Fledge
Fledge is a venture capital and accelerator firm founded in 2012 and headquartered in Seattle, Washington, with additional offices in Lima, Peru, and Barcelona, Spain. The firm specializes in supporting mission-driven for-profit startups that address significant global challenges such as poverty, hunger, sustainability, and inequality through innovative business models. Fledge operates a network of business accelerators worldwide, each tailored to the specific needs of local entrepreneurs and the unique problems they aim to solve. Through its ten-week program, Fledge provides seed-stage companies with investment ranging from $15,000 to $20,000 for a six percent equity stake. The firm is committed to fostering impactful startups, offering various programs including those focused on cooperative businesses and opportunities for companies looking to relocate to Canada.
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Past deals in Uganda
Oreeggs
Pre Seed Round in 2019
Oreeggs is a company focused on the production and distribution of consumable and hatched eggs in Uganda. It aims to address the significant issue of protein malnutrition by providing an affordable source of protein to consumers. Through its services, Oreeggs ensures the delivery of eggs, making them accessible to a wide audience in the region. The company's commitment to meeting consumer needs positions it as a vital player in the local market, contributing to improved nutrition and health outcomes in Uganda.
Onelamp Uganda
Pre Seed Round in 2017
Onelamp is a company focused on improving energy access in rural communities of Africa, particularly in Uganda. It specializes in distributing solar fishing lanterns and solar lights, providing an affordable clean energy solution to combat energy poverty. The company utilizes an on-demand delivery service that leverages unstructured supplementary service data (USSD) technology, allowing households to place orders for solar products via text messages. Payment is facilitated through mobile money, and the logistics network ensures same-day door-to-door delivery, enhancing the accessibility of solar energy solutions for those in need.
Brent Technologies
Seed Round in 2015
Brent Technologies re-refines used lube oil into new base oil and blends it with additives so that its original lubricity is recovered, hence yielding oil which is no difference with freshly mined oils.
Brent Technologies is a Uganda-based company that was founded in 2015.
Ensibuuko
Seed Round in 2015
Ensibuuko is a Ugandan technology company established in 2014, specializing in developing cloud-based micro-finance software tailored for community-level financial institutions across Africa. The company's core business involves providing affordable banking solutions, enabling users to access their accounts via mobile phones, check balances, make deposits, and withdrawals, even in areas with limited telecom infrastructure.
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