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Top 50 Hardware Startup Investors in South Africa (August 2026)

The most active venture capital funds and angel investors investing in South Africa Hardware startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in South Africa Hardware 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
5 South Africa, United States, Kenya Seed, Series A, Pre-Seed Software, Financial Services, Mobile $527k–$47M
Investec
VC Fund
5 United States, United Kingdom, South Africa Debt Financing, Series A Software, Financial Services, Energy $1.1M–$550M
Knife Capital
VC Fund
4 South Africa, United States, United Kingdom Series A, Seed Software, Information Technology, Education $2M–$15M
AngelHub Ventures
VC Fund
4 South Africa, Mexico, Colombia Seed, Series A, Pre-Seed Software, Information Technology, Education $300k–$2.3M
Nedbank Corporate and Investment Banking
VC Fund
4 South Africa, United States, Australia Series A, Debt Financing, Seed Mining, Leasing, Mineral $1M–$47M
Compass Venture Capital
VC Fund
4 Mauritius, India, France Seed, Series A, Pre-Seed Financial Services, Information Technology, Big Data $30k–$2M
Oui Capital
VC Fund
3 Nigeria, United States, Kenya Seed, Pre-Seed Financial Services, Finance, Apps $40k–$4.9M
Tahseen Consulting
VC Fund
3 India, Pakistan, Peru Seed, Angel, Series A Information Technology, E-Commerce, Transportation $150k–$2M
Venture Capital Studio
VC Fund
2 South Africa Seed, Pre-Seed, Series A Information Technology, Venture Capital, Software Engineering $262k–$14M
Grand Bay Investments
VC Fund
2 South Africa Seed, Series A Data Center, Information Technology
Hustle Fund
VC Fund
2 United States, Singapore, Canada Seed, Pre-Seed, Series A Software, FinTech, Financial Services $100k–$25M
Blue Label Ventures
VC Fund
2 South Africa Seed Hardware, Software, Video Streaming $207k–$1M
Alumni Ventures
VC Fund
2 United States, United Kingdom, Canada Seed, Series A, Series B Software, Artificial Intelligence, Information Technology $1.5M–$79M
Kalon Venture Partners
VC Fund
2 South Africa, Luxembourg, United States Seed, Series A Artificial Intelligence, Apps, Internet $570k–$11M
Soma Capital
VC Fund
2 United States, India, Mexico Seed, Pre-Seed, Series A Software, Artificial Intelligence, FinTech $125k–$35M
Kepple Africa Ventures
VC Fund
2 Nigeria, Kenya, Egypt Seed, Pre-Seed, Series A Financial Services, FinTech, Software $100k–$23M
Technova
VC Fund
2 South Africa Seed, Series A Data Center, Information Technology
Future Africa
VC Fund
2 Nigeria, United States, Kenya Seed, Pre-Seed, Series A Financial Services, FinTech, Information Technology $100k–$40M
LoftyInc Capital
VC Fund
2 United States, Nigeria, Egypt Seed, Pre-Seed, Venture - Series Unknown Financial Services, FinTech, Software $100k–$10M
Savannah Fund
VC Fund
2 Kenya, United States, South Africa Seed, Series A, Pre-Seed Software, E-Commerce, FinTech $25k–$8M
Moscow Venture Fund
VC Fund
1 South Africa Drones, Security, Drone Management
Paper Plane Ventures
VC Fund
1
Buffet Investments
VC Fund
1 South Africa, The Netherlands Seed Data Center, Information Technology
Lireas Holdings
VC Fund
1 South Africa, United States Seed, Series A, Series B FinTech, InsurTech, Security
ENL
VC Fund
1 South Africa Data Center, Information Technology
Gewape Capital
VC Fund
1 South Africa Pre-Seed Consulting, Cloud Computing, Domain Registrar
Invenfin
VC Fund
1 South Africa, Chad, Egypt Seed, Series B FinTech, Food and Beverage, Wellness $2.6M–$31M
Bantam Group
VC Fund
1 United States, Canada, Israel Seed, Pre-Seed, Series A Software, Health Care, Artificial Intelligence $120k–$20M
Alitheia IDF
VC Fund
1 South Africa, Nigeria, Ghana Series A, Seed Logistics, E-Commerce, Retail
Voskhod Venture Capital
VC Fund
1 Russian Federation Seed Cooking, Robotics, Food Delivery
Microsoft for Startups
VC Fund
1 United States, India, Canada Seed, Pre-Seed Software, Information Technology, SaaS
P1 Ventures
VC Fund
1 Egypt, Kenya, United States Seed, Pre-Seed, Series B Financial Services, Software, Payments $400k–$40M
Luno
VC Fund
1 Nigeria, Kenya, South Africa Seed, Pre-Seed, Series A Financial Services, FinTech, Apps $500k–$4M
DCG Expeditions
VC Fund
1 United States, India, Nigeria Seed, Pre-Seed, Series A FinTech, Financial Services, Blockchain $350k–$20M
Shoprite Holdings
VC Fund
1 South Africa, United States Series B, Venture - Series Unknown Data Center, Industrial Automation, Information Technology
Ashwin Ravichandran
Angel
1 Ghana, Nigeria, United States Non-Equity Assistance, Pre-Seed, Seed Education, Health Care, Information Technology $100k–$1.2M
J.P. Morgan Asset Management
VC Fund
1 United States, India, Canada Private Equity, Series B Financial Services, Software, FinTech $19M–$200M
Untapped Global
VC Fund
1 Kenya, South Africa, United Kingdom Seed, Series B, Venture - Series Unknown Transportation, FinTech, Financial Services $1.2M–$30M
Walid Aradi
Angel
1 India, United States, Nigeria Seed, Angel, Series A Information Technology, Internet, Health Care $150k–$4M
Base Capital
VC Fund
1 Kenya, Nigeria, South Africa Seed, Series B E-Commerce, Food Delivery, Banking $2M–$55M
Atreyu
VC Fund
1 Germany, Kenya, Finland Seed, Venture - Series Unknown, Pre-Seed Education, Local, Mobile
Next Chymia Consulting
VC Fund
1 Kenya, Ghana, Japan Seed, Corporate Round, Venture - Series Unknown FinTech, Software, Blockchain $580k–$2M
Connectivity Ventures Fund
VC Fund
1 United States, South Africa Series A, Seed Software, Health Care, Information Technology $1M–$56M
E4EAfrica
VC Fund
1 South Africa, The Netherlands, France Seed, Pre-Seed, Series A Logistics, Internet, Supply Chain Management $1M–$7.5M
Accion Ventures
VC Fund
1 India, United States, Mexico Seed, Series A, Series B Financial Services, FinTech, Finance $500k–$30M
AgFunder
VC Fund
1 United States, United Kingdom, India Seed, Series A, Pre-Seed Agriculture, AgTech, Biotechnology $100k–$28M
Wes Schwalje
Angel
1 India, United States, Mexico Seed, Pre-Seed, Series A FinTech, Financial Services, Information Technology $150k–$2M
Capaci.Tech
VC Fund
1 South Africa, United States Seed B2B, SMS, Apps $105k–$4M
Joe Caruso
Angel
1 United States, France, Israel Seed, Pre-Seed, Series A Software, SaaS, Internet $420k–$2.2M
BaseCamp Ventures
VC Fund
1 United States, Canada, South Africa Seed, Pre-Seed, Series A Software, Information Technology, Financial Services $1.1M–$12M
Access all 178 investors in South Africa Hardware startups.

