There are many resources available to help you find investors in South Africa. These include Angel Investment Network and Team Africa Ventures, Naspers Foundry and Mnisi Capital. These are all great places to find financing for your company. Here are a few of the most sought after places to find South African investors. Whatever field you are in there are investors out that can provide capital for your business.
Angel Investment Network
The South African Angel Investment Network is an investment network with more than 29,000 members and an investment capital of 8 trillion Rand. It focuses on South Africa and includes investors from all continents that are seeking to establish a scalable business. It also gives entrepreneurs the opportunity to meet potential investors, who are looking to offer the majority of their capital in exchange for an equity stake. This is a great network for financing business startups because there aren't any conditions and you can utilize the funds to expand your business, and there is no credit check.
Africa has seen an incredible rise in angel investing. There are many angel investor networks. These networks are an increasing industry in South Africa, with more investors pooling their funds to invest in ventures that are at the beginning of their development. The ABAN website lists a list of 10 local angel investors and many more are expected to be established in the near future. While there are several reasons why this is the case however, the overall benefits of the South African angel investment network are evident.
Team Africa Ventures
A team of Hollywood celebrities and entrepreneur Daniel Guasco co-founded the early-stage investment fund TeamAfrica Ventures. The fund was founded in 2011 and the fund invests in tech-driven enterprises with passionate founders from Southern Africa. The company also aims aid its entrepreneurs to become better people and measure results by how proud they are of the companies they create. Click2Sure is the firm's first investment.
Another manager of venture capital funds is KnifeCap which is a Southern African growth equity fund manager focused on growth and job creation. The team is dedicated to finding innovative businesses that address the needs of the continent. The strong management teams are essential to their investments. They are passionate about the region. Team Africa Ventures currently has five members and two funds under its supervision. Team Africa Ventures is based in Cape Town and invests in South Africa.
Thandeka is Xaba, who holds a Business Science degree in finance and accounting and has worked in corporate roles. GlamAlly was her first venture. She also worked for various companies and helped to develop an incubator program to startups in the field of technology. She was able to see the positive impact of business and decided to employ business to assist others. Despite all the challenges, 60% of South Africa’s tech entrepreneurs are black.
Naspers Foundry
The Naspers Foundry is a South African investor you could be looking for. This global Internet investment company invests in businesses that address the most pressing social issues. Naspers Foundry's investment philosophy is to invest in early-stage businesses which have the potential for high growth. The founders of companies who are part of the Naspers Foundry network get 10-30 percent stakes.
While Naspers Foundry doesn't invest in companies outside of 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. South Africa was once the undisputed leader in venture capital. However it was quickly replaced by Kenya and Nigeria. With this fund, Naspers might shift the lead in financing startups back to South Africa.
Recent investments by The Naspers Foundry include a R45million investment in The Student Hub, which is an online platform in Cape Town that provides earned-wage access. This is Naspers Foundry's third fintech investment. Since its inception in 2019 it has completed nine transactions.
Mnisi Capital
Mnisi Capital is a potential investment option if you require capital for your business. This South African investment company was founded on November 4, 2020. Its identification number is K2020847462. They collaborate with companies from a range of industries, including agribusiness and consumer goods that move quickly as well as SMEs. Mnisi is committed to serving the interests of African communities as well as the ASM industry.
The South African startup ecosystem is one of the most sophisticated on the continent and there are more investors than ever before. The government of South Africa has created a number of incentives to help local entrepreneurs attract international talent. Angel investors play a key role in expanding the country's investment pipeline. They provide crucial resources and networks to early-stage companies, allowing them to gain access to capital to expand their businesses.
4Di Capital
4Di Capital is a South African seed and early-stage technology investments company. Based in Cape Town, the company invests in seed and early-stage companies in companies in the enterprise software, web, and mobile sectors. Its mission is to support promising start-ups and help them expand. Its portfolio comprises 19 companies. In addition to investing in early-stage companies, 4Di focuses on sectors with high growth potential including FinTech healthcare, health care, and insuretech.
The firm has been in operation for more than 10 years. It invests in tech startups both at the growth and early stages. The firm has invested in several companies, including Aerobotics and Lumkani. Aerobotics has a patent on drones that detect fires in shacks. Lumkani has developed a system that lets people pay for and deliver goods to those who are in the greatest need. With over $1 billion worth of invested funds, 4Di Capital has made an impression on the local technology scene.
Snapnsave
SnapnSave has grown rapidly since its launch in 2015. SnapnSave has seen rapid growth since its launch in the year 2015. The app is now used by more than 350 000 users. The company is expanding its reach to Nigeria and other African and Asian markets. This latest round of capital will be used to grow the user base and advance to a Series A round. SnapnSave is seeking investors from international and domestic investors to help with its ambitious growth plans.
Kalon Venture Partners, the former Grotech, and Smollan Group SA, a retail solutions company, have invested in SnapnSave. In a deal announced late last week the two companies each made an investment of R7 million each in the startup. The SnapnSave app is designed to offer consumers cashback on their favorite products by allowing them take an image of their checkout slip and receive a portion of the cost off the purchase.
Sun Exchange
Solar cell projects are an excellent way to earn income through investing in the Sun Exchange. An individual can invest as little or up to ZAR60 depending on the size of the project. The minimum investment is ZAR80. Some people use the solar cells to generate an annuity , while others see it as a means to contribute to the cause. These people are part of an emerging trend of investing in social causes which is growing in popularity in the millennial generation and generation Z. Sun Exchange uses Bitcoin to pay for small transactions.
Sun Exchange, a South African startup, has recently raised US$2.5million from the UK-based private equity firm ARCH Emerging Markets Partners. It also concluded a R67 million Series A financing round. The technology lets anyone purchase solar cells and lease them to businesses, schools and other organizations all over the world. It has been vital in bringing solar power to numerous schools and businesses across South Africa. After raising $4 million in Series A funding the company plans to expand internationally.
Online payment system Sun Exchange
The Sun Exchange is an innovative business that utilizes bitcoin to enhance the availability of solar energy in South Africa. Through Sunex users can purchase solar panels and receive a return in bitcoin or South African Rand. They also sell excess solar energy back to South African schools. How does The Sun Exchange operate? Users can invest as little as $5 on the website in solar cells. All transactions are done in South African Rands or Bitcoin.
The Sun Exchange is an online payment system that enables individuals and businesses business funding to earn solar-powered dollars by leasing them to customers. The platform is part of a group that includes billionaire Patrice Mtsepe. The company plans to expand into other African countries. The company recently raised $1.4 million for a Zimbabwean fruit producer. It claims to be the largest crowdfunded project in Africa. Its mission is to support developers and entrepreneurs in improving the lives of people across the globe with its technology.