Dutch DFI invests in Africa-focused VC fund
FMO has disclosed an approved €5 million investment in the Breega Africa Seed I fund.
** For the best experience, download the free Africa Private Equity News app Android | iOS **
Dutch development finance institution FMO has disclosed an approved €5 million investment in the Breega Africa Seed I fund, managed by Breega Group, a VC firm based out of Paris with additional offices in the UK and Spain.
The fund intends to focus on early-stage technology startups with high growth potential.
Stay ahead in Africa's private equity and venture capital sector with Africa Private Equity News’ monthly Dealmaker’s Log – a database of reported investment deals, exits, and fundraising closes. Subscribe here