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Seedstars launches platform to support VC managers in the Middle East and other emerging markets

Seedstars launches platform to support VC managers in the Middle East and other emerging markets

Seedstars launched Seedstars Capital, an investment platform for emerging venture capital (VC) fund managers in partnership with xMultiplied, a Swiss-based investment holding company.  

The platform partners with emerging and diverse managers with local expertise and unique strategies and provides them with the necessary resources to launch new funds and develop their investment firms.

With this platform, Seedstars expects to drive over $500 million of new funding into emerging and diverse managers, and create more than 10,000 new jobs.

“We believe the venture capital industry needs to be more open and inclusive and we find highly talented managers across emerging markets. Unfortunately, most lack the scale and resources to attract institutional limited partners and depend on local funding to deploy their strategies and create the impact they long for. For limited partners, the growing number of new managers makes it difficult to identify the best-performing and most impactful strategies. By pooling their assets and bringing them under our community, we can accelerate the growth of rising managers while offering limited partners the visibility and investment vehicles they need to increase their allocation to the asset class,” Benjamin Langer, Partner of Seedstars Capital, said.

The platform also works with Seedstars Africa Ventures, a regional-focused fund to back companies in the African continent.

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