Seedstars

Seedstars is a global initiative aimed at identifying and supporting emerging startups in fast-growing economies through its annual competition, Seedstars World. This competition spans over 50 cities, inviting technology-focused startups that are no more than two years old and have raised a maximum of $500,000 to participate. Following a rigorous selection process and local pitching events, one startup from each participating country is chosen to compete in the final event held in Geneva. Winners benefit from various prizes, including mentorship, equity investments, and access to acceleration programs. Additionally, Seedspace provides a collaborative environment designed to empower tech entrepreneurs, promoting innovation and collaboration across diverse boundaries to address complex global challenges.

Charlie Graham-Brown

Chief Investment Officer and Partner

Michael Weber

Managing Partner

Past deals in Kenya

Kiri EV

Grant in 2022
Kiri EV is a manufacturer of electric vehicles and charging systems focused on the Kenyan and East African markets. The company produces a variety of electric transportation options, including scooters, motorcycles, auto rickshaws, and carriers. Their vehicles incorporate advanced features such as direct current motor technology, antilock braking systems, customizable components, removable batteries, and silent motors. Kiri EV aims to demonstrate the viability and importance of electric vehicles in transforming transportation across the African continent, challenging the traditional motor industry in the process. By offering affordable and innovative solutions, Kiri EV seeks to promote the adoption of electric mobility in the region.

Zuri Health

Grant 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.

agriBORA

Grant in 2022
agriBORA builds an end-to-end ecosystem around farmers, bringing farming inputs, financial services, and the output market closer together. They balances the use of technology and human touch to de-risk smallholder agriculture systems and improve farm productivity and facilitate effective trading in collaboration with their partners.

Jumba

Pre Seed Round in 2022
Jumba is a construction technology platform that streamlines B2B construction material purchases and financing. The company provides a platform that allows companies to order materials and pay for them later. Cement, steel, paint, tiles, plumbing, electrical work, glass, kitchen finishes, and bathroom finishes are all available for purchase on the platform, which is geared toward hardware retail establishments. The company is situated in Nairobi, Kenya, and was established in 2022.

Ando

Pre Seed Round in 2021
Operator of a cloud kitchen platform intended to build food brands for delivery. The company provides food via its in-house brands on its platform and also runs a dark-kitchen model for the delivery of its in-house menu, enabling food enthusiasts to select from a range of nearby restaurants and receive quick food delivery.

ZUMI

Venture Round in 2021
ZUMI, founded in 2016 and headquartered in Nairobi, Kenya, operates as an online magazine and a retail platform focusing on fashion, beauty, food, and lifestyle. The company connects apparel wholesalers with retailers, particularly empowering women entrepreneurs by offering technology, logistics, and financial services. ZUMI enables retailers to place orders through SMS, phone calls, or via ZUMI Agents, ensuring a seamless ordering process. Orders are collected from suppliers each morning, and logistics partners deliver products to customers within 18 hours of ordering. Payment is facilitated through mobile money, making the process efficient and accessible. Through its dual focus on content and commerce, ZUMI aims to provide a transparent and affordable marketplace for its users.

Pezesha

Seed Round in 2020
Pezesha Africa Limited operates as a peer-to-peer micro-lending marketplace that connects lenders with underserved low-income borrowers, particularly micro-businesses. Founded in 2016 and based in Nairobi, Kenya, Pezesha utilizes data analytics to match creditworthy borrowers with lenders, facilitating access to affordable credit options. The platform aims to integrate various financial services, promoting a shared economy that benefits both borrowers and investors. By providing opportunities for small and medium-sized enterprises to access working capital, Pezesha plays a crucial role in incorporating these businesses into the formal financial system, thus supporting their growth and sustainability.

ZUMI

Seed Round in 2019
ZUMI, founded in 2016 and headquartered in Nairobi, Kenya, operates as an online magazine and a retail platform focusing on fashion, beauty, food, and lifestyle. The company connects apparel wholesalers with retailers, particularly empowering women entrepreneurs by offering technology, logistics, and financial services. ZUMI enables retailers to place orders through SMS, phone calls, or via ZUMI Agents, ensuring a seamless ordering process. Orders are collected from suppliers each morning, and logistics partners deliver products to customers within 18 hours of ordering. Payment is facilitated through mobile money, making the process efficient and accessible. Through its dual focus on content and commerce, ZUMI aims to provide a transparent and affordable marketplace for its users.

iNuka Pap

Seed Round in 2016
iNuka Pap Limited operates a mobile platform that partners with savings and credit co-operatives (SACCOs) in Africa to provide members access to instant loans. The company was founded in 2014 and is headquartered in Nairobi, Kenya.
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