Ventureport has invested in Yunga Technologie, a leading Ugandan startup, aiming to bolster the local entrepreneurial ecosystem and harness the potential of youth-led innovation.
Information on the Target
Yunga Technologie, recognized as a top graduation enterprise from Uganda's Youth Startup Academy Uganda (YSAU), has received an investment from Ventureport, a leading organization in startup incubation. This investment signifies a vote of confidence in Yunga Technologie's potential and contributions to the local startup ecosystem.
Ventureport, established in 2008, has built a strong track record in nurturing startups and facilitating their growth. Through its extensive experience in guiding startups toward global market entry, the company has been actively participating in Uganda's startup support programs since 2022 in collaboration with the International Trade Centre (ITC), a UN agency.
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Industry Overview in Uganda
The startup ecosystem in Uganda has been growing steadily, marked by a rise in innovation and entrepreneurship among the youth. Programs like the YSAU play a crucial role in fostering tale
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VenturePort
invested in
Yunga Technologie
in 2023
in a Seed Stage deal