Utopia Capital
About
A venture capital firm associated with AFV, raising concerns about potential conflicts of interest among key executives.
News published about Utopia Capital
AllTrendingFundingAgriTechArtificial Intelligence (AI)CleanTechCryptoE-commerceEdTechMore categories
“Mastercard Foundation’s agreement was not terminated due to a breach,” Bongani Sithole, 54 Collective’s CEO
TechCabal - Jul 22, 2025
54 Collective, an early-stage venture studio, shut down in February 2025, laying off over 40 employees. Mastercard Foundation withdrew funding due to concerns over 54 Collective's rebranding and potential conflicts of interest.
54 CollectiveMastercard FoundationUtopia CapitalAfrica Founders Ventures (AFV)Deloitte
Comment
✨

Hadu Sherpa NEW

Your personalized Africa tech guide

Hand-picked news, events, startups, and people curated specifically for your interests — delivered to your inbox and available anytime.
Learn more

Join Discussions

Leverage the Hadu community to get answers and advice for your most pressing questions about Africa Tech.