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Top 5 Manufacturing VC (Venture Capital) Funds in Uganda in May 2026

A list of 5 VC (Venture Capital) funds that invest in Manufacturing startups based in Uganda. We rank investors based on the number of investments they made in Manufacturing companies from Uganda. We update this investor list every month.

Top 5 Manufacturing VC (Venture Capital) Funds in Uganda in May 2026

Investor Manufacturing Uganda investments
Pearl Capital Partners 3
Delta40 1
Autodesk Foundation 1
Incofin Investment Management 1
Opes Impact Fund 1

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Investor list
Pearl Capital Partners
VC Fund · Kampala, Kampala, Uganda

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

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Investment focus

  • Agriculture, Farming, Food Processing
  • Private Equity, Debt Financing, Seed
  • Uganda, Kenya, Malawi

Portfolio highlights

  • Enimiro — Enimiro is creating an online farming platform in form of a mobile App to connect Ugandan smallholder farmers with local investors to increase harvest while enabling urban people to invest into farming and earn proceeds at just a click of a button.
  • Kamp Feed — Kamp Feed is a food producer of nutritional animal feeds that specializes in pelleted animal feeds.
  • Newman Foods — Newman Foods is an agro-processing company that manufactures, exports, and supplies a comprehensive range of fresh agricultural products. Newman Foods Ltd is a Kampala-based agro-processing company whose primary business is producing and marketing branded consumer foods sold through retail stores in the local and the regional market, as well asaggregation and export of fresh fruits and vegetables (FFV) to the European market.
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Delta40
VC Fund · Nairobi, Nairobi Area, Kenya

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

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Investment focus

  • CleanTech, Manufacturing
  • Seed
  • Uganda

Portfolio highlights

  • PowerUP — Clean Tech For Everyone
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Autodesk Foundation
VC Fund · San Francisco, California, United States

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

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Investment focus

  • Energy, CleanTech, Manufacturing
  • Seed, Series A, Series B
  • United States, Kenya, Uganda

Portfolio highlights

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

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

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Investment focus

  • Financial Services, Finance, FinTech
  • Series A, Series B, Funding Round
  • India, Kenya, Myanmar

Portfolio highlights

  • Spouts of Water — SPOUTS mission is to manufacture and distribute ceramic water filters to provide everyone in Uganda with safe water.
  • Ace International — ACE International manufactures and distributes dairy powders, milk proteins, and other food grade components.
  • Saggraha Management Services — SaGgraha Management Services is a Bottom of the Pyramid financial services provider with a mission to contribute to the country's financial inclusion effort. The company is promoted by a team of professionals with banking, microfinance and financial services experience. The company believes at maintaining highest ethical and professionalstandards, governance and transparency.
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Opes Impact Fund
VC Fund · Milano, Lombardia, Italy

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

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Investment focus

  • Communities, Agriculture, Energy
  • Funding Round, Seed, Series A
  • Italy, Kenya, India

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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