Top 20 Medical Device Startup Investors in Kenya (June 2026)
For AI agents: Short investor table (Markdown), Detailed investor list (Markdown)
| Investor | Relevant Deals | Geography | Stage | Focus | Round Size |
|---|---|---|---|---|---|
|
Finnfund
VC Fund
|
3 | Kenya, India, South Africa | Debt Financing, Series B | Financial Services, Energy, FinTech | $2.7M–$99M |
|
Chandaria Capital
VC Fund
|
2 | Kenya, United States, Nigeria | Seed, Series A, Pre-Seed | E-Commerce, Retail, FinTech | $250k–$37M |
|
DOB Equity
VC Fund
|
2 | Kenya, Rwanda, Uganda | Private Equity, Seed | Food and Beverage, Farming, Agriculture | $1M–$4M |
|
Selma Ribica
Angel
|
1 | Kenya, Morocco, Nigeria | Pre-Seed, Seed | Payments, Apps, Retail | $120k–$780k |
|
Alphamundi
VC Fund
|
1 | Kenya, Colombia, Ghana | Debt Financing, Series A, Series B | Agriculture, Renewable Energy, Financial Services | $1.7M–$16M |
|
Philips Foundation Impact Investments
VC Fund
|
1 | Kenya | Seed | Software, Health Care, Medical Device | |
|
Black Pearl Investments
VC Fund
|
1 | Kenya | Seed | Software, Health Care, Medical Device | |
|
Grand Challenges Canada
VC Fund
|
1 | Canada, United States, Australia | Grant, Seed, Debt Financing | Health Care, Medical Device, Biotechnology | $100k–$3.3M |
|
AfricInvest
VC Fund
|
1 | Tunisia, Kenya, Morocco | Private Equity, Series A | Financial Services, Manufacturing, FinTech | $6.5M–$65M |
|
TLcom Capital Partners
VC Fund
|
1 | Nigeria, United States, United Kingdom | Series A, Seed | Software, Mobile, Information Technology | $494k–$13M |
|
Aadil Mamujee
Angel
|
1 | United States, India, Kenya | Seed, Pre-Seed, Series B | SaaS, Software, FinTech | $300k–$4M |
|
Global Ventures
VC Fund
|
1 | United Arab Emirates, Egypt, United States | Seed, Series A, Series B | Health Care, FinTech, Financial Services | $1M–$50M |
|
AAIC Investment
VC Fund
|
1 | Kenya, Egypt, Nigeria | Series A, Seed, Series B | Health Care, Medical, E-Commerce | $450k–$794M |
|
Perivoli Innovations
VC Fund
|
1 | United Kingdom, Kenya, South Africa | Seed, Series A, Series B | Health Care, Biotechnology, Medical | $1.3M–$26M |
|
Angaza Capital
VC Fund
|
1 | Nigeria, Kenya, Rwanda | Seed, Series B, Venture - Series Unknown | Software, Health Care, Electronic Health Record (EHR) | $1.2M–$2.5M |
|
Musha Ventures
VC Fund
|
1 | United States, Nigeria, Kenya | Seed, Pre-Seed, Series A | Software, Financial Services, FinTech | $125k–$10M |
|
UBS Optimus Foundation
VC Fund
|
1 | India, Germany | Seed, Series A | Software, Education, E-Learning | $4M–$6.9M |
|
Shakir Merali
Angel
|
1 | Kenya, Mauritius | Seed, Series C | Credit, FinTech, Lending | |
|
Soros Economic Development Fund
VC Fund
|
1 | India, Belgium | Series A, Series C | AgTech, Agriculture, Health Care | |
|
Shaka Ventures
VC Fund
|
1 | China, Egypt, Kenya | Seed, Private Equity | Mobile, Banking, Payments | |
| Access all 24 investors in Kenya Medical Device startups. | |||||
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Finnfund is a Finnish development finance company that provides long-term risk capital for private projects in developing countries. Apart from co-investing with Finnish companies they can finance ventures that use Finnish technology, cooperate with Finnish partners on a long-term basis or generate major environmental or social benefits.
