About Global Innovation Initiative Group
Global Innovation Initiative Group is a venture capital firm founded in 2020. It is primarily based out of Port Louis, Mauritius. As of Apr 2023, Global Innovation Initiative Group has invested in 7 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and HealthTech. Most recently it participated in the $***** Seed round of Biobuu A lot of funds co-invest with Global Innovation Initiative Group, with names like New GX Capital sharing a substantial percentage of its portfolio. Global Innovation Initiative Group has team of 3 people including 2 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed
Global Innovation Initiative Group's List of Top Investments
Global Innovation Initiative Group has a portfolio of 7 companies. Their most notable investments are in My Health Africa and ScarabTech.Their portfolio spans across United States, Canada, Kenya and 3 more locations. They have invested in Enterprise Applications, Consumer, HealthTech and 8 other sectors, across stages such as Seed stage. Here is the list of top investments by Global Innovation Initiative Group:
1. Treepz
App-based bus tickets booking platform. Travelers can check the availability of the tickets by providing the destination, date of traveling, number of passengers, and more. Bookings can be made through the app by providing an online payment. Their app is available for iOS and Android devices.
Key facts about Treepz
Provider of an online doctor appointment booking platform for multiple diseases. It allows users to find doctors and can schedule an appointment with them. Users can book services for treating diseases like sexually transmitted diseases, acne, asthma, senior care, child care, cancer, mental health, infectious diseases, and others. The platform also offers a medical second opinion platform for multiple health disorders.
Key facts about My Health Africa
- Founded Year: 2017
- Location: Nairobi (Kenya)
- Stage: Seed
- Total Funding till date: $1.3M
- Employee Count: 18 as on Jul 01, 2024
- Investors: Global Innovation Initiative Group, SAMURAI INCUBATE AFRICA and 1 Other
- Latest Funding Round: Seed, Dec 15, 2022, $*****
- Highlight: Editors' Pick
3. RADIFY
AI-based image diagnosis and analyzing software for healthcare professionals. The platform has solutions for radiologists and professionals to diagnose medical images for COVID-19 symptoms. The tool has the ability to detect abnormalities on chest X-rays to identify or predict a particular disease like pneumonia. The AI technology used in the software assists in the analysis and diagnosis of the image and highlights the abnormal patches on the images.
Key facts about RADIFY
- Founded Year: 2020
- Location: Johannesburg (South Africa)
- Stage: Seed
- Total Funding till date: $1.65M
- Investors: Global Innovation Initiative Group and New GX Capital
- Latest Funding Round: Seed, Feb 24, 2023, $*****
4. Kubik
Key facts about Kubik
- Founded Year: 2021
- Location: Washington, DC (United States)
- Stage: Seed
- Total Funding till date: $5.24M
- Employee Count: 5 as on Jul 01, 2024
- Investors: Plug and Play Tech Center, Unruly Capital and 12 Others
- Latest Funding Round: Seed, Apr 29, 2024, $*****
Developer of an AI assurance platform for medical imaging analysis. The platform delivers real-time validation, human-AI interaction tracking, and drift detection. It integrates into existing workflows, operating autonomously to validate and monitor AI tools. The platform provides evidence of performance, intended to increase trust in AI diagnostics.
