Africa Angel Investors Network

Funding Tracker                 


M-Kopa

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Connected asset financing platform that provides underbanked customers in Africa to essential products including smartphones, electric motorbikes & digital financial services


Location: Kenya
Website: https://m-kopa.com/
Sector: Energy & Water
Funding Stage: Grant, Venture Round, Venture Round, Venture Round,
Total Funding ($m): 140.3
# of Founders: 3
Founding Year: 2010
Funding Year: 2023
Status: Active
YearAmountStageInvestors
2021$0.3mGrantAFDB
2021$10mVenture RoundBritish International Investment (ex CDC)
2022$75mVenture RoundBritish International Investment (ex CDC), LGT, Lightrock, Latitude Fund, HEPCO Capital Management, Generation Investment Management, Broadscale Group
2023$55mVenture RoundSumitomo Corporation, Blue Haven Initiative, Lightrock, Broadscale Group, LocalGlobe
Jesse Moore, Chad Larson, Nick Hughes,
Grant $0.3m
AFDB

Venture Round $10m
British International Investment (ex CDC)

Venture Round $75m
British International Investment (ex CDC), LGT, Lightrock, Latitude Fund, HEPCO Capital Management, Generation Investment Management, Broadscale Group

Venture Round $55m
Sumitomo Corporation, Blue Haven Initiative, Lightrock, Broadscale Group, LocalGlobe


News
https://techcrunch.com/2023/05/15/m-kopa-snaps-up-250m-debt-equity-for-its-asset-financing-platform/