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Top 50 Consumer Startup Investors in South Africa (November 2026)

The most active venture capital funds and angel investors investing in South Africa Consumer startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in South Africa Consumer startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
4Di Capital
VC Fund
3 South Africa, United States, Kenya Seed, Series A, Pre-Seed Software, Financial Services, Mobile $677k–$47M
Knife Capital
VC Fund
2 South Africa, United States, United Kingdom Series A, Venture - Series Unknown Software, Information Technology, Education $1M–$15M
FJ Labs
VC Fund
2 United States, United Kingdom, Brazil Seed, Series A, Series B Software, E-Commerce, Financial Services $1.2M–$65M
Vumela Fund
VC Fund
2 South Africa, Brazil Seed, Venture - Series Unknown, Debt Financing Education, Hospital, Software $500k–$1.7M
AgFunder
VC Fund
1 United States, United Kingdom, India Seed, Series A, Pre-Seed Agriculture, AgTech, Biotechnology $100k–$28M
Future Africa
VC Fund
1 Nigeria, United States, Kenya Seed, Pre-Seed, Series A Financial Services, FinTech, Information Technology $100k–$40M
Mato Perić
Angel
1 Germany, India, United Kingdom Seed, Series A, Pre-Seed Financial Services, FinTech, E-Commerce $2M–$100M
Ashwin Ravichandran
Angel
1 Ghana, Nigeria, United States Non-Equity Assistance, Pre-Seed, Seed Education, Health Care, Information Technology $100k–$1.2M
Orbit Ventures
VC Fund
1 China, United States, India Seed, Pre-Seed, Convertible Note E-Commerce, Software, Artificial Intelligence $30k–$20M
J.P. Morgan Asset Management
VC Fund
1 United States, China, India Private Equity, Series B, Series D Financial Services, FinTech, Finance $19M–$200M
AngelHub Ventures
VC Fund
1 South Africa, Mexico, Colombia Seed, Series A, Pre-Seed Software, Information Technology, Education $300k–$2.3M
Strattech Partners
VC Fund
1 United States, South Africa Seed, Series C Software, E-Commerce, B2B
Tushar Ahluwalia
Angel
1 Germany, Mexico, South Africa Seed, Pre-Seed, Angel Retail, InsurTech, Insurance $3.4M–$50M
E4EAfrica
VC Fund
1 South Africa, Germany, Mauritius Seed, Pre-Seed, Series A Internet, Logistics, Supply Chain Management $1M–$8.4M
NuState Capital
VC Fund
1 South Africa Seed, Venture - Series Unknown, Series A Education, Software, SaaS
Zephyr Acorn
VC Fund
1 Kenya, Rwanda, India Seed, Series A, Pre-Seed Financial Services, Banking, FinTech $125k–$10M
Savannah Fund
VC Fund
1 Kenya, United States, South Africa Seed, Series A, Pre-Seed Software, E-Commerce, FinTech $25k–$12M
Joe Caruso
Angel
1 United States, France, Israel Seed, Pre-Seed, Series A Software, SaaS, Internet $420k–$2.2M
Microsoft
VC Fund
1 United States, United Kingdom, Canada Grant, Non-Equity Assistance, Seed Software, Information Technology, Artificial Intelligence $5k–$18M
Capaci.Tech
VC Fund
1 South Africa, Kenya, United States Seed Apps, Software, B2B $10k–$4M
Accion Ventures
VC Fund
1 India, United States, Mexico Seed, Series A, Series B Financial Services, FinTech, Finance $500k–$30M
Vikram Chopra
Angel
1 India, South Africa Seed, Series B Internet, Retail, Fashion $1.3M–$9.5M
RiverPark Ventures
VC Fund
1 United States, Canada, United Kingdom Seed, Series A, Series B Software, E-Commerce, SaaS $1M–$63M
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
Ingressive Capital
VC Fund
1 Nigeria, United States, Egypt Pre-Seed, Seed, Series A Financial Services, FinTech, Information Technology $25k–$15M
Presight Capital
VC Fund
1 United States, United Kingdom, Germany Seed, Series A, Series B Biotechnology, Health Care, Financial Services $2M–$125M
Thinkroom Consulting
VC Fund
1 South Africa Seed Fashion
Serra de Estrela Investments Ltd
VC Fund
1 South Africa, United States Seed Drones, Manufacturing, Product Design
Tahseen Consulting
VC Fund
1 India, Pakistan, Peru Seed, Angel, Pre-Seed Information Technology, E-Commerce, Transportation $150k–$1.5M
Untapped Global
VC Fund
1 Kenya, South Africa, United Kingdom Seed, Series B, Venture - Series Unknown Transportation, FinTech, Financial Services $1.2M–$30M
Next Chymia Consulting
VC Fund
1 Kenya, Ghana, Japan Seed, Corporate Round, Venture - Series Unknown FinTech, Software, Blockchain $580k–$2M
Kepple Africa Ventures
VC Fund
1 Nigeria, Kenya, Egypt Seed, Pre-Seed, Series A Financial Services, FinTech, Software $100k–$23M
Voskhod Venture Capital
VC Fund
1 Russian Federation, South Africa, United Kingdom Seed, Venture - Series Unknown Drones, Food and Beverage, Information Technology $113k–$5.3M
Anthony Nicalo
Angel
1 Kenya Pre-Seed Banking, FinTech, Embedded Software
Wes Schwalje
Angel
1 India, United States, Mexico Seed, Pre-Seed, Series A FinTech, Financial Services, Information Technology $150k–$7.5M
Frank Smit
Angel
1 South Africa Seed Fashion
Paper Plane Ventures
VC Fund
1 South Africa Series A AgTech, Drones, Farming
Jean-Paul Zammitt
Angel
1 South Africa Seed Retail, Fashion
Leonard Stiegeler
Angel
1 Nigeria, South Africa, United States Seed, Angel, Pre-Seed FinTech, Financial Services, B2B $1.3M–$6M
Oliver Merkel
Angel
1 Germany, South Africa, United States Seed, Angel, Pre-Seed Retail, Fashion, Banking $6M–$9.8M
Shola Akinlade
Angel
1 Nigeria, Kenya, Rwanda Pre-Seed, Seed FinTech, Education, Insurance $192k–$4M
TRT Investments
VC Fund
1 South Africa Private Equity Manufacturing, Consumer Goods
Alitheia IDF
VC Fund
1 Nigeria, South Africa, Ghana Venture - Series Unknown, Series A, Seed E-Commerce, Retail, Logistics $2.8M–$13M
Codec Ventures
VC Fund
1 South Africa Seed Consumer Goods, Consumer Electronics
Moscow Venture Fund
VC Fund
1 South Africa Drones, Security, Drone Management
Lireas Holdings
VC Fund
1 South Africa, United States Seed, Series A, Series B FinTech, InsurTech, Information Technology $5.4M–$47M
Daniel Funk
Angel
1 South Africa Seed Retail, Fashion
Voltron Capital
VC Fund
1 Nigeria, United States, Senegal Pre-Seed, Seed, Angel Financial Services, FinTech, Payments $120k–$3M
Garage Capital
VC Fund
1 Canada, United States, Israel Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $765k–$50M
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

4Di Capital
VC Fund · Cape Town, NA - South Africa, South Africa · 3 investments in South Africa Consumer 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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Knife Capital
VC Fund · Cape Town, NA - South Africa, South Africa · 2 investments in South Africa Consumer 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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FJ Labs
VC Fund · New York, New York, United States · 2 investments in South Africa Consumer startups

FJ Labs is a stage-agnostic investment firm that focuses on marketplaces and consumer facing startups.

