Views on venture debt

Views on venture debt

05 Dec 2023|SuperReturn
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Franziska RehFranziska RehCEO & Founder at Uncap - Unconventional Capital

Franziska Reh, born 1988, is the CEO & Co-Founder of Uncap GmbH, a German fintech focusing on early-stage investing in Africa. Franziska holds a BSc in Business Administration from Frankfurt School of Finance and Management as well as an MSc in Global Sustainability from the Rotterdam School of Management. She is also a certified bank clerk. Franziska started her career at Deutsche Bank in 2008, where she spent 5 years in different positions within commercial banking as well as an executive assistant to the CEO of Private & Business Clients. After her masters she gained 3 years of experience as a consultant at Accenture Strategy & Sustainability working with governmental clients and public companies around circular economy, digital sustainability and strategy. During a 1-year secondment as a project manager at the World Economic Forum, Franziska set-up and led large multi-stakeholder initiatives fostering cross-sector collaboration. Since 2019, Franziska is the CEO & Co-Founder of Uncap, a fintech revolutionizing access to funding for early-stage entrepreneurs in sub-Saharan Africa. Uncap raised an undisclosed 7-figure funding round to test it’s datadriven, automated and remote investment platform and so far invested in 27 entrepreneurs in 8 different countries. Over the next 10 years, Uncap wants to invest 1 billion in 50,000 entrepreneurs. Franziska currently lives in Munich.

Khumo MokoneKhumo MokoneInvestment Manager at UCT Research Contracts & Innovation

Khumo is an investment manager for the UCT private equity innovation office, where he has devoted his practice to sourcing, and securing profitable investment opportunities by commercialising intellectual property through licensing & venture creation.

Khumo currently manages the UCT Pre-Seed, Seed and Evergreen Funds which hold equity in 15 portfolio companies in the renewable energy, medical devices, and biomedical sector.

He is also a member of the University of Cape Town Retirement Fund Investment Committee and is a seasoned investment professional with +10 years of expertise in alternative investments, asset allocation, and consulting

Mike MompiMike MompiCo-Founder & Managing Partner at Enza Capital

Mike is a coFounder and Managing Partner at Enza Capital. He is an experienced venture investor and entrepreneur focused on high-growth technology businesses solving problems across Africa, and he is a Kauffman Fellow (KF 2😎. Mike has worked across 4 continents and sits as a Director on the boards of multiple venture-backed technology companies across East, West, and South Africa.

Prior to launching Enza Mike was an Investor at the Global Innovation Fund where he focused on venture-stage investing in African tech companies. Mike previously built and ran the early-stage investment business at ClearlySo, a venture-backed Impact Investment Bank in London, and he is a coFounder of the Accra Angel Network. Mike has broad entrepreneurial experience as an angel-backed coFounder of a youth-focused online-banking platform in the UK, a coFounder of the UK office of the now global MakeSense, and the Founder of two home services businesses while in University. In addition to venture capital Mike has public equity experience as a buy-side investor at a $4bn+ Asset Management firm within Credit Agricole.

Mike holds degrees in Economics and Communications from the University of California, Davis. He is an avid tennis player, skier, sailor, and painter. Mike is a Trustee at the Treebeard Trust, a social investor that supports transformational initiatives creating a fairer society, and he is a Trustee and co-founder of the Black Global Trust, a vehicle supporting black advancement at scale. Mike lives in Nairobi and spends his time across Africa, Europe, and the US.

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Description

How to capitalise on this innovative form of financing amidst rising risk perceptions. Is it suitable for everyone? What criteria must investors pay most importance to? How is venture debt drawing founders looking for flexibility and business ownership in Africa?

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