The firm betting $100 million to build startups, not just fund them
- Trium is investing $100 million over the next five years to build startups from scratch rather than just funding existing ones.
- The venture builder employs a pretotyping method to test market demand before significant investment.
- Trium has built six ventures so far, including Clane, Sparkle, and Fiducia, and has exited one payments business.
Trium's innovative approach to venture building in Africa could significantly reshape the startup landscape by providing not just capital but also operational support. This model may lead to more sustainable businesses and a healthier ecosystem for founders, especially if it successfully attracts diverse talent and adapts to local market conditions.
