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Top 50 Hardware Startup Investors in Kenya (June 2026)

The most active venture capital funds and angel investors investing in Kenya Hardware startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Kenya Hardware startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
FJ Labs
VC Fund
2 United States, Brazil, United Kingdom Seed, Series A, Series B Software, E-Commerce, Financial Services $1.4M–$65M
QuantumSavanna VC
VC Fund
2 Kenya Seed, Pre-Seed Machine Learning, Artificial Intelligence, Analytics $200k–$300k
At One Ventures
VC Fund
2 United States, United Kingdom, Canada Seed, Series A, Series B Energy, Manufacturing, Agriculture $2.9M–$70M
U.S. International Development Finance Corp
VC Fund
2 India, United States, Kenya Debt Financing, Post-IPO Debt Financial Services, Finance, Banking $5M–$500M
Finnfund
VC Fund
2 Kenya, India, South Africa Debt Financing, Series B Financial Services, Energy, FinTech $2.7M–$135M
Jim Sorenson
Angel
1 United States, Kenya Seed Gaming, Banking, FinTech
Factor E
VC Fund
1 Kenya, United States, India Seed, Series A, Convertible Note Energy, Renewable Energy, Agriculture $20k–$10M
Khosla Impact
VC Fund
1 India, United States, Kenya Series A, Seed Financial Services, FinTech, Finance $1.9M–$9.2M
Javelin Venture Partners
VC Fund
1 United States, Canada, India Series A, Seed, Series B Software, E-Commerce, Enterprise Software $1.2M–$75M
Kepple Africa Ventures
VC Fund
1 Nigeria, Kenya, Egypt Seed, Pre-Seed Financial Services, FinTech, Software $300k–$4.5M
Orange Ventures
VC Fund
1 France, United States, United Kingdom Seed, Series B, Series A Software, FinTech, Information Technology $600k–$33M
Gary Scheft
Angel
1 Kenya Seed Hardware, Telecommunications, Enterprise Software
Novastar Ventures
VC Fund
1 Kenya, Nigeria, United Kingdom Series A, Series B Agriculture, Health Care, Internet $1.7M–$42M
Revolution
VC Fund
1 United States, Canada, Kenya Series A, Seed Software, SaaS, E-Commerce $641k–$18M
TED
VC Fund
1 Kenya Hardware, Telecommunications, Enterprise Software
Winshall Walt
Angel
1 United States, Kenya Seed, Pre-Seed, Series A Mobile, B2B, SMS $1.1M–$2.2M
Equator
VC Fund
1 Kenya, United States, United Kingdom Seed, Series A Software, Renewable Energy, Agriculture $1.8M–$15M
Beyond Capital Ventures
VC Fund
1 India, Kenya, Ghana Series A, Series B E-Commerce, Health Care, Retail
Talanton
VC Fund
1 Kenya Seed, Series A, Series B Retail, Sports, Fashion
Mato Perić
Angel
1 Germany, India, United Kingdom Seed, Series A, Pre-Seed Financial Services, FinTech, E-Commerce $2M–$100M
Accion Ventures
VC Fund
1 India, United States, Mexico Seed, Series A, Series B Financial Services, FinTech, Finance $500k–$33M
MKS
VC Fund
1 Kenya, Switzerland Series A Consumer Electronics, Drones, Hardware
Synergy Growth
VC Fund
1 Kenya, United Kingdom Seed, Series A Solar, Energy, Hardware
Village Global
VC Fund
1 United States, United Kingdom, India Seed, Pre-Seed, Series A Software, Artificial Intelligence, Financial Services $500k–$23M
468 Capital
VC Fund
1 United States, Germany, Singapore Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $500k–$40M
Umoja Rubber Products
VC Fund
1 Kenya Seed Sports, Fashion, Outdoors
Omvestments
VC Fund
1 Kenya Seed Hardware, Telecommunications, Enterprise Software
Raba Partnership
VC Fund
1 United States, South Africa, Egypt Seed, Pre-Seed, Series A Financial Services, FinTech, Finance $635k–$32M
Savannah Fund
VC Fund
1 Kenya, United States, South Africa Seed, Series A, Pre-Seed E-Commerce, FinTech, Software $25k–$8M
Satgana
VC Fund
1 France, Germany, The Netherlands Seed, Pre-Seed, Series A Energy, Renewable Energy, Software $600k–$6.6M
Aster
VC Fund
1 France, United States, United Kingdom Series A, Series B Energy, Software, Manufacturing $1.6M–$27M
Synergy Energy
VC Fund
1 Kenya, United Kingdom Series A Hardware, Manufacturing, Telecommunications
E3 Capital
VC Fund
1 Kenya, South Africa, United States Seed, Series A, Series B Energy, Solar, Renewable Energy $1.3M–$40M
Wuri Ventures
VC Fund
1 United States, Kenya, Ghana Seed, Pre-Seed, Series A FinTech, Financial Services, Information Technology $500k–$30M
MPGI
VC Fund
1 Germany, India, United Kingdom Seed, Series A, Pre-Seed Financial Services, FinTech, E-Commerce $2M–$100M
Jigsaw VC
VC Fund
1 United Kingdom, India, Kenya Series A, Seed, Pre-Seed Financial Services, FinTech, Software $1M–$28M
Mercy Corps Ventures
VC Fund
1 Kenya, United States, Nigeria Seed, Pre-Seed, Series A Financial Services, FinTech, AgTech $600k–$12M
Ambo Ventures
VC Fund
1 Kenya Seed CleanTech, Automotive, Electronics
IFC Venture Capital Group
VC Fund
1 United States, India, China Series B, Series C E-Commerce, Energy, Internet $9.1M–$60M
Darshan Chandaria
Angel
1 Kenya, United States Seed, Pre-Seed Software, B2B, SMS $58k–$285k
Safaricom
VC Fund
1 Kenya Seed, Series A, Series B Software, Information Technology, Apps
Presight Capital
VC Fund
1 United States, United Kingdom, Germany Seed, Series A, Series B Biotechnology, Health Care, Financial Services $2M–$125M
Invested Development
VC Fund
1 Kenya, India, United States Seed, Convertible Note Software, Analytics, SaaS $520k–$1.2M
Better Ventures
VC Fund
1 United States, Kenya, Canada Seed, Series A, Pre-Seed Health Care, Biotechnology, Software $75k–$26M
Musha Ventures
VC Fund
1 United States, Nigeria, Kenya Seed, Pre-Seed, Series A Software, Financial Services, FinTech $125k–$10M
Mizizi Africa Consumer Holdings
VC Fund
1 Kenya Seed Sports, Fashion, Outdoors
Cheryl Heller
Angel
1 Kenya Seed Hardware, Telecommunications, Enterprise Software
Social Capital
VC Fund
1 United States, Canada, India Seed, Series A, Series B Software, FinTech, SaaS $1M–$45M
CV VC
VC Fund
1 United States, Switzerland, Germany Seed, Pre-Seed Blockchain, Software, FinTech $125k–$4M
EchoVC Partners
VC Fund
1 United States, Nigeria, Kenya Seed, Series A, Pre-Seed Information Technology, FinTech, Software $200k–$22M
Access all 82 investors in Kenya Hardware startups.

Access 48,091 investors

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

Browse database — It's Free!

Investor list

FJ Labs
VC Fund · New York, New York, United States · 2 investments in Kenya Hardware startups

FJ Labs is a stage-agnostic investment firm that focuses on marketplaces and consumer facing startups.

