We’re super excited about the latest guest on our podcast. Zachariah George is Managing Partner in Launch Africa Ventures, an African venture firm that invests in early-stage African tech companies.
Launch Africa has put money into edtechs, fintechs, foodtechs, healthtechs, insuretechs, logistics and mobility techs, retailtechs, and more.
“We specialize in pre-seed and pre-series A investments with cheque sizes of up to $300,000. Valuations range roughly between $1 million to $10 million,” Zach explained. “We’re across multiple sectors, but they have to be tech or tech-enabled. And they must have a B2B or a B2B2C business model.”
“As of the last two years, since we started, we've done almost 120 deals across 20 different African countries. So we're by far the most active early-stage VC fund on the continent.”
Zach says he doesn’t focus specifically on impact. He implies that this is often a performative element in startup investing.
The BIG5D Podcast · Episode 30: Zacharias George, Launch Africa Ventures
“I'm not the right person to be going off on a tangent about how important impact is. Because there's a lot of this concept called, what's the technical word for it? Impact washing,” Zach said.
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