Ventures Platform goes bigger — and broader — with its second Africa fund

Ventures Platform has raised an oversubscribed $84 million second fund as the Pan-African venture firm expands beyond its home market of Nigeria with a strategy shaped by a tougher, more selective venture market.

The firm plans to back early-stage founders across a range of sectors, including fintech, healthcare, SaaS, and other areas “where technology can address essential needs and build large, enduring businesses,” Kola Aina, the firm’s founding partner, told TechCrunch.