Equator secures $55M to fund Africa’s early-stage climate tech startups
- Equator closes a $55 million fund to support early-stage climate tech startups in Africa.
- Investments will target sectors like energy, agriculture, and mobility to promote sustainable development.
- Limited partners for this fund include British International Investment, Proparco, and the Global Energy Alliance for People and Planet.
Tech Labari - Mar 11, 2025
VC Firm Equator Raises $55M To Back African Climate Tech
Equator, a venture capital firm focused on Africa, has raised $55 million for its inaugural fund aim
The establishment of Equator's $55 million fund is a significant step towards addressing the funding gap for climate tech startups in Africa. This initiative not only supports innovative solutions but also fosters sustainable development in a region that is disproportionately affected by climate change. Further discussions could explore the long-term impact of such investments on local economies and the environment.
