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Top 40 Mobile Apps VC Funds & Investors in South Africa (June 2026)

The most active venture capital funds investing in South Africa Mobile Apps startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in South Africa Mobile Apps startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Kalon Venture Partners
VC Fund
3 South Africa, Luxembourg, United States Seed, Series A Apps, Internet, Software $570k–$7M
IDF Capital SA
VC Fund
3 South Africa Seed Automotive, Mobile Apps
Riot Games
VC Fund
2 United States, Germany, China Seed, Series A Gaming, Video Games, Software $2M–$55M
TTV Capital
VC Fund
2 United States, Canada, Ireland Series A, Seed, Series B FinTech, Financial Services, Software $3M–$45M
AlphaCode Club
VC Fund
2 South Africa, United Kingdom Grant, Seed Financial Services, FinTech, Finance $26k–$7.2M
HAVAÍC
VC Fund
2 South Africa, United States, Kenya Seed, Series A Software, Health Care, FinTech $57k–$15M
Launch Africa
VC Fund
2 Nigeria, South Africa, United States Seed, Pre-Seed Financial Services, FinTech, Information Technology $200k–$4M
Konvoy
VC Fund
2 United States, Canada, Sweden Seed, Series A, Series B Gaming, Video Games, Software $1M–$56M
Ayre Group
VC Fund
2 United States, United Kingdom, South Africa Seed, Series A Blockchain, Video Streaming, Information Technology $393k–$4.4M
Chandaria Capital
VC Fund
2 Kenya, United States, Nigeria Seed, Series A, Pre-Seed E-Commerce, Retail, FinTech $250k–$37M
Raine Ventures
VC Fund
2 United States, United Kingdom, Israel Series A, Series B, Seed Gaming, Mobile, Internet $2.3M–$62M
Musha Ventures
VC Fund
2 United States, Nigeria, Kenya Seed, Pre-Seed, Series A Software, Financial Services, FinTech $125k–$10M
Bose Ventures
VC Fund
2 United States, India, Denmark Series B, Series A Software, Music, Mobile $1.5M–$80M
CRE Venture Capital
VC Fund
2 Nigeria, South Africa, United States Seed, Series A, Pre-Seed Financial Services, Software, FinTech $250k–$25M
Lateral Frontiers
VC Fund
2 United States, Nigeria, Kenya Seed, Series A, Pre-Seed FinTech, Financial Services, Software $500k–$15M
Perivoli Innovations
VC Fund
2 United Kingdom, Kenya, South Africa Seed, Series A, Series B Health Care, Biotechnology, Medical $1.3M–$26M
Ground Squirrel Ventures
VC Fund
2 United States, Kenya, Zambia Seed, Series A Financial Services, FinTech, Finance $400k–$5M
Two Hop Ventures
VC Fund
1 The Netherlands, United States, Spain Seed, Series A Software, Blockchain, Bitcoin $125k–$2.2M
E2 Ventures
VC Fund
1 South Africa, The Netherlands Seed Mobile Apps, Automotive, Telecommunications
AngelHub Ventures
VC Fund
1 South Africa, Mexico, Colombia Seed, Series A, Pre-Seed Software, Information Technology, Education $300k–$2.3M
P1 Ventures
VC Fund
1 Egypt, Kenya, United States Seed, Pre-Seed, Series B Financial Services, Software, Payments $400k–$40M
TotalEnergies Ventures
VC Fund
1 United States, France, United Kingdom Series B, Series C Energy, Renewable Energy, Transportation $9.3M–$175M
Yield Guild Games
VC Fund
1 United States, Singapore, Australia Seed, Initial Coin Offering Gaming, Blockchain, Video Games $2M–$20M
Smollan
VC Fund
1 South Africa Series A SaaS, Mobile, Software
Sky Mavis
VC Fund
1 United States, United Kingdom, Canada Seed, Series A, Venture - Series Unknown Gaming, Web3, Blockchain $500k–$5.4M
AET Fund
VC Fund
1 India, United States, Canada Seed, Series A, Pre-Seed Internet, E-Commerce, Gaming $1.1M–$10M
Futuregrowth Asset Management
VC Fund
1 South Africa, France, United States Seed, Series B Software, Transportation, Financial Services $1.9M–$16M
Ingressive Capital
VC Fund
1 Nigeria, United States, Egypt Pre-Seed, Seed, Series A Financial Services, FinTech, Information Technology $25k–$15M
Sphere Holdings
VC Fund
1 South Africa Series A Software, Web Apps, Health Care
Omidyar Network
VC Fund
1 United States, India, Kenya Series A, Seed, Series B Financial Services, FinTech, Education $700k–$34M
Avenir
VC Fund
1 United States, India, France Series B, Series C, Series A Software, FinTech, E-Commerce $18M–$200M
CIG Spectrum Capital
VC Fund
1 Singapore, United States Seed, Series A Gaming, Farming, Blockchain $2.5M–$20M
Google
VC Fund
1 United States, India, United Kingdom Grant, Seed Software, Information Technology, Artificial Intelligence $50k–$13M
Knife Capital
VC Fund
1 South Africa, United States, Kenya Series A, Seed Software, Education, Manufacturing $2M–$30M
Industrial Development Corporation
VC Fund
1 South Africa, Australia, Canada Post-IPO Debt, Debt Financing, Series A Renewable Energy, Mobile, Sustainability $1.1M–$315M
Wuri Ventures
VC Fund
1 United States, Kenya, Ghana Seed, Pre-Seed, Series A FinTech, Financial Services, Information Technology $500k–$30M
Andreessen Horowitz
VC Fund
1 United States, United Kingdom, Brazil Series A, Seed, Series B Software, Information Technology, Artificial Intelligence $1.5M–$107M
Harambeans
VC Fund
1 Nigeria, Kenya, Morocco Seed, Angel Information Technology, B2B, Big Data $100k–$3.1M
Virgin Group
VC Fund
1 United States, United Kingdom, Germany Series A, Series B Software, E-Commerce, Mobile $5M–$92M
Investment One
VC Fund
1 South Africa Series A FinTech, Payments, Mobile Apps
Access all 65 VC funds in South Africa Mobile Apps startups.

