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Top 35 Retail Startup Investors in Kenya (June 2026)

The most active venture capital funds and angel investors investing in Kenya Retail startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Kenya Retail startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
1776 Ventures
VC Fund
4 United States, Kenya, Brazil Seed, Series A, Convertible Note Education, EdTech, Software $500k–$23M
Alphamundi
VC Fund
2 Kenya, Colombia, Ghana Debt Financing, Series A, Series B Agriculture, Renewable Energy, Financial Services $1.7M–$16M
Samata Capital
VC Fund
2 Kenya, Nigeria Seed, Series A Beauty, Retail, Consumer $1M–$1.4M
igniteXL Ventures
VC Fund
2 United States, South Korea, Kenya Seed, Pre-Seed Beauty, Fashion, Software $226k–$8.1M
Musha Ventures
VC Fund
2 United States, Nigeria, Kenya Seed, Pre-Seed, Series A Software, Financial Services, FinTech $125k–$10M
U.S. International Development Finance Corp
VC Fund
2 India, United States, Kenya Debt Financing, Post-IPO Debt Financial Services, Finance, Banking $5M–$500M
Creadev
VC Fund
2 France, United States, Kenya Series B, Series C Health Care, Agriculture, Food and Beverage $5.5M–$55M
Antler
VC Fund
2 Singapore, Australia, United Kingdom Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $104k–$29M
Finnfund
VC Fund
1 Kenya, India, South Africa Debt Financing, Series B Financial Services, Energy, FinTech $2.7M–$135M
Lateral Frontiers
VC Fund
1 United States, Nigeria, Kenya Seed, Series A, Pre-Seed FinTech, Financial Services, Software $500k–$15M
Camilla Hagen Sørli
Angel
1 Kenya Seed Beauty, Retail, Consumer
Kiprono Elvis Terigin
Angel
1 Kenya Seed Beauty, Retail, Consumer
Launch Africa
VC Fund
1 Nigeria, South Africa, United States Seed, Pre-Seed Financial Services, FinTech, Information Technology $200k–$4M
Novastar Ventures
VC Fund
1 Kenya, Nigeria, United Kingdom Series A, Series B Agriculture, Health Care, Internet $1.7M–$42M
Patricia Ithau
Angel
1 Kenya Seed, Pre-Seed Beauty, Retail, Fashion
Wamda Capital
VC Fund
1 United Arab Emirates, Turkey, Jordan Seed, Series A, Series B E-Commerce, Software, Financial Services $600k–$65M
Future Africa
VC Fund
1 Nigeria, United States, Kenya Seed, Pre-Seed, Series A Financial Services, FinTech, Information Technology $100k–$20M
Altree Capital
VC Fund
1 Kenya Seed Beauty, Retail, Consumer
FirstCheck Africa
VC Fund
1 Kenya, Nigeria, United States Pre-Seed, Seed Consumer, Payments, Financial Services $100k–$4.5M
Andrea Iannelli
Angel
1 Kenya Seed Beauty, Retail, Consumer
Blue Haven Initiative
VC Fund
1 Kenya, United States, Ghana Series A, Series B, Seed Solar, Energy, Health Care $2M–$22M
Victoria Commercial Bank
VC Fund
1 Kenya Debt Financing Retail, Furniture, Manufacturing
Trond Riiber Knudsen
Angel
1 Norway, United States, Kenya Seed, Pre-Seed, Angel Software, Information Technology, SaaS $300k–$3.5M
Chandaria Capital
VC Fund
1 Kenya, United States, Nigeria Seed, Series A, Pre-Seed E-Commerce, Retail, FinTech $250k–$37M
OPIC - Overseas Private Investment Corporation
VC Fund
1 India, United States, Germany Debt Financing, Post-IPO Debt, Series A Financial Services, Solar, Banking
Kwehnui Tawah
Angel
1 Kenya Seed Beauty, Retail, Consumer
DOB Equity
VC Fund
1 Kenya, Tanzania, Rwanda Private Equity, Seed Food and Beverage, Farming, Agriculture $1M–$4M
EQ2 Ventures
VC Fund
1 United Arab Emirates, Egypt, Kenya Series A, Seed, Series B E-Commerce, Retail, Advertising $1.1M–$15M
Peter anker
Angel
1 Kenya Seed Beauty, Retail, Consumer
Pierre Martensson
Angel
1 Kenya Seed Beauty, Retail, Consumer
Raba Partnership
VC Fund
1 United States, South Africa, Egypt Seed, Pre-Seed, Series A Financial Services, FinTech, Finance $635k–$32M
Chui Ventures
VC Fund
1 Kenya, Nigeria, Senegal Seed, Pre-Seed Beauty, Retail, Fashion $1M–$5M
Omidyar Network
VC Fund
1 United States, India, Kenya Series A, Seed, Series B Financial Services, FinTech, Education $700k–$34M
Beyond Capital Ventures
VC Fund
1 India, Kenya, Ghana Series A, Series B E-Commerce, Health Care, Retail
Blink
VC Fund
1 Kenya Series B, Series A ISP, Retail, Internet $3.5M–$16M
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

1776 Ventures
VC Fund · Washington, District of Columbia, United States · 4 investments in Kenya Retail startups

1776 Ventures is a global seed fund investing in companies in the following sectors: education, energy, smart cities, transportation, food/agriculture, fintech, and healthcare.

