Hive Colab

Private Investment Firm Central Region, Uganda ·Founded 2010

Overview

Hive Colab, established in 2010, is Uganda's premier innovation hub and startup incubator dedicated to nurturing technology entrepreneurship in East Africa. The organization offers a comprehensive suite of services, including business development support, mentorship, technical training, community meet-ups, co-working spaces, and startup incubation and acceleration programs. Hive Colab focuses on critical sectors such as fintech, healthtech, agritech, edtech, and technology for governance, aiming to build local tech capacity and scale ideas with positive social and economic returns. Under the leadership of co-founder and Executive Director Barbara Birungi Mutabazi, Hive Colab has developed strategic partnerships with organizations like Microsoft, Intel, Google, and the U.S. State Department, raising over $1 million to support its operations and startups. The hub has also signed contracts with entities such as the British Council, Demo Africa, Palladium, Uganda Communications Commission, U.S. Embassy in Kampala, Indigo Trust, Hivos, Geneva Global, Seacom, and Google. Hive Colab's initiatives, such as the Youth Startup Academy Uganda (YSAU), have been instrumental in empowering young entrepreneurs and promoting economic development in the region. The organization continues to play a pivotal role in shaping the future of technology entrepreneurship in East Africa, fostering innovation, and driving sustainable growth.

Investment Focus

  • Legally incorporated in Uganda
  • Founding team of at least 2 members
  • Minimum annual revenue of at least USD 10,000
  • Management accounts or audited books of accounts
  • Innovative technology solutions
  • Scalable business models
  • Positive social and economic impact
  • Strong management teams
  • Clear exit strategies

Portfolio Companies

SafeBodaNilechocolates Ug Co LtdWomen In Technology UgandaNsimbi ImpactKola StudiosYAPILIM-SCAN

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Frequently asked questions about Hive Colab

What sectors does Hive Colab invest in?

Hive Colab invests in Technology, Energy, Real Estate, Telecommunications, Media and Finance, and is based in Central Region, Uganda. Hive Colab is listed as a private investment firm in the ConnectSafely investor database.

What stage does Hive Colab invest at?

Hive Colab backs companies at Seed, Early Stage, Growth, Late Stage, Pre-IPO and Buyout, writing cheques of 500K - 20M.

Which regions does Hive Colab invest in?

Hive Colab invests across Ghana, Kenya, Somalia, South Africa, Sudan and Chad.

What companies has Hive Colab invested in?

Hive Colab's portfolio includes SafeBoda, Nilechocolates Ug Co Ltd, Women In Technology Uganda, Nsimbi Impact, Kola Studios, YAPILI and M-SCAN.

Last updated · Source: ConnectSafely investor database