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Top 50 Impact VC Funds & Investors in Kenya (June 2026)

The most active venture capital funds investing in Kenya Impact startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Kenya Impact startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
E3 Capital
VC Fund
9 Kenya, South Africa, United States Seed, Series A, Series B Energy, Solar, Renewable Energy $1.3M–$40M
Kepple Africa Ventures
VC Fund
5 Nigeria, Kenya, Egypt Seed, Pre-Seed Financial Services, FinTech, Software $300k–$4.5M
Novastar Ventures
VC Fund
5 Kenya, Nigeria, United Kingdom Series A, Series B Agriculture, Health Care, Internet $1.7M–$42M
54 Collective
VC Fund
4 Kenya, Nigeria, South Africa Seed, Pre-Seed Health Care, Information Technology, FinTech $40k–$4M
Aster
VC Fund
3 France, United States, United Kingdom Series A, Series B Energy, Software, Manufacturing $1.6M–$27M
Lion’s Head Global Partners
VC Fund
3 Kenya, France, Senegal Debt Financing Renewable Energy, Solar, Energy $2.2M–$11M
Acumen
VC Fund
3 United States, India, Kenya Seed, Series A Agriculture, Health Care, Financial Services $300k–$13M
EDFI ElectriFI
VC Fund
3 United States, Kenya, France Debt Financing, Series A Energy, Solar, Renewable Energy $110k–$30M
Alphamundi
VC Fund
3 Kenya, Colombia, Ghana Debt Financing, Series A, Series B Agriculture, Renewable Energy, Financial Services $1.7M–$16M
DOB Equity
VC Fund
3 Kenya, Tanzania, Rwanda Private Equity, Seed Food and Beverage, Farming, Agriculture $1M–$4M
Global Partnerships
VC Fund
3 Kenya, United States Series A, Seed Clean Energy, Renewable Energy, Solar $1.7M–$3M
Triodos Bank
VC Fund
2 India, Germany, Kenya Debt Financing, Series A Financial Services, Energy, Solar $3.6M–$365M
VilCap Investments
VC Fund
2 United States, India, Kenya Seed, Series A Financial Services, Health Care, FinTech $50k–$6M
Shell Foundation
VC Fund
2 India, United States, Kenya Grant, Seed Energy, Solar, Finance $150k–$5.5M
Better Ventures
VC Fund
2 United States, Kenya, Canada Seed, Series A, Pre-Seed Health Care, Biotechnology, Software $75k–$26M
SunFunder
VC Fund
2 The Netherlands, Kenya, Mauritius Debt Financing, Series C Solar, Energy, Renewable Energy $1.5M–$60M
AXA Investment Managers
VC Fund
2 United States, United Kingdom, France Series A, Series B Medical, Biotechnology, Financial Services $3M–$100M
Opes Impact Fund
VC Fund
2 Italy, Kenya, India Seed, Series A Communities, Agriculture, Energy $219k–$910k
SAHEL Capital
VC Fund
2 Nigeria, Ghana, Kenya Debt Financing, Private Equity, Series B Agriculture, Farming, Food and Beverage $500k–$3.4M
Mani Kapital
VC Fund
2 Kenya Communities, Clean Energy, Renewable Energy
GIIG Africa Fund
VC Fund
2 Kenya, Nigeria, United States Seed Health Care, Environmental Engineering, Fuel $100k–$1.7M
At One Ventures
VC Fund
2 United States, United Kingdom, Canada Seed, Series A, Series B Energy, Manufacturing, Agriculture $2.9M–$70M
CoCapital
VC Fund
2 Kenya, Mexico Series A, Series C Agriculture, Energy, Biomass Energy $12M–$12M
ENGIE Rassembleurs d'Energies initiative
VC Fund
2 France, India, Kenya Series A, Seed, Series C Solar, Energy, Agriculture $1.2M–$12M
DILA Capital
VC Fund
2 Mexico, United States, Colombia Seed, Series A FinTech, E-Commerce, Financial Services $150k–$25M
EcoEnterprises Fund
VC Fund
2 Brazil, Mexico, Kenya Series A, Debt Financing Agriculture, Food and Beverage, Food Processing $3.6M–$12M
Gray Matters Capital
VC Fund
2 India, United States, Kenya Seed, Series A Education, E-Learning, Health Care $50k–$6M
Social Investment Managers & Advisors
VC Fund
2 United States, India, Kenya Debt Financing, Series C, Post-IPO Equity Solar, Renewable Energy, Energy $150k–$90M
Seedstars Africa Ventures
VC Fund
2 Kenya, France, Rwanda Seed, Series A, Venture - Series Unknown Energy, FinTech, Software $1.1M–$7.5M
Factor E
VC Fund
1 Kenya, United States, India Seed, Series A, Convertible Note Energy, Renewable Energy, Agriculture $20k–$10M
Threshold
VC Fund
1 United States, India, Canada Series B, Series A, Series C Software, Internet, Mobile $2.3M–$81M
Schneider Electric
VC Fund
1 United States, France, Australia Series A, Series C, Seed Software, Energy, Information Technology $1.4M–$1.4B
Norfund
VC Fund
1 South Africa, Kenya, Nigeria Private Equity, Debt Financing Energy, Financial Services, Renewable Energy $2.6M–$156M
Animoca Brands
VC Fund
1 United States, United Kingdom, Singapore Seed, Series A Blockchain, Gaming, Cryptocurrency $1.6M–$40M
Aster Capital
VC Fund
1 United Kingdom, Kenya, France Series A Automotive, Sensor, Battery $3.5M–$30M
Khosla Impact
VC Fund
1 India, United States, Kenya Series A, Seed Financial Services, FinTech, Finance $1.9M–$9.2M
Nexus Venture Partners
VC Fund
1 India, United States, United Kingdom Series A, Seed, Series B Software, Information Technology, Artificial Intelligence $1.5M–$53M
Artesian VC
VC Fund
1 Australia, United States, Hong Kong Seed, Series A, Pre-Seed Software, Artificial Intelligence, Health Care $40k–$15M
Lendahand
VC Fund
1 Kenya, Uganda, Germany Debt Financing, Series A, Series B Financial Services, FinTech, Renewable Energy $154k–$17M
Acumen Resilient Agriculture Fund
VC Fund
1 Kenya, Ghana Seed, Pre-Seed, Series B Agriculture, Farming, AgTech
AE Ventures
VC Fund
1 Kenya, Croatia Pre-Seed IaaS, Big Data, Computer $150k–$250k
Lateral Frontiers
VC Fund
1 United States, Nigeria, Kenya Seed, Series A, Pre-Seed FinTech, Financial Services, Software $500k–$15M
Endeavor Catalyst
VC Fund
1 United States, Brazil, Mexico Series B, Series A, Series C Software, Information Technology, E-Commerce $5.3M–$250M
Partners Group
VC Fund
1 United States, Switzerland, India Private Equity, Debt Financing Software, Health Care, Manufacturing $55M–$1.9B
Water and Energy for Food Grand Challenge
VC Fund
1 India, Kenya Grant, Pre-Seed SaaS, AgTech, Farming
Shared Future Fund
VC Fund
1 United States, Kenya Seed, Pre-Seed, Series A Environmental Engineering, Forestry, Electronics
British International Investment
VC Fund
1 India, Kenya, Nigeria Debt Financing, Series B Financial Services, Banking, Finance $7.5M–$137M
Chandaria Capital
VC Fund
1 Kenya, United States, Nigeria Seed, Series A, Pre-Seed E-Commerce, Retail, FinTech $250k–$37M
Ambo Ventures
VC Fund
1 Kenya Seed CleanTech, Automotive, Electronics
Proparco
VC Fund
1 India, Kenya, Mauritius Debt Financing, Seed Financial Services, Energy, Finance
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

