Our start-ups are committed to generating positive social and environmental impact through their innovative business models. Below, you will find a list of our develoPPP Ventures portfolio companies, organized by commitment date. Our active portfolio is highlighted in blue, while former portfolio companies are highlighted in grey.
The innovative and ecofriendly farming startup is specialized in growing and selling organic horticultural products such as basil, mint and coriander using aquaponics and hydroponics farming techniques, which is new to the East African region. The combination of aquaculture and hydroponics uses fish waste as a nutrient for plants. Aatif Aquaponics has developed a small prototype aquaponics farm in Bububu, Zanzibar, growing fruits and vegetables that are typically not grown on the island due the inadequacy of the soil for traditional agriculture.
Starting date: 07 July 2023
Aquarech Ltd. has developed Kenya’s first fish farming platform to enable the unlocked potential for job creation and food security of sustainable fish farming. Through the platform, fish farmers, fish feed manufacturers, and fish buyers can trade and build business relationships. The platform includes credit-financing services, a fish buy back system, a mobile app to easily purchase feed and a USSD platform for non-smartphone users. To establish a sustainable way of fish farming, Aquarech uses IoT water quality monitoring devices and provides climate-smart technical support to its fish farmers.
Starting date: 05 July 2023
Commitment: EUR 100,000
Stima Mobility Ltd. provides green tech solutions for the motor-taxi sector in Kenya. The company sells battery swapping services to individual electrical motor-taxi riders (boda boda riders) and is building an operating system of battery swapping stations. Additionally, STIMA has developed a full battery technology suite based on an IoT system that embeds software for Battery and Station Monitoring, a Rider App and a Swapper App.
Starting date: 10 June 2023
Commitment: EUR 100,000
Dawa Mkononi Ltd. is a data driven B2B e-commerce marketplace for healthcare facilities to procure and receive products delivered via an easy-to-use mobile app. In addition, the technological features of Dawa's platform enable the company to have full visibility of their own internal operations and to provide their B2B customers with key insights on their inventory management to reduce waste.
Starting date: 08 February 2023
Commitment: EUR 100,000
Biobuu Tanzania Ltd. is an organic waste collector and processor in Tanzania. The company has developed a large-scale factory model to produce insect-derived protein products, especially low-carbon animal feed and organic fertiliser (compost), from organic waste collected from the local marktets. In this way, Biobuu supports local governments to deal with the huge amount of organic waste, helping citizens to improve their health and helping the environment by the reduction of CO2.
Starting date: 01 February 2023
Commitment: EUR 100,000
Drop Access Ltd. is a female-led company and is the first to manufacture a portable solar-powered cool box for the delivery of vaccines and medical supplies in rural areas in Africa. The "Vaccine Box" is a real innovation that uses technology IoT integration in terms of remote data collection and monitoring capability, data on temperature, location, battery voltage, stock, and fridge operations can be accessed from anywhere in the world in real time.
Starting date: 31 January 2023
Ziotio Un Ltd. sells smart, IoT-connected, zero-emission electric 3-wheelers directly to professional taxi drivers on a lease-to-own scheme. The smart, internet-connected system allows 100% remote asset control via a web and phone app. Ziotio's model allows self-employed drivers to increase their income, save money, and become financially stable vehicle owners themselves.
Starting date: 20 January 2023
Commitment: EUR 100,000
Flamingoo Foods Company Ltd. is one of few Tanzania's rice and maize producers and operates as an innovative food supply chain startup. Flamingoo Foods' business model is based on a data-driven sourcing, storing, processing and selling of paddy rice and maize. Through this innovative data-enabled approach, Flamingoo Foods is playing an important role in improving local food security by building resilience to climate extremes.
Starting date: 07 December 2022
Commitment: EUR 100,000
Novek Ltd. builds proprietary IoT technology (including hardware and software) designed for and in Africa. The company uses this technology to design IoT-enabled dispensing machines to dispense products in small quantities, such as edible oils. They provide in a safe, hygenic, data enabled way of distribution and eliminate the need single-used plastics.
