The Raba Partnership is a venture capital firm based in Cape Town, South Africa, focused on African technology companies in logistics, supply chains, and financial services. It partners with founders building technology companies that tackle hard problems in emerging African ecosystems and is backed by a select group of venture capitalists, technology entrepreneurs, and families with global business experience.

Athena Capital is a Cape Town–based venture capital and private equity firm, with offices in Johannesburg and London. Founded in 2003, it pursues investments across the capital spectrum, from early stage to growth and acquisitions, including platform-builds in Sub-Saharan Africa and Europe. The firm targets sectors such as energy and resources, financial services, agribusiness, manufacturing, consumer goods, and business services, with emphasis on opportunities that can benefit from government and development finance support. It typically seeks board seats in portfolio companies and conducts balance sheet investments suitable for equity or debt financing. The firm also operates an advisory arm that provides private equity, mezzanine debt, and debt and equity raise services, including advisory for residential property projects. Overall, Athena Capital blends active value creation with cross-regional opportunities in Sub-Saharan Africa and Europe.

Enygma Ventures is a Cape Town-based venture capital firm founded in 2019 that focuses on funding women-led businesses in the Southern African Development Community. The firm provides flexible capital and strategic support to early- and growth-stage companies, leveraging a broad network to connect portfolio companies with mentors, expertise, and access to markets in Africa, Europe, and North America. Enygma emphasizes collaborative partnerships and win-win outcomes for investors and entrepreneurs, aiming to accelerate growth while advancing diversity and inclusion. By combining capital with tailored guidance, Enygma helps founders scale across sectors and build sustainable businesses in the SADC region and beyond.

Knife Capital is an independent growth equity investment firm founded in 2010 and based in Cape Town, South Africa, with an office in London. It accelerates the international expansion of African innovation-driven businesses that have achieved product-market fit by leveraging knowledge, networks, and capital. The firm targets investments across software, fintech, health tech, healthcare, financial services, commercial services, and information technology, aiming for approximately 10 to 12 investments. Knife Capital partners with funding networks and family offices to support portfolio companies. It has facilitated exits of local technology businesses to global buyers such as General Electric, Visa, Garmin, and Uber.

Founded in 2000, iKineo is a venture studio based in Cape Town, South Africa. It focuses on technology startups, with a preference for B2B, SaaS, travel tech, digital assets, cryptocurrency, fintech, and digital healthcare sectors.

KNF Ventures is the venture capital arm of Knife Capital, based in Cape Town, South Africa, focused on backing early- to growth-stage startups in technology and consumer sectors in South Africa. It pursues investments across software, healthcare, financial services, business products and services, and consumer areas such as beverages, food, Internet of Things and fintech, leveraging Knife Capital's network and experience to support portfolio companies.

Growth Grid Venture Capital Partners is a venture capital firm based in Cape Town, South Africa, that focuses on providing growth capital and post-investment support to small and medium-sized enterprises. The firm offers mentorship, access to commercial networks, market access, and ongoing assistance to its portfolio companies, with the aim of stimulating sustainable and inclusive economic growth in South Africa.

Established in 2020 and headquartered in Cape Town, R-Ventures is a global investment holding company focusing on seed-stage and early growth-stage investments. It specializes in emerging market startups developing high-impact, technology-driven solutions.

University Technology Fund is a venture capital firm based in Stellenbosch, South Africa, established in 2020. It provides early-stage funding for startups associated with South African universities, covering pre-seed, seed, and Series A rounds, with a focus on commercializing technology, intellectual property, and research developed at those institutions.

Established in 2011, Caleo is a Johannesburg-based investment management firm that focuses on fostering relationships. It invests primarily in start-ups and operating companies across various sectors such as real estate, financial services, hospitality, manufacturing, education, logistics, and energy, with a primary focus on South Africa.

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.

Goodwell Investments is an Amsterdam-headquartered impact investment firm that provides early through growth-stage equity and hands-on support to inclusive businesses serving the majority world. The firm targets financially sustainable, scalable ventures in Africa and India, with emphasis on sectors such as financial services, agriculture, mobility and transport, education, health, and basic services. It pursues minority stakes and partners with entrepreneurs to expand access, inclusion, and livelihoods in underserved communities while seeking solid financial returns. Goodwell operates from Amsterdam with additional offices in Cape Town and Nairobi, reflecting its regional focus on Sub-Saharan Africa and India. By combining capital with strategic guidance, it supports portfolio companies to scale and improve access to essential goods and services across emerging markets.