E3 Capital
VC Fund · Paris, Ile-de-France, France · 9 investments in Kenya Impact 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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Kepple Africa Ventures
VC Fund · Tokyo, Tokyo, Japan · 5 investments in Kenya Impact 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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Novastar Ventures
VC Fund · Nairobi, Nairobi Area, Kenya · 5 investments in Kenya Impact 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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54 Collective
VC Fund · Johannesburg, NA - South Africa, South Africa · 4 investments in Kenya Impact startups

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

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Investment focus

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

Investor stats

  • Total investments: 107
  • Round size: Seed $40k–$4M; Pre-Seed $40k–$1.3M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • mTek — mTek is a digital online insurance platform that provides an entirely paperless ecosystem for the insurance industry.
  • REasy — Top up locally, pay suppliers globally, and manage international shipments with REasy. Fast, secure, and designed for African businesses expanding worldwide.
  • Konnect — Konnect provides a cross borders payment solution intended to simplify complex financial flows allowing companies of any scale and size to send and receive payments in a practical, secure, and low-cost way.
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Aster
VC Fund · Paris, Ile-de-France, France · 3 investments in Kenya Impact 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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Lion’s Head Global Partners
VC Fund · London, England, United Kingdom · 3 investments in Kenya Impact startups

A global investment banking, asset management and advisory firm focused on delivering value to our clients in emerging and frontier markets

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Investment focus

  • Industry: Renewable Energy, Solar, Energy
  • Stage:Debt Financing
  • Geography: Kenya, France, Senegal

Investor stats

  • Total investments: 11
  • Round size: Debt Financing $2.2M–$11M
  • Lead/follow: 64% lead, 36% follow
  • Last fund: May invest from a new fund soon — raised $41M in 2021

Portfolio highlights

  • Baobab+ — Baobab+ is a social business committed to providing access to energy and digital. We commercialize innovative products with financing solutions that meet the needs of local populations.
  • Yellow — Yellow enables a distributed network of sales agents to serve rural households with life-changing products and services through a digital technology platform called Ofeefee.
  • Decentral Energy — Decentral Energy creates, owns, and manages renewable energy assets. Decentral provides customers with risk-free, completely financed solar energy solutions.
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Acumen
VC Fund · New York, New York, United States · 3 investments in Kenya Impact startups

Acumen is a nonprofit venture fund that invests in early-stage companies bringing critical services like agriculture, clean energy, education, financial inclusion, healthcare and workforce development to low-income communities in 14 countries across East and West Africa, South Asia, Latin America, and the United States. Since 2001, Acumeninvested $128 million in 128 companies that have transformed the lives of over 308 million low-income people.

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Investment focus

  • Industry: Agriculture, Health Care, Financial Services
  • Stage:Seed, Series A
  • Geography: United States, India, Kenya

Investor stats

  • Total investments: 168
  • Round size: Seed $300k–$2.5M; Series A $1.6M–$13M
  • Lead/follow: 52% lead, 48% follow
  • Last fund: May invest from a new fund soon — raised $2.8M in 2019

Portfolio highlights

  • BharatRohan — Nurturing empathy, tech, and impact for a revitalised agri value chain.
  • Yellow — Yellow enables a distributed network of sales agents to serve rural households with life-changing products and services through a digital technology platform called Ofeefee.
  • Energy Assured Nigeria — Energy Assured is an energy and utility procurement market provider for smaller businesses ranging from independent retailers and local franchisees to affinity group members in any sector. Users and customers benefit from economies of scale, more agile energy purchasing, and consistently lower gas, electricity, and water costs. Their expertsunderstand the pressures that small and medium-sized businesses face: they work to provide clients with exactly what they require so that clients can use energy as an asset to propel their business forward.
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EDFI ElectriFI
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 3 investments in Kenya Impact startups

Impact investment in sustainable energy

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Investment focus

  • Industry: Energy, Solar, Renewable Energy
  • Stage:Debt Financing, Series A
  • Geography: United States, Kenya, France

Investor stats

  • Total investments: 62
  • Round size: Series A $2.2M–$30M; Debt Financing $110k–$10M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • GOGO Electric
  • MyJouleBox — MyJouleBox offers a solution for solar professionals in Africa to offer leased solar installations to their customers.
  • Powergen Renewable Energy — PowerGen is leading the clean energy transition in Africa as a developer, builder, and operator of solar mini-grids throughout the continent. PowerGen is backed by sector leaders including Shell, Acumen, Omidyar Network, Sumitomo, DOB Equity, ElectriFI, REPP, and the Rockefeller Foundation. PowerGen has pioneered the solar mini-grid sector inAfrica and is a founding member of the Africa Mini-grid Developers Associaiton (AMDA).
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Alphamundi
VC Fund · Zürich, Zurich, Switzerland · 3 investments in Kenya Impact startups

AlphaMundi Group Ltd is a commercial entity based in Switzerland and exclusively dedicated to Impact Investing: profitable investments that generate substantial net benefits to society. It was founded in 2007 by a group of partners with extensive experience in the financial industry as well as responsible investments, microfinance andphilanthropy.AlphaMundi provides debt and equity financing to scalable social ventures in strategic sustainable human development sectors such as microfinance, affordable education, fair trade agriculture and renewable energy. AlphaMundi is currently investing out of its impact debt fund, SocialAlpha Investment Fund (SAIF) - Bastion, domiciled in Luxembourg. AlphaMundi also manages co-investments for SAIF-Bastion investors and third parties.​AlphaMundi partners believe that Impact Investing is a new tool for development that can enhance more classical responsible investment approaches (which often lack impact ​measurability) and complement charitable solutions (which often lack financial viability). To this extent, the firm also contributes to the emergence of Impact Investing through education events, publications and industry associations. Impact investments are now being integrated by leading US and European banks, pension funds, foundations and family offices into traditional investment portfolios, as primarily decorrelated, illiquid and profitable financial assets.

