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Swedish Unicorn Founders Rally Behind New Africa Impact Fund - Bloomberg

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A who’s who of Swedish tech founders and chief executives have committed finances to a new impact fund focused on supporting entrepreneurs in Africa.

The equity growth fund, Norrsken22, has completed its first close at $110 million and included among its backers are 30 founders of so-called unicorns, companies that have achieved a pre-market valuation of at least $1 billion.

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Swedish Unicorn Founders Rally Behind New Africa Impact Fund - Bloomberg
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