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Verod-Kepple Africa Ventures Closes Inaugural Fund at $60M, Backed by Japanese and Nigerian Investors 🇯🇵 🇳🇬

Verod-Kepple Africa Ventures Closes Inaugural Fund at $60M, Backed by Japanese and Nigerian Investors 🇯🇵 🇳🇬

#venture capital
#investments
#funding
Discover how Verod-Kepple Africa Ventures' $60 million inaugural fund, fueled by Japanese and Nigerian investors, aims to bolster growth-stage startups across Africa, bridging the gap in available capital for Series A and B companies.

Verod-Kepple Africa Ventures (VKAV) has successfully closed its first fund at $60 million, with fresh backing from Nigerian and Japanese investors, including SCM Capital and Taiyo Holdings. The pan-African VC plans to deploy the capital to support up to 21 growth-stage companies across the continent, focusing primarily on Series A and B startups. The fund's closure comes amid an investment downturn, highlighting the critical need for local capital pools to foster sustainable growth in Africa's tech ecosystem.


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