A Japanese venture capital firm focused on investing in early-stage startups, particularly in emerging markets.
Japanese VC Uncovered Fund Commits $20M to African Startups
Uncovered Fund has unveiled a new $20-million investment fund in collaboration with Monex Ventures. The UMAIP fund plans to invest in startups across Africa and the Middle East.
Uncovered Fund, Monex Ventures partner for $20 million African VC fund
Uncovered Fund and Monex have launched the UMAIP to invest $20 million in African and Middle Eastern startups. The fund will initially invest between $100,000 and $500,000 in 30 companies, reserving half for follow-on rounds.
Condia Insider: Inside Japan’s “love story” with African tech
Japan announced a new $20 million venture fund aimed at supporting early-stage African startups. Tokyo pledged $30 billion in public and private investment for Africa in 2022.
Japan inks $5.5B deal with AfDB to fuel Africa’s private sector investment
Japan and AfDB signed a $5.5 billion agreement for private sector investment in Africa. The EPSA6 initiative will run from 2026 to 2028 and focuses on climate resilience.
Japanese Venture Capital Makes Strategic Entry into African Markets with $20M Infrastructure Fund
Uncovered Fund and Monex Ventures launched a ¥3 billion investment vehicle targeting early-stage enterprises in Africa and MENA. The fund focuses on four strategic investment verticals: financial technology, distribution networks, mobility solutions, and sustainability initiatives.
