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Top 50 Hardware VC Funds & Investors in South Africa (September 2026)

The most active venture capital funds 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 $677k–$47M
Investec
VC Fund
5 United States, United Kingdom, South Africa Debt Financing, Series A Software, Financial Services, Energy $1.1M–$550M
Oui Capital
VC Fund
4 Nigeria, United States, Kenya Seed, Pre-Seed Financial Services, Finance, Apps $40k–$4.9M
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
Knife Capital
VC Fund
4 South Africa, United States, United Kingdom Series A, Venture - Series Unknown Software, Information Technology, Education $1M–$15M
Compass Venture Capital
VC Fund
4 Mauritius, India, France Seed, Series A, Pre-Seed Financial Services, Information Technology, Big Data $30k–$2M
Tahseen Consulting
VC Fund
3 India, Pakistan, Peru Seed, Angel, Pre-Seed Information Technology, E-Commerce, Transportation $150k–$1.5M
Blue Label Ventures
VC Fund
3 South Africa, United States Seed, Venture - Series Unknown SaaS, Mobile, Hardware $207k–$1M
Alumni Ventures
VC Fund
2 United States, United Kingdom, Canada Seed, Series A, Series B Software, Artificial Intelligence, Information Technology $850k–$75M
Technova
VC Fund
2 South Africa Seed, Series A Data Center, Information Technology
Kepple Africa Ventures
VC Fund
2 Nigeria, Kenya, Egypt Seed, Pre-Seed, Series A Financial Services, FinTech, Software $100k–$23M
Future Africa
VC Fund
2 Nigeria, United States, Kenya Seed, Pre-Seed, Series A Financial Services, FinTech, Information Technology $100k–$40M
Kalon Venture Partners
VC Fund
2 South Africa, Luxembourg, United States Seed, Series A Artificial Intelligence, Apps, Internet $715k–$11M
Venture Capital Studio
VC Fund
2 South Africa Seed, Pre-Seed, Series A Information Technology, Venture Capital, Software Engineering $262k–$14M
Soma Capital
VC Fund
2 United States, India, Mexico Seed, Pre-Seed, Series A Software, Artificial Intelligence, FinTech $125k–$35M
Capaci.Tech
VC Fund
2 South Africa, Kenya, United States Seed Apps, Software, B2B $10k–$4M
Savannah Fund
VC Fund
2 Kenya, United States, South Africa Seed, Series A, Pre-Seed Software, E-Commerce, FinTech $25k–$12M
Endeavor South Africa
VC Fund
2 South Africa, United States Seed, Series A, Series B Internet, Payments, Software $2.5M–$48M
Hustle Fund
VC Fund
2 United States, Singapore, Canada Seed, Pre-Seed, Series A Software, FinTech, Financial Services $100k–$25M
LoftyInc Capital
VC Fund
2 United States, Nigeria, Egypt Seed, Pre-Seed, Series A Financial Services, FinTech, Software $100k–$37M
Grand Bay Investments
VC Fund
2 South Africa Seed, Series A Data Center, Information Technology
Alpha Private Capital
VC Fund
1 South Africa Series A Email, Internet, Information Technology
Appsolute Ventures
VC Fund
1 South Africa Pre-Seed Big Data, Analytics, Data Integration
Nedbank
VC Fund
1 South Africa, Australia, United States Debt Financing, Post-IPO Debt, Series A Information Technology, Software, Mining
ENL
VC Fund
1 Mauritius, South Africa Series A, Venture - Series Unknown Data Center, Financial Services, Information Technology
Bantam Group
VC Fund
1 United States, Canada, Israel Seed, Pre-Seed, Series A Software, Health Care, Artificial Intelligence $120k–$20M
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
FireID
VC Fund
1 South Africa Pre-Seed, Seed EdTech, FinTech, Children
DCG Expeditions
VC Fund
1 United States, India, Nigeria Seed, Pre-Seed, Series A FinTech, Financial Services, Blockchain $350k–$20M
Bloc Smart Africa Fund
VC Fund
1 Kenya, Senegal, Cameroon Seed, Series B Health Care, Apps, Retail $330k–$2.7M
Accion Ventures
VC Fund
1 India, United States, Mexico Seed, Series A, Series B Financial Services, FinTech, Finance $500k–$30M
Endeavor Catalyst
VC Fund
1 United States, Brazil, Mexico Series B, Series A, Series C Software, Information Technology, E-Commerce $5.3M–$180M
Strattech Partners
VC Fund
1 United States, South Africa Seed, Series C Software, E-Commerce, B2B
Connectivity Ventures Fund
VC Fund
1 United States, South Africa Series A, Seed, Venture - Series Unknown Software, Health Care, Information Technology $1M–$56M
BaseCamp Ventures
VC Fund
1 United States, Canada, South Africa Seed, Pre-Seed, Series A Software, Information Technology, Financial Services $1.1M–$12M
E4EAfrica
VC Fund
1 South Africa, The Netherlands, France Seed, Pre-Seed, Series A Logistics, Internet, Supply Chain Management $1M–$8.4M
Crossfin Technology
VC Fund
1 South Africa, Singapore, United States Seed, Series A Payments, FinTech, Financial Services
Next Chymia Consulting
VC Fund
1 Kenya, Ghana, Japan Seed, Corporate Round, Venture - Series Unknown FinTech, Software, Blockchain $580k–$2M
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, Internet, Local $500k–$1M
54 Collective
VC Fund
1 Kenya, Nigeria, South Africa Seed, Pre-Seed Health Care, Information Technology, FinTech $40k–$2M
Microsoft
VC Fund
1 United States, United Kingdom, India Grant, Seed Software, Information Technology, Artificial Intelligence $5k–$4M
Launch Africa
VC Fund
1 Nigeria, South Africa, United States Seed, Pre-Seed Financial Services, FinTech, Information Technology $200k–$4M
CV VC
VC Fund
1 United States, Switzerland, Germany Seed, Pre-Seed Blockchain, Software, FinTech $125k–$4M
Triodos Bank
VC Fund
1 India, Germany, Kenya Debt Financing, Series A Financial Services, Energy, Solar $3.6M–$80M
AgFunder
VC Fund
1 United States, United Kingdom, India Seed, Series A, Pre-Seed Agriculture, AgTech, Biotechnology $100k–$28M
Gewape Capital
VC Fund
1 South Africa Pre-Seed Consulting, Cloud Computing, Domain Registrar
One5
VC Fund
1 South Africa Venture - Series Unknown Data Center, Information Technology
Access all 203 VC funds in South Africa Hardware startups.