Access 48,091 investors

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 · 5 investments in South Africa Hardware 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 $527k–$7.5M; Pre-Seed $1.8M–$4M; Series A $2M–$47M
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • 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.
  • Aerobotics — Powerful insights for precision growing and crop insurance
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Investec
VC Fund · Cape Town, NA - South Africa, South Africa · 5 investments in South Africa Hardware startups

Welcome to Investec. Find out more about us, our businesses, sponsorships and career opportunities.

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Investment focus

  • Industry: Software, Financial Services, Energy
  • Stage:Debt Financing, Series A
  • Geography: United States, United Kingdom, South Africa

Investor stats

  • Total investments: 88
  • Round size: Series A $1.1M–$17M; Debt Financing $72M–$550M
  • Lead/follow: 56% lead, 44% follow

Portfolio highlights

  • Splend — Change the way you own your rideshare vehicle for good with Splend. All-Inclusive vehicle packages for your Uber journey, in one easy weekly payment.
  • Openpay — Openpay is a cutting-edge in-store, in-home and online payments solution that features a buy now and pay later service, interest-free. Openpay allows customers to make in-store and online purchases, and effectively split the payment for these purchases into multiple repayments over time. The company generates revenue from fees charged to merchantsand customers in exchange for the use of its payments platform.Openpay is available across Australia and New Zealand in many industries including retail, medical, automotive, home improvement, and more.
  • Master Plastics — Discover innovative, sustainable packaging solutions for protecting and preserving agricultural and food products from farm to table with Master Plastics.
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Knife Capital
VC Fund · Cape Town, NA - South Africa, South Africa · 4 investments in South Africa Hardware 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, Seed
  • Geography: South Africa, United States, United Kingdom

Investor stats

  • Total investments: 39
  • Round size: Series A $2M–$15M
  • Lead/follow: 69% lead, 31% follow
  • Last fund: May invest from a new fund soon — raised $10M in 2021

Portfolio highlights

  • Cue — Cue is a customer service software company that empowers you with WhatsApp Business solutions to boost customer satisfaction, and drive growth.
  • Pura Soda — Discover PURA's refreshing beverages and live a little PURA.
  • 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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AngelHub Ventures
VC Fund · Stellenbosch, NA - South Africa, South Africa · 4 investments in South Africa Hardware 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 believein 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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Nedbank Corporate and Investment Banking
VC Fund · Sandown, NA - South Africa, South Africa · 4 investments in South Africa Hardware startups

Nedbank Corporate and Investment Banking is offers corporate and investment banking and global-market services to diverse clients.

