Africa has indeed a significant intellectual and technological capital but lacks “early stage” financing solutions suited to entrepreneurial and promising projects. Therefore, this fast-growing sector needs a dedicated frame encompassing support, promotion and financial support.
LabEight* is excited to announce the formation of LabEight* Africa, bringing together an ethos of operationally focused venture capital investing using a social venture approach. The fund will focus on investments into African based companies looking to scale globally.
LabEight* was founded on the belief that to successfully build, scale and accelerate the growth of companies; entrepreneurs will need partners with operational action bias. With this focus, LabEight* is the first West African based venture fund to center on investing in founders using a social venture approach.
We will work with companies and their leadership teams to deliver on important initiatives that will help scale their businesses. And will be led by a global team of seasoned senior executives to help scale the companies. The team has significant expertise in analyzing, structuring, monitoring and valuation of investments.
For further information, please visit http://labeightafrica.com