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Uncovered Fund Monex Africa

Monex Ventures and Uncovered Fund

corporate vc$20.4MCo-investsLeads rounds

Fund Size

$20.4M

Check Size

$0.1M$2.0M

Location

Japan

Links

Investment Thesis

Focusing on African startups building next-generation social infrastructure, particularly in sectors like finance, mobility, and sustainability where population growth presents massive market opportunities.

About Monex Ventures and Uncovered Fund

Uncovered Fund and Monex Ventures have launched the $20M Uncovered Monex Africa Investment Partnership (UMAIP) to back early-stage startups in Africa and the Middle East. The fund targets sectors including finance, sustainability, mobility, and distribution, with initial checks of $100K-$500K and follow-ons up to $2M. It also plans to provide debt financing to fintechs by leveraging Japan's low-interest rates.

Sectors

FintechLogistics TechClimate TechAgtechMicromobility

Stages

pre-seedseed

Geography Focus

Africa

Tracked Investments

Notable Investments

TermiiGozemAutochekChariPiggyvestLemfiYoco

Traits

Leads rounds

Co-invests

FAQ

What does Uncovered Fund Monex Africa invest in?

Uncovered Fund Monex Africa invests in Fintech, Logistics Tech, Climate Tech, Agtech and Micromobility at the pre-seed and seed stages.

Which geographies does Uncovered Fund Monex Africa focus on?

Uncovered Fund Monex Africa focuses on Africa, and is headquartered in Japan.

What is Uncovered Fund Monex Africa's typical check size?

Uncovered Fund Monex Africa typically writes checks of $0.1M to $2M.

Which startups has Uncovered Fund Monex Africa backed?

Uncovered Fund Monex Africa has 1 tracked investment on Fusion42, including Sekai.