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Investment focus

  • Industry: Mining, Leasing, Mineral
  • Stage:Series A, Debt Financing, Seed
  • Geography: South Africa, United States, Australia

Investor stats

  • Total investments: 9
  • Round size: Seed $1M–$1.4M; Series A $1.1M–$47M
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • West Wits Mining — West Wits Mining is focused on the exploration, development and production of high value precious and base metals. View more info here.
  • Master Plastics — Discover innovative, sustainable packaging solutions for protecting and preserving agricultural and food products from farm to table with Master Plastics.
  • Aircraft Engine Lease Finance — Aircraft Engine Lease Finance is a commercial aircraft and engine leasing company that offers customized and flexible financing solutions to airlines, lessors, banks, and non-traditional aircraft owners. The company focuses on acquiring, leasing, and trading mid-life aircraft and provides liquidity and financial technology to airlines related todeal generation, technical bridging, lease administration, and asset management that are housed internally.
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Compass Venture Capital
VC Fund · Moka, Moka, Mauritius · 4 investments in South Africa Hardware startups

Compass is a venture capital fund. We invest in start-ups with scalable business models and strong growth potential. We work with companies based in Mauritius, the Indian Ocean region and the African continent. Compass is wholly owned by and benefits from support from the ENL Group, one of Mauritius’ largest business conglomerates. Alongside theTurbine, our sister organisation and the region’s leading incubator and start-up accelerator, Compass is working to create a vibrant, sustainable start-up ecosystem in Mauritius and the Indian Ocean.

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Investment focus

  • Industry: Financial Services, Information Technology, Big Data
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Mauritius, India, France

Investor stats

  • Total investments: 11
  • Round size: Seed $30k–$1.6M; Series A $1.1M–$2M
  • Lead/follow: 45% lead, 55% follow

Portfolio highlights

  • Omnisient — Privacy-Preserving Data Collaboration platform enabling businesses to collaborate while ensuring consumer privacy and data protection.
  • FCB.ai — FCB.ai builds the conversational AI infrastructure to power the financial industry
  • Shortlist — Shortlist helps solve talent challenges for impactful and innovative organizations across Africa. We provide executive search and workforce innovation solutions.
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Oui Capital
VC Fund · Belmont, Massachusetts, United States · 3 investments in South Africa Hardware startups

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

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Investment focus

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

Investor stats

  • Total investments: 32
  • Round size: Seed $600k–$4.9M; Pre-Seed $40k–$1.3M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • Cauridor — Cauridor is a Financial Services company.
  • 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
  • Herconomy (Ex AGS Tribe) — Herconomy is a platform that allows women build their finances, capacity, collaborate and access opportunities.
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Tahseen Consulting
VC Fund · Dubai, Dubai, United Arab Emirates · 3 investments in South Africa Hardware 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, Series A
  • Geography: India, Pakistan, Peru

Investor stats

  • Total investments: 22
  • Round size: Seed $150k–$2M
  • 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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Venture Capital Studio
VC Fund · Cape Town, NA - South Africa, South Africa · 2 investments in South Africa Hardware startups

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

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Investment focus

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

Investor stats

  • Total investments: 10
  • Round size: Seed $928k–$10M; Pre-Seed $262k–$3.7M; Series A $2.7M–$14M
  • Lead/follow: 90% lead, 10% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Accrual Software — We are a Software Development Company
  • Cyrrix Cybersecurity — At Cyrrix Cybersecurity, we understand the importance of protecting your business from online threats. Our team provides a full range of cybersecurity services to help safeguard your company's sensitive information and systems. We offer comprehensive risk assessments, penetration testing, and incident response planning to identify and addressvulnerabilities in your network. Our managed security services provide ongoing monitoring and threat detection to keep your business protected around the clock. With our help, you can rest easy knowing that your company's valuable assets are secure.
  • Aesthetic Prosthetic Bionics — Biological Engineering, Bionics, Biomimetics, Hydraulics, Prosthetics, Neuroprosthetics, Exoskeleton Suits, Dynamics, Kinematics Robotics, Human-Robot Interaction, Artificial Organs, Artificial Intelligence, Quantum Computing, Knowledge Reasoning, Machine Learning, Natural Language Processing, Computer Vision, Robotics, Artificial GeneralIntelligence, Deep Learning, Bayesian Networks, Evolutionary Algorithms, Computational Neuroscience, Neurocybernetics, Cybernetics, Cognitive Science, Source Coding, Channel Coding, Algorithmic Complexity Theory, Algorithmic Information Theory, Information-Theoretic Security, Grey System Theory & Biotechnology
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Grand Bay Investments
VC Fund · Miami, Florida, United States · 2 investments in South Africa Hardware startups

Grand Bay Investments is a privately-held investment management firm. Grand Bay Ventures invest capital with a long-term focus and can act as a single capital provider allowing us to move quickly to complete transaction into the lower middle-market firms.

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Investment focus

  • Industry: Data Center, Information Technology
  • Stage:Seed, Series A
  • Geography: South Africa

Investor stats

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

Portfolio highlights

  • Omnisient — Privacy-Preserving Data Collaboration platform enabling businesses to collaborate while ensuring consumer privacy and data protection.
Show all investments...

Access 48,091 investors

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

Browse database — It's Free!
Hustle Fund
VC Fund · San Carlos, California, United States · 2 investments in South Africa Hardware startups

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

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Investment focus

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

Investor stats

  • Total investments: 503
  • Round size: Seed $808k–$6M; Pre-Seed $100k–$2.5M; Series A $4M–$25M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • BON Credit — BON Credit's free AI helps you find money you're missing, pay less interest, improve your credit, and always know what to do next.
  • EquityList — Equity management with online cap table management and employee stock option programs (ESOP) administration. Available free for Indian startups
  • Orbital Sentry — Orbital Sentry delivers real-time wildfire detection and continuous geostationary monitoring to protect communities, reduce losses, and power next-generation risk intelligence. Our persistent infrared data helps insurers, governments, and first responders act faster and build true climate resilience
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Blue Label Ventures
VC Fund · Johannesburg, NA - South Africa, South Africa · 2 investments in South Africa Hardware startups

Blue Label Ventures is an accelerator that specializes in the identification, investment and global commercialization of high potential.

