Uncap Launches €30 Million Fund to Drive Early-Stage SME Growth in Africa

Uncap has launched Unconventional Capital, a €30 million fund dedicated to providing non-dilutive, revenue-based financing to early-stage small and medium-sized enterprises (SMEs) across Africa. This new fund is a significant step forward in Uncap's mission to support high-potential businesses driving economic growth in critical sectors such as agriculture, trade, logistics, climate resilience, and financial inclusion.

Unconventional Capital will collaborate with key partners, including SAIS, an ag-tech initiative funded by the German Federal Ministry for Economic Cooperation & Development (BMZ) and implemented by GIZ (Deutsche Gesellschaft für Internationale Zusammenarbeit GmbH), as well as O-Farms, a circular agriculture program run by Bopinc and funded by the Ikea Foundation.