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

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Investor list

Kalon Venture Partners
VC Fund · Johannesburg, NA - South Africa, South Africa · 3 investments in South Africa Mobile Apps 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: Apps, Internet, Software
  • Stage:Seed, Series A
  • Geography: South Africa, Luxembourg, United States

Investor stats

  • Total investments: 17
  • Round size: Seed $570k–$3M; Series A $2M–$7M
  • Lead/follow: 71% lead, 29% follow

Portfolio highlights

  • Talk360 — Talk360 is an easy-to-use calling app that helps people make affordable international calls to any mobile and landline number. They believe that reliable communication and digital services must be affordable and accessible to everyone, regardless of someone's background. Especially people in emerging countries in Africa, who often need theseservices the most, do not always have the necessary banking possibilities. To bridge this distance, Talk360 will launch the world's first single checkout platform for Africa. This platform will combine all locally available payment methods and currencies across Africa, together with over 1.25 million cash points of sales, and will eventually be available to other companies as well. This means that 500 million Africans will be able to purchase digital services they never had access to before.
  • Sendmarc — Manage your organization's DMARC, SPF, and DKIM with world-class implementation services and support. All in one easy-to-use platform.
  • visionAI — Enhance factory efficiency with visionAI by using existing cameras to uncover inefficiencies and eliminate your production blindspots. Book a demo now!
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IDF Capital SA
VC Fund · Johannesburg, NA - South Africa, South Africa · 3 investments in South Africa Mobile Apps startups

IDF Capital is an established financier, investing in high growth SMEs/Entrepreneurial businesses. We invest with a gender lens strategy

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Investment focus

  • Industry: Automotive, Mobile Apps
  • Stage:Seed
  • Geography: South Africa

Investor stats

  • Total investments: 4
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Carscan — cARscan is an Augmented Reality app with an embedded visual recognition AI to track the visual condition of every motor vehicle during its life-stage.
  • SweepSouth — Book a home cleaning online from your mobile, tablet or computer. SweepSouth connects you with a cleaner in minutes. Cleaners are experienced, reliable, efficient and insured.
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Riot Games
VC Fund · Los Angeles, California, United States · 2 investments in South Africa Mobile Apps startups

Riot Games is the most player-focused game developer and publisher in the world. We published League of Legends in 2009, and have since released Teamfight Tactics, Legends of Runeterra, VALORANT, and League of Legends: Wild Rift.

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Investment focus

  • Industry: Gaming, Video Games, Software
  • Stage:Seed, Series A
  • Geography: United States, Germany, China

Investor stats

  • Total investments: 27
  • Round size: Seed $2M–$12M; Series A $6M–$55M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • Curse — The entertainment site where fans come first. Your daily source for all things TV, movies, and games, including Star Wars, Fallout, Marvel, DC and more.
  • Stoke Games — Stoke Games operates as an independent gaming studio.
  • Liminal Experiences — Liminal is a new UGC game for creating narrative action role-playing games with the vision of making the world a more creative place. By fusing two interconnected game modes—a joyful creation experience and socially immersive adventure gameplay—they hope to inspire creativity and storytelling.
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TTV Capital
VC Fund · Atlanta, Georgia, United States · 2 investments in South Africa Mobile Apps startups

TTV Capital is a venture capital firm that funds and supports the businesses that shape the financial future of the world.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Series A, Seed, Series B
  • Geography: United States, Canada, Ireland

Investor stats

  • Total investments: 168
  • Round size: Seed $3M–$10M; Series A $5M–$28M; Series B $5M–$45M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: Likely still investing — raised $250M in 2023

Portfolio highlights

  • Payabli — Payabli delivers payment infrastructure through a single unified API, enabling software platforms to embed, manage, and scale payments.
  • When Insurance — Discover affordable COBRA health insurance alternatives for organizations seeking to minimize COBRA expenses and simplify offboarding.
  • Monit — Monit is an award-winning cash flow analysis, forecasting and guidance platform that banks provide to their business customers. So both can work smarter and power the success of the other.
Show all investments...

AlphaCode Club
VC Fund · Gauteng, NA - South Africa, South Africa · 2 investments in South Africa Mobile Apps startups

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

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Investment focus

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

Investor stats

  • Total investments: 27
  • Round size: Seed $57k–$7.2M; Grant $26k–$114k
  • Lead/follow: 70% lead, 30% follow

Portfolio highlights

  • Abela — Abela is a mobile payments platform that allows the underserved to make and receive payments.
  • BriefCo — BriefCo is South Africa's first and only legal cost consultancy leveraging technology. We utilize our own secure online platform to allow for the digital delivery and storage of all documents, thereby reducing the significant costs associated with printing, delivery, and file preparation. ​
  • AgrigateOne — AgrigateOne is an online platform that enables openness between growers and buyers and gets data about agriculture and marine logistics.
Show all investments...

HAVAÍC
VC Fund · Cape Town, NA - South Africa, South Africa · 2 investments in South Africa Mobile Apps startups

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

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Investment focus

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

Investor stats

  • Total investments: 43
  • Round size: Seed $57k–$4M; Series A $1.9M–$15M
  • Lead/follow: 60% lead, 40% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • MPost — MPost means Mobile Post office.It enables any mobile phone user to have his or her phone act like a mobile post office. It allows you to make your mobile number be a formal postal address. With it, you get access to Postal Services through your mobile phone.
  • RecoMed — Find the best doctors and dentists. Search by location or by speciality, and find the right doctor for you.
  • AURA — A South African cloud-based security and safety startup .
Show all investments...

