How does a VC firm go about sourcing its portfolio, and does that change over time?
- Cold emailing, filling out contact forms, networking, and being profiled by platforms like Disrupt Africa are all strategies to find venture capital in Africa.
- VC firms like Atlantica Ventures and Hlayisani Capital actively source startups through their networks, conferences, and online research.
- An introduction from a trusted member of the network carries significant weight in securing funding.
The article provides valuable insights into the strategies and approaches for finding venture capital in Africa. It emphasizes the importance of networking, building relationships, and being visible in the ecosystem. The opinion of the investors interviewed suggests that a combination of proactive outreach and inbound opportunities is effective in securing funding. It also highlights the need for careful research and due diligence in the process. Overall, the article offers practical advice for founders seeking venture capital in Africa.
