Vumela Fund
VC Fund
Hyde Park, United Kingdom
Vumela Fund is a VC fund in Hyde Park focused on Education and Hospital. 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.
- Total investments:
- 25
- Last investment:
- Lead investor:
- 80%
- Fund size:
- $20M
- Last fund:
Last updated:
For AI agents: llms.txt
Industries Vumela Fund invests in
Stages Vumela Fund invests in
Countries Vumela Fund invests in
Round sizes
Contacts
| Name | Phone | Socials | |
|---|---|---|---|
Round size
- Seed
- $600k–$910k
- Debt Financing
- $1.1M–$1.7M
- Venture - Series Unknown
- $500k–$1M
Investment Focus
Industry
- Education 3 (12%)
- Hospital 2 (8%)
- Software 2 (8%)
- E-Commerce 2 (8%)
- Health Care 2 (8%)
Stage
- Seed 7 (28%)
- Debt Financing 4 (16%)
- Venture - Series Unknown 4 (16%)
- Series A 3 (12%)
- Funding Round 3 (12%)
Country
- South Africa 18 (72%)
- Brazil 1 (4%)
Team
| Name | Title | Investments | Links | |
|---|---|---|---|---|
Heather Lowe
Co-Founder & Investment Committee Member
|
Co-Founder & Investment Committee Member | Total investments: 0 | Find email |
Investments
| Company | Description | Round | Links |
|---|---|---|---|
| Breaze Delivery is a mobile and web app for last-mile delivery services. | $1.2M / Jun 04, 2026 | ||
| Mia Healthcare is a Hospitals and Health Care firm offering dental services and orthodontic products. | $910K / Seed / May 22, 2026 | ||
| Everlectric offers commercial electric vehicles and EV components to transportation industry organizations, as well as EV financing solutions to reduce barriers to EV adoption for customers. | Debt Financing / Mar 09, 2025 | ||
| 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. | $6M / Series A / Aug 31, 2023 | ||
| Kusini Water builds water treatment systems from nanotechnology and macadamia nut shells. | Seed / Dec 01, 2021 | ||
| Kombo King is a South African kitchen equipment supplier and provides ventless fryer technology to the fried food niche market. | $500K / Venture - Series Unknown / May 07, 2021 | ||
| Inoxico they focuses on trade credit analytics. Their solution provides credit limit decisions and focuses on improving and increasing trade credit profitability with clients. | $670.4K / Venture - Series Unknown / Mar 02, 2021 | ||
| Letsema provides a wide range of management consulting and advisory services to the public and private sector in the country. | Debt Financing / Nov 13, 2020 | ||
| Sea Monster creates digital content and experiences using animation, games, and augmented reality. Its aim is to build brands, drive learning and communication outcomes, and to entertain. Its team is comprised of 2D animators, game specialists, and augmented reality developers.Sea Monster was launched in 2011 and is based in Cape Town, SouthAfrica. | $1M / Venture - Series Unknown / Jul 16, 2020 | ||
| ProfitShare Partners utilises tech to fast-track SME performance and delivery through its profit-sharing business model. ProfitShare Partners financially partners on transactions with SMEs to deliver successfully on their orders and contracts with reputable organisations, allowing them to access bigger business and grow exponentially in shortperiods of time. | $1.7M / Debt Financing / Nov 05, 2019 | ||
| See all 25 investments → | |||
Co-Investors
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FAQ
What does Vumela Fund invest in?
Vumela Fund invests primarily in Education, Hospital and Software startups, most often at Seed and Debt Financing stage. Most of the 25 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 Vumela Fund's check size?
Vumela Fund typically joins rounds of $600k–$910k at Seed, $1.1M–$1.7M at Debt Financing and $500k–$1M at Venture - Series Unknown. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Vumela Fund participates in.
How do I contact Vumela Fund?
Public channels for Vumela Fund include 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 Vumela Fund?
The team at Vumela Fund includes Heather Lowe (Co-Founder & Investment Committee Member). 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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