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Investment focus

  • Industry: Software, E-Commerce, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Kingdom, Brazil

Investor stats

  • Total investments: 1819
  • Round size: Seed $1.2M–$9.8M; Series A $5M–$30M; Series B $10M–$65M
  • Lead/follow: 3% lead, 97% follow
  • Last fund: May invest from a new fund soon — raised $5.5M in 2016

Portfolio highlights

  • HUNTY — HUNTY is a platform that help people find jobs by connecting them with world class mentors who prepare them for the job search process. And people only pay when they get hired.
  • Goodweek — The AI management platform that gives partners and businesses one secure place for every AI model.
  • Clarity Care AI — Clarity Care AI develops healthcare artificial intelligence software that supports care delivery and operations. The platform assists clinicians and care teams with documentation, task management, and communication around patient needs. Features include note drafting, summarization of patient information, and notifications that flag items requiring follow-up. Integrations connect to existing tools to streamline handoffs and keep records consistent across teams. Analytics highlight trends in patient status and operational workload to inform daily decisions. Implementation services, training resources, and ongoing product support help healthcare organizations adopt and use the software.
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Vumela Fund
VC Fund · Hyde Park, Newtownabbey, United Kingdom · 2 investments in South Africa Consumer 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 was capitalised 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, Venture - Series Unknown, Debt Financing
  • Geography: South Africa, Brazil

Investor stats

  • Total investments: 26
  • Round size: Seed $600k–$910k; Debt Financing $1.1M–$1.7M; Venture - Series Unknown $500k–$1M
  • Lead/follow: 81% lead, 19% 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.
  • 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.
  • Iris Fresh Pty Ltd — Iris Fresh exports fresh produce from Southern Africa to international buyers.
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AgFunder
VC Fund · San Francisco, California, United States · 1 investments in South Africa Consumer 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: 160
  • Round size: Seed $700k–$9M; Pre-Seed $100k–$1.1M; Series A $4.5M–$28M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely still investing — raised $362k in 2024

Portfolio highlights

  • OlsAro — OlsAro produces salt-tolerant crops.
  • Resurrect Bio — Resurrect Bio discovers crop disease-resistance traits, using AI and high-throughput in-planta screening to deliver them to seed companies up to 10x faster.
  • IIF — A farm in your pocket.
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Future Africa
VC Fund · San Francisco, California, United States · 1 investments in South Africa Consumer 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: 93
  • 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
  • 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.
  • Talent Nation — Talent Nation trains and places AI engineers with businesses through its Learn2Earn academy.
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Mato Perić
Angel · London, England, United Kingdom · 1 investments in South Africa Consumer startups

Mato invests in technology companies globally. His portfolio companies have raised over US$ 5 billion in capital, employ >15,000 people and have operations in 35 countries across six continents.

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Investment focus

  • Industry: Financial Services, FinTech, E-Commerce
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Germany, India, United Kingdom

Investor stats

  • Total investments: 55
  • Round size: Seed $2M–$10M; Pre-Seed $3M–$6M; Series A $8M–$100M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Faro — Every garment deserves to be worn. Leveraging technology and a specialised supply chain, FARO enables brands to offload obsolete inventory through stores in non-core markets, ensuring complete traceability throughout the process.
  • Tern Group — Tern Group is an AI Platform to hire and relocate top healthcare talents globally, faster and cheaper. TERN is a full-stack solution to source and relocate top-tier medical and engineering talent from India, North Africa, South Africa, and Central Asia and the approach ensures a seamless, ethical, and transparent migration process, drasticallycutting complexity and shaving costs for healthcare systems.
  • Bamba — Today, organizations spend a lot of money on physical data gathering exercises using old-fashioned paper-based methods. These methods result in expensive, severely delayed and incomplete data . With Bamba, a client can launch a data collection exercise anywhere in the world simply from the comfort of their web browser and the client can ensureindividuals respond with complete answers by paying those individuals for that data with mobile airtime in 122 different countries thus far.
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Ashwin Ravichandran
Angel · Accra, Greater Accra, Ghana · 1 investments in South Africa Consumer startups

Ashwin Ravichandran is the Co-Founder & Head of Operations at Spark. Ashwin attended Amrita Vishwa Vidyapeetham.

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Investment focus

  • Industry: Education, Health Care, Information Technology
  • Stage:Non-Equity Assistance, Pre-Seed, Seed
  • Geography: Ghana, Nigeria, United States

Investor stats

  • Total investments: 35
  • Round size: Seed $100k–$1.2M; Pre-Seed $100k–$110k
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Qwili — Qwili makes smartphones with a voice-guided, local language onboarding experience for new users.
  • Wi-Flix — Wi-flix is a streaming service that offers 30,000+ hours of African drama series, telenovelas, movies, sports, and more.
  • Craft Education — Craft Education is a social enterprise offering teletherapy platform for children, providing behavioral therapy and live support via mobile.
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Orbit Ventures
VC Fund · Singapore, Central Region, Singapore · 1 investments in South Africa Consumer startups, 32 in the past 12 months

Orbit helps scale breakthrough startups from around the globe across emerging and frontier markets.

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Investment focus

  • Industry: E-Commerce, Software, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: China, United States, India

Investor stats

  • Total investments: 577
  • Round size: Seed $100k–$2M; Pre-Seed $100k–$1M; Convertible Note $30k–$20M
  • Lead/follow: 73% lead, 27% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • i4TECH — Modular, scalable, fully managed manufacturing digital solutions that enable your AI adoption. Moving Industry 4.0 forwards with a unified, comprehensive data driven approach
  • Qanary — Qanary is a digital second-opinion platform designed to help radiologists detect cancer at its earliest, most treatable stages.
  • openmed — OpenMed provides digital healthcare services, telemedicine, pharmacy products, diagnostics, and medication delivery.
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J.P. Morgan Asset Management
VC Fund · New York, New York, United States · 1 investments in South Africa Consumer startups

J.P. Morgan Asset Management is an asset manager for individuals, advisors, and institutions. Their investment professionals are located around the world, providing strategies that span the full spectrum of asset classes. As one of the largest asset and wealth managers in the world, with assets under management of $1.7 trillion (as of December 31, 2014), they provide global market insights and a range of investment capabilities that few other firms can match.

