The technology sector is leading the charge when it comes to investment in South Africa’s start-up ecosystem.
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Private equity fund managers raised R29bn in 2015, up significantly from the previous year’s R11,8bn. According to the Savca 2016 Private Equity Industry Survey, this is the highest number on record and includes funds raised for
GroTech, a fund with an appetite for high growth, disruptive technology companies, is betting on the fact that Goliaths just aren’t that good at innovating. It would rather back the Davids that can do it
South Africa’s young yet lively venture capital ecosystem is building momentum, with the increased availability of funding mechanisms for innovation being one important driver of this growth. Practitioners in the industry point out that successful venture capital-backed businesses rely on far more