Jedar Capital is a venture capital investment firm established in 2020, with its primary office located in New York, New York, and additional presence in Cairo and Cape Town. The firm focuses on investing in early-stage startups across emerging and frontier markets, specifically in the Middle East, Africa, and Emerging Asia. Jedar Capital targets a diverse range of sectors, including financial technology, insurance technology, healthcare technology, food technology, business-to-business services, software as a service, retail, e-commerce, logistics, supply chain, and marketplaces. Through its investments, Jedar Capital aims to support the growth and development of innovative companies within these rapidly evolving markets.
Fincart helps e-commerce SMBs access working capital through streamlining their last-mile operations through multi-courier shipping platform.
Paismo
Seed Round in 2023
Paismo HR is a California and Pakistan-based company focused on transforming the valuation of everyday talent through its innovative human resource and payroll management platform. The platform is designed to streamline the processes of paying, managing, and developing local talent. It offers features that track workforce performance, payment schedules, and onboarding details, ensuring that human capital management is executed swiftly, securely, and transparently. By enabling businesses to manage work schedules, time off, overtime, and timesheets effectively, Paismo HR aims to improve the overall efficiency of payroll operations and support the growth of talent within organizations.
Chaldal
Venture Round in 2023
Chaldal Limited is an online grocery and delivery service based in Dhaka, Bangladesh, with operations extending to Chattogram and Jashore. Founded in 2013, the company aims to provide customers with a wide selection of daily essentials, including groceries, beauty and health care products, baby care items, and home necessities. Chaldal stocks over 4,000 products across its warehouses and leverages a cloud-based inventory system, allowing customers to view real-time product availability. The company prioritizes convenience by offering delivery within an hour, mimicking the experience of shopping in a large retail store, which is often limited in local markets.
Jem
Seed Round in 2022
SmartWage Pty Ltd. is a financial technology company based in Johannesburg, South Africa, that provides innovative payday solutions aimed at enhancing financial wellness for employees. Founded in 2019, SmartWage offers services that allow employees to track their earnings and access their earned salaries on demand. The company also provides salary-packaging administration services to both employers and employees, making it one of the most affordable and accessible options in the South African market. Through its offerings, SmartWage seeks to improve the overall financial well-being of individuals by enabling timely access to earned wages.
Bumpa
Seed Round in 2022
Bumpa is a company that develops a digital commerce infrastructure platform tailored for Micro, Small, and Medium Enterprises (MSMEs) across Africa. Its user-friendly mobile application allows small business owners to establish an online presence, showcase their products, and securely process payments. Bumpa also provides tools for recording sales data, issuing professional invoices and receipts, and accessing comprehensive financial reports. By enabling efficient order management and offering essential digital tools, Bumpa seeks to empower African sellers and transform the e-commerce landscape, helping businesses start, manage, and grow successfully from their mobile devices.
Julaya
Seed Round in 2022
Julaya is a fintech company focused on providing African businesses with digital financial solutions. The platform enables companies to manage payments efficiently through a digital account, facilitating mobile money transactions for employees and suppliers. Julaya's services include issuing virtual and physical prepaid cards, allowing businesses to streamline their financial operations. Additionally, the software supports utility bill payments, credit card reloading, and money transfers, enhancing accessibility to digital payment options. By digitizing their operations on the Julaya platform, businesses can also access digital loans, thereby improving their financial flexibility and operational efficiency. Julaya aims to empower businesses by offering a comprehensive suite of financial tools tailored to meet their specific needs.
Proteinea
Seed Round in 2022
Proteinea is a biotechnology company that specializes in developing biotherapeutics by utilizing advanced protein engineering techniques. The company has created a platform that employs proprietary artificial intelligence models and computational tools to design next-generation antibodies with enhanced efficacy, safety, and convenience. By integrating novel deep-learning models with smart experimental throughput, Proteinea aims to streamline the process of biologics design for antibody medicines. This innovative approach allows clients to evaluate the efficacy, yield, safety, and pharmacological properties of their products more effectively, ultimately leading to smarter and faster development of therapeutic solutions.
