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Top 25 Food and Beverage VC Funds & Investors in South Africa (November 2026)

The most active venture capital funds investing in South Africa Food and Beverage startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in South Africa Food and Beverage startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Cult Food Science
VC Fund
4 United States, South Africa, Canada Seed, Pre-Seed Food and Beverage, Biotechnology, Food Processing $275k–$12M
Khulisani Ventures
VC Fund
2 South Africa Venture - Series Unknown, Seed Books, EBooks, Farming $568k–$3.6M
Silvertree Internet Holdings
VC Fund
2 South Africa, Nigeria Venture - Series Unknown, Seed E-Commerce, Retail, Marketing
Naspers Foundry
VC Fund
2 South Africa, United Kingdom Seed, Series A, Series B Financial Services, Software, Farming $989k–$17M
Mylkcubator
VC Fund
2 Israel, South Africa Seed, Pre-Seed Biotechnology, Food and Beverage, Food Processing $500k–$500k
Standard Chartered Bank
VC Fund
2 India, United Kingdom, Singapore Debt Financing, Post-IPO Debt, Venture - Series Unknown Financial Services, Energy, Finance $17M–$3.4B
Sustainable Food Ventures
VC Fund
2 United States, India, Germany Pre-Seed, Seed Food and Beverage, Biotechnology, Food Processing $150k–$3.7M
Vumela Fund
VC Fund
1 South Africa, Brazil Seed, Venture - Series Unknown, Debt Financing Education, Hospital, Software $500k–$1.7M
Knife Capital
VC Fund
1 South Africa, United States, United Kingdom Series A, Venture - Series Unknown Software, Information Technology, Education $1M–$15M
i-Cubed Capital
VC Fund
1 South Africa Seed, Pre-Seed, Private Equity Medical, Health Care, Personal Health $200k–$569k
Enso Equity
VC Fund
1 South Africa Seed, Pre-Seed Coffee, EdTech, Medical $321k–$347k
UM6P Ventures
VC Fund
1 Morocco, Israel, United States Seed, Pre-Seed Apps, FinTech, Agriculture $110k–$3.6M
Timon Capital
VC Fund
1 Nigeria, Kenya, United States Seed, Series A, Pre-Seed Financial Services, Information Technology, FinTech $100k–$30M
Pascual Innoventures
VC Fund
1 Spain, India, France Seed, Pre-Seed, Venture - Series Unknown Biotechnology, Food and Beverage, Agriculture $942k–$7M
Musha Ventures
VC Fund
1 United States, Nigeria, Kenya Seed, Pre-Seed, Series A Software, Financial Services, FinTech $100k–$10M
HAVAÍC
VC Fund
1 South Africa, United States, Kenya Seed, Venture - Series Unknown, Series A Software, Health Care, FinTech $83k–$15M
Simple.capital
VC Fund
1 South Africa, United States, Kenya Seed, Pre-Seed, Series A FinTech, Software, Retail $100k–$11M
Animoca Brands
VC Fund
1 United States, Singapore, United Kingdom Seed, Series A, Pre-Seed Blockchain, Gaming, Cryptocurrency $100k–$40M
AlphaCode Venture Partners
VC Fund
1 South Africa, United Kingdom, United Arab Emirates Grant, Seed, Series B Financial Services, FinTech, Finance $30k–$17M
Alethea Capital Management
VC Fund
1 United States, South Africa Series A, Seed, Series B Health Care, Biotechnology, Medical $2.5M–$10M
New Ventures Studio
VC Fund
1 South Africa Non-Equity Assistance, Seed Wellness, Beauty, Retail
Twynam Agricultural Group
VC Fund
1 United States, Australia, India Series A, Seed, Pre-Seed Biotechnology, Energy, Agriculture $708k–$33M
Joyful Ventures
VC Fund
1 Canada, South Africa, United States Seed, Pre-Seed, Angel Food and Beverage, SaaS, Analytics $1.5M–$12M
Kale United
VC Fund
1 Sweden, United Kingdom, Canada Seed, Pre-Seed Food and Beverage, Food Processing, Biotechnology $100k–$2.5M
Anonymous Trust
VC Fund
1 United States, Italy, South Africa Pre-Seed, Series A, Seed Software, Education, Information Technology $25k–$2M
Access all 61 VC funds in South Africa Food and Beverage startups.