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

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Investor list

4Di Capital
VC Fund · Cape Town, NA - South Africa, South Africa · 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 $677k–$7.5M; Pre-Seed $1.8M–$4M; Series A $2M–$47M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: Likely still investing — raised $24M in 2022

Portfolio highlights

  • BFree — BFree focuses its collection processes on sustainably leading customers out of debt by giving them back control over their finances.
  • FireID — FireID is a venture builder that helps makers, with unique skills and passion, build businesses to solve meaningful problems.
  • Kuunda — Kuunda provides consulting, liquidity management, data insight tools enabling users to fulfill financial needs through a digital platform.
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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: 89
  • Round size: Series A $1.1M–$17M; Debt Financing $72M–$550M
  • Lead/follow: 56% lead, 44% follow
  • Last fund: May invest from a new fund soon — raised $45M in 2019

Portfolio highlights

  • AtlasEdge — Empowering a sustainable digital society by enabling infrastructure where it is needed.
  • InstaVolt — InstaVolt is leading the way in EV charging infrastructure, helping to make the UK an easier place to own and operate an electric vehicle.They own, install and maintain rapid electric vehicle charging units all over the country, giving landowners the opportunity to earn a rental income by housing them, and giving EV drivers access to the fastestcharging available.They are driven by their passion for protecting the environment. At their core is a mission to improve air quality and reduce carbon emissions.Air quality has reached critical levels in cities across the UK and cars, buses and lorries have been proven as contributing significantly to the problem. Increasing the use of electric vehicles, which emit zero emissions, is an important part of the solution.According to Government statistics, one of the biggest barriers that deters people from buying EVs is range anxiety – the fear of running out of charge. InstaVolt will ensure a rapid charging point is easily accessible to everyone in the country.They believe that charging an electric vehicle should be quick and easy. It’s why, unlike many other companies, they operate an ‘open charger’ model, so anyone can use their charging points on a pay-as-you-go basis. No monthly subscription and no membership cards are required.
  • 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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Oui Capital
VC Fund · Belmont, Massachusetts, United States · 4 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: 37
  • Round size: Seed $600k–$4.9M; Pre-Seed $40k–$1.3M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: Likely still investing — raised $30M in 2022

