Verod-Kepple Africa Ventures closed its first fund at $60 million with support from Japanese institutions and global investors to provide growth-stage capital for African startups. The fund aims to bridge the gap in capital availability for series A and B companies on the continent.
VKAV focuses on providing growth-stage capital for African startups, primarily targeting series A and B companies, but also considering pre-series A investments if deemed promising. The collaboration between Verod Capital and Kepple Africa enables hands-on support for portfolio companies during their scale-up phase.
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