
Lux Capital
Investment Thesis
Lux Capital, a leading investor in African startups, stands out with its focus on growth-stage Series D and Series A rounds. By partnering with game-changing companies like Flutterwave, mPharma, and Umba, Lux Capital empowers businesses to scale and drive impact across the continent.
Portfolio Preview
A sample from 4 verified portfolio companies.

Terra Industries
Terrahaptix builds autonomous systems like drones to protect the world’s critical infrastructure such as mines and refineries.

Umba
Umba is an Africa-focused digital bank, offering free bank accounts and financial services to customers.

Flutterwave
The easiest way to make and accept payments from customers anywhere in the world.

mPharma
mPharma offers solutions to health insurance and pharmaceutical companies to make it easier for patients to afford their medications.
Lux Capital: quick facts
- Which startups has Lux Capital invested in?
- Lux Capital has backed at least 4 African startups, including Terra Industries, Umba, Flutterwave and mPharma.
- What stages does Lux Capital invest in?
- Lux Capital invests at the Seed, Series D and Series A stages.
- Which sectors does Lux Capital invest in?
- Its portfolio spans Robots, Manufacturing, Security, Drones, Aviation and Aerospace Component Manufacturing.



