# CoVentures

> CoVentures is a VC fund in Cape Town backing Software, E-Commerce and Consumer Goods. See 10 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Cape Town, South Africa
- Total investments: 10
- Last investment: Dec 2024
- Lead investor: 20%
- Last fund: Aug 2016
- Last updated: Aug 2026
- X (Twitter): https://twitter.com/Co_Ventures
- Website: http://co.ventures

CoVentures is a VC fund in Cape Town focused on Software and E-Commerce. At CoVentures, Tech Startups are our forte and our objective is to share our expertise with founders / entrepreneurs who believe that they have an idea or company worth sharing with the world.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $200k–$15M |
| Pre-Seed | $200k–$2.2M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 3 | 30% |
| E-Commerce | 2 | 20% |
| Consumer Goods | 2 | 20% |
| Brand Marketing | 2 | 20% |
| SaaS | 1 | 10% |

18 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 4 | 40% |
| Pre-Seed | 4 | 40% |
| Series A | 1 | 10% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Australia | 2 | 20% |
| United States | 2 | 20% |
| Mexico | 1 | 10% |
| Nigeria | 1 | 10% |
| New Zealand | 1 | 10% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Freckle | Freckle offers a data enrichment and research platform for non-technical users. | $1.9M | Pre-Seed | Dec 02, 2024 |  |
| Lava | Zipr is a video-first fashion app that will allow brands and users to sell their clothing, while targeting the correct consumers. | $3.2M | Seed | Jan 10, 2024 |  |
| Phantm | Phantm is a regenerative company that replaces plastic by designing products using PHA materials to make the planet plastic-free. | $1.3M | Seed | Nov 08, 2023 |  |
| Cotiss | We're building the world's easiest to use, end-to-end procurement software, specifically built for small and medium procurement teams. We instill guided, best practice processes into organisations through an easy to implement, integrated, single solution. | $2.2M | Pre-Seed | May 15, 2023 |  |
| Modo | Modo is a mindful productivity platform that enables overburdened and overwhelmed people to be present and focused on what matters. The company's software tool employs psychology, behavioral science, and user experience methodologies to help clients organize their ideas and discover clarity in the midst of daily living, resulting in long-termadvantages in both productivity and mental health.Modo was established in 2022 in Naarm, Melbourne by Peter Haasz. | $502.1K | Pre-Seed | Oct 12, 2022 |  |
| Wonder brands | Wonder Brands is a Latin American startup specialized in partnering with successful digital brands to boost their growth. The implementation of its strategy is achieved by injecting into associated companies a significant investment to exponentially increase working capital, marketing and equipment, as well as providing added value in the areas oftechnology, digital marketing, supply chain and administration. | $15M | Seed | Aug 12, 2021 |  |
| D1 Brands | D1 Brands is the Amazon FBA acquirer built by Amazon-native third-party sellers. The D1 Brands team, composed of experienced Amazon third-party sellers and experts in M&A, buys Amazon FBA brands in under 30 days and maintains an industry-leading 100% close rate. | $123M | Series A | Jul 30, 2021 |  |
| Awabah | Awabah is a digital pension platform that provides micro pension services. | $200K | Seed | Jul 01, 2021 |  |
| Awabah | Awabah is a digital pension platform that provides micro pension services. | $200K | Pre-Seed | Jul 01, 2021 |  |
| Wonder brands | Wonder Brands is a Latin American startup specialized in partnering with successful digital brands to boost their growth. The implementation of its strategy is achieved by injecting into associated companies a significant investment to exponentially increase working capital, marketing and equipment, as well as providing added value in the areas oftechnology, digital marketing, supply chain and administration. | $5M | Seed | Mar 26, 2021 |  |

10 of 10 investments shown.

## Co-investors
- [Alarko Ventures](https://shizune.co/investors/profile/alarko-ventures) — VC Fund, 2 deals together
- [Blackbird Ventures](https://shizune.co/investors/profile/blackbird-ventures-australia) — VC Fund, 2 deals together
- [Correlation Ventures](https://shizune.co/investors/profile/correlation-ventures) — VC Fund, 2 deals together
- [Crossbeam Venture Partners](https://shizune.co/investors/profile/crossbeam-venture-partners) — VC Fund, 2 deals together
- [Endeavor Catalyst](https://shizune.co/investors/profile/endeavor-catalyst) — VC Fund, 2 deals together
- [Global Founders Capital](https://shizune.co/investors/profile/global-founders-capital) — VC Fund, 2 deals together

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## FAQ

### What does CoVentures invest in?

CoVentures invests primarily in Software, E-Commerce and Consumer Goods startups, most often at Seed and Pre-Seed stage. Most of the 10 investments tracked by Shizune back companies in Australia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is CoVentures's check size?

CoVentures typically joins rounds of $200k–$15M at Seed and $200k–$2.2M at Pre-Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds CoVentures participates in.

### When did CoVentures last invest?

The most recent investment recorded for CoVentures closed in Dec 2024. Shizune tracks 10 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### 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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