Botswana Tech Fund Launches USD 64 M VC To Back Southern Africa Startups

The Botswana Tech Fund (BTF), a planned USD 64 M multi-stage venture capital vehicle, has launched to support tech startups across Southern Africa. The fund will invest from pre-seed to growth stage, beginning with an initial USD 6.4 M deployment, including USD 1.3 M earmarked for early-stage founders.

Structured as a partnership between venture capital operators and family offices, BTF has Launch Africa Ventures as investment adviser for phase one and Pula Investments as anchor investor.

The fund aims to leverage Botswana’s stable macroeconomic environment and growing digital ecosystem to back scalable startups across the SADC region. It has also partnered with the Botswana Innovation Hub to strengthen deal flow and provide infrastructure and ecosystem support.