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Top 5 Enterprise Startup Investors in Uganda in October 2023

A list of 5 angel investors and VC (Venture Capital) funds that invest in Enterprise startups based in Uganda. We rank investors based on the number of investments they made in Enterprise companies from Uganda. We update this investor list every month.

Top 5 Enterprise Startup Investors in Uganda in October 2023

Investor Enterprise Uganda investments
Ed Levinson 1
Peggy Grigus Mangot 1
GIZ - Gesellschaft für Internationale Zusammenarbeit 1
FSD Africa 1
Savannah Fund 1

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Investor list
Ed Levinson
Angel · Vancouver, Alberta, Canada

Ed Levinson - Director @ Ensibuuko

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Investment focus

  • FinTech, Financial Services, Finance
  • Seed
  • Canada, Uganda

Portfolio highlights

  • Ensibuuko — Ensibuuko is a Ugandan startup that provides a cloud-based micro-finance software for community-level financial entities in Africa
  • WealthBar — CI Direct Investing makes it easy to access financial advice. CI Direct Trading is the best online investment platform for self-directed trading.
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Peggy Grigus Mangot
Angel · San Francisco, California, United States · 1 investment in the past 12 months

Peggy Grigus Mangot is the MD Fintech Partnerships, Commercial Banking of JPMorgan Chase & Co. She previously worked at PayPal as an Operating Partner, PayPal Ventures. Peggy Grigus Mangot attended Indiana University.

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Investment focus

  • Financial Services, FinTech, Information Technology
  • Pre-Seed, Seed, Series A
  • United States, Uganda

Portfolio highlights

  • TaxGPT — Looking for instant tax help? Meet TaxGPT, your AI-powered tax assistant. We simplify tax processes and maximize deductions. Try TaxGPT today!
  • clinicpesa — Your Instant Secure Medical Mobile Bank In Your Palm.
  • Firstbase — Equip remote and hybrid workers for success across the entire employee journey with the Firstbase platform. Firstbase powers a complete equipment lifecycle, fusing SaaS automation with world-class physical operations. Simplify onboarding, streamline offboarding, centralize and simplify asset management and warehousing, and build IT sustainability. Optimize HR experiences, flex your workplace services, and maximize every asset with Firstbase.
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GIZ - Gesellschaft für Internationale Zusammenarbeit
VC Fund · Bonn, Nordrhein-Westfalen, Germany · 1 investment in the past 12 months

GIZ, as a service provider for int. cooperation for sustainable development & international educational work, is dedicated worldwide to a future worth living.

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Investment focus

  • Health Care, Information Technology, Coffee
  • Pre-Seed, Grant, Seed
  • Egypt, Iraq, Uganda

Portfolio highlights

  • Carble — We provide carbon insetting technology to tropical commodity buyers and cash incentives to farmers that protect the forest. Our satellite-powered platform monitors carbon emissions, allowing for deforestation-free farming to be rewarded at scale.
  • Orisdi — Orisdi provides customers with a wide range of products with a unique customer experience.
  • Forested — Agroforestry Enterprise
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FSD Africa
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investment in the past 12 months

Created in 2012, FSD Africa is a £30 million financial sector development programme or ‘FSD’ based in Nairobi. It is funded by UK aid from the UK Government. FSD Africa aims to reduce poverty across sub-Saharan Africa by building financial markets that are efficient, robust and inclusive.FSD Africa is a market facilitator or catalyst. It appliesa combination of resources, expertise and research to address financial market failures and deliver a lasting impact. FSD Africa has a mandate to work across sub-Saharan Africa on issues that relate to both ‘financial inclusion’ and ‘finance for growth.’FSD Africa is also a regional platform. It fosters collaboration, best practice transfer, economies of scale and coherence between development agencies, donors, financial institutions, practitioners and government entities with a role in financial market development in sub-Saharan Africa. In particular, FSD Africa provides strategic and operational support to the FSD Network.

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Investment focus

  • Financial Services, FinTech, Solar
  • Grant, Pre-Seed, Series A
  • Uganda, South Africa, United States

Portfolio highlights

  • clinicpesa — Your Instant Secure Medical Mobile Bank In Your Palm.
  • Nithio Holdings — Nithio has standardized credit risk to catalyze billions of dollars of capital to address climate change and achieve universal energy access.
  • Africa Climate Ventures — We build climate unicorns in Africa Our Thesis Climate action is reshaping the global economy Consumers are shifting towards climate-friendly products.Governments, aiming for net-zero, are shifting policy and committing billions of dollars to climate action.New technologies, processes, and energy sources are being developed, revolutionizing markets and redefining country resource endowments.Carbon markets are flourishing, fostering new business
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Savannah Fund
VC Fund · Nairobi, Nairobi Area, Kenya

Savannah Fund is a seed capital fund specializing in US$25,000-US$500,000 investments in early stage high growth technology (web and mobile) startups in sub-Saharan Africa. Initially focused on East Africa, the fund aims to bridge the early stage/angel and venture capital investment gap that currently exists in Africa. The Fund expects toachieve this objective by combining capital with mentor networks both in the region and from Silicon Valley via an accelerator program and a follow-on independent seed fund.The fund is managed by an experienced and technology savvy team that have founded companies or are actively involved in angel investing or having run successful accelerator programs in past but also understand the unique Subsaharan African environment. They are backed and supported by both local, regional and international networks of angels,venture capitalists whose expertise we can draw on to help startups succeed and scale to fully fledged regional or global companies.They believe in the potential for Africa to become a global technology innovator by creating sustainable for profit companies that create jobs and make an impact.

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Investment focus

  • E-Commerce, FinTech, Information Technology
  • Seed, Series A, Pre-Seed
  • Kenya, United States, South Africa

Portfolio highlights

  • Oze — OZÉ brings African small businesses into the digital era. It is an app that makes it easy for businesses to track sales, expenses, and customer information. The data is analyzed to provide tailored recommendations, reports, and business education. If the entrepreneur needs a little extra support, an OZÉ Coach is just a click away. As they are usingOZÉ to manage their business and learn how to run it better, we are learning about them. Using this data and machine learning, we can predict their credit risk and provide them with affordable capital from our banking partners. With over 20,000 registered users, OZÉ is the largest online community of SMEs in Ghana. The most exciting thing is that OZÉ works; 97% of businesses that have used OZE for at least 9 months are growing or profitable or both!
  • Root — Programmable insurance that you can integrate into your product or service with ease
  • Afropolitan — Afropolitan is building a Network State to unleash the maximum potential of Africans around the world. Are you interested? Join us with your email.
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