If you're in search of investors in South Africa, there are a number of resources you can use. These resources include Angel Investment Network, Team Africa Ventures, Naspers Foundry, and Mnisi Capital. They're all great options to get funding for your business. Below are some of the most sought-after locations to find South African investors. Regardless of what industry you're in, there's a South African investor out there who can provide capital to your company.
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 focuses on South Africa and includes investors from across the globe who are seeking to establish a scalable business. Entrepreneurs can meet potential investors who are willing to offer a portion of their capital in return for an equity stake. The benefits of using this service for financing business startups include the absence of strings attached and the ability to use the funds to grow, and no credit checks required.
Africa has seen a dramatic rise in angel investing. There are numerous angel investor networks. These networks are a growing business, with more investors pooling their resources to invest in startups in the early stages. The ABAN website lists 10 local angel investors and they will add more in the future. While there are a variety of reasons to this but the benefits of an South African angel investment network are clear.
Team Africa Ventures
TeamAfrica Ventures, an early-stage investment fund, was co-founded by Daniel Guasco and other Hollywood stars. The fund was established in 2011 and invests in technology-driven businesses that have passionate founders from Southern Africa. The firm also strives to aid its entrepreneurs to become better people and measure results by how proud they are of the companies they create. The firm is located in Cape Town and has made one investment, Click2Sure.
Another manager of venture capital funds is KnifeCap, a Southern African growth equity fund manager whose focus is on growth and job creation. The team is committed to finding innovative companies that meet the needs of the continent. Strong management teams are integral to their investments. They are passionate about the continent. 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 earned a Business Science degree and has been employed in corporate positions. GlamAlly was her first venture. She also worked for different companies and was instrumental in helping to establish an incubator program for startups in the field of technology. She saw the catalytic power of business and wanted to use entrepreneurship as an opportunity to do good. Despite these challenges, 60% of South African'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 get in touch with the Naspers Foundry. This global Internet investment firm invests in startups that tackle major social issues. Naspers Foundry's philosophy of investing is to invest in businesses at an early stage with the potential for high growth. The founders of companies that are members of the Naspers Foundry network get 10-30% stakes.
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 help the South African tech scene take off. South Africa was once the undisputed leader of venture capital. However it was soon replaced by Kenya and Nigeria. This fund could be the catalyst for Naspers to take over the lead in startup funding.
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 Naspers Foundry's third fintech investment. Since its beginning in 2019 it has completed nine transactions.
Mnisi Capital
Mnisi Capital is a potential investment if you need funding for your business. This South African investment firm was established on the 4th of November 2020. Its identification number is K2020847462. They collaborate with companies from a range of sectors such as agribusiness and fast-moving consumer products as well as small and medium-sized enterprises. Mnisi is committed to helping to advance the interests of African communities and the ASM sector.
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 set up a variety of incentives that encourage local entrepreneurs to attract international talent. Angel investors are playing a pivotal role in growing the pool of investable companies in the country. They can provide vital networks and resources to early stage companies, 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 based out of Cape Town and invests in early-stage and seed companies in the web, enterprise and mobile sectors. Its aim is to help nurture promising startups and assist them in scaling. Its portfolio includes 19 companies. In addition to investing in early stage companies, 4Di focuses on sectors that have high growth potential, such as FinTech, health-care, and insuretech.
The firm has been in business for more than 10 years and invests in growth-stage and early-stage tech startups. The company has invested in companies like Aerobotics, Lumkani, and other companies. Aerobotics has a patent application for a drone that helps firefighters identify shack fires. Lumkani has developed an application that allows people to pay and supply goods to people in need. With over $1 billion in invested funds, 4Di Capital has made an impressive impression on the local tech scene.
Snapnsave
SnapnSave has seen rapid growth since its debut in 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. This latest round of capital will be used to build the customer base and move towards the Series A round. SnapnSave is seeking investment 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, have invested in SnapnSave. In a deal they announced last week both companies have made an investment business funding of R7 million each in the start-up. SnapnSave is a mobile app that allows consumers to snap a photo of their receipt to get cashback on their favorite products.
Sun Exchange
Solar cell projects are an excellent way to earn income from investments in the Sun Exchange. Depending on the size of the project an individual can invest as small as ZAR60 or less and the minimum investment is as low as ZAR80. Some people are using solar cells as a type of annuity income while others see it as an act of social good. These people are part a new trend of investing in social causes which is growing in popularity among millennials and generation Z. The Sun Exchange uses Bitcoin as a form of payment 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 closed a R67-million Series A financing round. This technology allows anyone to purchase solar cells and lease them to businesses, schools and other organizations across the world. It has been instrumental in bringing solar power to many schools and businesses across South Africa. It plans to expand internationally after raising the $4 million Series A round.
Online payment system Sun Exchange
Sun Exchange is an innovative company that utilizes Bitcoin to improve the availability of solar energy in South Africa. Sunex lets individuals purchase solar cells and then receive the 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? Users can invest as just $5 on the website to purchase solar cells. All transactions are done in South African Rands or Bitcoin.
The Sun Exchange is an online payment system that permits individuals and companies to generate solar-powered dollars by leasing them out to customers. The platform is part of a group which includes billionaire Patrice Mtsepe. The company is planning to expand into other African countries. The company recently raised $1.4 million for a Zimbabwean fruit producer. It claims to be the biggest African crowdfunded project. Its aim is to help entrepreneurs and developers in making life better for people all over the world through its technology.