Launch Africa Ventures

Launch Africa is a venture capital firm founded in 2020 and based in Ebene, Mauritius. The firm focuses on addressing the capital constraints faced by seed stage tech startups across the African continent. By investing in companies at the seed and pre-series A stages, Launch Africa aims to support the growth and development of innovative businesses in the region, fostering a vibrant entrepreneurial ecosystem.

Mohamed Karar

Venture Partner F1 and F2

Michael Mutie

VC Associate

Janade Du Plessis

Co-Founder and Managing Partner

Hannah Subayi

Partner, Board Member and Member of the Investment Committee

Janade Plessis Ph.D

Co-Founder and Managing Partner

Past deals in COMESA

Gameball

Seed Round in 2023
Gameball is a developer of a marketing and customer relationship management platform focused on enhancing customer retention and engagement. The platform utilizes gamification to provide customizable loyalty and rewards programs, along with behavior-based notifications and referral management systems. By tailoring experiences to align with customer actions and interests, Gameball aims to help businesses retain and expand their customer base. Its tools are designed to evoke strong emotional responses, guiding customers through their journey and maintaining engagement at every stage.

Tirhal

Seed Round in 2022
Operator of an online ride-hailing platform intended to provide a pick-and-drop transportation facility. The company provides services such as traveling, restaurant delivery, insurance, e-payments, and delivery express, and allows customers to book economy, saloon, van, double cab, two truck, or prestige cars, enabling customers to have a safe and comfortable journey.

RightCom

Venture Round in 2022
RightCom is a cloud-based software company that specializes in customer experience management. It offers a comprehensive suite of services, including enterprise applications, customer service management, data collection, and digital signage. The company's software solutions also encompass queue management, appointment booking, and data analytics, all designed to enhance customer interactions. By focusing on delivering the right tools and strategies, RightCom aims to help clients improve their customer experiences, ultimately driving revenue growth.

Workpay

Seed Round in 2022
WorkPay Technologies, Inc. is a company that specializes in providing cloud-based payroll, benefits, and human resource management software aimed at small and medium-sized businesses in Africa. Founded in 2017 and headquartered in Nairobi, Kenya, WorkPay's solutions include features such as time and attendance tracking, HR and payroll processing, and employee self-service management. The software also facilitates payment and loans processing, enabling businesses to manage and pay employees efficiently. By offering bulk salary payments directly to employees' bank accounts or mobile wallets, WorkPay helps clients streamline their payroll processes and enhance talent retention.

Pharmacy Mart

Seed Round in 2022
Pharmacy Marts is an online platform that enables pharmacists to get their daily prescriptions and medications from a variety of suppliers. Pharmacy Marts was founded in 2021 and is located in Cairo, Egypt.

Zuri Health

Pre Seed Round in 2022
Zuri Health is a virtual hospital focused on delivering accessible healthcare solutions to patients across Sub-Saharan Africa. Through its mobile app, website, and an artificial intelligence-powered chatbot, Zuri Health allows users to consult with doctors, purchase medications, and book laboratory and diagnostic tests. The platform also offers telemedicine services and facilitates home visits from healthcare professionals. By providing these services via mobile technology, including SMS for those without smartphones, Zuri Health aims to reach individuals in rural and underserved areas, ensuring that affordable healthcare is accessible to a broader population.

Wattnow

Seed Round in 2022
Developer of an energy management platform designed to monitor and control electric supply. The company's platform provides real-time information on power consumption, integrates all devices into a single network through the Internet of Things (IoT), provides actionable insights, and does not require altering setups, enabling industry owners and facility managers to reduce costs and improve operational efficiency.

Credrails

Seed Round in 2022
Credrails is a financial technology company that provides infrastructure for open banking in Africa. Its technology connects banks, mobile money services, and other financial data sources into a single application programming interface (API). This integration facilitates interoperability and enables efficient money movement across various channels, supporting the growth of Africa's digital economy. By offering a unified platform, Credrails equips businesses with the tools they need to develop innovative fintech solutions.

Amitruck

Seed Round in 2022
Amitruck Limited is a Nairobi-based company that operates a mobile and web-based logistics platform designed to connect cargo owners with trucking professionals. Founded in 2018, Amitruck streamlines the delivery process by allowing customers to book shipments through its online platform. The company has developed a driver application that enables transporters to access client requests and communicate seamlessly. Users can track their deliveries in real time, receive instant quotes, and find the nearest available trucks, ensuring timely updates on their shipments. Amitruck’s innovative approach provides complete visibility throughout the delivery process, enhancing efficiency for both clients and drivers.

Zanifu

Seed Round in 2022
Zanifu is a financial technology credit provider that supports individuals and businesses across Africa. It offers a lending platform for small and medium-sized enterprises. Its mission is to bridge the credit access gap with responsible, innovative, and flexible products, delivered in an efficient and empathetic way. The company was founded in 2016 and is headquartered in Nairobi, Westlands.

Orcas

Seed Round in 2022
Orcas Solutions Limited is an online marketplace based in Cairo, Egypt, that connects parents and students with experienced private tutors and babysitters. Founded in 2014, the platform focuses on providing high-quality educational support and childcare services, ensuring that users can find reliable and skilled professionals to meet their needs. Through its services, Orcas aims to facilitate learning and enhance the childcare experience for families across the region.

Kuunda

Seed Round in 2021
Kuunda operates a B2B advisory platform that focuses on providing financial services tailored for developing economies. The company offers a range of tools, including liquidity management and data insight solutions, which help clients meet their financial requirements through a digital interface. By enabling users to access liquidity, Kuunda supports underserved agents, merchants, and consumers, facilitating their ability to maintain their standard of living, grow their businesses, and enhance economic resilience. Additionally, Kuunda's platform promotes increased network productivity and expands the distribution of products, yielding tangible and measurable results for its clients.

