SOSV

SOSV is a global venture capital firm founded in 1995 and headquartered in Princeton, New Jersey. Specializing in seed-to-growth stage investments, SOSV operates multiple accelerator programs worldwide, including HAX for hardware, IndieBio and RebelBio for life sciences, Chinaccelerator and MOX for cross-border internet ventures, Food-X for innovative food solutions, and dlab for blockchain technology. The firm focuses on investments in revolutionary deep technologies aimed at improving human and planetary health, as well as cross-border markets, particularly in Asia. SOSV invests in approximately 150 startups annually, providing support through its resources to accelerate product development and scaling. Over its two-decade history, SOSV has established a strong reputation, consistently ranking among the top venture capital firms globally.

Audrey Chen

Investor Relations Manager

Daniel Eichner

Partner

Sheng Ge

Partner

Benjamin Joffe

Partner

Kelly Kirkpatrick

Director of Investor Relations

Vivian Law

Senior Associate

Steve McCann

Chief Financial Officer & General Partner

Sean O'Sullivan

Founder & Managing General Partner

Duncan Turner

General Partner

Qiyu Wu

Operations Director

Past deals in Africa

Kredibank

Seed Round in 2022
Kredi is a neo bank building Africa's one-stop shop for digital financial services. Kredi is a platform that eliminates all the challenges of using multiple applications and allows users to manage all aspects of their financial lives. We are fully licensed by the Central Bank of Nigeria. We provide access to digital financial services such as savings, credit, payment, investments, and insurance to all consumers in Nigeria in one place.

Badili

Pre Seed Round in 2022
Badili is a one-stop shop for buying and selling used and refurbished phones. Founded in 2021 and is based in Nairobi.

Treepz

Seed Round in 2022
Plentywaka is a premium public mass transit app that allows commuters to request pickups from their desired bus stops and get real-time information about their journey. Users can plan their journey through the app, get live updates of their buses and ride in safe, convenient and efficient a/c buses across different cities in Nigeria without having to worry about surge pricing.

MarketForce

Series A in 2022
MarketForce connects Africa’s informal retail outlets and consumers directly to suppliers of consumer goods and financial services by digitizing orders, delivery, and payments with the aim of solving the last mile distribution challenge.

LipaLater

Seed Round in 2022
Lipa Later is a facility that provides electronic loans, business loans, and salary loans to individuals and businesses in the low to middle income bracket in Kenya. The company is based in Nairobi, Kenya.

Treepz

Convertible Note in 2021
Plentywaka is a premium public mass transit app that allows commuters to request pickups from their desired bus stops and get real-time information about their journey. Users can plan their journey through the app, get live updates of their buses and ride in safe, convenient and efficient a/c buses across different cities in Nigeria without having to worry about surge pricing.

Treepz

Seed Round in 2021
Plentywaka is a premium public mass transit app that allows commuters to request pickups from their desired bus stops and get real-time information about their journey. Users can plan their journey through the app, get live updates of their buses and ride in safe, convenient and efficient a/c buses across different cities in Nigeria without having to worry about surge pricing.

Pricepally

Seed Round in 2021
Pricepally operates an e-commerce platform focused on food and grocery shopping, founded in 2019 and based in Lagos, Nigeria. The platform aims to provide access to affordable, nutritious, and secure food items in urban areas across Africa. Pricepally functions as a digital food cooperative, allowing consumers to connect directly with local farmers, wholesalers, and producers. It enables users to buy food in bulk or share bulk purchases with others, leveraging collective bargaining power to reduce costs. The online store offers a wide range of products, including groceries, baby products, packaged food, and various ingredients, ensuring that customers have access to fresh and high-quality food items.

MarketForce

Seed Round in 2021
MarketForce connects Africa’s informal retail outlets and consumers directly to suppliers of consumer goods and financial services by digitizing orders, delivery, and payments with the aim of solving the last mile distribution challenge.

