EchoVC, a leading venture capital firm, has launched a new $2.5 million pre-seed fund dedicated to investing in early-stage climate tech startups across Africa. This initiative underscores the growing importance of climate-focused solutions and the increasing role of venture capital in driving sustainable development across the continent.
The Eco Pilot Fund I will provide crucial seed funding to high-potential startups operating in sectors such as renewable energy, sustainable agriculture, and climate-resilient mobility. By supporting these early-stage companies, EchoVC aims to nurture a pipeline of innovative solutions that can address pressing environmental and social challenges.
This launch comes at a critical time, as the African continent faces significant environmental challenges, including climate change, deforestation, and limited access to clean energy. By investing in early-stage climate tech startups, EchoVC is not only supporting promising businesses but also contributing to a more sustainable and resilient future for Africa.