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Investment focus

  • Industry: Education, EdTech, Software
  • Stage:Seed, Series A, Convertible Note
  • Geography: United States, Kenya, Brazil

Investor stats

  • Total investments: 97
  • Round size: Seed $750k–$4M; Series A $2.2M–$23M; Convertible Note $500k–$2M
  • Lead/follow: 9% lead, 91% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Swiftly — Harness your public transit data with Swiftly's urban mobility solutions to make your city's mass transportation move more efficiently.
  • HopSkipDrive — Arranging safe, dependable transportation or children ages 6+ with qualified caregivers
  • Clarametyx Biosciences — Clarametyx Biosciences is a late preclinical stage biotechnology company developing targeted, immune-enabling biologic therapies to counter persistent infections associated with biofilms.
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Alphamundi
VC Fund · Zürich, Zurich, Switzerland · 2 investments in Kenya Retail startups

AlphaMundi Group Ltd is a commercial entity based in Switzerland and exclusively dedicated to Impact Investing: profitable investments that generate substantial net benefits to society. It was founded in 2007 by a group of partners with extensive experience in the financial industry as well as responsible investments, microfinance andphilanthropy.AlphaMundi provides debt and equity financing to scalable social ventures in strategic sustainable human development sectors such as microfinance, affordable education, fair trade agriculture and renewable energy. AlphaMundi is currently investing out of its impact debt fund, SocialAlpha Investment Fund (SAIF) - Bastion, domiciled in Luxembourg. AlphaMundi also manages co-investments for SAIF-Bastion investors and third parties.​AlphaMundi partners believe that Impact Investing is a new tool for development that can enhance more classical responsible investment approaches (which often lack impact ​measurability) and complement charitable solutions (which often lack financial viability). To this extent, the firm also contributes to the emergence of Impact Investing through education events, publications and industry associations. Impact investments are now being integrated by leading US and European banks, pension funds, foundations and family offices into traditional investment portfolios, as primarily decorrelated, illiquid and profitable financial assets.

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Investment focus

  • Industry: Agriculture, Renewable Energy, Financial Services
  • Stage:Debt Financing, Series A, Series B
  • Geography: Kenya, Colombia, Ghana

Investor stats

  • Total investments: 20
  • Round size: Series A $10M–$12M; Series B $3.5M–$16M; Debt Financing $1.7M–$11M
  • Lead/follow: 20% lead, 80% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Finaktiva — Finaktiva is the number one financial ally of Colombian entrepreneurs. We offer flexible and agile online financial solutions (loans in various forms, factoring and confirming) adjusted to the requirements of the companies. We also offer a range of non-financial tools through our platform to help SMEs´ grow. Our customers are typically businesseswith innovative business models, double-digit growth rates that have a positive impact in their communities.
  • AgriCapital — AgriCapital is a financial service firm that provides store credit, productive credit, credit installments, and accompaniment services.
  • Ampersand — Ampersand catalyzes and power mass-market electric mobility. By supplying the battery swap network and operating system the company makes sustainable mobility rapidly accessible and affordable for developing markets, to improve livelihoods and the environment. With over a million km already covered by e-motorcycles in Africa using our plug-and-playpowertrain and energy network.
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Samata Capital
VC Fund · 2 investments in Kenya Retail startups

CREATING a More Inclusive Future Samata Capital accelerates equal access to capital and opportunity for talented entrepreneurs in emerging markets. We inten ...

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Investment focus

  • Industry: Beauty, Retail, Consumer
  • Stage:Seed, Series A
  • Geography: Kenya, Nigeria

Investor stats

  • Total investments: 3
  • Round size: Seed $1M–$1.4M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • ReelFruit — On a mission to inspire delightfulness by offering the tastiest snacks in town.
  • Uncover — Dermatologist-tested K-Beauty formulas powered by African botanicals for melanin-rich skin. Shop SPF 50 sunscreen, serums & kits with free Kenya shipping.
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igniteXL Ventures
VC Fund · Palo Alto, California, United States · 2 investments in Kenya Retail startups

WELLNESS TO THE WORLD igniteXL Ventures is a global seed fund investing in game-changing founders at the intersection of technology, beauty

