Jackfruit Finance
Seed Round in 2024
Jackfruit Finance focuses on improving access to education in Africa by providing financial and technological support to low-cost private schools. Recognizing that families prioritize education alongside basic necessities, Jackfruit offers a platform that facilitates micro-loans for parents to cover school fees, alleviating the financial burden of upfront payments. The organization disburses funds to schools at the beginning of each term, allowing parents to repay these loans in manageable weekly installments. Schools serve as credit and collections agents, ensuring a streamlined repayment process. Additionally, Jackfruit incentivizes good repayment practices by offering rewards such as food, textbooks, and sports equipment to schools, further enhancing educational standards and fostering long-term partnerships. This approach not only supports the operational needs of schools but also promotes a sustainable model for financing education in the region.
Complete Farmer
Seed Round in 2023
Complete Farmer Ltd. is an innovative agricultural services company based in Accra, Ghana, founded in 2017. It specializes in building and managing crop farms while providing an end-to-end digital agriculture platform that facilitates the sourcing of quality farm produce. The company leverages Internet of Things technology and machine learning algorithms to enable farm owners to continuously monitor crop health and farming processes. By eliminating intermediaries, Complete Farmer allows individuals globally to conveniently invest in and own farms, thereby promoting food security and supporting nutritious eating. Additionally, the company offers education and training to farmers, ensuring they meet industry specifications and maintain high-quality standards in their produce.
EMTECH is a New York-based fintech company established in 2019, specializing in modernizing central banking infrastructure for enhanced financial inclusion and market resilience. The company offers an API-First Platform that facilitates collaboration between central banks and fintechs, ensuring embedded regulatory compliance and enabling the integration of central bank digital currencies. EMTECH's cloud-based software suite includes digital regulatory sandboxes, digital cash solutions, and cross-border currency integrators, empowering central banks to upgrade their operations and boost efficiency in the Web3 era.
Terragon is a prominent data and marketing technology company headquartered in Lagos, Nigeria, with additional offices in Kenya, South Africa, Ghana, and India. The company specializes in providing enterprise marketing software that aids businesses in customer acquisition and sales management. By leveraging a combination of online and offline data, along with predictive scoring, Terragon enables brands, marketing agencies, and platforms to effectively target consumers across various channels and devices. Their solutions allow for the collection, aggregation, and monetization of first-party data directly from customers, ensuring that advertising efforts are data privacy compliant and do not depend on third-party cookies. This approach empowers businesses to gain insights into consumer behavior and enhance their digital marketing strategies while measuring the effectiveness of their campaigns.
FarmWorks
Seed Round in 2023
FarmWorks is an agricultural technology company that gives farmers access to farm inputs as well as a market for the produce .FarmWork is to unlock agricultural potential by building clusters of mid-sized farms while working with thousands of small-holder farmers and establishing direct linkage to local and global markets.
Figorr is a company that specializes in cold chain solutions, providing temperature-controlled products and comprehensive temperature monitoring services. It focuses on understanding the specific challenges faced by various markets that require reliable temperature management. Figorr offers enterprise software designed for real-time monitoring and tracking of temperature-sensitive items. This software provides clients with crucial information regarding temperature, humidity, and location of their cold chain products, alongside auto-generated reports that summarize cold storage performance over designated periods. By ensuring accurate and timely data, Figorr enables clients to obtain both qualitative and quantitative insights into their temperature-sensitive deliveries, enhancing overall supply chain efficiency.
Shuttlers
Seed Round in 2023
Shuttlers is a technology-driven bus-sharing company that offers scheduled transportation services aimed at professionals in metropolitan areas. The company provides a platform that allows users to find, book, and share bus rides for their daily commutes to work and home. By focusing on efficiency, comfort, and safety, Shuttlers aims to enhance the commuting experience, making it more accessible and affordable for its customers. Through its innovative approach, the company seeks to streamline urban transportation and provide a reliable alternative to traditional commuting options.