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Investment focus

  • Industry: Agriculture, Renewable Energy, Financial Services
  • Stage:Debt Financing, Series A, Series B
  • Geography: Kenya, Colombia, Ghana

Investor stats

  • Total investments: 20
  • Round size: Series A $10M–$12M; Series B $3.5M–$16M; Debt Financing $1.7M–$11M
  • Lead/follow: 20% lead, 80% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Finaktiva — Finaktiva is the number one financial ally of Colombian entrepreneurs. We offer flexible and agile online financial solutions (loans in various forms, factoring and confirming) adjusted to the requirements of the companies. We also offer a range of non-financial tools through our platform to help SMEs´ grow. Our customers are typically businesseswith innovative business models, double-digit growth rates that have a positive impact in their communities.
  • AgriCapital — AgriCapital is a financial service firm that provides store credit, productive credit, credit installments, and accompaniment services.
  • Ampersand — Ampersand catalyzes and power mass-market electric mobility. By supplying the battery swap network and operating system the company makes sustainable mobility rapidly accessible and affordable for developing markets, to improve livelihoods and the environment. With over a million km already covered by e-motorcycles in Africa using our plug-and-playpowertrain and energy network.
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DOB Equity
VC Fund · Veessen, Gelderland, The Netherlands · 3 investments in Kenya Impact startups

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

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Investment focus

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

Investor stats

  • Total investments: 50
  • Round size: Seed $1M–$4M
  • Lead/follow: 58% lead, 42% follow

Portfolio highlights

  • MazaoHub — MazaoHub is a AI-powered end-to-end farm management company.
  • FarmWorks — FarmWorks is an agricultural technology company that gives farmers access to farm inputs as well as a market for the produce .FarmWork is to unlock agricultural potential by building clusters of mid-sized farms while working with thousands of small-holder farmers and establishing direct linkage to local and global markets.
  • Spouts of Water — SPOUTS mission is to manufacture and distribute ceramic water filters to provide everyone in Uganda with safe water.
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Access 48,091 investors

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

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Global Partnerships
VC Fund · Seattle, Washington, United States · 3 investments in Kenya Impact startups

Global Partnerships is an impact-first investor dedicated to expanding opportunity for people living in poverty. For 25 years GP has invested in sustainable solutions that help impoverished people increase their incomes and improve their lives, with core investments in livelihoods, education, health, energy, housing, and sanitation. Since inceptionGP has deployed $356.5 million in impact investments to 135 partners, bringing meaningful impact to over 14.7 million lives in 21 countries.What is Impact-First Investing?Impact-first investing means investing in a way that seeks the highest possible social impact, while seeking to preserve capital with a modest financial return for investors.Impact-first investing is distinctly different from return-first investing, which seeks the highest possible financial return (often without consideration of social or environmental consequences), and from philanthropy, which seeks the highest social impact without any preservation of capital.We believe that impact-first investing has an essential role to play in advancing sustainable solutions to poverty for millions of people worldwide.What Does Impact Mean to Global Partnerships?All of our impact-first investing is aimed at empowering poor and marginalized people to earn a living, provide the basic necessities of life for their families, and improve their lives. We seek social impact on four dimensions:Broadening Opportunity – We have a holistic understanding of poverty, so we invest across all facets of poverty: livelihoods, education, energy, health, housing, sanitation, and water.Deepening Inclusion – We invest at the edge of the market, emphasizing approaches that include people marginalized by depth of poverty, gender, and/or geography, including women and the rural poor.Serving Millions – We believe that every person matters, and want to expand opportunity for as many people as possible. We therefore focus on sustainable approaches that can, over time, scale to serve millions of people living in poverty.Improving Lives – We only invest where evidence convinces us that people living in poverty value the opportunity being delivered and are empowered by it – economically or otherwise – to improve their lives.

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Investment focus

  • Industry: Clean Energy, Renewable Energy, Solar
  • Stage:Series A, Seed
  • Geography: Kenya, United States

Investor stats

  • Total investments: 6
  • Round size: Series A $1.7M–$3M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: May invest from a new fund soon — raised $5M in 2018

Portfolio highlights

  • Turaco — Turaco develops simplified insurance and credit solutions through mobile technology to solve the healthcare financing needs. Turaco has simplified insurance products and also provides on-demand health loans, allowing customers to get healthcare at affordable monthly premiums.
  • Eneza Education — Eneza Education, a.k.a. MPrep, was founded in 2011 by Kenyan teachers and educators serious about making technology useful for their students. From the rural areas of Nyanza to Wajir Town and the Mombasa Coast, Kenyan teachers united to create the content of our initial Class 7 and Class 8 study tool. We wanted a tool that combined the best ofgreat teaching practices: scaffolded assessments, direct feedback, and high engagement. And we wanted to make sure ALL kids had access to our system. What better way to start than with a simple SMS-based system?
  • Sun King — Greenlight sells, installs and finances solar home systems for the 1.8 billion off-grid and under-electrified consumers in Africa and Asia.
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Triodos Bank
VC Fund · Zeist, Utrecht, The Netherlands · 2 investments in Kenya Impact startups

Triodos Investment Management focuses on investments in various areas, including renewable energy, microfinance, and real estate.

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Investment focus

  • Industry: Financial Services, Energy, Solar
  • Stage:Debt Financing, Series A
  • Geography: India, Germany, Kenya

Investor stats

  • Total investments: 44
  • Round size: Series A $12M–$12M; Debt Financing $3.6M–$365M
  • Lead/follow: 48% lead, 52% follow

Portfolio highlights

  • MyJouleBox — MyJouleBox offers a solution for solar professionals in Africa to offer leased solar installations to their customers.
  • axio — Capital Float is an online platform that provides working capital finance to SMEs in India. It offers flexible, short-term loans that can be used to purchase inventory, service new orders or optimize cash cycles. Borrowers can apply online in minutes, select desired repayment terms and receive funds in their bank accounts in 7 days with minimalhassle.Capital Float was founded in 2013 by Gaurav Hinduja and Sashank Rishyasringa.
  • Samunnati — Driven by a passion to become enablers of the value chain of the agricultural finance sector, Samunnati offers advisory support and agriculture loans.
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VilCap Investments
VC Fund · San Francisco, California, United States · 2 investments in Kenya Impact startups

VilCap Investments is an early-stage impact investing fund, backing companies addressing the most pressing social and environmental challenges.

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Investment focus

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

Investor stats

  • Total investments: 90
  • Round size: Seed $50k–$2.5M; Series A $2M–$6M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • SatSure — Premium domain available for purchase
  • Altro (fka Perch) — Perch Credit (also known as Perch), is a fin-tech mobile app that allows users to take common recurring expenses, such as their subscriptions & rent, and turn these into creditworthy data points. Perch is currrently live on iOS and plans to be on Android in the coming months.Perch recently graduated YC (S20) and closed 2.5M in their mostrecent round.
  • Advocatia Solutions — Advocatia simplifies how uninsured patients identify financial assistance programs and enroll into coverage.
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Shell Foundation
VC Fund · London, England, United Kingdom · 2 investments in Kenya Impact startups

Shell Foundation is a philanthropic foundation that enables millions of people in Africa and Asia to increase their incomes with clean energy solutions.

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Investment focus

  • Industry: Energy, Solar, Finance
  • Stage:Grant, Seed
  • Geography: India, United States, Kenya

Investor stats

  • Total investments: 28
  • Round size: Seed $790k–$1.1M; Grant $150k–$5.5M
  • Lead/follow: 39% lead, 61% 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.
  • Sistema.bio — Sistema.bio is a biodigester with biogas appliances. High efficiency biodigesters transform organic waste into renewable biogas.
  • Mufin Green Finance — Mufin Green Finance is an NBFC that specialises in the electric vehicle (EV) market.
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Better Ventures
VC Fund · Oakland, California, United States · 2 investments in Kenya Impact 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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SunFunder
VC Fund · Nairobi, Nairobi Area, Kenya · 2 investments in Kenya Impact startups

SunFunder is a specialist financing company dedicated to pioneering and scaling clean energy and climate investments in emerging markets.

