# Mawingu Networks

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mawingu-networks

- Industry: Telecoms
- Headquarters: Kenya
- Website: www.mawingu.co
- Total disclosed funding: $9M
- Latest round: Series B (Feb 1, 2023)
- Investors on record: 3

## About

Established in 2013 and based in Kenya, Mawingu Networks Limited operates as a telecom company that provides broadband services. In October 2025, Mawingu Networks Limited raised USD 20 million in series C funding led by new investor Pembani Remgro Infrastructure Managers. The firm as of February 2023, is operational in 18 counties, with more than 7,000 active users, and is led by its CEO, Farouk Ramji. The company offers internet connectivity for commercial enterprises and homes outside of urban centers in East Africa using low-cost wireless technology and solar power. A range of the company's products includes Max Internet for homes, Biz Internet for business enterprises, and Spots for hotspot connection. The company generates its revenue by offering its internet service on a subscription basis under different plans such as the Max 10 plan at KES 2,500 plus installation fee, the Max 15 plan at KES 3,500 plus installation fee, etc. The company will use the October 2025 funding to support the deployment of its broadband.

## Funding rounds

- Series B, Feb 1, 2023, $9M — Netherlands Development Finance Company (FMO), InfraCo, E3 Capital Partners

## Investors

- Netherlands Development Finance Company (FMO) — Series B
- InfraCo — Series B
- E3 Capital Partners (https://capitalatlas.ai/funds/e3-capital-partners) — Series B