Alitheia IDF, a venture capital firm co-founded by Tokunboh Ishmael, is prioritizing investing in businesses that serve women or are founded by women in Africa. The firm, based in Los Angeles, launched a $20 million pre-seed and seed-stage fund called Alitheia IDF to support African startups in sectors like cleantech, supply chain, ag-tech, and edtech. The fund aims to address the gender gap in access to capital for women-led businesses. Ishmael believes that diverse teams and leadership bring better corporate governance, broader perspectives, and enhanced innovation. The fund plans to provide not only funding but also mentorship, strategic growth guidance, and access to networks.
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