Get the latest tech news
Pan-African VC Verod-Kepple closes its first fund at $60M
It hit the milestone after fresh backing from Nigeria’s SCM Capital, Taiyo Holdings and C2C Global Education Japan.
The VC firm says the collaboration was needed for the fund to offer meaningful hands-on support, including bringing operational best practices, improving the governance structures and navigating the complex macroeconomic environment in Africa, to portfolio companies in their scale-up phase. The VKAV fund backs startups that are building infrastructure for the digital economy, solving inefficiencies encountered by businesses, and market creators for the emerging consumer population. And while the fund is sector-agnostic, it is paying attention to Vertical ERP startups and those offering embedded financial services and players in the future of work space.
Or read this on TechCrunch