TPG Africa
345 California Street, Suite 3300, San Francisco, CA, 94104, United States
Overview
TPG Growth was founded in 2007 to specialize in growth equity and middle-market buyout opportunities. Taking a long-term and hands-on approach to partnership, we identify unique companies across the U.S., Europe, Africa, and Asia and help them achieve their full potential. We can assist at all stages of a company’s growth, from its inception to its international expansion, by drawing on our geography-specific experience and expert global operational resources from the TPG platforms. TPG Growth manages more than $7 billion in assets across a variety of sectors including media, technology, and industrials.
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 8
Sector focus
- Finance
- Financial Services
- Venture Capital
Investment portfolio
- Gro Intelligence
Led · Series B · Jan 2021
Founded in Nairobi in 2014 and now operating out of both Nairobi and New York, Gro Intelligence aggregates, normalizes, and models more than 40,000 disparate data sets, processing over 650 trillion data points. Its AI-powered platform helps governments, financial institutions, agricultural input providers, retailers, and food and beverage companies understand the complex inter-relationships among food supply, climate risk, trade flows, and macro-economic conditions. Customers use Gro’s decision-support tools to strengthen food security planning, manage climate exposure, and inform commodity trading and investment strategies. The company’s recent US$85 million Series B financing marks the largest VC round ever raised by an African tech startup, underscoring strong market demand for its offerings. Proceeds from the raise will accelerate global adoption of the Gro Platform, bolster its machine-learning capabilities, and expand localized insights on food, agriculture, and climate risk. Management positions Gro Intelligence at the intersection of AI and sustainability, aiming to become an indispensable data infrastructure layer for global food and climate stakeholders.