Havaic Secures Investor Backing For 50m Fund To Drive African Tech Growth

19 Days(s) Ago    👁 83
 

HAVAIC , a prominent venture capital firm, is solidifying its position in the African technology landscape as it progresses towards the finalization of the second close of its US50 million African Innovation Fund 3. This latest development builds upon a proven track record that includes over 20 portfolio companies and a notable history of guiding African technology-enabled startups to successful international exits.

The firms journey began with investments of private capital, evolving into a recognized leader in scaling high-potential African tech startups globally and generating significant returns. This success has increasingly attracted both local and international institutional investors who share a passion for fostering African innovation. HAVAIC emphasizes the trust placed in them by their private and institutional investors, who rely on the firm to responsibly manage capital and unlock the potential of African entrepreneurs, a privilege they strive to continuously earn.

The firms dedication to supporting African startups with strategic guidance and smart capital is further underscored by feedback from leading institutional investors like the SA SME Fund.

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