Launch Africa
VC Fund · Ebène, Plaines Wilhems, Mauritius · 2 investments in South Africa Mobile Apps 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: 162
  • Round size: Seed $200k–$4M; Pre-Seed $200k–$1.7M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: Likely still investing — raised $36M in 2022

Portfolio highlights

  • Fixit45 — Fixit45 also provides fleet management, auto parts sourcing and delivery, auto care, refurbishment and upgrades, repair financing, and mechanic workshop software as well as pre-purchase inspections, underlying these with moderation for compliance and accountability.
  • Gigmile — Gigmile provides financial services. They provide gig workers with core services and an affordable lease on productive assets that is tailored to their earnings to enable them to succeed in the mobility industry as entrepreneurs.
  • HomecomingEx — Homecoming Revolution is a pan-African recruitment firm for global African professionals. We specialise in headhunting & placing global African talent.
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Konvoy
VC Fund · Denver, Colorado, United States · 2 investments in South Africa Mobile Apps startups

Konvoy Ventures is a thesis driven venture capital firm. We invest in the platforms and technologies at the frontier of gaming.

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Investment focus

  • Industry: Gaming, Video Games, Software
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, Sweden

Investor stats

  • Total investments: 56
  • Round size: Seed $1M–$8.3M; Series A $4M–$25M; Series B $15M–$56M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: Likely still investing — raised $150M in 2022

Portfolio highlights

  • Solsten — 12traits is an AI firm engaged in understanding human behavior in the digital world for powering the future of customer experience.
  • Diversion Company — Source code management that doesn't suck
  • Carry1st — Carry1st develops and publishes enriching mobile games and content apps for African consumers.
Show all investments...

Ayre Group
VC Fund · St. John's, Newfoundland, Canada · 2 investments in South Africa Mobile Apps startups

Ayre Group is a venture capital firm that has been disrupting industries and creating iconic brands for decades, from technology, real estate, and Bitcoin, to media & publishing.

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Investment focus

  • Industry: Blockchain, Video Streaming, Information Technology
  • Stage:Seed, Series A
  • Geography: United States, United Kingdom, South Africa

Investor stats

  • Total investments: 14
  • Round size: Seed $393k–$4.4M
  • Lead/follow: 93% lead, 7% follow

Portfolio highlights

  • Libraro — Libraro operates on blockchain technology to modernise the book publishing sector.
  • Vaionex — Next Generation Blockchain Applications. We are building the infrastructure and services that will power the new internet and economic system.
  • Gate2Chain
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Chandaria Capital
VC Fund · Nairobi, Nairobi Area, Kenya · 2 investments in South Africa Mobile Apps startups

KOITOTO merupakan akses login situs toto togel 4D resmi dan link slot gacor terpercaya menyediakan akses super cepat serta permainan terlengkap dengan tingkat kemenangan tinggi setiap hari.

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Investment focus

  • Industry: E-Commerce, Retail, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Kenya, United States, Nigeria

Investor stats

  • Total investments: 29
  • Round size: Seed $250k–$6M; Pre-Seed $1M–$3M; Series A $2M–$37M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Leta — Leta Technology is a software development company that creates supply chain and logistics software to enable the efficient and automated movement of goods.
  • Savannah Brands — Savannah Brands is a food & beverage company.
  • UTU Technologies — Trust infrastructure for the sharing economy.
Show all investments...

Access 48,091 investors

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

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Raine Ventures
VC Fund · San Francisco, California, United States · 2 investments in South Africa Mobile Apps startups

Raine Ventures is an early stage fund managed by The Raine Group. The firm has offices in San Francisco, New York, Los Angeles, London and Shanghai. With a global reach, Raine focuses on investment and advisory opportunities where its deep industry experience and unique network of strategic relationships can create value for portfolio companies andclients.

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Investment focus

  • Industry: Gaming, Mobile, Internet
  • Stage:Series A, Series B, Seed
  • Geography: United States, United Kingdom, Israel

Investor stats

  • Total investments: 89
  • Round size: Seed $2.3M–$7M; Series A $5M–$20M; Series B $10M–$62M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: May invest from a new fund soon — raised $100M in 2017

Portfolio highlights

  • Definely — Definely creates legal tech solutions to free lawyers from frustration, saving them time when understanding, drafting and reviewing legal documents.
  • Whip Media — Discover how Whip Media is revolutionizing the business of content with AI-native solutions for smarter licensing.
  • Rock The Bells — Rock The Bells is an online store for hip-hop culture merchandise.
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Musha Ventures
VC Fund · New York, New York, United States · 2 investments in South Africa Mobile Apps startups

Seed capital for technology startups globally.

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Investment focus

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

Investor stats

  • Total investments: 140
  • Round size: Seed $125k–$4.9M; Pre-Seed $300k–$3.2M; Series A $2.5M–$10M
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • nGrow.ai — Boost revenue and engagement
  • HoneyCoin — HoneyCoin is a web3/web2 ecosystem of products built in a way that abstracts complexity and brings all the value of web3 and web2 to the forefront.
  • Orca Fraud — Orca empowers fraud fighters with effective tools to combat fraud
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Bose Ventures
VC Fund · Framingham, Massachusetts, United States · 2 investments in South Africa Mobile Apps startups

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

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Investment focus

  • Industry: Software, Music, Mobile
  • Stage:Series B, Series A
  • Geography: United States, India, Denmark

Investor stats

  • Total investments: 22
  • Round size: Series A $1.5M–$9.9M; Series B $2M–$80M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: May invest from a new fund soon — raised $50M in 2018

Portfolio highlights

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

Founded in 2015, CRE Venture Capital invests in early stage tech companies that are levered to Africa. CRE is headquartered in the New York metro area, with a regional office in Lagos, Nigeria.

