The latest news and analysis from Africa's venture capital industry, including angel investing, impact investing, LPs, VCs and funding roundups.
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Chui Ventures has closed its $17.3M Fund I to support African founders building tech-led solutions and expand its gender-inclusive investment strategy.
The firm's fund II will focus on what it deems critical infrastructure, targeting fintech, healthtech, agritech, edtech, and AI
The answer from the panel of investors was blunt: The money didn't just disappear; it got smarter, more demanding, and profoundly risk-averse.
"If any entrepreneur can figure it out, it is very possible to build a venture-backable business inside Nigeria," Seye Bandele said.
The team will now cofound and scale startups from inside.
TLcom's captive pipeline mirrors Sequoia's early-stage playbook, except African founders face operational chaos, making each $200K bet a bigger leap of faith.
F6 Ventures will manage six funds with over $90 million in AUM and plans to expand that figure to $200 million in five years.
The ruling signifies a stark end for the ambitious venture, which was established in December 2022
Liquify, an invoice finance marketplace, secures $1.5M seed funding led by Future Africa. The fintech has already financed $4M worth of trade.
As funding tightens across African startups, these 12 investors remain active across the continent.
The Alpha Fund is designed to build on insights from previous funds. It will focus on seed investments that enable entrepreneurs to build resilient companies and achieve scalable growth.
With over $60 million now in AUM, P1 Ventures builds on a year of strong momentum in which it completed its largest-ever deal.
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