data fragmentation and complexity, and CalcTree is solving that.Learn about CalcTree's mission, backstory and current investors here: https://www.calctree.com/about
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Stellar Development Foundation
VC Fund · San Francisco, California, United States · 1 investments in Kenya B2B startups, 8 in the past 12 months

Stellar Development Foundation is a decentralized, fast, scalable, and uniquely sustainable network for financial products and services. It is both a cross-currency transaction system and a platform for digital asset issuance, designed to connect the world’s financial infrastructure. Dozens of financial institutions worldwide issue assets andsettle payments on the Stellar network, which has grown to over 4 million accounts. The Stellar Development Foundation (SDF) is a non-profit organization that supports the development and growth of Stellar. Founded in 2014, the Foundation maintains Stellar’s codebase, supports the technical and business communities building on the network, and serves as a voice to regulators and institutions. The Foundation seeks to create equitable access to the global financial system, using the Stellar network to unlock the world’s economic potential through blockchain technology.

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Investment focus

  • Industry: Financial Services, FinTech, Blockchain
  • Stage:Grant, Seed, Pre-Seed
  • Geography: United States, Kenya, Singapore

Investor stats

  • Total investments: 66
  • Round size: Seed $1.9M–$9.9M; Grant $20k–$200k; Pre-Seed $50k–$2.5M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely still investing — raised $100M in 2022

Portfolio highlights

  • Hito — Make crypto accessible and safe for all humans founder @mishabunte
  • Jia — Small businesses drive the economy. They deserve to own a piece of it. Jia gives entrepreneurs anywhere in the world power to control their financial destiny. We provide blockchain-based financing to businesses in emerging markets and reward them with ownership, enabling them to create wealth and prosperity for themselves and their communities.
  • Range — The financial control layer for companies operating across stablecoins, crypto and fiat rails.
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LAVA
VC Fund · 1 investments in Kenya B2B startups

LAVA invests in startups, focus on user-centric financial services and innovations.

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Investment focus

  • Industry: Payments, B2B, FinTech
  • Stage:Seed, Pre-Seed
  • Geography: United States, Kenya, Belgium

Investor stats

  • Total investments: 4
  • Round size: Seed $1.6M–$4.9M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Paycrest — Decentralized routing protocol for instant, secure, zero-fee payments in emerging markets.
  • HoneyCoin — HoneyCoin is a web3/web2 ecosystem of products built in a way that abstracts complexity and brings all the value of web3 and web2 to the forefront.
  • Optiflux — Optiflux automatiseert het bewaarbeheer van vers fruit met slimme AI & vision-technologie. Minder verlies, meer winst voor teler & handelaar.
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FrontEnd Ventures
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in Kenya B2B startups

FrontEnd Ventures backs early-stage African founders with strategic capital, hands-on guidance, and long-term partnership to build lasting companies.

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Investment focus

  • Industry: Travel, Software, Marketing
  • Stage:Pre-Seed, Seed
  • Geography: Kenya

Investor stats

  • Total investments: 9
  • Round size: Pre-Seed $675k–$1.3M
  • Lead/follow: 0% lead, 100% follow
  • Last fund: Likely still investing — raised $5M in 2022

Portfolio highlights

  • Buupass — BuuPass is Kenya's market leader for online bus booking. We enable travelers to reserve seats and make payments in a convenient and timely way. Try BuuPass today!
  • Lukhu Inc. — Lukhu provides merchants with tools to manage and grow their businesses such as inventory management, customer management, secure payments, analytics, and fulfilment while enabling consumers to discover, purchase, and get their clothing and footwear delivered in a convenient and affordable manner.
  • OKOA Rescue — Solving one of East Africa's greatest challenges for road users. The largest network of Quick, Efficient, and Trustworthy roadside assistance operators.
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Kaleo Ventures
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in Kenya B2B startups

Kaleo Ventures is an investment firm prefers to invest in early-stage companies across Africa.