1Trolley

Venture Round in 2021
1Trolley digitises neighbourhoods, malls and key strategic partners enabling retailers to compete in a digitised world while meeting increased consumer demand for immediate delivery. We are an end to end solution from digital marketing and order picking to last mile delivery, enabling retailers to sell online.

Kwara

Seed Round in 2021
Kwara GmbH is a Berlin-based company that develops a digital banking platform specifically designed for savings and credit co-operative societies (SACCOs). Founded in 2018, Kwara provides a cloud-based platform that facilitates loan application servicing and approval for members, alongside integration services, customer support, and real-time financial tracking. The platform also includes compliance services and offers a product called Kwara Pronto for managing loans. By enabling cooperative financial institutions to connect with the formal financial system, Kwara aims to bolster the financial cooperative movement, which positively impacts millions of people. The company also has an office in Nairobi, Kenya, expanding its reach and support for these communities.

Fingo Africa

Seed Round in 2021
Fingo is a fintech startup providing digital banking services for youth. services include current accounts, money transfers, bill payments, etc., it features link-based payments, saving goals, and real-time transactions.

Munch Zimbabwe

Venture Round in 2021
Munch is a food delivery platform and app that allows for the delivery of food from a wide range of restaurants in the local area.

Kashat

Convertible Note in 2021
Kashat, is a mobile financial services company aimed at serving the financial needs of the unbanked and underbanked in Egypt. Through its mobile app, Kashat, instantly lends small loans to the financially excluded. The service uses alternative cellular data to underwrite thin file(people who have never had access to credit before) customers to cultivate a financial identity by building a credit history with Kashat. Once customers have signed up and been approved for a loan, they hcan withdraw their loans through mobile wallets and other digital payment services. The entire process is enabled digitally, through Kashat's user friendly mobile app. Kashat is regulated by the Financial Regulatory Authority in Egypt.

Fingo Africa

Seed Round in 2021
Fingo is a fintech startup providing digital banking services for youth. services include current accounts, money transfers, bill payments, etc., it features link-based payments, saving goals, and real-time transactions.

ElMetr

Venture Round in 2021
Elmetr aspires to become the biggest lead-generation hub for all lawyers in Egypt, and the Middle-East. Its positive impact on the legal community shall be foreseen in better transparency of legal case handling, positive client reviews, more specialization and sub specialization, clear lawyer profiles, better reach for law offices and higher quality service.

MarketForce

Seed Round in 2021
MarketForce connects Africa’s informal retail outlets and consumers directly to suppliers of consumer goods and financial services by digitizing orders, delivery, and payments with the aim of solving the last mile distribution challenge.

Boya

Pre Seed Round in 2021
Developer of an all-in-one spend platform designed for quick, simple and secure payments. The company's platform develops a mobile application that allows consumers to link credit or debit cards for making payments and offers services such as money transfers, online payments, QR-based payments and bill payments, enabling users to pay for their expenses and organize details of their spending all in one place for improved and smarter spending decisions.

Bypa-ss

Convertible Note in 2021
Bypa-ss is digitizing healthcare information exchange between healthcare providers who want to deliver best quality of care to their patients. Connecting care providers and creating a single digital identity for a patient with their all medical data on them all the time dramatically enhance quality of care cutting down time waste, redundant costs and medical errors while providing pool of data for further development of operations, marketing, investments and even medical procedures.

Alpha Direct

Seed Round in 2021
Alpha Direct is a Botswana-HQ, Africa-focused risk carrying Insurtech that is focused on using cloud, big data and AI to deliver compelling insurance products for Africa’s growing consumer market. The insurance sector in Africa is underpenetrated vs most of the World. Given affordability, accessibility and inflexibility, insurance is seen as being a product “that is only available to the rich”. The company has become the fifth largest short-term insurance underwriter in their home market in under 5 years, and is now focused on regional and continental expansion across Africa as well as entering the long-term insurance market. The company has a strong stable of intellectual property including software, trademarks and patents. The company recently won The African Insurance Award for Innovation of the Year, for their insurance in a box product sold through retail outlets (with a cloud-based activation and policy management platform) where they have acquired thousands of customers and are scaling up rapidly. Over the next 5 years Alpha Direct plans to expand its product offering to include long-term insurance products as well to expand its footprint to include South Africa, Kenya, Egypt and Nigeria. Alpha Direct plans to license its products and technology in 10 African countries outside those where it has a physical presence.

Kidato

Seed Round in 2021
Kidato is an online school for K-12 kids with a vision to provide a high-quality, affordable education to the growing middle class in Africa. Kidato has student:teacher ratios of 1:5 and intergrates extracurriculum activities for socilisation

GroceryPik

Pre Seed Round in 2021
GroceryPik is a grocery shopping delivery application that enables customers to conveniently purchase a wide range of products, including groceries, food items, dairy, bakery goods, beverages, personal care, and cleaning supplies. The app offers essentials such as salt, rice, flour, and sugar, along with specialty items like frozen waffles and baby care products. GroceryPik also provides access to international brands, allowing users to select and order their desired products from the comfort of their home or office.

Kaoun

Seed Round in 2021
Developer of a financial inclusion software platform designed to reform financial systems through innovative processes. The company's platform provides access to financial services through electronic identification, payment and credit-related services, enabling users who were previously unbanked and underbanked to create free bank accounts remotely and enjoy online financial services.

Kune

Pre Seed Round in 2021
Kune is a foodtech start-up based in Nairobi. We produce quality take-away meals at an affordable price and distribute it to individuals, retails, and corporate. Following a pre-seed round, Kune is building a 5000 meals-a-day food factory and hiring its founding team.
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