Janngo Capital Startup Fund, Africa's largest gender equal tech VC fund, reaches the first close of its €60 million new fund
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Monday, September 12, 2022
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Launched in Davos in 2020, Janngo Capital's latest fund will invest 50% of its proceeds in companies founded, co-founded, or benefiting women.
Key Points:
- Launched in Davos in 2020, Janngo Capital's latest fund will invest 50% of its proceeds in companies founded, co-founded, or benefiting women.
- Yet, they face a $42 billion funding gap and have very limited access to growth capital.
- "We are proud to lead Africa's largest gender equal tech VC fund and see major global investors rally around our vision to back entrepreneurs building digital champions across Africa.
- That is why we are pleased to partner again with Janngo Capital Startup Fund through our Boost Africa Initiative," said Ambroise Fayolle, European Investment Bank Vice President.