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Investment focus

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

Investor stats

  • Total investments: 58
  • Round size: Seed $1.1M–$4M; Pre-Seed $250k–$3.3M; Series A $1.1M–$25M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Sabi Am — Sabi is Africa's largest B2B company, & we are digitising informal trade via our platform. We access markets hard to reach and ensure ease of distribution, & are the No 1 FCMG supplier in Africa.
  • Flood — Flood is a marketplace platforms that provides merchant solution, self services and big data solution.
  • Asoko Insight — The most comprehensive database of African private companies for due diligence and business development
Show all investments...

Lateral Frontiers
VC Fund · New York, New York, United States · 2 investments in South Africa Mobile Apps startups

Lateral Capital is a mission driven venture fund investing in early and growth stage opportunities in Africa. We back companies that provide foundational technologies for the continent. We make debt and equity investments technology-enabled businesses that profitably solve significant pain points across financial services, healthcare, education,energy, agriculture, housing, logistics, mobility and more.

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Investment focus

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

Investor stats

  • Total investments: 37
  • Round size: Seed $1M–$3.1M; Pre-Seed $500k–$3.5M; Series A $558k–$15M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: May invest from a new fund soon — raised $50M in 2020

Portfolio highlights

  • CNote — CNote makes initial Cash Deposits easy for corporations, foundations, and individuals. Align your financial goals with your values and drive change in communities.
  • Rhaeos — Rhaeos, the world's first wearable shunt monitor, aims to improve the quality care for patients with hydrocephalus through a novel, thermal biosensor. Developed within Northwestern University with collaboration between Dr. John Rogers, McCormick School of Engineering, Feinberg School of Medicine and Kellogg School of Management, Rhaeosrepresents a unique multidisciplinary translational effort for an important clinical need.
  • Wattnow — Wattnow is a real-time monitoring solution that provides a breakdown of energy spending to identify wasteful trends.
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Perivoli Innovations
VC Fund · St. Helier, NA - Jersey, Jersey · 2 investments in South Africa Mobile Apps startups

Perivoli Innovations is a venture investment Trust established in 2016 by the Perivoli Trust. It donates profits to the Perivoli Foundation, a UK Charity, whose principal focus is Africa.

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Investment focus

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

Investor stats

  • Total investments: 26
  • Round size: Seed $1.3M–$4.6M; Series A $1.4M–$12M; Series B $2.8M–$26M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • Adaptavate — Adaptavate is leading the carbon change in the construction industry
  • Ilara Health — Ilara Health helps primary care clinics across Africa deliver better care.
  • Greenspark — Turn your e-commerce business into a force for good, increase sales and engage your customers in climate action with Greenspark.
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Ground Squirrel Ventures
VC Fund · Boston, Massachusetts, United States · 2 investments in South Africa Mobile Apps startups

Seed round investment in frontier markets and clean energy

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Seed, Series A
  • Geography: United States, Kenya, Zambia

Investor stats

  • Total investments: 70
  • Round size: Seed $400k–$3M; Series A $1.8M–$5M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Grapevine — Grapevine makes it possible for groups to invite members, collect and distribute donations, establish a community and connect with nonprofits.
  • MindMics — Discover MindMics. The world's most accurate personal heart health monitor and well-being platform. Look after your heart health to live longer and better.
  • Untapped Global — 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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Two Hop Ventures
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in South Africa Mobile Apps startups

Two Hop is a VC fund focusing exclusively on startups providing the infrastructure for the next generation secure internet. While the Web 2.0 democratized many power structures and created new opportunities, the economic engine is largely privatized and monopolized. Facebook, Uber and AirBnB have created private networks for public infrastructurewhich they dominate. Web 3 is the antithesis and promises to return the internet to the hands of users through the combination of blockchain and internet. It’s about multiple profit centers sharing value across an open network. Two Hop believes the BSV blockchain is best suited for becoming the backbone of Web 3.

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Investment focus

  • Industry: Software, Blockchain, Bitcoin
  • Stage:Seed, Series A
  • Geography: The Netherlands, United States, Spain

Investor stats

  • Total investments: 8
  • Round size: Seed $125k–$2.2M
  • Lead/follow: 63% lead, 37% follow
  • Last fund: May invest from a new fund soon — raised $3.2M in 2019

Portfolio highlights

  • Vaionex — Next Generation Blockchain Applications. We are building the infrastructure and services that will power the new internet and economic system.
  • BikeFair — BikeFair is an online marketplace for comfortable buying and selling verified non-stolen bicycles.The idea of BikeFair arose from our personal need to buy a cheap (yet usable) bike for everyday use in the Netherlands. That felt like an extremely hard & annoying thing to do with the existent tools. We are also fed up by the number of bikes weand our friends have already lost to theft, and we realized there is a way out of this: we can cut the demand for stolen bikes by creating a nice and easy-to-use alternative.Designed to prevent trading stolen bikes, BikeFair offers an easy and fun to use service alternative to the shady dude trying to sell you an obviously stolen bike on the corner at midnight.
  • mintBlue — The infrastructure layer where enterprises and governments share, verify, and act on data without losing control. 50M+ daily transactions.
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E2 Ventures
VC Fund · 1 investments in South Africa Mobile Apps startups

E2 Ventures is an investment firm.

