Mubadala and Bpifrance Co-Invest in Africa’s Largest Tech VC Fund

Abu Dhabi’s Mubadala Investment Company and France’s national investment bank Bpifrance Invest in Partech Africa II

Abu Dhabi’s Mubadala Investment Company and France’s national investment bank Bpifrance have announced their joint investment in Partech’s new Africa-focused venture capital fund, Partech Africa II. This collaboration is part of their strategic plan to build a diversified global portfolio of assets. With a hard cap of €280 million, Partech Africa II is recognized as the largest venture capital fund dedicated to tech startups in Africa.