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

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Investor list

Cult Food Science
VC Fund · Vancouver, British Columbia, Canada · 4 investments in South Africa Food and Beverage startups

CULT Food Science is an investment company focused on supporting and advancing the technology behind the future of food.

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Investment focus

  • Industry: Food and Beverage, Biotechnology, Food Processing
  • Stage:Seed, Pre-Seed
  • Geography: United States, South Africa, Canada

Investor stats

  • Total investments: 28
  • Round size: Seed $300k–$12M; Pre-Seed $275k–$2.4M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Novel Farms — Novel Farms uses microbial fermentation to develop cruelty-free, inexpensive and tunable bioscaffolds for the production of cell-based meat products. Novel Farms mission is to craft the taste and texture of the gourmet meats and transform cell-based meat consumption into a sought-after culinary experience for the next generation of consciouseaters.
  • Minus — A sustainable coffee alternative, combining the taste, look, and smell of coffee with a smaller footprint to ensure a brighter future for coffee and the planet.
  • Unicorn Biotechnologies — Unicorn Biotechnologies has built the turing machine for biology that read and writes scientific endeavour in iterative loops automatically by combining state of the art hardware, software and machine learning approaches.
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Khulisani Ventures
VC Fund · Johannesburg, NA - South Africa, South Africa · 2 investments in South Africa Food and Beverage startups

Khulisani Ventures is Mineworkers Investment Company’s early-stage investment vehicle, providing capital for businesses that are ready to aggressively expand and increase their market footprint.

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Investment focus

  • Industry: Books, EBooks, Farming
  • Stage:Venture - Series Unknown, Seed
  • Geography: South Africa

Investor stats

  • Total investments: 6
  • Round size: Venture - Series Unknown $568k–$3.6M
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • TooMuchWifi — TooMuchWifi is known to be the Best and most Reliable Wifi provider. Ideal for your home or business!
  • Quro Medical — Quro Medical is an innovative digital health company pioneering premium hospital-at-home services.
  • Livestock Wealth — Livestock Wealth is a crowdfarmingTM company that allows people to invest in livestock and earn from sale of the offspring.Their unique CrowdFarmingTM concept allows individuals to share the facilities of a commercial livestock farm while our experts look after their cows on a day to day basis.Cows have been a source of pride and a store ofwealth in Africa for centuries. The wealth in cows is based on something real – beef. The company enables anyone to be an organic beef farmer.
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Silvertree Internet Holdings
VC Fund · Cape Town, NA - South Africa, South Africa · 2 investments in South Africa Food and Beverage startups

Silvertree Internet Holdings uses tech to reach African consumers. We are a holding and operating company, based in South Africa, that conceives, launches, operates and invests in early- and mid-stage companies targeting the South African and Sub-Saharan African markets. We like business models that are simple or proven, with clear revenue streams, that take advantage of the mobile and Internet future, and that target growing markets and industries. Our operating brands and companies are organised into verticals by business model (click for more). We seek large, growing but inefficient verticals, and use tech to leapfrog old ways of reaching consumers. We focus on capital efficiency and operational discipline. Our brands are growing rapidly, but we also continue to build new businesses, and to invest into and acquire existing companies. Through operational synergies and sharing best practices, we are stronger than a simple sum of parts.

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Investment focus

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

Investor stats

  • Total investments: 14
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Aumax — Aumax is a social-first direct to consumer brand.
  • UCook — UCOOK is a food and beverage platform that offers meal kit delivery service. It was founded in August 2014 and is headquartered in Cape Town.
  • CarZar (Pty) Ltd — CarZar is an online car buying service, empowering consumers to sell their second hand vehicle.
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Naspers Foundry
VC Fund · Cape Town, NA - South Africa, South Africa · 2 investments in South Africa Food and Beverage 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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Mylkcubator
VC Fund · 2 investments in South Africa Food and Beverage startups

Investment focus

  • Industry: Biotechnology, Food and Beverage, Food Processing
  • Stage:Seed, Pre-Seed
  • Geography: Israel, South Africa

Investor stats

  • Total investments: 3
  • Round size: Pre-Seed $500k–$500k
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • MAOLAC — MAOLAC is a producer of nutrition products. Their functional milk proteins offer humans and animals immune protection that includes sports nutrition, healthy aging, leaky gut, gut health, relief of joint pain, and reduction of skin infections.
  • De Novo Foodlabs — Producing non-animal dairy proteins using precision fermentation
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Standard Chartered Bank
VC Fund · London, England, United Kingdom · 2 investments in South Africa Food and Beverage startups, 23 in the past 12 months

Standard Chartered Bank offers personal and business banking services. Their solutions for companies include transaction banking and financial markets solutions. They also offer current accounts, savings accounts, credit cards, loans, and mortgage services.

