# Investors based in Kenya (2026 list)

> 260 investors based in Kenya, 3% active in the last 12 months. Led by Sherpa Ventures, Enza Capital, E3 Capital. Ranked by what they funded.

Source: https://millionrounds.com/lists/investors-based-in-kenya (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Investors based in Kenya

Updated 7 November 2026

Firms headquartered in Kenya, ordered by what we have observed them do rather than by what they claim to invest in. Where a firm sits is not where it invests; for that, see investors in Kenya.

[See all 260 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-kenya)The top 25

**260** investors on the list No change this week

**20** cheques in 12 months Too few cheques to tell

**$4.6M** median round they joined *-43%* against the market median

**3%** wrote a cheque in 12 months

**3%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (9)

- 1 [Sherpa Ventures](https://millionrounds.com/fund/sherpa-ventures) quiet VC firm · Kenya **20** **$3.8M** median round **Oct 2015** last seen
- 2 [Enza Capital](https://millionrounds.com/fund/enza-capital) *Deploying now* VC firm · Kenya **11** **$8M** median round **Oct 2026** last seen
- 3 [E3 Capital](https://millionrounds.com/fund/e3-capital) *Deploying now* VC firm · Kenya **10** **$7M** median round **Feb 2026** last seen
- 4 [Savannah Fund](https://millionrounds.com/fund/savannah-fund) quiet VC firm · Kenya **9** **$1.2M** median round **Mar 2019** last seen
- 5 [88mph.ac](https://millionrounds.com/fund/88mph-ac) quiet Accelerator · Kenya **7** **$71K** median round **Sept 2014** last seen
- 6 [Catalyst Fund](https://millionrounds.com/fund/catalyst-fund) *Deploying now* VC firm · Kenya **7** **$1.8M** median round **Sept 2026** last seen
- 7 [FSD Africa Investments](https://millionrounds.com/fund/fsd-africa-investments) *Deploying now* Investment firm · Kenya **5** **$10M** median round **Jul 2026** last seen
- 8 [Kestrel Capital](https://millionrounds.com/fund/kestrel-capital) quiet Investment firm · Kenya **5** **$2.2M** median round **Jun 2015** last seen
- 9 [Lighthouse Capital](https://millionrounds.com/fund/lighthouse-capital) *Deploying now* Growth equity · Kenya **4** **$9.1M** median round **Jul 2026** last seen
- 10 [Acumen Resilient Agriculture Fund](https://millionrounds.com/fund/acumen-resilient-agriculture-fund-araf) *Deploying now* VC firm · Kenya **2** **$22M** median round **Oct 2026** last seen
- 11 [Equator](https://millionrounds.com/fund/equator-vc) quiet VC firm · Kenya **2** **$5M** median round **Mar 2025** last seen
- 12 [KawiSafi Ventures](https://millionrounds.com/fund/kawisafi-ventures) *Deploying now* VC firm · Kenya **2** **$45M** median round **Feb 2026** last seen
- 13 [Standard Chartered Bank Kenya](https://millionrounds.com/fund/standard-chartered-bank) quiet Government · Kenya **2** **$261M** median round **Sept 2015** last seen
- 14 [AHL Venture Partners](https://millionrounds.com/fund/ahl-venture-partners) quiet VC firm · Kenya **1** **$1.1M** median round **Dec 2018** last seen
- 15 [BV](https://millionrounds.com/fund/bv) quiet VC firm · Kenya **1** **$3M** median round **Feb 2019** last seen
- 16 [Baobab Network](https://millionrounds.com/fund/baobab-network) *Deploying now* Accelerator · Kenya **1** **$1.2M** median round **Oct 2026** last seen
- 17 [CFAO Kenya](https://millionrounds.com/fund/cfao-kenya) quiet VC firm · Kenya **1** **$42M** median round **Oct 2024** last seen
- 18 [Commercial Bank of Africa](https://millionrounds.com/fund/commercial-bank-of-africa) quiet Investment firm · Kenya **1** **$20M** median round **Feb 2014** last seen
- 19 [CrossBoundary](https://millionrounds.com/fund/crossboundary) *Deploying now* VC firm · Kenya **1** **$4.2M** median round **Jul 2026** last seen
- 20 [Delta40 Venture Studio](https://millionrounds.com/fund/delta40-venture-studio) quiet Venture studio · Kenya **1** **$1.5M** median round **Nov 2025** last seen
- 21 [Equity Group Holdings](https://millionrounds.com/fund/equity-group-holdings) quiet Growth equity · Kenya **1** **$18M** median round **Dec 2002** last seen
- 22 [Fanisi Capital](https://millionrounds.com/fund/fanisi-capital) quiet Private equity · Kenya **1** **$3M** median round **Sept 2013** last seen
- 23 [Gather Ventures](https://millionrounds.com/fund/gather-ventures) quiet VC firm · Kenya **1** **$1.2M** median round **Jun 2019** last seen
- 24 [TransCentury](https://millionrounds.com/fund/transcentury) quiet VC firm · Kenya **1** **$12M** median round **May 2013** last seen
- 25 [AFZA Capital](https://millionrounds.com/fund/afza-capital) unknown VC firm · Kenya **none observed** **-** median round **-** last seen

