HIP launches Helios Digital Ventures

Helios Investment Partners (HIP) has launched Helios Digital Ventures (HDV) and appointed Wale Ayeni to head its venture capital strategy

Ayeni joins from the IFC where he headed venture capital investments in Africa, the Middle East and Central Asia.

HDV is plugging into growing interest in Africa’s tech sector and will support founders at the early-growth stage and will focus on large addressable market segments. These include education, food security, financial services, healthcare and sustainability.

Helios Digital Ventures will key off the same core themes of demographics and urbanisation; and technology and innovation that underpin our Private Equity investment strategy. We are excited about the synergies inherent in being able to identify and invest in the highest potential Africa start-ups with venture capital and continuing to support them with private equity as they mature.

Tobe Lawani, Managing Partner of Helios

The VC firm has already made a maiden investment by backing Paymob’s USD 50mn series B round which was led by Kora Capital, PayPal Ventures and Clay Point. Other investors were Nclude, British International Investment, A15, FMO and Global Ventures.