TLDR:
- Partech II is Africa’s largest VC fund, closing at over $300 million.
- The fund invests in various sectors and prioritizes Series A and B rounds.
Partech II, Africa’s largest VC fund, closed at over $300 million, attracting interest from individual and international institutional partners. Led by general partners Tidjane Dème and Cyril Collon, the fund invests in various sectors and prioritizes Series A and B rounds. So far, the fund has made three investments in South Africa, Senegal, and Egypt. Partech’s investment approach focuses on management, market, model, and momentum. The fund is intentional about exits, building relationships with potential acquirers. Partech believes that success in African startups requires a combination of technology and on-the-ground operations.
