54 Collective, established in 2018, is a South Africa-based venture capital firm that invests in and supports African tech startups, primarily focusing on sectors such as fintech, health tech, agritech, logistics, and e-commerce. The company provides catalytic capital alongside value-add support and leverages its global network to help founders scale their businesses. 54 Collective, a business-focused investor, integrates impact considerations into all its operations, aiming to generate returns for investors while enabling entrepreneurs to grow their ventures.
TUNL is a company focused on enhancing export-related supply chain frameworks between Africa and the mainland United States. It operates a parcel shipping platform designed to lower transaction costs for small and medium-sized enterprises in South Africa. The platform facilitates the shipment of a wide variety of products, including fashion items, arts and crafts, books, furniture, musical instruments, and nonperishable goods like cosmetics. By optimizing logistics and reducing expenses, TUNL aims to help these businesses improve their profit margins and expand their market reach.
BuuPass
Pre Seed Round in 2023
BuuPass is a digital transport solutions provider based in Kenya, focusing on simplifying the movement of people through innovative booking systems. As the first marketplace in the country for bus, shuttle, and train bookings, BuuPass offers a fast and user-friendly platform that allows commuters to easily reserve their seats and make payments. The company is powered by a team of young entrepreneurs dedicated to addressing everyday transportation challenges and enhancing accessibility. By enabling users to book tickets through both online and SMS-based methods, BuuPass ensures that urban commuters can manage their travel plans conveniently and efficiently. The company emphasizes the importance of time and choice, striving to empower individuals to travel on their own terms while connecting them to various opportunities.
WINGI
Seed Round in 2023
Wingi specializes in transforming the international supply chain for African entrepreneurs, aiming to empower small businesses with growth opportunities. The company offers a platform that simplifies logistics, supply chain management, and storage solutions, catering specifically to the needs of small to medium-sized enterprises in Africa. Through its app, Wingi also supports social commerce and retail businesses, enabling entrepreneurs to turn their passions into income. This focus on leveraging technology for supply chain efficiency and business growth reflects Wingi's commitment to fostering economic development within the African continent.
BuuPass
Pre Seed Round in 2022
BuuPass is a digital transport solutions provider based in Kenya, focusing on simplifying the movement of people through innovative booking systems. As the first marketplace in the country for bus, shuttle, and train bookings, BuuPass offers a fast and user-friendly platform that allows commuters to easily reserve their seats and make payments. The company is powered by a team of young entrepreneurs dedicated to addressing everyday transportation challenges and enhancing accessibility. By enabling users to book tickets through both online and SMS-based methods, BuuPass ensures that urban commuters can manage their travel plans conveniently and efficiently. The company emphasizes the importance of time and choice, striving to empower individuals to travel on their own terms while connecting them to various opportunities.
Offgrid.finance
Pre Seed Round in 2022
Offgrid Finance is a financial technology company based in Kenya that focuses on providing loans to small and medium-sized enterprises (SMEs) in sectors such as agriculture, food, and logistics. The company aims to facilitate access to clean and efficient technologies by integrating its financing solutions directly into the sales process. By connecting SMEs with a network of lenders, Offgrid Finance supports the adoption of low-emission technologies, thereby promoting sustainable business practices. Its mission is to create a scalable financing solution that minimizes risk for investors while significantly reducing greenhouse gas emissions and generating positive social impact in emerging markets.
Zuri Health
Pre Seed Round in 2022
Zuri Health is a telemedicine company based in Nairobi, Kenya, established in 2020. It offers affordable and accessible healthcare solutions through a mobile app, website, and SMS services, catering to patients without smartphones and those in rural areas. Users can schedule lab and diagnostic tests, consult with doctors, purchase medications from pharmacies, and arrange home visits with qualified medical professionals. The platform also features an artificial intelligence-powered chatbot to enhance user experience and provide first-level medical consultations. Zuri Health aims to create a universally accessible healthcare experience for all individuals, regardless of their location or resources.
Rology
Seed Round in 2022
Rology is a teleradiology platform based in Cairo, Egypt, founded in 2017. The company addresses the global shortage of radiologists by providing a solution that efficiently matches radiologists with hospital cases based on their availability and specialization. This platform aims to reduce latency in reporting times, enabling patients to receive timely medical reports. Additionally, Rology enhances radiologists' productivity through an AI-powered DICOM reader, which supports the growing demand for radiology examinations such as CT and MRI. By leveraging technology, Rology facilitates quicker and more effective communication between healthcare providers and radiologists, ultimately improving patient care.
