Funding Database
Untapped Global – Equity
Current as of: 2025-11-13
Description
Untapped Global actively invests in high-potential start-ups across Africa (excluding Southern Africa), from early-stage equity to growth-stage debt. Untapped has an equity fund for seed-stage companies in countries across Africa.
Instrument Type
Equity
Preferred funding round/stage for project finance
Pre-development equity
Preference of stake in investee
No preference
Average exit horizon
Between 5-10 years
Ticket sizes per transaction (EUR)
100,000 - 500,000
Currencies used
Euros
US Dollars
US Dollars
Eligible market segments
Independent Power Producers
E-Mobility
Stand-alone solar systems
Energy for productive use
E-Mobility
Stand-alone solar systems
Energy for productive use
Special requirements pertaining to gender, diversity and local content
No specific requirements expected from investees
Eligible regions under GET.invest mandate
Central Africa
East Africa
West Africa
East Africa
West Africa
Eligible countries under GET.invest mandate
Benin
Burkina Faso
Burundi
Cape Verde
Comoros
Congo (Brazzaville)
Congo (Democratic Republic)
Côte d'Ivoire
Djibouti
Equatorial Guinea
Eritrea
Ethiopia
Gabon
Ghana
Guinea
Guinea-Bissau
Kenya
Liberia
Madagascar
Mali
Mauritius
Niger
Nigeria
Rwanda
Sao Tome and Principe
Senegal
Sierra Leone
Somalia
South Sudan
Sudan
Tanzania
The Gambia
Togo
Uganda
Burkina Faso
Burundi
Cape Verde
Comoros
Congo (Brazzaville)
Congo (Democratic Republic)
Côte d'Ivoire
Djibouti
Equatorial Guinea
Eritrea
Ethiopia
Gabon
Ghana
Guinea
Guinea-Bissau
Kenya
Liberia
Madagascar
Mali
Mauritius
Niger
Nigeria
Rwanda
Sao Tome and Principe
Senegal
Sierra Leone
Somalia
South Sudan
Sudan
Tanzania
The Gambia
Togo
Uganda
Examples of past investments
Apply
Eligibility criteria
For more information on eligibility criteria, contact the fund manager at the details providedApplication process
For more information on the application process, contact the fund manager at the details providedContact
Go to fund websiteHeadquarters
San Francisco, CA, USAOther branches
Nairobi, KenyaCape Town, South Africa
Fund manager
Untapped Global
About
Untapped Global finances productive assets for entrepreneurs in emerging markets who make money as they use them. Untapped tracks an asset’s usage and how much revenue it generates in real-time using IoT technology and pays back investors healthy returns through its revenue-share model. Untapped’s Smart Asset Financing™ model works across asset types, geographies, and currencies.