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Top 50 Artificial Intelligence Startup Investors in South Africa (September 2026)

The most active venture capital funds and angel investors investing in South Africa Artificial intelligence startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in South Africa Artificial intelligence startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Oui Capital
VC Fund
4 Nigeria, United States, Kenya Seed, Pre-Seed Financial Services, Finance, Apps $40k–$4.9M
Industrial Development Corporation
VC Fund
3 South Africa, Australia, Luxembourg Debt Financing, Post-IPO Debt, Series A Renewable Energy, Mining, Mobile $6M–$509M
Knife Capital
VC Fund
3 South Africa, United States, United Kingdom Series A, Venture - Series Unknown Software, Information Technology, Education $1M–$15M
Venture Capital Studio
VC Fund
3 South Africa Seed, Pre-Seed, Series A Information Technology, Venture Capital, Software Engineering $262k–$14M
Phillip Sebole Masango
Angel
3 South Africa Seed, Series A, Private Equity Information Technology, Software Engineering, Artificial Intelligence $700k–$14M
Operator Partners
VC Fund
2 United States, Israel, Canada Seed, Series A, Pre-Seed Software, Artificial Intelligence, Health Care $800k–$35M
HAVAÍC
VC Fund
2 South Africa, United States, Kenya Seed, Venture - Series Unknown, Series A Software, Health Care, FinTech $83k–$15M
SV Angel
VC Fund
2 United States, Canada, United Kingdom Seed, Series A, Series B Software, Artificial Intelligence, Internet $1M–$100M
Norican Group
VC Fund
2 South Africa Series A Software, Manufacturing, Machine Learning $6M–$10M
University Technology Fund
VC Fund
2 South Africa Seed, Grant Biotechnology, AgTech, Medical $467k–$5M
I’M IN
VC Fund
2 South Africa Seed, Pre-Seed Mobile Apps, Information Technology, Apps $40k–$120k
Vumela Fund
VC Fund
2 South Africa, Brazil Seed, Debt Financing, Venture - Series Unknown Education, Hospital, Software $500k–$1.7M
Soma Capital
VC Fund
2 United States, India, Mexico Seed, Pre-Seed, Series A Software, Artificial Intelligence, FinTech $125k–$35M
54 Collective
VC Fund
2 Kenya, Nigeria, South Africa Seed, Pre-Seed Health Care, Information Technology, FinTech $40k–$2M
MANTIS Venture Capital
VC Fund
2 United States, Brazil, Pakistan Series A, Seed, Series B Software, Information Technology, FinTech $2.5M–$80M
Naspers Foundry
VC Fund
2 South Africa, United Kingdom Seed, Series A, Series B Financial Services, Software, Farming $989k–$17M
LoftyInc Capital
VC Fund
2 United States, Nigeria, Egypt Seed, Pre-Seed, Series A Financial Services, FinTech, Software $100k–$37M
Sequoia Capital
VC Fund
2 United States, China, India Series A, Series B, Series C Software, Information Technology, Artificial Intelligence $6M–$230M
Bose Ventures
VC Fund
2 United States, India, Denmark Venture - Series Unknown, Series B, Series A Software, Health Care, Consumer Electronics $27k–$55M
Jozi Angels
VC Fund
2 South Africa, Kenya Seed, Pre-Seed, Venture - Series Unknown B2B, Legal, Travel $188k–$1.6M
Futuregrowth Asset Management
VC Fund
2 South Africa, France, United States Seed, Series A, Series B Software, Transportation, Financial Services $1.8M–$22M
Alumni Ventures
VC Fund
2 United States, United Kingdom, Canada Seed, Series A, Series B Software, Artificial Intelligence, Information Technology $850k–$75M
Launch Africa
VC Fund
2 Nigeria, South Africa, United States Seed, Pre-Seed, Venture - Series Unknown Financial Services, FinTech, Information Technology $200k–$4M
4Di Capital
VC Fund
2 South Africa, United States, Kenya Seed, Series A, Pre-Seed Software, Financial Services, Mobile $677k–$47M
Future Africa
VC Fund
2 Nigeria, United States, Kenya Seed, Pre-Seed, Series A Financial Services, FinTech, Information Technology $100k–$40M
Hustle Fund
VC Fund
2 United States, Singapore, Canada Seed, Pre-Seed, Series A Software, FinTech, Financial Services $100k–$25M
Kearny Jackson
VC Fund
2 United States, Iceland, South Africa Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $3.2M–$30M
Sphere Holdings
VC Fund
1 South Africa Series A, Private Equity Software, Web Apps, Education
BaseCamp Ventures
VC Fund
1 United States, Canada, South Africa Seed, Pre-Seed, Series A Software, Information Technology, Financial Services $1.1M–$12M
Wavecrest Growth Partners
VC Fund
1 United States, Canada, United Kingdom Venture - Series Unknown, Private Equity Software, SaaS, FinTech $13M–$104M
AgFunder
VC Fund
1 United States, United Kingdom, India Seed, Series A, Pre-Seed Agriculture, AgTech, Biotechnology $100k–$28M
Arise
VC Fund
1 South Africa, Togo, Ghana Series A, Post-IPO Equity, Venture - Series Unknown Financial Services, Banking, Finance $7.5M–$15M
Strat Tech
VC Fund
1 South Africa Seed Software, Analytics, Artificial Intelligence
3 Capital Ventures
VC Fund
1 South Africa Seed SaaS, Delivery, Software
Atlantica Ventures
VC Fund
1 Nigeria, South Africa, United States Seed, Pre-Seed, Series A Software, FinTech, Internet $450k–$3.7M
Hannover Re
VC Fund
1 United States, Germany, Brazil Series A, Seed, Private Equity Insurance, FinTech, InsurTech $9M–$47M
Paper Plane Ventures
VC Fund
1
Microsoft for Startups
VC Fund
1 United States, India, Canada Seed, Pre-Seed Software, Information Technology, SaaS
Flori Ventures
VC Fund
1 United States, United Kingdom, Israel Seed, Pre-Seed, Series A Blockchain, Cryptocurrency, FinTech $100k–$11M
Bantam Group
VC Fund
1 United States, Canada, Israel Seed, Pre-Seed, Series A Software, Health Care, Artificial Intelligence $120k–$20M
Nedbank
VC Fund
1 South Africa, Australia, United States Debt Financing, Post-IPO Debt, Series A Software, Information Technology, Mining $2M–$700M
LeapFrog Investments
VC Fund
1 India, Nigeria, United Kingdom Private Equity, Series C, Series D Financial Services, Finance, Insurance $9.3M–$180M
Appsolute Ventures
VC Fund
1 South Africa Pre-Seed Big Data, Analytics, Data Integration
Karim Beguir
Angel
1 Tunisia, France, United Kingdom Seed, Pre-Seed, Angel Software, E-Commerce, Information Technology $600k–$30M
Mozilla Ventures
VC Fund
1 United States, Germany, United Kingdom Seed, Pre-Seed, Series A Artificial Intelligence, Software, SaaS $580k–$20M
Andrew Bredenkamp
Angel
1 South Africa Seed Software, Speech Recognition, Translation Service
Digital Africa Ventures
VC Fund
1 South Africa, Tunisia, The Netherlands Seed, Pre-Seed, Venture - Series Unknown Software, Logistics, Supply Chain Management $1.8M–$5M
Jeff Dean
Angel
1 United States, United Kingdom, Japan Seed, Series A, Pre-Seed Artificial Intelligence, Information Technology, Software $450k–$60M
Capaci.Tech
VC Fund
1 South Africa, Kenya, United States Seed Apps, Software, B2B $10k–$4M
Basecamp Fund
VC Fund
1 United States, Canada, Kenya Seed, Pre-Seed, Series A Software, Artificial Intelligence, Information Technology $500k–$40M
Access all 191 investors in South Africa Artificial intelligence startups.

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Oui Capital
VC Fund · Belmont, Massachusetts, United States · 4 investments in South Africa Artificial intelligence startups

Oui Capital is an Africa-focused VC firm backing tech-enabled businesses at the pre-seed & seed stage.

