# Alphawave Group

> Alphawave Group is a VC fund backing Artificial Intelligence and Software. See 16 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Stellenbosch, South Africa
- Total investments: 16
- Last investment: May 2024
- Lead investor: 56%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/alphawave.co.za
- Website: https://www.alphawave.co.za/

Alphawave Group is a VC fund in Stellenbosch focused on Artificial Intelligence and Software. Alphawave is an established technology investment group, enabling the best in their field to build successful businesses.The Group has a unique approach to investment, focused on aligning and supporting the right people to find commercial ideas based on their individual field of expertise. Profits and experience are shared from the profitablebusinesses to grow the incubation and scaling businesses.The Group has a track record of expanding internationally, with over 50% of companies selling abroad. The portfolio comprises of 16 innovative tech businesses, over 375 employees and more than 175 engineers and developers.

## Contacts

5 contacts available for Alphawave Group. Shizune tracks 2 team members at Alphawave Group. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/alphawave-group?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Artificial Intelligence | 5 | 31% |
| Software | 4 | 25% |
| Mobile Apps | 3 | 19% |
| Internet | 2 | 13% |
| Machine Learning | 2 | 13% |

29 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 8 | 50% |
| Series A | 2 | 13% |
| Pre-Seed | 1 | 6% |
| Series F | 1 | 6% |
| Series H | 1 | 6% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| South Africa | 8 | 50% |
| India | 2 | 13% |
| United States | 2 | 13% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Frans Meyer | Group CEO | 0 | — |
| SJ Marais | Co-founder and CEO | 0 | — |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Play AI | Play AI operates as a modular chain for AI in gaming. | $4.3M | Seed | May 29, 2024 |  |
| Callbi | Callbi is a provider of a cloud-based Software-as-a-Service speech analytics solution for contact centers. Its software monitors and analyzes customer calls, ensures compliance, sales or collection effectiveness, and operational efficiencies that help organizations maximize revenue and improve efficiency and effectiveness. |  | Series A | Apr 30, 2024 |  |
| Hawktivity | Hawktivity manufactures computer vision sensors to provide real-time feedback on workers' and customers' behavior. It specializes in using technology to interpret and understand visual information from images and videos. It revolutionizes productivity and customer service with AI and builds computer vision sensors that measure humanactions and are used across different industries to deliver real-time insights on the productivity of workers and the behavior of customers. |  | Seed | Jan 01, 2024 |  |
| ByteFuse | ByteFuse is a provider of AI-based research and development services. It provides APIs and deployment infrastructure that enable rapid prototyping, minimize the cost of development cycles, provide multimedia recommendations, transport solutions, metadata extraction, a universal encoder, and optimize models. |  | Seed | Jan 01, 2023 |  |
| indiagold | Indiagold provides gold loans and secure gold locker services. | $10M | Series A | Sep 09, 2022 |  |
| Callbi | Callbi is a provider of a cloud-based Software-as-a-Service speech analytics solution for contact centers. Its software monitors and analyzes customer calls, ensures compliance, sales or collection effectiveness, and operational efficiencies that help organizations maximize revenue and improve efficiency and effectiveness. |  | Seed | Jan 01, 2022 |  |
| Cerebras Systems | Cerebras Systems is a startup backed by premier venture capitalists and the industry’s most successful technologists. They are serially successful entrepreneurs dedicated to solving problems others are afraid to tackle. They value integrity, passion, real world problem solving ability, and a sense of humor. | $250M | Series F | Nov 10, 2021 |  |
| VerSe Innovation | VerSe Innovation is a local language technology company that develops a discovery platform to consume and socialize with media. Its platform facilitates the curation of content and tracks user preferences through its vertical search and recommendation tools that provide users with personalized content and notifications. | $100M | Series H | Dec 22, 2020 |  |
| Skynamo | Skynamo is the field sales app used by manufacturers, wholesalers, and distributors with field sales teams who sell to an existing customer base. The company helps change the sales conversation between managers and their teams from one based on fear and uncertainty to one based on transparency and trust. Through its transparency and trust, managersare transformed from micro-managers to coaches and sales representatives are transformed from order takers to value-adding consultants to their customers.It increases sales efficiency with tools and data analytics to support effective planning, management, and decision-making. Its key features include remote submission of orders, automation of administrative tasks, and capturing of customer interactions on mobile devices.Skynamo was founded in 2012 and is headquartered in Stellenbosch, Cape Town, South Africa. | $30M | Series A | Jan 21, 2020 |  |
| Neurozone | Neurozone provides neuroscience, leadership, thriving, innovation, resilience, brain performance, analytics, high performance habits, coaching certification, preventing burnout, people insights, data science, data driven solutions, and analytics. |  | Seed | Jan 01, 2020 |  |

10 of 16 investments shown.

## Co-investors
- [3one4 Capital](https://shizune.co/investors/profile/3one4) — VC Fund, 1 deal together
- [Abu Dhabi Growth Fund](https://shizune.co/investors/profile/abu-dhabi-growth-fund) — VC Fund, 1 deal together
- [Alpha Wave Global](https://shizune.co/investors/profile/alpha-wave-global) — VC Fund, 1 deal together
- [Alpha Wave Ventures](https://shizune.co/investors/profile/alpha-wave-ventures) — VC Fund, 1 deal together
- [Altimeter Capital](https://shizune.co/investors/profile/altimeter-capital) — VC Fund, 1 deal together
- [Azure Ventures Group](https://shizune.co/investors/profile/azure-ventures-group) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does Alphawave Group invest in?

Alphawave Group invests primarily in Artificial Intelligence, Software and Mobile Apps startups, most often at Seed and Series A stage. Most of the 16 investments tracked by Shizune back companies in South Africa. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Alphawave Group?

Public channels for Alphawave Group include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Alphawave Group?

The team at Alphawave Group includes Frans Meyer (Group CEO) and SJ Marais (Co-founder and CEO). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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