Top 20 Biotech VC Funds & Investors in Kenya (September 2026)

Portfolio highlights

• Refolo — Refolo is a type B social cooperative that sees social agriculture as having a dual impact: social and environmental. Refolo was created with the aim of creating an agro-ecological and social corridor that runs through the province of Brescia from north to south with the hope that administrations and other communities will come together to generatea positive impact on the environment and the community.Refolo operates in an area located between the municipalities of Brescia, Collebeato, Villa Carcina and Montirone, territories that share the presence of agricultural areas that over the years have been abandoned due to their unsuitability for intensive agriculture and lack of interest by new generations and that are now ready to start again.
• Ecodudu — Ecodudu is a waste-to-value company. It uses a proprietary innovation to recycle organic waste into high-protein animal feed and organic fertilizer using the black soldier fly. It harnesses insects (nature’s recycling agents) to address global issues which include waste management, demand for protein, and environmental conservation.
• Sistema.bio — Sistema.bio is a biodigester with biogas appliances. High efficiency biodigesters transform organic waste into renewable biogas.

Portfolio highlights

• Ecodudu — Ecodudu is a waste-to-value company. It uses a proprietary innovation to recycle organic waste into high-protein animal feed and organic fertilizer using the black soldier fly. It harnesses insects (nature’s recycling agents) to address global issues which include waste management, demand for protein, and environmental conservation.
• Asilimia — Asilimia is a simple, fun mobile app for sending money through M-PESA quickly and without any transaction fees. Simply deposit money to your M-PESA, download Asilimia and send money for free to any other M-PESA account.
• ShapShap — ShapShap enhances delivery experience through its commission-based marketplace by assigning efficient orders to drivers to ensure their sustainability and scalability.

Portfolio highlights

• Enogrid — Enogrid provides energy monitoring solutions. It also allows users to measure and optimize the performance of building operations, visualize energy flows, customize distribution coefficients, monitor self-energy consumption, access transaction documents, and more.
• Frontier Markets — Frontier Markets connects India’s rural customers to products and services at their doorstep. 551 million rural customers lack access to financial, productive, durable products and services that can economically improve their lives. This is because product companies do not have deep enough infrastructure to access to rural customers; denyingtheir ability to drive innovative solutions locally to their target rural customer. Frontier Markets drives the best selection of life-improving products and services to rural customers, while creating sustainable livelihoods for rural women. In partnership with existing SHG networks, we onboarded 4,000 women to become our digitally savvy women entrepreneurs called Saral Jeevan Sahelis. Our Sahelis use our assisted e-commerce and delivery platform, called the Meri Saheli app, to collect real-time data on customer, coordinate orders, and deliveries to earning an average of 65,000/- a year without having to leave their village, becoming local leaders, and decision-makers at home. Our local distribution hubs has a team of delivery field staff who ensure doorstep delivery daily, as well as coordinate after-sales service for product companies. This combination of high-tech and local teams, and product partnerships, has helped 700,000 rural customers access 1 million+ quality solutions in clean energy, agri, and homecare. The Meri-Saheli app was designed for rural customers and by our Sahelis, ensuring it’s easy to use. Bharat India’s digitization thrives, but to reach last-mile rural customers, an assisted solution allows for quick adoption, deep learnings, and optimal services to be delivered. Since COVID, we have partnered with 3 fintech companies to launch doorstep atm services, online payments, and financial services and leading FMCG companies to drive local essential goods doorstep deliveries. Achieving 97% conversion rates, and onboarding 2,000 new customers monthly. We have launched our 2.0 version for scale, adding AI capabilities to help Sahelis train to use the Meri Saheli app on their own. This will be a gamechanger, allowing us to partner with multiple SHG organizations at once who want to start the Saral Jeevan Initiative in their fields on their own. Our team has over 60 years of experience working in rural India in sectors like microfinance, telecom, and distribution allowing us to crack the rural last-mile challenge profitably. We envision becoming India’s largest high-tech, high touch platform delivering solutions to Bharat India connecting 100 million rural customers with 1 million digitally savvy women entrepreneurs.
• Qarnot — Qarnot provides economical and ecological cloud HPC on a disruptive platform. Qarnot designs and develops Q.rad, a computing heater that embeds microprocessors as a heat source and is connected to the Internet. The company has built three generations of computing heaters with multiple CPUs and sold them to construction companies seeking heaters fornew buildings. Qarnot offers affordable HPC to avoid data center costs related to infrastructure, maintenance, and cooling.