Pivo is a financial platform designed to democratize access to financial services for small and medium-sized businesses across Africa. By providing a comprehensive suite of tools tailored for the supply chain sector, Pivo enables clients to efficiently access various financial services from a single hub. This approach fosters a more streamlined and effective means for businesses to engage with borderless financial solutions, ultimately enhancing their operational capabilities and growth potential.
BetaStore
Seed Round in 2022
BetaStore is a business-to-business marketplace designed to connect informal retailers in Africa directly with wholesalers and manufacturers. By facilitating access to goods at wholesale prices, BetaStore enables small retailers to source their inventory without the need to close their shops or navigate multiple suppliers. The company also offers working capital support, allowing retailers to manage their purchases more effectively without overstocking. Additionally, through its platform, BetaStore is able to assess the risk profiles of its retail partners, enabling tailored payment solutions and improving access to commercial lending. This approach addresses the significant challenges in the $270 billion wholesale and retail market in Africa, where over 90% of sales occur through informal channels.
Yemaachi Biotechnology
Seed Round in 2022
Yemaachi Biotechnology is a company focused on advancing cancer diagnosis and treatment through innovative technology. Utilizing immunogenomics, bioinformatics, and artificial intelligence, Yemaachi aims to enhance the development of effective strategies for cancer detection and treatment. The company's platform is designed to improve patient outcomes and reduce the economic burden associated with cancer care. By combining these advanced technologies, Yemaachi seeks to provide more effective therapeutic solutions for cancer patients.
ANKA is an e-commerce platform dedicated to the discovery, buying, and selling of African fashion, arts, and crafts. Founded with the mission to connect creators and enthusiasts of African culture, ANKA enables users to engage with a diverse range of products, including clothing, jewelry, and art. The platform serves as a marketplace that facilitates direct transactions between buyers and sellers globally, ensuring a user-friendly and secure experience. ANKA aims to support African creators by providing them with opportunities to thrive in their crafts while allowing customers worldwide to appreciate and acquire unique African creations. Based in Abidjan, Ivory Coast, ANKA has established itself as a significant player in promoting and celebrating African artistry.
Shuttlers
Seed Round in 2021
Shuttlers is a technology-driven bus-sharing company that offers scheduled transportation services aimed at professionals in metropolitan areas. The company provides a platform that allows users to find, book, and share bus rides for their daily commutes to work and home. By focusing on efficiency, comfort, and safety, Shuttlers aims to enhance the commuting experience, making it more accessible and affordable for its customers. Through its innovative approach, the company seeks to streamline urban transportation and provide a reliable alternative to traditional commuting options.
DrugStoc is a pharmaceutical product procurement platform focused on improving access to safe and quality healthcare products for healthcare providers in Africa. The company aims to enhance the purchasing experience for hospitals, pharmacies, and government facilities by offering a seamless end-to-end procurement process. DrugStoc enables medical professionals to easily acquire medications and consumables at affordable prices, helping to eliminate counterfeit drugs and streamline the supply chain for quality pharmaceuticals. By addressing the challenges faced in healthcare service provision, DrugStoc is committed to supporting a healthier Africa through better access to essential medication and healthcare services.
BFree is a company that specializes in credit management, aiming to enhance the credit collection process through innovative technology. It develops a platform that utilizes artificial intelligence to create ethical credit management tools, prioritizing the financial health of consumers. BFree's approach is centered on helping customers regain control over their finances by facilitating self-administered loan repayments. The company focuses on making the collection process more scalable, efficient, and user-friendly, particularly for individuals in emerging markets. By equipping users with essential financial knowledge and personal budgeting skills, BFree strives to lead customers out of debt sustainably.
Terragon
Venture Round in 2021
Terragon is a prominent data and marketing technology company headquartered in Lagos, Nigeria, with additional offices in Kenya, South Africa, Ghana, and India. The company specializes in providing enterprise marketing software that aids businesses in customer acquisition and sales management. By leveraging a combination of online and offline data, along with predictive scoring, Terragon enables brands, marketing agencies, and platforms to effectively target consumers across various channels and devices. Their solutions allow for the collection, aggregation, and monetization of first-party data directly from customers, ensuring that advertising efforts are data privacy compliant and do not depend on third-party cookies. This approach empowers businesses to gain insights into consumer behavior and enhance their digital marketing strategies while measuring the effectiveness of their campaigns.