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Investment focus

  • Industry: Mobile Apps, Automotive, Telecommunications
  • Stage:Seed
  • Geography: South Africa, The Netherlands

Investor stats

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

Portfolio highlights

  • Carscan — cARscan is an Augmented Reality app with an embedded visual recognition AI to track the visual condition of every motor vehicle during its life-stage.
  • Talk360 — Talk360 is an easy-to-use calling app that helps people make affordable international calls to any mobile and landline number. They believe that reliable communication and digital services must be affordable and accessible to everyone, regardless of someone's background. Especially people in emerging countries in Africa, who often need theseservices the most, do not always have the necessary banking possibilities. To bridge this distance, Talk360 will launch the world's first single checkout platform for Africa. This platform will combine all locally available payment methods and currencies across Africa, together with over 1.25 million cash points of sales, and will eventually be available to other companies as well. This means that 500 million Africans will be able to purchase digital services they never had access to before.
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AngelHub Ventures
VC Fund · Stellenbosch, NA - South Africa, South Africa · 1 investments in South Africa Mobile Apps 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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P1 Ventures
VC Fund · San Francisco, California, United States · 1 investments in South Africa Mobile Apps 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: 43
  • Round size: Seed $1.3M–$5M; Pre-Seed $400k–$2M; Series B $7.5M–$40M
  • Lead/follow: 30% lead, 70% 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
  • Root — Launch digital and embedded insurance solutions with omni-channel distribution.
  • Traction Apps — Traction apps provide businesses end to end tools they need to run and grow their businesses.
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TotalEnergies Ventures
VC Fund · La Défense, Ile-de-France, France · 1 investments in South Africa Mobile Apps startups

TotalEnergies Ventures is the venture capital arm of Total.As part of Total's commitment to a better energy future, TotalEnergies Ventures is focused on finding, funding and fostering high-potential start-ups which will contribute to creating a low carbon future.Current areas of interest include Renewables, Distributed Energy, NewMobility, Energy Access, Energy Storage, Bio-Plastics, Circular Economy, Carbon Capture and Hydrogen.

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Investment focus

  • Industry: Energy, Renewable Energy, Transportation
  • Stage:Series B, Series C
  • Geography: United States, France, United Kingdom

Investor stats

  • Total investments: 93
  • Round size: Series B $9.3M–$175M; Series C $12M–$65M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • Autogrid — AutoGrid Systems organizes energy data and employs big data analytics to generate real-time predictions that create actionable data.The company’s suite of flexibility management applications allows utilities, electricity retailers, renewable energy project developers and energy service providers to deliver cheap, clean and reliable energy bymanaging networked distributed energy resources (DERs) in real time and at scale. AutoGrid applications utilize petabytes of smart meter, sensor and third-party data, along with powerful data science and high-performance computing algorithms, to monitor, predict, optimize and control the operations of millions of assets connected across global energy networks.Established at Stanford University in 2011, they have assembled a team of world-class software architects, electrical and computer engineers, data scientists and energy experts who apply cutting-edge analytics and in-depth energy data science to solve the world’s most critical energy problems.
  • 45-8 ENERGY — 45-8 ENERGY is exploring eco-friendly helium for uses in many industries.
  • Ampersand — Ampersand catalyzes and power mass-market electric mobility. By supplying the battery swap network and operating system the company makes sustainable mobility rapidly accessible and affordable for developing markets, to improve livelihoods and the environment. With over a million km already covered by e-motorcycles in Africa using our plug-and-playpowertrain and energy network.
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Yield Guild Games
VC Fund · Quezon, Quezon City, Philippines · 1 investments in South Africa Mobile Apps startups

Yield Guild Games (YGG) is a decentralized autonomous organization (DAO) for investing in non fungible tokens (NFTs) used in virtual worlds and blockchain-based games. The organization’s mission is to create the biggest virtual world economy, optimizing its community-owned assets for maximum utility, and sharing its profits with its token holders.

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Investment focus

  • Industry: Gaming, Blockchain, Video Games
  • Stage:Seed, Initial Coin Offering
  • Geography: United States, Singapore, Australia

Investor stats

  • Total investments: 72
  • Round size: Seed $2M–$13M; Initial Coin Offering $3M–$20M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Amasa — Amasa puts a new world of income streaming in the palm of your hand. Combine, stabilise and amplify micro income streams of cryptocurrencies. We want to help people improve their financial position, and be producers and participants, not products.
  • XY Finance — XY Finance is a leading cross-chain bridge aggregator that operates on 17+ EVM chains including zkSync, Linea, Arbitrum & Optimism, making bridging as easy as possible.
  • Party Icons — Party Icons is a web3 mobile gaming platform. Its mission is to blend the social glue of party games with the intensity of extraction shooters.
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Smollan
VC Fund · Gauteng, NA - South Africa, South Africa · 1 investments in South Africa Mobile Apps startups

Smollan drives retail growth at the point of purchase with expert merchandising, activation and tech solutions for brands.

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Investment focus

  • Industry: SaaS, Mobile, Software
  • Stage:Series A
  • Geography: South Africa

Investor stats

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

Portfolio highlights

  • wiGroup — Award-winning loyalty and rewards software powering South Africa's largest network. Bank card-linked loyalty, digital gift cards, and vouchers across 27,000+ stores.
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Sky Mavis
VC Fund · Ho Chi Minh City, NA - Vietnam, Vietnam · 1 investments in South Africa Mobile Apps startups

Blockchain: Gamified - Games with real, player-owned economies will become places where we live, work, and play - True digital nations

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Investment focus

  • Industry: Gaming, Web3, Blockchain
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 9
  • Round size: Seed $500k–$5.4M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • Moku — Worshipping a mischievous Moki with big balls and a small brain. 8887 NFTs, 900+ traits, 3 epic games.
  • Pixion Games — Pixion Games is a studio focused on building competitive esports games for mobile device.
  • Power Protocol — Power Protocol is an infrastructure layer that drives the single, cohesive blockchain entertainment ecosystem.
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AET Fund
VC Fund · Tokyo, Tokyo, Japan · 1 investments in South Africa Mobile Apps startups

AET Fund envisions a Heart Driven World by making the world a colorful place through entertainment.

