Beacon Power Services
Series A in 2024
Beacon Power Services, established in 2013 and headquartered in Lagos, Nigeria, specializes in designing and implementing energy management solutions for commercial and industrial facilities. The company's core offering is its AI-enabled grid management platform, Adora, which provides real-time visibility into network performance for electric utilities, enabling them to anticipate outages, identify network losses, and distribute electricity more efficiently. Additionally, Adora empowers consumers with control over their energy infrastructure, facilitating invoicing, installations, and logistics. Beacon Power Services aims to enhance the quality and duration of electricity supplied in African cities by building smart grids and leveraging data to reduce inefficiencies in power distribution systems.
Nomad Homes
Series A in 2023
Founded in 2019, Nomad Homes is an online real estate brokerage platform headquartered in Dubai. It operates across Europe and the Middle East, empowering agents to collaborate and enhancing buyers' home purchasing journeys through its co-pilot tool.
Revio was founded in 2020 to help businesses collect more revenue, through reducing payment failures and recovering lost revenue. Through a single API, we optimise merchants’ payment stacks with locally-optimised payment methods and smart payment routing, failover, and retries.
We understand that there is more to getting paid than accepting payments, and believe that how you engage customers when trying to collect a failed payment is as important as when you are trying to acquire them. Our Recovery solution builds on this insight, empowering businesses with data-driven omnichannel interaction workflows to recover at-risk revenue from their customers.
Today, we’re helping some of Africa's largest brands and fastest-growing startups increase their revenue through increased payment success rates, customer retention, and lifetime value. Locally grounded but globally relevant, we aim to be the go-to revenue recovery and growth partner for businesses across emerging markets.
Nomba is a fintech company that develops financial software and payment solutions in Africa. It offers business-focused tools such as savings features for businesses, card payments, POS terminals, and banking tools for management. The platform also enables individuals to pay bills, transfer money, buy airtime and TV subscriptions, and pay electricity bills, with withdrawals and data-subscription payments supported through digital channels and an agent network. It aims to make fintech services accessible and affordable by delivering digital payments and banking capabilities across channels in Africa.
Almentor is a prominent continuous e-learning platform that focuses on personal and professional development for individuals in the Middle East and Africa. Launched in January 2018, it boasts the largest library of high-quality Arabic video content, featuring a wide range of paid courses, free talks, crash courses, and books. The platform offers educational resources in both Arabic and English, delivered by experts across various fields, including management, technology, languages, marketing, sales, art, wellness, parenting, and design. By catering to both B2C and B2B markets, Almentor aims to meet the educational needs of Arab learners worldwide, providing them with valuable digital knowledge for their professional growth.
Founded in 2020, Vendease is an online marketplace based in Lagos, Nigeria. It enables restaurants across Africa to order supplies directly from farms and manufacturers, digitizing procurement processes, automating inventory management, and providing analytics for improved profitability.
alphin
Funding Round in 2022
alphin is a European marketing platform for local businesses that combines customer lifecycle management with influencer and visual content networks. The company provides easy-to-use software to centralize and automate marketing activities, helping local business owners win and retain customers across online channels. alphin serves more than a thousand local businesses across Europe, including Austria, Germany, Israel and the United Kingdom, and operates with a diverse team based in Berlin. Since its founding in 2017, alphin has grown to a seven-figure annual recurring revenue, indicating a scalable platform tailored to the needs of small businesses. The platform connects local enterprises with influencers and photographers, enabling authentic brand promotion, enhanced customer engagement, and focus on core business development rather than marketing complexity.
Founded in 2012, Tugende is a Ugandan company that provides finance and business assets to informal sector entrepreneurs and micro, medium, and small-sized enterprises. It offers lease-to-own financing for income-generating assets such as motorcycles (bodas), taxis, matatus, boat engines, and other equipment like smartphones, salon gear, shop fridges, and sewing machines. Tugende also provides value-added services including insurance, safety training, GPS tracking, and genuine parts.
