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Top 20 Medical Device VC Funds & Investors in Kenya (July 2026)

The most active venture capital funds investing in Kenya Medical Device startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Kenya Medical Device startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Soros Economic Development Fund
VC Fund
3 India, Kenya, Brazil Venture - Series Unknown, Series A, Series C Health Care, Manufacturing, AgTech $3.6M–$20M
UBS Optimus Foundation
VC Fund
3 India, Kenya, Germany Series A, Seed, Debt Financing Education, Health Care, Medical Device $1.3M–$7M
Finnfund
VC Fund
3 Kenya, India, South Africa Debt Financing, Series B Financial Services, Energy, FinTech $2.7M–$135M
TLcom Capital Partners
VC Fund
2 Nigeria, United States, United Kingdom Series A, Seed Software, Mobile, Information Technology $1.9M–$15M
Philips Foundation Impact Investments
VC Fund
2 Kenya Seed Software, Health Care, Medical Device $2.5M–$2.5M
Grand Challenges Canada
VC Fund
2 Canada, United States, India Grant, Debt Financing, Seed Health Care, Medical Device, Biotechnology $100k–$11M
U.S. International Development Finance Corp
VC Fund
2 India, Kenya, United States Debt Financing, Post-IPO Debt, Grant Financial Services, Finance, FinTech $328k–$500M
Chandaria Capital
VC Fund
2 Kenya, United States, Nigeria Seed, Series A, Pre-Seed FinTech, E-Commerce, Retail $250k–$37M
DOB Equity
VC Fund
2 Kenya, Tanzania, Rwanda Private Equity, Seed Food and Beverage, Farming, Agriculture $1M–$4M
Global Ventures
VC Fund
1 United Arab Emirates, Egypt, United States Seed, Series A, Series B Health Care, FinTech, Software $1.5M–$50M
Shaka Ventures
VC Fund
1 China, Egypt, Kenya Seed, Private Equity Mobile, Banking, Payments
Musha Ventures
VC Fund
1 United States, Nigeria, Kenya Seed, Pre-Seed, Series A Software, Financial Services, FinTech $125k–$10M
AAIC Investment
VC Fund
1 Kenya, Egypt, Nigeria Series A, Seed, Series B Health Care, Medical, E-Commerce $450k–$794M
AfricInvest
VC Fund
1 Tunisia, Kenya, Morocco Private Equity, Series A Financial Services, Manufacturing, FinTech $6.5M–$65M
Boehringer Ingelheim
VC Fund
1 United States, Kenya, Canada Series A, Series C, Series D Health Care, Therapeutics, Biotechnology
Kiva
VC Fund
1 Kenya, United States, Ghana Debt Financing, Seed, Series A Energy, Software, Agriculture $15k–$18M
Perivoli Innovations
VC Fund
1 United Kingdom, Kenya, South Africa Seed, Series A, Series B Health Care, Biotechnology, Medical Device $1.3M–$26M
Alphamundi
VC Fund
1 Kenya, Colombia, Ghana Debt Financing, Series A, Series B Agriculture, Renewable Energy, Financial Services $1.7M–$16M
Black Pearl Investments
VC Fund
1 Kenya Seed Software, Health Care, Medical Device
Angaza Capital
VC Fund
1 Nigeria, Kenya, Rwanda Seed, Series B, Venture - Series Unknown Software, Health Care, Electronic Health Record (EHR) $1.2M–$3M
Access all 25 VC funds in Kenya Medical Device startups.

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

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Investor list

Soros Economic Development Fund
VC Fund · New York, New York, United States · 3 investments in Kenya Medical Device startups

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.

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Investment focus

  • Industry: Health Care, Manufacturing, AgTech
  • Stage:Venture - Series Unknown, Series A, Series C
  • Geography: India, Kenya, Brazil

Investor stats

  • Total investments: 6
  • Round size: Venture - Series Unknown $3.6M–$20M
  • 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.
  • Mahta.bio — Mahta.bio is a food and beverage company.
  • 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.
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UBS Optimus Foundation
VC Fund · 3 investments in Kenya Medical Device startups

UBS Optimus Foundation is a non profit organisation it deliver breakthrough solutions to pressing social and environmental issues.

