# Top 10 Biotech Startup Investors in South Africa in October 2023

## Cult Food Science
- Type: VC Fund
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Food and Beverage, Biotechnology, Food Processing

CULT Food Science is an investment company focused on supporting and advancing the technology behind the future of food.

## Futuregrowth Asset Management
- Type: VC Fund
- Relevant deals: 2
- Stages: Seed, Series B
- Focus: Software, Financial Services, Medical Device

Futuregrowth manages the full range of fixed interest and developmental impact funds on behalf of our clients. We are committed to managing and investing our clients' funds in a responsible manner.

## HAVAÍC
- Type: VC Fund
- Location: Cape Town, NA - South Africa, South Africa
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Health Care, Financial Services, Software

HAVAÍC is an investment and advisory firm that specialises in early-stage, high-growth African businesses with proven concepts and global prospects, offering investment opportunities to sophisticated investors and international venture capital companies with an interest in Africa. As a complementary offering, HAVAÍC provides corporate advisory andcapital raising services to emerging, internationally scalable businesses.

## Alethea Capital Management
- Type: VC Fund
- Location: Rancho Santa Fe, California, United States
- Relevant deals: 1
- Stages: Series A, Series B, Series C
- Focus: Biotechnology, Health Care, Medical

Alethea Capital Management is an SEC-registered investment advisor founded in March of 2011. As an investment management and research firm, the mission of Alethea is simple – to provide the highest level of service and guidance to our clients with honesty, integrity, and transparency. The firm’s services include fee-based asset management,research/advanced quantitative systematization, manager/strategy evaluation, and comprehensive planning. Alethea’s center of operations is in San Diego, CA.

## Ministry of programming
- Type: VC Fund
- Location: Sarajevo, Federation of Bosnia and Herzegovina, Bosnia and Herzegovina
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Biotechnology

We build startup software companies from the first line of code partnering with interesting founders and enterpreneurs.We believe we have the know-how to bootstrap early-stage products and scale them into successful products. We have a nice portfolio of exciting startups in Fintech, Healthcare, E-commerce domains, and we are building more everyday.

## Sustainable Food Ventures
- Type: VC Fund
- Location: Raleigh, North Carolina, United States
- Relevant deals: 1
- Stages: Pre-Seed, Seed, Angel
- Focus: Food and Beverage, Biotechnology, Food Processing

SFV backs globally early-stage founders building leading Future of Food companies that are: #Cell-based #Plant-based #Recombinant

## Twynam Agricultural Group
- Type: VC Fund
- Location: Sydney, New South Wales, Australia
- Relevant deals: 1
- Stages: Series A, Seed
- Focus: Agriculture, Food Processing, Seafood

Twynam Group is a leading Australian Funds Manager investing in early-stage climate tech. We also operate an agricultural and property portfolio.

## Kale United
- Type: VC Fund
- Location: Stockholm, Stockholms Lan, Sweden
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Food and Beverage, Food Processing, Biotechnology

Kale United offers a portfolio of over 75+ plant-based game changers

## Anonymous Trust
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Pre-Seed, Series A, Seed
- Focus: Software, Computer, Market Research

Trust

## E4EAfrica
- Type: VC Fund
- Location: Cape Town, NA - South Africa, South Africa
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Internet, Logistics, E-Commerce

E4E (“Entrepreneurs for Entrepreneurs”) specializes in supporting early stage ventures in South Africa from very early stage (pre-series A) to scale up.E4E focus on smart entrepreneurs and business ideas that are great businesses and make a significant contribution to a better (South) Africa.

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