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Investment focus

  • Industry: Financial Services, Finance, Apps
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 37
  • Round size: Seed $600k–$4.9M; Pre-Seed $40k–$1.3M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: Likely still investing — raised $30M in 2022

Portfolio highlights

  • Cauridor — Cauridor is a Financial Services company.
  • Herconomy (Ex AGS Tribe) — Herconomy is a platform that allows women build their finances, capacity, collaborate and access opportunities.
  • Alliance Chemicals Global — Alliance Chemicals Global supplies raw materials, commodities, and specialty chemicals to manufacturers across sectors such as home and personal care, food and nutrition, plastics, polymers, construction, coatings, and industrial applications. The company supports chemical distribution, sourcing, and logistics, including local currency invoicingand dedicated transport. It focuses on compliant, sustainable supply, working with global manufacturers and African clients. Its projects include plastic chemical recycling and development of a shea butter value chain. The organization serves customers mainly across African markets.
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Industrial Development Corporation
VC Fund · Sandown, NA - South Africa, South Africa · 3 investments in South Africa Artificial intelligence startups

The Industrial Development Corporation of South Africa Ltd (IDC) is a national development finance institution set up to promote economic growth and industrial development.

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Investment focus

  • Industry: Renewable Energy, Mining, Mobile
  • Stage:Debt Financing, Post-IPO Debt, Series A
  • Geography: South Africa, Australia, Luxembourg

Investor stats

  • Total investments: 23
  • Round size: Series A $6M–$26M; Post-IPO Debt $11M–$49M; Debt Financing $30M–$509M
  • Lead/follow: 61% lead, 39% follow
  • Last fund: May invest from a new fund soon — raised $68M in 2021

Portfolio highlights

  • Fedgroup — Fedgroup offers financial solutions in South Africa & abroad, providing investments, asset-backed lending, group risk & fiduciary services
  • AMEA Power — Founded in 2016, AMEA Power has assembled a leading team of global industry experts to deliver clean energy projects across Africa, the Middle East and other emerging markets.
  • Minbos Resources — Minbos has to build a nutrient supply and distribution business that stimulates agricultural production and promotes food security. They provide nutrient supply and distribution business that stimulates agricultural production and promotes food security.
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Knife Capital
VC Fund · Cape Town, NA - South Africa, South Africa · 3 investments in South Africa Artificial intelligence startups

Knife Capital is an independent growth equity investment firm focusing on innovation-driven ventures with proven traction. By leveraging knowledge, networks & funding, Knife accelerates the international expansion of entrepreneurial businesses that achieved a product/market fit in a beachhead market. Knife have offices in Cape Town andLondon.Knife invests via a consortium of funding partnerships, including SARS section 12J Venture Capital Company KNF Ventures and select family offices. Knife facilitated lucrative exits of local technology companies to the likes of General Electric, Visa, Garmin and Uber.

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Investment focus

  • Industry: Software, Information Technology, Education
  • Stage:Series A, Venture - Series Unknown
  • Geography: South Africa, United States, United Kingdom

Investor stats

  • Total investments: 40
  • Round size: Series A $2M–$15M; Venture - Series Unknown $1M–$2M
  • Lead/follow: 70% lead, 30% follow
  • Last fund: Likely still investing — raised $50M in 2022

Portfolio highlights

  • wamly — Wamly is the recruitment software, It has given us time back to focus on transformational work.
  • Cue — Cue is one customer service platform for live chat, chatbots and broadcasts across WhatsApp, Messenger, web chat, email and many other digital channels.
  • Optique Optometrists — Optique Optometrists provides comprehensive eye care services, including eye tests, prescription glasses, and contact lenses. The company offers affordable eye care solutions and has multiple branches across South Africa. Customers can book appointments online and access a wide range of eyewear options. Optique Optometrists focuses on deliveringquality vision care and ensuring customer satisfaction through professional services and convenient booking options.
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Venture Capital Studio
VC Fund · Cape Town, NA - South Africa, South Africa · 3 investments in South Africa Artificial intelligence startups

36 Followers, 31 Following, 1 Posts - See Instagram photos and videos from Black Silver Capital (@blacksilvercapital)

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Investment focus

  • Industry: Information Technology, Venture Capital, Software Engineering
  • Stage:Seed, Pre-Seed, Series A
  • Geography: South Africa

Investor stats

  • Total investments: 10
  • Round size: Seed $928k–$10M; Pre-Seed $262k–$3.7M; Series A $2.7M–$14M
  • Lead/follow: 90% lead, 10% follow
  • Last fund: Likely actively investing — fresh fund, raised $250000B in 2025

Portfolio highlights

  • Accrual Software — We are a Software Development Company
  • Cyrrix Cybersecurity — At Cyrrix Cybersecurity, we understand the importance of protecting your business from online threats. Our team provides a full range of cybersecurity services to help safeguard your company's sensitive information and systems. We offer comprehensive risk assessments, penetration testing, and incident response planning to identify and addressvulnerabilities in your network. Our managed security services provide ongoing monitoring and threat detection to keep your business protected around the clock. With our help, you can rest easy knowing that your company's valuable assets are secure.
  • Aesthetic Prosthetic Bionics — Biological Engineering, Bionics, Biomimetics, Hydraulics, Prosthetics, Neuroprosthetics, Exoskeleton Suits, Dynamics, Kinematics Robotics, Human-Robot Interaction, Artificial Organs, Artificial Intelligence, Quantum Computing, Knowledge Reasoning, Machine Learning, Natural Language Processing, Computer Vision, Robotics, Artificial GeneralIntelligence, Deep Learning, Bayesian Networks, Evolutionary Algorithms, Computational Neuroscience, Neurocybernetics, Cybernetics, Cognitive Science, Source Coding, Channel Coding, Algorithmic Complexity Theory, Algorithmic Information Theory, Information-Theoretic Security, Grey System Theory & Biotechnology
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Phillip Sebole Masango
Angel · Cape Town, NA - South Africa, South Africa · 3 investments in South Africa Artificial intelligence startups

Phillip Sebole Masango, is a South African C-Siute Executive and Venture Capitalist, a visionary who seamlessly navigates the intersections of Technology, Artificial Intelligence (AI), Business Development, Business Intelligence (BI), Design, Web, Blockchain, Cloud Computing, Cybersecurity, IoT, Digital Strategy, Creativity, and Innovation. With aproven track record of assuming CEO, CTO, and other top executive roles, he brings a rare fusion of technical expertise, business acumen, and strategic foresight to every venture he leads. Phillip doesn’t just build companies—he drives innovation, scales businesses, and redefines industries.A Mission Rooted in Empowerment and Progress: With extensive experience in the Startup Ecosystem, Technology Industry, Creative Industry, Digital Innovation, Management Consulting, and Venture Capital, Phillip thrives in environments where innovation flourishes. His mission is to empower individuals, startups, businesses, and organizations by delivering cutting-edge technology and digital solutions that drive exponential growth. However, his work extends beyond personal ambition—it is a devotion to serving humanity. Phillip is committed to creating a world where technology democratizes and decentralizes industries, enabling individuals and businesses to innovate, lead, and thrive. He envisions a future where technology not only liberates but also elevates and inspires—enabling companies to reach new heights and igniting a wave of global prosperity.A Legacy of Meaningful Success: For Phillip, success is not defined by accolades or financial gain—it is measured by the profound impact he creates. He refuses to chase success in pursuits that lack meaning, believing that true success comes from doing what one loves—better than anyone else—driven by passion, joy, and self-mastery. His approach to business and innovation is holistic, tackling challenges from multiple angles to fuel transformative change. He thrives in collaborative environments where boundaries are pushed, industries are reshaped, and new possibilities emerge.Yet beyond business, Phillip understands that life is a journey of emotions and meaning. He embraces every experience—both triumphs and challenges—as stepping stones toward a greater purpose. With unwavering dedication and a heart set on impact, he continues to push forward, leaving a legacy that will resonate for generations to come.

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Investment focus

  • Industry: Information Technology, Software Engineering, Artificial Intelligence
  • Stage:Seed, Series A, Private Equity
  • Geography: South Africa

Investor stats

  • Total investments: 11
  • Round size: Seed $700k–$11M; Series A $1.6M–$14M
  • Lead/follow: 82% lead, 18% follow

Portfolio highlights

  • TRVL CAPE — Your Cape Town travel companion App. Your gateway to Cape Town! Quickly book flights, hotels, shuttles, and rental cars. Enjoy real-time updates, exclusive deals on our app! Let our travel experts help you plan the perfect trip to Cape Town. Let our skilled advisors craft a flawless itinerary for your journey.
  • The AI Studio — The AI Studio is an advanced artificial intelligence research and innovation hub operating under Amani Creative Studios. It is designed to enhance and integrate AI capabilities into our existing services, spanning Web2, Web3, cybersecurity, branding, and software development. Every solution we offer at Amani Creative Studios and Web3 Studio willnow be AI-powered and AI-enhanced, unlocking new capabilities in automation, prediction, personalization, and efficiency.AI-Powered Web3 Solutions – AI-driven smart contracts, blockchain forensics, and decentralized automation., AI-Driven Branding & Marketing – Intelligent content creation, data-driven strategies, and hyper-personalization, AI-Powered SaaS & Software Development – Automated workflows, predictive analytics, and intelligent decision-making, AI-Optimized UI/UX & Product Design – AI-powered design systems, adaptive interfaces, and automated A/B testing.
  • Cyrrix Cybersecurity — At Cyrrix Cybersecurity, we understand the importance of protecting your business from online threats. Our team provides a full range of cybersecurity services to help safeguard your company's sensitive information and systems. We offer comprehensive risk assessments, penetration testing, and incident response planning to identify and addressvulnerabilities in your network. Our managed security services provide ongoing monitoring and threat detection to keep your business protected around the clock. With our help, you can rest easy knowing that your company's valuable assets are secure.
Show all investments...

