Oakvale Invest launches AI-focused pre-seed fund

Oakvale InvestDealroom has a profile for this one. Try Dealroom → has launched an AI-focused pre-seed fund and made its first portfolio investment, backing South African startup TennsaDealroom has a profile for this one. Try Dealroom → with more than ZAR1 million (about $61,000). The fund targets AI startups across Africa, particularly companies raising at the pre-seed stage.

The investment points to growing interest in practical AI software for small and medium-sized businesses, including tools that connect existing business systems and surface operational insights.

Read more: TechBuild Africa