TLDR:
- EmergingTech Ventures in Morocco plans to launch a $60 million Fund II.
- The firm aims to expand its investments to neighboring countries in North Africa.
EmergingTech Ventures in Morocco is setting its sights on a new $60 million fund to expand its investments to neighboring countries in North Africa. The firm, known for investing in technologies that improve Morocco’s infrastructure efficiency, sees potential opportunities in areas like technology and innovation in the region.
The fund, which marks the firm’s second fund, will aim to support emerging managers and startups in the region. EmergingTech Ventures believes that investing in these technologies will not only benefit Morocco but also have a positive impact on neighboring countries. The firm’s focus on enhancing infrastructure efficiency aligns with the growing technological advancements in the region.
With a goal of fostering innovation and growth in North Africa, EmergingTech Ventures’ Fund II represents a significant step forward for the firm. By expanding its reach to neighboring countries, the firm aims to further support the development of emerging technologies and startups in the region.
