The pan-African VC firm takes on an investment advisory role for the Botswana Tech Fund, which is targeting Southern Africa's undercapitalised digital economy
Amid the rise of elusive institutional funds targeting African cleantech, startups in the cleantech and climatetech sectors have found a reliable destination in their search for hard-to-come-by funding.
The company previously raised $15.5 million in a Series A round in 2022, backed by investors including Monzo founder Tom Blomfield and Brazilian neobank Nubank.
In 2023, Morocco exported $222 million in semiconductor devices to the US— a fraction of Taiwan’s $214 billion in integrated circuit exports or the UK’s $92 billion in financial services.
The pan-African VC firm takes on an investment advisory role for the Botswana Tech Fund, which is targeting Southern Africa's undercapitalised digital economy
Mobility technology company reports first annual profit since going public, but auditors raise going concern doubt and Nasdaq listing remains under threat