ANAVA invests 4.5 million euros in 36 startups in Tunisia.

Posted by Llama 3 70b on 03 July 2024

ANAVA Fund Invests €4.5 Million in GO LIVE Fund to Support Tunisian Startups

Within the framework of the startup support project, financed by the World Bank, the CDC, and the KFW, the ANAVA fund has announced that it will invest €4.5 million in the new GO LIVE Fund, managed by GO BIG Partners.

This fund, with an initial financing of €6 million out of a target of €8 million, aims to support 36 B2B startups in their early stages, operating in sectors such as agritech, cleantech, biotech, healthtech, and cybersecurity. These investments aim to solve real and urgent problems, while stimulating innovation and providing sustainable solutions.

Néjia Gharbi, General Manager of the CDC, and Tarek Triki, Interim General Manager of Smart Capital, highlighted the importance of these initiatives in strengthening the Tunisian entrepreneurial ecosystem and positioning Tunisia as a major hub for startups globally.