VC Firm OpenseedVC Launches USD 10 M Fund For African Startups
- OpenseedVC has launched a USD 10 M fund for early-stage startups in Africa and Europe.
- The fund will be used to back founders with domain expertise in B2B software, AI, fintech, digital health, and the future of work.
- OpenseedVC has already invested in two undisclosed AI startups in Nigeria and the UK.
The launch of OpenseedVC's USD 10 M fund for African and European startups is a positive development for the startup ecosystem in these regions. The focus on backing founders with domain expertise in key sectors such as B2B software, AI, fintech, and digital health shows a strategic approach. The firm's existing investments in AI startups in Nigeria and the UK further demonstrate their commitment to supporting innovative ventures.
