Yango Group, a global tech company bringing advanced technology to local communities, has launched Yango Ventures, a corporate venture fund designed to empower promising start-ups across LATAM, Sub-Saharan Africa, MENAP and other high-growth regions of the company’s presence. Yango Ventures aims to foster local innovation and entrepreneurial growth by providing both capital and leveraging its extensive experience and network, creating opportunities for start-ups to scale effectively.
This support is designed to help them generate sustainable impact within their communities. Yango Ventures focuses on early-stage start-ups, from Seed to Series B, in the O2O (Online-to-Offline), B2B SaaS and FinTech sectors. While it starts with an initial fund of US$20 million, the corporate venture fund is designed for scalability, with plans to expand its capital base in the near future alongside the growing entrepreneurial ecosystems in dynamic, high-growth markets. By investing in regions where Yango Group has a strong presence, Yango Ventures seeks to support tech-driven solutions that promote digitalisation and stimulate economic development.