Seedstars Africa Ventures

New family picture with the Beacon Power Services Board & team ??, hosted at our offices today with Partech, Gaia Impact, Proparco, Finnfund, Yung Bong Lim. I can confirm we couldn't have a better fit between all of these new strategic investors! Seedstars Africa Ventures #fundraising #entrepreneurship #Africa #Climatetech

Big congrats to Bimbola Adisa and the team at Beacon Power Services (BPS) who has successfully secured a flagship Series A funding round ! Seedstars Africa Ventures is participating again, as we have been proudly supporting this incredible team over the past three years. They continue to impress by their achievements transforming Africa’s energy sector, and by the great human story behind this success. Welcome to our friends from Partech (Cyril Collon ??) , Finnfund, Proparco, and Gaia Impact, teaming up to expand BPS’ innovative data-driven solutions, which are already enhancing power distribution across various public and private utilities in Ghana, Nigeria, and beyond. Africa's power sector faces unique challenges, and BPS is addressing them head-on with powerful tools like CAIMS and ADORA, which leverage AI to digitize grid management and provide real-time operational insights. These solutions are not only improving power reliability but also boosting revenues for utilities, with notable impact already seen in Ghana. The goal set to have reliable and clean electricity for everyone just got much closer today ??. Bruce Nsereko-Lule Tamim El Zein Fanta Traore Modester Inawedi Maxime Bouan Seedstars #Africa #Entrepreneurship #CleanEnergy #Cleantech https://lnkd.in/djwqVysw

In the wake of our announcement with the EIB last week committing $30mn, we have just obtained the final Board approval from the?African Development Bank Group?for an additional $10.5mn in?Seedstars Africa Ventures. We couldn't be more proud to welcome this institution in the Fund, which truly is a testament to the work we do on the Continent, investing in and supporting some of the most promising startups out there. If you're interested in working with us, as an investor, a startup or a team member, please do reach out! Maxime Bouan?Bruce Nsereko-Lule Tamim El Zein Mohamed Rachid Ndiaye Robert Z.?Sélia Mamadou-Bankolé Seedstars?Michael Weber Alisée de Tonnac?Benjamin Langer Michaela Villaroman?Charlie Graham-Brown Pierre-Alain Masson LBO France?Valery Huot?Guy Van Der Mensbrugghe?Stéphanie Casciola Sophie Chateau Jean-Marie LEROY Delphine Séférian European Investment Bank (EIB) poa! internet?Beacon Power Services Shamba Pride Bizao | Payment hub in Africa