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Investment focus

  • Industry: Hardware, Software, Video Streaming
  • Stage:Seed
  • Geography: South Africa

Investor stats

  • Total investments: 2
  • Round size: Seed $207k–$1M
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Mobii Systems — Mobii is a team of highly skilled developers that enjoy building new technologies, combining hardware and software. They are based in Cape Town and their team have backgrounds in Military Electronics, Mechatronics and Thermo-dynamic engineering, Software Development and Business Science
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Alumni Ventures
VC Fund · Manchester, New Hampshire, United States · 2 investments in South Africa Hardware startups

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

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Investment focus

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

Investor stats

  • Total investments: 2214
  • Round size: Seed $1.5M–$10M; Series A $5.5M–$35M; Series B $12M–$79M
  • Lead/follow: 5% lead, 95% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Tabs — Tabs provides AI-powered accounts receivable software to save time analyzing contracts, improve cash flow, and avoid billing errors.
  • Enact — Enact is a leading solar energy and solar software company serving homeowners, businesses, and installers. Get a free quote or request a demo today!
  • Beam — Smarter employee benefits including dental, vision, life, disability, and supplemental health. Our plans are easy to understand, implement, and use.
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Kalon Venture Partners
VC Fund · Johannesburg, NA - South Africa, South Africa · 2 investments in South Africa Hardware startups

A growing number of South Africans are investing in venture capital companies that operate under Section 12J of the Income Tax Act. Contact us now.

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Investment focus

  • Industry: Artificial Intelligence, Apps, Internet
  • Stage:Seed, Series A
  • Geography: South Africa, Luxembourg, United States

Investor stats

  • Total investments: 19
  • Round size: Seed $570k–$4.6M; Series A $2.5M–$11M
  • Lead/follow: 63% lead, 37% follow

Portfolio highlights

  • GoMetro — Fleet management simplified with GoMetro. Integrate telematics, gain real-time visibility, and optimize operations with a secure, scalable platform,
  • Sendmarc — Manage your organization's DMARC, SPF, and DKIM with world-class implementation services and support. All in one easy-to-use platform.
  • visionAI — Discover how AI MES software enhances factory efficiency and reduces blindspots to minimize equipment downtime and boost productivity.
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Soma Capital
VC Fund · San Francisco, California, United States · 2 investments in South Africa Hardware startups

Welcome to Soma Capital

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Investment focus

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

Investor stats

  • Total investments: 928
  • Round size: Seed $1.2M–$9M; Pre-Seed $125k–$3.8M; Series A $6.5M–$35M
  • Lead/follow: 2% lead, 98% follow

Portfolio highlights

  • Mason America, Inc. — Mason is the device innovation platform for product leaders who dare to deliver the next innovation in their field.
  • Mudafy — Mudafy is a tech-enabled real estate broker for LatAm.
  • Gecko Robotics — To collect and make useful physical data in order to protect civilization's most critical infrastructure
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Kepple Africa Ventures
VC Fund · Tokyo, Tokyo, Japan · 2 investments in South Africa Hardware 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: 84
  • Round size: Seed $500k–$4.5M; Pre-Seed $100k–$3.4M; Series A $1.1M–$23M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • 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.
  • Onboard — Onboard helps hardware companies transform their text manuals to 3D, intelligent manuals with instant customer support capabilities.
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Technova
VC Fund · Sydney, New South Wales, Australia · 2 investments in South Africa Hardware startups

Technova operates as an advisory firm focused on growth.

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Investment focus

  • Industry: Data Center, Information Technology
  • Stage:Seed, Series A
  • Geography: South Africa

Investor stats

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

Portfolio highlights

  • Omnisient — Privacy-Preserving Data Collaboration platform enabling businesses to collaborate while ensuring consumer privacy and data protection.
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Future Africa
VC Fund · San Francisco, California, United States · 2 investments in South Africa Hardware 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: 91
  • Round size: Seed $500k–$4M; Pre-Seed $100k–$3.7M; Series A $7M–$40M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

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

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

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Investment focus

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

Investor stats

  • Total investments: 170
  • Round size: Seed $100k–$5M; Pre-Seed $100k–$2.4M; Venture - Series Unknown $200k–$10M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: Likely still investing — raised $14M in 2021

Portfolio highlights

  • Cauridor — Cauridor is a Financial Services company.
  • WafR — WafR is a reward-based loyalty startup that allows users to earn phone recharges while shopping at retail shops.
  • Nucleon Security — Zero-Trust and ML-based Endpoint Detection and Response Platform #EDR #FDR #EndpointSecurity
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Savannah Fund
VC Fund · Nairobi, Nairobi Area, Kenya · 2 investments in South Africa Hardware 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 toachieve 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: 44
  • Round size: Seed $25k–$3.3M; Pre-Seed $200k–$2.1M; Series A $750k–$8M
  • Lead/follow: 30% lead, 70% 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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Moscow Venture Fund
VC Fund · 1 investments in South Africa Hardware 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: no public data

Portfolio highlights

  • UAV & Drone Solutions — UDS - UAV and Drone Solutions - Expert services for aerial mapping, inspections, security & data capture. Get custom drone solutions now!
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Paper Plane Ventures
VC Fund · 1 investments in South Africa Hardware startups

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Aerobotics — Powerful insights for precision growing and crop insurance
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Buffet Investments
VC Fund · 1 investments in South Africa Hardware startups

Buffet Investments operates as an investment firm.

