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Since 2023, Mstudio has backed 4 African startups across 6 disclosed funding rounds totaling $4M, most heavily in Côte d'Ivoire and Fintech.
Mstudio is a venture studio and startup studio focused on building and investing in technology companies in Francophone West Africa. According to its official communications, Mstudio is based in Abidjan, Côte d’Ivoire, at the Ivoire Trade Center and positions itself as a creator of startups for the informal economy in Francophone Africa. In its investment activity in Africa, Mstudio concentrates on very early stage companies, particularly pre seed and seed stage startups. Based on available investment records, Mstudio has participated in six funding rounds between July 2023 and October 2024, all in Côte d’Ivoire, with a total of 4.0 million dollars invested across pre seed and seed stages. Its portfolio in this period shows a focus on fintech, logistics and supply chain, and legal and compliance solutions, including Waribei, doo!, Danaya, and Djoli. Public information also highlights Mstudio’s role as a structured venture studio for Francophone Africa, replicating proven business models from Anglophone markets and adapting them to local realities. The studio works closely with co investors such as Saviu Ventures and Ring Capital in several rounds, and aims to support the growth of tech champions that address real problems in the informal sector while strengthening the early stage funding landscape in Côte d’Ivoire.
Data updated · Aug 31, 2026
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Mstudio has backed 4 African startups across 6 disclosed funding rounds tracked on Liners, totaling $4M since 2023.
Mostly Seed: 4 of its 6 tracked rounds are at that stage, followed by Pre-Seed (2).
Companies Mstudio has backed operate in Côte d'Ivoire (6), Benin (1), Burkina Faso (1), 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 Fintech (3), Logistics & Supply Chain (2), Legal and Compliance (1).
Mstudio most often shares rounds with Saviu Ventures (5 shared deals), Ring Capital (1 shared deal).
Mstudio is a venture studio and startup studio based in Abidjan, Côte d’Ivoire, focused on building and investing in technology startups in Francophone West Africa. Its official presence describes a mission to create and scale solutions for the informal economy in Francophone Africa.
Mstudio has invested a total of 4.0 million dollars across six funding rounds between July 2023 and October 2024, all in Côte d’Ivoire. Co investors in these rounds include Saviu Ventures, which appears in five rounds, and Ring Capital, which appears in one round.
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