Mineworkers Investment Company commits $10m to Knife Capital

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

South Africa Headlines News

MIC teams up with early-stage investment firm to help African start-ups navigate second-round funding challenges

The Mineworkers Investment Company has committed $10m to Knife Capital’s new African series B expansion fund.

The Cape Town-based venture capital firm plans to use the fund, known as Knife Fund III, to invest in innovation-driven African companies and fill the so-called follow-on funding gap experienced by start-ups, which often struggle to access additional expansion finance beyond their first round of funding...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Charloteamelia7 has proved to be the best news that has ever happened to me, Am very happy, and I will continue to testify about your good work until the world gets to know how genuine Charloteamelia7

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa Latest News, South Africa Headlines