About Tukio Capital
Our Aim
We are an Africa Based Venture Capital fund,
we aim through our deals to solve three problems:
a)Solving the missing middle funding gap in Africa’s Seed to Series A investing landscape.
b)Solving the funding gap for ventures that are focusing on solving Africa’s most pressing challenges.
c)Generally, we aim to exit deals in 5-7 years.
How we Invest
- The fund invests businesses that focus on solving Africa’s most pressing issues relating to people and planet. Ventures should ideally have a tech component as we look for scalable solutions within viable business models.
- Within our first fund, we aim to invest in a portfolio of approximately 40 startups for between $100k – $500k per investment on standardized terms. The approval process is between 1 and 2 months after agreeing to terms. Within this fund, we first source from our Southern, Eastern and Northern African networks. Secondly, we source from referrals of other VC firms that invest in Series A and B stages, as well as other feeder funds.
- We use the networks that we have gained from investing in and operating ventures throughout Africa, but with a strong focus on Southern, East and North Africa. Some of our focus countries include Egypt, Tunisia, Kenya, Rwanda, Malawi and South Africa.
- Our expertise ranges across multiple sectors, such as circular economy, healthcare, education, agriculture and BPO.
- The executive team of Tukio Capital are seasoned investors and entrepreneurs with strong networks
in impact investment, venture capital and angel investing in Africa, Europe and Asia. - We work with preferred local shared services businesses across the portfolio, including finance, marketing, IT and governance.
- We realise that not all companies are fully compliant with our requirements for investments, thus we work with Venture Builders and Incubators, to get these companies closer to investment readiness.
- Mauritius, Kenya and South Africa domiciled (51% local ownership, 49% owned by global)
- Global GPs form the Board of Tukio Capital
- Local Country Directors provide one board member and are Executive Directors of the local management company.
- Two global GPs serve as non-executive board members on each local management company board.
- Global GPs are part of the Reserved Matters Committee (RMC) in each county.
- Our Investment Committee has expertise across both business and impact economy
- LPs or their representatives are welcome to attend and advise
- An Advisory Board that represents the best in various sectors
- advise the Board as is necessary
- Meet informally once a year
- AGM votes on the strategy for the year