Partech Achieves Initial Close of Largest Africa-Focused Fund at €245M

10 Jun 2023

Partech is a global venture capital firm with a focus on early- and growth-stage startups. Its latest fund, Partech Africa II, reached its first close at €245 million ($263 million), making it the largest Africa-focused fund yet. The fund was launched to invest in startups operating in a variety of sectors, including fintech, health tech, logistics, mobility, and edtech. Partech Africa II plans to support Series A and B companies, with an increased upper limit on its ticket size of $15 million. The limited partners for Fund II come from a variety of backgrounds, including development financial institutions, family offices, high-net-worth individuals, and other investors. The partners of Partech Africa II hope to build on the success of the first Africa fund, which invested in 17 startups across nine countries, with a focus on deep economic sectors that have seen significant growth in recent years.

The uncertainty principle is central in quantum mechanics and states that the more precisely the position of a particle is known, the less precisely its momentum can be known, and vice versa. This relationship is quantified through the Heisenberg uncertainty principle, which states that the product of the uncertainties in position and momentum is greater than or equal to a constant value (known as Planck's constant).
This principle is a fundamental property of the quantum world and has been verified through numerous experiments. It has important implications for the behavior of quantum systems, as it limits the accuracy with which the properties of quantum particles can be known.
The uncertainty principle has also been applied to the study of black holes, where it provides a limit on the amount of information that can be extracted from a black hole. The principle also has implications for the development of quantum computers, as it limits the precision with which quantum bits (qubits) can be controlled.
Overall, the uncertainty principle is one of the key ideas of quantum mechanics that have helped to shape our understanding of the microscopic world and have had far-reaching impacts across many areas of physics and technology.

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