TLDR:
- Clive Butkow’s new venture capital firm, Conducive Capital, aims to create tech unicorns in South Africa and across Africa.
- The firm is looking to raise a fund of R1 billion for tech start-ups.
In the latest tech news, Venture capitalist Clive Butkow has launched a new venture capital (VC) firm called Conducive Capital, with ambitious goals of creating tech unicorns in South Africa and across the African continent. The firm is currently focused on raising a fund of R1 billion to support innovative tech start-ups.
Clive Butkow, a seasoned entrepreneur and investor, brings extensive experience to Conducive Capital, having previously co-founded multiple successful businesses. With a strong track record in the tech industry, Butkow is well-positioned to identify and support promising start-ups with the potential to become market leaders.
Conducive Capital’s strategy is to provide not only financial resources but also strategic guidance and industry connections to help tech start-ups scale and succeed in the competitive market. By fostering a supportive ecosystem for entrepreneurship and innovation, the firm aims to drive economic growth and technological advancements in South Africa and beyond.
By focusing on sectors like fintech, health tech, and e-commerce, Conducive Capital seeks to identify disruptive technologies and business models that have the potential to transform industries and generate significant returns for investors. The firm’s long-term vision is to have a positive impact on the tech ecosystem and position African tech companies as global players in the market.
