The Catalyst Fund has secured the first close of its $40 million fund for climate startups in Africa. With this initial close of $8.6 million, it aims to support startups in sectors like techs, insurtechs, and waste management. Transitioning from an accelerator to a VC fund last year, it offers a long-term commitment to founders and new promising opportunities.
Source: Catalyst Fund reaches first close to back climate-tech startups in Africa | TechCrunch
