African Startups · Funding signal

Copia Kenya raised $123 million and left behind assets worth $1.6 million

Copia Kenya raised $123 million and left behind assets worth $1.6 million — the desk wire, 30 September 2026. Kenya’s High Court has ordered Copia Kenya into liquidation, and the investors who put $123 million into the company are unlikely to recover anything. As of March, Copia’s realisable assets stood at KSh206.6 million, about $1.6 million, while its liabilities “substantially exceed” that amount, according to court filings by its administrators seen by Business Daily, [...]

Updated 30 September 2026 · First published 30 September 2026

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