Operator Partners
VC Fund · New York, New York, United States · 2 investments in South Africa Artificial intelligence startups, 18 in the past 12 months

Operator, no outside LPs, just our own capital. We invest in technology companies across Pre-Seed, Seed and Series A. Most importantly, we partner with founders we can help win.

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Investment focus

  • Industry: Software, Artificial Intelligence, Health Care
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Israel, Canada

Investor stats

  • Total investments: 264
  • Round size: Seed $2.1M–$12M; Pre-Seed $800k–$2.5M; Series A $10M–$35M
  • Lead/follow: 0% lead, 100% follow
  • Last fund: May invest from a new fund soon — raised $41M in 2020

Portfolio highlights

  • FSH Technologies (formerly Contenda) — Contenda helps repurpose old content into a new engagement. It contextually identifies content's key topics and spins it into the proper format for an audience to discover.
  • Harmony — AI agents that resolve IT and HR requests inside Slack and Teams
  • Sandstone — Relationship management for legal departments.
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HAVAÍC
VC Fund · Cape Town, NA - South Africa, South Africa · 2 investments in South Africa Artificial intelligence startups

HAVAÍC is an investment and advisory firm that specialises in early-stage, high-growth African businesses with proven concepts and global prospects, offering investment opportunities to sophisticated investors and international venture capital companies with an interest in Africa. As a complementary offering, HAVAÍC provides corporate advisory andcapital raising services to emerging, internationally scalable businesses.

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Investment focus

  • Industry: Software, Health Care, FinTech
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: South Africa, United States, Kenya

Investor stats

  • Total investments: 49
  • Round size: Seed $83k–$4M; Series A $1.9M–$15M; Venture - Series Unknown $318k–$632k
  • Lead/follow: 65% lead, 35% follow
  • Last fund: Likely still investing — raised $50M in 2024

Portfolio highlights

  • NjiaPay — Payments-as-a-Service platform that will streamline your operations and elevate your online payments across the African continent.
  • SwiftVee — SwiftVEE is a livestock trading mobile app. They support live webcast livestock auctions and silent auctions. Their platform facilitates the discovery and viewing of livestock auctions.They provide webcast advertising, online auctions, and online livestock insurance services and data products for financial institutions.
  • Tanda — As a Tanda Agent, you can sell Kenya's favorite digital products, and grow your duka while you're at it
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SV Angel
VC Fund · San Francisco, California, United States · 2 investments in South Africa Artificial intelligence startups

SV Angel is a service organization, investing in founders who share these values. They support entrepreneurs in building lasting companies by assisting at key inflection points and leveraging networks to help them propel their businesses forward.

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Investment focus

  • Industry: Software, Artificial Intelligence, Internet
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 1335
  • Round size: Seed $1M–$11M; Series A $3M–$37M; Series B $8.3M–$100M
  • Lead/follow: 2% lead, 98% follow
  • Last fund: Likely actively investing — fresh fund, raised $430M in 2025

Portfolio highlights

  • Docker — Docker is a platform designed to help developers build, share, and run container applications. We handle the tedious setup, so you can focus on the code.
  • NavigateAI — An AI copilot for every person in the field. NavigateAI upskills and coaches your team, runs real-time quality control, manages the project in the background, and provides expert knowledge, instantly.
  • Vulcan — Frontier AI for government, law, and policy | backed by @ycombinator @generalcatalyst @cubitcapital
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Norican Group
VC Fund · Taastrup, Hovedstaden, Denmark · 2 investments in South Africa Artificial intelligence startups

Norican Group is the provider of parts formation (horizontal, matchplate & vertical moulding) and surface preparation technologies (airblast, wheelblast and mass finishing). Its core branded technology platforms are DISA and Wheelabrator.

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Investment focus

  • Industry: Software, Manufacturing, Machine Learning
  • Stage:Series A
  • Geography: South Africa

Investor stats

  • Total investments: 2
  • Round size: Series A $6M–$10M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • DataProphet — DataProphet offers production intelligence solutions for manufacturers. By combining human ingenuity with production data, we supercharge manufacturing excellence. Explore our Connect platform and expert services, trusted by industry leaders.
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University Technology Fund
VC Fund · Stellenbosch, NA - South Africa, South Africa · 2 investments in South Africa Artificial intelligence startups

The University Technology Fund specifically focusses on commercialising technology, intellectual property, and research - Visit Us!

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Investment focus

  • Industry: Biotechnology, AgTech, Medical
  • Stage:Seed, Grant
  • Geography: South Africa

Investor stats

  • Total investments: 25
  • Round size: Seed $484k–$5M; Grant $467k–$473k
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • Jem — We give employers the ability to send company-wide communications, deliver payslips, manage leave & give employees access to their earnings, via WhatsApp.
  • Immobazyme — Immobazyme provides pioneering the biotechnology industry. Using innovative technologies, along with an environmentally responsible outlook.the company aims to develop an analytical laboratory platform as well as serve the industrial sector through the production of high-value products by organic synthesis and environmental remediationtechnologies.
  • Happy Pay — Happy Pay is a credit scoring system developing company. The company integrates an autonomous artificial intelligence technology system with the merchant's platform to increase their average basket size and customer conversion metrics, providing users with buy now, and pay later services.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
I’M IN
VC Fund · Gauteng, NA - South Africa, South Africa · 2 investments in South Africa Artificial intelligence startups

I’M IN is a pre-investment readiness program that believes in making a sustainable impact on the entrepreneurial ecosystem. It helps tech startups access seed investment and achieve business sustainability by providing an effective eco-system which offers business and technical support. I’M IN is an IDF Capital initiative that gives start-upentrepreneurs an opportunity to present their innovative ideas to a group of high-net-worth investors. Entrepreneurs with an exceptional business concept, who have an early stage market-viable product or service, are invited to apply to participate in the program.

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Investment focus

  • Industry: Mobile Apps, Information Technology, Apps
  • Stage:Seed, Pre-Seed
  • Geography: South Africa

Investor stats

  • Total investments: 8
  • Round size: Seed $40k–$120k
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Jobox — Jobox is a student recruitment platform, built to connect employers, students and graduate career offices. Our focus is to improve graduate employability by ensuring all students have the skills they need to enter, stay in, and progress in the world of work.Jobox’s ecosystem provides employers with access to the best diverse & youthfultalent, students with more employment opportunities and universities with data-driven insights aimed at driving graduate employability forward.
  • Droppa — Droppa is a delivery hub that makes it easier and safer to transport your parcels, goods and furniture using our mobile app and website.
  • 3DIMO — 3DIMO provides solutions to monitor the health and pattern of animal movements to detect abnormalities.
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Vumela Fund
VC Fund · Hyde Park, Newtownabbey, United Kingdom · 2 investments in South Africa Artificial intelligence startups

Vumela was established in 2009 by FNB Business Banking and Edge Growth. The objective was to create an innovative model for the development of a sustainable and a financially and operationally independent investment business which invests in high growth small, medium and micro size enterprises with good economic and impact returns.Vumela wascapitalised in 2010. Within the first four years, we’d invested R90 million into eight high growth SMEs, and created a total of 400 jobs. They launched their second fund in 2015, after a further investment of R100 million from FirstRand and R127 million from the Jobs Fund. Within the first year of launching this second fund, we’ve committed R43 million to five investments that are expected to create over 1800 new jobs.The first fund of its kind in South Africa, Vumela’s main goals are to invest in and develop entrepreneurial companies in order to help alleviate poverty in South Africa by creating jobs, and to generate a return for its beneficiaries: the Shalamuka Foundation and the FirstRand Group.

