New Investments

E4E Africa Secures $30 Million in First Close for Fund II to Empower Impactful Startus in Africa

South Africa’s E4E Africa, a venture capital firm powered by entrepreneurs, has secured $30 million for the first close of its E4E Africa Fund II.

This marks a new chapter in their mission to empower impactful startups across Sub-Saharan Africa.

Building on the success of their first fund, which backed prominent names like insurtech Pineapple and home services platform SweepSouth, E4E Africa continues its focus on high-potential businesses driving positive change.

Their expertise lies in fintech, education, job tech, e-health, and energy solutions, where they seek out exceptional entrepreneurial teams building scalable ventures.

E4E Africa’s commitment to founder-centric support goes beyond capital. They leverage their extensive network of experienced entrepreneurs to provide valuable guidance and mentorship, creating a nurturing environment for startups to thrive.

Fund II has already invested in three promising companies: Kwara, a Kenyan core banking platform, TUNL, a South African tech-enabled export shipping provider, and a disruptive player reshaping Kenya’s embedded finance landscape.

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