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Investment focus

  • Industry: Internet, E-Commerce, Gaming
  • Stage:Seed, Series A, Pre-Seed
  • Geography: India, United States, Canada

Investor stats

  • Total investments: 36
  • Round size: Seed $1.1M–$7M; Series A $2M–$10M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: May invest from a new fund soon — raised $50M in 2019

Portfolio highlights

  • Questt — School homework app by Questt helps teachers to assign homework to students. Download today on your smartphone.
  • 3DC — 3DC develops and manufactures a new carbon material, graphene meso sponge (GMS), for electrodes in next-generation batteries, capacitors, fuel cells and other energy storage and generation devices.
  • Stream Captain — Captain.tv makes games for streamers to play live with their viewers! Streamers are the hosts, and viewers play alongside them and each other live on sites like Twitch!
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Futuregrowth Asset Management
VC Fund · Cape Town, NA - South Africa, South Africa · 1 investments in South Africa Mobile Apps startups

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

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Investment focus

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

Investor stats

  • Total investments: 18
  • Round size: Seed $1.9M–$5.3M; Series B $3.8M–$16M
  • Lead/follow: 72% lead, 28% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Flow — Flow enables automated social media advertising for the real estate industry, providing high volumes of quality property leads and brand building.
  • hearX Group — hearX is an award-winning start-up with the mission of providing affordable access to hearing healthcare using smart digital solutions. With a strong research and engineering background, we aim to democratize and decentralize hearing care, obliterating the traditional audiology model and market, which was never built to scale, instead providinghearing care to millions by leveraging our smart tech, big data and artificial intelligence expertise.The hearX Group four categories of solutions: Lead Generation and Remote Care solutions, Clinical solutions, Preventative Solutions as well as Direct to Consumer intervention solutions.We have had more than 1 000 000 tests and screenings done using our products across 39 countries. Our innovative solutions are as accurate, but faster, cheaper and easier to use than traditional methods. We pride ourselves in offering a fully managed service, providing an entirely new way to overcome traditional barriers to the detection and diagnosis of disabling hearing loss.
  • Inseco — Sustainable insect protein producers, converting organic by-products into nutritious protein. This high in protein product is used in animal feed, pet food, crop production, cosmetics and pharmaceuticals.
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Ingressive Capital
VC Fund · Lagos, Lagos, Nigeria · 1 investments in South Africa Mobile Apps startups

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

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Investment focus

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

Investor stats

  • Total investments: 70
  • Round size: Seed $400k–$4.5M; Pre-Seed $25k–$2.1M; Series A $10M–$15M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: Likely still investing — raised $5M in 2023

Portfolio highlights

  • Nowlun — Search for cheap & fast freight prices from all shipping lines.
  • REasy — Top up locally, pay suppliers globally, and manage international shipments with REasy. Fast, secure, and designed for African businesses expanding worldwide.
  • Complete Farmer — Complete Farmer connects growers, buyers, and vendors with technology, support, and market access across Ghana and beyond.
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Sphere Holdings
VC Fund · Sandston, Virginia, United States · 1 investments in South Africa Mobile Apps startups

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

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Investment focus

  • Industry: Software, Web Apps, Health Care
  • Stage:Series A
  • Geography: South Africa

Investor stats

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

Portfolio highlights

  • hearX Group — hearX is an award-winning start-up with the mission of providing affordable access to hearing healthcare using smart digital solutions. With a strong research and engineering background, we aim to democratize and decentralize hearing care, obliterating the traditional audiology model and market, which was never built to scale, instead providinghearing care to millions by leveraging our smart tech, big data and artificial intelligence expertise.The hearX Group four categories of solutions: Lead Generation and Remote Care solutions, Clinical solutions, Preventative Solutions as well as Direct to Consumer intervention solutions.We have had more than 1 000 000 tests and screenings done using our products across 39 countries. Our innovative solutions are as accurate, but faster, cheaper and easier to use than traditional methods. We pride ourselves in offering a fully managed service, providing an entirely new way to overcome traditional barriers to the detection and diagnosis of disabling hearing loss.
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Omidyar Network
VC Fund · Redwood City, California, United States · 1 investments in South Africa Mobile Apps startups

Omidyar Network is a philanthropy whose mission is to bend the arc of the digital revolution toward shared power, prosperity, and possibility.

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Investment focus

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

Investor stats

  • Total investments: 237
  • Round size: Seed $700k–$3.7M; Series A $2.5M–$15M; Series B $4.8M–$34M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • Dailyhunt — Dailyhunt offers personalized news in 14 Indian languages. Stay updated with the latest in news, cricket, football, viral content, entertainment, technology, travel, politics, business, lifestyle, and more. Available on Android, iOS, and the web.
  • SafeTraces — Delivering veriDART, the first field diagnostic platform leveraging aerosol tracers that safely simulate airborne pathogen mobility and exposure levels.
  • Handshake — The largest expert network for learning, earning, and growing careers in the AI economy, giving everyone an accessible first step into an AI-powered career.
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Avenir
VC Fund · New York, New York, United States · 1 investments in South Africa Mobile Apps startups

A future-focused growth equity firm backing category-defining companies.

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Investment focus

  • Industry: Software, FinTech, E-Commerce
  • Stage:Series B, Series C, Series A
  • Geography: United States, India, France

Investor stats

  • Total investments: 69
  • Round size: Series A $18M–$50M; Series B $30M–$125M; Series C $50M–$200M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Sigma Computing — Sigma is the only BI analytics tool purpose-built for your cloud data warehouse. Uniquely scalable, with an experience you already know: the spreadsheet.
  • Sublime Security — Sublime lets you write, run, and share rules to block phishing attacks, hunt for threats, and more.
  • Solana Company
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CIG Spectrum Capital
VC Fund · 1 investments in South Africa Mobile Apps startups

CIG Spectrum is an investment firm.

