Novastar Ventures

Novastar Ventures is a Kenya-headquartered venture capital firm that supports startups and growth-stage companies across Africa. It partners with bold entrepreneurs to build and scale business models that serve the mass market, with a focus on sectors including healthcare, education, energy, housing and sanitation, agribusiness, food, water, information technology and financial services. The firm targets opportunities in East and West Africa and maintains offices in Nairobi, Lagos and London to connect multiple centres of activity. Rather than a traditional fund manager, it acts as a venture catalyst, helping entrepreneurs design innovative solutions, access capital, and achieve durable impact for people and markets across the continent.

Steve Beck

Managing Partner

Abel Boreto

Associate

Andrew Carruthers

Managing Partner

Oluwatoyin Emmanuel-Olubake

Managing Director

Simon Harford

Investor

Samuel Kanu

Associate

Dominic Michel

Associate

Mathews Ndubi

Investor

Brian Waswani Odhiambo

Managing Director

Sapna Shah

Partner

Niraj Varia

Partner

Riki Yamauchi

Director, Strategic Investments and Partnerships

Toke Soyebo, C.

Associate

56 past transactions

Sistema.bio

Venture Round in 2025
Sistema.bio manufactures prefabricated modular biodigester systems for farmers. These systems convert organic waste like animal manure into methane gas for thermal energy in cooking and mechanical energy in farming, as well as organic fertilizer.

BasiGo

Series A in 2024
BasiGo is an e-mobility company focused on electrifying public transportation in Kenya and Rwanda. It provides electric buses to bus operators through a flexible financing and service model that includes maintenance and battery charging, helping operators transition from diesel with predictable operating costs. Its buses are designed to be an economical, convenient, and reliable alternative to diesel, capable of all-day operation on a single charge with proven battery technology. By offering affordable financing options and end-to-end support, BasiGo enables bus owners to adopt electric fleets while reducing fuel costs and emissions.

BasiGo

Seed Round in 2022
BasiGo is an e-mobility company focused on electrifying public transportation in Kenya and Rwanda. It provides electric buses to bus operators through a flexible financing and service model that includes maintenance and battery charging, helping operators transition from diesel with predictable operating costs. Its buses are designed to be an economical, convenient, and reliable alternative to diesel, capable of all-day operation on a single charge with proven battery technology. By offering affordable financing options and end-to-end support, BasiGo enables bus owners to adopt electric fleets while reducing fuel costs and emissions.

MoKo Home + Living

Series B in 2022
MoKo Home + Living is a Nairobi, Kenya-based manufacturer and retailer of home furniture established in 2014. It designs and produces durable, modern furnishings, including sofas and mattresses, with seating options such as 3-, 4-, and 6-seater models; some sofas feature removable covers, velcro and zip closures, side pockets and footstools. The company focuses on meeting consumer needs through customized design and offers delivery to homes, with sales channels that include online and social platforms like Facebook and WhatsApp.

Turaco

Series A in 2022
Turaco Inc., established in 2018 and headquartered in Wilmington, Delaware, is an insurance technology company specializing in providing affordable health and life insurance solutions to low-income individuals. It offers a range of products, including health loans and insurance, delivered through a user-friendly mobile application and online platform. Turaco's mission is to make healthcare financing accessible and affordable, enabling customers to manage risks and obtain necessary medical care at budget-friendly monthly premiums.

iProcure

Series B in 2022
iProcure Ltd is a Nairobi-based company that operates a supply chain platform focused on optimizing agricultural input distribution in rural Africa, particularly in Kenya. Founded in 2012, iProcure provides a comprehensive solution that integrates business intelligence and data-driven stock management to enhance the operations of agricultural retailers. The platform enables retailers to manage inventory, point-of-sale activities, and customer profiles while leveraging geo-located purchasing patterns and real-time transaction analysis. Additionally, iProcure facilitates mobile payments, allowing retailers to better predict demand and improve overall inventory management. By offering an alternative distribution channel, the company ensures that agricultural products reach end consumers effectively, thereby streamlining distribution and enhancing customer service. iProcure also provides warehousing and storage facilities to support its logistics operations.