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Investment focus

  • Industry: Education, Hospital, Software
  • Stage:Seed, Debt Financing, Venture - Series Unknown
  • Geography: South Africa, Brazil

Investor stats

  • Total investments: 25
  • Round size: Seed $600k–$910k; Debt Financing $1.1M–$1.7M; Venture - Series Unknown $500k–$1M
  • Lead/follow: 80% lead, 20% follow
  • Last fund: May invest from a new fund soon — raised $20M in 2015

Portfolio highlights

  • Trade Shield — Trade Shield's aim is to increase access to trade credit facilities for those companies that most need them and will benefit the most from them.
  • Mia Healthcare — Mia Healthcare is a Hospitals and Health Care firm offering dental services and orthodontic products.
  • Breaze Delivery — Optimize your last-mile delivery in SA. Breaze offers same-day delivery, easy Shopify/WooCommerce integration, and live WhatsApp tracking for your brand.
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Soma Capital
VC Fund · San Francisco, California, United States · 2 investments in South Africa Artificial intelligence startups

Welcome to Soma Capital

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Investment focus

  • Industry: Software, Artificial Intelligence, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, India, Mexico

Investor stats

  • Total investments: 1075
  • Round size: Seed $1.2M–$8.5M; Pre-Seed $125k–$3.8M; Series A $5M–$35M
  • Lead/follow: 2% lead, 98% follow
  • Last fund: Likely actively investing — fresh fund, raised $37M in 2026

Portfolio highlights

  • Starcloud — Starcloud is building a network of megawatt-scale data centers in space, scaleable to gigawatt capacity. Falling launch costs allow Starcloud to take advantage of the abundant energy, passive cooling, and high-speed connectivity in space.
  • Cambium — Cambium Carbon is an early stage social enterprise start up focused on implementing systems-level natural climate solutions centered on reforestation and urban wood reuse.
  • Cognition — Cognition develops artificial intelligence systems for software engineering and code automation. The company operates Devin, an AI software engineer that plans, writes, tests, debugs, and deploys code through integrated development workflows. Its platform works with existing development tools and codebases to support engineering tasks acrossapplication development, maintenance, and issue resolution. Cognition also provides tools that assist teams with system design, technical workflows, and collaborative coding processes. The company focuses on AI agents that automate repetitive engineering work while supporting software teams in managing complex development tasks.
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54 Collective
VC Fund · Johannesburg, NA - South Africa, South Africa · 2 investments in South Africa Artificial intelligence startups

Building and scaling African tech startups with catalytic capital, value-add support and our global network.

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Investment focus

  • Industry: Health Care, Information Technology, FinTech
  • Stage:Seed, Pre-Seed
  • Geography: Kenya, Nigeria, South Africa

Investor stats

  • Total investments: 112
  • Round size: Seed $40k–$2M; Pre-Seed $40k–$1.3M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • Yeah — Yeah is a financial technology company that offers payment processing services while building a credit profile for the banked and unbanked.
  • REasy — Top up locally, pay suppliers globally, and manage international shipments with REasy. Fast, secure, and designed for African businesses expanding worldwide.
  • Konnect — Konnect provides a cross borders payment solution intended to simplify complex financial flows allowing companies of any scale and size to send and receive payments in a practical, secure, and low-cost way.
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MANTIS Venture Capital
VC Fund · Los Angeles, California, United States · 2 investments in South Africa Artificial intelligence startups

MANTIS is an early stage technology investment firm supporting the most innovative companies across consumer tech, media & entertainment, distributed ledger and other emerging technologies.

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Investment focus

  • Industry: Software, Information Technology, FinTech
  • Stage:Series A, Seed, Series B
  • Geography: United States, Brazil, Pakistan

Investor stats

  • Total investments: 131
  • Round size: Seed $2.5M–$14M; Series A $13M–$50M; Series B $18M–$80M
  • Lead/follow: 2% lead, 98% follow
  • Last fund: Likely actively investing — fresh fund, raised $100M in 2025

Portfolio highlights

  • SolveAI —
  • Voya Energy — Voya is unleashing the power of metal fuels to rapidly deliver reliable, clean, affordable electricity anywhere on Earth.
  • Stability AI — AI for Humanity. Stability AI is a solution studio dedicated to innovating ideas. By using collective intelligence principles and augmented technology we design and implement feasible solutions to seemingly intractable problems.
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Naspers Foundry
VC Fund · Cape Town, NA - South Africa, South Africa · 2 investments in South Africa Artificial intelligence startups

Naspers Foundry is a global internet group and invests in technology-based companies. The company believes in the power of local backed by global scale and they look for opportunities to address big societal needs in markets where they see the greatest growth potential.

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Investment focus

  • Industry: Financial Services, Software, Farming
  • Stage:Seed, Series A, Series B
  • Geography: South Africa, United Kingdom

Investor stats

  • Total investments: 19
  • Round size: Seed $989k–$6M; Series A $3.3M–$15M; Series B $2.3M–$17M
  • Lead/follow: 89% lead, 11% follow

Portfolio highlights

  • Planet42 — Having your own car has never been easier. Planet42 is a vehicle rental company offering rent-to-buy car service for private clients.
  • LifeCheq — LifeCheq partners with insurers and advisory firms to deliver AI-enabled distribution, boost adviser productivity, and transform how financial advice is delivered.
  • SweepSouth — Book a home cleaning online from your mobile, tablet or computer. SweepSouth connects you with a cleaner in minutes. Cleaners are experienced, reliable, efficient and insured.
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LoftyInc Capital
VC Fund · Carmel, California, United States · 2 investments in South Africa Artificial intelligence startups

LoftyInc Capital Management empowers Afropreneurs to build a prosperous and equitable future in Africa. We deliver value to both founders and investors.........

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Nigeria, Egypt

Investor stats

  • Total investments: 187
  • Round size: Seed $100k–$5M; Pre-Seed $100k–$2.4M; Series A $250k–$37M
  • Lead/follow: 12% lead, 88% follow
  • Last fund: Likely actively investing — fresh fund, raised $43M in 2025

Portfolio highlights

  • Cauridor — Cauridor is a Financial Services company.
  • WafR — WafR is a reward-based loyalty startup that allows users to earn phone recharges while shopping at retail shops.
  • Nucleon Security — Zero-Trust and ML-based Endpoint Detection and Response Platform #EDR #FDR #EndpointSecurity
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Sequoia Capital
VC Fund · Menlo Park, California, United States · 2 investments in South Africa Artificial intelligence startups

We help the daring build legendary companies from idea to IPO and beyond.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Series A, Series B, Series C
  • Geography: United States, China, India

Investor stats

  • Total investments: 2438
  • Round size: Series A $6M–$50M; Series B $11M–$100M; Series C $12M–$230M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely actively investing — fund raised in 2026

Portfolio highlights

  • Z.ai — The AI Lab behind GLM models, dedicated to inspiring the development of AGI to benefit humanity. https://t.co/gOw7WpwkJt https://t.co/ot9sGVXU8x
  • Despegar — Despegar operates as an online business-to-consumer travel agency that focuses on the Portuguese and Spanish speaking markets. It enables people to research travel plans, check flight availability, book airline, and hotel and car rental reservations online, as well as offer travel-related services, including access to airlines, car rentalcompanies, and hotels and vacation packages. The company serves the leisure and corporate travelers. It operates in Argentina, Brazil, Chile, Colombia, Mexico, Uruguay, Venezuela, Spain, and the United States. The company was founded in 1999 and is based in Miami, Florida.
  • Juicebox — Juicebox is a subscription-based marketplace for businesses to hire independent tech talent. Companies get commission-free access to vetted talent. Independents get the opportunity to work with exciting companies without relying on an agency.
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Bose Ventures
VC Fund · Framingham, Massachusetts, United States · 2 investments in South Africa Artificial intelligence startups

Bose Ventures is looking for startups that are pushing the envelope of AR to help build some of these new experiences. They are investing in startups that are developing apps, services, and technology that leverage and extend the Bose AR platform. If you are one of these innovative startups

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Investment focus

  • Industry: Software, Health Care, Consumer Electronics
  • Stage:Venture - Series Unknown, Series B, Series A
  • Geography: United States, India, Denmark

Investor stats

  • Total investments: 24
  • Round size: Series A $1.5M–$10M; Series B $2M–$55M; Venture - Series Unknown $27k–$18M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: May invest from a new fund soon — raised $50M in 2018

Portfolio highlights

  • Vesper — Vesper is an electrical and electronic manufacturing company that specializes in microphones, piezoelectric, and audio. The company is driven by a mission is to deliver voice-powered products to every market, around the world. Vesper was founded in 2009 and headquartered in Boston, Massachusetts.
  • Medrhythms — Pioneering Next-Generation Digital Therapeutics to Improve Walking  
  • Noise — Buy latest Noise smart watches, wireless earbuds, BT neckband earphones, wireless headphones, speakers and smart watch accessories online at best prices in India.
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Jozi Angels
VC Fund · Johannesburg, NA - South Africa, South Africa · 2 investments in South Africa Artificial intelligence startups

Jozi Angels is an angel network based in Johannesburg, South Africa. We exist to grow the startup ecosystem and facilitate the growth of innovative startups.

