Final fund close · Business services

Ventures Platform closes Pan-African Fund II at $84m

The final close exceeds the fund’s original $75m target.

Ventures Platform announced the $84 million final close of VP Pan-African Fund II on 26 August 2026. The total includes its $64 million first close in November 2025.

New institutional backers include EBRD, Norfund, Alphatron and Ashesi University Foundation, alongside unnamed family offices.

The fund backs African technology companies from pre-seed through Series A, with capital reserved for further investment in its portfolio.

Use of funds

Back African technology companies from pre-seed through Series A

Funding history

Final fund close · This round$84M
First fund close$64M

Sources

  1. Ventures Platform closes Pan-African FundII at84mventuresplatform.com
  2. Ventures Platform secondfundcloses84mtechcabal.com · Aug 26, 2026