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Investment focus

  • Industry: Software, E-Commerce, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: United States, Brazil, United Kingdom

Investor stats

  • Total investments: 899
  • Round size: Seed $1.4M–$10M; Series A $4.4M–$30M; Series B $12M–$65M
  • Lead/follow: 3% lead, 97% follow
  • Last fund: May invest from a new fund soon — raised $5.5M in 2016

Portfolio highlights

  • Fresha — Find the best salons and spa in your area with Fresha salon booking software. Book now!
  • roclub — roclub is a healthcare company that offers a teleoperation platform for MedTech. The platform enables MRI/CT scans to be carried out remotely, providing support and training for radiographers. The company's solution can bring medical technology, regardless of type, manufacturer, and installation site, into a managed system withoutintegrations plug-and-play. roclub also offers a bonus program for radiographers who recommend their solution to their employers.
  • Valeo — Get your lab tests done at the comfort of your home anywhere in Dubai through our personalized mobile health tracker app. Hassle-free blood sample collection.Wellness coach provided.
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QuantumSavanna VC
VC Fund · Nairobi, Nairobi Area, Kenya · 2 investments in Kenya Hardware startups

QuantumSavanna VC is an Africa-first venture capital firm investing in GPU-native deeptech startups addressing infrastructure-scale challenges across energy systems, climate modeling, industrial digital twins, advanced agriculture, and AI infrastructure. The firm focuses on accelerated computing platforms, physics-informed machine learning, andedge-to-cluster AI architectures that deliver measurable performance advantages in real-world infrastructure environments. QuantumSavanna backs technical founders building defensible, compute-intensive systems companies designed for emerging markets and globally scalable deployment across LATAM, Southeast Asia, and the Middle East. The fund invests from Pre-Seed to Series A and partners closely with teams on architecture strategy, infrastructure deployment pathways, and institutional fundraising readiness.

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Investment focus

  • Industry: Machine Learning, Artificial Intelligence, Analytics
  • Stage:Seed, Pre-Seed
  • Geography: Kenya

Investor stats

  • Total investments: 4
  • Round size: Seed $200k–$300k
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • FlockVoice — FlockVoice is an AI-powered poultry health intelligence platform that detects respiratory diseases 3–5 days before visible symptoms by analyzing chicken vocal patterns in real time. The company uses GPU-accelerated acoustic AI to reduce mortality, improve farm profitability, and enable predictive biosecurity.
  • SteelCheck — SteelCheck is an AI-powered construction compliance platform that verifies steel reinforcement and structural steel installations in real time. Using GPU-accelerated computer vision and spatial analysis, the platform detects rebar sizes, spacing, and placement on construction sites and validates them against engineering drawings and BIMspecifications before concrete placement.The platform helps contractors, structural engineers, inspectors, and infrastructure developers prevent costly structural errors, reduce rework, and ensure compliance with building standards and safety regulations. SteelCheck integrates mobile inspection tools, edge AI devices powered by NVIDIA Jetson, and cloud-based analytics to deliver instant compliance alerts and automated inspection reports.Backed by Techstars pre-seed funding and QuantumSavanna VC seed investment, SteelCheck is building the intelligence layer for construction verification, transforming manual inspection into real-time structural compliance for the global construction industry.
  • MetraEstate — MentraEstate is an AI-driven real estate intelligence platform designed to optimize property investment, valuation, and development decisions across emerging markets. The platform leverages machine learning, predictive analytics, and infrastructure-scale data modeling to provide investors, developers, and financial institutions with actionableinsights for portfolio optimization and risk management. MentraEstate focuses on emerging urban markets where data fragmentation limits investment efficiency, delivering structured intelligence tools that enhance transparency, forecasting accuracy, and capital allocation decisions.
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At One Ventures
VC Fund · San Francisco, California, United States · 2 investments in Kenya Hardware startups

At One Ventures finds, funds, and grows teams to catalyze a world where humanity is a net positive to nature.

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Investment focus

  • Industry: Energy, Manufacturing, Agriculture
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 71
  • Round size: Seed $2.9M–$15M; Series A $6.6M–$45M; Series B $17M–$70M
  • Lead/follow: 45% lead, 55% follow

Portfolio highlights

  • Relectrify — Unlocking extra lifetime and performance of batteries via advanced battery management (BMS) technology.
  • Inlyte Energy — Inlyte Energy is a company that creates batteries for grid storage. Inlyte Energy's grid battery uses the most abundant commodities - iron and salt - to create an energy storage solution with the unique combination of high efficiency, long lifetime, competitive energy density, and exceptional safety.
  • Blue Energy — Blue Energy is a nuclear power plant company that provides reliable, clean, and abundant electricity.
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U.S. International Development Finance Corp
VC Fund · Washington, District of Columbia, United States · 2 investments in Kenya Hardware startups

U.S. International Development Finance Corp is America’s development bank.

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Investment focus

  • Industry: Financial Services, Finance, Banking
  • Stage:Debt Financing, Post-IPO Debt
  • Geography: India, United States, Kenya

Investor stats

  • Total investments: 96
  • Round size: Post-IPO Debt $33M–$500M; Debt Financing $5M–$468M
  • Lead/follow: 74% lead, 26% follow
  • Last fund: Likely still investing — raised $300M in 2024

Portfolio highlights

  • Kodak — A global technology company providing industry-leading products and services for commercial print, packaging, publishing, manufacturing and entertainment.
  • Bayport Management — Bayport Management Limited, through its subsidiaries, provides retail financial services in the Republic of Mauritius and internationally.
  • Freshtohome — Freshtohome is an online grocery store that sells a range of seafood and meat to its users.The website’s range of products include fish, poultry, mutton, steaks, and fillet. Fish consists of shell, freshwater, and marine. Furthermore, it enables suppliers to supply their seafood and meat to the website.Freshtohome was launched in 2015 by ShanKadavil and is based in Bangalore.
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Finnfund
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Kenya Hardware startups

Finnfund is a Finnish development finance company that provides long-term risk capital for private projects in developing countries. Apart from co-investing with Finnish companies they can finance ventures that use Finnish technology, cooperate with Finnish partners on a long-term basis or generate major environmental or social benefits.

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Investment focus

  • Industry: Financial Services, Energy, FinTech
  • Stage:Debt Financing, Series B
  • Geography: Kenya, India, South Africa

Investor stats

  • Total investments: 66
  • Round size: Series B $5M–$41M; Debt Financing $2.7M–$135M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • IPT PowerTech — IPT PowerTech coverage, coupled with our extensive expertise in supply chain management, field implementation, and power systems, has made us one of the most capable companies in handling the most complicated and versatile projects in the MEA region and its neighboring countries.
  • Satya MicroCapital — Satya MicroCapital is an NBFC-MFI that offers collateral-free credit to micro enterprises on the basis of strong credit assessment and a centralised approval system.SATYA started its microfinance operations by adopting the “Joint Liability Group (JLG) Model” with adequate use of technology and new adaptations. JLGs of SATYA means implementationsof Joint Liability of group members which exists up to 10 instalments in Bi-Weekly collections. The Company believes in the ideology to bring social touch and high technology in the Indian microfinance industry.The JLG lending operation mainly focuses on a woman (in case of SATYA, her husband acts as co-borrower) through a credit product that allows her to start a new business or enhance her existing business as well. SATYA provides prompt, convenient and affordable collateral-free credit to people at the bottom of the pyramid through a strong credit assessment and centralized approval.The Company started its microfinance operation from Sikandrabad Branch, Bulandshar District of Uttar Pradesh and the first token disbursement was done in November 2016. SATYA utilized demonetization as an opportunity to rework on the business strategy through cashless transactions. SATYA is an institution build with a vision of change, transformation and will be a differentiator in financial inclusion space and its approach is well recognized by industry experts and professionals across different sectors. SATYA is committed to being a socially responsible organization with a focus on Health, Education, Financial Literacy, Nasha-Mukt Samaaj, Gender Equality, and Swachh Bharat. The Company is spreading social awareness messages in its area of operations.
  • Cassava Technologies — Cassava Technologies is an innovative technology company encompassing fiber networks, data centers, renewable energy, cloud & cybersecurity.
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Jim Sorenson
Angel · 1 investments in Kenya Hardware startups

Jim Sorenson a renowned entrepreneur, business leader, and social investor and has built multiple highly successful companies in industries ranging from technology and life sciences to real estate and private equity investment. Jim is the founder and former CEO of Sorenson Media and Sorenson Communications, with the latter sold in one of the mostlucrative private equity deals in Utah Unversity .

