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Botswana Tech Fund

Status
ACTIVE
Global HQ
Gaborone, Botswana
Countries of investment
  • Botswana
  • South Africa
  • Zambia
  • Namibia
  • Zimbabwe
  • Mozambique
  • Angola
  • Lesotho
  • Malawi
  • Tanzania
  • Mauritius
Investment stages
  • Pre-Seed
  • Seed
  • Series A
  • Series B
  • Growth
Industries
  • Technology-Enabled Businesses
  • FinTech
  • HealthTech
  • AgriTech
  • EdTech
  • E-commerce
  • Digital Services
  • Consumer Technology
  • MSME Finance
  • Insurtech
About
Botswana Tech Fund is a Gaborone-based venture capital fund focused on backing technology startups across Southern Africa. Their focus spans fintech, healthtech, agritech, edtech, and consumer technology across Botswana, South Africa, Zambia, Namibia, Zimbabwe, Mozambique, Angola, Lesotho, Malawi, Tanzania, and Mauritius. The firm supports African tech founders from pre-seed through growth stages.
Min check size
$135K
Max check size
$2.7M
Fund size
NPS

Investment Thesis

Botswana Tech Fund is a pre-seed to growth stage multi-stage venture capital fund deploying capital across technology-enabled businesses, fintech, healthtech, agritech, edtech, e-commerce, digital services, and consumer technology sectors. They deploy through three legs: pre-seed accelerator checks of $135K to 100 Southern African companies over five years, primary growth-stage investments of $670K-$2.7M, and secondaries buying out early-stage VCs from developed African companies. The firm differentiates itself as the first multi-stage venture fund focused on Southern Africa, leveraging Botswana's stable macroeconomic environment and partnership with Launch Africa Ventures.
Lead investor
Co Invest
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Manager's Experience

Founded in 2026 by Martin Davis (Co-founder, UK technology investor who chairs Bethnal Green Ventures) and Florence Bavanandan (Co-lead, Head of Platform and Operations at Launch Africa Ventures). Launch Africa Ventures serves as investment adviser, Pula Investments as anchor investor. Structured as multi-stage $64M vehicle with hybrid three-leg strategy: pre-seed accelerator, growth-stage investments, and secondaries. FCA-authorized through Thema Capital Limited.

Team

Martin Davis - Co-founder

Florence Bavanandan - Co-lead

Portfolio

Alpha Direct

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