Pan-African VC Verod-Kepple closes its first fund at $60M
TechCrunch | Annie Njanja - Apr 09, 2024
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- Verod-Kepple Africa Ventures (VKAV) has closed its first fund at $60 million and plans to back up to 21 growth-stage companies across Africa.
- The pan-African VC aims to provide much-needed capital to Series A and B startups in a region where local capital pools are limited.
- VKAV focuses on investing in startups that are building infrastructure for the digital economy and solving inefficiencies encountered by businesses and market creators.
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Verod-Kepple Africa Ventures (VKAV) is addressing the need for growth-stage capital in Africa by providing funding to Series A and B startups. Their focus on investing in companies building infrastructure for the digital economy shows their understanding of the market's potential. With the backing of new investors, VKAV is well-positioned to support the growth of innovative startups across the continent.
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