Weave Capital, a venture capital arm of SPVH Private Ltd. based in India has launched a $75 million venture fund, to invest in impact-making startups. * The fund will be invested in startups looking to raise Series B rounds. * Weave Capital aims at deploying between $1 to $5 million in up
South Africa-based Public Investment Corporation (PIC) has approved the equity investment of $100 million in the African Finance Corporation (AFC), to drive up the efforts of the firm in supporting leading infrastructural solutions in Africa. * The PIC is partnering and investing in AFC for the development, industrialization, and growth of
Insignia Ventures Partners, an investment firm focusing on technology startups has raised $516 million to invest in tech startups in Southeast Asia. * The fund includes $388 million for Insignia's third fund, $28 million for an entrepreneurs' pool that invests alongside the main fund, and an Annex fund at $100 million.
Oui Capital, an investment firm focusing on the African startup ecosystem, has raised over $11 million of the $30 million target for its second fund, tagged, Oui Capital Mentors Fund II. * The new fund will be deployed as up to $750,000 per startup, the VC claims. * Founded in 2019,
Africa-focused financial powerhouse and investment firm, Zedcrest, has launched a $10 million venture fund to invest in startups in Africa. * The Fund, tagged, Knight Fund, will focus on follow-on investments to allow startups to build on existing operations, growth, and expansion. * The Fund will focus on startups finding it hard
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Seedstars International Ventures, an investment firm based in Switzerland has raised $20 million of its $30 million Fund II target to invest in tech startups across the emerging markets in Asia, Africa, MENA, and Latin America. * The capital will be deployed to 100 startups building the future of finance, commerce,
BAI Capital (formerly Bertelsmann Asia Investment), an investment firm focusing on China has raised $700 million to invest in impact-making tech startups in China. * The firm will invest in retail tech, fintech, content, media, web3, metaverse, and local startups providing solutions in the renewable energy, self-driving, and software-led industrial space.
Auxano Capital, an India-based venture capital firm has raised $25 million in its new funding round to support tech startups and enterprises in India. * The fund will be invested in two forms: business classification (category creator, market creator and market owner) and stage of business (seed, pre-Series, Series A, and
India-based venture capital firm, First Cheque has secured $4.75 million in its second fund from global investors. * The fund will be deployed as $100 thousand per startup, with a focus on first-time founders. * The firm will invest in 50 startups in the next 18 months, it claims. * First Cheque