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Investment focus

  • Industry: Beauty, Fashion, Software
  • Stage:Seed, Pre-Seed
  • Geography: United States, South Korea, Kenya

Investor stats

  • Total investments: 18
  • Round size: Seed $1M–$8.1M; Pre-Seed $226k–$1.8M
  • Lead/follow: 22% lead, 78% follow
  • Last fund: Likely still investing — raised $10M in 2021

Portfolio highlights

  • buywith — buywith is a video commerce platform enabling retailers and brands to transform their e-commerce into engaging shoppable videos and dynamic video-led experiences, including an AI-powered digital studio for creating video ads for retail media at scale.
  • Maeva — Maeva is a science-backed metabolic wellness brand built for people on GLP-1 medications — and anyone committed to a smarter weight-loss journey. Founded by Steven and Dean Neiger after Steven's own firsthand experience with GLP-1 therapy, Maeva was created to solve a real gap: when you're eating less, your body still needs completenutrition. Muscle loss, energy dips, hair thinning, and digestive discomfort shouldn't be the price of progress. Our Daily Nutrition Shakes — formulated separately for women and men — deliver 20–25g of plant protein, clinically dosed functional ingredients, and zero sugar, dairy, soy, or maltodextrin. Every product in our lineup is made in an NSF-certified, cGMP, FDA-registered U.S. facility and third-party tested for heavy metals and microbial safety. We don't believe in fairy-dust dosing or empty promises. Every ingredient is included at a level that actually works — so you can stay strong, energized, and feeling like yourself while you slim down.
  • Uncover — Dermatologist-tested K-Beauty formulas powered by African botanicals for melanin-rich skin. Shop SPF 50 sunscreen, serums & kits with free Kenya shipping.
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Musha Ventures
VC Fund · New York, New York, United States · 2 investments in Kenya Retail startups

Seed capital for technology startups globally.

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Investment focus

  • Industry: Software, Financial Services, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Nigeria, Kenya

Investor stats

  • Total investments: 140
  • Round size: Seed $125k–$4.9M; Pre-Seed $300k–$3.2M; Series A $2.5M–$10M
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • nGrow.ai — Boost revenue and engagement
  • HoneyCoin — HoneyCoin is a web3/web2 ecosystem of products built in a way that abstracts complexity and brings all the value of web3 and web2 to the forefront.
  • Orca Fraud — Orca empowers fraud fighters with effective tools to combat fraud
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U.S. International Development Finance Corp
VC Fund · Washington, District of Columbia, United States · 2 investments in Kenya Retail startups

U.S. International Development Finance Corp is America’s development bank.

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Investment focus

  • Industry: Financial Services, Finance, Banking
  • Stage:Debt Financing, Post-IPO Debt
  • Geography: India, United States, Kenya

Investor stats

  • Total investments: 95
  • Round size: Post-IPO Debt $33M–$500M; Debt Financing $5M–$468M
  • Lead/follow: 74% lead, 26% follow
  • Last fund: Likely still investing — raised $300M in 2024

Portfolio highlights

  • Kodak — A global technology company providing industry-leading products and services for commercial print, packaging, publishing, manufacturing and entertainment.
  • Bayport Management — Bayport Management Limited, through its subsidiaries, provides retail financial services in the Republic of Mauritius and internationally.
  • Freshtohome — Freshtohome is an online grocery store that sells a range of seafood and meat to its users.The website’s range of products include fish, poultry, mutton, steaks, and fillet. Fish consists of shell, freshwater, and marine. Furthermore, it enables suppliers to supply their seafood and meat to the website.Freshtohome was launched in 2015 by ShanKadavil and is based in Bangalore.
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Creadev
VC Fund · Paris, Ile-de-France, France · 2 investments in Kenya Retail startups

Creadev is an evergreen investment company believe that shareholders' timing should match with the entrepreneur's vision, up to an unlimited amount of time. Creadev invest in and support companies able to scale-up and become worldwide best players in their sector.

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Investment focus

  • Industry: Health Care, Agriculture, Food and Beverage
  • Stage:Series B, Series C
  • Geography: France, United States, Kenya

Investor stats

  • Total investments: 45
  • Round size: Series B $5.5M–$34M; Series C $10M–$55M
  • Lead/follow: 62% lead, 38% follow

Portfolio highlights

  • Mydawa — MYDAWA is here to ensure that every Kenyan can get quality, secure and affordable medicine and wellness products online
  • Nxtfood — Nxtfood is a specialist in vegetable alternatives to meat.
  • DAMAE Medical — Damae Medical is a Paris, France-based medtech company. It has developed a medical device capable of seeing biological tissues in depth, at a cellular level and in vivo. This innovative optical imaging technology will especially allow dermatologists to evaluate in a precise, efficient and rapid way malignancy of tumors by a simple contact with thesurface of the skin. DAMAE Medical’s mission is to put the great power of bio-photonics at the service of opening new opportunities in medical imaging and diagnosis.
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Antler
VC Fund · Singapore, Central Region, Singapore · 2 investments in Kenya Retail startups

Build your next company with Antler, a global day zero investor enabling exceptional founders to start great companies, from the very beginning. Apply now!

