Investor directory

Founders Factory

Founders Factory is a prominent startup accelerator and venture studio that partners with entrepreneurs and corporates to build and scale technology startups globally. Established in 2015, it focuses on reducing the risks associated with startup development by providing capital, operational support, and access to established corporate networks. The firm has created a diverse portfolio of over 200 tech companies, including more than 35 startups developed from inception within its Venture Studio. In Africa, Founders Factory Africa, founded in 2018, specifically targets investments in sectors such as health, energy, fintech, and education, emphasizing scale, technology, and social impact. In exchange for a seed investment and operational assistance, the firm acquires equity in the startups it supports, aiming to help them transition into viable and sustainable businesses.

Focus

Seed RoundPre Seed RoundAfricaHealth CareHealth DiagnosticsShow more
http://www.crunchbase.com/organization/founders-factory
http://www.foundersfactoryafrica.com
https://foundersfactory.com
https://angel.co/foundersfactory
https://crunchbase.com/organization/founders-factory
https://facebook.com/foundersfactory
https://linkedin.com/company/foundersfactory
https://signal.nfx.com/firms/founders-factory
https://twitter.com/foundersfactory
https://www.capitaliq.com/CIQDotNet/company.aspx?companyId=216887498

Past deals in East Africa

Asaak

Series A in 2022
Asaak Financial Services Limited is a Uganda-based company founded in 2016 that operates a platform designed to connect borrowers with lenders. The platform primarily focuses on providing micro financing to clients who require funds to grow their businesses. By facilitating these financial transactions, Asaak aims to enhance access to capital for individuals and small enterprises in emerging markets, thereby contributing to economic development in the region.

OkHi

Seed Round in 2022
OkHi Limited, founded in 2014 and based in Nairobi, Kenya, develops a digital addressing system designed to address the challenges of inadequate physical address systems in emerging markets. By creating a reliable method for identifying locations, OkHi aims to enhance logistics, thereby facilitating commerce. The system also seeks to improve emergency services, potentially saving lives by enabling quicker response times. Additionally, OkHi’s addressing solution supports better personal identification, contributing to increased access to financial services. Through its innovative approach, the company addresses crucial needs in both urban and rural settings.

OkHi

Seed Round in 2022
OkHi Limited, founded in 2014 and based in Nairobi, Kenya, develops a digital addressing system designed to address the challenges of inadequate physical address systems in emerging markets. By creating a reliable method for identifying locations, OkHi aims to enhance logistics, thereby facilitating commerce. The system also seeks to improve emergency services, potentially saving lives by enabling quicker response times. Additionally, OkHi’s addressing solution supports better personal identification, contributing to increased access to financial services. Through its innovative approach, the company addresses crucial needs in both urban and rural settings.

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.

Bwala

Pre Seed Round in 2020
Bwala Africa Group Limited operates a last mile crowd sourcing order fulfillment network to connect fleet operators with manufacturers, vendors, and e-commerce companies to position products closer to end customers for order-to-delivery end to end experience. Its services include Bwala Prime, a B2B Shipment service for manufacturers/distributors, and fulfills orders at the SKU level to a retailer; Bwala Express, a B2C shipment service for vendors and retailers to ship door to door to various end users; and Masaa ya Bwala, a same day direct courier service between two parties. The company also operates an app and web platform where users can access products via a catalogue and place orders. Bwala Africa Group Limited was founded in 2017 and is based in Nairobi, Kenya.

Digest Africa

Pre Seed Round in 2019
Digest Africa Technologies Ltd is an online media and research company based in Kampala, Uganda, founded in 2017. It provides a platform for investors and corporates to access verified and real-time news about Africa’s early-stage technology companies. The company aims to organize and disseminate comprehensive information about the continent's startup ecosystem, including data on over 1,000 early-stage tech companies, 250 active investors, and more than 50 accelerators. Digest Africa has documented over 2,000 funding and merger and acquisition deals worth more than $2.5 billion. By accurately reporting on daily activities within the technology sector, the company aggregates and publishes data that aids investors in making informed decisions regarding their investments in Africa.

LipaLater

Pre Seed Round in 2019
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.