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Investment focus

  • Industry: Data Center, Information Technology
  • Stage:Seed
  • Geography: South Africa, The Netherlands

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

Portfolio highlights

  • Maholla — Maholla is a consumer technology company focused on delivering value to millions of shoppers in Africa's emerging markets. Rewarding shoppers for any purchase from any store, Maholla is building a consumer rewards experience that is completely agnostic of any specific brand, retailer and payment mechanism.
  • Omnisient | Collaborative Consumer Intelligence — Privacy-Preserving Data Collaboration platform enabling businesses to collaborate while ensuring consumer privacy and data protection.
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Lireas Holdings
VC Fund · Johannesburg, NA - South Africa, South Africa · 1 investments in South Africa Hardware 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, Security
  • Stage:Seed, Series A, Series B
  • Geography: South Africa, United States

Investor stats

  • Total investments: 6
  • Lead/follow: no public data

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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ENL
VC Fund · Moka, Moka, Mauritius · 1 investments in South Africa Hardware startups

ENL is a broad based enterprise, that develops and manages brands in industries like real estate, hospitality, fintech, industrials, etc.

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Investment focus

  • Industry: Data Center, Information Technology
  • Geography: South Africa

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Omnisient | Collaborative Consumer Intelligence — Privacy-Preserving Data Collaboration platform enabling businesses to collaborate while ensuring consumer privacy and data protection.
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Gewape Capital
VC Fund · New York, New York, United States · 1 investments in South Africa Hardware startups

Gewape Capital is an innovative capital fund that uses exceptional people and capital to create lasting value.

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Investment focus

  • Industry: Consulting, Cloud Computing, Domain Registrar
  • Stage:Pre-Seed
  • Geography: South Africa

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Megabit Cloud — Get secure, reliable, and scalable cloud hosting solutions for small businesses, non-profits, and academic institutions with Megabit Cloud. Start today.
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Invenfin
VC Fund · Stellenbosch, NA - South Africa, South Africa · 1 investments in South Africa Hardware startups

Invenfin is a growth capital investor operating in the technology, food & beverage sectors.

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Investment focus

  • Industry: FinTech, Food and Beverage, Wellness
  • Stage:Seed, Series B
  • Geography: South Africa, Chad, Egypt

Investor stats

  • Total investments: 17
  • Round size: Seed $2.6M–$3M; Series B $4.3M–$31M
  • Lead/follow: 71% lead, 29% follow

Portfolio highlights

  • OfferZen — On OfferZen, Dutch tech companies reach out to you with upfront role and salary info so you can make the right career move.
  • Root — Launch digital and embedded insurance solutions with omni-channel distribution.
  • Float — At Float, we believe in a world where credit works for shoppers and not against them.Float offers shoppers a smarter way to pay with their credit card – by splitting big purchases in up to 24 bite-size, interest-free monthly payments. It’s all the perks of credit cards, but none of the cons. No extra debt, no applications, no credit checks – andno catch. Just shopping joy on their terms.At the same time, Float merchants enjoy more than 80% bigger orders and radically improved conversions. They also get direct access to 5 million pre-approved shoppers. Float’s instalment offering is fully customisable, giving merchants more control and flexibility than ever before. It’s all made possible by Float’s innovative technology, built on what we call ‘head-in-the-sky, feet-on-the-ground’ thinking.By giving their shoppers the most flexible, frictionless and financially responsible way to shop, merchants are partnering with us to build a new economy - where buying BIG, means paying small.Welcome to Float.
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Bantam Group
VC Fund · Westwood, Massachusetts, United States · 1 investments in South Africa Hardware 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: 132
  • Round size: Seed $120k–$4.5M; Pre-Seed $500k–$5.7M; Series A $1.6M–$20M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • AI Lean — AI Lean develops an all-in-one technology for processing liens and auctions. The platform automates the lien-to-auction process from end-to-end, with no need to switch between software, and it integrates with existing self-storage software.
  • Aikium Inc. — Protein therapeutics
  • LOOKOUT — Enhance your boating safety with Lookout Camera, the ultimate AI marine vision system. Spot hazards, navigate with augmented reality, and gain situational awareness like never before.
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Alitheia IDF
VC Fund · Moka, Moka, Mauritius · 1 investments in South Africa Hardware 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: Logistics, E-Commerce, Retail
  • Stage:Series A, Seed
  • Geography: South Africa, Nigeria, Ghana

Investor stats

  • Total investments: 8
  • Lead/follow: no public data

Portfolio highlights

  • Lupiya — Lupiya is an online marketplace for microloans. It is a branch-less, innovative digital microfinance platform that leverages technology to make the process of borrowing simpler and easier so that people and businesses located across the country even in rural, remote areas can access financial services.
  • Seamfix — Seamfix’s end-to-end electronic ID and credentials software solutions address the lack of digital ID systems for 30+ African countries and over 250M individuals, providing access to credit, banking, and other essential services for large parts of populations.
  • Ivili Group — Ivili Group is a leading South African textiles manufacturing group that has a diversified offering in textiles; including wool processing products and services and jeanswear garment manufacturing products and services.
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Voskhod Venture Capital
VC Fund · Moscow, Moscow City, Russian Federation · 1 investments in South Africa Hardware startups

Voskhod Venture Capital is an investment firm.

