Co-founder of Saviu Ventures, advocating for a pragmatic approach to venture capital focused on tangible returns.
How Saviu Ventures thinks about startup exits in Francophone Africa
Benoit Delestre emphasizes the need for tangible returns over chasing unicorns. Saviu Ventures has backed 21 startups, with 75% located in Francophone Africa.
Saviu II, the francophone-focused fund, reaches second close of €25 million to invest in African startups
Saviu Ventures achieved a second close of €25 million for its second vintage fund, Saviu II. The fund received participation from Development Finance Institutions like DGGF and Proparco, as well as AXIAN Investment.
Saviu Ventures’ second fund reaches €12 million first close to back Francophone Africa startups
Saviu Ventures has made an initial close of €12 million for its second fund with the backing of private investors. The VC firm aims to close the fund at between €30 million and €50 million to primarily invest in startups within Francophone Africa.
