There are many resources available to help you find investors in South Africa. These include Angel Investment Network, Team Africa Ventures, Naspers Foundry, and Mnisi Capital. They’re all great ways to find funding for your business. Here are some of the most popular sites to find investors in South Africa. Whatever industry you are in there are investors that can provide capital for your venture.
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 who are looking to launch a scalable business. It also gives entrepreneurs the chance to connect potential investors who are looking to provide a percentage of their capital in exchange for equity stakes. The advantages of using this platform for business startup financing are the lack of strings attached, the ability to use the funds for growth and no credit checks required.
Africa has seen a remarkable rise in angel investing. There are many angel investor networks. These networks are a growing industry in South Africa, with more investors pooling their funds to invest in early stage ventures. The ABAN website lists 10 local angel investors and more will be added in the near future. While there are several reasons for this but the benefits of an South African angel investment 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 help its entrepreneurs become better people and measure their progress by How to Get Investors proud they are of the businesses they build. The company is located in Cape Town and has made one investment, Click2Sure.
KnifeCap is another venture capital fund manager. This Southern African growth equity fund manager is focused on job creation and expansion. The team is committed to finding businesses that are innovative and meet the demands of the continent. Their investments are supported 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 Xaba holds a Business Science degree and has held corporate positions. While building GlamAlly, she also worked for a variety of companies. She also worked on an incubation program for emerging tech startups. She witnessed the catalytic effects of business and decided to make entrepreneurship an agent to do good. Despite these challenges 60% of South Africa’s tech entrepreneurs are black.
The Naspers Foundry is a South African investor that you may be searching for. This global Internet investment company invests in businesses that address big societal needs. Naspers Foundry’s investing philosophy is to invest in companies in the early stages which have the potential for high growth. The founders of the companies that are part of the Naspers Foundry network receive 10-30% stakes in their companies.
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. South Africa was once the undisputed leader of venture capital. However, it was soon overtaken by Kenya and Nigeria. With this fund, Naspers may change the leadership in startup financing back to South Africa.
Recent investments made by the Naspers Foundry include a R45million investment in The Student Hub, which is a Cape Town-based platform for earned-wage access. This investment marks Naspers Foundry’s third fintech investment. It has already completed nine transactions since it was launched on January 1, 2019.
Mnisi Capital is a potential investment if you require funding for your business. This South African investment company was established on the 4th of November 2020. Its identification number is K2020847462. They work with companies from a range of sectors that include agribusiness as well as fast-moving consumer goods as as SMEs. Mnisi is dedicated to advancing 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 has 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 an important part in expanding South Africa’s investment pipeline. They can provide essential resources and networks for companies in the early stages, and help them to access capital to expand their business.
4Di Capital is a South African seed and early-stage technology investment company. Located in Cape Town, the company makes seed and early stage investments in companies in the enterprise software, web and mobile sector. Its purpose 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 which include FinTech health-care, finance, and insurance technology.
The firm has been in operation for more than 10 years. It invests in tech startups at both the beginning and the growth stages. The firm has invested in companies like Aerobotics, how To get investors Lumkani, and others. Aerobotics holds a patent that allows drones that can detect shack fires. Lumkani has developed a system that lets people pay for and deliver goods to those most in need. With over $1 billion in invested funds, 4Di Capital has made an impression on the local tech scene.
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 generated over ZAR14 million in rewards. The company is currently expanding to Nigeria and other African and how to Get investors Asian markets. The money will be used to fund user growth as well as the next round of Series A financing. SnapnSave is seeking funding from both domestic and international investors to help with its ambitious growth plans.
Kalon Venture Partners, the former Grotech, and Smollan Group SA, a retail solutions company has invested in SnapnSave. The deal was announced this week, and the two firms each made an investment of R7 million in the startup. SnapnSave is a mobile app that allows consumers to snap a photograph of their cash slip to earn cashback on their favorite products.
The investment in the Sun Exchange can be a excellent option for solar cell projects to generate income. One can invest as little as as much as ZAR60 depending on the size of the project. The minimum investment is ZAR80. Some people use solar cells to generate an annuity income, how to get funding for a business while others view it as a means to make a difference. These people are part a new trend of investing in social causes that is growing in popularity among millennials and generation Z. Sun Exchange uses Bitcoin to pay for small transactions.
The South African startup Sun Exchange recently raised US$2.5 million from the UK-based private equity firm ARCH Emerging Markets Partners and completed a R67 million Series A funding round. The technology lets anyone purchase solar panels and lease them to schools, businesses as well as other organizations across the globe. It has been crucial in the introduction of solar power to numerous schools and businesses across South Africa. It plans to expand internationally following the raising of the $4 million Series A round.
Online payment system Sun Exchange
The Sun Exchange is an innovative company that makes use of bitcoin to expand access to solar energy in South Africa. Sunex allows customers to purchase solar panels and receive a return in bitcoin or South African Rand. They also sell excess solar power back to schools in South Africa. How does The Sun Exchange work? The website allows users to invest in solar cells for as little as $5. All transactions occur 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 planning to expand into other African countries and is backed by an investment company owned by billionaire Patrice Motsepe. The company raised $1.4 million to support the efforts of a Zimbabwean fruit farmer. It claims to be the largest crowdfunded project in Africa. Its aim is to assist developers and entrepreneurs improve the lives of the people around the world with its technology.