Portfolio highlights

• Sistema.bio — Sistema.bio is a biodigester with biogas appliances. High efficiency biodigesters transform organic waste into renewable biogas.
• Sistema Biobolsa — Sistema.bio is a biodigester with biogas appliances. High efficiency biodigesters transform organic waste into renewable biogas.

Portfolio highlights

• upOwa — upOwa brings electricity to Africa through our innovative Pay-As-You-Go solar technology for the poorest.
• Tugende — Tugende helps motorcycle taxi drivers own their own motorcycles in eighteen months or less instead of renting indefinitely. Ownership significantly increases income, job security and road safety.
• Sistema.bio — Sistema.bio is a biodigester with biogas appliances. High efficiency biodigesters transform organic waste into renewable biogas.

Portfolio highlights

• Finaktiva — Finaktiva is the number one financial ally of Colombian entrepreneurs. We offer flexible and agile online financial solutions (loans in various forms, factoring and confirming) adjusted to the requirements of the companies. We also offer a range of non-financial tools through our platform to help SMEs´ grow. Our customers are typically businesseswith innovative business models, double-digit growth rates that have a positive impact in their communities.
• AgriCapital — AgriCapital is a financial service firm that provides store credit, productive credit, credit installments, and accompaniment services.
• Ampersand — Ampersand catalyzes and power mass-market electric mobility. By supplying the battery swap network and operating system the company makes sustainable mobility rapidly accessible and affordable for developing markets, to improve livelihoods and the environment. With over a million km already covered by e-motorcycles in Africa using our plug-and-playpowertrain and energy network.

Portfolio highlights

• BURN — Experience clean, safe, and affordable cooking with BURN's innovative cookstoves. Impact lives, reduce emissions, and enjoy delicious meals. Shop now!
• GOGO Electric — Bodawerk is an innovations and engineering company. Our products are created to serve the needs of people at the bottom of the pyramid.
• MyJouleBox — MyJouleBox offers a solution for solar professionals in Africa to offer leased solar installations to their customers.

Portfolio highlights

• Fillip — Fillip specializes in advancing and rejuvenating iconic and disruptive brands across the sports and entertainment sectors.
• Fillip Fleet — Fillip is a digital fuel and expense management solution that gives businesses full control over vehicle-related spending. Fillip's modern payment platform allows businesses to fuel up anywhere, monitor purchases in real-time, and streamline bookkeeping - making operations more efficient and cost effective.
• Cicada Technologies — Cicada is a fintech company that combines technology, intuitive design, and market expertise to deliver a differentiated and easy-to-use trading solution that transforms how market participants connect and transact.

Portfolio highlights

• MyJouleBox — MyJouleBox offers a solution for solar professionals in Africa to offer leased solar installations to their customers.
• Storm — Storm is een producent van hernieuwbare energie. Samen met ons team ontwikkelen, bouwen en exploiteren we duurzame energieprojecten over het hele land: van wind- en zonneparken tot snellaadstations en batterijopslag. Dit telkens tegen een zo laag mogelijke maatschappelijke kost.
• GIGA Storage — Grootschalige energieopslag is de ontbrekende schakel in de energie transitie. Als de wind niet waait en de zon niet schijnt levert GIGA Storage duurzame

Portfolio highlights

• Nuu — Nuu is a food-based company that makes old-fashioned food with future generations in mind. Nuu is not to make the best products in the world, but the best products for the world.
• Sistema.bio — Sistema.bio is a biodigester with biogas appliances. High efficiency biodigesters transform organic waste into renewable biogas.
• Smartbreeder — Smartbreeder is a digital agronomic intelligence company that promotes sustainable agriculture with high efficiency of agricultural inputs, reducing costs, increasing productivity and rationalizing the decision-making process at all stages of crop management.

