NEWCaplight raises a $16M Series A, led by BlackRock and Fin Capital →
Skip to main content
Caplight Logo









Mawingu Networks

Mawingu Networks

Private
NairobiTelecommunications & Networkinghttps://mawingu.co/

Last Round

Series C

Oct 1, 2025

Total Funding Raised

$38.6M

Momentum

Top 50%

of companies Caplight tracks

Company Overview

Mawingu Networks is an internet service provider company that offers affordable and reliable wireless broadband to underserved communities in East Africa.

Sector

Telecommunications & Networking

Verticals

Internet Providers, Wireless Infrastructure, Renewable Energy

Business Model

B2C

Customer Profile

Hardware + Subscription, Services & Consulting, Government Contracts

AI Layer

Non-AI

Keywords

internet service providerISPfixed wireless internetrural internetaffordable internethome internetWISPcheap internetlast-mile connectivitysolar-powered networkTV white spacesinternet in Kenyapublic WiFibusiness internetdigital divide

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Unlock Pricing Charts

Sign up to view complete historical pricing and secondary transactions.

Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

View Momentum History

Track how buyer interest and sentiment changes over time.

Mawingu Networks Comparables

Compare Mawingu Networks with similar companies based on industry and business-model similarity.

Mawingu Networks comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Poa Internet Kenya Ltd
85%
Tizeti
78%
Ahadi Wireless Limited
76%

Mawingu Networks Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series COct 1, 2025
Early FundingNov 26, 2024
Series BFeb 1, 2023
Convertible DebtJul 28, 2020
DebtSep 22, 2016
Grant
Feb 5, 2013

Key People

Founding team and executive leadership

Farouk Ramji

Chief Executive Officer

Executive Team

Ashish Gaokar

Chief Financial Officer

Executive Team

Mawingu Networks Investors

Notable investors and investment history

Mawingu Networks investors
InvestorRounds
USAIDGrant
FMO Entrepreneurial Development BankSeries B, Early Funding, Convertible Debt
Pembani Remgro Infrastructure ManagersSeries C
InfraCo AfricaSeries C, Early Funding, Series B
E3 CapitalSeries C, Series B
Overseas Private Investment CorporationDebt
FMO Investment ManagementSeries C

Market signals

Structured signals derived from secondary market and firmographic data.

  • Dec 8, 2025

    Expanded broadband service into rural Laikipia County, Kenya.

  • Oct 1, 2025

    $20M round completed.

Mawingu Networks Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation

Mawingu Networks Filings

SEC and related filings with document metadata.

Firmographic Details

HeadquartersNairobi
Employee Range262
Year Founded2012
Last FundingOct 1, 2025

Institutional Data Access

Join leading institutional investors using Caplight to access private market data, discover pricing, and execute secondary block trades.

Requires verified institutional or accredited status.