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Investment focus

  • Industry: Financial Services, Energy, Finance
  • Stage:Debt Financing, Post-IPO Debt, Venture - Series Unknown
  • Geography: India, United Kingdom, Singapore

Investor stats

  • Total investments: 141
  • Round size: Post-IPO Debt $100M–$3.4B; Debt Financing $70M–$1.3B; Venture - Series Unknown $17M–$275M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • ALVA — Presenting ALVA, we are creating a range of game-changing electric vehicle that combine thrill, power and style with eco-friendliness, smart savings and a better future
  • Samruk Kazyna — Samruk Kazyna is an investment management company that is responsible for managing government assets, investors and stakeholders.
  • Battersea Power Station — Eat, Drink, Shop, Work, Play, Live at #BatterseaPowerStation. Explore this iconic riverside destination today. The Power Station is NOW OPEN to the public!
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Sustainable Food Ventures
VC Fund · Raleigh, North Carolina, United States · 2 investments in South Africa Food and Beverage startups

SFV backs globally early-stage founders building leading Future of Food companies that are: #Cell-based #Plant-based #Recombinant

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Investment focus

  • Industry: Food and Beverage, Biotechnology, Food Processing
  • Stage:Pre-Seed, Seed
  • Geography: United States, India, Germany

Investor stats

  • Total investments: 43
  • Round size: Seed $934k–$3.7M; Pre-Seed $150k–$2M
  • Lead/follow: 9% lead, 91% follow
  • Last fund: Likely still investing — raised $105k in 2023

Portfolio highlights

  • Propel Foods — Startup that creates plant-based and hybrid protein through technology.
  • Peruvian Veef — Peruvian Veef is an offline and online store that offers real burgers, grilled seitan, crispy cravings, and vegan nugget products.
  • Atlantic Fish Company — Atlantic Fish Co is a cultivated seafood company using cellular agriculture to bring the world sustainable delicious seafood.
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Vumela Fund
VC Fund · Hyde Park, Newtownabbey, United Kingdom · 1 investments in South Africa Food and Beverage 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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Knife Capital
VC Fund · Cape Town, NA - South Africa, South Africa · 1 investments in South Africa Food and Beverage 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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i-Cubed Capital
VC Fund · Johannesburg, NA - South Africa, South Africa · 1 investments in South Africa Food and Beverage startups

i-Cubed Capital provide a bouquet of funds for clients, ranging from unit trusts to investment funds for retiremen, including savings plans with tax incentives.i-Cubed provide a bouquet of funds for clients, ranging from unit trusts to investment funds for retirement, including savings plans with tax incentives. We assess fund managerperformances by reviewing fact sheets and provide our clients with a variety of options to meet their investment objectives.

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Investment focus

  • Industry: Medical, Health Care, Personal Health
  • Stage:Seed, Pre-Seed, Private Equity
  • Geography: South Africa

Investor stats

  • Total investments: 4
  • Round size: Pre-Seed $200k–$569k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Yebo Fresh — Yebofresh is a new online shopping service, delivering popular groceries straight into areas that are generally unserved by most formal retailers. Our unique business model and partnerships with manufacturers allow us to deliver top quality products and A-brands at extremely competitive prices. Yebofresh serves Imizamo Yethu, Langa, Khayelitsha,Mfuleni and Gugulethu and following recent seed funding, is rapidly expanding across the greater Cape Town area.
  • Cape Doctors — Find a doctor near you at CA Cape Doctors in Rondebosch and Claremont. Medical aid accepted. Call or book your GP appointment online.
  • NewForm Foods — NewForm Foods aims to reinvent food systems for planet, health, and animal welfare. The company offers innovative technology for food producers to create sustainable, animal-friendly products.
Show all investments...