Portfolio highlights

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

Investor stats

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

Portfolio highlights

  • BusCaro — Comfort, Reliability Consistency. Your one-stop solution for hassle-free commute. Commute Made Easier About BusCaro Innovative approach towards mobility for organizations across Pakistan. BusCaro is a tech-based startup providing solutions aimed at simplifying commute. Paired with a reliable technology stack, and the mission to drive a positive change in the mobility sector, BusCaro is a seamless
  • OlaClick — Create electronic menu boards for your restaurant or store. It is totally free. QR codes menu or digital menu boards. Digitalize your menu in an instant and start receiving orders !
  • Alvin — Alvin is a powerful mobile app that automatically creates and adjusts your budget to help you meet your goals.
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Blue Label Ventures
VC Fund · Johannesburg, NA - South Africa, South Africa · 3 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: SaaS, Mobile, Hardware
  • Stage:Seed, Venture - Series Unknown
  • Geography: South Africa, United States

Investor stats

  • Total investments: 4
  • Round size: Seed $207k–$1M
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • iCrypto — iCrypto is an Authentication-as-a-Service solution that will disrupt the antiquated password login paradigm. The iCrypto cloud architecture delivers strong authentication through your trusted mobile device, whether that be through your smartphone, tablet or wearable device. This can be used in place of passwords, or in addition to passwords formulti-factor authentication. The iCrypto service makes the enterprise and consumer onboarding process frictionless, thereby enabling any enterprise or knowledgeable consumer a low-touch path to added security. The global authentication market is growing at a pace of 20% CAGR with a $3B market. We have pulled together a world class team from Intel, HTC, Sun, and McAfee with decades of combined experience in the mobile, enterprise and security industries. Collectively, we have worked at 16 startups. Please email info@icrypto.com for more information.
  • Mobii Systems — Mobii's Media Intelligence Platform for live sports: Production AI, orchestrated by Synthetic Intelligence. Automated live production, real-time highlights, and personalized streams at broadcast scale.
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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: 2701
  • Round size: Seed $850k–$9.9M; Series A $3.5M–$32M; Series B $8M–$75M
  • Lead/follow: 4% lead, 96% follow
  • Last fund: Likely actively investing — fresh fund, raised $90k in 2026

Portfolio highlights

  • QuadSci — Customer Intelligence AI that predicts churn and growth from product telemetry, CRM data and conversational signals.
  • Veda — Veda is the largest vault infrastructure platform in DeFi, enabling institutions to launch and manage onchain financial products at scale.
  • Iambic — Iambic has created a cutting-edge AI-driven platform to tackle the most challenging design problems in drug discovery and address unmet patient need.
Show all investments...

Access 48,091 investors

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

Browse database — It's Free!
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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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: 85
  • Round size: Seed $500k–$4.5M; Pre-Seed $100k–$3.4M; Series A $1.1M–$23M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • Chari — Chari is an e-commerce and fintech app for traditional retailers in French-Speaking Africa allowing them to order any consumer goods they sell and get delivered for free in less than 24 hours. Chari is also a financial services provider for these retailers, offering them microloans
  • Intmax — INTMAX has developed significant innovations in ZK implementation making it a unique Layer2 rollup network that offers low cost, security, tunable privacy, and above all, scalability.
  • TIBU Health — TIBU Health is a disruptive HealthTech logistics company that provides high-quality healthcare services.
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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: 92
  • Round size: Seed $500k–$4M; Pre-Seed $100k–$3.7M; Series A $7M–$40M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • STEM Cafe — STEMCafe by RVRB is a fun out of school learning centre for kids
  • Juicyway — The new shape of money? Fluid. Access global currencies with Juicyway. Buy, sell, hold, and pay globally using our fast APIs, web, or mobile apps. Download now.
  • Lori Systems — Lori Systems is revolutionizing African logistics through innovative technology solutions. We connect shippers, transporters, and drivers to create efficient, reliable, and transparent supply chains across Africa.
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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: 21
  • Round size: Seed $715k–$3M; Series A $2.5M–$11M
  • Lead/follow: 62% lead, 38% 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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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: Likely actively investing — fresh fund, raised $250000B in 2025

