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Top 10 Climate Startup Investors in Uganda (July 2026)

The most active venture capital funds and angel investors investing in Uganda Climate startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Uganda Climate startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Pearl Capital Partners
VC Fund
3 Uganda, Kenya, Malawi Private Equity, Debt Financing, Seed Agriculture, Farming, Food Processing $5k–$2.6M
Incofin Investment Management
VC Fund
1 India, Kenya, Rwanda Series A, Series B Financial Services, Finance, Banking $3.5M–$46M
Hesham Zreik
Angel
1 United States, Nigeria, India Pre-Seed, Seed, Series A Information Technology, Software, Artificial Intelligence $20k–$5M
InfraCo Africa
VC Fund
1 Kenya, India, France Seed, Series B Renewable Energy, Solar, Energy $1.5M–$28M
Delta40
VC Fund
1 Kenya, Ghana, Uganda Seed, Venture - Series Unknown, Pre-Seed Agriculture, Solar, AgTech $1.3M–$2.3M
Sarah Dusek
Angel
1 South Africa, Uganda, Zambia Seed, Angel Financial Services, Solar, Energy $120k–$1M
Opes Impact Fund
VC Fund
1 Italy, Kenya, India Seed, Series A Communities, Agriculture, Energy $219k–$910k
Jim Chu
Angel
1 United States, Mali, Uganda Seed, Pre-Seed, Angel FinTech, Internet, Solar
Autodesk Foundation
VC Fund
1 United States, Kenya, Uganda Seed, Series A, Series B Energy, Renewable Energy, CleanTech $2.1M–$40M
GAIA Impact Fund
VC Fund
1 Singapore, South Korea, France Series A, Series B, Seed Energy, Solar, Renewable Energy $100k–$40M
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Investor list

Pearl Capital Partners
VC Fund · Kampala, Kampala, Uganda · 3 investments in Uganda Climate startups

Pearl Capital Partners is a specialist agriculture investment firm that has been investing in small and medium sized East African agribusinesses since 2005. Pearl Capital Partners investments generate financial returns for our investors while creating significant social impact. Pearl Capital Partners success is derived from working with ambitiousmanagement teams, providing supportive investment structures and specialist expertise that create high-growth agribusinesses.

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Investment focus

  • Industry: Agriculture, Farming, Food Processing
  • Stage:Private Equity, Debt Financing, Seed
  • Geography: Uganda, Kenya, Malawi

Investor stats

  • Total investments: 36
  • Round size: Seed $1.3M–$2.1M; Debt Financing $5k–$650k; Private Equity $18k–$2.6M
  • Lead/follow: 92% lead, 8% follow
  • Last fund: May invest from a new fund soon — last raise in 2017

Portfolio highlights

  • Enimiro — Enimiro is creating an online farming platform in form of a mobile App to connect Ugandan smallholder farmers with local investors to increase harvest while enabling urban people to invest into farming and earn proceeds at just a click of a button.
  • Kamp Feed — Kamp Feed is a food producer of nutritional animal feeds that specializes in pelleted animal feeds.
  • Newman Foods — Newman Foods is an agro-processing company that manufactures, exports, and supplies a comprehensive range of fresh agricultural products. Newman Foods Ltd is a Kampala-based agro-processing company whose primary business is producing and marketing branded consumer foods sold through retail stores in the local and the regional market, as well asaggregation and export of fresh fruits and vegetables (FFV) to the European market.
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Incofin Investment Management
VC Fund · Antwerp, Antwerpen, Belgium · 1 investments in Uganda Climate startups

Incofin Investment Management (Incofin IM) manages funds that invest in microfinance institutions (MFIs) in developing countries. MFIs provide financial services, such as credits, savings and insurances, to people who cannot have recourse to regular banks. As a specialist in rural microfinancing, Incofin IM’s main goal is to reach out to people wholive in more secluded rural areas and/or who are active in the agricultural sector.

