- SAVVY VENTURE FUND I
The fund is a registered Section 12J VCC (FSP 48248; VCC-0061) in South Africa. It focuses on early stage investments (mainly in South Africa) between US$100k (ZAR1mil) and US$1 mil (ZAR15 mil). It is set up as a company in the Republic of South Africa and focuses on early stage & emerging, high growth SMEs with a maximum book value of ZAR50 mil.
At least 80% of the fund is invested in South Africa, with individual investments going up to US$1 mil / R15 mil.
o Deal Size: Between ZAR1 mil (or $100,000, ex SA) and ZAR15 mil (or $1 mil ex SA)
o Equity Stake / Investment: 20 – 50%
o Funding Type: Equity
Our focus is on early-stage & emerging, consumer facing, high growth companies We favour six sectors that have a direct positive impact on society.
Are you an Entrepreneur considering Venture Capital funding? Visit our Savvy Venture Partners page for more details!