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Investment focus

  • Industry: Gaming, Farming, Blockchain
  • Stage:Seed, Series A
  • Geography: Singapore, United States

Investor stats

  • Total investments: 6
  • Round size: Seed $2.5M–$20M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Uviquity — Uviquity is a firm that wants to encourage safety for their clients. The company is based in Raleigh, North Carolina, in the United States.
  • Judi Health — Capital Rx is a health technology company that engages in managing pharmacy benefit plans. The company is redefining the way prescriptions are priced and administered in the U.S. Through its Clearinghouse Model, it unlocks the pharmacy supply chain and reduces prescription costs for employer groups. By establishing a competitive marketplace fordrug pricing, Capital Rx focuses its resources on deploying actionable strategies that improve plan performance and patient outcomes.
  • Oasys — The Dedicated Gaming Blockchain. Oasys is an eco-friendly blockchain built for the gaming community, offering the best user experience with fast transactions and zero gas fees.
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Google
VC Fund · Mountain View, California, United States · 1 investments in South Africa Mobile Apps startups

Google provides the Android operating system, the Chrome web browser, and a search engine to support global connectivity. Its software suite includes productivity tools such as Gmail, Docs, and Calendar, alongside media platforms like YouTube and Google Play. The firm designs hardware, including the Pixel line of smartphones, tablets, and wearabledevices integrated with Wear OS. Through its research divisions, the company creates generative models and tools such as Gemini 3.1 and Veo 3.1 for image creation, video generation, and conversational assistance. Current features include Agentic Vision for visual reasoning and Personal Intelligence, which utilizes Google Photos for contextual content creation.

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Investment focus

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

Investor stats

  • Total investments: 268
  • Round size: Seed $400k–$10M; Grant $50k–$13M
  • Lead/follow: 51% lead, 49% follow

Portfolio highlights

  • TAE Technologies — TAE Technologies is leveraging proprietary science and engineering to tackle the world’s biggest challenges. Their core mission is to create a new source of clean energy – one that’s powered by nature’s own processes and produces no harmful byproducts. Their groundbreaking work has led to industry-wide advances in accelerator and plasma physics,and acted as a catalyst for adjacent innovations based on their results. With 20 years of focused research, TAE Technologies is on a purposeful path to commercial fusion energy and pioneering sustainable solutions for a better tomorrow.
  • ChicBear Boutique — A Style For Every Story • ChicBear Boutique True Style Is Unique • ChicBear Line
  • Commonwealth Fusion Systems — The fastest path to clean, limitless fusion energy.
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Knife Capital
VC Fund · Cape Town, NA - South Africa, South Africa · 1 investments in South Africa Mobile Apps 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, Education, Manufacturing
  • Stage:Series A, Seed
  • Geography: South Africa, United States, Kenya

Investor stats

  • Total investments: 31
  • Round size: Series A $2M–$30M
  • Lead/follow: 71% lead, 29% follow
  • Last fund: May invest from a new fund soon — raised $10M in 2021

Portfolio highlights

  • d6 — SCHOOLS Schools Communication Platforms and School Management Software COMMUNITIES Community & Internal Business Communication Platforms MEDIA Let your brand be seen Advertise on
  • DataProphet — DataProphet offers production intelligence solutions for manufacturers. By combining human ingenuity with production data, we supercharge manufacturing excellence. Explore our Connect platform and expert services, trusted by industry leaders.
  • Stone Three Venture Technology — We combine expert services with the power of machine learning to help our customers increase their productivity and safety.
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Industrial Development Corporation
VC Fund · Sandown, NA - South Africa, South Africa · 1 investments in South Africa Mobile Apps startups

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

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Investment focus

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

Investor stats

  • Total investments: 19
  • Round size: Series A $6M–$26M; Post-IPO Debt $1.1M–$49M; Debt Financing $30M–$315M
  • Lead/follow: 53% lead, 47% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

  • Ann-Connect — Ann-Connect is an EdTech SaaS for learning, teaching, exams and assessments rolled into an all-in-one education platform.Founded in 2021 by Bonginkosi Mabaso, Nexa was born from a real problem: students missing exams and learning opportunities because of unreliable internet. Our mission is simple: make online education accessible to everystudent, regardless of connectivity or background. Today, Nexa is trusted by universities, training institutions, and professional bodies across South Africa, with partnerships that give access to more than 450,000 learners. One workspace. All your education tools: - Nexa ExamCore: Offline exam tool where students can access, write, and submit online exams even without internet. - Nexa Invigilator: Invigilation tool designed to monitor for online exams. - Nexa Invigilator Venue-based – Proctoring for physical/venue-based exams for schools, corporates & teams. - Nexa Room – Low-bandwidth video conferencing just like MS Teams but designed for teaching and learning, with AI-driven student engagement tracking. - Integrations – Seamless connection with Learning Management Systems (LMS), plagiarism checkers, and other education tools — all in one place. Recognised with awards from TIA, ABSA, and the Royal Academy of Engineering (UK), Nexa is shaping the future of global education by making it inclusive, resilient, and accessible everywhere. Ready to experience THE platform for inclusive learning? Visit ann-connect.com and join us in building education without limits.
  • Minbos Resources — Minbos has to build a nutrient supply and distribution business that stimulates agricultural production and promotes food security. They provide nutrient supply and distribution business that stimulates agricultural production and promotes food security.
  • Theta Gold Mines — Theta Gold Mines is an Australian Securities Exchange listed company. Through it’s controlling subsidiaries in the Republic of South Africa, TGM currently controls 62,000 hectares of gold Mining and Prospecting Rights which covers the majority of the Transvaal gold fields approximately 350km East of Johannesburg. The Project is named TGME GoldProject which currently has 5.8Moz of a combination of underground/open-cut gold resources.
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Wuri Ventures
VC Fund · Dakar, Dakar, Senegal · 1 investments in South Africa Mobile Apps startups

Wuri Ventures focuses on innovating the spectrum between market-based solutions and pure public goods. It realizes that much successful innovation in Africa has occurred in this space, where innovation around market failures such as information asymmetry (data), fragmentation (platforms) and public goods (electricity, mobility) can solve previouslyintractable problems. Its unique mathematical properties, from cellular automata and emergence to numerical methods, studied by researchers, links ancient African culture to modern technology. It supports world-class entrepreneurs in solving Africa’s biggest challenges using innovation.

