UK‑Kenya Tech Hub & ViKtoria Ventures launch venture capital report

UK-Kenya Tech Hub and Viktoria Ventures Launch Landmark Venture Capital Report
NAIROBI, Kenya – A comprehensive new report charting the landscape of venture capital in Kenya has been launched through a strategic partnership between the UK-Kenya Tech Hub and local early-stage fund, Viktoria Ventures. The landmark study, unveiled at a Nairobi investors’ forum, provides an in-depth analysis of investment trends, key sectors, and the critical funding gaps that continue to challenge the growth of Kenyan startups, offering a vital roadmap for both local and international investors.
The report delves into the dynamics that have shaped Kenya’s position as a top investment destination in Africa. It highlights the dominance of fintech, cleantech, and agritech in securing the lion’s share of funding, while also identifying a persistent missing middle in the market. This gap refers to the difficulty startups face in securing follow-on funding between the initial seed stage—often provided by angel investors and incubators—and larger Series A rounds from international venture capital firms. The data provides a clear-eyed view of both the immense opportunities and the specific hurdles, such as the need for more local fund managers and clearer exit pathways.
The launch has been welcomed by the ecosystem as a crucial tool for demystifying the market. For too long, investment decisions have been based on fragmented information. This report provides the data-driven clarity needed to de-risk investments and direct capital to where it can have the most impact, stated a partner at a Nairobi-based venture studio. Startups have also expressed optimism, hoping the findings will encourage more investors to back innovation in underserved but high-potential sectors like healthtech and edtech.
The long-term outlook for venture capital in Kenya is poised for maturation, and this report is expected to be a key catalyst. By providing transparent data and actionable insights, it aims to attract a more diverse pool of capital, including from Kenyan institutional investors who have been traditionally cautious. The collaboration between a UK government-backed hub and a local VC firm also signals a growing trend of strategic international partnerships focused on building a sustainable, data-informed financial ecosystem that can propel the next generation of Kenyan innovators to global success.