New Venture Capital Signals Resilience in Africa’s Startups
Breega Africa SEED Fund I, valued at $75 million, launched to support early-stage startups in key African markets. Ring Africa impact fund, worth €50 million, introduced to target early-stage startups in French-speaking West Africa.
Breega Unveils $75 Million Fund Targeting African Startups
Breega has launched its inaugural African fund, aiming to establish itself as the top early-stage investor in African entrepreneurs. The $75 million fund will be directed towards ventures in South Africa, Egypt, Nigeria, Kenya, and several French-speaking African countries.
Breega Secures Initial $75M for Inaugural Africa-Focused Fund
Breega has successfully completed fundraising for four funds: an initial seed fund of EUR 45 million, a second seed fund of EUR 110 million, a first venture fund of EUR 106 million, and a second venture fund of EUR 250 million. Breega has amassed a portfolio comprising over 100 startups across 15 co
European VC Firm Announces Huge Africa Fund
Breega announced the launch of its first African fund, 'Breega Africa Seed I,' with the goal of becoming a leading early-stage investor in African start-ups. The fund, worth $75 million, will target regions with varying technological maturity and startup ecosystem strength in Africa.
Paris-based Breega is the latest European VC to close an Africa-focused fund
Africa Seed I, the Africa-focused fund of Paris-based VC firm Breega, has reached first close with $50 million in funding secured. Breega plans to invest between $100,000 and $2 million in at least 40 startups across several African countries.
