Norrsken, VCs and 30 Unicorn Founders Set Up $200 Million Fund to Back Growth-Stage Startups in Africa
This time, the foundation has teamed up with thirty unicorn founders and a couple of seasoned venture capital and private equity investors to launch a $200 million fund targeted at African startups.
The fund, dubbed the Norrsken22 African Tech Growth Fund, has reached its first close of $110 million, per a statement seen by TechCrunch. It’s the latest fund launched by Norrsken after closing €125 million impact fund for European startups last March.
Photo courtesy of Christina @ wocintechchat.com.