Tuesday
November 5
2024

African ‘Gender Equal’ VC Janngo Capital Closes Second Fund at $78 Million

By Tage Kene-Okafor

African venture capital firm Janngo Capital has closed its second fund at €73 million (about $78 million), 20% more than its initial target of €60 million (about $63 million).

The firm marked the first close of the fund at €34 million in 2022, roping in limited partners such as the African Development Bank Group (AfDB) and European Investment Bank (EIB).

Source: TechCrunch (link opens in a new window)

Categories
Investing
Tags
gender equality, startups, venture capital