
DOB Equity
Description
DOB Equity is a Netherlands-based independent investment firm with a dedicated focus on fostering sustainable growth in East Africa. Operating from Veessen, the firm distinguishes itself through a long-term investment horizon and a dual mandate that prioritizes both robust financial returns and significant social and environmental impact. Their strategy is deeply rooted in the belief that commercially viable businesses can also be powerful engines for positive change across the region, contributing to local economies and communities.
The firm primarily targets growth-stage companies that are either profitable or nearing profitability, demonstrating clear strategies for expansion. DOB Equity's investment thesis spans a diverse range of critical sectors, including consumer goods, food & agriculture, healthcare, education, financial services, and renewable energy, reflecting the foundational needs and emerging opportunities within East African economies. Typically, DOB Equity commits initial investments ranging from EUR 1 million to EUR 10 million per company, which translates to approximately USD 1.08 million to USD 10.8 million based on recent exchange rates. They generally seek to acquire significant minority stakes, often between 20% and 49%, allowing them to be active partners without assuming full control.
As a patient capital provider, DOB Equity typically holds its investments for a substantial period, often between 5 to 10 years. This long-term perspective enables them to provide strategic guidance, operational support, and access to their extensive network, helping portfolio companies scale sustainably. Their hands-on approach involves working closely with management teams to enhance governance, improve operational efficiency, and embed strong environmental, social, and governance (ESG) practices. This commitment to responsible investing underscores their mission to build resilient and impactful businesses that contribute to the socio-economic development of East Africa.
Investor Profile
DOB Equity has backed more than 43 startups, with 2 new investments in the last 12 months alone. The firm has led 25 rounds, about 58% of its total and boasts 0 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Private Equity, Series Unknown rounds (top funding stages).
- Majority of deals are located in Kenya, Tanzania, Germany.
- Strong thematic focus on Food and Beverage, E-Commerce, Agriculture.
- Led 2 rounds in the past year.
- Typical check size: $1.1M – $10.8M.
Stage Focus
- Seed (28%)
- Private Equity (28%)
- Series Unknown (16%)
- Series B (9%)
- Series A (9%)
- Pre Seed (7%)
- Series C (2%)
Country Focus
- Kenya (72%)
- Tanzania (7%)
- Germany (5%)
- Rwanda (5%)
- Uganda (5%)
- France (2%)
- United States (2%)
- Burundi (2%)
Industry Focus
- Food And Beverage
- E-commerce
- Agriculture
- Farming
- Health Care
- Grocery
- Marketplace
- Retail
- Shopping
- Information Technology
Frequently Asked Questions
Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.