Monday, September 29, 2025
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home Funding

Uncap has launched an innovative funding and growth platform for early-stage startups in Africa

Tech Gist Africa by Tech Gist Africa
08/13/2021
in Funding, Launch, Opportunities, The Big 5, Venture Capital
0 0
0
Uncap

Uncap

0
SHARES
Share on FacebookShare on Twitter

Uncap, a funding platform aims to transform Africa’s access to early-stage capital.

Their main goal is to ensure that every good startup in Sub-Saharan Africa has access to early-stage funding.

Typically, early-stage entrepreneurs are deemed too risky for bank financing, and their cash requirements are too huge for microfinance and too modest for venture capitalists.

As a result, Uncap devised a new method of funding that included a fully remote, data-driven, and highly simplified approach as well as a novel investment model.

Existing firms in need of funding between $10,000 and $50,000 will be able to get it from them.

Uncap invests in a revenue-sharing model based on equity.

This means that the model is tailored to the needs of early-stage companies, and it mandates that Uncap purchases a share in the entrepreneur’s company, which is subsequently repurchased by the entrepreneur at a pre-determined price over time as a percentage of their revenues.

Every entrepreneur receives a personalized dashboard after making an investment.

This dashboard provides useful data insights into critical financial and non-financial KPIs, as well as access to tools and training programs from local capacity-building partners to help the founders along their path.

“We have a lot of faith in the founders we invest in, and we want them to be in charge of their companies. That means we allow them to develop at their own pace and trust them to make sound judgments. We just own a small percentage of the company, don’t sit on the board, and don’t become engaged unless it’s absolutely necessary.” Uncap CEO Franziska Reh.

The application process will last two months and will include a series of questions and tests.

Uncap thinks that good entrepreneurs run strong firms and that the founder’s profile, particularly in early-stage businesses, has the greatest impact on the company’s performance.

Uncap chose to rethink how funding selections are made instead of using pitch decks or company plans, lengthy meetings, or investment committees.

Their application process focuses mostly on evaluating the founder’s entrepreneurial potential and business knowledge quantitatively.

Uncap has invested in 27 startups since its inception in 2019 to test and enhance its approach.

This round of cash will be used to see if Uncap can scale its investments to more than 100 startups in a single batch.

The company hopes to transform access to capital by reaching 50,000 entrepreneurs by 2030, resulting in a total investment of $1 billion and the creation of 1 million employment.

Visit the website for additional information or to apply.

 

Read more on Tech Gist Africa:

Olumide Soyombo, a Nigerian angel investor, has launched Voltron Capital, a pan-African venture capital firm

Mineworkers Investment Company, based in South Africa, has launched a US$10.5 million early-stage investment vehicle

Startup Wise Guys, an European startup accelerator, has launched in Africa, with the inaugural program taking place in Namibia

ShareTweet
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

Related Posts

Mohamed Alabbar
Innovator of the Week

From Vision to Marketplace: Mohamed Alabbar and the Rise of Noon.com

by Tech Gist Africa
09/29/2025
0

Few entrepreneurs have reshaped commerce in the Middle East like Mohamed Alabbar, the visionary founder behind Noon.com, one of the...

Read more
Food Security

How Technology is Advancing Global Food Security and Reducing Hunger

09/26/2025
Rulebase

Rulebase Secures $2.1M Pre-Seed Funding to Revolutionize Fintech Back-Office Automation

09/26/2025
SunCulture Kenya

SunCulture, a Kenyan climate-tech startup has secured a $5 million funding

09/26/2025
AGF Visa Foundation

AGF and Visa Foundation Unveil $2M Fund for Women Entrepreneurs in Africa

09/26/2025
Next Post
reddit

Reddit has raised $700 million in Series F funding, valuing the company at $10 billion

Mastercard Start Path

The Mastercard Start Path Global Network selects two African fintech startups

Plug and Play

Morocco Plug and Play Accelerator invites African startups to apply

No Result
View All Result

The Big 5

Mohamed Alabbar

From Vision to Marketplace: Mohamed Alabbar and the Rise of Noon.com

by Tech Gist Africa
09/29/2025
0

...

Food Security

How Technology is Advancing Global Food Security and Reducing Hunger

by Tech Gist Africa
09/26/2025
0

...

Nvidia Abu Dhabi Robotics Lab

Nvidia and Abu Dhabi Institute Launch Middle East’s First AI & Robotics Lab

by Tech Gist Africa
09/26/2025
0

...

MultiChoice

Canal+ has officially completed its $3.17 billion acquisition of South Africa’s MultiChoice Group

by Tech Gist Africa
09/26/2025
0

...

216 Capital & Plug and Play Accelerator

216 Capital & Plug and Play Launch Tunisian Accelerator to Bridge Local Startups to Global Stage

by Tech Gist Africa
09/26/2025
0

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.