TeamApt

Series B in 2022
TeamApt is a financial technology company that develops digital banking and payment platform for financial transactions. It offers an end-to-end omnichannel digital banking service called Moneytor Digital Banking, enabling banks to offer retail, merchant, and corporate banking services through digital channels, Aptpay for automation of digital banking business operations, settlements, reconciliations, and tracks digital transformation processes with web and mobile interfaces. TeamApt was founded in 2015 and is headquartered in Lekki, Lagos, Nigeria.

BasiGo

Seed Round in 2022
BasiGo is an e-mobility company focused on electrifying public transportation in Kenya and Rwanda. It provides electric buses to bus operators through a flexible financing and service model that includes maintenance and battery charging, helping operators transition from diesel with predictable operating costs. Its buses are designed to be an economical, convenient, and reliable alternative to diesel, capable of all-day operation on a single charge with proven battery technology. By offering affordable financing options and end-to-end support, BasiGo enables bus owners to adopt electric fleets while reducing fuel costs and emissions.

Poa Internet

Series C in 2022
Poa Internet Ltd. is a telecommunications company based in Nairobi, Kenya, founded in 2015. It specializes in providing low-cost internet services to individuals and small businesses in low-income neighborhoods, particularly in areas like Kibera and Kwangware. The company offers affordable and reliable internet access that is significantly cheaper than traditional network operators. Poa's services are delivered through a Wi-Fi network that covers entire neighborhoods, allowing users to connect with any Wi-Fi-enabled device at any time. Unique to Poa is its transparent pricing model, which includes data bundles without time limitations, as well as free content and online tools such as job boards and marketplaces. By focusing on underserved communities, Poa Internet aims to enhance access to education, trade, and social inclusion while ensuring improved quality of internet connections at accessible prices.

Regen Organics

Series C in 2022
Regen Organics is dedicated to transforming agriculture, cities, and communities through innovative circular economy methods. The company specializes in managing residual organics in a climate-resilient agricultural sector, focusing on the manufacture and delivery of regenerative fertilizers, feeds, and fuels. By developing green technologies, Regen Organics aims to promote nurturing soils and thriving ecosystems, facilitating a sustainable future for the planet. With a commitment to environmental stewardship and a strong foundation of industry knowledge, the company seeks to drive meaningful change in agricultural practices and community development.

MAX

Series B in 2021
MAX is a company that specializes in providing motorcycle taxi and transport services, focusing on the last-mile delivery and online retail challenges in Africa. By utilizing mobile and web platforms, MAX connects consumers, retail businesses, and independent drivers in real-time, effectively removing logistical and technological barriers that have hindered retail growth on the continent. Additionally, MAX offers electric and low-emission vehicle subscription services tailored for commercial drivers, promoting financial freedom and wealth creation through vehicle ownership. The company aims to ensure that independent drivers have access to safe, reliable, and sustainable mobility solutions, thereby enhancing the overall transport landscape in Africa.

TradeDepot

Series B in 2021
Founded in 2016, TradeDepot is a SaaS platform that connects FMCG distributors, wholesalers, and retailers across Africa. It leverages real-time stock level tracking, predictive trade intelligence, and automated sales promotions to boost sales and improve distribution efficiency.

Ignitia

Series A in 2021
Ignitia specializes in high-resolution, AI-driven weather forecasting optimized for tropical regions. It provides hyper-localized forecasts via SMS, benefiting agriculture, industry, mining, and offshore applications. The company's services include short-term forecasting, climate statistics, early warnings for extreme weather, and near real-time data.

Moniepoint

Series B in 2021
Moniepoint is a fintech company offering comprehensive financial services for businesses. Its platform enables businesses to create accounts, accept online payments, manage expenses, access credit facilities, and more.