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Private Equity, Series B, Series D
  • Geography: United States, China, India

Investor stats

  • Total investments: 54
  • Round size: Series B $19M–$105M; Series D $75M–$165M; Private Equity $50M–$200M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely actively investing — fresh fund, raised $138M in 2026

Portfolio highlights

  • Fruitist — Inspiring enjoyable and nutritious snacking with premium berries and cherries.
  • Korsana Biosciences — Korsana Biosciences develops THETA-enabled antibody therapies for neurodegenerative diseases. The company focuses on shuttled monoclonal antibodies that cross the blood-brain barrier to reach central nervous system targets. Its lead program, KRSA-028, is an investigational anti-amyloid beta antibody for Alzheimer’s disease that uses a transferrinreceptor-based shuttle and Fc engineering to improve brain delivery and dosing. Korsana is also advancing additional THETA-based programs for undisclosed neurodegenerative indications.
  • Suzhou Dongshan Precision Manufacturing — Suzhou Dongshan Precision Manufacturing engaged in research, development, manufacture and distribution of precision metal products.
Show all investments...

Access 48,091 investors

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

Browse database — It's Free!
AngelHub Ventures
VC Fund · Stellenbosch, NA - South Africa, South Africa · 1 investments in South Africa Consumer startups

Operating out of Stellenbosch in South Africa and backed by two family offices Angelhub Ventures's team is passionate about early stage investments in (South) Africa. Being entrepreneurial ourselves, we thoroughly understand the challenges and changes our founders face – which is why we back them in any way we can. Most importantly, we believe in building great businesses and we are in it for the long haul.

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Investment focus

  • Industry: Software, Information Technology, Education
  • Stage:Seed, Series A, Pre-Seed
  • Geography: South Africa, Mexico, Colombia

Investor stats

  • Total investments: 14
  • Round size: Seed $2M–$2.3M; Series A $300k–$1.7M
  • Lead/follow: 71% lead, 29% follow
  • Last fund: May invest from a new fund soon — last raise in 2014

Portfolio highlights

  • Motai —
  • Syscap — Syscap is a financial technology company that offers cutting-edge solutions to financial institutions to have a better administration and management of their funding sources. It connects the leaders of financial and real estate institutions with their funders. For institutions, the company ensures the optimization of their funding source managementprocesses, but also the strengthening of the relationship with their funders. To funders, Syscap guarantees the transparency and timely monitoring of its funds for the safety and growth of its resources.
  • Velocity — Velocity is a micro fulfillment dark store that delivers through digital channels.
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Strattech Partners
VC Fund · Devon, Pennsylvania, United States · 1 investments in South Africa Consumer startups

Strattech Partners, located in Devon, PA, is a consulting and venture capital firm that focuses on the development of growth stage companies. We offer CEO and CFO consulting services, operational consulting, and general financial consulting services, including treasury, general and strategic management services. Past engagements have includedacting CFO assignments as well as interim Controller/VP Finance assignments, turnaround and restructuring assistance, and other positions related to implementing change within organizations. Venture Capital investments are done through Strattech Partners I, LP and through our affiliate Zon Capital Partners, an SBIC venture fund.

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Investment focus

  • Industry: Software, E-Commerce, B2B
  • Stage:Seed, Series C
  • Geography: United States, South Africa

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Qwili — Qwili makes smartphones with a voice-guided, local language onboarding experience for new users.
  • EcomXML — EcomXML is a leading e-commerce solution provider for business-to-business (B2B) enterprise integration. EcomXML provides companies with enterprise integration solutions to link their buyers, suppliers and e-commerce portals together to streamline their e-business in real-time through the Internet. EcomXML utilizes open XML technology to achieveboth inter-company and intra-company integration regardless their existing technology infrastructure.
  • StarCite — StarCite's online business-to-business software and services allow corporations to purchase and manage products and services related to their company meetings and events.
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Tushar Ahluwalia
Angel · 1 investments in South Africa Consumer startups

Tushar Ahluwalia is based out of Germany and is the CEO and Co-Founder of GeneralMind. Tushar previously worked at Razor Group as a Co-CEO and Co-Founder. Tushar Ahluwalia attended London Business School.

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Investment focus

  • Industry: Retail, InsurTech, Insurance
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Germany, Mexico, South Africa

Investor stats

  • Total investments: 7
  • Round size: Seed $6M–$50M; Pre-Seed $3.4M–$6.2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • NUMOS — NUMOS is an insurance tech platform.
  • Xaver — Xaver enables Financial Institutions to close Europe’s pension gap. By offering an advanced AI-driven B2B platform for life insurance and private pension sales, Xaver enhances the operational and sales efficiency of banks, insurers, and brokers by up to 65% and introduces a new era of white-labeled private pension products.With a leadership teamof experienced industry veterans - Max Bachem, Ole Breulmann, and Dr. Björn Holste - and backing from leading VC funds and a prominent group of former financial institution executives, fintech pioneers, and unicorn founders, Xaver is dedicated to improving the pension situation of Europeans through their B2B offering.
  • Faro — Every garment deserves to be worn. Leveraging technology and a specialised supply chain, FARO enables brands to offload obsolete inventory through stores in non-core markets, ensuring complete traceability throughout the process.
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E4EAfrica
VC Fund · Cape Town, NA - South Africa, South Africa · 1 investments in South Africa Consumer startups

E4E Africa Backing category-defining emerging market businesses. We invest in businesses that drive economic opportunity and sustainable growth.Learn MoreE4E specializes ... Read More

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Investment focus

  • Industry: Internet, Logistics, Supply Chain Management
  • Stage:Seed, Pre-Seed, Series A
  • Geography: South Africa, Germany, Mauritius

Investor stats

  • Total investments: 28
  • Round size: Seed $1.2M–$7.5M; Pre-Seed $1M–$2M; Series A $1M–$8.4M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Kuunda — Kuunda provides consulting, liquidity management, data insight tools enabling users to fulfill financial needs through a digital platform.
  • Jem — We give employers the ability to send company-wide communications, deliver payslips, manage leave & give employees access to their earnings, via WhatsApp.
  • Ridge — Ridge structures natural assets into regulated financial products, issued with an ISIN and accessible through existing banking infrastructure.
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NuState Capital
VC Fund · Johannesburg, NA - South Africa, South Africa · 1 investments in South Africa Consumer startups

NuState Capital as private equity investor is to generate attractive returns through positive social transformation.

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Investment focus

  • Industry: Education, Software, SaaS
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: South Africa

Investor stats

  • Total investments: 5
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Sticitt — Sticitt is a cashless payment platform. Sticitt services schools, lifestyle and golf estates, as well as events and is assisting one utility company to get clients to pay for water bills using its cashless payments system.
  • d6 — SCHOOLS Schools Communication Platforms and School Management Software COMMUNITIES Community & Internal Business Communication Platforms MEDIA Let your brand be seen Advertise on
  • Principal Software(d6 education) — d6 is a school management software application that helps you manage your school's curriculum, administration, communication and finance.
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Zephyr Acorn
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in South Africa Consumer startups

Zephyr Management is a global emerging markets investment manager, specializing in the creation and management of highly focused private equity and venture capital funds.

