Seedstars Africa Ventures

 Seedstars Africa Ventures joins Brunch Connect x Finance! On December 17th, our partner Maxime Bouan, will be in Libreville for the Reverse Pitch session alongside Okoume Capital SA (OKC) and Women’s Investment Club (WIC) Côte d’Ivoire.  #Gabon stands as an example of the potential in Francophone Africa’s tech ecosystem—brimming with innovation and opportunity. This event offers a great platform to explore how startups can scale and thrive through strategic partnerships and investment.  Let’s shape the future of tech together in Gabon and across Francophone Africa!  When: December 17, 2024  Where: Libreville  Register here: https://lnkd.in/eZGGN62i  #BrunchConnect2024 #Tech241 #StartupsGabon #FrancophoneAfrica

Following the commitments announced earlier this year, we are excited to officially announce the first close of Seedstars Africa Ventures I at $42mn with leading investors including the European Investment Bank (EIB) and the African Development Bank Group. It's been a long journey, but we haven't stayed inactive and have achieved quite a lot! The Fund has already deployed $10mn and this official closing will allow us to continue on our mission to invest in talented early stage African entrepreneurs who will be joining a portfolio that includes Beacon Power Services, poa! internet, Shamba Pride, Bizao | Payment hub in Africa and Xeno. We are thankful to our shareholder LBO France who anchored the fund and Seedstars for helping us strengthen the continuum of capital across Africa. Bruce Nsereko-Lule Maxime Bouan Tamim El Zein Fanta Traoré Modester Inawedi Alisée de Tonnac Michael Weber Charlie Graham-Brown Benjamin Langer Daniela Moreno V Michaela Villaroman Vittorio Tabasso Matthieu Ducorroy Deborah Vouche Rachid Ndiaye Sélia Mamadou-Bankolé Mariam Yeo Dembele Ahmed Rashad ATTOUT Ambroise Fayolle Valery Huot Guy Van Der Mensbrugghe Sophie Chateau Delphine Séférian Frédéric TEBOUL Abdelkarim Ghebenteni Robert Daussun Stéphanie Casciola Andy Halsall Bimbola Adisa Samuel M. Aurélien Duval-Delort Aéko Ongodia

Merci Christopher Domba d’avoir invité Seedstars Africa Ventures à participer au lancement de #PowerHouse qui met en avant des personnes exceptionnelles, en quête d’excellence dans leurs domaines respectifs. Suivez ce groupe où le terme « #Cercled’Excellence » prend tout son sens. L’énergie était puissante et joyeuse hier soir, dans une salle du #Sénat remplie de personnalités dont les réalisations DOIVENT être connues par tous. Un grand bravo à ceux et celles qui ont reçus des prix d’excellence, et bravo aux interventions, particulièrement de Sonia Rolland, Simon Moutaïrou, Sergio Daömey, Laetitia Hélouet, Ian Mahinmi, Estelle Mossely, Joëlle DAGO-SERRY ✨Coach-Fée ✨, Audrey Tcheumeo, Flora Coquerel (pour n’en citer que quelques unes). Toujours un plaisir de partager du temps avec le grand Papa Amadou SARR, pape de l’entrepreneuriat sénégalais. Merci Sonia et Gérardine Mahoro pour notre échange : travaillons à davantage de financements pour les secteurs créatifs en Afrique ! Christopher, tu peux compter sur nous pour accompagner un track #entrepreneuriat. Nos écosystèmes d’entrepreneurs africains ont besoin de collectifs soudés pour réussir ! Mes citations préférées de la soirée : « Que les plus grands fassent la courte échelle aux plus petits d’entre nous. » « Toujours dire bonjour en montant l’escalier, car ce sont les mêmes que l’on croise en redescendant ». Un petit rappel de « Soit je gagne, soit j’apprends » de #NelsonMandela.

New family picture with the Beacon Power Services Board & team 🙌, hosted at our offices today with Partech, Gaia Impact, Proparco, Finnfund, Yung Bong Lim. I can confirm we couldn't have a better fit between all of these new strategic investors! Seedstars Africa Ventures #fundraising #entrepreneurship #Africa #Climatetech

Big congrats to Bimbola Adisa and the team at Beacon Power Services (BPS) who has successfully secured a flagship Series A funding round ! Seedstars Africa Ventures is participating again, as we have been proudly supporting this incredible team over the past three years. They continue to impress by their achievements transforming Africa’s energy sector, and by the great human story behind this success. Welcome to our friends from Partech (Cyril Collon 🙌) , Finnfund, Proparco, and Gaia Impact, teaming up to expand BPS’ innovative data-driven solutions, which are already enhancing power distribution across various public and private utilities in Ghana, Nigeria, and beyond. Africa's power sector faces unique challenges, and BPS is addressing them head-on with powerful tools like CAIMS and ADORA, which leverage AI to digitize grid management and provide real-time operational insights. These solutions are not only improving power reliability but also boosting revenues for utilities, with notable impact already seen in Ghana. The goal set to have reliable and clean electricity for everyone just got much closer today 🌍. Bruce Nsereko-Lule Tamim El Zein Fanta Traore Modester Inawedi Maxime Bouan Seedstars #Africa #Entrepreneurship #CleanEnergy #Cleantech https://lnkd.in/djwqVysw

In the wake of our announcement with the EIB last week committing $30mn, we have just obtained the final Board approval from the African Development Bank Group for an additional $10.5mn in Seedstars Africa Ventures. We couldn't be more proud to welcome this institution in the Fund, which truly is a testament to the work we do on the Continent, investing in and supporting some of the most promising startups out there. If you're interested in working with us, as an investor, a startup or a team member, please do reach out! Maxime Bouan Bruce Nsereko-Lule Tamim El Zein Mohamed Rachid Ndiaye Robert Z. Sélia Mamadou-Bankolé Seedstars Michael Weber Alisée de Tonnac Benjamin Langer Michaela Villaroman Charlie Graham-Brown Pierre-Alain Masson LBO France Valery Huot Guy Van Der Mensbrugghe Stéphanie Casciola Sophie Chateau Jean-Marie LEROY Delphine Séférian European Investment Bank (EIB) poa! internet Beacon Power Services Shamba Pride Bizao | Payment hub in Africa