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True Ventures is a Silicon Valley-based VC firm known for seed and Series A investments in high-growth tech startups. With a focus on agtech, they've played a pivotal role in Africa's startup ecosystem. Their portfolio includes Wefarm, a peer-to-peer farming platform empowering African farmers.

Type
Venture Capital

True Ventures' Portfolio in Africa

True Ventures has made over 3 notable investments in African startups. Their most recent investment was in Wefarm, announced on March 9th, 2021.
True Ventures' Latest news
Autonomous services to power next-gen apps for crypto users and DAOs: Valory's traction boosted by $4 million seed fundraise led by True Ventures - PR Newswire

Pipedream Closes $20 Million Series A Funding Round Led by True Ventures - PR Newswire

True Ventures is diving deeper into digital assets, aided by a former Homeland Security lawyer - TechCrunch

Construction Technology Startup KEWAZO Raises $5 Million Series A Funding From True Ventures To Scale Robotic Fleet In The $50 Billion Scaffolding Industry - PR Newswire

Catch Co. Closes $38 Million Series B Funding Round Led by True Ventures to Continue Modernizing the Fishing Industry - PR Newswire

Large-scale CO2 removal startup Carbo Culture raises $6.2M Seed led by True Ventures - TechCrunch

AgTech Leader Bear Flag Robotics Raises $7.9 Million Seed Extension Round Led by True Ventures - PR Newswire

Manufacturing AI Company Vanti Analytics Closes $4.5 Million Seed Round Led by True Ventures and More VC USA - English - USA - English - PR Newswire

True Ventures has $840 million more to invest in nascent and breakout startups - TechCrunch

True Ventures has two new funds totaling $635 million to plug into a wide range of startups - TechCrunch

True Ventures' Investment activity in Africa

With over $29M invested in African startups, their latest investment was a Series A round in Wefarm, announced on March 9th, 2021, closing at $11M.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Series A
Wefarm
KenyaMar 09, 2021$ 11,000,000
Series A
Wefarm
KenyaOct 29, 2019$ 13,000,000
Seed
Wefarm
KenyaMar 13, 2018$ 5,000,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000

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True Ventures' Investment Distribution in Africa.

True Ventures' currently has Startuup investments spread across the following location(s)

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