New post Need visibility? Apply for a FREE post for your Startup.  Apply Here

NewsStartups

Pacer Ventures launches $3m fund to support African tech startups

1 Mins read

Pace Ventures, A Nigeria based firm invest in tech founders solving the most critical problems and increasing the rate of tech adoption at the bottom of the pyramid. Their focus is on early stage investments within the sectors that have the biggest impact on the continent.

Pacer Ventures has a strategic relationship with the Founder Institute, providing investment thesis support, structure, templates, tools, deal flow, potential seed, and support across all segments of the fund operation.

The Founder Institute is the world’s largest pre-seed startup accelerator. Since 2009, has helped over 4,300 entrepreneurs get the focus and support needed to build a business that matters. Based in Silicon Valley and with chapters across 75 countries, the Founder Institute’s mission is to empower communities of talented and motivated people to build impactful technology companies worldwide.

In the news in the public space, the support shall focus on development in Africa, including healthcare, financial inclusion, education and agriculture. 

The Managing General Partner, Gbemi Akande said the huge opportunity to support early-stage founders making meaningful contributions to their local economies and communities.

Don’t miss any tech news ever!

We don’t spam! Read our privacy policy for more info.

101 posts

About author
Odeajo Israel is a Software Engineer & Data Scientist. He is passionate about growing the technical communities
Articles
Related posts
News

Brain implant malfunction hits Musk's Neuralink

1 Mins read
Neuralink, Elon Musk’s ambitious brain-computer interface venture, has encountered some level of setback. The company revealed that its pioneering chip implanted into…
News

Jumia trims losses as cost-cutting efforts bear fruit

1 Mins read
Every company is enthusiastic about financial growth, and this is a moment of thrill for Africa’s e-commerce giant Jumia, as the company…
News

Amid forex crackdown, CBN orders four fintech companies to halt account opening

1 Mins read
In a move aimed at curbing illicit foreign exchange dealings and money laundering activities, the Central Bank of Nigeria (CBN) has directed…
Newsletter Subscription

🤞 Don’t miss any update!

We don’t spam! Read more in our privacy policy

Join our Telegram channel here - t.me/TechpadiAfrica

Leave a Reply