Access 48,091 investors

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

Browse database — It's Free!
Enso Equity
VC Fund · Cape Town, NA - South Africa, South Africa · 1 investments in South Africa Food and Beverage startups

Enso Equity is a venture capital firm that invests in both seed-stage and later-stage companies. They operate in three separate industries, namely private equity, public equity, and private credit.

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Investment focus

  • Industry: Coffee, EdTech, Medical
  • Stage:Seed, Pre-Seed
  • Geography: South Africa

Investor stats

  • Total investments: 5
  • Round size: Seed $321k–$347k
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Okja — Visit Okja for freshly baked pastries, great coffee and smoothies. Baked fresh in-house every day.
  • 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.
  • Reflective Learning — Reflective delivers affordable yet effective Maths and English learning tools to South African classrooms, designed to elevate student achievements
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UM6P Ventures
VC Fund · Benguerir, Marrakech-Tensift-Al Haouz, Morocco · 1 investments in South Africa Food and Beverage startups

UM6P Ventures is a venture capital investment firm that invests in Science & Innovation.

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Investment focus

  • Industry: Apps, FinTech, Agriculture
  • Stage:Seed, Pre-Seed
  • Geography: Morocco, Israel, United States

Investor stats

  • Total investments: 30
  • Round size: Seed $278k–$3.6M; Pre-Seed $110k–$1.5M
  • Lead/follow: 47% lead, 53% follow

Portfolio highlights

  • Hsabati — Une vision à 360° de votre entreprise
  • 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
  • WafR — WafR is a reward-based loyalty startup that allows users to earn phone recharges while shopping at retail shops.
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Timon Capital
VC Fund · Lagos, Lagos, Nigeria · 1 investments in South Africa Food and Beverage startups

At Timon Capital, they have tremendous respect for the entrepreneurial journey—especially in emerging markets. As former entrepreneurs, they have built companies and gone through the frustration of trying to manage wayward investors. They decided to hold themselves to a higher standard and named ourselves Timon: a Greek word that means ‘the oneinfluenced by honor’ as well as ‘fairly priced.’

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Investment focus

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

Investor stats

  • Total investments: 29
  • Round size: Seed $100k–$8.5M; Pre-Seed $200k–$4M; Series A $14M–$30M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Waza — Waza is a web platform with APIs. It helps startups and emerging market businesses manage their cash flow issues, invoicing needs, and international payment requirements.
  • Zone — Zone is a regulated blockchain network that enables payments and acceptance of digital currencies.
  • OmniRetail — OmniRetail is a consumer goods distribution platform that solves the inefficiencies of traditional trade by digitizing key stakeholders through its products.
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Pascual Innoventures
VC Fund · Madrid, Madrid, Spain · 1 investments in South Africa Food and Beverage startups

Pascual Innoventures is a venture capital company that seeks to invest in start-ups and entrepreneurs in the food industry.

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Investment focus

  • Industry: Biotechnology, Food and Beverage, Agriculture
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Spain, India, France

Investor stats

  • Total investments: 7
  • Round size: Seed $942k–$7M
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • Living Models — Plant genomic foundation models built for biological discovery.
  • Foodiefame — Controlo de horas, custos, documentos e visibilidade para clientes
  • Ergo Bioscience — We are a biotech startup focused on the development of complex animal proteins by plant cell precision fermentation
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Musha Ventures
VC Fund · New York, New York, United States · 1 investments in South Africa Food and Beverage startups

Seed capital for technology startups globally.

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Investment focus

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

Investor stats

  • Total investments: 215
  • Round size: Seed $120k–$7.5M; Pre-Seed $100k–$3M; Series A $2.5M–$10M
  • Lead/follow: 2% lead, 98% follow

Portfolio highlights

  • HoneyCoin — HoneyCoin is a web3/web2 ecosystem of products built in a way that abstracts complexity and brings all the value of web3 and web2 to the forefront.
  • Zeno — Zeno is a climate conscious motor company that offers eco-friendly motorcycles.
  • 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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HAVAÍC
VC Fund · Cape Town, NA - South Africa, South Africa · 1 investments in South Africa Food and Beverage 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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Simple.capital
VC Fund · Englefield Green, Surrey, United Kingdom · 1 investments in South Africa Food and Beverage startups

Made with Softr, the easiest way to turn your data into internal tools and client portals. No coding required.