CoffeeExchange

Seed Round in 2021
CoffeeExchange is a digital platform based in Shanghai, China, that connects coffee farmers directly with roasters, aiming to enhance transparency in the coffee industry. Established in 2018, the company utilizes technology to streamline the green coffee trading process, offering services such as coffee evaluation, logistics, customs clearance, quality inspections, and marketing support. By eliminating intermediaries, CoffeeExchange facilitates direct trade, allowing coffee producers to earn significantly higher revenues while providing roasters with a broader selection at reduced costs. The platform incorporates IoT supply chain tracking and freight consolidation to optimize logistics and enhance order management. Currently, CoffeeExchange has over 1,100 coffee roasters in China trading with selected producers from various countries, including Ethiopia, Rwanda, Ecuador, Colombia, Guatemala, and El Salvador, and is in the process of expanding its operations to the USA, UK, and South Korea.

LipaLater

Seed Round in 2021
Lipa Later is a facility that provides electronic loans, business loans, and salary loans to individuals and businesses in the low to middle income bracket in Kenya. The company is based in Nairobi, Kenya.

LipaLater

Convertible Note in 2021
Lipa Later is a facility that provides electronic loans, business loans, and salary loans to individuals and businesses in the low to middle income bracket in Kenya. The company is based in Nairobi, Kenya.

Pricepally

Convertible Note in 2021
Pricepally operates an e-commerce platform focused on food and grocery shopping, founded in 2019 and based in Lagos, Nigeria. The platform aims to provide access to affordable, nutritious, and secure food items in urban areas across Africa. Pricepally functions as a digital food cooperative, allowing consumers to connect directly with local farmers, wholesalers, and producers. It enables users to buy food in bulk or share bulk purchases with others, leveraging collective bargaining power to reduce costs. The online store offers a wide range of products, including groceries, baby products, packaged food, and various ingredients, ensuring that customers have access to fresh and high-quality food items.

Pricepally

Convertible Note in 2021
Pricepally operates an e-commerce platform focused on food and grocery shopping, founded in 2019 and based in Lagos, Nigeria. The platform aims to provide access to affordable, nutritious, and secure food items in urban areas across Africa. Pricepally functions as a digital food cooperative, allowing consumers to connect directly with local farmers, wholesalers, and producers. It enables users to buy food in bulk or share bulk purchases with others, leveraging collective bargaining power to reduce costs. The online store offers a wide range of products, including groceries, baby products, packaged food, and various ingredients, ensuring that customers have access to fresh and high-quality food items.

Pricepally

Seed Round in 2021
Pricepally operates an e-commerce platform focused on food and grocery shopping, founded in 2019 and based in Lagos, Nigeria. The platform aims to provide access to affordable, nutritious, and secure food items in urban areas across Africa. Pricepally functions as a digital food cooperative, allowing consumers to connect directly with local farmers, wholesalers, and producers. It enables users to buy food in bulk or share bulk purchases with others, leveraging collective bargaining power to reduce costs. The online store offers a wide range of products, including groceries, baby products, packaged food, and various ingredients, ensuring that customers have access to fresh and high-quality food items.

MarketForce

Convertible Note in 2021
MarketForce connects Africa’s informal retail outlets and consumers directly to suppliers of consumer goods and financial services by digitizing orders, delivery, and payments with the aim of solving the last mile distribution challenge.

MarketForce

Seed Round in 2021
MarketForce connects Africa’s informal retail outlets and consumers directly to suppliers of consumer goods and financial services by digitizing orders, delivery, and payments with the aim of solving the last mile distribution challenge.

Treepz

Seed Round in 2021
Plentywaka is a premium public mass transit app that allows commuters to request pickups from their desired bus stops and get real-time information about their journey. Users can plan their journey through the app, get live updates of their buses and ride in safe, convenient and efficient a/c buses across different cities in Nigeria without having to worry about surge pricing.

