Founders Factory Africa
Venture capitalJohannesburg · Pre-Seed–Seed · 43 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 · 43 people
from the firm's websiteWhat they invest in
from 28 of 48 portfolio companiesFintech ×12Healthtech ×10AI & Machine Learning ×9B2B Marketplaces ×9Digital Health ×8SaaS ×7AgTech ×3Data & Infrastructure ×3
HQs:Nigeria×6Kenya×5United States×4South Africa×3United Kingdom×2United Arab Emirates×1
Who they back
founder profiles across 12 portfolio companiesFounding team size:solo founder×62 founders×6
Accelerator rootsportfolio companies that came through a program
Investments · 48 tracked
founders shown can be your intro pathBy year:2024 · 22021 · 24 dated
Altify is a regulated investing platform offering access to alternative and traditional assets including private credit, tokenised stocks, cryptocurrencies, crypto bundles, commodities, stablecoins, structured products, and pre-IPO stocks.
AI & Machine LearningCrypto & Web3FintechLondon, GB
Sean Sanders(CEO & Founder)in
Co-investorsAdaverseCalm/Storm VCCoastCapCV VCHansmann Family Office
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
Kaivan SattarinTitus Opesen
Co-investors500 GlobalHOF CapitalResolute VenturesSur VenturesWhite Paper Capital
Tracks and traces assets, people and value by notarising transactions via messaging to drive social commerce and supply chain visibility.
Envisionit Deep AI builds RATIFY, a vendor-agnostic AI assurance platform for radiology that validates and monitors third-party healthcare AI tools in real time, tracking model drift, human–AI interaction, and performance.
AI & Machine LearningDigital HealthHealthtech
Jaishree Naidoo(Co-Founder & CEO)
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
Co-investors4DX VenturesFINCA VenturesThe Raba PartnershipY Combinator
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.
Co-investorsEmmeline Ventures
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
Co-investorsEmmeline VenturesEvolution VenturesNairobi Business Angel NetworkRising Tide Africa (RTA)UM6P VenturesY Combinator
E-commerce enablement technologies digitising informal merchant operations for online and offline SMME transactions.
Co-investorsCapria VenturesLateral CapitalSeedstarsMusha Ventures
Co-investorsJozi Angels
Co-investorsAdaverseAjim CapitalFresco CapitalHoaQNairobi Business Angel Network
End-to-end maritime logistics and financing platform offering freight forwarding, customs, trade finance and haulage.
Co-investorsOui Capital
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)
Co-investorsConnetic VenturesTechstarsVillgro Africa
OkHi provides AI-powered digital address verification that businesses integrate into their mobile apps to capture and verify where customers live.
AI & Machine LearningFintechSaaSNairobi, KE
Timbo Drayson(Founder)
Co-investorsBetatron Venture GroupCV VCGarage CapitalLava Ventures Ltd.Mo AngelsOui Capital+1 more
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
Co-investorsIngressive CapitalReflect VenturesTechstarsMAGIC FundVastly Valuable Ventures
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 digital agriculture services for medium-to-large farm operations, using satellite data and cloud-based analysis to assess crop health, soil nutrients, and soil moisture and deliver precision farming advice.
AgTechAI & Machine LearningClimate TechData & Infrastructure
Co-investorsCo-Creation Hub (CcHUB)
RxAll uses testing technology to detect counterfeit and substandard medicines, helping healthcare companies, pharmacies, and patients access verified high-quality drugs.
Digital HealthFintechHealthtechNew Haven, US
Adebayo Alonge(Founder & CEO)inAmy Kao(Co-Founder & CMO)in
BoardDuncan Turner(Director)in
Co-investorsLoftyInc CapitalSOSVHAXLaunch Africa Ventures
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
Co-investorsMicrotractionTimon CapitalY CombinatorMusha Ventures
Co-investorsOpes Impact Fund
Co-investorsBlue Haven Initiative
End-to-end logistics platform connecting cargo owners to tech-enabled transporters, with a white-label fleet marketplace.
TUNL provides discounted international shipping for South African e-commerce brands, offering reduced FedEx, UPS, and TUNL Economy rates to 155 countries.
E-commerceLogistics & Supply ChainSaaSNew York, US
Craig Lowman(Founder)inDebasish Kundu(Founder)Ashley Champ(Executive Officer)Robert Meyers(Executive Officer)
Co-investorsE4E AfricaODBAJozi Angels
VIEBEG operates a data- and AI-driven health intelligence platform that connects medical suppliers with hospitals, clinics, and pharmacies for procurement, and offers diagnostics, disease burden forecasting, asset management, and equipment financing (including BNPL).
AI & Machine LearningB2B MarketplacesHealthtech
Co-investorsAngaza CapitalBeyond CapitalBeyond Capital VenturesCapria VenturesSave the Children Global Ventures
Proprietary hardware and software enabling affordable digital pathology with a device that captures and annotates microscope images.
VitruvianMD is building an AI-based fertility group that applies artificial intelligence to digitize the IVF process, targeting infertility treatment for clinics and couples.
AI & Machine LearningFemTechHealthtech
Co-investorsVerge HealthTech Fund
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
Co-investorsTechstarsVestedWorld
Winichfarms operates a digital platform that provides storage facilities, fair-price marketplace access, and low-interest credit services for farmers.
AgTechB2B MarketplacesFintech
Riches Attai(Founder)in
Co-investorsAcasia VenturesCairo Angels Syndicate FundExpert DOJOSahel Capital
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
Co-investorsBeyond Capital VenturesSaviu VenturesYango Ventures
Co-investorsODBA
Zindi is a professional network and AI challenge platform where data scientists and AI builders compete on practical machine learning challenges developed with businesses, NGOs, and governments.
AI & Machine LearningB2B MarketplacesData & InfrastructureEdTechFuture of WorkImpact & Social GoodEbene, ZA
Ekow Duker(Executive Officer, Director)Celina Lee(Executive Officer, Director)Karim Beguir(Director)
BoardDan Zigmond(Director)in
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
Co-investorsUM6P Ventures
Portfolio news
latest coverage across their companiesRxAll · launchbaseafrica.com · Aug 19, 2026
Zanifu · empowerafrica.com · Sep 26, 2025
Neopenda · kingscrowd.com · Apr 18, 2025
Frequently asked questions
- How many investments has Founders Factory Africa made?
- Founders Factory Africa has 47 tracked investments.
- 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.
- Who does Founders Factory Africa co-invest with?
- Founders Factory Africa most often shares deals with Techstars, Y Combinator, Beyond Capital Ventures, among 54 tracked co-investors.
Images
Similar investors
idacapital invests in scalable, high-growth companies that address societal and environmental challenges while pursuing financial returns. It targets ventures with disruptive ideas going after large or underserved market opportunities.
Khosla Ventures is a venture capital firm that invests in early-stage companies focused on technology, mobile, and clean energy sectors, including biotechnology applications. The firm provides capital and strategic support to entrepreneurs developing breakthrough technologies across multiple markets.
Everywhere Ventures is an early-stage venture firm, backed by a community of founders and operators as LPs, that writes early checks (including pre-seed) into startups across many sectors and geographies.
A growth equity firm focused on B2B software companies across Latin America. Founded and managed by technology industry veterans with over 25 years of combined experience as entrepreneurs and investors.
E4E Africa is a venture capital fund that backs early-stage ventures across Africa, from pre-Series A through scale-up, focusing on entrepreneurs building businesses that drive economic opportunity and sustainable growth.


























.jpeg)



























