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OpenseedVC Secures $10M Fund to Back Operator-Led Startups in Africa and Europe

OpenseedVC Secures $10M Fund to Back Operator-Led Startups in Africa and Europe

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#venture capital
#investments
#funding
🌟 OpenseedVC, a London-based venture capital firm, is making waves with its $10M fund aimed at empowering operator-led startups across Africa and Europe. With a focus on providing early-stage funding and invaluable expertise, OpenseedVC is set to transform the startup landscape. Discover how this innovative VC firm is championing a diversified and inclusive portfolio, especially for female-led startups.

OpenseedVC Raises $10M to Support Operator-Led Startups in Africa and Europe 🌍💼


OpenseedVC, a London-based venture capital firm, has announced the first close of its $10 million early-stage fund designed to support startups founded by experienced operators in Africa and Europe. Founded by Maria Rotilu, OpenseedVC aims to provide not only capital but also mentorship and a network of seasoned operators to help new startups thrive.


Key Highlights:


- Target Markets: OpenseedVC plans to invest in at least 60 startups by 2025, focusing on the future of commerce (including B2B software, AI, and fintech), the future of work (productivity), and digital health.


- Investment Approach: The firm targets pre-seed investments, providing checks up to $150,000. They emphasize early-stage support without requiring startups to secure a lead investor first.


- Operator Network: OpenseedVC boasts a community of over 50 experienced operators who offer expertise in software engineering, product development, go-to-market strategies, and talent management.


- Current Investments: The fund has already made two investments in a stealth U.K.-based AI-enabled supplier dispute resolution software and Intron, a speech-to-text transcription model for underserved accents starting with Africa.


Diverse and Inclusive Portfolio:


OpenseedVC is committed to building a diversified portfolio that includes a strong representation of female-led startups. Rotilu's extensive experience in various tech roles and venture investing positions her well to lead this mission.


Expanding Horizons:


With its strategic focus on Africa and Europe, OpenseedVC is set to leverage its operator-driven model to identify and support promising startups in these regions. The firm's unique approach is poised to generate substantial returns for investors while providing crucial support for ambitious operators.


Join the Journey:


OpenseedVC's initiative marks a significant step in fostering innovation and growth in underserved markets. By backing experienced operators and promoting diversity, the firm is paving the way for a new era of successful startups. 🚀🌟


For more updates and information, follow OpenseedVC on their journey to revolutionize the startup ecosystem!


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