About startup landscape in Kenya
Kenya has over 11,136 startups across the country. Of these, 1.28K are funded companies that have collectively raised $12.2B in venture capital and private equity. A total of 1,119 investors have participated in 1,739 funding rounds, with 74 startups securing early-stage funding and 48 raising late-stage funding. In the last five years, 1,205 new companies have been founded, raising over $56.1M in funding. Startups in Kenya have witnessed 151 acquisitions and 51 IPOs, while 2,472 startups wrapped up operations. Additionally, 344 companies have been founded by women.
Top Companies in Kenya
d light is the top company in Kenya, ranked using Tracxn Score (what's this?).
Here are 5 of the top companies in Kenya:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Provider of affordable solar energy solutions and financing. This company offers solar home systems, inverters, and appliances designed for off-grid communities. It also provides accessible financing options, such as PayGo, to expand access to clean energy. The company focuses on last-mile delivery to reach underserved areas and employs innovative product designs. Its offerings aim to improve lives by fostering education, health, and economic opportunity. | Nairobi (Kenya) | 2004 | Series E | $118M | |
Provider of range of services including mobile voice and data connectivity, internet access, and business solutions to individuals and enterprises | Nairobi (Kenya) | 1997 | Acquired | - | |
Online retailer of everyday consumer goods providing delivery services to shops | Nairobi (Kenya) | 2013 | Series B | $152M | |
Online cross-border remittance platform for individuals | Nairobi (Kenya) | 2017 | Series A | $50.1M | |
Provider of affordable solar power for households | Nairobi (Kenya) | 2011 | Series D | $241M |
Recent Funding Rounds in Kenya
In the year 2026, till April 2026, $34M has been raised in 4 equity
funding rounds across Kenya. In the same period last year (i.e. till April 2025), $28.8M had been raised across 8 rounds in Kenya. So, 2026 has seen a 18.18% rise in funding in companies of Kenya as compared to 2025.
Here are some recent, important funding rounds in Kenya:Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series B | 6845 | Apr 07, 2026 | ||
Seed | 5420 | Mar 29, 2026 | ||
Series B | 4184 | Jan 21, 2026 | ||
Seed | 5600 | Jan 13, 2026 | ||
Series C | 6540 | Dec 25, 2025 |
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- 11.1K+ Total Companies
- $12.2B+ Total Funding
- 1.3K+ Funded Companies
- 50+ IPOs
- 150+ Acquisitions
Top Investors in Kenya
Europa is the top investor in companies of Kenya based on number of companies invested.
Here are some top investors in Kenya:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Washington, DC (United States) | ||
Washington, DC (United States) | ||
Nairobi (Kenya) | ||
Washington, DC (United States) |
Acquisitions in Kenya
In the year 2026, till January 2026, 1 acquisition happened in Kenya. Last year, in 2025, a total of 13 acquisitions happened in Kenya.
Here are some recent, important acquisitions in Kenya:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Jan 22, 2026 | ||
Business Acquisition | Dec 17, 2025 | ||
Business Acquisition | Dec 04, 2025 | ||
Business Acquisition | Dec 03, 2025 | ||
Business Acquisition | Dec 03, 2025 | - |
IPOs in Kenya
In the year 2026, till March 2026, 1 IPO happened in Kenya. In its previous year, in 2025, a total of 2 IPOs happened in Kenya.
Here are some recent, important IPOs in Kenya:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Mar 10, 2026 | Nairobi Securities Exchange (NSE) | |
Nov 10, 2025 | Hong Kong Exchanges (HKG) | |
May 21, 2025 | Johannesburg Stock Exchange (JSE) | |
Sep 27, 2023 | Bombay Stock Exchange (BSE) | |
Jan 06, 2021 | London Stock Exchange (LSE) |
Top News about startups in Kenya
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Kenya's Mawingu Secures $20M to Expand Rural Internet in AfricaTech Labari•Oct 01, 2025•Mawingu, Pembani Remgro Infrastructure Managers
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Kenyan logistics startup Leta expands into Ghana after $5m fundingDisruptafrica•Jul 15, 2025•Leta, Speedinvest, Equator, Google
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Ajua welcomes back Claire Munene as Chief Experience OfficerAfrica Business Communities•Apr 10, 2025•Ajua, Telkom
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Powerhive and Telcoin Partner to Build the World’s First Blockchain-Powered Mobility Financing PlatformGlobal Fintech Series•Mar 06, 2025•Powerhive, Telcoin,
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M-KOPA unveils X-Series phones with life insurance benefitsBusiness and Financial Times•Feb 10, 2025•M Kopa
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Kenya’s BuuPass, Flexpay partner to offer flexible payment plans for holiday travelDisruptafrica•Dec 19, 2024•Buupass, Flexpay
