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Since 2017, Plug and Play has backed 34 African startups across 49 disclosed funding rounds totaling $160.7M, most heavily in Nigeria and Fintech.
Plug and Play is a global innovation platform and venture capital firm that connects startups, corporations, investors, and universities to drive innovation. It operates accelerator programs in over 50 locations worldwide and invests in early-stage startups, typically between $25K and $500K per deal. The firm is based in California and accelerates thousands of startups annually through industry-focused programs. In Africa, Plug and Play has invested $161.9M across 35 funding rounds from July 2017 to October 2025, focusing on Seed (20 rounds), Series A (7), and other early stages. Key sectors include Fintech (15 investments), E-commerce & Retail (7), and Logistics & Supply Chain (4), with geographic emphasis on Nigeria (10), Morocco (8), and Egypt (7). Notable portfolio companies include Chari (Morocco, E-commerce), Nawy (Egypt, Real Estate), and Konnect (Tunisia, Fintech). The firm frequently co-invests with partners such as Y Combinator, 4DX Ventures, and Orange Ventures across multiple rounds.
Data updated · Jul 29, 2026
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Plug and Play has backed 34 African startups across 49 disclosed funding rounds tracked on Liners, totaling $160.7M since 2017.
Mostly Seed: 29 of its 49 tracked rounds are at that stage, followed by Venture (Round not Specified) (9).
Its tracked rounds lean toward Fintech (18), Health Tech (7), Logistics & Supply Chain (6), and 10 more sectors.
Plug and Play most often shares rounds with UM6P Ventures (6 shared deals), Saviu Ventures (5 shared deals), Y Combinator (5 shared deals).
Plug and Play has backed companies like Chari (Morocco, Series A $12M), Nawy (Egypt, Series A $52M), Autochek (Nigeria), Workpay (Kenya), and Gozem (Togo). The portfolio includes 35 companies across sectors like Fintech and E-commerce.