Funding Purple Elephant Ventures raises $500,000, totaling $5 million for sustainable tourism in AfricaBy Tapiwa Matthew MutisiApril 10, 2025 Nairobi-based venture studio Purple Elephant Ventures (PEV), which focuses on the tourism sector, has successfully…
Africa 54 Collective to shut down venture studio operations in Africa amid strategic shift and funding challengesBy Tapiwa Matthew MutisiFebruary 25, 2025 54 Collective, previously known as Founders Factory Africa, is set to discontinue its venture studio…
Funding Purple Elephant Ventures secures $4.5M in funding to transform African tourism technologyBy Tapiwa Matthew MutisiJanuary 15, 2025 Purple Elephant Ventures (PEV), a Nairobi-based venture studio, has successfully raised $4.5 million in seed…