Athena Capital (Pty) Ltd is a venture capital and private equity firm based in Cape Town, South Africa, with additional offices in Johannesburg and London. Established in 2003, the firm specializes in investments across various stages, including early-stage and middle-market acquisitions, with a particular focus on sectors such as energy and resources, financial services, agribusiness, and manufacturing. Athena Capital primarily targets opportunities in Sub-Saharan Africa, Europe, and Scandinavia, seeking platform companies that can leverage government and development finance support. The firm aims to secure board representation in its portfolio companies and is also involved in financial advisory services, offering transaction advisory for private equity, mezzanine debt, and trade finance. The firm has an established track record and a clear focus on sectors that align with its investment strategy.

Enygma Ventures is a venture capital firm based in Cape Town, South Africa, established in 2019. It focuses on early-stage investments in women-led startups within the Southern Africa region. It describes itself as a purpose-driven investor that combines capital with tailored support, leveraging networks to provide expertise, mentorship, and access to local and overseas markets. The firm emphasizes flexible, efficient deployment of capital and aims to be a collaborative partner for entrepreneurs. Its investment thesis centers on diversity and inclusion, targeting sectors such as education and training services, consumer products including food and personal products, and consumer finance, with a preference for businesses that generate social impact alongside growth. The firm draws on experience across Africa, the United States, and Europe to help portfolio companies scale and access markets.

Knife Capital is an independent growth equity and venture capital firm based in Cape Town and London. Founded in 2010, it backs innovation-driven ventures with proven traction and helps them scale by accelerating international expansion beyond beachhead markets. Leveraging knowledge, networks, and funding, the firm supports entrepreneurial businesses across Africa to reach new markets and achieve product-market fit, guiding them from early traction to growth. Knife Capital has facilitated exits of local technology companies to major global buyers such as General Electric, Visa, Garmin, and Uber.

Established in 2020, University Technology Fund is a venture capital firm based in Stellenbosch, South Africa. It focuses on investing in pre-seed, seed, and series A rounds for startups originating from South African universities.

Established in 2009, 4Di Capital is a South African venture capital firm specializing in seed and early-stage investments in technology-focused sectors such as fintech, insurtech, healthtech, mobile, internet, and enterprise software. Based primarily in Cape Town with an additional office in Atlanta, Georgia, the firm invests between ZAR1 million to ZAR5 million, taking equity stakes ranging from 15% to 40%.

REdimension Capital is a Johannesburg-based financial services provider established in 2021, specializing in venture capital with a primary focus on the built environment. The company adopts an advisory-based approach to foster innovation and sustainability within the real estate sector. As a licensed entity operating under the Financial Advisory and Intermediary Services (FAIS) Act, REdimension Capital is committed to regulatory compliance and maintaining high professional standards. The firm aims to reshape the future of South African real estate by making strategic investments in PropTech and clean technology initiatives. By creating an ecosystem that accelerates innovation, REdimension Capital seeks to contribute to the development of a more sustainable and efficient built environment.

Goodwell Investments is an impact investment firm that provides early-stage to growth capital along with hands-on support to inclusive businesses in Africa and India. It targets sectors including financial services, energy, health, mobility, education, agriculture, water and sanitation, and other basic services that improve livelihoods. The firm seeks minority stakes and offers board representation and advisory services to help portfolio companies scale sustainably. Based in the Netherlands with offices in Amsterdam and Cape Town, it pursues a long-term investment horizon of approximately five to ten years and aims to generate solid financial returns alongside social impact.

Jozi Angels is an angel network located in Johannesburg, South Africa, dedicated to enhancing the startup ecosystem and fostering the growth of innovative startups. The organization connects approved investors with early-stage companies, providing both capital and mentorship tailored to the investors' professional backgrounds. By aggregating resources and expertise, Jozi Angels enables larger investments and diversifies risk while facilitating effective deal sourcing and screening. The network also emphasizes the importance of community among its members, encouraging camaraderie and shared goals. Through their initiatives, including investments, events, and educational opportunities, Jozi Angels actively contributes to the development of South Africa's emerging innovation economy.

