Katapult Group

Katapult is an accelerator and venture capital firm based in Oslo, Norway, founded in 2016. It specializes in early-stage technology startups that aim to address environmental and societal challenges through exponential technologies. The firm focuses on areas such as clean energy, resource efficiency, food and water, education, health, and diversity, among others. Katapult offers a structured program lasting three months, with the possibility of a one-month follow-up, providing up to $100,000 in funding while taking an 8% equity stake in each startup. The firm actively invests in various regions, seeking to support innovative solutions that foster sustainability and societal progress.

Anthony Bellafiore

Investment Manager

Marcus Hølland Eikeland

Program Director and Partner

Nina Heir

CEO Katapult Accelerator

Saurabh Kumar

Analyst

Tharald Nustad

Co-Founder, Owner and Partner

Jonas Skattum Svegaarden

CEO, Ocean and Partner

Humberto Trevino

Director, Artificial Intelligence and Data Analytics

Yann Vaudin

Analyst

Carl Walton

Investor

Past deals in Africa

InPlanet

Pre Seed Round in 2023
InPlanet is an environmental protection company focused on combating global warming and stabilizing the climate. The company employs a method that involves grinding silicate rocks and applying them to tropical soils, significantly accelerating the natural weathering process. This innovative approach not only aids in the removal of carbon from the atmosphere but also allows farmers to substitute chemical fertilizers with natural rock powders sourced from local mines. InPlanet aims to make this process scalable, affordable, and safe, contributing to a more sustainable agricultural practice while addressing climate change.

Legendary Foods.

Seed Round in 2022
Legendary Foods Africa is a food technology company that manufactures a range of products, including fresh akokono, frozen akokono, akokono sauce, akokono kebab, akokono shito, dried akokono, and more.

OKO

Seed Round in 2022
OKO specializes in providing crop micro-insurance services aimed at supporting farmers in emerging markets. By leveraging satellite technology, the company assesses risk and develops tailored insurance products that are accessible and affordable for small farmers. OKO utilizes mobile technologies to facilitate the distribution of insurance, collection of premiums, and management of claims, allowing farmers to receive personalized and automated policies directly through their mobile phones. This innovative approach ensures that farmers have financial protection against adverse weather conditions such as droughts and excessive rainfall, enhancing their resilience and security in unpredictable agricultural environments.

Crop2Cash

Pre Seed Round in 2022
Crop2Cash is an agricultural technology company focused on empowering smallholder farmers in rural Nigeria by improving their access to financing. The platform facilitates digital payments and streamlines the value chain of food crops, encompassing activities such as weighing, quality control, and extension services. By enhancing transparency and efficiency within the agricultural supply chain, Crop2Cash not only supports responsible farmers but also helps them build their financial identity. This approach allows banks to engage in formal financing with greater confidence, mitigating concerns regarding fund mismanagement and ensuring that farmers receive the capital they need to thrive.

MooMe

Pre Seed Round in 2022
Lifeye is an AgTech startup that envisions to fill the data gaps between the different dairy farming stakeholders toward a more efficient dairy cow production and diseases prevention with its flagship solution MooMe. MooMe is the modern Dairy Ecosystem Management Platform. With all the essential data in one place, MooMe helps the dairy ecosystem stakeholders get the best from their day-to-day operations - So they can focus on creating value for their customers.

Wattnow

Seed Round in 2022
Developer of an energy management platform designed to monitor and control electric supply. The company's platform provides real-time information on power consumption, integrates all devices into a single network through the Internet of Things (IoT), provides actionable insights, and does not require altering setups, enabling industry owners and facility managers to reduce costs and improve operational efficiency.

NXT Grid

Pre Seed Round in 2021
NXT Grid focuses on enhancing access to clean, reliable energy in Africa through the development of solar micro-utilities. The company provides rental services for solar panels and battery equipment, enabling local businesses to become mini-grid developers by eliminating financial and technical obstacles. NXT Grid also offers AI-enabled support services that automate load control and optimize solar energy production. By bundling multiple vetted mini-grids into larger, financeable projects, NXT Grid presents a streamlined investment opportunity for financiers interested in emerging energy markets, while ensuring transparency regarding associated risks. This approach empowers communities and promotes sustainable energy solutions across the region.

Wattnow

Funding Round in 2021
Developer of an energy management platform designed to monitor and control electric supply. The company's platform provides real-time information on power consumption, integrates all devices into a single network through the Internet of Things (IoT), provides actionable insights, and does not require altering setups, enabling industry owners and facility managers to reduce costs and improve operational efficiency.

FbStart Accelerator

Grant in 2019
The FbStart Accelerator is a 6-month research and mentorship driven program for innovative and visionary teams daring to create solutions with advanced technologies. The accelerator provides these teams with the support they need to build and optimize value driven products and match them with resources from Facebook and CcHUB.

PraxiLabs

Seed Round in 2018
PraxiLabs is an e-learning company that developed a product that makes virtual science labs accessible. The company aims to provide equal opportunity for enhanced STEM education for students everywhere by providing 3D interactive virtual simulations that are accessible, usable, and affordable for educational institutions and students. PraxiLabs was founded in 2016 and headquartered in Al Qahirah, Egypt.

FinAccess

Seed Round in 2018
FinAccess Global LLC designs and develops a cloud based baking platform for micro finance institutions. The company provides digital infrastructure to micro finance institutions which allows them to offer digital services to their clients, such as personalized payment reminders, arrears follow up, transaction notification, issue debit cards, and bring in mobile money integration. FinAccess Global LLC also offers credit scoring capability. The company is based in Nigeria.

RxAll

Pre Seed Round in 2018
RxAll, Inc. is engaged in developing an artificial intelligence-based pharmacy platform that focuses on the authentication and distribution of pharmaceuticals in Africa. Founded in 2015 and headquartered in New Haven, Connecticut, the company utilizes a deep learning hyperspectral Internet of Things (IoT) system for real-time drug authentication. Its platform employs a molecular sensor device along with a cloud database containing spectral signatures of various medicines, allowing for non-destructive verification prior to fulfilling pharmacy orders. This technology helps in identifying counterfeit drugs and provides pharmaceutical companies with timely information regarding product authenticity. By streamlining the process of delivering authenticated medicines to hospitals, pharmacies, and patients, RxAll aims to enhance access to high-quality medications while addressing the issue of drug counterfeiting.

ConnectMed

Pre Seed Round in 2018
ConnectedMed builds digital therapeutics platform that allows patients to manage their primary and chronic care needs.

Sky.Garden

Series A in 2018
Sky.Garden develops an online platform that enables businesses to sell any product to defined audiences in Africa. The company also offers its services through a mobile application. The company serves informal traders, small and medium enterprises, and established businesses. The company was founded in 2015 and is based in Nairobi, Kenya.

Sky.Garden

Pre Seed Round in 2017
Sky.Garden develops an online platform that enables businesses to sell any product to defined audiences in Africa. The company also offers its services through a mobile application. The company serves informal traders, small and medium enterprises, and established businesses. The company was founded in 2015 and is based in Nairobi, Kenya.
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