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Founders Factory Africa

Venture capital

Johannesburg · Pre-Seed–Seed · 49 people tracked

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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.

Stage
Pre-Seed–Seed
HQ
Johannesburg, ZA
Instruments
Equity
Tracked investments
48

Team · 49 people

from the firm's website
Bongani Sithole· Chief Executive Officerin
Eunice Wambui· Investment Principalin
Hope Ditlhakanyane· Investment Principalin
Daniel Maison· Venture Partner
Adelaide Njoki Muthang'i· Investment Associatein
Amara Muoneke· Venture Design Leadin
Candice Warnasuriya· Design Leadin
Emmanuel Kelechukwu Ajah· Senior Growth Leadin
George Arnold· Strategic Growth Leadin
Kate Ovwighose· Growth Leadin
Kevin Odongo· Senior Software Architect
Loraine Achar· Senior Investment Associatein
Loraine Gatawa· Director of Peoplein
Malanee Hutton· Senior Director of Venture Designin
Ololade Odunsi· Portfolio Talent Leadin
Opeyemi Solaru· Impact Associatein
Paula Nagy· Venture Success Leadin
Sakhile Tshuma· Office Assistant
Thabiso Foto· Chief Financial Officerin
Tsakani Mushwana· Financial Manager
Vasundhra Thakur· Director Impactin
Venese Brown· Financial Accountant
Yunus Ibrahim· Junior Venture Builderin

What they invest in

from 22 of 48 portfolio companies

Fintech ×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 path

By year:2024 · 12021 · 23 dated

coinpanionaltify.appin𝕏✓ verified

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

Asaakasaak.com𝕏

Asaak provides financing solutions for small and medium enterprises in Africa, with a focus on vehicle financing for ride-hailing and logistics operators.

B2B MarketplacesFintech

Baia

Tracks and traces assets, people and value by notarising transactions via messaging to drive social commerce and supply chain visibility.

Edaiedai.africa
Envisionit
Envisionit Deep AI

Medical technology company using AI to transform medical imaging diagnosis.

explore MVX
explore My Cover.ai →
Floatpays Incfloatpays.comin𝕏

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

FoodLockerfoodlocker.com.ng𝕏

A food delivery service operating in Nigeria that delivers to residential and commercial areas across Lagos and Ibadan.

E-commerceFoodTechLagos, NG

HealthDarthealthdart.co.za
Infiuss

Technology platform expanding underrepresented access to clinical trials, starting in West Africa.

Infiuss Healthinfiuss.comin𝕏

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

Isidoreagricisidoreagric.co
KudiGokudigo.comin𝕏

E-commerce enablement technologies digitising informal merchant operations for online and offline SMME transactions.

Lipa Laterlipalater.com
Locum Baselocumbase.com
MVX

End-to-end maritime logistics and financing platform offering freight forwarding, customs, trade finance and haulage.

Mvxfreightmvxfreight.com
My 1Healthmy1health.comin𝕏

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

Neopendaneopenda.comin𝕏

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)

OkHiokhi.com
PBP

B2B ethical sourcing marketplace connecting artisanal producers in emerging markets to international buyers.

Pneumapneuma.carein𝕏

Pneuma provides a digital-first primary care and care coordination platform that connects patients with licensed doctors and healthcare services across Nigeria.

Digital HealthHealthtechSaaSNigeria, NG

Poweredbypeoplepoweredbypeople.com

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)

Quikkquikk.dev

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

Rendarenda.coin𝕏

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

Revixrevix.com

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 Hubruralfarmershub.comin𝕏

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

RxAllrxall.netApr 2021

New Haven, US

Adebayo Alonge(Executive Officer, Director)Amy Kao(Director)

BoardDuncan Turner(Director)

Schoolableschoolable.coin𝕏

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

Henry Nnalue(Founder/CEO)inAngela Essien(Founder)in

Shamba Prideshambapride.com
Synnefasynnefa.ioin𝕏

Synnefa builds IoT-enabled smart solar dryers and related farm management software for smallholder farmers in Africa.

AgTechHardwareIoTNairobi, KE

Tibu Healthtibu.africa
Tripplotripplo.co

End-to-end logistics platform connecting cargo owners to tech-enabled transporters, with a white-label fleet marketplace.

Truzotruzo.comin𝕏

Truzo is an independent, FSCA-regulated escrow payment platform that lets buyers and sellers transact securely across devices, with compliance checks on users and a multi-currency option.

FintechSaaSLondon, GB

TUNLtunl.toinAug 2024

New York, US

Ashley Champ(Executive Officer)Robert Meyers(Executive Officer)

Viebegviebeg.comin𝕏

Healthtech company using AI-driven logistics to optimize medical supply chains across Eastern and Central Africa.

Vitruvian

Proprietary hardware and software enabling affordable digital pathology with a device that captures and annotates microscope images.

Vitruvian Mdvitruvianmd.com
Waziwazi.co

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

Wella Healthwellahealth.comin𝕏

Wellahealth provides healthcare services and solutions aimed at improving access to quality healthcare across Africa.

AI & Machine LearningB2B MarketplacesDigital HealthFintechHealthtechInsurTechGarki, NG

Winich Farmswinichfarms.com

Winichfarms operates a digital platform that provides storage facilities, fair-price marketplace access, and low-interest credit services for farmers.

AgTechB2B MarketplacesFintech

Zanifuzanifu.com

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

Zazuuzazuu.co
Zindizindi.africainOct 2021

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)

Zurizuri.healthin𝕏

Zuri Health provides on-demand healthcare services including virtual consultations, medication delivery, lab tests, and home doctor visits via mobile app and WhatsApp.

Digital HealthHealthtechNairobi, KE

Portfolio news

latest coverage across their companies
Neopenda on Wefunder 2025 - Kingscrowd

Neopenda · 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

Founders Factory Africa photo

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