Future Build Venture Fund 1

We’re a pre-seed to seed venture fund in South Africa which backs scalable African, technology-driven start-ups.

Fund Focus

The fund focuses on investing in:

TECHNOLOGY SOLUTIONS:
The focus is on start-ups at the early stage (post-revenue) / proof of concept stage - with our primary aim centered on supporting high-tech start-ups in the enterprise space (B2B or B2B2C) with strong competitive advantage, defensible market position and/or protectable IP.

UNDER-REPRESENTED FOUNDERS:
TThe fund allocates at least 50% of the portfolio to majority-owned black-founded ventures, and no less than 25% to women-founded ventures.

1

Innovative South African-based start-ups (with potential to expand into African & global markets);

2

at the early stage of growth;

3

earlier to market
 

4

with a strong concept & identified market potential;

5

and typically, at non recurring/ prerevenue stage.

Value - Add

UNIQUE ACCESS TO DETALS

Network of under-
represented founders
across South Africa & rest of Africa

Access to ecosystem
(accelerators / venture
studios, other VCs)

SMART CAPITAL
STRUCTURING & EXPERTISE

Financial and investment expertise across African
markets

Deal structures include
Grant funding(where appropriate) to de-risk
investment

NETWORK OF ADVISORS

‍‍

Future Builders Advisor
Network provides portfolio support


(Professionals, Experts,
successful founders & Corporates)

DEEP EXPERIENCE BUILDING TECH VENTURES

Extensive experience scaling tech business & venture building in South Africa and into Africa

Hands on support to founders - incl.. strategic, governance operational
guidance

Strategy

Sector Focus

Heath Tech

Promoting accessibility to healthcare

Fine Tech

Financial including drive solution

Clean/Green Tech

Energy saving technologies & just transition energy solutions

Ed Tech

Investments in technology driven education solutions

Food Tech

Agrifood innovations (production to distribution) of products, distribution, marketing & business model improvements

Software & Digital Solutions

Tech across industry (e.g. advanced manufacturing, mining innovation)

Criteria

Growing market / population & favourable socio-economic demographics

Deep & wide moat, strong leadership and deep sectors experience

De-risked Regulatory pathway & climate action considerations

Our Team

Thoriso Rangata

General Partner

  • Founder of KTO Digital.
  • Co-founder Future Build Ventures.
  • Formerly Compliance Manager at T-System.
  • Formerly Head of Digital at Summit Financial Partners.
  • 2022 Nedbank Business Ignite Winner.

CHI CHI XU

General Partner

  • Founder of Thetha Digital - an EdTech / educational content development agency.
  • Co-founder Future Build Ventures.
  • 15 years experience in business development,brand activations,business mentorship.
  • Serial entrepreneur since 2012 with a passion for working with tech startups.

Thabo Ncalo

General Partner

  • 20 years investment management in South Africa and across Africa.
  • Venture Capital Fund of Funds Manager; Housing Infrastructure & Tech Fund; experience in equity investing and co-founder of various startups / angel investments.
  • Experience: Investec Asset Management, STANLIB Asset Management, Old Mutual.

Contact Us

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