Starting date: 07 October 2020
Commitment: EUR 200,000
10Agrow is a digital platform that aims to strengthen the purchasing power of vulnerable groups (e.g. women, low-income households and micro businesses) by forming smart consumer groups. By merger, they can leverage their collective purchasing power and negotiate premium prices (20% below market rate) for essential products.
Starting date: 10 July 2022
End date: 31 May 2023
Commitment: EUR 200,000
Mazi Ltd. provides on-demand clean energy mobility services. This includes electric motorcycles (for sale) paired with battery swapping infrastructure (Battery as a Service). Moreover, the startup owns and rents batteries to commercial motorcycle riders (“boda bodas”) and businesses on a per-use fee. By developing an ecosystem of connected e-bikes, batteries and swapping stations, the company is providing a realistic, greener and cheaper alternative to high pollutive and expensive petrol bikes.
Starting date: 23 December 2022
End date: 30 April 2024
Commitment: EUR 100,000
Simusolar provides technical and digital solutions to equip smallholder farmers with solar water pump systems. The irrigation pumps work on a Pay-As-You-Go (PAYG) system and have an integrated data collection for customer usage analysis. With a mobile sales app the sales team designs customised irrigation solutions for farmers.
Starting date: 02 December 2022
End date: 30 April 2024
Commitment: EUR 100,000
Dial A Pad Ltd. manufactures smart IoT enabled sanitary towel dispensers and places them into schools,workplaces and public places to combat period poverty in Kenya, Dial A Pad’s solutions overcome the issue of last-mile delivery and thus provides an effective, accountable, and transparent distribution system for the governmental free sanitary towels Program. Schools and county governments can use the collected data to monitor early marriages and teenage pregnancies and intervene accordingly.
Starting date: 09 June 2023
End date: 01 May 2024
Commitment: EUR 100,000
Agribora's main goal is to empower smallholder farmers to engage in agribusiness by giving them access to finance. Agribora provides its customers with an e-wallet where they can create their own accounts and receive earmarked loans based on their transaction history, which is intended to derisk smallholder farming systems and improve farm productivity.
Starting date: 14 July 2022
End date: 31 May 2024
Commitment: EUR 200,000
Through an embedded marketplace, Pezesha Africa connects fundless MSMEs with distribution partners and institutional investors to provide access to affordable working capital loans. Based on real-time credit scoring, the company offers different lending options. The company helps to close the gap in MSME financing, allowing emerging sectors and markets to develop.
Starting date: 28 February 2022
Commitment: EUR 200,000
Through its DigiShop franchise network, Shamba Pride provides services to smallholder farmers. Shamba Pride enables last-mile agro-dealers and cooperative entrepreneurs to digitally connect with smallholder farmers and provide them with agriculture inputs, information, and services. Farmers are able to increase their farm productivity and sustain their employment and household income.
Starting date: 17 February 2022
End date: 31 May 2024
Commitment: EUR 300,000
Founded in 2016, Yusudi provides customized training, coaching and placement services to young talent through its training academy. Yusudi has become a key player not only in qualifying graduates for employment in sales, but also in placing them in the labor market in a timely manner. In this way, it creates a virtuous cycle of talent and business growth and an improvement in income levels.
Starting date: 01 March 2023
End date: 30 June 2024
Commitment: EUR 100,000
Zuri Health is a health app (virtual hospital) providing affordable and accessible healthcare services (chat with doctors, buy medication from pharmacies, book diagnostc tests and doctos visits at home) via mobile app, website, Whatsapp bot and SMS service. Thus, Zuri Health ensures to reach a broad population while creating job opportunities across Sub-Saharan Africa.
Starting date: 18 July 2022
End date: 30 June 2024
Commitment: EUR 300,000
Inclusivity Solutions is an African-based insurtech company offering digital insurance products and services. Putting the emerging consumer at the centre of their business, Inclusivity seeks to co-create risk protection products that are simple, affordable and accessible to market participants that have largely been excluded from traditional insurance distribution.
Starting date: 06 December 2019
Commitment: EUR 200,000
The company's core business focuses on the sale and leasing of e-motorcycles. In addition Kiri EV offers ancillary services such as PAYGO battery charging. By providing cheaper and environmentally friendly fuel to drivers, Kiri contributes to the green transition of domestic transport.
Starting date: 07 July 2022
End date: 31 August 2024
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