Capria Ventures has announced the first close of its US$100m fund that will focus on investing in 20-25 tech startups in Africa, India, Southeast Asia, Latin America, and the Middle East. The fund will seek founders using generative AI to transform companies and add a new focus on climate startups. Investors include OIP Investment Trust and Gates Ventures, as well as numerous foundations, individuals, and family offices. Capria has already closed investments for its new fund in promising startups in Mexico, Brazil, Nigeria, and Egypt, including Kueski, Agrofy, MAX, and Paymob. The firm invests in tech founders with limitless aspirations, connecting them into a uniquely-collaborative network, and activating strong relationships between hundreds of founders and leading local VC firms in the tech hubs of the Global South.
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