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Pan-African venture capital firm Enza Capital has announced the close of its US$58 million Fund II, as well as the launch of its Founder Partner programme, where leadership teams of portfolio companies become co-owners and share in the broader success of the firm and fellow investees.
Enza Capital, a venture capital firm that backs startups “organizing the offline online” and “digitizing key African industries,” has closed $58 million across two funds. The fund is still active and has invested in fintech, logistics, health, human capital and climate tech companies. Enza Capital, which now self-describes as a multi-stage investor due to its larger follow-on investments to Series B, is still focused on these industries in its second fund launched this year.
Enza Capital, a Kenyan-based Venture firm has raised $58 million to support startups on the continent alongside shared ownership model that affords founders ownership of the VC firm.
Startup-focused news and research company Disrupt Africa will next month release its Kenyan Startup Ecosystem Report 2022, providing readers
Kenyan B2B construction technology platform Jumba has raised $1 million in pre-seed funding. The funding round was led by Enza