Venture Platform has announced the final close of its early-stage and intercontinental fund at $46 million, surpassing its initial $40 million target.
The oversubscribed fund sees new participation from global investors cutting across commercial banks, corporates, DFIs, global institutional investors, and High Net-worth Individuals (HNIs). These include Standard Bank; International Finance Corporation (IFC); British International Investment; A to Z Impact; Proparco with FISEA; AfricaGrow a fund of funds backed by BMZ (German Ministry for Economic Cooperation and Development, DEG and Allianz, managed by Allianz Global Investors), and others.