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Investment focus

  • Industry: Cooking, Robotics, Food Delivery
  • Stage:Seed
  • Geography: Russian Federation

Investor stats

  • Total investments: 5
  • Lead/follow: no public data

Portfolio highlights

  • Smile AI — Smile AI is a dental telemedicine platform that provides ready-made solutions and monitors oral cavity condition using dental photos.
  • 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 Solutions - Expert services for aerial mapping, inspections, security & data capture. Get custom drone solutions now!
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Microsoft for Startups
VC Fund · Redmond, Washington, United States · 1 investments in South Africa Hardware startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • VitVio — VitVio is a platform built around AI and computer vision with the goal of improving efficiency and quality of care in operating rooms.
  • UniPay — UniPay is an eCommerce platform for infrastructure and industry-lacking regions that offers 5 products that enable trust, promote transparency, and enforce accountability.
  • Emission Sentri — Drive emission management and reduction with insights
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P1 Ventures
VC Fund · San Francisco, California, United States · 1 investments in South Africa Hardware startups

P1 Ventures works as a venture capital firm. They specialize in early-stage industrial technology firms in Africa.

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Investment focus

  • Industry: Financial Services, Software, Payments
  • Stage:Seed, Pre-Seed, Series B
  • Geography: Egypt, Kenya, United States

Investor stats

  • Total investments: 45
  • Round size: Seed $1.3M–$5M; Pre-Seed $400k–$3M; Series B $7.5M–$40M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • Lua — Build, deploy, and scale enterprise-grade AI agents. Ship your first agent without touching infrastructure.
  • Salus Cloud — Empowering developers worldwide with seamless and secure application deployment and management. Join the revolution. #Salus_Cloud
  • Traction Apps — Traction apps provide businesses end to end tools they need to run and grow their businesses.
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Luno
VC Fund · London, England, United Kingdom · 1 investments in South Africa Hardware startups

Join millions buying, trading and storing Bitcoin, Ethereum and other cryptocurrencies on Luno. Invest today.

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Investment focus

  • Industry: Financial Services, FinTech, Apps
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, Kenya, South Africa

Investor stats

  • Total investments: 7
  • Round size: Seed $3M–$4M; Pre-Seed $500k–$2M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Kotani Pay — Kotani Pay is a technology stack that enables blockchain protocols, dapps, and blockchain fintech companies to integrate seamlessly to local payment channels providing them with a reliable on ramp and off ramp service to reach a wider customer base in Africa.
  • Anchor — Anchor is building the infrastructure needed for businesses to build, launch, and scale banking and payment solutions.
  • First City Monument Bank — First City Monument Bank (FCMB) Ltd is a full service banking group, headquartered in Lagos, Nigeria with the vision to be the Premier Financial Services Group of African origin.
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DCG Expeditions
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 1 investments in South Africa Hardware startups

Luno Expeditions is a global early-stage investor supporting fintech & crypto founders on their journeys to build the next generation of financial services.

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Investment focus

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

Investor stats

  • Total investments: 23
  • Round size: Seed $1.5M–$5.3M; Pre-Seed $350k–$1.5M; Series A $10M–$20M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Onmeta — Onmeta
  • Anchor — Anchor is building the infrastructure needed for businesses to build, launch, and scale banking and payment solutions.
  • Sealance Corp. — Sealance provides financial services, cryptography and other services.
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Shoprite Holdings
VC Fund · Cape Town, NA - South Africa, South Africa · 1 investments in South Africa Hardware startups

The largest South African retailer by market capitalisation, sales, profit and number of employees and customers.

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Investment focus

  • Industry: Data Center, Industrial Automation, Information Technology
  • Stage:Series B, Venture - Series Unknown
  • Geography: South Africa, United States

Investor stats

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

Portfolio highlights

  • Omnisient — Privacy-Preserving Data Collaboration platform enabling businesses to collaborate while ensuring consumer privacy and data protection.
  • Keychain — Keychain is a CPG production platform that collaborates with retailers and brands to streamline and simplify the process of developing items that consumers adore.
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Ashwin Ravichandran
Angel · Accra, Greater Accra, Ghana · 1 investments in South Africa Hardware 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.
  • BenBen — BenBen is a team of motivated engineers and innovators dedicated to improving Government Technology in Ghana.With their current focus on Land & Property Management , They aim to create a secured land title registration system and citizen payment portal that will bring Ghana to the forefront of land investment and govtech innovation and serveas a model for the rest of the world.
  • Wi-Flix — Wi-flix is a streaming service that offers 30,000+ hours of African drama series, telenovelas, movies, sports, and more.
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J.P. Morgan Asset Management
VC Fund · New York, New York, United States · 1 investments in South Africa Hardware startups

J.P. Morgan Asset Management is a leading 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 ofDecember 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, Software, FinTech
  • Stage:Private Equity, Series B
  • Geography: United States, India, Canada

Investor stats

  • Total investments: 50
  • Round size: Series B $19M–$105M; Private Equity $50M–$200M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: May invest from a new fund soon — raised $1.1B in 2019