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Investment focus

  • Industry: Financial Services, Banking, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Kenya, Rwanda, India

Investor stats

  • Total investments: 20
  • Round size: Seed $125k–$3M; Series A $2M–$10M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Arifu — Home About Us Impact Gender Dynamics of Using Mobile Technology Informed Consumers Improve Financial Service Utilization Digital training benefits farmers and agricultural institutions Resources Careers Contact Us X DEMO SCHEDULE A DEMO About Arifu https://vimeo.com/531804968Arifu is an education technology company established in 2015 in Kenya. We offer a content marketplace that brings together subject matter
  • Emata — Emata brings digital and affordable financial products to farmers in East Africa.
  • Power — Putting individuals on the path towards financial health
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Savannah Fund
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in South Africa Consumer startups

Savannah Fund is a seed capital fund specializing in US$25,000-US$500,000 investments in early stage high growth technology (web and mobile) startups in sub-Saharan Africa. Initially focused on East Africa, the fund aims to bridge the early stage/angel and venture capital investment gap that currently exists in Africa. The Fund expects to achieve this objective by combining capital with mentor networks both in the region and from Silicon Valley via an accelerator program and a follow-on independent seed fund. The fund is managed by an experienced and technology savvy team that have founded companies or are actively involved in angel investing or having run successful accelerator programs in past but also understand the unique Subsaharan African environment. They are backed and supported by both local, regional and international networks of angels,venture capitalists whose expertise we can draw on to help startups succeed and scale to fully fledged regional or global companies. They believe in the potential for Africa to become a global technology innovator by creating sustainable for profit companies that create jobs and make an impact.

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Investment focus

  • Industry: Software, E-Commerce, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Kenya, United States, South Africa

Investor stats

  • Total investments: 48
  • Round size: Seed $25k–$3.3M; Pre-Seed $25k–$2.1M; Series A $750k–$12M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: May invest from a new fund soon — raised $25M in 2021

Portfolio highlights

  • Aya Data — Aya Data provides high-quality data annotation, AI training data, 3D annotations, machine learning solutions and also specialises in geospatial, NLP and computer vision projects.
  • Kubik — Kubik makes low-carbon buildings from plastic waste. Bringing environmental dignity to how countries grow.
  • Hohm Energy — We make the process of going solar simple. Generate your free, custom solar proposal and get matched with an accredited solar provider in under 5 mins.
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Joe Caruso
Angel · Boston, Massachusetts, United States · 1 investments in South Africa Consumer startups

For the last 20 years Joe has served as mentor, coach, and personal advisor to CEO’s and entrepreneurs. In recent years, he has served as investor, advisor and active director with dozens of companies, public and private. Joe is currently a member of Launchpad Venture Group and was previously a member of Walnut Ventures, Common Angels, eCoast Angels and a principal of Brookwood Partners, all investment groups for early stage companies. He also maintains an active consulting practice dealing with structuring and negotiation of acquisitions, strategic partnerships and financings, and issues related to dispute resolution. He has served on dozens of boards over the years and is recipient of the Leadership in Private Corporate Governance award from the National Association of Corporate Directors New England Chapter. He is a graduate of Northeastern University (BSEE with honors) and the Harvard Business School (MBA) He has served as advisor to Northeastern’s School of Technological Entrepreneurship, and serves as a mentor for Boston University's entrepreneurship program, the Boston TechStars program, and Mass Challenge. Previously, Joe served as interim CEO for companies in need of strategic change - running businesses ranging from 5 to 1,000 employees. Early in his career, he worked at Teradyne and Autex, Inc., and was CEO at Cyborg Corporation, a venture-funded company that was a pioneer in the use of PC’s in laboratory and factory automation. He also has served as an arbitrator for the American Arbitration Association. Former board memberships include: ACT Medical, Acumenta, Adhesive Technologies, American Fantasy Sports, Audiofile, Boston Restaurant Associates, Boston University's Photonics Center (advisory director), Coffee Connection, Colonial Mills, Common Angels, Corion, Cyborg Corporation, General Analysis, Haymarket Bank, Iconics, i2Chem, Laser Science, Metrisa, MicroE, Nimbit, Qiave Technologies, QD Vision, Quant Funds (trustee); Tytronics, Wwwhoosh, Zentox, the Turnaround Management Association (founding director, New England Chapter), the National Association of Corporate Directors (New England Chapter), the Association for Corporate Growth (New England Chapter) and WEST (Women Entrepreneurs in Science and Technology). Joe has also served as an arbitrator for the American Arbitration Association.

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Investment focus

  • Industry: Software, SaaS, Internet
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, France, Israel

Investor stats

  • Total investments: 26
  • Round size: Seed $420k–$2.2M; Pre-Seed $650k–$1.4M; Series A $1.6M–$2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • AceUp, Inc. — AceUp is the premier leadership development coaching solution, with unparalleled coaches, technology, and analytics.
  • Konnecto — Market Intelligence | Konnecto | Prescriptive Analytics Konnecto is a GTM Intelligence Platform that provides brands with an ongoing blueprint on how to increase online sales and improve marketing ROI
  • Surround Insurance — Helping consumers in their 20s and 30s get started with insurance that's fast, simple, and personalized for modern life.
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Microsoft
VC Fund · Redmond, Washington, United States · 1 investments in South Africa Consumer startups

Microsoft manufactures personal computers and accessories under the Surface line, alongside engineering the Windows operating system family for computing devices. Its product architecture incorporates the Microsoft 365 cloud productivity suite, which packages digital tools for database administration, internal communications, and electronic mailing. For corporate infrastructure, the organization supplies cloud computing capabilities via Microsoft Azure, enterprise optimization software through Dynamics 365, and cybersecurity automation applications. The firm also oversees the Xbox video gaming brand, managing subscription services, hardware consoles, and digital entertainment storefronts.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Grant, Non-Equity Assistance, Seed
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 314
  • Round size: Seed $5k–$4M; Grant $25k–$2.5M; Non-Equity Assistance $5k–$18M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely still investing — raised $1B in 2023

Portfolio highlights

  • Meta — Meta is a social-technology company that offers a wide ecosystem of applications and hardware. Its Family of Apps includes platforms like Facebook, Instagram, Messenger, WhatsApp, and Threads, which allow people to communicate, share content, and form communities. On the hardware side, Meta’s Reality Labs develops virtual and augmented reality devices, including Meta Quest headsets and smart glasses. Meta also builds artificial intelligence tools, notably Meta AI, powered by its Llama large language models, and envisions long-term digital spaces in the form of a metaverse.
  • GuidenAI — GuidenAI Inc. makes Genpio, an AI livestream platform, and Broxi AI, custom AI agents built and run for you. Offices in San Francisco and Ho Chi Minh City.
  • NotchPixel — NotchPixel brings a dynamic island to Windows. It sits at the top of the screen as a small black pill and grows when something happens: the song that's playing, a volume or brightness change, a call timer with a one-click mic mute, a download finishing, or a notification you can open with a click. Open it and you get a set of panels you choose yourself. There's a widgets board with the date, calendar, timer, weather and system stats, a clipboard history, a file shelf that can send files to your phone over Wi-Fi, a screen recorder that captures your voice too, and a small browser drawer that stays on top of games without pulling you out of them. Streamers can show their Twitch or YouTube chat in an overlay. Everything runs on your own PC. There's no account, no ads and no tracking, and recordings and clipboard text never leave the machine. It also has full accessibility settings: larger text, higher contrast and reduced motion. NotchPixel launched on the Microsoft Store in September 2026 and is built by an independent developer.
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Capaci.Tech
VC Fund · Johannesburg, NA - South Africa, South Africa · 1 investments in South Africa Consumer 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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Accion Ventures
VC Fund · Washington, District of Columbia, United States · 1 investments in South Africa Consumer startups

Accion Ventures is an investment strategy that today pursues early-stage investments as part of Accion Impact Management.

