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Since 2019, Founders Factory has backed 10 African startups across 11 disclosed funding rounds totaling $3.3M, most heavily in Kenya and Health Tech.
Founders Factory is a venture studio and startup accelerator that combines investment capital with operational support to build and fund startups globally. Based in London with offices across multiple continents, the organization operates through a team of 60+ operators and maintains partnerships with leading corporate investors. The firm has backed over 450 companies across five continents, positioning itself as both a venture builder and investor focused on empowering founders. In Africa, Founders Factory has demonstrated a focused investment strategy in health technology, backing four companies across Kenya and South Africa between 2020 and 2022. The firm invested at seed stage in three companies, including Tibu Health, My 1Health, and Wazi in Kenya, alongside LocumBase in South Africa. These investments reflect a concentrated thesis around healthcare innovation in East and Southern Africa, with total capital deployed of $340,000 across this period.
Data updated · Jul 29, 2026
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Founders Factory has backed 10 African startups across 11 disclosed funding rounds tracked on Liners, totaling $3.3M since 2019.
Mostly Seed: 9 of its 11 tracked rounds are at that stage, followed by Venture (Round not Specified) (2).
Founders Factory's tracked rounds are concentrated in Kenya (5), Nigeria (3), South Africa (2), and 1 more country.
Its tracked rounds lean toward Health Tech (8), 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).
Beyond capital, Founders Factory provides dedicated operational support from its team of 60+ operators, access to a global network of founders and corporate partners, and structured programs including a startup accelerator. The firm's model emphasizes building and scaling companies alongside founders rather than passive investment alone.
Founders Factory is headquartered in London and maintains offices across eight locations: New York, Berlin, Milan, Singapore, British Columbia, Perth, and Grand Bahama. This global footprint enables the firm to support founders and access investment opportunities across multiple continents.