The latest deals expand the firm’s footprint across artificial intelligence, embedded finance, B2B commerce, supply chains, and the future of work, with investments spanning Francophone, North, West, and Southern Africa.

Founded in 2020, Launch Africa Ventures has built one of the continent’s largest early-stage technology portfolios, backing more than 180 companies across 25 African countries through its two funds.

The firm invests from pre-seed through pre-Series A, targeting startups developing technology solutions in sectors including fintech, healthtech, agritech, logistics, edtech, and enterprise software.

Beyond capital, it provides portfolio companies with follow-on funding opportunities, access to global commercial partnerships, and a network of more than 400 limited partners across 45 countries.

The newest investments include Agridex, Udu Technologies, Fincart, Tayar, Khaime, Anavid, Mainstack, Growwr, Yamify, Legendary Foods, and Masunga, alongside follow-on investments in existing portfolio companies.

The firm said its latest cohort reflects growing demand for digital infrastructure and business technologies that support enterprise growth and improve operational efficiency across African markets.

The announcement comes just weeks after Launch Africa made its first cash distribution to investors from Launch Africa Seed Fund I, returning approximately USD 2.5 million following 11 portfolio exits.

The milestone made the 2020-vintage fund distribution-to-paid-in-capital (DPI) positive, providing a rare example of realized liquidity in Africa’s venture capital market, where exits have remained limited since the global slowdown in technology investment began in 2022.

Launch Africa said its investment strategy remains highly selective. The firm reviews more than 1,200 startups each year, conducts individual interviews with co-founders to assess leadership dynamics, and evaluates every prospective investment against the needs of its existing portfolio to strengthen collaboration across its network of more than 180 companies.

“The most important number in African tech this year isn’t the total raised, it’s how few first cheques are being written,” said Uwem Uwemakpan, Head of Investments at Launch Africa Ventures.

“When the market retreats from early-stage, the companies still being formed face less competition, raise at more rational prices, and are being built on infrastructure that simply didn’t exist in the last cycle. We invest where the rest of the market isn’t looking yet, not where it already is. If nobody underwrites company formation in 2026, there is no Series A class in 2029. We intend to back that pipeline.”