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.
The Daily Sale Shop
Pre Seed Round in 2023
The Daily Sale Shop is an online marketplace based in Zimbabwe that provides customers with access to a diverse selection of products. The company is committed to enhancing the shopping experience by offering free nationwide delivery, reliable customer support, and a seamless checkout process. This allows customers to shop conveniently from their homes and receive their orders with ease.
Zuri Health
Pre Seed Round in 2022
Founded in 2020, Zuri Health is a Kenyan telemedicine company offering affordable healthcare solutions via apps, websites, and SMS. It facilitates lab tests, doctor consultations, medication delivery, and home visits.
Elevate Pay
Pre Seed Round in 2022
Elevate Pay is a financial technology company developing a digital banking platform that provides regulated banking services and consumer financial products. The platform enables online account opening, fee-free SDG and USD bank accounts, a free USD Mastercard, and transfers within Sudan as well as free international transfers from several countries, supporting accessible and inclusive financial services.
Amitruck
Seed Round in 2022
Amitruck is a mobile and web-based trucking logistics platform based in Nairobi, Kenya, founded in 2018. It connects cargo owners with transporters, enabling users to book deliveries via its online platform and access a driver app to coordinate with drivers. The platform supports real-time shipment tracking, instant quotes, and proximity-based truck availability, delivering end-to-end visibility and streamlined communication throughout the delivery process.
Numida Technologies is a digital financial institution based in Kampala, Uganda, founded in 2015. The company specializes in serving micro- and small businesses in East Africa by offering application software that helps these enterprises maintain up-to-date digital financial records. Numida's proprietary credit scoring system enables it to provide unsecured growth and working capital loans to businesses, which not only results in high portfolio yields but also significantly impacts the livelihoods of borrowers. The platform aims to lower risks and costs for lending institutions, leading to improved lending terms for borrowers and fostering a thriving small business sector that creates employment, increases tax revenues, and enhances living standards for entrepreneurs and their staff.
Kwara GmbH is a technology company that specializes in developing a digital banking platform tailored for savings and credit co-operative societies (SACCOs). Founded in 2018 and headquartered in Berlin, Germany, with an additional office in Nairobi, Kenya, Kwara aims to modernize credit unions by providing a comprehensive cloud-based solution. The platform facilitates loan application servicing and approval for members, while also offering integration services, customer support, real-time financial tracking, and compliance assistance. Kwara's offerings include Kwara Pronto, a tool for managing loans. Currently, the company serves over 200 SACCOs across Kenya, South Africa, and the Philippines, enabling these financial institutions to enhance their operations and improve access to formal financial services.
MarketForce
Seed Round in 2021
Founded in 2018, MarketForce is a technology company based in the US, Kenya, and Nigeria. It operates an asset-light business model, providing a comprehensive B2B commerce and fintech platform, 'RejaReja', empowering African merchants to digitize their inventory sourcing, ordering, payments, and access financing. The platform also enables merchants to resell digital financial services like airtime and bill payments. MarketForce is operational in five Sub-Saharan African markets, serving over 200,000 merchants and 50 consumer brands.
Pawame
Venture Round in 2021
Founded in 2016, Pawame develops off-grid solar home systems for households in sub-Saharan Africa. Its solar kits include panels, LED lights, switches, flashlights, radios, phone chargers, and a pay-as-you-go mobile money platform. The company uses data from its platform to provide additional services like electrical appliances, micro-insurance, education loans, and remote health services.
Alpha Direct
Seed Round in 2021
Alpha Direct is an Africa-focused Insurtech company headquartered in Botswana. It leverages cloud technology, big data, and AI to deliver innovative insurance products tailored for Africa's growing consumer market.
Founded in 2020, Ramani is a software company based in Dar es Salaam, Tanzania. It specializes in developing applications for sales teams to track inventory, register customers, and record sales transactions in real-time.