African early-stage VC firm, Ventures Platform has announced the appointment of Damilola Teidi as its pioneer Head of Platform and Networks.

In a statement made available to Techloy, Ventures Platform disclosed that Damilola will be leading a team focused on building and ensuring the effective delivery of expertise-driven and system-based post-investment support and value creation for the fund's portfolio companies.

Damilola brings onboard over ten years of experience working in the African technology ecosystem and was previously the Director of Startup Support and Incubation at Co-Creation Hub, where she led the design and implementation of strong pan-African programmes that supported technology companies in Africa.

She also provided direct support to startups as well as engaged with various key stakeholders to create an enabling ecosystem for high-growth African startups to thrive. She started her career as a software developer and was previously the CEO of the ride-sharing startup, GoMyWay.

Ventures Platform Fund is a discovery fund that invests early in mission-driven founders building capital-efficient platforms that democratize prosperity, plug infrastructural gaps, connect underrepresented communities, solve for non-consumption, and improve livelihoods in Africa.

Last December, the firm announced the first close of its $40 million fund with LPs such as Michael Seibel, Adam Draper, Shola Akinlade, and Gbenga Oyebode. The firm also brought onboard organizations like the Nigeria Sovereign Investment Authority, United Africa Company of Nigeria, and VFD Group to invest in the fund.