LoftyInc Capital raises $43m to invest in seed and Series A startups
LoftyInc Capital has reached the first close of its third fund aimed at late seed and Series A startups across Africa. The fund has received backing from development finance institutions such as Proparco and the International Finance Corporation (IFC).
African VC LoftyInc Capital launches third fund for seed and Series A, reaches $43M first close
LoftyInc Capital has reached the first close of its third fund, LoftyInc Alpha, at $43 million. The fund will target late-seed and Series A startups, expanding its geographical focus across Nigeria, Egypt, Kenya, and Francophone Africa.
