$2.6M sweet spot round size
Most of their 12 investments are in rounds between $1M and $3.5M
2018
Commonplace raised $2.7M on June 14, 2023
Investors: Conduit Connect, Oxford Innovation, Concrete Ventures, Beringea and Foundation Ventures
Kenzz raised $3.5M on October 18, 2022
Investors: Outliers Venture Capital, HOF Capital and Foundation Ventures
TFK raised $2.6M on July 26, 2022
Investors: Lotus Capital Management, CVentures, A15, Cairo Angels, The Raba Partnership and Foundation Ventures
Rabbit raised $11M on November 10, 2021
Investors: MSA Novo, RAED Ventures, Goodwater Capital, Global Founders Capital and Foundation Ventures
Capiter raised $33M on September 13, 2021
Investors: Quona Capital, Savola Group, Shorooq Partners, MSA Capital and Foundation Ventures
Trella raised $42M on May 28, 2021
Investors: Next Billion Capital Partners, Vision Ventures, RAED Ventures, Moving Capital, Algebra Ventures, Maersk Growth, FJ Labs, VentureSouq, Flexport and Foundation Ventures
NowPay raised $1M on March 14, 2021
Investors: Kepple Africa Ventures, Global Ventures, Globivest, Y Combinator, Endure Capital, BECO Capital and Foundation Ventures
NowPay raised $1M on March 14, 2021
Investors: Endure Capital, Globivest, BECO Capital, Global Ventures, Y Combinator, Kepple Africa Ventures and Foundation Ventures
Sakneen raised $1.1M on February 7, 2021
Investors: Hem + Spire, Algebra Ventures and Foundation Ventures
Capiter raised undisclosed on October 14, 2020
Investors: Next Billion Capital Partners, Shorooq Partners and Foundation Ventures