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Seed, Series A, Series B
  • Geography: India, United States, Mexico

Investor stats

  • Total investments: 150
  • Round size: Seed $500k–$6.2M; Series A $2.5M–$17M; Series B $8M–$30M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely actively investing — fresh fund, raised $62M in 2025

Portfolio highlights

  • Kuunda — Kuunda provides consulting, liquidity management, data insight tools enabling users to fulfill financial needs through a digital platform.
  • Revrag — Embed AI agents directly into your BFSI product. Automate onboarding, re-engage drop-offs, and drive conversions with In-App and Calling AI agents.
  • Finfra — From application to decisioning to operations - FINFRA provides the necessary infrastructure and services for technology companies to embed financial services to their environment through a seamless integration.
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Vikram Chopra
Angel · Gurgaon, Haryana, India · 1 investments in South Africa Consumer startups

Vikram Chopra is the Co-Founder and Chief Executive Officer of CARS24. He is a former Co-FOunder of FabFurnish and Investment Analyst of Sequoia Capital and was Business Analyst at McKinsey & Company.Mr. Chopra received a BTech and MTech in Engineering at Indian Institute of Technology, Bombay, and earned an MBA in Finance at the Universityof Pennsylvania - The Wharton School.

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Investment focus

  • Industry: Internet, Retail, Fashion
  • Stage:Seed, Series B
  • Geography: India, South Africa

Investor stats

  • Total investments: 11
  • Round size: Seed $1.3M–$9.5M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Cautio — The future of road safety starts here.
  • Ninecamp — Ninecamp is a food and beverage company. They anticipate creating new and unique brands with a strong emphasis on high-quality offerings in product, service, and design.
  • Faro — Every garment deserves to be worn. Leveraging technology and a specialised supply chain, FARO enables brands to offload obsolete inventory through stores in non-core markets, ensuring complete traceability throughout the process.
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RiverPark Ventures
VC Fund · New York, New York, United States · 1 investments in South Africa Consumer startups

RiverPark Ventures is an early stage venture capital fund, founded by entrepreneurs to invest in entrepreneurs. RiverPark Ventures is part of the RiverPark family of funds, a multi-strategy portfolio management firm. RiverPark Funds collectively manage over $3 billion in assets.

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Investment focus

  • Industry: Software, E-Commerce, SaaS
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 294
  • Round size: Seed $1M–$6.5M; Series A $4.8M–$22M; Series B $10M–$63M
  • Lead/follow: 4% lead, 96% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Slate Milk — Slate is a line of delicious, lower sugar, higher protein, lactose free chocolate milks and lattes for healthy-minded people.
  • System Labs — System is a modern longevity and preventative care platform that delivers science-backed treatments and support - entirely online. From hormone health to metabolism, we help you take control of your long-term wellness with expert-led care and convenient delivery.
  • Hike Medical — Transform foot health with Hike Medical. Our custom insoles and cutting-edge solutions are designed for on-feet workers, enhancing comfort, mobility, and overall well-being.
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Bantam Group
VC Fund · Westwood, Massachusetts, United States · 1 investments in South Africa Consumer 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: 168
  • 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 is the only complete end-to-end automation platform for self-storage collections, lien compliance, and delinquency recovery. From day one past due through the self-storage auction and a re-rented unit, we help operators recover more, cut delinquency, and stay compliant across every state. Fr
  • 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 Consumer startups

Imperial Bank combines the collective skills, relationships and resources of Nedbank Limited and Imperial Holdings Limited to bring you an innovative finance partner. We are a focused, entrepreneurial team that is managed in accordance with sound banking and risk management principles.

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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: 25
  • Round size: Series A $2M–$7.5M; Post-IPO Debt $150M–$700M; Debt Financing $39M–$509M
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • Kuunda — Kuunda provides consulting, liquidity management, data insight tools enabling users to fulfill financial needs through a digital platform.
  • Ivanhoe Mines — Mining with a greater purpose.
  • PayInc — A purpose-driven payments provider in South Africa for over 50 years.
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Ingressive Capital
VC Fund · Lagos, Lagos, Nigeria · 1 investments in South Africa Consumer startups

Ingressive Capital is a renowned $50M Pan-African Venture Capital Fund that invests in indigenous founders and startups across Africa, with focus on Egypt, Ghana, Kenya, Morocco, and Nigeria. Specializing in early-stage investments, particularly Pre-Seed and Seed stages, it targets technology companies led by top-tier talent driving transformativegrowth in Africa's GDP. The firm's thesis focuses on B2C solutions that cater to the explosive growth within the tech-enabled, decentralized-learning youth demographic, as well as B2B solutions that increase Africa’s value chain ownership from resource extraction to end-product sale. Its goal is to become becoming a highly valuable VC partner on the founders' cap tables, and being at the forefront of supporting and enabling entrepreneurial success across Africa.

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Investment focus

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

Investor stats

  • Total investments: 78
  • Round size: Seed $600k–$3.7M; Pre-Seed $25k–$2M; Series A $500k–$15M
  • Lead/follow: 15% lead, 85% follow
  • Last fund: Likely still investing — raised $50M in 2023

Portfolio highlights

  • SehaTech — Welcome to SehaTech, the groundbreaking company revolutionizing the health insurance market with our innovative solutions!
  • Chat Cash — Turn conversations into commerce. The unified operating system for payments, inventory, and AI sales on WhatsApp & USSD.
  • REasy — Top up locally, pay suppliers globally, and manage international shipments with REasy. Fast, secure, and designed for African businesses expanding worldwide.
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Presight Capital
VC Fund · Los Angeles, California, United States · 1 investments in South Africa Consumer startups

A simple static landing page for Presight Capital.