Elephant Healthcare

Series A in 2021
Founded by doctors in 2018, Elephant Healthcare is a London-based technology company dedicated to addressing global healthcare challenges. It designs and develops a digital health system that aims to connect all aspects of the healthcare ecosystem, transforming primary care, saving lives, and reducing costs.

Turaco

Seed Round in 2020
Turaco Inc., established in 2018 and headquartered in Wilmington, Delaware, is an insurance technology company specializing in providing affordable health and life insurance solutions to low-income individuals. It offers a range of products, including health loans and insurance, delivered through a user-friendly mobile application and online platform. Turaco's mission is to make healthcare financing accessible and affordable, enabling customers to manage risks and obtain necessary medical care at budget-friendly monthly premiums.

SureChill

Convertible Note in 2020
SureChill develops innovative cooling technology that continuously maintains temperatures without relying on consistent power supply. Harnessing water's unique properties, it ensures optimal cooling for extended periods, making it ideal for preserving vaccines and other essential goods in regions with unreliable electricity.

Komaza

Series B in 2020
Komaza is a tech-driven sustainable forestry company founded in 2006 by Tevis Howard. It focuses on transforming the wood industry in Africa through its innovative farmer platform, which integrates technology, training, and services. By partnering with rural farmers to establish virtual plantations and plant woodlots, Komaza aims to create a sustainable wood supply while significantly reducing costs compared to traditional plantations. This approach not only addresses the growing demand for wood and wood products but also empowers small-holder farmers, enabling them to contribute to solving the wood supply crisis in the region.

mPharma

Series C in 2020
mPharma is a healthcare company focused on enhancing access to affordable medications in emerging markets. Founded in 2013 by Gregory Rockson, Daniel Shoukimas, and James Finucane, mPharma collaborates with drug manufacturers, insurance providers, financial institutions, and governments to streamline the delivery of prescription drugs to consumers. The company offers a pharmaceutical data analytics platform that assists pharmacies in managing their inventory, prescribing medications, and reporting adverse drug reactions. By ensuring that high-quality chronic disease medications are consistently available at sustainable prices, mPharma aims to improve health outcomes for patients, doctors, and pharmacists alike.

SureChill

Series A in 2019
SureChill develops innovative cooling technology that continuously maintains temperatures without relying on consistent power supply. Harnessing water's unique properties, it ensures optimal cooling for extended periods, making it ideal for preserving vaccines and other essential goods in regions with unreliable electricity.

MAX

Venture Round in 2019
MAX is a company that specializes in providing motorcycle taxi and transport services, focusing on the last-mile delivery and online retail challenges in Africa. By utilizing mobile and web platforms, MAX connects consumers, retail businesses, and independent drivers in real-time, effectively removing logistical and technological barriers that have hindered retail growth on the continent. Additionally, MAX offers electric and low-emission vehicle subscription services tailored for commercial drivers, promoting financial freedom and wealth creation through vehicle ownership. The company aims to ensure that independent drivers have access to safe, reliable, and sustainable mobility solutions, thereby enhancing the overall transport landscape in Africa.

iProcure

Venture Round in 2019
iProcure Ltd is a Nairobi-based company that operates a supply chain platform focused on optimizing agricultural input distribution in rural Africa, particularly in Kenya. Founded in 2012, iProcure provides a comprehensive solution that integrates business intelligence and data-driven stock management to enhance the operations of agricultural retailers. The platform enables retailers to manage inventory, point-of-sale activities, and customer profiles while leveraging geo-located purchasing patterns and real-time transaction analysis. Additionally, iProcure facilitates mobile payments, allowing retailers to better predict demand and improve overall inventory management. By offering an alternative distribution channel, the company ensures that agricultural products reach end consumers effectively, thereby streamlining distribution and enhancing customer service. iProcure also provides warehousing and storage facilities to support its logistics operations.