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Investment focus

  • Industry: Gaming, Banking, FinTech
  • Stage:Seed
  • Geography: United States, Kenya

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Funium — Funium, a Provo, Utah-based Facebook games developer. The flagship game is Family Village, which is currently in Alpha testing. A limited beta test is planned for Q2 2011.
  • BRCK — BRCK is an integrated hardware and software company based in Nairobi, Kenya that designs and engineers a rugged, self-powered, mobile WiFi device which connects people and things to the internet in areas of the world with poor infrastructure. Our vision is a world connected, where the last-mile of internet connectivity is as seamless for someoneliving in Africa as it is in Europe or the US. Ushahidi is a global organization that empowers people to make serious impact with open source technologies, cross-sector partnerships, and ground-breaking ventures.
  • ImpactAlpha — Breaking news, data and analysis to sustain an edge in impact investing. Trusted insights. Climate. Policy. Sustainability. Finance.
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Factor E
VC Fund · Fort Collins, Colorado, United States · 1 investments in Kenya Hardware startups

Factor E is a finance company that impacts venture builders, dedicated to supporting the people and ideas that will turn the tables in the global battle for sustainable solutions to energy, agriculture, mobility, and waste challenges in emerging and frontier markets. It serves as a conduit between philanthropic and commercial investors throughmarket-driven forces.

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Investment focus

  • Industry: Energy, Renewable Energy, Agriculture
  • Stage:Seed, Series A, Convertible Note
  • Geography: Kenya, United States, India

Investor stats

  • Total investments: 34
  • Round size: Seed $500k–$4.6M; Series A $1.3M–$10M; Convertible Note $20k–$1.1M
  • Lead/follow: 41% lead, 59% follow

Portfolio highlights

  • Roam — The Standard for Electric Mobility in Africa.
  • Open Access Energy — South Africa's first multilateral wheeling software platform that automates energy transactions.
  • 60Hertz Energy — Unify asset management with asset monitoring, enhance scheduling, and facile communication. Book a Demo Now!
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Khosla Impact
VC Fund · Menlo Park, California, United States · 1 investments in Kenya Hardware startups

Khosla Impact's mission is to assist great entrepreneurs developing products and services for the three billion people at the bottom of the world’s economic pyramid.Khosla Impact assists high-impact entrepreneurs who open up markets, increase productivity, and improve standards of living for the bottom half of the world economy.Weinvest in world-class entrepreneurs who are passionate about solving challenging, often intractable socio-economic problems through careful application of science, technology, and design or through creative business models. We believe in experimentation and encourage this approach among our entrepreneurs. We evaluate a wide range of opportunities but are primarily focused on for-profit enterprises serving people at the bottom half of the world’s economic pyramid: low-income laborers, farmers and families, as well as small businesses in emerging markets. Given our experience, South Asia is our initial, but not exclusive, geography of focus. We welcome entrepreneurs and business plans from all countries and regions.

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Investment focus

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

Investor stats

  • Total investments: 25
  • Round size: Series A $1.9M–$9.2M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: May invest from a new fund soon — raised $30M in 2012

Portfolio highlights

  • iMerit — iMerit's end-to-end data labeling solutions combined with Ango Hub data annotation tool is a best-in-class platform to scale your AI and machine learning data pipelines.
  • Neogrowth — Best loan offer for your small business. Apply for Collateral Free Business Loan online & get instant loan disbursal. For more details call us at 18004195565.
  • Smile ID — Smile ID provides the best onboarding, identity verification, and user authentication service for fast growing businesses and startups in Africa.
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Javelin Venture Partners
VC Fund · San Francisco, California, United States · 1 investments in Kenya Hardware startups

Javelin Venture Partners invests in early-stage tech companies with incredible potential, managed by teams of energetic, trustworthy, and capable leaders. Javelin looks for advanced bleeding-edge innovations, where the addressable market size is substantial, and strong competitive advantages exist. A typical investment is between $1 to $6million, with reserves for follow-on investments. In addition, Javelin also considers smaller seed investments for unique companies just getting started. Located in downtown San Francisco, while invests throughout the world. Javelin is a very active investor with a long-term outlook and the objective of creating substantial value.

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Investment focus

  • Industry: Software, E-Commerce, Enterprise Software
  • Stage:Series A, Seed, Series B
  • Geography: United States, Canada, India

Investor stats

  • Total investments: 148
  • Round size: Seed $1.2M–$9M; Series A $4M–$19M; Series B $8M–$75M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • Landed — LANDED makes hiring top-notch candidates onto your team effortless.
  • Resemble AI — AI voice generator with voice cloning for text to speech.
  • Nexenta Systems — Nexenta is the global leader in Open Source-driven Software-Defined Storage (OpenSDS) with 6,000+ customers, 400+ partners, 46,000+ community members, 40+ patents, and 2,000+ petabytes of storage capacity under management. Nexenta has redefined the storage industry via its unique dual leadership in Open Source community collaboration andSoftware-Defined Storage innovation. Nexenta OpenSDS solutions are "100% Software." Nexenta supports any app-, cloud-, protocol-, and hardware-platform; providing organizations with the "Total Freedom" to fight against predatory vendor lock-in. Nexenta provides organizations with the benefits of Software-Defined Everything-centric Cloud Computing – from data centers to end users; from the infrastructure to apps. Nexenta enables the widest variety of legacy, Windows, web, virtual, and cloud-native apps; supporting any rich media-driven Mobile and Social Living, Internet of Things, Big Data-driven Commercial Off The Shelf (COTS) and/or Do-It-Yourself (DIY) Cloud deployment – from Private and Public to Hybrid Clouds. Founded around an "Open Source” platform and industry-disrupting vision, Nexenta delivers its award-winning "software-only unified storage management" solutions with 24x7 consulting, service, support, and a global partner network, including Cisco, Citrix, Dell, Docker, HP, Micron, Openstack, Quanta, SanDisk, Seagate, Supermicro, VMware, Western Digital, Wipro, and many others. Nexenta: 100% Software. Total Freedom. All Love.For more information visit, www.nexenta.com
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Kepple Africa Ventures
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Kenya Hardware startups

We back exceptional founders in and from Africa who are addressing deep gaps between the status quo and the ideal.

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, Kenya, Egypt

Investor stats

  • Total investments: 77
  • Round size: Seed $500k–$4.5M; Pre-Seed $300k–$3.4M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Paps — Paps is a transport and logistics company that offers innovative distribution and delivery solutions to companies and merchants.The company's e-commerce platform helps companies and traders with scheduling and tracking deliveries on a real-time basis. It offers the distribution of documents and parcels, storage of goods in a secure warehousethat meets standards, and delivery of insured parcels in relay point or last mile. It also provides professional services such as management and repayment of cash on delivery, provision of couriers, management of returns, collection, and periodic reporting.The Dakar, Dakar, Senegal-based company was founded in 2016
  • Mvxchange — MVX makes freight shipping easier and more coordinated for companies of any size by bringing the whole booking and deployment process online. We simplify Africa’s end-to-end import and export trade transactions by aggregating and organizing 7+ services through 1 digital channel.
  • Intmax — INTMAX has developed significant innovations in ZK implementation making it a unique Layer2 rollup network that offers low cost, security, tunable privacy, and above all, scalability.
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Access 48,091 investors

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

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Orange Ventures
VC Fund · Paris, Ile-de-France, France · 1 investments in Kenya Hardware startups

Orange Ventures is a venture fund investing in areas of Orange expertise and beyond, with financial objectives in line with VC industry standards. With 350m€ assets under management, Orange Ventures is in the top 10 corporate ventures in Europe with an investment strategy focused on helping future global tech champions, fostering innovation in theMiddle East and Africa, and supporting new sustainable and responsible business models.

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Investment focus

  • Industry: Software, FinTech, Information Technology
  • Stage:Seed, Series B, Series A
  • Geography: France, United States, United Kingdom

Investor stats

  • Total investments: 79
  • Round size: Seed $600k–$5M; Series A $2.7M–$12M; Series B $11M–$33M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • SAYNA — Sayna is to provide high-quality training in the digital sector and provide professional chances to young people by bridging the gap between the growing demand and supply for digital talent in Africa.
  • Traace — Traace is a software that allows companies to measure and manage their carbon footprint. Carry out your carbon assessment. Follow your action plan easily and precisely.
  • Gebeya — Gebeya is building a-self-sustainable ecosystem that trains, hires, and nurtures the best of African talent. Our mission is to be the premier software engineering and IT training academy in Africa, while becoming the number one global IT services workplace that matches African IT talent with clients across Africa and the rest of the world.
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Gary Scheft
Angel · New York, New York, United States · 1 investments in Kenya Hardware startups

Gary is the co-founder of Accounting for Everything, and a serial entrepreneur with decades of experience in a variety of industries including healthcare, fashion, real estate, and communications. He is also a survivor of Wall Street.Gary’s is dedicated to helping small businesses and individuals organize and see the big picture of theirfinancial health, including relationships with partners, investors and customers.He brings experience in business management, marketing, human resources, and communication to client engagements, and many have benefited from his generosity and insight. Gary epitomizes the concept of wisdom, defined as experience, knowledge and the right action.Wise beyond his years, Gary is knowledgable about human issues as well as financial ones.