Portfolio highlights

  • Accrual Software — We are a Software Development Company
  • Cyrrix Cybersecurity — At Cyrrix Cybersecurity, we understand the importance of protecting your business from online threats. Our team provides a full range of cybersecurity services to help safeguard your company's sensitive information and systems. We offer comprehensive risk assessments, penetration testing, and incident response planning to identify and addressvulnerabilities in your network. Our managed security services provide ongoing monitoring and threat detection to keep your business protected around the clock. With our help, you can rest easy knowing that your company's valuable assets are secure.
  • Aesthetic Prosthetic Bionics — Biological Engineering, Bionics, Biomimetics, Hydraulics, Prosthetics, Neuroprosthetics, Exoskeleton Suits, Dynamics, Kinematics Robotics, Human-Robot Interaction, Artificial Organs, Artificial Intelligence, Quantum Computing, Knowledge Reasoning, Machine Learning, Natural Language Processing, Computer Vision, Robotics, Artificial GeneralIntelligence, Deep Learning, Bayesian Networks, Evolutionary Algorithms, Computational Neuroscience, Neurocybernetics, Cybernetics, Cognitive Science, Source Coding, Channel Coding, Algorithmic Complexity Theory, Algorithmic Information Theory, Information-Theoretic Security, Grey System Theory & Biotechnology
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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: 1075
  • Round size: Seed $1.2M–$8.5M; Pre-Seed $125k–$3.8M; Series A $5M–$35M
  • Lead/follow: 2% lead, 98% follow
  • Last fund: Likely actively investing — fresh fund, raised $37M in 2026

Portfolio highlights

  • Starcloud — Starcloud is building a network of megawatt-scale data centers in space, scaleable to gigawatt capacity. Falling launch costs allow Starcloud to take advantage of the abundant energy, passive cooling, and high-speed connectivity in space.
  • Cambium — Cambium Carbon is an early stage social enterprise start up focused on implementing systems-level natural climate solutions centered on reforestation and urban wood reuse.
  • Cognition — Cognition develops artificial intelligence systems for software engineering and code automation. The company operates Devin, an AI software engineer that plans, writes, tests, debugs, and deploys code through integrated development workflows. Its platform works with existing development tools and codebases to support engineering tasks acrossapplication development, maintenance, and issue resolution. Cognition also provides tools that assist teams with system design, technical workflows, and collaborative coding processes. The company focuses on AI agents that automate repetitive engineering work while supporting software teams in managing complex development tasks.
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Capaci.Tech
VC Fund · Johannesburg, NA - South Africa, South Africa · 2 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: Apps, Software, B2B
  • Stage:Seed
  • Geography: South Africa, Kenya, United States

Investor stats

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

Portfolio highlights

  • TUNL — Ship globally with ease. TUNL offers affordable, transparent international shipping built for South African brands. Up to 91% cheaper. No surprises.
  • Marquee Group — Marquee Group is a sports management focused on Golf and train athletes to achieve goals.
  • Right Now Response — The future of repairs starts soon. Counting down to smarter tracking in 2025! There are perks to working 24/7, 365 days a year... Like launching the future of repairs ahead of schedule!
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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: 46
  • Round size: Seed $25k–$3.3M; Pre-Seed $200k–$2.1M; Series A $750k–$12M
  • Lead/follow: 28% lead, 72% 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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Endeavor South Africa
VC Fund · Johannesburg, NA - South Africa, South Africa · 2 investments in South Africa Hardware startups

Endeavor South Africa is a non-profit entity and the leading supporter of high-impact entrepreneurs around the world.

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Investment focus

  • Industry: Internet, Payments, Software
  • Stage:Seed, Series A, Series B
  • Geography: South Africa, United States

Investor stats

  • Total investments: 14
  • Round size: Seed $2.5M–$4.6M; Series B $11M–$48M
  • Lead/follow: 0% lead, 100% follow
  • Last fund: Likely actively investing — fresh fund, raised $14M in 2026