Soko

Series A in 2019
Soko, Inc. is a Kenya-based company that operates an online platform for handcrafted jewelry and accessories, including necklaces, bracelets, earrings, and rings. Founded in 2011, Soko connects over 2,300 independent artisans throughout Kenya to the global marketplace using mobile technology. The company has developed a virtual factory model that responds efficiently to demand while providing economic opportunities for marginalized artisans, who earn significantly more than those in traditional workshops. Soko distinguishes itself through its commitment to social impact and is certified as a B Corporation, appealing to Millennials and Gen Z consumers who prioritize brands that align with their values. With additional offices in Nairobi, San Francisco, and New York, Soko aims to empower artisans and promote sustainable economic development.

GreenPath Food

Venture Round in 2019
GreenPath Food specializes in organic fruit and vegetable production, focusing on sustainable farming practices. Based in Ethiopia, the company cultivates crops such as avocados, moringa, and lemongrass without machinery, promoting environmental sustainability and improved nutrition for both consumers and farmers.

mPharma

Series B in 2019
mPharma is a healthcare company focused on enhancing access to affordable medications in emerging markets. Founded in 2013 by Gregory Rockson, Daniel Shoukimas, and James Finucane, mPharma collaborates with drug manufacturers, insurance providers, financial institutions, and governments to streamline the delivery of prescription drugs to consumers. The company offers a pharmaceutical data analytics platform that assists pharmacies in managing their inventory, prescribing medications, and reporting adverse drug reactions. By ensuring that high-quality chronic disease medications are consistently available at sustainable prices, mPharma aims to improve health outcomes for patients, doctors, and pharmacists alike.

MoKo Home + Living

Series A in 2018
MoKo Home + Living is a Nairobi, Kenya-based manufacturer and retailer of home furniture established in 2014. It designs and produces durable, modern furnishings, including sofas and mattresses, with seating options such as 3-, 4-, and 6-seater models; some sofas feature removable covers, velcro and zip closures, side pockets and footstools. The company focuses on meeting consumer needs through customized design and offers delivery to homes, with sales channels that include online and social platforms like Facebook and WhatsApp.

PayGo Energy

Venture Round in 2018
PayGo Energy is a Kenyan company founded in 2014 that develops and manufactures metering systems for pre-paid cooking gas. Its innovative technology allows customers to monitor their gas consumption and predict when their supply will run low, facilitating timely refills. By utilizing a pay-as-you-go model, the company enables households to purchase clean cooking fuel within their budget through mobile money transactions. This approach addresses the significant environmental and health issues associated with traditional cooking methods that rely on biomass fuels, which affect underserved communities globally. The company's system links gas cylinders with a cloud service and mobile connectivity, thereby enhancing the accessibility and efficiency of clean energy solutions for everyday cooking needs.

GreenPath Food

Series A in 2018
GreenPath Food specializes in organic fruit and vegetable production, focusing on sustainable farming practices. Based in Ethiopia, the company cultivates crops such as avocados, moringa, and lemongrass without machinery, promoting environmental sustainability and improved nutrition for both consumers and farmers.

Penda Health

Series B in 2018
Founded in Kenya in 2011, Penda Health operates a network of outpatient medical centers offering affordable, high-quality care. Services range from general consultations and diagnostics to specialized care like OB/GYN services. The company leverages technology for enhanced patient outcomes and is recognized for its innovative, patient-centered approach.

SolarNow

Series B in 2017
SolarNow provides solar energy and financing solutions in East Africa through a subsidiary, offering solar home systems, electrical appliances, and power solutions for rural and urban households, entrepreneurs, and institutions. The company serves households, small businesses, farming operations, and corporate customers with flexible credit and service options to access clean, affordable energy. Founded in 2011 by Willem Nolens, it is headquartered in Nijmegen, the Netherlands, with operations in Uganda and Kenya.

