Funded Startups in Uganda
Across the 19 most recent Uganda entries, the largest disclosed round is East African Development Bank’s $25M on 2026-06-25, which stands far above the res…
Across the 19 most recent Uganda entries, the largest disclosed round is East African Development Bank’s $25M on 2026-06-25, which stands far above the rest of the disclosed amounts (the next-largest disclosed figures are $30M for Uganda Development Bank on 2025-10-02 and several others at $10M, $2M, and $1M). Most round dates cluster tightly in the recent window: 6 of the 19 entries are dated 2025 (from 2025-01-24 to 2025-11-06), and 3 more appear in early 2026 (2026-03-12 and 2026-06-25). Geographically, the list is overwhelmingly Kampala-based, with all but two entries tied to Kampala (Masaka for Kyamaganda and Mulago for GOGO Electric’s address). The stage/series labeling also skews toward non-specified rounds: 9 of 19 rows include “Series Unknown,” and another 2 are marked “undisclosed,” leaving comparatively few rows with clear stage names. Sector-wise, Financial Services shows up repeatedly (including East African Development Bank, Uganda Development Bank, Furaha, Denebola Technologies, Premier Credit, REXIAL, Level Africa, XENO, Tugende, and others), creating a dense mix concentrated in finance and apps-adjacent offerings.
Most recent rounds
19 shownRelated listings
Frequently asked
What stands out in round sizes across these Uganda-funded companies?
The top disclosed amount is East African Development Bank at $25M (2026-06-25). It sits above most disclosed rounds, with other comparatively large disclosed figures including Uganda Development Bank at $30M (2025-10-02), Furaha at $10M (2025-01-24), and several $2M and $1M rounds such as Premier Credit ($2M on 2025-09-18) and Zigoti ($1M on 2026-03-12).
Do the most recent rounds cluster in a specific date window?
Yes. The 2025 entries account for 6 of 19 rows (from 2025-01-24 through 2025-11-06), while early 2026 adds 2 more (Zigoti on 2026-03-12 and East African Development Bank on 2026-06-25). The overall span for the shown rows runs from 2021-04-13 (Numida Technologies) up to 2026-06-25.
Is Kampala the dominant city for these funded rounds?
Kampala dominates. Every entry in the table is listed in Kampala except Kyamaganda Community Development Organisation (Masaka, 2025-10-10) and GOGO Electric (Mulago, 2025-11-06), making Kampala the clear geographic concentration across 17 of 19 rows.
How much of the list is opaque on stage/series labels (Series Unknown or undisclosed)?
Stage labeling is frequently missing or not specified: 9 of 19 rows are marked “Series Unknown,” and 2 of 19 are “undisclosed” amounts (Denebola Technologies on 2025-09-24 and Level Africa on 2024-02-19). That means most of the dataset cannot be cleanly compared by standard stage naming beyond the rows that do specify (e.g., Seed, Angel, Series B, Debt Financing).
Which sectors appear most often, and do they form a pattern?
Financial Services is the most represented sector, appearing across multiple companies and dates including Uganda Development Bank ($30M on 2025-10-02), Furaha ($10M on 2025-01-24), REXIAL ($420K on 2024-09-11), XENO ($2M on 2022-06-24), and Tugende (undisclosed on 2022-06-15). In contrast, other sectors show up only once per listing (e.g., Food and Beverage with Zigoti on 2026-03-12; Healthcare/AI with Denebola Technologies on 2025-09-24).
Are there outliers worth focusing on beyond the largest dollar amounts?
Yes. Denebola Technologies is a notable outlier because it combines Healthcare and AI with an undisclosed amount (2025-09-24), unlike most entries where the disclosed figure is available. Another structural outlier is the presence of multiple large finance rounds within Kampala in 2025, including Uganda Development Bank ($30M, 2025-10-02) and Premier Credit ($2M, 2025-09-18), which contrasts with smaller disclosed seed and angel amounts such as KaCyber Technologies ($20K on 2022-10-13).
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