Saviu Ventures

🚀 Saviu Ventures has successfully reached its 2nd Closing of EUR 25 millions for Saviu II Fund 🎉 We are excited to announce that Saviu Ventures has successfully achieved a second close of EUR 25 millions for our second fund, Saviu II, further advancing our mission to support Africa’s most promising entrepreneurs! 🤝 With the backing of recognized Development Finance Institutions like the Dutch Good Growth Fund (DGGF) and Proparco in addition to global corporate like AXIAN Group, we are well-positioned to continue backing talented African founders. 📈Saviu's target for the final close is EUR 30-50 millions in 2025. Launched in 2018, Saviu Ventures is a leading player in the Francophone Africa Venture Capital industry, and with this second close, we are more committed than ever to providing early-stage capital and support to high-potential startups. Saviu II builds on the success of Saviu I, which was fully invested in the region’s most innovative startups. ℹ️ Read more here : https://lnkd.in/euQjJjDZ #Saviu #Closing #ImpactInvesting #Startup #earlystage #Africa #Tech #VentureCapital #Investment #InvestingInAfrica Benoit DELESTRE Samuel Touboul Cynthia Mandjek Papa Mady Sidibé Ibrahim Barry Cecilia Truchi Agnès HUANG Fabrice Perez Valentin Janjou Orsolya Farkas Agnes B.

🚀 Exciting Exit Announcement from Saviu Ventures! 🎉 We are thrilled to announce a successful exit from Lapaire, a leading pan-African eyewear company, marking a significant achievement for Saviu Ventures and our investors. Through a strategic partnership with Creadev, we have exited our 22% equity stake, returning several times our investment cost. 📈Since our initial investment in 2018, Saviu Ventures has been instrumental in Lapaire’s growth, from its first operations in Kenya to nearly 90 branches across 6 African countries (Ivory Coast, Mali, Burkina Faso, Benin, Togo, and Uganda) Lapaire’s mission to make affordable eye care accessible to millions has truly resonated across Africa, impacting over 500,000 people. 💡 The transaction signals a new chapter for Lapaire, now backed by Creadev, a powerful retail partner. With their expertise and resources, Lapaire is set to expand into new markets such as Senegal, DRC, and Tanzania, further strengthening its position as a leader in tech-enabled eyewear in Africa. 🤝We are proud of the role we played in Lapaire’s remarkable growth and are excited about the future! #Saviu #Exit #ImpactInvesting #Lapaire #Creadev #Africa #Tech #VentureCapital #Investment #Africa #Lapaire #Retail #InvestingInAfrica Benoit DELESTRE Samuel Touboul Cynthia Mandjek Papa Mady Sidibé Cecilia Truchi Ibrahim Barry Jérôme Lapaire Louis Gascoin 👓 Pierre Fauvet Tom Rostand Renaud Bassot

Last week, our Principal Cynthia Mandjek attended EMERGING Valley annual conference in Marseille! She had the opportunity to join the panel "Champions of Innovation: Financing Africa's Success Stories That Inspire Tomorrow" alongside LafricaMobile CEO Malick Diouf, Jesper Vesten Drescher, Chiamaka Moses, Audra Elena Shallal and moderator Julie Lanckriet-Goerig. Thank you, Samir Abdelkrim, Julie Lanckriet-Goerig and the rest of the EMERGING Valley team for organizing such a well-planned event. It was a pleasure to (re)connect with fellow players in the African tech ecosystem (Ghita Zniber, Diego A., Uwem U., Takuma Terakubo, Hassen Arfaoui, KARIMA👼🏽 El Hakim, Valentin Méaux, Henri Huet etc.) and meet new companies. #EmergingValley #AfricanTech #VCinAfrica

📣📣📣 We are thrilled to announce that Saviu Ventures has officially joined the Jobtech Alliance Investment #Network! 👷🏾♂️🧑🏾🎓 With over 1.2 billion people across Africa and a rapidly growing tech ecosystem, the potential for job technology innovation is immense. 📈Saviu Ventures is an Africa-focused venture capital fund investing in early-stage startups that address the continent’s biggest challenges. 🌍 One of the biggest challenge of the continent is to create millions of new job opportunities and enhance skills of the workforce with #edtech like Resolute Education, Fintech like Julaya and Waribei , healthtech, e-commerce and e-logistics like WASPITO , Kamtar and Paps from our portfolio. 🚀 As part of this dynamic coalition, we will enhance our commitment to Invest in startups, particularly in Francophone Africa, that develop employment in this region. ℹ️ Read more : https://lnkd.in/eg4G7mNU Benoit DELESTRE Samuel Touboul Cynthia Mandjek Papa Mady Sidibé Ibrahim Barry Cecilia Truchi Michelle Hassan #Saviu #JobTechAlliance #Investment #Africa #Innovation #JobCreation #VC #Africatech #FancophoneAfrica #Tech

📣 📣📣 Our portfolio company Lapaire , the leading pan-African eyecare company providing free vision tests and affordable glasses has successfully raised a bridge financing of €450k of Proparco in addition to a €2,5m debt financing of AfricInvest Group. 📈👓 Lapaire operates over 55 branches in six African countries: Ivory Coast, Togo, Benin, Mali, Burkina Faso, and Uganda. 🌍🚀 The funds will be used to expand Lapaire’s footprint in new African markets, such as #Senegal, #Tanzania and #DRC, as well as to keep optimizing its operations. ℹ️ Read more : https://lnkd.in/en2HPYVa Jérôme Lapaire Louis Gascoin 👓 Benoit DELESTRE Samuel Touboul Cynthia Mandjek Papa Mady Sidibé Ibrahim Barry Cecilia Truchi Moustapha Ibrahim Malloum Agnès HUANG Samuel BAZIRE Valentin Janjou Digital Africa AfricInvest Group #Saviu #SaviuVentures #scaleup #venturecapital #startups #Africa #Lapaire #Retail #InvestingInAfrica

