Verod-Kepple closes first fund at $60 million to support 21 growth-stage startups in Africa
- Verod-Kepple Africa Ventures (VKAV) closes its first fund at $60 million.
- The fund plans to support up to 21 growth-stage companies.
- VKAV aims to provide hands-on support to portfolio companies and focus on companies building infrastructure for the digital economy.
The closing of Verod-Kepple Africa Ventures' first fund at $60 million is a positive development for the African venture capital scene. The fund's focus on supporting growth-stage companies and providing hands-on support to portfolio companies shows a commitment to nurturing the African startup ecosystem. With its investments in various sectors and plans to explore new markets, VKAV is well-positioned to contribute to the growth of the digital economy in Africa.
