# Vumela Fund

> Vumela Fund is a VC fund in Hyde Park backing Education and Hospital. See 24 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Hyde Park, United Kingdom
- Total investments: 24
- Last investment: Jun 2026
- Lead investor: 83%
- Fund size: $14M
- Last fund: Jan 2015
- Last updated: Aug 2026
- Website: http://vumelafund.com

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.

## Contacts

5 contacts available for Vumela Fund. Shizune tracks 1 team members at Vumela Fund. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/vumela-fund?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $600k–$910k |
| Debt Financing | $854k–$1.4M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Education | 3 | 13% |
| Hospital | 2 | 8% |
| Software | 2 | 8% |
| E-Commerce | 2 | 8% |
| Health Care | 2 | 8% |

47 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 7 | 29% |
| Funding Round | 5 | 21% |
| Debt Financing | 4 | 17% |
| Series A | 2 | 8% |
| Venture - Series Unknown | 2 | 8% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| South Africa | 18 | 75% |
| Brazil | 1 | 4% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Heather Lowe | Co-Founder & Investment Committee Member | 0 | https://shizune.co/investors/profile/heather-lowe-deaa |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Breaze Delivery | Breaze Delivery is a mobile and web app for last-mile delivery services. | $1.2M |  | Jun 04, 2026 |  |
| Breaze Delivery | Breaze Delivery is a mobile and web app for last-mile delivery services. | $1.2M |  | Jun 04, 2026 |  |
| Mia Healthcare | Mia Healthcare is a Hospitals and Health Care firm offering dental services and orthodontic products. | $910K | Seed | May 22, 2026 |  |
| Mia Healthcare | Mia Healthcare is a Hospitals and Health Care firm offering dental services and orthodontic products. | $910K | Seed | May 22, 2026 |  |
| Everlectric | 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 | 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 | Kusini Water builds water treatment systems from nanotechnology and macadamia nut shells. |  | Seed | Dec 01, 2021 |  |
| Kombo King | 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 | 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 |  |
| Inoxico | 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 |  |

10 of 24 investments shown.

## Co-investors
- [Newtown Partners](https://shizune.co/investors/profile/newtown-partners) — VC Fund, 2 deals together
- [CRE Venture Capital](https://shizune.co/investors/profile/africa-angels-network) — VC Fund, 1 deal together
- [Alitheia IDF](https://shizune.co/investors/profile/alitheia-idf) — VC Fund, 1 deal together
- [Edge Growth](https://shizune.co/investors/profile/edge-growth) — VC Fund, 1 deal together
- [Michael & Susan Dell Foundation](https://shizune.co/investors/profile/michael-susan-dell-foundation) — VC Fund, 1 deal together
- [Omidyar Network](https://shizune.co/investors/profile/omidyar-network) — VC Fund, 1 deal together

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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 Funding Round stage. Most of the 24 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 and $854k–$1.4M at Debt Financing. 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 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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