Afore Capital raised $185 million and launched a program to find startup ideas
Author - Mansur Ismagulov
The Tech AI
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Afore Capital has raised $185 million for a new fund and launched the Founders-in-Residence program. The company plans to invest in 35–40 startups and support 50–75 founders, offering investments of up to $2 million. The pre-seed 2.0 approach focuses on creating innovative products without the pressure of rapid growth.
Afore Capital, an investment company specializing in pre-seed stages, has raised $185 million for a new fund and launched the Founders-in-Residence program, helping entrepreneurs discover startup ideas.
Afore plans to invest in 35-40 companies and support 50-75 founders through its FIR program, offering flexible investments. The company's new approach, called pre-seed 2.0, targets both established startups with investments up to $2 million and entrepreneurs who have not yet defined their concept.
Unlike traditional accelerators, Afore helps founders develop ideas without pressure for rapid growth, focusing on creating innovative products.
Source: TechCrunch
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