startups

Ampion, Plutos Ventures To Fund African Startups With Seed Capital – Leadership Newspaper


Africa-focused Ampion and Berlin-based Plutos Ventures Holding yesterday announced the founding of Ampion Ventures to build scalable digital business models in selected African countries by providing seed capital and strategic expertise support.

Plutos Ventures would provide Ampion Ventures with its first seed financing.  Ampion Ventures is led by Fabian-Carlos Guhl, founder of the non-profit organization, Ampion.org. Guhl has been working for years on the African continent with founders and early-stage startups.

Through his very successful startup bus, with which he has travelled through more than 16 African countries and coached and supported founders in the development of digital business models, Guhl has been able to build up a large network of founders and start-ups in different African countries. Together with Plutos, Ampion is now taking the next logical step to build digital business models in Africa.

“With Ampion it was our mission from the very beginning to initiate technological development in the African continent and thus contribute to the well-being of the African people and the continent’s economic development. Now is the right time to further develop our model and scale selected business models. With Plutos Ventures, we are pleased to have an experienced investor on board who will support us strategically in addition to providing capital,”he said.

Fabian-Carlos Guhl, managing director, Ampion Ventures GmbH, said, “With Ampion and the start-up bus, Fabian and his team have demonstrated how strong their network is on the African continent and how immensely the will to found start-ups is there. Now, it is a matter of establishing true digital business models to support the development of the African economy.”

Oliver Riebartsch, managing director, Plutos Ventures GmbH, said Ampion supports over 80 startups in 16 African countries.

Over the past six years, Ampion has supported over 80 startups in 16 African countries with the help of partners such as MTN, SAP, Merk, Microsoft and international development cooperation institutions.



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