R1.240bn investable capital
Knife Capital
Knife Capital is an independent growth equity investment firm focusing on innovation-driven ventures with proven traction. By leveraging knowledge, networks & funding, Knife accelerates the international expansion of entrepreneurial businesses that achieved a product/market fit in a beachhead market.
PAPE
PAPE Fund Managers is an established, black-owned boutique private equity manager that invests in Southern Africa with the principal office domiciled in South Africa. As active managers of long-term equity risk capital across multiple funds, PAPE Fund Managers aspires to improve the lives of all South Africans through enhancing the Southern African Development Community’s agendas such as job creation, broader tax base and sustained economic growth.
Masisizane Fund
The Masisizane Fund is an Old Mutual initiative which provides funding and business development support to SMEs. The SA SME Fund has partnered with Masisizane to establish the Fuel Franchise Fund which will invest capital (debt and equity) into experienced franchisees seeking to operate fuel retail stations.

SummerPlace
SummerPlace is a first time woman owned and managed private equity fund we are incubating. They will focus on investing into credible existing SME’s with a high potential to grow.
OneBio
OneBio Seed Investment Fund (“The Fund”) is a venture capital fund dedicated to investing in biotech companies. The Fund borrows from the highly successful Silicon Valley model of combining science, business and investment and will provide early stage seed capital to biotech start-ups from across South Africa.
University Technology Fund
The University Technology Fund (“UTF”) is a University IP commercialisation fund, that works to invest in and commercialise valuable South African IP originating from universities. The UTF is the first of its kind in South Africa and is based on best practice from Oxford and Cambridge universities , tailored to the South African context.

Digital Africa Ventures
Digital Africa Ventures is a South African based venture capital firm led by black women, focused on supporting emerging digital tech start-ups in Africa. With a passion for entrepreneurship in serving the underserved and representing the underrepresented, our aim is to bridge the funding and support gap for early stage tech entrepreneurs.
Grindstone Ventures
Grindstone Ventures is a female-led post-seed fund that supports post-seed equity and quasi-equity investments in early-stage innovation-driven and/or technology companies with strong intellectual property, evident growth potential, with the aim of delivering capital growth and sustainable cash yields over the long term.

HAVAÍC
HAVAÍC invests in early-stage, high-growth and impactful technology businesses, offering access to local investments with global prospects. Headquartered in Cape Town with investments in South Africa, Nigeria, and Kenya, HAVAÍC is a leading African venture capital firm with a proven track record of investing in, scaling, and exiting start-ups from across the continent.
Our investment philosophy is driven by identifying innovative and impactful technology products, processes, or platforms that provide real-world solutions with disruptive growth potential to effectively scale into markets both locally and internationally.
Our international reach and strengths in providing strategic support and advice, as well as our capital raising expertise, complement our investments. This, coupled with our local knowledge and networks, ensure that our investments and investors maximise their potential impact and returns.
Venture Capital Works
Venture Capital Works is focused on providing growth funding for disruptive businesses that are driving inclusion in the Financial Services, Healthcare and Education verticals. The VCW team have incubated, accelerated and exited a number of disruptive early stage businesses and bring this experience to provide our partners with hands-on strategic and operational support. VCW was born out of Capital Works, a leading EM Private Equity fund manager with over 18 years of investing experience.
Hlayisani Capital
Hlayisani Capital is a private equity and venture capital firm that is focused on growing sub-Saharan African businesses and entrepreneurs; putting them on the global map and transforming local economies and communities. Hlayisani Capital is committed to fostering growth and creating lasting impact in South Africa and across Africa. Rooted in our name—meaning “to protect and nurture”—we build on the values of Akani (to build), Hlanganani (to unite), and Nhlamulo (to provide solutions). With deep expertise in venture capital and a proven track record, we unlock high-growth opportunities by partnering with visionary founders who drive meaningful change.
Secha Capital
Secha Capital is a Black, female-founded growth capital impact firm employing an Operator-Investor model and investing in traditional industries making the tech-enabled, green economy transition in Southern Africa. Secha’s diverse team has over 30 combined years of PE, VC and impact experience and have worked together for 7 years. Secha has also brought together impressive operator investors for their portfolio companies.