RxAll

Seed Round in 2021
RxAll, Inc. develops an artificial intelligence pharmacy platform for pharma authentication, distribution, and primary care through which patients and pharmacies in Africa order authenticated medicines and receive tele-pharma primary care. Its platform uses a molecular sensor device and a cloud database of spectral signatures of medicines to carry out non-destructive product authentication before pharmacy order fulfillment. The company uses artificial intelligence and deep learning algorithms to identify drug counterfeits and provide real time information to pharmaceutical companies. RxAll, Inc. was founded in 2015 and is based in New Haven, Connecticut.

1Trolley

Convertible Note in 2021
1Trolley digitises neighbourhoods, malls and key strategic partners enabling retailers to compete in a digitised world while meeting increased consumer demand for immediate delivery. We are an end to end solution from digital marketing and order picking to last mile delivery, enabling retailers to sell online.

RxAll

Convertible Note in 2020
RxAll, Inc. develops an artificial intelligence pharmacy platform for pharma authentication, distribution, and primary care through which patients and pharmacies in Africa order authenticated medicines and receive tele-pharma primary care. Its platform uses a molecular sensor device and a cloud database of spectral signatures of medicines to carry out non-destructive product authentication before pharmacy order fulfillment. The company uses artificial intelligence and deep learning algorithms to identify drug counterfeits and provide real time information to pharmaceutical companies. RxAll, Inc. was founded in 2015 and is based in New Haven, Connecticut.

Motion Metrics

Convertible Note in 2020
Motion Metrics is a Canadian technology company specializing in artificial intelligence and computer vision solutions for the mining industry. The company focuses on enhancing mine safety, productivity, and energy efficiency through advanced technologies. Its product offerings include missing tooth detection for shovels and loaders, tooth wear and payload monitoring for shovels, boulder detection for haul trucks, and particle size analysis applicable to various mining equipment. Motion Metrics' innovative solutions have been implemented in over 60 mines across six continents, earning the trust of some of the largest mining companies globally. With offices in Canada, Chile, South Africa, Australia, and Russia, Motion Metrics ensures prompt, localized support for its clientele.

RxAll

Seed Round in 2020
RxAll, Inc. develops an artificial intelligence pharmacy platform for pharma authentication, distribution, and primary care through which patients and pharmacies in Africa order authenticated medicines and receive tele-pharma primary care. Its platform uses a molecular sensor device and a cloud database of spectral signatures of medicines to carry out non-destructive product authentication before pharmacy order fulfillment. The company uses artificial intelligence and deep learning algorithms to identify drug counterfeits and provide real time information to pharmaceutical companies. RxAll, Inc. was founded in 2015 and is based in New Haven, Connecticut.

NuLeaf Tech

Convertible Note in 2019
NuLeaf Tech, Inc. is a manufacturing company based in Cupertino, California, specializing in wastewater treatment systems and solar cells tailored for breweries, wineries, and other agricultural producers. Founded in 2015, the company addresses the pressing issue of inadequate on-grid wastewater treatment plants, particularly impacting low-income communities. NuLeaf Tech offers an innovative solution with its NuTree, an on-site wastewater treatment device that allows users to manage their water treatment needs effectively and affordably. This modular system, which can be easily maintained like a small garden, is designed to scale from individual households to larger businesses, with costs under $10,000 per unit. The NuTree operates on a circular, zero-waste model incorporating water recycling, bioenergy, and crop cultivation. NuLeaf Tech has begun generating revenue from various clients, including Mastercard and local breweries, and is exploring pilot projects in regions such as Madagascar, India, and Portland, Oregon. The company aims to expand its reach, particularly in the Pacific Northwest, focusing on tiny homes and rural communities.

