Seedstars International Ventures has announced the launch of a platform called Seedstars Capital in partnership with Swiss-based investment holding company xMultiplied to help new fund managers around the world launch funds and develop their investment firms. Seedstars Capital partners with emerging and diverse managers with local expertise and unique strategies and provides the necessary resources to launch new funds and develop their investment firms. At the same time, it becomes the catalyst for investments in these early-stage firms by providing investors with a diversified allocation solution to the asset class within emerging markets. The Seedstars Group has provided different entrepreneurial programs to support various stakeholders, especially tech entrepreneurs, since its inception almost a decade ago. Last year, it launched Fund II with Patricia Sosrodjojo, which the IFC, the Rockefeller Foundation, Visa Foundation and Symbiotics, and other investors are now backing. Earlier this year, Seedstars set a goal of investing in 100 more startups with the launch of its second emerging market seed-stage fund, Seedstars International Ventures II (SIV). Read also: Zenith Bank partners Seedstars to launch nationwide pitch competition for Nigerian startups In the same vein, xMultiplied was founded to back entrepreneurs, family enterprises and ultra-high-net-worth individuals seeking to scale up their businesses. It accelerates the growth of entrepreneurs by bringing together capital, relationships and functional skills. In a statement seen by TechNext, Benjamin Langer, Partner of Seedstars Capital, said, “We believe the venture capital industry needs to be more open and inclusive, and we find highly talented managers across emerging markets.” “Unfortunately, most lack the scale and resources to attract institutional limited partners and depend on local funding to deploy their strategies and create the impact they long for. For limited partners,, the growing number of new managers makes it difficult to identify the best performing and most impactful strategies.” “By pooling their assets and bringing them under our community, we can accelerate the growth of rising managers while offering limited partners the visibility and investment vehicles they need to increase their allocation to the asset class.” Vivek Chandaria, Managing Partner at xMultiplied shares, “We partnered with Seedstars given our common vision of creating wealth with positive impact across emerging markets. Providing outstanding new and diverse managers the possibility to execute on their strategies will fuel economic growth while achieving market investment returns”. Read also: Nigerian startup, SafenowNG comes 2nd in Seedstars competition, wins $8,000 In an email to TechCrunch, Seedstars Group co-founder and Seedstars Capital managing partner Michael Weber and Seedstars Capital partner Benjamin Langer reiterated that the company’s mission is to impact people’s lives in emerging markets through technology and entrepreneurship.” “We’ve seen so many talented entrepreneurs grow their companies very fast, to the standard of the U.S. or Europe, but unfortunately too many struggle to raise capital to grow even faster. To continue our mission to support them,” Seedstars is now supporting the next generation of VC fund managers in emerging markets that will then back those promising entrepreneurs.” The goal of Seedstars Capital The primary objective of Seedstars Capital is to help startups in Asia, Africa, and South America with countries like Brazil, Nigeria, Indonesia and India. It is looking for funds that target pre-seed to Series A companies since that is where they see the most significant funding gaps and potential. Seedstars Capital will help emerging VC managers solve challenges like access to international funding, infrastructure, and the right community of people. These are critical components of building a brand that will allow managers to attract the best t...