Tofino Capital reaches first close of $10M fund to back startups in frontier markets

Tofino Capital reaches first close of $10M fund to back startups in frontier markets

2 years ago
Anonymous $xqL1ZTchGQ

https://techcrunch.com/2022/04/21/tofino-capital-reaches-first-close-of-10m-fund-to-back-startups-in-frontier-markets/

Tofino Capital, a venture capital firm targeting early-stage startups in emerging markets, has launched its $10 million fund. It is announcing the first close of this fund at $5 million and hopes to achieve a final close nine months from now.  

The firm, founded by Eliot Pence and Aubrey Hruby, wants to back startups in Africa, Asia, Latin America and the Middle East.