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Investment focus

  • Industry: Financial Services, Information Technology, FinTech
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 56
  • Round size: Seed $25k–$2.7M; Pre-Seed $50k–$1M; Series A $100k–$15M
  • Lead/follow: 7% lead, 93% follow
  • Last fund: Likely still investing — raised $1.1M in 2024

Portfolio highlights

  • Cuoral — Proactive customer success and engagement. We help you reduce customer churn and increase retention and revenue.
  • BankWise — Liga123 merupakan situs slot jackpot 888 slots paling gacor dan juga platform ini terdata paling banyak dicari hari ini karena memiliki akses yang mudah tanpa harus menggunakan Apk tambahan seperti VPN untuk memainkan game favorit.
  • PowerLabs — PowerLabs is an energy and climate technology research and implementation company whose goal is to use intelligent energy to build a world where human output is boundless.
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54 Collective
VC Fund · Johannesburg, NA - South Africa, South Africa · 1 investments in Kenya B2B startups

Building and scaling African tech startups with catalytic capital, value-add support and our global network.

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Investment focus

  • Industry: Health Care, Information Technology, FinTech
  • Stage:Seed, Pre-Seed
  • Geography: Kenya, Nigeria, South Africa

Investor stats

  • Total investments: 112
  • Round size: Seed $40k–$2M; Pre-Seed $40k–$1.3M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • Yeah — Yeah is a financial technology company that offers payment processing services while building a credit profile for the banked and unbanked.
  • REasy — Top up locally, pay suppliers globally, and manage international shipments with REasy. Fast, secure, and designed for African businesses expanding worldwide.
  • Konnect — Konnect provides a cross borders payment solution intended to simplify complex financial flows allowing companies of any scale and size to send and receive payments in a practical, secure, and low-cost way.
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Raba Partnership
VC Fund · Cape Town, NA - South Africa, South Africa · 1 investments in Kenya B2B startups

The Raba Partnership, Raba Capital, Raba

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, South Africa, Egypt

Investor stats

  • Total investments: 59
  • Round size: Seed $600k–$6M; Pre-Seed $635k–$6.5M; Series A $10M–$32M
  • Lead/follow: 15% lead, 85% follow
  • Last fund: Likely still investing — raised $60M in 2021

Portfolio highlights

  • Thndr — Thndr is a financial services company that operates an app-based investment platform.It comes with 0% commission, no account minimum, access to market data, easy account setup, and funding processes. Users can also get access to the latest news, market data, and other educational tools. Seif Amr established the company in 2020 in Cairo, AlQahirah, Egypt.
  • Ezeebit — Ezeebit is a payment solutions provider that enables African merchants to accept cryptocurrency payments both in-store and online. The platform processes transactions quickly and automatically converts the cryptocurrency into stablecoins to eliminate volatility risk. Funds are then settled into the merchant's local currency account, typicallySouth African Rand (ZAR), on the next business day. The company offers multi-currency support for popular cryptocurrencies like Bitcoin and Ethereum and maintains compliance with financial regulatory bodies.
  • Letly — Letly is developing an AI‑driven platform for the rental property market that automates tasks related to managing rental listings and tenant interactions. It aims to use intelligent agents to handle tasks such as scheduling viewings, responding to inquiries, and optimizing property management workflows. The platform is currently in a waitlistphase, signaling ongoing development and private access only.
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TLcom Capital Partners
VC Fund · London, England, United Kingdom · 1 investments in Kenya B2B startups

TLCOM finds and funds exceptional founders building technology companies across Africa. Seed to Series C. Lagos, Nairobi, London.