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- Industry: Financial Services, Energy, FinTech
- Stage:Debt Financing, Series B
- Geography: Kenya, India, South Africa
Investor stats
- Total investments: 66
- Round size: Series B $5M–$41M; Debt Financing $2.7M–$99M
- Lead/follow: 50% lead, 50% follow
Portfolio highlights
- Amartha — Amartha Mikro Fintech - P2P Lending Indonesia. Alternatif investasi dengan modal terjangkau mulai 100Rb. Tedaftar OJK, Imbal hasil 15%* & Berdampak Sosial.
- Mobisol — We transform lives through solar energy access. Our solar home systems and mini-grids benefit millions of people in Sub-Saharan Africa.
- IPT PowerTech — IPT PowerTech coverage, coupled with our extensive expertise in supply chain management, field implementation, and power systems, has made us one of the most capable companies in handling the most complicated and versatile projects in the MEA region and its neighboring countries.
KOITOTO merupakan akses login situs toto togel 4D resmi dan link slot gacor terpercaya menyediakan akses super cepat serta permainan terlengkap dengan tingkat kemenangan tinggi setiap hari.
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- 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.
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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- Industry: Food and Beverage, Farming, Agriculture
- Stage:Private Equity, Seed
- Geography: Kenya, Rwanda, Uganda
Investor stats
- Total investments: 49
- Round size: Seed $1M–$4M
- Lead/follow: 59% lead, 41% follow
Portfolio highlights
- 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.
- Ilara Health — Ilara Health helps primary care clinics across Africa deliver better care.
- Spouts of Water — SPOUTS mission is to manufacture and distribute ceramic water filters to provide everyone in Uganda with safe water.
Selma Ribica is the Co-Founder & Managing Partner of First Circle Capital. She previously worked at Abler Nordic as a Board Member. Selma Ribica attended the University of New York in Prague.
Show more...Investment focus
- Industry: Payments, Apps, Retail
- Stage:Pre-Seed, Seed
- Geography: Kenya, Morocco, Nigeria
Investor stats
- Total investments: 5
- Round size: Seed $120k–$735k; Pre-Seed $550k–$780k
- Lead/follow: 40% lead, 60% follow
Portfolio highlights
- Klump — Use Klump to buy now and pay later in instalments for up to 12 months! Businesses accept payments, increase conversion rates, and boost revenue. The Easy Life! Try it now.
- Scale — Scale accelerates market entry and revenue for fintechs with a people-first approach.
- Ilara Health — Ilara Health helps primary care clinics across Africa deliver better care.
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.
Show more...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.
Philips Foundation partners with mission-driven ventures that strengthen healthcare systems in underserved communities.
Show more...Investment focus
- Industry: Software, Health Care, Medical Device
- Stage:Seed
- Geography: Kenya
Investor stats
- Total investments: 1
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Ilara Health — Ilara Health helps primary care clinics across Africa deliver better care.
Boutique capital advisory, finance and investment brokerage firm in the U.S. focused in alternative investments, primarily commercial real estate, technology and corporate enterprises. The firm now has a loss mitigation program for restructuring struggling corporate businesses and property ownerships during the COVID-19 pandemic. A CCIM Designated Member Firm.
Show more...Investment focus
- Industry: Software, Health Care, Medical Device
- Stage:Seed
- Geography: Kenya
Investor stats
- Total investments: 1
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Ilara Health — Ilara Health helps primary care clinics across Africa deliver better care.
Learn how we find, fund and support high-impact innovations
Show more...Investment focus
- Industry: Health Care, Medical Device, Biotechnology
- Stage:Grant, Seed, Debt Financing
- Geography: Canada, United States, Australia
Investor stats
- Total investments: 12
- Round size: Grant $100k–$3.3M; Debt Financing $731k–$2M
- Lead/follow: 50% lead, 50% follow
Portfolio highlights
- Hewatele — Hewatele is a social enterprise that provides affordable quality medical oxygen to all needy patients together with its affiliates CPHD and Mediquip Global.
- LegWorks — LegWorks Knees are high-functioning, waterproof, and stable prosthetic devices that fulfill the security needs of low mobility users while still meeting the rugged demands of a highly active amputee.
- Nivi — Nivi is the best digital health chatbot built for whatsapp and rooted in behavioral science. Nivi enables users to take charge of their own health and works with private and public agencies to driver better public health outcomes.
