Africa Tech Series’ Post

OpenseedVC, an early-stage VC firm that was launched in 2024, has reached the first close of its $10 million fund for early-stage startups across Africa and Europe.  https://lnkd.in/durQ3KFi This is OpenseedVC’s first fund and will be used to back founders with domain expertise. OpenseedVC prioritises founders who demonstrate a clear understanding of the market they are entering and have the skills to navigate the challenges and opportunities it presents. The London-headquartered VC firm will invest up to $150,000 in startups across B2B software, artificial intelligence, fintech, digital health, and the future of work. The firm has already invested in two undisclosed artificial intelligence startups in Nigeria and the UK. Get more details 👇 https://lnkd.in/durQ3KFi

Venture capital firm Plural, founded by Estonian entrepreneurs Sten Tamkivi and Taavet Hinrikus, has led a $10M round in #Amsterdam- and #NewYork-based ESG data platform for real estate professionals Scaler. #American Base10 Partners Partners also participated in the deal. Scaler is building a software infrastructure to optimize the collection and reporting of ESG data and transform it into #analytics that drive sustainable change to achieve zero #emissions. The startup was founded in 2021 by Zlatan Menkovic and Luc van de Boom. Founded in 2022 by Sten Tamkivi, Taavet Hinrikus, Ian Hogarth, and Khaled Helioui, Plural focuses on leading early-stage rounds between €1M and €10M. In 2023, a new partner, AI-driven biotech HelixNano founder, and VC investor Carina N. joined Plural. The fund has its own rule that requires all of Plural's partners to make personal co-investments in the deals they lead. All about Baltic startups and VC https://balticvc.com #Estonia #startup #startups #tech #technology #technologies #TechnologyNews #TechNews #Deal #Deals #VentureCapital #VC #ESG #RealEstate

Startup ecosystems and small enterprises are the bedrock for the creation of economics driven giants ready to rule the world. #India is taking major strides in promoting #startups and #makeinindia initiatives is pushing the economy to the next level of self reliance and export hub. The world needs #technology to ensure growing #population and #affluent lifestyle don't push the Keeling Curve higher. We at Avaada Group are helping the cause by bringing #cleanenergy aligned with all 17 UN #sdg goals pushing the boundaries of #sustainable development and making energy system #reliable #affordable #resilient for One and All.

What does this mean? Has China's government innovation system reached capacity? Or is China realizing it is already a dominant innovator and does not need to invest more, and is focused on Africa? It seems like an allocation/investment decision China is making. Thoughts?

Don’t let the fear of losing guide your future. Think beyond now, and the joy of winning. Are you tired of traditional investments like bonds, stocks, mutual funds, money market funds, treasury bills, etc, that deliver gains that lag the the galloping rate of inflation, and plummeting local currency value against the US dollar. Let’s dive into the space of alternative US dollar denominated investments, and the smarter way to grow your wealth. We've revolutionized the concept of early-stage technology startup investment to work for YOU. Imagine leveraging big private equity, venture capital fund expertise and strategies in the technology startup ecosystem, without risking a fortune or picking the wrong company to invest in. Take advantage of our partnership with Tekedia Capital, and invest a minimum of $250, instead of the $10,000 per investment cycle. Why struggle and stress yourself with manual efforts and high risks, when you can seamlessly earn massive multiples in return on your investment, without breaking your bank? You can leverage our specialized knowledge, and access to some of the best tech startup investment deals in the world, to make it easier and more efficient for you to earn exponential return on investment, more than ever. Say goodbye to: ➜ The low returns of traditional investments ➜ The limitations imposed by your current capital ➜ The risks of personal liability in deals gone south And say hello to: ➜ Smart, and seamless access to the innovative tech startup investment ecosystem ➜ Leveraging our expertise and resources for outsized returns, with less risk ➜ A community of savvy investors thriving in an exclusive, access-constrained space Don’t let the fear of losing, be greater than the joy of winning. Invest in your future by stepping into the world of smarter, and more profitable USD denominated alternative investments. Your journey to financial freedom, and abundance starts here. Our next investment cycle opens April 15th, 2024, and if you're ready to elevate your investment strategy and make your money work harder for you, then connect with me privately via direct message, or email [email protected], or visit www.startupdrivers.com. #investinyourfuture #letswintogether 👍 Give this post a thumbs up if you like it ✔️ Follow me for more posts like this ♻️ Repost for your network's benefit

Do African startups have access to the funding needed to build category-defining companies? Alvaro Perezcano of our Emerging Markets investment team joins CNBC Africa’s Startup Caps program to discuss the current state of startups and VC funding on the continent. A link to the full episode is available in the comments section ⬇️ #africatech #africastartups #africanbusiness #venturecapital

"The Middle East and Africa region need an angel fund like COREangels MEA, spearheaded by Maha and Ahmed, who diligently select #startups and implement our #angelinvesting model to offer enhanced support to founders. In every #innovation ecosystem, there's a crucial need for increased and improved #funding for early-stage startups, amplifying growth potential and reducing #investment risk. More funding attracts a broader pool of #investors, while better funding entails guidance, mentorship, and support from experienced and well-connected angel investors." Cintia Mano, CEO - COREangels Find out more about this angel network (the latest addition to the #ABANFamily) in this blog: https://bit.ly/3VqFvzP

💼Company: Fairgen 💰Funding: $8 million ⚡Round: Seed Funding 👥Investors: Maverick Ventures Israel, IGNIA Partners, Tal Ventures, and Creator Fund. Fairgen, an #IsraeliStartup based in Tel Aviv that uses AI to respond to surveys, has acquired $8 million in seed money. Leading the round were Maverick Ventures Israel, IGNIA, Tal Ventures, and Creator Fund. The money will be used by the business to grow both its operations and growth initiatives. While significantly lowering the time-to-insights and data collecting expenses, market research #organisations can increase coverage into difficult-to-reach sectors. Read more - https://lnkd.in/daKt6r-r To share your startup story write us on - [email protected] #Fairgen #Business #VentureCapital #Market #Growth #FundingNews

No founder wants to pitch a VC with no cash.  That’s why we’re sharing the list of firms below that have fresh capital to deploy. 🔴 Barcelona based Asabys Partners closed its second $201.3M fund to invest in biotech, med-tech, and digital health companies. 🔴 Chicago based ARCH Venture Partners closed its thirteenth $3B fund to focus on biotechnology companies. 🔴 Palo Alto based DCVC closed its third $400M biotech fund to back data-driven life science businesses. 🔴 Miami based Boldstart Ventures raised its seventh $250M fund to invest in enterprise infra and SaaS startups. 🔴 New York based The Fintech Fund raised its second $10M fund to focus on founders with strong backgrounds in building financial products.