Top Funded Kenya Startups of 2020
Ranked by total funding announced in 2020 (USD).
Market Map
25 companies in this list
Lendable is the leading provider of debt to fintechs in emerging and frontier markets.
- HQ Location
- Nairobi, Kenya
- Stage
- Debt Financing
- Latest tracked round
- August 2025
- 2020 Funding
- $140.2M
- Backers
- 7
Sun King designs, distributes and finances Sun King solar home energy solutions to households and businesses who lack reliable access to the grid.
- HQ Location
- Nairobi, Kenya
- Stage
- Expansion
- Latest tracked round
- December 2025
- 2020 Funding
- $90M
- Backers
- 31
Thunes is a B2B company that powers payments for the world’s fastest-growing businesses.
- HQ Location
- Nairobi, Kenya
- Stage
- Late Stage Venture
- Latest tracked round
- July 2023
- 2020 Funding
- $60M
- Backers
- 12
Twiga Foods is a business-to-business marketplace platform that sources produce directly from farmers and delivers it to urban retailers.
- HQ Location
- Nairobi, Kenya
- Stage
- Late Stage Venture
- Latest tracked round
- November 2021
- 2020 Funding
- $29.4M
- Backers
- 22
Komaza is making smallholder farmers the future of African forestry
- HQ Location
- Kilifi, Kenya
- Stage
- Debt Financing
- Latest tracked round
- January 2022
- 2020 Funding
- $28M
- Backers
- 4
Sendy is an online platform for package and cargo delivery
- HQ Location
- Kilimani, Kenya
- Stage
- Venture
- Latest tracked round
- November 2022
- 2020 Funding
- $20M
- Backers
- 13
Wasoko (formerly Sokowatch) is transforming communities across Africa by revolutionizing access to essential goods and services.
- HQ Location
- Nairobi, Kenya
- Stage
- Early Stage Venture
- Latest tracked round
- March 2022
- 2020 Funding
- $14M
- Backers
- 24
SunCulture is a Kenyan startup that empowers smallholder farmers with solar irrigation
- HQ Location
- Lavington, Kenya
- Stage
- Debt Financing
- Latest tracked round
- September 2025
- 2020 Funding
- $14M
- Backers
- 16
Angaza is a Kenya-based Alternative Energy startup that develops solar energy systems designed to increase clean energy access in off-grid markets
- HQ Location
- Kilimani, Kenya
- Stage
- Early Stage Venture
- Latest tracked round
- October 2020
- 2020 Funding
- $13.5M
- Backers
- 10
d.light is an international Energy startup that serves people without access to reliable electricity.
- HQ Location
- Nairobi, Kenya
- Stage
- Receivables Financing
- Latest tracked round
- July 2025
- 2020 Funding
- $10M
- Backers
- 32
Solarise Africa owns and leases captive rooftop and ground mounted solar projects for commercial and industrial clients in Africa.
- HQ Location
- Nairobi, Kenya
- Stage
- Venture
- Latest tracked round
- December 2022
- 2020 Funding
- $10M
- Backers
- 9
TerraPay simplifies global money movement – by providing a single connection to the most expansive cross-border payments network.
- HQ Location
- Nairobi, Kenya
- Stage
- Debt Financing
- Latest tracked round
- July 2024
- 2020 Funding
- $9.6M
- Backers
- 7
Apollo Agriculture is a technology company based in Nairobi, Kenya that helps small-scale farmers maximize their profits.
- HQ Location
- Nairobi, Kenya
- Stage
- Early Stage Venture
- Latest tracked round
- May 2026
- 2020 Funding
- $9.6M
- Backers
- 25
Mdundo is a music service providing Africa with easy and affordable access to music.
- HQ Location
- Nairobi, Kenya
- Stage
- Equity Crowdfunding
- Latest tracked round
- September 2020
- 2020 Funding
- $6.4M
- Backers
- 1
Copia Global provides a consumer catalog order and delivery system intended to serve consumers in the developing world.
- HQ Location
- Nairobi, Kenya
- Stage
- Late Stage Venture
- Latest tracked round
- January 2022
- 2020 Funding
- $5M
- Backers
- 15
Ilara Health provides Affordable technology-powered diagnostics for Africa
- HQ Location
- Nairobi, Kenya
- Stage
- Debt Financing
- Latest tracked round
- January 2025
- 2020 Funding
- $4.9M
- Backers
- 21
Fuzu is a personal career companion that provides exciting job opportunities, new skills and career guidance at every step of the way.
- HQ Location
- Nairobi, Kenya
- Stage
- Early Stage Venture
- Latest tracked round
- March 2020
- 2020 Funding
- $4M
- Backers
- 11
Sote is a Nairobi-based African supply-chain-start-up which offers licensed tech-enabled customs clearing and forwarding service.
- HQ Location
- Nairobi, Kenya
- Stage
- Seed
- Latest tracked round
- January 2022
- 2020 Funding
- $3.2M
- Backers
- 14
Kasha empowers all women to confidentially and affordably purchase the products they need to live their best lives
- HQ Location
- Nairobi, Kenya
- Stage
- Early Stage
- Latest tracked round
- July 2025
- 2020 Funding
- $3M
- Backers
- 17
One Acre Fund supplies smallholder farmers with the financing and training they need to grow more food and earn more money.
- HQ Location
- Bungoma, Kenya
- Stage
- Grant
- Latest tracked round
- September 2024
- 2020 Funding
- $3M
- Backers
- 5
Little Ride is a Kenya-based indigenous ride-hailing service.
- HQ Location
- Nairobi, Kenya
- Stage
- Venture
- Latest tracked round
- July 2020
- 2020 Funding
- $3M
- Backers
- 1
Providing accessible solar power to African communities through flexible payment solutions.
- HQ Location
- Nairobi, Kenya
- Stage
- Early Stage Venture
- Latest tracked round
- July 2022
- 2020 Funding
- $3M
- Backers
- 3
Kasha is innovative ecommerce in East Africa for women's health, personal care and beauty products built for urban and rural areas.
- HQ Location
- Nairobi, Kenya
- Stage
- Venture
- Latest tracked round
- September 2024
- 2020 Funding
- $3M
- Backers
- 6
Sanergy is aNairobi based waste management startup that aims to provide affordable and accessible waste management solutions.
- HQ Location
- Nairobi, Kenya
- Stage
- Venture
- Latest tracked round
- June 2022
- 2020 Funding
- $2.6M
- Backers
- 9
WorkPay is an end to end HR and payroll system offering time tracking, payroll management, and payouts to all banks in Kenya plus M-Pesa.
- HQ Location
- Thika, Kenya
- Stage
- Non-equity Assistance
- Latest tracked round
- November 2024
- 2020 Funding
- $2.1M
- Backers
- 19
Showing 25 of 25 companies