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Foundamental is a seed-stage VC firm investing in deep tech, frontier tech, and fintech startups in Africa. Their unique approach combines a focus on founder mentorship, global partnerships, and a deep understanding of the African tech ecosystem. They have a portfolio of high-growth companies like Jumba, transforming the African tech landscape.

Foundamental's Portfolio in Africa

Foundamental has made over 1 notable investments in African startups. Their most recent investment was in Jumba, announced on February 20th, 2023.
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Foundamental's Investment activity in Africa

With over $4.5M invested in African startups, their latest investment was a Seed round in Jumba, announced on February 20th, 2023, closing at $4.5M.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Seed
Jumba
KenyaFeb 20, 2023$ 4,500,000
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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Foundamental's Investment Distribution in Africa.

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

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