SAVANNAH FUND

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Savannah Fund is a seed capital fund specializing in US$25,000-US$500,000 investments in early stage high growth technology (web and mobile) startups in sub-Saharan Africa. Initially focused on East Africa, the fund aims to bridge the early stage/angel and venture capital investment gap that currently exists in Africa. The Fund expects to achieve this objective by combining capital with mentor networks both in the region and from Silicon Valley via an accelerator program and a follow-on indepen... dent seed fund. The fund is managed by an experienced and technology savvy team that have founded companies or are actively involved in angel investing or having run successful accelerator programs in past but also understand the unique Subsaharan African environment. They are backed and supported by both local, regional and international networks of angels,venture capitalists whose expertise we can draw on to help startups succeed and scale to fully fledged regional or global companies. They believe in the potential for Africa to become a global technology innovator by creating sustainable for profit companies that create jobs and make an impact.

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SAVANNAH FUND

Social Links:

Industry:
Asset Management Mobile

Founded:
2012-01-01

Status:
Active

Email Addresses:
[email protected]

Technology used in webpage:
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Current Employees Featured

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Olufunbi Falayi
Olufunbi Falayi Principal, West Africa @ Savannah Fund
Principal, West Africa

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Erik Hersman
Erik Hersman Partner @ Savannah Fund
Partner

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Paul Bragiel
Paul Bragiel Founding Partner @ Savannah Fund
Founding Partner
2012-06-01

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Tommy Chia
Tommy Chia Venture Partner @ Savannah Fund
Venture Partner
2018-01-01

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Mbwana Alliy
Mbwana Alliy Managing Partner & Founder @ Savannah Fund
Managing Partner & Founder

Founder


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Mbwana Alliy

Investments List

Date Company Article Money raised
2022-06-20 Afropolitan Savannah Fund investment in Pre Seed Round - Afropolitan 2.1 M USD
2022-01-25 Oze Savannah Fund investment in Seed Round - Oze 3 M USD
2021-11-11 Root Savannah Fund investment in Seed Round - Root 3 M USD
2021-09-01 Ando Foods Savannah Fund investment in Pre Seed Round - Ando Foods 200 K USD
2021-07-22 Guidewheel Savannah Fund investment in Series A - Guidewheel 8 M USD
2019-12-03 Orbit Health Savannah Fund investment in Seed Round - Orbit Health N/A
2017-08-01 Aerobotics Savannah Fund investment in Seed Round - Aerobotics 8 M ZAR
2017-05-01 Smile Identity Savannah Fund investment in Pre Seed Round - Smile Identity N/A
2017-03-29 Lidya Savannah Fund investment in Seed Round - Lidya 1.25 M USD
2016-11-22 UNICAF Savannah Fund investment in Venture Round - UNICAF 12 M USD

Newest Events participated

africacom-2019_event_image Participated in AfricaCom 2019 on 2019-11-12 as sponsor

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