A Japanese venture capital firm focused on investing in early-stage startups, particularly in emerging markets.
Japanese VC Uncovered Fund Commits $20M to African Startups
Uncovered Fund has unveiled a new $20-million investment fund in collaboration with Monex Ventures. The UMAIP fund plans to invest in startups across Africa and the Middle East.
Uncovered Fund, Monex Ventures partner for $20 million African VC fund
Uncovered Fund and Monex have launched the UMAIP to invest $20 million in African and Middle Eastern startups. The fund will initially invest between $100,000 and $500,000 in 30 companies, reserving half for follow-on rounds.
Japanese Venture Capital Makes Strategic Entry into African Markets with $20M Infrastructure Fund
Uncovered Fund and Monex Ventures launched a ¥3 billion investment vehicle targeting early-stage enterprises in Africa and MENA. The fund focuses on four strategic investment verticals: financial technology, distribution networks, mobility solutions, and sustainability initiatives.
Japan’s new $20 million fund to boost fintech, mobility and sustainability in Africa
A ¥3 billion fund has been launched by Japanese VCs to support early-stage African startups. The fund targets sectors including fintech, mobility, agri-tech, logistics, and sustainability.
Mecho Autotech raises $2.4M, ventures into wholesale spare parts distribution
Mecho Autotech has raised $2.4 million in a pre-Series A round to expand its automotive spare parts and vehicle repairs and maintenance services. The company aims to address the fragmented and informal aftermarket spare parts supply chain in Nigeria by importing and distributing aftersales spare par