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Investment focus

  • Industry: Financial Services, Finance, Banking
  • Stage:Series A, Series B
  • Geography: India, Kenya, Rwanda

Investor stats

  • Total investments: 39
  • Round size: Series A $4M–$8.1M; Series B $3.5M–$46M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely still investing — raised $42M in 2023

Portfolio highlights

  • Namdev Finvest — Namdev Finvest operates a non-banking finance platform that provides loans to rural and semi-urban agriculture, as well as the priority sector.
  • Save Solutions — Elopments of the weaker section of the community/society as well as society in general under the respective philosophy of Indian Constitutional Justice, Liberty, Equlity & Fraternity as Socialist, Secular, Democratic, people's welfare Society for the National Development and Management through alternative naturing system of IndianSocial Service in participatory way.
  • Mufin Green Finance — Mufin Green Finance is an NBFC that specialises in the electric vehicle (EV) market.
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Hesham Zreik
Angel · Dubai, Dubai, United Arab Emirates · 1 investments in Uganda Climate startups

Hesham Zreik is the CEO of FasterCapital. He previously worked at DreamApps as a Project Manager. Hesham attended the University of Westminster.

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Investment focus

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

Investor stats

  • Total investments: 752
  • Round size: Seed $50k–$2.1M; Pre-Seed $20k–$1M; Series A $170k–$5M
  • Lead/follow: 54% lead, 46% follow

Portfolio highlights

  • FellowMe — FellowMe is a social media platform that allows users to meet new people with a search experience, segmented by interests and location.
  • Exnus Protocol — Exnus Protocol is a next-generation decentralized ecosystem built on the Solana blockchain.
  • UrbanFarmers — UrbanFarmers is a platform that connects city dwellers with local urban farms and community gardens.
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InfraCo Africa
VC Fund · London, England, United Kingdom · 1 investments in Uganda Climate startups

As of 1 August 2025, infracoafrica.com and infracoasia.com content has been moved over to pidg.org.

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Investment focus

  • Industry: Renewable Energy, Solar, Energy
  • Stage:Seed, Series B
  • Geography: Kenya, India, France

Investor stats

  • Total investments: 11
  • Round size: Seed $1.5M–$3.3M; Series B $9M–$28M
  • Lead/follow: 55% lead, 45% follow

Portfolio highlights

  • Afresco — Afresco is Africa's fastest growing clean energy service company (ESCO) that leverages our expertise in mini-grids, C&I solar and large-scale IPPs to power businesses and optimize energy needs. Specialties: Energy efficiency, Solar energy, Energy production, Energy storage, Energy management, ESCO, and Smart Buildings
  • SunCulture — At SunCulture, we strive to solve the biggest daily challenges of smallholder farmers. We use off-grid solar technology to provide our customers with reliable access to water, irrigation, lighting, and mobile charging, and we can do all of that with a single system.
  • Mawingu Networks — Unlimited internet packages for your home and office. 24/7 customer support. Get connected today, starting from 2,500 per month!
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Delta40
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in Uganda Climate startups

Delta40 is the venture studio that invests in African female entrepreneurs involved in energy, agriculture and mobility sectors.

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Investment focus

  • Industry: Agriculture, Solar, AgTech
  • Stage:Seed, Venture - Series Unknown, Pre-Seed
  • Geography: Kenya, Ghana, Uganda

Investor stats

  • Total investments: 9
  • Round size: Seed $1.3M–$2.3M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • SunFi — SunFi tech solution help people access solar energy with installation and payment plans.
  • Farm to Feed — One third of all food is lost or wasted, enough to feed the number of hungry people twice worldwide. Food loss and waste contributes to 10% of greenhouse gases globally. We aggregate and repurpose imperfect and surplus produce to create a healthier planet.
  • 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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Sarah Dusek
Angel · Great Falls, Montana, United States · 1 investments in Uganda Climate startups

Sarah Dusek is the Managing General Partner of Enygma Ventures. Prior to that, he was the Co-Founder of Under Canvas; the leading US adventure-hospitality company offering luxurious glamping accommodations just minutes from America’s most popular and iconic national parks.In 2017, under Sarah’s leadership Under Canvas received a spot on thecoveted Inc. 5000 list and Sarah was named to the EY Entrepreneurial Winning Women list from Ernst & Young. Under Canvas has set an unprecedented new standard in ecological development while also redefining experiential hospitality in a meaningful way.She graduated from The University of Manchester and the University of Exeter.

