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26 Aug 2026, 3:00 PMTechCrunch2.5 Ventures Platform goes bigger — and broader — with its second Africa fund

Ventures Platform, a Nigeria-headquartered Pan-African VC firm, closed an oversubscribed $83M second fund, up from $46M Fund I in 2022. The fund will write checks up to $3M into early-stage founders across fintech, healthcare, SaaS, and AI, expanding beyond Nigeria into Kenya, South Africa, and Egypt.

Why: The fund's AI thesis is worth borrowing: founding partner Kola Aina says they back AI 'when it is not simply a feature, but an enabler of an entirely different cost structure, business model or market' — specifically reducing service-delivery cost and overcoming labor shortages. Founders pitching emerging-market investors should frame AI this way rather than as a feature add-on.

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