Tugende hits $10 million in fundraising thanks to Partech and Enza Capital

Tugende hits $10 million in fundraising thanks to Partech and Enza Capital

According to Jeune Afrique Business + sources, the two venture capitalists took part in an extension of the Series A of the impact company founded in 2012 and active in Uganda and Kenya, according to Jeune Afrique Business + sources.

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            ▪ Tugende hits $10 million in fundraising thanks to Partech and Enza Capital

▪ According to Jeune Afrique Business + sources, the two venture capitalists took part in an extension of the Series A of the impact company founded in 2012 and active in Uganda and Kenya, according to Jeune Afrique Business + sources.

https://www.africabusinessplus.com/en/807440/tugende-hits-10-million-in-fundraising-thanks-to-partech-and-enzal-capital/

With regional business angels—whose identity remains undisclosed—Partech and Enza Capital have completed a fundraising round of $3.6 billion favouring Tugende. This brings the Series A entity, founded by Michael Wilkerson, a former Google intern and political science graduate of Stanford and Oxford, to $9.9 million. This series was produced in September 2020 with Mobility 54, the Toyota Tsuho fund, as the leader.

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