Portfolio highlights

  • Plentify — Plentify connects home appliances with cheaper cleaner energy. It does this with an intelligent residential load management platform which matches demand with clean energy supply for 75% cheaper than batteries. Plentify combines advanced hardware, AI, and user-centric design to create smart home products that delight customers while alsostrengthening electricity systems.
  • Sendmarc — Manage your organization's DMARC, SPF, and DKIM with world-class implementation services and support. All in one easy-to-use 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.
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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: 544
  • Round size: Seed $750k–$6M; Pre-Seed $100k–$2.5M; Series A $4M–$25M
  • Lead/follow: 5% lead, 95% follow
  • Last fund: Likely actively investing — fresh fund, raised $33M in 2025

Portfolio highlights

  • BON Credit — AI powered financial assistant from Bon Credit helps uncover savings, manage finances, and make smarter money decisions with AI. Start saving smarter today!
  • EquityList — Equity management with online cap table management and employee stock option programs (ESOP) administration. Available free for Indian startups
  • Orbital Sentry — Orbital Sentry delivers real-time wildfire detection and continuous geostationary monitoring to protect communities, reduce losses, and power next-generation risk intelligence. Our persistent infrared data helps insurers, governments, and first responders act faster and build true climate resilience
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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, Series A
  • Geography: United States, Nigeria, Egypt

Investor stats

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

Portfolio highlights

  • Cauridor — Cauridor is a Financial Services company.
  • WafR — WafR is a reward-based loyalty startup that allows users to earn phone recharges while shopping at retail shops.
  • Nucleon Security — Zero-Trust and ML-based Endpoint Detection and Response Platform #EDR #FDR #EndpointSecurity
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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.
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Alpha Private Capital
VC Fund · 1 investments in South Africa Hardware startups

Alpha Private Capital operates as an investment firm.

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Investment focus

  • Industry: Email, Internet, Information Technology
  • Stage:Series A
  • Geography: South Africa

Investor stats

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

Portfolio highlights

  • Sendmarc — Manage your organization's DMARC, SPF, and DKIM with world-class implementation services and support. All in one easy-to-use platform.
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Appsolute Ventures
VC Fund · 1 investments in South Africa Hardware startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • MetaPOS — B2B data platform and mobile POS for informal and township retail. We connect store owners, payment companies, and consumer brands through shared value.
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Nedbank
VC Fund · Sandown, NA - South Africa, South Africa · 1 investments in South Africa Hardware startups

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

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Investment focus

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

Investor stats

  • Total investments: 21
  • Lead/follow: no public data

Portfolio highlights

  • Pele Energy Group — Pele Energy Group owns and runs renewable energy infrastructure in addition to providing economic and community development consulting services.
  • WhereIsMyTransport — WhereIsMyTransport is a leading mobility technology company and central source of complete public transport data for emerging-market megacities. Working on the ground in Africa, Latin America, Southeast Europe and South and Southeast Asia, we digitalise network information from all modes of public transport and maintain data accuracy as thesedynamic systems change. Our products and data services improve the public transport experience, and inform industry-leading clients.
  • Sandfire Resources NL — Sandfire has grown to be a global copper producer of significance and continues to make strong progress toward its goal of being a sustainable mining company.
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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, Financial Services, Information Technology
  • Stage:Series A, Venture - Series Unknown
  • Geography: Mauritius, South Africa

Investor stats

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

Portfolio highlights

  • Hub2.Io — B2B solution for e-merchant in WEST AFRICA, that allows payment trough Mobile Banking, Credit Card.
  • Omnisient — Privacy-Preserving Data Collaboration platform enabling businesses to collaborate while ensuring consumer privacy and data protection.
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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: 159
  • Round size: Seed $120k–$3.7M; Pre-Seed $500k–$5.7M; Series A $1.6M–$20M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • AI Lean — AI Lean develops an all-in-one technology for processing liens and auctions. The platform automates the lien-to-auction process from end-to-end, with no need to switch between software, and it integrates with existing self-storage software.
  • Aikium Inc. — Protein therapeutics
  • LOOKOUT — Enhance your boating safety with Lookout Camera, the ultimate AI marine vision system. Spot hazards, navigate with augmented reality, and gain situational awareness like never before.
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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
  • Last fund: Likely still investing — raised $35M in 2024

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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FireID
VC Fund · Stellenbosch, NA - South Africa, South Africa · 1 investments in South Africa Hardware startups

FireID is a venture builder that helps makers, with unique skills and passion, build businesses to solve meaningful problems.

