Zipporah Gakuu

Investment Analyst

Vera Wachira

Investment Manager

36 past transactions

VictoryFarms

Series B in 2023
Operator of vertically integrated fish protein platform intended to provide affordable, accessible, and healthy protein to the East African population. The company operates genetics research, breeding and hatchery, production and offshore cage management, processing of fish, cold chain, and distribution of fish, enabling customers to get access to good quality fish.

Kwara

Seed Round in 2023
Kwara GmbH is a Berlin-based company that develops a digital banking platform specifically designed for savings and credit co-operative societies (SACCOs). Founded in 2018, Kwara provides a cloud-based platform that facilitates loan application servicing and approval for members, alongside integration services, customer support, and real-time financial tracking. The platform also includes compliance services and offers a product called Kwara Pronto for managing loans. By enabling cooperative financial institutions to connect with the formal financial system, Kwara aims to bolster the financial cooperative movement, which positively impacts millions of people. The company also has an office in Nairobi, Kenya, expanding its reach and support for these communities.

Kentaste

Venture Round in 2022
Kentaste Products Limited is a Kenyan company based in Nairobi, established in 2011, specializing in the processing, production, packaging, and distribution of coconut-based products. The company offers a diverse range of items, including virgin coconut oil, coconut milk, coconut cream, desiccated coconut, and coconut flour. Additionally, Kentaste produces an assortment of snacks and chips made from coconuts. Its products are widely available in supermarkets across Kenya, catering to customers who utilize these ingredients in various culinary applications such as sauces, drinks, curries, and desserts.

Zuri Health

Pre Seed Round in 2022
Zuri Health is a virtual hospital focused on delivering accessible healthcare solutions to patients across Sub-Saharan Africa. Through its mobile app, website, and an artificial intelligence-powered chatbot, Zuri Health allows users to consult with doctors, purchase medications, and book laboratory and diagnostic tests. The platform also offers telemedicine services and facilitates home visits from healthcare professionals. By providing these services via mobile technology, including SMS for those without smartphones, Zuri Health aims to reach individuals in rural and underserved areas, ensuring that affordable healthcare is accessible to a broader population.

Laboremus

Venture Round in 2022
Laboremus Uganda specializes in digital onboarding and Know Your Customer (KYC) solutions tailored for banks and fintech companies across Africa. The company has developed a financial onboarding platform that addresses significant challenges in facilitating credit access. This platform streamlines the due diligence process by automating key tasks, allowing customers to sign documents digitally and enabling online loan disbursement. As a result, Laboremus helps clients reduce the time required for credit decisions while enhancing customer engagement, ultimately promoting greater financial inclusion in the region.

Mr. Green Africa

Series B in 2022
Mr. Green Africa Ltd is a Nairobi-based company founded in 2014 that focuses on plastic recycling and waste management. The company aims to transform perceptions of waste into value by addressing social and environmental challenges through a sustainable business model. It specializes in the collection, conversion, and sale of post-consumer plastic waste, offering a variety of recycled materials, including rHDPE, rPP, and rPET pellets in multiple colors. Mr. Green Africa integrates informal waste workers and micro-entrepreneurs into a formal value chain, promoting economic growth while minimizing environmental impact. By providing pre-processed recycling materials with a traceable social and environmental impact, the company contributes to reducing the negative effects of plastic packaging on the environment.

Zembo

Seed Round in 2021
Zembo is a company focused on providing affordable electric motorcycles specifically designed for motorcycle taxi drivers in Africa, particularly in Uganda's boda-boda market. The business model includes a battery swapping system that allows drivers to exchange discharged batteries for fully charged ones at designated swap stations. This innovative approach not only ensures that customers have access to reliable transportation but also promotes environmental sustainability by offering an eco-friendly alternative with no carbon emissions or noise.

Twiga Foods

Series C in 2021
Twiga Foods Ltd. is a mobile-based supply platform that connects farmers and vendors in Africa's retail sector. Founded in 2013 and headquartered in Nairobi, Kenya, the company serves small and medium-sized retail outlets, kiosks, and market stalls by enabling them to order a variety of fresh produce, including bananas, pineapples, and tomatoes, through a cashless business-to-business platform. By bridging the gap between farmers and vendors, Twiga Foods aims to enhance access to quality food at competitive prices, thereby improving profit margins for both parties. The platform facilitates efficient distribution, making it easier for vendors to stock their businesses with necessary supplies while supporting local agriculture.

