
Japan's Samurai Incubate raises Africa fund

Japanese venture capital firm Samurai Incubate has closed its second Africa-focused fund above target at just over JPY2.02 billion ($18.6 million).
The Tokyo-based GP launched the vehicle in January 2020 – looking for JPY2 billion – and continued fundraising throughout COVID-19, eventually securing commitments from 54 LPs. Most investors have...
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