Future Africa

Future Africa is a Lagos-based venture capital firm established in 2016, dedicated to empowering mission-driven founders and innovators to tackle significant challenges across the African continent. The firm focuses on creating a future where purpose and prosperity are accessible to all. Future Africa invests in a diverse array of sectors, including agriculture, data and artificial intelligence, e-commerce, education, finance, healthcare, and technology, among others. By supporting startups and entrepreneurs, Future Africa aims to foster the development of transformative solutions that contribute to the continent's economic growth and social progress.

Abby Chaffatt

Partner

V. Chinyere Inya

Partner and Head of Platform

Mia Koschitzky-Kimani

Managing Partner

Mayowa Olugbile

General Partner

Mathew Saunders

Senior Principal and Head of Investments

Caleb Zipperstein

Venture Partner

Past deals in COMESA

Uncover

Seed Round in 2022
Uncover is a beauty company that provides skincare products for consumers. The company's mission is to inspire, support, educate, and empower women to take control of health and well-being and become the most trusted skin-care brand. Uncover was founded in 2020 and is based in Kenya.

Jumba

Pre Seed Round in 2022
Jumba is a construction technology platform based in Nairobi, Kenya, established in 2022. The company focuses on streamlining B2B construction material purchases and financing, facilitating transactions between manufacturers and retailers. Jumba's platform enables businesses to order a variety of construction materials, including cement, steel, paint, tiles, plumbing supplies, electrical components, glass, and kitchen and bathroom finishes, with the option to pay later. By connecting small hardware stores with medium-sized retailers in their vicinity, Jumba helps enhance inventory management and negotiates pricing to simplify the supply chain for construction materials across Africa.

Octo

Pre Seed Round in 2022
Octo is a digital banking platform dedicated to providing financial services to Egyptians who lack access to formal credit. The platform facilitates a range of financial transactions, allowing users to deposit and withdraw funds at multiple locations, make purchases with a card, and transfer payments through its application. Additionally, Octo enables users to manage their finances by offering the ability to pay with credit at any store that accepts card payments, while allowing them to split transactions between cash and credit at competitive rates. This approach aims to enhance financial inclusion and offer greater flexibility in managing personal finances.

Eden Life

Seed Round in 2021
Eden Life, Inc. is a technology-enabled service provider based in Lagos, Nigeria, that specializes in housekeeping and related services for busy individuals. The company simplifies household management by offering a variety of services, including laundry, meal preparation, cleaning, equipment maintenance, and beauty services. Eden Life operates through an online platform and a mobile application, allowing users to conveniently book and access these services. Additionally, the company creates a diverse marketplace by partnering with various vendors, ensuring that customers can meet their household needs efficiently in both Nigeria and Kenya.

SOTE

Seed Round in 2020
Sote, Inc. is a technology company specializing in the logistics sector, focusing on digital customs clearing and freight forwarding solutions. Established in 2017 and headquartered in San Francisco, California, with an additional office in Nairobi, Kenya, Sote provides a platform that allows industrial cargo owners to efficiently manage freight clearing and forwarding processes. The platform includes a comprehensive dashboard that tracks shipment status, payment history, and estimated container arrival times, streamlining communication among all parties involved in logistics. Additionally, Sote is dedicated to enhancing trade finance in Africa by leveraging proprietary trade data to enable banks and financial institutions to lend to corporations and SMEs without traditional collateral requirements. By bridging the trade finance gap and offering reliable credit and risk management solutions, Sote aims to empower African businesses and facilitate growth in the continent's trade landscape.
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