Safaricom Spark Venture Fund

Safaricom in November 2014 launched a venture fund that invest in late seed to early growth stage support start-ups that use mobile technology as an enabler. The Fund is a venture capital fund that aims to support the successful development and growth of high potential mobile tech start-ups in Kenya through a combination of investment, business development support and technical assistance leveraging on Safaricom’s unique capabilities, assets and market positioning.

Investor Vision

Support the successful development and growth of high potential mobile tech start-ups

Investor Funding Goals

To provide transformative funding options for mobile tech based start-ups and developers and give them a platform for business capacity and economic empowerment

Investor Entrepreneurial Experience

Over 15 years combined experience

Investor Technical Experience

Over 20 years experience

Year
2014
Countries
Afghanistan
Brazil
Cameroon
China
Colombia
Egypt
Indonesia
Israel
India
Mexico
Nepal
Philippines
Pakistan
Thailand
Turkey
Uganda
United States
Vietnam
Yemen
South Africa
United Arab Emirates
Australia
Bangladesh
Canada
Germany
Spain
France
United Kingdom
Italy
Morocco
Malaysia
Netherlands
Portugal
Saudi Arabia
Sweden
Singapore
Tunisia
Taiwan
Romania
Serbia
Republic of Ireland
Hong Kong
Somalia
Sectors
Financial & FinTech
Mobility, Transport & Logistics
Capital Types
Equity
Lending
Provider Types
Venture Capital
Corporates
Country / Region of Interest

Kenya

Time to Close Deal in Days
180
Maximum Investment
215k
Minimum Investment
60k