Friday, March 21, 2025
Yango Group, a global leader in advanced technology, has unveiled Yango Ventures, a corporate venture fund aimed at driving the growth of emerging startups in Sub-Saharan Africa, LATAM, MENAP, and other high-potential regions where the company operates. The fund’s mission is to cultivate local innovation and entrepreneurship by offering both financial support and access to Yango’s vast expertise and network. Through this initiative, Yango Ventures seeks to empower startups to scale and create lasting, positive impact within their communities.
“We’re more than a tech company; we are an ecosystem committed to empowering entrepreneurs worldwide. At Yango Group, we believe that technology is not just about innovation — it’s a catalyst for tangible progress. Through Yango Ventures, we’re sharing our expertise and network to help startups scale, thrive, and drive meaningful change in their communities. Our mission is simple: let people grow with us. By supporting local talent with the right tools and resources, we aim to foster sustainable business growth and contribute to resilient, inclusive economies across the globe,” said Daniil Shuleyko, CEO of Yango Group.
A Fund Driving the Growth of Tech Startups
Yango Ventures is dedicated to supporting early-stage tech startups, ranging from Seed to Series B, within the O2O (Online-to-Offline), B2B SaaS, and FinTech sectors. With an initial fund of $20 million, Yango Ventures is designed to scale, with plans to expand its capital base in response to the flourishing entrepreneurial ecosystems in high-growth markets. The fund aims to foster tech-driven solutions across Africa, promoting digitalization and driving economic growth on the continent.
The advisory board of Yango Ventures consists of a diverse group of experts with deep experience in transforming B2B SaaS and B2C technologies into impactful services across various global industries. This team has a proven track record in developing and scaling platforms and products in sectors such as mobility, entertainment, fintech, AI, and more, both within the company and through external ventures.
Adeniyi Adebayo, Chief Business Officer of Yango Group added: “Africa has immense entrepreneurial potential, and we want to contribute to this momentum by providing resources and a strategic network. Our goal is not just to invest, but to be a true partner, helping startups navigate the challenges of scaling and building sustainable businesses that create lasting value for their communities.”
A Global Vision with Local Impact
Yango Ventures is an integral part of Yango Group’s wider strategy to empower entrepreneurs and accelerate digital transformation worldwide. By blending advanced technology, business expertise, and a strong dedication to local ecosystems, the company creates sustainable growth opportunities in diverse markets. Beyond providing funding, Yango Ventures is deeply committed to supporting local communities in African markets through networking events, mentorship programs, and partnerships with educational institutions. Initiatives such as Yango Education, Yango Fellowship, and urban mobility Hackathons help equip future innovators with valuable skills and hands-on experience.
