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Itaú Launches R$500 Million CVC Fund by Absorbing Kinea Ventures
The current downturn in venture capital funding, following the 2021 boom, has created a favorable environment for CVC funds that still have capital to deploy.
- Categories
- Finance
- Region
- Latin America
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Prominent Global VC Endeavor Catalyst Is Raising $300 Million, Sources Say
Endeavor Global identifies breakout founders early, provides them with global mentorship and market access, and then backs them.
- Categories
- Investing, Social Enterprise
- Region
- Global
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Mediterrania Capital Partners Fund Reaches Final Close
Mediterrania Capital Partners has announced the final close of its fourth fund at €600 million.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- MSMEs, venture capital
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Africa Must Not Be a Spectator in its Own Economic Development: The Need for Pension-Backed Private Capital
Ghana’s startup ecosystem — like that of many African countries — is growing rapidly. But Amma Gyampo at Ghana Venture Capital and Private Equity Association points out that this growth is almost entirely funded by foreign capital. She argues that recent cuts in global development budgets have proven that over-reliance on foreign funding is not sustainable, and explains how tapping pension funds as a source of venture capital can provide a massive infusion of local funding into the continent's highest-growth businesses.
- Categories
- Investing, Technology
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Building a Better AgTech Funding Model in Africa: Three Key Challenges Behind the Ecosystem’s Loss of Momentum
Startups operating at the nexus of climate and agriculture in Africa have attracted over $1 billion in venture funding over the past decade. But as David Saunders and Ludovica Fioravanti at Briter and Harsha Vishnumolakala at CPI explain, despite the important role this funding can play in supporting innovative African AgTech startups, it has fallen to around $200 million a year — less than half the $500 million raised in 2022. They explore the risks this decline presents to the continent's AgTech ecosystem, and share three key priorities for building a better funding model in Africa and other emerging markets.
- Categories
- Agriculture, Investing, Technology
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European DFIs Commit $80 Million to BluePeak’s Pan-African Private Credit Fund
The fund is dedicated to providing growth capital to mid-sized businesses across Africa, prioritizing environmental, social, and governance (ESG) best practices and measurable impact.
- Categories
- Energy, Environment, Investing
- Region
- Sub-Saharan Africa
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AURA Raises €13.5 Million to Take African-Born Emergency Tech Global
"Founded in 2017 by Warren Myers, Ryan Green, and Adam Pantanowitz, AURA has emerged as one of the most innovative emergency tech platforms in the world."
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Africa Looks to Unleash Local Capital as US Drives Global Uncertainty
While private capital from angel investors has played a vital role in helping to build the foundation of Africa’s startup investment space, it has been heavily reliant on international funds once the startups need venture capital.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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