Vumela Enterprise Development Fund
Investment Details
Investor Type
Private Equity
Asset Class Focus
Private Equity, Venture Capital
Stage Focus
Early Stage, Growth
Geographical Focus
South Africa
Industries Focus
- Financial Services
- Technology
- Healthcare
- Energy
- Real Estate
- Telecommunications
- Media
- Retail
- Education
- Agriculture
- Logistics
- Construction
- Manufacturing
- Tourism
- Transport
Investment Size:
2,000,000 to 20,000,000 USD
Investor Details Founded: 2009
Established in 2009 by FNB Business Banking and Edge Growth, the Vumela Enterprise Development Fund aims to bridge the funding gap for high-growth small and medium-sized enterprises (SMEs) in South Africa. The fund focuses on providing growth equity finance to early-stage SMEs, with the objective of creating jobs and generating economic returns. Vumela is capitalised by FirstRand and managed by Edge Growth.
Vumela's investment strategy involves offering non-traditional funding solutions such as purchase order finance, debt finance, and equity finance to SMEs. The fund has a strong emphasis on sectors that have the potential to create significant employment opportunities and contribute to economic development. Vumela's portfolio includes companies in various industries, including technology, healthcare, and manufacturing.
Over the years, Vumela has demonstrated a commitment to supporting the growth of SMEs by providing tailored financial solutions and business development support. The fund's investments have led to the creation of numerous jobs and have contributed to the sustainability and expansion of its portfolio companies. Vumela continues to play a pivotal role in fostering entrepreneurship and economic growth in South Africa.
Requirements
- Strong market opportunity
- Experienced management team
- Defendable competitive advantage
- Attractive economics
Contact
[Official Website Hidden]
[HQ Location Hidden]
[Email Hidden]
[Contact Number Hidden]
Portfolio Companies
- Trade Shield
- Rentoza
- Prefix Technologies
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