US EditionAfrica-Focused Early-Stage Investor Ventures Platform Raises $64m
Ventures Platform targets $75 million to invest in fintech, healthtech, agritech, edtech, and AI startups with 70% of prior investors returning, founder Kola Aina said.
- The firm announced it has secured $64 million so far for its second fund, according to founding partner Kola Aina, with a target of a final close.
- Since its 2016 founding, Ventures Platform has built a reputation for spotting breakout Nigerian startups early and launched a $46 million first institutional fund in 2022.
- Expanding beyond Nigeria, Ventures Platform will pursue Series A deals with larger stakes and establish operations in Francophone West Africa and North Africa, targeting 'painkiller' startups in fintech, healthtech, agritech, edtech, and AI.
- The fund's LP roster includes international financiers IFC, British International Investment, Proparco, Michael Seibel, and 70% returning LPs, while the Nigerian government invests through iDICE for the first time.
- Market headwinds have made fundraising tougher, yet Kola Aina says Africa's long-term potential endures despite a funding slowdown from $5 billion in 2021 to $2 billion last year.
17 Articles
17 Articles
Africa-Focused Early-Stage Investor Ventures Platform Raises $64m
Ventures Platform, one of Africa's most active early-stage venture capital firms, has raised $64 million so far for its second fund, with a final close target of $75 million, according to founding partner Kola Aina.
TechCrunch
technewstube.comVentures Platform, one of Africa’s most active early-stage investors, has raised another $64 million
The Lagos-based firm and one of Africa’s most active early-stage investors is targeting a final close of $75 million for its second fund.
Nigeria Announces New Startup Funds For Youth Innovators
The Federal Government of Nigeria’s Investment in Digital and Creative Enterprises (iDICE) programme has announced plans to launch two additional funds for the technology and creative sectors in 2026, targeting investments in Nigerian start-ups across the country. The Chairman of the iDICE Steering Committee, Vice President Kashim Shettima, announcement this on Monday. He described the formal kick-off, featuring an anchor investment in a new ven…
Federal Government To Launch 2 New Investment Funds For Nigerian Start-ups
The Federal Government’s Investment in Digital and Creative Enterprises (iDICE) programme has announced plans to launch two additional funds for the technology and creative sectors in 2026, targeting investments in Nigerian start-ups across the country. The announcement comes as the Chair of the iDICE Steering Committee, Vice President Kashim Shettima, described the formal kick-off, featuring an anchor investment in a new venture fund by Venture…
Ventures Platform Secures $64M First Close For Fund II To Power Africa’s Next Tech Wave
Africa’s early-stage discovery fund targets a final close of $75M to accelerate pan-African expansion and back innovators solving for non-consumption in underserved markets Lagos, Nigeria. November, 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 t…
The Pan-African Ventures Platform venture capital fund, based in Lagos, raised USD 64 million under its second venture capital fund, with a view to a final closure of USD 75 million. The operation marks the first participation of the Nigerian federal government in a venture capital fund, via the iDICE programme (Investment in Digital Enterprises and
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