Despite a decline in financing, 633 startups raised a total of US$3,333,071,000 in 2022. This is a 12.2% increase in Southern African funding since 2021
Established in 2010, venture capital (VC) firm Knife Capital has continuously funded and invested millions into early-stage innovation on the African Continent. VC’s are critical sources of funding for many startups, particularly those in the technology industry.
With an increasing number of companies and investors aiming to capitalise on the continent's untapped potential. On this episode of iAfrikan BYTES, partner and co-founder of Knife Capital Keet Van Zyl joined us to discuss the maturation of the VC landscape in South Africa and the metric VCs use when investing in startups.