Lateral Frontiers

Lateral Frontiers is a New York-based venture capital firm focused on Africa, investing in early and growth-stage technology-enabled companies and providing debt and equity capital to support businesses across financial services, healthcare, education, energy, agriculture, housing, logistics, mobility and other sectors that address significant continental needs.

Ochuwa Akhigbe-Ogionwo

Operating Principal

Steven Grin

Managing Partner

Bryan Njuguna Kamau

Investor

Lorraine Kageni Maina

Venture Partner

Shreyas Mishra

Analyst

Past deals in East Africa

Octavia Carbon

Seed Round in 2024
Octavia Carbon is a pioneering company based in Kenya that specializes in Direct Air Capture (DAC) technology. It designs, builds, and deploys proprietary systems to filter CO2 from the atmosphere, aiming to reverse climate change and reduce reliance on fossil fuels. The company uniquely leverages Kenya's geothermal energy and talent to accelerate DAC technology development and lower costs.

Lynk Jobs

Venture Round in 2019
Lynk Jobs Limited operates a digital platform that connects informal workers with customers seeking various services, including housekeeping, plumbing, electrical work, and carpentry. Founded in 2015 and headquartered in Nairobi, Kenya, Lynk allows users to describe the projects or tasks they need assistance with and queries professionals that match those descriptions. The platform provides quotes from verified professionals and manages the logistics of service delivery. In addition to connecting service providers and customers, Lynk offers training courses aimed at personal and professional development for its workers. By addressing the challenges faced by informal workers and the households and businesses that require their services, Lynk facilitates effective recruitment, smart job matching, and a customer rating system that helps workers build their skills profiles.

SparkMeter

Seed Round in 2018
SparkMeter develops smart electricity metering systems and grid management software for underserved markets. Its products include residential and commercial meters, along with software solutions that enhance grid efficiency, enable prepaid billing, and facilitate remote monitoring. Founded in 2012, SparkMeter operates from Washington D.C. and Nairobi, Kenya.

Asoko Insight

Series A in 2018
Asoko Insight Limited is a prominent corporate information platform focused on providing comprehensive data on public and private companies in Sub-Saharan Africa. Established in 2014 and headquartered in London, the company aids investors, banks, corporates, and governments in understanding the region's private sector landscapes. Asoko Insight consolidates data on key corporate developments, including incorporation details, management structures, financial indicators, and compliance metrics. It offers extensive company profiles and custom data products such as sector analyses and supply chain mapping, enabling clients to generate commercial leads and conduct due diligence. The company's local research analysts, based in various regional offices, continuously monitor and verify corporate information to ensure accuracy. Asoko is expanding its data collection efforts beyond major economies like Ghana, Kenya, and Nigeria, aiming to enhance its offerings across the African continent.

Lynk Jobs

Seed Round in 2017
Lynk Jobs Limited operates a digital platform that connects informal workers with customers seeking various services, including housekeeping, plumbing, electrical work, and carpentry. Founded in 2015 and headquartered in Nairobi, Kenya, Lynk allows users to describe the projects or tasks they need assistance with and queries professionals that match those descriptions. The platform provides quotes from verified professionals and manages the logistics of service delivery. In addition to connecting service providers and customers, Lynk offers training courses aimed at personal and professional development for its workers. By addressing the challenges faced by informal workers and the households and businesses that require their services, Lynk facilitates effective recruitment, smart job matching, and a customer rating system that helps workers build their skills profiles.

KOKO Networks

Seed Round in 2017
KOKO Networks Ltd is a technology company founded in 2014 and based in Nairobi, Kenya, with additional offices in East Africa and India. The company develops a platform aimed at enhancing smart commerce in urban Africa. KOKO's innovative suite of technologies connects suppliers, retailers, and customers, facilitating the delivery of various consumer and business solutions designed to improve quality of life in African cities. Through its operations, KOKO Networks addresses the unique challenges of emerging markets by leveraging technology to streamline commerce and enhance accessibility to essential services.

4G Capital

Seed Round in 2016
4G Capital is a Nairobi-based company founded in 2013, dedicated to providing unsecured credit to small business owners in Africa's informal markets. Focused on supporting micro-enterprises, particularly in low-income sectors, the company offers working capital loans alongside bespoke financial literacy training. Utilizing proprietary machine learning technology, 4G Capital delivers tailored credit products and services to clients, enabling them to leverage micro-loans effectively for sustainable business growth. Loans can be accessed rapidly through mobile money, ensuring a streamlined experience for entrepreneurs who often lack traditional forms of credit due to high collateral demands. With a significant emphasis on supporting female traders, rural businesses, and micro-entrepreneurs in various sectors—including agriculture and trade—4G Capital aims to close the substantial finance gap across Africa. The company has achieved impressive collection rates and has expanded its impact to over one million individuals through ongoing operations in Kenya and Uganda, while continuing to scale its services across the continent.

Asoko Insight

Seed Round in 2015
Asoko Insight Limited is a prominent corporate information platform focused on providing comprehensive data on public and private companies in Sub-Saharan Africa. Established in 2014 and headquartered in London, the company aids investors, banks, corporates, and governments in understanding the region's private sector landscapes. Asoko Insight consolidates data on key corporate developments, including incorporation details, management structures, financial indicators, and compliance metrics. It offers extensive company profiles and custom data products such as sector analyses and supply chain mapping, enabling clients to generate commercial leads and conduct due diligence. The company's local research analysts, based in various regional offices, continuously monitor and verify corporate information to ensure accuracy. Asoko is expanding its data collection efforts beyond major economies like Ghana, Kenya, and Nigeria, aiming to enhance its offerings across the African continent.

Asoko Insight

Seed Round in 2015
Asoko Insight Limited is a prominent corporate information platform focused on providing comprehensive data on public and private companies in Sub-Saharan Africa. Established in 2014 and headquartered in London, the company aids investors, banks, corporates, and governments in understanding the region's private sector landscapes. Asoko Insight consolidates data on key corporate developments, including incorporation details, management structures, financial indicators, and compliance metrics. It offers extensive company profiles and custom data products such as sector analyses and supply chain mapping, enabling clients to generate commercial leads and conduct due diligence. The company's local research analysts, based in various regional offices, continuously monitor and verify corporate information to ensure accuracy. Asoko is expanding its data collection efforts beyond major economies like Ghana, Kenya, and Nigeria, aiming to enhance its offerings across the African continent.
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