Patient Capital, Diverse Exits: Verod-Kepple's Vision for the Future of African Startups 🚀 🌍

Patient Capital, Diverse Exits: Verod-Kepple's Vision for the Future of African Startups 🚀 🌍

#venture capital
Explore the $45 million vision of Verod-Kepple Africa Ventures (VKAV), backed by industry veterans Ory Okolloh, Ryosuke Yamawaki, and Satoshi Shinada. With decades of African operational and investment experience, VKAV is shifting focus to growth-stage startups, bringing hands-on support, a unique lens on scalability, and a commitment to diverse exits.

🔍 Verod-Kepple Africa Ventures, armed with a $45 million fund, has evolved from Kepple Africa's early-stage investments to backing 11 growth-stage startups. Collaborating with Verod Capital, VKAV's average ticket size is $1-3 million. The fund prioritizes scalable opportunities addressing key frictions in Africa, emphasizing infrastructure, efficiency, and homegrown solutions. With a keen eye on the diverse African market, VKAV aims for strategic, patient investments, fostering a supportive ecosystem for founders beyond financial backing. The team highlights the importance of visionary founders with global perspectives and the need for exits through secondaries, buyouts, and IPOs. In a cyclical market, VKAV sees the current downturn as an opportunity to invest and support founders navigating challenges.

🌱 Key Points:

- Verod-Kepple Africa Ventures (VKAV) focuses on growth-stage startups with a ticket size of $1-3 million.

- VKAV collaborates with Verod Capital, emphasizing hands-on support, scalability, and strategic investments.

- The fund prioritizes infrastructure, efficiency solvers, and market creators in its portfolio.

- Visionary founders with global perspectives, adaptability, and strong chemistry with VKAV are sought after.

- Red flags include a lack of pain-market fit, high turnover, and a lack of transparency.

- VKAV supports startups beyond funding, offering governance assistance, HR support, and building peer networks.

- The team reflects on lessons learned, emphasizing the importance of market size and patience in building scalable businesses.

- In the current market downturn, VKAV sees an opportunity to invest in and support resilient founders.

- The fund aims for diverse exits through secondaries, buyouts, and IPOs, recognizing the need for a well-balanced exit strategy in the African market.

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