Learn how to validate your startup idea by pre-selling it, for only $80 (includes a free 1-hour consultancy call).
The Perfect Pitch Deck
Download Our Free Guide: The Perfect Pitch Deck

This free eBook goes over the 10 slides every startup pitch deck has to include, based on what we learned from analyzing 350+ pitch decks, including those from Airbnb, Uber and Spotify.

The Founder's Handbook
Get Free Access to The Founder's Handbook

This free Notion document contains the best 100+ resources you need for building a successful startup, divided in 4 categories: Fundraising, People, Product, and Growth.

100 Accelerators & Incubators
Download Our List of The Top 100 Accelerators & Incubators

This free sheet contains 100 accelerators and incubators you can apply to today, along with information about the industries and stages they generally invest in.

VC Firm Lead Magnet
Download Our List of The Top 100 Venture Capital Firms

This free sheet contains 100 VC firms, with information about the countries, cities, stages, and industries they invest in, as well as their contact details.

100 Top Unicorns
Download The List of the 100 Highest-Valued Unicorns

This free sheet contains all the information about the top 100 unicorns, including their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

9 Venture Capital Firms in South Africa

By 
Nicolás Cerdeira
 | 
Updated: 
October 31, 2022
 | 
Early StepsFundsPeopleProductFailureStoriesGrowthReviewsResourcesVC Firms

Ad

DesigninDC's Black Logo

Design In DC is a creative agency that builds quality websites for small businesses. You’ll get what you pay for!

Finding the right VC firm or investor isn’t easy. Some will provide mentorship and operational expertise. Others will only provide you with the capital.

Here’s a list of the top venture capital firms in South Africa so that you can find an investor that fits you and your startup.

9 Venture Capital Firms in South Africa

1) Plug and Play Tech Center

Plug and Play Tech Center

Plug and Play provides an array of services including accelerators, mentorships, and capital to entrepreneurs of all backgrounds.

Details of the VC firm:

  • Country: USA, Canada, Brazil, United Arab Emirates, Netherlands, Belgium, Spain, Switzerland, Morocco, Germany, Turkey, South Africa, Italy, France, China, Japan, South Korea
  • City: Chicago, Cleveland, Detroit, São Paulo, Topeka, Toronto, Abu Dhabi, Amsterdam, Antwerp, Barcelona, Basel, Ben Guerir, Cairo, Geneva, Hamburg, Istanbul, Johannesburg, Madrid, Milan, Munich, Paris, Bangkok, Beijing, Kyōto, Ōsaka, Seoul, San Francisco
  • Started in: 2006
  • Founders: Ali Safavi, Jackie Hernandez, Saeed Amidi
  • Industries: DTC, Enterprise, Fintech, Food & Beverage, Healthcare, InsurTech, IoT, Media, Transportation, Hardware, Proptech & Real Estate, Supply Chain & Logistics, Climate & Sustainability, Travel & Hospitality, Agriculture, Energy
  • Stages: Early Stage, Series A, Series B, Series C
  • Minimum check size: $50,000
  • Maximum check size: $250,000
  • Number of investments: 1447
  • Number of exits: 140
  • Funds raised: $45,500,000
  • 3 remarkable investments: Truebill, Honey, Life360

You can find their website here.

You can send them an email at investment@plugandplaytechcenter.com.

2) Enterprise Ireland

Enterprise Ireland

Enterprise Ireland is a government organisation that provides investment support and opportunities for founders looking to build their businesses in Ireland.

Details of the VC firm:

  • Country: Ireland, Germany, Hungary, Denmark, France, Netherlands, Italy, Sweden, Spain, Czechia, United Kingdom, Belgium, Poland, Brazil, USA, Canada, United Arab Emirates, Australia, China, Japan, Singapore, Vietnam, India, South Korea, Saudi Arabia, Nigeria, South Africa, Kenya
  • City: Dublin, Düsseldorf, Budapest, Paris, Amsterdam, Milan, Stockholm, Madrid, Prague, London, Brussels, Warsaw, São Paulo, Austin, Toronto, New York, Dubai, Sydney, Hong Kong, Tokyo, Singapore, Ho Chi Minh City, Beijing, Mumbai, Seoul, Riyadh, Lagos, Johannesburg, Nairobi, Shannon, København
  • Started in: 1998
  • Industries: Life Sciences, Industrial
  • Stages: Pre-Seed, Seed, Series A, Series B, Series C
  • Maximum check size: €50,000
  • Number of investments: 686
  • Number of exits: 78
  • Funds raised: €216,100,000
  • 3 remarkable investments: Profitero, Immersive VR Education, Invinity Energy Systems PLC

You can find their website here.

You can send them an email at equitydept@enterprise-ireland.com.

3) Naspers

Naspers

Naspers is a global corporate venture fund investing in internet businesses across the Americas, Africa, Europe, and Asia.

