Savannah Fund

Tofino Capital reaches first close of $10M fund to back startups in frontier markets

Tofino Capital, a venture capital firm targeting early-stage startups in emerging markets, has launched its $10 million fund. It is announcing the first close of this fund at $5 million and hopes to a

Wale Ayeni, head of VC investments for IFC in Africa, Middle East and Central Asia, is leaving the firm

South Africa’s Root gets $3M, plans to expand low-code insurance platform to Europe

Insurance lags behind other financial services in the adoption of digital technologies. Granted, a few unicorns have popped up from the modern digital insurance space such as Tractable and Lemonade; h

Savannah Fund launches $25M fund to invest in African startups at seed and Series A

Savannah Fund, a pan-African venture capital firm, today announced a $25 million fund as it looks to back more early-stage startups on the continent. Since launching in 2012, Savannah Fund — led by

South Africa’s FlexClub raises $1.2M, partners with Uber Mexico

FlexClub, a South African startup that matches investors and drivers to cars for ride-hailing services, closed a $1.2 million seed round led by CRE Venture Capital. The company will use the financing

Africa-Focused Savannah Fund Graduates Its First Batch of Startups

Even though its startup scene is still nascent, Sub-Saharan Africa continues to grow pools of capital and entrepreneurial know-how in hubs like Nairobi, Kenya. Today, the Nairobi-based Savannah Fun

You’ve Got One More Day To Apply For The Savannah Fund Accelerator

<a target="_blank" href="http://www.savannah.vc">The Savannah Fund</a> is an African seed investment fund that <a target="_blank" href="http://www.savannah.vc/about/">aims to</a> "bridge the early sta