TLDR:
- OpenseedVC announces first close of $10 million fund to back early-stage African operators
- Investment firm plans to support operator-launched startups in Africa and Europe
OpenseedVC, a venture capital firm, has reached the first close of its $10 million angel-style, early-stage fund. General Partner Maria Rotilu aims to support experienced operators launching technology companies in Africa and Europe. The firm plans to invest in over 60 startups focused on commerce, productivity, and digital health, offering checks up to $150,000. OpenseedVC emphasizes portfolio diversification, gender balance, and an open application process for founders to apply.