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Investment focus

  • Industry: EdTech, FinTech, Children
  • Stage:Pre-Seed, Seed
  • Geography: South Africa

Investor stats

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

Portfolio highlights

  • Mindjoy — Mindjoy leverages mobile tech to build a joyful kid learning community. It makes e-learning inclusive and personal by sharing projects, adaptive practice on mobile devices, and ongoing support from learning coaches. It also provides Live small-group STEAM classes that spark joyful learning.The company was founded in 2020 and is headquartered inCape Town, South Africa.
  • 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.
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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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Bloc Smart Africa Fund
VC Fund · 1 investments in South Africa Hardware startups

BLOC Smart Africa is a finance technology fund, managed by Bamboo Capital Partners.

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Investment focus

  • Industry: Health Care, Apps, Retail
  • Stage:Seed, Series B
  • Geography: Kenya, Senegal, Cameroon

Investor stats

  • Total investments: 5
  • Round size: Seed $330k–$2.7M
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • Kasha — Health products and household goods you want, delivered to where you are.
  • Afrikamart — Afrikamart is a west African distribution platform for fresh produce that offers its marketing services to producers - suppliers - and operates as a digital purchasing center for retailers, hotels and restaurants - customers.We combine extensive use of digital with its experience in the food value chain to: - Facilitate information exchangebetween suppliers and customers (purchase price, sale price, product availability, harvest and purchase forecasts) - Organize end-to-end logistics with a network of transporters - Optimize financial and product flows according to different purchase and payment termsOur team includes experienced technology driven individuals with a strong experience in food commodity trading. Afrikamart brings pragmatic solutions to solve food value chain inefficiencies in West Africa while empowering hundreds of underprivileged women and young people with economic opportunities.
  • TooMuchWifi — TooMuchWifi is known to be the Best and most Reliable Wifi provider. Ideal for your home or business!
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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: 147
  • Round size: Seed $500k–$6.2M; Series A $2.5M–$17M; Series B $8M–$30M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely actively investing — fresh fund, raised $62M in 2025

Portfolio highlights

  • Kuunda — Kuunda provides consulting, liquidity management, data insight tools enabling users to fulfill financial needs through a digital platform.
  • AquaExchange — AquaExchange is a technology platform for shrimp and fish farmers.
  • Gangkhar — Gangkhar provides AI-native embedded insurance infrastructure for digital platforms, insurers, MGAs, and brokers to launch, optimize, and scale embedded protection.
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Endeavor Catalyst
VC Fund · New York, New York, United States · 1 investments in South Africa Hardware startups

Endeavor Catalyst is the co-investment fund set up to invest exclusively in led companies

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Investment focus

  • Industry: Software, Information Technology, E-Commerce
  • Stage:Series B, Series A, Series C
  • Geography: United States, Brazil, Mexico

Investor stats

  • Total investments: 499
  • Round size: Series A $5.3M–$37M; Series B $8.8M–$100M; Series C $20M–$180M
  • Lead/follow: 4% lead, 96% follow
  • Last fund: Likely actively investing — fresh fund, raised $300M in 2025

Portfolio highlights

  • NG.CASH — NG.CASH is a digital bank designed to help the new generations (ages 12 to 30) achieve financial independence. It lets users take charge of their money through solutions like PIX (Brazil’s instant-payment system), prepaid and virtual cards, allowance management, and now credit products tailored for young adults. As a financial hub, NG.CASH is builtto grow with its clients, boosting financial literacy and supporting them at every stage of life.
  • Pagaleve — pagaleve offers payment in installments at PIX, with no interest and no credit card required. They provide merchants with a new payment method in order to increase their sales in a simple, uncomplicated, and agile manner, but they also want to provide people with the opportunity to buy what they want without committing to the card'shigh-interest rates and credit.
  • Rain — Rain is a vertically integrated issuing partner for global platforms. Enabling innovative financial products through modern APIs, flexible infrastructure, supporting electronic and digital money. Launch a card program in days not months.
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Strattech Partners
VC Fund · Devon, Pennsylvania, United States · 1 investments in South Africa Hardware startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

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

Investor stats

  • Total investments: 22
  • Round size: Seed $1M–$4.1M; Series A $5M–$56M; Venture - Series Unknown $1M–$25M
  • Lead/follow: 0% lead, 100% follow
  • Last fund: Likely still investing — raised $1.4M in 2022

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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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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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: 27
  • Round size: Seed $1.2M–$7.5M; Pre-Seed $1M–$2M; Series A $1M–$8.4M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

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

Crossfin invests in FINTECH solutions to enable growth for economies in Africa and beyond. Crossfin invests in high growth and established cash generative businesses, offering investors a blended exposure to technology investments in Fintech.

