BeyondSeed’s Post

As host for the newly launched show Startup Caps, brought to you by Onafriq on CNBC Africa- I'm excited to delve deeper into the insights from our first episode, where we explored the current venture capital landscape in Africa. In 2023, despite a global downturn, Africa's venture capital scene remained a beacon of strategic investments, totaling $3.6 billion across various sectors. Nigeria, South Africa, Kenya, and Egypt—Africa's "big four"—continued to dominate, with Nigeria maintaining its lead in deal volume. This highlights the continent's potential as a hotbed for innovation and investment, despite broader economic challenges. The financial sector, leading in both deal volume and value, attracted $1.7 billion, a slight decrease from the previous year. This sector's resilience is crucial as it plays a pivotal role in enhancing financial inclusion across the continent. Following closely, the Information Technology sector showed vibrant activity, especially in areas like SaaS, affordable internet, and cybersecurity services. These sectors are not just surviving but thriving by adapting and innovating in response to market needs. Investment sources also painted an interesting picture in 2023. U.S. investors led the charge with 233 deals, underscoring their significant role in Africa's venture capital scene. However, it's encouraging to see the growth in local investments, with South Africa leading among African countries with 89 deals. This shift towards more localized funding is vital for the sustainability and independence of the African startup ecosystem. So, for all of you who haven't yet caught the series, you can watch Episode 1 here https://lnkd.in/gpCSVDwm Featured Guests - David van Dijk Team Leader for Boost Africa Technical Assistance Facility, European Investment Bank (EIB) - Kola A., Managing Partner at Ventures Platform Fund - Evelyn Chilomo Kaingu, Co-founder of Lupiya - Melvyn Lubega, Co-Founder at Go1 and Partner, Breega Key Takeaways ☑ Inclusivity and local investment are crucial in the African startup ecosystem. ☑ Exits such as Stripe's+$200M acquisition of Nigerian Paystack pave the way for new entrants into the market ☑ Building credibility and navigating valuation are key challenges in the African startup ecosystem. ☑ Africa needs more risk capital, more 'first checks'. As we continue with our series, we'll keep focusing on these dynamic elements that shape Africa's venture capital landscape. Your engagement and insights make this journey enriching and insightful. Stay tuned for more episodes where we'll continue to explore the intricacies of venture capital investments in Africa. And there's more, tonight we dive into Consumer Tech! Make sure to catch us at 5.30pm CAT on CNBC Africa or online on www.cncbafrica.com Desiree Brouwer Christian Bwakira Dare Okoudjou Zamandlovu N Tiyani Makamu Wendy Molefe Sylvia Favor Liezl MacLennan Mariska Van Den Brink

The most active investors in Egypt, purely based on the number of deals, are primarily local, with the top two being accelerators, namely Flat6Labs and Falak Startups Community--check out the full list here: https://lnkd.in/dct5YhJU #investors #egypt #accelerators #investments #mena #statistics #egyptstartups #venturecapitalists

Over the past decade, the African tech startup ecosystem has seen remarkable growth, fueled by substantial contributions from venture capitalists, angel investors, and corporate ventures. While startups continue to develop groundbreaking solutions that position Africa as a hub of innovation, many of these advancements might have stalled without the financial backing of investors who were able to recognize the potentials in these solutions. In our latest article, we explore the various categories of investors and the pivotal roles they play in driving the growth of tech startups across Africa. https://lnkd.in/dQ4jPWZf #AfricanStartups #TechInnovation #VentureCapital #AngelInvesting #CorporateVentures #AfricaTech #StartupGrowth

#KSA overtakes #Türkiye by #VC funding in #MEPT! 🏇 Türkiye's funding dropped by nearly 50%, making it the second most funded VC market in the MEPT region, overtaken by #SaudiArabia. Despite the decline, deal flow remained strong, with only a 5% decrease - the smallest among the top five VC markets in MEPT. Take a sneak peek at the Türkiye's funded startups for #FY2023 and uncover the dynamics of this country in our latest market map report: https://lnkd.in/e6MkybsM #marketmap #startups #venturefunding #2023data #reports

TLcom Capital closes second fund at $154M to back early-stage startups across Africa #early-stage #vc-funding #tlcom-capital-closes-second-fund-at-154m-to-back-early-stage-startups-across-africa

Private capital raised by startups in Southeast Asia and India more than halved in 2023, compared with the previous year, marking the second straight fall in annual deal value. However, unlike in 2022, when the number of venture transactions was more or less flat vis-à-vis 2021, last year saw a significant fall in deal volumes.

Amidst falling startup valuations, investors have a rare chance to back emerging ventures on their terms. While startup investment has experienced a decline compared to previous years, this trend could signal an opportunity for savvy investors to identify potential winners and secure favorable deals. 💡💰 At Enfinia Growth Partners, we view this shifting investment landscape as a positive development for both investors and startups. 🌟 Despite the temporary dip in valuations, the underlying potential of innovative startups remains strong. With strategic guidance and prudent investment decisions, investors can capitalize on this opportune moment to support promising ventures and drive long-term growth. 🚀✨ By partnering with Enfinia Growth Partners, investors can gain access to our expertise and insights, empowering them to navigate the dynamic startup ecosystem with confidence. Together, we can seize the moment and unlock the full potential of startup investment in today's ever-changing market. 💪🌐 #StartupInvestment #VentureCapital #EnfiniaGrowthPartners

The first of many to come. Global connections are an important foundation to chart clear paths and open doors for our startups to succeed beyond our local market. Would like to invite other ecosystem players, accelerators, venture capitalists to give this effort a boost from your own areas of expertise and influence. I’m sure we know that Malaysian startups are capable of achieving so much more. https://lnkd.in/gPJp-fhs #CradleFund #CreatingLeadingStartups #MYStartup #StartupEcosystemRoadmap #SUPER2021-2030

In the initial quarter of 2024, #NorthAmerican startup investors, after months of cautious spending, began to relax their financial constraints. According to Crunchbase data, venture funding for #American and #Canadian companies combined amounted to $35.2 billion, marking a 14% increase from the previous quarter, which had seen the slowest activity in years. #startups #ventures #USA #Canada

Founders Factory Africa has rebranded as 54 Collective VC, a venture capital firm with a $40 million fund that invests in early-stage African startups across various sectors. “Becoming a venture capital firm allows the company to expand its revenue model. 54 Collective invests up to $250,000, depending on the business’s stage. It also provides non-dilutive capital of up to $150,000. Non-dilutive capital allows startups to retain full ownership of their company. In the case of 54 Collective, it is a loan charged at 5%.” Speaking about the VC firm’s plans, Bongani Sithole, CEO of 54 Collective, said, “In the next five years starting from last year, we want to invest in 105 venture-bankable startups. Per year, we are doing 21 businesses. By the end of this year, we will be at 42 startups. We are currently at 29 startups.” Via TechCabal. https://lnkd.in/ePB9deFv #funding #venturecapital #africa #vcfirm