There are many resources available to help you find investors in South Africa. These resources include Angel Investment Network, Team Africa Ventures, Naspers Foundry and Mnisi Capital. These are all excellent options to find financing for your company. Below are a few of the most well-known places to find investors in South Africa. Whatever field you're in there are investors out there who can provide funding for your venture.
Angel Investment Network
The South African Angel Investment Network (SABAN) is an investment network that has more than 29,000 investors and an investment capital of 8 trillion Rand. It focuses on South Africa and includes investors from across the globe who are looking to start a scalable business. They also provide entrepreneurs with the opportunity to meet potential investors who are interested in offering an amount of their capital in exchange for an equity stake. This network is ideal for financing business startups because there are no strings attached, you can use the money to grow, and there is no credit check.
Africa has seen a significant rise in angel investing. There are many angel investor networks. These networks are growing in industry with more investors pooling their resources in order to invest in early-stage ventures. The ABAN website lists 10 local angel investors and they will add more in the near future. There are many reasons why this is true, but the main benefits of an South African angel investor network are evident.
Team Africa Ventures
A group of Hollywood celebrities and entrepreneur Daniel Guasco co-founded the early-stage investment fund TeamAfrica Ventures. It was established in the year 2011, and the fund invests in tech-driven companies with enthusiastic founders from Southern Africa. The fund also aims to help entrepreneurs grow and be proud of the companies they have created. The firm is located in Cape Town and has made one investment, Click2Sure.
Another fund manager in the field of venture capital is KnifeCap A Southern African growth equity fund manager whose focus is on growth and job creation. They are passionate about creating innovative businesses that can meet the needs of Africa. A strong management team is essential to their investment decisions. They are passionate about Africa and the region. Team Africa Ventures currently has five members and two funds under its control. Team Africa Ventures invests in South Africa and is based in Cape Town.
Thandeka is Xaba, who holds a Business Science degree in finance and accounting. She has also held corporate positions. While developing GlamAlly, she also worked for a number of companies and contributed to an incubation program for emerging tech startups. She saw the positive effects of business and decided to utilize entrepreneurship to help others. Despite these challenges 60% of South Africa's tech entrepreneurs are black.
Naspers Foundry
If you're in search of an South African investor, you might be trying to figure out how to connect with the Naspers Foundry. This global Internet investment group invests in startups that tackle the most pressing social issues. Naspers Foundry's philosophy of investing is to invest in companies in the early stages that have the potential to achieve high growth. The founders of companies who are part of the Naspers Foundry network get 10-30 percentage stakes.
Although Naspers Foundry does not invest in startups outside of South Africa, its parent company invests in companies across the continent. The recent acquisition by Naspers of Webuycars, worth $94 million, will help South Africa's tech scene to explode. Previously, South Africa was the undisputed top entrepreneur in venture capital, but was soon overshadowed its rivals Nigeria and Kenya. This fund could be the catalyst for Naspers to take over the top spot in startup funding.
Naspers Foundry's most recent investments include an R45 million investment in The Student Hub, a Cape Town-based earned-wage platform that is on-demand. This investment is the Naspers Foundry's third fintech investment. Since its beginning in 2019, it has completed nine transactions.
Mnisi Capital
Mnisi Capital is a potential investment if you need funding for your business. The South African investment company was founded on November 4, 2020. Its identification number is K2020847462. They collaborate with companies from various sectors, including agribusiness, consumer goods that move quickly, and SME. Mnisi is committed in advancing the interests African communities and the ASM sector.
The South African startup ecosystem is one of the most sophisticated on the continent and there are more investors than ever before. South Africa's government has put in place a variety of incentives to encourage local entrepreneurs to draw international talent. Angel investors play an essential role in increasing the number of investable businesses in the country. They can provide essential resources and networks for early stage companies, allowing them to access capital to develop their business.
4Di Capital
If you're in search of an early or seed-stage technology investment firm in South Africa, you've probably already heard of 4Di Capital. The company is located in Cape Town and invests in companies that are in the early stages of their development in the web, enterprise and mobile industries. Its mission is to support promising startups and assist them to expand. Its portfolio comprises 19 companies. 4Di invests in companies at the beginning of their development and focuses on sectors with high growth such as FinTech Health-Care,, and Insuretech.
The firm has been in business for more than 10 years and invests in growth and early stage tech startups. The firm has made investments in companies including Aerobotics and Lumkani. Aerobotics has a patent for a drone that helps firefighters find shack fires. Lumkani has developed an application that allows people to pay and supply goods to those in need. With over $1 billion of invested funds, 4Di Capital has made an impact on the local technology scene.
Snapnsave
SnapnSave has seen rapid growth since its launch at the end of 2015. With more than 350 000 users and 1.5 million till slip submissions, the app has generated more than ZAR14 million in rewards. The company is expanding to Nigeria and other African and Asian markets. The latest round of funding will be used to grow the user base and move towards the Series A round. SnapnSave is seeking investors from international and domestic investors to support its ambitious growth plans.
SnapnSave was acquired by Kalon Venture Partners, an ex-grotech as well as Smollan Group SA (a retail solutions company). In a deal announced last week the two companies each invested R7 million each in the start-up. SnapnSave is a mobile app that allows consumers to take a photo of their cash slip to get cashback on their favourite products.
Sun Exchange
Investment in the Sun Exchange can be a excellent way for solar cell projects to earn income. An individual can invest as little as up to ZAR60 depending on the size of the project. The minimum investment is ZAR80. Some people use solar cells to earn an income from an annuity, whereas others view it as a means to do good. These individuals are part of the new trend of investing for social good which is growing in popularity in the millennial investors willing to invest in africa generation and generation Z. The Sun Exchange uses Bitcoin as an alternative to pay for transactions of a small amount.
The South African startup Sun Exchange recently raised US$2.5 million from UK-based private equity firm ARCH Emerging Markets Partners and completed a R67 million Series A financing round. The technology lets anyone purchase solar panels and lease them to schools, businesses and other institutions all over the world. It has been crucial in the introduction of solar power to numerous schools and businesses across South Africa. After securing $4 million in Series A financing and plans to expand internationally.
Online payment system Sun Exchange
Sun Exchange is an innovative company that uses Bitcoin to expand the availability of solar energy in South Africa. Through Sunex, individuals can purchase solar panels and receive a return in bitcoin or South African Rand. They also sell surplus solar power to schools in South Africa. What is The Sun Exchange work? Users can invest as only $5 on the website to purchase solar cells. All transactions occur in South African Rand 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 company plans to expand into other African countries and is backed by an investment firm owned by billionaire Patrice Motsepe. The company recently raised $1.4 million for a Zimbabwean fruit producer. It claims to be the largest African crowdfunded project. Its aim is to assist entrepreneurs and developers improve the lives of the people around the world with its technology.