# Heather Lowe

> Heather Lowe is a startup investor at Vumela Fund. See 0 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Vumela Fund](https://shizune.co/investors/profile/vumela-fund)
- Last updated: Aug 2026

Heather Lowe is a startup investor at Vumela Fund. Diploma in Technology and Innovation, the Da Vinci Institute Heather started and manages Enterprise Development for FirstRand, and, together with Edge Growth, established the Vumela Enterprise Development Fund. She works with Edge to manage Vumela on the deployment and post investment sides of the business, as well as playing a critical stakeholdermanagement role.Heather has been in the banking industry for 20 years, working in retail and commercial banking, product development, fund management and enterprise and supplier development. She has extensive knowledge of the SME ecosystem and experience in debt financing, traditional bank financing products, sales and governance in the deal-making process.Heather was selected as one of 30 women from all of South Africa’s banking groups to participate in the first Bankseta Womens’ Development Programme. She is the media spokesperson on SME development, job creation and ESD for FNB, and is responsible for FirstRand’s Enterprise and Supplier Development strategy development and implementation.

## About Vumela Fund

VC Fund · Hyde Park, United Kingdom

Vumela was established in 2009 by FNB Business Banking and Edge Growth. The objective was to create an innovative model for the development of a sustainable and a financially and operationally independent investment business which invests in high growth small, medium and micro size enterprises with good economic and impact returns.Vumela wascapitalised in 2010. Within the first four years, we’d invested R90 million into eight high growth SMEs, and created a total of 400 jobs. They launched their second fund in 2015, after a further investment of R100 million from FirstRand and R127 million from the Jobs Fund. Within the first year of launching this second fund, we’ve committed R43 million to five investments that are expected to create over 1800 new jobs.The first fund of its kind in South Africa, Vumela’s main goals are to invest in and develop entrepreneurial companies in order to help alleviate poverty in South Africa by creating jobs, and to generate a return for its beneficiaries: the Shalamuka Foundation and the FirstRand Group.

1 contacts available at Vumela Fund.

| Name | Title | Profile |
| --- | --- | --- |
| Heather Lowe | Co-Founder & Investment Committee Member | https://shizune.co/investors/profile/heather-lowe-deaa |

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