Ventureburn

Vumela Fund backs Kusini Water expansion

The FNB Business and Edge Growth investment vehicle Vumela Fund has announced a new deal with Gauteng-based clean watertech start-up Kusini Water. This investment…

SAVCA findings: How Venture Capital can solve unemployment

South Africa’s unemployment figures are among the highest in the world and this inequity means many people live in poverty. Venture Capital may be…

Join DJ Sbu and Crypto University for interactive workshop

DJ Sbu and Grey Jabesi (aka Grey BTC) and CEO and founder of Crypto University, will lead a workshop that is aimed at anyone…

How SMMEs can leverage fintech to get a leg up

It’s now a lot easier and faster for SA’s small businesses to access funding thanks to the influence of fintech. These solutions combine technology and…

Engen Convoy Fund investment unlocks opportunities for DKN Transport

Road freight logistics solutions company DKN Transport will be able to expand its fleet size and create additional jobs thanks to an undisclosed, but…

Mobiz gets $4m US expansion boost

A collection of investors including Futuregrowth, Allan Grey E-Squared Ventures, Launch Africa and HAVAÍC participated in a pre-series A funding round that raised $4…

Avoid the Black Friday scams

In pandemic-affected 2020, South Africans flocked to e-commerce retailers to shop Black Friday, which this year, takes place on 26 November. In 2021, with…

The importance of a will as an entrepreneur: How it protects your company and loved ones

When starting up a new business, many entrepreneurs don’t necessarily consider estate planning and writing up a will as part of business planning. However,…

1kx leads $5m funding round for NFTfi expansion

Innovative NFT-based marketplace NFTfi has secured $5 million in a funding round supported by day one investor 1kx and attracted Ashton Kutcher’s Sound Ventures…

VoxCroft Analytics get big investment from Knife Capital

Open-source intelligence company, VoxCroft Analytics, raised close to $2 million in Series-A funding from Knife Capital. This investment will speed up expansion of US…

Recap: 2021 SAVCA Venture Capital Conference

The Southern African Venture Capital and Private Equity Association (SAVCA) represents about 170 members who manage more than R185 billion in assets and its…

Tencent leads $48m Ozow Series B funding round

Storied South African fintech company Ozow attracted TenCent, Endeavor Catalyst and Endeavor Harvest Fund in a series B funding round that totaled $48 million….

MultiChoice leads R62m AURA funding round

South Africa’s leading security and medical response marketplace AURA secured R62 million in a successful Series A funding round led by MultiChoice Group, Buffet…

InfraCo expands e-mobility interests with Zembo investment

Private Infrastructure Development Group (PIDG) company InfraCo Africa, together with a consortium including Dutch private equity firm DOB Equity and Toyota Tsusho’s VC facility Mobility 54, has signed…

How digital twins will unlock the circular economy

Global technology intelligence firm ABI Research forecasts that the world economy will achieve over 10.5% circularity by 2030, as sustainability and incoming legislation start…

SA Fintech start-up launches physical card

Johannesburg-based fintech start-up has launched its newly branded SOLMate prepaid debit cards to round out its service offering that includes an electronic wallet app…

Five key investment trends to watch in 2022 [Opinion]

There’s no doubt that investing remains one of the best ways to preserve and create wealth in the modern age, but that nevertheless comes…

RecoMed raises $1.5m to scale online healthcare bookings in SA

Online healthcare bookings platform RecoMed is having a great October. Fresh from building a customized bookings platform for the Discovery Health Covid-19 vaccine roll-out,…

Vendease raises $3.2m to transform Africa’s restaurant supply chain

Nigerian-based AgriFood-tech start-up Vendease delivered approximately 100 000 tons of food to restaurants in September 2021, hitting a $12.9 million transaction volume. The recently…

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