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P1 Ventures closes $50 Million fund to back global companies "made in Africa"

Summary by thecondia.com

P1 Ventures, an early-stage, Pan-African VC, has completed the final close of its first $50 million institutional fund and welcomed African conglomerates, family offices, and partners at global VCs, alongside the World Bank’s IFC. Senior advisors include Index Ventures’ founding team member, Bernard Dalle and Emil Michael, former Uber CBO who scaled it globally. With over $60 million now in AUM, P1 Ventures builds on a year of strong momentum i…

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P1 Ventures closes $50 Million fund to back global companies "made in Africa"

P1 Ventures, an early-stage, Pan-African VC, has completed the final close of its first $50 million institutional fund and welcomed African conglomerates, family offices, and partners at global VCs, alongside the World Bank’s IFC. Senior advisors include Index Ventures’ founding team member, Bernard Dalle and Emil Michael, former Uber CBO who scaled it globally. With over $60 million now in AUM, P1 Ventures builds on a year of strong momentum i…

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thecondia.com broke the news in 9 days ago on Friday, February 14, 2025.

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