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Investment focus

  • Industry: B2B, Legal, Travel
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: South Africa, Kenya

Investor stats

  • Total investments: 10
  • Round size: Seed $200k–$1.6M; Pre-Seed $188k–$1M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Jahazii — Jahazii helps employers offer on-demand access to earned wages, giving employees financial flexibility without loans while reducing pressure on HR and payroll teams. Funds on M-PESA in seconds, at no cost to you.
  • TUNL — Ship globally with ease. TUNL offers affordable, transparent international shipping built for South African brands. Up to 91% cheaper. No surprises.
  • The Awareness Company — We use data to tell stories that are useful to humans.
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Futuregrowth Asset Management
VC Fund · Cape Town, NA - South Africa, South Africa · 2 investments in South Africa Artificial intelligence startups

Futuregrowth manages the full range of fixed interest and developmental impact funds on behalf of our clients. We are committed to managing and investing our clients' funds in a responsible manner.

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Investment focus

  • Industry: Software, Transportation, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: South Africa, France, United States

Investor stats

  • Total investments: 22
  • Round size: Seed $1.8M–$5.3M; Series A $3.4M–$11M; Series B $11M–$22M
  • Lead/follow: 68% lead, 32% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • CubeSpace — Industry-leading modular attitude determination and control (ADCS) products and solutions. Laser-focused on our customers' success. Your global ADCS partner.
  • Jem — We give employers the ability to send company-wide communications, deliver payslips, manage leave & give employees access to their earnings, via WhatsApp.
  • Happy Pay — Happy Pay is a credit scoring system developing company. The company integrates an autonomous artificial intelligence technology system with the merchant's platform to increase their average basket size and customer conversion metrics, providing users with buy now, and pay later services.
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Alumni Ventures
VC Fund · Manchester, New Hampshire, United States · 2 investments in South Africa Artificial intelligence startups

Access curated startup investment opportunities and diversified venture capital exposure designed for accredited investors.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 2701
  • Round size: Seed $850k–$9.9M; Series A $3.5M–$32M; Series B $8M–$75M
  • Lead/follow: 4% lead, 96% follow
  • Last fund: Likely actively investing — fresh fund, raised $90k in 2026

Portfolio highlights

  • QuadSci — Customer Intelligence AI that predicts churn and growth from product telemetry, CRM data and conversational signals.
  • Veda — Veda is the largest vault infrastructure platform in DeFi, enabling institutions to launch and manage onchain financial products at scale.
  • Iambic — Iambic has created a cutting-edge AI-driven platform to tackle the most challenging design problems in drug discovery and address unmet patient need.
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Launch Africa
VC Fund · Ebène, Plaines Wilhems, Mauritius · 2 investments in South Africa Artificial intelligence startups, 7 in the past 12 months

Launch Africa is a leading Pan-African VC fund solving the significant funding gap in the Seed and pre-Series A investment landscape in Africa

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Nigeria, South Africa, United States

Investor stats

  • Total investments: 218
  • Round size: Seed $200k–$4M; Pre-Seed $200k–$1.8M; Venture - Series Unknown $200k–$500k
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Zazu — Zazu is an all-in-one financial platform for African SMEs, helping businesses manage payments, automate cash flow, and access real-time financial insights from one simple dashboard.
  • Fincart — Fincart is a leading shipping platform in Egypt, connecting your business with top courier services, automating operations, and helping you scale your eCommerce logistics.
  • Udu Technologies — Udu Technologies is an AI infrastructure company that offers GPU systems, AI platform integration, and technical support services.
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4Di Capital
VC Fund · Cape Town, NA - South Africa, South Africa · 2 investments in South Africa Artificial intelligence startups

4Di Capital is an independent seed- and early-stage technology venture capital firm based in Cape Town, South Africa.Nurture capital is the term that best describes 4Di Capitalâ€:tm:s purpose and philosophy.We understand that in the early days of any business, support, mentoring and access to networks is just as important as seed capital.Using tried and tested international venture capital best practices, adapted for local use, we believe in entrepreneur-friendly finance without frills, and in working as a team with our investments to achieve their true potential.4Di Capital Early-Stage Technology Fund 1 targets startup investment opportunities with high growth potential at the seed- and early-stages in the mobile, enterprise software and web sectors.We look for founder teams with hungry passion, commitment, domain expertise and deep insights into the large market problems they wish to solve with their technology solutions.

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Investment focus

  • Industry: Software, Financial Services, Mobile
  • Stage:Seed, Series A, Pre-Seed
  • Geography: South Africa, United States, Kenya

Investor stats

  • Total investments: 41
  • Round size: Seed $677k–$7.5M; Pre-Seed $1.8M–$4M; Series A $2M–$47M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: Likely still investing — raised $24M in 2022

Portfolio highlights

  • BFree — BFree focuses its collection processes on sustainably leading customers out of debt by giving them back control over their finances.
  • FireID — FireID is a venture builder that helps makers, with unique skills and passion, build businesses to solve meaningful problems.
  • Kuunda — Kuunda provides consulting, liquidity management, data insight tools enabling users to fulfill financial needs through a digital platform.
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Future Africa
VC Fund · San Francisco, California, United States · 2 investments in South Africa Artificial intelligence startups

Future Africa is a collective of mission-driven founders and funders building unicorns to solve Africa’s biggest challenges. They are build a future where purpose and prosperity are within everyone’s reach.

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 92
  • Round size: Seed $500k–$4M; Pre-Seed $100k–$3.7M; Series A $7M–$40M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • STEM Cafe — STEMCafe by RVRB is a fun out of school learning centre for kids
  • Juicyway — The new shape of money? Fluid. Access global currencies with Juicyway. Buy, sell, hold, and pay globally using our fast APIs, web, or mobile apps. Download now.
  • Lori Systems — Lori Systems is revolutionizing African logistics through innovative technology solutions. We connect shippers, transporters, and drivers to create efficient, reliable, and transparent supply chains across Africa.
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Hustle Fund
VC Fund · San Carlos, California, United States · 2 investments in South Africa Artificial intelligence startups

Hustle Fund is a seed fund that invests in early-stage startups operating in software, business-to-business, fintech, and digital health sectors.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Singapore, Canada

Investor stats

  • Total investments: 544
  • Round size: Seed $750k–$6M; Pre-Seed $100k–$2.5M; Series A $4M–$25M
  • Lead/follow: 5% lead, 95% follow
  • Last fund: Likely actively investing — fresh fund, raised $33M in 2025

Portfolio highlights

  • BON Credit — AI powered financial assistant from Bon Credit helps uncover savings, manage finances, and make smarter money decisions with AI. Start saving smarter today!
  • EquityList — Equity management with online cap table management and employee stock option programs (ESOP) administration. Available free for Indian startups
  • Orbital Sentry — Orbital Sentry delivers real-time wildfire detection and continuous geostationary monitoring to protect communities, reduce losses, and power next-generation risk intelligence. Our persistent infrared data helps insurers, governments, and first responders act faster and build true climate resilience
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Kearny Jackson
VC Fund · 2 investments in South Africa Artificial intelligence startups, 6 in the past 12 months

We are founder-first investors backing SaaS and Infrastructure startups at the earliest stages

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Iceland, South Africa

Investor stats

  • Total investments: 27
  • Round size: Seed $3.2M–$12M; Pre-Seed $4M–$5M; Series A $12M–$30M
  • Lead/follow: 11% lead, 89% follow
  • Last fund: Likely still investing — raised $67M in 2023

Portfolio highlights

  • Cara — Cara is a domain-specific AI platform purpose-built for insurance—a modular system that enables agencies, brokerages, and MGAs to automate servicing, accelerate sales, and scale operations with a 24/7 digital workforce.
  • Ellis — Ellis connects and reconciles portfolio, fund, and investor data across the systems you already use. Every number traceable. Run every fund from one trusted view.
  • Sandstone — Relationship management for legal departments.
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Sphere Holdings
VC Fund · Sandston, Virginia, United States · 1 investments in South Africa Artificial intelligence startups

Founded in 2003, Sphere is a high performing investment holding company driven to create value for funders, shareholders and business partners. With a solid track record shaped over a decade, They actively seek out investment partnerships with high quality privately owned businesses across a range of strategic sectors.Their success is drivenby an experienced team, Their own capital, a disciplined investment process, and broad business networks. Passionate about partnerships, They commit for the long term and actively work with Their portfolio companies to build great businesses.Majority black controlled and managed and boasting 71% black ownership, including 31% women ownership, Sphere has the necessary credentials to advance the broad based Black Economic Empowerment goals of South African businesses. As the focus turns to the rest of the continent, They actively support Their investments in their pan-African ambitions.Their strong belief in the principles of broad based empowerment means that approximately 15% of the shares in Sphere are held by charitable organisations. Over the years, more than five million worthy beneficiaries in nine provinces across South Africa have benefited from Their track record of delivery.

