Moroccan Fintech PayTic Raises $4 Million to Expand Across Africa and Middle East
PayTic closed a $4 million funding round to accelerate growth in Africa and the Middle East. The funding round was led by P1 Ventures with participation from Launch Africa Ventures and First Circle Capital.
Egyptian startup Stakpak raises $500,000 in pre-seed funding to build an AI-powered DevOps IDE
Stakpak has developed an AI-powered DevOps platform to simplify infrastructure management for developers. The startup announced a $500,000 pre-seed funding round led by P1 Ventures.
P1 Ventures closes $50 Million fund to back global companies “made in Africa”
P1 Ventures completed the final close of its first $50 million institutional fund. The firm co-invested in Morocco-based Nuitee’s $48 million Series A round as the only African VC alongside Accel.
P1 Ventures Eyes Africa’s Emerging Tech Hubs
P1 Ventures has closed its first $50 million institutional fund. The firm is allocating half of its new fund to emerging hubs in North, West, and Central Africa.
Nigeria: Stablecoin Payments Startup Secures $3million Funding
Juicyway launched out of stealth mode with a $3M pre-seed funding round. The funding round was led by P1 Ventures with participation from multiple investors.