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Investment focus

  • Industry: Payments, FinTech, Financial Services
  • Stage:Seed, Series A
  • Geography: South Africa, Singapore, United States

Investor stats

  • Total investments: 23
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • Ask Gogo — Ask Gogo develops data free application designed to facilitate buying, selling, renting, and job searching without using mobile data.
  • DigiSquad — DigiSquad is a team of entrepreneurs in the payments industry striving to expand the reach of digital payment platforms in underserved regions.
  • AKELO Group — AKELO Group provides a marketplace for embedded financial services and solutions for corporates, retailers and SME merchants.
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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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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: 22
  • Round size: Seed $2M–$8M; Series B $12M–$55M
  • Lead/follow: 14% lead, 86% 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, Internet, Local
  • Stage:Seed, Venture - Series Unknown, Pre-Seed
  • Geography: Germany, Kenya, Finland

Investor stats

  • Total investments: 9
  • Round size: Seed $500k–$1M
  • Lead/follow: 22% lead, 78% 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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54 Collective
VC Fund · Johannesburg, NA - South Africa, South Africa · 1 investments in South Africa Hardware startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Yeah — Yeah is a financial technology company that offers payment processing services while building a credit profile for the banked and unbanked.
  • REasy — Top up locally, pay suppliers globally, and manage international shipments with REasy. Fast, secure, and designed for African businesses expanding worldwide.
  • Konnect — Konnect provides a cross borders payment solution intended to simplify complex financial flows allowing companies of any scale and size to send and receive payments in a practical, secure, and low-cost way.
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Microsoft
VC Fund · Redmond, Washington, United States · 1 investments in South Africa Hardware startups

Microsoft is an American multinational corporation that develops, manufactures, licenses, supports, and sells a range of software products and services.Microsoft’s devices and consumer (D&C) licensing segment licenses the Windows operating system and related software, Microsoft Office for consumers, and the Windows Phone operating system. Thecompany’s computing and gaming hardware segment provides Xbox gaming and entertainment consoles and accessories, second-party and third-party video games, and Xbox Live subscriptions; surface devices and accessories; and Microsoft PC accessories. Its phone hardware segment offers Lumia smartphones and other non-Lumia phones. Its D&C segment provides Windows Store, Xbox Live transactions, and Windows phone store; search advertising; display advertising; Office 365 Home and Office 365 Personal; first-party video games; and other consumer products and services as well as operating retail stores.Microsoft’s commercial licensing segments license server products, including Windows Server, Microsoft SQL Server, Visual Studio, System Center, and related Client Access Licenses (CALs); Windows Embedded; Windows operating system; Microsoft Office for business, including Office, Exchange, SharePoint, Lync, and related CALs; Microsoft Dynamics business solutions; and Skype. Its commercial segment offers enterprise services, including premier support services and Microsoft consulting services; commercial cloud comprising Office 365 Commercial, other Microsoft Office online offerings, Dynamics CRM Online, and Microsoft Azure; and other commercial products and online services.The company markets and distributes its products through original equipment manufacturers, distributors, and resellers, as well as online.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Grant, Seed
  • Geography: United States, United Kingdom, India

Investor stats

  • Total investments: 299
  • Round size: Seed $5k–$4M; Grant $25k–$2.5M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely still investing — raised $1B in 2023

Portfolio highlights

  • Meta — At Meta, they work on landmark AI challenges that have the power to transform how scientific knowledge is experienced and consumed. Meta provides innovators throughout the scientific ecosystem with powerful views of the current and future trajectories of science and technology with the goal of making all scientific knowledge computable. Meta’smission is to unlock all of the world’s scientific and technical insights using artificial intelligence.
  • AppNexus — Microsoft Invest is a demand side platform built for the future of video advertising.
  • GuidenAI — GuidenAI is an AI-focused innovation lab building Broxi AI, a no-code AI agent builder, and Genpio, an AI livestream selling platform.
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Launch Africa
VC Fund · Ebène, Plaines Wilhems, Mauritius · 1 investments in South Africa Hardware startups

