SOSV

SOSV, established in 1995 and headquartered in Princeton, New Jersey, is a global venture capital firm specializing in early-stage investments. It focuses on deep tech innovations in the health and environmental sectors, supporting founders with breakthrough technologies through its HAX and IndieBio startup development programs. SOSV provides resources, facilities, and lab equipment to accelerate product development and scale, with a track record of helping its portfolio companies secure subsequent funding rounds led by top-tier investors.

Hugh Bowen

Associate

Navin Danapal

Director, South East Asia

Weichang Ge

Analyst

Bradford Higgins

Venture Partner

Katie Hoffman

General Partner

Mohan Iyer

General Partner

Benjamin Joffe

Partner

Ji Ke

Partner

Stephen McCann

CFO and General Partner

Carthach McCarthy

CFO

Paul Monaghan

Principal

Brian Murphy

Finance Director

Eric Ramsay

Analyst

Sabriya Stukes Ph.D

Partner

Past deals in Africa and Middle East

Asterix Foods

Convertible Note in 2024
Asterix Foods is a biotechnology company based in Tel Aviv, Israel, founded in 2022. The company specializes in developing protein production through plant-cell culture techniques, focusing on the creation of bioactive proteins for food applications. Asterix Foods aims to provide scalable, functional, and complex proteins that are derived from plant cell cultures, offering an animal-free alternative for consumers.

Ingrediome

Seed Round in 2024
Ingrediome focuses on producing key animal proteins to revolutionize meat alternatives. Ingrediome was founded in 2022 and was headquartered in Ness Ziona, Israel.

Socialee

Pre Seed Round in 2023
Socialee, established in 2023, is a Dubai-based video commerce platform that bridges the gap between brands, content creators, and consumers. It specializes in beauty products, offering an authentic shopping experience through honest video reviews. Users can discover and purchase products via trustworthy reviews from fellow shoppers, creators, and brands, with creators monetizing based on review authenticity.

Pyxis

Seed Round in 2023
Pyxis is a treasury infrastructure company specializing in cross-border payments and foreign exchange for high-volume traders in emerging markets, particularly within the Afro-Asian corridor, which facilitates over $500 billion in annual trade. The company primarily addresses the challenges faced by Chinese importers operating in Africa, who often encounter issues such as currency mismatches, unregulated foreign exchange channels, and disruptions caused by bank account freezes. Pyxis offers a comprehensive treasury and FX platform based in Singapore, enabling real-time conversions between local African currencies, USD, and RMB. By partnering with local payment institutions, Pyxis ensures secure and affordable transactions while enhancing transparency through verified trade attribution. This integrated approach aims to streamline payment processes and improve liquidity for businesses, ultimately facilitating smoother trade operations in regions that are traditionally underserved by conventional banking systems.

Diptera.ai

Convertible Note in 2023
Diptera.ai is a Jerusalem-based company specializing in innovative mosquito control solutions. The firm has developed a technology that employs the sterile insect technique, utilizing advanced optics, computer vision, and artificial intelligence. Its ready-to-use module is designed to release sterile male mosquitoes over several weeks, allowing municipal corporations to implement large-scale mosquito control initiatives effectively. This approach eliminates the need for traditional mosquito rearing and sorting facilities, making the technology more affordable and accessible for municipalities. By focusing on biological solutions, Diptera.ai aims to address the challenges posed by mosquito-borne diseases and improve public health outcomes.

Carbonade

Seed Round in 2023
Carbonade is a chemical manufacturing company based in Ness Ziona, Israel, founded in 2022. The company focuses on innovative electro-chemical technology for carbon capture, utilization, and storage (CCUS), aiming to address climate change through effective CO2 reduction solutions. By leveraging renewable electricity, Carbonade develops processes that convert CO2 into valuable carbon-based products, such as fuels, plastics, and chemicals. This approach not only mitigates greenhouse gas emissions but also offers clients sustainable alternatives for their manufacturing needs, positioning Carbonade as a key player in the transition towards a more sustainable economy.

Asterix Foods

Seed Round in 2023
Asterix Foods is a biotechnology company based in Tel Aviv, Israel, founded in 2022. The company specializes in developing protein production through plant-cell culture techniques, focusing on the creation of bioactive proteins for food applications. Asterix Foods aims to provide scalable, functional, and complex proteins that are derived from plant cell cultures, offering an animal-free alternative for consumers.

