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 Round Pre Seed Round Africa Health Care Health Diagnostics Show 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 Kenya

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

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.

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.