- OpenSeed VC, a venture capital firm that backs operators in Africa and Europe, has reached the first close of its $10 million fund. The fund aims to support founders in these regions as they start their companies, providing them with capital, mentorship, and resources to help their businesses grow.

- The fund has already made several investments, including in startups focused on fintech, e-commerce, and logistics. OpenSeed VC's approach is to work closely with its portfolio companies, offering hands-on support and guidance to help them navigate the challenges of building a successful business.

- The successful first close of the $10 million fund highlights the increasing interest and investment in African and European tech ecosystems. OpenSeed VC's focus on these regions aligns with the growing trend of investors recognizing the potential for innovation and entrepreneurship outside of traditional tech hubs.