Which startups has Millicom Systems invested in?

Millicom Systems has backed at least 1 African startup, including Jumia.

What stages does Millicom Systems invest in?

Millicom Systems invests at the Series A, Series B and Series C stages.

Which sectors does Millicom Systems invest in?

Its portfolio spans E-Commerce, Retail, Shopping and Consumer Goods.

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Millicom Systems

Private Equity

Africa

Website

Assets Under Management

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Ticket Size

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Portfolio Companies

Exits

Investment Thesis

Millicom, a telecom giant, plays a pivotal role in Africa's startup ecosystem. Through their investment arm, they specialize in Series A and B rounds, supporting companies like Jumia. Their unique focus on digital and financial inclusion empowers startups driving economic growth and connectivity across the continent.

Focus Sectors

E-CommerceRetailShoppingConsumer Goods

Investment Stages

Series ASeries BSeries C

Portfolio Preview

A sample from 1 verified portfolio companies.

Jumia

Jumia Group is an e-commerce ecosystem that provides innovative, convenient, and affordable online goods and services to consumers.

Millicom Systems: quick facts

Which startups has Millicom Systems invested in?: Millicom Systems has backed at least 1 African startup, including Jumia.
What stages does Millicom Systems invest in?: Millicom Systems invests at the Series A, Series B and Series C stages.
Which sectors does Millicom Systems invest in?: Its portfolio spans E-Commerce, Retail, Shopping and Consumer Goods.

Key People · Millicom Systems people

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