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Investment focus

  • Industry: Solar, Energy, Renewable Energy
  • Stage:Debt Financing, Series C
  • Geography: The Netherlands, Kenya, Mauritius

Investor stats

  • Total investments: 19
  • Round size: Series C $20M–$60M; Debt Financing $1.5M–$50M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: May invest from a new fund soon — raised $60M in 2020

Portfolio highlights

  • BioLite — BioLite designs off-grid personal scale energy products for cooking, charging, and lighting. Perfect for camping, fishing, tailgating, power outages, and more.
  • Yellow — Yellow enables a distributed network of sales agents to serve rural households with life-changing products and services through a digital technology platform called Ofeefee.
  • d.light — Founded in 2007 as a for-profit social enterprise, d.light manufactures and distributes award-winning solar lighting and power products designed to serve the more than 2 billion people globally without access to reliable electricity. Through five distribution hubs in East Africa, West Africa, India, Southeast Asia, and the United States, d.lighthas impacted over 65 million lives with its products. d.light is dedicated to providing the most reliable, affordable, and accessible solar lighting and power systems for the developing world, with the goal of reaching 100 million people by 2020. For more information, visit www.dlight.com.
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AXA Investment Managers
VC Fund · Puteaux, Ile-de-France, France · 2 investments in Kenya Impact startups

AXA Investment Managers is a global investment management firm that manages assets on behalf of its institutional and retail clients.

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Investment focus

  • Industry: Medical, Biotechnology, Financial Services
  • Stage:Series A, Series B
  • Geography: United States, United Kingdom, France

Investor stats

  • Total investments: 46
  • Round size: Series A $3M–$37M; Series B $16M–$100M
  • Lead/follow: 57% lead, 43% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • Latour Capital — In creating the VCF Latour Capital at the request of some great French entrepreneurs, we wanted to build a new tool entirely focused investment , majority LBO in business to potential.
  • Rivage Investment — Rivage Investment offers asset and investment management solutions for private debt and equity derivatives along with advisory solutions.
  • Hayfin Capital Management — Hayfin is one of Europe's leading alternative private debt asset management firm, providing finance to companies and superior risk-adjusted returns...
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Opes Impact Fund
VC Fund · Milano, Lombardia, Italy · 2 investments in Kenya Impact 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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SAHEL Capital
VC Fund · Lagos, Lagos, Nigeria · 2 investments in Kenya Impact startups

Sahel Capital is a leading fund manager and advisory firm focused on West Africa with deep roots in private equity, financial advisory, management consulting and agribusiness. When you partner with Sahel, you benefit from quality financial and operating experience, broad industry knowledge, and a powerful network of global relationships. Through anintegrated approach, we work closely with companies and investment partners to deliver capital solutions and advisory services tailored to fit your unique needs. The power of a partnership with Sahel leads to better investments, stronger businesses, and shared success.

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Investment focus

  • Industry: Agriculture, Farming, Food and Beverage
  • Stage:Debt Financing, Private Equity, Series B
  • Geography: Nigeria, Ghana, Kenya

Investor stats

  • Total investments: 17
  • Round size: Debt Financing $500k–$3.4M
  • Lead/follow: 76% lead, 24% follow
  • Last fund: May invest from a new fund soon — last raise in 2017

Portfolio highlights

  • Agriarche — AGRIARCHE LIMITED is an agriculture technology company focused on enhancing the efficiency of the agricultural sector through digital solutions. It aims to empower farmers and other stakeholders in the agricultural ecosystem by providing tools for data-driven decision-making. The company specializes in digitizing commodity trading and payments,thereby transforming grains into cash for farmers. AGRIARCHE LIMITED is committed to bringing transparency to the agriculture supply chain by offering logistics tracking from start to finish, and providing clear transaction and credit history. By connecting aggregators, the company simplifies the flow of food, information, and payments within the agriculture sector.
  • Rasad Nigeria — Rasad Nigeria is specialize in the sourcing and export of premium cocoa and cashew nuts.
  • Persea Oils and Orchards — Persea Oils and Orchards is deeply dedicated to organic and sustainable farming practices fostering agricultural growth.
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Mani Kapital
VC Fund · 2 investments in Kenya Impact startups

Mani Kapital is an investment management firm.

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Investment focus

  • Industry: Communities, Clean Energy, Renewable Energy
  • Geography: Kenya

Investor stats

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

Portfolio highlights

  • Sanergy — The Sanergy Collaborative is a partnership of 3 independent companies, who are united by a common vision. Explore more about our vision here!
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GIIG Africa Fund
VC Fund · Port Louis, Port Louis, Mauritius · 2 investments in Kenya Impact startups

GIIG invest in seed, growth and late stage companies.

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Investment focus

  • Industry: Health Care, Environmental Engineering, Fuel
  • Stage:Seed
  • Geography: Kenya, Nigeria, United States

Investor stats

  • Total investments: 6
  • Round size: Seed $100k–$1.7M
  • Lead/follow: 83% lead, 17% follow

Portfolio highlights

  • BioBuu — BioBuu focuses on the development of manufacturing capacity and environmentally sustainable production.
  • Treepz — Treepz Inc. (formerly Plentywaka) is building the largest shared mobility platform in West Africa with over 500,000 satisfied customers.
  • EnvisionIt Deep AI — Envisionit Deep AI is an innovative medical technology company that utilizes AI to streamline and improve medical imaging diagnosis for radiologists.
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At One Ventures
VC Fund · San Francisco, California, United States · 2 investments in Kenya Impact 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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CoCapital
VC Fund · 2 investments in Kenya Impact startups

CoCapital provides dedicated Seed and Early Stage investment solutions for specialist Technology startups, prime Real Estate ventures as well as other alternative investment products.

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Investment focus

  • Industry: Agriculture, Energy, Biomass Energy
  • Stage:Series A, Series C
  • Geography: Kenya, Mexico

Investor stats

  • Total investments: 4
  • Round size: Series A $12M–$12M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Sistema.bio — Sistema.bio is a biodigester with biogas appliances. High efficiency biodigesters transform organic waste into renewable biogas.
  • Sistema Biobolsa — Sistema.bio is a biodigester with biogas appliances. High efficiency biodigesters transform organic waste into renewable biogas.
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ENGIE Rassembleurs d'Energies initiative
VC Fund · 2 investments in Kenya Impact startups

ENGIE Rassembleurs d'Energies initiative is the Group provides technical and financial support.