Ilara Health

Series A in 2020
Ilara Health, founded in 2018 and headquartered in Nairobi, Kenya, focuses on improving healthcare access in peri-urban and rural areas by providing AI-powered diagnostic devices. The company develops miniature diagnostic tools that integrate with a proprietary technology platform, allowing primary care doctors to deliver accurate and affordable diagnostics. By leveraging existing healthcare infrastructure, Ilara Health enables healthcare providers to record patient data through an electronic medical record system, enhancing the accessibility and reliability of diagnostic services. The company aims to transform primary care in underserved regions by making essential healthcare services more efficient and effective.

VictoryFarms

Venture Round in 2020
Operator of vertically integrated fish protein platform intended to provide affordable, accessible, and healthy protein to the East African population. The company operates genetics research, breeding and hatchery, production and offshore cage management, processing of fish, cold chain, and distribution of fish, enabling customers to get access to good quality fish.

Mr. Green Africa

Venture Round in 2020
Mr. Green Africa Ltd is a Nairobi-based company founded in 2014 that focuses on plastic recycling and waste management. The company aims to transform perceptions of waste into value by addressing social and environmental challenges through a sustainable business model. It specializes in the collection, conversion, and sale of post-consumer plastic waste, offering a variety of recycled materials, including rHDPE, rPP, and rPET pellets in multiple colors. Mr. Green Africa integrates informal waste workers and micro-entrepreneurs into a formal value chain, promoting economic growth while minimizing environmental impact. By providing pre-processed recycling materials with a traceable social and environmental impact, the company contributes to reducing the negative effects of plastic packaging on the environment.

Tanga Fresh

Private Equity Round in 2020
Tanga Fresh Ltd. is a milk processing company that also produces cheese and yoghurt. The company is based in Tanga, Tanzania.

Moringa School

Venture Round in 2020
Operator of a coding institution intended to develop technical skills among students. The company specializes in software engineering, data science, professional development and other courses through intensive rapid skills training programs, enabling the pupils and graduates to get full-time and part-time education options to learn and compete in the global digital economy.

Natural Extract Industries

Private Equity Round in 2019
Natural Extracts Industries Ltd manufactures vanilla and chocolate flavors ingredients. The company offers vanilla products, gourmet vanilla pods, and cocoa powder products, including Kilimanjaro Vanilla, Mbeya Cacao, Tanga Orange, Kibosho Coffee, and Kilombero Cinnamon under the brand EPICURIOUS HEDGEHOG. It also provides training services to farmers for vanilla crops. The company serves bakeries, dairy processors, cafes, and restaurants in East Africa, Europe, and North America. The company was founded in 2011 and is based in Moshi, Tanzania.

PowerGen Renewable Energy

Series B in 2019
PowerGen Renewable Energy specializes in providing energy solutions primarily in East Africa, catering to residential, community, commercial, and industrial customers. Established in 2011 and headquartered in Nairobi, Kenya, with additional offices in Arusha, Tanzania; Freetown, Sierra Leone; and Lagos, Nigeria, the company focuses on the development of microgrids and renewable energy systems, including photovoltaic and wind technologies. PowerGen offers a comprehensive suite of services, including consulting, engineering, procurement, construction, operation, maintenance, and financing, to support off-grid energy needs. By facilitating access to affordable and reliable power, PowerGen aims to empower communities that are not connected to national electricity networks, thereby enhancing their quality of life and economic opportunities.

Moringa School

Venture Round in 2019
Operator of a coding institution intended to develop technical skills among students. The company specializes in software engineering, data science, professional development and other courses through intensive rapid skills training programs, enabling the pupils and graduates to get full-time and part-time education options to learn and compete in the global digital economy.

Mr. Green Africa

Venture Round in 2019
Mr. Green Africa Ltd is a Nairobi-based company founded in 2014 that focuses on plastic recycling and waste management. The company aims to transform perceptions of waste into value by addressing social and environmental challenges through a sustainable business model. It specializes in the collection, conversion, and sale of post-consumer plastic waste, offering a variety of recycled materials, including rHDPE, rPP, and rPET pellets in multiple colors. Mr. Green Africa integrates informal waste workers and micro-entrepreneurs into a formal value chain, promoting economic growth while minimizing environmental impact. By providing pre-processed recycling materials with a traceable social and environmental impact, the company contributes to reducing the negative effects of plastic packaging on the environment.
Crop Nutrition Laboratory Services (CROPNUTS) is East Africa’s leading private agricultural services company. We provide our customers with world class laboratory, precision agriculture and soil fertility and fertilizer use advisory services. We partner with farmers to increase their profitability, by raising crop yields through better soil and fertilizer management, and by reducing their input costs through a combination of building healthy soils and adopting precision farming technology.

