Venture capital

Egypt healthtech startup secures $160k non-equity grant

Egypt-based healthtech startup, Dileny Technologies LLC (DilenyTech) has secured a $160K non-equity grant from the Information Technology Academia Collaboration (ITAC) programme affiliated with the…

Egypt proptech startup secures $1.1-million

Cairo-based proptech startup Sakneen has raised $1.1-million in a seed funding round led by Algebra Ventures and with a notable contribution from Sawraw Capital,…

Ghana agritech startup secures $790k in funding

Ghana-based agritech startup AgroCenta has raised $790k in pre-series A working capital and development funding from UK charity Shell Foundation, the UK’s Foreign, Commonwealth,…

Innovative SA medtech startup receives funding

hearX, an early-stage South African-based global medtech disruptor, has secured an investment from Futuregrowth. hearX secures undisclosed investment amount from Futuregrowth Amrish Narrandes, Head…

Kalon Venture Partners opens investment into 12J fund

Johannesburg-based Kalon Venture Partners, a registered Section 12J Venture Capital Company, has announced that it is open for investment into its second fund. Kalon…

Knife Capital launches second 12J Venture Capital Fund

Cape Town-based venture capital (VC) company Knife Capital has announced the launch of its second Section 12J Venture Capital fund for new investors to…

Kenyan insurtech startup secures $6-million

Pula a Nairobi-based insurtech startup has secured $6-million in a Series A funding round led by TLcom Capital, with the participation of Women’s World Banking. Pula secures…

Join UCT GSB Solution Space 2020 E-Track Programme for entrepreneurs

Entrepreneurs are encouraged to join cohort two of the 2020 E-Track Programme, a three-part venture acceleration programme aimed at supporting individuals or teams to…

Sea Monster bags $1-million investment

Cape Town-based, animation, gaming, and AR/VR company, Sea Monster has secured a $1-million investment from FirstRand’s Vumela Fund. Founded in 2011, Sea Monster was…

Landing an investor in times of uncertainty [Opinion]

It may be the fear of a pending pandemic, lockdowns and calls for social distancing due to Covid-19 or even a looming recession that…

Nigerian B2B eCommerce startup secures $10-million

TradeDepot has raised $10-million in a pre-Series B equity round co-led by Partech, International Finance Corporation, Women Entrepreneurs Finance Initiative (We-Fi), and MSA Capital. The new investment will enable…

Three lessons I learned from my first investment cheque [Opinion]

When I was 21 I managed to raise about $20 000 in seed funding for a social network that I was building with two…

10 questions startup founders should ask before looking for funding

So, you’ve launched a startup and now you want to raise millions from a venture capitalist or angel investor. Hang on a second, do…

SA had bumper VC year in 2018 with investments up 31% over 2017, reveals report

Venture capital (VC) had a bumper year in South Africa in 2018, with southern African VC funds having made investments of over R1.5-billion last year…

10 tips on how to raise venture capital in South Africa [Opinion]

Entrepreneurs constantly disrupt the balance of competition by unlocking inventive commercial opportunities and creating new markets in doing so. This can sometimes be done…

What Edge Growth looks for when investing in entrepreneurs [Q&A]

The ability to manage complicated tasks and still stay focused, deep industry experience, a strong work ethic and the ability to take advice from…

Sars Section 12J VC companies – hype versus substance [Opinion]

There are many legal ways for South African taxpayers to reduce their tax burden, and investing in a SA Revenue Service (Sars) approved Section…

Everything you need to know about SA’s tech startup ecosystem [updated 2019]

Update: Are you a venture capitalist or an angel investor looking to invest in a company? Are you an entrepreneur looking for capital or…

More private equity firms to participate in later stage million-dollar VC deals

Obasanjo-Adeleye said last year she’d noted what she described as an “interesting trend” in the increasing number and rising participation of private equity firms in later stage transactions in the “tens of millions”.

Section 12J VC incentive a good start, but government can do more [Opinion]

The world of startups is a risky choice for an investor. But there is a clever way you can reduce that risk, and that…

Naspers to launch R1.4bn fund to back SA tech startups

SA investor Naspers has announced that it plans to next year launch a R1.4-billion (about $96-million) startup fund to boost the SA tech firms. The initiative…

Eight important lessons when raising venture capital [Opinion]

It is important for every entrepreneur to recognise that to raise venture capital (VC) is only one way to build and scale a business…

What really is the secret to getting a VC deal? [Opinion]

Most entrepreneurs dream of that moment when they get to send out that press release announcing they have struck a venture capital (VC) funding…

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