Why Holocene raised a $3 million fund to solve Africa’s climate-tech exits

After raising $3 million to fund African climate tech startups, Josh Romisher thinks he can solve the sector’s biggest problem: the lack of exits. His approach has become popular among African tech investors: they write cheques at deliberately low valuations so as not to price out eventual buyers. Romisher, the general partner at Holocene, a South-African climate tech venture capital firm, said he has raised $3 million from 32 investors, 60% of them based in Southern Africa, and has deployed mos