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Singapore, Australia, United Kingdom

Investor stats

  • Total investments: 1193
  • Round size: Seed $196k–$5.8M; Pre-Seed $104k–$1.1M; Series A $4.6M–$29M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely actively investing — fresh fund, raised $72M in 2024

Portfolio highlights

  • Carble — We provide carbon insetting technology to tropical commodity buyers and cash incentives to farmers that protect the forest. Our satellite-powered platform monitors carbon emissions, allowing for deforestation-free farming to be rewarded at scale.
  • Sapyen — We take the fear out of infertility for men. Test for it at home, without stepping out to the hospital and get personalised health recommendations to improve sperm health and increase your chances of conceiving.
  • One Key Access — One Key Access is an interface to the world of couriers to enable 24/7 frictionless deliveries.
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Finnfund
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Kenya Retail 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: 66
  • Round size: Series B $5M–$41M; Debt Financing $2.7M–$135M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Igloo — As a top insurtech company, Igloo makes insurance easy across Southeast Asia by working with reputable insurers and distribution partners.
  • Mobisol — We transform lives through solar energy access. Our solar home systems and mini-grids benefit millions of people in Sub-Saharan Africa.
  • Cassava Technologies — Cassava Technologies is an innovative technology company encompassing fiber networks, data centers, renewable energy, cloud & cybersecurity.
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Lateral Frontiers
VC Fund · New York, New York, United States · 1 investments in Kenya Retail startups

Lateral Capital is a mission driven venture fund investing in early and growth stage opportunities in Africa. We back companies that provide foundational technologies for the continent. We make debt and equity investments technology-enabled businesses that profitably solve significant pain points across financial services, healthcare, education,energy, agriculture, housing, logistics, mobility and more.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Nigeria, Kenya

Investor stats

  • Total investments: 37
  • Round size: Seed $1M–$3.1M; Pre-Seed $500k–$3.5M; Series A $558k–$15M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: May invest from a new fund soon — raised $50M in 2020

Portfolio highlights

  • CNote — CNote makes initial Cash Deposits easy for corporations, foundations, and individuals. Align your financial goals with your values and drive change in communities.
  • Rhaeos — Rhaeos, the world's first wearable shunt monitor, aims to improve the quality care for patients with hydrocephalus through a novel, thermal biosensor. Developed within Northwestern University with collaboration between Dr. John Rogers, McCormick School of Engineering, Feinberg School of Medicine and Kellogg School of Management, Rhaeosrepresents a unique multidisciplinary translational effort for an important clinical need.
  • Wattnow — Wattnow is a real-time monitoring solution that provides a breakdown of energy spending to identify wasteful trends.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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Camilla Hagen Sørli
Angel · 1 investments in Kenya Retail startups

Camilla Hagen Sørli

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Investment focus

  • Industry: Beauty, Retail, Consumer
  • Stage:Seed
  • Geography: Kenya

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Uncover — Dermatologist-tested K-Beauty formulas powered by African botanicals for melanin-rich skin. Shop SPF 50 sunscreen, serums & kits with free Kenya shipping.
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Kiprono Elvis Terigin
Angel · 1 investments in Kenya Retail startups

Kiprono Elvis Terigin

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Investment focus

  • Industry: Beauty, Retail, Consumer
  • Stage:Seed
  • Geography: Kenya

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Uncover — Dermatologist-tested K-Beauty formulas powered by African botanicals for melanin-rich skin. Shop SPF 50 sunscreen, serums & kits with free Kenya shipping.
Show all investments...

Launch Africa
VC Fund · Ebène, Plaines Wilhems, Mauritius · 1 investments in Kenya Retail startups

Launch Africa is a leading Pan-African VC fund solving the significant funding gap in the Seed and pre-Series A investment landscape in Africa

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, South Africa, United States

Investor stats

  • Total investments: 162
  • Round size: Seed $200k–$4M; Pre-Seed $200k–$1.7M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: Likely still investing — raised $36M in 2022

Portfolio highlights

  • Fixit45 — Fixit45 also provides fleet management, auto parts sourcing and delivery, auto care, refurbishment and upgrades, repair financing, and mechanic workshop software as well as pre-purchase inspections, underlying these with moderation for compliance and accountability.
  • Gigmile — Gigmile provides financial services. They provide gig workers with core services and an affordable lease on productive assets that is tailored to their earnings to enable them to succeed in the mobility industry as entrepreneurs.
  • HomecomingEx — Homecoming Revolution is a pan-African recruitment firm for global African professionals. We specialise in headhunting & placing global African talent.
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Novastar Ventures
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in Kenya Retail startups

For the many, not just the few. For good.

