South Africa: venture funds and startups

Geography hub · Middle East & Africa

4 funds7 startups$1.4B AUM

◆ Funds tracked

◆ Combined AUM

$1.4B

◆ Startups tracked

◆ Raised between them

$25M

◆ Overview

Fusion42 tracks 4 venture funds in South Africa with $1.4B in combined assets under management, and 7 startups that have raised $25M between them. The data below is live from the same database that powers Raise and Scout, and is continuously enriched as new rounds and funds are announced.

Part of the Raise fund database and the Scout startup database by Fusion42 — the same live data Arthur reasons over.

◆ Highlights

Active funds in South Africa include Mamor Capital Ventures Fund I, South Africa SME Fund, Activant Capital and Sygnia; startups in South Africa include Jem HR, Jem, Tennsa, TurnStay and Cue. Each name links through to a full machine-readable profile — its backers, rounds and related Wire analysis — and the tables below list every entity Fusion42 tracks in South Africa, refreshed as new rounds and funds are announced.

◆ Funds in South Africa (4 tracked)

Fund	Type	HQ
Mamor Capital Ventures Fund I	vc	South Africa
South Africa SME Fund	vc	South Africa
Activant Capital	vc	United States
Sygnia	vc	South Africa

◆ Startups in South Africa (7 tracked)

Startup	Stage	HQ	Raised
Jem HR	series-a	South Africa	$8.4M
Jem	series-a	South Africa	$8.4M
Tennsa	pre-seed	South Africa	$0.1M
TurnStay	series-a	South Africa	—
Cue	series-a	South Africa	$5M
HyperDev	pre-seed	South Africa	$1M
Badili	pre-seed	Kenya	$2.1M

◆ Recent Wire analysis