Kredibank

Seed Round in 2022
Kredi is a neo bank building Africa's one-stop shop for digital financial services. Kredi is a platform that eliminates all the challenges of using multiple applications and allows users to manage all aspects of their financial lives. We are fully licensed by the Central Bank of Nigeria. We provide access to digital financial services such as savings, credit, payment, investments, and insurance to all consumers in Nigeria in one place.

Ingrediome

Seed Round in 2022
Ingrediome focuses on producing key animal proteins to revolutionize meat alternatives. Ingrediome was founded in 2022 and was headquartered in Ness Ziona, Israel.

BizBaz

Seed Round in 2022
BizBaz is a provider of financial intelligence solutions tailored for financial institutions, fintech firms, e-commerce, and telecommunications companies across Asia. With teams located in Singapore, Israel, Vietnam, the Philippines, and Malaysia, the company specializes in a comprehensive range of services, including risk assessment, alternative credit scoring, fraud detection, electronic Know Your Customer (eKYC) processes, and financial product aggregation and recommendation systems. BizBaz aims to empower businesses by offering reliable financial and customer intelligence, particularly focusing on engaging unbanked and underserved populations.

Nearpeer.org

Seed Round in 2022
Nearpeer is an Ed-tech platform that aims to provide high-quality education at a low price through technology in Pakistan and the Middle East. Having started with the vision of improving the educational landscape of Pakistan, Nearpeer has already been expanding globally within the first few years of its journey. Students get highly customized and engaging video lectures, a lot of practice material, 24/7 community access, and assignments to solve, once they enroll in the online courses. With 90% students from Pakistan, Nearpeer has crafted a distinguished brand in the test prep market by offering full preparation program of MCAT, CSS, SAT, CA, ACCA, and others - and then it expanded into other domains like Intermediate and high-school secondary tuition market, skill-based courses, and B2B partnership. After Pakistan, the company aims to expand into middle eastern countries with similar opportunity and market dynamics in place. It is a BYJUS from Pakistan with even better content production speed and Blitzscale in its core DNA.

GetFundedAfrica

Seed Round in 2022
GetFundedAfrica's mission is to help Africa’s most promising startups find funding, grow & solve society’s greatest challenges. We uplift people and economies in Africa through Partner Matching, Insightful Data, Goal-Oriented Group Cohorts, Venture Building, Market Places, Guided Advisory, Founders Communities, Shared Workspaces, Workforce Management, Consulting, Learning, Events, News, Entertainment and much more

Treepz

Seed Round in 2022
Treepz is a technology-driven transportation company focused on enhancing mobility across Africa. Founded in 2019 and headquartered in Ontario, Canada, Treepz operates in Nigeria, Ghana, Uganda, and Kenya, providing users with a reliable and comfortable commuting experience. Its application allows users to book trips for daily, inter-city, or corporate travel at the tap of a button. The platform offers features such as vehicle assistants, licensed drivers, and e-wallet payments, ensuring that users can book and pay for fast and convenient trips in real-time. Through its innovative approach, Treepz aims to create a safer and more efficient transportation system for commuters in the region.

MarketForce

Series A in 2022
MarketForce is a technology company headquartered in the United States, with operations in Kenya and Nigeria, focused on enhancing B2B commerce and fintech solutions for African merchants. Launched in 2018, the company has developed the "RejaReja" platform, which allows merchants to digitally source, order, and pay for inventory. In addition to these services, MarketForce offers access to financing, enables digital payment collection, and allows merchants to resell digital financial services like airtime and utility tokens. Operating in five markets across Sub-Saharan Africa, MarketForce has established a rapidly growing network that includes over 200,000 merchants and 50 consumer brands. The company employs an asset-light business model to drive efficiency and productivity in the distribution of goods, utilizing advanced technology to streamline operations for its users.

Treepz

Convertible Note in 2021
Treepz is a technology-driven transportation company focused on enhancing mobility across Africa. Founded in 2019 and headquartered in Ontario, Canada, Treepz operates in Nigeria, Ghana, Uganda, and Kenya, providing users with a reliable and comfortable commuting experience. Its application allows users to book trips for daily, inter-city, or corporate travel at the tap of a button. The platform offers features such as vehicle assistants, licensed drivers, and e-wallet payments, ensuring that users can book and pay for fast and convenient trips in real-time. Through its innovative approach, Treepz aims to create a safer and more efficient transportation system for commuters in the region.

