Launch Africa Ventures is a venture capital firm founded in 2020 and based in Ebene, Mauritius, that funds early-stage startups across Africa, focusing on seed and pre-Series A opportunities. It seeks investments across fintech, healthtech, climate tech, agritech, edtech, transportation and logistics, mobility, e-commerce, software as a service, artificial intelligence, big data, and analytics.
Board Member and Member of the Investment Committee
Past deals in Francophone Africa
Paps
Venture Round in 2024
Paps is a Senegalese transport and logistics company established in 2016. It specializes in innovative distribution solutions for businesses and merchants, offering real-time delivery scheduling and tracking via its e-commerce platform. Services include secure warehouse storage, insured parcel delivery, cash on delivery management, courier provision, returns management, collection, and periodic reporting.
Maad
Seed Round in 2024
Maad is a rapidly growing B2B marketplace based in Dakar, Senegal, serving Francophone Africa. It offers a tech-driven solution that enables retailers to order products from its one-stop shop and access working capital loans.
ShopMeAway
Venture Round in 2022
ShopMeAway is a cross-border ecommerce and logistics company that connects global brands and distributors with an integrated ecommerce module and a cross-border delivery network to serve underserved markets in Africa, Latin America, the Middle East, and Asia. The platform provides order placement, payments, and delivery capabilities to enable consumers to shop from international websites while helping brands reach new customers. Operational since 2018 in Senegal, the company has expanded to Ivory Coast and has plans to enter Nigeria and Morocco, with longer-term expansion into Latin America, the Middle East, and Asia. In 2023, it partnered with Amazon to distribute its full catalog to its client network, demonstrating its ability to scale international distribution.
Maad
Pre Seed Round in 2021
Maad is a rapidly growing B2B marketplace based in Dakar, Senegal, serving Francophone Africa. It offers a tech-driven solution that enables retailers to order products from its one-stop shop and access working capital loans.
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