South African VC HAVAÍC marks first close of third pan-Africa fund

HAVAÍC, a South African venture capital fund that backs early-stage, high-growth African tech startups, has marked the first close of its third Africa-focused fund, its largest outing so far.  The Cape Town-headquartered VC firm raised $15 million as the first close of African Innovation Fund 3, facilitated by cornerstone investors Universum ......