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Top 5 Finance VC (Venture Capital) Funds in Uganda in October 2023

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

Top 5 Finance VC (Venture Capital) Funds in Uganda in October 2023

Investor Finance Uganda investments
LTNT Investments 1
Future Africa 1
Consonance Investment Managers 1
Renew Capital 1
Nordic Impact Funds 1

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Investor list
LTNT Investments
VC Fund

LTNT Investments

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Investment focus

  • Finance, Payments, Software
  • Pre-Seed
  • Uganda

Portfolio highlights

  • Tripesa — Tripesa offers payment solutions for Africa's travel and tourism industry.
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Future Africa
VC Fund · San Francisco, California, United States · 10 investments in the past 12 months

Future Africa is a collective of mission-driven founders and funders building unicorns to solve Africa’s biggest challenges. They are build a future where purpose and prosperity are within everyone’s reach.

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Investment focus

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

Portfolio highlights

  • Balad — Balad is Egyptian Cross Border Payout Network primarily serving Money Transfer Operators (MTOs), fintechs and mobile wallets. Targeting sending markets including GCC, EU, US, Canada, and UK
  • Anchor — Anchor is a Lagos-based banking-as-a-service platform for African businesses. Anchor provides APIs and infrastructure to build, embed and launch powerful financial products in a secure and scalable way.
  • Itana — Talent City’s mission is to build a network of charter cities that focuses on creating technology-enabled jobs within a free trade zone with its own regulation and bylaws.
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Consonance Investment Managers
VC Fund · Lagos, Lagos, Nigeria · 1 investment in the past 12 months

We are an investment company focused on helping early and growth-stage entrepreneurs build successful companies in Africa.

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Investment focus

  • Software, Information Technology, FinTech
  • Seed, Series A, Pre-Seed
  • Nigeria, United States, Kenya

Portfolio highlights

  • Releaf — We are industrializing food processing in Africa. We've led 1000+ smallholder farmers to provide food factories with >7.5 million kilograms of quality crops.
  • Tripesa — Tripesa offers payment solutions for Africa's travel and tourism industry.
  • Norebase — Norebase knows that there's an opportunity to grow successful businesses in Africa. It also understands the complexities of the market, and so is using technology to make doing business in Africa worthwhile. With Norebase get to operate in Africa with no hassle and with minimum risk.
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Renew Capital
VC Fund · Addis Ababa, Adis Abeba, Ethiopia · 2 investments in the past 12 months

RENEW and the Impact Angel Network are one of the most active private equity investors in Ethiopia and recently expanded to Uganda. RENEW and the IAN seek to become the most successful SME investment firm in Sub-Saharan Africa, investing in hundreds of companies across twenty countries. Their mission is to find, invest and help grow great companiesled by visionary leaders.

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Investment focus

  • Food and Beverage, Baby, Reservations
  • Seed, Angel, Pre-Seed
  • Uganda, Ethiopia, Kenya

Portfolio highlights

  • Inputi — Inputi is an online marketplace, aggregator, and distributor for farm supplies based in Kampala, Uganda.
  • Buupass — BuuPass is Kenya's market leader for online bus booking. We enable travelers to reserve seats and make payments in a convenient and timely way. Try BuuPass today!
  • AkelloBanker — AkelloBanker is a data-driven digital finance technology company. The company was founded in 2015 and is headquartered in Makerere, Kampala, Uganda.
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Nordic Impact Funds
VC Fund · Copenhagen, Hovedstaden, Denmark · 1 investment in the past 12 months

Local network Sharing experience to make opportunities for jobs and income. Private Equity that will create positive impact in East Africa

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Investment focus

  • Software, Finance, Personal Finance
  • Pre-Seed, Seed
  • Uganda

Portfolio highlights

  • REXIAL — REXIAL is automating direct debit by enabling merchants to collect recurring payments from their customers securely via ACH payments at a fraction of fees on credit or debit cards.
  • ChapChap Africa — ChapChap Africa develops software that aims to help improve service delivery to under-served communities. ChapChap is a smartphone powered platform that’s helping small businesses stay afloat and thrive by introducing them to the digital age of doing business.
  • XENO — XENO is an investment management platform that helps people to plan, save, and invest in financial goals. XENO was founded in 2016 and was headquartered in Kampala, Uganda.
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