A fund aimed at promoting the growth of small and medium enterprises in South Africa by providing access to funding.
South African VC exits show early signs of a maturing venture capital ecosystem
The SA SME Fund and Endeavor South Africa report that South African venture-backed scale-ups are generating successful exits. The broader analysis found that realised cash returns from South African venture capital exceeded invested capital, with returns ranging from 2.01x to 2.45x.
Aions Ventures backs South Africa’s climate-tech ambition with $6 million fund
Aions Ventures has launched Aions Seed Fund I with R100 million to support climate, energy, and water innovation startups. The firm believes the next billion-dollar startup in South Africa will emerge from sectors addressing climate and infrastructure challenges.
Endeavor SA Secures R190m to Fuel Growth of African Tech Startups
Endeavor South Africa raised R190 million for Harvest Fund III. The fund aims to invest in 135 selected tech companies.
New USD 17 M Seed Fund Aims to Bridge Funding Gap for South African Startups
Launch of a USD 17 million seed fund for South African startups Consortium includes SA SME Fund, DSI, TIA, and E Squared Investments
Consortium launches $17 million seed fund to support South African startups
Launch of a R300 million seed fund for tech startups in South Africa. The fund aims to provide early-stage capital funding to local startups.