Portfolio highlights

• Kofa — Kofa is an automotive company that utilizes the latest electric battery and motor technology. The company aims to develop an affordable, sustainable and customer driven electric network in transformative energy, transport, and climate change around the globe. Kofa was founded in Ghana and is headquartered in Accra.
• Sistema.bio — Sistema.bio is a biodigester with biogas appliances. High efficiency biodigesters transform organic waste into renewable biogas.
• Mufin Green Finance — Mufin Green Finance is an NBFC that specialises in the electric vehicle (EV) market.

Portfolio highlights

• Pela Global — Pela Global Limited is an Australian company focused on critical and precious metals mining, primarily advancing projects in North Macedonia's Tethyan Belt. It specializes in antimony and gold resources, emphasizing sustainable development and global supply chain contributions.
• Harena Rare Earths — Harena Rare Earths is a mineral exploration company. It focuses on the Ampasindava Ionic Clay Rare Earths Project in Madagascar, which contains 606,000 tonnes of Total Rare Earth Oxides (TREO). The company explores and develops critical magnet metals like neodymium, praseodymium, dysprosium, and terbium for use in clean energy, electronics, anddefense sectors.
• Sine Engineering — Sine.engineering is a company that develops and manufactures high-tech modules and components to ensure stable communication and navigation of UAV in difficult conditions. Ukraine

Portfolio highlights

• Tuwe Bora — Tuwebora, we do more than just make clothing—we're building futures and revolutionizing the global fashion industry.
• Timao Group — Timao Group is a clean tech company that recycles waste and produces plastic constructive systems.
• POLLEN PATROLLERS — Pollen Patrollers' mission is to combat bee colony collapse and enhance food security by providing innovative smart hive solutions and precision pollination services. Pollen Patrollers is a startup that leverages advanced technology.

Portfolio highlights

• Vuma Biofuels — BESOK4D merupakan portal hiburan slot online populer dengan sistem aman yang menghadirkan berbagai permainan slot online dalam satu platform yang mudah diakses setiap hari.
• Mr. Green Africa — Mr. Green Africa - Recycling company that sells pre-processed recycling materials with a traceable social and environmental impact - fairly traded plastic.

Portfolio highlights

• Asaka bank — Aksaka bank is a financial organization that provides curated banking solutions to meet the personal, business, and corporate needs in the vicinity. The organization also offers personal loans and commercial credit facilities for individuals and local businesses.
• Key Capture Energy — Building large-scale energy storage projects today that will transition us to the grid of tomorrow. #energystorage #renewables #cleanenergy
• Round-the-Clock renewable energy project — Round-the-Clock renewable energy project is a hybrid power system to deliver uninterrupted electricity 24/7.

Portfolio highlights

• Jusfy — Jusfy offers legal services and consulting for individuals and business organizations.
• aviva — Aviva is building an AI-powered digital bank for Latin America’s underserved communities. While determined to fuel Latin America’s ongoing emergence of a new middle class with a fully-fledged portfolio of inclusive financial services, Aviva’s initial go-to-market concentrates on unsecured credit products for individuals and nano-businesses inMexico.As most of the underbanked 40+ million Mexicans live in small and medium-sized towns, Aviva builds a bridge to those living in remote communities with its physical onboarding kiosks. These nano-branches provide a documentless 3-minute video onboarding for everyone in need of liquidity. Novel AI-based technology, including natural language processing, allows Aviva to match customers’ spoken word to the fields of a comprehensive real-time credit application. Transforming speech to text and inferring emotions and personality from the visual layer of the application video gives Aviva an edge in scoring thin-file customers. Leveraging these novel risk models, Aviva aims to provide the lowest interest rates available to today’s underserved.
• Lunar Outpost — Lunar Outpost is redefining our relationship with the Moon and space by building the robotic infrastructure for future exploration and commerce. Our mission: make the Moon accessible, sustainable, and open for innovation.

Portfolio highlights

• Ecodudu — Ecodudu is a waste-to-value company. It uses a proprietary innovation to recycle organic waste into high-protein animal feed and organic fertilizer using the black soldier fly. It harnesses insects (nature’s recycling agents) to address global issues which include waste management, demand for protein, and environmental conservation.
• Owoafara — Financial Technology providing access to loans, savings and insurance for the underbanked
• Shuttlers — Commute better with Shuttlers. Join 100k+ professionals using our safe, affordable bus sharing, vehicle rental, and employee transport services across Nigeria.