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Investment focus

  • Industry: Biotechnology, Health Care, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Kingdom, Germany

Investor stats

  • Total investments: 144
  • Round size: Seed $2M–$10M; Series A $10M–$70M; Series B $11M–$125M
  • Lead/follow: 11% lead, 89% follow
  • Last fund: May invest from a new fund soon — raised $400M in 2021

Portfolio highlights

  • Tern Group — Tern Group is an AI Platform to hire and relocate top healthcare talents globally, faster and cheaper. TERN is a full-stack solution to source and relocate top-tier medical and engineering talent from India, North Africa, South Africa, and Central Asia and the approach ensures a seamless, ethical, and transparent migration process, drasticallycutting complexity and shaving costs for healthcare systems.
  • Peptilogics — Peptilogics is a biotechnology platform company that develops best-in-class novel peptide drugs for unmet medical needs using its proprietary computational discovery platform.
  • Alloy Therapeutics — Alloy Therapeutics empowers scientists with access to pre-competitive biologics drug discovery technologies and services across 6 modalities
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Thinkroom Consulting
VC Fund · Cape Town, NA - South Africa, South Africa · 1 investments in South Africa Consumer startups

At Thinkroom we collaborate with big business and development organisations alike, to enable impact to entrepreneurs and SMEs across the African continent. We have navigated Africa’s diverse landscape and have engineered reliable relationships with entrepreneurial innovators across Africa.Our goal is to connect big business with trailblazingAfrican SMEs, train and enhance those entrepreneurs to unlock their full potential, and then use our extensive networks and relationships to skyrocket the SMEs into the market.

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Investment focus

  • Industry: Fashion
  • Stage:Seed
  • Geography: South Africa

Investor stats

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

Portfolio highlights

  • Kloset Klub — South Africa's 1st video-based resale fashion platform. Discover affordable second-hand clothes on WISI-Oi. Buy or sell effortlessly with ease!
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Serra de Estrela Investments Ltd
VC Fund · 1 investments in South Africa Consumer startups

Family office, registered in British Virgin Islands

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Investment focus

  • Industry: Drones, Manufacturing, Product Design
  • Stage:Seed
  • Geography: South Africa, United States

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Dove Air — Dove air is using advanced technology to empower people to address some of the biggest problems across Africa. We provide reliable and fast service while meeting all the safety standards.
  • Isengard Industries — Mass-produced, AI-guided precision munitions - combat-proven in Ukraine. Five aircraft from short-range anti-tank to the XQ 770 unmanned combat aircraft, built in the US and Poland or co-produced on allied territory.
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Tahseen Consulting
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in South Africa Consumer startups

We're a boutique firm bridging consulting, government relations, and international development committed to transformational change in the Middle East and North Africa +

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Investment focus

  • Industry: Information Technology, E-Commerce, Transportation
  • Stage:Seed, Angel, Pre-Seed
  • Geography: India, Pakistan, Peru

Investor stats

  • Total investments: 24
  • Round size: Seed $150k–$1.5M; Pre-Seed $235k–$780k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • BusCaro — Comfort, Reliability Consistency. Your one-stop solution for hassle-free commute. Commute Made Easier About BusCaro Innovative approach towards mobility for organizations across Pakistan. BusCaro is a tech-based startup providing solutions aimed at simplifying commute. Paired with a reliable technology stack, and the mission to drive a positive change in the mobility sector, BusCaro is a seamless
  • OlaClick — Create electronic menu boards for your restaurant or store. It is totally free. QR codes menu or digital menu boards. Digitalize your menu in an instant and start receiving orders !
  • Alvin — Alvin is a powerful mobile app that automatically creates and adjusts your budget to help you meet your goals.
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Untapped Global
VC Fund · San Francisco, California, United States · 1 investments in South Africa Consumer startups

Untapped connects global investors, and foreign capital to opportunities in emerging markets. Delivering competitive returns, and measurable impact for global investors.

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Investment focus

  • Industry: Transportation, FinTech, Financial Services
  • Stage:Seed, Series B, Venture - Series Unknown
  • Geography: Kenya, South Africa, United Kingdom

Investor stats

  • Total investments: 19
  • Round size: Seed $1.2M–$30M
  • Lead/follow: 68% lead, 32% follow

Portfolio highlights

  • Elimutab — Elimutab - Find the best learning tablets for children and students, including options for 1-year-olds, studying with pens, and work and study needs.
  • OX Delivers — Our objective is to deliver affordable transport in emerging markets, creating a self-reinforcing cycle of economic growth and social impact. To achieve this, we are developing the world's first clean-transport ecosystem that combines goods shipment with financial, trading & marketing services. This OX ecosystem will be enabled by ourunique zero-emissions OX truck; the only purpose-designed electric vehicle for emerging markets.
  • Rabbit — Transforming transportion in the region. Rabbit is a micro-mobility sharing platform for short-distance transportation using environmentally friendly vehicles.
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Next Chymia Consulting
VC Fund · Sheung Wan, Hong Kong Island, Hong Kong · 1 investments in South Africa Consumer startups

Create new business models with multidisciplinary blockchain professionals. Next Chymia Consulting has an international network of Blockchain technology and financial services. We are a group which make use of international networks and provide consulting services worldwide.

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Investment focus

  • Industry: FinTech, Software, Blockchain
  • Stage:Seed, Corporate Round, Venture - Series Unknown
  • Geography: Kenya, Ghana, Japan

Investor stats

  • Total investments: 8
  • Round size: Seed $580k–$2M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Qwili — Qwili makes smartphones with a voice-guided, local language onboarding experience for new users.
  • HAIRCAMP — Hair Camp provides learning services for beauticians. live classes, recorded curriculum, and online salons provide a platform for hairdressers to learn the techniques from industry-leading instructors. For inquiries, email, telephone numbers, and addresses are available on their website.
  • Zuvy Technologies — Zuvy is a free invoice management software that enables your business to get cash today for unpaid invoices. Get started sending invoices via WhatsApp
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Kepple Africa Ventures
VC Fund · Tokyo, Tokyo, Japan · 1 investments in South Africa Consumer startups

Kepple Africa Ventures is an early-stage venture capital firm.

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Investment focus

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

Investor stats

  • Total investments: 85
  • Round size: Seed $500k–$4.5M; Pre-Seed $100k–$3.4M; Series A $1.1M–$23M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • Chari — Chari is an e-commerce and fintech app for traditional retailers in French-Speaking Africa allowing them to order any consumer goods they sell and get delivered for free in less than 24 hours. Chari is also a financial services provider for these retailers, offering them microloans
  • Intmax — INTMAX has developed significant innovations in ZK implementation making it a unique Layer2 rollup network that offers low cost, security, tunable privacy, and above all, scalability.
  • TIBU Health — TIBU Health is a disruptive HealthTech logistics company that provides high-quality healthcare services.
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Voskhod Venture Capital
VC Fund · Moscow, Moscow City, Russian Federation · 1 investments in South Africa Consumer startups

Voskhod Venture Capital is an investment firm.

