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All posts by Simon Hartley: Memeburn Reporter

  • BetTech secures multi-million rand seed funding

    Software development startup BetTech Gaming has announced that it has secured a multi-million rand seed funding packet from South African venture capital firm, 4Di Capital. Founded in 2009, BetTech develops gaming software, the first of which is their sports book package which will be licensed through bet.co.za’s web and mobile interfaces. When asked what persuaded 4Di to invest in BetTech, 4Di Director Justin Stanford cited the "marriage of a great idea with a capable...

  • New SA crowd-source fund hits R1-million

    Crowdfund is the South African tech industry’s latest step toward fostering a culture of angel investment for online start ups in South Africa, and it’s taken off at rocket pace. After launching in March of this year, the fund has banded together 229 investors to raise a total of R1-million in capital for budding online start ups. After less than thirty days since its inception, Crowdfund is already primed to spark new entrepreneurial life in South Africa. The investors enthusiasm about Crowdfund  illustrates a wide-spread recognition that South Africa has the potential to become major player in the global tech industry if...

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