Venture capital

Future of VC: Commercial viability, impact go hand-in-hand

As the growth of the venture capital industry continues on an upward trajectory, a number of deals are moving towards an intersection of commercial…

Are venture builders SA’s new VCs?

South Africa doesn’t need more venture capitalists to expand the country’s pool of small businesses: it needs venture builders (VBs), who are prepared to…

AfricArena to showcase global partnerships at Grand Summit

More than 75 start-ups from across the world are set to touch down in Cape Town for the AfricArena Grand Summit, a week-long event…

Western investors to remove bias they didn’t know they had

The world is beset by extreme inequality. In fact, a study released in December 2021 found that global inequality is at levels not seen…

Fintech, edtech investment dominate SA venture capital

Growth in South Africa’s venture capital (VC) industry remains robust with early-stage fund managers investing R1.31 billion into 121 entities through 186 investment rounds….

Need funding? How to make investors take you seriously

Small businesses need capital to grow. Yet, many times their ability to attract and raise capital is dependent on their investment readiness. Being investment…

VC and private equity investors bank on African tech boom

Venture capital (VC) and private equity investors are banking on an African tech boom over the next three years, with the continent’s start-up ecosystem…

Angel investors plug early-stage funding gap in Africa

One of the biggest challenges facing entrepreneurial startups in sub-Saharan Africa is funding – particularly early-stage financial support – even though the landscape across…

Flow is ‘barometer of proptech growth in SA’

It comes to no surprise that fintech is the kingmaker in the African investment space. After all, the value of this is set to…

Huge funding boost for e-commerce platform Rentoza

South African on-demand subscription platform Rentoza is set for accelerated growth following a R20 million funding boost from the MIC Khulisani Ventures fund. Rentoza…

E-commerce start-up Shopstar secures third funding round

South African e-commerce platform Shopstar has announced that it has secured third-round funding from Launch Africa Ventures, signalling the next phase in its strategy…

Naspers invests $2.5m. in fresh produce start-up Nile

Naspers, through its early-stage tech investment vehicle Naspers Foundry, announced $2.5 million investment in Nile, an agritech company that connects farmers to buyers of…

Shein’s breakneck growth slows, testing $100bn. valuation

Shein, the Chinese fast fashion giant that’s quickly become the third-most valuable startup in the world, is seeing a reality check with sales growth…

AfricArena honours 5 start-ups at Dakar summit

No less than five African start-ups now have a shot at participating in AfricArena’s most sought-after tech summit in November. The winners – mostly…

Boost for investment skills of local capital providers in Africa

Ten fund managers active in Africa’s tech space have been selected from across the continent for the LAUNCH Capital Provider Fellowship Programme. Facilitated by…

African B2B marketplace Kwely banks $1 million in seed round

Kwely, an Africa-based B2B marketplace, has raised closed to $1 million seed round funding. This, says the company, enables it to “redefine the perception…

20 of Africa’s finest start-ups to pitch at AfricArena summit

More than 20 of Africa’s finest start-ups will today and tomorrow vie for the attention of international investors attending the AfricArena West Africa Summit…

Futuregrowth bags one of SA’s largest seed funding rounds

In one of the largest seed funding rounds in South Africa’s history, Futuregrowth was the lead investor in Inseco, a start-up company using black…

African genetics company raises $1.6m seed round

Billed as the first African-based direct-to-consumer genetics company to introduce polygenic risk scoring (PRS) to generate DNA test results, BioCertica has just launched a…

Endeavor Harvest Fund II closes as most active VC in SA

Endeavor South Africa has raised double its initial target for Harvest Fund II with R190 million raised in the fund’s final close. The fund…

Cape Town based Locstat raises investment from Grindstone Ventures

Cape Town based advanced analytics company, Locstat, has secured undisclosed amount of funding from Grindstone Ventures. Founded in 2016, Locstat enables customers to unlock…

Nigeria’s Kwik secures $2M in Series A funding round

French-Nigerian B2B startup Kwik, a provider of SaaS logistics services to social vendors and e-commerce platforms in Africa, has successfully closed its $2 million…

4DX leads $3M Eksab seed round

Egyptian fantasy football start-up Eksab raised $3 million is a seed round led by 4DX Ventures. The round also drew participation from Darwazah Capital,…

South Africa’s Cyber Shield Weakens: 70% of Firms Lack Basic Security Awareness

Your Couch is About to Become a Stadium: TCL’s QD-Mini LED Arrives in SA

TikTok Tightens the Reins: New Parental Controls and Digital Well-Being Tools Rolled Out

enza Secures $6.75M Seed Funding to Revolutionize African Payments

MGX’s $2 billion investment in Binance marks historic institutional backing

Mastering Financial Navigation for Securing the Perfect Loan

Acer Unleashes Beastly New Predator BiFrost and Nitro GPUs with AMD Radeon RX 9000 Series

Philips Evnia Drops Jaw-Dropping QD OLED Monitors: 240Hz, Ambiglow, and All the Good Stuff

Microsoft launches new Surface devices in new AI era

G63 AMG is a better build with Grabber AT3s

Lucid CEO becomes strategic advisor

Golf 8.5 update with lots of Life