SBI Investment is a venture capital firm that participated in four funding rounds in Africa between November 2020 and March 2022, with a total investment of $120.0M. The firm invested at Seed, Series A, and Series B stages, primarily focusing on **fintech** (three investments) and **agri tech** (one investment). Its geographic preferences centered on Nigeria (three investments) and Kenya (one investment). Key companies backed include Kuda (Nigeria, fintech, Seed $10.0M in Nov 2020 and Series B $55.0M in Aug 2021), Mono (Nigeria, fintech, Series A $15.0M in Oct 2021), and Apollo Agriculture (Kenya, agri tech, Series B $40.0M in Mar 2022).
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