Venture capital firm Rise Capital is aiming to secure $146 million right now. The news is based on a recent document filed with the Security and Exchange Commission (SEC), according to VentureBeat.
The American firm wants to support startups based in Africa, South America, and other emerging markets. Rise Capital had already invested in a handful of startups such as Sub-Saharan Africa's on-demand TV firm iROKOTV and Chilean online comparison service Comparaonline, the report stated.
