Chui Ventures surpasses $10 million target at close of first fund
Chui Ventures raised $17.3 million for its debut fund, surpassing its $10 million target. The fund received commitments from diverse sources, including the Mastercard Foundation Africa Growth Fund.
Chui Ventures closes $17.3M Fund I to back African startups
Chui Ventures closed its debut Fund I at $17.3 million, surpassing the initial target of $10 million. The fund has attracted commitments from over 30 high-net-worth individuals and institutions, with 90% of investors being African.
PaidHR raises $1.8 million seed round
PaidHR successfully closed a $1.8 million seed funding round led by Accion Venture Lab. The startup has expanded its services from Nigeria to Kenya and South Africa.
PaidHR completes $1.8 million seed round led by Accion Venture Lab
PaidHR raised $1.8 million in a seed funding round, completing its initial fundraising. The funding round was led by Accion Venture Lab with participation from Zrosk, Chui Ventures, and Zedcrest Capital.
Uncover: Pioneering Data-Driven Skincare for Melanin-Rich Skin in Africa
Uncover has successfully secured $1.4 million in Seed II funding. The funding round was led by EQ2 Ventures and igniteXL Ventures.
