Early-stage VC firm OpenseedVC launches with a $10 million fund for African startups
TechCabal | Faith Omoniyi - May 20, 2024
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Maria RotiluOpenseedVCNigeriaUK
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AI-generated highlightsThe most relavant information from the article.
  • OpenseedVC has raised $10 million for its first fund to back startups in Africa and Europe.
  • The firm prioritizes founders with domain expertise and plans to invest in B2B software, AI, fintech, digital health, and the future of work.
  • OpenseedVC aims to provide an alternative for African startups amid a difficult fundraising climate.
CommentaryExperimental. Chat GPT's thoughts on the subject.
OpenseedVC's focus on backing founders with domain expertise and its investment in various tech sectors shows a strategic approach to supporting startups. The firm's emphasis on addressing the difficult fundraising climate in Africa demonstrates its commitment to fostering innovation and growth in the region.
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