Lemonade Payments
Pre Seed Round in 2024
Lemonade Payments operates a digital payment platform that facilitates secure and private transactions across Africa. The company focuses on protecting user privacy, allowing individuals and businesses to make and receive payments without revealing personal information. Lemonade Payments aims to enhance the financial transaction experience by offering a seamless, user-friendly interface that accommodates various payment methods. It serves a diverse clientele, including those wishing to send money across borders to countries such as India, China, Pakistan, Nigeria, Ghana, and Kenya. The platform also includes features for secure money transfers, invoicing, and reporting. Customer support is a key priority, with multiple channels available to ensure a smooth and efficient service for all users.
HubIQ
Pre Seed Round in 2023
HubIQ is a logistics company based in Kenya and the United States, focused on enhancing supply chain management for small and medium-sized enterprises (SMEs) in Kenya and East Africa. The company offers a comprehensive platform that integrates warehousing, transportation, and delivery services, utilizing a network of strategically located hubs to optimize last-mile delivery. By providing cost-effective solutions, HubIQ enables businesses in sectors such as manufacturing, distribution, and e-commerce to reduce operational costs and improve overall efficiency, thereby empowering them to succeed in the digital marketplace.
Vutia
Pre Seed Round in 2023
Vutia is a B2B cosmetic marketplace based in Kenya that facilitates the distribution of beauty and personal care products to informal retailers, beauty salons, spas, and beauty shops. The company operates a tech-enabled platform that connects these informal traders with leading brands and suppliers. By pre-purchasing products from manufacturers, Vutia ensures that retailers have access to a wide range of quality cosmetics and beauty items. This innovative approach addresses the needs of informal market vendors in Africa, streamlining the supply chain and enhancing the availability of sought-after beauty products.
Mangwee
Seed Round in 2020
Mangwee is a mobile money transfer platform focused on enhancing financial inclusion, particularly in rural areas of Zambia and Africa. The company offers a secure and affordable payment solution that aims to facilitate a cash-light economy. Beyond basic money transfers, Mangwee has developed an ecosystem of applications designed to improve the lives of various demographics, including women, farmers, youths, and the economically disadvantaged. Additionally, the platform features an electronic wallet service tailored for university students, which aims to reduce the cost of mobile money transactions and enables users to transfer funds conveniently via their mobile phones at any time and from any location.
Mangwee
Non Equity Assistance in 2019
Mangwee is a mobile money transfer platform focused on enhancing financial inclusion, particularly in rural areas of Zambia and Africa. The company offers a secure and affordable payment solution that aims to facilitate a cash-light economy. Beyond basic money transfers, Mangwee has developed an ecosystem of applications designed to improve the lives of various demographics, including women, farmers, youths, and the economically disadvantaged. Additionally, the platform features an electronic wallet service tailored for university students, which aims to reduce the cost of mobile money transactions and enables users to transfer funds conveniently via their mobile phones at any time and from any location.
Dr CADx
Seed Round in 2019
Dr CADx is an artificial intelligence-based healthcare company founded in 2016 and based in Bulawayo, Zimbabwe. The company specializes in developing a platform that utilizes deep learning algorithms to enhance the accuracy of medical image diagnosis. By employing advanced computer-aided diagnostic systems, Dr CADx assists healthcare professionals in interpreting medical images and recognizing disease patterns more effectively. This innovative approach aims to improve diagnostic precision while reducing costs, ultimately supporting better patient care.
Kakbima
Seed Round in 2019
Kakbima Ltd. is an insurtech company based in Nairobi, Kenya, established in 2017. It offers a software-as-a-service platform designed to revolutionize the insurance landscape by connecting insurers, distribution partners, and customers. The platform facilitates the management and distribution of insurance and micro-insurance products, allowing individuals, agents, brokers, and micro-insurers to access and manage policies, claims, and premiums digitally. Kakbima's solution simplifies the insurance process by breaking down functions into individual services, enabling seamless deployment and maintenance. This innovative approach not only supports the development of flexible insurance products but also accelerates growth for existing businesses and enhances global consumer coverage. The company's goal is to make insurance accessible to anyone with internet access, thereby transforming how insurance is bought, managed, and sold.
BeBlocky
Pre Seed Round in 2019
BeBlocky, Inc. is an educational technology company based in Addis Ababa, Ethiopia, dedicated to teaching children the fundamentals of programming and robotics. Founded in 2017, BeBlocky has created an engaging learning application that employs a gamified approach to coding education. Inspired by the widely used Scratch Programming Language, the platform utilizes graphical programming blocks that allow children to learn coding by dragging and snapping these blocks together to solve puzzles with the character, Blockys. This interactive and intuitive design enables users to learn at their own pace, making programming accessible to young learners across Africa. By offering coding tutorials as users progress through lessons, BeBlocky aims to address the continent's shortage of developers and equip future generations with essential technological skills.