Serena Ventures, the venture capital firm founded in 2014 by tennis star Serena Williams, has just invested in another Nigerian startup – growing her portfolio of African tech firms.
This latest investment comes just a few weeks after Serena Ventures led a funding round for Ugandan fintech Numida. It has also invested in crypto firm Nestcoin and job placement company Andela, one of Africa’s unicorns
In an interview with Inc., Williams said she intended to put more money into African companies, saying: “I’m a big believer in having Black people invest in Africa. … That’s really important to me.”