P1 Ventures Closes $25 Million of its Second $50 Million to Back Early-stage Startups
By Joel Nwankwo
Pan-African seed VC firm, P1 Ventures has closed the first $25 million of its second $50 million fund. The fund will support startups working in the SaaS, AI, fintech, insurance, and health sectors.
P1 Ventures, which has a presence in Nigeria and Egypt, has invested in 29 early-stage firms since its founding, including Money Fellows, Reliance Health, Traction, and most recently, Kotani Pay.
Source: TechEconomy (link opens in a new window)
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