Weekly DigestMay 1, 20260

OneBio Secures $6 Million First Close for African Biotech Fund

OneBio Venture Studio has raised 100 million rand ($6 million) in a first close of its second fund, as the South Africa-based investor bets on the long-term potential of Africa’s underdeveloped biotechnology sector. The firm is targeting a final close of 300 million rand by mid-2027, it said, as it

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OneBio Secures $6 Million First Close for African Biotech Fund

Source: TechMoran  ·  Kenya

OneBio Venture Studio has raised 100 million rand ($6 million) in a first close of its second fund, as the South Africa-based investor bets on the long-term potential of Africa’s underdeveloped biotechnology sector. The firm is targeting a final close of 300 million rand by mid-2027, it said, as it …

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Part of the Africa Dev Week of May 01, 2026 weekly digest.