Crossfin Technology Holdings is a principal investment firm based in Cape Town, South Africa, with additional offices in Durban and Johannesburg. Founded in 2017, the firm focuses on investing in Fintech companies, particularly those situated in Africa. Crossfin aims to foster economic growth by supporting both high-growth startups and established businesses that generate cash flow. The firm seeks to provide investors with diverse exposure to technology investments within the Fintech sector, contributing to the development and advancement of financial solutions across the African continent and beyond.

Established in 2016, Norrsken22 is a Cape Town-based investment firm focusing on growth-stage companies within the tech sector across Africa. The fund prioritizes investments in medtech, ed-tech, and fintech sectors, with a particular focus on key tech hubs such as Nigeria, Kenya, South Africa, and Ghana.

Silvertree Capital is a venture capital firm based in South Africa that focuses on incubation, seed, startup, and early-stage investments, primarily in the online and mobile sectors. The firm targets business models that are simple or proven, emphasizing B2C e-commerce and B2B2C sales while investing in growing markets across South Africa, Nigeria, and Kenya. Silvertree Capital utilizes the personal capital of its management and balance sheet investments to fund its initiatives. As a subsidiary of Silvertree Internet Holdings, it aims to leverage technology to efficiently reach African consumers, operating by launching, managing, and investing in companies that take advantage of the digital landscape. The firm seeks to create operational synergies among its portfolio companies, fostering a disciplined approach to capital efficiency and growth.

European Bank for Reconstruction and Development finances projects and provides advisory services to the public and private sectors. It supports new ventures and expansion in existing companies through project financing, loans, and equity or quasi-equity investments, including equity funds and guarantees, and it partners with private entities to invest across sectors such as banking, energy, manufacturing, infrastructure, information technology, and services. The bank also helps publicly owned entities privatize and restructure municipal services and engages in policy reform dialogue and advisory services, along with trade finance and loan syndication. Founded in 1990 and headquartered in London, it operates across regions including Southeastern and Central Europe, the Baltic States, Eastern Europe and the Caucasus, Central Asia, and parts of the Middle East and Africa, aiming to foster market-oriented change and private sector development by mobilizing capital for sustainable investments. It has invested more than €130 billion in over 5,200 projects.

Founded in 2015, Founders Factory is a global startup builder and investor focused on fintech, health, climate, and deeptech sectors. It provides catalytic capital and bespoke support to over 300 technology companies worldwide, fostering collaboration with corporates and established entrepreneurs.

Founded in 2019, Raba Partnership is a venture capital firm based in Cape Town, South Africa. It partners with founders of startups and companies building technology solutions for emerging ecosystems across Africa.

Founded in 2016, Kalon Venture Partners is a venture capital firm based in Johannesburg, South Africa. It invests in high-growth technology companies with innovative business models, focusing on sectors such as banking, insurance, retail, media, and entertainment.

Capaci.Tech is a venture capital firm and venture builder based in Johannesburg, South Africa, founded in 2018. The firm focuses on supporting Pan-African startups that leverage technology for growth, providing expertise in technology, marketing, and human resources. Capaci.Tech collaborates with partners to turn innovative ideas into successful businesses, ensuring that investments are backed by subject matter experts who assess the viability of the required capabilities. This approach provides investors and limited partners with confidence that their investments contribute meaningfully to the businesses they support. The team comprises seasoned investors, experienced entrepreneurs, and professional advisers with diverse backgrounds. Capaci.Tech has made investments and signed SAFE agreements with various companies incorporated in Delaware, Mauritius, and South Africa, including a notable equity investment in the chatbot specialist GotBot.co.za.

Savant Technology Incubator is a venture capital and incubator firm based in Cape Town, South Africa, founded in 2005. The firm focuses on the hardware technology sector, providing tailored business development support to early-stage companies. Savant collaborates with skilled science and technology inventors, assisting them in their startup growth journey. Through its investments and resources, Savant aims to foster innovation and entrepreneurship within the region's technology landscape.

88mph is a venture capital firm and accelerator founded in 2011, with headquarters in Nairobi, Kenya, and an additional office in Cape Town, South Africa. The firm specializes in seed and early-stage investments, primarily targeting the mobile-web sector. It focuses on English-speaking African countries, particularly Nigeria and South Africa, and typically invests up to $100,000 in startups. In addition to funding, 88mph offers a three-month accelerator program that provides startups with essential resources, including mentorship on product development, market strategies, company structure, and scalability. The firm aims to enhance the growth prospects of early-stage technology companies by leveraging its network of founders, investors, and industry professionals.

