FAQs

Find answers to common questions about Botswana Tech Fund, our investment approach, and how we work with founders, investors, and partners.

About The Fund

What is your investment thesis?

What sectors do you invest in?

Which countries in Southern Africa do you cover?

What is this fund and what is your mission?

Stages & Investment Structure

What does a pre-seed investment look like?

What is the accelerator / investment readiness programme?

What does a Seed or Series C investment look like?

How much do you invest at Seed and Series C?

Why do you do secondary investments?

Do you do follow-on investments?

What happens if I don’t complete the accelerator or miss milestones?

What stages do you invest at?

What We Look For

What do you look for in the business?

Do you invest in pre-revenue companies?

Do you invest in businesses where the founding team is not based in Southern Africa?

Do you invest in businesses outside of technology?

What do you look for in founders?

The Application Process

What should we include in our application?

How long does the application and investment process take?

What happens if we are not selected?

Will you sign an NDA before reviewing my application?

How do we apply?

Ownership & Terms

What instruments do you use?

Do you take a board seat?

Do you have pro-rata rights?

How much equity do you take?

Portfolio Support

What support do you provide beyond capital?

Do you help portfolio companies raise future rounds?

For Investors (LPs)

What is the minimum LP commitment?

How is the fund structured?

How do you report to LPs?

Who can invest in the fund?

General

Do you invest in businesses that have already raised from other investors?

How do I get in touch?

Are you open to co-investment?

Building the next generation of African technology companies

Building the next generation of African technology companies

Building the next generation of African technology companies

Botswana Tech Fund is a multi-stage venture capital fund investing in technology companies across Southern Africa.

Botswana Tech Fund is a multi-stage venture capital fund investing in technology companies across Southern Africa.

Botswana Tech Fund is a multi-stage venture capital fund investing in technology companies across Southern Africa.