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Naspers shuts down Foundry, its $100M fund focused on South African startups

Naspers shuts down Foundry, its $100M fund focused on South African startups

TechCrunch Industry News · TechCrunch

March 13, 20234m 3s

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Show Notes

Naspers, Africa’s most valuable tech company by market capitalization, has winded down the operations of its R1.4 billion (≈$100 million) South Africa-focused venture capital fund Naspers Foundry, according to local news outlet BusinessDay.

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