MarketForce

Seed Round in 2021
MarketForce is a technology company headquartered in the United States, with operations in Kenya and Nigeria, focused on enhancing B2B commerce and fintech solutions for African merchants. Launched in 2018, the company has developed the "RejaReja" platform, which allows merchants to digitally source, order, and pay for inventory. In addition to these services, MarketForce offers access to financing, enables digital payment collection, and allows merchants to resell digital financial services like airtime and utility tokens. Operating in five markets across Sub-Saharan Africa, MarketForce has established a rapidly growing network that includes over 200,000 merchants and 50 consumer brands. The company employs an asset-light business model to drive efficiency and productivity in the distribution of goods, utilizing advanced technology to streamline operations for its users.

Treepz

Seed Round in 2021
Treepz is a technology-driven transportation company focused on enhancing mobility across Africa. Founded in 2019 and headquartered in Ontario, Canada, Treepz operates in Nigeria, Ghana, Uganda, and Kenya, providing users with a reliable and comfortable commuting experience. Its application allows users to book trips for daily, inter-city, or corporate travel at the tap of a button. The platform offers features such as vehicle assistants, licensed drivers, and e-wallet payments, ensuring that users can book and pay for fast and convenient trips in real-time. Through its innovative approach, Treepz aims to create a safer and more efficient transportation system for commuters in the region.

BizBaz

Seed Round in 2021
BizBaz is a provider of financial intelligence solutions tailored for financial institutions, fintech firms, e-commerce, and telecommunications companies across Asia. With teams located in Singapore, Israel, Vietnam, the Philippines, and Malaysia, the company specializes in a comprehensive range of services, including risk assessment, alternative credit scoring, fraud detection, electronic Know Your Customer (eKYC) processes, and financial product aggregation and recommendation systems. BizBaz aims to empower businesses by offering reliable financial and customer intelligence, particularly focusing on engaging unbanked and underserved populations.

BizBaz

Convertible Note in 2021
BizBaz is a provider of financial intelligence solutions tailored for financial institutions, fintech firms, e-commerce, and telecommunications companies across Asia. With teams located in Singapore, Israel, Vietnam, the Philippines, and Malaysia, the company specializes in a comprehensive range of services, including risk assessment, alternative credit scoring, fraud detection, electronic Know Your Customer (eKYC) processes, and financial product aggregation and recommendation systems. BizBaz aims to empower businesses by offering reliable financial and customer intelligence, particularly focusing on engaging unbanked and underserved populations.

viACT

Seed Round in 2021
viAct is an innovative AI company that specializes in providing scenario-based vision intelligence solutions tailored for the architecture, engineering, and construction (AEC) industry across Asia, Europe, and the Middle East. Established in 2016, viAct has successfully implemented hundreds of deployments, utilizing its proprietary AI algorithms to deliver detailed insights into job sites. The company's suite of over 30 pre-built AI modules empowers stakeholders to enhance personnel safety, minimize accidents, optimize operational costs, and monitor compliance with environmental regulations. By tracking site activities and assessing safety measures, viAct plays a crucial role in improving efficiency and safety standards within the construction sector.

Diptera.ai

Seed Round in 2021
Diptera.ai is a Jerusalem-based company specializing in innovative mosquito control solutions. The firm has developed a technology that employs the sterile insect technique, utilizing advanced optics, computer vision, and artificial intelligence. Its ready-to-use module is designed to release sterile male mosquitoes over several weeks, allowing municipal corporations to implement large-scale mosquito control initiatives effectively. This approach eliminates the need for traditional mosquito rearing and sorting facilities, making the technology more affordable and accessible for municipalities. By focusing on biological solutions, Diptera.ai aims to address the challenges posed by mosquito-borne diseases and improve public health outcomes.

viACT

Seed Round in 2020
viAct is an innovative AI company that specializes in providing scenario-based vision intelligence solutions tailored for the architecture, engineering, and construction (AEC) industry across Asia, Europe, and the Middle East. Established in 2016, viAct has successfully implemented hundreds of deployments, utilizing its proprietary AI algorithms to deliver detailed insights into job sites. The company's suite of over 30 pre-built AI modules empowers stakeholders to enhance personnel safety, minimize accidents, optimize operational costs, and monitor compliance with environmental regulations. By tracking site activities and assessing safety measures, viAct plays a crucial role in improving efficiency and safety standards within the construction sector.

