Savannah Fund

Profile

Savannah Fund is a venture capital firm and accelerator based in Africa, focusing on high-growth early-stage technology companies. Established in 2011, it was founded by Mbwana Alliy, who has a strong background in engineering and entrepreneurship, with specific experience in Africa and the technology sector. The firm's team also includes Paul Bragiel, who brings a wealth of experience as a co-founder of three companies and as an early-stage investor in many startups. The firm distinguishes itself by its pan-African focus and its strategy of bridging the gap between early-stage and venture capital investments through strong mentorship and local technical support networks.

Savannah Fund targets the technology sector with investments in web and mobile startups across sub-Saharan Africa, concentrating primarily on East Africa. Investment sizes range from $50,000 to $1,000,000, generally at the seed stage with a view towards scaling regionally and globally. The fund partners with both local and international investors, leveraging a comprehensive network to help founders succeed. Their second seed fund is $25 million in size and is backed by high-profile partners such as IFC and Draper.

Notable companies in their portfolio include Knabu - a blockchain-based service, RxALL - a pharmaceutical verification platform, Root - an insurtech company, Hohm Energy - a clean energy solutions provider, Oze - a financial tracking app for SMEs, and Kubik - a waste recycling company. These investments reflect their focus on technological innovations that have significant potential for growth and impact in their respective industries.