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Since 2021, TO Ventures has backed 5 African startups across 5 disclosed funding rounds totaling $80.7M, most heavily in Agri Tech.
TO Ventures is an investment firm associated with impact entrepreneur Thomas Owen. Public information describes TO Ventures as a cultural capital studio that backs movements, moments, and media with meaning, and lists its headquarters in Dallas, Texas, United States. Its website is referenced as toventures.com, although detailed firm information is primarily available through professional profiles. In African technology markets, TO Ventures has participated in a select number of venture funding rounds at seed, Series B, and Series D stages. Based on disclosed investments, the firm has backed companies such as Apollo Agriculture in Kenya, Tushop in Kenya, Paps in Senegal, mPharma in Ghana, and Wowzi in Kenya. These investments span agri tech, e commerce and retail, logistics and supply chain, health tech, and marketing and CRM, with a geographic focus on Kenya, Senegal, and Ghana. Across these transactions, TO Ventures has invested alongside a range of recognized global and regional investors, including SoftBank, Breyer Capital, Golden Palm Investments, JAM Fund, LoftyInc Capital, Flourish Ventures, Chan Zuckerberg Initiative, Leaps by Bayer, Vision Fund, Yara Growth Ventures, SBI Investment, Endeavor Catalyst, and CDC Group. Its participation in these rounds reflects an interest in high impact technology businesses that provide services such as affordable healthcare, agricultural productivity tools, logistics infrastructure, and digital marketing capabilities in African markets.
Data updated · Sep 12, 2026
TO Ventures has backed 5 African startups across 5 disclosed funding rounds tracked on Liners, totaling $80.7M since 2021.
Mostly Seed: 3 of its 5 tracked rounds are at that stage, followed by Series B (1).
Companies TO Ventures has backed operate in Benin (3), Kenya (3), Côte d'Ivoire (2), and 21 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 Agri Tech (1), E-commerce & Retail (1), Logistics & Supply Chain (1), and 2 more sectors.
TO Ventures most often shares rounds with 4DX Ventures (3 shared deals), Breyer Capital (2 shared deals), Golden Palm Investments (2 shared deals).
TO Ventures is described publicly as a cultural capital studio backed by impact entrepreneur Thomas Owen, with a focus on supporting movements, moments, and media with meaning. It participates in venture funding rounds for technology and impact driven businesses, including several in African markets.
TO Ventures has backed Apollo Agriculture and Tushop in Kenya, Paps in Senegal, mPharma in Ghana, and Wowzi in Kenya. These companies operate in sectors such as agri tech, e commerce and retail, logistics and supply chain, health tech, and marketing and CRM.
Public investment records show TO Ventures has participated in African rounds alongside co investors such as SoftBank, Breyer Capital, Golden Palm Investments, JAM Fund, LoftyInc Capital, Flourish Ventures, Chan Zuckerberg Initiative, Leaps by Bayer, Vision Fund, Yara Growth Ventures, SBI Investment, Endeavor Catalyst, and CDC Group. These partnerships occur within specific funding rounds for companies including Apollo Agriculture, mPharma, Wowzi, Paps, and Tushop.