Fund vehicle

216 Capital Fund I

Compiled from public sources

216 Capital Fund I is an early-stage venture capital fund managed by 216 Capital Ventures. The fund focuses on supporting African entrepreneurs who are building technology-enabled businesses with high growth potential, both within the continent and for international markets. It provides pre-seed and seed-stage financing to startups, often in their first institutional funding rounds. The fund's strategy is to be a hands-on partner, providing strategic guidance and support to help founders scale their ventures and attract follow-on investment. The fund is sector-agnostic but has a strong focus on technology, particularly in sectors such as fintech, logistics, e-health, and energy. The fund set a target size of €10 million, with a first close of €9 million in May 2022.

Manager

216 Capital Ventures

Vintage

2022

Strategy

Venture Capital

Target size

$11.3m

Size

$9.6m

Status

Active