IFC joins P1 Ventures with latest $35M fund to boost investment in African startups
P1 Ventures closed $35 million in the second round of Fund II, showing commitment to African tech startups. Catalyst Fund provided a $1.8 million boost to African climatetech startups.
Kenyan agri-tech startup Shamba Pride raises $3.7m pre-Series A funding round
Shamba Pride has raised US$3.7 million in pre-Series A funding. The funding round was led by EDFI AgriFI and also featured Seedstars Africa Ventures.
Shamba Pride Gains $3.7 Million Investment to Transform Agricultural Distribution in Kenya
Shamba Pride secured $3.7 million in funding to enhance its last-mile distribution network for farm inputs. The investment round was led by EDFI AgriFI and Seedstars Africa Ventures.
Seedstars Africa Ventures Launches New $30 Million Fund to Boost Startup Ecosystem in Africa
Seedstars Africa Ventures secures $30 million capital injection from EIB Global. The fund aims to address funding gaps in regions outside of Egypt, Kenya, Nigeria, and South Africa.
Seedstars Africa Ventures closes $30M to invest in early-stage African startups
Seedstars Africa Ventures has closed a $30 million capital commitment from EIB Global for its pan-African venture capital fund. The fund targets between $80 million and $100 million and will support seed and series A startups.
