Investing in Innovation
Welcome to Conducive Capital, a South African majority black-owned venture capital firm with a vision for the future. We are committed to investing in early and growth-stage tech entrepreneurs who are tackling Africa’s challenges and shaping the world with disruptive technologies. With a focus on sectors like FinTech, EdTech, HealthTech, AgTech, and Supply Chain, we support visionary ventures that leverage innovation such as AI, ML, and Generative AI. Our hands-on approach, proven track record, and diverse team make us the ideal partner for startups seeking strategic guidance, industry expertise, and a vast network. Join us on this journey of financial returns and positive social impact.
Growing Wasabi In Africa
When one thinks of Africa, the word fertility comes to mind. Just randomly tossing a seed anywhere will result in something growing. This is not true with wasabi. Wasabi cannot grow in Africa. Wasabi is a notoriously difficult plant to cultivate, requiring very specific conditions – and that’s where we take our inspiration. Much like the rare and precious nature of wasabi, Conducive Capital specialises in identifying and nurturing unique and valuable opportunities in the South African and African markets that may be overlooked or underestimated by others. Wasabi plants also require meticulous care and attention throughout their growth cycle – like the hands-on support and guidance we provide to start-ups and entrepreneurs we fund, helping them navigate challenges and grow sustainably. Cultivating wasabi requires patience, perseverance and resilience in the face of setbacks. In Africa, we are no strangers to any of those. That’s why we’re perfectly placed to support African entrepreneurship, despite the challenges and uncertainties inherent in the market. Wasabi is renowned for its distinctive flavour profile, which sets it apart from other condiments. Likewise, Conducive Capital seeks out and invests in ventures that offer unique value propositions and disruptive solutions to address the diverse needs of African markets. Finally, with wasabi, the journey is just as important as the destination, which is why we are committed to building lasting relationships, fostering sustainable growth, and creating meaningful impact as we work to empower the next generation of entrepreneurs and venture capitalists, and create the conditions for an environment conducive to growing companies.
Conducive Capital (“CC”) is a newly formed majority black owned South African Venture Capital Company investing in disruptive technologies that are post revenue early and growth stage entrepreneurs that have the potential to scale their business locally and globally.
The fund aims to raise their first close in July 2024 at ZAR 300 million with a target final close of ZAR 1 billion. The fund seeks to improve diversity in the early stage investment sector as well as develop the next generation of Black VC’s. There is strong demand for quality capital to support emerging business in South Africa, with the deployment of early and growth stage capital.
The team have collectively invested over ZAR 300 million in early-stage funding globally with an IRR of > 30% during the last 7 years
The Founding Partners, Clive Butkow and Mitchan Adams, are two experienced professionals that have a track record of investing in some of South Africa’s leading entrepreneurs