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Launch Africa

Africa, Plaines Wilhems, Mauritius, Ebène

Description

Launch Africa Ventures is a highly active Pan-African venture capital fund headquartered in Ebène, Mauritius, specifically designed to bridge the significant funding gap prevalent in the Seed and pre-Series A investment landscape across Africa. The fund's strategic focus is on identifying and nurturing early-stage startups that are developing innovative, scalable solutions for the continent's diverse markets. Their investment thesis is rooted in the belief that local innovation holds the key to addressing Africa's unique challenges and unlocking its immense economic potential.

The fund employs a broad, sector-agnostic investment strategy, allowing it to back promising ventures across a wide array of industries. This includes, but is not limited to, burgeoning sectors such as FinTech, HealthTech, EdTech, AgriTech, and logistics. Launch Africa's geographical footprint is impressively extensive, having deployed capital into startups operating in over 20 African countries. This wide-ranging approach enables them to tap into various regional ecosystems and support a diverse portfolio of companies that are poised for significant growth.

Launch Africa has established itself as one of the most prolific investors on the continent, demonstrating an exceptional pace of deployment. Since its inception, the fund has made over 130 investments, showcasing its commitment to rapidly injecting capital into the African startup ecosystem. The fund successfully closed its inaugural fund at $30.8 million, a testament to investor confidence in its strategy and the African market's potential. Typically, their initial cheque sizes for first-time investments range from $100,000 to $300,000, with a capacity for follow-on investments that can extend up to $500,000, providing crucial support as their portfolio companies scale.

Investor Profile

Launch Africa has backed more than 79 startups, with 8 new investments in the last 12 months alone. The firm has led 21 rounds, about 27% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Pre Seed, Series Unknown rounds (top funding stages).
  • Majority of deals are located in Kenya, Nigeria, United States.
  • Strong thematic focus on Financial Services, FinTech, Finance.
  • Led 3 rounds in the past year.
  • Typical check size: $100K – $300K.

Stage Focus

  • Seed (67%)
  • Pre Seed (20%)
  • Series Unknown (9%)
  • Series A (1%)
  • Convertible Note (1%)
  • Non Equity Assistance (1%)

Country Focus

  • Kenya (16%)
  • Nigeria (13%)
  • United States (11%)
  • Egypt (10%)
  • United Kingdom (9%)
  • South Africa (6%)
  • France (6%)
  • Senegal (5%)
  • Cameroon (3%)
  • Tanzania (3%)

Industry Focus

  • Financial Services
  • Fintech
  • Finance
  • Information Technology
  • Software
  • Payments
  • Apps
  • Health Care
  • E-commerce
  • Mobile Payments
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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 Launch Africa frequently co-invest with?

Musha Ventures
North America, New York, United States, New York
Co-Investments: 6
Saviu Ventures
Africa, Plaines Wilhems, Mauritius, Ebène
Co-Investments: 5
UNCOVERED FUND
Asia, Tokyo, Japan, Tokyo
Co-Investments: 5
CO
Europe, Vaduz, Liechtenstein, Vaduz
Co-Investments: 12
Plug and Play
North America, California, United States, Sunnyvale
Co-Investments: 6
MAGIC Fund
North America, California, United States, Los Angeles
Co-Investments: 5
Orange Ventures
Europe, Ile-de-France, France, Paris
Co-Investments: 7
Five35 Ventures
Africa, NA - South Africa, South Africa, Gauteng
Co-Investments: 6
AXIAN
Africa, Antananarivo, Madagascar, Antananarivo
Co-Investments: 4
Future Africa
North America, California, United States, San Francisco
Co-Investments: 9

Which angels does Launch Africa often collaborate with?

Marek Olszewski
North America, Florida, United States, Miami
Shared Deals: 1
CA
Europe, England, United Kingdom, London
Shared Deals: 3
EJ
Europe, England, United Kingdom, London
Shared Deals: 1
MS
North America, California, United States, Oakland
Shared Deals: 1
FR
North America, California, United States, San Francisco
Shared Deals: 1
Honey Ogundeyi
Africa, Nigeria
Shared Deals: 1
RR
North America, California, United States, San Francisco
Shared Deals: 1
AH
North America, District of Columbia, United States, Washington
Shared Deals: 1
RS
Europe, England, United Kingdom, London
Shared Deals: 1
AV
North America, California, United States
Shared Deals: 1

What are some of recent deals done by Launch Africa?

Liquify Digital

London, England, United Kingdom

Liquify is an invoice finance platform that transforms invoices from African SMEs into an investable asset

Financial ServicesLending
SeedJun 26, 2025
Amount Raised: $2,000,000
PayTic

Charlottetown, Prince Edward Island, Canada

Our SaaS helps card issuers and fintech businesses control risk and compliance through digitizing the payments back-office functions.

ComplianceCustomer ServiceFinancial ServicesFinTechPaymentsProductivity ToolsSaaS
SeedApr 8, 2025
Amount Raised: $4,000,000
Affinity

Accra, Greater Accra, Ghana

Affinity is a financial solutions company that provides financial inclusion, advisory, and literacy services.

ConsultingFinanceFinancial Services
SeedFeb 11, 2025
Amount Raised: $8,000,000
ToumAI Analytics

Cannes, Languedoc-Roussillon, France

ToumAI Analytics is a software development company providing voice analytics, real-time analytics, and reporting services.

AnalyticsArtificial Intelligence (AI)Real TimeSoftware
Pre SeedFeb 9, 2025
Amount Raised: $1,030,980
PBR Life Sciences

London, England, United Kingdom

PBR Life Sciences connects businesses with real-world opportunities in life sciences by combining data, technology, and people.

AnalyticsHealth CareLife SciencePharmaceutical
Pre SeedOct 23, 2024
Amount Raised: $1,000,000
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
Happy Pay

Cape Town, NA - South Africa, South Africa

Happy Pay is a payment platform that delivers merchants, shoppers, and the planet.

FinanceFinancial ServicesShopping
Pre SeedSep 17, 2024
Amount Raised: $1,819,175
Cauri Money

Paris, Ile-de-France, France

Cauri Money specializes in financial technology with a wide range of digital banking solutions via app for fund transfer.

AppsBankingFinancial ServicesFinTech
SeedAug 14, 2024
Bosso

Rimini, Emilia-Romagna, Italy

Bosso is a robotics company that specializes in manufacturing machines related to the tending, management, and handling of materials.

IndustrialIndustrial AutomationRobotics
Pre SeedMay 31, 2024
Amount Raised: $400,000
Maad

Dakar, Dakar, Senegal

Maad is a B2B marketplace for Francophone Africa

B2BE-Commerce PlatformsInformation TechnologyMarketplaceWholesale
SeedMay 13, 2024
Amount Raised: $2,300,000