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Investment focus

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

Investor stats

  • Total investments: 23
  • Round size: Seed $665k–$5.5M; Pre-Seed $100k–$11M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Momint — Momint is the Web3 investment platform of the future. The safest and easiest to use NFT marketplace in the world. Discover the real-world potential of NFTs.
  • Rabbit — At Rabbit, we plan to change how the world shops.Retail has witnessed one revolution before with the introduction of E-Commerce that changed how customers order stuff and the second revolution is here! We are proud to be among the pioneers, a handful of global entrepreneurs that are leading and shaping the retail's second revolutionWe arefunded by amazing VCs that are helping us build the next big thingYou feel it is vague? that's intended as we are still building in stealth. but trust us, it is COOL!
  • Beeline Learn — Beeline is a modern, AI-powered training and knowledge community platform, built to make it easier than has been possible before to set up and operate your organisations digital or blended learning training academy. Streamline the administration behind training and create, update and distribute training to your partners, gig workers or internalteams wherever in the world they are, at the click of a button.
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Animoca Brands
VC Fund · Cyberport, Hong Kong Island, Hong Kong · 1 investments in South Africa Food and Beverage startups, 23 in the past 12 months

Animoca Brands is a metaverse and gaming venture capital firm that focuses on driving digital property rights to gamers and internet users through NFTs. It utilizes gamification and blockchain to develop and market a portfolio of mobile applications, games, and additional products oriented to educational learning to ensure transparency, security, and new business models.

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Investment focus

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

Investor stats

  • Total investments: 520
  • Round size: Seed $1.3M–$10M; Pre-Seed $100k–$5M; Series A $5M–$40M
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • Superlogic — OneOf is the mass-consumer Web3 company connecting the next 100M non-crypto-native fans to iconic brands, artists, and athletes. OneOf technology enables global brands and enterprises to reimagine commerce, loyalty and engagement, allowing consumers to seamlessly collect or trade digital assets with no prior crypto expertise. Deeply committed to a sustainable and inclusive blockchain future, minting digital assets on OneOf's platform uses up to 2 million times less energy than previous generation proof-of-work networks, and costs up to 99% less in gas fees. A leader in diversity, over 80% of the collections curated by OneOf come from minority or female creators.
  • PERPTools — PERPTools combines crypto perpetual trading with activity points and risk-free market predictions.
  • Bullshot Inc — Bullshot is redefining the way meme tokens are launched, traded, and adopted. By combining AI-driven automation with the power of community culture, Bullshot creates an ecosystem where creativity, speed, and scalability thrive.
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AlphaCode Venture Partners
VC Fund · Gauteng, NA - South Africa, South Africa · 1 investments in South Africa Food and Beverage startups

We are an African venture capital fund, for world-class African entrepreneurs run by seasoned African investors.

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Grant, Seed, Series B
  • Geography: South Africa, United Kingdom, United Arab Emirates

Investor stats

  • Total investments: 43
  • Round size: Seed $77k–$7.2M; Grant $30k–$130k; Series B $2.3M–$17M
  • Lead/follow: 58% lead, 42% 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.
  • AgrigateOne — One Platform to Connect the Global Perishable Supply Chain. Gain a sustainable edge through unmatched aggregated data and transparency with AgrigateOne.
  • Moment — Africa is entering a transformative period of economic and technological growth driven by rapid digital adoption, expanding mobile connectivity, and a young, increasingly connected population. With approximately 1.5 billion people and one of the world’s fastest-growing youth demographics, the continent is experiencing a significant shift towardelectronic payments, mobile-first services, and broader digital transformation.Although widespread internet access and traditional banking infrastructure developed later in many African markets compared to other regions, this delayed adoption has accelerated innovation in mobile technology and financial services. Mobile money platforms, digital banking solutions, fintech ecosystems, and e-commerce adoption are reshaping how consumers and businesses interact across the continent.This youth-driven wave of innovation is creating substantial opportunities in sectors such as fintech, telecommunications, logistics, e-commerce, renewable energy, education technology, and digital services. Both global corporations and emerging local enterprises are actively investing in Africa’s rapidly evolving digital economy, competing to unlock new markets and address underserved populations.The continent’s ongoing transformation is expected to play a major role in global economic growth over the next two decades, positioning Africa as a significant center for innovation, entrepreneurship, and digital commerce.
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Alethea Capital Management
VC Fund · Rancho Santa Fe, California, United States · 1 investments in South Africa Food and Beverage startups

