About Chui Ventures
Chui Ventures is a venture capital firm founded in 2021. It is primarily based out of Nairobi, Kenya. As of Jun 2025, Chui Ventures has invested in 13 companies. It primarily invests in Seed round in Kenya based startups. Its investments are spread across a wide range of sectors from Retail to Consumer and Enterprise Applications. Most recently it participated in the $***** Seed round of PaidHR Overall, Chui Ventures portfolio has seen 1 acquisition, namely Enda. A lot of funds co-invest with Chui Ventures, with names like SOSV sharing a substantial percentage of its portfolio. Chui Ventures has team of 5 people including 1 partners.Chui Ventures' List of Top Investments
Chui Ventures has a portfolio of 13 companies. Their most notable investments are in Shop Zetu and Tappi.Their portfolio spans across Kenya, Nigeria, Canada and 2 more locations. They have invested in Retail, Consumer, Enterprise Applications and 6 other sectors, across stages such as Seed stage. Here is the list of top investments by Chui Ventures:
1. Pricepally
Pricepally is an online platform offering groceries in bulk. Its product catalog includes meat, fruits % vegetables, condiments, oil & spices, etc. The company claims to deliver the products within 2 days and users can share their products with other shoppers. The company offers mobile applications for Android and iOS platforms.
Key facts about Pricepally
- Founded Year: 2019
- Location: Lagos (Nigeria)
- Stage: Seed
- Total Funding till date: $1.3M
- Employee Count: 71 as on Sep 30, 2026
- Investors: SOSV, Orbit Ventures and 6 Others
- Latest Funding Round: Seed, Nov 17, 2023, $*****
- Highlight: Editors' Pick
2. Fingo Africa
Provider of a digital bank for individuals. It provides users with a platform that offers digital banking services for young individuals. Its services include current accounts, money transfers, bill payments, and more. It features savings goals, link-based payments, and real-time notifications on transactions.
Key facts about Fingo Africa
- Founded Year: 2020
- Location: Nairobi (Kenya)
- Stage: Seed
- Total Funding till date: $4.25M
- Employee Count: 30 as on Sep 30, 2026
- Investors: Goodwater Capital, Hustle Fund and 12 Others
- Latest Funding Round: Seed, May 05, 2023, $*****
- Highlight: Editors' Pick
3. Uncover
Provider of skincare products. The platform offers moisturizers, cleansers, spot treatments, pimple patches, sunscreen, serums, cleansers, and more. The platform allows users to take quiz and customize the products.
Key facts about Uncover
- Founded Year: 2020
- Location: Nairobi (Kenya)
- Stage: Seed
- Total Funding till date: $2.4M
- Employee Count: 50 as on Sep 30, 2026
- Investors: EQ2 Ventures, igniteXL Ventures and 9 Others
- Latest Funding Round: Seed, Jul 15, 2024, $*****
- Highlight: Editors' Pick
4. Leta
Provider of AI & web-based transportation management solutions. The company offers solutions for managing last-mile delivery and freight transportation operations. It includes load optimization, route optimization, delivery management, and customer engagement.
Key facts about Leta
- Founded Year: 2021
- Location: Nairobi (Kenya)
- Stage: Seed
- Total Funding till date: $8M
- Employee Count: 63 as on Sep 30, 2026
- Investors: Speedinvest, 4Di Capital and 10 Others
- Latest Funding Round: Seed, Feb 27, 2025, $*****
- Highlight: Editors' Pick
5. Tappi
Provider of tools for businesses to increase sales and build relationships. The company offers solutions for businesses to find new customers and convert one-time buyers into loyal ones. It provides tools to build customer profiles and send bulk SMS offers. The company also facilitates online reputation management through customer reviews.