CoffeeExchange

Seed Round in 2019
CoffeeExchange is a digital platform based in Shanghai, China, that connects coffee farmers directly with roasters, aiming to enhance transparency in the coffee industry. Established in 2018, the company utilizes technology to streamline the green coffee trading process, offering services such as coffee evaluation, logistics, customs clearance, quality inspections, and marketing support. By eliminating intermediaries, CoffeeExchange facilitates direct trade, allowing coffee producers to earn significantly higher revenues while providing roasters with a broader selection at reduced costs. The platform incorporates IoT supply chain tracking and freight consolidation to optimize logistics and enhance order management. Currently, CoffeeExchange has over 1,100 coffee roasters in China trading with selected producers from various countries, including Ethiopia, Rwanda, Ecuador, Colombia, Guatemala, and El Salvador, and is in the process of expanding its operations to the USA, UK, and South Korea.

Guiddoo World

Seed Round in 2019
Guiddoo World provides unique, experiential and customized travel packages for Chinese & Indian travel agencies to target the growing number of Chinese independent travellers. Our platform uses intelligent data points from over 4000+ travel agents as well as analyses 1Mn+ Trend Points on Internet and Social media to build smart itineraries. Up to now, Guiddoo has negotiated great deals with 5,000+ excursions from 14 destinations across Africa, the Middle East and Southeast Asia.

CanGo Africa

Seed Round in 2019
CanGo is an on demand services company with a technology office in Nairobi and current operations in Kinshasa and Kigali.

Guiddoo World

Venture Round in 2019
Guiddoo World provides unique, experiential and customized travel packages for Chinese & Indian travel agencies to target the growing number of Chinese independent travellers. Our platform uses intelligent data points from over 4000+ travel agents as well as analyses 1Mn+ Trend Points on Internet and Social media to build smart itineraries. Up to now, Guiddoo has negotiated great deals with 5,000+ excursions from 14 destinations across Africa, the Middle East and Southeast Asia.

Olly Smart Credit Card

Seed Round in 2018
Olly is a digital credit card for India's working masses and young people. Today, Olly has come full-circle in Egypt extending the product offering to the youth market here and its been well received by the Egyptian student audience.

CanGo Africa

Convertible Note in 2018
CanGo is an on demand services company with a technology office in Nairobi and current operations in Kinshasa and Kigali.

CoffeeExchange

Pre Seed Round in 2018
CoffeeExchange is a digital platform based in Shanghai, China, that connects coffee farmers directly with roasters, aiming to enhance transparency in the coffee industry. Established in 2018, the company utilizes technology to streamline the green coffee trading process, offering services such as coffee evaluation, logistics, customs clearance, quality inspections, and marketing support. By eliminating intermediaries, CoffeeExchange facilitates direct trade, allowing coffee producers to earn significantly higher revenues while providing roasters with a broader selection at reduced costs. The platform incorporates IoT supply chain tracking and freight consolidation to optimize logistics and enhance order management. Currently, CoffeeExchange has over 1,100 coffee roasters in China trading with selected producers from various countries, including Ethiopia, Rwanda, Ecuador, Colombia, Guatemala, and El Salvador, and is in the process of expanding its operations to the USA, UK, and South Korea.

HITCH Tech Inc

Seed Round in 2018
HITCH is a locally-relevant platform for African schools that catalyzes potential by intelligently curating the best educational videos, automatically aligning them with local curricula and textbooks, and storing them on battery-powered video hotspots for convenient student and teacher access offline, via WiFi or local networks. HITCH goes beyond traditional educational resources, technology literacy barriers, and local power and internet infrastructure, to find and deliver world-class educational resources for the vanguard of Africa's knowledge revolution.

MIFON

Seed Round in 2018
MIFON is an Insurtech security company, backed by VC SOSV, Mobile Only Accelerator MOX & Mediatek company General Mobi. MIFON helps users get their lost phone back without the need for power or an internet connection. Focusing on mobile first users in India, South East Asia, the Middle East & Africa. Currently protecting over 3000,000 smartphones, User mix is 75% through B2B partnerships with handset brands & mobile carriers and 25% organic users. MIFON platform processes billions of data points, using ML algorithms, to keep MIFON users safe & secure. 70% of MIFON users are in India , 10% is in the USA & balance 15% in South Asia & Middle East North Africa.

