Anza Capital Fund II Launches

African venture capital (VC) firm Anza Capital has announced the launch of its second fund, Fund II, in the United States (US). The initiative aims to reconnect the African diaspora in the US with Africa’s thriving startup ecosystem.

Fund II offers a channel for US-based investors looking to support socially conscious startups. The fund will target early-stage to Series A African startups that are building scalable technology solutions to address global challenges and create sustainable impact.

In tandem with the launch, Anza Capital has appointed Robert E. Williams to its board of directors. Williams, a US-based executive with experience in scaling global businesses, will focus on strengthening Anza Capital's investment and strategic partnerships between the US and South Africa.

“Africa is rich in talent, natural resources, and a significantly growing population that is increasingly digital-first. What’s missing is scaled access to capital, global markets, and this differentiating concept of inspired American advocates with the African diaspora connection,” Williams noted. “Anza Capital is well positioned to unlock global growth by backing African founders solving global problems. I take immense pride in being part of the solution.”

Founded in 2009, Anza Capital invests in early-stage African startups across various sectors including food-tech, clean-tech and digital-tech. The firm operates through an African LP/GP structure based in Johannesburg and a U.S. syndicate structure registered in Delaware. It is also a juristic representative of FyreFem Fund Managers.

To date, Anza Capital has backed 14 startups and completed over 130 transactions.

“While Africa holds one of the world’s largest untapped entrepreneurial markets, it receives a fraction of early-stage venture capital. Through our Fund II, U.S. investors can diversify into high-growth, high-impact companies while benefiting from our local networks, robust diligence model, and track record of significant growth across our portfolio,” concluded Audrey Verhaeghe, CEO of Anza Capital