Top 5 Community VC Funds & Investors in South Africa (October 2023)

Portfolio highlights

• Octiv — Octiv is a well-known platform for gym management software.
• wamly — Streamline your hiring process and save 70% of your hiring hours with Wamly's our one-way video interview software.
• VoxCroft — VoxCroft is making the world a better, safer place with population-centric intelligence.

Portfolio highlights

• Releaf — We are industrializing food processing in Africa. We've led 1000+ smallholder farmers to provide food factories with >7.5 million kilograms of quality crops.
• MarketForce — MarketForce connects Africa’s informal retail outlets and consumers directly to suppliers of consumer goods and financial services by digitizing orders, delivery, and payments with the aim of solving the last mile distribution challenge.
• SHYFT Power Solutions — SHYFT builds industrial-grade IoT and integrated software to connect and intelligently manage distributed energy resources (DERs) in markets that struggle with resiliency. SHYFT is pioneering the development of integrated decentralized power systems in emerging markets like Nigeria, leapfrogging over traditional central infrastructure and enablingDERs to scale and support existing but unreliable grids.

Portfolio highlights

• Oze — OZÉ brings African small businesses into the digital era. It is an app that makes it easy for businesses to track sales, expenses, and customer information. The data is analyzed to provide tailored recommendations, reports, and business education. If the entrepreneur needs a little extra support, an OZÉ Coach is just a click away. As they are usingOZÉ to manage their business and learn how to run it better, we are learning about them. Using this data and machine learning, we can predict their credit risk and provide them with affordable capital from our banking partners. With over 20,000 registered users, OZÉ is the largest online community of SMEs in Ghana. The most exciting thing is that OZÉ works; 97% of businesses that have used OZE for at least 9 months are growing or profitable or both!
• Root — Programmable insurance that you can integrate into your product or service with ease
• Afropolitan — Afropolitan is building a Network State to unleash the maximum potential of Africans around the world. Are you interested? Join us with your email.

Portfolio highlights

• Autogrid — Building a Resilient and Sustainable Grid with Distributed Energy Resources. Enabling a smarter, cleaner, more distributed electric power grid.
• 45-8 ENERGY — 45-8 ENERGY is exploring eco-friendly helium for uses in many industries.
• Zola Electric — ZOLA Electric designs renewable energy solutions based on the latest in solar, battery and power electronics technology. Adaptable to energy need and income, ZOLA Electric’s solar systems can be bought over time using PAYGo micro-finance leasing and mobile money payments. ZOLA Electric powers more than 180,000 homes and businesses across Tanzania,Rwanda, Côte d’Ivoire and Ghana. Investors include Tesla, Vulcan Capital, DBL Partners, Helios Investment Partners, EDF, Total and GE Ventures. ZOLA Electric is a recipient of the UN Momentum for Change Award, the Zayed Future Energy Prize and is a member of the Global Cleantech 100.

Portfolio highlights

• Inoxico — Inoxico is a provider of business-to-business credit risk solutions. We combine quality data and cutting edge technology to deliver predictive analytics.
• Kombo King — Kombo King Ventless Fryer Tech removes the need for plumes of steam & the constant eye of an inconsistent employee to Revolutionize & solve the frying industry!
• Kusini Water — Kusini Water builds water treatment systems from nanotechnology and macadamia nut shells.