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Since 2020, Samurai Incubate has backed 10 African startups across 14 disclosed funding rounds totaling $13.2M, most heavily in Nigeria and Fintech.
Samurai Incubate is a Japanese early stage venture capital firm and incubator headquartered in Tokyo. Through its dedicated arm, Samurai Incubate Africa, the firm focuses on backing founders building technology driven solutions across the African continent. In Africa, Samurai Incubate Africa invests primarily at the pre seed and seed stages, with selective participation in later early stage rounds. Based on disclosed rounds, the firm has backed multiple startups across Nigeria, Kenya, Egypt, South Africa, and Ghana, with a strong concentration in Nigeria. Its portfolio in Africa spans fintech, e commerce and retail, legal and compliance, logistics and supply chain, services and marketplaces, travel and mobility, and agritech. Within this African portfolio, Samurai Incubate Africa has invested in companies such as PricePally, Leta, Norebase, Raseedi, Kwara, Eden, LULA, Evolve Credit, Spring, and Complete Farmer. The firm often co invests alongside other early stage African investors including Future Africa, Microtraction, Launch Africa Ventures, Ingressive Capital, Ventures Platform, Voltron Capital, Wuri Ventures, and others, reflecting a collaborative approach to supporting African founders at the earliest stages.
Data updated · Sep 8, 2026
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Samurai Incubate has backed 10 African startups across 14 disclosed funding rounds tracked on Liners, totaling $13.2M since 2020.
Mostly Seed: 8 of its 14 tracked rounds are at that stage, followed by Pre-Seed (3).
Its tracked rounds lean toward Fintech (5), E-commerce & Retail (3), Legal and Compliance (2), and 4 more sectors.
Samurai Incubate most often shares rounds with Future Africa (6 shared deals), Microtraction (4 shared deals), Launch Africa Ventures (3 shared deals).