Portfolio highlights

• Bank Respublika — Bank Respublika builds its relations with customers on the principle of maximum benefit to them. It is to constantly improve the quality of customer service, expand services and improve conditions. It cooperates with various international and foreign financial institutions, and one of the main directions of this cooperation is the implementationof various programs for business lending and trade finance.
• Transvolt Mobility — Transvolt Mobility is an early-stage, technology-driven EV fleet operator, enabling India’s transition to sustainable, zero-emission transport by providing a scalable, multi-partner platform for commercial electric mobility across urban and industrial segments.
• ETG — ETG, established in 1967, is one of the largest and fastest growing integrated agricultural conglomerates in sub-Saharan Africa, importing and exporting soft commodities to and from 48 countries including Tanzania, Kenya, Malawi, Mozambique, Nigeria and South Africa. It also has supply chain operations in China, India, America, Middle East, andSouth East Asia; merchandising desks in Europe, and; treasury companies in Singapore, Mauritius and UAE. Globally, ETG is present across 48 countries. ETG runs its business under five business verticals: 1. Fertilizer and Farm Inputs: ETG is one of the largest importers and distributors of fertilizers and farm inputs in sub-saharan africa 2. Cash traded products: Pulses, Sesame seed, Cashew and Rice are key commodities in this vertical. ETG is the world largest trader and processor of Pulses as well as world largest trader for raw cashew nuts. 3. Exchange traded commodities: Grains & oilseeds, sugar, coffee, cocoa, maize and soybean are key products in this segment. ETG is one of the major players for maize and soybean in sub-shara africa 4. Consumer Branded (Vamara): ETG operates multiple processing plants across 14 countries to manufacture products that are targeted to African consumers. ETG has 22 brands in its portfolio that offers products from vegetable cooking oil, condiments, and spreads, etc. 5. Logistics: ETG operates a very successful and integrated Logistics platform. ETG has a network of more than 400+ warehouses across 32 countries and a fleet of more than 900 trucks. ETG provided end-to-end Logistics services across sub-Sahara Africa.

Portfolio highlights

• NG.CASH — NG.CASH is a digital bank designed to help the new generations (ages 12 to 30) achieve financial independence. It lets users take charge of their money through solutions like PIX (Brazil’s instant-payment system), prepaid and virtual cards, allowance management, and now credit products tailored for young adults. As a financial hub, NG.CASH is builtto grow with its clients, boosting financial literacy and supporting them at every stage of life.
• Pagaleve — pagaleve offers payment in installments at PIX, with no interest and no credit card required. They provide merchants with a new payment method in order to increase their sales in a simple, uncomplicated, and agile manner, but they also want to provide people with the opportunity to buy what they want without committing to the card'shigh-interest rates and credit.
• Rain — Rain is a vertically integrated issuing partner for global platforms. Enabling innovative financial products through modern APIs, flexible infrastructure, supporting electronic and digital money. Launch a card program in days not months.

Portfolio highlights

• Bena Care — Delivering affordable & high-quality home-based nursing and in-home therapy (physiotherapy & renal replacement therapies) for chronically ill patients
• Taste Afrique — Taste Afrique is a manufacturer of Chibundiro and Siri products. Chibundiro is a product of Taste Afrique Co. Ltd. It is a mixture of grounded natural spices that gives food that added extra yumminess. It is made from the following ingredients; coriander, ginger, cinnamon, garlic, onions, cumin seeds, cardamons, black pepper, cloves, and naturaloils. Chibundiro comes in three flavors; hot, mild, and without chilies, catering for everyone. Natural- Chibundiro is 100% natural with no preservatives are used on this product as its contents are dried during its manufacturing. Health Benefits- Ingredients used have health benefits i.e. antioxidants and anti-inflammatory benefits, Flavor- Adds extra yumminess to your food. Chibundiro’s nutritional value makes it fit for different cuisines – African, European, Chinese, American – and lifestyle – traditional foods or 5-star hotel barbecues and buffets. The assurance of products that have been produced using the highest quality standards is definite. It targets all households, offices, hotels, restaurants, supermarkets, and even students in boarding schools who yearn for ‘mother’s cooking’.
• Arbres Biotech — Arbres Biotech focuses on supplying seedlings of various plants to nurseries.