Jibu

Venture Round in 2019
Jibu focuses on addressing the water crisis in East Africa by enabling local entrepreneurs to establish businesses that treat and package safe drinking water in reusable bottles. With 450 million East Africans lacking reliable access to clean water, Jibu operates in the Democratic Republic of the Congo, Rwanda, and Uganda, with plans for future expansion. The company provides seed financing and essential resources to empower entrepreneurs to create affordable drinking water franchises, offering water at a price 75% lower than bottled options. This model not only delivers convenience through door-side delivery but also fosters financial independence and self-sustaining business practices within the community. By leveraging local ownership, Jibu aims to ensure that basic human necessities, starting with water, are accessible to all.

Kentaste

Private Equity Round in 2018
Kentaste Products Limited is a Kenyan company based in Nairobi, established in 2011, specializing in the processing, production, packaging, and distribution of coconut-based products. The company offers a diverse range of items, including virgin coconut oil, coconut milk, coconut cream, desiccated coconut, and coconut flour. Additionally, Kentaste produces an assortment of snacks and chips made from coconuts. Its products are widely available in supermarkets across Kenya, catering to customers who utilize these ingredients in various culinary applications such as sauces, drinks, curries, and desserts.

Twiga Foods

Series B in 2018
Twiga Foods Ltd. is a mobile-based supply platform that connects farmers and vendors in Africa's retail sector. Founded in 2013 and headquartered in Nairobi, Kenya, the company serves small and medium-sized retail outlets, kiosks, and market stalls by enabling them to order a variety of fresh produce, including bananas, pineapples, and tomatoes, through a cashless business-to-business platform. By bridging the gap between farmers and vendors, Twiga Foods aims to enhance access to quality food at competitive prices, thereby improving profit margins for both parties. The platform facilitates efficient distribution, making it easier for vendors to stock their businesses with necessary supplies while supporting local agriculture.

Sarura Commodities

Private Equity Round in 2018
Sarura Commodities Limited, established in 2012 and located in Kigali, Rwanda, is engaged in crop storage, grain trading, and commercial inventory-credit financing services. The company plays a pivotal role in linking smallholder farmers with local and international off-takers, including organizations like Africa Improved Foods and the World Food Program. In addition to facilitating trade, Sarura offers training in post-harvest management and connects farmers with essential services and input providers. This support aims to enhance the quality of grains produced and improve overall agricultural productivity for smallholder farmers in the region.

Sendy

Series A in 2018
Sendy Ltd. is a logistics platform based in Nairobi, Kenya, founded in 2014. The company specializes in providing on-demand door-to-door delivery services tailored for businesses of all sizes, including small, medium, and large enterprises. Through its user-friendly web platform, Sendy enables businesses to schedule, track, and pay for deliveries efficiently. The platform connects users with multiple transporters, allowing manufacturers and distributors to optimize their logistics operations. Additionally, Sendy offers features such as cashless payments and reporting tools, helping businesses manage their logistics more effectively and reduce costs.

Sendy

Seed Round in 2017
Sendy Ltd. is a logistics platform based in Nairobi, Kenya, founded in 2014. The company specializes in providing on-demand door-to-door delivery services tailored for businesses of all sizes, including small, medium, and large enterprises. Through its user-friendly web platform, Sendy enables businesses to schedule, track, and pay for deliveries efficiently. The platform connects users with multiple transporters, allowing manufacturers and distributors to optimize their logistics operations. Additionally, Sendy offers features such as cashless payments and reporting tools, helping businesses manage their logistics more effectively and reduce costs.

Twiga Foods

Series A in 2017
Twiga Foods Ltd. is a mobile-based supply platform that connects farmers and vendors in Africa's retail sector. Founded in 2013 and headquartered in Nairobi, Kenya, the company serves small and medium-sized retail outlets, kiosks, and market stalls by enabling them to order a variety of fresh produce, including bananas, pineapples, and tomatoes, through a cashless business-to-business platform. By bridging the gap between farmers and vendors, Twiga Foods aims to enhance access to quality food at competitive prices, thereby improving profit margins for both parties. The platform facilitates efficient distribution, making it easier for vendors to stock their businesses with necessary supplies while supporting local agriculture.

Africa Logistic Properties

Venture Round in 2017
Africa Logistics Properties (ALP) is the first integrated property investment and development property company dedicated to the modern grade-A logistics and industrial sector in Africa. Based in Nairobi, the management team includes senior property professionals with 20 years of industrial investment experience in emerging markets. ALP is backed by global institutional investors.

