There are many resources available to assist you in finding investors in South Africa. These include Angel Investment Network and Team Africa Ventures, Naspers Foundry and Mnisi Capital. These are all excellent options to source funding for your company. Below are some of the most sought-after places to find South African investors. No matter what field you're in there are investors out there who can offer funding for your company.
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 is focused on South Africa and includes investors from all continents that are looking to launch a scalable business. Entrepreneurs can meet potential investors who are willing to offer a portion of their capital in exchange for an equity stake. The benefits of this network for financing business startups include the absence of strings attached, the ability to use the funds to grow, and no credit check required.
Africa has seen a remarkable rise in the number of angel investors. There are many angel investor networks. These networks are growing in business with more investors pooling their resources in order to invest in startups in the early stages. The ABAN website contains a list of 10 local angel investors and many more are likely to be developed in the near future. There are many reasons why this is the case, but the advantages of a South African angel investor network are evident.
Team Africa Ventures
TeamAfrica Ventures, an early-stage investment fund, was co-founded by Daniel Guasco and other Hollywood stars. The fund was founded in 2011 and invests into tech-driven businesses with passionate founders from Southern Africa. The company also aims to help entrepreneurs grow and be proud of the companies they have created. The company 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 focuses on job creation and expansion. They are committed to finding innovative businesses that meet the requirements of Africa. The strong management teams are essential to their investments. They are passionate about the continent. Team Africa Ventures has five current team members and two funds under management. Team Africa Ventures is based in Cape Town and invests in South Africa.
Thandeka Xaba holds a Business Science degree and has held positions in corporate. GlamAlly was her first venture. She also worked for various companies and helped to develop an incubator program to new tech startups. She was able to see the positive impact of business and decided to employ entrepreneurial skills to assist others. Despite these challenges 60 percent of South Africa's tech entrepreneurs are black.
Naspers Foundry
If you're looking for an South African investor, you might be trying to figure out how to connect with the Naspers Foundry. The global Internet investment company invests in businesses that address big societal needs. The strategy of investment at Naspers Foundry is to focus on early-stage businesses with the potential for high growth. The founders of companies that are members 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 which is worth $94 million, could see South Africa's tech scene explode. 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 top spot in startup financing back to South Africa.
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 by Naspers Foundry. Since its launch in the year of 2019, it has completed nine transactions.
Mnisi Capital
If you're looking for financing for your business, you can look into Mnisi Capital as a potential investment. The South African investment company was founded on November 4, 2020. Its identification number is K2020847462. They work with companies across a range of sectors, including agribusiness, fast-moving consumer goods and SMEs. Mnisi is committed to serving the interests of African communities as well as the ASM industry.
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 to help local entrepreneurs find international talent. Angel investors play an important role in expanding the number of investable businesses in the country. They provide essential services and networks for 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 investment company. The company is based out of Cape Town and invests in early-stage and seed companies in the enterprise, web business funding and mobile industries. Its mission is to support promising start-up companies and assist them in growing. Its portfolio comprises 19 companies. 4Di invests in companies at the beginning of their development and focuses on growth-oriented sectors like FinTech health-care,, and Insuretech.
The firm has been in operation for over 10 years and invests in early-stage and growth-stage tech startups. The company has invested in companies such as Aerobotics, Lumkani, and others. Aerobotics has a patent for drones that aid firefighters detect shack fires and Lumkani has developed an application that allows individuals to pay for and provide goods to people in need. With over $1 billion worth of invested funds, 4Di Capital has made an impression on the local tech scene.
Snapnsave
SnapnSave has seen rapid growth since its launch it was launched in the year 2015. With over 350 000 customers and 1.5 million till slip submissions The app has earned over ZAR14 million in rewards. The company is currently expanding to Nigeria as well as other African and Asian markets. The latest round of funding will be used to build the user base and advance to a Series A round. SnapnSave is looking for the support of both international and domestic investors to support its ambitious growth plans.
Kalon Venture Partners, the former Grotech, and Smollan Group SA, a retail solutions business has invested in SnapnSave. The deal was announced this week, and the two companies each put in R7 million into the startup. SnapnSave is a mobile application that allows consumers to snap a photo of their receipt to earn cashback on the products they love.
Sun Exchange
Investment in the Sun Exchange can be a great way for solar cell projects to earn income. An individual can invest as little or up to ZAR60 depending on the size of the project. The minimum investment amount is ZAR80. Some people use the solar cells to earn an annuity income, while others view it as a means to contribute to the cause. They are part of the new trend of investing for social good that is growing in popularity in the millennial generation and generation Z. The Sun Exchange uses Bitcoin as an alternative to pay for transactions of a small amount.
Sun Exchange, a South African startup, recently raised US$2.5million from the UK-based private equity firm ARCH Emerging Markets Partners. It also closed a R67 million Series A financing round. This technology allows anyone to purchase solar panels and lease them to schools, businesses and other organizations around the world. It has been crucial in bringing solar energy to numerous businesses and schools 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 uses bitcoin to improve the availability of solar energy in South Africa. Through Sunex customers can purchase solar panels and receive their returns in bitcoin or South African Rand. They also sell excess solar energy back to South African schools. What is the way The Sun Exchange operate? Users can invest as only $5 on the website in solar cells. All transactions are done in South African Rands or Bitcoin.
The Sun Exchange is an online payment platform that enables individuals and companies to make solar-powered dollars by leasing them to customers. The company plans to expand into other African countries and is backed by an investment group part owned by billionaire Patrice Motsepe. The company has raised $1.4 million to help the needs of a Zimbabwean fruit farmer. It claims to be the largest crowdfunded project in Africa. Its goal is to aid developers and entrepreneurs in making life better for people from all over the world by using its technology.