Mauritius Raise Tech 
TechCrunch
FEBRUARY 11, 2021
To understand how much growth has occurred, African startups raised a meagre $400 million in 2015 compared to the $2 billion that came into the continent in 2019, according to Africa-focused fund Partech Africa. Did African startups raise $496M, $1B or $2B in 2019? Fintech startups raised 24.9%
TechCrunch
MAY 4, 2022
His experience from this activity, coupled with working as a technical adviser to the vice president’s office in Nigeria a couple of months back, led him to launch Norebase , a trade tech startup that has raised $1 million in a pre-seed round. It’s one of the few companies offering such services, including Firstbase.
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TechCrunch
JANUARY 25, 2021
In a review of the year published last week, the firm noted that 21 companies in its portfolio have raised more than $33 million in funding. This represents nearly four-fold growth over a year ago when its portfolio raised $6 million (and just $3 million in 2018). Though, just eight of those companies got investments.
TechCrunch
OCTOBER 6, 2021
Mauritius and U.K.-based Juven is one of the few investment firms targeting growth deals on the continent , including TLcom , Novastar and Partech Africa , that have written significant checks in tech companies in recent years. . South African fintech startup Jumo raises second $50M+ VC round.
TechCrunch
FEBRUARY 13, 2023
Qotto , a solar kits provider with operations in Burkina Faso and Benin, has raised $8 million in a Series A equity-debt round led by the IBL group, a billion-dollar conglomerate headquartered in Mauritius with business interests in a number of sectors including energy, financial services, logistics, distribution, and engineering.
TechCrunch
MARCH 10, 2021
This is the second fund for the nine-year-old Mauritius-headquartered investment firm. “We raised from some angel investors, high net worth individuals, so when we the official fund launched, we rolled these select companies into the fund,” Alliy said. Europe, and Latin America.
TechCrunch
NOVEMBER 10, 2021
The company confirmed to TechCrunch that it has raised $100 million in Series C financing — split between $70 million equity and $30 million debt. In 2018, MFS Africa raised its Series B and closed at $23 million after some extensions. We realized we don’t need to raise equity since there is a debt market for that.
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