Countryside Dairy

Private Equity Round in 2016
Countryside Dairy Ltd, is a milk processing company established in 2014 and operates from the Kenyan equator town of Nyahururu. The firm processes pasteurized fresh milk products for the low-income market segment and institutional organisations such as hospitals, hotels and schools and does about 100,000 litres of milk on a daily basis.

Twiga Foods

Private Equity Round in 2016
Twiga Foods Ltd. is a mobile-based supply platform that connects farmers and vendors in Africa's retail sector. Founded in 2013 and headquartered in Nairobi, Kenya, the company serves small and medium-sized retail outlets, kiosks, and market stalls by enabling them to order a variety of fresh produce, including bananas, pineapples, and tomatoes, through a cashless business-to-business platform. By bridging the gap between farmers and vendors, Twiga Foods aims to enhance access to quality food at competitive prices, thereby improving profit margins for both parties. The platform facilitates efficient distribution, making it easier for vendors to stock their businesses with necessary supplies while supporting local agriculture.

PowerGen Renewable Energy

Series A in 2016
PowerGen Renewable Energy specializes in providing energy solutions primarily in East Africa, catering to residential, community, commercial, and industrial customers. Established in 2011 and headquartered in Nairobi, Kenya, with additional offices in Arusha, Tanzania; Freetown, Sierra Leone; and Lagos, Nigeria, the company focuses on the development of microgrids and renewable energy systems, including photovoltaic and wind technologies. PowerGen offers a comprehensive suite of services, including consulting, engineering, procurement, construction, operation, maintenance, and financing, to support off-grid energy needs. By facilitating access to affordable and reliable power, PowerGen aims to empower communities that are not connected to national electricity networks, thereby enhancing their quality of life and economic opportunities.

Copia Global

Funding Round in 2015
Copia Global is an e-commerce company based in Nairobi, Kenya, that focuses on providing a consumer catalog order and delivery system for middle to low-income individuals in developing regions. Founded in 2013, the company enables users to browse products and place orders through a mobile application, which also allows local shopkeepers to manage orders and payments via a mobile payment system. By leveraging mobile technologies and a network of local agents, Copia Global facilitates access to a wide range of quality goods for rural and peri-urban consumers. This innovative approach ensures that individuals without reliable internet access can still make purchases and receive products conveniently, ultimately empowering them as consumers.

The Joseph Initiative Ltd.

Acquisition in 2014
Joseph Initiative focuses on delivering bulk high quality agricultural produce to East African markets. It has developed and deployed an integrated supply chain for maize that stretches from village-level farm-gates across Western Uganda to high-value regional markets.

Waterbus

Private Equity Round in 2014
Waterbus builds and operates catamaran ferries for safe and affordable transport of passengers and their goods.

Prothem

Private Equity Round in 2012
Prothem is the first and only private tea factory in Burundi, dedicated to producing black CTC (Crush, Tear and Curl) tea in various forms, including broken pekoe, pekoe fannings, pekoe dust, and different dust and fanning colors. The company aims to support and enhance the livelihoods of smallholder farmers and local communities by offering a health-giving beverage that contributes to the local economy. Through its operations, Prothem not only focuses on quality tea production but also emphasizes social responsibility and community development in the region.

M-Kopa

Private Equity Round in 2011
M-Kopa Kenya Limited is a leading provider of solar home systems, specializing in pay-as-you-go energy services for off-grid customers. Founded in 2011 and based in Nairobi, Kenya, M-Kopa began commercial operations in 2012 and has since expanded its reach to Uganda and Tanzania. The company offers a range of solar products, including systems that provide lighting, phone charging, and solar-powered radios, which are sold through over 1,000 retail agents and shops. M-Kopa utilizes a proprietary technology platform that integrates mobile payments and IoT connectivity, allowing customers without credit histories to access essential products and services. With a dedicated team of over 500 staff, the company is committed to delivering innovative solutions that meet the needs of underserved communities, continually improving its offerings through data-driven insights and customer relationship management.

Bridge International Academies

Private Equity Round in 2009
Bridge International Academies operates primary schools focused on providing education to underprivileged children. Founded in 2007 and based in Nairobi, Kenya, the organization offers services that align with national curricula and emphasizes comprehensive teacher training and development programs. Utilizing advanced wireless technology, Bridge International Academies aims to deliver quality education at no cost to students, fostering opportunities for a brighter future for those in underserved communities.

Tanga Fresh

Private Equity Round in 2007
Tanga Fresh Ltd. is a milk processing company that also produces cheese and yoghurt. The company is based in Tanga, Tanzania.
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