GJO & PartnersInvest Matching

Funding and investors in Kenya: market analysis

Who invests in Kenya, in which sectors, with which tickets and instruments: every figure below is computed from the funding deals recorded on the platform.

126

deals recorded

39

over 12 months

10 M$

median disclosed ticket

119

identified investors

Key findings

  • 126 funding deals recorded (Kenya) since 2007, involving 100 companies and 119 identified investors. 39 of them over the last 12 months (35 the previous year).
  • Median disclosed ticket: 10 M$; half of the deals fall between 4.9 M$ and 31 M$ (81 amounts disclosed out of 126, 2.3 bn $ in total).
  • Where the money goes: Energy (29 %), Agribusiness (10 %), Fintech (10 %).
  • Most frequent stage: Growth (30 %); most used instrument: Equity (58 %).
  • Most active investors: Novastar Ventures (7), TLcom Capital (7), Helios Investment Partners (6).
  • 24 % of deals are syndicated (at least two investors around the table).

Sectors

  • Energy37
  • Agribusiness12
  • Fintech12
  • Financial services12
  • E-commerce8

Industries

  • Electric mobility14
  • Wind, hydro, geothermal and biogas7
  • Vehicle and productive-asset finance5
  • Telecom operators and ISPs5
  • Clinics and hospitals4

Stages

  • Growth38
  • Debt20
  • Seed19
  • Pre-Seed10
  • Series A8

Instruments

  • Equity73
  • Senior debt28
  • Quasi-equity2
  • Grant2
  • Mezzanine debt1

Deals per year

YearDealsDisclosed amounts
2021528 M$
202217186 M$
2023641.2 M$
2024984.2 M$
202542954.2 M$
202629597.5 M$

Most active investors

Latest deals

CompanyDateDisclosed amountsLead
SunCultureProductive use: solar cooling and pumping · Kenya · DebtSept 202610 M$Mirova Natural Capitalsource
SpiroElectric mobility · Kenya · DebtSept 202618 M$Africa Go Green Fund (AGG)source
VelocityVocational training · KenyaSept 2026undisclosedAfrica Jobs Fundsource
PeopleGatewayRecruitment and staffing · KenyaSept 2026undisclosedAfrica Jobs Fundsource
WatuVehicle and productive-asset finance · Kenya · DebtSept 20267 M$AHL Venture Partnerssource
Zamara HoldingsInsurance · Kenya · GrowthSept 2026undisclosedAmethissource
ARC RideElectric mobility · Kenya · DebtSept 202633.3 M$Novastar Venturessource
Arc Ride LtdElectric mobility · KenyaSept 2026undisclosedProparcosource
FlowtConsulting and professional services · Kenya · Pre-SeedAug 2026undisclosedDelta40source
Peach CarsOnline marketplaces · Kenya · DebtAug 20263.7 M$Japan Finance Corporationsource
SeviSupply chain software · KenyaJul 2026undisclosedOxano Capitalsource
M-KOPA KenyaElectric mobility · Kenya · DebtJul 202630 M$FMOsource
Looking for funding? See which funds match your project →Browse the fund directory →Investor: see published projects looking for funding →

See also

Method: published funding deals (press releases, specialised media), recorded by Invest Matching's news monitoring and reviewed before integration. Amounts in US dollars; deals without a disclosed amount count in the totals, not in the medians.