TLDR:
Europe’s first black solo VC GP, Maria Rotilu, launches OpenseedVC with a $10 million fund to invest in operators across Europe and Africa. Rotilu believes this is the first of many minority funds and sees being a solo GP as a superpower for making quick decisions.
Article Summary:
In a recent podcast with Tech.eu, Maria Rotilu, the first black solo general partner (GP) of a European venture capital firm, discussed the launch of OpenseedVC, a new $10 million fund. Here are the key points from the article:
- Maria Rotilu is the first black solo GP of a European VC firm
- OpenseedVC is investing in operators across Europe and Africa with checks up to $150,000
- Rotilu believes this fund is just the beginning of many minority funds to come
- Being a solo GP is seen as a superpower for making quick investment decisions
- Rotilu sees potential in investing in Africa due to the talent and innovation emerging from the region
Despite facing challenges as a solo GP, Rotilu is confident in the success of OpenseedVC and the impact that minority funds can have in the venture capital industry. She believes that backing incredible operators, regardless of their background, is key to driving innovation and growth in the tech ecosystem.
