Innovex Uganda Ltd.

Overview

Innovex Uganda Ltd. is a Ugandan company founded in 2015 by Douglas K. Baguma and David Tusubira. The company specializes in developing technologies that drive Africa's socio-economic transformation, focusing on embedded systems, connected devices, web and software development, and wireless communication technologies. Innovex's flagship product, REMOT, is an IoT cloud-based platform that enables organizations and businesses to operate and maintain solar and equipment installations effectively. The company also offers electronics manufacturing services through its local SMT and plastic manufacturing facility, providing contract manufacturing services for local and global clientele. Innovex collaborates with organizations and businesses to fulfill their product development needs, including both hardware and software products. The company has received support from I&P Accélération Technologies and Inua Capital, enabling it to scale its business model, expand its reach across Africa, and diversify its product offering. Innovex has been recognized for its innovative approach to sustainable energy solutions and has been featured in various media outlets for its contributions to the renewable energy sector in Africa.

Investment Focus

• Innovex seeks investments that align with its mission to drive socio-economic transformation in Africa through technology development. The company is interested in partnerships that can provide capital, strategic guidance, and market access to scale its operations and expand its product offerings across the continent.

Portfolio Companies