FUNGUO Innovation Programme
Overview
FUNGUO Innovation Programme is a Tanzanian catalytic investment initiative implemented by the UNDP in partnership with UNCDF, funded by the European Union, the British Government (FCDO), and the Government of Finland, focused on providing grant funding and technical support to impact-driven startups and MSMEs.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Wakulima Agri-Food Company Ltd | Jan 2025 | Grant | Co-investor |
| Chabri Energy Limited | Nov 2024 | Grant | Co-investor |
| Gas Fasta | Feb 2023 | Grant | Co-investor |
| Ngwala Inventions Limited | - | Grant | Co-investor |
| LyfPlus | - | Grant | Co-investor |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is FUNGUO Innovation Programme based?
FUNGUO Innovation Programme is headquartered in Dar es Salaam, Tanzania.
When was FUNGUO Innovation Programme founded?
FUNGUO Innovation Programme was founded in 2022.
How many portfolio companies does FUNGUO Innovation Programme have?
FUNGUO Innovation Programme has 10 portfolio companies in Caplight's dataset.
What are some companies in FUNGUO Innovation Programme's portfolio?
Recent investments visible on Caplight include Wakulima Agri-Food Company Ltd, Chabri Energy Limited, Gas Fasta, Ngwala Inventions Limited, LyfPlus.
What was FUNGUO Innovation Programme's most recent investment?
FUNGUO Innovation Programme's most recent investment on Caplight was in Wakulima Agri-Food Company Ltd in 2025.
What sectors does FUNGUO Innovation Programme focus on?
FUNGUO Innovation Programme focuses on FinTech, Consumer & Commerce, FinTech, Healthcare & Life Sciences, Energy & Sustainability, Frontier & Industrial Tech, Consumer & Commerce, Energy & Sustainability, Energy & Sustainability, Energy & Sustainability, Frontier & Industrial Tech, Mobility, Transportation & Logistics, FinTech, Mobility, Transportation & Logistics, Enterprise Software, Energy & Sustainability, Frontier & Industrial Tech, Enterprise Software, Healthcare & Life Sciences.
What company stages does FUNGUO Innovation Programme focus on?
FUNGUO Innovation Programme typically invests at the MultiStage stage.
What is FUNGUO Innovation Programme's AUM?
FUNGUO Innovation Programme's assets under management are estimated between $2.7M and $2.7M.