Diptera.ai

Pre Seed Round in 2020
Diptera.ai is a Jerusalem-based company specializing in innovative mosquito control solutions. The firm has developed a technology that employs the sterile insect technique, utilizing advanced optics, computer vision, and artificial intelligence. Its ready-to-use module is designed to release sterile male mosquitoes over several weeks, allowing municipal corporations to implement large-scale mosquito control initiatives effectively. This approach eliminates the need for traditional mosquito rearing and sorting facilities, making the technology more affordable and accessible for municipalities. By focusing on biological solutions, Diptera.ai aims to address the challenges posed by mosquito-borne diseases and improve public health outcomes.

viACT

Angel Round in 2020
viAct is an innovative AI company that specializes in providing scenario-based vision intelligence solutions tailored for the architecture, engineering, and construction (AEC) industry across Asia, Europe, and the Middle East. Established in 2016, viAct has successfully implemented hundreds of deployments, utilizing its proprietary AI algorithms to deliver detailed insights into job sites. The company's suite of over 30 pre-built AI modules empowers stakeholders to enhance personnel safety, minimize accidents, optimize operational costs, and monitor compliance with environmental regulations. By tracking site activities and assessing safety measures, viAct plays a crucial role in improving efficiency and safety standards within the construction sector.

VeriSmart

Seed Round in 2020
VeriSmart is an innovative company focused on developing an identity blockchain platform aimed at automating and standardizing the Know Your Customer (KYC) and compliance processes for various institutions. Founded in 2012 and headquartered in Palo Alto, California, with additional offices in Dubai and Delhi, the company offers a range of services including cognitive assessments, anti-money laundering checks, instant transaction verification, and user behavior predictions. Its platform enables institutions such as banks, telecom companies, and educational organizations to streamline identity verification, eliminating the need for repetitive KYC procedures across multiple platforms. By creating a seamless integration that functions like a simplified sign-up process, VeriSmart enhances user experience while ensuring compliance with regulatory requirements. The company has garnered significant traction in markets across India, the UAE, and the US, collaborating with multiple banks and financial institutions to establish a robust network for identity sharing and verification.

NuLeaf Tech

Convertible Note in 2019
NuLeaf Tech, Inc. is a bioengineering company based in Cupertino, California, founded in 2015. It specializes in manufacturing innovative wastewater treatment systems and solar cells tailored for breweries, wineries, and other agricultural producers. The company addresses the growing demand for off-grid water solutions amidst the decline of traditional on-grid treatment plants, particularly in low-income communities. One of its flagship products, the NuTree, is a modular on-site wastewater treatment device that utilizes natural processes to treat and recycle wastewater affordably and effectively. Designed for ease of maintenance, similar to a fish tank or small garden, the NuTree can be scaled to accommodate the needs of individual households or larger businesses. This system supports a circular, zero-waste approach, enabling users to convert wastewater into nutrient-rich water for bioenergy and vertical farming. With a significant market potential in the United States, particularly in the Pacific Northwest, NuLeaf Tech aims to empower communities by providing sustainable and efficient water treatment solutions.

viACT

Seed Round in 2019
viAct is an innovative AI company that specializes in providing scenario-based vision intelligence solutions tailored for the architecture, engineering, and construction (AEC) industry across Asia, Europe, and the Middle East. Established in 2016, viAct has successfully implemented hundreds of deployments, utilizing its proprietary AI algorithms to deliver detailed insights into job sites. The company's suite of over 30 pre-built AI modules empowers stakeholders to enhance personnel safety, minimize accidents, optimize operational costs, and monitor compliance with environmental regulations. By tracking site activities and assessing safety measures, viAct plays a crucial role in improving efficiency and safety standards within the construction sector.

Sempo

Pre Seed Round in 2019
Sempo is dedicated to improving the lives of vulnerable communities through the implementation of cash transfer solutions. The organization focuses on providing direct financial assistance to individuals in need, recognizing that unconditional cash transfers empower recipients by allowing them to choose what they truly require. This approach addresses a common shortfall in humanitarian aid, where resources are often misallocated. Sempo's end-to-end cash transfer platform is specifically designed for refugees who lack access to traditional banking services, as well as for non-governmental organizations and small businesses in remote areas. By facilitating smooth transactions without the need for bank details, Sempo aims to enhance the effectiveness of aid, promote dignity among recipients, and foster long-term self-sufficiency in affected communities.

Olly Smart Credit Card

Seed Round in 2018
Olly is a digital credit card for India's working masses and young people. Today, Olly has come full-circle in Egypt extending the product offering to the youth market here and its been well received by the Egyptian student audience.

