Uncap 2022 Cohort

Giving every good founder a chance to access funding


What we do

Uncap provides innovative, automated, and unbiased funding to early-stage founders in sub-Saharan Africa. We invest ticket sizes of between 10,000 EUR and 50,000 EUR using a remote, data-driven, and mainly automated process.

How we do it

Uncap’s application process focuses on quantifiably assessing the founder’s ability to grow and scale a great business. Applications are made online through the Uncap portal where founders complete a series of questions and assessments. There is no need for pitch decks, business plans, lengthy meetings, or investment committees, and no collateral is required.

We invest through redeemable equity-revenue-based financing ‘RBF’ that is designed to meet the needs of early-stage businesses. This means that we purchase shares that can be redeemed by the company at a pre-agreed multiple using a percentage of their monthly revenues. 

Why we do it

Founded in 2019, our goal is to make early-stage funding accessible to every good founder in sub-Saharan Africa. One of the barriers to equal opportunity in growing a business is access to early-stage funding, which is unfairly distributed and highly biased in regard to gender, education, and location.


  • Early-stage founders in Nigeria, Kenya, Rwanda, and Uganda
  • At least 10,000 EUR of revenue traction over the last 12 months
  • Scalable business model Well-kept records of business operations
  • Registered limited company
  • Industry agnostic




September 30, 2022
Website Visit website
Targets Kenya, Nigeria, Rwanda, Uganda
Agribusiness, Business services, Clean technology and energy, Construction and manufacturing, Creative, media and entertainment, Education, Financial services, Healthcare, ICT, Leisure and travel, Retail, Transport and logistics