Cathay AfricInvest Innovation Fund closes €110 million VC fund - Quartz Africa
7/19/2022 12:00:00 AM2 years 9 months ago
by Alexander Onukwue
by Alexander Onukwue
Cathay AfricInvest Innovation Fund's €110 million close makes it one of Africa's largest VC funds.
In 2019, two private equity firms came together to form a venture capital fund to invest in African startups. That had been a record-breaking year for VC funding in Africa with $1.3 billion invested … [+3619 chars]
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