Fund of funds

ANAVA fund-of-funds

Compiled from public sources

ANAVA is a Tunisian fund of funds established in 2021 as a key pillar of the national "Startup Tunisia" programme. It is managed by Smart Capital, an investment company mandated by the Tunisian government. With a target size of €100 million, the fund is dedicated to investing in other venture capital funds that focus on early-stage and late-stage startups. The main goal is to support Tunisia's innovative economy, foster job creation, and position the country as a regional hub for startups within the Mediterranean, MENA, and African regions. The fund's strategy involves channelling public and development finance into professionally managed VC funds and co-investing in innovative companies.