Ogier working with lead onshore counsel Hogan Lovells LLP, and Guernsey administrator Belakso Administration Limited and auditor Grant Thornton, advised on fund, corporate and regulatory matters.
Ventures Platform, the early-stage “discovery” venture capital fund championing the next generation of African entrepreneurs, has closed Pan-African, early-stage fund to invest in market-creating innovations.
With this close led by the Nigeria Sovereign Investment Authority (NSIA), the new fund features participation from existing investors and some new leading names across Africa’s corporate and tech ecosystems, including UAC Nigeria, VFD Group, Gbenga Oyebode, Shola Akinlade (Paystack), and global investors like; Michael Seibel (Y Combinator) and Adam Draper.
Building upon its stellar reputation as one of the most active early-stage investors in African tech, Ventures Platform will significantly deepen its long-standing presence in Nigeria and West Africa while also investing in select opportunities in East, North & Francophone Africa – that have the potential to expand into West Africa’s key markets. The fund’s latest capital injection also firmly positions it to double down on existing investments in its category-leading portfolio via subsequent rounds.
The Ogier team was led by partner Bryon Rees (Picture) and associate Gabrielle Payne.
Law Firms: Ogier LLP;
Clients: Ventures Platform;