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Samurai Incubate is a Japanese early-stage venture capital firm and incubator. Via its Samurai Incubate Fund, the firm claims to have invested in more than 100 startups since its inception in 2010.
In 2018, the VC firm decided to create an arm for its investments in Africa: Samurai Incubate Africa. By launching its first fund, the firm began investing in startups on the continent that same year.
Ugandan payments platform startup, Swipe2pay; Kenyan postal service, MPost; Nigerian fintech startup, Wallets Africa; and Rwandan fintech startup, Exuus were among the first African startups to get funded via the new fund.
In January 2020, Samurai Incubate Africa announced the launch of its $18.2-million second fund to consolidate the company’s efforts in Africa. And just last week, the firm announced its first investment from the Samurai Incubate Africa Fund II in Nigerian home service startup, Eden Life.
Asides Eden Life, Samurai Incubate Africa has invested in 20 other African startups since setting foot on these shores two years ago.
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