Venture capital firm

Catalyst Fund

Compiled from public sources

Catalyst Fund is a Nairobi-based venture capital firm and venture builder dedicated to supporting early-stage entrepreneurs who are building solutions for a climate-resilient future in Africa. Originally founded in 2015 as a global accelerator for inclusive fintech (managed by BFA Global and supported by the Bill & Melinda Gates Foundation), it transitioned in 2022 into a dedicated equity fund focused on climate adaptation. The firm adopts a high-touch "venture-building" model, providing startups with both catalytic capital and bespoke, hands-on support from a team of specialist operators in product, tech, data, and marketing. The firm is structured to address the critical funding and skills gaps in emerging markets, focusing on startups that improve the resilience of vulnerable communities. Based in Kenya, Catalyst Fund operates as a General Partner that blends concessional and commercial capital to de-risk pre-seed tech companies.

Investment focus

Sectors
Financial servicesEnergy and powerTechnologyManufacturing and industrials
Stages and strategies
Pre-seedSeed
Instruments
EquityMezzanine
Regions
Pan-African
African markets named in public materials
Kenya

Funds managed

Selected portfolio and direct investments

  • 22 Mobility Maroc SARL
  • Bekia Egypt For E-Commerce S.A.E
  • Biochar Industrial Group Inc.
  • Medikea Afya App Limited
  • The NoorNation for Renewable Energy LLC

Recent investments and transactions

All transactions

Sources

  1. Partner Researchers, accessed 14 November 2026