Komaza

Series A in 2017
Komaza is a tech-driven sustainable forestry company founded in 2006 by Tevis Howard. It focuses on transforming the wood industry in Africa through its innovative farmer platform, which integrates technology, training, and services. By partnering with rural farmers to establish virtual plantations and plant woodlots, Komaza aims to create a sustainable wood supply while significantly reducing costs compared to traditional plantations. This approach not only addresses the growing demand for wood and wood products but also empowers small-holder farmers, enabling them to contribute to solving the wood supply crisis in the region.

iProcure

Venture Round in 2017
iProcure Ltd is a Nairobi-based company that operates a supply chain platform focused on optimizing agricultural input distribution in rural Africa, particularly in Kenya. Founded in 2012, iProcure provides a comprehensive solution that integrates business intelligence and data-driven stock management to enhance the operations of agricultural retailers. The platform enables retailers to manage inventory, point-of-sale activities, and customer profiles while leveraging geo-located purchasing patterns and real-time transaction analysis. Additionally, iProcure facilitates mobile payments, allowing retailers to better predict demand and improve overall inventory management. By offering an alternative distribution channel, the company ensures that agricultural products reach end consumers effectively, thereby streamlining distribution and enhancing customer service. iProcure also provides warehousing and storage facilities to support its logistics operations.

Poa Internet

Series A in 2017
Poa Internet Ltd. is a telecommunications company based in Nairobi, Kenya, founded in 2015. It specializes in providing low-cost internet services to individuals and small businesses in low-income neighborhoods, particularly in areas like Kibera and Kwangware. The company offers affordable and reliable internet access that is significantly cheaper than traditional network operators. Poa's services are delivered through a Wi-Fi network that covers entire neighborhoods, allowing users to connect with any Wi-Fi-enabled device at any time. Unique to Poa is its transparent pricing model, which includes data bundles without time limitations, as well as free content and online tools such as job boards and marketplaces. By focusing on underserved communities, Poa Internet aims to enhance access to education, trade, and social inclusion while ensuring improved quality of internet connections at accessible prices.

PayGo Energy

Series A in 2017
PayGo Energy is a Kenyan company founded in 2014 that develops and manufactures metering systems for pre-paid cooking gas. Its innovative technology allows customers to monitor their gas consumption and predict when their supply will run low, facilitating timely refills. By utilizing a pay-as-you-go model, the company enables households to purchase clean cooking fuel within their budget through mobile money transactions. This approach addresses the significant environmental and health issues associated with traditional cooking methods that rely on biomass fuels, which affect underserved communities globally. The company's system links gas cylinders with a cloud service and mobile connectivity, thereby enhancing the accessibility and efficiency of clean energy solutions for everyday cooking needs.

Poa Internet

Venture Round in 2017
Poa Internet Ltd. is a telecommunications company based in Nairobi, Kenya, founded in 2015. It specializes in providing low-cost internet services to individuals and small businesses in low-income neighborhoods, particularly in areas like Kibera and Kwangware. The company offers affordable and reliable internet access that is significantly cheaper than traditional network operators. Poa's services are delivered through a Wi-Fi network that covers entire neighborhoods, allowing users to connect with any Wi-Fi-enabled device at any time. Unique to Poa is its transparent pricing model, which includes data bundles without time limitations, as well as free content and online tools such as job boards and marketplaces. By focusing on underserved communities, Poa Internet aims to enhance access to education, trade, and social inclusion while ensuring improved quality of internet connections at accessible prices.

iProcure

Series A in 2017
iProcure Ltd is a Nairobi-based company that operates a supply chain platform focused on optimizing agricultural input distribution in rural Africa, particularly in Kenya. Founded in 2012, iProcure provides a comprehensive solution that integrates business intelligence and data-driven stock management to enhance the operations of agricultural retailers. The platform enables retailers to manage inventory, point-of-sale activities, and customer profiles while leveraging geo-located purchasing patterns and real-time transaction analysis. Additionally, iProcure facilitates mobile payments, allowing retailers to better predict demand and improve overall inventory management. By offering an alternative distribution channel, the company ensures that agricultural products reach end consumers effectively, thereby streamlining distribution and enhancing customer service. iProcure also provides warehousing and storage facilities to support its logistics operations.