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Investment focus

  • Industry: Hardware, Telecommunications, Enterprise Software
  • Stage:Seed
  • Geography: Kenya

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • BRCK — BRCK is an integrated hardware and software company based in Nairobi, Kenya that designs and engineers a rugged, self-powered, mobile WiFi device which connects people and things to the internet in areas of the world with poor infrastructure. Our vision is a world connected, where the last-mile of internet connectivity is as seamless for someoneliving in Africa as it is in Europe or the US. Ushahidi is a global organization that empowers people to make serious impact with open source technologies, cross-sector partnerships, and ground-breaking ventures.
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Novastar Ventures
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in Kenya Hardware startups

For the many, not just the few. For good.

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Investment focus

  • Industry: Agriculture, Health Care, Internet
  • Stage:Series A, Series B
  • Geography: Kenya, Nigeria, United Kingdom

Investor stats

  • Total investments: 64
  • Round size: Series A $1.7M–$15M; Series B $3.5M–$42M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: May invest from a new fund soon — raised $108M in 2020

Portfolio highlights

  • Soko — SOKO produces innovative, ethical jewelry and accessories from sustainable materials in Nairobi, Kenya
  • Ignitia — Ignitia provides hyper-local weather updates, via SMS, based on GPS location. Since our commercial launch in 2015, we have established partnerships to work with small-scale farmers. We send daily, monthly and seasonal rain forecasts to help farmers avoid adverse impacts of an ever-changing climate.Unlike other regions, rain in the tropics isproduced by small-scale systems where convection is a driving force. These convection forces can appear much more quickly and without seemingly any notice to the untrained eye. Ignitia's technology is specifically designed to predict this kind of weather.
  • Moniepoint — Moniepoint provides an all-in-one payments, banking and operations platform for businesses and their customers.
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Revolution
VC Fund · Washington, District of Columbia, United States · 1 investments in Kenya Hardware startups

Revolution invests in people and ideas that can change the world. Our mission is to build disruptive, innovative companies that offer more choice, convenience, and control in the lives of consumers and businesses.

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Investment focus

  • Industry: Software, SaaS, E-Commerce
  • Stage:Series A, Seed
  • Geography: United States, Canada, Kenya

Investor stats

  • Total investments: 179
  • Round size: Seed $641k–$5M; Series A $3.3M–$18M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • DemandJump — Combining your data with data beyond your four walls DemandJump provides a roadmap of the actions you should take to ensure your marketing drives revenue.
  • DraftKings — The best place to play daily fantasy sports for cash prizes. Make your first deposit!
  • Resonate — Resonate's pioneering approach goes beyond traditional targeting on broad demographics, past behaviors or general interests. Political campaigns, advocacy groups and major consumer brands now use Resonate's motivations based targeting to deliver successful online ad campaigns based on otherwise unidentifiable values such as patriotism,environmentalism, taste for luxury, interest in innovation and thousands of other human dimensions.
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TED
VC Fund · New York, New York, United States · 1 investments in Kenya Hardware startups

TED is a platform for ideas worth spreading. Started in 1984 as a conference where technology, entertainment and design converged, TED today shares ideas from a broad spectrum — from science to business to global issues — in more than 100 languages. Meanwhile, independent TEDx events help share ideas in communities around the world.

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Investment focus

  • Industry: Hardware, Telecommunications, Enterprise Software
  • Geography: Kenya

Investor stats

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

Portfolio highlights

  • Monzo — Spend, save and manage your money, all in one place. Open a full UK bank account from your phone, for free.
  • BRCK — BRCK is an integrated hardware and software company based in Nairobi, Kenya that designs and engineers a rugged, self-powered, mobile WiFi device which connects people and things to the internet in areas of the world with poor infrastructure. Our vision is a world connected, where the last-mile of internet connectivity is as seamless for someoneliving in Africa as it is in Europe or the US. Ushahidi is a global organization that empowers people to make serious impact with open source technologies, cross-sector partnerships, and ground-breaking ventures.
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Winshall Walt
Angel · 1 investments in Kenya Hardware 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 — StoryFit puts the power of artificial intelligence in the hands of publishers and studios.StoryFit is a technology company that delivers artificial intelligence insights and solutions for the book publishing, movie, and television production industries. The name StoryFit comes from that simple idea: know how your story fits in the landscape; finda story to fit your audience, and an audience that fits your story. It represents their motivation and their promise to their customers: to support creative decision-makers in their production of memorable stories by providing the smartest, most adaptable, and most dynamic machine learning insights to narrative content available.
  • 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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Equator
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in Kenya Hardware startups

A venture capital firm investing in tech-enabled, early-stage ventures that are accelerating an equitable climate transition in Sub-Saharan Africa.

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Investment focus

  • Industry: Software, Renewable Energy, Agriculture
  • Stage:Seed, Series A
  • Geography: Kenya, United States, United Kingdom

Investor stats

  • Total investments: 10
  • Round size: Seed $1.8M–$5M; Series A $14M–$15M
  • Lead/follow: 60% lead, 40% 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.
  • Open Access Energy — South Africa's first multilateral wheeling software platform that automates energy transactions.
  • SHYFT Power Solutions — SHYFT builds industrial-grade IoT and integrated software to connect and intelligently manage distributed energy resources (DERs) in markets that struggle with resiliency. SHYFT is pioneering the development of integrated decentralized power systems in emerging markets like Nigeria, leapfrogging over traditional central infrastructure and enablingDERs to scale and support existing but unreliable grids.
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Beyond Capital Ventures
VC Fund · 1 investments in Kenya Hardware startups

Beyond Capital Ventures is a venture capital firm, offering a diversified portfolio of companies in "need-to-have" sectors, led by conscious leaders.

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Investment focus

  • Industry: E-Commerce, Health Care, Retail
  • Stage:Series A, Series B
  • Geography: India, Kenya, Ghana

Investor stats

  • Total investments: 15
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • Fasal — Fasal offers smart irrigation automation and fertigation automation system, soil moisture & temperature sensors, weather stations for precision irrigation
  • 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.
  • Alt Mobility — ALT Mobility is a full-stack EV leasing platform offering mobility as a service (MaaS) for commercial vehicle users.
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Talanton
VC Fund · Newtown Square, Pennsylvania, United States · 1 investments in Kenya Hardware startups

Talanton helps you combat poverty in developing countries by creating jobs. You can free those in poverty by coming alongside them through investments in growth-stage businesses.

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Investment focus

  • Industry: Retail, Sports, Fashion
  • Stage:Seed, Series A, Series B
  • Geography: Kenya

Investor stats

  • Total investments: 3
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • Pezesha — Digital Financial Ecosystem for connecting MSMEs to Capital.
  • Enda Sportswear — Kenyan running shoes that reward a natural midfoot landing and match the way runners train. Proudly made in Kenya and certified Climate Neutral. The most socially conscious running shoes in the world.
  • MoKo Home + Living — MoKo Home is your plug for Modern Sofas, Quality Mattresses, Beds & affordable home furniture in Kenya. Order furniture online and we deliver
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Mato Perić
Angel · London, England, United Kingdom · 1 investments in Kenya Hardware 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 $3.3M–$6M; Series A $7.7M–$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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Accion Ventures
VC Fund · Washington, District of Columbia, United States · 1 investments in Kenya Hardware startups

Accion Ventures is an investment strategy that today pursues early-stage investments as part of Accion Impact Management.