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Investment focus

  • Industry: Software, Web Apps, Education
  • Stage:Series A, Private Equity
  • Geography: South Africa

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow
  • Last fund: May invest from a new fund soon — raised $40M in 2006

Portfolio highlights

  • hearX Group — hearX is an award-winning start-up with the mission of providing affordable access to hearing healthcare using smart digital solutions. With a strong research and engineering background, we aim to democratize and decentralize hearing care, obliterating the traditional audiology model and market, which was never built to scale, instead providinghearing care to millions by leveraging our smart tech, big data and artificial intelligence expertise.The hearX Group four categories of solutions: Lead Generation and Remote Care solutions, Clinical solutions, Preventative Solutions as well as Direct to Consumer intervention solutions.We have had more than 1 000 000 tests and screenings done using our products across 39 countries. Our innovative solutions are as accurate, but faster, cheaper and easier to use than traditional methods. We pride ourselves in offering a fully managed service, providing an entirely new way to overcome traditional barriers to the detection and diagnosis of disabling hearing loss.
  • Pearson South Africa — Pearson is the world's leading education company. With a presence in over 70 countries and 40 000 employees, Pearson provides learning solutions from early childhood learning to professional certification, Pearson curriculum-based materials, e-learning content and tools, as well as teacher training and testing programmes help to educatemillions of people worldwide.Pearson is also a leading provider of digital learning programmes and test development, processing and scoring services to educational institutions, corporations and professional bodies around the world.In order to provide unique learning solutions, Pearson creates content, technology, assessment tools and services.Partnering with stakeholders, Pearson creates innovative solutions to improve learner achievement and institutional effectiveness.South Africa’s best-known and most-respected names in publishing; Longman, Heinemann and Maskew Miller were merged to form Pearson South Africa in 2010. In 2013 alone, Pearson distributed over 23 million text books into schools across South Africa, and trained over 80 000 teachers. All this content is being converted into e-content.
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BaseCamp Ventures
VC Fund · Moorestown, New Jersey, United States · 1 investments in South Africa Artificial intelligence startups

BaseCamp Ventures is a venture capital firm specializing in investments in incubation and early to middle stage companies. The firm primarily invests in information technology, software development with a focus on enterprise applications, e-commerce software, applied cloud technology, cloud and mobile infrastructure, new technology and softwareproducts. It typically invests in companies located in the East Coast and companies with headquarters located in Mid Atlantic region of the United States. The firm seeks to invest $0.25 million. It typically invests in companies having projected revenue of at least $25 million in five years. It prefers to take the lead on investments between $2 million and $5 million in the portfolio companies. BaseCamp Ventures was founded in 2000 and is based in Moorestown, New Jersey.

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Investment focus

  • Industry: Software, Information Technology, Financial Services
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Canada, South Africa

Investor stats

  • Total investments: 11
  • Round size: Seed $2.7M–$12M; Pre-Seed $1.1M–$2M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Zenapse — Zenapse is a internet publishing industry.
  • Akiba Digital — Akiba Digital is a data and technology company that provides financial intelligence solutions. Our vision is to to unlock financial opportunities for consumers, businesses and society using alternative data.
  • New School Foods — Salmon, made from plants. Clean label with ALL the Omega-3s, NONE of the mercury. Made in Canada.
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Wavecrest Growth Partners
VC Fund · Boston, Massachusetts, United States · 1 investments in South Africa Artificial intelligence startups

We partner with founders and management team of high-growth B2B software, AI, data and technology-enabled services companies, combining growth capital, operating expertise, and deep industry networks to help scale their business.

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Investment focus

  • Industry: Software, SaaS, FinTech
  • Stage:Venture - Series Unknown, Private Equity
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 38
  • Round size: Private Equity $66M–$104M; Venture - Series Unknown $13M–$35M
  • Lead/follow: 79% lead, 21% follow
  • Last fund: May invest from a new fund soon — raised $290M in 2021

Portfolio highlights

  • STAY App — STAY app is the leading Smartphone platform for #Hotels & #Resorts. Provide your guests with the most innovative mobile experience in the market for their stay.
  • Carpool Logistics — Vehicle logistics with a documented chain of custody. 400,000+ vehicles delivered at 99.8% claim-freeacross a vetted 13,000+ carrier network.
  • RealTime Reservation — RealTime Reservation offers technology solutions to help hotels and results generate additional revenue and enhance guest experiences.
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AgFunder
VC Fund · San Francisco, California, United States · 1 investments in South Africa Artificial intelligence startups

AgFunder is a global venture capital firm backing deeptech platforms across AI, biotech, robotics, manufacturing, climate, and materials.

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Investment focus

  • Industry: Agriculture, AgTech, Biotechnology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, United Kingdom, India

Investor stats

  • Total investments: 159
  • Round size: Seed $700k–$9M; Pre-Seed $100k–$1.1M; Series A $4.5M–$28M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: Likely still investing — raised $362k in 2024

Portfolio highlights

  • Scindo — Creating a novel biological process to turn low-value plastic landfill waste into high-value molecules.
  • Resurrect Bio — Resurrect Bio is a disease resistance trait discovery company. Using AI and our high-throughput in planta screening platform we provide traits for breeders.
  • IIF — A farm in your pocket.
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Arise
VC Fund · Cape Town, NA - South Africa, South Africa · 1 investments in South Africa Artificial intelligence startups

Arise is a leading African boutique investment company backed by reputable cornerstone investors, namely Norfund, NorFinance, FMO and Rabo...

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Investment focus

  • Industry: Financial Services, Banking, Finance
  • Stage:Series A, Post-IPO Equity, Venture - Series Unknown
  • Geography: South Africa, Togo, Ghana

Investor stats

  • Total investments: 9
  • Round size: Series A $7.5M–$15M
  • Lead/follow: 78% lead, 22% follow

Portfolio highlights

  • Omnisient — Privacy-Preserving Data Collaboration platform enabling businesses to collaborate while ensuring consumer privacy and data protection.
  • iiDENTIFii — iiDENTIFii: Secure biometric authentication for businesses. Verify customer identity in seconds with facial recognition and liveness detection.
  • Equity Group Holdings — Equity Bank Kenya is a financial services provider headquartered in Nairobi, Kenya. It is licensed as a commercial bank by the central bank of Kenya, the central bank, and national banking regulator. Equity Bank Kenya Limited was incorporated in 2014 as a result of the corporate restructure of Equity Group Holdings Limited.
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Strat Tech
VC Fund · 1 investments in South Africa Artificial intelligence startups

Strat Tech operates as an investment firm.

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Investment focus

  • Industry: Software, Analytics, Artificial Intelligence
  • Stage:Seed
  • Geography: South Africa

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Locstat — Locstat LightWeaver combines graph analytics, AI and event processing to help organisations understand complex, connected data in real time.
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3 Capital Ventures
VC Fund · Cape Town, NA - South Africa, South Africa · 1 investments in South Africa Artificial intelligence startups

3 Capital Ventures is an investment firm, and originally founded within Allan Gray.

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Investment focus

  • Industry: SaaS, Delivery, Software
  • Stage:Seed
  • Geography: South Africa

Investor stats

  • Total investments: 2
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Yazi — Yazi is an AI-powered market research platform that runs entirely through WhatsApp, enabling organisations to conduct surveys, AI-moderated interviews, diary studies, and panel research at scale through the messaging channel that 3.2 billion people already use every day. Built for emerging markets where email surveys and app-based research fail toreach representative audiences, Yazi delivers 40%+ response rates and results in hours rather than weeks. The platform serves enterprise clients and research agencies across 15+ countries, with a proprietary panel of 1.8 million pre-qualified participants across Africa.
  • Pargo — Pargo is a convenient logistics solution that lets you collect and return parcels at Pargo parcel points throughout the country when it suits you best.
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Atlantica Ventures
VC Fund · Lagos, Lagos, Nigeria · 1 investments in South Africa Artificial intelligence startups

Are you looking for start-up funding for your business? Get in touch with Atlantica Ventures to get the kick-start your start-up needs.

