Africa’s booming tech scene has no shortage of unicorn dreams and startup success stories. But behind every breakout company is often a network of…
Joburg wedding gift service Wrapistry in R4m deal [Updated]
Online gift registry startup Wrapistry has signed a deal to secure a R4-million investment from Section 12J venture capital fund Anuva Investments and Genesis Capital. The Johannesburg-based…
Funder’s focus on making social impact key in $24m deal says JUMO founder
South African fintech startup JUMO opted to go to Finnish development finance company Finnfund for debt funding, because the financier is “very ethical” and “focused…
Here are eight facts you should know about venture capital in South Africa
The value of venture capital (VC) investments rose by a whopping 134% to R872-million in 2016 over 2015, while ICT makes up 17% of…
Despite 134% growth in VC investments, sector still lacks liquidity says investor
The number of South African venture capital (VC) investments grew by 134% to R872-million in deals in 2016 over the previous year, shows Southern African Venture…
