Purple Elephant Ventures raises $4.5 million seed round to scale portfolio startups

Purple Elephant Ventures (PEV), which styles itself as the “world’s first tourism-focused venture studio,” has raised $4.5 million in seed funding. The Nairobi-based venture studio will use the funding to scale its portfolio of startups and launch new ventures focused on addressing the most pressing challenges in Africa’s tourism industry. 

The round saw participation from…