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Acacia Venture Capital Partners' Fund II AGM Celebrates Its Continued Success

November 17th, 2023

Acacia Venture Capital Partners hosted its highly anticipated annual gathering for the LPs of Fund II. The event, held on 17th Nov 2023, marked a moment of celebration as Acacia highlighted its impressive IRR and introduced new investments made throughout the year.

The evening commenced with a captivating presentation by Acacia's CEO, Edmond “Ed” Hui, who introduced the investment strategies and fund highlights of Fund II. With his expertise and deep knowledge of the industry, Ed shared valuable insights about the firm's vision and approach to selecting promising start-ups. His presentation shed light on the rigorous due diligence process and meticulous analysis undertaken by Acacia to identify breakthrough technologies and potential market disruptors.

His comprehensive overview of Fund II’s performance reassured investors of Acacia's commitment to delivering exceptional returns and solidifying their trust in the firm's investment strategies.

The standout moment of the evening was the introduction of Eden Care by its founder, Moses Mukundi, who joined the gathering via Zoom. Eden Care, a revolutionary digital insurance startup in Rwanda & Kenya, caught the investors’ attention, with its innovative solutions aimed at transforming health insurance in Africa. The presentation gave the attendees valuable insights into Eden Care's vision and the potential impact it can have on the insurance industry in Africa.

The event was not just limited to introductions and presentations; it also provided a platform for investors to engage in meaningful dialogue with the Acacia team. The guests posed insightful questions about the new investments, further solidifying their confidence in Acacia's investment strategies. The interactive discussions showcased the depth of knowledge and experience of the Acacia team, leaving the attendees impressed and reassured about their investments.

In addition to the engaging discussions, the event also offered a delightful culinary experience. The guests were treated to a delectable array of gourmet Peruvian food and fine Italian wines, creating a relaxed and enjoyable atmosphere. The combination of excellent food, exceptional wines, and stimulating conversations added to the overall success and festive ambiance of the gathering.

As the evening progressed, the atmosphere was filled with excitement and anticipation for the future. The event served as a platform to celebrate the remarkable achievements of Acacia Venture Capital Partners in 2023. The success of Fund II, with its impressive returns and the addition of new investments, was a testament to the firm's commitment to selecting groundbreaking ventures and delivering high returns to investors.

Acacia Venture Capital Partners looks forward to the continued growth and success of its portfolio companies, as well as the ongoing support and collaboration of its esteemed investors. The annual gathering served as a reminder of the collective ambitions and shared vision that will drive the firm's future accomplishments.

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