AfricInvest was founded in 1994 and is part of Integra Group, an investment and financial services company based in Tunisia.Uniquely positioned as one of the most experienced private equity investors on the continent, AfricInvest has dedicated investment teams focused on North Africa and Sub-Saharan Africa, and employs 66 professionals based inseven offices.AfricInvest manages USD1 billion across 16 funds and benefits from strong, long-term support from both local and international investors, including leading development finance institutions in the United States and Europe.Having co-founded the African Venture Capital Association (AVCA) as well as the Middle East North Africa Private Equity Association (MENAPEA) and the Euromed Capital Forum, the firm is an active promotor of the private equity industry in the region.Since 1994, AfricInvest has invested in 135 companies across 25 African countries in a variety of high growth sectors and maintains a broad network of high quality executives across Africa, offering extensive expertise in key growth industries, including financial services, agribusiness, consumer/retail, education and healthcare.
Show more...Investment focus
- Industry: Financial Services, Manufacturing, FinTech
- Stage:Private Equity, Series A
- Geography: Tunisia, Kenya, Morocco
Investor stats
- Total investments: 102
- Round size: Series A $7M–$65M; Private Equity $6.5M–$21M
- Lead/follow: 64% lead, 36% follow
Portfolio highlights
- ArabyAds — ArabyAds offers a suite of enterprise-level B2B ecommerce automation platforms that deliver the most promising, responsive and performance-oriented digital advertising technologies.
- Aerobotics — Powerful insights for precision growing and crop insurance
- Lapaire — Get the best affordable eyeglasses in Africa with Lapaire. Book your free vision test today at our locations across Benin, Ivory Coast, Togo, Burkina Faso, Mali, Kenya & Uganda. Quality glasses, professional optometrists, unbeatable prices.
TLcom Capital, is an Africa focused tech VC, with offices in Lagos, Nairobi and London. TLcom had been investing since 1999 in Tech, Media, Mobil and Internet companies across Europe, US and Africa, which is the exclusive focus of its most recent TLcom TIDE Africa funds. TLcom manages total commitments of approximately 300 million USD in thesesectors via a series of dedicated investment vehicles. Our investment strategy is to identify, back and assist world class entrepreneurs and management teams with disruptive technologies and business models, compelling intellectual property and deep market knowledge. We primarily target companies focused on Africa as a prime market, in the following investment themes: Access to Data Service; Financial Services; eCommerce; B2C applications (including but not limited to: health, education, energy, media and entertainment); and Software solutions to corporates and SMEs.
Show more...Investment focus
- Industry: Software, Mobile, Information Technology
- Stage:Series A, Seed
- Geography: Nigeria, United States, United Kingdom
Investor stats
- Total investments: 57
- Round size: Seed $494k–$13M; Series A $3.8M–$13M
- Lead/follow: 53% lead, 47% follow
- Last fund: Likely still investing — raised $150M in 2022
Portfolio highlights
- Hub2.Io — Welcome to HUB2, the leading FINTECH startup in interoperability and payment infrastructure in Francophone Africa. We are proud to work with all financial industry players in Africa who need stable and high-performing infrastructure, and contribute to their success.
- Talstack — Talstack is an all-in-one platform for employee growth and development
- LittleFish — Full stack enterprise platform that extends your infrastructure, instead of replacing it.
Access 48,091 investors
822 industries, 177 countries. Updated daily. Emails and phones included.
Browse database — It's Free!Aadil has spent the last decade working in technology in Europe and USA. He was most recently VP of Product Management at Pocket Gems, a mobile entertainment company, where he was one of the founding employees and first product manager. He helped grow the company profitably to 200+ staff and 200M users. Previously Aadil worked in the early-stageinvestment team at Index Ventures and at Google in London. Aadil has a MEng from Cambridge University and an MBA from Harvard Business School. Aadil was born and raised in Mombasa, Kenya.
Show more...Investment focus
- Industry: SaaS, Software, FinTech
- Stage:Seed, Pre-Seed, Series B
- Geography: United States, India, Kenya
Investor stats
- Total investments: 15
- Round size: Seed $735k–$4M; Pre-Seed $300k–$3M
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- LocoNav — LocoNav is a provider of an online fleet management software used to deliver a single platform to run and manage fleet operations with ease. Its software offers GPS and intelligent analytics that track vehicle's speed, direction, and smart alerts that enable vehicle owners, businesses, and transporters to improve security, operations andreduce costs.The company was founded in 2015 and is headquartered in San Francisco, California.