Key facts about Tappi
- Founded Year: 2022
- Location: Nairobi (Kenya)
- Stage: Seed
- Total Funding till date: $1.68M
- Employee Count: 26 as on Sep 30, 2026
- Investors: MaC Venture Capital, Digital Currency Group and 11 Others
- Latest Funding Round: Seed, Feb 05, 2024, $*****
- Highlight: Editors' Pick
Chui Ventures' Year-on-Year Investment Trends
Chui Ventures has invested in 13 companies over the last 4 years, with an average of 2 new investments annually in the last 3 years. In 2025, it made 1 investment. Its most recent first time investment was in PaidHR.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 0 | 1 |
2024 | 2 | 0 | 2 |
2023 | 4 | 0 | 4 |
2022 | 1 | 0 | 1 |
Chui Ventures' Investments by Stage
Chui Ventures has made 8 investments in Seed stage with an average round size of $2.52M.Chui Ventures' Investments by Sector
Chui Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Vertical SaaS, Retail and Consumer Goods. Notably, it has invested in 10 Tech companies, 7 Consumer (B2C) companies, 4 Enterprise (B2B) companies and at least 4 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 4 |
Consumer | 3 |
Vertical SaaS | 3 |
Retail | 2 |
Consumer Goods | 1 |
Others | 4 |
Note: We have considered here, only first round of investments
Chui Ventures' Investments by Geography
Chui Ventures has made most investments in Kenya (5), followed by Nigeria where it has made 2 investments.Country | No. of Investments |
|---|---|
Kenya | 5 |
Nigeria | 2 |
Ivory Coast | 1 |
Note: We have considered here, only first round of investments
Chui Ventures' recent investments
Chui Ventures has not made any investment in 2026 so far.Here are the most recent investments by Chui Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 13, 2025 | Nigeria | Seed | 2537 | [+2] | |
Nov 18, 2024 | Ivory Coast | Seed | 1022 | [+5] | |
Jul 15, 2024 | Kenya | Seed | 9768 | [+3] | |
Dec 06, 2023 | Kenya | Seed | 4401 | [+6] | |
Nov 17, 2023 | Nigeria | Seed | 6109 | [+2] |
Acquired companies in Chui Ventures' Portfolio
1 company from Chui Ventures' portfolio has been acquired. The most recent acquisition was Enda in Feb 2024 by Nvhstudios for $*****.Here are Chui Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 02, 2024 | - | - | 4252 |
Team profile of Chui Ventures
Chui Ventures has a team of 5 members located in China. Chui Ventures' team does not sit on the board of any company as of now.Co-investors of Chui Ventures
Over the past 4 years, 58 investors have co-invested in Chui Ventures's portfolio companies. This includes funds and angels.
- Invested before Chui Ventures: Orbit Ventures, Launch Africa and 18 others have invested in rounds before Chui Ventures. There are 2 companies where Orbit Ventures has invested before Chui Ventures and 1 company where Launch Africa has invested before Chui Ventures.
- Top Co-investors of Chui Ventures: 34 investors entered a company along with Chui Ventures. These include investors like SOSV (2 companies).
- Invested after Chui Ventures: A total of 4 investors have invested in Chui Ventures's portfolio after their investments. Top Investors include Speedinvest (1 company), Equator (1 company) and Google (1 company).
Recent News related to Chui Ventures
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Chui Ventures raises $17.3 Million to Invest in African Tech StartupsTechMoran•Nov 28, 2025•Chui Ventures
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PaidHR, a Nigerian HR-tech startup Secures $1.8 Million Seed fundingTechgist Africa•Jul 08, 2025•PaidHR, Accion, Zedcrest Group, Chui Ventures and 1 other
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Nigerian HR Tech Startup PaidHR Raises $1.8M in Seed Funding for African Payroll SolutionsBEAMSTART•Jun 27, 2025•PaidHR, Accion, Zrosk Investment Management, Chui Ventures and 1 other
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Nigeria’s PaidHR Raises $1.8M to Expand Across AfricaTechMoran•Jun 19, 2025•PaidHR, Accion, Zrosk Investment Management, Chui Ventures and 1 other
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Socium doubles down on Francophone Africa after $5M seed roundTechCrunch+•Nov 19, 2024•socium, Breega, Partech Partners, Orange Ventures and 8 others
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Uncover secures us$1.4 million in oversubscribed funding round to accelerate expansion across africaGlobal CosmeticNews•Sep 23, 2024•Uncover, EQ2 Ventures, igniteXL Ventures, Chui Ventures and 2 others
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Uncover, a Kenyan tech-enabled emerging beauty brand, has successfully raised $1.4 million in a funding roundTechgist Africa•Jul 29, 2024•Uncover, Altree Capital, igniteXL Ventures, EQ2 Ventures and 2 others
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Skincare brand Uncover raises US$1.4M in its second seed funding roundAfrica CEO Voices•Jul 16, 2024•Uncover, EQ2 Ventures, igniteXL Ventures, Chui Ventures and 3 others
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Kenya’s e-commerce startup tappi secures $1.5 million from Acasia Ventures to expand its teamTechMoran•Feb 29, 2024•Tappi, Acasia Ventures, Mercy Corps, Chui Ventures and 2 others
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$1.3 M Seed funding raised by Nigerian food e-commerce startup PricepallyIncubees•Dec 18, 2023•Pricepally, SAMURAI INCUBATE AFRICA, SOSV, Hi2 Global and 2 others
