Skip to content
Single Family OfficePuts its own capital into companiesActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 6 SOURCES

Dutch family-backed impact investor (Veessen, with a Nairobi office) investing patient capital in East African food, renewable energy and water companies.

USEFUL FOR Co-investors

Family & background

HEADQUARTERS
Veessen, Netherlands
FOUNDED
1997

Investment approach

GEOGRAPHY
AfricaKenyaUGTZRW
ROUTES
Companies (own capital)
STRATEGIES
ImpactDirect investments

Overview

DOB Equity describes itself as a Dutch family-backed impact investor focused on East Africa, with offices in Veessen in the Netherlands and Nairobi, Kenya. It invests patient capital in scalable businesses in sustainable food systems, renewable energy and water and sanitation, and works with portfolio companies on governance and risk. It states that it follows the code of conduct for ANBI (public-benefit) institutions. Its newest announced investment is Irrisol Engineering, a Ugandan solar-powered water company, in September 2026.

Investment thesis

Patient capital and active partnership in innovative, scalable East African businesses that contribute to a more social, sustainable and resilient society while delivering long-term profitability.

Holdings & investments (14)

  • Irrisol Engineering
    since 2026
  • DOB Africa Logistics Properties
  • Cropnuts
  • Ilara Health
  • KenTaste
  • Mr. Green Africa
  • PowerGen
  • Tanga Fresh
  • Twiga
  • Waterbus
  • Kwanza Tukule
  • Kwara
  • Spouts International
  • Victory Farms

People

  • Ciku Mugambi
    Investment Director · source
  • Anne Ngugi
    Senior Investment Manager · source
  • Nathan Cheruiyot
    Investment Associate · source
  • Jonathan Mukoro
    Investment Associate · source
  • Karen Serem Waithaka
    CEO · source
  • Coen Boevé
    CFO · source
  • Bas Jongtien
    Legal Counsel · source
  • Theo van Stuijvenberg
    Board Member · source
  • Frank Tobé
    Board Member · source

Frequently asked questions

DOB Equity is a single family office based in Veessen, the Netherlands, founded in 1997.

DOB Equity invests its own capital into companies. Its stated asset mix includes impact and direct investments.

DOB Equity invests in Food & Agriculture and Climate & Energy.

Key people at DOB Equity include Karen Serem Waithaka (CEO), Ciku Mugambi (Investment Director), Coen Boevé (CFO) and Bas Jongtien (Legal Counsel).

DOB Equity's holdings and investments include DOB Africa Logistics Properties, Cropnuts, Ilara Health, KenTaste, Mr. Green Africa, PowerGen, Tanga Fresh and Twiga, among others.

The most recent publicly reported investment by DOB Equity is Irrisol Engineering, announced in Sep 2026.