Winich Farms
Seed Round in 2022
Winich Farms is an agri-tech startup focused on enhancing the agricultural sector by connecting farmers with financial resources and premium markets. The platform facilitates crowdfunding to provide farmers with quality inputs, agricultural expertise, and modern machinery, ensuring decent returns for both farmers and investors. By utilizing an agro e-retail platform, Winich Farms directly links local farmers to consumers at farm gate prices, reducing reliance on middlemen and making produce more affordable. The company aims to empower African farmers by lowering barriers to capital access and promoting best practices to improve yield. Winich Farms collaborates with established partners to create robust market relationships, all while striving to improve the standard of living for rural operators and contribute to global food security. The overarching mission is to build an economically resilient Africa powered by agriculture.
OkHi
Seed Round in 2022
OkHi Limited is a company based in Nairobi, Kenya, that has developed a digital addressing system aimed at addressing the absence of a reliable physical address system in emerging markets. Founded in 2014, OkHi's innovative platform creates virtual addresses by integrating GPS tags and location photographs, enabling users to share their addresses easily. This system enhances logistics, facilitating commerce, and improves emergency services by providing accurate location information. Additionally, it supports personal identification, thereby increasing access to financial services for individuals in underserved areas. OkHi's mission is to connect people and unlock various opportunities through its addressing solution.
OkHi
Seed Round in 2022
OkHi Limited is a company based in Nairobi, Kenya, that has developed a digital addressing system aimed at addressing the absence of a reliable physical address system in emerging markets. Founded in 2014, OkHi's innovative platform creates virtual addresses by integrating GPS tags and location photographs, enabling users to share their addresses easily. This system enhances logistics, facilitating commerce, and improves emergency services by providing accurate location information. Additionally, it supports personal identification, thereby increasing access to financial services for individuals in underserved areas. OkHi's mission is to connect people and unlock various opportunities through its addressing solution.
Floatpays
Seed Round in 2022
FloatPays is a financial technology company based in Cape Town, Western Cape, founded in 2019. The company specializes in providing a platform that facilitates payroll integration and offers employees early access to their wages. FloatPays enhances employee financial well-being through various services, including payment solutions, financial education, effective reporting, and training. By promoting budgeting and financial literacy, the company aims to empower individuals to transition from debt to savings, ultimately fostering a more secure financial future for its users.
Pesakit
Seed Round in 2022
PesaKit is a technology company based in Nairobi, Kenya, that specializes in providing a platform for last-mile agent networks in the mobile money and digital finance sectors. Established in 2018, PesaKit utilizes artificial intelligence to develop a virtual assistant that streamlines the management of liquidity and conversion processes for mobile money agents and merchants. The company's software application features an API-driven interface, enabling users to digitize distribution and access channels effectively. PesaKit aims to enhance financial inclusion by supporting mobile money agents with innovative tools that improve their operational efficiency.
My 1Health
Seed Round in 2021
My 1Health is a prominent medical facilitator focused on enabling global access to specialized healthcare services. The company utilizes an innovative platform that combines advanced technology with data-driven strategies, ensuring a seamless user experience and efficient management of appointments and treatments. By forming strategic partnerships with leading hospitals and individual specialists, My 1Health is able to provide high-quality medical services to patients worldwide. The organization's patient-centric approach is reflected in its establishment of regional hubs in critical areas such as Africa, the Middle East, and Southeast Asia, allowing for a better understanding of local needs and cultures. With on-the-ground partners offering dedicated support, My 1Health aims to make the healthcare journey smooth and satisfactory for its clients. As the company continues to evolve, it remains committed to enhancing its services and expanding its reach to meet the diverse healthcare requirements of patients globally.
TUNL
Pre Seed Round in 2021
TUNL is a company focused on enhancing export-related supply chain frameworks between Africa and the mainland United States. It operates a parcel shipping platform designed to lower transaction costs for small and medium-sized enterprises in South Africa. The platform facilitates the shipment of a wide variety of products, including fashion items, arts and crafts, books, furniture, musical instruments, and nonperishable goods like cosmetics. By optimizing logistics and reducing expenses, TUNL aims to help these businesses improve their profit margins and expand their market reach.
Revix UK Limited
Venture Round in 2021
Revix is an investment management and cryptocurrency trading platform founded in 2018 and based in South Africa. The company focuses on simplifying the investment process in the digital asset market by offering a diversified portfolio of assets at a low cost, accompanied by regular rebalancing to adapt to market changes. Revix employs proprietary technology to equip retail investors with the necessary tools to manage their own digital asset portfolios, facilitating their participation in the rapidly evolving cryptocurrency and security token landscape. Through its approach, Revix aims to make the advantages of hassle-free diversification, commonly found in traditional financial markets, accessible to a broader audience in the digital realm.