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Investment focus

  • Industry: Financial Services, Solar, Energy
  • Stage:Seed, Angel
  • Geography: South Africa, Uganda, Zambia

Investor stats

  • Total investments: 6
  • Round size: Seed $120k–$1M
  • Lead/follow: 83% lead, 17% follow

Portfolio highlights

  • Koa Academy — Koa Academy is on the cutting edge of online schooling in South Africa! We offer small classes, quality educators, and individualized, engaged online learning.
  • Onelamp Uganda — Distributing solar fishing lanterns and solar lights in Uganda.
  • Startup Circles.ai — Learn to to build and grow your business fast. Practical business school - by practitioners, experienced entrepreneurs, and investors. Join the movement of game changers in Africa.
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Opes Impact Fund
VC Fund · Milano, Lombardia, Italy · 1 investments in Uganda Climate startups

Opes-Lcef is an impact investor that provides catalytic capital to early-stage social enterprises in emerging markets.

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Investment focus

  • Industry: Communities, Agriculture, Energy
  • Stage:Seed, Series A
  • Geography: Italy, Kenya, India

Investor stats

  • Total investments: 43
  • Round size: Seed $219k–$910k
  • Lead/follow: 28% lead, 72% follow

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.
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Jim Chu
Angel · San Francisco, California, United States · 1 investments in Uganda Climate startups

Jim Chu is the Founder & CEO at Untapped Global.

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Investment focus

  • Industry: FinTech, Internet, Solar
  • Stage:Seed, Pre-Seed, Angel
  • Geography: United States, Mali, Uganda

Investor stats

  • Total investments: 9
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • OnePipe — OnePipe aggregates APIs from banks and fintechs into a standardized gateway that is easy to integrate and makes partnerships seamless.
  • SEMOA
  • Onelamp Uganda — Distributing solar fishing lanterns and solar lights in Uganda.
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Autodesk Foundation
VC Fund · San Francisco, California, United States · 1 investments in Uganda Climate startups

Autodesk Foundation is the first foundation to focus investment exclusively on the people and organizations using design for impact.

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Investment focus

  • Industry: Energy, Renewable Energy, CleanTech
  • Stage:Seed, Series A, Series B
  • Geography: United States, Kenya, Uganda

Investor stats

  • Total investments: 14
  • Round size: Seed $2.1M–$12M; Series A $5M–$20M; Series B $40M–$40M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • M2X Energy — M2X Energy is a scalable methane conversion technology company that provides automated gas-to-product systems for methane conversion.
  • Last Energy — Last Energy is creating a new system for the development and delivery of small modular nuclear power plants. Combining proven reactor technology with a first-of-its-kind delivery model and fully modular plant design, Last Energy aims to decarbonize energy production and increase access to clean, affordable power.
  • Found Energy — Found Energy's aluminum-thermal power systems extract renewable energy from aluminum at double the energy density of diesel and at a competitive cost. Compact, modular, safe, and carbon-free, our technology makes industrial decarbonization practical.
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GAIA Impact Fund
VC Fund · Paris, Ile-de-France, France · 1 investments in Uganda Climate startups

Gaia Impact Fund is a venture capital firm specializing in renewable energy that builds long-term partnerships with startups operating in Sub-Saharan Africa and South-East Asia with a strong environmental and social focus. The firm supports businesses enabling sustainable and affordable energy provision to local communities. In regions where energymixes are highly carbonized, it supports technological innovations and business models enabling a cost-efficient diffusion of renewable energy on a large scale.

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Investment focus

  • Industry: Energy, Solar, Renewable Energy
  • Stage:Series A, Series B, Seed
  • Geography: Singapore, South Korea, France

Investor stats

  • Total investments: 22
  • Round size: Seed $100k–$2.7M; Series A $1.1M–$9.1M; Series B $3M–$40M
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • MyJouleBox — MyJouleBox offers a solution for solar professionals in Africa to offer leased solar installations to their customers.
  • 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.
  • Innovex — Innovex specializes in IoT solutions for monitoring solar energy systems and robotic applications.
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Climate Investor funding in Uganda at a glance

Stats across 45 deals from 38 investors.

38
investors
in Uganda Climate startups
45
deals
in Uganda Climate startups
$515k
median round
in Uganda Climate startups
66%
lead investors
lead at least one round
27%
Grant
most common funding stage
95/5
VC / Angel
share of investor count

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