Savannah Fund

Founded in 2012, Savannah Fund is a seed capital firm specializing in investments ranging from US$25,000 to US$500,000 in early-stage, high-growth technology startups across sub-Saharan Africa. Initially focused on East Africa, the fund aims to bridge the early-stage investment gap by combining capital with mentor networks both locally and internationally through an accelerator program.

Tommy Chia

Venture Partner

Past deals in Sub Saharan Africa

Hohm Energy

Seed Round in 2024
Founded in 2021, Hohm Energy is a South Africa-based company that operates an online marketplace connecting customers with accredited solar providers, product suppliers, and financiers. Through scalable technology, it manages the entire solar transition journey, from initial scoping to installation, operations, and maintenance.

Smile ID (formerly Smile Identity)

Pre Seed Round in 2017
Smile Identity Inc. is a technology company based in San Francisco, California, that focuses on identity verification solutions. Founded in 2016, the company has developed an application called SmartSelfie, which allows users to create a universal biometric for authentication on Android devices. The team comprises engineers and financial services professionals from both the United States and Africa, bringing expertise in global markets with a focus on highly regulated environments. Smile Identity has developed advanced encryption, authentication, and security solutions, as well as image processing technology. The company has experience working with telecoms, lenders, banks, and startups, enabling them to understand the unique challenges faced by consumers and enterprises in Africa. With support from prominent investors in Silicon Valley and Africa, Smile Identity has established a pan-African presence, operating in countries such as South Africa, Nigeria, Kenya, Ghana, and Rwanda.

Lidya

Seed Round in 2017
Lidya is a financial services platform focused on small and medium enterprises in Nigeria, enabling online account opening, funds management, credit building, and access to working capital. Founded in 2016 and based in Lagos, the company uses mobile-first technology and proprietary credit scoring to help SMEs open accounts quickly, manage receivables and cash flow, and secure affordable credit with higher limits as their credit profiles improve.

Sendy

Seed Round in 2015
Sendy operates a logistics platform that simplifies delivery processes for businesses. Founded in 2014, it offers door-to-door delivery services for e-commerce, optimizes logistics for manufacturers and distributors, and provides access to multiple transporters.

Golix

Seed Round in 2015
Golix, founded in December 2014 as BitFinance in Zimbabwe, began as a cryptocurrency platform aimed at giving users financial autonomy through digital currencies. It operated as a bitcoin trading platform with the ability to buy and sell bitcoins via mobile money or online banking, and provided a cloud-based interface to manage accounts, enabling users to liquidate or purchase bitcoins. The service expanded to support other cryptocurrencies such as Ethereum and Litecoin and offered wallet services. Golix faced regulatory pressure from the Reserve Bank of Zimbabwe, including directives to halt trading, and eventually ceased operations and sold remaining assets in October 2019; in January 2021 the brand was relaunched as a cryptocurrency price-tracking platform under the same name.

Angani Limited

Seed Round in 2015
Founded in 2013, Angani Limited offers public cloud computing services across East Africa. It provides virtual machines, turnkey solutions, hardware procurement, maintenance, and power cooling services.

CardPlanet Solutions

Seed Round in 2014
CardPlanet Solutions Limited, established in 2011 and headquartered in Nairobi, Kenya, specializes in developing and marketing proprietary cloud-based personal information solutions. The company offers a range of products including InstAid, a platform enabling organizations to create, manage, and distribute medical and nutritional e-vouchers via mobile phones; PesaCard, an electronic wallet linked to mobile money for financial empowerment of children and youth; CampoCard, an official identification and access card for university students, faculty, and staff; and Fuel and Loyalty Programs, a rewards system allowing users to earn points and discounts for daily activities. These solutions aim to increase efficiency, convenience, security, and cost savings across health, identity, payments, and loyalty sectors.

BabyGroup

Series A in 2014
BabyGroup is an e-commerce company based in Cape Town, South Africa, that specializes in providing a comprehensive online shopping platform for parents and parents-to-be. Founded in 2012, the company offers a wide range of products, including baby clothing, carriers, toys, and essential baby-care items. By focusing on the needs of families, BabyGroup aims to create a convenient shopping experience where users can find all baby-related products in one place. In addition to its retail offerings, the company integrates elements of social networking to enhance customer engagement and support.

