Flori Ventures

Flori Ventures is a seed stage venture capital fund that invests in entrepreneurs building a more inclusive financial system and tackling the climate crisis. According to its official materials, Flori is an impact focused web3 seed fund that grew out of the mission driven community around the Celo blockchain, and is based in San Francisco in the United States. The firm focuses on scalable technology businesses and has invested across emerging markets. In Africa, Flori Ventures is active primarily at the pre seed and seed stages, with a strong focus on crypto, web3, and fintech. Between January 2021 and September 2023, the firm participated in nine funding rounds totaling 15.8 million dollars, all at pre seed and seed. Its African portfolio includes companies such as Kotani Pay, Jia, Bitmama, HoneyCoin, and Canza Finance, which operate in Kenya and Nigeria. These companies work on use cases like stablecoin on and off ramps, crypto trading and spending, cross border treasury and foreign exchange, and turning invoices into working capital, reflecting Flori’s focus on financial inclusion and blockchain enabled financial services. Within this African portfolio, Flori Ventures has repeatedly backed founders building blockchain based financial infrastructure in Kenya and Nigeria, particularly around stablecoins and inclusive fintech. The firm has co invested alongside other early stage investors that are active in African fintech and crypto, and its role in leading Bitmama’s pre seed round has been publicly highlighted in portfolio company communications, underscoring its positioning as a lead or early institutional investor in African web3 finance.