Techstars

Techstars is a global platform that invests in and supports early-stage technology companies. Founded in 2006, it operates a mentorship-driven accelerator program, providing seed funding, intensive mentorship, and access to a network of investors and entrepreneurs. Techstars has programs in various locations worldwide, including Boston, Boulder, New York, Seattle, London, Chicago, and Austin. It invests $118,000 in each company, with $18,000 in seed funding and an optional $100,000 convertible debt note. Techstars also has industry-specific accelerator programs, such as Techstars Retail and Techstars Music, focusing on retail and music technology, respectively. Its portfolio includes over 1,000 companies with a combined market cap of $8.1 billion.

Ethan Austin JD

Director

Sarah Bain

Managing Director

Saalim Chowdhury

Managing Director

Timothy Dorr

Managing Director

Maelle Gavet

CEO and Board Member

Terry Gold

Managing Director

Kirstin Hunter

Managing Director

Raphaele Leyendecker

Managing Director

Bob Moczydlowsky

Managing Director

Bruno Morency

Managing Director

Zach Nies

Managing Director

Hilla Ovil-Brenner

Managing Director

Julie Penner

Program Director

Neal Sales-Griffin

Managing Director

Martin Schilling

Managing Director

Sunil Sharma

Managing Director

KJ Singh

Managing Director

Oyin Solebo

Managing Director

Vijay Tirathrai

Managing Director

Kartik Varma

Managing Director

Jenna Walker

Managing Director

Anne Wellington

Managing Director

Past deals in Kenya

HubIQ

Pre Seed Round in 2024
HubIQ is a logistics company based in Kenya and the United States, focused on enhancing supply chain management for small and medium-sized enterprises (SMEs) in Kenya and East Africa. The company offers a comprehensive platform that integrates warehousing, transportation, and delivery services, utilizing a network of strategically located hubs to optimize last-mile delivery. By providing cost-effective solutions, HubIQ enables businesses in sectors such as manufacturing, distribution, and e-commerce to reduce operational costs and improve overall efficiency, thereby empowering them to succeed in the digital marketplace.

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.

Treepz

Pre 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.

Mobius Motors

Series A in 2018
Mobius Motors Ltd. is a vehicle manufacturer based in Nairobi, Kenya, established in 2011. The company focuses on designing, producing, and selling affordable vehicles tailored for the African mass market, specifically addressing the needs of consumers in developing regions. Mobius Motors' vehicles are engineered for durability and functionality, making them suitable for transporting heavy cargo, navigating rough and degraded terrains, and serving public transport and goods delivery needs. The company's mission is to enhance connectivity and improve the livelihoods of rural African communities by providing appropriate transportation solutions.

Beyonic

Seed Round in 2016
Beyonic, Inc. is a technology company based in Kampala, Uganda, that specializes in providing web-based digital payment services in Uganda and Kenya. Founded in 2006, the company offers a versatile platform that enables businesses to manage two-way mobile money payments across multiple mobile carriers and 26 mobile payment networks, as well as over 20 banks in nine countries. This platform facilitates the efficient management of various financial transactions, including payroll, debt collection, and disbursement of corporate funds. By utilizing a cloud-based system, Beyonic empowers clients to execute cashless payments, simplifying the process of paying suppliers, employees, and beneficiaries in emerging markets. As of June 30, 2020, Beyonic operates as a subsidiary of MFS Africa Limited.

iNuka Pap

Seed Round in 2016
iNuka Pap Limited is a Nairobi-based company established in 2014 that operates a mobile platform designed to provide instant financial services to members of savings and credit co-operatives (SACCOs) and microfinance institutions (MFIs) across Africa. The company's proprietary platform enables users to access short-term cash advances and other consumer services, such as prepaid electricity, airtime, and insurance. This service aims to help members address small cash emergencies quickly and conveniently, allowing them to manage their financial needs anytime and anywhere.

Mobius Motors

Pre Seed Round in 2013
Mobius Motors Ltd. is a vehicle manufacturer based in Nairobi, Kenya, established in 2011. The company focuses on designing, producing, and selling affordable vehicles tailored for the African mass market, specifically addressing the needs of consumers in developing regions. Mobius Motors' vehicles are engineered for durability and functionality, making them suitable for transporting heavy cargo, navigating rough and degraded terrains, and serving public transport and goods delivery needs. The company's mission is to enhance connectivity and improve the livelihoods of rural African communities by providing appropriate transportation solutions.
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