SAVANNAH FUND
Savannah Fund is a seed capital fund specializing in US$25,000-US$500,000 investments in early stage high growth technology (web and mobile) startups in sub-Saharan Africa. Initially focused on East Africa, the fund aims to bridge the early stage/angel and venture capital investment gap that currently exists in Africa. The Fund expects to achieve this objective by combining capital with mentor networks both in the region and from Silicon Valley via an accelerator program and a follow-on indepen... dent seed fund. The fund is managed by an experienced and technology savvy team that have founded companies or are actively involved in angel investing or having run successful accelerator programs in past but also understand the unique Subsaharan African environment. They are backed and supported by both local, regional and international networks of angels,venture capitalists whose expertise we can draw on to help startups succeed and scale to fully fledged regional or global companies. They believe in the potential for Africa to become a global technology innovator by creating sustainable for profit companies that create jobs and make an impact.
SAVANNAH FUND
Industry:
Asset Management Mobile
Founded:
2012-01-01
Status:
Active
Email Addresses:
[email protected]
Technology used in webpage:
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Current Employees Featured
Founder
Investments List
Date | Company | Article | Money raised |
---|---|---|---|
2022-06-20 | Afropolitan | Savannah Fund investment in Pre Seed Round - Afropolitan | 2.1 M USD |
2022-01-25 | Oze | Savannah Fund investment in Seed Round - Oze | 3 M USD |
2021-11-11 | Root | Savannah Fund investment in Seed Round - Root | 3 M USD |
2021-09-01 | Ando Foods | Savannah Fund investment in Pre Seed Round - Ando Foods | 200 K USD |
2021-07-22 | Guidewheel | Savannah Fund investment in Series A - Guidewheel | 8 M USD |
2019-12-03 | Orbit Health | Savannah Fund investment in Seed Round - Orbit Health | N/A |
2017-08-01 | Aerobotics | Savannah Fund investment in Seed Round - Aerobotics | 8 M ZAR |
2017-05-01 | Smile Identity | Savannah Fund investment in Pre Seed Round - Smile Identity | N/A |
2017-03-29 | Lidya | Savannah Fund investment in Seed Round - Lidya | 1.25 M USD |
2016-11-22 | UNICAF | Savannah Fund investment in Venture Round - UNICAF | 12 M USD |
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