Ventures Platform, one of Africa’s most active early-stage investors, has raised another $64 million
- Ventures Platform has raised $64 million for its second fund, targeting a final close of $75 million.
- The Nigerian government has invested in Ventures Platform's fund through its iDICE program, marking a significant milestone.
- 70% of the investors from Ventures Platform's previous fund have returned for the second fund.
Tech In Africa - Nov 7, 2025
Ventures Platform Raises $64M for Series A-Focused Fund
Ventures Platform, a prominent venture capital firm in Africa, has raised $64 million for its second
The investment by the Nigerian government in Ventures Platform is a promising development for the country's startup ecosystem, indicating a growing recognition of the importance of venture capital in fostering innovation. However, the concerns about exits and liquidity events highlight the need for a more robust market infrastructure to support these startups in the long term.
