Go Big Partners and 216 Capital Ventures have announced a strategic joint investment in Juridoc, Tunisia’s leading Legaltech company. This partnership is designed to facilitate Juridoc’s ambitious plans for expansion into the OHADA (Organisation for the Harmonisation of Business Law in Africa) region, which encompasses a consortium of 17 West and Central African countries.
Both venture capital firms are beneficiaries of the ANAVA fund of funds, which is managed by Smart Capital. Launched in 2021 with a target size of €100 million, the ANAVA fund aims to invigorate Tunisia’s venture capital landscape by investing in funds that focus on supporting Tunisian startups.
In July 2024, the ANAVA fund committed €4.5 million to Go Big Partners’ GO LIVE Fund, which totals €8 million and is dedicated to early-stage B2B startups that provide practical solutions across various sectors, including AgriTech, CleanTech, BioTech, HealthTech, and Cybersecurity. Similarly, 216 Capital Ventures, also a recipient of the ANAVA Fund of Funds, has played a crucial role in fostering Tunisia’s startup ecosystem by offering both capital and strategic guidance to emerging companies.
Juridoc’s expansion into the OHADA region represents a significant milestone in the company’s growth trajectory. This initiative is expected to improve legal accessibility and efficiency across the member countries, aligning with the broader objective of integrating technology into legal services to better serve the evolving needs of businesses and individuals.
As Juridoc embarks on this new chapter, the collaboration with respected venture capital firms and the backing from initiatives like the ANAVA Fund of Funds highlight a collective commitment to enhancing the accessibility and efficiency of legal services throughout Africa. This investment not only supports Juridoc’s growth but also contributes to the overall development of the legaltech landscape in the region.
