News > Tourism-focused startup studio, raises pre-seed funding

Tourism-focused startup studio, raises pre-seed funding

07/10/2022 04:03 PM | Click to read full article

A Kenya-based venture studio with a focus on tourism, Purple Elephant Ventures (PEV), has raised $1 million in pre-seed funding to build the next generation of startups that use technology to modernize the tourism sector.

The venture studio plans to build about four startups at the intersection of tourism, climate, and technology, every year.

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