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French VC Breega Launch $75M Africa-Focused Fund
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French VC Breega Launch $75M Africa-Focused Fund
French VC firm Breega has launched a $75m (£59m) fund to invest in early-stage startups in Africa. The London, Paris, and Barcelona-based investment firm will expand its reach by opening two new offices in Nigeria and Cape Town. This is Breega’s first fund in Africa since closing its first fund in 2015, giving the VC firm a footprint in both Europe and Africa. Named “Breega Africa Seed I,” the fund received backing from institutions including Bp…
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