Portfolio highlights

  • CCTC — Chaozhou Three-Circle (Group) Co., Ltd. (CCTC) was established in 1970. The company has been listed in Shenzhen Stock Exchange since 2014 (stock code: 300408). It is a comprehensive enterprise engaged in research and development, manufacturing and sales of electronic basic materials, electronic components and communication devices. Thecompany's products cover optical communications, electronics, electrical, machinery, energy conservation and environmental protection, new energy, biological and fashion applications. The company has been both awarded as “National High-tech Enterprise” and ranked top 10 among China’s top 100 electronic component enterprises for consecutive years. The main products are electronic components, semiconductor components, information and communication components and new energy components and system integration. Within these industries the sales volume of ceramic substrate for chip resistor and ceramic rod for resistor are one of the market leaders in the world.
  • Fruitist — Inspiring enjoyable and nutritious snacking with premium berries and cherries.
  • Catalyst Investment Partners — Catalyst Investment Partners is a vertically integrated real estate investment firm specializing in the acquisition, management, and leasing of industrial outdoor storage properties.
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Untapped Global
VC Fund · San Francisco, California, United States · 1 investments in South Africa Hardware 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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Walid Aradi
Angel · 1 investments in South Africa Hardware startups

Entrepreneur, investor. Advising global tech companies navigate through MENA+ regulatory environments, market entry and scaling

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Investment focus

  • Industry: Information Technology, Internet, Health Care
  • Stage:Seed, Angel, Series A
  • Geography: India, United States, Nigeria

Investor stats

  • Total investments: 23
  • Round size: Seed $150k–$4M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Omnisient — Privacy-Preserving Data Collaboration platform enabling businesses to collaborate while ensuring consumer privacy and data protection.
  • Stitch — One API integration for enterprise online payments across South Africa. Accept Pay by bank, debit + credit card, cash, manual EFT, debit order and crypto.
  • Termii — Prevent transactions like logins, payments, checkouts, fraud alerts, and OTPs from failing using AI. Built for banks, fintechs and modern enterprises.
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Base Capital
VC Fund · 1 investments in South Africa Hardware startups

Base Capital is an investment firm.

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Investment focus

  • Industry: E-Commerce, Food Delivery, Banking
  • Stage:Seed, Series B
  • Geography: Kenya, Nigeria, South Africa

Investor stats

  • Total investments: 19
  • Round size: Seed $2M–$8M; Series B $12M–$55M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • Kapu — Your favorite supermarket on every street.
  • Nitex — Nitex is a B2B platform for sustainable garments supply chain allowing fashion retailers to manage product design, developments, compliance, order tracking, and insurance in one platform.
  • Swoop — Swoop operates as an internet marketplace platform that provides food delivery services while building a broader consumer super-app ecosystem. The company connects users with restaurants through a mobile and digital platform, enabling customers to browse menus, place orders, and receive deliveries via an independent rider network. Its deliverymodel relies on third-party couriers who fulfill orders, while the platform coordinates transactions, routing, and customer interactions. The company generates revenue through restaurant commissions and service fees applied to customer orders, rather than directly employing delivery personnel.
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Atreyu
VC Fund · Johannesburg, NA - South Africa, South Africa · 1 investments in South Africa Hardware startups

Atreyu identifies and works together with investee companies to build and grow their presence. We do this by sharing our expertise and networks, and by investing our own capital alongside that of selected investors.

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Investment focus

  • Industry: Education, Local, Mobile
  • Stage:Seed, Venture - Series Unknown, Pre-Seed
  • Geography: Germany, Kenya, Finland

Investor stats

  • Total investments: 8
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Ooooby — Out of our own back yards! A decentralised marketplace for small farms to sell through a national network of independent micro hubs.
  • Femna Health — Femna Health offers virtual access to diagnostics and therapeutic solutions for women's health.
  • Elucid Social — Elucid Social integrates businesses with the social good movement through a data-driven strategy that yields measurable results. Elucid Social develops and deploys technologies to assess, report, and minimize human rights risks linked with the sourcing of products and services.
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Next Chymia Consulting
VC Fund · Sheung Wan, Hong Kong Island, Hong Kong · 1 investments in South Africa Hardware 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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Connectivity Ventures Fund
VC Fund · New York, New York, United States · 1 investments in South Africa Hardware startups

Having collectively spent decades in the investment banking and recruiting industries, the principals of CCP have developed a unique network that has proven vital to the success of many entrepreneurs. They are repeatedly told that their relationships are a true differentiator.In an effort to follow in the footsteps of their favoriteinnovator/entrepreneur Benjamin Franklin, they at CCP also strive to “do well by doing good.” This means that they prioritize working with clients whose goals go beyond commercial means, and tackle big societal issues such as those that encourage biotechnology innovation, entrepreneurship, and the advancement of women as a demographic.Beyond focusing on themes such as these, they apply a highly disciplined selection process that ensures they only work with a small number of teams at any one time. This allows us to apply laser-focus to each one’s needs which translates into a higher potential for success.

