
Launch Africa
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
Frequently Asked Questions
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