Katapult is a Norwegian investment company focused on highly scalable impact technology startups. Katapult accelerator programs are designed for impact-driven startups within the ﬁelds of Climate, Ocean and Food-tech. Katapult has run 9 accelerator programs to date. It currently has 138 companies in its portfolio across 35 countries. Outside of Norway, the company has offices in the UK, and for Africa in Mauritius and recently in Rwanda through Katapult Africa.
" Katapult is an investment company, focused on highly scalable impact tech startups. Our world-class accelerator programs strengthen our investment in these startups. Katapult’s investments and accelerators are currently organised around three key verticals: ocean, climate (land), and Africa. These are delivered by dedicated on the ground teams based in Oslo, Mauritius and Rwanda, and a specialist global scouting network. The high growth Impact startups selected through our due diligence process will receive an investment of $150,000 and will be taken through our Accelerator program with 2 week residency in Kigali, Rwanda," says Philip Gasaatura, Country Manager of Katapult Africa.
« Africa is the fastest growing frontier market in this field, with diversified and multiplicative impact potential »
Philip currently serves as a Country Director for Katapult Africa a Venture Capital firm, investing in and scaling tech companies across Africa through their Accelerator Program. Prior to joining Katapult, Philip was Strategy Consultant for the Government of Rwanda developing Rwanda’s strategy to become a Technology and Innovation Pan-African Hub under the flagship project of Kigali Innovation City, Philip was instrumental in the design and structuring of Rwanda’s first Government backed Venture Capital Fund designed to invest in stage growth companies in Rwanda and across East Africa.
"High-growth startups selected through our due diligence process will receive an investment of $150,000 and participate in our accelerator program with a two-week residency in Kigali, Rwanda," he says, before noting that "Africa is the fastest-growing and frontier market for this, with diverse and multiplicative impact potential and we believe Early-stage agri, food, and climate tech are attractive asset classes. We have a leading model that looks at sourcing and carrying out due diligence on the best impact startups in the Agri / Food and Climate Tech sector."
« Helping high-growth African startups expand and raise additional funding »
Figures speak for themselves: 108 fund portfolio startups (18 in Africa), 35 countries, 9 funds and $73M AUM( assets under management). " Our accelerator model and support has helped our portfolio companies raise $443M total after having gone through our program and we aim to do the same though the Katapult Africa program to help African high growth Impact startups grow and scale and raise additional funding."
Katapult has partnered with the Tony Blair Institute (TBI) for Global Change, Norrsken and Smart Africa to launch its Katapult Africa Accelerator program, which aims to accelerate and invest in agri-tech and climate startups.