REdimension Capital is a Johannesburg-based venture capital firm established in 2021 that targets investments in the built environment, with a focus on clean technology and real estate technology (PropTech). The company pursues an advisory-led approach to support innovation and sustainability within South Africa's real estate sector, aiming to reshape the future of the built environment and accelerate the adoption of sustainable solutions. It operates as a licensed financial services provider under regulatory standards, emphasizing professional conduct and compliance as it develops an ecosystem that fosters PropTech and sustainability initiatives.

Norrsken22 is a technology growth investment firm based in Cape Town, founded in 2016, that partners with exceptional entrepreneurs to build Africa's next tech giants. It pursues growth and expansion investments across Africa, with a focus on medtech, edtech and fintech, and broader technology-enabled sectors such as information technology, business products and services, and health tech. The firm targets opportunities across key African hubs including Nigeria, Kenya, South Africa and Ghana, supporting portfolio companies through scalable expansion and strategic growth.

Kalon Venture Partners is a Johannesburg-based venture capital firm established in 2016 that backs high-growth technology companies. The firm prefers to invest across technology-enabled sectors including information technology, banking, insurance, retail, media, and entertainment, seeking innovative business models with scalable potential and early access to growing markets.

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 is a private equity investment firm based in Cape Town, South Africa, specializing in growth and expansion investments in information technology and financial services, with a strong focus on fintech solutions. The firm backs high-growth and cash-generative companies to enable scalable growth across Africa and beyond, offering blended exposure to technology investments in the financial sector. Through its portfolio approach, Crossfin Technology seeks opportunities at the intersection of technology and finance, leveraging its regional footprint to support expansion and long-term value creation for investee companies.

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.

Capaci.Tech is a Johannesburg-based venture capital firm and venture builder focused on Pan-African technology-enabled startups. It provides advisory and capacity-building in technology, marketing, and human resources to help startups scale, and makes investments in parallel with partner collaborations to turn ideas into viable businesses. The team comprises seasoned investors, experienced entrepreneurs, and professional advisers, and it follows a disciplined approach in which capital is deployed only when the required capabilities can be viably deployed. The firm supports startups across Africa, with notable investments such as GotBot.co.za.

SA SME Fund is a South Africa–based venture capital and private equity firm operating as a fund of funds. Established in 2016 as part of the CEO Initiative, it channels capital into venture capital funds, growth funds, and social‑impact funds to support small and medium enterprises. The firm typically targets high‑growth SMEs with turnover between R20 million and R500 million and enterprise value under R100 million, and it allocates roughly one‑third of its capital to early‑stage, one‑third to growth, and one‑third to social‑impact investments. It also emphasizes ownership diversity, aiming for about 50% of capital in black‑owned companies, with a further 25% dedicated to Indian and coloured owned businesses, and the remaining 25% at the discretion of the fund manager. Based in Sandton, the firm is governed by a board of directors and seeks to bolster South Africa’s economy and job creation through SME development.

Inspired Evolution Investment Management is a Cape Town-based private equity and venture capital firm focused on sustainable energy and environmental technologies in Sub-Saharan Africa. Founded in 2007, the firm targets growth-oriented opportunities across clean energy, energy efficiency, water treatment, waste management, sustainable agriculture, and related infrastructure. It provides equity capital across multiple stages, often acting as a lead investor and taking board seats in portfolio companies. The firm emphasizes both financial returns and measurable development outcomes, and it generally targets markets in Southern Africa with broader engagement across Africa. In addition to capital deployment, Inspired Evolution offers advisory services to support growth and sustainability strategies. The firm operates offices in Mauritius, Ivory Coast, Kenya, and London, enabling cross-border collaboration and sourcing opportunities.

FiTech Ventures is a venture capital firm based in Johannesburg, South Africa, founded in 2018. It concentrates on funding fintech and technology companies and supports entrepreneurs with fundraising and networking guidance to help turn ideas into successful ventures. The firm emphasizes an investment philosophy centered on ethical disruption, financial inclusion, doing well by doing good, and profit with a purpose, seeking to partner with ambitious founders to advance innovative solutions.

