Uganda

Startup Funding in Uganda

Why Entrepreneurs in Uganda Need More Than Just Startup Funding.

Blaq Ventures is committed to empowering entrepreneurs by providing startup funding in Uganda and supporting their businesses through a dedicated mentoring program. Our focus is on fostering innovation and growth of pre-seed startups in this dynamic market.

We believe that beyond the startup funding, entrepreneurs also need a partner along the startup growth path, especially in early stages. Blaq Ventures mentoring program accelerates the journey from pre-seed to seed rounds.

Venture Capital in Uganda

Why we invest in Uganda and not everywhere in Africa

Blaq Ventures is among the leading venture capital firms in Uganda.

Our focus on startup funding in Uganda is strong. This reflects our assessment of the market potential, startup activity, and growth opportunities.
We invest in African countries that are less represented in terms of Venture Capital investment. By getting startup funding from Blaq Ventures, entrepreneurs will have an investment partner for pre-seed and future rounds.

Uganda Venture Capital Landscape Analysis

Blaq Ventures recognizes the untapped potential for Venture Capital investment in Uganda.

Currently, Africa receives less than 1% of global venture capital funding, with the majority concentrated in just four countries. We are committed to changing this landscape by actively providing startup funding in Uganda and beyond. Our mission is to empower entrepreneurs across the continent and drive innovation where it’s needed most.


We’ve seen fintech, edtech, healthtech and agritech startups achieve remarkable growth through targeted mentorship and strategic funding, positioning them as leaders in their respective fields in those 4 countries.

We believe that we can help startups in Uganda achieve the same success.

Startup Funding Criteria

When evaluating startups looking for funding in Uganda, we look for: Scalable Business Models: Ventures with the potential to scale regionally. Strong Teams: Founders with proven expertise and a clear vision. Market Fit: Solutions that address pressing local or regional challenges. Innovation: Unique and tech-driven approaches to solving problems.

Mentoring Program for startups in Uganda

Our mentoring program offers tailored guidance in critical areas such as market strategy, product development, and future fundraising, ensuring that startups in Uganda are well-equipped to scale and succeed.

Join our network of visionary entrepreneurs in Uganda. Blaq Ventures is actively funding startups in your country.