# Iungo Capital

> Iungo Capital is a VC fund in Kampala backing Information Technology and Solar. See 4 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Kampala, Uganda
- Total investments: 4
- Last investment: Jul 2023
- Lead investor: 25%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/iungocapital
- Website: https://iungocapital.com

Iungo Capital is an investment company that provides growth capital to early-stage and growing SMEs.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $100k–$200k |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Information Technology | 2 | 50% |
| Solar | 1 | 25% |
| Energy | 1 | 25% |
| Retail | 1 | 25% |
| Banking | 1 | 25% |

16 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 2 | 50% |
| Debt Financing | 2 | 50% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Uganda | 2 | 50% |
| Kenya | 1 | 25% |
| United States | 1 | 25% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Vivid Gold | Vivid Gold is not just a brand, it’s a game-driven ecosystem built at the intersection of four powerful pillars: commerce, content, culture, and careers. Together, these pillars reflect our commitment to transforming how gaming is experienced, monetized, and empowered across the East African region.1. Commerce – Accessible Gaming for All We powerthe hardware, physical games and accessories backbone of gaming in East Africa. We make it easier for gamers to access what they need, locally. Our phygital retail store approach ensures that whether online or in-store, customers enjoy seamless, convenient shopping with local payment options and trusted support.2. Content – Unlocking Digital Worlds We break barriers between African consumers and global digital platforms. Through instant delivery of gift cards and subscription codes, we enable local access to gaming content (PSN, Xbox, Steam), streaming (Netflix, Spotify), and productivity apps (Android, Apple) via frictionless local currency payment across African countries.3. Culture – Gaming as a Lifestyle We celebrate the role of gaming in shaping youth identity, creativity, and social connection. From leasing gaming equipment to community events and tournaments to collaborating with local creators, influencers, and esports enthusiasts, we embed gaming in lifestyle and everyday conversations. Our brand is deeply rooted in African culture, while remaining globally fluent and digitally native. 4. Careers – Building Africa’s Gaming Future We’re laying the foundation for education, employment, and entrepreneurship in game development & esports. design, and brand management, we aim to deliver structured programs that merge education with entertainment, offering skill based learning opportunities in esports and game development through holiday bootcamps, after school activities, alternative academic pathways, facilitate masterclasses by providing access to industry experts for mentorship and ensure the efficacy of all programs through active, future focused research integration.Together, these four pillars form a unified vision: to make gaming not just a pastime, but a platform for progress, expression, and economic inclusion in Africa. |  | Debt Financing | Jul 01, 2023 |  |
| Viebeg | Viebeg transform the way medical products are bought and sold, advancing the 4th industrial revolution in the developing world. | $200K | Seed | Sep 02, 2022 |  |
| FutureLink Technologies | FutureLink Technologies is a digital marketplace that offers financial transactions, savings, and net banking services. | $200K | Debt Financing | Jun 01, 2022 |  |
| Innovex | Innovex specializes in IoT solutions for monitoring solar energy systems and robotic applications. | $100K | Seed | Jan 19, 2021 |  |

4 of 4 investments shown.

## Co-investors
- [54 Collective](https://shizune.co/investors/profile/founders-factory-africa) — VC Fund, 1 deal together
- [GAIA Impact Fund](https://shizune.co/investors/profile/gaia-impact-fund) — VC Fund, 1 deal together

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## FAQ

### What does Iungo Capital invest in?

Iungo Capital invests primarily in Information Technology, Solar and Energy startups, most often at Seed and Debt Financing stage. Most of the 4 investments tracked by Shizune back companies in Uganda. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Iungo Capital's check size?

Iungo Capital typically joins rounds of $100k–$200k at Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Iungo Capital participates in.

### When did Iungo Capital last invest?

The most recent investment recorded for Iungo Capital closed in Jul 2023. Shizune tracks 4 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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