Namibia: Bellatrix launches Ndjaba Seed Fund
The fund is expected to invest in 35–50 startups.
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Namibia-based Bellatrix Investment Managers has launched the Ndjaba Seed Fund, a early-stage vehicle aimed at supporting businesses across Southern Africa.
The fund size has been reported as $10 million, with a plan to back about 35–50 startups over a 10-year investment horizon.
Cheque sizes are expected to range from $25,000 to $350,000, with follow-on funding available.
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