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Investment focus

  • Industry: Software, Health Care, Information Technology
  • Stage:Series A, Seed
  • Geography: United States, South Africa

Investor stats

  • Total investments: 22
  • Round size: Seed $1M–$3M; Series A $5M–$56M
  • Lead/follow: 0% lead, 100% follow
  • Last fund: May invest from a new fund soon — last raise in 2015

Portfolio highlights

  • Sweeten — Sweeten delivers a superior renovation experience, by personally matching vetted general contractors to each project, while offering guidance and financial protection—at no cost to the homeowner. The company simultaneously delivers general contracting firms an efficient growth engine, by streamlining marketing, lead acquisition, and bidding, and byvetting all renovation projects for budget and readiness.Sweeten’s sophisticated digital platform empowers homeowners and contractors alike with transparency, data, and an expansive online library of renovation knowledge. Sweeten’s general contractors excel at transformative renovations of all types, with budgets from $15,000 to over $3 million. Sweeten launched in 2011, with headquarters in New York, NY. The company has expanded into ten major American cities.bit.ly/Sweeten-Today-Show
  • LeadMethod, Inc. — Drive distributor success with LeadMethod. Unlock actionable insights and real-time data to enhance your channel engagement.
  • TooMuchWifi — TooMuchWifi is known to be the Best and most Reliable Wifi provider. Ideal for your home or business!
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E4EAfrica
VC Fund · Cape Town, NA - South Africa, South Africa · 1 investments in South Africa Hardware 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: Logistics, Internet, Supply Chain Management
  • Stage:Seed, Pre-Seed, Series A
  • Geography: South Africa, The Netherlands, France

Investor stats

  • Total investments: 25
  • Round size: Seed $2.7M–$7.5M; Pre-Seed $1M–$2M; Series A $1M–$5.4M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • Kuunda — Kuunda provides consulting, liquidity management, data insight tools enabling users to fulfill financial needs through a digital platform.
  • 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.
  • Conservio — Discover and Book South Africa's best nature accommodations with Conservio. Book vetted accommodations, easy and safe to book online.
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Accion Ventures
VC Fund · Washington, District of Columbia, United States · 1 investments in South Africa Hardware 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: 143
  • Round size: Seed $500k–$6.4M; Series A $2.5M–$17M; Series B $8M–$30M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Jeitto — Jeitto is an app that joins the loan with the possibility of doing cell recharges and paying bills, aiming to transform people's financial experience with credit and convenience. The company was founded in 2014 and is based in Sao Paulo, Brazil.
  • Kuunda — Kuunda provides consulting, liquidity management, data insight tools enabling users to fulfill financial needs through a digital platform.
  • Billpocket — Billpocket convierte tu smartphone o tablet en una terminal punto de venta. Ya no tienes que esperar al banco y pagar exageradas cuotas de mantenimiento, fianzas y papel para poder cobrar con tarjeta. Simplemente necesitas una cuenta bancaria a donde puedas recibir tus cobros con tarjeta de débito y crédito.
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AgFunder
VC Fund · San Francisco, California, United States · 1 investments in South Africa Hardware 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: 156
  • Round size: Seed $700k–$9M; Pre-Seed $100k–$1.1M; Series A $4.4M–$28M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely still investing — raised $60M in 2022

Portfolio highlights

  • Scindo — Creating a novel biological process to turn low-value plastic landfill waste into high-value molecules.
  • Atomo Coffee — Atomo Coffee is a developer of molecular coffee. Atomo has reverse-engineered the coffee bean to create a smooth cup of coffee, made of naturally derived ingredients, and more sustainable than current commercial coffee.
  • Resurrect Bio — Resurrect Bio is a disease resistance trait discovery company. Using AI and our high-throughput in planta screening platform we provide traits for breeders.
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Wes Schwalje
Angel · 1 investments in South Africa Hardware 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: 43
  • Round size: Seed $150k–$2M; Pre-Seed $360k–$1M
  • 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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Capaci.Tech
VC Fund · Johannesburg, NA - South Africa, South Africa · 1 investments in South Africa Hardware 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: B2B, SMS, Apps
  • Stage:Seed
  • Geography: South Africa, United States

Investor stats

  • Total investments: 7
  • Round size: Seed $105k–$4M
  • Lead/follow: 29% lead, 71% 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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Joe Caruso
Angel · Boston, Massachusetts, United States · 1 investments in South Africa Hardware 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, eCoastAngels 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

  • 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
  • Mylestone — The pictures of your greatest memories are likely stored somewhere just out of reach. Maybe in an old photo album lost in the basement - or maybe indiscernible from the 3,000 other pictures on your phone, buried in streams on Facebook, or auto saved to a massive photo storage account.But what if you could access stories generated from thosepictures simply by talking to Alexa?With Mylestone, all you have to do is say “Alexa, tell me a story about Mom.” and voila, memories of loved ones at your beck and call.
  • HomeBinder — HomeBinder is a residential home management platform that reduces complexity in partnership with the businesses who serve them, improving client relationships and increasing referrals, bringing effortless homeownership to all.
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BaseCamp Ventures
VC Fund · Moorestown, New Jersey, United States · 1 investments in South Africa Hardware startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Zenapse — Zenapse is a internet publishing industry.
  • Akiba Digital — Akiba Digital is a data and technology company that provides financial intelligence solutions. Our vision is to to unlock financial opportunities for consumers, businesses and society using alternative data.
  • New School Foods — Salmon, made from plants. Clean label with ALL the Omega-3s, NONE of the mercury. Made in Canada.
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Hardware Investor funding in South Africa at a glance

Stats across 147 deals from 178 investors.

178
investors
in South Africa Hardware startups
147
deals
in South Africa Hardware startups
$1.1M
median round
in South Africa Hardware startups
52%
lead investors
lead at least one round
20%
Seed
most common funding stage
95/5
VC / Angel
share of investor count

Access all 178 investors in South Africa Hardware startups.

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