Global Ventures, Oui Capital, has announced the launch of its $30 million fund called the Oui Capital Mentors Fund II.
The fund has a mix of local and international investors, including Vibe Capital, D Global Ventures, One Way Ventures, Ground Squirrel Ventures, Seth Levine, Ryan McIntyre, and Tokunboh Ismael. Tosin Eniolorunda, CEO of TeamApt and Gbenga Oyebode, an investor in TeamApt, complete the list.
In 2018, Olu Oyinsan, Managing Partner of Oui Capital, left his job as Vice President of Investments at Ingressive Capital to start a VC firm with Francesco Andreoli.
The following year, Oui Capital officially launched with a $10 million fund which the firm said would provide early-stage capital for Africa’s most innovative founders. With the new fund, the firm intends to continue investing in the continent’s pre-seed and seed stage companies.