Zevan Limited

Angel Round in 2014
Zevan Limited is a mobile-based trading platform based in Nairobi, Kenya, established in 2012. The company facilitates the procurement of raw materials for hotels and food processors by connecting them with small-scale farmers. Its platform serves as a vital link between agricultural producers and various stakeholders, including input providers, end markets, and logistical services such as warehousing and transportation. By streamlining the supply chain, Zevan Limited enhances the accessibility of agricultural products, fostering stronger connections between producers and consumers.

UniSmart

Seed Round in 2014
UniSmart is a technology company that develops a web and mobile discount discovery platform focused on connecting verified African students, particularly in Nigeria, with a range of discounted offers. Founded in 2014 and headquartered in Nigeria, UniSmart facilitates interactions between students and retailers, allowing students to redeem perks at the point of sale both online and in physical stores. The platform not only serves local merchants but also enables global brands to engage with the student demographic, enhancing access to various products and services through attractive discounts.

Ahonya

Seed Round in 2014
Ahonya is a leading online shopping platform in Ghana, dedicated to providing consumers with access to a wide range of high-quality electronics and other products. The company's marketplace facilitates the purchase of items such as laptops, mobile phones, cameras, tablets, and PC accessories, along with clothing and accessories. With a commitment to offering genuine products at competitive prices, Ahonya enables customers to shop conveniently from home, benefiting from doorstep delivery services. The platform aims to streamline the online shopping experience, making it easier for consumers to find and buy the products they need in a timely manner.

Paykind

Seed Round in 2013
They started in early 2013 as a platform that allowed parents to send money to their children in boarding schools in Kenya. Using the M-Pesa mobile money platform layered on top of NFC powered student IDs, They were able to help parents send money allocated specifically for educational supplies and food electronically to their children. Realizing the potential of electronic money transfers tied specifically to allocated expenses, They pivoted in September 2013 from student payment cards to electronic educational, medical and nutritional vouchers. Today Their main product is Paykind, an online e-voucher platform that enables individuals and organizations to send highly specified remittance packages using mobile phone technology.

Zatiti

Seed Round in 2013
Zatiti is a mobile e-commerce website builder based in Nairobi, Kenya, established in 2013. The company enables users to create and manage online shops easily, offering a content management system that facilitates product uploads and page creation. Zatiti specializes in designing custom templates, allowing merchants to develop unique online shops that effectively promote their brands. By providing a platform for hassle-free trading, Zatiti helps organizations establish their online presence and streamline the process of selling products.

Kola Studios

Seed Round in 2013
Kola Studios is a mobile game developer based in Uganda, known for popularizing a local card game. In addition to game development, the company creates mobile applications aimed at data integration and business enhancements. Kola Studios focuses on providing custom applications that meet specific client needs, ensuring quality analysis to facilitate product launches and brand identity creation. Through its innovative approach, Kola Studios contributes to the local gaming industry while also addressing broader application development demands.

Eneza Education

Seed Round in 2013
Eneza Education Limited, established in 2011 and based in Nairobi, Kenya, provides mobile-based educational services designed to enhance learning accessibility across the country. The company offers a virtual tutor and teacher's assistant that facilitates access to courses and assessments for students and teachers through various platforms, including USSD/SMS, online web applications, an offline desktop application, and an Android app. Eneza Education’s offerings include locally-aligned tutorials, tips, and assessments, complemented by features such as a leaderboard, Wikipedia text, and live teacher chat. The company's content, developed by Kenyan teachers, targets students from primary to secondary levels, promoting comprehensive, on-demand educational support to improve academic performance. Eneza Education operates as a subsidiary of M-Prep Inc.

Copia Global

Seed Round in 2013
Copia Global Inc. is an e-commerce company based in Nairobi, Kenya, founded in 2013. It provides an innovative application that allows users to browse and order products from local shopkeepers, facilitating access to a wide range of quality goods for consumers in the developing world. The platform is designed to empower middle to low-income Africans by enabling them to make purchases without needing direct internet access. Copia Global leverages mobile technologies and a network of local agents to serve as distribution points, ensuring efficient delivery of products at consumers' convenience. The application also incorporates a mobile payment system, allowing shopkeepers to fulfill customer orders seamlessly.
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