# Spring Accelerator

> Spring Accelerator is a VC fund in Nairobi backing SaaS, Water and AgTech. See 3 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Nairobi, Kenya
- Total investments: 3
- Last investment: Jun 2017
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/spring-accelerator
- X (Twitter): https://twitter.com/SpringAccel
- Website: https://www.springaccelerator.org/
- Facebook: https://www.facebook.com/SpringAccel

Spring Accelerator is a VC fund in Nairobi focused on SaaS and Water. A pioneering accelerator that provides finance, world-class mentors, and technical expertise to businesses that can improve the lives of adolescent girlsAn estimated 250 million adolescent girls live in poverty worldwide, unable to build assets or safely raise the income needed for a more prosperous life. SPRING identifies and supports venturesthat can bring life-enhancing products and services to this huge population.They help high-potential products and services reach scale where they otherwise might struggle or fail by offering entrepreneurs support with business innovation, design, finance, marketing, and more.SPRING is a 5-year programme backed by 3 of the most influential and innovative organisations in the world: the UK’s Department for International Development, the Nike Foundation, and USAID.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| SaaS | 1 | 33% |
| Water | 1 | 33% |
| AgTech | 1 | 33% |
| Banking | 1 | 33% |
| Farming | 1 | 33% |

17 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Funding Round | 2 | 67% |
| Grant | 1 | 33% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Kenya | 2 | 67% |
| United States | 1 | 33% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Synnefa | Synnefa provides an ecosystem of Smart Greenhouses and Solar Dryers equipped with FarmShield™ IoT sensors connected to our FarmCloud™ software enabling farmers to double incomes on less land, use less water, reduce post harvest losses and access premium markets. |  |  | Jun 16, 2017 |  |
| Cherehani Africa | Cherehani Africa is transforming the micro finance market by leveraging proprietary technology to deploy capital at a 3X efficiency. The business model combines technology and human touch to provide credit to women micro-entrepreneurs in rural and underserved areas. The model is built on top of the proven micro-savings groups structures. Cherehanialso provides market information and financial education to its customers. The suite of information is disseminated via a proprietary web based platform and augmented by in-person field visits. | $200K | Grant | Jun 16, 2017 |  |
| Drinkwell | Drinkwell was established in May 2013 as a part of WIST, Inc., to capitalize on the lessons learned of the over 200 implementations and take advantage of the enormous market opportunity of providing clean drinking water to rural and peri-urban communities that lack access to affordable sources of clean drinking water. |  |  | Aug 06, 2016 |  |

3 of 3 investments shown.

## Co-investors
- [Citi Foundation](https://shizune.co/investors/profile/citi-foundation) — VC Fund, 1 deal together
- Levi Strauss & Co. — VC Fund, 1 deal together
- [United States African Development Foundation](https://shizune.co/investors/profile/united-states-african-development-foundation) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Bpifrance](https://shizune.co/investors/profile/bpifrance) — VC Fund
- [SFC Capital](https://shizune.co/investors/profile/startup-funding-club) — VC Fund
- [HTGF (High-Tech Gruenderfonds)](https://shizune.co/investors/profile/high-tech-gr%C3%BCnderfonds) — VC Fund

## FAQ

### What does Spring Accelerator invest in?

Spring Accelerator invests primarily in SaaS, Water and AgTech startups, most often at Funding Round and Grant stage. Most of the 3 investments tracked by Shizune back companies in Kenya. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Spring Accelerator last invest?

The most recent investment recorded for Spring Accelerator closed in Jun 2017. Shizune tracks 3 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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