From TechCrunch
By Annie Njanja
November 24, 2023
Saviu Ventures, a VC firm targeting startups in Francophone Africa, has made an initial close of €12 million for its second fund with the backing of private investors, including French and Kenyan family offices. The VC firm aims to close the fund at between €30 million and €50 million to primarily invest in startups within […]
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African ‘gender-equal’ VC Janngo Capital closes second fund at $78M
Pan-African venture capital firm Janngo Capital has closed its oversubscribed second fund at €73 million ($78 million), 20% more than its target of €60 million (~$63 million). In 2022, Janngo Capital reached the first close of its second fund at €26 million, receiving capital from several limited partners, including the African Development Bank Group (AfDB) and European Investment Bank (EIB). Both anchor investors also participated in the fund’s second and final close, founder and executive ch
Oct 29, 2024
French VC firm Frst reaches $80 million first close for its new seed fund
Frst, the Paris-based VC firm with no vowel in its name, is in the process of raising its second fund. The firm has already reached a first closing of €72 million (nearly $80 million at today’s exchange rate). And if there’s one thing to say about this new fund is that it’s business as usual […]
Jun 25, 2023
With government backing, Ireland’s Elkstone closes first VC fund at $108M for early-stage startups
Yet another early-stage VC fund has closed in Europe this week, as Elkstone finalized a €100 million ($108 million) pot aimed at Irish startups. It comes a day after Lifeline Ventures closed a €150 million ($163 million) fund for fledgling startups in Finland, while several others have landed across the continent in the past few […]
May 18, 2023
Emblem is the latest European seed fund in new wave of VC funds
If you plan to launch a new startup in France, Denmark or Sweden, there is a new seed fund looking for your pitch. Emblem is announcing today that it has raised nearly $54 million (€50 million) for a new European seed fund. And this is only the first close — the firm expects to raise […]
Mar 22, 2023