ImaliPay
Seed Round in 2022
ImaliPay is a financial health platform tailored for freelancers and blue-collar gig workers, collaborating with various gig platforms to deliver essential financial products. The company focuses on creating a supportive ecosystem that allows gig workers to establish a safety net around their employment. By providing easy savings options and transparent financing solutions, ImaliPay aims to enhance the productivity and economic empowerment of these workers. Through its innovative approach, the platform seeks to improve the financial well-being of freelancers and gig workers, enabling them to better manage their finances and achieve greater financial health.
Otida
Pre Seed Round in 2022
Otida is a company that provides comprehensive support for individuals with diabetes through its innovative app and glucose monitoring kit. The app serves multiple roles, functioning as a nutritionist, fitness coach, and physician to help patients effectively manage their daily lives. By employing digital therapeutics and continuous remote monitoring, Otida enables users to monitor their blood sugar levels and adopt healthier lifestyles, ultimately aiming to reverse diabetes and prevent its complications. The company's holistic approach not only assists in controlling blood sugar without the need for medication but also promotes weight loss and reduces the risk of heart disease, thereby supporting patients in achieving better overall health.
Caantin AI
Seed Round in 2022
Caantin is focused on enhancing the contribution of restaurants to the global economy by providing a comprehensive platform tailored for the African food industry. Their solution facilitates food supply procurement, short-term credit access, and overall business management for restaurants. By developing vendor management and payments software, Caantin simplifies onboarding and operations, which improves customer satisfaction and business performance. The platform streamlines procurement processes, supplier payments, and inventory financing, while also offering payment reminders and a collection system for accounts receivable. This enables clients to obtain necessary products at competitive prices, ultimately supporting the growth of food businesses across Africa.
ElGameya
Seed Round in 2022
ElGameya is a Cairo-based company established in 2018 that specializes in a digital savings platform designed to facilitate systematic savings and loans among friends. The application enables users to manage their ROSCA (Rotating Savings and Credit Association) cycles effectively, allowing them to digitize private money cycles or connect with others in public circles who have similar saving and lending capabilities. Additionally, ElGameya's app includes a marketplace where users can access exclusive discounted products as a cash-out option, enhancing the overall user experience. The platform promotes micro-credit and collaborative lending services, which are rooted in the sharing economy, enabling users to create, join, and manage their money cycles easily and accurately online.
Treepz
Seed Round in 2021
Treepz is a technology-driven transportation company focused on enhancing mobility across Africa. Founded in 2019 and headquartered in Ontario, Canada, Treepz operates in Nigeria, Ghana, Uganda, and Kenya, providing users with a reliable and comfortable commuting experience. Its application allows users to book trips for daily, inter-city, or corporate travel at the tap of a button. The platform offers features such as vehicle assistants, licensed drivers, and e-wallet payments, ensuring that users can book and pay for fast and convenient trips in real-time. Through its innovative approach, Treepz aims to create a safer and more efficient transportation system for commuters in the region.
Appetito
Seed Round in 2021
Appetito is an online grocery delivery platform that specializes in providing customers with a variety of food and grocery products. The company focuses on delivering daily fresh baked goods, along with a wide selection of savory and sweet snacks. By offering convenience and quality, Appetito enables customers to easily order essential items and have them delivered directly to their doorstep, enhancing the grocery shopping experience.
Odiggo
Seed Round in 2021
Odiggo is transforming the healthcare sector by automating physician workflows. Using language models, the company is able to automate all administrative tasks and save doctors 3 hours daily on documentation.
Appetito
Seed Round in 2021
Appetito is an online grocery delivery platform that specializes in providing customers with a variety of food and grocery products. The company focuses on delivering daily fresh baked goods, along with a wide selection of savory and sweet snacks. By offering convenience and quality, Appetito enables customers to easily order essential items and have them delivered directly to their doorstep, enhancing the grocery shopping experience.
ElGameya
ElGameya is a Cairo-based company established in 2018 that specializes in a digital savings platform designed to facilitate systematic savings and loans among friends. The application enables users to manage their ROSCA (Rotating Savings and Credit Association) cycles effectively, allowing them to digitize private money cycles or connect with others in public circles who have similar saving and lending capabilities. Additionally, ElGameya's app includes a marketplace where users can access exclusive discounted products as a cash-out option, enhancing the overall user experience. The platform promotes micro-credit and collaborative lending services, which are rooted in the sharing economy, enabling users to create, join, and manage their money cycles easily and accurately online.
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