Prolific tech investor Michael Jordaan has announced two new ventures in to AI.
Former FNB chief executive and prolific tech investor Michael Jordaan has announced two new ventures, both focusing on artificial intelligence.
The company was founded by Jordaan, Nic Kohler, Willem Roos, and Roger Grobler, who have been working together in various forms for decades and investing together for the last eight years as founding investors in telecoms group Rain, and many others. Through AI Capital Partners, the AI Capital Fund VCC and its sub-funds have been incorporated in Singapore as an investment fund for institutional investors. The group intends to raise $200 million from institutions, Jordaan said.
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