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Startup List
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Updated Feb 16, 2026

Top Funded Kenya Startups of 2023

Ranked by total funding announced in 2023 (USD).

S
Curated by StartupList Africa
Total Funding
$812M
Avg Valuation
$0
Companies
25
Investors
326

Market Map

25 companies in this list

RankCompanyHQ LocationStageLast RoundTotal FundingBackers
1
M-KOPA
M-KOPAM-KOPA has connected more than 500,000 homes in Kenya, Tanzania and Uganda to solar power, with over 500 new homes being added every day.
Nairobi, KenyaDebt FinancingMay 2024$275M28
2
Sun King
Sun KingSun King designs, distributes and finances Sun King solar home energy solutions to households and businesses who lack reliable access to the grid.
Nairobi, KenyaExpansionDecember 2025$130M32
3
TerraPay
TerraPayTerraPay simplifies global money movement – by providing a single connection to the most expansive cross-border payments network.
Nairobi, KenyaDebt FinancingJuly 2024$100M7
4
Thunes
ThunesThunes is a B2B company that powers payments for the world’s fastest-growing businesses.
Nairobi, KenyaLate Stage VentureJuly 2023$72M12
5
Victory  Farms
Victory FarmsVictory Farms is the fastest growing white protein platform in East Africa.
Nairobi, KenyaEarly Stage VentureApril 2023$35M10
6
d.light
d.lightd.light is an international Energy startup that serves people without access to reliable electricity.
Nairobi, KenyaFunding RoundJuly 2025$32M32
7
Kasha
KashaKasha empowers all women to confidentially and affordably purchase the products they need to live their best lives
Nairobi, KenyaEarly StageJuly 2025$21M17
8
Hewatele
HewateleHewatele is a registered social enterprise setup with a key mandate to ensure oxygen is available, affordably to all needy patients.
Nairobi, KenyaDebt FinancingAugust 2025$20M6
9
MYDAWA
MYDAWAMyDawa is Kenya’s Most Trusted Online Pharmacy, for Affordable and Genuine Medicine.
Nairobi, KenyaVentureApril 2025$20M8
10
Hakki Africa
Hakki AfricaHakki Africa is a Kenya-based FinTech startup that provides microfinance services for small and medium-sized enterprises.
Nairobi, KenyaDebt FinancingSeptember 2025$13M23
11
Zanifu
ZanifuZanifu was built with the idea of building local technical solutions to local problems
Westlands, KenyaCorporateSeptember 2025$11M11
12
BURN
BURNBURN is a Kenyan clean energy startup working to create the world’s most efficient biomass, liquid fuel, and electric cookstoves.
Riuru, KenyaVentureJuly 2025$10M16
13
Mawingu
MawinguMawingu uses high-performance low-cost wireless technology and solar power to build fast internet networks in rural areas.
Nanyuki, KenyaExpansionOctober 2025$9M9
14
One Acre Fund
One Acre FundOne Acre Fund supplies smallholder farmers with the financing and training they need to grow more food and earn more money.
Bungoma, KenyaGrantSeptember 2024$8M5
15
Mogo Auto
Mogo AutoMogo is a Kenyan vehicle financing company.
Nairobi, KenyaEarly Stage VentureFebruary 2026$7M2
16
Apollo Agriculture
Apollo AgricultureApollo Agriculture is a technology company based in Nairobi, Kenya that helps small-scale farmers maximize their profits.
Nairobi, KenyaDebt FinancingJanuary 2024$7M22
17
BasiGo
BasiGoBasiGo is a Kenyan early-stage e-mobility start-up creating the future of clean, electric public transit in Africa.
Nairobi, KenyaExpansionNovember 2025$7M27
18
Amini
AminiAmini is a Kenyan startup that uses artificial intelligence and satellite technology to bridge Africa's environmental data.
Nairobi, KenyaSeedNovember 2023$6M9
19
MyCredit
MyCreditMyCredit is a Kenyan consumer-focused fintech offering quick loans and insurance solutions to individuals.
Nairobi, KenyaEarly Stage VentureJanuary 2026$6M3
20
Lipa Later
Lipa LaterLipa Later is a digital lending marketplace providing "buy now pay later" services.
Nairobi, KenyaGrantOctober 2024$5M11
21
Peach Cars
Peach CarsPeach Cars is a Kenyan e-commerce solution revolutionizing car ownership in sub-Saharan Africa.
Nairobi, KenyaEarly Stage VentureJune 2025$5M8
22
Jumba
JumbaJumba is a construction tech platform that simplifies B2B purchase and financing of construction materials
Nairobi, KenyaSeedFebruary 2023$5M7
23
FarmWorks
FarmWorksFarmWorks is an Kenyan AgTech startup aiming to unlock Africa's agricultural potential by building clusters of mid-sized farms.
Nairobi, KenyaSeedJuly 2023$4M3
24
Kubik
KubikKubik is a Kenyan startup that turn hard-to-recycle plastic waste into low-cost, low-carbon building materials.
Nairobi, KenyaSeedApril 2024$3M13
25
Jacaranda Health
Jacaranda HealthJacaranda Health delivers sustainable solutions in partnership with government hospitals to improve quality of care for moms & newborns.
Nairobi, KenyaGrantOctober 2024$3M5

Showing 25 of 25 companies