Secha Capital is a patient capital holding company based in Johannesburg, South Africa, focused on investing in small and medium-sized enterprises (SMEs) across the African continent. The company primarily targets early-stage ventures in industries such as agriculture, healthcare, cleantech, technology, and advanced manufacturing. Secha Capital aims to make investments ranging from approximately USD 0.35 million to USD 2 million, with a typical investment horizon of five to ten years. In addition to financial returns, the company emphasizes making impact investments that contribute to job creation and sustainable development in the regions it serves.

Inspired Evolution Investment Management is a Cape Town-based private equity and venture capital firm focused on sustainable environmental and energy technologies in Sub-Saharan Africa. It targets equity investments across multiple growth stages, often as a lead investor seeking significant minority or majority stakes and board representation. The firm concentrates on clean energy and resource efficiency, including energy generation, water treatment, waste management, green chemistry, and related sectors, with additional exposure to sustainable agriculture, ecotourism, and green real estate. The geographic focus spans Southern Africa and broader Sub-Saharan Africa, with activity in countries such as Ethiopia, Ghana, Kenya, Mozambique, Nigeria, Tanzania, Uganda, Zambia and neighboring states. Inspired Evolution operates through a multidisciplinary team to deliver returns aligned with social and ecological outcomes, and maintains offices in Cape Town and internationally in Grand Baie, Mauritius; Abidjan, Ivory Coast; Nairobi, Kenya; and London, United Kingdom.

Imvelo Ventures is a venture capital firm based in Sandton, South Africa, established in 2019 and managed by Capitec Bank. The firm focuses on investing in the services, energy, financial services, and information technology sectors. With a commitment to fostering innovation and growth, Imvelo Ventures aims to support emerging companies and drive economic development within these industries.

Alphawave Group is a venture capital firm based in Stellenbosch, South Africa, established in 1995. The firm focuses on investing in innovative technology businesses that have the potential for international scalability. With a portfolio of 16 companies, Alphawave Group employs over 375 individuals, including more than 175 engineers and developers. The firm's investment strategy emphasizes aligning and supporting talented individuals to foster commercial ideas tailored to their expertise. By sharing profits and experience from successful ventures, Alphawave Group aids in the incubation and growth of emerging businesses. The firm has a proven track record of expanding internationally, with over 50% of its portfolio companies successfully selling products abroad.

Anuva Investments is a private equity and venture capital firm based in Cape Town, South Africa, with a focus on turnaround investments. Established in 2015, the firm specializes in the small and medium enterprise sector, aiming to support companies that create jobs and foster economic growth. Anuva Investments also targets opportunities in the energy and solar sectors, leveraging potential tax incentives to enhance their investment strategy. Through its commitment to growth and expansion, the firm plays a significant role in revitalizing businesses and contributing to the local economy.

Based in Stellenbosch, South Africa, Angelhub Ventures is an early stage investment firm focused on supporting founders across Africa. They understand the unique challenges entrepreneurs face and provide backing tailored to each company's needs, aiming to build great businesses over the long term.

KNF Ventures is the venture capital arm of Knife Capital, based in Cape Town, South Africa. Founded in 2016, it provides equity funding to South African companies across sectors including software, information technology, healthcare, financial services and fintech, business products and services, as well as consumer and technology-enabled industries such as beverages, food and the Internet of Things.

Established in Cape Town, South Africa in 2017, Growth Grid Venture Capital Partners supports small and medium-sized enterprises (SMEs) by offering growth capital alongside mentorship, commercial networks, market access, and post-investment assistance to foster sustainable economic growth.

Uncovered Fund is a venture capital firm founded in 2019 and based in Tokyo, Japan. It targets early-stage startups and concentrates its investments in Kenya, Nigeria, and South Africa, spanning sectors such as retail, fintech, health tech, logistics, mobility as a service, agritech, and smart city initiatives.