Redbird
Seed Round in 2021
Redbird is a provider of health monitoring services aimed at improving the lives of patients with chronic diseases in Africa. Recognizing that millions of individuals suffer from chronic conditions without adequate means to manage their health, Redbird supplies pharmacies with the necessary tools to offer rapid diagnostic services. This approach transforms pharmacies into accessible centers for health management, allowing patients to monitor their conditions conveniently. By facilitating health testing options, Redbird helps patients avoid the lengthy travel and waiting times typically associated with overburdened hospitals, ultimately promoting better health outcomes and enhancing the quality of life for those living with chronic diseases.
Wella Health
Venture Round in 2021
WellaHealth is a startup focused on improving healthcare access for low-income individuals and families in Nigeria. The company has developed a digital triage bot that provides guidance based on the Nigeria Centre for Disease Control guidelines, allowing users to log their health responses for potential follow-up by public health authorities. In addition to this innovative tool, WellaHealth offers micro-health insurance plans that target prevalent diseases, providing affordable coverage for treatments and medications. Their platform connects users to a network of pharmacies and healthcare professionals, enabling them to manage their health needs without facing significant financial strain.
Redbird
Seed Round in 2020
Redbird is a provider of health monitoring services aimed at improving the lives of patients with chronic diseases in Africa. Recognizing that millions of individuals suffer from chronic conditions without adequate means to manage their health, Redbird supplies pharmacies with the necessary tools to offer rapid diagnostic services. This approach transforms pharmacies into accessible centers for health management, allowing patients to monitor their conditions conveniently. By facilitating health testing options, Redbird helps patients avoid the lengthy travel and waiting times typically associated with overburdened hospitals, ultimately promoting better health outcomes and enhancing the quality of life for those living with chronic diseases.
Wella Health
Seed Round in 2020
WellaHealth is a startup focused on improving healthcare access for low-income individuals and families in Nigeria. The company has developed a digital triage bot that provides guidance based on the Nigeria Centre for Disease Control guidelines, allowing users to log their health responses for potential follow-up by public health authorities. In addition to this innovative tool, WellaHealth offers micro-health insurance plans that target prevalent diseases, providing affordable coverage for treatments and medications. Their platform connects users to a network of pharmacies and healthcare professionals, enabling them to manage their health needs without facing significant financial strain.
LocumBase
Seed Round in 2020
LocumBase (Pty) Ltd is an online software as a service (SaaS) platform based in Cape Town, South Africa, that connects freelance medical professionals with healthcare practices, including clinics and hospitals, for short-term locum appointments. Founded in 2016, the platform allows medical professionals to create viewable profiles, which include verified information such as professional registration, qualifications, and biographical details. This information is accessible to registered practices, enabling them to view locum availability, areas of specialization, hourly rates, and location. LocumBase provides a customizable booking and management solution that ensures real-time availability of verified locum staff, while also offering career management tools for medical professionals, including records of experience and earnings, as well as access to professional development resources.
Envisionit Deep AI
Seed Round in 2020
Envisionit Deep AI is a Johannesburg-based medical technology company founded in 2019 that focuses on enhancing medical imaging diagnosis for radiologists through artificial intelligence. The company has developed a machine learning platform and the RADIFY system, which specifically addresses conditions such as respiratory and congenital heart diseases. By utilizing AI, Envisionit Deep AI aims to improve the accuracy and efficiency of interpreting medical images, including chest X-rays, ultrasounds, MRIs, and CT scans. Their technology is designed to streamline the diagnostic process, enabling healthcare professionals to identify abnormalities more consistently and in less time, ultimately making diagnostic healthcare more accessible and cost-effective.
Foodlocker
Seed Round in 2020
Foodlocker Limited operates a comprehensive platform for food and grocery items in Africa, focusing on a wide range of products including baby food, baking supplies, cereals, condiments, drinks, fish, fruits, meat, oil, pasta, processed foods, snacks, and vegetables. Based in Ibadan, Nigeria, the company aims to bridge the gap between smallholder farmers and large commodity buyers by employing regenerative and precision agriculture techniques. Foodlocker supports farmers with scientifically-tested production protocols, credit, and data-driven insights, facilitating their access to markets. By utilizing demand-matching technologies and machine learning, the company addresses logistical challenges within the food supply chain, enabling efficient procurement of fast-moving consumer goods and fresh produce.