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Investment focus

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

Investor stats

  • Total investments: 127
  • Round size: Seed $500k–$6.5M; Series A $2.6M–$33M; Series B $8M–$30M
  • Lead/follow: 34% lead, 66% follow

Portfolio highlights

  • Kuunda — Kuunda provides consulting, liquidity management, data insight tools enabling users to fulfill financial needs through a digital platform.
  • Lami — Lami is an end-to-end digital insurance platform and API that enables companies across sectors to offer insurance products. Its API allows underwriters to connect with consumer-facing companies that can provide embedded insurance as a value add for existing customers, many of whom are uninsured.
  • Cashinvoice — Cashinvoice connects supply chain stakeholders and digitises invoice-to-cash processes to unlock working capital trapped within supply chains and accelerate business growth
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MKS
VC Fund · Genève, Geneve, Switzerland · 1 investments in Kenya Hardware startups

MKS is a precious metals and financial services company part of the MKS PAMP GROUP, specializing in all aspects of gold and other precious metals processing and trading. It develops and maintains long-term relationships, and offers a wide range of services in those markets. MKS draws from more than 50-years of experience.Networked throughmodern communications systems between its various offices worldwide, MKS is closely involved in the latest gold and price developments throughout the world, 24-hours a day. With its direct involvement in the physical precious metals market, and through its subsidiary refinery, PAMP SA, MKS maintains a thorough understanding of the industry, as well as consistently high quality products and services.Moreover, the Group is headed by an uncommonly experienced team of precious metals professionals, with over 600 employees worldwide and more than 14 offices on five continents.As market leader, MKS remains on the pulse of the global gold business, advising the financial services industry on the commodity that lies at the heart of their monetary system.

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Investment focus

  • Industry: Consumer Electronics, Drones, Hardware
  • Stage:Series A
  • Geography: Kenya, Switzerland

Investor stats

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

Portfolio highlights

  • BRCK — BRCK is an integrated hardware and software company based in Nairobi, Kenya that designs and engineers a rugged, self-powered, mobile WiFi device which connects people and things to the internet in areas of the world with poor infrastructure. Our vision is a world connected, where the last-mile of internet connectivity is as seamless for someoneliving in Africa as it is in Europe or the US. Ushahidi is a global organization that empowers people to make serious impact with open source technologies, cross-sector partnerships, and ground-breaking ventures.
  • Flyability — Flyability is an EPFL spin-off dedicated to creating safe, collision-tolerant robotics to access inaccessible places, replacing dangerous human operations with unmanned devices.
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Synergy Growth
VC Fund · London, England, United Kingdom · 1 investments in Kenya Hardware startups

Synergy Growth is a private tech investment fund, established in 2011 by Steve Brooks and Nat Billington. Their purpose is to make early stage investments in disruptive technologies that aim to change the way we live our lives for the better. They invest resources in exceptional entrepreneurs and teams to help accelerate their growth and bringto market their innovative ideas and products. Their current portfolio has a strong focus on clean energy production and storage, and transport, as climate change is the most pressing issue facing humanity today. They have also invested in start-ups that harness the latest technologies to alter the way they work, communicate, travel and learn, towards more efficiency and less waste.

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Investment focus

  • Industry: Solar, Energy, Hardware
  • Stage:Seed, Series A
  • Geography: Kenya, United Kingdom

Investor stats

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

Portfolio highlights

  • Bboxx — Bboxx exists to solve energy poverty. We transform lives and unlock potential through energy access.
  • BRCK — BRCK is an integrated hardware and software company based in Nairobi, Kenya that designs and engineers a rugged, self-powered, mobile WiFi device which connects people and things to the internet in areas of the world with poor infrastructure. Our vision is a world connected, where the last-mile of internet connectivity is as seamless for someoneliving in Africa as it is in Europe or the US. Ushahidi is a global organization that empowers people to make serious impact with open source technologies, cross-sector partnerships, and ground-breaking ventures.
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Village Global
VC Fund · San Francisco, California, United States · 1 investments in Kenya Hardware startups

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: 316
  • Round size: Seed $1.9M–$11M; Pre-Seed $500k–$3.5M; Series A $8M–$23M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: May invest from a new fund soon — raised $125M in 2021

Portfolio highlights

  • Maisa — Maisa is a deep-tech AI research lab focused on autonomous knowledge processing and reasoning engines leveraging KPU (knowledge processing Unit). It powers maiWork, the first platform to execute end-to-end jobs and mission-critical processes with autonomous digital workers, with full traceability and ever-growing know-how.
  • Wasoko — Increasing purchasing power across Africa. Making every retailer thrive, every shopper happy and every community shine! We are Wasoko.
  • Flower — Flower Computer Company creates technology that turns everyday objects like flowers into interconnected computers.
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468 Capital
VC Fund · Berlin, Berlin, Germany · 1 investments in Kenya Hardware 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: 196
  • Round size: Seed $2.7M–$12M; Pre-Seed $500k–$4M; Series A $11M–$40M
  • 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.
  • Kombo — One unified API for HRIS, Payroll & ATS
  • hello again — hello again is a software that offers digital loyalty solutions. Their service includes customer relationships, customer loyalty management, software engineering, loyalty club, communication, customer acquisition, sales promotion, and insights.
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Umoja Rubber Products
VC Fund · 1 investments in Kenya Hardware startups

Umoja Rubber Products is an investment Firm.

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Investment focus

  • Industry: Sports, Fashion, Outdoors
  • Stage:Seed
  • Geography: Kenya

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Enda Sportswear — Kenyan running shoes that reward a natural midfoot landing and match the way runners train. Proudly made in Kenya and certified Climate Neutral. The most socially conscious running shoes in the world.
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Omvestments
VC Fund · Dallas, Texas, United States · 1 investments in Kenya Hardware startups

Omvestments is a financial services company founded by Richard Winston. The company’s areas of interest include nanotechnology, big data, supply chain and logistics, clean technology, and more.

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Investment focus

  • Industry: Hardware, Telecommunications, Enterprise Software
  • Stage:Seed
  • Geography: Kenya

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • BRCK — BRCK is an integrated hardware and software company based in Nairobi, Kenya that designs and engineers a rugged, self-powered, mobile WiFi device which connects people and things to the internet in areas of the world with poor infrastructure. Our vision is a world connected, where the last-mile of internet connectivity is as seamless for someoneliving in Africa as it is in Europe or the US. Ushahidi is a global organization that empowers people to make serious impact with open source technologies, cross-sector partnerships, and ground-breaking ventures.
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Raba Partnership
VC Fund · Cape Town, NA - South Africa, South Africa · 1 investments in Kenya Hardware 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: 56
  • Round size: Seed $2M–$6M; Pre-Seed $635k–$6.5M; Series A $9.2M–$32M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: Likely still investing — raised $60M in 2021

Portfolio highlights

  • Cloudline — Cloudline leverages lighter-than-air technology and the latest developments in unmanned aerial vehicles to deliver essential goods and services to the 1 billion people without direct access to roads and runways.
  • Cloudline — The all-in-one cloud platform helping leisure businesses sell more, reduce costs & personalize experiences.
  • Fuse Financial Technologies — Financial APIs for building products in the Middle East.
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Savannah Fund
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in Kenya Hardware 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: 38
  • Round size: Seed $25k–$3M; Pre-Seed $200k–$2.1M; Series A $750k–$8M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: May invest from a new fund soon — raised $25M in 2021

Portfolio highlights

  • Oze — OZÉ brings African small businesses into the digital era. It is an app that makes it easy for businesses to track sales, expenses, and customer information. The data is analyzed to provide tailored recommendations, reports, and business education. If the entrepreneur needs a little extra support, an OZÉ Coach is just a click away. As they are usingOZÉ to manage their business and learn how to run it better, we are learning about them. Using this data and machine learning, we can predict their credit risk and provide them with affordable capital from our banking partners. With over 20,000 registered users, OZÉ is the largest online community of SMEs in Ghana. The most exciting thing is that OZÉ works; 97% of businesses that have used OZE for at least 9 months are growing or profitable or both!
  • Root — Launch digital and embedded insurance solutions with omni-channel distribution.
  • Afropolitan — Afropolitan is building a Network State to unleash the maximum potential of Africans around the world. Are you interested? Join us with your email.
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Satgana
VC Fund · Luxembourg, Luxembourg, Luxembourg · 1 investments in Kenya Hardware startups

Satgana is a global Climate Tech Venture Capital firm backing purpose-driven founders building a planet-positive future, in Europe and Africa.

