This article showcases our top picks for the best South Africa based Venture Capital companies. These startups and companies are taking a variety of approaches to innovating the Venture Capital industry, but are all exceptional startups and companies well worth a follow.
We tried to pick companies across the size spectrum from cutting edge startups to established brands.
We selected these startups for exceptional performance in one of these categories:
- Innovative ideas
- Innovative route to market
- Innovative product
- Exceptional growth
- Exceptional growth strategy
- Societal impact
Top South Africa Venture Capital Companies
Establishment and mission: In 2000, successful businessman and philanthropist, Mr. Gavin Varejes established Richmark Holdings, currently ranked among South Africa’s most prominent investment funds and a strong proponent of creating economic and social change in the region.
Mr. Varejes’ fund began as a venture capital firm committed to assisting innovative and promising start-up companies within the telecommunications sector.
Among Richmark’s first investments were: Vo-Call Cellular (Pty) Ltd, which provides mobile phones, recharge vouchers, starter plans and data services across Southern Africa; and Cellfind (Pty) Ltd, a communications venture that Richmark has since exited. Transition: In the years following its establishment, Richmark Holdings transitioned away from private equity and from investing in start-up companies, instead offering support to businesses with at least two years of proven operational success.
It is currently through such later-stage investments that Richmark Holdings works to nourish and sustain the South African economy and to better South African society through the promotion of jobs. Since its establishment in 2000, Richmark has also undergone significant transformation in terms of its investment interests; although once focused solely on the telecommunications industry, Richmark Holdings has branched out to include four additional investment areas, which are detailed below.
This diversification of investment and involvement in the South African economy enables Richmark Holdings unprecedented access to expansive resources and capabilities across various industries, granting it a significant edge over competing investment companies. Current investments: Telecommunications: Richmark Holdings telecommunications investments include: iBurst, One Communications and Vo-Call Cellular.
It chooses to support telecommunications companies that are dedicated to providing expansive cellular or Internet-based communications solutions, and is especially focused on making cell phones more accessible in rural South Africa. Digital advertisement and branding: Richmark has invested in the following digital advertisement, media and branding companies: SA Point of Purchase (Pty) Ltd, Bright Blue Studios and Bluchip Media.
Orientis Venture Capital
Orientis seeks high growth high potential start-ups in both proven and unproven market space. Orientis is an investment holding company that focuses on the growth of their portfolio companies through the various stages of the capital mechanism.
This growth is facilitated through the formation of new partnerships, fundraising, constant training of entrepreneurs and the building of strong international relations with the portfolio companies of their partners. They operate in partnership with various venture capital and private equity firms in Malaysia, Singapore, Hong Kong and China, including Shanghai and Guangzhou..
We create and foster new businesses. Our team is lead by two respected, well-established, Internet startup co-founders who have proven track records in funding, executing and growing companies across South Africa, the United States and Europe.
As technology incubator in Sub-Saharan Africa we build lean startups that solve real-world inefficiencies. As local partner in South Africa we facilitate market entries by international Internet companies.
Springlab offers advisory services and execution support via Joint Ventures for an African expansion.. .
The Durban Innovation Hub
The Durban Innovation Hub is a technology incubator and business advisory firm. It seeks to provide a vibrant and collaborative ecosystem, connecting public and private enterprises with gifted African inventors, creative business technologists, data analysts and behavioural scientists.
It is focused on applying disruptive, game changing technology to create commercial impact and sustainable societal value.. .
Nedbank CIB Private Equity
Nedbank CIB Private Equity invests equity capital in acquisitions, buyouts and the expansion of mid-market unlisted companies. We operate in a way similar to an independent private-equity fund manager, but invest capital directly off Nedbank Group’s balance sheet, which gives us the advantage of not being constrained by the usual investment and disposal time horizon pressures.
CIB Private Equity adopts a strong partnership philosophy to investing, combined with uncompromising moral and ethical standards and a concerted focus on environmental, social and governance issues. We acquire significant minority shareholdings in attractive growth companies and partner with the management team to support strategic growth initiatives.
We are able to leverage and access extensive resources and support from across the Nedbank Group to add value to our investee companies.. .
NuttyOak Capital invests in startups and established businesses that require growth capital. We believe in being fast-moving investment partners and seek out entrepreneurs who can create immediate and tangible commercial value.
We seek out entrepreneurs who write their own playbooks and offer them access to cash as well as extra support and expertise to help scale their businesses. We leverage our constantly growing network and play an active role in every business that is part of the NuttyOak portfolio..
Equity Alliance International
You have a great idea. An untapped market niche.
An innovative product. A much-needed service.
A passionate team. A way to do something faster, better, cheaper.
You’re on the verge. On the ground floor.
Ready to become a market leader. All you need is someone to hear your story, to see what you see.
And you know they’ll want to be a part of it. But no one knows your story, sees your vision.
Vukani Capital (PTY) LTD
Vukani Capital is a specialist Commercial Finance Broker, working with small-to-medium sized businesses (SMEs), commercial property developers and property investors alike by securing the most affordable, flexible and tailor-made commercial finance packages for their dream projects. As a truly independent and whole-of-market broker, we have an extremely diverse choice of commercial funding lenders to readily assess the potential of your project and unrivalled flexibility with commercial lenders willing to finance it.
As a totally customer-centric and innovative commercial funding broker, we would like to think that we are helping shape the future commercial lending by working closely with both lenders and borrowers alike to ensure funding projects deliver a totally workable solution for both parties.. .
Cadiz Asset Management
Cadiz Asset Management is a privately owned investment manager. The firm provides its services to corporate and parastatal pension funds, public institutions, medical schemes, universities, charities, private foundations, multi-managers, unit trust companies, insurance companies, and individual investors.
It provides separate client focused equity, fixed income, and balanced portfolios. The firm also launches and manages equity, fixed income, and balanced mutual funds for its clients.
It invests in the public equity and fixed income markets of South Africa. For its equity portfolio, the firm invests in value stocks of companies.
It employs fundamental analysis to create its portfolios.. .
The Cape Town-based Bandwidth Barn has been in operation since 2000 and is today regarded as one of the leading ICT business incubators in the world. The goal of the Bandwidth Barn is to fast track the pace of business growth in the ICT sector in the Western Cape by helping businesses to establish themselves, commercialise new products and services, create jobs and wealth and add economic diversity to the community.
Focusing on SMMEs in the Province, the BWB will encourage innovation and provide ongoing training and support needed to help clients to overcome the entry barriers to start-up, survival and growing their businesses and thus accelerate their development. The BWB will execute its strategy via its Accel Enterprise Development Programme, including the current Velociti, My Business Group, My Mentor and Women in ICT (or similar) enterprise development programmes, as well as ICT awareness programmes such as Youth in IT and VIP Graduate..
This article was written by David Friedmman from Welp Magazine. The editor for this article was Tess Page. If your company is featured in this article and you want to have amendments made please contact us on: [email protected].
Alternatively you may write to us at: Welp Magazine/Fupping Ltd, First Floor, 61-63 Rochester Pl, London NW1 9JU.