GoKawiilVentures Platform closes $83M second fund, expands beyond Nigeria
Pan-African venture firm Ventures Platform has closed an oversubscribed $83 million Fund II, nearly double its $46 million debut fund from 2022. The firm will now invest across Kenya, South Africa, and Egypt in addition to Nigeria, writing checks up to $3 million in fintech, healthcare, SaaS, and AI-driven startups over the next three to four years.
GoKawiil's interpretation of the reporting above, not reported fact.
The larger, geographically broader fund signals growing investor confidence in African early-stage tech despite a tighter fundraising climate that took the firm 18 months to close. Its emphasis on AI as a cost-structure enabler rather than a feature reflects a maturing thesis about how technology can solve infrastructure and labor gaps unique to African markets.
- Fund II is nearly double the size of Ventures Platform's first fund
- Firm has expanded beyond Nigeria into Kenya, South Africa, and Egypt
- Fundraising took 18 months amid more selective LP scrutiny
The Africa Rising" — alternatively, Nicolas Colin's? no — If Ventures Platform's pan-African expansion has you curious about the markets behind the headlines, a well-researched book on Africa's economic trajectory is a great next step. It offers context on the demographics, infrastructure, and consumer demand that early-stage investors in Lagos and beyond are betting on.
See The Africa Rising" — alternatively, Nicolas Colin's? no on Amazon → Affiliate link — we may earn a commission on purchases, at no extra cost to you. Product picked by AI based on this article; it is not a tested recommendation.Source: techcrunch.com — Dominic-Madori Davis, 2026-08-26
Published there as: “Ventures Platform goes bigger — and broader — with its second Africa fund”
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