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Africa's VC ecosystem has created a pipeline of well-funded regional feeder funds

Riding Unicorns · Investing in Africa's Digital Future, Lexi Novitske, GP @...

“Have you seen more since you started pop up that have now become good feeder funds to you?”

12:18 / 12:54

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Are we seeing more? Have you seen more since you started pop up that have now become good feeder funds to you?

Yeah. I mean, actually, I think we're we're quite lucky in that there are a lot of early stage funds and a lot of early stage funds that have been pretty well capitalized by investors, whether it's the development finance institutions or foundations that are kind of regional specific. So some of them, you know, focus just on Nigeria, West Africa, South Africa focused ones, East Africa focused ones.

About this clip

Lexi Novitske discusses how Norrsken22 benefits from a growing ecosystem of well-capitalized early-stage funds across Africa. She explains how these regional funds, backed by development finance institutions and foundations, focus on specific markets like Nigeria, West Africa, South Africa, and East Africa, creating effective feeder relationships.

Why this clip

This clip reveals the institutional infrastructure that's developing in African venture capital, showing how the ecosystem is maturing beyond just individual deals.

12:18 - 12:5436smarket insight
feeder-fundsregional-investingfund-ecosystem

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