NuLeaf Tech

Seed Round in 2018
NuLeaf Tech, Inc. is a bioengineering company based in Cupertino, California, founded in 2015. It specializes in manufacturing innovative wastewater treatment systems and solar cells tailored for breweries, wineries, and other agricultural producers. The company addresses the growing demand for off-grid water solutions amidst the decline of traditional on-grid treatment plants, particularly in low-income communities. One of its flagship products, the NuTree, is a modular on-site wastewater treatment device that utilizes natural processes to treat and recycle wastewater affordably and effectively. Designed for ease of maintenance, similar to a fish tank or small garden, the NuTree can be scaled to accommodate the needs of individual households or larger businesses. This system supports a circular, zero-waste approach, enabling users to convert wastewater into nutrient-rich water for bioenergy and vertical farming. With a significant market potential in the United States, particularly in the Pacific Northwest, NuLeaf Tech aims to empower communities by providing sustainable and efficient water treatment solutions.

MIFON

Seed Round in 2018
MIFON Labs PTE. Ltd., founded in 2016 and based in Singapore, is an Insurtech security company that specializes in mobile security applications designed to assist users in recovering lost or stolen mobile phones without requiring power or internet connectivity. The company primarily targets mobile-first users across India, Southeast Asia, the Middle East, and Africa, currently protecting over 300,000 smartphones. Its user base consists of approximately 75% B2B partnerships with handset brands and mobile carriers, while 25% are organic users. MIFON employs machine learning algorithms to process billions of data points, enhancing user safety and security. The majority of its users, about 70%, are located in India, with 10% in the USA and the remaining 15% spread across South Asia and the Middle East and North Africa. MIFON is backed by notable investors, including VC SOSV, Mobile Only Accelerator MOX, and General Mobi from Mediatek.

UBA Biologix

Seed Round in 2017
UBA Biologix specializes in developing advanced water treatment systems that utilize biological processes to effectively break down and remove contaminants from mining and industrial wastewater. The company is contracted by notable mining firms, including Anglo American, to address toxic chemicals such as sulfates and selenium in effluent, transforming these harmful substances into valuable, marketable products. Initially focused on reducing sulfate levels in mine wastewater in South Africa, UBA Biologix has expanded its services to offer customized solutions for a variety of water contaminants on a global scale, particularly in the coal, gold, and platinum mining sectors. Through its organic bioremediation systems, UBA Biologix aims to promote environmental sustainability while meeting the specific needs of its clients.

NuLeaf Tech

Pre Seed Round in 2017
NuLeaf Tech, Inc. is a bioengineering company based in Cupertino, California, founded in 2015. It specializes in manufacturing innovative wastewater treatment systems and solar cells tailored for breweries, wineries, and other agricultural producers. The company addresses the growing demand for off-grid water solutions amidst the decline of traditional on-grid treatment plants, particularly in low-income communities. One of its flagship products, the NuTree, is a modular on-site wastewater treatment device that utilizes natural processes to treat and recycle wastewater affordably and effectively. Designed for ease of maintenance, similar to a fish tank or small garden, the NuTree can be scaled to accommodate the needs of individual households or larger businesses. This system supports a circular, zero-waste approach, enabling users to convert wastewater into nutrient-rich water for bioenergy and vertical farming. With a significant market potential in the United States, particularly in the Pacific Northwest, NuLeaf Tech aims to empower communities by providing sustainable and efficient water treatment solutions.

BitMEX

Seed Round in 2015
BitMEX is a peer-to-peer cryptocurrency trading platform that specializes in derivatives. It provides a space for users to engage in leveraged trading through perpetual and fixed-date contracts. The platform allows trading in various cryptocurrency derivatives, including options and futures, facilitating easier access to these financial instruments for its users. BitMEX is owned and operated by HDR Global Trading Limited, which is incorporated in the Republic of Seychelles.

MarketForce

MarketForce is a technology company headquartered in the United States, with operations in Kenya and Nigeria, focused on enhancing B2B commerce and fintech solutions for African merchants. Launched in 2018, the company has developed the "RejaReja" platform, which allows merchants to digitally source, order, and pay for inventory. In addition to these services, MarketForce offers access to financing, enables digital payment collection, and allows merchants to resell digital financial services like airtime and utility tokens. Operating in five markets across Sub-Saharan Africa, MarketForce has established a rapidly growing network that includes over 200,000 merchants and 50 consumer brands. The company employs an asset-light business model to drive efficiency and productivity in the distribution of goods, utilizing advanced technology to streamline operations for its users.
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