Founded in 2021, Jedar Capital is a venture capital firm investing in early-stage startups operating across various sectors such as fintech, insurtech, healthtech, foodtech, B2B, SaaS, retail, e-commerce, logistics, supply chain, and marketplaces. The company focuses on emerging and frontier markets including the Middle East, Africa, and Emerging Asia.

Established in 2001, The Icehouse is a not-for-profit organization based in Auckland, New Zealand. It supports small and medium-sized enterprise owners and entrepreneurs by providing growth assistance. Backed by the New Zealand government, it focuses on helping Kiwi founders build global companies.

Shalamuka Capital is a private equity and venture capital firm based in Johannesburg, South Africa, specializing in mid-sized management buyouts, leveraged buyouts, development capital, and growth capital investments. Founded in 2004, the firm focuses on non-listed businesses with sustainable annual earnings exceeding R20 million. Shalamuka Capital does not invest in agriculture, mining (with exceptions for mining support services), property ventures, high-tech ventures, start-ups, or turnaround situations. The firm primarily targets middle market, later stage, and mid venture stages, making balance sheet investments to support its investment strategy.

Kingson Capital is a venture capital firm founded in 2016 and based in Durban, South Africa. The firm operates an early-stage venture capital fund known as Kingson Fund One, which focuses on investing in startups and early-stage companies. Kingson Capital primarily targets sectors such as communication technology, fintech, engineering, and healthcare. In addition to providing financial resources, the firm offers strategic guidance to help companies navigate their routes to market and achieve accelerated growth.

Transaction Capital specializes in non-deposit taking financial services, focusing on higher-risk market segments. It offers vehicle financing, customer management solutions via its fintech platform, business support finance for SMEs, accounts receivables collection, payroll and HR services, payment solutions, and personal credit information services. The company operates in South Africa and Australia, aiming to provide tailored financial solutions to underserved markets.

Invenfin is a growth capital investor and venture capital firm based in Stellenbosch, South Africa. Established in 2008, it provides funding across technology, food and beverage, and other fast-growing sectors.

Hasso Plattner Ventures (HPV) is a venture capital firm established in 2005 by Prof. Dr. h.c. Hasso Plattner, co-founder and former chairman of SAP. HPV invests in fast-growing, technology-driven companies, focusing on enterprise and infrastructure software in Germany, the USA, and, through its Africa affiliate, South Africa. The firm targets growth funding, early to mid-stage ventures, and expansion-stage companies, typically investing between ZAR 8 million and ZAR 50 million (approximately $0.78 million to $4.89 million) for a minority stake of 25% to 49%. HPV's support extends beyond financial commitments, acting as a strategic partner for its portfolio companies. The firm manages multiple funds, with HPV III being a €150 million fund focusing on enterprise and infrastructure software companies in Germany and the Silicon Valley.

Dazzle Angels is an angel investment group founded in 2018 and headquartered in Sandton, South Africa. The firm is dedicated to supporting female entrepreneurs by investing in South African registered businesses. With a focus on fostering gender diversity in the entrepreneurial landscape, Dazzle Angels aims to empower women-led ventures through financial support and mentorship, thereby contributing to the growth of the local economy.

CSC Upshot Ventures is a Palo Alto-based venture capital firm founded in 2015 that backs seed and early-stage technology companies. It focuses on enterprise software, artificial intelligence, healthcare, fintech, and marketplaces, and operates with a global reach across the United States, Canada, Europe, South America, and South Africa.

Founded in 2014 and headquartered in Cape Town, South Africa, Newtown Partners is an early-stage venture capital firm focused on investing in emerging technology startups. Led by successful entrepreneurs Vinny Lingham and Llew Claasen, the firm supports disruptive businesses with a strong track record of nurturing companies from ideation to market leadership.

HBD Venture Capital, established in 2000, is a South Africa-based private equity and venture capital firm. It specializes in growth capital, early stage, and late stage investments, focusing on mature and middle market companies. HBD typically invests between ZAR 10 million and ZAR 25 million, seeking minimum equity stakes of 25% and aiming to acquire a board seat in its portfolio companies. The firm prefers to exit investments within three to five years. It does not invest in sectors such as tobacco, armaments, gambling, real estate, insurance, finance, mining, morally objectionable activities, and agriculture. HBD Venture Capital is headquartered in Durbanville, South Africa.