Details of the VC firm:

  • Country: South Africa
  • City: Cape Town
  • Started in: 1915
  • Founders: Attorney W. A. Hofmeyr
  • Industries: Supply Chain & Logistics, Fintech, Travel & Hospitality, Education, Healthcare, Social, Internet & Mobile
  • Stages: Early Stage, Late Stage
  • Number of investments: 113
  • Funds raised: $125,000,000
  • 3 remarkable investments: Avito, Brainly, BYJU'S

You can find their website here.

You can send them an email at communications@naspers.com.

Ad

DesigninDC's Black Logo

Design In DC is a creative agency that builds quality websites for small businesses. You’ll get what you pay for!

4) Blenheim Chalcot

Blenheim Chalcot

Blenheim Chalcot is a UK investment firm providing capital and support to founders to build and scale profitable businesses.

Details of the VC firm:

  • Country: India, USA, United Kingdom, South Africa
  • City: Mumbai, London, Cape Town, St. Petersburg
  • Started in: 1998
  • Founders: Charles Mindenhall, Manoj Badale
  • Industries: Industrial, Government Technology, Internet & Mobile, Education, Fintech, Media, Proptech & Real Estate, Sports
  • Stages: Early Stage
  • Number of investments: 58
  • Number of exits: 24
  • Funds raised: £400,000,000
  • 3 remarkable investments: Modulr, Tully, Instrumental

You can find their website here.

You can send them an email at info@blenheimchalcot.com.

5) Knife Capital

Knife Capital

With offices in Cape Town and London, Knife Capital accelerate African companies looking to expand internationally.

Details of the VC firm:

  • Country: South Africa, United Kingdom
  • City: London, Cape Town
  • Started in: 2010
  • Founders: Andrea Bohmert
  • Industries: Cloud, AI & ML, Education, IoT, SaaS, Food & Beverage
  • Stages: Late Stage, Growth
  • Number of investments: 41
  • Number of exits: 12
  • Funds raised: £50,000,000
  • 3 remarkable investments: Octiv, East Yorkshire, d6 Group

You can find their website here.

You can send them an email at info@knifecap.com.

6) 4Di

4Di

Based in South Africa, 4Di Capital invests in technology companies with the potential for high growth.

Details of the VC firm:

  • Country: South Africa
  • City: Cape Town
  • Started in: 2009
  • Founders: Justin Stanford
  • Industries: InsurTech, Fintech, Healthcare
  • Stages: Seed, Early Stage
  • Number of investments: 38
  • Number of exits: 12
  • Funds raised: $27,000,000
  • 3 remarkable investments: Talk360, InvestSure, Wasoko

You can find their website here.

You can send them an email at info@4dicapital.com.

7) Kalon Venture Partners

Kalon Venture Partners

Kalon Venture Partners is a late-stage venture capital providing growth equity to African companies.

Details of the VC firm:

  • Country: South Africa
  • City: Johannesburg
  • Started in: 2016
  • Founders: Clive Butkow
  • Industries: Transportation, AR & VR, AI & ML, SaaS, Productivity, Marketing
  • Stages: Growth
  • Number of investments: 19
  • Number of exits: 1
  • Funds raised: $17,500,000
  • 3 remarkable investments: GoMetro, Sendmarc, Ozow

You can find their website here.

You can send them an email at info@kalonvp.com.

8) Newtown Partners

Newtown Partners

With offices in South Africa and the US, Vumela invests in early-stage tech companies.

Details of the VC firm:

  • Country: South Africa
  • City: Cape Town
  • Started in: 2009
  • Founders: Heather Lowe
  • Industries: Supply Chain & Logistics, Fintech, IoT, AR & VR, Agriculture, AI & ML, Robotics
  • Stages: Seed, Series A, Early Stage
  • Number of investments: 19
  • Number of exits: 3
  • Funds raised: $2,300,000
  • 3 remarkable investments: Lami, Shypple, MDaaS Global

You can find their website here.

You can send them an email at info@newtownpartners.com.

9) Kingson Capital

Kingson Capital

Kingson Capital is an African venture capital investing in founders with global ambition to expand into the US market.

Details of the VC firm:

  • Country: South Africa, USA
  • City: Johannesburg, San Francisco, Durban
  • Started in: 2016
  • Founders: Gavin Reardon
  • Industries: AI & ML, Big Data & Analytics, Healthcare, Consumer, SaaS, Crypto & Blockchain, Climate & Sustainability
  • Stages: Early Stage
  • Number of investments: 8
  • Number of exits: 3
  • 3 remarkable investments: Enlabeler, HealthCloud, TrackBox

You can find their website here.

You can send them an email at gavin@kingsoncapital.com.

The All-In-One Newsletter for Startup Founders

Every week, I’ll send you Failory’s latest interviews and articles and 3 curated resources for founders. Join +25,000 other startup founders!