Pan-African contrarian investor P1 Ventures reaches $25M first close for its second fund
- P1 Ventures has reached the first close of its second fund at $25 million.
- The firm plans to focus on sectors such as e-commerce, fintech, insurtech, health tech, SaaS, and AI.
- P1 Ventures takes a contrarian approach to VC investment in Africa, backing underdog startups in emerging markets.
P1 Ventures' focus on sectors such as e-commerce, fintech, insurtech, health tech, SaaS, and AI aligns with the growing trends in Africa. The firm's contrarian approach to VC investment in Africa, backing underdog startups in emerging markets, shows a commitment to supporting innovative entrepreneurs. With a strong portfolio and a track record of securing follow-on funding, P1 Ventures is well-positioned to become a leading VC firm in Africa.