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Investment focus

  • Industry: Solar, Energy, Agriculture
  • Stage:Series A, Seed, Series C
  • Geography: France, India, Kenya

Investor stats

  • Total investments: 10
  • Round size: Seed $1.2M–$2.3M; Series A $3M–$12M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • Enogrid — Enogrid provides energy monitoring solutions. It also allows users to measure and optimize the performance of building operations, visualize energy flows, customize distribution coefficients, monitor self-energy consumption, access transaction documents, and more.
  • Frontier Markets — Frontier Markets connects India’s rural customers to products and services at their doorstep. 551 million rural customers lack access to financial, productive, durable products and services that can economically improve their lives. This is because product companies do not have deep enough infrastructure to access to rural customers; denyingtheir ability to drive innovative solutions locally to their target rural customer. Frontier Markets drives the best selection of life-improving products and services to rural customers, while creating sustainable livelihoods for rural women. In partnership with existing SHG networks, we onboarded 4,000 women to become our digitally savvy women entrepreneurs called Saral Jeevan Sahelis. Our Sahelis use our assisted e-commerce and delivery platform, called the Meri Saheli app, to collect real-time data on customer, coordinate orders, and deliveries to earning an average of 65,000/- a year without having to leave their village, becoming local leaders, and decision-makers at home. Our local distribution hubs has a team of delivery field staff who ensure doorstep delivery daily, as well as coordinate after-sales service for product companies. This combination of high-tech and local teams, and product partnerships, has helped 700,000 rural customers access 1 million+ quality solutions in clean energy, agri, and homecare. The Meri-Saheli app was designed for rural customers and by our Sahelis, ensuring it’s easy to use. Bharat India’s digitization thrives, but to reach last-mile rural customers, an assisted solution allows for quick adoption, deep learnings, and optimal services to be delivered. Since COVID, we have partnered with 3 fintech companies to launch doorstep atm services, online payments, and financial services and leading FMCG companies to drive local essential goods doorstep deliveries. Achieving 97% conversion rates, and onboarding 2,000 new customers monthly. We have launched our 2.0 version for scale, adding AI capabilities to help Sahelis train to use the Meri Saheli app on their own. This will be a gamechanger, allowing us to partner with multiple SHG organizations at once who want to start the Saral Jeevan Initiative in their fields on their own. Our team has over 60 years of experience working in rural India in sectors like microfinance, telecom, and distribution allowing us to crack the rural last-mile challenge profitably. We envision becoming India’s largest high-tech, high touch platform delivering solutions to Bharat India connecting 100 million rural customers with 1 million digitally savvy women entrepreneurs.
  • Qarnot — Qarnot provides economical and ecological cloud HPC on a disruptive platform. Qarnot designs and develops Q.rad, a computing heater embedding microprocessors as a heat source and connected to the Internet. The company has built three generations of computing heaters with multiple CPU's and sold it to construction companies looking for heatersfor new buildings. Qarnot offers affordable HPC to avoid data center costs related to infrastructure, maintenance, and cooling.Qarnot was founded on 2010 and is headquartered in Montrouge, France.
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DILA Capital
VC Fund · Mexico City, Distrito Federal, Mexico · 2 investments in Kenya Impact startups

DILA Capital is a Mexico City-based VC Firm that fosters the growth of Mexican entrepreneurs and Start-Up Companies. By offering equity investments, debt financing and guidance, DILA strives to add value to our invested companies and entrepreneurs. In addition to our vast entrepreneur network, knowledge of the Mexican market and experience of ourpartners.

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Investment focus

  • Industry: FinTech, E-Commerce, Financial Services
  • Stage:Seed, Series A
  • Geography: Mexico, United States, Colombia

Investor stats

  • Total investments: 64
  • Round size: Seed $150k–$10M; Series A $2.3M–$25M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: May invest from a new fund soon — raised $35M in 2021

Portfolio highlights

  • Boletia
  • Fillip Fleet
  • Futura Labs — Futura Labs is a digital dental lab modernizing clinics with tech-driven orthodontics and prosthetics across Latin America.
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EcoEnterprises Fund
VC Fund · Costa Rica, Mato Grosso do Sul, Brazil · 2 investments in Kenya Impact startups

EcoEnterprises Fund offers tailored growth capital and strategic guidance to innovative impact businesses in order to scale and optimize their financial, environmental and social performance. For nearly 20 years, we have successfully proven our unique approach, managing two funds that have financed over 30 companies across 11 countries. Our 3rdfund, EcoEnterprises Partners III, LP, was launched in May 2018, building on our track record of delivering portfolio results while generating fair and sustainable livelihoods for local communities, and preserving our most important asset: Planet Earth.

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Investment focus

  • Industry: Agriculture, Food and Beverage, Food Processing
  • Stage:Series A, Debt Financing
  • Geography: Brazil, Mexico, Kenya

Investor stats

  • Total investments: 11
  • Round size: Series A $3.6M–$12M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Nuu — Nuu is a food-based company that makes old-fashioned food with future generations in mind. Nuu is not to make the best products in the world, but the best products for the world.
  • Sistema.bio — Sistema.bio is a biodigester with biogas appliances. High efficiency biodigesters transform organic waste into renewable biogas.
  • Smartbreeder — Smartbreeder is a digital agronomic intelligence company that promotes sustainable agriculture with high efficiency of agricultural inputs, reducing costs, increasing productivity and rationalizing the decision-making process at all stages of crop management.
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Gray Matters Capital
VC Fund · Atlanta, Georgia, United States · 2 investments in Kenya Impact startups

We are an impact investor in the global south. Our deep roots in microfinance and education finance have demonstrated profit with purpose. We focus on self-development and skilling technology for women to find meaningful work.

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Investment focus

  • Industry: Education, E-Learning, Health Care
  • Stage:Seed, Series A
  • Geography: India, United States, Kenya

Investor stats

  • Total investments: 27
  • Round size: Seed $50k–$3.5M; Series A $1M–$6M
  • Lead/follow: 70% lead, 30% follow

Portfolio highlights

  • OYE — From Latin America to the world, we’re building a community to make emotional wellness part of everyday life.
  • Shamba Pride — Revolutionizing Rural Agriculture Trade Ecosystem for Africa Farmers Traditional farming methods across Africa often depend on synthetic inputs, degrading so...
  • Applied Cognition — Applied Cognition is developing a novel medical device and platform for translational measurement of a newly discovered biology of the brain whose failure has been shown to cause neurodegeneration in preclinical models. We will be the first to non-invasively, continuously measure this biology in humans enabling us to develop treatments that stop or reverse the progression of neurodegenerative diseases such as Alzheimer's and Parkinson's.
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Social Investment Managers & Advisors
VC Fund · New York, New York, United States · 2 investments in Kenya Impact startups

SIMA is a social asset manager dedicated to empowering the Bottom of the Pyramid by providing demand-driven commercial capital and advisory solutions

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Investment focus

  • Industry: Solar, Renewable Energy, Energy
  • Stage:Debt Financing, Series C, Post-IPO Equity
  • Geography: United States, India, Kenya

Investor stats

  • Total investments: 12
  • Round size: Debt Financing $150k–$90M
  • Lead/follow: 58% lead, 42% follow
  • Last fund: Likely still investing — raised $68M in 2021

Portfolio highlights

  • Altech Group — Altech Group aims at expanding access to clean, renewable, and affordable energy both for poor-grid and off-grid households.
  • Loom Solar Private Limited — Buy solar panel, battery and inverter for home, business, agriculture, DIY projects, and more. from 10 watts -100kW from Loom Solar - India's No. 1 solar company. Choose from solar panels, inverters, lithium batteries, charge controllers to solar installation kit. We provide solar finance for rooftop solar installation
  • Insolation Energy — Insolation Energy is one of the top solar panel manufacturers in India, delivering efficient solar solutions. As a trusted solar power company in India, we are committed to providing clean, sustainable, and affordable electricity for all.
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Seedstars Africa Ventures
VC Fund · 2 investments in Kenya Impact startups

Seedstars Africa Ventures is an early-stage venture capital fund investing in high-growth companies active across Sub-Saharan Africa.

