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About Nimalan Reddy

http://www.standardbank.co.za

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 Ventures Platform announces $64 million first close of its second pan-African fund, backed by IFC, BII, Proparco, Standard Bank, iDICE, and others to power Africa’s next wave of tech innovation.

Ventures Platform Secures $64M First Close for Fund II to Power Africa’s Next Tech Wave

November 6 2025

Ventures Platform, Africa’s leading seed-stage fund, has announced the $64 million first close of its second fund, VP Pan-African fund II, aimed at deepening seed investments, catalysing Series A rounds, and driving its pan-African expansion to power the continent’s next tech wave. The fund is targeting a final close of $75 million.