NuLeaf Tech

Seed Round in 2018
NuLeaf Tech, Inc. is a manufacturing company based in Cupertino, California, specializing in wastewater treatment systems and solar cells tailored for breweries, wineries, and other agricultural producers. Founded in 2015, the company addresses the pressing issue of inadequate on-grid wastewater treatment plants, particularly impacting low-income communities. NuLeaf Tech offers an innovative solution with its NuTree, an on-site wastewater treatment device that allows users to manage their water treatment needs effectively and affordably. This modular system, which can be easily maintained like a small garden, is designed to scale from individual households to larger businesses, with costs under $10,000 per unit. The NuTree operates on a circular, zero-waste model incorporating water recycling, bioenergy, and crop cultivation. NuLeaf Tech has begun generating revenue from various clients, including Mastercard and local breweries, and is exploring pilot projects in regions such as Madagascar, India, and Portland, Oregon. The company aims to expand its reach, particularly in the Pacific Northwest, focusing on tiny homes and rural communities.

MIFON

Seed Round in 2018
MIFON is an Insurtech security company, backed by VC SOSV, Mobile Only Accelerator MOX & Mediatek company General Mobi. MIFON helps users get their lost phone back without the need for power or an internet connection. Focusing on mobile first users in India, South East Asia, the Middle East & Africa. Currently protecting over 3000,000 smartphones, User mix is 75% through B2B partnerships with handset brands & mobile carriers and 25% organic users. MIFON platform processes billions of data points, using ML algorithms, to keep MIFON users safe & secure. 70% of MIFON users are in India , 10% is in the USA & balance 15% in South Asia & Middle East North Africa.

CanGo Africa

Convertible Note in 2017
CanGo is an on demand services company with a technology office in Nairobi and current operations in Kinshasa and Kigali.

UBA Biologix

Seed Round in 2017
UBA Biologix specializes in developing advanced water treatment systems that utilize biological processes to effectively break down and remove contaminants from mining and industrial wastewater. The company is contracted by notable mining firms, including Anglo American, to address toxic chemicals such as sulfates and selenium in effluent, transforming these harmful substances into valuable, marketable products. Initially focused on reducing sulfate levels in mine wastewater in South Africa, UBA Biologix has expanded its services to offer customized solutions for a variety of water contaminants on a global scale, particularly in the coal, gold, and platinum mining sectors. Through its organic bioremediation systems, UBA Biologix aims to promote environmental sustainability while meeting the specific needs of its clients.

NuLeaf Tech

Pre Seed Round in 2017
NuLeaf Tech, Inc. is a manufacturing company based in Cupertino, California, specializing in wastewater treatment systems and solar cells tailored for breweries, wineries, and other agricultural producers. Founded in 2015, the company addresses the pressing issue of inadequate on-grid wastewater treatment plants, particularly impacting low-income communities. NuLeaf Tech offers an innovative solution with its NuTree, an on-site wastewater treatment device that allows users to manage their water treatment needs effectively and affordably. This modular system, which can be easily maintained like a small garden, is designed to scale from individual households to larger businesses, with costs under $10,000 per unit. The NuTree operates on a circular, zero-waste model incorporating water recycling, bioenergy, and crop cultivation. NuLeaf Tech has begun generating revenue from various clients, including Mastercard and local breweries, and is exploring pilot projects in regions such as Madagascar, India, and Portland, Oregon. The company aims to expand its reach, particularly in the Pacific Northwest, focusing on tiny homes and rural communities.

BitMEX

Seed Round in 2015
BitMEX is a P2P crypto-products trading platform. BitMEX and the mobile apps issued under BMEX are wholly owned and operated by HDR Global Trading Limited, a Republic of Seychelles incorporated entity or its relevant authorised affiliates.

CanGo Africa

Seed Round in 2015
CanGo is an on demand services company with a technology office in Nairobi and current operations in Kinshasa and Kigali.