Africa: Partech launches 100 million euro fund to support start-ups

Boubacar Diallo

Partech Africa will fund early-stage African technology companies, with initial tickets ranging from 500,000 euros to 5 million euros.

After being one of the first European funds to open offices in Silicon Valley in the early 1980s, Partech Ventures is moving towards Africa and African digital ecosystems with the launch of its Partech Africa fund. This new fund, which aims for an investment capacity of 100 million euros, becomes the first of this size dedicated solely to the financing of African start-ups of digital.

Read more: https://business.lesechos.fr/entrepreneurs/financer-sa-creation/afrique-partech-lance-un-fonds-from-100-million-euros-to-support-startup- 317920.php

The author:
Samir Abdelkrim, entrepreneur, founder of StartupBRICS.com and African tech nugget hunter regularly highlights the start-ups he has encountered in the field. Since 2014, he has crossed Africa of innovation and traveled 20 countries. An adventure from which he pulled a book “Startup Lions”, available on Amazon.fr.

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