- Checkstep — Checkstep is the trusted AI content moderation software that helps global platforms detect harmful content, enforce policies, and stay compliant at scale. Combine powerful automation with human expertise to deliver safe, relevant, and compliant digital experiences.
- Typedream — Create stunning landing pages with just 1 sentence with AI.
We back global-minded, growth-stage and technology-focused founders in emerging markets and the world.
Show more...Investment focus
- Industry: Health Care, FinTech, Financial Services
- Stage:Seed, Series A, Series B
- Geography: United Arab Emirates, Egypt, United States
Investor stats
- Total investments: 100
- Round size: Seed $1M–$11M; Series A $3M–$30M; Series B $8M–$50M
- Lead/follow: 59% lead, 41% follow
- Last fund: Likely still investing — raised $85M in 2022
Portfolio highlights
- Immensa — Immensa is building the largest on-demand AM spare parts platform for the energy industry thought, rapid digitization and RE of physical spare parts, collaborating with leading OEM's and Energy companies, enabling digital inventories on a global scale.
- PoliCloud — PoliCloud is a cost-effective, sustainable, and independent cloud solution designed for people that desire complete control over their data.
- Valeo — Get your lab tests done at the comfort of your home anywhere in Dubai through our personalized mobile health tracker app. Hassle-free blood sample collection.Wellness coach provided.
We will continue to invest and support the growth of innovative companies towards sustainable economic growth and solving social issues.
Show more...Investment focus
- Industry: Health Care, Medical, E-Commerce
- Stage:Series A, Seed, Series B
- Geography: Kenya, Egypt, Nigeria
Investor stats
- Total investments: 24
- Round size: Seed $450k–$12M; Series A $3M–$794M; Series B $16M–$40M
- Lead/follow: 21% lead, 79% follow
- Last fund: Likely still investing — fund raised in 2022
Portfolio highlights
- Aumet — Aumet allows medical manufacturers and distributors increase their sales by sharing hospital inquiries, business news, search for products, and find potential clients.Manufacturers and distributors who work together connect and get verified so they share hospital inquiries, market business news between each other .Suppliers list their productsand connect with distributors who sell these products and select countries, where they are looking for distributors, in the meantime distributors, connects with their suppliers, search for new product and list their interests.
- Mydawa — MYDAWA is here to ensure that every Kenyan can get quality, secure and affordable medicine and wellness products online
- Ilara Health — Ilara Health helps primary care clinics across Africa deliver better care.
Perivoli Innovations is a venture investment Trust established in 2016 by the Perivoli Trust. It donates profits to the Perivoli Foundation, a UK Charity, whose principal focus is Africa.
Show more...Investment focus
- Industry: Health Care, Biotechnology, Medical
- Stage:Seed, Series A, Series B
- Geography: United Kingdom, Kenya, South Africa
Investor stats
- Total investments: 26
- Round size: Seed $1.3M–$4.6M; Series A $1.4M–$12M; Series B $2.8M–$26M
- Lead/follow: 4% lead, 96% follow
Portfolio highlights
- Adaptavate — Adaptavate is leading the carbon change in the construction industry
- Ilara Health — Ilara Health helps primary care clinics across Africa deliver better care.
- Greenspark — Turn your e-commerce business into a force for good, increase sales and engage your customers in climate action with Greenspark.
Angaza Capital is an investment firm that provides funding for ecosystem creation and project developments.
Show more...Investment focus
- Industry: Software, Health Care, Electronic Health Record (EHR)
- Stage:Seed, Series B, Venture - Series Unknown
- Geography: Nigeria, Kenya, Rwanda
Investor stats
- Total investments: 4
- Round size: Seed $1.2M–$2.5M
- Lead/follow: 25% lead, 75% follow
Portfolio highlights
- BFree — BFree focuses its collection processes on sustainably leading customers out of debt by giving them back control over their finances.
- Ilara Health — Ilara Health helps primary care clinics across Africa deliver better care.