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Investment focus

  • Industry: Agriculture, Health Care, Internet
  • Stage:Series A, Series B
  • Geography: Kenya, Nigeria, United Kingdom

Investor stats

  • Total investments: 64
  • Round size: Series A $1.7M–$15M; Series B $3.5M–$42M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: May invest from a new fund soon — raised $108M in 2020

Portfolio highlights

  • Soko — SOKO produces innovative, ethical jewelry and accessories from sustainable materials in Nairobi, Kenya
  • Ignitia — Ignitia provides hyper-local weather updates, via SMS, based on GPS location. Since our commercial launch in 2015, we have established partnerships to work with small-scale farmers. We send daily, monthly and seasonal rain forecasts to help farmers avoid adverse impacts of an ever-changing climate.Unlike other regions, rain in the tropics isproduced by small-scale systems where convection is a driving force. These convection forces can appear much more quickly and without seemingly any notice to the untrained eye. Ignitia's technology is specifically designed to predict this kind of weather.
  • Moniepoint — Moniepoint provides an all-in-one payments, banking and operations platform for businesses and their customers.
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Patricia Ithau
Angel · 1 investments in Kenya Retail startups

Patricia Ithau

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Investment focus

  • Industry: Beauty, Retail, Fashion
  • Stage:Seed, Pre-Seed
  • Geography: Kenya

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Shop Zetu — Shop the latest trendy fashion, beauty and accessory brands in Kenya online! Discover affordable clothing, footwear, accessories, beauty products and more. Order today from Shop Zetu.
  • Uncover — Dermatologist-tested K-Beauty formulas powered by African botanicals for melanin-rich skin. Shop SPF 50 sunscreen, serums & kits with free Kenya shipping.
Show all investments...

Wamda Capital
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in Kenya Retail startups

We are a leading venture capital firm in Dubai, UAE, focused on supporting entrepreneurs in the MENA region at the seed- and early-stage building great companies.

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Investment focus

  • Industry: E-Commerce, Software, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: United Arab Emirates, Turkey, Jordan

Investor stats

  • Total investments: 119
  • Round size: Seed $600k–$6.5M; Series A $2M–$12M; Series B $3.5M–$65M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: May invest from a new fund soon — raised $70M in 2018

Portfolio highlights

  • TAP — Talent Acceleration Platform (TAP) is a Dutch / Palestinian company bridging the gap between universal talent and unequal career opportunities.
  • Hala — Hala offers a payment and wallet solution for individuals and point-of-sale (PoS) services that enable merchants to accept credit card payments.
  • Tamatem — We are the leading mobile games publisher in the Arabic speaking world! We bring international mobile games from all around the world to publish in the MENA market!
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Future Africa
VC Fund · San Francisco, California, United States · 1 investments in Kenya Retail startups

Future Africa is a collective of mission-driven founders and funders building unicorns to solve Africa’s biggest challenges. They are build a future where purpose and prosperity are within everyone’s reach.

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 88
  • Round size: Seed $500k–$4M; Pre-Seed $100k–$3.7M; Series A $7M–$20M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Edves — Edves automates the brick and mortal School operations from Student enrollment, Fee Collection, Lesson Note up to Transcript Generation.
  • Releaf Earth — We are industrializing food processing in Africa. We've led 1000+ smallholder farmers to provide food factories with >7.5 million kilograms of quality crops.
  • Nexford University — Transform your career with affordable, flexible degrees and job skills designed for today's workforce. Skip debt and learn at your own pace with Nexford.
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Altree Capital
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in Kenya Retail startups

Altree Capital is a provider of African asset management and investment advisory services to institutional investors across the globe.

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Investment focus

  • Industry: Beauty, Retail, Consumer
  • Stage:Seed
  • Geography: Kenya

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Uncover — Learn your skin, Love your skin. K-Beauty Crafted for Melanin
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FirstCheck Africa
VC Fund · Lagos, Lagos, Nigeria · 1 investments in Kenya Retail startups

FirstCheck Africa is an early believer for a generation of African women in tech. We invest early, with high conviction, in high-growth female-led startups with category-leadership potential.