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Investment focus

  • Industry: Energy, Renewable Energy, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: France, Germany, The Netherlands

Investor stats

  • Total investments: 22
  • Round size: Seed $1.5M–$6.6M; Pre-Seed $600k–$2.5M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: Likely still investing — raised $35M in 2022

Portfolio highlights

  • Orbio — Orbio helps oil & gas companies reduce methane emissions. We do this by utilising cutting-edge satellite analytics fused with ground data sources to deliver Actionable methane intelligence to power the energy transition.
  • Yeasty — Yeasty produces natural and protein yeast food.
  • Loewi — Loewi allows you to sell your two-wheeled companion.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Aster
VC Fund · Paris, Ile-de-France, France · 1 investments in Kenya Hardware startups

Aster is a Venture Capital firm with offices in 4 major innovation hubs: Paris, London, Tel Aviv and San Francisco. Since 2000, they have partnered with more than 60 teams of entrepreneurs that are transforming markets with disruptive offers and technologies. They are always open to exploring new ideas related to mobility, energy and industrysectors that they have been covering until now. They invest in all stages, with a preference for the early phase.They are more than investors and they intend to act as an ally for entrepreneurs by connecting them to a valuable ecosystem of experts, influencers and business leaders. From marketing to executive talent, their commitment to the growth of their portfolio companies as well as the entire venture ecosystem also involves the commitment of their dedicated Operations team, their innovation strategy consulting firm (Aster Fab) and a crowdfunding branch to further expand opportunities (Aster Crowd).Some of their success stories include Solairedirect (acquired by Engie in 2015), Digital Lumens (acquired by Osram in 2017) and Avantium (IPOed in 2017).

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Investment focus

  • Industry: Energy, Software, Manufacturing
  • Stage:Series A, Series B
  • Geography: France, United States, United Kingdom

Investor stats

  • Total investments: 137
  • Round size: Series A $1.6M–$22M; Series B $6.6M–$27M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: May invest from a new fund soon — raised $281M in 2017

Portfolio highlights

  • 2trde — 2trde accelerates B2B used car trading!
  • Otoqi — Otoqi is a vehicle delivery platform that develops connected services and logistics solutions for the automotive professionals.
  • Iceotope — Iceotope has developed technology with a blank drawing board and an open mind. So when we look at conventional problems, we find unconventional solutions.Built around our liquid-cooling approach and shaped by an extensive portfolio of patents, we’ve proven what our technology can do for HPC and data centre applications - dramatically reducingenergy consumption, space and noise. But it’s just the start. We’re going to keep innovating, working toward a day when wasteful, inefficient air-cooling is a thing of the past. We have created a business to look forward, but we’re also proud of the heritage that British engineering is built on. Iceotope is delighted to own the Made in Sheffield mark to show our dedication to the area’s tradition of engineering excellence. With decades of technical, design and engineering experience, we’ve established Iceotope as a trusted partner at the forefront of liquid-cooling technology. Now we’re investing to make sure we stay there: refining our designs, improving performance and engineering new applications.
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Synergy Energy
VC Fund · London, England, United Kingdom · 1 investments in Kenya Hardware startups

Synergy Energy is a private tech investment fund, established in 2011 by Steve Brooks and Nat Billington. Their purpose is to make early stage investments in disruptive technologies that aim to change the way they live their lives for the better. They invest resources in exceptional entrepreneurs and teams to help accelerate their growth andbring to market their innovative ideas and products. Their current portfolio has a strong focus on clean energy production and storage, and transport, as climate change is the most pressing issue facing humanity today. They have also invested in start-ups that harness the latest technologies to alter the way They work, communicate, travel and learn, towards more efficiency and less waste. They work with incredible people that inspire them with their passion to succeed and share Their desire for transparency, simplicity, and disruption.

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Investment focus

  • Industry: Hardware, Manufacturing, Telecommunications
  • Stage:Series A
  • Geography: Kenya, United Kingdom

Investor stats

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

Portfolio highlights

  • BRCK — BRCK is an integrated hardware and software company based in Nairobi, Kenya that designs and engineers a rugged, self-powered, mobile WiFi device which connects people and things to the internet in areas of the world with poor infrastructure. Our vision is a world connected, where the last-mile of internet connectivity is as seamless for someoneliving in Africa as it is in Europe or the US. Ushahidi is a global organization that empowers people to make serious impact with open source technologies, cross-sector partnerships, and ground-breaking ventures.
  • Vantage Power — Vantage Power design and manufacture retrofit hybrid powertrains for buses, enabling operators to reduce their fuel consumption and emissions at a fraction of the cost of purchasing new hybrid buses. By designing the whole hybrid system - everything between the fuel tank and the wheels - we ensure optimal performance of every component, resultingin higher fuel economy, lower emissions, and greater reliability than other systems.The company's engineering team - drawn from the heavy-duty vehicle, Formula 1 and aerospace industries - is continuously challenged to develop innovative solutions, and this has culminated in a truly unique product offering.
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E3 Capital
VC Fund · Paris, Ile-de-France, France · 1 investments in Kenya Hardware startups

E3 Capital invests in growing, entrepreneurial businesses in Sub-Saharan Africa addressing the lack of electrification in the region with new technology and innovative business models. The fund is backed by Schneider Electric, the leading energy management multinational, and a number of public-sector investors.

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Investment focus

  • Industry: Energy, Solar, Renewable Energy
  • Stage:Seed, Series A, Series B
  • Geography: Kenya, South Africa, United States

Investor stats

  • Total investments: 47
  • Round size: Seed $1.3M–$8M; Series A $1.8M–$7.5M; Series B $8.5M–$40M
  • Lead/follow: 49% lead, 51% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Plentify — Plentify connects home appliances with cheaper cleaner energy. It does this with an intelligent residential load management platform which matches demand with clean energy supply for 75% cheaper than batteries. Plentify combines advanced hardware, AI, and user-centric design to create smart home products that delight customers while alsostrengthening electricity systems.
  • SolarX Africa — SolarX commercial and industrial (C&I) solar company that provides clean and efficient solar solutions, through leasing options in frontier markets.
  • Untapped Global — Untapped connects global investors, and foreign capital to opportunities in emerging markets. Delivering competitive returns, and measurable impact for global investors.
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Wuri Ventures
VC Fund · Dakar, Dakar, Senegal · 1 investments in Kenya Hardware startups

Wuri Ventures focuses on innovating the spectrum between market-based solutions and pure public goods. It realizes that much successful innovation in Africa has occurred in this space, where innovation around market failures such as information asymmetry (data), fragmentation (platforms) and public goods (electricity, mobility) can solve previouslyintractable problems. Its unique mathematical properties, from cellular automata and emergence to numerical methods, studied by researchers, links ancient African culture to modern technology. It supports world-class entrepreneurs in solving Africa’s biggest challenges using innovation.

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Investment focus

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

Investor stats

  • Total investments: 18
  • Round size: Seed $634k–$13M; Pre-Seed $500k–$1M; Series A $15M–$30M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Kwely — Kwely is a dynamic and fast-growing startup. We are always looking for passionate, dynamic, fun and hard-working individuals to join our team.
  • Cauri Money — Collect funds locally in EUR and GBP and settle in hard currency via SWIFT. Infrastructure designed for banks in emerging markets.
  • Fig Finance — We're closing the credit gap. We connect global and local lenders, with the strongest emerging market businesses.
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MPGI
VC Fund · London, England, United Kingdom · 1 investments in Kenya Hardware 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: 47
  • Round size: Seed $2M–$10M; Pre-Seed $3.3M–$6M; Series A $7.7M–$100M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Alaan — Take control of your business spend.
  • inyad — Run and grow your business with one powerful platform: POS, invoicing, staff & payroll, TPE, business wallet, and secure payment links. Simple. Fast. Reliable.
  • Even — Even is a health tech company and healthcare provider that partners directly with the top hospitals in the country to offer you unlimited diagnostics, consultations, and 50 lakh worth of hospitalisations all with one monthly subscription cost.
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Jigsaw VC
VC Fund · St. Helier, NA - Jersey, Jersey · 1 investments in Kenya Hardware startups

Jigsaw VC website

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Investment focus

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

Investor stats

  • Total investments: 23
  • Round size: Seed $2.5M–$7.1M; Pre-Seed $1M–$1.2M; Series A $5M–$28M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • 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.
  • Kaizan — Kaizan is a Client Intelligence Platform for Client Success teams to retain and grow revenue
  • Tide — Our award-winning business account gives time back to people who work for themselves. Join our community of entrepreneurs just like you!
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Mercy Corps Ventures
VC Fund · Portland, Oregon, United States · 1 investments in Kenya Hardware startups

Our impact investing arm, Mercy Corps Ventures (MCV), invests in and fuels high-impact enterprises that increase the resilience of people and communities in frontier markets.