📣 We are thrilled to announce our investment in Waribei, an innovative fintech company connecting #banks, #wholesalers, and #retailers! 💵 Waribei's platform offers real-time payment terms, streamlining transactions and enhancing efficiency. 🏦 By collaborating with banks and #microfinance institutions, Waribei is boosting working capital to support #business #growth and improve #distribution channels. 🚀 Saviu investment in Waribei reflects our commitment to addressing the demand for working capital among retailers and wholesalers. 🤝 Together, we can drive growth and strengthen the #financial #ecosystem in #Francophone West Africa ! Benoit DELESTRE Samuel Touboul Cynthia Mandjek Papa Mady Sidibé Karim Fakhry Ibrahim Barry Cecilia Truchi Ladislas Pham Fabrice-Mozart AMANI Paul-Arthur LEBEAU Cedric Mangaud Leslie Ossete Aude Juglard Mstudio #Seed #Funding #africatech #tech #Innovation #saviu #VC #fundraising #africa #francophone #startup #ventures #Retails #Investment #Growth #Fintech

🌍 For the #Ecobank #Fintech #Challenge 2024, we are proud to announce that our Head of Portfolio, Papa Mady Sidibé, will be joining as #speaker on a #panel session about : 💬💡 “Strategies for Bridging the Investment Gap in Emerging African Markets.” 🚀 Don't miss this #opportunity to engage in #insightful #discussions and #connect with the vibrant #players of the #African #Fintech #ecosystem in 📍Lomé, Togo 🇹🇬 and YouTube live stream 📺. Benoit DELESTRE Samuel Touboul Cynthia Mandjek Ibrahim Barry Karim Fakhry Cecilia Truchi #EcobankFintechchallenge2024 #Fintech #Investment #Saviu #SaviuVentures #FrancophoneAfrica

📣 We are excited to announce our #investment in Resolute Education a pioneering #platform offering comprehensive #educational products and services. 🤖🦾💻 Resolute Education partners with #schools to #enhance their curricula with #robotics, #coding, and #data sciences. They deliver engaging, #interactive courses designed to make #learning enjoyable #students. 📈 Their #offerings, which include both in-curriculum and #online options, are currently utilized in over 200 schools, #benefiting more than 100,000 students. By #integrating #hardware and #software #education, Resolute equips students with crucial #skills for the future #job #market, including #criticalthinking, #problemsolving, and #collaboration. 🚀 Saviu Ventures ’s investment in Resolute stems from their #innovative approach to addressing the growing demand for #technology #education. Their turnkey #solutions enable schools to easily incorporate #advanced #courses into their #programs, ensuring that students gain valuable skills in a rapidly evolving #technological landscape. Rajesh Pasungili Ramakrishnan Gareth Thomson Benoit DELESTRE Samuel Touboul Cynthia Mandjek Papa Mady Sidibé Karim Fakhry Ibrahim Barry Cecilia Truchi #SeedFunding #africatech #Innovation #saviu #VC #fundraising #africa #africatech #startup #saviuventures #growth #investment

🎉 We’re glad to announce that our #portfolio #company Paps and his #CEO Bamba LÔ 🇸🇳 are selected in the #Top 50 Africa's Business Heroes #Finalist this year. 🚀🌍At Saviu Ventures , we are glad to #invest into #visionary #entrepreneurs that #transforming #Africa through #innovative #solutions. 💡Paps is an #transportation and #logistics company focused on #technology, providing end-to-end #services in the #supply #chain, from #storage to last-mile #delivery, including #freight services. 💬Bamba LÔ 🇸🇳 words about Saviu Ventures : "In Saviu, we found both strategic and operational partners who were able to provide us with the support we needed at various critical stages of the company, in terms of entrepreneurial skills and capital. We're very pleased to be working with Saviu because it's an investment fund with an entrepreneurial DNA, which makes it different and innovative." 🎊 Congratulations to #Paps #Team and Bamba LÔ 🇸🇳 for this #achievement. Benoit DELESTRE Samuel Touboul Cynthia Mandjek Papa Mady Sidibé Karim Fakhry Ibrahim Barry Cecilia Truchi #africatech #Innovation #africa #francophoneafrica #startup #saviuventures #saviu #StartupSuccess #AfricanTech #InvestingInAfrica

📣 We’re excited to announce our #participation in Workpay's #SeriesA round of $5 million led by Norrsken22 with historical and new #investors including Visa , Y Combinator , Axian Group, Verod-Kepple Africa Ventures, and Acadian Ventures. 📈 Workpay is a #Kenyan #start-up that provides #cloud-based #HR, #payroll and benefits solutions to small- to medium-sized #businesses with #employees across #Africa since 2019. It now serves more than 1,000 customers mainly based in #Kenya and #Nigeria. 🚀 With this new #investment, Workpay aims to continue to #grow its footprint, and expand its #financial services offering by exploring #innovative products that enhance the employer-employee interaction around #salaries. The company will also focus on developing its #AI-driven performance management tools to help organisations improve team management. 🌍 Saviu Ventures has demonstrated its confidence in #Workpay and will continue to #support Workpay, particularly in its future #expansion into #French-speaking #Africa. Paul Kimani 🇰🇪🌍 Benoit DELESTRE Samuel Touboul Cynthia Mandjek Papa Mady Sidibé Karim Fakhry Ibrahim Barry #SeedFunding #africatech #Innovation #saviu #VC #fundraising #africa #francophoneafrica #startup #saviuventures #Workpay #HRTech #Payroll #Investment #Growth #Fintech ℹ️ Read more: https://lnkd.in/e4M3ggm2