Juliana Rotich has joined Africa Technology Ventures as a venture partner. She announced this in a blog post where she shared that there are gaps in funding technology SMEs and she would like help tackle the challenge.
Africa Technology Ventures intends to raise investment for a $50m venture capital fund to invest in start-ups in East Africa and Nigeria. The fund will be based in Nairobi and Lagos. It will invest in start-ups in the following sectors: Agriculture, Consumer, Education, Energy, Financial Services and Healthcare.
We are raising investment for a $50m venture capital fund (“Africa Technology Ventures” or “ATV”) alongside an enterprise development facility, which will invest in and support the growth of tech enabled start-ups in East Africa and Nigeria; that have the potential to scale and create value in key sectors including Agriculture, Consumer, Education, Energy, Financial Services and Healthcare. The Fund will be based in Nairobi and Lagos and brings together a team of experienced international and local tech entrepreneurs, investors and advisors. Eline Blaauboer (TBL Mirror Fund; Safaricom Spark Fund; East Africa Venture Capital Association) and Mairead Cahill ((Dalberg; M-KOPA; BT) are the managing partners of the fund.
Juliana is the co-founder of Ushahidi, BRCK and is the immediate former Ushahidi Executive Director. She is also a trustee for the iHub in Kenya and the Bankinter Foundation for Entrepreneurship and Innovation in Spain. She also serves as serves as a member of the World Economic Forum Global Agenda Council on Data Driven Development and the Kenya Vision 2030 Delivery Board.