Naspers Foundry fund's diversity problem
South Africa's biggest VC fund, valued at $100 million, has only graduated one woman of color and three persons of colour founders in 3 years.
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South Africa's biggest VC fund, valued at $100 million, has only graduated one woman of color and three persons of colour founders in 3 years.
SweepSouth, an online home services platform with presence across Africa, today announced that it has completed an US$11m investment round led by Alitheia IDF (AIF), Africa’s first and largest gender-lens private equity fund.
Months after foodtech Kune shut down for similar reasons, another Kenyan startup, Sky.Garden, is facing closure. In termination letters to employees, the CEO revealed that the company was running out of money & would close down in October.
SweepSouth has received Ksh. 1.3 billion (US $11 million) in funding in an investment round that was led by private equity fund, Alitheia IDF
Cape Town-based on-demand home cleaning and services platform SweepSouth has raised a further $11-million in funding.