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Investment focus

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

Investor stats

  • Total investments: 26
  • Round size: Seed $1.2M–$5.3M; Pre-Seed $600k–$4.2M; Series A $2.5M–$12M
  • Lead/follow: 12% lead, 88% follow

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.
  • Pivo — Pivo is an all-in-one financial services platform for businesses in the supply chain. Set up accounts, access credit and manage your finances in one simple application.
  • Open Forest Protocol — With Open Forest Protocol (OFP), measure, report, verify and fund forestation projects with digital transparency
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Ambo Ventures
VC Fund · 1 investments in Kenya Hardware startups

Ambo Ventures is a new fund dedicated to launching sustainable ecosystems in Africa.

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Investment focus

  • Industry: CleanTech, Automotive, Electronics
  • Stage:Seed
  • Geography: Kenya

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Roam — The Standard for Electric Mobility in Africa.
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IFC Venture Capital Group
VC Fund · Washington, District of Columbia, United States · 1 investments in Kenya Hardware startups

IFC supports technology ventures that are creating new opportunities in emerging markets, transforming industries, and driving inclusive growth while realizing strong returns.

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Investment focus

  • Industry: E-Commerce, Energy, Internet
  • Stage:Series B, Series C
  • Geography: United States, India, China

Investor stats

  • Total investments: 60
  • Round size: Series B $10M–$43M; Series C $9.1M–$60M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Loggi — Loggi is connecting Brazil, using technology to reinvent logistics with a fast, cost-efficient, and reliable network across e-commerce, wholesale food delivery, and courier services. Loggi is unlocking the growth of the on-demand economy, supporting new commerce for Brazil’s large, young, urban population.The company was founded in 2013 and isbased in São Paulo, Brazil.
  • Coursera — Coursera is an online education company that serves over 20 million registered learners by partnering with 140 of the world’s best universities and education institutions. On Coursera, anyone, anywhere can access over 1,000 online courses and Specializations in dozens of fields in order to achieve meaningful career, educational, and personalenrichment goals throughout their lives.The company was founded in 2012 and is headquartered in Mountain View, California.
  • TradeDepot — TradeDepot is an end-to-end distribution platform that connects the world's top consumer goods companies directly to retailers on the streets of Africa's cities. With its headquarters in Lagos, Nigeria, TradeDepot’s aim is to build the largest retail distribution network in Africa. The company was founded in 2016, with a mission toimprove milk distribution to smaller retailers on the continent, using technology. Today, the company is scaling the same technology to improve the distribution of food, beverages and personal care products to retailers, and to improve livelihoods for these retail store owners.
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Darshan Chandaria
Angel · 1 investments in Kenya Hardware 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 $58k–$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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Safaricom
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in Kenya Hardware startups

Safaricom is a mobile network operator that offers internet connectivity solutions, information management solutions, voice solutions, and communication solutions. It serves small businesses, medium businesses, and large corporates.The company’s services and offerings include international calls and roaming; data storage, recovery, and backup;online information storage and archiving; mobile banking services; wide area networks, managed Wi-Fi solutions, point-to-point connectivity, 4G connection, and Fiber to Buildings; IT consultancy; virtual collaboration, voice conferencing, and video conferencing; messaging services and voice services; music services; and more.Safaricom was founded in 1997 and is based in Nairobi, Kenya.

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Investment focus

  • Industry: Software, Information Technology, Apps
  • Stage:Seed, Series A, Series B
  • Geography: Kenya

Investor stats

  • Total investments: 4
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • mSURVEY — Start your first business web-page in minutes. Easily power online transactions, Buy Ads with your Airtime on Facebook, Instagram, and Google. Get ratings and reviews to build your business credibility, and enlarge your customer base.
  • iProcure — iProcure is a Nairobi-based start-up working to optimize the agriculture input supply chain in rural Kenya. iProcure’s web and mobile technology solution improves agriculture retailers’ operations. It lets them manage ordering based on inventory, point of sale activities, and client profiles along with geo-located purchasing patterns, real-timeagent performance and transaction analysis, and built-in mobile payments. As a result, retailers can better predict demand with business intelligence data, improve inventory management, and streamline distribution efficiency.
  • Lynk Jobs — Lynk solves the problems faced by informal workers and the households and businesses seeking their services. Lynk’s digital platform connects informal workers with customers who require services such as housekeeping, plumbing, electrical work and carpentry. Lynk’s systems enable the effective recruitment of workers, smart matching of the workers tojobs and a customer rating system that helps workers to build the skills profile.
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Presight Capital
VC Fund · Los Angeles, California, United States · 1 investments in Kenya Hardware 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: 113
  • Round size: Seed $2M–$10M; Series A $10M–$75M; Series B $8.2M–$125M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: May invest from a new fund soon — raised $400M in 2021

Portfolio highlights

  • thirdweb — Build on internet capital markets with infrastructure for agents to discover, pay for, and interact with services and APIs.
  • Razor Group — A consumer goods holding company with a clear strategic focus on focused product categories, long-term value enhancement and first-class customer satisfaction.
  • Alloy Therapeutics — Alloy Therapeutics empowers scientists with access to pre-competitive biologics drug discovery technologies and services across 6 modalities
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Invested Development
VC Fund · Boston, Massachusetts, United States · 1 investments in Kenya Hardware startups

Invested Development (ID) is an investment management company founded in Boston, MA in 2009 and now based in Atlanta, GA. ID launched the BSP Fund in 2011 which was fully vested across 19 companies in 2020. Exits include: Simpa (India) acquired by Engie (France); OnFarm (US) acquired by SWIIM (US); iHub (Kenya) acquired by ccHub (Nigeria), and GELI(US) acquired by Hanwha Q-Cells (Korea).

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Investment focus

  • Industry: Software, Analytics, SaaS
  • Stage:Seed, Convertible Note
  • Geography: Kenya, India, United States

Investor stats

  • Total investments: 5
  • Round size: Seed $520k–$1.2M
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Angani — Angani offers cutting-edge & affordable solutions in cloud infrastructure, backup & disaster recovery, media streaming, cloud PABX and data analytics. Enjoy local support, low latencies, and faster response times.
  • BRCK — BRCK is an integrated hardware and software company based in Nairobi, Kenya that designs and engineers a rugged, self-powered, mobile WiFi device which connects people and things to the internet in areas of the world with poor infrastructure. Our vision is a world connected, where the last-mile of internet connectivity is as seamless for someoneliving in Africa as it is in Europe or the US. Ushahidi is a global organization that empowers people to make serious impact with open source technologies, cross-sector partnerships, and ground-breaking ventures.
  • iProcure — iProcure is a Nairobi-based start-up working to optimize the agriculture input supply chain in rural Kenya. iProcure’s web and mobile technology solution improves agriculture retailers’ operations. It lets them manage ordering based on inventory, point of sale activities, and client profiles along with geo-located purchasing patterns, real-timeagent performance and transaction analysis, and built-in mobile payments. As a result, retailers can better predict demand with business intelligence data, improve inventory management, and streamline distribution efficiency.
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Better Ventures
VC Fund · Oakland, California, United States · 1 investments in Kenya Hardware startups

Better Ventures provides funding and support to technology startups building innovative solutions to big and important problems, from work and education to health and sustainability. Given the magnitude of the these problems and the enormous market opportunities they represent, it takes the best and brightest minds armed with the best resources toaddress them. These are the people they seek to back – entrepreneurs committed to using the tools and methodologies of the modern technology startup to build world-changing companies that make money and do good. They're thinking big and expecting big results, and so are the entrepreneurs they back.