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Investment focus

  • Industry: Consumer, Payments, Financial Services
  • Stage:Pre-Seed, Seed
  • Geography: Kenya, Nigeria, United States

Investor stats

  • Total investments: 9
  • Round size: Seed $1M–$4.5M; Pre-Seed $100k–$3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Jumba — Jumba is the trusted digital partner for hardware stores. Through tech, we support hardware stores to grow. Get cement at unbeatable prices. Access cement LPOs even at midnight. Get inventory on credit through Jengwa.
  • Uncover — Dermatologist-tested K-Beauty formulas powered by African botanicals for melanin-rich skin. Shop SPF 50 sunscreen, serums & kits with free Kenya shipping.
  • Cleva — For anyone with global financial needs, A US-based dollar account in your name to receive, hold, and save USD.
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Andrea Iannelli
Angel · London, England, United Kingdom · 1 investments in Kenya Retail startups

Andrea Iannelli

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Investment focus

  • Industry: Beauty, Retail, Consumer
  • Stage:Seed
  • Geography: Kenya

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Uncover — Dermatologist-tested K-Beauty formulas powered by African botanicals for melanin-rich skin. Shop SPF 50 sunscreen, serums & kits with free Kenya shipping.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Blue Haven Initiative
VC Fund · Cambridge, Massachusetts, United States · 1 investments in Kenya Retail startups

Blue Haven Initiative is an innovative family office dedicated to putting wealth to work for market returns and positive social and environmental change.

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Investment focus

  • Industry: Solar, Energy, Health Care
  • Stage:Series A, Series B, Seed
  • Geography: Kenya, United States, Ghana

Investor stats

  • Total investments: 23
  • Round size: Series A $2M–$11M; Series B $12M–$22M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • M-KOPA — M-KOPA is the global leader for “pay-as-you-go” energy services for off-grid customers. M-KOPA was established in 2011. Following 2 years of piloting and development, M-KOPA began commercial sales in Kenya in October 2012. M-KOPA expanded to Uganda in 2013 and commences operations in Tanzania in late 2014. Their team includes over 500 staff andwe sell our product through more than 1000 retail agents and shops. The founders of the company are experienced mobile technology innovators who believe in the huge potential of transformative, affordable products designed for underserved consumers. While excellent technology is a pre-requisite, technology alone does not solve for customer needs. Success comes when smart technology is combined with a commitment to on-going, on-the-ground delivery. To that end, M-KOPA is beginning to license its technology to experienced and reputable third parties in markets outside of East Africa (licensing queries should be sent to licensing@m-kopa.com). M-KOPA has developed a proprietary, patented technology platform that combines embedded GSM + mobile payments to revolutionize asset financing in emerging markets. The M-KOPAnet platform has been designed and built from the ground up by our talented team of software engineers, who continue to innovate and improve the system every day. It offers the powerful combination of accounting + customer relationship management + inventory tracking in one complete system. Aside from enabling our business operations to scale at record speed, the M-KOPAnet™ platform captures and processes huge volumes of data, enabling us to improve our proposition, customer service, and security in real-time.
  • TIBU Health — TIBU Health is a disruptive HealthTech logistics company that provides high-quality healthcare services.
  • BlueMark — BlueMark is the leading provider of impact intelligence and independent verification for the sustainable and impact investing market.
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Victoria Commercial Bank
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in Kenya Retail startups

Experience the Ultimate

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Investment focus

  • Industry: Retail, Furniture, Manufacturing
  • Stage:Debt Financing
  • Geography: Kenya

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • MoKo Home + Living — MoKo Home is your plug for Modern Sofas, Quality Mattresses, Beds & affordable home furniture in Kenya. Order furniture online and we deliver
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Trond Riiber Knudsen
Angel · Oslo, Oslo, Norway · 1 investments in Kenya Retail startups

Trond Riiber Knudsen is a Founder of TRK GROUP.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Norway, United States, Kenya

Investor stats

  • Total investments: 19
  • Round size: Seed $320k–$3.5M; Angel $300k–$933k; Pre-Seed $672k–$1.8M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • Ciloo — The global brand management platform for local, on-demand production of branded products. Reduce costs, waste + shipping distances. Full brand control.
  • laiout — We are a team of entrepreneurs tasked with reducing the time and frustration involved when designing early stage floor plans for large developments and existing properties.With support from world's biggest early-stage VC and several of our international future clients our team is helping to optimize this tedious architectural design phasesaving up to 20 weeks of time while providing more and better solutions.
  • Campanyon — Campanyon is a provider of an outdoor accommodation booking platform intended for people to find and book their next outdoor adventure by connecting campers with hosts.
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Chandaria Capital
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in Kenya Retail startups

KOITOTO merupakan akses login situs toto togel 4D resmi dan link slot gacor terpercaya menyediakan akses super cepat serta permainan terlengkap dengan tingkat kemenangan tinggi setiap hari.

