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Four startups get 70pc of Kenya’s venture capital funding
The four companies have consistently attracted high volume venture capital funding, putting Kenya among the leading startup funding destinations on the continent.
Four startups got more two thirds of the Sh141 billion in venture capital funding that came to Kenya in 2025, pointing to a heavy concentration of financing within a few firms as several others struggled to raise any money.
Last year, Burn Manufacturing, electric motorcycle maker Spiro, and off-grid solar firms D.Light and Sun King together raised Sh98.5 billion ($646 million), 69.8 percent of the total funds raised by Kenya-based startups during the year, according to data from the Africa Venture Capital Association (AVCA).
