When was The Baobab Network founded?

The Baobab Network was founded in 2015.

Where is The Baobab Network's headquarters located?

The Baobab Network's headquarters is located in Nairobi (Kenya).

How big is The Baobab Network's investment team?

The Baobab Network has a team of 11, including 4 partners.

How many companies has The Baobab Network invested in?

The Baobab Network has invested in 48 companies, including CreditChek & Alerzo.

Which companies has The Baobab Network invested in lately?

Medikea & Voveid are the latest investments by The Baobab Network.

How many exits has The Baobab Network been involved in?

The Baobab Network's portfolio has seen 2 acquisitions.

The Baobab Network - 2026 Investor Profile, Portfolio, Team & Investment Trends

1. CreditChek

Developer of a credit data aggregating platform. It provides users with a reliable finance and credit data platform for businesses. It also offers APIs to aggregate credit data from multiple bank partners into a single platform. Its features include data accessing, consumer banking analytics, and avoiding loan stacking.

Key facts about CreditChek

Founded Year: 2021
Location: Lagos (Nigeria)
Stage: Seed
Total Funding till date: $840K
Employee Count: 19 as on Sep 30, 2026
Investors: Vastly Valuable Ventures, Janngo and 10 Others
Latest Funding Round: Seed, Jun 08, 2026, $*****
Highlight: Editors' Pick

2. Alerzo

Provider of software solutions enabling informal distribution for retail businesses. It offers on-demand inventory distribution and financial services for small informal stores. It also provides real-time market trends, customer feedback, and consumer purchasing data, enabling retailers to discover, purchase and manage inventories for the stores.

Key facts about Alerzo

Founded Year: 2018
Location: Ibadan (Nigeria)
Stage: Series A
Total Funding till date: $20M
Employee Count: 808 as on Sep 30, 2026
Investors: FJ Labs, Grant Park Ventures and 6 Others
Latest Funding Round: Series A, Aug 20, 2021, $*****
Highlight: Editors' Pick

3. Community Wolf

Developer of a WhatsApp-based platform for community safety and security. It provides tools for reporting incidents, receiving alerts, and managing security operations. The platform offers features such as licence disc scanning, group monitoring, and live patrol logs. It aims to provide accessible safety solutions for various users.

Key facts about Community Wolf

Founded Year: 2024
Location: Johannesburg (South Africa)
Stage: Seed
Employee Count: 6 as on Sep 30, 2026
Investors: Fuel Ventures and The Baobab Network
Latest Funding Round: Seed, Jan 24, 2025, $*****

4. Gendo

AI-based designing platform for architects. The platform offers a browser-based platform that provides CGI, visualization, and more.

Key facts about Gendo

Location: London (United Kingdom)
Valuation: $*****
Stage: Seed
Total Funding till date: $8M
Employee Count: 13 as on Sep 30, 2026
Investors: Ascension Ventures, PT1 and 8 Others
Latest Funding Round: Seed, Sep 24, 2024, $*****
Highlight: Editors' Pick

5. FXKUDI

Cross-border money transfers for individuals and businesses. It offers users to send, receive, and exchange funds overseas using prepaid cards. The application can be accessed on iOS and Android devices.

Key facts about FXKUDI

Founded Year: 2020
Location: Accra (Ghana)
Stage: Seed
Total Funding till date: $71K
Employee Count: 7 as on Sep 30, 2026
Investors: Inclusive Fintech 50, Startup Wise Guys and 1 Other
Latest Funding Round: Seed, Mar 17, 2022, $*****

View the full list of portfolio companies

The Baobab Network has invested in 49 companies over the last 7 years, with an average of 4 new investments annually in the last 5 years. In 2025, it made 3 investments, while as of Oct 2026, it has made 1 investment in this year. Its most recent first time investment was in Voveid and most recent follow-on round was in Medikea.

Here are The Baobab Network's Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	0	1	1
2025	3	0	3
2024	1	0	1
2023	8	1	9
2022	8	0	8
2021	0	1	1
2020	1	0	1
2019	9	0	9

View all investments by The Baobab Network

The Baobab Network has made 26 investments in Seed stage with an average round size of $322K and 4 investments in Grant (prize money) stage with an average round size of $50K.

Here are The Baobab Network's investments by stage:

Stage of entry	No. of Investments
Seed	26
Grant (prize money)	4

Note: We have considered here, only first round of investments

View all investments by The Baobab Network

The Baobab Network has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, Consumer, Retail and HealthTech. Notably, it has invested in 39 Tech companies, 26 Enterprise (B2B) companies, 22 Consumer (B2C) companies and at least 22 companies focusing on Software.

Here are The Baobab Network's investments by sector:

Sector	No. of Investments
Enterprise Applications	12
FinTech	9
Consumer	5
Retail	5
HealthTech	3
Others	28

Note: We have considered here, only first round of investments

View all investments by The Baobab Network

The Baobab Network has made most investments in Nigeria (7), followed by Ethiopia where it has made 3 investments.

Here are The Baobab Network's investments by geography:

Country	No. of Investments
Nigeria	7
Ethiopia	3
Kenya	3
Rwanda	2
South Africa	2
Others	12

Note: We have considered here, only first round of investments

View all investments by The Baobab Network

The Baobab Network has made 1 investments in 2026 so far - Medikea.

Here are the most recent investments by The Baobab Network:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
Oct 26, 2026	Medikea	Tanzania	Seed	5269	Catalyst Fund [+6]
Apr 16, 2025	Voveid	-	Seed	5506	-
Jan 24, 2025	CreditChek	Nigeria	Seed	4291	-
Jan 24, 2025	Community Wolf	South Africa	Seed	8471	-
Jul 03, 2024	Gendo	United Kingdom	Seed	5226	Ascension Ventures [+1]

See more recent investments made by The Baobab Network

2 companies from The Baobab Network's portfolio have been acquired. The most recent acquisition was Shago Payments in Oct 2021 by Alerzo for $*****.

Here are The Baobab Network's portfolio companies that got acquired most recently:

Filter this list

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
Shago Payments	Oct 15, 2021	-	-	7230
Mangwee	Apr 14, 2021	-	-	9652

View all acquired companies in The Baobab Network's portfolio

The Baobab Network has a team of 11 members including 4 Partners and 4 Principals located in United Kingdom, Kenya and 1 more location. The Baobab Network's team does not sit on the board of any company as of now.

Here is a list of top team members in The Baobab Network:

Name	Designation	Location	Board Memberships	Contact Details
Niama El Bassunie	Partner	United Kingdom	-	1 Email
Tom Fairburn	Partner	London	-	1 Email
Arthur C Chupeau	Partner	Nairobi	-	1 Email
Steve Castle FCA.	Partner	London	-	2 Emails
Carven Liu	Principal	-	-	-
Samuel Boroh	Principal	Nigeria	-	1 Email
Sahil Chopra	Principal	London	-	1 Email
David Pearce	Principal	London	-	-

View team details of The Baobab Network

Over the past 7 years, 37 investors have co-invested in The Baobab Network's portfolio companies. This includes funds and angels.

Invested before The Baobab Network: Atom Capital, Aidi and 7 others have invested in rounds before The Baobab Network. There is 1 company where Atom Capital has invested before The Baobab Network and 1 company where Aidi has invested before The Baobab Network.
Top Co-investors of The Baobab Network: 3 investors entered a company along with The Baobab Network. These include investors like Signal Hill Equity Partners (1 company).
Invested after The Baobab Network: A total of 25 investors have invested in The Baobab Network's portfolio after their investments. Top Investors include Alchemist Accelerator (2 companies) and Janngo (1 company).