• BURN MEDIA
    • Memeburn
      Tech-savvy insight and analysis
    • Gearburn
      Incisive reviews for the gadget obsessed
    • Motorburn
      Because cars are gadgets
    • Jobsburn
      Digital industry jobs for the anti 9 to 5!

Venture capital

  • Israeli VCs raised US$914-million in 2014, the most in six years

    Israel is, without doubt, one of the most exciting startup hotspots on the planet. If it's not the admiring government support, it's the succinct financial support being made available as this new findings come to show. A new report by IVC Research Online shows that the Venture Capital (VC) cookie jar got filled to the brim in 2014. Twelve VC firms managed to raise nearly US$1-billion with the average fund size of US$76-million which is an increase of 55%. These numbers, which are the highest the country has seen since 2008, are mostly due to four veteran Israeli VC funds --...

  • Africa gets its first billion dollar equity fund, courtesy of Helios

    London-based investment group Helios Investment Partners has created the first billion dollar plus Africa-focused private equity fund. The group, founded by Nigerian expats in 2004, operates a family of funds and their related co-investment entities, pursuing a full range of investment types, including business formations, growth equity investments, structured investments in listed entities and large scale leveraged acquisitions across Africa. According to CP-Africa, around 60% of the fund comes from existing investors. The fund shows just how much the African investment space has grown in the past few years and, if Helios co-founder Tope Lawani is to be believed, also...

  • Here are 3 top tips to help you secure that investment

    TSG Consumer Partners’ Senior Managing Director Hadley Mullin shared his magic steps to effectively raise funding for your startup and foster its expansion onward. He averred that the best time to start fundraising is when you have yet found the necessity of doing so. When money is the last thing founders look to think about, they tend to make much wiser and more rational calls. In contrast, those who are desperately in need of money tend to make rushy decisions, which result on a less engaging proposal for investors. Here are Mullin’s strategies: 1. Don’t underestimate the power of networking It’s just normal...

  • 11 of SA’s biggest (and most exciting) tech startup investments of 2014

    Money makes the world go round. And if you play your cards right, might just make your startup successful -- putting a smile on shareholders faces. In 2014, we saw a lot of money being moved around in South Africa's startup scene. So much so that we've decided to round up some of the investment rounds that really stood out to Ventureburn. From real estate, crowdsourced designs to a multi-million financial aid startup, these are some really exciting times. Nomanini One of South Africa's much-talked about startup success stories, prepaid voucher enabler Nomanini, has raised a fat R20-million in February...

  • African VC activity shows impressive spike in 2014

    It's been a good year for Africa's startups. In terms of investment activity at least, data from one of the world's most comprehensive startup databases, CrunchBase, shows that there's been a huge increase within the last year, highlighting confidence. With big investments from the likes of Naspers and Rocket Internet (or its African arm African Internet Group), the Nigerian ecommerce space makes up most of 2014's fourth quarter activity, amounting to US$193-million (over R2.2-billion)! Possibly gearing up for the end-of-year shopping season, in October Nigerian ecommerce player Konga announced it secured US$40-million from South Africa's Naspers. One month later, its competitor...

  • Just how badly does your startup need that investment?

    Quora raises millions (both dollars and questions). Facebook buys WhatsApp for billions. Uber gets another trillion in investment and is now "worth" a quintillion. Or a brazillion. Who knows? The news in the entrepreneurial scene, especially in tech, is usually loud and involves big numbers. It is so easy to get swept up in this frenzy that I've seen many a business builder spend more time at events than on making his or her own company something worthwhile. And goodness knows I've been there too. The main realisation is that most of the news is around the outliers, those who...

  • U-Start launches investment vehicle, will be worth €30-million in 2015

    Global Venture Capital initiative U-Start has recently rounded-off its 2014 conference series in Cape Town, South Africa, and announced further penetration to the Central and Eastern European region as well as the launch of U-Start Ventures -- its new investment vehicle to carry €30-million (over R418-million) by mid-2015. Apart from the conferences, the global boutique advisory firm is also responsible for the U-Start Club which is an international group of private investors which is aimed at sourcing investors’ money into the most perspective and carefully pre-selected and pre-qualified startups. U-Start believes that apart from the strong growth opportunities, emerging markets such as...

  • Amendments to Section 12J under the Income Tax Act welcomed by VCs

    Complex legal or financial regulations are all too often cited as South Africa's main obstacles for flourishing entrepreneurial activity. First introoduced in 2009, Section 12J under the South African Income Tax Act has come as a welcome step in venture capital activity. Now, new amendments to Section 12J will take effect in January 2015, with the aim of boosting investment in entrepreneurial businesses. Erika van der Merwe from Southern African Venture Capital and Private Equity Association (SAVCA), which represents about R160-billion in assets, elaborates: We believe that these more attractive tax incentives have the potential to boost greater levels of investment...

  • 7 technical risks every startup investor should be aware of

    By: Vasiliy Soloshchuk & Vitaliy Koval Implementing a startup project, regardless of its nature, is associated with a number of risks that need to be taken into consideration. When a project is implemented properly, these risks can be efficiently curbed by the startup founders during the different stages of the project lifecycle. Statistically, more than 20% of all the risks technology projects are derailed by are associated with a startup’s technical implementation, and not the erroneous selection of the market niche, or how innovative their product or service offering is. In other words, this means that even the brightest business idea has...

  • 5 crucial questions that will help you choose your VC dream team

    When you’re out saving the world, it sometimes helps to imagine that you’re a superhero. The startup world is bright and exciting — full of “Pow!” and “Wham!” — but you can’t do everything on your own. In this bright and crazy comic-strip world, your investors are part of your dream team, popping up at just the right moment and kicking butt on your behalf. Finding the right venture capital fund to support your startup is like holding auditions for a loyal sidekick. You need to find a balance between brains and brawn, size and skill. You need investors who offer...