OpenseedVC announces first close of $10 million fund to back early-stage African operators
Techpoint Africa | Osamu Ekhator - May 20, 2024
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  • OpenseedVC reaches the first close of its $10 million early-stage fund.
  • The firm plans to support operator-launched startups in Africa and Europe.
  • OpenseedVC aims to improve the operator network in software engineering, product, go-to-market, and talent.
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The early-stage fund of OpenseedVC shows promise in supporting operator-launched startups in Africa and Europe. The focus on improving the operator network and prioritizing portfolio diversification, including gender balance, demonstrates a forward-thinking approach. The firm's commitment to investing in startups and providing capital and guidance will likely contribute to the growth of the technology ecosystem.
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