---
title: "Uncovered Fund"
description: "Uncovered Fund is a venture capital firm focused on early and growth stage startups in emerging markets, with a particular emphasis on Africa. The firm is headquartered in Tokyo, Japan, and backs entrepreneurs building new industrial and social infrastructure in underserved regions. In Africa, Uncovered Fund typically invests at the Seed and Series A stages, with capacity to follow on through Series A plus. Its portfolio and activity data show a strong focus on Nigeria, alongside investments in Egypt, Kenya, Morocco, and Togo. The firm has backed companies such as Chari in Morocco, Sylndr in Egypt, Termii, Thepeer, CredPal, Rank, Treepz, and RxAll in Nigeria, ImaliPay and Sky.Garden in Kenya, and Gozem in Togo. These investments span fintech, e commerce and retail, travel and mobility, developer tools and cloud infrastructure, insurtech, and health tech. Uncovered Fund also partners with other investors to support portfolio companies, co investing with firms such as MyAsiaVC, Plug and Play, Jedar Capital, Raed Ventures, Algebra Ventures, and several Africa focused funds. Its activity reflects a thesis driven approach to backing technology that improves everyday life, expands access to financial and digital services, and strengthens the foundations of fast growing African markets."
canonical_url: "https://liners.com/investors/uncovered-fund"
markdown_url: "https://liners.com/investors/uncovered-fund.md"
type: "investor"
language: "en"
image: "https://assets.liners.com/storage/v1/object/public/media/investors/uncovered-fund/favicon.png?v=1785330285446"
updated_at: "2026-09-10T03:01:54.694Z"
---

# Uncovered Fund

Uncovered Fund is a venture capital firm focused on early and growth stage startups in emerging markets, with a particular emphasis on Africa. The firm is headquartered in Tokyo, Japan, and backs entrepreneurs building new industrial and social infrastructure in underserved regions. In Africa, Uncovered Fund typically invests at the Seed and Series A stages, with capacity to follow on through Series A plus. Its portfolio and activity data show a strong focus on Nigeria, alongside investments in Egypt, Kenya, Morocco, and Togo. The firm has backed companies such as Chari in Morocco, Sylndr in Egypt, Termii, Thepeer, CredPal, Rank, Treepz, and RxAll in Nigeria, ImaliPay and Sky.Garden in Kenya, and Gozem in Togo. These investments span fintech, e commerce and retail, travel and mobility, developer tools and cloud infrastructure, insurtech, and health tech. Uncovered Fund also partners with other investors to support portfolio companies, co investing with firms such as MyAsiaVC, Plug and Play, Jedar Capital, Raed Ventures, Algebra Ventures, and several Africa focused funds. Its activity reflects a thesis driven approach to backing technology that improves everyday life, expands access to financial and digital services, and strengthens the foundations of fast growing African markets.

## Breadcrumbs

- [Investors](/investors)
- [Uncovered Fund](/investors/uncovered-fund)

## Summary

Uncovered Fund is a venture capital firm focused on early and growth stage startups in emerging markets, with a particular emphasis on Africa. The firm is headquartered in Tokyo, Japan, and backs entrepreneurs building new industrial and social infrastructure in underserved regions. In Africa, Uncovered Fund typically invests at the Seed and Series A stages, with capacity to follow on through Series A plus. Its portfolio and activity data show a strong focus on Nigeria, alongside investments in Egypt, Kenya, Morocco, and Togo. The firm has backed companies such as Chari in Morocco, Sylndr in Egypt, Termii, Thepeer, CredPal, Rank, Treepz, and RxAll in Nigeria, ImaliPay and Sky.Garden in Kenya, and Gozem in Togo. These investments span fintech, e commerce and retail, travel and mobility, developer tools and cloud infrastructure, insurtech, and health tech. Uncovered Fund also partners with other investors to support portfolio companies, co investing with firms such as MyAsiaVC, Plug and Play, Jedar Capital, Raed Ventures, Algebra Ventures, and several Africa focused funds. Its activity reflects a thesis driven approach to backing technology that improves everyday life, expands access to financial and digital services, and strengthens the foundations of fast growing African markets.

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## Recorded investments

| Product | URL | Stage | Amount | Date |
| --- | --- | --- | --- | --- |
| Chari | /chari | Series A | 12000000 | 2025-10-01T00:00:00.000Z |
| Sylndr | /sylndr | Series A | 15700000 | 2025-05-01T00:00:00.000Z |
| Sylndr | /sylndr | Series A | 15700000 | 2025-05-01T00:00:00.000Z |
| Termii | /termii | Venture (Round not Specified) | 3650000 | 2023-06-01T00:00:00.000Z |
| Thepeer | /thepeer | Seed | 2100000 | 2022-06-01T00:00:00.000Z |

## Related pages

- [All investors](/investors)
- [Funding rounds](/funding)

## Access and citation

- [Canonical HTML page](https://liners.com/investors/uncovered-fund)
- [Markdown route index](/sitemap.md)
- [Agent access guide](/llms.txt)