EchoVC has a $2.5m fund and it’s not for fintech startups
- EchoVC is launching a $2.5 million fund to seed early-stage energy, agri-tech, and climate-tech startups.
- The fund will focus on companies that boost agricultural productivity, help farmers access new markets, and bring new cooling and energy storage technologies to the market.
- EchoVC aims to be the first investor for these companies, building a pipeline for future investments from larger funds.
The launch of EchoVC's $2.5 million fund for energy, agri-tech, and climate-tech startups is a positive development for the African tech ecosystem. By focusing on early-stage companies and being the first investor, EchoVC is addressing a funding gap and supporting mission-driven founders. This initiative has the potential to drive innovation and growth in these sectors.