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Investment focus

  • Industry: Energy, FinTech, Software
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Kenya, France, Rwanda

Investor stats

  • Total investments: 6
  • Round size: Seed $1.1M–$7.5M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Kuunda — Kuunda provides consulting, liquidity management, data insight tools enabling users to fulfill financial needs through a digital platform.
  • 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.
  • Shamba Pride — Revolutionizing Rural Agriculture Trade Ecosystem for Africa Farmers Traditional farming methods across Africa often depend on synthetic inputs, degrading so...
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Factor E
VC Fund · Fort Collins, Colorado, United States · 1 investments in Kenya Impact 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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Threshold
VC Fund · Menlo Park, California, United States · 1 investments in Kenya Impact startups

Threshold is an early-stage venture capital firm that focuses on a high-conviction investment strategy. The firm partners with entrepreneurs to build innovative consumer, enterprise, and healthcare technology companies.

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Investment focus

  • Industry: Software, Internet, Mobile
  • Stage:Series B, Series A, Series C
  • Geography: United States, India, Canada

Investor stats

  • Total investments: 506
  • Round size: Series A $2.3M–$21M; Series B $4.2M–$50M; Series C $4.5M–$81M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely still investing — raised $450M in 2022

Portfolio highlights

  • CrowdAI — The world's most intuitive computer vision platform built for users of all technical abilities, no code required.
  • Benepass — Give your employees flexible benefits.
  • Elementary — The world's best manufacturers trust Elementary to improve quality, maximize yield, and gain valuable insights from real-time production quality data.
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Schneider Electric
VC Fund · Rueil-malmaison, Ile-de-France, France · 1 investments in Kenya Impact startups

As a global specialist in energy management and automation in more than 100 countries, we offer integrated energy solutions across multiple market segments.

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Investment focus

  • Industry: Software, Energy, Information Technology
  • Stage:Series A, Series C, Seed
  • Geography: United States, France, Australia

Investor stats

  • Total investments: 39
  • Round size: Seed $1.4M–$27M; Series A $1.8M–$121M; Series C $2M–$1.4B
  • Lead/follow: 28% lead, 72% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Uplight — Uplight supports energy providers around the world with clean energy solutions for customer engagement and grid flexibility management.
  • Nozomi Networks — Nozomi Networks keeps operational technology cyber resilient with OT network and endpoint visibility, threat detection, and AI-powered analysis.
  • Energetic Capital — Let us cover the payment default risk on your next Solar Project. Energetic Insurance makes efficient financing possible for financiers, investors and energy service providers with the EneRate Credit Cover solar insurance policy.
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Norfund
VC Fund · Oslo, Oslo, Norway · 1 investments in Kenya Impact startups

Norwegian investment fund for developing countries

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Investment focus

  • Industry: Energy, Financial Services, Renewable Energy
  • Stage:Private Equity, Debt Financing
  • Geography: South Africa, Kenya, Nigeria

Investor stats

  • Total investments: 94
  • Round size: Debt Financing $2.6M–$156M; Private Equity $7.4M–$125M
  • Lead/follow: 62% lead, 38% follow
  • Last fund: May invest from a new fund soon — last raise in 2009

Portfolio highlights

  • AgDevCo — AgDevCo is a social impact investor and agribusiness project developer, incorporated as a non-for-profit distribution, limited companyin.
  • Wecyclers — Wecyclers gives households a chance to capture value from their waste while providing a reliable supply of materials to the local recycling industry.Wecyclers works in partnership with the Lagos Waste Management Authority (LAWMA) and collects recyclable waste, including plastic bottles, plastic bags, and aluminum cans, at the household levelusing low-cost bicycle-powered collection vehicles called “wecycles”.Wecyclers rewards households with redeemable points based on the volume and quality of recyclables that they give us. Wecyclers sort and aggregate the materials and then sells it to Nigerian recyclers.
  • mopo — Mobile Power's innovative pay-per-use battery sharing network unlocks clean energy for households, businesses and electric transport in Sub-Saharan Africa.
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Animoca Brands
VC Fund · Cyberport, Hong Kong Island, Hong Kong · 1 investments in Kenya Impact startups

Animoca Brands is a metaverse and gaming venture capital firm that focuses on driving digital property rights to gamers and internet users through NFTs. It utilizes gamification and blockchain to develop and market a portfolio of mobile applications, games, and additional products oriented to educational learning to ensure transparency, security,and new business models.

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Investment focus

  • Industry: Blockchain, Gaming, Cryptocurrency
  • Stage:Seed, Series A
  • Geography: United States, United Kingdom, Singapore

Investor stats

  • Total investments: 400
  • Round size: Seed $1.6M–$10M; Series A $5M–$40M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • MetaJuice — MetaJuice is building blockchain-driven assets that unlock the value of the metaverse where users can create, earn, own and shape the future. Through meta tokens such as VCORE and VCOIN, and NFTs, MetaJuice will realize its vision; creating a world where everyone can participate and share in its success.
  • Ceramic Network — Ceramic Network is a provider of protocols for decentralized and composable data applications. The network decentralizes application databases, making data universally composable and reusable across applications. It consists of three core parts: a highly-scalable, decentralized infrastructure for data availability and consensus, a marketplace ofcommunity-created data models, and a suite of standard APIs for storing, updating, and retrieving data from those models.
  • Saltwater Games — Saltwater Games create unique XR games and provide gamers with an platform that prioritises the fun of immersive play and economic longevity via AAA experiences with innovative decentralised ownership.
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Aster Capital
VC Fund · France, Idaho, United States · 1 investments in Kenya Impact startups

VC fund

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Investment focus

  • Industry: Automotive, Sensor, Battery
  • Stage:Series A
  • Geography: United Kingdom, Kenya, France

Investor stats

  • Total investments: 5
  • Round size: Series A $3.5M–$30M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Hadean — Synthetic Environments that provide cutting edge training, real-time situational understanding and predictive intelligence for Governments, National Security and Commercial Enterprises
  • Warehousing1 — Warehousing1 is building the number one warehousing and distribution network in Europe. Companies can utilize the innovative platform to find ideal warehousing solutions anywhere, manage them digitally and optimize processes by gaining real-time visibility and data transparency.
  • Eatron Technologies — Delivering AI-powered Battery Optimisation Software that Enhances Safety, Extends Lifetime, and Boosts Performance for Lithium-ion Batteries.
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Khosla Impact
VC Fund · Menlo Park, California, United States · 1 investments in Kenya Impact 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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Nexus Venture Partners
VC Fund · Menlo Park, California, United States · 1 investments in Kenya Impact startups

Nexus Venture Partners is a venture capital firm that helps founders build product-focused companies. The firm actively partners with founders at inception, seed, or series-A stages and stays involved throughout the company's growth. With $2.6 billion in capital, Nexus invests mainly in enterprise software in the US and digitally-drivenbusinesses in India.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Series A, Seed, Series B
  • Geography: India, United States, United Kingdom

