Fund vehicle
Persistent Africa Climate Venture Builder Fund
The Africa Climate Venture Builder Fund is a dedicated venture capital vehicle managed by Persistent, a pioneer "venture builder" on the African continent. The fund specialises in early-stage, climate-positive investments, providing a unique combination of financial capital and human capital support. Unlike traditional funds, the ACV Fund utilises a venture-building model in which the fund manager embeds its own team members in critical strategic roles such as CFO, legal counsel, and IT lead within portfolio companies to overcome early-stage operational barriers. Its primary purpose is to identify and scale innovative startups in underserved markets that address climate change through the Energy, Agricultural, and Resource Transitions.
- Manager
- Persistent Energy Capital LLC
- Vintage
- 2026
- Strategy
- Venture Capital
- Target size
- $70m
- Size
- $52m
- Status
- Active
Disclosed limited partners
Sources
- Partner Researchers, accessed 14 November 2026