Yango launches $20M venture fund to empower startups

Yango launches $20M venture fund to empower startups

Yango Group has launched Yango Ventures, a $20 million corporate venture fund aimed at supporting promising startups across LATAM, Sub-Saharan Africa, MENAP, and other high-growth regions. The fund will provide capital, expertise, and network access to help startups scale effectively and create sustainable impact within their communities.

“We’re more than a tech company; we are an ecosystem committed to empowering entrepreneurs worldwide,” said Daniil Shuleyko, CEO of Yango Group. “Through Yango Ventures, we’re sharing our expertise and network to help startups scale, thrive, and drive meaningful change. Our mission is simple: let people grow with us.”

Yango Ventures will focus on early-stage startups (Seed to Series B) operating in the O2O (Online-to-Offline), B2B SaaS, and FinTech sectors. While the initial fund is $20 million, the venture arm is designed for scalability, with plans to expand its capital as entrepreneurial ecosystems grow in these dynamic markets.

By investing in regions where Yango Group has a strong presence, Yango Ventures aims to accelerate digitalisation and stimulate economic development. The fund’s expert board includes a diverse team with deep experience in scaling B2B SaaS, fintech, mobility, AI, and consumer technologies globally.

Beyond funding, Yango Group is committed to fostering local innovation through networking events, educational partnerships, and skills-based initiatives. This initiative aligns with the company’s broader strategy to empower entrepreneurs and drive digital transformation across the globe.

 

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