Uncovered Fund is a Tokyo-based venture capital firm focused on early-stage startups in emerging markets, particularly Africa and the Middle East. It connects portfolio companies to Japanese corporates for partnerships, acquisitions, and follow-on funding.
Their most common stage is seed (44% of deals). Average disclosed round size is $8.0M (across 14 rounds with reported amounts).
Portfolio
12
Fund Size
$20M
Top Stage
Seed
Last 12 Mo
1
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
16 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Chari | Series A | — | Oct 2025 |
 Sylndr | Seed | $15.7M | May 2025 |
 Mecho | Series A | $2.4M | Sep 2023 |
 Termii Networks | Seed | $3.6M | Jun 2023 |
| Mecho | Series A | $2.4M | Jan 2023 |
 Badili | Pre-Seed | $2.1M | Dec 2022 |
 Imalipay | Seed | $3M | Apr 2022 |
 CredPal | Bridge | $15M | Mar 2022 |
 MarketForce | Series A | $40M | Feb 2022 |
 Amitruck | Seed | $4M | Feb 2022 |
 Brass | Seed | $1.7M | Oct 2021 |
 Moni | Growth | — | — |
 sky.garden | Series A | $4M | — |
| sky.garden | Seed | $1.2M | — |
| Termii Networks | Seed | $1.4M | — |
| Sylndr | Series A | $15.7M | — |
Top Co-Investors
Launch Africa Ventures4 shared
British International Investment4 shared
Form Ventures3 shared
MyAsiaVC3 shared
Y Combinator3 shared
Plug and Play Tech Center3 shared
RaliCap2 shared
FinTech Collective2 shared
P1 Ventures2 shared
Reflect Ventures2 shared
Remapped Ventures2 shared
Future Africa2 shared
Greenoaks Capital2 shared
Global Brain Corporation2 shared
Algebra Ventures2 shared
noa1 shared
Fortino Capital1 shared
Assembly Ventures1 shared
Nasdaq Ventures1 shared
Avid Ventures1 shared
Last updated: 20 October 2026