Lynk Jobs

Seed Round in 2017
Lynk Jobs Limited operates a digital platform that connects informal workers with customers seeking various services, including housekeeping, plumbing, electrical work, and carpentry. Founded in 2015 and headquartered in Nairobi, Kenya, Lynk allows users to describe the projects or tasks they need assistance with and queries professionals that match those descriptions. The platform provides quotes from verified professionals and manages the logistics of service delivery. In addition to connecting service providers and customers, Lynk offers training courses aimed at personal and professional development for its workers. By addressing the challenges faced by informal workers and the households and businesses that require their services, Lynk facilitates effective recruitment, smart job matching, and a customer rating system that helps workers build their skills profiles.

PayGo Energy

Seed Round in 2017
PayGo Energy is a Kenyan company founded in 2014 that develops and manufactures metering systems for pre-paid cooking gas. Its innovative technology allows customers to monitor their gas consumption and predict when their supply will run low, facilitating timely refills. By utilizing a pay-as-you-go model, the company enables households to purchase clean cooking fuel within their budget through mobile money transactions. This approach addresses the significant environmental and health issues associated with traditional cooking methods that rely on biomass fuels, which affect underserved communities globally. The company's system links gas cylinders with a cloud service and mobile connectivity, thereby enhancing the accessibility and efficiency of clean energy solutions for everyday cooking needs.

Sanergy

Series B in 2017
Sanergy, Inc. focuses on enhancing sanitation infrastructure in urban slums, particularly in Nairobi, Kenya. Established in 2010, the company builds a network of low-cost sanitation centers equipped with essential facilities such as toilets and showers. These centers are then franchised to local entrepreneurs, with financial support from microfinance institutions. Sanergy not only provides access to hygienic sanitation but also collects human waste daily for processing. This waste is converted into valuable byproducts, including organic fertilizers and renewable energy through a biogas generation process. The organic fertilizers are sold to both commercial farms and smallholder farmers, while the generated biogas is used to produce electricity for sale. Sanergy's mission is to promote public health and environmental sustainability by creating an efficient and equitable sanitation system that addresses the needs of underserved urban communities.

Regen Organics

Series B in 2017
Regen Organics is dedicated to transforming agriculture, cities, and communities through innovative circular economy methods. The company specializes in managing residual organics in a climate-resilient agricultural sector, focusing on the manufacture and delivery of regenerative fertilizers, feeds, and fuels. By developing green technologies, Regen Organics aims to promote nurturing soils and thriving ecosystems, facilitating a sustainable future for the planet. With a commitment to environmental stewardship and a strong foundation of industry knowledge, the company seeks to drive meaningful change in agricultural practices and community development.

NewGlobe

Series E in 2017
NewGlobe partners with governments worldwide to revolutionize public education systems through technology. Their solution combines adaptive instructional content, digital learning platforms, training, coaching, and support to enhance learning outcomes and empower every student.

Soko

Venture Round in 2016
Soko, Inc. is a Kenya-based company that operates an online platform for handcrafted jewelry and accessories, including necklaces, bracelets, earrings, and rings. Founded in 2011, Soko connects over 2,300 independent artisans throughout Kenya to the global marketplace using mobile technology. The company has developed a virtual factory model that responds efficiently to demand while providing economic opportunities for marginalized artisans, who earn significantly more than those in traditional workshops. Soko distinguishes itself through its commitment to social impact and is certified as a B Corporation, appealing to Millennials and Gen Z consumers who prioritize brands that align with their values. With additional offices in Nairobi, San Francisco, and New York, Soko aims to empower artisans and promote sustainable economic development.

