Capria Ventures, a leading Global South specialist firm investing in early-growth Global South startups, has announced the first close of its US$100 million fund. Capria invests in tech founders with limitless aspirations, connecting them into a uniquely-collaborative network, and activates strong relationships between hundreds of founders and leading local VC firms in the tech hubs of the Global South. Its new fund will focus on investing in 20-25 tech startups in the entrepreneurial hotspots of Africa, India, Southeast Asia, Latin America, and the Middle East. “At Capria, we are doubling down our investments in tech startups that are driving transformational change in Africa. By fostering growth and innovation, we aim to not only empower these businesses but also pave the way for sustained economic development across the continent,” said Susana Garcia-Robles, senior partner at Capria Ventures.

Source: The North Africa Journal April 27, 2023 06:00 UTC