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Partech

Investor France Founded 1982

Partech News

1 article
Feb 7, 2023 · techcrunch.com
growth-positive
Partech hits first close of largest Africa-focused fund, at €245M
Partech has reached the first close of Partech Africa II, the largest Africa-focused fund yet, at €245 million. The fund, which focuses on early- and growth-stage startups across the continent, exceeded its initial target of €230 million due to overwhelming interest from LPs. Partech Africa II aims to reach a final close of not more than €280 million. The fund will back Series A and B companies in sectors such as fintech, health tech, logistics, mobility, and edtech. Partechs first African fund invested in 17 startups across nine countries, bringing value to over a million merchants and 20 million end users. The investors in Fund II include DFIs, corporates, fund of funds, family offices, and HNIs.
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