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Since 2019, Founders Factory has backed 9 African startups across 10 disclosed funding rounds totaling $3.1M, most heavily in Kenya and Health Tech.
Founders Factory is a global venture studio and startup accelerator that partners with entrepreneurs and leading corporates to build, fund, and scale technology startups. Its main corporate site confirms that Founders Factory operates as a combined venture studio and accelerator working with founders worldwide, with a headquarters in London and additional hubs in multiple international cities. In Africa, Founders Factory operates through Founders Factory Africa, headquartered in Johannesburg, South Africa. Founders Factory Africa runs structured Build and Scale programs that combine equity investment with hands on operational support across product, technology, growth, talent, and fundraising. Based on the investment data provided, Founders Factory has been an active early stage investor in African startups between 2019 and 2022, participating primarily in seed rounds and some unspecified venture rounds. During this period it invested approximately 3.3 million dollars across 12 funding rounds, with a strong geographic focus on Kenya, Nigeria, South Africa, and Rwanda. Within Africa the firm shows a clear concentration in health technology, alongside targeted investments in developer tools and cloud, agriculture technology, logistics and supply chain, and HR and talent. Portfolio companies in the region include EMGuidance, RxAll, LocumBase, Tripplo, Kapsule, Wazi, My 1Health, Winich Farms, TIBU Health, VIEBEG, and Quikk, reflecting a focus on technology solutions that improve healthcare access, data, and operations, as well as efficient movement of goods and agricultural produce across key African markets.
Data updated · Aug 27, 2026
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Founders Factory has backed 9 African startups across 10 disclosed funding rounds tracked on Liners, totaling $3.1M since 2019.
Mostly Seed: 9 of its 10 tracked rounds are at that stage, followed by Venture (Round not Specified) (1).
Companies Founders Factory has backed operate in Kenya (7), Nigeria (4), South Africa (3), and 5 more markets. Each figure counts the rounds behind companies serving that market, so a company operating in several markets counts in each of them.
Its tracked rounds lean toward Health Tech (7), Developer Tools & Cloud (1), Agri Tech (1), and 1 more sector.
Founders Factory most often shares rounds with Hax (1 shared deal), Brinc (1 shared deal), Hello Tomorrow (1 shared deal).
Founders Factory is a venture studio and startup accelerator that also acts as an early stage investor. Its global headquarters are in London, and it operates a dedicated African arm, Founders Factory Africa, which is headquartered in Johannesburg, South Africa.
Confirmed African portfolio companies backed by Founders Factory include Quikk, VIEBEG, TIBU Health, Winich Farms, My 1Health, Wazi, Kapsule, RxAll, Tripplo, LocumBase, and EMGuidance. These investments are primarily in Kenya, Nigeria, South Africa, and Rwanda and span health technology, developer tools and cloud, agri tech, logistics and supply chain, and HR and talent.