Poa Internet

Series A in 2016
Poa Internet Ltd. is a telecommunications company based in Nairobi, Kenya, founded in 2015. It specializes in providing low-cost internet services to individuals and small businesses in low-income neighborhoods, particularly in areas like Kibera and Kwangware. The company offers affordable and reliable internet access that is significantly cheaper than traditional network operators. Poa's services are delivered through a Wi-Fi network that covers entire neighborhoods, allowing users to connect with any Wi-Fi-enabled device at any time. Unique to Poa is its transparent pricing model, which includes data bundles without time limitations, as well as free content and online tools such as job boards and marketplaces. By focusing on underserved communities, Poa Internet aims to enhance access to education, trade, and social inclusion while ensuring improved quality of internet connections at accessible prices.

Penda Health

Venture Round in 2016
Founded in Kenya in 2011, Penda Health operates a network of outpatient medical centers offering affordable, high-quality care. Services range from general consultations and diagnostics to specialized care like OB/GYN services. The company leverages technology for enhanced patient outcomes and is recognized for its innovative, patient-centered approach.

Sanergy

Venture Round in 2016
Sanergy, Inc. focuses on enhancing sanitation infrastructure in urban slums, particularly in Nairobi, Kenya. Established in 2010, the company builds a network of low-cost sanitation centers equipped with essential facilities such as toilets and showers. These centers are then franchised to local entrepreneurs, with financial support from microfinance institutions. Sanergy not only provides access to hygienic sanitation but also collects human waste daily for processing. This waste is converted into valuable byproducts, including organic fertilizers and renewable energy through a biogas generation process. The organic fertilizers are sold to both commercial farms and smallholder farmers, while the generated biogas is used to produce electricity for sale. Sanergy's mission is to promote public health and environmental sustainability by creating an efficient and equitable sanitation system that addresses the needs of underserved urban communities.

HiviSasa.com

Venture Round in 2015
Hivisasa is an online news platform based in Nairobi, Kenya, founded in 2011. It specializes in publishing a diverse range of content, including sports, entertainment, business, politics, crime, obituaries, weddings, and opinion pieces. As Africa’s first crowdsourced news site, Hivisasa empowers its readers not only to access untold stories but also to contribute by writing their own. The platform attracts over two million readers monthly and supports a community of over 1,500 local writers. Committed to fostering community engagement and accountability, Hivisasa emphasizes the importance of local perspectives in its editorial approach, ensuring that all its editors collaborate closely with writers from various backgrounds to deliver relevant news to its audience.

M-Farm

Venture Round in 2015
M-Farm Ltd. operates MFarm, a marketplace solution that connects smallholder farmers in Kenya with urban and export markets through a digital platform accessible via SMS and the web. Founded in 2010 and based in Nairobi, the company addresses the challenges faced by the majority of Kenya's farmers, who often lack access to fair market opportunities and face exploitation by middlemen. By negotiating with buyers and ensuring quality through a network of agents, M-Farm encourages farmers to transition from subsistence farming to cash crops, thus enhancing food security. The company provides farmers with up-to-date market prices and access to agricultural training, which improves crop yields and product quality. In turn, buyers benefit from a reliable source of organic produce, transparency in the supply chain, and stable, pre-negotiated prices that protect them from market volatility. M-Farm's innovative approach aims to empower smallholder farmers while meeting the increasing demand for quality agricultural products.

Soko

Seed Round in 2015
Soko, Inc. is a Kenya-based company that operates an online platform for handcrafted jewelry and accessories, including necklaces, bracelets, earrings, and rings. Founded in 2011, Soko connects over 2,300 independent artisans throughout Kenya to the global marketplace using mobile technology. The company has developed a virtual factory model that responds efficiently to demand while providing economic opportunities for marginalized artisans, who earn significantly more than those in traditional workshops. Soko distinguishes itself through its commitment to social impact and is certified as a B Corporation, appealing to Millennials and Gen Z consumers who prioritize brands that align with their values. With additional offices in Nairobi, San Francisco, and New York, Soko aims to empower artisans and promote sustainable economic development.

