OpenseedVC, a venture capital firm dedicated to supporting early-stage startups founded by experienced operators, has successfully secured the first close of its $10 million fund. This significant milestone marks a key step in OpenseedVC’s mission to empower a new generation of innovative companies across Africa and Europe.
Founded by Maria Rotilu, OpenseedVC recognizes the unique challenges faced by operators transitioning from established roles to entrepreneurship. The firm provides not only capital but also invaluable mentorship and support from a robust network of experienced operators across various domains, including software engineering, product development, and go-to-market strategies.
OpenseedVC’s investment strategy prioritizes high-growth sectors such as B2B software, AI, and fintech. The fund will invest in up to 60 early-stage companies, providing each with up to $150,000 in funding. Notably, OpenseedVC is committed to fostering diversity within its portfolio, with a strong emphasis on supporting female-led ventures and ensuring equitable representation across geographies and industries.
The fund’s investor base comprises a diverse group, including founders, seasoned professionals from both traditional and tech industries, and high-net-worth individuals from across Africa, Europe, and the United States.
OpenseedVC’s unique approach, combined with its strong network and commitment to supporting operator-led ventures, positions the firm as a key player in the evolving landscape of early-stage investing. By empowering experienced operators to translate their industry expertise into successful businesses, OpenseedVC aims to contribute to the growth of the global startup ecosystem.