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Investment focus

  • Industry: Drones, Food and Beverage, Information Technology
  • Stage:Seed, Venture - Series Unknown
  • Geography: Russian Federation, South Africa, United Kingdom

Investor stats

  • Total investments: 9
  • Round size: Seed $113k–$3.6M; Venture - Series Unknown $2M–$5.3M
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • ROBOTECH — ROBOTECH is an engineering firm that specializes in the design and implementation of high-performance automated machinery for businesses in a variety of industries.
  • UAV & Drone Solutions — UDS - UAV and Drone Services - expert solutions for aerial mapping, inspections, security & data capture. Get custom drone solutions now!
  • Drone Solutions — Drone Solutions provides a semi-automatic complex for the protection of the object 24/7 from the air.
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Anthony Nicalo
Angel · Valencia, Comunidad Valenciana, Spain · 1 investments in South Africa Consumer startups

Anthony Nicalo

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Investment focus

  • Industry: Banking, FinTech, Embedded Software
  • Stage:Pre-Seed
  • Geography: Kenya

Investor stats

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

Portfolio highlights

  • Alvin — Alvin is a powerful mobile app that automatically creates and adjusts your budget to help you meet your goals.
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Wes Schwalje
Angel · 1 investments in South Africa Consumer startups

Operator at nexus of policy, tech, and dev, investor, advised 8 unicorns on MENAP entry/scale-up, support Big Tech / startups to get along with govt

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Investment focus

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

Investor stats

  • Total investments: 46
  • Round size: Seed $150k–$2.5M; Pre-Seed $360k–$1M; Series A $5M–$7.5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Finerio Connect — Finerio is an automated and free personal finance platform in Mexico. Finerio allows users to link debit and credit accounts of the most important banks in Mexico while providing them insights on how to financially plan and save money.
  • PowerCred — PowerCred is a one-stop API suite for clients to access alternate data from SMEs. Our integrated system provides real time connectivity which allows financial institutions to build better products to suit small business requirements. We have a network of data partners across categories which help us to build a robust and comprehensive intelligence system, allowing FIs to make more confident decisions, and empowering small businesses to focus on business growth.
  • Chhotastock — SAUDARATOTO adalah daftar situs toto slot dan bandar togel resmi 4D & 5D terpercaya yang menawarkan layanan aman, transaksi cepat, serta peluang menang besar setiap hari. Nikmati permainan lengkap dengan sistem stabil dan akses mudah kapan saja.
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Frank Smit
Angel · 1 investments in South Africa Consumer startups

Frank Smit, an early-stage investor and startup mentor with experience in B2B software.

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Investment focus

  • Industry: Fashion
  • Stage:Seed
  • Geography: South Africa

Investor stats

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

Portfolio highlights

  • Kloset Klub — South Africa's 1st video-based resale fashion platform. Discover affordable second-hand clothes on WISI-Oi. Buy or sell effortlessly with ease!
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Paper Plane Ventures
VC Fund · 1 investments in South Africa Consumer startups

Investment focus

  • Industry: AgTech, Drones, Farming
  • Stage:Series A
  • Geography: South Africa

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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Jean-Paul Zammitt
Angel · London, England, United Kingdom · 1 investments in South Africa Consumer startups

Jean-Paul Zammitt

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Investment focus

  • Industry: Retail, Fashion
  • Stage:Seed
  • Geography: South Africa

Investor stats

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

Portfolio highlights

  • Faro — Every garment deserves to be worn. Leveraging technology and a specialised supply chain, FARO enables brands to offload obsolete inventory through stores in non-core markets, ensuring complete traceability throughout the process.
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Leonard Stiegeler
Angel · Lagos, Lagos, Nigeria · 1 investments in South Africa Consumer startups

Leonard Stiegeler is an entrepreneur & investor in projects unlocking potential. Educated in Europe, he founded companies across EMEA and is now investing globally. He is passionate to develop opportunities with & for others. The companies he co-founded include Jumia, now a leading eCommerce company in Africa and Pulse, now a leading mediacompany in Africa. His investments include Paystack, Flutterwave, Scalable Capital, Conversion and many more. Dedicated to creating trusted connections to enable potential, he founded two networks - Africa Collective, focused on elevating the continent's role globally, and Counder, focused on enabling visionary leaders embrace emerging trends & regions collectively.

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Investment focus

  • Industry: FinTech, Financial Services, B2B
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Nigeria, South Africa, United States

Investor stats

  • Total investments: 8
  • Round size: Seed $1.3M–$6M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Faro — Every garment deserves to be worn. Leveraging technology and a specialised supply chain, FARO enables brands to offload obsolete inventory through stores in non-core markets, ensuring complete traceability throughout the process.
  • Bamba — Today, organizations spend a lot of money on physical data gathering exercises using old-fashioned paper-based methods. These methods result in expensive, severely delayed and incomplete data . With Bamba, a client can launch a data collection exercise anywhere in the world simply from the comfort of their web browser and the client can ensureindividuals respond with complete answers by paying those individuals for that data with mobile airtime in 122 different countries thus far.
  • Finclusion Group — Enhancing financial inclusion in Sub-Saharan Africa through data driven lending.
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Oliver Merkel
Angel · Berlin, Berlin, Germany · 1 investments in South Africa Consumer startups

Oliver Merkel is the Co-Founder of Flink Food.

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Investment focus

  • Industry: Retail, Fashion, Banking
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Germany, South Africa, United States

Investor stats

  • Total investments: 6
  • Round size: Seed $6M–$9.8M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Faro — Every garment deserves to be worn. Leveraging technology and a specialised supply chain, FARO enables brands to offload obsolete inventory through stores in non-core markets, ensuring complete traceability throughout the process.
  • NutriUnited —
  • Augustus — Dollar and euro accounts for global fintechs and banks.
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Shola Akinlade
Angel · Sunnyvale, California, United States · 1 investments in South Africa Consumer startups

Shola Akinlade s based out of Sunnyvale, California and currently works as the CEO for Paystack.

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Investment focus

  • Industry: FinTech, Education, Insurance
  • Stage:Pre-Seed, Seed
  • Geography: Nigeria, Kenya, Rwanda

Investor stats

  • Total investments: 12
  • Round size: Seed $2.5M–$4M; Pre-Seed $192k–$4M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Chowdeck — Order food, groceries, drinks, medicines & everyday essentials from top restaurants, pharmacies, local markets, and stores near you. Fast delivery with Chowdeck.
  • Myka.Insure — Myka is a insurance sales platform that enables individuals to sell insurance policies to their family, friends, colleagues, and community while earning income . It operates as a micro-entrepreneurship program where anyone (students, gadget sellers, car dealers, parents, retirees) can start their own insurance business with zero investment,flexible hours, and free training . The company is licensed by the National Insurance Commission of Nigeria and provides instant payouts to its partners .
  • Afropolitan — Afropolitan is building a Network State to unleash the maximum potential of Africans around the world. Are you interested? Join us with your email.
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TRT Investments
VC Fund · 1 investments in South Africa Consumer startups

Investment focus

  • Industry: Manufacturing, Consumer Goods
  • Stage:Private Equity
  • Geography: South Africa

Investor stats

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

Portfolio highlights

  • KAS Africa — KAS Africa is a contract manufacturer of personal care, homecare and oral care products.
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Alitheia IDF
VC Fund · Moka, Moka, Mauritius · 1 investments in South Africa Consumer startups

Alitheia IDF is investing in dynamic and growing businesses throughout Africa. By investing in teams that recognize the importance of gender diversity the firm generates superior financial returns and impact.

