BFA Global and FSD Africa said on Thursday they will provide $273,000 in follow-on funding and venture-building support to four early-stage climate startups in East Africa, aiming to help them scale operations and attract investment.
The funding targets alumni of the Triggering Exponential Climate Action (TECA) programme, which supports climate-focused businesses from concept to commercial readiness. The selected firms operate in sectors including clean energy, waste-to-energy, cold storage and food systems.
The recipients are Africa Renewables Katalyst, which links renewable energy developers to global certificate markets; Plas-tech Energies, which converts plastic waste into cooking gas; Samaking, a solar-powered cold chain and fish distribution platform; and Sunwave, which provides solar-powered ice production and storage for fishers.
The companies will receive both capital and technical assistance, including operational support, business model refinement and preparation for raising external investment.
“Early-stage climate ventures face a critical funding cliff just as they are ready to grow,” said Tyler Ferdinand, director of the TECA programme at BFA Global.
Early-stage climate investment has tightened in recent years. A report by Sightline Climate found deal volumes fell about 20% in 2025 to a five-year low, as investors concentrated funding in fewer, more mature companies.
FSD Africa said the initiative aligns with its strategy to expand financing for small and growing businesses tackling climate risks. The agency, backed by the UK government, aims to mobilise £10 billion between 2025 and 2030, including £2 billion for climate adaptation projects.