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MultiChoice, VC Fund

MultiChoice

VC Fund

Randburg, South Africa

MultiChoice is a VC fund in Randburg focused on CRM and Apps. MultiChoice South Africa's activities involve the operation of Pay-Television and internet subscriber platforms. The MultiChoice South Africa group includes the digital satellite Pay-Television business ("DStv"), which has been in operation since 1995.

Total investments:
8
Last investment:
Lead investor:
88%

Last updated:

Industries MultiChoice invests in

CRMAppsGamingSportsInternet

Stages MultiChoice invests in

Corporate RoundSeries ADebt Financing

Countries MultiChoice invests in

South AfricaNigeriaCzech RepublicUnited Arab Emirates

Round sizes

Series A $4M–$22MCorporate Round $27M–$282M

Contacts

NameEmailPhoneSocials
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Round size

Series A
$4M–$22M
Corporate Round
$27M–$282M

Investment Focus

Industry

  • CRM 1 (13%)
  • Apps 1 (13%)
  • Gaming 1 (13%)
  • Sports 1 (13%)
  • Internet 1 (13%)
See all 19 industries →

Stage

  • Corporate Round 3 (38%)
  • Series A 2 (25%)
  • Debt Financing 1 (13%)

Country

  • South Africa 3 (38%)
  • Nigeria 1 (13%)
  • Czech Republic 1 (13%)
  • United Arab Emirates 1 (13%)

Team

NameTitleInvestmentsLinksEmail
Aynon Doyle
Aynon Doyle Vice President Regulatory Compliance
Vice President Regulatory Compliance Total investments: 0 Find email
Busola Tejumola
Busola Tejumola Executive Head of General Entertainment Channels
Executive Head of General Entertainment Channels Total investments: 0 Find email
Calvo Mawela
Calvo Mawela Group CEO
Group CEO Total investments: 0 Find email
Gerdus van Eeden
Gerdus van Eeden Group CTO
Group CTO Total investments: 0 Find email
Julian Ankiah
Julian Ankiah HOD: Media Systems Engineering
HOD: Media Systems Engineering Total investments: 0 Find email
See all 8 team members →

Investments

CompanyDescriptionRoundLinks
Africa is entering a transformative period of economic and technological growth driven by rapid digital adoption, expanding mobile connectivity, and a young, increasingly connected population. With approximately 1.5 billion people and one of the world’s fastest-growing youth demographics, the continent is experiencing a significant shift towardelectronic payments, mobile-first services, and broader digital transformation.Although widespread internet access and traditional banking infrastructure developed later in many African markets compared to other regions, this delayed adoption has accelerated innovation in mobile technology and financial services. Mobile money platforms, digital banking solutions, fintech ecosystems, and e-commerce adoption are reshaping how consumers and businesses interact across the continent.This youth-driven wave of innovation is creating substantial opportunities in sectors such as fintech, telecommunications, logistics, e-commerce, renewable energy, education technology, and digital services. Both global corporations and emerging local enterprises are actively investing in Africa’s rapidly evolving digital economy, competing to unlock new markets and address underserved populations.The continent’s ongoing transformation is expected to play a major role in global economic growth over the next two decades, positioning Africa as a significant center for innovation, entrepreneurship, and digital commerce. $22M / Series A / Aug 04, 2026
Botlhale AI allows to build, train, test, and deploy multilingual conversational AI. Botlhale AI is a research and innovation start-up that specializes in conversational AI. Computer systems have become an integral part of everyday lives and as a result, natural spoken language is the desired form of human-computer interaction. Corporate Round / Jun 26, 2024
Showmax provides internet TV services. They also provide web series, kids shows, and live sports shows, They provide app features for smart TVs, smartphones, tablets, computers, media players, and gaming consoles. $148.4M / Corporate Round / Mar 31, 2024
Showmax provides internet TV services. They also provide web series, kids shows, and live sports shows, They provide app features for smart TVs, smartphones, tablets, computers, media players, and gaming consoles. $26.7M / Corporate Round / Nov 10, 2023
Michanic provides car service and car repair booking services. They also provide mobile mechanics advantage, car inspections, brake pads replacement, minor service, engine overhaul, and computer diagnostics services. $400K / Debt Financing / Jul 29, 2022
A South African cloud-based security and safety startup . $4M / Series A / Nov 16, 2021
KingMakers is a sports and digital entertainment platform company that uses modern technology. $281.5M / Corporate Round / Jun 11, 2021
KingMakers is a sports and digital entertainment platform company that uses modern technology. $83.8M / Corporate Round / Nov 13, 2020

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FAQ

What does MultiChoice invest in?

MultiChoice invests primarily in CRM, Apps and Gaming startups, most often at Corporate Round and Series A stage. Most of the 8 investments tracked by Shizune back companies in South Africa. The Investment Focus section breaks down every industry, stage and country in the portfolio.

What is MultiChoice's check size?

MultiChoice typically joins rounds of $4M–$22M at Series A and $27M–$282M at Corporate Round. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds MultiChoice participates in.

How do I contact MultiChoice?

Public channels for MultiChoice include LinkedIn, the website linked on this profile and Facebook. 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 MultiChoice?

The team at MultiChoice includes Aynon Doyle (Vice President Regulatory Compliance), Busola Tejumola (Executive Head of General Entertainment Channels) and Calvo Mawela (Group CEO), among 8 team members tracked by Shizune. 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 Sep 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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