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Investment focus

  • Industry: Education, Health Care, Medical Device
  • Stage:Series A, Seed, Debt Financing
  • Geography: India, Kenya, Germany

Investor stats

  • Total investments: 8
  • Round size: Series A $1.3M–$7M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Turn.io — Turn.io powers life-improving conversations across the globe. Turn.io's chat platform enables health and education organisations to scale access to trusted information, empathic support and vital services.
  • Hewatele — Hewatele is a social enterprise that provides affordable quality medical oxygen to all needy patients together with its affiliates CPHD and Mediquip Global.
  • Kreedo Early Childhood Solutions — Kreedo Preschool Non-Franchise Solution | education development partner that helps create your preschool brand | Promotes with strong ROI.
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Finnfund
VC Fund · Helsinki, Southern Finland, Finland · 3 investments in Kenya Medical Device startups

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

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Investment focus

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

Investor stats

  • Total investments: 68
  • Round size: Series B $5M–$41M; Debt Financing $2.7M–$135M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Mobisol — We transform lives through solar energy access. Our solar home systems and mini-grids benefit millions of people in Sub-Saharan Africa.
  • TPL Insurance — TPL Insurance is a Pakistan's first direct insurance company that take care of all insurance related matters.
  • Transvolt Mobility — Transvolt Mobility is an early-stage, technology-driven EV fleet operator, enabling India’s transition to sustainable, zero-emission transport by providing a scalable, multi-partner platform for commercial electric mobility across urban and industrial segments.
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TLcom Capital Partners
VC Fund · London, England, United Kingdom · 2 investments in Kenya Medical Device startups

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.

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Investment focus

  • Industry: Software, Mobile, Information Technology
  • Stage:Series A, Seed
  • Geography: Nigeria, United States, United Kingdom

Investor stats

  • Total investments: 68
  • Round size: Seed $1.9M–$8.5M; Series A $3.8M–$15M
  • Lead/follow: 56% lead, 44% follow
  • Last fund: Likely still investing — raised $150M in 2022

Portfolio highlights

  • Autochek — Welcome To Autochek Group's Homepage. Read About The Company's Vision And Mission. Select A Country And Apply For Car Loans
  • HoneyCoin — HoneyCoin is a web3/web2 ecosystem of products built in a way that abstracts complexity and brings all the value of web3 and web2 to the forefront.
  • Ilara Health — Ilara Health helps primary care clinics across Africa deliver better care.
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Philips Foundation Impact Investments
VC Fund · Nieuw-amsterdam, Drenthe, The Netherlands · 2 investments in Kenya Medical Device startups

Philips Foundation partners with mission-driven ventures that strengthen healthcare systems in underserved communities.

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Investment focus

  • Industry: Software, Health Care, Medical Device
  • Stage:Seed
  • Geography: Kenya

Investor stats

  • Total investments: 2
  • Round size: Seed $2.5M–$2.5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Ilara Health — Ilara Health helps primary care clinics across Africa deliver better care.
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Grand Challenges Canada
VC Fund · Toronto, Ontario, Canada · 2 investments in Kenya Medical Device startups

Learn how we find, fund and support high-impact innovations

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Investment focus

  • Industry: Health Care, Medical Device, Biotechnology
  • Stage:Grant, Debt Financing, Seed
  • Geography: Canada, United States, India

Investor stats

  • Total investments: 15
  • Round size: Grant $100k–$3.3M; Debt Financing $731k–$11M
  • Lead/follow: 47% lead, 53% 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.
  • Karma Healthcare — Karman Healthcare are see a world where everyone has an opportunity and means to access equitable and affordable healthcare.
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U.S. International Development Finance Corp
VC Fund · Washington, District of Columbia, United States · 2 investments in Kenya Medical Device startups

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

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Investment focus

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

Investor stats

  • Total investments: 126
  • Round size: Grant $328k–$5M; Post-IPO Debt $18M–$500M; Debt Financing $5.5M–$410M
  • Lead/follow: 78% lead, 22% follow
  • Last fund: Likely still investing — raised $300M in 2024

Portfolio highlights

  • Kodak — A global technology company providing industry-leading products and services for commercial print, packaging, publishing, manufacturing and entertainment.
  • Bayport Management — Bayport Management Limited, through its subsidiaries, provides retail financial services in the Republic of Mauritius and internationally.
  • Pela Global — Pela Global Limited is an Australian company focused on critical and precious metals mining, primarily advancing projects in North Macedonia's Tethyan Belt. It specializes in antimony and gold resources, emphasizing sustainable development and global supply chain contributions.
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Chandaria Capital
VC Fund · Nairobi, Nairobi Area, Kenya · 2 investments in Kenya Medical Device startups

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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Investment focus

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

Investor stats

  • Total investments: 35
  • Round size: Seed $250k–$6M; Pre-Seed $1M–$3M; Series A $2M–$37M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Savannah Brands — Savannah Brands is a food & beverage company.
  • UTU Technologies — Trust infrastructure for the sharing economy.
  • African Originals — African Originals food and beverage company that offers authentic African craft beverages using traditional reciepies.
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DOB Equity
VC Fund · Veessen, Gelderland, The Netherlands · 2 investments in Kenya Medical Device 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: 51
  • Round size: Seed $1M–$4M
  • Lead/follow: 59% lead, 41% follow

Portfolio highlights

  • Kentaste — Virgin coconut oil, Coconut Cream, and Coconut Milk
  • 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.
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Global Ventures
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in Kenya Medical Device startups

We back global-minded, growth-stage and technology-focused founders in emerging markets and the world.