Tomato Jos
Series A in 2020
Tomato Jos is a Nigerian company founded in 2014, based in Keffi, that specializes in the production and distribution of tomato paste. In addition to its core business, the company offers consultancy services aimed at educating farmers on best practices for tomato cultivation. By providing quality agricultural inputs and expert guidance, Tomato Jos assists smallholder farmers in improving their growing techniques to better serve local markets. The company's commitment extends beyond product quality, as it seeks to positively impact the lives of farmers and enhance the agricultural landscape in Nigeria.
GET IT Rwanda
Series A in 2020
GET IT is providing produce and dry goods delivery services, including cold storage, beginning with hotels and restaurants. Through its focus on systems, training and superior execution, GET IT seeks to solve the deficiency of cold storage and logistics services in Rwanda and beyond. The company sources produce directly from farmers, cutting out several middlemen who add little value, providing higher quality products at lower cost. GET IT is also introducing new, high demand products to the East African market.
Sendy Ltd. is a logistics company based in Nairobi, Kenya, founded in 2014. It operates a comprehensive logistics platform designed to simplify and optimize delivery processes for businesses. The platform facilitates door-to-door delivery for e-commerce and assists manufacturers and distributors in managing their logistics more efficiently. Sendy connects businesses with multiple transporters, allowing them to schedule, track, and pay for deliveries seamlessly. With a focus on transparency and security, Sendy empowers thousands of companies to manage their logistics through an integrated system that also provides access to reporting tools and cashless payment options.
Kasha
Convertible Note in 2018
Kasha is a Rwanda-based e-commerce platform established in 2015, with an additional office in Nairobi, Kenya, dedicated to improving access to health and personal care products for women in East Africa. The company offers a wide range of products that cater to various aspects of women's health, including beauty care, menstrual hygiene, and sexual and reproductive health. Its product lineup includes bath and body items, menstrual care products such as sanitary pads and menstrual cups, contraceptives, pharmaceuticals, and mom and baby care items. Kasha’s innovative approach serves both urban and rural populations, ensuring that women have access to essential health products at all stages of life, including maternal health and disease prevention. The company emphasizes the importance of accessibility and affordability in promoting overall health and well-being for women in the region.
Agilis Partners
Series A in 2018
Agilis Partners is an agribusiness company focused on enhancing agricultural productivity and sustainability in Africa. The company provides a range of agricultural services aimed at creating an inclusive and efficient staple food system. Its initiatives include acquiring and developing idle land as well as unlocking the potential of Uganda's soils to cultivate crops such as maize, soybeans, and other grains. By doing so, Agilis Partners aims to increase yield potential for farmers, improve long-term soil health, and bolster the resilience of producers against climate change.
DrugStoc
Convertible Note in 2018
DrugStoc is a pharmaceutical product procurement platform focused on improving access to safe and quality healthcare products for healthcare providers in Africa. The company aims to enhance the purchasing experience for hospitals, pharmacies, and government facilities by offering a seamless end-to-end procurement process. DrugStoc enables medical professionals to easily acquire medications and consumables at affordable prices, helping to eliminate counterfeit drugs and streamline the supply chain for quality pharmaceuticals. By addressing the challenges faced in healthcare service provision, DrugStoc is committed to supporting a healthier Africa through better access to essential medication and healthcare services.
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.
Tomato Jos
Venture Round in 2017
Tomato Jos is a Nigerian company founded in 2014, based in Keffi, that specializes in the production and distribution of tomato paste. In addition to its core business, the company offers consultancy services aimed at educating farmers on best practices for tomato cultivation. By providing quality agricultural inputs and expert guidance, Tomato Jos assists smallholder farmers in improving their growing techniques to better serve local markets. The company's commitment extends beyond product quality, as it seeks to positively impact the lives of farmers and enhance the agricultural landscape in Nigeria.