- Helium Health — Helium Health empowers healthcare providers in Africa with digital tools, financing solutions, and data partnerships. Learn more about our innovative solutions.
Seed capital for technology startups globally.
Show more...Investment focus
- Industry: Software, Financial Services, FinTech
- Stage:Seed, Pre-Seed, Series A
- Geography: United States, Nigeria, Kenya
Investor stats
- Total investments: 138
- Round size: Seed $125k–$4.2M; Pre-Seed $300k–$3.2M; Series A $2.5M–$10M
- Lead/follow: 3% lead, 97% follow
Portfolio highlights
- nGrow.ai — Boost revenue and engagement
- Orca Fraud — Orca empowers fraud fighters with effective tools to combat fraud
- SkillMagic — SkillMagic's AI finds the best technical content, delivers it directly to junior engineers, and helps you track progress.
UBS Optimus Foundation is a non profit organisation it deliver breakthrough solutions to pressing social and environmental issues.
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- Industry: Software, Education, E-Learning
- Stage:Seed, Series A
- Geography: India, Germany
Investor stats
- Total investments: 5
- Round size: Series A $4M–$6.9M
- Lead/follow: 80% lead, 20% follow
Portfolio highlights
- Hewatele — Hewatele is a social enterprise that provides affordable quality medical oxygen to all needy patients together with its affiliates CPHD and Mediquip Global.
- Karma Healthcare — Karman Healthcare are see a world where everyone has an opportunity and means to access equitable and affordable healthcare.
- Kreedo Early Childhood Solutions — Kreedo Preschool Non-Franchise Solution | education development partner that helps create your preschool brand | Promotes with strong ROI.
Shakir Merali
Show more...Investment focus
- Industry: Credit, FinTech, Lending
- Stage:Seed, Series C
- Geography: Kenya, Mauritius
Investor stats
- Total investments: 2
- Lead/follow: 50% lead, 50% follow
Portfolio highlights
- 4G Capital — Financial Services, Small Business Loans, Unsecured Loans, Microfinance, Credit Solutions, Working Capital, Flexible Repayment Options, Quick Loan Disbursements, Collateral-free Loans. banking 4G Capital. Kuza. Kawi, Upia, NXTGEN, africa bank. kenya bank. uganda bank. Green Investment, Sustainable returns. funding. impact
- Ilara Health — Ilara Health helps primary care clinics across Africa deliver better care.
The distribution of a car engine corresponds to the mechanisms that ensure the intake of the air-fuel mixture and the exhaust of the burning of gases with the valves.
Show more...Investment focus
- Industry: AgTech, Agriculture, Health Care
- Stage:Series A, Series C
- Geography: India, Belgium
Investor stats
- Total investments: 3
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Hewatele — Hewatele is a social enterprise that provides affordable quality medical oxygen to all needy patients together with its affiliates CPHD and Mediquip Global.
- Univercells — We are biotech innovators, rooted in Belgium, driven by one purpose: To transform how biotech drugs are made so everyone, everywhere, can get them.
- Siddhivinayak Agri Processing — SVAgri produces high quality early generation potato seeds through aeroponics. We also provide supply chain service for potato processors like chips and french fries manufacturers. SVAgri also has an engineering division which supplies technology solutions for snack manufacturing and starch recovery
Shaka is a pan African venture capital firm based in Nairobi and Nigeria.
Show more...Investment focus
- Industry: Mobile, Banking, Payments
- Stage:Seed, Private Equity
- Geography: China, Egypt, Kenya
Investor stats
- Total investments: 4
- Lead/follow: 50% lead, 50% follow
Portfolio highlights
- GONA — GONA is a leading provider of mobile payments, offering scalable mobile payments solutions for merchants and consumers. Founded by a group of world-class mobile payments enthusiasts who started by scribbling their ideas on a piece of paper, today they offer smart, innovative mobile payment services in Nigeria.
- MNT-Halan — MNT-Halan is a microfinance lending and payments company.
- Ilara Health — Ilara Health helps primary care clinics across Africa deliver better care.
Medical Device Investor funding in Kenya at a glance
Stats across 11 deals from 24 investors.
Access all 24 investors in Kenya Medical Device startups.
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