February 20

Partech Closes Its Second Africa Fund at $300 Million+ to Invest from Seed to Series C

By Tage Kene-Okafor

Partech has closed its second Africa fund, Partech Africa II, at €280 million ($300 million+), just one year after reaching its first close.

At that size, Partech Africa, which originally targeted €230 million before its fundraising efforts started, solidifies its position as the largest fund dedicated to African startups.

Source: Tech Crunch (link opens in a new window)

Investing, Technology
business development, development finance, startups