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Investment focus

  • Industry: Software, FinTech, Internet
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, South Africa, United States

Investor stats

  • Total investments: 15
  • Round size: Seed $1.5M–$3.7M; Pre-Seed $450k–$2.1M
  • Lead/follow: 67% lead, 33% follow
  • Last fund: May invest from a new fund soon — raised $50M in 2021

Portfolio highlights

  • Nosible — Nosible is the creator of a search engine that helps investors find appropriate investment ideas.
  • Salus Cloud — Salus Cloud is an AI-native platform for engineers to develop and manage security.
  • Cybervergent — Cybervergent is a company that helps entities across Africa and beyond seamlessly achieve governance, security, privacy, compliance, and risk management across digital ecosystems. Our platform provides organisations with a single platform to manage compliance, risk, privacy, audit and data security. With AI-powered automation, it helps you cut downmanual effort, reduce risk exposure, and demonstrate trust to regulators, customers, and stakeholders.
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Hannover Re
VC Fund · Hanover, Niedersachsen, Germany · 1 investments in South Africa Artificial intelligence startups

We stand as one of the leading global reinsurers, offering comprehensive coverage in both property and casualty reinsurance across every continent worldwide

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Investment focus

  • Industry: Insurance, FinTech, InsurTech
  • Stage:Series A, Seed, Private Equity
  • Geography: United States, Germany, Brazil

Investor stats

  • Total investments: 11
  • Round size: Series A $9M–$47M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • 88i Seguradora Digital S.A. — 88i is a digital platform for blockchain-based protection, insurance, and assistive services, connecting brokers and customers in a much simpler, more transparent and faster way.Founded by an ex-KPMG partner with more than 20 years of experience in the insurance market and supported by the application of the newest technology of blockchain andcryptocurrency, the company presents a new way to distribute and sell insurance. The interface is intended to be simplified by the use of a digital platform (app) that gives full transparency to the consumer to guarantee a faster path to contract and acquire insurance. The digital platform would work also as an insurance service market place, enabling different service providers linked to the insured item to offer their service. For example, home repair companies would be able to offer their services linked to a house insurance.
  • BriteCo — Their cloud-based BriteCo Appraisal Management System is the gateway to making the jeweler’s life easier and more productive—-and customers happier and more secure with immediate insurance coverage of their fine jewelry and watches.
  • Viridium Group — Viridium Group is the leading specialist in the efficient management of life insurance portfolios in Germany. The foundation of its activities is a customer-focused service organisation combined with efficient portfolio management. As of mid-2017, the companies of Viridium Group administered a combined total of about one million insurance policiesand about €15 billion in assets. The Group's shareholders are Cinven, a leading international private equity firm, and Hannover Re, the world's third-largest reinsurance company.
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Paper Plane Ventures
VC Fund · 1 investments in South Africa Artificial intelligence startups

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Aerobotics — Powerful insights for precision growing and crop insurance
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Microsoft for Startups
VC Fund · Redmond, Washington, United States · 1 investments in South Africa Artificial intelligence startups

Microsoft for Startups is a global program designed to help startups scale with free access to Azure cloud and a streamlined path into selling alongside Microsoft and our vast partner ecosystem.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Pre-Seed
  • Geography: United States, India, Canada

Investor stats

  • Total investments: 71
  • Lead/follow: no public data

Portfolio highlights

  • VitVio — VitVio is a platform built around AI and computer vision with the goal of improving efficiency and quality of care in operating rooms.
  • UniPay — UniPay is an eCommerce platform for infrastructure and industry-lacking regions that offers 5 products that enable trust, promote transparency, and enforce accountability.
  • Emission Sentri — Drive emission management and reduction with insights
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Flori Ventures
VC Fund · San Francisco, California, United States · 1 investments in South Africa Artificial intelligence startups

More than a seed-stage fund and a portfolio of startups: Our community of founders taps into the power of financial innovation to collaborate around global problems and unlock prosperity for all.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, United Kingdom, Israel

Investor stats

  • Total investments: 106
  • Round size: Seed $250k–$11M; Pre-Seed $100k–$3.5M; Series A $2.8M–$11M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Mento Labs — Mento is bringing FX onchain. We provide institutions with access to onchain FX at real-world rates.
  • Learn.xyz — Learn.xyz’s is a mixture of Duolingo and Wikipedia, powered by AI, creating bite-sized “Curiosities” which feature slides and a quiz, in mere seconds just from taking in a user’s question. Find the app on iOS and Android.
  • Thrive Protocol — Thrive Protocol's vision is to maximize value creation for all people and communities.
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Bantam Group
VC Fund · Westwood, Massachusetts, United States · 1 investments in South Africa Artificial intelligence startups

They are passionate about seeing their portfolio companies become successful.

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Investment focus

  • Industry: Software, Health Care, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Canada, Israel

Investor stats

  • Total investments: 159
  • Round size: Seed $120k–$3.7M; Pre-Seed $500k–$5.7M; Series A $1.6M–$20M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • AI Lean — AI Lean develops an all-in-one technology for processing liens and auctions. The platform automates the lien-to-auction process from end-to-end, with no need to switch between software, and it integrates with existing self-storage software.
  • Aikium Inc. — Protein therapeutics
  • LOOKOUT — Enhance your boating safety with Lookout Camera, the ultimate AI marine vision system. Spot hazards, navigate with augmented reality, and gain situational awareness like never before.
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Nedbank
VC Fund · Sandown, NA - South Africa, South Africa · 1 investments in South Africa Artificial intelligence startups

Nedbank is a one of the largest banks in South Africa.

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Investment focus

  • Industry: Software, Information Technology, Mining
  • Stage:Debt Financing, Post-IPO Debt, Series A
  • Geography: South Africa, Australia, United States

Investor stats

  • Total investments: 24
  • Round size: Series A $2M–$7.5M; Post-IPO Debt $17M–$700M; Debt Financing $2.2M–$195M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Kuunda — Kuunda provides consulting, liquidity management, data insight tools enabling users to fulfill financial needs through a digital platform.
  • Ivanhoe Mines — Ivanhoe Mines (TSX:IVN) is a Canadian mineral exploration and development company advancing three principal projects in Africa:1) The Kamoa copper discovery in a previously unknown extension of the Central African Copperbelt in the Democratic Republic of Congo's southern Katanga province. Members of the Ivanhoe Mines exploration teamrecently received the prestigious Thayer Lindsley Award from the Prospectors & Developers Association of Canada for the Kamoa copper discovery, recognized as the year's top international mineral discovery.Qualified Persons under National Instrument 43-101, have reviewed and approved all of the scientific and technical information contained in the Project sections on this website. Ivanhoe Mines has published independent NI 43-101-compliant technical reports for each of the Kamoa, Platreef and Kipushi projects, which are available at www.sedar.com. These technical reports include relevant information regarding the effective date and the assumptions, parameters and methods of the mineral resource estimates on the Kamoa, Platreef and Kipushi projects in these Project sections.
  • WhereIsMyTransport — WhereIsMyTransport is a leading mobility technology company and central source of complete public transport data for emerging-market megacities. Working on the ground in Africa, Latin America, Southeast Europe and South and Southeast Asia, we digitalise network information from all modes of public transport and maintain data accuracy as thesedynamic systems change. Our products and data services improve the public transport experience, and inform industry-leading clients.
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LeapFrog Investments
VC Fund · Port Louis Town, Port Louis, Mauritius · 1 investments in South Africa Artificial intelligence startups

Scaling purpose-driven businesses to achieve leaps of growth, profitability and impact.

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Investment focus

  • Industry: Financial Services, Finance, Insurance
  • Stage:Private Equity, Series C, Series D
  • Geography: India, Nigeria, United Kingdom

Investor stats

  • Total investments: 79
  • Round size: Series C $20M–$90M; Series D $20M–$175M; Private Equity $9.3M–$180M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: Likely actively investing — fresh fund, raised $1B in 2024

Portfolio highlights

  • Pharmacity — Pharmacity is a pharmacy. They offer prescription and non-prescription drugs, health, personal, and beauty care products, oriental medicine, functional foods, vitamin supplements, and minerals to consumers through their online web store and physical pharma stores.
  • Marengo Asia Healthcare — Marengo Asia Healthcare is a platform that will run multispecialty hospital chains formed by Samara Capital, Havells Family Investment Office, and Godrej Family Investment Office.
  • Global Care Medical Center — Global Care Medical Center is a network of hospitals and clinics that provides multi specialty inpatient and outpatient healthcare services.
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Appsolute Ventures
VC Fund · 1 investments in South Africa Artificial intelligence startups

A South African venture firm focussed on early stage African startups. By the founders of Bottles, the on-demand liquor delivery app.

