Kenya’s tech sector has seen massive investments fail, with top startups losing hundreds of millions.

Leading the list, Twiga Foods collapsed in 2026 after raising $185.4 million, followed by Copia ($123m) and Gro Intelligence ($117.7m) in 2024.

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Koko Networks ($100m) also shut down in 2026.

Other major venture failures include Mobius Motors ($56m), MarketForce ($42.5m), WeFarm ($32m), Sendy ($24.7m), iProcure ($17.2m), and Lipa Later ($16.6m)