Blue Haven Initiative
Blue Haven Initiative is a family office. It is a private equity and venture capital specializing in investments in early venture, equity, real assets, hedge funds, fixed income, debt, and hybrid structures. The firm primarily invests in innovative businesses and sectors such as green real estate, renewable energy, financial services, fintech, waste management, agriculture, and life sciences. It invests globally. The firm invests minimum $0.5 million. The firm invests in publicly equity, fixed income markets and traditional asset classes through third-party investment managers. Blue Haven Initiative was founded in 2012 and is based in Cambridge, Massachusetts.
Past deals in Ghana
M-KOPA
Private Equity Round in 2023
M-KOPA Kenya Limited develops and markets solar home systems. It offers solar systems with three lights, phone charging, and a solar powered radio. The company sells its products through dealers and retail shops in Kenya. It offers M-KOPA 5, KOPA 6, KOPA 600, and KOPA 6000. M-KOPA Kenya Limited was founded in 2011 and is based in Nairobi, Kenya. M-KOPA Kenya Limited operates as a subsidiary of M-Kopa, LLC.
Ecopost Limited
Seed Round in 2013
Ecopost Limited manufactures plastic lumber products for residential and commercial applications. The company offers fencing items and accessories, such as barbed wires, chain links, u-nails, straight nails, and galvanized line wires. Its products are used in fencing, road signage, cattle enclosures, playgrounds, garages, home gardens and landscaping, and outdoor furniture applications. The company was founded in 2009 and is based in Nairobi, Kenya.
Pivot Works
Series A in 2012
Pivot Works is a city-scale treatment solution that converts human waste into renewable fuel. By creating fuel from waste and selling to industrial customers like cement companies, Pivot Works shifts the cost burden of sanitation away from poor urban citizens.
Pivot Works was founded by Ashley Muspratt and is based in Kigali, Rwanda.
Twiga Foods Ltd.
Series A in 2017
Twiga is a mobile-based supply platform for Africa’s retail outlets, kiosks, and market stalls. The company is using a mobile-based, cashless, business-to-business (B2B) supply platform to access distribution into the millions of small and medium-sized vendors in African urban markets.
Founded in 2013, Twiga is based in Nairobi, Kenya.
PaxVax
Series B in 2013
PaxVax is a vaccine start-up company developing candidate oral vaccines for influenza, and key infectious diseases. It has developed a proprietary oral vaccine technology based on a common virus called adenovirus. The technology removes the delivery hurdles of traditional injectable vaccines, namely the need for cold storage, needles, and administration by medical personnel.
PaxVax was founded in 2007 and is headquartered in Gaithersburg, Maryland.
TIBU Health
Seed Round in 2021
TIBU Health is a disruptive HealthTech logistics company that provides high-quality healthcare services.
SmartProcure
Series B in 2014
SmartProcure, LLC provides information database of government purchase orders in the United States. It works with government agencies on various levels of government, local, state, and national to aggregate purchasing data and make it accessible to a community of agencies for better purchasing power. The company was founded in 2011 and is based in Deerfield Beach, Florida.
Umati Capital (Kenya) Limited
Series A in 2015
Umati Capital is a start-up financial services company that aims to revolutionize access to finance through the consistent and innovative use of technology.
Launched in September 2012, they are a non-bank financial institution focused on the provision of credit and related payment technologies.
They are currently focused within agri-business supply chains, retailer value chains and fast moving consumer goods manufacturers. They leverage proprietary technology to provide branchless financial services to small scale suppliers, trading companies and industrial processors.
PEG Africa
Series B in 2017
PEGAfrica is an asset financing company currently selling Pay As You Go solar energy products to off-grid customers in Ghana, Cote d'Ivoire, and Senegal. PEG’s Pay As You Go solar systems give our customers access to better quality light, mobile phone charging, and appliances like radios and televisions.
Hugh Whalan and Nate Heller founded PEG in 2013. It has its headquarters in Accra in Ghana.
Mosaic
Series B in 2013
Solar Mosaic enables the modern home possible by providing financing to homeowners for home improvement projects, including generating and storing their own solar energy as well as other energy-efficient upgrades. It empowers solar and home improvement professionals to deliver financing through a simple point-of-sale app creating a hassle-free and positive experience for both the contractor and homeowner.