Akili Labs
Seed Round in 2020
Akili Labs is a biomedical startup based in South Africa that specializes in developing medical diagnostic technology to enhance healthcare through improved diagnostics. Founded in 2017 by Charles Faul and Lucas Lotter, with Dr. Farhan Pervaiz joining as a co-founder in 2018, the company aims to address the need for rapid diagnoses within the healthcare system. Akili Labs focuses on creating molecular diagnostic tools capable of testing for various infections and enabling gene screening. Their innovative and location-appropriate diagnostic systems are designed to reduce costs and improve access to healthcare services across Africa. The company actively collaborates with global organizations to develop and implement healthcare and diagnostic-related products, emphasizing innovation and partnership in its mission.
Altify UK Limited
Seed Round in 2020
The Altify mobile app and web portal simplify investing in alternative assets for over 80,000 users. With a minimum investment of just $10, Altify’s platform makes it easy to buy, sell and earn yield from a diverse range of assets once reserved for the ultra-wealthy. Altify provides exclusive access to a wide range of investment opportunities including gold and cryptocurrencies to upcoming additions like private credit, real estate, and venture capital, complemented by innovative savings options. Altify boasts the world's largest selection of ETF-style Crypto Bundles, enabling you to tap into the crypto market just as easily as you would the stock market — through affordable, diversified index-based products. While its proprietary Smart Trade System enables you to automatically connect to all the top crypto exchanges in real-time and access to the best liquidity and rates in the market. Altify is crafted by experienced, fast-moving, “roll-up-your-sleeves-and-make-it-happen” kind of people. If you’re someone who thinks big, moves fast and wants to make an impact right from day one, then you'll fit right into Altify’s industry-changing mission. Emerging from a 2023 merger of Revix and Coinpanion, Altify is a London-headquartered company with satellite offices in Vienna and Cape Town. The company’s publicly stated mission is to help increase the net worth of our generation by unlocking new avenues for wealth creation that are both sustainable and impactful.
BuuPass
Grant in 2019
BuuPass is a digital transport solutions provider based in Kenya, focusing on simplifying the movement of people through innovative booking systems. As the first marketplace in the country for bus, shuttle, and train bookings, BuuPass offers a fast and user-friendly platform that allows commuters to easily reserve their seats and make payments. The company is powered by a team of young entrepreneurs dedicated to addressing everyday transportation challenges and enhancing accessibility. By enabling users to book tickets through both online and SMS-based methods, BuuPass ensures that urban commuters can manage their travel plans conveniently and efficiently. The company emphasizes the importance of time and choice, striving to empower individuals to travel on their own terms while connecting them to various opportunities.
KudiGo
Seed Round in 2019
KudiGo is a technology company that provides a mobile-based integrated solution designed for informal consumer retailers in Africa. Its platform offers a comprehensive suite that includes retail management, accounting, and non-cash payment processing, along with AI-powered analytics. By leveraging innovative technology, KudiGo helps users improve their business oversight and adopt efficient bookkeeping practices, promoting financial inclusion. Additionally, the company utilizes big data and blockchain technology to enhance transparency and facilitate real-time monitoring for manufacturers and distributors in the retail sector.
Digest Africa
Pre Seed Round in 2019
Digest Africa is dedicated to collecting and organizing comprehensive information about the early-stage and technology ecosystem in Africa. The company aims to create a robust resource that includes data on early-stage and technology companies, investors, accelerators, and funding deals across the continent. Currently, Digest Africa's database includes over 2,000 funding and M&A deals valued at more than $2.5 billion, involving more than 1,000 companies. The organization also tracks over 250 active investors and 50 accelerators in Africa. By accurately reporting on the daily activities within the early-stage and technology sectors, Digest Africa aggregates this information and publishes insightful reports, thereby assisting investors in making informed decisions regarding their investments.
Eazyhire
Pre Seed Round in 2019
Eazyhire Limited is a peer-to-peer platform based in Lagos, Nigeria, that facilitates the leasing and rental of a diverse range of products, including vehicles, equipment, aircraft, electronics, and maritime assets. Founded in 2015, the platform enables users to onboard vendors, manage daily operations, process payments, and handle requests for proposals, quotations, invoices, and contracts efficiently. Eazyhire also offers asset financing through a rent-to-own service in collaboration with financial institutions and original equipment manufacturers, catering to both individuals and businesses seeking temporary access to essential assets while providing value to owners of underutilized items.
KudiGo
Pre Seed Round in 2019
KudiGo is a technology company that provides a mobile-based integrated solution designed for informal consumer retailers in Africa. Its platform offers a comprehensive suite that includes retail management, accounting, and non-cash payment processing, along with AI-powered analytics. By leveraging innovative technology, KudiGo helps users improve their business oversight and adopt efficient bookkeeping practices, promoting financial inclusion. Additionally, the company utilizes big data and blockchain technology to enhance transparency and facilitate real-time monitoring for manufacturers and distributors in the retail sector.
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