Secha Capital Partners is a patient capital holding company that invests in African small and medium-sized enterprises.

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.

AngelHub Ventures is a venture capital firm based in Stellenbosch, South Africa, backed by two family offices. It focuses on early and later-stage technology companies across Africa, providing support to founders throughout growth and development. The firm targets information technology, healthcare, financial services, energy, and business products and services sectors, seeking durable businesses with long-term potential. It emphasizes an entrepreneurial approach and hands-on assistance to help navigate challenges and scale.

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.

Kingson is a venture capital firm founded in 2016 and based in San Jose, California. It focuses on early-stage investing across the United States and emerging markets, targeting pre-seed, seed, and Series A rounds in technologies including fintech, healthcare, the future of work, artificial intelligence, and digital transformation. The firm operates across the United States and Africa, supporting portfolio companies from inception to growth.

Kepple Africa Ventures is a venture capital firm founded in 2019 and based in Tokyo, Japan, that provides seed-, early-, and later-stage financing to African startups, with a focus on information technology, fintech, and consumer sectors.

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.

4Di Capital is a Cape Town based venture capital firm that funds seed to early-stage technology startups in Southern Africa. It combines capital with mentorship, networks, and collaboration to help portfolio companies reach scale, reflecting an entrepreneur-friendly, hands-on approach. The firm targets high-growth opportunities in mobile, enterprise software, web, fintech, healthtech, cloud technology and related sectors, favoring founder teams with deep domain expertise and a clear view of large market problems. By applying international venture capital best practices in a local context, 4Di Capital supports companies through early development and growth stages to build lasting value in Africa's technology ecosystem.

Founded in 2020, Five35 Ventures is a South Africa-based venture capital firm dedicated to investing in early-stage African technology startups with a focus on female-led businesses.

Invenfin is a Stellenbosch, South Africa-based venture capital firm and growth capital investor that targets fast-growing sectors, including technology and the food and beverage industry. Founded in 2008, it typically invests on its own balance sheet and tends to take significant minority stakes, commonly between 26% and 49%, in seed, start-up, and early-growth opportunities. The firm pursues investments across various fast-growing sectors, including those involving intellectual property, with a focus on opportunities with potential for scalability.

Hasso Plattner Ventures is a venture capital firm founded in 2005 in Potsdam, Germany and backed by Prof. Dr. h.c. Hasso Plattner, co‑founder of SAP. It invests in fast-growing, information technology–driven companies in Europe and the United States and serves as a strategic partner to its portfolio companies beyond capital. The firm operates multiple funds and allocates early‑stage and growth funding for software and IT infrastructure companies, with a focus on enterprise software and related technology. An affiliate, Hasso Plattner Ventures Africa, based in Cape Town, concentrates on growth and expansion investments in Southern Africa, particularly South Africa, with emphasis on telecom, mobile applications, media, software and clean technology. The Africa arm targets international expansion and typically takes minority stakes. Through its activities, Hasso Plattner Ventures aims to support science, innovation and entrepreneurship, leveraging the founder’s background and connections to foster technology-led growth.

Dazzle Angels is an angel investment group based in Sandton, South Africa, founded in 2018. It pursues a female-focused investment approach, targeting South African registered and locally based businesses at early or growth stages to support entrepreneurship in 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.

UNICORN MAKING is an accelerator and venture capital firm that focuses on startups and early‑stage companies in technology and technology‑enabled sectors across Africa. It offers education, training, mentorship, infrastructure and long‑term capital, and connects portfolio companies with co‑investors after commercialization. The firm is headquartered in Nigeria and has offices in South Africa, Kenya, Mexico and the United States.

HBD Venture Capital is a South Africa–based private equity and venture capital firm established in 2000 by Mark Shuttleworth and headquartered in Durbanville, Western Cape. It focuses on growth capital as well as early- and late-stage investments, targeting mature and middle-market companies primarily in South Africa. The firm typically targets investment sizes of 10 to 25 million rand, seeks equity stakes of at least 25 percent, and often pursues a board seat in portfolio companies. It targets exits in roughly three to five years and provides equity-based funding to its portfolio companies to support scale across growth stages in the South African market.

