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Innovate UK is a UK-based government agency supporting innovation in businesses. In Africa, they focus on Grant rounds, investing in startups like Wefarm, Synnefa, and OX Delivers. Their unique approach lies in providing non-dilutive funding, allowing African startups to retain ownership and control while accessing critical growth capital.

Type
Venture Capital

Innovate UK's Portfolio in Africa

Innovate UK has made over 11 notable investments in African startups. Their most recent investment was in mopo, announced on July 17th, 2025.
Innovate UK's Latest news
Mixed-reality music startup Volta wins $500k Innovate UK grant - Music Ally

Sequential awarded prestigious Innovate UK SMART Grant to propel understanding of skin microbiome forward - PR Newswire

Three South African technologies pitch for Innovate UK funding - Creamer Media's Engineering News

Podcast: How Innovate UK is accelerating innovation to end energy poverty - ESI Africa

Innovate UK's Investment activity in Africa

With over $4.6M invested in African startups, their latest investment was a Grant round in mopo, announced on July 17th, 2025, closing at $1.3M.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Grant
enee.io
NigeriaMay 02, 2024Undisclosed
Grant
OX Delivers
RwandaOct 01, 2021Undisclosed
Grant
enee.io
NigeriaOct 27, 2021Undisclosed
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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Innovate UK's Investment Distribution in Africa.

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

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