Founders Factory Africa
Venture capitalJohannesburg · Pre-Seed–Seed · 49 people tracked
Investment thesis
Founders Factory Africa backs and builds early-stage startups across the Pan-African ecosystem, with a core focus on FinTech and HealthTech while also supporting founders solving challenges in EdTech, AgriTech, logistics and other industries. The firm runs cohort-based programs and partners with corporates to provide portfolio startups with tools, capital and market access. Its stated aim is to create positive impact on the continent by unlocking opportunities for trade, job creation, knowledge transfer and shared economic prosperity, backing companies on the path to significant scale.
Source: firm website, verified Aug 3, 2026.
Team · 49 people
from the firm's websiteWhat they invest in
from 22 of 48 portfolio companiesFintech ×10B2B Marketplaces ×8Digital Health ×6Healthtech ×6SaaS ×5AI & Machine Learning ×4AgTech ×3Crypto & Web3 ×2
HQs:Nigeria×6Kenya×4United States×4United Kingdom×2South Africa×2United Arab Emirates×1
Investments · 48 tracked
founders shown can be your intro pathBy year:2024 · 12021 · 23 dated
Altify is an investing and savings app that gives everyday and experienced investors access, tools, and knowledge to build long-term wealth, with a focus on alternative and crypto assets beyond the stock market.
Crypto & Web3FintechLondon, GB
Sean Sanders(CEO & Founder)in
Tracks and traces assets, people and value by notarising transactions via messaging to drive social commerce and supply chain visibility.
Medical technology company using AI to transform medical imaging diagnosis.
FloatPays is a financial services provider offering credit and payments solutions, regulated in South Africa as a financial intermediary and payments provider.
FintechHR TechSaaSCape Town, ZA
Simon Ward(Founder)in
A food delivery service operating in Nigeria that delivers to residential and commercial areas across Lagos and Ibadan.
E-commerceFoodTechLagos, NG
Technology platform expanding underrepresented access to clinical trials, starting in West Africa.
Infiuss Health operates a decentralized clinical research platform that connects pharmaceutical sponsors with patient participants, physicians, and hospitals to conduct remote or hybrid clinical trials.
AI & Machine LearningDigital HealthEnterprise SoftwareHealthtechMarketplacesMedical DevicesSaaSSan Francisco, US
Melissa Bime(Founder)in
End-to-end maritime logistics and financing platform offering freight forwarding, customs, trade finance and haulage.
My 1Health is a medical tourism platform that connects international patients with accredited hospitals and specialists worldwide for specialized treatments not available in their home countries.
B2B MarketplacesDigital HealthHealthtechDubai, AE
Neopenda develops health-technology devices for neonatal care in emerging markets, specifically serving healthcare facilities in underserved populations.
BiotechFintechHealthtechImpact & Social GoodIoTMedical DevicesChicago, US
Sona Shah(CEO and Founder)Teresa Cauvel(CTO and Founder)
BoardZachary Seaverns(Director)
B2B ethical sourcing marketplace connecting artisanal producers in emerging markets to international buyers.
Powered by People operates a commerce platform that helps independent and maker-made brands optimize product data and list with 100+ retailers, marketplaces, and AI search surfaces.
B2B MarketplacesE-commerceRetail Tech
Alison Phillips(Co-Founder)Hedvig Alexander(Co-Founder)
Quikk is an integration partner that helps businesses and developers connect to financial providers and digital services across Africa through APIs, offering technical support and guidance to speed up integration cycles.
Data & InfrastructureDeveloper ToolsFintech
Renda provides technology solutions for logistics and mobility businesses operating in emerging markets, enabling operational optimization and expansion across Africa, including Nigeria, Kenya, Uganda, Rwanda, and Tanzania.
B2B MarketplacesLogistics & Supply ChainMobility & TransportationSaaSLagos, NG
Damilola Owoeye(SVP, Fulfilment & Value-Added Services)in
Revix was a cryptocurrency investment platform that offered crypto trading and automated investing features; it merged with Coinpanion and Bitfund in December 2023 to form Altify.
Crypto & Web3FintechCape Town, ZA
Rural Farmers Hub provides decision-support software and services for smallholder and commercial farmers, offering soil analysis, crop health monitoring, yield prediction, and pest management through satellite data and AI.
AgTechAI & Machine LearningData & Infrastructure
New Haven, US
Adebayo Alonge(Executive Officer, Director)Amy Kao(Director)
BoardDuncan Turner(Director)
Schoolable provides tuition financing for parents and fee collection services for private K-12 schools in Africa, allowing schools to receive a large portion of expected tuition within weeks of term start while parents repay in monthly installments.
EdTechLagos, NG
End-to-end logistics platform connecting cargo owners to tech-enabled transporters, with a white-label fleet marketplace.
Proprietary hardware and software enabling affordable digital pathology with a device that captures and annotates microscope images.
Wazi provides online therapy services via video and audio calls, connecting clients with certified Kenyan therapists at a flat rate of 2500.
Digital HealthMental HealthWellness & FitnessNairobi, KE
Wellahealth provides healthcare services and solutions aimed at improving access to quality healthcare across Africa.
AI & Machine LearningB2B MarketplacesDigital HealthFintechHealthtechInsurTechGarki, NG
Winichfarms operates a digital platform that provides storage facilities, fair-price marketplace access, and low-interest credit services for farmers.
AgTechB2B MarketplacesFintech
Zanifu provides inventory financing to small retailers, wholesalers, and distributors, letting them procure stock from suppliers and pay after selling while suppliers are paid in real time, with no collateral or credit history required.
B2B MarketplacesFintechRetail TechNairobi, KE
Zindi is a platform where data scientists and machine learning practitioners compete in AI challenges to build skills, win prizes, and connect with employers.
AI & Machine LearningB2B MarketplacesEdTechEbene
Ekow Duker(Executive Officer, Director)Karim Beguir(Director)Celina Lee(Executive Officer, Director)
BoardDan Zigmond(Director)
Portfolio news
latest coverage across their companiesNeopenda · kingscrowd.com · Apr 18, 2025
Frequently asked questions
- What stage does Founders Factory Africa invest at?
- Founders Factory Africa invests at the Pre-Seed, Seed stages.
- What sectors does Founders Factory Africa focus on?
- Founders Factory Africa focuses on AgTech, EdTech, Fintech, Healthtech, Logistics & Supply Chain, Sector Agnostic.
- Where is Founders Factory Africa located?
- Founders Factory Africa is headquartered in Johannesburg, ZA.
Images
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