Icehouse Ventures is a venture capital firm based in Auckland, New Zealand. Founded in 2003, it backs brave Kiwi founders with unique insights building global companies and focuses on investing in early-stage companies across New Zealand.

Cardo Health is a digital health company that aims to improve health outcomes in emerging markets by investing in and scaling early-stage digital health startups in each market. It provides funding, scalable technology, and operational know-how to help local digital health champions grow into leading platforms. The company builds and supports a portfolio of regional health tech ventures, including Kena Health in South Africa, PROSPERiA in Mexico, Vibe Saude in Brazil, and doc-doc in Colombia.

The Delta is a Cape Town-based venture platform founded in 2015 that supports technology startups by providing capital, infrastructure, and a dedicated team, with a focus on information technology services and software-as-a-service.

Hassium Capital is a venture capital firm based in Randburg, South Africa, founded in 2020. It backs founders and teams creating companies with international development potential across sectors including digitalization, remote work, web3, online shopping, consumerization, digital and tech-enabled healthcare, renewable energy, recycling, greenhouse gas removal, mining, industrials, and agriculture.

IFU is a venture capital and private equity firm based in Copenhagen, Denmark, that specializes in providing equity, mezzanine financing, loans, and guarantees to projects in developing countries. Established in 1967, IFU focuses on creating and financing new businesses, joint ventures between Danish companies and local partners, and acquiring existing ventures. The firm primarily invests in sectors such as commercial services, biofuels, renewable energy, and irrigation systems, with a particular emphasis on climate and agribusiness. Investments are targeted at countries with a low gross national income per capita, as defined by specific criteria, and include regions across Africa, Asia, Europe, and Latin America. IFU typically invests between DKK 0.5 million and DKK 100 million and often seeks co-investment opportunities with Danish firms. The firm also supports small and medium-sized enterprises and provides advisory services for business investments in developing markets. With a preference for board membership, IFU aims to exit investments within five to seven years, ensuring a positive return for its stakeholders.

Grand View Capital is a venture capital investment firm established in 2016 and based in Shanghai, China. It focuses on seed to early-stage investments in sectors such as consumer markets and information technology, including mobile internet, social, logistics, media, news, and fintech. The firm positions itself as a cross-border investor, leveraging a network across multiple markets to help portfolio companies grow internationally. It has built a portfolio of more than 30 companies across the United States, South Asia, Africa, India, and Mexico, aiming to accelerate growth for its startups through global reach.

Lexington Gold is a gold exploration and development company focused on advancing gold projects in the United States and South Africa. Its activities include exploration in the United States and South Africa and ownership of properties such as the Witwatersrand gold fields, Jones Keystone and Loflin, Argo, Carolina, and the Jennings-Pioneer project, with the aim of delineating resources and progressing toward development opportunities.

Platform Investment Partners is an investment firm focused on telecoms and technology, with roots in Johannesburg, South Africa and Charlotte, North Carolina. Established in 2016, the firm pursues greenfield opportunities and growth equity investments in the telecoms and technology sectors, delivering capital and strategic support to portfolio companies.

Seedstars Africa Ventures is an early-stage venture capital firm based in South Africa that invests in high-growth companies across Sub-Saharan Africa. Founded in 2020, it concentrates on supporting startups at the early stage throughout the region.

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.

Enso Equity, founded in 2019 and based in Cape Town, South Africa, is described as a single family office investor focused on alternative asset classes, and as a venture capital firm that funds both seed- and later-stage companies. It is associated with activities across private equity, public equity, and private credit.

CRE Venture Capital is a venture capital firm founded in 2015 that invests in early-stage technology companies with exposure to Africa. It is headquartered in the New York metropolitan area, with a base in Franklin Lakes, New Jersey, and maintains a regional office in Lagos, Nigeria, to support opportunities across the continent.

AlphaCode (South Africa) is a Johannesburg-based venture and ecosystem platform that supports growth in Africa's technology and financial services sectors. It acts as a venture investor focusing on education, financial services, healthcare, information technology, and agriculture technology across the African region. In addition, it runs AlphaCode Club, a community for next-generation financial services entrepreneurs that connects founders, intrapreneurs, industry experts, and partner organisations to share knowledge, build networks, and generate insights aimed at transforming the financial services industry.