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Top 10 Medical Startup Investors in Kenya (July 2026)

The most active venture capital funds and angel investors investing in Kenya Medical startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Kenya Medical startup companies. Find investors to raise a Seed, Series A or Debt Financing round with Shizune.
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–$135M
UBS Optimus Foundation
VC Fund
3 India, Kenya, Germany Series A, Seed, Debt Financing Education, Health Care, Medical Device $1.3M–$7M
Soros Economic Development Fund
VC Fund
3 India, Kenya, Brazil Venture - Series Unknown, Series A, Series C Health Care, Manufacturing, AgTech $3.6M–$20M
Grand Challenges Canada
VC Fund
2 Canada, United States, India Grant, Debt Financing, Seed Health Care, Medical Device, Biotechnology $100k–$11M
MaC Venture Capital
VC Fund
1 United States, Nigeria, Kenya Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $770k–$40M
International Finance Corporation
VC Fund
1 India, Brazil, United States Debt Financing, Series B Financial Services, Finance, FinTech $6M–$400M
Standard Chartered Women in Technology
VC Fund
1 Kenya Seed, Grant Health Care, Information Technology, AgTech $9.7k–$121k
54 Collective
VC Fund
1 Kenya, Nigeria, South Africa Seed, Pre-Seed Health Care, Information Technology, FinTech $40k–$4M
AfricInvest
VC Fund
1 Tunisia, Kenya, Morocco Private Equity, Series A Financial Services, Manufacturing, FinTech $6.5M–$65M
Adanian Labs
VC Fund
1 Kenya Seed, Pre-Seed Developer Platform, Financial Services, Gaming
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Investor list

Finnfund
VC Fund · Helsinki, Southern Finland, Finland · 3 investments in Kenya Medical 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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UBS Optimus Foundation
VC Fund · 3 investments in Kenya Medical 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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Soros Economic Development Fund
VC Fund · New York, New York, United States · 3 investments in Kenya Medical 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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Grand Challenges Canada
VC Fund · Toronto, Ontario, Canada · 2 investments in Kenya Medical 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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MaC Venture Capital
VC Fund · Los Angeles, California, United States · 1 investments in Kenya Medical startups

MaC Venture Capital is an early-stage venture capital firm focused on finding ideas, technology, and products that can become infectious. The firm invests in technology companies that benefit from shifts in cultural trends and behaviors in an increasingly diverse global marketplace.MaC VC is the result of the merger between successful LosAngeles and Bay Area-based Seed funds, Cross Culture Ventures, and M Ventures.

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Investment focus

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

Investor stats

  • Total investments: 260
  • Round size: Seed $1.9M–$9.1M; Pre-Seed $770k–$4.3M; Series A $6M–$40M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • Skurt — Get an affordable pre-owned vehicle from right where you are and for as long as you choose.
  • Remezcla — Founded in 2006, Remezcla is a Latin Culture company founded in the US. Remezcla operates as a digital publisher, creative agency, and entertainment company. Our deep cultural expertise and operational structure allow us to provide valuable insights and tactics for companies looking to effectively communicate and engage with US Latinomillennials.As a digital publisher Remezcla is considered the leading authority on emerging Latin culture and music. As a creative agency Remezcla leverages its deep expertise on culture, audience, and storytelling to offer major brands a unique perspective on how to approach US Hispanic millennial consumers. Remezcla specializes on strategy, creative and execution of projects ranging from strategic rebranding, digital content creation, branded experientials platforms and tune-in campaigns. Remezcla’s creative agency has recently worked with brands such as ESPN, HBO, Netflix, Heineken, Tecate and Dos Equis Our work has received national recognition from the Webbys, Clios, ANA, and The One Show to name a few.
  • Lend Street Financial — LendStreet mission is simple help people get out of debt, rebuild their credit, and get a fresh start. They have partnerships within the financial sector which allow them to negotiate discounts on debts, which means they can pass on the discount to our customers and they in turn can get out of debt sooner, rebuild their credit and get on withtheir lives.
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International Finance Corporation
VC Fund · Washington, District of Columbia, United States · 1 investments in Kenya Medical startups

A strong and engaged private sector is indispensible to ending extreme poverty and boosting shared prosperity. That's where IFC comes in - we have more than 60 years experience in unlocking private investment, creating markets and opportunities where they are needed most.

