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Japanese VC Samurai Incubate closes $18.6M fund for African startups – TechCrunch

Samurai Incubate, a Tokyo-based venture capital firm, announced today it has closed its “Samurai Africa 2nd General Partnership” fund, totalling 2.026 billion yen (~$18.6 million). According to the firm, the fund was oversubscribed as it targeted 2 billion (~$18.4 million) and a total of 54 investors joined as LPs. One notable LP is the Toyota […]

  • Samurai Incubate, a Tokyo-based venture capital firm, announced today it has closed its “Samurai Africa 2nd General Partnership” fund, totalling 2. 026 billion yen (~$18. 6 million).
  • According to the firm, the fund was oversubscribed as it targeted 2 billion (~$18. 4 million) and a total of 54 investors joined as LPs.
  • One notable LP is the Toyota Tsusho Corporation, which has a diverse network across the continent.

TECHCRUNCH.COM16 Apr, 2021

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