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Portfolio Investment Criteria
The criteria noted below apply to the Fund on a macro level and provide guidance on the portfolio construction.
| Geographic Focus | Companies originating in Southern Africa & Africa as a whole |
| Business Stage | Investments must be made into Pre-Seed &Seed |
| Transaction Size | R750000.00 ($50 000.00) — 037,5 million ($2.5mn) typical investment size fin syndicated rounds where possible) |
| Control Orientation | Minority or Significant Minority (8%-35%) with protections and controls |
| Investment Structures | Primarily Equity with cases of convertible notes where appropriate |
| Portfolio Balance | The portfolio is balanced primarily across sectors; taking into consideration sector specify risks |
The Technology, Innovation & Impact Fund is an early stage technology investment fund. This is a R250M fund.
Under this fund, we invest in pre-Seed, Seed and occasionally, at Series A investments where the business can show reasonable ability to attain at least R1.5 million ($100 000.00) in revenue in the near term.
We typically seek to make investments to the value of between R800 000.00 ($50 000.00) and R18 000 000.00 ($1 200 000.00) in single investment rounds.
The Fund invests, primarily in companies competing in the following sectors:
- Food (AgTech)
- Health and Safety (HealthTech & BioTech)
- Education (EdTech)
- Fintech & InsureTech
- Energy and Water (GreenTech)
- Mobility (Transport, Logistics & eHailing)
Portfolio:
