Tofino Capital closes the first round of a $10 million fund to assist African startups

Tofino Capital closes the first round of a $10 million fund to assist African startups

Tofino Capital has announced the first close of its $10 million funding round, with a goal of completing the round in nine months. Tofino Capital, founded by Eliot Pence and Aubrey Hruby, invests in early-stage companies in venture scalable markets that are underserved or underfunded by venture capital. Among the companies in its portfolio are…