**235 more on this list**

All 260 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-kenya)

## The Newest Cheques

Rounds this list's investors joined most recently

- **28** Oct **[Talent Nation](https://millionrounds.com/company/talent-nation)** Pre-seed *Led by* [Enza Capital](https://millionrounds.com/fund/enza-capital)
- **26** Oct **[Medikea](https://millionrounds.com/company/medikea)** Pre-seed · $1.2M *With* [Baobab Network](https://millionrounds.com/fund/baobab-network)
- **9** Oct **[East Africa Foods](https://millionrounds.com/company/east-africa-foods)** Series B · $40M *With* [Acumen Resilient Agriculture Fund](https://millionrounds.com/fund/acumen-resilient-agriculture-fund-araf)
- **1** Oct **[Satlyt](https://millionrounds.com/company/satlyt)** Seed · $8M *With* [Enza Capital](https://millionrounds.com/fund/enza-capital)
- **17** Sept **[Bekia](https://millionrounds.com/company/bekia)** Seed · $765K *With* [Catalyst Fund](https://millionrounds.com/fund/catalyst-fund)
- **23** Jul **[IndluLiving](https://millionrounds.com/company/indluliving)** Other · $9.2M *Led by* [FSD Africa Investments](https://millionrounds.com/fund/fsd-africa-investments)

## Stages This Year

19 rounds

- Seed **37%**
- Other **21%**
- Pre-seed **16%**
- Growth **11%**
- Series A **11%**
- Other **5%**

## What They Backed

Sectors, last 12 months

- AI **6**
- Fintech **5**
- Energy **3**
- Automotive & EVs **3**
- Climate Tech **3**
- Future of Work **3**

## Cheques by Quarter

Led Joined

5 Q1 25

4 Q2 25

2 Q3 25

5 Q4 25

5 Q1 26

3 Q2 26

5 Q3 26

4 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [Investors based in United States 73,439](https://millionrounds.com/lists/investors-based-in-united-states)
- [Investors based in United Kingdom 8,136](https://millionrounds.com/lists/investors-based-in-united-kingdom)
- [Investors based in Canada 3,879](https://millionrounds.com/lists/investors-based-in-canada)
- [Investors based in India 3,865](https://millionrounds.com/lists/investors-based-in-india)
- [Investors based in Germany 3,455](https://millionrounds.com/lists/investors-based-in-germany)
- [Investors based in China 3,027](https://millionrounds.com/lists/investors-based-in-china)
- [Investors based in United Arab Emirates 2,916](https://millionrounds.com/lists/investors-based-in-united-arab-emirates)
- [Investors based in Australia 2,592](https://millionrounds.com/lists/investors-based-in-australia)
- [Investors based in France 2,280](https://millionrounds.com/lists/investors-based-in-france)

[All investor lists *→*](https://millionrounds.com/lists)

## Quick answers about investors based in Kenya

### Who are the most active investors based in Kenya?

By cheques observed, the most active are Sherpa Ventures, Enza Capital, E3 Capital, Savannah Fund and 88mph.ac.

### How many investors based in Kenya are there?

260 are on record. 3% made an investment in the last 12 months and 3% have led a round.

### Which stages do investors based in Kenya back?

Of the rounds with a named stage in the last 12 months, mostly Seed (47%) and Pre-seed (20%).

### How big are the rounds investors based in Kenya join?

The typical (median) round among the leading investors here is $5M.

### Which sectors do investors based in Kenya back most?

In the last 12 months, mostly AI, Fintech and Energy.

### Which investors based in Kenya lead the most rounds?

Enza Capital (4 led), E3 Capital (4 led) and FSD Africa Investments (4 led).

### What have investors based in Kenya invested in recently?

Recent rounds include Talent Nation (Pre-seed, Oct 2026, with Enza Capital), Medikea (Pre-seed, Oct 2026, with Baobab Network) and East Africa Foods (Series B, Oct 2026, with Acumen Resilient Agriculture Fund).

### How is this list of investors based in Kenya ranked?

By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night.

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)