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Investment focus

  • Industry: E-Commerce, Retail, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Kenya, United States, Nigeria

Investor stats

  • Total investments: 29
  • Round size: Seed $250k–$6M; Pre-Seed $1M–$3M; Series A $2M–$37M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Leta — Leta Technology is a software development company that creates supply chain and logistics software to enable the efficient and automated movement of goods.
  • Savannah Brands — Savannah Brands is a food & beverage company.
  • UTU Technologies — Trust infrastructure for the sharing economy.
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OPIC - Overseas Private Investment Corporation
VC Fund · Washington, District of Columbia, United States · 1 investments in Kenya Retail startups

The Overseas Private Investment Corporation (OPIC) is a self-sustaining U.S. Government agency that helps American businesses invest in emerging markets. Established in 1971, OPIC provides businesses with the tools to manage the risks associated with foreign direct investment, fosters economic development in emerging market countries, and advancesU.S. foreign policy and national security priorities. OPIC helps American businesses gain footholds in new markets, catalyzes new revenues and contributes to jobs and growth opportunities both at home and abroad. OPIC fulfills its mission by providing businesses with financing, political risk insurance, advocacy and by partnering with private equity investment fund managers.OPIC services are available to new and expanding businesses planning to invest in more than 160 countries worldwide. Because OPIC charges market-based fees for its products, it operates on a self-sustaining basis at no net cost to taxpayers. All OPIC projects must adhere to best international practices and cannot cause job loss in the United States.

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Investment focus

  • Industry: Financial Services, Solar, Banking
  • Stage:Debt Financing, Post-IPO Debt, Series A
  • Geography: India, United States, Germany

Investor stats

  • Total investments: 10
  • Lead/follow: no public data

Portfolio highlights

  • Orb Energy — Orb Energy is a vertically integrated solar company that manufactures solar panels, design, install, and services complete system, and finance C&I customers.
  • Twiga Foods — Twiga is a mobile-based supply platform for Africa’s retail outlets, kiosks, and market stalls. The company is using a mobile-based, cashless, business-to-business (B2B) supply platform to access distribution into the millions of small and medium-sized vendors in African urban markets. Founded in 2013, Twiga is based in Nairobi, Kenya.
  • responsAbility Investments AG — Impact investment products - fight climate change, drive sustainable food systems & create a more inclusive world without compromising returns.
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Kwehnui Tawah
Angel · 1 investments in Kenya Retail startups

Kwehnui Tawah is the Head of Platform Services + Special Projects at Sokowatch. He attended the University of Chicago.

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Investment focus

  • Industry: Beauty, Retail, Consumer
  • Stage:Seed
  • Geography: Kenya

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Uncover — Dermatologist-tested K-Beauty formulas powered by African botanicals for melanin-rich skin. Shop SPF 50 sunscreen, serums & kits with free Kenya shipping.
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DOB Equity
VC Fund · Veessen, Gelderland, The Netherlands · 1 investments in Kenya Retail startups

DOB Equity is a private equity firm specializing in growth capital and buy-and-build strategies in small and medium companies.

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Investment focus

  • Industry: Food and Beverage, Farming, Agriculture
  • Stage:Private Equity, Seed
  • Geography: Kenya, Tanzania, Rwanda

Investor stats

  • Total investments: 50
  • Round size: Seed $1M–$4M
  • Lead/follow: 58% lead, 42% follow

Portfolio highlights

  • MazaoHub — MazaoHub is a AI-powered end-to-end farm management company.
  • FarmWorks — FarmWorks is an agricultural technology company that gives farmers access to farm inputs as well as a market for the produce .FarmWork is to unlock agricultural potential by building clusters of mid-sized farms while working with thousands of small-holder farmers and establishing direct linkage to local and global markets.
  • Spouts of Water — SPOUTS mission is to manufacture and distribute ceramic water filters to provide everyone in Uganda with safe water.
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EQ2 Ventures
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in Kenya Retail startups

Evergreen venture capital investing in Seed to Series A startups across MENA and Africa. 27 active investments, $71.8M portfolio NAV, 17% IRR.

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Investment focus

  • Industry: E-Commerce, Retail, Advertising
  • Stage:Series A, Seed, Series B
  • Geography: United Arab Emirates, Egypt, Kenya

Investor stats

  • Total investments: 30
  • Round size: Seed $1.1M–$5M; Series A $1.5M–$15M; Series B $2.5M–$10M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Coraly — Coraly is a real estate growth platform that unifies listings, leads, transactions, marketing, and compliance in one AI-powered system for agents and teams.
  • Tern Group — Tern Group is an AI Platform to hire and relocate top healthcare talents globally, faster and cheaper. TERN is a full-stack solution to source and relocate top-tier medical and engineering talent from India, North Africa, South Africa, and Central Asia and the approach ensures a seamless, ethical, and transparent migration process, drasticallycutting complexity and shaving costs for healthcare systems.
  • Uncover — Dermatologist-tested K-Beauty formulas powered by African botanicals for melanin-rich skin. Shop SPF 50 sunscreen, serums & kits with free Kenya shipping.
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Peter anker
Angel · 1 investments in Kenya Retail startups

