FMO
Portfolio in 4 countries: 6 funded startups tracked by Uback, 5 of them in a ranking.
Portfolio on Uback
Sorted by Uback rank, then Radar by last round| Company | Uback | Sector | Round backed | Valuation (AI) |
|---|---|---|---|---|
| Fido | #1 Ghana | Fintech › digital lending | Series B · USD 20M · Sep 2024 | Hundreds of M$ |
| Farmerline | #6 Ghana | Agritech › farmer services and sourcing | Pre-Series A (incl. extension) · USD 7.9M · Sep 2022 | Tens of M$ |
| d.light | #10 Kenya | Energy › off-grid solar (PAYG) | Growth round · USD 15M · Oct 2021 | Tens of M$ |
| iiDENTIFii | #16 South Africa | Identity › biometric verification | Growth round · USD 15M · Sep 2022 | Tens of M$ |
| Nile | #20 South Africa | Agritech › B2B produce marketplace | Series A · USD 11M · Jun 2025 | Tens of M$ |
| Validus | Radar | Fintech › SME lending | Series C-1 (first tranche) · amount undisclosed · Dec 2022 | Not estimated |
Only startups that meet Uback’s eligibility rules are shown. Amounts are round sizes, not the fund’s share. Rounds as reported by public sources.
By sector
Deals tracked per year
Co-investors
BlueOrchard · Acumen Resilient Agriculture Fund · Oikocredit · NongHyup Financial Group · Norinchukin Bank · Aizawa Asset Management · Lotte F&L · Vertex Ventures · VinaCapital Ventures · Inspired Evolution · Shell New Energies · Arise · Rabobank Partnerships · Norfund · NorFinance · Cathay AfricInvest Innovation Fund · Platform Investment Partners
Investors that joined the same rounds, as reported by public sources.
Last updated: Oct 2026Report a missing dealReport an error
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