Diligence memo · auto-generated · as of July 2, 2026
Mawingu
Mawingu has raised $20M over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Mawingu is a private company, based in Africa. Kenyan internet service provider (ISP) Mawingu has secured US$20 million in Series C funding to expand its network coverage.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Mawingu has raised $20M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $20M on 2025-10-06.
Most recent recorded round closed around 2025-10-06.
Valuation (modeled)modeled
Provath models Mawingu at approximately $120M (range $77M–$154M). 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
Not enough dated financing history to read a financing rhythm.
Comparablesmixed
Capital scale ranks ahead of 100% of sector peers (8525 compared).
Modeled value ranks above 100% of those peers.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.