Peter anker

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Investment focus

  • Industry: Beauty, Retail, Consumer
  • Stage:Seed
  • Geography: Kenya

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Uncover — Dermatologist-tested K-Beauty formulas powered by African botanicals for melanin-rich skin. Shop SPF 50 sunscreen, serums & kits with free Kenya shipping.
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Pierre Martensson
Angel · 1 investments in Kenya Retail startups

Pierre Martensson

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Investment focus

  • Industry: Beauty, Retail, Consumer
  • Stage:Seed
  • Geography: Kenya

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Uncover — Dermatologist-tested K-Beauty formulas powered by African botanicals for melanin-rich skin. Shop SPF 50 sunscreen, serums & kits with free Kenya shipping.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Raba Partnership
VC Fund · Cape Town, NA - South Africa, South Africa · 1 investments in Kenya Retail startups

The Raba Partnership, Raba Capital, Raba

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, South Africa, Egypt

Investor stats

  • Total investments: 56
  • Round size: Seed $2M–$6M; Pre-Seed $635k–$6.5M; Series A $9.2M–$32M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: Likely still investing — raised $60M in 2021

Portfolio highlights

  • Cloudline — Cloudline leverages lighter-than-air technology and the latest developments in unmanned aerial vehicles to deliver essential goods and services to the 1 billion people without direct access to roads and runways.
  • Cloudline — The all-in-one cloud platform helping leisure businesses sell more, reduce costs & personalize experiences.
  • Fuse Financial Technologies — Financial APIs for building products in the Middle East.
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Chui Ventures
VC Fund · Delaware, Ohio, United States · 1 investments in Kenya Retail startups

Investing in Africa | Chui Ventures is an investment company that seeks to back exceptional African companies at the early stage of their growth.

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Investment focus

  • Industry: Beauty, Retail, Fashion
  • Stage:Seed, Pre-Seed
  • Geography: Kenya, Nigeria, Senegal

Investor stats

  • Total investments: 6
  • Round size: Seed $1.4M–$5M; Pre-Seed $1M–$3M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • PaidHR — PaidHR works with organizations to streamline how they manage their staff. Our precisely created solutions enable them to create the ideal place to work.
  • Socium — Socium Job these are companies that recruit and offer real career opportunities to all those who share their values ​​and wish to invest in their development.
  • Uncover — Dermatologist-tested K-Beauty formulas powered by African botanicals for melanin-rich skin. Shop SPF 50 sunscreen, serums & kits with free Kenya shipping.
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Omidyar Network
VC Fund · Redwood City, California, United States · 1 investments in Kenya Retail startups

Omidyar Network is a philanthropy whose mission is to bend the arc of the digital revolution toward shared power, prosperity, and possibility.

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Investment focus

  • Industry: Financial Services, FinTech, Education
  • Stage:Series A, Seed, Series B
  • Geography: United States, India, Kenya

Investor stats

  • Total investments: 238
  • Round size: Seed $700k–$3.7M; Series A $2.5M–$15M; Series B $4.8M–$34M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • RailYatri — Indian Railways Train Enquiry, Insights & IRCTC eTicket booking - RailYatri
  • Handshake — The largest expert network for learning, earning, and growing careers in the AI economy, giving everyone an accessible first step into an AI-powered career.
  • Tez Financial Services — Tez Financial Services operates as a fully digital non-bank microfinance company. It provides financial access to the unbanked and under-banked population via a smartphone application, driven by algorithms and artificial intelligence. The company was founded in 2017 and is headquartered in Karachi, Sindh.
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Beyond Capital Ventures
VC Fund · 1 investments in Kenya Retail startups

Beyond Capital Ventures is a venture capital firm, offering a diversified portfolio of companies in "need-to-have" sectors, led by conscious leaders.

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Investment focus

  • Industry: E-Commerce, Health Care, Retail
  • Stage:Series A, Series B
  • Geography: India, Kenya, Ghana

Investor stats

  • Total investments: 15
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • Fasal — Fasal offers smart irrigation automation and fertigation automation system, soil moisture & temperature sensors, weather stations for precision irrigation
  • Ampersand — Ampersand catalyzes and power mass-market electric mobility. By supplying the battery swap network and operating system the company makes sustainable mobility rapidly accessible and affordable for developing markets, to improve livelihoods and the environment. With over a million km already covered by e-motorcycles in Africa using our plug-and-playpowertrain and energy network.
  • Alt Mobility — ALT Mobility is a full-stack EV leasing platform offering mobility as a service (MaaS) for commercial vehicle users.
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Retail Investor funding in Kenya at a glance

Stats across 52 deals from 68 investors.

68
investors
in Kenya Retail startups
52
deals
in Kenya Retail startups
$1.7M
median round
in Kenya Retail startups
46%
lead investors
lead at least one round
19%
Seed
most common funding stage
85/15
VC / Angel
share of investor count

Access all 68 investors in Kenya Retail startups.

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