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Investment focus

  • Industry: Health Care, FinTech, Software
  • Stage:Seed, Series A, Series B
  • Geography: United Arab Emirates, Egypt, United States

Investor stats

  • Total investments: 110
  • Round size: Seed $1.5M–$11M; Series A $3M–$30M; Series B $8M–$50M
  • Lead/follow: 57% lead, 43% follow
  • Last fund: Likely still investing — raised $85M in 2022

Portfolio highlights

  • Maalexi — We are a deal-driven and buyer-focussed digital ecosystem for 'Wholesale Import and Finance of Food and Agriculture products into US, Europe, Africa, India and the UAE'. We make it faster, cheaper and safer to trade internationally, by standardizing and digitalizing trade processes, and have built key partnerships with globally renownedcompanies, that assure performance, finance, and mitigate transactional risks.We help local SME manufacturers and distributors to import and get finance for food and agricultural products directly from the source. Agricultural products can be imported by local manufacturers directly from small and medium co-operatives and processors, while food products can be imported directly by local distributors from manufacturers. We help buyers connect and transact with sellers by mitigating transactional risks in cross-border trade like : Counter-party, Price, Product Quality and Quantity, Delivery and Payment. We have partnerships that allow us to provide - digital contracting, end-to-end fulfillment, physical inspections, and secured payments. We are partnered with globally renowned - Distributed Ledger Technology platform, Logistics Service companies, Insurance providers, an Inspection Agency, and Financial Service fin-tech firms. We work 24x7, 365 days to 'simplify cross-border trade', and we invite you to join us in this endeavor.
  • PoliCloud — PoliCloud is a cost-effective, sustainable, and independent cloud solution designed for people that desire complete control over their data.
  • Antimatter
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Access 48,091 investors

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

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Shaka Ventures
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in Kenya Medical Device startups

Shaka is a pan African venture capital firm based in Nairobi and Nigeria.

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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.
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Musha Ventures
VC Fund · New York, New York, United States · 1 investments in Kenya Medical Device startups

Seed capital for technology startups globally.

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Investment focus

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

Investor stats

  • Total investments: 156
  • Round size: Seed $125k–$6M; Pre-Seed $300k–$3.2M; Series A $2.5M–$10M
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • HoneyCoin — HoneyCoin is a web3/web2 ecosystem of products built in a way that abstracts complexity and brings all the value of web3 and web2 to the forefront.
  • Zeno — Zeno is a climate conscious motor company that offers eco-friendly motorcycles.
  • Lori Systems — Lori Systems is revolutionizing African logistics through innovative technology solutions. We connect shippers, transporters, and drivers to create efficient, reliable, and transparent supply chains across Africa.
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AAIC Investment
VC Fund · Singapore, Central Region, Singapore · 1 investments in Kenya Medical Device startups

We will continue to invest and support the growth of innovative companies towards sustainable economic growth and solving social issues.

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Investment focus

  • Industry: Health Care, Medical, E-Commerce
  • Stage:Series A, Seed, Series B
  • Geography: Kenya, Egypt, Nigeria

Investor stats

  • Total investments: 25
  • Round size: Seed $450k–$11M; Series A $3M–$794M; Series B $16M–$40M
  • Lead/follow: 20% lead, 80% 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
  • Chowdeck — Order food, groceries, drinks, medicines & everyday essentials from top restaurants, pharmacies, local markets, and stores near you. Fast delivery with Chowdeck.
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AfricInvest
VC Fund · Tunis, Tunis, Tunisia · 1 investments in Kenya Medical Device startups

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.

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Investment focus

  • Industry: Financial Services, Manufacturing, FinTech
  • Stage:Private Equity, Series A
  • Geography: Tunisia, Kenya, Morocco

Investor stats

  • Total investments: 109
  • Round size: Series A $7M–$65M; Private Equity $6.5M–$21M
  • Lead/follow: 64% lead, 36% follow

