# Equator: portfolio, investments and team > Equator is a vc firm based in Kenya. 2 investments on record, latest Mar 2025. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/equator-vc (Millionrounds; every figure on the page links to its filing or article) Kenya · [Investor](https://millionrounds.com/investors) # Equator Filed with the SEC to raise a fund in Mar 2025, closing $55M. Last cheque observed Mar 2025. Email Quiet New fund $55M, Mar 2025 VC firm Series A Series B Energy Agriculture Mobility Follow Equator and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fequator-vc) Cheques on record **0%** of best year **0** **cheques in 12 months**, 2 on record Since the last cheque **579** days **00** hrs **00** min **00** sec Median round **$5.0M** Rounds led **1 of 2** Pitch Equator ## Equator highlights - 01 2 rounds on record - 02 Mostly Seed: 100% of its rounds - 03 Led 1 rounds ## What they do > A venture capital firm investing in tech-enabled, early-stage ventures that are accelerating an equitable climate transition in Sub-Saharan Africa. From their own website - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Series A Series B - **Sectors:** Energy Agriculture Mobility - **Based in:** Nairobi, Kenya - **Cold pitches:** Not accepted ## The record Every round we can evidence, newest first **2 appearances** - **2025** 1 round - **Mar** **[Leta](https://millionrounds.com/company/leta)** Seed · KE · Disrupt Africa **$5.0M** With 3 others - **2024** 1 round - **Nov** **[Shyft Power Solutions](https://millionrounds.com/company/shyft-power-solutions)** NG · Disrupt Africa **Undisclosed** *Led* An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **2 named** MW **Morgan William Defoort** Managing Member i Form ADV NJ **Nijhad Jamal** Managing Member i Form ADV We also hold **3** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **$54M** gross assets of its funds Oct 2026 **Exempt** reporting adviser venture or small private funds - **Legal name:** Equator Africa, LLC - **SEC number:** CRD 331510 Who backs their funds ## 4 LPs on record in Equator's funds - **Funds:** 1 The institutions that put money into its funds, which the firm then invests in companies. Source: fund news. - [**British International Investment** 1 fund](https://millionrounds.com/fund/british-international-investment-bii) Fund Vintage Committed Equator first fund - - - [**International Finance Corporation** 1 fund](https://millionrounds.com/fund/international-finance-corporation-ifc) Fund Vintage Committed Equator first fund - - - [**PROPARCO** 1 fund](https://millionrounds.com/fund/proparco) Fund Vintage Committed Equator first fund - - - [**Shell Foundation** 1 fund](https://millionrounds.com/fund/shell-foundation) Fund Vintage Committed Equator first fund - - ## What they claim to have backed From their own portfolio page (on their website) **5** of 11 we have independently watched raise [An IoT-enabled suite](https://millionrounds.com/company/steamaco)[Apollo provides a](https://millionrounds.com/company/apollo-agriculture)[Leta provides a](https://millionrounds.com/company/leta)[Openaccess](https://millionrounds.com/company/open-access-energy)[Sunculture offers smallholder](https://millionrounds.com/company/sunculture) Downforce Technologies provides Ibisa designs and Iyris Network Nation provides Odyssey provides an Roam designs and Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded. New fund on file **$55M** raised in Mar 2025 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Series A Series B Median round joined **$5.0M** the round, not its cheque Led 1 of 2 rounds **50%** - **Sole investor:** Never alone - **Last cheque:** Mar 2025 Rounds by stage said on their site - Seed *1* - Series A said *-* - Series B said *-* Cheques by month Led Joined Nov 2023 Oct 2026 **Pitching Equator?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Recently backed The latest companies Equator put money into. [**Leta** $5.0M · Mar 2025](https://millionrounds.com/company/leta) ## Quick answers about Equator ### What does Equator invest in? Equator invests most often at Seed (100% of the rounds on record), in sectors such as Energy, Agriculture and Mobility. ### How active is Equator? 2 investments on record, 0 of them in the last 12 months, and it led 1. The most recent was in Mar 2025. ### What has Equator invested in recently? Its most recent investments on record: Leta (Seed, Mar 2025) and Shyft Power Solutions (Undisclosed round, Nov 2024). ### How big are Equator's cheques? The median round it joins is $5.0M. ### Is Equator investing now? No investments in the last 12 months; the latest was in Mar 2025. ### What kind of investor is Equator? Equator is a VC firm based in Nairobi, Kenya. ### How much does Equator manage? About $54M, as gross assets of its private funds (Oct 2026). ### Has Equator raised a new fund? Its latest fund filing with the SEC was in Mar 2025, reporting $55M raised. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. 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