A leading private investment firm focused on Africa, known for its successful exits and strong performance in the startup scene.
Silverbacks’ Investment in Moove Tops $37 Million as Mobility Startup Hits $2.1 Billion Valuation
Silverbacks Holdings' cumulative investment in Moove exceeds $37 million. Moove raised $250 million in Series C funding at a $2.1 billion valuation.
Mono acquisition delivers Silverbacks’ 10th exit as the firm shifts sights to sports
Silverbacks Holdings recorded its 10th profitable exit with the acquisition of Mono by Flutterwave. The acquisition was structured as an all-stock deal, linking the exit value to Flutterwave's stock market performance.
Ask an Investor: Africa’s new-crop of investors have a few things to teach the continent
Silverbacks has achieved significant partial exits, including a 29x return on LemFi and a 5x return on OmniRetail, demonstrating the importance of patient investment strategies. Madica's investment strategy focuses on startups outside Africa's major hubs, challenging the traditional Silicon Valley p
Silverbacks’ OmniRetail Exit Showcases Africa’s Startup Strength and Investment Upside
Silverbacks Holdings recorded its ninth successful exit through a partial sale of its stake in OmniRetail. The deal delivered a fivefold return on the original investment, reinforcing Silverbacks' performance in Africa's startup scene.
AMAKA Studio Secures USD 2 M Seed Funding
AMAKA Studio raised USD 2 million in seed funding. Equitane led the funding round.
