Kenya Startup Funding 2026: Best Free Tracker of Every Round

This is Business Radar’s free tracker of Kenya startup funding. Each round is listed only after we have read the announcement from the startup itself or from the investor that led it. We show the amount in US dollars as announced and in Kenya shillings, the investors, the type of round and a link to the original release.

Updated 10 November 2026. Five rounds tracked, four with a disclosed amount.

Kenya startup funding at a glance

The four rounds with a disclosed amount total USD 52.8 million, about KSh 6.86 billion at the Central Bank of Kenya mean rate of KSh 129.96 per dollar on 9 November 2026. One deal makes up most of that: ARC Ride’s USD 33.3 million round, which mixed equity and debt.

All Kenya startup funding rounds

Newest first. Click the source to read the original announcement.

Checked 10 Nov 2026. Each round is taken from the company's or lead investor's own announcement. KSh figures use the CBK mean rate of KSh 129.96 per US dollar (9 Nov 2026). Rounds with no disclosed amount are listed but not totalled.

ARC Ride: USD 33.3 million

Nairobi electric-mobility company ARC Ride raised a USD 23 million Series A led by Novastar Ventures and Norrsken22, with IFC, British International Investment and Proparco joining, plus USD 10 million of debt. Proparco’s release says its own share was USD 1.5 million. For context on electric vehicles here, see our guide to electric cars in Kenya and Spiro’s electric boda boda programme.

SunCulture: USD 10 million securitisation

SunCulture, founded in Kenya in 2012, closed a USD 10 million securitisation of solar irrigation receivables. According to Mirova’s announcement, its Gigaton Fund lent to a special purpose vehicle that buys receivables originated by SunCulture Kenya, and Kaleidofin monitors the portfolio. This is debt, not equity, so SunCulture did not sell shares. Related: Kenya off-grid solar sales.

Satlyt: USD 8 million seed

Satlyt, which has its Africa headquarters in Nairobi and its US headquarters in Sunnyvale, California, raised a USD 8 million seed round led by non sibi ventures. The company’s post says its software lets satellites run AI on board, and that it has signed a memorandum of understanding with the Kenya Space Agency. See also the Kenya Space Agency’s satellite data training.

Terraton: USD 1.5 million debt

Terraton is a US biochar company whose first facility is at EcoFix Kenya, a nut processor in Nanyuki. Its 20 October release says it secured USD 1.5 million in debt financing from HSBC Ventures to build several new facilities. We include it because the funded operations are in Kenya.

Flowt: pre-seed, amount not disclosed

Flowt, a Nairobi fintech built in the Delta40 venture studio, lends to climate-smart small businesses using verified financial data such as M-Pesa and bank statements. Delta40’s post describes a first close with Delta40 and Impacc, plus a grant from the Argidius Foundation, but does not state the amount, so we do not add Flowt to the total.

Kenya startup funding by sector

E-mobility leads the disclosed total because of the ARC Ride round. Agritech and solar, space and AI, and climate follow.

Equity and debt

Two of the five rounds are pure debt or securitisation, and the largest mixes equity and debt. Startup debt is repaid with interest; it does not dilute founders, but it needs steady revenue such as receivables from solar pumps or vehicle leases. That is why asset-heavy businesses in Kenya often raise both. Our Kenya green finance taxonomy explainer covers how lenders label climate assets.

For the wider picture earlier in the year, see Kenyan startups’ funding in the first nine months of 2026 and Kenafric Ventures’ KSh 1.3bn consumer brands fund. More technology coverage is on our Kenya tech hub.

How we track Kenya startup funding

We add a round only when the startup, the lead investor or a named co-investor has published it on its own website, blog or official release. We do not copy figures from news sites or databases, because amounts are often rounded, combined or reported before a deal closes. If a company does not state an amount, we list the round as not disclosed and leave it out of the total.

We include startups headquartered in Kenya and foreign startups whose funded operations or regional headquarters are in Kenya, and we say which is which. Amounts are converted to KSh at the CBK mean rate shown above, so the shilling figure will move with the exchange rate.

Founders and investors can send a release to info@businessradar.co.ke. We add it once we can see it on the company’s or investor’s own site. Listing in the tracker is free and is never sponsored.

Frequently asked questions

Which Kenyan startup raised the most in 2026 so far?

Of the rounds we have confirmed, ARC Ride’s USD 33.3 million (USD 23 million Series A plus USD 10 million debt), announced in September 2026, is the largest.

How much have Kenyan startups raised?

The four disclosed rounds in this tracker total USD 52.8 million, about KSh 6.86 billion. The tracker is not a full count of the market; it lists only rounds confirmed from primary sources.

Is debt funding counted?

Yes. We label each round as equity, debt or securitisation so you can separate them.

How do I get my startup’s round listed?

Publish the announcement on your own site or ask your lead investor to, then email the link to info@businessradar.co.ke. Listing is free.