If you’re looking to find investors in South Africa, there are numerous sources you can utilize. These resources include Angel Investment Network, Team Africa Ventures, Naspers Foundry and Mnisi Capital. They are all great ways to find funding for your business. Here are some of the most sought-after places to find investors in South Africa. No matter what field you are in, there are investors out that can provide capital for your business.
Angel Investment Network
The South African Angel Investment Network (SABAN) is an investment network that has more than 29,000 investors and an overall investment capital of 8 trillion Rand. It is focused on South Africa and features investors from all over Africa seeking an opportunity to grow their business. Entrepreneurs have the chance to meet potential investors who are willing to share a portion of their capital in return for an equity stake. This is a great network for financing business startups because there are no commitments and you can utilize the funds to expand your business, and there is no credit check.
The growth of angel investing in Africa has been impressive and the country boasts a large number of angel investor networks. These networks are an increasing industry in South Africa, with more investors pooling their resources to invest in early stage ventures. The ABAN website lists 10 local angel investors and more will be added in the future. There are many reasons this is the case, however, the advantages of the South African angel investor network are obvious.
Team Africa Ventures
TeamAfrica Ventures, an early-stage investment fund, Investors Looking For Entrepreneurs was co-founded by Daniel Guasco and other Hollywood stars. The fund was founded in 2011, and invests in tech-driven businesses with passionate founders from Southern Africa. The fund also hopes to help entrepreneurs grow and be proud of the companies they have built. The firm is headquartered in Cape Town and has made one investment, Click2Sure.
KnifeCap is a different venture capital fund manager. This Southern African growth equity fund manager is focused on creating jobs and where to find investors in south africa expansion. The team is dedicated to creating innovative businesses that meet the demands of the continent. Their investments are distinguished by strong management teams that are passionate about the region. Team Africa Ventures currently has five members and two funds under its supervision. Team Africa Ventures invests in South Africa and is based in Cape Town.
Thandeka Xaba holds A Business Science degree and has held corporate positions. GlamAlly was her first venture. She also worked for several companies and helped develop an incubator program to new tech startups. She was impressed by the positive outcomes of business and decided to employ entrepreneurial skills 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 that you may be searching for. The international Internet investment firm invests in startups that address big social issues. Naspers Foundry’s investing philosophy is to invest in early-stage businesses that have the potential for high growth. The founders of companies that are part of the Naspers Foundry network receive 10-30 percent stakes in their company.
Although Naspers Foundry does not invest in startups outside of South Africa, its parent company does invest in companies across the continent. In fact, Naspers’ recent acquisition of Webuycars for $94 million could aid in helping the South African tech scene take off. In the past, South Africa was the undisputed leading venture capitalist, but was soon eclipsed by its competitors Nigeria and Kenya. This fund could be the catalyst for Naspers to take over the top spot in funding startups.
Recent investments by 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 made by Naspers Foundry. It has already completed nine transactions since its debut in 2019.
Mnisi Capital
If you’re in the market for funds for your business you might want to think about Mnisi Capital as a potential investment. Mnisi Capital is a South African investment firm was founded on November 4, 2020. Its identification number is K2020847462. They work with companies in a range of sectors, including agribusiness, fast moving consumer goods, and SMEs. Mnisi is committed to advancing the interests of African communities as well as the ASM industry.
South Africa’s startup ecosystem is one the most advanced on the continent. There are more investors than ever. The government of South Africa has created a variety of incentives that help local entrepreneurs attract international talent. Angel Investors Looking for entrepreneurs play a crucial role in expanding the country’s investment pipeline. They are able to provide vital resources and networks to businesses in the early stages, allowing the company to gain capital to expand their business.
4Di Capital
If you’re looking for an early-stage or seed stage technology investment firm in South Africa, you’ve probably already heard of 4Di Capital. The company is located in Cape Town, the company invests in seed and early-stage companies in companies operating in the enterprise software, web and mobile industries. Its aim is to nurture promising start-up companies and assist them in scaling. Its portfolio comprises 19 companies. In addition to investing in early-stage companies, 4Di focuses on sectors with high growth potential, such as FinTech health-care, finance, and insuretech.
The firm has been in operation for more than 10 years. It invests in tech startups at both the early and growth stage. The company has invested in companies like Aerobotics, Lumkani, and other companies. Aerobotics holds a patent that allows drones to detect fires in shacks. Lumkani has developed a system to allow people to pay for and deliver goods to those in greatest need. With over $1 billion of invested funds, 4Di Capital has made an impression on the local tech scene.
Snapnsave
SnapnSave has grown rapidly since its introduction in the year 2015. SnapnSave has seen rapid growth since its launch in 2015. The app now has more than 350 000 users. The company is expanding to Nigeria and other African and Asian markets. This money will be used for expansion of its user base and for the next round of Series A financing. SnapnSave is seeking the support of both domestic and international investors to help with its ambitious growth plans.
SnapnSave was bought by Kalon Venture Partners, an ex-grotech and Smollan Group SA (a retail solutions company). The deal was announced this week, and both companies put in R7 million in the startup. SnapnSave is a mobile app that allows consumers to snap a photograph of their receipt to get cashback on their favorite products.
Sun Exchange
Solar cell projects are an excellent source of income through investment in the Sun Exchange. Based on the size of the project an individual can invest as small as ZAR60 or even less, and the minimum investment is as low as ZAR80. Some people use solar cells to generate an annuity income, while others view it as a means to make a difference. They are part of a new trend of investing for social benefit which is gaining popularity among millennials and the generation Z. Sun Exchange uses Bitcoin to pay for transactions that are small in size.
The South African startup Sun Exchange recently raised US$2.5 million from UK-based private equity firm ARCH Emerging Markets Partners and closed a R67-million Series A financing round. This technology lets anyone buy solar cells and lease them out to businesses, schools, and other organizations around the world. It has been vital in bringing solar power to hundreds of businesses and schools across South Africa. After raising $4 million in Series A financing and plans to expand internationally.
Online payment system Sun Exchange
The Sun Exchange is an innovative company that makes use of bitcoin to expand the availability of solar energy in South Africa. Sunex allows customers to purchase solar cells and receive returns either 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 only $5 on the website in solar cells. All transactions are done in South African Rand or Bitcoin.
The Sun Exchange is an online payment platform that allows individuals and businesses to earn solar-powered dollars by leasing them to customers. The platform is part of a consortium that includes billionaire Patrice Mtsepe. It plans to expand into other African countries. The company has raised $1.4 million to support the work of a Zimbabwean fruit farmer. It claims to be the largest African crowdfunded project. Its goal is to help entrepreneurs and developers improve the lives of the people around the world through its technology.