# Mulago Foundation

> Mulago Foundation is a VC fund backing Agriculture and Health Care. See 11 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: San Francisco, United States
- Total investments: 11
- Last investment: Jul 2026
- Lead investor: 18%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/mulago-foundation
- X (Twitter): http://twitter.com/mulagostarr
- Website: http://www.mulagofoundation.org

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.

## Contacts

5 contacts available for Mulago Foundation. Shizune tracks 4 team members at Mulago Foundation. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/mulago-foundation?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1M–$3.2M |
| Grant | $190k–$4M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Agriculture | 5 | 45% |
| Health Care | 3 | 27% |
| Education | 2 | 18% |
| Marketplace | 2 | 18% |
| Pharmaceutical | 2 | 18% |

23 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Grant | 4 | 36% |
| Seed | 3 | 27% |
| Pre-Seed | 2 | 18% |
| Series A | 1 | 9% |
| Debt Financing | 1 | 9% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 3 | 27% |
| Nigeria | 2 | 18% |
| Ghana | 1 | 9% |
| India | 1 | 9% |
| Kenya | 1 | 9% |

8 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Henry Arnhold | Founder | 0 | https://shizune.co/investors/profile/henry-arnhold-40f3 |
| Kevin Starr | Managing Director&CEO | 0 | https://shizune.co/investors/profile/kevin-starr-mu |
| Kristin Gilliss | Associate Portfolio Director | 0 | https://shizune.co/investors/profile/kristin-gilliss |
| Rainer Arnhold | Founder | 0 | https://shizune.co/investors/profile/rainer-arnhold |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| 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 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 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 | 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 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 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 | Agroforestry Enterprise |  | Pre-Seed | Oct 01, 2020 |  |
| 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 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 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 |  |

10 of 11 investments shown.

## Co-investors
- [Ceniarth](https://shizune.co/investors/profile/ceniarth-2) — VC Fund, 2 deals together
- [Kiva](https://shizune.co/investors/profile/kiva) — VC Fund, 2 deals together
- [Bill & Melinda Gates Foundation](https://shizune.co/investors/profile/bill-melinda-gates-foundation) — VC Fund, 1 deal together
- [BREEGA](https://shizune.co/investors/profile/breega-capital) — VC Fund, 1 deal together
- [Catalyst Fund](https://shizune.co/investors/profile/catalyst-fund) — VC Fund, 1 deal together
- [DEG](https://shizune.co/investors/profile/deg) — VC Fund, 1 deal together

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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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