Investor stats

  • Total investments: 380
  • Round size: Seed $1.5M–$10M; Series A $3.5M–$25M; Series B $5.5M–$53M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely still investing — raised $700M in 2023

Portfolio highlights

  • Phyllo — Easily access verified, creator-consented data such as identity, income, and engagement across hundreds of platforms through our API
  • Nektar.ai — Nektar.ai seamlessly gathers and links data from your sales, marketing, and customer success activities, providing clear insights to help you close revenue faster.
  • Singulr AI — Singulr AI develops software centered on artificial intelligence for business applications. Public materials indicate focus areas such as workflow automation, data processing, and model-driven decision support, delivered through tools and APIs that embed machine learning into existing systems. Available references describe capabilities forintegrating AI components, experimenting with models, and managing deployments, aimed at software and product teams.
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Artesian VC
VC Fund · Melbourne, Victoria, Australia · 1 investments in Kenya Impact startups

Artesian Capital Management is an alternative investments management company, which was spun out of ANZ Banking Group's capital markets business in 2004, with backing from ANZ Private Equity. Artesian's founding partners, purchased ANZ's stake in 2005. The company has subsequently been fully owned by partners and staff. Since 2004,Artesian has managed specialised funds focused on credit arbitrage and relative-value strategies across global financial markets. In 2008, while continuing to manage credit relative value investment strategies from its New York, London and Singapore offices, Artesian began to make principal investments in seed/early-stage ventures from its offices in Sydney, Melbourne and Shanghai. In 2011, Artesian launched the first of its early stage venture capital funds and now manages AUD +255m. Artesian's VC strategy is to partner with best of breed accelerators, incubators, angel groups and university programs. In 2017, Artesian launched its China VC Fund with a USD 50m cornerstone investment industry super fund Hostplus. Artesian will soon launch a Southeast Asia VC Fund.

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Investment focus

  • Industry: Software, Artificial Intelligence, Health Care
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Australia, United States, Hong Kong

Investor stats

  • Total investments: 227
  • Round size: Seed $120k–$5M; Pre-Seed $40k–$1.5M; Series A $2.3M–$15M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • CUZIN — Providing a surprisingly human shopping experience. Trusted and secure. Millions of domains to choose from.
  • Andromeda Robotics — At Andromeda, our personalised robot companions are helping Australian aged care teams bring joy and connection to residents to improve wellbeing.
  • Infiction labs — SPARC 1.2 is a solar panel robotic cleaning system designed and developed by Infiction Labs Pvt Ltd for commercial solar plants.
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Lendahand
VC Fund · Rotterdam, Zuid-Holland, The Netherlands · 1 investments in Kenya Impact startups

Invest in sustainable projects through Lendahand and contribute to positive change. Earn financial returns while supporting entrepreneurs worldwide. Discover how it works!

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Investment focus

  • Industry: Financial Services, FinTech, Renewable Energy
  • Stage:Debt Financing, Series A, Series B
  • Geography: Kenya, Uganda, Germany

Investor stats

  • Total investments: 10
  • Round size: Debt Financing $154k–$17M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • upOwa — upOwa brings electricity to Africa through our innovative Pay-As-You-Go solar technology for the poorest.
  • Tugende — Tugende helps motorcycle taxi drivers own their own motorcycles in eighteen months or less instead of renting indefinitely. Ownership significantly increases income, job security and road safety.
  • Sistema.bio — Sistema.bio is a biodigester with biogas appliances. High efficiency biodigesters transform organic waste into renewable biogas.
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Acumen Resilient Agriculture Fund
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in Kenya Impact startups

Acumen Resilient Agriculture Fund is an equity fund designed to build the climate resilience of smallholder farmers.

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Investment focus

  • Industry: Agriculture, Farming, AgTech
  • Stage:Seed, Pre-Seed, Series B
  • Geography: Kenya, Ghana

Investor stats

  • Total investments: 9
  • Lead/follow: no public data

Portfolio highlights

  • IBISA — IBISA is an index-based insurance marketplace with satellite adoption. Inclusive mutual risk sharing solution with low fees and fast assessment and payment. Crop Protection for Smallholder Farmers
  • Winich Inc (Winich Farms) — At Winich Farms we are a technology-driven and agri-startup connecting farmers with access to finance, premium markets and passionate about ensuring global food security and democratising agricultural participation. We drive digital participation by crowdfunding through our online platforms, these we use to engage farmers with quality inputs,agricultural expertise, process automation, and machinery, with the promise of decent returns to our subscribers and the farmers at the end of each farming cycle.In addition to this, utilizing our agro e-retail platform (web and app), we connect vicinity farmers with market (households) directly at farm gate price thereby reducing the activities of middlemen, making agro produce more affordable and easily accessible.One farmer at a time, our big vision is to build an Africa that feeds the world and itself. How do we plan to achieve this? Empower African Farmers by lowering barriers to accessing Capital and financial services, data driven best practices and technology to improve yield as well as access to local and global markets for their produce with established offtaker relationships like Flour Mills of Nigeria, Dangote Foods, Labana Rice, Big Bull Rice etcBacked by Orange Corners we are on a mission to create a prosperous and economically resilient Africa powered by Agriculture.
  • Complete Farmer — We are providing cutting-edge technological farming protocols and innovations with a unique business model and logistics that are revolutionizing...
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AE Ventures
VC Fund · 1 investments in Kenya Impact startups

Investment focus

  • Industry: IaaS, Big Data, Computer
  • Stage:Pre-Seed
  • Geography: Kenya, Croatia

Investor stats

  • Total investments: 2
  • Round size: Pre-Seed $150k–$250k
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • AMPnet — AMPnet is a set of white-label crowdinvesting platforms with a central P2P marketplace for renewable energy shares. Through our platform, renewable energy communities all over Europe are providing much-needed liquidity to their investments and connecting directly to large financers of renewables such as NGOs, carbon offseting schemes, etc...
  • UTU Technologies — Trust infrastructure for the sharing economy.
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Lateral Frontiers
VC Fund · New York, New York, United States · 1 investments in Kenya Impact startups

Lateral Capital is a mission driven venture fund investing in early and growth stage opportunities in Africa. We back companies that provide foundational technologies for the continent. We make debt and equity investments technology-enabled businesses that profitably solve significant pain points across financial services, healthcare, education,energy, agriculture, housing, logistics, mobility and more.

