Capria VC wants to back two more African Series A startups with $1-$3 million each

Capria Ventures - MOBOLA4 2048x1365 1

Capria VC, a global venture firm with $207 million in assets under management, runs a unique model for investing in emerging markets by backing startups and local fund managers. Globally, it has invested in 17 fund managers, giving it indirect exposure to nearly 400 portfolio companies, while directly investing in only 41 startups.

Capria’s African partner firms are Global Ventures, Lateral Frontiers and Atlantica Ventures. “This model is powerful because it gives us broad access to market insights. It’s a huge data set, which benefits both us and our portfolio companies,” Mobola da Silva, the Africa partner at Capria, told TechCabal.

She joined Capria in 2023 initially as a venture partner before transitioning to a partner in 2024 and relocating from Lagos to Nairobi to strengthen Capria’s on-ground presence on the continent.

Before joining Capria, she spent 14 years working at the intersection of venture capital and emerging markets and held senior roles at the Draper Richards Kaplan Foundation, the uMunthu Fund, and Alitheia Capital.

“The common theme (of my career) is deploying capital into the most promising opportunities and backing founders best positioned to scale transformative businesses,” da Silva said.

This article was originally published on Techcabal >

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