Climate tech VC Satgana closes first fund that targets early-stage startups in Africa, Europe
TechCrunch | Annie Njanja - Mar 28, 2024
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  • Satgana has closed its first fund at €8 million, with commitments from family offices and high-net-worth individuals.
  • The fund aims to back up to 30 early-stage startups in Africa and Europe.
  • Satgana focuses on investing in climate tech founders and solutions that address climate change and its effects.
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Satgana's successful fund close demonstrates investor interest in climate tech startups in Africa and Europe. The focus on climate change solutions and support for vulnerable communities aligns with the growing importance of sustainability and social impact. Satgana's plans for future funds indicate a long-term commitment to the sector.
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