Fireball Capital

Fireball Capital is an African, independent, majority black-owned and managed venture capital technology fund management firm. The firm focuses on accelerating the African tech ecosystem by investing in high-quality, tech-enabled opportunities that offer compelling solutions to both local and global challenges. Their investment strategy emphasizes providing access to local and global networks to help internationalize African businesses.

The firm's investment focus includes sectors such as fintech, healthcare, edtech, and data platforms. In the fintech sector, Fireball Capital aims to drive financial inclusion by supporting businesses that transform traditional financial services and improve access to financial products. In healthcare, they invest in technologies and businesses that address the expanding needs of South Africa's private and public healthcare sectors. The edtech focus targets the growing demand for online learning platforms, while the data platforms sector seeks to capitalize on the increasing need for data centers and platforms in South Africa.

Fireball Capital's investment process is disciplined and active, involving sourcing, screening, due diligence, monitoring, reporting, and strategic value addition. They aim to build a diversified South African portfolio of tech-enabled assets by investing in best-in-class venture capital fund managers and enhancing their manager selection solution with a targeted and focused co-investment and direct investment program. The firm has 75 years of collective venture capital and private equity experience across both developed and emerging markets, demonstrating a strong track record in the industry.