The Delta is a venture capital firm established in 2015 and based in Cape Town, South Africa. It focuses on supporting promising ventures in the information technology services and software as a service (SaaS) sectors. The Delta provides not only capital but also essential infrastructure and a skilled team to help these ventures succeed and make a significant impact in their respective markets. Through its comprehensive approach, The Delta aims to foster innovation and growth within the technology landscape.

Samurai Incubate Co., Ltd. is an accelerator and venture capital firm specializing in incubation, seed, startup, early stage investments and series A investments. The firm prefers to invest in finance, insurance, logistics, medical and healthcare, retail, EC, energy, agriculture, transportation, mobility, entertainment sector, web, mobile, and software related industry. It usually invests in early-stage startups in the areas of management, marketing, sales, human resources, and finance. The firm seeks to invest across African countries, Kenya, South Africa, Nigeria, Israel and Japan. It typically invests between JPY5 million to JPY50 million yen in the portfolio company. Samurai Incubate Co., Ltd. was established in March 14, 2008 and is based in Tokyo, Japan with additional offices in Israel, Nigeria, Kenya, South Africa, and Shenzhen, China.

Established in 2021 and headquartered in Cape Town, Seed South Capital is a venture capital firm focused on investing in early-stage technology companies across South Africa. The firm aims to transform these enterprises into Broad-Based Black Economic Empowerment (B-BBEE) compliant businesses, fostering a new generation of youthful entrepreneurs.

Founded in 2016, Platform Investment Partners is a venture capital firm headquartered in Johannesburg, South Africa, with operations in Charlotte, North Carolina. The company specializes in growth equity investments, focusing primarily on the telecommunications and technology sectors.

Cardo Health is a digital health company focused on enhancing the health and well-being of individuals in emerging markets. The company identifies and invests in promising early-stage digital health startups within these regions, providing them with funding, scalable technology, and operational expertise. This approach aims to cultivate local leaders in digital health by leveraging innovative solutions tailored to specific market needs. Cardo Health has co-owned companies in various countries, including Kena Health in South Africa, PROSPERiA in Mexico, Vibe Saude in Brazil, and doc-doc in Colombia, each dedicated to advancing healthcare accessibility and quality in their respective markets.

ThinKuvate, founded in 2015 and headquartered in Singapore, is an early-stage startup investment firm focusing on B2B and B2B2C startups across industries such as Health-Tech, Fintech, IoT, AI-ML, consumer-tech, and marketing tech. It considers ideas outside these sectors if they pass its evaluation process.

Founded in 2020, Hassium Capital is a venture capital firm based in Randburg, South Africa. It invests in innovative startups with international growth potential across various sectors including digitalization, remote work, web3, online shopping, consumerization, tech-enabled healthcare, renewable energy, recycling, and industrial applications.

Grand View Capital is a venture capital investment firm established in 2016 and based in Shanghai, China. It specializes in supporting entrepreneurs in their growth and success within the global market. The firm has developed the "ALLIN Go-Oversea market" brand, leveraging extensive resources and connections across various markets to enhance its portfolio companies. Grand View Capital primarily invests in the mobile internet sector, targeting Seed, Pre-A, and Series A funding rounds. Its investment focus spans several subsectors, including social media, logistics, media, news, and fintech. As of 2018, the firm has built a diverse portfolio with over 30 investments across regions such as the United States, South Asia, South Africa, India, and Mexico.

Established in 2020, Seedstars Africa Ventures is an early-stage venture capital firm based in South Africa. It focuses on investing in high-growth companies active across Sub-Saharan Africa, targeting sectors such as utilities, healthcare, education, cleantech, financial inclusion, and digital innovation.

Founded in 2020, IsimoVest is a South Africa-based venture capital firm focused on investing in early-stage, high-potential startups and small to medium enterprises across Africa. The firm supports sustainable, technology-driven businesses with strong intellectual property assets, aiming to facilitate market access and operational scaling.

Established in 2019 and headquartered in Cape Town, South Africa, Enso Equity is a venture capital firm that focuses on investing in alternative asset classes.

Founded by the co-investors of trivago, Monkfish Equity invests in over 50 start-ups globally, focusing on later-stage companies. They leverage their entrepreneurial experience to benefit portfolio companies and offer low-maintenance support.