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LocalGlobe: a key player in Africa's startup scene, investing in impactful companies like Wefarm, Moove, and M-KOPA. With a focus on Seed and Series A rounds, they stand out for their hands-on approach and deep understanding of the African market.

LocalGlobe's Latest news
LocalGlobe becomes Phoenix Court Group, hits $500M first close for new funds, adds an Impact twist - TechCrunch

Gotrade gets $7M led by LocalGlobe to let investors around the world buy fractional shares of U.S. stocks - TechCrunch

Cosmos Video — a ‘Club Penguin for adults’ to socialise and work — raises $2.6M from LocalGlobe - TechCrunch

Breedr raises £2M led by LocalGlobe for its livestock data and trading platform - TechCrunch

Fitness startup Eastnine picks up £2M from LocalGlobe, Cherry Ventures, Niklas Zennström and others - TechCrunch

Zencargo raises a Seed Plus round led by London’s LocalGlobe to tackle global freight - TechCrunch

FloodFlash insurance startup raises £1.9M via LocalGlobe, Pentech Ventures, InsurTech Gateway - TechCrunch

Zinc, the company builder tackling societal problems, picks up £3M backing from LocalGlobe, Atomico, and LSE - TechCrunch

LocalGlobe-backed BuffaloGrid lets people charge their smartphone in off-grid locations - TechCrunch

LocalGlobe backs augmented and virtual reality content startup Curiscope - TechCrunch

LocalGlobe's Investment activity in Africa

With over $86.5M invested in African startups, their latest investment was a Pre-seed round in Itana, announced on September 6th, 2023, closing at $2M.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Series A
Wefarm
KenyaMar 09, 2021$ 11,000,000
Series D
M-KOPA
KenyaFeb 02, 2015$ 12,500,000
Seed
Foondamate
South AfricaMay 24, 2022$ 2,000,000
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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LocalGlobe's Investment Distribution in Africa.

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

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