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Investment focus

  • Industry: Financial Services, Finance, FinTech
  • Stage:Debt Financing, Series B
  • Geography: India, Brazil, United States

Investor stats

  • Total investments: 500
  • Round size: Series B $6M–$45M; Debt Financing $20M–$400M
  • Lead/follow: 59% lead, 41% follow

Portfolio highlights

  • Creditas — Creditas is a financial technology company, operates a digital platform that offers secured consumer loans. It uses credit scoring systems and borrowers’ assets, such as homes and automobiles as collateral to offer loans. Sergio Furio founded BankFacil in 2012 that later became Creditas. It has its headquarters in São Paulo in Brazil.
  • TerraPay — TerraPay, a mobile-first international payment network, has been founded with the vision to send money to any mobile. TerraPay interconnects financial services providers -- mobile wallet service providers, money transfer operators, banks and payment platforms – to create a “one network” for secure and seamless transnational movement of funds. Thenetwork facilitates a broad transaction set including interpersonal transfers, e-payments and government disbursements.TerraPay is platform agnostic and supports standard open APIs for integration with any mobile wallet provider. Through a single connection, partners gain access to a global payment network enabling rapid services up-scaling whilst minimizing Opex and Capex investments. As a fully regulated financial intermediary services network, TerraPay offers services beyond principal core transaction, routing and processing functions and assumes end-to-end responsibility for, regulatory compliance foreign exchange management and funds settlement.
  • AND Global — AND Global is a Financial Technology as a Services company that provides everything that a modern digital bank needs and more. The company was founded in 2015 and headquartered in Central Region, Singapore.
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Standard Chartered Women in Technology
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in Kenya Medical startups, 6 in the past 12 months

Standard Chartered Women in Technology Incubator Kenya is Africa’s leading incubator programme for female founded businesses.

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Investment focus

  • Industry: Health Care, Information Technology, AgTech
  • Stage:Seed, Grant
  • Geography: Kenya

Investor stats

  • Total investments: 12
  • Round size: Seed $10k–$10k; Grant $9.7k–$121k
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Tuwe Bora — Tuwebora, we do more than just make clothing—we're building futures and revolutionizing the global fashion industry.
  • UzimaNexus — UzimaNexus is a cutting-edge healthcare platform that links pharmaceutical corporations, biomedical companies, and research institutions worldwide with healthcare facilities throughout Africa. Combining AI and blockchain technology.
  • Timao Group — Timao Group is a clean tech company that recycles waste and produces plastic constructive systems.
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54 Collective
VC Fund · Johannesburg, NA - South Africa, South Africa · 1 investments in Kenya Medical 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: 108
  • Round size: Seed $40k–$4M; Pre-Seed $40k–$1.3M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • Yeah — Yeah is a financial technology company that offers payment processing services while building a credit profile for the banked and unbanked.
  • 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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AfricInvest
VC Fund · Tunis, Tunis, Tunisia · 1 investments in Kenya Medical 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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Adanian Labs
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in Kenya Medical startups

Adanian Labs Africa, is a venture building studio with a mission to build tech powered impact driven startups across Africa. We are a smart tech hub powered by smart technologies like blockchain and AI to ensure that the solutions built are scalable and sustainable. www.adanianlabs.io

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Investment focus

  • Industry: Developer Platform, Financial Services, Gaming
  • Stage:Seed, Pre-Seed
  • Geography: Kenya

Investor stats

  • Total investments: 7
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Savabyte — Savabyte is a capacity builder and tech talent enricher with a pool of quality software engineers trained and mentored across our African ecosystem. It aims to empower more women to join the tech space and access the technical skills
  • Jungopharm — Jungopharm is a developer of a pharma and healthcare platform that aims to make health care understandable, accessible & affordable for all.
  • Ngamea Games — Ngamea Games is a cross platform African inspired and focused gaming company. With six aims: Asset Creation, Development, Incubation, Collaboration, Training, and Publishing. In addition to game development and gamification as a service.
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Medical Investor funding in Kenya at a glance

Stats across 25 deals from 26 investors.

26
investors
in Kenya Medical startups
25
deals
in Kenya Medical startups
$600k
median round
in Kenya Medical startups
62%
lead investors
lead at least one round
28%
Grant
most common funding stage
100/0
VC / Angel
share of investor count

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