Savannah Fund
Founded in 2012, Savannah Fund is a seed capital firm specializing in investments ranging from US$25,000 to US$500,000 in early-stage, high-growth technology startups across sub-Saharan Africa. Initially focused on East Africa, the fund aims to bridge the early-stage investment gap by combining capital with mentor networks both locally and internationally through an accelerator program.
Top Regions
https://crunchbase.com/organization/***
https://linkedin.com/company/***
Past deals in Zimbabwe
Golix
Seed Round in 2015
Golix, founded in December 2014 as BitFinance in Zimbabwe, began as a cryptocurrency platform aimed at giving users financial autonomy through digital currencies. It operated as a bitcoin trading platform with the ability to buy and sell bitcoins via mobile money or online banking, and provided a cloud-based interface to manage accounts, enabling users to liquidate or purchase bitcoins. The service expanded to support other cryptocurrencies such as Ethereum and Litecoin and offered wallet services. Golix faced regulatory pressure from the Reserve Bank of Zimbabwe, including directives to halt trading, and eventually ceased operations and sold remaining assets in October 2019; in January 2021 the brand was relaunched as a cryptocurrency price-tracking platform under the same name.
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