Launch Africa Ventures

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.

Janade Du Plessis

Co-Founder and Managing Partner

Mohamed Karar

Venture Partner F1 and F2

Michael Mutie

VC Associate

Janade Plessis Ph.D

Co-Founder and Managing Partner

Baljinder Sharma

Board Member and Member of the Investment Committee

Past deals in North Africa

Kashat

Convertible Note in 2022
Kashat is an Egypt-based mobile financial services company that provides instant microloans through a digital app. It targets unbanked and underbanked individuals by underwriting loans using alternative data to create a credit history, enabling customers to build a financial identity. The service offers small, short-term credit with flexible repayment options and disburses funds via mobile wallets and digital payments. The entire process is digital and paperless, streamlining application and approval through the mobile app. Kashat operates under the regulatory oversight of Egypt’s Financial Regulatory Authority.

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.

Pharmacy Marts

Seed Round in 2022
Pharmacy Marts is an online business-to-business marketplace that connects pharmacists with multiple suppliers to source daily prescriptions and pharmacy supplies. Founded in 2021 and based in Cairo, Egypt, the platform combines fintech and logistics features to offer discounts on medications from various warehouses, with no delivery charges for orders. It enables medical suppliers to list products and allows pharmacists to compare offers in a single location to fulfill daily supply requests.

GOMYCODE

Venture Round in 2022
GoMyCode is an educational platform that focuses on equipping students with essential digital skills through a blend of online and offline learning experiences. Founded in 2017 and headquartered in Tunis, Tunisia, the company has expanded its presence to Algeria, France, and Morocco. GoMyCode offers a range of training programs in areas such as artificial intelligence, web development, deep learning, DevOps, UX design, and digital marketing. By utilizing data-driven assessments and matching techniques, the platform not only enhances learners' skills but also connects them with global tech opportunities. Its innovative approach aims to empower individuals by providing them with the knowledge and competencies needed for the future workforce.

Orcas

Seed Round in 2022
Orcas Solutions Limited operates an online marketplace that connects parents and students with experienced and reliable private tutors and babysitters in Egypt, Saudi Arabia, and Pakistan. Founded in 2014 and based in Cairo, the company provides a hybrid tutoring platform that offers live tutoring sessions along with personalized learning plans and courses. This approach enables students to receive tailored educational experiences, enhancing their learning and making education more enjoyable. Through its services, Orcas Solutions aims to empower students and support families in finding quality educational and childcare resources.

Kashat

Convertible Note in 2021
Kashat is an Egypt-based mobile financial services company that provides instant microloans through a digital app. It targets unbanked and underbanked individuals by underwriting loans using alternative data to create a credit history, enabling customers to build a financial identity. The service offers small, short-term credit with flexible repayment options and disburses funds via mobile wallets and digital payments. The entire process is digital and paperless, streamlining application and approval through the mobile app. Kashat operates under the regulatory oversight of Egypt’s Financial Regulatory Authority.

Elmetr inc. (500 startups portfolio company)

Venture Round in 2021
Elmetr Inc. operates an online legal platform aimed at connecting users in Egypt and the Middle East with suitable lawyers for various legal needs, including family law, commercial law, criminal law, and administrative judiciary matters. By providing a comprehensive lead-generation hub for legal professionals, Elmetr enhances transparency in legal case handling and facilitates improved client reviews. The platform features detailed lawyer profiles, enabling better specialization and sub-specialization within the legal field. Additionally, it streamlines case management, billing, and client interactions, ultimately increasing the reach of law offices and elevating the quality of legal services available to clients.

Orcas

Venture Round in 2021
Orcas Solutions Limited operates an online marketplace that connects parents and students with experienced and reliable private tutors and babysitters in Egypt, Saudi Arabia, and Pakistan. Founded in 2014 and based in Cairo, the company provides a hybrid tutoring platform that offers live tutoring sessions along with personalized learning plans and courses. This approach enables students to receive tailored educational experiences, enhancing their learning and making education more enjoyable. Through its services, Orcas Solutions aims to empower students and support families in finding quality educational and childcare resources.

Bypa-ss

Convertible Note in 2021
Bypa-ss is a health-tech startup based in Egypt focused on digitizing health information exchange to enhance the quality of care for both healthcare providers and patients. The company's primary offering, HealthTag, is a versatile platform that connects individuals, physicians, pharmacies, laboratories, and radiology centers, facilitating better communication and interaction between all parties involved in healthcare. By enabling patients to share their experiences and feedback about medical facilities and professionals, Bypa-ss empowers users to make informed decisions regarding their healthcare options. This innovative approach aims to streamline healthcare processes and improve overall patient outcomes in the region.

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.

Cassbana

Pre Seed Round in 2021
Cassbana is a financial lending platform based in Egypt that focuses on building financial identities for underserved communities. The company employs artificial intelligence and machine learning to create a behavior-based credit scoring system, which assesses individuals and businesses' access to credit. By analyzing behavior patterns, Cassbana enables financial institutions to make low-risk investments while providing micro-lending and monetary payment options. This approach facilitates short-term financing for small businesses and individuals, enhancing their access to essential financial resources.
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