Founders Factory Africa rebrands to 54 Collective
Founders Factory Africa rebrands to 54 Collective
The new name reflects the firm's pan-African vision.
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Venture capital firm Founders Factory Africa has announced its name change to 54 Collective.
The new name, 54 Collective, reflects the firm's pan-African vision, aspiring to help entrepreneurs grow their businesses to serve all 54 African countries.
54 Collective invests in ventures from idea to Pre-Series A stage by offering catalytic capital, and value-add support through its Venture Success Platform.
“Our catalytic capital and value-add support to founders, through our Venture Success Platform, signifies our evolution and ongoing mission to support entrepreneurs across Africa and enable them to build without boundaries to drive commercial and impact returns. Our name change to 54 Collective communicates our continued commitment to African founders. We are more supportive than ever of unlocking opportunities for entrepreneurs and ensuring a level playing field for youth and women founders,” commented 54 Collective CEO, Bongani Sithole.
The firm has evolved from investing only in the agtech, fintech, and healthtech sectors to being sector-agnostic in its investments, supporting more founders across many sectors on the continent.
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