Diligence memo · auto-generated · as of July 3, 2026
Founders Factory Africa
Founders Factory Africa has raised $114M over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Founders Factory Africa operates in Manufacturing / Industrial, based in Africa. Founders Factory Africa has secured an additional US$113 million in funding from Mastercard Foundation and Johnson & Johnson to scale its model to better serve founders across the African tech ecosystem.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Founders Factory Africa has raised $114M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).
Largest single filing: $114M on 2023-08-15.
Most recent recorded round closed around 2023-08-15.
Valuation (modeled)modeled
Provath models Founders Factory Africa at approximately $1.0B (range $659M–$1.6B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Last raise 2.9 yr ago; this sector typically re-raises about every 13 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
Comparablesmixed
Capital scale ranks ahead of 99% of Manufacturing / Industrial peers (629 compared).
Modeled value ranks above 100% of those peers.
Closest niche peers: Koch Industries Inc.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.