Alethea Capital Management is an SEC-registered investment advisor founded in March of 2011. As an investment management and research firm, the mission of Alethea is simple – to provide the highest level of service and guidance to our clients with honesty, integrity, and transparency. The firm’s services include fee-based asset management,research/advanced quantitative systematization, manager/strategy evaluation, and comprehensive planning. Alethea’s center of operations is in San Diego, CA.

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Investment focus

  • Industry: Health Care, Biotechnology, Medical
  • Stage:Series A, Seed, Series B
  • Geography: United States, South Africa

Investor stats

  • Total investments: 8
  • Round size: Series A $2.5M–$10M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: May invest from a new fund soon — raised $10M in 2019

Portfolio highlights

  • PatientPartner — Discover PatientPartner, the leading patient engagement software transforming pharma and med-tech with scalable, data-driven solutions that drive better health outcomes.
  • Lipidio Pharmaceuticals — A Unique Approach to Treating Obesity Precision Targeting of the Skin Exploiting the skin as an endocrine organ Historically regarded as a protective barrier organ, the skin is now recognized as an active endocrine organ capable of synthesizing, and secreting diverse hormones and signaling
  • SEngine Precision Medicine — The Search Engine For Identifying Personalized Cancer Treatments.
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New Ventures Studio
VC Fund · Cape Town, NA - South Africa, South Africa · 1 investments in South Africa Food and Beverage startups

It is a platform for young individuals who want to be successful entrepreneurs, but realize the importance of up skilling themselves before venturing out into the unfamiliar territory of entrepreneurship.

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Investment focus

  • Industry: Wellness, Beauty, Retail
  • Stage:Non-Equity Assistance, Seed
  • Geography: South Africa

Investor stats

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

Portfolio highlights

  • Denarii — Denarii is an outsourced financial management specialist that provide customised and affordable financial expertise in Cape Town.The company conduct financial diagnostic reviews that reveal the true status of your business’ financial health. Then, using the structures and processes already in place, and expanding where necessary, they buildinternal capacity. Plotting the way forward to financial stability and growth..
  • Nurturer — Nurturer is an impact business that seeks to make natural and eco-friendly products for personal care, household and business cleaning accessible and affordable to every South African. Added to their mission, 20% of Nurturer is owned by a social entreprise that works with young people in the townships around Cape Town. Salesian Life Choicesinvests in vulnerable youth to tackle inequality. The organization provides free services to youth in terms of family stability, health, education and employment aiming at giving young people a fair chance in life.
  • Salvador — Salvador is a healthy food option that provides well-balanced meals at a low cost to workplaces as part of their wellness initiatives.Salvador is a startup founded by Tawanda Manyika, in partnership with New Ventures Studio. Tawanda has worked for McDonald’s for the past six years and believes their excellent operational systems should be usedto provide healthy meals to the masses.
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Twynam Agricultural Group
VC Fund · Sydney, New South Wales, Australia · 1 investments in South Africa Food and Beverage startups

Twynam Group is a leading Australian Funds Manager investing in early-stage climate tech. We also operate an agricultural and property portfolio.

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Investment focus

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

Investor stats

  • Total investments: 41
  • Round size: Seed $708k–$6.4M; Pre-Seed $1M–$1.9M; Series A $3.4M–$33M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Plasmaleap — Plasmaleap is a plasma technology company that manufactures and sells zero-emissions chemical reactors designed for industrial and energy applications. The company develops reactor systems that use plasma processes to enable chemical production and transformation without relying on conventional combustion methods. Its technology supports sectorssuch as clean fuels, chemical manufacturing, and materials processing by offering electrified reactor solutions that can be integrated into existing industrial workflows. Plasmaleap designs modular systems that allow operators to deploy plasma reactors for on-site production and conversion of feedstocks using electricity as the primary energy input. The company also provides engineering support and technical integration services to help customers incorporate its reactor technology into commercial operations. Through its plasma-based approach, Plasmaleap focuses on enabling chemical processes that align with decarbonization and emissions reduction objectives across multiple industries.
  • Giraffe Bio — Giraffe Bio uses AI and biomolecules to optimize metal extraction, increase yield, and reduce environmental impact. Revolutionizing sustainable mining technology.
  • Forge Industries — Giving landfill bound trash a second life as disruptive bio-fuel to power heavy industry
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Joyful Ventures
VC Fund · West Hollywood, California, United States · 1 investments in South Africa Food and Beverage startups

