OpenseedVC, which backs operators in Africa and Europe starting their companies, reaches first close of $10M fund
- OpenseedVC has reached the first close of its $10 million angel-style early-stage fund, with a focus on investing in startups launched by experienced operators in Africa and Europe.
- The fund aims to provide capital, guidance, and support to these founders, with a particular emphasis on software engineering, product, go-to-market, and people and talent.
- OpenseedVC plans to back at least 60 startups over the next five years, with a focus on the future of commerce, future of work, and digital health.
The concept of OpenseedVC, investing in startups launched by experienced operators, is a promising approach to support early-stage companies. By providing capital, guidance, and a community of seasoned operators, OpenseedVC aims to enhance the chances of success for these startups. The focus on software engineering, product, go-to-market, and people and talent shows a strategic approach to address common challenges faced by founders.
