Cerebrium is a serverless infrastructure platform that makes it easy for companies to build and scale data/AI workloads. With just a team of 4 across the US and South Africa, the startup scaled to doing millions in revenue.
The fund will target startups from seed through Series B rounds, focusing on online-to-offline (O2O) platforms, B2B SaaS solutions, and fintech ventures.
Yoco's Katlego Maphai is the latest long-serving founder to hand over the reins, signaling a new phase of maturity for the continent's top tech companies.