Joyful Ventures is a venture capital fund that invests in alternative protein sources.

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Investment focus

  • Industry: Food and Beverage, SaaS, Analytics
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Canada, South Africa, United States

Investor stats

  • Total investments: 6
  • Round size: Seed $1.5M–$12M; Pre-Seed $1.7M–$1.8M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: Likely still investing — raised $23M in 2022

Portfolio highlights

  • Maia Farms — Maia Farms creates sustainable mushroom and mycelium ingredients for food makers. Clean-label, high-performance, and built to scale.
  • Nakitora AI LLC — NAKITORA’s mission is to accelerate food & beverage (F&B) innovation by harnessing real-time AI insights, helping brands create the right products for the right consumers, faster than ever. Their core product, TasteGPT™, is a generative intelligence platform that ingests 10M+ daily data points (menus, reviews, social, e-retail), using adomain-tuned LLM and real-time vector search to instantly surface emerging trends and unmet needs. They serve global F&B brands, CPGs, and innovators who need rapid, data-driven product development. Compared to batch analytics or generic tools, NAKITORA offers real-time, domain-specific ideation and zero-survey prediction.
  • De Novo Foodlabs — Producing non-animal dairy proteins using precision fermentation
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Kale United
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in South Africa Food and Beverage startups

Kale United offers a portfolio of over 75+ plant-based game changers

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Investment focus

  • Industry: Food and Beverage, Food Processing, Biotechnology
  • Stage:Seed, Pre-Seed
  • Geography: Sweden, United Kingdom, Canada

Investor stats

  • Total investments: 28
  • Round size: Seed $360k–$2.5M; Pre-Seed $100k–$2M
  • Lead/follow: 7% lead, 93% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Opalia — Opalia is introducing a new era of dairy: functional, delicious, and sustainable dairy made from mammary cells.
  • Hooked Foods — Hooked Foods is working on a plant-based tuna substitute. By serving delicious plant-based seafood for everyone to enjoy, the company is leading the transition to a healthier seafood ecosystem. The company was established in 2019 and is headquartered in Sweden.
  • Cultimate Foods — At Cultimate, we are transforming the flavor and aroma industry with natural innovative ingredients.
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Anonymous Trust
VC Fund · San Francisco, California, United States · 1 investments in South Africa Food and Beverage startups

Trust

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Investment focus

  • Industry: Software, Education, Information Technology
  • Stage:Pre-Seed, Series A, Seed
  • Geography: United States, Italy, South Africa

Investor stats

  • Total investments: 10
  • Round size: Seed $445k–$682k; Pre-Seed $25k–$2M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • SettleKit — Free, personalized step-by-step guidance for immigrants: SSN, bank account, driver's license, health insurance, credit card, and more.
  • De Novo Foodlabs — Producing non-animal dairy proteins using precision fermentation
  • Smart Separations — Smart Separations is a limited company based in London UK that has patented an innovative microfiltration technology to produce ceramic filters with self-assembled controllable pores of uniform size in the range between <1 and 50µm. This tight pore size control and range availability will revolutionise the field of MF with a cost-effectiveproduct.It aims to be the world’s leader in MF and particle separations technology – filling the void gap that exists in the market nowadays.
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Food and Beverage VC funding in South Africa at a glance

Stats across 59 deals from 61 investors.

61
investors
in South Africa Food and Beverage startups
59
deals
in South Africa Food and Beverage startups
$1M
median round
in South Africa Food and Beverage startups
44%
lead investors
lead at least one round
24%
Venture - Series Unknown
most common funding stage

Access all 61 VC funds in South Africa Food and Beverage startups.

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