HBD Venture Capital

HBD Venture Capital is a private equity and venture capital firm founded in September 2000 by Mark Shuttleworth, with its headquarters in Durbanville, South Africa. The firm specializes in providing growth capital to mature and middle-market companies, focusing on both early and late-stage investments. HBD Venture Capital typically invests between ZAR 10 million and ZAR 25 million, preferring to take equity stakes of at least 25 percent in its portfolio companies. The firm is committed to supporting its investments by acquiring board seats and aims to exit its investments within a three to five-year timeframe. Notably, HBD Venture Capital avoids sectors such as tobacco, armaments, gambling, real estate, insurance, finance, mining, and agriculture due to their ethical considerations.

Mark Shuttleworth

Founder

3 past transactions

CSense Systems

Venture Round in 2008
CSense Systems specializes in analytical software and engineering solutions designed for industrial manufacturing processes. The company's technology platform offers troubleshooting and performance enhancement capabilities, enabling users to identify and resolve potential operational issues proactively. This software is accessible to industries such as mining and metals, food and beverage, power, chemical, paper and pulp, pharmaceutical, and general manufacturing. By simplifying the troubleshooting process, CSense Systems allows organizations to address production challenges without the need for advanced modeling or statistical expertise, ultimately improving efficiency and productivity in various sectors.

Fundamo (Proprietary)

Venture Round in 2007
Fundamo (Proprietary) Limited specializes in mobile financial solutions for banks, financial organizations, and mobile network operators, both in South Africa and internationally. Founded in 2000 and based in Cape Town, the company offers a range of services, including the Fundamo Enterprise Edition, a mobile financial services platform; the Fundamo Mobile Wallet, which delivers transformative financial services; and Fundamo Mobile Banking, enabling banks to provide mobile access to existing accounts. Additionally, Fundamo provides mobile remittance options, integrated payment and purchasing modules, and facilities for issuing mobile debit cards linked to the Fundamo Mobile Account. As a subsidiary of Sanlam Ltd, Fundamo focuses on enhancing financial accessibility through mobile technology.

Red Five Labs

Seed Round in 2005
Red Five Labs develops a technology that enables mobile apps to run on all smartphones regardless of their operating systems.
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