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Catalyst Fund

Africa, Nairobi Area, Kenya, Nairobi

Description

Catalyst Fund is a global accelerator and venture builder dedicated to supporting early-stage startups that are building innovative fintech and climate fintech solutions for underserved populations in emerging markets. Based in Nairobi, Kenya, the fund's core mission is to accelerate financial inclusion and climate resilience by empowering ventures that address the needs of the 3 billion individuals who lack access to essential financial services. They focus on identifying high-potential companies across Africa, Asia, and Latin America.

Catalyst Fund offers a unique and comprehensive support model to its selected startups. Each company receives up to $100,000 in non-dilutive grant capital, providing crucial early-stage funding without requiring equity. Beyond this catalytic capital, the program delivers bespoke venture-building support, which includes tailored strategic advisory, product development guidance, and go-to-market assistance. This hands-on approach is designed to help startups navigate the complexities of emerging markets, scale their operations, and achieve sustainable growth. Furthermore, Catalyst Fund leverages its extensive network to connect founders with a diverse group of investors and corporate partners, facilitating follow-on funding and strategic collaborations.

Since its inception in 2016, Catalyst Fund has demonstrated a significant impact on the emerging markets ecosystem. The accelerator has successfully supported 61 fintech and climate fintech startups, fostering innovation in critical sectors. These portfolio companies have collectively achieved remarkable success in attracting further investment, raising over $640 million in follow-on funding from various investors. This track record underscores Catalyst Fund's effectiveness in identifying, nurturing, and scaling ventures that not only drive financial inclusion but also contribute to broader economic development and climate adaptation in underserved communities.

Investor Profile

Catalyst Fund has backed more than 27 startups, with 3 new investments in the last 12 months alone. The firm has led 4 rounds, about 15% of its total and boasts 6 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Pre Seed, Series A rounds (top funding stages).
  • Majority of deals are located in United States, Kenya, South Africa.
  • Strong thematic focus on Financial Services, FinTech, Emerging Markets.
  • Led 1 rounds in the past year.
  • Typical check size: $100K.

Stage Focus

  • Seed (44%)
  • Pre Seed (22%)
  • Series A (19%)
  • Grant (7%)
  • Series Unknown (7%)

Country Focus

  • United States (33%)
  • Kenya (15%)
  • South Africa (7%)
  • Mexico (7%)
  • France (7%)
  • Egypt (4%)
  • Colombia (4%)
  • Nigeria (4%)
  • Ghana (4%)
  • India (4%)

Industry Focus

  • Financial Services
  • Fintech
  • Emerging Markets
  • Mobile Apps
  • Mobile Payments
  • Health Care
  • Payments
  • E-commerce
  • Social Entrepreneurship
  • Education
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Catalyst Fund frequently co-invest with?

HOF Capital
North America, New York, United States, New York
Co-Investments: 2
Golden Palm Investments
Africa, Greater Accra, Ghana, Accra
Co-Investments: 2
Deciens Capital
North America, California, United States, San Francisco
Co-Investments: 3
500 Global
North America, California, United States, San Francisco
Co-Investments: 7
Liquid 2 Ventures
North America, California, United States, San Francisco
Co-Investments: 3
Social Capital
North America, California, United States, Menlo Park
Co-Investments: 2
4DX Ventures
North America, New York, United States, Brooklyn
Co-Investments: 2
Resolute Ventures
North America, California, United States, San Francisco
Co-Investments: 2
Accion Venture Lab
North America, District of Columbia, United States, Washington
Co-Investments: 3
Foreign & Commonwealth Office - UK
Europe, England, United Kingdom, London
Co-Investments: 2

Which angels does Catalyst Fund often collaborate with?

Daniel Curran
North America, California, United States, Santa Monica
Shared Deals: 1
JM
North America, United States
Shared Deals: 2
EB
North America, New York, United States, New York
Shared Deals: 1
CG
Europe, England, United Kingdom, London
Shared Deals: 1
Boaz Schwartz
Asia, Tel Aviv, Israel
Shared Deals: 1
DD
North America, California, United States, Los Gatos
Shared Deals: 1
CS
North America, Washington, United States, Kirkland
Shared Deals: 1
FL
North America, New York, United States, New York
Shared Deals: 1

What are some of recent deals done by Catalyst Fund?

The Awareness Company

Johannesburg, NA - South Africa, South Africa

The Awareness Company uses data to tell stories that are useful to humans.

AnalyticsData IntegrationData Visualization
SeedJan 14, 2025
Amount Raised: $1,600,000
ENAKL

Paris, Ile-de-France, France

Enakl is a mobility company providing bus-sharing solutions for commute rides in MEA region.

Public TransportationRide SharingTransportation
Pre SeedDec 3, 2024
Amount Raised: $1,400,000
Octavia Carbon

Nairobi, Nairobi Area, Kenya

Octavia Carbon is a Direct Air Capture (DAC) company based in Kenya.

Carbon CaptureEnvironmental EngineeringGeothermal Energy
SeedOct 16, 2024
Amount Raised: $3,900,000
Sand to Green

Paris, Ile-de-France, France

Sand to Green provides a long-term solution to the problems of desertification, land degradation, food security.

Farming
SeedFeb 8, 2023
Amount Raised: $1,000,000
Eight Medical

Ikate, Lagos, Nigeria

Eight medical is a platform connecting emergency medical resources to users in need in 10 mins

Emergency MedicineHealth CareHospitalIT Infrastructure
Pre SeedJan 10, 2023
Amount Raised: $275,000
Koltin

Mexico City, Distrito Federal, Mexico

Koltin is the first - and so far only - dedicated health insurance company for older adults in Mexico.

Elder CareHealth CareHealth InsuranceInsurTech
Pre SeedApr 6, 2022
Amount Raised: $650,000
Hourwork

Boston, Massachusetts, United States

Hourwork develops a recruitment and retention platform that connects employers with hourly workers.

EmploymentHuman ResourcesRecruitingSoftware
Series AMar 28, 2022
Amount Raised: $10,000,000
Mujer Financiera

Buenos Aires, Distrito Federal, Argentina

Mujer Financiera is an ed-tech empowering women through financial education, technology and resources for personal financial management.

AppsE-LearningEdTechEducationFinancial ServicesFinTechPersonal FinanceWomen's
Pre SeedFeb 15, 2022
Brimore

Cairo, Al Qahirah, Egypt

Brimore is the leading social commerce and parallel Go To Market solution in Africa

E-CommerceRetail TechnologySocial EntrepreneurshipSocial Shopping
Series AJan 31, 2022
Amount Raised: $25,000,000
Addionics

London, England, United Kingdom

Addionics manufactures 3D Current Collectors to enhance battery performance and production efficiency.

3D TechnologyBatteryManufacturing
Series AJan 25, 2022
Amount Raised: $27,000,000