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Mulago Foundation, VC Fund

Mulago Foundation

VC Fund

San Francisco, United States

Mulago Foundation is a VC fund in San Francisco focused on Agriculture and Health Care. Mulago Foundation provides funding for organizations that work to aid those in extreme poverty.

Total investments:
11
Last investment:
Lead investor:
18%

Last updated:

Industries Mulago Foundation invests in

AgricultureHealth CareEducationMarketplacePharmaceutical

Stages Mulago Foundation invests in

GrantSeedPre-SeedSeries ADebt Financing

Countries Mulago Foundation invests in

United StatesNigeriaGhanaIndiaKenya

Round sizes

Seed $1M–$3.2MGrant $190k–$4M

Contacts

NameEmailPhoneSocials

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1 more contact available

Round size

Seed
$1M–$3.2M
Grant
$190k–$4M

Investment Focus

Industry

  • Agriculture 5 (45%)
  • Health Care 3 (27%)
  • Education 2 (18%)
  • Marketplace 2 (18%)
  • Pharmaceutical 2 (18%)
See all 23 industries →

Stage

  • Grant 4 (36%)
  • Seed 3 (27%)
  • Pre-Seed 2 (18%)
  • Series A 1 (9%)
  • Debt Financing 1 (9%)

Country

  • United States 3 (27%)
  • Nigeria 2 (18%)
  • Ghana 1 (9%)
  • India 1 (9%)
  • Kenya 1 (9%)
See all 8 countries →

Team

NameTitleInvestmentsLinksEmail
Henry Arnhold Founder
Founder Total investments: 0 Find email
Kevin Starr
Kevin Starr Managing Director&CEO
Managing Director&CEO Total investments: 0 Find email
Kristin Gilliss
Kristin Gilliss Associate Portfolio Director
Associate Portfolio Director Total investments: 0
Find email
Rainer Arnhold Founder
Founder Total investments: 0 Find email

Investments

CompanyDescriptionRoundLinks
Biochar Industrial Group Biochar Industrial Group
Biochar Industrial Group partners with agricultural processors to convert biomass waste into biochar through industrial pyrolysis. The company finances, installs, and operates biochar production systems that process agricultural residues such as palm kernel shells, cashew husks, and sawdust. It manages biochar production, carbon creditverification, carbon credit sales, and revenue sharing with its partners. Biochar Industrial Group also provides waste value assessments and partnership programs for eligible agricultural processors. $1.5M / Pre-Seed / Jul 31, 2026
Turn.io 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. $3.2M / Seed / Apr 01, 2025
ARC Marine ARC Marine
ARC Marine is a sustainable fishing company that rehabilitates damaged marine habitats to create new reef structures. It primarily engages in enhancing marine ecosystems on an unprecedented scale. The company was founded in 2015 and is headquartered in Brixham, Devon. Grant / Mar 05, 2024
Farmerline Farmerline
The Farmerline vision is to see an Africa where Agriculture NGO’s are not a functioning force in the market. Farmerline provides paid services that allow farmers to have the information and access they need to employ an entrepreneurial method of farming. Input dealers and traders pay for more efficient communication channels to farmers andfarmers pay for information packages and services. In this vision, more food is produce, more food gets to market, and GDP from cash crop export soars. $6.5M / Debt Financing / Apr 25, 2022
Particles for Humanity Particles for Humanity
Particles for Humanity transforms early-stage medical technology into products for people living in low-resource settings. Its development plans include a portfolio of products for improving vaccination and reducing malnutrition. Its rigorous product development process is based on end-user input and is focused on financially sustainable productopportunities. $4M / Grant / Jan 20, 2022
Hello Tractor Hello Tractor
Hello Tractor is an award winning agtech social enterprise that focuses on connecting tractor owners and smallholder farmers in Sub-Saharan Africa through a farm equipment sharing application. We have over the years emerged as the leading provider of technology solutions designed for the tractor services market, capturing 75% of private commercialtractor inflows to Nigeria, expanding to a total of 16 markets across the continent as well as reaching well over 500,000 smallholder farmers. $400K / Grant / Apr 01, 2021
Forested Forested
Agroforestry Enterprise Pre-Seed / Oct 01, 2020
Pula Advisors Pula Advisors
Pula is an insurance intermediary that implements data driven agricultural insurance. Pula assists hundreds of thousands of small-scale farmers across 6 countries in Africa. Farmers are able to safeguard their crops and invest in their farms through financial tools that take advantage of the rising use of mobile technology. $1M / Seed / Apr 17, 2018
Jeeon Jeeon
Jeeon is a for profit social business digitizing and upgrading retail pharmacies, which act as the primary healthcare destination for low-income populations across most emerging economies. Launched in 2015, Jeeon already has the largest digital network of 30,000+ pharmacies in Bangladesh. Jeeon is backed by investment from well known impactinvestors and supported by leading development partners such as USAID, DFID, Unilever, Acumen, Aspen Network, Mulago Foundation, and many others. $190K / Grant / Dec 31, 2017
Komaza Komaza
Komaza is a tech-driven sustainable forestry company revolutionizing the wood industry in Africa with its farmer platform. It combines technology, training, and service to create a new sustainable wood supply for Africa at an 80% cost disruption over traditional plantations. The company was founded in 2006 by Tevis Howard. $9.9M / Series A / Nov 29, 2017
See all 11 investments →

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FAQ

What does Mulago Foundation invest in?

Mulago Foundation invests primarily in Agriculture, Health Care and Education startups, most often at Grant and Seed stage. Most of the 11 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

What is Mulago Foundation's check size?

Mulago Foundation typically joins rounds of $1M–$3.2M at Seed and $190k–$4M at Grant. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Mulago Foundation participates in.

How do I contact Mulago Foundation?

Public channels for Mulago Foundation include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

Who are the partners at Mulago Foundation?

The team at Mulago Foundation includes Henry Arnhold (Founder), Kevin Starr (Managing Director&CEO) and Kristin Gilliss (Associate Portfolio Director). The Team section lists each member with their title, investment count and links.

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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