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Seedstars, Fondation Botnar launch new fund to back African startups focused on youth wellbeing

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Seedstars Launch New Fund to Back African Startups Focused on Youth Wellbeing

Seedstars Capital and Swiss philanthropic foundation Fundash & Botnar launch new fund to back African startups focused on youth well-being by Annie Anjandra. The mandate will provide initial capital of $250,000 and follow-on investments of up to $750,000. It plans to invest in at least seven startups annually over the next five years. There is a major gap in the well-being of youth if we compare developed countries with emerging markets.

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