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Investment focus

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

Investor stats

  • Total investments: 37
  • Round size: Seed $1M–$3.1M; Pre-Seed $500k–$3.5M; Series A $558k–$15M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: May invest from a new fund soon — raised $50M in 2020

Portfolio highlights

  • CNote — CNote makes initial Cash Deposits easy for corporations, foundations, and individuals. Align your financial goals with your values and drive change in communities.
  • Rhaeos — Rhaeos, the world's first wearable shunt monitor, aims to improve the quality care for patients with hydrocephalus through a novel, thermal biosensor. Developed within Northwestern University with collaboration between Dr. John Rogers, McCormick School of Engineering, Feinberg School of Medicine and Kellogg School of Management, Rhaeosrepresents a unique multidisciplinary translational effort for an important clinical need.
  • Wattnow — Wattnow is a real-time monitoring solution that provides a breakdown of energy spending to identify wasteful trends.
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Endeavor Catalyst
VC Fund · New York, New York, United States · 1 investments in Kenya Impact startups

Endeavor Catalyst is the co-investment fund set up to invest exclusively in led companies

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Investment focus

  • Industry: Software, Information Technology, E-Commerce
  • Stage:Series B, Series A, Series C
  • Geography: United States, Brazil, Mexico

Investor stats

  • Total investments: 361
  • Round size: Series A $5.3M–$40M; Series B $10M–$90M; Series C $15M–$250M
  • Lead/follow: 3% lead, 97% follow
  • Last fund: Likely still investing — raised $292M in 2022

Portfolio highlights

  • Dataroid — Enterprise-level digital analytics and customer engagement platform that helps enhance every customer interaction with data-driven insights.
  • Pagaleve — pagaleve offers payment in installments at PIX, with no interest and no credit card required. They provide merchants with a new payment method in order to increase their sales in a simple, uncomplicated, and agile manner, but they also want to provide people with the opportunity to buy what they want without committing to the card'shigh-interest rates and credit.
  • Kumu Holdings — kumu is a pinoy community platform where you can just hang out, explore the many livestreams the Kumunity has to offer, meet and chat with fellow Filipinos all around the world
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Partners Group
VC Fund · Baar, Zug, Switzerland · 1 investments in Kenya Impact startups

Partners Group are a unique, global alternative asset manager with strong Swiss roots, proactively providing their international client base with innovative, customized solutions.With CHF 19.2 billion in private equity assets under management, a global team of over 130 private equity professionals in seven offices, and over 300 partnershipinvestments led by over 200 general partners, Partners Group is one of the largest private equity asset managers worldwide.

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Investment focus

  • Industry: Software, Health Care, Manufacturing
  • Stage:Private Equity, Debt Financing
  • Geography: United States, Switzerland, India

Investor stats

  • Total investments: 78
  • Round size: Debt Financing $108M–$1.9B; Private Equity $55M–$699M
  • Lead/follow: 56% lead, 44% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Restor3d — restor3d presents the next generation of personalized 3D-printed orthopedic implants. Patient-specific for better outcomes. Visit our website for details.
  • Omie — Omie is a Brazilian held software house that develops Cloud ERP and CRM for small and medium companies. The software is a platform for integrating companies and accounting firms, so it promotes and sells through an ecosystem where entrepreneurs and accountants are bound by consultants, the enablers. Omie DNA is simple, intuitive and affordable.Omie was founded on 2013 and is headquartered in São Paulo, Brazil.
  • Green Flexibility — Green Flexibility operates as a manufacturer of extensive battery storage systems.
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Water and Energy for Food Grand Challenge
VC Fund · Washington, District of Columbia, United States · 1 investments in Kenya Impact startups

Scaling water-energy-food innovations to impact gender, food security, poverty reduction, climate mitigation and resilience, and the environment and biodiversity.

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Investment focus

  • Industry: SaaS, AgTech, Farming
  • Stage:Grant, Pre-Seed
  • Geography: India, Kenya

Investor stats

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

Portfolio highlights

  • Synnefa — We provide an online farm record-keeping software as a service and integrate this platform with IoT solar-powered soil sensors to give farmers a 360-degree view of their farm and eliminate any guesswork. We leverage AI and ML technologies to analyse IoT data and agronomy data to increase production by 60% while reducing farm input costs by 40%.
  • Oorja Development Solutions — Oorja is a project developer of solar PV systems to power livelihoods in emerging markets.
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Shared Future Fund
VC Fund · 1 investments in Kenya Impact startups

Shared Future Fund (SFF) is an unconventional venture fund designed to provide rapid seed funding and useful resources to early-stage entrepreneurs committed to solving the global climate crisis.

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Investment focus

  • Industry: Environmental Engineering, Forestry, Electronics
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Kenya

Investor stats

  • Total investments: 5
  • Lead/follow: no public data

Portfolio highlights

  • Gradient — Get Gradient, a modern and energy efficient window AC that cools, heats, and never blocks the view. Smarter and quieter, without taking up window space.
  • Octavia Carbon — Reversing Climate Change | Ending the Fossil Fuel Age | In Kenya.
  • Marathon Fusion — Solving the grand challenge of alchemy
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British International Investment
VC Fund · London, England, United Kingdom · 1 investments in Kenya Impact startups

British International Investment is the UK's development finance institution. We've been at the forefront of supporting companies in developing countries for more than 70 years.

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Investment focus

  • Industry: Financial Services, Banking, Finance
  • Stage:Debt Financing, Series B
  • Geography: India, Kenya, Nigeria

Investor stats

  • Total investments: 208
  • Round size: Series B $12M–$70M; Debt Financing $7.5M–$137M
  • Lead/follow: 52% lead, 48% follow

Portfolio highlights

  • Akshayakalpa — Certified Organic Milk & other products delivered by 7 AM in Bengaluru, Chennai, and Hyderabad. 100% natural, 69% of you pay goes to farmers.
  • Light Microfinance — Light Microfinance is a non-banking finance company registered with the Reserve Bank of India. Headquartered at Ahmedabad, Gujarat, Light Microfinance provides micro and meso finance products and services with gender and poverty-focused programs, targeting rural and peri-urban areas, with a specific focus on poor women. The company operates inGujarat, Rajasthan and Madhya Pradesh and is one of the fastest growing microfinance companies in India today.
  • Ecobank — A regional commercial bank operating in many African countries.
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Chandaria Capital
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in Kenya Impact startups

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Investment focus

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

Investor stats

  • Total investments: 29
  • Round size: Seed $250k–$6M; Pre-Seed $1M–$3M; Series A $2M–$37M
  • Lead/follow: 7% lead, 93% 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.
  • Savannah Brands — Savannah Brands is a food & beverage company.
  • UTU Technologies — Trust infrastructure for the sharing economy.
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Ambo Ventures
VC Fund · 1 investments in Kenya Impact 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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Proparco
VC Fund · Paris, Ile-de-France, France · 1 investments in Kenya Impact startups

Proparco is devoted to private sector funding in the sustainable development sector.

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Investment focus

  • Industry: Financial Services, Energy, Finance
  • Stage:Debt Financing, Seed
  • Geography: India, Kenya, Mauritius

Investor stats

  • Total investments: 77
  • Lead/follow: no public data

Portfolio highlights

  • SeA Bank — SeA Bank is a banking institution that provides services like preferential loans, tax service, online transaction solutions and more.
  • Alya — FinTech providing instalments & payment solutions in Africa
  • Delta Holdings — Delta Holdings specialises in strategic global investments and active management of subsidiaries in the speciality chemicals business.
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Impact VC funding in Kenya at a glance

Stats across 155 deals from 163 investors.

163
investors
in Kenya Impact startups
155
deals
in Kenya Impact startups
$1.8M
median round
in Kenya Impact startups
47%
lead investors
lead at least one round
18%
Seed
most common funding stage

Access all 163 VC funds in Kenya Impact startups.

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