P1 Ventures Secures $35 Million in Latest Funding Round Completion
Tech In Africa | Grace Ashiru - Mar 29, 2024
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SenegalKenyaNairobiDakarP1 Ventures
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  • P1 Ventures completes the second round of funding for its USD 35 million fund.
  • The company will expand its operations to Dakar, Senegal, and Nairobi, Kenya.
  • P1 Ventures aims to accelerate its initiatives in AI-powered Software as a Service (SaaS).
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The successful completion of the second round of funding for P1 Ventures and its expansion into new markets demonstrates the growing interest and potential in the African tech startup ecosystem. The partnership with the World Bank's IFC further strengthens P1 Ventures' position and provides valuable support for the growth and development of early-stage tech startups in Africa.
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