Press Release: ODBA VC Celebrates 1 Year Anniversary And $2Million Investment In African Start-ups

ODBA VC, a venture capital investment firm that invests in early-stage start-ups in Africa, with a focus placed on founders who have created, operated, and scaled companies is celebrating its first year of operation.

Founded by Gbite Oduneye in 2021, the company recently released a summary of their their first year of operation. In a release titled “2021 in Review”, ODBA announced that in their first year of operation, ODBA VC has:

• Backed 12 portfolio companies.

· Participated in 14 funding rounds (includes 2 follow-on investment rounds

• 30% led by women.

• Deployed $2 million.

·

“a huge thank you to the entire ecosystem, founders, operators, VCs…2021 was a record fundraising year globally and we expect that to continue in 2022.”

Gbite Oduneye, Founder

ODBA VC is one of GetFundedAfrica’s partners where GFA supports with deal origination and startup evaluation

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