Future Africa
Future Africa is a Lagos-based venture capital firm established in 2016, dedicated to empowering mission-driven founders and innovators to tackle significant challenges across the African continent. The firm focuses on creating a future where purpose and prosperity are accessible to all. Future Africa invests in a diverse array of sectors, including agriculture, data and artificial intelligence, e-commerce, education, finance, healthcare, and technology, among others. By supporting startups and entrepreneurs, Future Africa aims to foster the development of transformative solutions that contribute to the continent's economic growth and social progress.
Past deals in Rwanda
Smile ID (formerly Smile Identity)
Series B in 2023
Smile Identity Inc. is a technology company based in San Francisco, California, that focuses on identity verification solutions. Founded in 2016, the company has developed an application called SmartSelfie, which allows users to create a universal biometric for authentication on Android devices. The team comprises engineers and financial services professionals from both the United States and Africa, bringing expertise in global markets with a focus on highly regulated environments. Smile Identity has developed advanced encryption, authentication, and security solutions, as well as image processing technology. The company has experience working with telecoms, lenders, banks, and startups, enabling them to understand the unique challenges faced by consumers and enterprises in Africa. With support from prominent investors in Silicon Valley and Africa, Smile Identity has established a pan-African presence, operating in countries such as South Africa, Nigeria, Kenya, Ghana, and Rwanda.
Smile ID (formerly Smile Identity)
Series A in 2021
Smile Identity Inc. is a technology company based in San Francisco, California, that focuses on identity verification solutions. Founded in 2016, the company has developed an application called SmartSelfie, which allows users to create a universal biometric for authentication on Android devices. The team comprises engineers and financial services professionals from both the United States and Africa, bringing expertise in global markets with a focus on highly regulated environments. Smile Identity has developed advanced encryption, authentication, and security solutions, as well as image processing technology. The company has experience working with telecoms, lenders, banks, and startups, enabling them to understand the unique challenges faced by consumers and enterprises in Africa. With support from prominent investors in Silicon Valley and Africa, Smile Identity has established a pan-African presence, operating in countries such as South Africa, Nigeria, Kenya, Ghana, and Rwanda.
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