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Investment focus

  • Industry: Software, Mobile, Information Technology
  • Stage:Series A, Seed
  • Geography: Nigeria, United States, United Kingdom

Investor stats

  • Total investments: 76
  • Round size: Seed $1.9M–$8.5M; Series A $3.8M–$20M
  • Lead/follow: 57% lead, 43% follow
  • Last fund: Likely still investing — raised $150M in 2022

Portfolio highlights

  • HoneyCoin — HoneyCoin is a web3/web2 ecosystem of products built in a way that abstracts complexity and brings all the value of web3 and web2 to the forefront.
  • Myka.Insure — Myka is a insurance sales platform that enables individuals to sell insurance policies to their family, friends, colleagues, and community while earning income . It operates as a micro-entrepreneurship program where anyone (students, gadget sellers, car dealers, parents, retirees) can start their own insurance business with zero investment,flexible hours, and free training . The company is licensed by the National Insurance Commission of Nigeria and provides instant payouts to its partners .
  • LittleFish — Full stack enterprise platform that extends your infrastructure, instead of replacing it.
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Visa
VC Fund · San Francisco, California, United States · 1 investments in Kenya B2B startups, 6 in the past 12 months

Visa is an American multinational financial services company that facilitates electronic payment systems throughout the world. The company operates the retail electronic payments network through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities.

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Investment focus

  • Industry: FinTech, Financial Services, Payments
  • Stage:Series B, Grant, Series C
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 147
  • Round size: Grant $7.3k–$80k; Series B $6.5M–$60M; Series C $4M–$100M
  • Lead/follow: 41% lead, 59% follow

Portfolio highlights

  • SCORE — Since 1964, SCORE has helped more than 20 million entrepreneurs start, grow or successfully exit a business through expert mentoring, resources and education.
  • Replit — Replit is a simple yet powerful online IDE, Editor, Compiler, Interpreter, and REPL. Code, compile, run, and host in 50+ programming languages.
  • P-Agro Minerals — P-Agro Minerals develops chemical-free solutions for wastewater treatment plants, addressing phosphorus pollution.
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DOB Equity
VC Fund · Veessen, Gelderland, The Netherlands · 1 investments in Kenya B2B startups

DOB Equity is a private equity firm specializing in growth capital and buy-and-build strategies in small and medium companies.

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Investment focus

  • Industry: Food and Beverage, Farming, Agriculture
  • Stage:Private Equity, Seed
  • Geography: Kenya, Tanzania, Rwanda

Investor stats

  • Total investments: 58
  • Round size: Seed $1M–$3.8M
  • Lead/follow: 62% lead, 38% follow

Portfolio highlights

  • MazaoHub — AI-first SaaS connecting soil, farmers, inputs, agronomy care, field operations, traceability and markets through real last-mile intelligence.
  • FarmWorks — FarmWorks is an agricultural technology company that gives farmers access to farm inputs as well as a market for the produce .FarmWork is to unlock agricultural potential by building clusters of mid-sized farms while working with thousands of small-holder farmers and establishing direct linkage to local and global markets.
  • Spouts of Water — SPOUTS mission is to manufacture and distribute ceramic water filters to provide everyone in Uganda with safe water.
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elea Foundation for Ethics in Globalization
VC Fund · 1 investments in Kenya B2B startups

elea Foundation for Ethics in Globalization

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Investment focus

  • Industry: E-Commerce, Agriculture, Food and Beverage
  • Stage:Seed, Series A
  • Geography: India, Kenya, Mexico

Investor stats

  • Total investments: 23
  • Round size: Seed $100k–$4.5M; Series A $2M–$4.2M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • BukaPO — BukaPO is a food and beverage company that provides pulses, rice bowls, and various other snack food services.
  • Toroto — Toroto neutralizes greenhouse gas emissions through nature-based solutions and carbon management. They provide a science-based way for companies and organizations to move closer to carbon-neutral operations. They support companies by measuring and reducing their environmental footprint. They also design forestry and regenerative agricultureprojects that make carbon offsetting possible.
  • MazaoHub — AI-first SaaS connecting soil, farmers, inputs, agronomy care, field operations, traceability and markets through real last-mile intelligence.
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B2B Investor funding in Kenya at a glance

Stats across 39 deals from 73 investors.

73
investors
in Kenya B2B startups
39
deals
in Kenya B2B startups
$150k
median round
in Kenya B2B startups
15%
lead investors
lead at least one round
46%
Seed
most common funding stage
89/11
VC / Angel
share of investor count

Access all 73 investors in Kenya B2B startups.

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