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Investment focus

  • Industry: Health Care, Biotechnology, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Kenya, Canada

Investor stats

  • Total investments: 94
  • Round size: Seed $75k–$5.5M; Pre-Seed $575k–$2.7M; Series A $2.5M–$26M
  • Lead/follow: 22% lead, 78% follow
  • Last fund: May invest from a new fund soon — raised $32M in 2019

Portfolio highlights

  • dehaze — dehaze provides healthcare services by bringing medical AI models into clinical practice.
  • HiCap.ai — HiCap.ai offers an AI computing platform that enables businesses to run large language models from providers like OpenAI, Anthropic, and Gemini using a crowdsourced compute grid. It optimizes token usage to reduce costs, accelerates inference speeds up to twofold, and secures data by avoiding storage or processing by intermediaries. The platformdelivers reserved compute capacity within minutes, helping teams maintain consistent performance without the variability of pay‑as‑you‑go token systems. This approach supports scalable AI model deployment while focusing on affordability, speed, and data privacy.
  • Critical Loop — Critical Loop is an energy technology company that provides on-demand power solutions for industrial and infrastructure applications by combining modular hardware and software systems. Its platform integrates behind-the-meter battery storage, on-site generation, and grid power through intelligent controls that dynamically manage energy supply basedon availability and demand. The company develops and deploys scalable microgrid systems, including relocatable batteries and control units, which can be implemented rapidly to address delays or limitations in traditional grid capacity. It also handles project development, system design, deployment, and ongoing operations and maintenance, enabling continuous monitoring and optimization of power performance. Critical Loop’s solutions are used across sectors such as manufacturing, transportation, data centers, and critical infrastructure to ensure consistent and flexible energy access.
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Musha Ventures
VC Fund · New York, New York, United States · 1 investments in Kenya Hardware 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: 140
  • Round size: Seed $125k–$4.9M; Pre-Seed $300k–$3.2M; Series A $2.5M–$10M
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • nGrow.ai — Boost revenue and engagement
  • 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.
  • Orca Fraud — Orca empowers fraud fighters with effective tools to combat fraud
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Mizizi Africa Consumer Holdings
VC Fund · New York, New York, United States · 1 investments in Kenya Hardware startups

A world-class house of African-inspired lifestyle brands

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Investment focus

  • Industry: Sports, Fashion, Outdoors
  • Stage:Seed
  • Geography: Kenya

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Enda Sportswear — Kenyan running shoes that reward a natural midfoot landing and match the way runners train. Proudly made in Kenya and certified Climate Neutral. The most socially conscious running shoes in the world.
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Cheryl Heller
Angel · Pittsburgh, Pennsylvania, United States · 1 investments in Kenya Hardware startups

Cheryl is the Founding Chair of the first MFA program in Design for Social Innovation at SVA and the founder of the design lab CommonWise. She is a business strategist and communication designer who has founded two companies and taughtcreativity to leaders and organizations around the world, helped grow businesses from small regionalenterprises to multi-billion global market leaders, launched category-redefining divisions and products, reinvigorated moribund cultures, and designed strategies for hundreds of successful entrepreneurs. Cheryl received the prestigious AIGA medal for her contribution to the field of design in 2014.She is a Matrix Award winner for excellence in communication and has been profiled through articles in the New York Times, the Boston Globe, BusinessWeek and many others. Her work in included in the permanent collection of the Library of Congress.

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Investment focus

  • Industry: Hardware, Telecommunications, Enterprise Software
  • Stage:Seed
  • Geography: Kenya

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • BRCK — BRCK is an integrated hardware and software company based in Nairobi, Kenya that designs and engineers a rugged, self-powered, mobile WiFi device which connects people and things to the internet in areas of the world with poor infrastructure. Our vision is a world connected, where the last-mile of internet connectivity is as seamless for someoneliving in Africa as it is in Europe or the US. Ushahidi is a global organization that empowers people to make serious impact with open source technologies, cross-sector partnerships, and ground-breaking ventures.
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Social Capital
VC Fund · Palo Alto, California, United States · 1 investments in Kenya Hardware startups

At Social Capital, we make big bets on transformational ideas, technology, and people.

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Investment focus

  • Industry: Software, FinTech, SaaS
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, India

Investor stats

  • Total investments: 378
  • Round size: Seed $1M–$6.5M; Series A $3.5M–$15M; Series B $10M–$45M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: May invest from a new fund soon — raised $600M in 2018

Portfolio highlights

  • mParticle — mParticle by Rokt is the choice for multi-channel consumer brands who want to deliver intelligent and adaptive customer experiences in the moments that matter, across any screen or device.
  • Early is Good — Multi-omic diagnostics that analyze DNA, RNA, and Protein from a single sample for unprecedented cancer clarity.
  • Propeller Health — Propeller Health is a mobile platform that offers sensors, mobile apps, analytics, and services to support respiratory health management. The HIPAA compliant platform stores users’ data in a cloud computing infrastructure.The Propeller sensor and mobile application help users learn more about and better manage their asthma, COPD, andrespiratory disease. The Propeller sensor attaches to users’ inhalers and wirelessly syncs with their smartphones. It tracks their triggers and symptoms and sends personalized feedback and education to their phones based on the symptoms. Users can see how often they use the medication, and set up medication reminders and alerts.Propeller community enables users to share their Propeller data with their physician and family members.Propeller Health is backed by Safeguard Scientifics, The Social+Capital Partnership, California HealthCare Foundation, and other investors.  The platform works with organizations such as Dignity Health, Wyckoff Heights Medical Center, Amerigroup Florida, and the City of Louisville. The system has been featured in The Economist, Washington Post, Fast Company, Wired, and Scientific American.Propeller Health has received TEDMED Innovation Showcase, White House Champion of Change, and Bluetooth Breakthrough Product awards.Propeller Health was launched by David Van Sickle, Greg Tracy, and Mark Gehring and its operations are based in Wisconsin, United States.
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CV VC
VC Fund · Zug, Zug, Switzerland · 1 investments in Kenya Hardware startups

We invest in blockchain

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Investment focus

  • Industry: Blockchain, Software, FinTech
  • Stage:Seed, Pre-Seed
  • Geography: United States, Switzerland, Germany

Investor stats

  • Total investments: 59
  • Round size: Seed $150k–$4M; Pre-Seed $125k–$600k
  • Lead/follow: 14% lead, 86% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • TurnStay — Enjoy low transaction fees on card payments in ZAR, Euros or Dollars and fast payouts in your preferred currencies. Book a demo today
  • Orca Fraud — Orca empowers fraud fighters with effective tools to combat fraud
  • Reppo Labs — Blockchain Network that connect Data Owners with AI Developers and AI agents through Programmable IP Co-ownership
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EchoVC Partners
VC Fund · Lagos, Lagos, Nigeria · 1 investments in Kenya Hardware startups

EchoVC Partners is a seed and early-stage venture capital firm focused on financing and cross-pollinating leading technologies, teams, business models, and knowledge across North America, Africa, and SE Asia. The average investment size ranges from $25,000 to several million dollars depending on the stage of opportunity and capital needs of thebusiness.

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Investment focus

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

Investor stats

  • Total investments: 50
  • Round size: Seed $200k–$4M; Pre-Seed $400k–$1.9M; Series A $1.2M–$22M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely still investing — raised $8M in 2023

Portfolio highlights

  • Kukua — Empowering today's generation of children through entertainment Stories and characters fundamentally change and reaffirm how children see themselves in the world. At Kukua we blur the worlds of entertainment and education
  • TRADE X — TRADE X offers Dealers an interactive and fully encompassing global automotive trading platform.
  • GraphScience — Since 2005, we have helped thousands of people get the perfect domain name.
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Hardware Investor funding in Kenya at a glance

Stats across 59 deals from 82 investors.

82
investors
in Kenya Hardware startups
59
deals
in Kenya Hardware startups
$1.2M
median round
in Kenya Hardware startups
51%
lead investors
lead at least one round
15%
Seed
most common funding stage
95/5
VC / Angel
share of investor count

Access all 82 investors in Kenya Hardware startups.

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