Breega VC Closes $75M Africa Fund to Support Early-Stage Startups

Thursday, 20 June 2024, 08:47

Paris-based venture capital firm Breega has successfully secured the first close of its $75 million Africa fund. The investment will focus on backing pre-seed and seed stage startups in the region. In a strategic move, Breega has also established offices in Lagos and Cape Town to strengthen its presence in Africa. This significant milestone underscores Breega's commitment to fostering innovation and entrepreneurship in the African startup ecosystem.
TechCrunch
Breega VC Closes $75M Africa Fund to Support Early-Stage Startups

Breega VC Secures $75M Africa Fund for Pre-Seed and Seed Startups

Paris-based venture capital firm Breega has successfully secured the first close of its $75 million Africa fund.

  1. The investment will focus on backing pre-seed and seed stage startups in the region.
  2. In a strategic move, Breega has also established offices in Lagos and Cape Town to strengthen its presence in Africa.
  3. This significant milestone underscores Breega's commitment to fostering innovation and entrepreneurship in the African startup ecosystem.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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