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.
Nomad Homes
Series A in 2021
Founded in 2019, Nomad Homes is an online real estate brokerage platform headquartered in Dubai. It operates across Europe and the Middle East, empowering agents to collaborate and enhancing buyers' home purchasing journeys through its co-pilot tool.
Wave Mobile Money
Series A in 2021
Wave Mobile Money is a financial technology company focused on providing app-based solutions for saving, transferring, and borrowing money in Africa. With a mission to create the first cashless continent, Wave aims to address the challenge of limited access to banking services, as less than 10% of the African population has a bank account. The company is developing an inclusive financial network that offers no account fees and allows for instant transactions, making it accessible to a broader audience. By leveraging technology, Wave is creating affordable financial services that enable individuals to manage their money effectively, thereby fostering economic empowerment and contributing to poverty alleviation. Its platform supports various services, including deposits, withdrawals, bill payments, and money transfers, facilitating cashless transactions for users and businesses alike.
Yoco is an African technology company that enables entrepreneurs and small businesses to accept secure payments online and in person through a single platform. Its product ecosystem includes payments, lending, and business software.
Almentor is a prominent continuous e-learning platform that focuses on personal and professional development for individuals in the Middle East and Africa. Launched in January 2018, it boasts the largest library of high-quality Arabic video content, featuring a wide range of paid courses, free talks, crash courses, and books. The platform offers educational resources in both Arabic and English, delivered by experts across various fields, including management, technology, languages, marketing, sales, art, wellness, parenting, and design. By catering to both B2C and B2B markets, Almentor aims to meet the educational needs of Arab learners worldwide, providing them with valuable digital knowledge for their professional growth.
Founded in 2012, Tugende is a Ugandan company that provides finance and business assets to informal sector entrepreneurs and micro, medium, and small-sized enterprises. It offers lease-to-own financing for income-generating assets such as motorcycles (bodas), taxis, matatus, boat engines, and other equipment like smartphones, salon gear, shop fridges, and sewing machines. Tugende also provides value-added services including insurance, safety training, GPS tracking, and genuine parts.
TradeDepot
Series B in 2020
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.
Nomad Homes
Seed Round in 2020
Founded in 2019, Nomad Homes is an online real estate brokerage platform headquartered in Dubai. It operates across Europe and the Middle East, empowering agents to collaborate and enhancing buyers' home purchasing journeys through its co-pilot tool.
Gebeya is a Pan-African freelance talent marketplace company headquartered in Addis Ababa, Ethiopia. Founded in 2016, it specializes in providing specialized industry-specific training in software engineering, design, and digital services. Gebeya connects businesses with skilled African talent through its platforms G-Talent, G-Subscription, and G-Made. Its mission is to contribute to Africa's digital transformation by leveraging global job opportunities for African talent.
GuardiCore
Series C in 2019
GuardiCore Ltd. is a data center and cloud security company based in Tel-Aviv, Israel, founded in 2013. The company specializes in providing advanced security solutions that enhance the protection of critical applications against threats. Its offerings include visualization, micro-segmentation, and real-time detection and response capabilities. GuardiCore's technology enables enterprises to achieve greater visibility into their data center networks, effectively track and neutralize intruders, and implement automated mitigation measures in response to breaches. By addressing security challenges in high-traffic virtual environments, GuardiCore aims to deliver innovative and effective methods for safeguarding sensitive data and ensuring operational integrity.
KUDI is a financial service provider focused on providing access to electronic banking and financial services by leveraging conversational interfaces, natural language processing and artificial intelligence to provider faster access, frictionless experience, and ultimately boost financial inclusion in emerging markets.
KUDI is enabling secured financial transactions via Facebook, Telegram, Slack and Skype.
KUDI's focus is the African market with a primary focus on the Nigerian Payment ecosystem and the company does this in partnership with e-payment regulators, a leading commercial bank, and an international payment processor.
