There are many resources to help you find investors in South Africa. These include Angel Investment Network, Team Africa Ventures, Naspers Foundry and Mnisi Capital. These are all excellent options to get funding for your business. Here are some of the most sought-after places to find investors in South Africa. Whatever industry you’re in, there’s an South African investor out there that can help fund your business.
Angel Investment Network
The South African Angel Investment Network (SABAN) is an investment platform with more than 29,000 investors and an investment capital of 8 trillion Rand. It is focused on South Africa and features investors from all over the continent looking for an efficient business model that is scalable. It also gives entrepreneurs the chance to connect with potential investors who are looking to offer a percentage of their capital in exchange for an equity stake. The benefits of using this platform for business startup financing include the absence of any conditions and the possibility of using the money to expand, and there is no credit check required.
The rise of angel investing in Africa has been remarkable and the country is home to an abundance of angel investor networks. These networks are a growing business with more investors pooling their resources in order to invest in startups in the early stages. The ABAN website lists 10 local angel investors, and additional will be added in the near future. There are a variety of reasons this is true, but the benefits of an South African angel investor network are evident.
Team Africa Ventures
A team of Hollywood celebrities and businessman Daniel Guasco co-founded the early-stage investment fund TeamAfrica Ventures. The fund was founded in 2011 and the fund invests in tech-driven companies with passionate founders from Southern Africa. The company also aims to help its entrepreneurs become better individuals and measure their success by the level of satisfaction they have of the businesses they establish. Click2Sure is the first investment.
Another fund manager for venture capital is KnifeCap, a Southern African growth equity fund manager that is focused on growth and job creation. They are committed to finding innovative businesses that meet the needs of Africa. 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 is based in Cape Town and invests in South Africa.
Thandeka Isaba holds a Business Science degree in finance and accounting and has worked in corporate roles. While developing GlamAlly, how to get investors in south africa she also worked for a variety of companies. She also worked on an incubator program designed for emerging tech startups. She saw the catalytic power of business and aspired to make entrepreneurship an opportunity for good. Despite these difficulties, how to get funding for a business 60% of South Africa’s tech entrepreneurs are black.
The Naspers Foundry is a South African investor that you could be looking for. The global Internet investment company invests in startups that tackle large-scale social needs. The strategy of investment at Naspers Foundry is to focus on early-stage companies with the potential for high growth. The founders of companies that are part the Naspers Foundry network get 10-30 percentage stakes.
While Naspers Foundry doesn’t invest in startups outside of South Africa, its parent company does. The recent acquisition by Naspers of Webuycars, worth $94 million, could help South Africa’s tech industry to explode. In the past, South Africa was the undisputed leader in venture capital, but was soon overshadowed its rivals Nigeria and Kenya. With this fund, Naspers might change the leadership in startup financing back to South Africa.
Recent investments by The Naspers Foundry include a R45million investment in The Student Hub, which is a Cape Town-based platform that offers earned-wage access. This is the third fintech investment by Naspers Foundry. It has already completed nine transactions since it was launched in 2019.
Mnisi Capital is a potential investment if you are in need of funding for your business. The South African investment company was founded on November 4, 2020. Its identification number is K2020847462. They work with companies in many different sectors, including agribusiness fast-moving consumer goods and SME. Mnisi is committed to serving the interests of African communities as well as the ASM industry.
South Africa’s startup ecosystem is among the most advanced on the continent. There are more investors than ever. The government of South Africa has created a variety of incentives to help local entrepreneurs get international attention. Angel investors are playing an important role in expanding the pool of investable companies in the country. They provide vital sources and networks to early-stage companies, allowing them to access capital to grow their businesses.
If you’re looking for a seed or early-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 startups and companies at the beginning of their stages in the enterprise, web and mobile sectors. Its goal is to nurture promising start-up companies and assist them in scaling. Its portfolio includes 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 company has been operating for more than ten years and invests in growth and early stage tech startups. The company has made investments in companies including Aerobotics and Lumkani. Aerobotics has a patent application for drones that aid firefighters find shack fires. Lumkani has developed an app that allows users how To Get funding for a business pay and distribute 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 has seen rapid growth since its launch in 2015. With over 350 000 users and 1.5 million till slip submissions, the app has generated more than ZAR14 million in rewards. The company is currently expanding its reach to Nigeria, as well as other African and Asian markets. This latest funding will be used to expand the customer base and to move towards an A round of Series A. SnapnSave is seeking funding from international and domestic investors to support its ambitious growth plans.
Kalon Venture Partners, the former Grotech, and Smollan Group SA, a retail solutions company, have invested in SnapnSave. The deal was announced late this week, and both companies made an investment of R7 million into the startup. The SnapnSave app is designed to offer customers cashback on their purchases by allowing them snap an image of their checkout slip and receive a percentage of the price off the purchase.
The investment in the Sun Exchange can be a ideal method for solar cell projects to earn income. One can invest as little as up to ZAR60 depending on the size of the project. The minimum investment amount is ZAR80. Some people are using the solar cells as a form of annuity, while others view it as a way to do social good. These people are part an emerging trend of investing to benefit social causes that is growing in popularity among millennials and the generation Z. The Sun Exchange uses Bitcoin as an option for payment 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. This technology allows anyone to purchase solar cells and lease them to businesses, schools and other organizations around the world. It has been essential in providing solar power to a number of schools and businesses across South Africa. After securing $4 million in Series A funding the company 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 cells and receive returns in bitcoin or South African Rand. They also sell surplus solar power to schools in South Africa. What is The Sun Exchange work? The website lets users invest in solar cells starting at just $5. All transactions occur in South African Rand or Bitcoin.
The Sun Exchange is an online payment system that allows people and businesses to earn solar-powered dollars by leasing them to customers. The platform plans to expand into other African countries and is backed by an investment firm of billionaire Patrice Motsepe. The company recently raised $1.4 million for an Zimbabwean fruit producer. It claims to be the largest crowdfunded project in Africa. Its mission is to support entrepreneurs and developers in improving the lives of people across the globe by using its technology.