Enygma Ventures
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.
Top Stages
Past deals in South Africa
Brown & Ayo
Seed Round in 2021
Brown & Ayo is a manufacturer specializing in natural hair extensions designed to replicate the textures of Black natural hair. The company offers a diverse online marketplace featuring ethically sourced and sustainably produced hair extensions, catering specifically to the needs of South African Black women. With a commitment to innovation, Brown & Ayo aims to provide high-quality products that resonate with its target consumers, while promoting authenticity and cultural appreciation in the beauty industry.
Job Crystal
Venture Round in 2020
Job Crystal is a recruitment platform designed to connect companies and recruiters with qualified candidates, primarily serving small and medium-sized enterprises (SMEs) in South Africa. The company specializes in sourcing talent across various industries, including IT, Sales, Marketing, Administration, Human Resources, and Finance, particularly within sectors such as Technology, FMCG, Finance, Telecommunications, Education, and Retail. By enabling career seekers to be directly headhunted by employers, Job Crystal facilitates an efficient hiring process that benefits both parties. The company is recognized for its innovative approach to recruitment, notably offering flexible payment terms for recruiting fees, which addresses the financial constraints often faced by SMEs.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.