Nomba is a fintech company that develops financial software and payment solutions in Africa. It offers business-focused tools such as savings features for businesses, card payments, POS terminals, and banking tools for management. The platform also enables individuals to pay bills, transfer money, buy airtime and TV subscriptions, and pay electricity bills, with withdrawals and data-subscription payments supported through digital channels and an agent network. It aims to make fintech services accessible and affordable by delivering digital payments and banking capabilities across channels in Africa.
KUDI is a financial service provider focused on providing access to electronic banking and financial services by leveraging conversational interfaces, natural language processing and artificial intelligence to provider faster access, frictionless experience, and ultimately boost financial inclusion in emerging markets.
KUDI is enabling secured financial transactions via Facebook, Telegram, Slack and Skype.
KUDI's focus is the African market with a primary focus on the Nigerian Payment ecosystem and the company does this in partnership with e-payment regulators, a leading commercial bank, and an international payment processor.
Wasoko is an Africa-focused e-commerce platform that connects small shops and informal retailers with suppliers, allowing retailers to place orders via SMS or a mobile app and receive free same-day delivery to their stores. By digitizing procurement, the platform expands access to a broad range of essential goods, helping manufacturers and distributors reach more stores and improve product availability for consumers in emerging markets. The service supports trade and economic growth across Africa by increasing sales, widening market coverage for suppliers, and delivering a stable, efficient sourcing experience.
Yoco is an African technology company that enables entrepreneurs and small businesses to accept secure payments online and in person through a single platform. Its product ecosystem includes payments, lending, and business software.
alphin is a European marketing platform for local businesses that combines customer lifecycle management with influencer and visual content networks. The company provides easy-to-use software to centralize and automate marketing activities, helping local business owners win and retain customers across online channels. alphin serves more than a thousand local businesses across Europe, including Austria, Germany, Israel and the United Kingdom, and operates with a diverse team based in Berlin. Since its founding in 2017, alphin has grown to a seven-figure annual recurring revenue, indicating a scalable platform tailored to the needs of small businesses. The platform connects local enterprises with influencers and photographers, enabling authentic brand promotion, enhanced customer engagement, and focus on core business development rather than marketing complexity.
TradeDepot
Series A in 2018
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.
Frontier Car Group
Series A in 2017
Frontier Car Group is a Berlin-based startup focused on developing and operating used automotive marketplaces in emerging markets, including Nigeria, Mexico, Argentina, Colombia, Chile, Pakistan, and Indonesia. The company aims to simplify the process of buying and selling used cars through its online platform, which features a digital quote engine that provides instant pricing for vehicles. This technology not only enhances the efficiency of transactions but also facilitates quick vehicle inspections at designated locations. By leveraging innovative business models and infrastructure, Frontier Car Group is able to create value for all stakeholders involved in the used car market. Additionally, the company is engaged in joint ventures with OLX in India and Poland, further expanding its reach and impact in the automotive sector.
Wave Mobile Money
Seed Round in 2016
Wave Mobile Money is a financial technology company focused on providing app-based solutions for saving, transferring, and borrowing money in Africa. With a mission to create the first cashless continent, Wave aims to address the challenge of limited access to banking services, as less than 10% of the African population has a bank account. The company is developing an inclusive financial network that offers no account fees and allows for instant transactions, making it accessible to a broader audience. By leveraging technology, Wave is creating affordable financial services that enable individuals to manage their money effectively, thereby fostering economic empowerment and contributing to poverty alleviation. Its platform supports various services, including deposits, withdrawals, bill payments, and money transfers, facilitating cashless transactions for users and businesses alike.
Zuznow is an Israeli company founded in 2009 that specializes in mobile adaptation solutions for websites. Its platform automates the analysis of a website's visual structure and adapts it for optimal viewing on smartphones, facilitating a seamless mobile experience. Zuznow's technology serves a diverse clientele, including notable companies such as VentureBeat, HOOP, Newsgeek, and BAKER TILLY. The platform offers rapid mobile application development capabilities, allowing businesses to efficiently create secure mobile applications from complex web structures. This comprehensive solution supports various enterprise applications, including B2B, B2C, and B2E, effectively reducing development time and costs by over 90%. Zuznow positions itself as a key resource for organizations looking to implement a sustainable mobile strategy in response to the increasing demand for mobile-friendly solutions.
