The Drake Group logoThe Drake Group

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The Drake Group: A powerhouse in Series D funding for Africa's growth-stage startups, with Glovo among its success stories. Their deep understanding of the African market and focus on value-added investment make them stand out in the landscape.

The Drake Group's Portfolio in Africa

The Drake Group has made over 1 notable investments in African startups. Their most recent investment was in Glovo, announced on April 30th, 2019.
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The Drake Group's Investment activity in Africa

With over $169M invested in African startups, their latest investment was a Series D round in Glovo, announced on April 30th, 2019, closing at $169M.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Series D
Glovo
KenyaApr 30, 2019$ 169,000,000
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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The Drake Group's Investment Distribution in Africa.

The Drake Group's currently has Startuup investments spread across the following location(s)

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