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Investment focus

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

Investor stats

  • Total investments: 18
  • Round size: Seed $634k–$13M; Pre-Seed $500k–$1M; Series A $15M–$30M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Kwely — Kwely is a dynamic and fast-growing startup. We are always looking for passionate, dynamic, fun and hard-working individuals to join our team.
  • Cauri Money — Collect funds locally in EUR and GBP and settle in hard currency via SWIFT. Infrastructure designed for banks in emerging markets.
  • Fig Finance — We're closing the credit gap. We connect global and local lenders, with the strongest emerging market businesses.
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Andreessen Horowitz
VC Fund · Menlo Park, California, United States · 1 investments in South Africa Mobile Apps startups

Andreessen Horowitz (a16z) is a venture capital firm in Silicon Valley, California, investing in bold founders, innovators, and entrepreneurs building the future through technology.

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Investment focus

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

Investor stats

  • Total investments: 1608
  • Round size: Seed $1.5M–$15M; Series A $9M–$52M; Series B $16M–$107M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Slack — Slack is a global collaboration hub that makes people’s working lives simpler, more pleasant, and more productive. From global Fortune 100 companies to corner markets, businesses, and teams of every kind use Slack to bring the right people together with all the right information. Slack is headquartered in San Francisco California and has nineoffices around the world.
  • Wiz — Organizations of all sizes and industries use Wiz to rapidly identify and remove the most critical risks in AWS, Azure, GCP, and Kubernetes so they can build faster and more securely.
  • Setpoint.io — Originators, Asset Managers and Lenders use Setpoint's technology and capital to power asset-backed transactions.
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Harambeans
VC Fund · 1 investments in South Africa Mobile Apps startups

Harambeans are African innovators who have pledged to “work together as one” to build Africa’s future. Over the last decade, Harambeans has spawned a series of tech-enabled ventures such as Andela, Flutterwave, and Yoco, which have collectively generated over 3000 jobs, and raised over $700m from Google Ventures, CRE Ventures and Accel.

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Investment focus

  • Industry: Information Technology, B2B, Big Data
  • Stage:Seed, Angel
  • Geography: Nigeria, Kenya, Morocco

Investor stats

  • Total investments: 10
  • Round size: Seed $100k–$3.1M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Releaf Earth — We are industrializing food processing in Africa. We've led 1000+ smallholder farmers to provide food factories with >7.5 million kilograms of quality crops.
  • ZSystems — ZSystems is a transformative super app designed to redefine B2B trade.
  • MarketForce — MarketForce connects Africa’s informal retail outlets and consumers directly to suppliers of consumer goods and financial services by digitizing orders, delivery, and payments with the aim of solving the last mile distribution challenge.
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Virgin Group
VC Fund · London, England, United Kingdom · 1 investments in South Africa Mobile Apps startups

Learn about the Virgin Group, the home of Virgin, supporting the Branson family and growing of the brand by developing and nurturing valuable Virgin businesses.

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Investment focus

  • Industry: Software, E-Commerce, Mobile
  • Stage:Series A, Series B
  • Geography: United States, United Kingdom, Germany

Investor stats

  • Total investments: 57
  • Round size: Series A $5M–$50M; Series B $14M–$92M
  • Lead/follow: 12% lead, 88% follow

Portfolio highlights

  • OOVA — OOVA is a fertility diagnostic company that spun out from Mount Sinai Hospital in New York City. Using patent pending biochemistry and artificial intelligence, OOVA learns a woman’s fertility profile by accurately measuring key hormones over time through daily urine samples. By monitoring this critical balance of hormones, OOVA can help a woman getpregnant, identify reasons she is having trouble getting pregnant, and even expose reproductive health issues like PCOS.
  • Lightyear — Lightyear is a simple and approachable way to invest your money globally without unnecessary barriers and fees.
  • Virgin Voyages — Ahoy Sailor! Welcome to Virgin Voyages: our adult only cruise ships redefine luxury cruise vacations to the Caribbean, Mediterranean, Europe, and beyond.
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Investment One
VC Fund · Lagos, Lagos, Nigeria · 1 investments in South Africa Mobile Apps startups

Investment One is a financial firm that provides fund management, stockbroking, venture capital, pension and consulting services.

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Investment focus

  • Industry: FinTech, Payments, Mobile Apps
  • Stage:Series A
  • Geography: South Africa

Investor stats

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

Portfolio highlights

  • PayCode Inc — Paycode - Financial Inclusion. We are a B2B technology provider with a unique digital payments platform, providing Last Mile solutions to the unbanked and undeserved.
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Mobile Apps VC funding in South Africa at a glance

Stats across 44 deals from 65 investors.

65
investors
in South Africa Mobile Apps startups
44
deals
in South Africa Mobile Apps startups
$1.1M
median round
in South Africa Mobile Apps startups
48%
lead investors
lead at least one round
32%
Seed
most common funding stage

Access all 65 VC funds in South Africa Mobile Apps startups.

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