Two funds, two continents: Why VC firm Satgana is doubling down on climate tech
- Satgana is raising two new funds, one for Africa and one for Europe, to invest in climate tech startups.
- The firm has invested $570,000 in each of its 30 portfolio companies across both continents.
- Anil Maguru, a partner at Satgana, emphasizes the importance of resilience and real demand in African markets.
Satgana's approach to climate tech investing is commendable, particularly its focus on resilience and real-world applicability in challenging markets. By prioritizing impact from the outset and bridging the gap between African and European ecosystems, the firm is well-positioned to drive meaningful change in the climate tech sector. However, it will be crucial for them to maintain this balance as they scale their operations and funds.
