# Mineworkers Investment

> Mineworkers Investment is a VC fund in Johannesburg backing Retail and FinTech. See 3 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Johannesburg, South Africa
- Total investments: 3
- Last investment: Nov 2023
- Lead investor: 33%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/mineworkers-investment-company
- Website: http://www.mic.co.za

Mineworkers Investment is a VC fund in Johannesburg focused on Retail and FinTech. Mineworkers Investment invest in long-term cash generative assets and making stage investments.

## Contacts

5 contacts available for Mineworkers Investment. Shizune tracks 5 team members at Mineworkers Investment. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/mineworkers-investment?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Retail | 1 | 33% |
| FinTech | 1 | 33% |
| InsurTech | 1 | 33% |
| Insurance | 1 | 33% |
| Wholesale | 1 | 33% |

11 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 1 | 33% |
| Series B | 1 | 33% |
| Private Equity | 1 | 33% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Nchaupe Khaole | Chief Investment Officer | 2 | https://shizune.co/investors/profile/nchaupe-khaole |
| Cynthia Nomsa Pongweni | Financial Director and Executive Director | 0 | https://shizune.co/investors/profile/cynthia-nomsa-pongweni |
| Mary Sina Bomela | Chief Executive Officer | 0 | https://shizune.co/investors/profile/mary-sina-bomela |
| Oren Fuchs | Senior Stakeholder Manager | 0 | https://shizune.co/investors/profile/oren-fuchs |
| Simphiwe Nanise | COO & Non-Executive Director | 0 | https://shizune.co/investors/profile/simphiwe-nanise |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Pineapple | In short, Pineapple see the traditional insurance model, user journey and products as lacking and set out to remedy these by doing the following: 1) Changing the business model to align incentives, show people how premiums are used and award members leftover premium back 2) Making insuring as easy as snapping a picture where AI does the rest andcover is issued in under 60 seconds 3) Allowing per-item insurance and new product innovation to address cover not currently offered or accessible to manyPineapple launched in South Africa in 2018 with their "My Stuff" per-item insurance and have since launched their auto offering "My Ride". They have also partnered with Travelers in the US and have white-labeled their platform in the US. | $21.9M | Series B | Nov 14, 2023 |  |
| Rentoza | Rentoza is a subscription-based online electronics and appliance store. Rentoza makes critical technology accessible and affordable to users, particularly when traditional methods of purchasing technology are unavailable. Rentoza focuses on developing alternative methods of accessing devices that are essential in people's daily lives. | $1M | Seed | Dec 20, 2021 |  |
| UNIVERSAL INDUSTRIES | The group supplies equipment mainly to the food retail, wholesale, hospitality, manufacturing and related industries, i.e. supermarkets, bakeries, petrol station convenience stores, fast food outlets, restaurants, hotels, wholesalers, institutional, industrial and government kitchens, bottlers and brewers, refrigeration and catering contractors.Although Universal was only incorporated in 1996, the underlying businesses are all well established businesses (some with a history of more than 100 years) supplying a diverse range of blue chip clients in the local and international markets. The group has a number of production facilities and offices nationwide and employs 1400 people. |  | Private Equity |  |  |

3 of 3 investments shown.

## Co-investors
- [E4EAfrica](https://shizune.co/investors/profile/e4eafrica) — VC Fund, 1 deal together
- [Futuregrowth Asset Management](https://shizune.co/investors/profile/futuregrowth-asset-management) — VC Fund, 1 deal together
- [Lireas Holdings](https://shizune.co/investors/profile/lireas-holdings) — VC Fund, 1 deal together
- [Old Mutual Investment Group](https://shizune.co/investors/profile/old-mutual-investment-group) — VC Fund, 1 deal together
- [RMB Ventures](https://shizune.co/investors/profile/rmb-ventures) — VC Fund, 1 deal together
- [Talent Holdings](https://shizune.co/investors/profile/talent-holdings) — VC Fund, 1 deal together

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## Featured in investor lists
- [Consumer VC Funds in South Africa](https://shizune.co/investors/consumer-vc-funds-south-africa)

## FAQ

### What does Mineworkers Investment invest in?

Mineworkers Investment invests primarily in Retail, FinTech and InsurTech startups, most often at Seed and Series B stage. Most of the 3 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 Mineworkers Investment?

Public channels for Mineworkers Investment 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 Mineworkers Investment?

The team at Mineworkers Investment includes Nchaupe Khaole (Chief Investment Officer), Cynthia Nomsa Pongweni (Financial Director and Executive Director) and Mary Sina Bomela (Chief Executive Officer). 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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