To support emerging VC fund managers across the Middle East, Switzerland-based Seedstars has launched its investment arm Seedstars Capital. The platform aims to collaborate with rising and varied managers in the region and emerging markets and give them the tools to start new funds and grow their investment businesses.
Simultaneously, it serves as a driver for investments in early-stage enterprises by offering investors a diverse allocation option to the asset class across emerging economies.
“We believe the venture capital industry needs to be more open and inclusive, and we find highly talented managers across emerging markets. Unfortunately, most lack the scale and resources to attract limited institutional partners and depend on local funding to deploy their strategies and create the impact they long for,” said Benjamin Langer, Partner of Seedstars Capital said.
Currently, Seedstars is working on launching funds focusing on edtech, supply chain, climate tech, and other impact sectors and partnering with a number of new sector-specific technology funds engaged in emerging and frontier markets from pre-seed through Series A.
Founded in 2012, Seedstars is expected to drive over $500 million of new funding into emerging and diverse managers.
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