APEM PAIQ
Venture Round in 2019
APEM PAIQ is a microfinance institution that focuses on supporting small urban entrepreneurs primarily in Antananarivo and its surrounding areas. The organization provides loans with an average value of 1.2 million MGA and complements its financial offerings with non-financial services, including health insurance and training programs. APEM PAIQ aims to significantly expand its operations, with plans to triple its activity by opening ten additional offices in Antananarivo and neighboring municipalities by 2023. Through these initiatives, the company seeks to enhance the financial and social well-being of its clients, fostering entrepreneurship and economic growth in local communities.
HaiRun Technology
Venture Round in 2019
HaiRun Technology is a digital services company based in Antananarivo, Madagascar, specializing in the design and development of high-level web, mobile, and server applications. With a workforce of over 60 employees across management, technical, and sales teams, the company has successfully completed more than 20 projects for various large clients. HaiRun Technology is also known for its innovative artificial intelligence platform, "SmartPredict," which became publicly accessible in 2020. The company has a solid reputation in the international market and was recognized as the winner of the "AI for Good 2018" competition organized by France AI and the French Red Cross. By focusing on tailored solutions, HaiRun Technology supports clients in implementing complex IT projects while leveraging new technologies.
Chicky
Venture Round in 2018
Chicky is a fast food company based in Antananarivo, Madagascar, specializing in chicken dishes. Founded in 2017 by French entrepreneur Yohann Cattiau, Chicky aims to establish itself as a significant player in the local fast food sector. The company operates three restaurants, with its first location opening in June 2017 in the Behoririka district, followed by a second outlet in Analakely in January 2018, and a third in the Gallery Urbania in October 2018. Chicky offers a variety of fried chicken and other fast food options to its customers, focusing on quality and accessibility to cater to the growing demand for fast food in Madagascar.
Nutrizaza
Venture Round in 2012
Nutrizaza SA, a social company, develops a network of baby restaurants, hotelin-jazakely. The company also sells baby food completing mother’s milk, Koba Aina, to the maximum of families, mainly poor families. The company was founded in 2012 and is based in Madagascar.
ACEP Madagascar
Venture Round in 2012
ACEP Madagascar is a financial institution based in Antananarivo, Madagascar, specializing in microfinance services for small and medium-sized enterprises (SMEs) and micro companies. Established in 2009, it aims to provide essential financial services such as credit, savings, insurance, mutual health benefits, and money transfer services to populations traditionally excluded from the formal financial sector due to their perceived non-solvability. With a network of six regional branches and 42 agencies, ACEP Madagascar is one of the oldest microfinance institutions (MFIs) in the country, playing a significant role in supporting the local economy by making its products accessible to a broad customer base.
PhileoL
Venture Round in 2008
PhileoL is a Malagasy company established in the south of the island where it breeds and transforms ricin seeds into oil. After transformation the oil is exported abroad to be used in cosmetic and industry. Phileol brings at stake a strong social and environmental impact while collaborating with more than 700 families to collect and grow the seeds, ensuring them strong revenue and steady employment while the region remains one of the poorest of the island. With regards to this social project, Phileol has elaborated and signed a Social Code while collaborating with many institutional actors and NGOs like the WWF, the UNPD or else EFA, a local initiative to enhance social improvement in rural areas. Besides, Phileol is also committed in valuating southern rural lands with various projects consisting in clearing and cultivating them.