DOB Equity is a Dutch, family-backed impact investment firm that provides long-term equity capital to innovative and scalable companies across East Africa. It is an evergreen fund that reinvests all proceeds from investments, focusing on sustainable food systems, renewable energy, and water & sanitation.
Average disclosed round size is $12.8M (across 8 rounds with reported amounts).
Portfolio
9
Fund Size
—
Top Stage
Seed
Last 12 Mo
0
Team
Coen Boevé
CFO
Frank Tobe
Board Member
VICTORIA MUSEMBI
Office & Marketing Manager
AM
Arnold Mwangi
Associate
AM
Arnold M.
Investment team
FQ
Francis Quint
Investor
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
9 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| MMazaoHub | Pre-Seed | $2M | Jan 2025 |
 Ilara Health | Seed | $4.2M | Feb 2024 |
 Copia Global | Series C | $26M | Jan 2022 |
 Kwara | Seed | $4M | Dec 2021 |
| ZZembo | Seed | $3.4M | Nov 2021 |
| PPowerGen | Unknown | $2M | Jan 2019 |
 Sendy | Series A | — | Jan 2017 |
| TTwiga Wholesale | Unknown | $50M | — |
 Twiga | Series C | $10.4M | — |
Top Co-Investors
Mobility 54 Investment SAS1 shared
AlphaMundi Group Ltd1 shared
Enza Capital1 shared
AAIC Investment1 shared
Black Opal Ventures1 shared
Launch Africa Ventures1 shared
New General Market Partners1 shared
Verdant Frontiers Fintech Fund1 shared
Samurai Incubate1 shared
Norrsken Evolve1 shared
SoftBank Group Corp.1 shared
Breega1 shared
Globivest1 shared
Fika Ventures1 shared
SoftBank Vision Fund1 shared
Future Africa1 shared
LGT1 shared
Lightrock1 shared
Last updated: 7 October 2026