Komaza

Venture Round in 2015
Komaza is a tech-driven sustainable forestry company founded in 2006 by Tevis Howard. It focuses on transforming the wood industry in Africa through its innovative farmer platform, which integrates technology, training, and services. By partnering with rural farmers to establish virtual plantations and plant woodlots, Komaza aims to create a sustainable wood supply while significantly reducing costs compared to traditional plantations. This approach not only addresses the growing demand for wood and wood products but also empowers small-holder farmers, enabling them to contribute to solving the wood supply crisis in the region.

Regen Organics

Series A in 2015
Regen Organics is dedicated to transforming agriculture, cities, and communities through innovative circular economy methods. The company specializes in managing residual organics in a climate-resilient agricultural sector, focusing on the manufacture and delivery of regenerative fertilizers, feeds, and fuels. By developing green technologies, Regen Organics aims to promote nurturing soils and thriving ecosystems, facilitating a sustainable future for the planet. With a commitment to environmental stewardship and a strong foundation of industry knowledge, the company seeks to drive meaningful change in agricultural practices and community development.

SolarNow

Venture Round in 2014
SolarNow provides solar energy and financing solutions in East Africa through a subsidiary, offering solar home systems, electrical appliances, and power solutions for rural and urban households, entrepreneurs, and institutions. The company serves households, small businesses, farming operations, and corporate customers with flexible credit and service options to access clean, affordable energy. Founded in 2011 by Willem Nolens, it is headquartered in Nijmegen, the Netherlands, with operations in Uganda and Kenya.

Bridge International Academies

Series A in 2014
Bridge International Academies, founded in 2007 and based in Nairobi, Kenya, operates primary schools focused on providing education to underprivileged children. The organization offers scholastic services that adhere to national curricula and emphasizes comprehensive teacher training and development programs. Utilizing advanced wireless technology, Bridge International Academies aims to deliver quality education free of charge, enabling children from disadvantaged backgrounds to access the learning they need for a better future.

NewGlobe

Series D in 2014
NewGlobe partners with governments worldwide to revolutionize public education systems through technology. Their solution combines adaptive instructional content, digital learning platforms, training, coaching, and support to enhance learning outcomes and empower every student.

M-Farm

Seed Round in 2013
M-Farm Ltd. operates MFarm, a marketplace solution that connects smallholder farmers in Kenya with urban and export markets through a digital platform accessible via SMS and the web. Founded in 2010 and based in Nairobi, the company addresses the challenges faced by the majority of Kenya's farmers, who often lack access to fair market opportunities and face exploitation by middlemen. By negotiating with buyers and ensuring quality through a network of agents, M-Farm encourages farmers to transition from subsistence farming to cash crops, thus enhancing food security. The company provides farmers with up-to-date market prices and access to agricultural training, which improves crop yields and product quality. In turn, buyers benefit from a reliable source of organic produce, transparency in the supply chain, and stable, pre-negotiated prices that protect them from market volatility. M-Farm's innovative approach aims to empower smallholder farmers while meeting the increasing demand for quality agricultural products.

The Paradigm Project

Series A in 2012
The Paradigm Project is a manufacturing company based in Ethiopia, established in 2008. It specializes in producing and distributing clean energy products such as cookstoves, solar lamps, water tanks, and filters. The company operates through a network of agents in Kenya and Ethiopia, aiming to provide affordable solutions that improve lives while promoting sustainability.

mPharma

mPharma is a healthcare company focused on enhancing access to affordable medications in emerging markets. Founded in 2013 by Gregory Rockson, Daniel Shoukimas, and James Finucane, mPharma collaborates with drug manufacturers, insurance providers, financial institutions, and governments to streamline the delivery of prescription drugs to consumers. The company offers a pharmaceutical data analytics platform that assists pharmacies in managing their inventory, prescribing medications, and reporting adverse drug reactions. By ensuring that high-quality chronic disease medications are consistently available at sustainable prices, mPharma aims to improve health outcomes for patients, doctors, and pharmacists alike.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.