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Venture Capital
13 posts
54 Collective CEO says fund will not increase deal size
The firm has a $40 million fund and a $107 million for follow-on investment. It invests up to $250,000 in startups and provides non-dilutive capital up to $150,000, with a 5% annual interest.
Solar startup d.light closes fifth securitised round at $176 million
The company will use the new funding to expand its in-house PayGo program, Atlas, which manages credit payments for solar equipment.
Breega, a European VC firm, launches $75 Million African fund
Breega, a European venture capital firm, has launched its first Africa-focused fund, “Breega Africa Seed I”. This fund…
Admaius Capital invests in Rwanda’s tower company TRES
Admaius Capital Partners makes its initial investment in TRES Infrastructure Limited,
the only local licensed telecom tower infrastructure company in Rwanda.
Africa attracted a combined $4.5 billion in venture capital and venture debt investment in 2023
The Financials sector maintained its position as the best-funded vertical with 23% of deal volume and 48% of deal value.
Founders Factory Africa on picking the best funding for startups in 2024
The podcast comes when African startup funding has significantly fallen from the highs of 2021 and 2022. According to Disrupt Africa’s African Tech Startups Funding Report, investment in African startups fell by around 27% in 2023, while the number of investors dropped by half.
BlackRock acquires stake in Turkana wind farm in Kenya
The News: The Danish Climate Investment Fund (DCIF), the previous owner, announced this strategic move aligning with their…
Catalyst fund fuels growth of African climate tech startups with $1.8M investment
Catalyst Fund, a leading pre-seed VC and accelerator, has recently injected $1.8 million into nine early-stage climate tech…
Roam secures $24m to drive its electric mobility revolution in Africa
The Series A round, spearheaded by Equator Africa, attracted investments from At One Ventures, TES Ventures, Renew Capital, The World We Want, One Small Planet, and various other private and institutional backers.
Wingman Ventures rebrands as Founderful, gains momentum for $120m Fund II
The firm was founded in 2019 by Swiss unicorn GetYourGuide co-founder Pascal Mathis, former Switzerland Lead at Creathor Ventures Alex Stöckl, and EAT.ch co-founder Lukas Weder.