Sony Ventures earmarks $10M to invest in African entertainment startups
TechCrunch | Tage Kene-Okafor - Oct 11, 2023
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  • Sony Group has established Sony Innovation Fund: Africa (SIF: AF) to support the growth of entertainment businesses in Africa.
  • The $10 million fund will focus on early-stage startups in gaming, music, film, and content distribution.
  • Sony Ventures aims to fill the world with sentiment through the power of creativity and technology.
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The establishment of Sony Innovation Fund: Africa is a positive move by Sony Ventures to support the growth of entertainment startups in Africa. By focusing on gaming, music, film, and content distribution, Sony is tapping into the enormous potential of the African market. This initiative aligns with Sony's mission to fill the world with sentiment through creativity and technology.
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