Africa: Launch Africa, the VC Firm That Has Backed Over 100 Startups, Closes First Fund At $36.3m

Pan-African venture capital fund Launch Africa Ventures today is announcing the close of its $36.3 million fund, which it has primarily used to invest in B2B and B2B2C startups across Africa.

In an interview with TechCrunch, managing partner Zachariah George said Launch Africa has backed 108 startups across 21 African countries. They include the likes of Nigerian neobank Kuda, Kenyan B2B e-commerce retail platform MarketForce and Tunisian edtech startup GOMYCODE.

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