Pan-African early-stage firm Ventures Platform closes fund, hits $46M

Ventures Platform, a Pan-African early-stage venture capital firm, has closed its fund at $46 million as it looks to double down on “category-leading” companies across the continent.
The six-year-old firm, which employs 11 people, initially went to the market to raise $40 million for this fund and reached an undisclosed first close last December. Most of its limited partners in the first close were primarily African based, which was a deliberate effort, according to founder and general partner Kola Aina.
“For us, it was strategic, getting local capital for our first close. But the second close

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