Tag: start-up capital
BOOK REVIEW | The First Kudu
The First Kudu tells the story of HouseME, a rental technology company founded in South Africa that grew to 34 employees and 50,000 registered users, processing hundreds of millions of Rands each year. The company won awards, raised several rounds of funding and was sought after by competitors.
Accessing finance for an SME is vital to unlocking growth
The lack of access to finance is one of the main reasons small and medium enterprises (SMEs) fail worldwide. While start-up capital is crucial, access to funding in running a business is critical too. In the best of times, access to finance is vital to scale and take advantage of opportunities.
SA venture capital industry grows despite tough economic climate
The emerging South African venture capital (VC) industry continued to experience robust growth in 2018, with 181 new VC deals reported – an increase of 13.8% from the 159 deals reported in 2017. This is according to the newly released SAVCA 2019 Venture Capital Industry Survey, which also shows a substantial increase in the overall value of all deals, up from the R1 billion invested in 2017 to just over R1.5 billion in 2018.
