There are numerous resources available to assist you in finding investors in South Africa. These resources include Angel Investment Network and Team Africa Ventures, Naspers Foundry and Mnisi Capital. These are all excellent sources to find funding for your business. Below are a few of the most popular places to find investors in South Africa. Whatever industry you're in, there's a South African investor out there who can provide capital to your business.
Angel Investment Network
The South African Angel Investment Network is an investment network that has more than 29,000 members and an investment capital of 8 trillion Rand. It is focused on South Africa and includes investors from all continents looking to launch a scalable business. They also provide entrepreneurs with an opportunity to connect with potential investors who are interested in providing a portion of their capital in exchange for equity stakes. This network is great for business startups that need to finance because there are no commitments, you can use the money to expand, and there is no credit check.
The expansion of angel investing in Africa has been remarkable and the country is home to many angel investor networks. These networks are a growing sector with more investors pooling their resources in order to invest in early-stage ventures. The ABAN website includes an inventory of local angel investors, and more are expected to be established in the coming years. There are many reasons for this but the benefits of a South African angel investment network are obvious.
Team Africa Ventures
TeamAfrica Ventures, an early-stage investment fund, was co-founded by Daniel Guasco and other Hollywood stars. Founded in 2011, the fund invests in tech-driven businesses with enthusiastic founders from Southern Africa. The fund also aims to assist entrepreneurs in growing and to be proud of the companies they have created. The company is headquartered in Cape Town and has made one investment, Click2Sure.
KnifeCap is a second venture capital fund manager. This Southern African growth equity fund manager is focused on job creation and expansion. They are passionate about finding innovative businesses that meet the demands of Africa. The strong management teams are essential to their investments. They are passionate about the region. Team Africa Ventures has five current members of the team and two funds under management. Team Africa Ventures invests in South Africa and is based in Cape Town.
Thandeka Xaba holds a Business Science degree in finance and accounting. She has also worked in corporate roles. GlamAlly was her first venture. She also worked in several companies and helped create an incubator program for new tech startups. She saw the positive effects of business and decided to use business to help others. Despite these challenges 60 percent of South Africa's tech entrepreneurs are black.
Naspers Foundry
The Naspers Foundry is a South African investor you could be looking for. The international Internet investment group invests only in startups that address important social issues. Naspers Foundry's investment ethos is to invest in early-stage businesses which have the potential for high growth. The founders of the companies that are part of the Naspers Foundry network receive 10-30 percent stakes in their businesses.
While Naspers Foundry doesn't invest in startups outside South Africa, its parent company does. In fact, Naspers' recent acquisition of Webuycars for $94 million could aid in helping the South African tech scene take off. Previously, South Africa was the undisputed leader in venture capital but was soon overshadowed its rivals Nigeria and Kenya. With this fund, Naspers may change the leader in financing startups back to South Africa.
Recent investments by The Naspers Foundry include a R45million investment in The Student Hub, which is an Cape Town-based platform for earned-wage access. This is the third fintech investment from Naspers Foundry. It has completed nine transactions since its debut at the beginning of 2019.
Mnisi Capital
If you're in need funds for your business you might want to consider Mnisi Capital as a potential investment. The South African investment firm was founded on November 4, 2020. Its identification number is K2020847462. They work with companies in a range of industries, including agribusiness, consumer goods that move quickly, and small and medium-sized enterprises. Mnisi is committed in advocating for the where to find investors in south africa interests of African communities and the ASM sector.
The startup ecosystem in South Africa is among the best on the continent. There are more investors than ever before. The government of South Africa has created a variety of incentives that encourage local entrepreneurs to draw international talent. Angel investors play an important role in expanding the country's investment pipeline. They can provide vital resources and networks to young companies, allowing them access capital to grow their business.
4Di Capital
If you're in search of a seed or early-stage technology investment firm in South Africa, you've probably already heard of 4Di Capital. Based in Cape Town, the company makes seed and early-stage investments in companies operating in the enterprise software, web and mobile industries. Its aim is to assist promising startups and assist them to scale. Its portfolio includes 19 companies. In addition to investing in early stage companies, 4Di focuses on sectors that have high growth potential, which include FinTech as well as health care and insuretech.
The company has been operating for more than 10 years. It invests in tech startups at the early and growth stages. The firm has invested in companies including Aerobotics and Lumkani. Aerobotics has a patent application for drones that can help firefighters find shack fires. Lumkani has created a system that allows people to pay and supply goods to those in need. 4Di Capital is a prominent name in the local technology scene, with more than $1 billion worth of invested funds.
Snapnsave
SnapnSave has grown rapidly since its launch in 2015. With more than 350 000 users and 1.5 million till slip submissions the app has brought in more than ZAR14 million of rewards. The company is currently expanding to Nigeria, as well as other African and Asian markets. The funds will be used to fund user growth as well as the next round of Series A financing. SnapnSave is looking for funding from international and domestic investors to support its ambitious growth plans.
SnapnSave was purchased by Kalon Venture Partners, an ex-grotech, and Smollan Group SA (a retail solutions company). In a deal announced late last week both companies have made an investment of R7 million each in the startup. The SnapnSave application is designed to provide consumers with cashback on their most-loved products by allowing them to snap an image of their checkout slip and earn a percentage of the price off the purchase.
Sun Exchange
Solar cell projects are an excellent way to earn income through investment in the Sun Exchange. Based on the size of the project, one can invest as low as ZAR60 or less and the minimum investment is as low as ZAR80. Some people use solar cells to earn an annuity income, while others see it as a means to contribute to the cause. These are part of a new trend in investing for social benefits which is growing in popularity with millennials as well as Generation Z. Sun Exchange uses Bitcoin to pay for transactions that are small in size.
Sun Exchange, a South African startup, recently secured US$2.5million from the UK-based private equity firm ARCH Emerging Markets Partners. Sun Exchange also closed a R67 million Series A financing round. The technology lets anyone purchase solar panels and lease them to schools, businesses and other organizations all over the world. It has been essential in bringing solar energy to numerous businesses and schools across South Africa. After securing $4 million in Series A financing the company plans to expand internationally.
Online payment system Sun Exchange
Sun Exchange is an innovative business that uses Bitcoin to increase the availability of solar energy in South Africa. Through Sunex users can purchase solar cells and receive returns in bitcoin or South African Rand. They also sell excess solar energy back to South African schools. What is The Sun Exchange work? Users can invest as just $5 on the website in solar cells. All transactions are conducted in South African Rands or Bitcoin.
The Sun Exchange is an online payment system that allows individuals and businesses to earn solar-powered dollars by leasing them to customers. The platform is part of a group which includes billionaire Patrice Mtsepe. The company plans to expand into other African countries. The company recently raised $1.4 million for an Zimbabwean fruit producer. It claims to be the biggest African crowdfunded project. Its mission is to assist entrepreneurs and developers in making life better for people across the globe through its technology.