Innovex

Sector:Technology and Energy
Entrepreneurs:Douglas Baguma and David Tusubira
In portfolio since:2023

 

Innovex was founded in 2015 – by young, homegrown entrepreneurs – as a B2B technology company that creates tech-enabled equipment and solutions to remotely monitor the use and performance of off-grid solar energy systems.

Partnership with Inua Capital

Innovex is supported by I&P Accélération Technologies, a €2.5 million program that aims to finance and support fifteen digital start-ups in Sub-Saharan Africa, supported by AFD through the Digital Africa initiative. In Uganda, Inua Capital is in charge of implementing this program.

This partnership will enable Innovex to: 

  • Scale its business model 
  • Expand its reach across Africa 
  • Diversify its product offering