Portfolio highlights

  • Buzzkito — Buzzkito Network is disrupting the Avertising Industry by being the first BRAND TECH company in the MENA region. They fuse technology and brand building to make our clients happy. They are a data and psychological driven.
  • GoMyCode — GoMyCode is changing the education market by training talents in a dynamic belnded environement on digital skills and connects them with tech opportunities around the world. Based on 4 Main Aspects: - Data based Assessment - Data based matching - Business Analytics - Learning Platform - Content EditorGoMyCode provides digital Skills Training forthe Future of Work. In 4 Different fields: - DATA - DEVELOPMENT - DESIGN - DIGITAL MARKETING
  • RAYNAL Assurances — RAYNAL Assurances operates as an insurance company. RAYNAL Assurances underwrites a large range of non-life insurance risks associated to automotive, health, accident, fire, transport, and other multi-risks, addressing a clientele composed of both corporate and retail customers.
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Boehringer Ingelheim
VC Fund · Ingelheim Am Rhein, Rheinland-Pfalz, Germany · 1 investments in Kenya Medical Device startups

Boehringer Ingelheim is a research-driven group of companies dedicated to researching, developing, manufacturing, and marketing pharmaceuticals that improve health and quality of life. Our businesses comprise Prescription Medicine, Animal Health, and Biopharmaceuticals.

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Investment focus

  • Industry: Health Care, Therapeutics, Biotechnology
  • Stage:Series A, Series C, Series D
  • Geography: United States, Kenya, Canada

Investor stats

  • Total investments: 6
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Ilara Health — Ilara Health helps primary care clinics across Africa deliver better care.
  • Click Therapeutics — We combine neuroscience with the power of software to create patient-centric digital treatments. Discover our prescription digital therapeutics and software-enhanced drug therapies.
  • Yale Cancer Center — Yale Cancer Center combines a tradition of innovative cancer treatment and quality care for our patients. A National Cancer Institute (NCI) designated
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Kiva
VC Fund · San Francisco, California, United States · 1 investments in Kenya Medical Device startups

Kiva is the world's first online lending platform. For as little as $25 you can lend to an entrepreneur around the world. Learn more here.

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Investment focus

  • Industry: Energy, Software, Agriculture
  • Stage:Debt Financing, Seed, Series A
  • Geography: Kenya, United States, Ghana

Investor stats

  • Total investments: 10
  • Round size: Debt Financing $15k–$18M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Nilus — Nilus is an impact-driven company that aims to eradicate malnutrition by applying technology to deliver affordable and healthy food to low income people. Nilus is creating a new value chain for the base of the pyramid, based on food rescue, disintermediation and inclusive design. Our vision is to become the largest and most impactful food companyin the Americas, by servicing the more than 360 million people living in poverty.
  • Ilara Health — Ilara Health helps primary care clinics across Africa deliver better care.
  • Let Me Snack — Let Me Snack is a Houston-based specialty snack company producing popped water lily seed snacks with clean ingredients.
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Perivoli Innovations
VC Fund · St. Helier, NA - Jersey, Jersey · 1 investments in Kenya Medical Device startups

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.

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Investment focus

  • Industry: Health Care, Biotechnology, Medical Device
  • Stage:Seed, Series A, Series B
  • Geography: United Kingdom, Kenya, South Africa

Investor stats

  • Total investments: 28
  • 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

  • Ilara Health — Ilara Health helps primary care clinics across Africa deliver better care.
  • African Originals — African Originals food and beverage company that offers authentic African craft beverages using traditional reciepies.
  • Downforce Technologies — Downforce Technologies is a pioneering leader in science-led, data-driven land management solutions focused on optimising soil health, soil organic carbon levels and biodiversity. With over 30% of the world's soil already degraded, urgent action is needed to address this pressing global challenge. Our platform offers a complete,high-resolution view of the land's carbon profile, enabling precise analysis and site-specific strategies for optimizing carbon levels.
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Alphamundi
VC Fund · Zürich, Zurich, Switzerland · 1 investments in Kenya Medical Device 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: 21
  • Round size: Series A $10M–$12M; Series B $3.5M–$16M; Debt Financing $1.7M–$11M
  • Lead/follow: 24% lead, 76% 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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Black Pearl Investments
VC Fund · New York, New York, United States · 1 investments in Kenya Medical Device startups

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.

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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.
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Angaza Capital
VC Fund · Abu Dhabi, Abu Dhabi, United Arab Emirates · 1 investments in Kenya Medical Device startups

Angaza Capital is an investment firm that provides funding for ecosystem creation and project developments.

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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: 5
  • Round size: Seed $1.2M–$3M
  • Lead/follow: 20% lead, 80% 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.
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Medical Device VC funding in Kenya at a glance

Stats across 15 deals from 25 investors.

25
investors
in Kenya Medical Device startups
15
deals
in Kenya Medical Device startups
$2.5M
median round
in Kenya Medical Device startups
44%
lead investors
lead at least one round
27%
Seed
most common funding stage

Access all 25 VC funds in Kenya Medical Device startups.

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