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Catalyst Fund Nears $40M Goal to Power Climate Tech Startups in Africa

Catalyst Fund has successfully increased its investment fund to $30 million, with a goal to reach $40 million. This capital will support around 40 climate technology companies across Africa, helping them develop solutions for climate adaptation and sustainable growth.

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Catalyst Fund Nears $40M Goal to Power Climate Tech Startups in Africa

Catalyst Fund, a venture capital fund focused on investing in climate technology startups in Africa, announced the completion of the second close of its first investment fund. This brings the total investment commitments to $30 million, a move that strengthens its ability to finance companies developing climate adaptation solutions, as it gets closer to its target fund size of $40 million.

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