Prysm
Private Equity Round in 2011
Founded in 2005, Prysm specializes in visual collaboration solutions. It offers Laser Phosphor Displays (LPD) for various spaces such as boardrooms and huddle rooms, along with digital signage platforms like MediaStation. Prysm's technology enables global teams to collaborate on any screen from anywhere.
LED Engin
Series D in 2010
LED Engin, Inc. is a California-based company specializing in the development, manufacturing, and sale of advanced LED emitters, optical components, and light source modules. Founded in 2004 and located in San Jose, the company offers innovative products such as the LuxiTune, a tunable white light engine, and various lenses designed for multi-color and white LEDs. LED Engin's solutions cater to diverse applications, including architectural, dynamic, entertainment, horticultural, analytical, and curing lighting needs. The company's compact and powerful lighting products provide high-quality output while maintaining energy efficiency, enabling designers and engineers to achieve versatile lighting designs. LED Engin distributes its products through direct sales channels and a network of distributors across North America, Asia, Europe, Latin America, Australia, New Zealand, the Middle East, and beyond. As a subsidiary of OSRAM GmbH since 2017, LED Engin is dedicated to sustainable practices, aiming to reduce greenhouse emissions through its innovative lighting technologies.
LED Engin
Series C in 2007
LED Engin, Inc. is a California-based company specializing in the development, manufacturing, and sale of advanced LED emitters, optical components, and light source modules. Founded in 2004 and located in San Jose, the company offers innovative products such as the LuxiTune, a tunable white light engine, and various lenses designed for multi-color and white LEDs. LED Engin's solutions cater to diverse applications, including architectural, dynamic, entertainment, horticultural, analytical, and curing lighting needs. The company's compact and powerful lighting products provide high-quality output while maintaining energy efficiency, enabling designers and engineers to achieve versatile lighting designs. LED Engin distributes its products through direct sales channels and a network of distributors across North America, Asia, Europe, Latin America, Australia, New Zealand, the Middle East, and beyond. As a subsidiary of OSRAM GmbH since 2017, LED Engin is dedicated to sustainable practices, aiming to reduce greenhouse emissions through its innovative lighting technologies.
Founded in 1996, Allot is a global provider of innovative network intelligence and security solutions for service providers and enterprises. Its multi-service platforms are deployed by over 500 service providers and 1000 enterprises worldwide for network analytics, traffic control, shaping, and network-based security services.
IDesia is a medical device company based in Caesarea, Israel, that specializes in biometric authentication technology. Founded in 2004, the company has developed the BioDynamic Signature technology, which utilizes unique electro physiological signals from heartbeats to authenticate users across various devices, including PCs and mobile gadgets. This technology not only supports secure user identification but also offers insights into personal health, fitness, and overall well-being. IDesia's innovative approach ensures that each individual's electro biodynamic signature is nearly impossible to replicate, making it a reliable solution for both commercial and security applications.
Founded in 1996, Allot is a global provider of innovative network intelligence and security solutions for service providers and enterprises. Its multi-service platforms are deployed by over 500 service providers and 1000 enterprises worldwide for network analytics, traffic control, shaping, and network-based security services.
AURA APP (Pty) Ltd is a South African startup that has developed a cloud-based platform designed to enhance security and safety. Founded in 2016 and based in Johannesburg, the company offers an on-demand service that connects clients with the nearest available armed response units from a network of independent reaction companies. This innovative approach not only facilitates rapid access to security responders but also aids in managing crime prevention efforts in various geographical areas. AURA's platform aims to improve safety by ensuring a swift and effective response to security incidents.