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Since 2022, Nairobi Business Angels Network has backed 5 African startups across 5 disclosed funding rounds totaling $5.4M, most heavily in Kenya and Fintech.
Nairobi Business Angels Network (NaiBAN) is a group of over 100 business angels based in Nairobi, Kenya, that provides early-stage startups with capital, strategic advice, and valuable connections. The network comprises experienced investors, entrepreneurs, and tech professionals who prioritize being founder-first investors, drawing on their own startup experience to support the ventures they back. NaiBAN focuses exclusively on pre-seed and seed-stage investments across East Africa. Between March 2022 and May 2023, the network invested $5.4 million across six seed rounds, with a strong emphasis on Kenya-based companies. The portfolio spans fintech, edtech, health technology, productivity tools, and marketing platforms, including companies like Fingo Africa, Zydii, Scale, Flowcart, Churpy, and Infiuss Health. This investment activity reflects NaiBAN's commitment to supporting technology-driven solutions that address critical needs across the African continent.
Data updated · Jul 29, 2026
Nairobi Business Angels Network has backed 5 African startups across 5 disclosed funding rounds tracked on Liners, totaling $5.4M since 2022.
Mostly Seed: 5 of its 5 tracked rounds are at that stage.
Its tracked rounds lean toward Fintech (2), Productivity & Workspace (1), Health Tech (1), and 1 more sector.
Nairobi Business Angels Network most often shares rounds with Goodwater Capital (2 shared deals), Chandaria Capital (2 shared deals), Antler (2 shared deals).
While NaiBAN is primarily Kenya-focused, the network has invested in companies across East Africa, including a seed investment in Cameroon-based Infiuss Health in September 2022.
NaiBAN's portfolio includes Fingo Africa (fintech), Zydii (edtech), Scale (procurement), Flowcart (marketing), Churpy (fintech), and Infiuss Health (health technology). The network has invested $5.4 million across these and other ventures.
NaiBAN provides mentorship, strategic advice, and valuable connections through its network of experienced investors and entrepreneurs. The network emphasizes being founder-first investors who draw on their own startup experience to support portfolio companies.