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Appzone, and enterprise fintech software provider and one of our earliest investments through our Legacy Fund is announcing that it has closed $10 million in Series A investment.

April 1, 2021

MarketForce, raised $40 million in a funding round led by V8 Capital Partners to expand its digital retail distribution business

MarketForce’s focus is on aiding the growth of SMEs, and their latest round of funding encompasses both equity and debt, enabling them to extend inventory financing services to their merchants This service is akin to an overdraft facility that enables merchants to procure goods and pay for them later, after selling them.

Mecho Autotech raises $2.15M seed funding to expand vehicle maintenance and repair services in Nigeria

With a focus on the affordability of businesses and retail customers, Mecho Autotech has established a network of in-house and third-party mechanics who have been thoroughly vetted. The company intends to utilize its fresh capital to broaden its multi-channel service capacity, expand its engineering team, and increase its marketing budget for B2C acquisition

Bamboo raises a $15m Series A round to extend it’s footprints into new African markets

Bamboo is an investment app that aims to enhance investment opportunities in local and global capital markets and facilitate wealth creation and preservation for Africans by enabling them to own shares in highly successful global companies, and has secured $15M in a series A funding round, with backing from notable investors

VCP Pre-Growth I Invests in MarketForce

MarketForce aims to use the funding the funds to expand its operations and strengthen its position in the highly competitive distribution industry. The company is well-positioned to leverage its expertise in the space and is poised for continued growth in the coming years.

AppZone raises $10m in Series A round

Appzone, and enterprise fintech software provider and one of our earliest investments through our Legacy Fund is…

54Gene Partners with Illumina

Our portfolio company, 54 Gene, partners with Illumina, a Genomics Service Provider in the US. This partnership will grant 54Gene with capabilities to sequence, analyse and genotype data without the need to be sent abroad, making them the only private laboratory in Africa with these set of capabilities.

What you need to know about VC Firm, V8 Capital Partners and its Growth Labs Programme

Our Partner, Tobi Oke sits down with TechPoint to provide insight on V8 Capital Partners, our strategy and the Growth Labs programme

54Gene and Kobo360 featured in Fortune 40 under 40 lists

Fortune has recognised the incredible impact our portfolio companies, 54 Gene and Kobo360, continue to have on the logistics and health sectors in Africa and have featured their CEOs in this year’s Fortune 40 under 40

54Gene, New Startup of the Year and Kobo360, Most Outstanding Logistics Startup by TechPoint Africa

TechPoint, a leading media platform in Africa has recognised two of our portfolio companies 54Gene as the New Startup of the year and Kobo360 as Most Outstanding Logistics Startup.

54Gene closes $15 million Series A to accelerate DNA Research in Africa

V8 Capital Partners invested in 54Gene Series A round, a leading genomics service provider in Africa. This investment helps the company scale its operations in generating more insights from human genetic research.