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Investment focus

  • Industry: E-Commerce, Retail, Logistics
  • Stage:Venture - Series Unknown, Series A, Seed
  • Geography: Nigeria, South Africa, Ghana

Investor stats

  • Total investments: 12
  • Round size: Seed $2.8M–$13M; Series A $3M–$11M; Venture - Series Unknown $4.5M–$5M
  • Lead/follow: 67% lead, 33% follow
  • Last fund: Likely still investing — raised $100M in 2021

Portfolio highlights

  • Lupiya — Lupiya is a financial technology company that provides digital lending services designed to help individuals and small businesses access short-term credit and installment financing. The platform offers mobile-accessible loans that can be used for expenses such as personal needs, business cash flow, or emergency payments, using an online applicationprocess that evaluates creditworthiness through alternative data and behavioral indicators. Lupiya’s services include flexible repayment schedules, automated disbursement, and electronic account management so users can monitor balances and repayment activity within the app or web interface. The company also offers tools for budgeting and payment reminders to support borrowers in managing their credit obligations. Through integrations with local payment networks and banking partners, Lupiya facilitates secure fund transfers and compliance with financial regulations. Its lending infrastructure is tailored to expand access to credit for underserved populations and small enterprises that may have limited access to traditional banking services.
  • Seamfix — Seamfix helps governments, regulators and enterprises redesign, digitise and operate trust-critical processes with consulting, proven technology and global delivery.
  • Alma Clinics — ALMA CLINICS Primary Healthcare with Advanced Blockchain, AI technology. BEST Clinic providing affordable healthcare, Soweto, Johannesburg, South Africa.
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Codec Ventures
VC Fund · Singapore, Central Region, Singapore · 1 investments in South Africa Consumer startups

Codec Ventures is a consulting firm that provides a platform for investors and start-ups for business development.

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Investment focus

  • Industry: Consumer Goods, Consumer Electronics
  • Stage:Seed
  • Geography: South Africa

Investor stats

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

Portfolio highlights

  • Qwili — Qwili makes smartphones with a voice-guided, local language onboarding experience for new users.
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Moscow Venture Fund
VC Fund · 1 investments in South Africa Consumer startups

Moscow Venture Fund is an investment fund.

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Investment focus

  • Industry: Drones, Security, Drone Management
  • Geography: South Africa

Investor stats

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

Portfolio highlights

  • UAV & Drone Solutions — UDS - UAV and Drone Services - expert solutions for aerial mapping, inspections, security & data capture. Get custom drone solutions now!
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Lireas Holdings
VC Fund · Johannesburg, NA - South Africa, South Africa · 1 investments in South Africa Consumer startups

Lireas is a leading investment company with a specific focus on insurance and insurance technology investments. We have a track record of over 35 years investing in start-ups and existing businesses requiring growth funding or new partners. We invest in people and not just elaborate business plans a

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Investment focus

  • Industry: FinTech, InsurTech, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: South Africa, United States

Investor stats

  • Total investments: 7
  • Round size: Series A $5.4M–$47M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • LifeQ — We empower everyone to delay aging, optimize your health, harness more energy, reduce the probability of disease, and understand why and how your body is changing, right now! It is in your power to be your biologically younger self.
  • Pineapple — In short, Pineapple see the traditional insurance model, user journey and products as lacking and set out to remedy these by doing the following: 1) Changing the business model to align incentives, show people how premiums are used and award members leftover premium back 2) Making insuring as easy as snapping a picture where AI does the rest andcover is issued in under 60 seconds 3) Allowing per-item insurance and new product innovation to address cover not currently offered or accessible to manyPineapple launched in South Africa in 2018 with their "My Stuff" per-item insurance and have since launched their auto offering "My Ride". They have also partnered with Travelers in the US and have white-labeled their platform in the US.
  • Investsure — InvestSure is a technology company that uses its software to enable partner investment platforms to sell its unique Investment Indemnity (insurance) product to their clients. InvestSure provides a full set of APIs that trading platform developers can use to integrate the Investure Investment Indemnity product seamlessly and easily into theirwebsites and mobile applications. Once InvestSure technology is added to a trading platform, it enables users to buy insurance on their shares with a single click. The full process from buying to insurance to settling claims is fully automated.The Investment Indemnity product itself is a unique innovation; it is designed to protect to protect shareholders against any losses in share value caused by actual or perceived fraud committed by management. This enables investors to secure their investments. The cost of the product is low enough to not significantly reduce returns of investors where no insurance event occurs, but to provide significant downside protection where an insured event does occur.
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Daniel Funk
Angel · 1 investments in South Africa Consumer startups

Daniel Funk

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Investment focus

  • Industry: Retail, Fashion
  • Stage:Seed
  • Geography: South Africa

Investor stats

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

Portfolio highlights

  • Faro — Every garment deserves to be worn. Leveraging technology and a specialised supply chain, FARO enables brands to offload obsolete inventory through stores in non-core markets, ensuring complete traceability throughout the process.
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Voltron Capital
VC Fund · 1 investments in South Africa Consumer startups

On a mission to back the most extraordinary entrepreneurs out of Africa solving important problems in large markets.

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Investment focus

  • Industry: Financial Services, FinTech, Payments
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Nigeria, United States, Senegal

Investor stats

  • Total investments: 68
  • Round size: Seed $120k–$3M; Pre-Seed $200k–$1.2M
  • Lead/follow: 1% lead, 99% follow

Portfolio highlights

  • Lingawa — Speak your native language with pride! Learn Yoruba and Igbo with fun, immersive online lessons for adults and kids (ages 5+).
  • Maad — Maad is Francophone Africa's fastest-growing B2B marketplace, based in Dakar, Senegal. Our tech-driven solution allows retailers to order products from our one-stop shop and benefit from working capital loans
  • ZeroComplex AI — ZeroComplex AI develops Artificial Intelligence workflow that intends to revolutionize business operations with simplified AI integration.
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Garage Capital
VC Fund · Waterloo, Ontario, Canada · 1 investments in South Africa Consumer startups, 26 in the past 12 months

Built by founders, for founders. Garage Capital helps best-in-class companies jump from garage to growth.

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Investment focus

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

Investor stats

  • Total investments: 150
  • Round size: Seed $1.7M–$7.5M; Pre-Seed $765k–$3.6M; Series A $7.7M–$50M
  • Lead/follow: 9% lead, 91% follow
  • Last fund: May invest from a new fund soon — last raise in 2017

Portfolio highlights

  • Colare — Colare is an AI-powered hiring platform that uses real engineering simulations to help hardtech companies assess and hire engineers faster and more accurately.
  • Minicor — Minicor agentically builds self-healing automations on any no-API system, then hands you an API endpoint to call.
  • North Vector Dynamics — North Vector Dynamics is a defense tech company that offers precision autonomous systems.
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Consumer Investor funding in South Africa at a glance

Stats across 130 deals from 160 investors.

160
investors
in South Africa Consumer startups
130
deals
in South Africa Consumer startups
$850k
median round
in South Africa Consumer startups
49%
lead investors
lead at least one round
18%
Seed
most common funding stage
91/9
VC / Angel
share of investor count

Access all 160 investors in South Africa Consumer startups.

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