Pakistani startup accelerator Invest2innovate is launching a $15 million fund by the name of i2i Ventures.
The fund will be anchored by the Dutch Good Growth Fund, a Dutch government fund-of-funds targeting frontier markets and is the first such fund by the accelerator in Pakistan.
A few days ago, Sarmayacar, a venture capital firm based in Pakistan, also launched a $30 million fund dedicated to investing in local startups. These developments show a strong interest from investors in the local industry and provide a very positive outlook for budding entrepreneurs.
This is a developing story. TechJuice has reached out to invest2innovate and we will update this article once we have more information.
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