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Investment focus

  • Industry: Big Data, Analytics, Data Integration
  • Stage:Pre-Seed
  • Geography: South Africa

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • MetaPOS — B2B data platform and mobile POS for informal and township retail. We connect store owners, payment companies, and consumer brands through shared value.
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Karim Beguir
Angel · London, England, United Kingdom · 1 investments in South Africa Artificial intelligence startups

Co-Founder & CEO of InstaDeep and Google Developer Expert in Machine Learning, Karim helps companies get a grip on the latest AI advances and deploy them in practice. A graduate of France’s Ecole Polytechnique and former Program Fellow at NYU’s Courant Institute, Karim has a passion for teaching and using applied mathematics. This encouragedhim to launch InstaDeep, nominated at MWC17 in the top 20 global startup list by PCMAG. He is on a mission to democratize AI and make it accessible to a wider audience.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Tunisia, France, United Kingdom

Investor stats

  • Total investments: 12
  • Round size: Seed $630k–$30M; Pre-Seed $600k–$600k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Dabchy — Created in 2016 by Ameni Mansouri, Ghazi Ketata, and Osama Mahjoub, Dabchy is a localized fashion marketplace where women can buy and sell their new or used fashion items online. Dabchy is headquartered in Tunis, Tunis, Tunisia.
  • Thunder Code — Transform your QA process with Thunder Code's AI-powered test automation platform. Create, manage, and run automated tests without coding - perfect for QA teams seeking efficiency, reliability, and seamless integration.
  • Blueprint Bryan Johnson — On the surface, Blueprint may seem something about health, wellness and aging. It's really a system to make tomorrow better for you, me, the planet and our shared future with AI.
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Mozilla Ventures
VC Fund · New Castle, Delaware, United States · 1 investments in South Africa Artificial intelligence startups, 9 in the past 12 months

Mozilla Ventures seeks to invest in early-stage startups focusing on technology sector.

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Investment focus

  • Industry: Artificial Intelligence, Software, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Germany, United Kingdom

Investor stats

  • Total investments: 29
  • Round size: Seed $2.8M–$15M; Pre-Seed $580k–$5.4M; Series A $5.8M–$20M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Galtea — Keep your AI product reliable and secure as you scale with Galtea, the AI evaluation platform built for regulated industries.
  • Era — Creating intelligence to fit objects you love.
  • Union.ai — We enable software users with the tools to take their ideas from conception to high quality production.
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Andrew Bredenkamp
Angel · Zürich, Zurich, Switzerland · 1 investments in South Africa Artificial intelligence startups

Andrew Bredenkamp is founder and CEO of Acrolinx. Andrew has been solving content problems for the world’s biggest brands for over 25 years. Before starting Acrolinx, Andrew was Head of the Technology Transfer Centre at the German Research Center for Artificial Intelligence (DFKI) Language Technology Lab. Andrew holds degrees in languages,linguistics and a PhD in Computational Linguistics. He is on the advisory board of a number of organizations, including Translators without Borders.

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Investment focus

  • Industry: Software, Speech Recognition, Translation Service
  • Stage:Seed
  • Geography: South Africa

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Lelapa AI — Lelapa AI is an AI-driven language technology startup specializing in low-resource languages, creating innovative solutions to bridge linguistic gaps and enhance digital accessibility.
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Digital Africa Ventures
VC Fund · Johannesburg, NA - South Africa, South Africa · 1 investments in South Africa Artificial intelligence startups

Backing the Bold. Creating African success stories, one founder at a time.

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Investment focus

  • Industry: Software, Logistics, Supply Chain Management
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: South Africa, Tunisia, The Netherlands

Investor stats

  • Total investments: 6
  • Round size: Seed $1.8M–$5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Tripplo — Tripplo is a platform to automate and optimise operations for transporters, cargo owners and cargo brokers.
  • TUNL — Ship globally with ease. TUNL offers affordable, transparent international shipping built for South African brands. Up to 91% cheaper. No surprises.
  • Konnect — Konnect provides a cross borders payment solution intended to simplify complex financial flows allowing companies of any scale and size to send and receive payments in a practical, secure, and low-cost way.
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Jeff Dean
Angel · Palo Alto, California, United States · 1 investments in South Africa Artificial intelligence startups

Jeff Dean is the Chief Scientist of Google DeepMind and Google Research. He joined Google in 1999 and has played a pivotal role in shaping the company’s technical foundations. He currently focuses on advancing AI and deep learning research across Google’s research teams.He co-founded and led the Google Brain team, helping drive innovations indeep learning for speech recognition, computer vision, natural language understanding, and a wide range of predictive applications. Over the years, he has co-designed and implemented several generations of Google's core systems, including its web search infrastructure, crawling and indexing pipelines, and advertising technologies such as AdSense for Content.He is also a key contributor to Google's distributed computing infrastructure, having co-designed and implemented systems like MapReduce, BigTable, Spanner, Protocol Buffers, LevelDB, and TensorFlow—one of the most widely used open-source machine learning platforms.Jeff Dean earned his Ph.D. in Computer Science from the University of Washington in 1996. He is a Fellow of the ACM, a member of the U.S. National Academy of Engineering and the American Academy of Arts and Sciences, and a recipient of the ACM-Infosys Foundation Award in the Computing Sciences and the Mark Weiser Award.

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Investment focus

  • Industry: Artificial Intelligence, Information Technology, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, United Kingdom, Japan

Investor stats

  • Total investments: 101
  • Round size: Seed $2.5M–$35M; Pre-Seed $450k–$2.3M; Series A $10M–$60M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Terraton — Terraton is a biochar platform that provides equipment, design, and financing to agribusiness operators.
  • Moonlake AI — Vibe code games and worlds into existence.
  • Periodic Labs — Periodic Labs develops artificial intelligence systems that simulate and predict the properties of materials using machine learning. The company applies computational models to support the discovery and design of materials used in sectors such as energy, electronics, and infrastructure. It builds tools that aim to reduce the time and costassociated with traditional research and development processes. Periodic Labs uses AI to analyze large-scale scientific data and collaborates with academic and industry partners to support material science research.
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Capaci.Tech
VC Fund · Johannesburg, NA - South Africa, South Africa · 1 investments in South Africa Artificial intelligence startups

CapaciTech operates as a South African holding company that consists of an advisory business and special purposes vehicles that house shareholdings in various entrepreneurial ventures.

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Investment focus

  • Industry: Apps, Software, B2B
  • Stage:Seed
  • Geography: South Africa, Kenya, United States

Investor stats

  • Total investments: 9
  • Round size: Seed $10k–$4M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • TUNL — Ship globally with ease. TUNL offers affordable, transparent international shipping built for South African brands. Up to 91% cheaper. No surprises.
  • Marquee Group — Marquee Group is a sports management focused on Golf and train athletes to achieve goals.
  • Right Now Response — The future of repairs starts soon. Counting down to smarter tracking in 2025! There are perks to working 24/7, 365 days a year... Like launching the future of repairs ahead of schedule!
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Basecamp Fund
VC Fund · New York, New York, United States · 1 investments in South Africa Artificial intelligence startups

Access curated startup investment opportunities and diversified venture capital exposure designed for accredited investors.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Canada, Kenya

Investor stats

  • Total investments: 50
  • Round size: Seed $2.2M–$6M; Pre-Seed $500k–$2M; Series A $12M–$40M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Niche — Niche is a social application that reinvents the way people connect and build community. It is a members-only club for the user's communities, groups, and hobbies.
  • Banana — Inference hosting for AI teams who ship fast and scale faster.
  • Gordy Health — Gordy Health is a virtual care provider exclusively focused on blood pressure management to lower patients’ risk for heart attack, stroke, and kidney failure. The company aims to prevent complications from high blood pressure to have healthier lives and live longer. Gordy Health was founded in 2021 and is based in Pasadena, California.
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Artificial Intelligence Investor funding in South Africa at a glance

Stats across 147 deals from 191 investors.

191
investors
in South Africa Artificial intelligence startups
147
deals
in South Africa Artificial intelligence startups
$652k
median round
in South Africa Artificial intelligence startups
50%
lead investors
lead at least one round
28%
Seed
most common funding stage
92/8
VC / Angel
share of investor count

Access all 191 investors in South Africa Artificial intelligence startups.

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