Solar Mosaic was founded in 2010 and is headquartered in Oakland, California.
PaxVax
Series B in 2014
PaxVax is a vaccine start-up company developing candidate oral vaccines for influenza, and key infectious diseases. It has developed a proprietary oral vaccine technology based on a common virus called adenovirus. The technology removes the delivery hurdles of traditional injectable vaccines, namely the need for cold storage, needles, and administration by medical personnel.
PaxVax was founded in 2007 and is headquartered in Gaithersburg, Maryland.
CleanChoice Energy, Inc.
Series A in 2014
CleanChoice Energy, Inc. sources and supplies renewable energy to residential and commercial customers in Delaware, Illinois, Maryland, Massachusetts, New York, Ohio, Pennsylvania, and Washington, D.C. The company sources energy from wind and solar farms. Its product offers features, such as no changes in utility, regionally sourced, cancellation at any time, and nothing to install. CleanChoice Energy, Inc. was formerly known as Ethical Electric, Inc. and changed its name to CleanChoice Energy, Inc. in October 2016. The company was founded in 2011 and is based in Washington, District Of Columbia with an additional office in New York, New York.
Yusudi
Grant in 2019
Yusudi LTD provides training to youth and corporate organizations to contribute to the growth of the organization and the young person. It offers training for self-management, decision-making, critical thinking, emotional intelligence, networking, and business communication. The company was founded in 2016 and is based in Nairobi, Kenya.
PEG Africa
Series C in 2019
PEGAfrica is an asset financing company currently selling Pay As You Go solar energy products to off-grid customers in Ghana, Cote d'Ivoire, and Senegal. PEG’s Pay As You Go solar systems give our customers access to better quality light, mobile phone charging, and appliances like radios and televisions.
Hugh Whalan and Nate Heller founded PEG in 2013. It has its headquarters in Accra in Ghana.
Shortlist
Series A in 2019
Shortlist works in India and East Africa to help growing enterprises hire based on skills and potential, rather than pedigree. The Shortlist platform screens candidates using predictive chat-based interviews and online competency-based assessments, letting employers skips the most time-consuming and bias-prone phases of hiring.
Pivot Works
Series B in 2014
Pivot Works is a city-scale treatment solution that converts human waste into renewable fuel. By creating fuel from waste and selling to industrial customers like cement companies, Pivot Works shifts the cost burden of sanitation away from poor urban citizens.
Pivot Works was founded by Ashley Muspratt and is based in Kigali, Rwanda.
Field Intelligence
Series A in 2020
Field Intelligence, Inc. provides a cloud based application to monitor, manage, and monetize asset ecosystem in real time. The company was founded in 2010 and is based in San Diego, California. As of July 24, 2019, Field Intelligence, Inc. operates as a subsidiary of Network Innovations Inc.
M-KOPA
Series D in 2015
M-KOPA Kenya Limited develops and markets solar home systems. It offers solar systems with three lights, phone charging, and a solar powered radio. The company sells its products through dealers and retail shops in Kenya. It offers M-KOPA 5, KOPA 6, KOPA 600, and KOPA 6000. M-KOPA Kenya Limited was founded in 2011 and is based in Nairobi, Kenya. M-KOPA Kenya Limited operates as a subsidiary of M-Kopa, LLC.
PEG Africa
Series A in 2016
PEGAfrica is an asset financing company currently selling Pay As You Go solar energy products to off-grid customers in Ghana, Cote d'Ivoire, and Senegal. PEG’s Pay As You Go solar systems give our customers access to better quality light, mobile phone charging, and appliances like radios and televisions.
Hugh Whalan and Nate Heller founded PEG in 2013. It has its headquarters in Accra in Ghana.
PEG Africa
Series A in 2016
PEGAfrica is an asset financing company currently selling Pay As You Go solar energy products to off-grid customers in Ghana, Cote d'Ivoire, and Senegal. PEG’s Pay As You Go solar systems give our customers access to better quality light, mobile phone charging, and appliances like radios and televisions.
Hugh Whalan and Nate Heller founded PEG in 2013. It has its headquarters in Accra in Ghana.