# Wazi Vision

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/wazi-vision

- Industry: Healthcare Specialists
- Headquarters: Kampala, Uganda
- Website: www.wazivision.com
- Total disclosed funding: $0.8M
- Latest round: Seed (Oct 1, 2017)
- Investors on record: 1

## About

Wazi Vision is a Kampala-based company dedicated to the design and production of sustainable eyewear, emphasizing unique craftsmanship that reflects African cultural heritage.Founded in 2016 in Kampala, Uganda, Wazi Vision specializes in sustainable eyewear, particularly its Africa-Side collection. The company has completed two notable deals, with the most recent funding round being a Seed round on March 16, 2023, led by GreenTec Capital Partners, raising a total of USD 0.80 mn. Brenda Baganzi, the founder, has a history of commitment to innovative ventures in the region.Wazi specializes in the design and manufacturing of sustainable eyewear, primarily featuring its flagship Africa-Side collection, which was launched following an open call for artisans across Africa in 2021. The company’s core offerings include a diverse range of eyeglasses crafted from high-quality, sustainable materials, designed to accommodate various face shapes and styles. Wazi's production process incorporates cutting-edge technology, such as CNC machining, blended with skilled craftsmanship to deliver unique, high-quality eyewear that reflects the rich cultural heritage of the African continent. The company's customer base includes individual consumers looking for stylish and comfortable eyewear, as well as businesses seeking to enhance their eyewear collections through B2B solutions, such as co-branded collections and bespoke offerings. Wazi's products are primarily marketed to clients across various regions, including North America and Europe, aiming to resonate with consumers interested in ethically produced eyewear.Wazi generates revenue through a combination of direct-to-consumer sales and B2B partnerships. The company’s transactional structure includes offering unique eyewear collections to individual consumers, alongside tailored solutions for businesses looking to expand their product lines. Revenue is derived from both retail sales and wholesale agreements with partner brands that seek co-branded or white-label eyewear options. Wazi’s pricing strategy encompasses various styles and features, catering to different market segments while emphasizing quality and sustainability. The business model is structured to promote accessibility to their eyewear solutions, ensuring that both end-users and partner businesses can engage with Wazi's offerings effectively.Following a recent funding round on March 16, 2023, where Wazi Vision raised USD 0.80 mn from Renew Capital, the company plans to utilize these funds to expand its product line and enhance its distribution capacity in Kampala and beyond. Upcoming products are currently in the design phase, with a focus on meeting diverse consumer needs. Wazi Vision is also targeting expansion into new markets, aiming to penetrate additional regions in Africa and possibly beyond by the end of 2024.

## Funding rounds

- Seed, Oct 1, 2017, $0.8M — GreenTec Capital Partners

## Investors

- GreenTec Capital Partners (https://capitalatlas.ai/funds/greentec-capital-partners) — Seed