Through the Development Equity Fund investment mandate, Futuregrowth has been investing in early-stage businesses for over eight years and has established a strong track record. Our diverse Venture Capital investment portfolio is made up of a range of high-growth early-stage tech businesses.
Investment Thesis
We source innovative startup businesses that are driven by excellent teams in need of capital and help them grow to the next level. We look for start-ups that offer disruptive technologies in growth markets.
Investment Approach
Our approach is centered around six key principles, with strong emphasis on management quality:
- Competitive Moat
- Developmental Impact
- Attractive Market
- Post-revenue
- Strong Management Team
- Scalable business
Fund Snapshot
- The Fund will be a closed-ended, limited life fund.
- 4-5 year draw period, with 5-6 year payback period.
- Targeting R1 billion of Committed Capital.
- Indicated fee: 2% on committed capital + 20% incentive (cash-on-cash returns) above base return.
- The early-stage fund will be a warm-start, with no asset transfers from the Development Equity Fund.
- The Fund will be managed alongside all other Futuregrowth Funds, in the Futuregrowth ecosystem.
Interested in investing in this Fund?
Contact: Maseabi Marageni, Head: Business Development
E: mmarageni@futuregrowth.co.za
Want your business to be considered for funding?
View our funding criteria here.
E: businessfunding@futuregrowth.co.za

Investing now to build the future we want.