This is a list of the best venture capital firms in Kenya. Venture capital firms are firms that fund or invest in startup companies/ small businesses with a potential for growth in the long run.
In most cases, venture capital firms invest in startups in exchange for an ownership stake or equity.
In no particular order, here is a list of the best venture capital firms in Kenya.
1. TLcom Capital
Since 1999, TLcom has supported innovative entrepreneurs that leverage technology to find market solutions to significant challenges. The firm invests between $ 500k and $ 10m in a company.
Location: 5th Floor, Senteu Plaza, Galana Road, Kilimani.
Contact: 020 764 0172.
2. Viktoria Ventures
Viktoria Ventures is a Kenyan company that is helping early-stage companies obtain seed funding from angel investors and forge networks necessary for growth.
Location: Oloitokitok Road, Nairobi.
Contact: 0770 030 476.
3. Chandaria Capital
Chandaria Capital is a venture capital firm that works together with entrepreneurs to create impactful businesses.
Location: Baba Dogo Road, Nairobi.
Contact: 0722 225 999.
4. Afvest Limited
Afvest Limited was founded in 2012 when a group of investors saw it fit to pool together their resources in order to tap into some of the great opportunities in East Africa and beyond. It invests in companies with solid management and a clear growth plan.
Location: Barclays Plaza, 11th Floor, Loita Street, Nairobi.
Contact: 0733 120 222.
5. Savannah Fund
Savannah Fund provides startups with the necessary post-investment assistance and support required to effectively accelerate the growth of their business. It is a seed capital fund specialising in $ 50,000- $ 1,000,000 investment in early-stage high-growth technology start-ups.
Location: 3rd Floor, Bishop Magua Centre, Ngong Road.
6. AFZA Capital
AFZA Capital is an early-stage venture capital firm with an office in Nairobi. It exists to build and support early-stage companies.
7. Cornerstone Enterprises
Cornerstone Enterprises was founded in 2011 as a registered investment club. It has evolved into a seasonal venture capital firm in Kenya.
Location: The Address, 10th Floor, Muthangari Drive, Westlands.
Contact: 0115 417 229.
8. FSD Africa
FSD Africa was established in 2012 and is supported by UK Aid. It provides tools and resources to drive large-scale change in financial markets and support economic development.
Location: Riverside Green Suites, Riverside Drive, Nairobi.
Contacts: 020 402 4000/ 0729 729 111.
9. Enza Capital
Enza Capital is a venture capital firm backing founders and teams using technology to solve large and meaningful problems across sub-Saharan Africa.
Location: 7th Floor, The Address, Muthangari Drive, Off Waiyaki Way.
10. Angumi Global
Angumi Global makes buyout and control investments in mission-oriented for profit lower middle market companies in Africa. It participates in venture capital, private equity, buyout, growth/ expansion and real estate investments.
Contact: 0717 566 201.