Key facts about Envisionit Deep AI
- Founded Year: 2010
- Location: Cobham (United Kingdom)
- Stage: Seed
- Total Funding till date: $1.69M
- Employee Count: 8 as on Mar 31, 2026
- Investors: Global Innovation Initiative Group, MassChallenge and 2 Others
- Latest Funding Round: Seed, Feb 24, 2023, $*****
Global Innovation Initiative Group's Year-on-Year Investment Trends
Global Innovation Initiative Group has invested in 7 companies over the last 4 years, with an average of 0 new investment annually in the last 3 years. Its most recent first time investment was in Biobuu.Global Innovation Initiative Group's Investments by Stage
Global Innovation Initiative Group has made 7 investments in Seed stage with an average round size of $1.38M.Global Innovation Initiative Group's Investments by Sector
Global Innovation Initiative Group has a diverse portfolio, with companies operating in the HealthTech, Artificial Intelligence - Industry Applications, Enterprise Applications, Environment and Sustainability Tech. Notably, it has invested in 5 Tech companies, 3 Enterprise (B2B) companies, 2 AI-Native companies and at least 2 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
HealthTech | 3 |
Artificial Intelligence - Industry Applications | 2 |
Enterprise Applications | 2 |
Environment | 2 |
Sustainability Tech | 2 |
Others | 9 |
Note: We have considered here, only first round of investments
Global Innovation Initiative Group's Investments by Geography
Global Innovation Initiative Group has made most investments in United States (2), followed by Canada where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 2 |
Canada | 1 |
Kenya | 1 |
South Africa | 1 |
Tanzania | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Global Innovation Initiative Group's recent investments
Global Innovation Initiative Group has not made any investment in 2026 so far.Here are the most recent investments by Global Innovation Initiative Group:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 04, 2023 | Tanzania | Seed | 5047 | - | |
Feb 24, 2023 | United Kingdom | Seed | 7178 | ||
Feb 24, 2023 | South Africa | Seed | 9776 | ||
Feb 14, 2023 | Canada | Seed | 6151 | [+8] | |
Dec 20, 2022 | United States | Seed | 5955 |
Team profile of Global Innovation Initiative Group
Global Innovation Initiative Group has a team of 3 members including 2 Partners. Global Innovation Initiative Group's team does not sit on the board of any company as of now.Co-investors of Global Innovation Initiative Group
Over the past 4 years, 38 investors have co-invested in Global Innovation Initiative Group's portfolio companies. This includes funds and angels.
- Invested before Global Innovation Initiative Group: Founders Factory Africa, Uncovered Fund and 13 others have invested in rounds before Global Innovation Initiative Group. There are 2 companies where Founders Factory Africa has invested before Global Innovation Initiative Group and 1 company where Uncovered Fund has invested before Global Innovation Initiative Group.
- Top Co-investors of Global Innovation Initiative Group: 21 investors entered a company along with Global Innovation Initiative Group. These include investors like New GX Capital (2 companies).
- Invested after Global Innovation Initiative Group: King Philanthropies (1 company) and Endgame Capital (1 company) are the investors which have invested in Global Innovation Initiative Group's portfolio after their investments.
Recent News related to Global Innovation Initiative Group
•
Kubik, an Ethiopian cleantech startup, has secured $3.34 million in an oversubscribed seed roundTechgist Africa•Jul 04, 2023•Kubik, PLUG & PLAY, BESTSELLER Foundation, Global Innovation Initiative Group and 7 others
•
Ethiopia’s Kubik raises $3.34m seed round to scale sustainable building techDisrupt Africa•Jun 29, 2023•Kubik, Plug and Play Tech Center, BESTSELLER Foundation, Global Innovation Initiative Group and 7 others
•
Ethiopian Green Construction Startup Secures $3.34M Seed FundingTech In Africa•Jun 26, 2023•Kubik, Satgana, Plug and Play Tech Center, BESTSELLER Foundation and 7 others
•
Kubik gets $3.34 million to turn plastic waste into low-cost building materialsTechpoint.Africa•Jun 23, 2023•Kubik, Satgana, Mazi Mobility, Unruly Capital and 10 others
•
Plastic upcycling startup Kubik closes $3.34M seed to scale production in EthiopiaTechCrunch+•Jun 22, 2023•Kubik, Plug and Play Tech Center, BESTSELLER Foundation, Global Innovation Initiative Group and 7 others
•
Ethiopian upcycling startup Kubik raises $3.34M seed fundingInnovation-village•Jun 22, 2023•Kubik, PLUG & PLAY, Global Innovation Initiative Group, Satgana and 8 others
•
Envisionit Deep AI, a South African e-health startup, secures $1.65 million in fundingTechgist Africa•Mar 06, 2023•Envisionit Deep AI, New GX Capital, Global Innovation Initiative Group, Envisionit Deep AI and 1 other
•
South Africa’s Envisionit Deep AI gets $1.65M to expand access to medical imagingTechCrunch+•Feb 24, 2023•Envision IT, New GX Capital, RMB Ventures, Global Innovation Initiative Group and 2 others
•
Nigerian mobility startup Treepz launches in Kenya following strategic investmentDisrupt Africa•Feb 15, 2023•Treepz, Global Innovation Initiative Group, Mo Angels, Roselake Ventures and 4 others
•
