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Finnfund is a Finnish development financier investing in sustainable businesses in Africa, Asia, and Latin America. They provide risk capital for impact-driven businesses, with a focus on fintech, agriculture, and sustainable infrastructure. Finnfund's unique approach combines commercial investment with long-term development impact, making them a strong partner for startups seeking both funding and support for growth.

Type
Venture Capital

Finnfund's Portfolio in Africa

Finnfund has made over 3 notable investments in African startups. Their most recent investment was in Kasha, announced on July 21st, 2023.
Finnfund's Latest news
Norfund, BII, Finnfund invest $200m in African forestry fund - Reuters

Norfund, BII, Finnfund invest $200m in African forestry fund - Reuters.com

Meet the Investor: Johanna Raehalme, Finnfund - Disrupt Africa

d.light Receives $7m in Equity Financing from OP Finnfund Global Impact Fund I - TechEconomy.ng

Finnfund's Investment activity in Africa

With over $27.1M invested in African startups, their latest investment was a Series B round in Kasha, announced on July 21st, 2023, closing at $21M.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Series A
Fuzu
KenyaMar 10, 2020$ 4,037,000
Seed
Fuzu
KenyaDec 03, 2016$ 2,137,000
Series B
Kasha
RwandaJul 21, 2023$ 21,000,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000

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Finnfund's Investment Distribution in Africa.

Finnfund's currently has Startuup investments spread across the following location(s)

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