Founders Factory

Founders Factory is an accelerator and venture studio that focuses on building, funding, and scaling technology startups globally. Founded in 2015 in London, the firm partners with experienced founders and corporates to provide a combination of capital, operational support, and access to a network of corporate partners. The firm's portfolio includes over 200 tech companies, with more than 35 startups developed from the ground up in its Venture Studio. Founders Factory Africa, a branch established in 2018 in South Africa, specifically targets investments in sectors such as health, energy, fintech, and education, aiming to foster startups with a strong emphasis on scalability and impact. In exchange for equity, the firm typically offers startups a seed investment of £150,000 and a year of operational assistance to help them become sustainable businesses.

Maya Baratz

CEO and Partner

Edoardo Gentili

Associate

Brent Hoberman

Executive Chairman and Co-Founder

Edward Kandel

Investor

Damian Routley

General Partner

Louis Warner

COO

Camila Zattar

Associate

Past deals in Kenya

TIBU Health

Seed Round in 2022
TIBU Health is a disruptive HealthTech logistics company that provides high-quality healthcare services.

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.

OkHi

Seed Round in 2022
OkHi Limited is a company based in Nairobi, Kenya, that has developed a digital addressing system aimed at addressing the absence of a reliable physical address system in emerging markets. Founded in 2014, OkHi's innovative platform creates virtual addresses by integrating GPS tags and location photographs, enabling users to share their addresses easily. This system enhances logistics, facilitating commerce, and improves emergency services by providing accurate location information. Additionally, it supports personal identification, thereby increasing access to financial services for individuals in underserved areas. OkHi's mission is to connect people and unlock various opportunities through its addressing solution.

OkHi

Seed Round in 2022
OkHi Limited is a company based in Nairobi, Kenya, that has developed a digital addressing system aimed at addressing the absence of a reliable physical address system in emerging markets. Founded in 2014, OkHi's innovative platform creates virtual addresses by integrating GPS tags and location photographs, enabling users to share their addresses easily. This system enhances logistics, facilitating commerce, and improves emergency services by providing accurate location information. Additionally, it supports personal identification, thereby increasing access to financial services for individuals in underserved areas. OkHi's mission is to connect people and unlock various opportunities through its addressing solution.

Zanifu

Seed Round in 2022
Zanifu is a financial technology credit provider that supports individuals and businesses across Africa. It offers a lending platform for small and medium-sized enterprises. Its mission is to bridge the credit access gap with responsible, innovative, and flexible products, delivered in an efficient and empathetic way. The company was founded in 2016 and is headquartered in Nairobi, Westlands.

Synnefa

Pre Seed Round in 2021
Illuminum Greenhouses is an Agri-Tech greenhouse and drip installation company in Kenya working with smallholder farmers to improve productivity and increase efficiency through the use of new modern technologies while bundling up other services to ensure smallholder farmers access a turn key solution.

My 1Health

Seed Round in 2021
My Health Africa allows users to book doctors for consultation offline as well as video consultation with specialists.

Powered by People

Seed Round in 2021
Powered by People is a mobile-first, distributed manufacturing system offering online tools, financing solutions, and a B2B marketplace to the small and mid-sized enterprises in the creative manufacturing and handmade sector.

Bwala

Pre Seed Round in 2020
Bwala Africa Group Limited operates a last-mile crowdsourcing order fulfillment network that connects fleet operators with manufacturers, vendors, and e-commerce companies. The company's services aim to enhance the order-to-delivery experience by positioning products closer to end customers. Bwala offers several services, including Bwala Prime, a B2B shipment service that fulfills orders at the SKU level for retailers; Bwala Express, a B2C shipment service for vendors and retailers to deliver products directly to consumers; and Masaa ya Bwala, a same-day direct courier service facilitating deliveries between two parties. Additionally, Bwala operates a user-friendly app and web platform that allows customers to browse a product catalog and place orders easily. Founded in 2017 and based in Nairobi, Kenya, Bwala is focused on improving logistics and fulfillment efficiency in emerging markets.

BuuPass

Grant in 2019
BuuPass is a digital platform based in Kenya that simplifies transportation by offering an online marketplace for bus, shuttle, and train bookings. It aims to enhance the commuting experience by providing convenient and efficient booking solutions for urban travelers. Users can easily reserve their seats and make payments through a user-friendly interface, including an SMS-based option for those without internet access. Driven by young entrepreneurs, BuuPass focuses on addressing everyday transport challenges, ensuring that commuters can travel on their terms. The company is dedicated to making transportation more accessible, allowing individuals to connect with opportunities while valuing their time and choices. Through its innovative solutions, BuuPass envisions a world where seamless movement is a reality for all.

LipaLater

Pre Seed Round in 2019
Lipa Later is a Nairobi-based financial service provider that offers electronic loans, business loans, and salary loans aimed at individuals and businesses within the low to middle income bracket in Kenya. The company operates a lending marketplace platform that facilitates point-of-sale credit options, allowing retailers to sell goods and services to consumers. This innovative approach enables customers to purchase items online and pay for them in manageable monthly installments, making technology and goods more accessible. By focusing on affordability and convenience, Lipa Later supports both consumers and retailers in the Kenyan market.
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