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

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Investment focus

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

Investor stats

  • Total investments: 178
  • Round size: Seed $200k–$4M; Pre-Seed $200k–$1.8M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $36M in 2022

Portfolio highlights

  • Yamify — Yamify is an AI platform where intelligent agents reliably run mission-critical business workflows in Africa. Founded by Silicon Valley engineers, our platform automates complex operations by integrating humans, systems, and infrastructure reliably, even under connectivity, latency, and compliance challenges. Starting with on-prem deployments,Yamify is evolving into a full AI automation infrastructure for African enterprises.
  • Shopstar — A place for makers and creators to start, manage and grow successful online stores. Our built-in design, payment and shipping methods provide you with an all in one solution. Get started with a free 14-day trial.
  • Kashat — The region's first nano financial service provider, offering small productive loans, and serving as the entry point to financial inclusion for the un- and underbanked population in Egypt.
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CV VC
VC Fund · Zug, Zug, Switzerland · 1 investments in South Africa Hardware startups

We invest in blockchain

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Investment focus

  • Industry: Blockchain, Software, FinTech
  • Stage:Seed, Pre-Seed
  • Geography: United States, Switzerland, Germany

Investor stats

  • Total investments: 61
  • Round size: Seed $150k–$4M; Pre-Seed $125k–$800k
  • Lead/follow: 13% lead, 87% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • TurnStay — Enjoy low transaction fees on card payments in ZAR, Euros or Dollars and fast payouts in your preferred currencies. Book a demo today
  • Orca Fraud — Orca empowers fraud fighters with effective tools to combat fraud
  • Reppo Labs — Blockchain Network that connect Data Owners with AI Developers and AI agents through Programmable IP Co-ownership
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Triodos Bank
VC Fund · Zeist, Utrecht, The Netherlands · 1 investments in South Africa Hardware startups

Triodos Investment Management focuses on investments in various areas, including renewable energy, microfinance, and real estate.

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Investment focus

  • Industry: Financial Services, Energy, Solar
  • Stage:Debt Financing, Series A
  • Geography: India, Germany, Kenya

Investor stats

  • Total investments: 45
  • Round size: Series A $12M–$12M; Debt Financing $3.6M–$80M
  • Lead/follow: 47% lead, 53% follow

Portfolio highlights

  • MyJouleBox — MyJouleBox offers a solution for solar professionals in Africa to offer leased solar installations to their customers.
  • Storm — Storm focuses on wind energy solutions, developing and managing wind farms for renewable energy production.
  • axio — Capital Float is an online platform that provides working capital finance to SMEs in India. It offers flexible, short-term loans that can be used to purchase inventory, service new orders or optimize cash cycles. Borrowers can apply online in minutes, select desired repayment terms and receive funds in their bank accounts in 7 days with minimalhassle.Capital Float was founded in 2013 by Gaurav Hinduja and Sashank Rishyasringa.
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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: 159
  • Round size: Seed $700k–$9M; Pre-Seed $100k–$1.1M; Series A $4.5M–$28M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: Likely still investing — raised $362k in 2024

Portfolio highlights

  • Scindo — Creating a novel biological process to turn low-value plastic landfill waste into high-value molecules.
  • Resurrect Bio — Resurrect Bio is a disease resistance trait discovery company. Using AI and our high-throughput in planta screening platform we provide traits for breeders.
  • IIF — A farm in your pocket.
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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: 100% lead, 0% follow

Portfolio highlights

  • Megabit Cloud — Cloud for Everyone. Fast, secure web hosting from $2.99/mo. Domain registration, WordPress hosting, VPS, and business email. Global infrastructure, local support.
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One5
VC Fund · 1 investments in South Africa Hardware startups

Investment focus

  • Industry: Data Center, Information Technology
  • Stage:Venture - Series Unknown
  • Geography: South Africa

Investor stats

  • Total investments: 1
  • 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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Hardware VC funding in South Africa at a glance

Stats across 181 deals from 203 investors.

203
investors
in South Africa Hardware startups
181
deals
in South Africa Hardware startups
$1.4M
median round
in South Africa Hardware startups
53%
lead investors
lead at least one round
18%
Seed
most common funding stage

Access all 203 VC funds in South Africa Hardware startups.

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