Company lists · Data refreshed September 2026

Top 25 Emerging markets venture capital based in South Africa

Name: Emerging markets venture capital based in South Africa
Creator: RevenueBase
License: https://creativecommons.org/licenses/by/4.0/

Compiled by the RevenueBase Data Team Data refreshed Sep 1, 2026 122 companies tracked

RevenueBase identified 122 emerging markets venture capital headquartered in South Africa as of September 2026 and tracks 481 professional contacts across them, including 162 with verified work emails and 26 with mobile numbers. Cape Town is the largest hub.

This list covers emerging markets venture capital headquartered in South Africa, matched on what each company actually does as described in its own words. Ranked by team size, largest first. Every row shows the company's own description, its RevenueBase Smart Search rating, and when it was last checked. Data refreshed September 1, 2026.

Published by RevenueBase, a B2B data infrastructure company. This list was built with RevenueBase Smart Search, the natural-language company search RevenueBase customers use to build their own targeted lists and unlock verified emails and direct dials at the companies on them. How these lists are built and judged.

How to read this list RevenueBase Smart Search rating on every row Refreshed Sep 1, 2026 86% judged on-target in blind review

122Companies

481Contacts tracked

162Verified emails

26Mobile numbers

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The 25 largest emerging markets venture capital based in South Africa

Ranked by team size

Top 25 of 122 emerging markets venture capital based in South Africa, ranked by team size, largest first. Data refreshed Sep 1, 2026. RevenueBase Smart Search rates how each company's information relates to emerging markets venture capital: strong evidence (its own description names it), partial (names part of it), indirect (matched on the rest of its profile rather than the description shown). Click a contact count to view that company's people.
#	Company	RevenueBase Smart Search	Headquarters	Employees	Contacts
1	E Squared Investments	Indirect evidence	Sandton City, South Africa	11-50	37 contacts →
	Indirect evidence “A South African Impact Investor providing funding and end-to-end business support to high-growth businesses, early-stage founders and social enterprises focused on youth…” Source: RevenueBase Database · checked Sep 1, 2026
2	Alphawave Group	Partial evidence	Stellenbosch, South Africa	201-500	26 contacts →
	Partial evidence “Alphawave, an established investment group, specializes in early- and growth-stage ventures, enabling the best in their field to build successful global tech businesses.” Source: RevenueBase Database · checked Sep 1, 2026
3	Viridian	Indirect evidence	Cape Town, South Africa	1-10	18 contacts →
	Indirect evidence “Viridian is an impact agency that designs and delivers programmes for finance-ready entrepreneurs, early-stage investors, and entrepreneur support organisations across Africa’s…” Source: RevenueBase Database · checked Sep 1, 2026
4	Imark Global	Strong evidence	Pietermaritzburg, South Africa	51-200	18 contacts →
	Strong evidence “IMark is a Global Venture Development company specialised in emerging and frontier economies, IMark plays many roles for building new ventures which create create positive impact…” Source: RevenueBase Database · checked Sep 1, 2026
5	Awethu Project Holdings	Partial evidence	Johannesburg, South Africa	1-10	18 contacts →
	Partial evidence “The Awethu Project, now Awethu Project Holdings (APH), was started in 2009 in the belief that there is exceptional, but under-developed entrepreneurial potential in emerging…” Source: RevenueBase Database · checked Sep 1, 2026
6	Knife Capital	Strong evidence	Cape Town, South Africa	1-10	17 contacts →
	Strong evidence “Knife Capital is an independent growth equity investment firm focusing on innovation-driven ventures with proven traction.” Source: RevenueBase Database · checked Sep 1, 2026
7	Ramp Group PTY LTD	Indirect evidence	Cape Town, South Africa	201-500	17 contacts →
	Indirect evidence Source: RevenueBase Database · checked Sep 1, 2026
8	Havaíc	Indirect evidence	Cape Town, South Africa	1-10	13 contacts →
	Indirect evidence “LOCAL INNOVATION.” Source: RevenueBase Database · checked Sep 1, 2026
9	V & S Innovation	Partial evidence	Mount Edgecombe Mount Edgecombe, South Africa	1-10	13 contacts →
	Partial evidence “In an age where innovation is key to successfully growing your business, starting a new venture or disrupting the status quo, you need a business partner that has experienced it…” Source: RevenueBase Database · checked Sep 1, 2026
10	FIO Capital	Strong evidence	Africa Pretoria, South Africa	51-200	11 contacts →
	Strong evidence “Fio Capital is a global investment firm, investing capital and strategic resources in entrepreneurial markets – the only sustainable solution to growing global economies.” Source: RevenueBase Database · checked Sep 1, 2026
11	Branson Centre Of Entrepreneurship SA	Partial evidence	Cape Town, South Africa	11-50	11 contacts →
	Partial evidence “The Branson Centre is a venture studio that is changing business for good.” Source: RevenueBase Database · checked Sep 1, 2026
12	Anza Capital	Indirect evidence	Johannesburg, South Africa	1-10	10 contacts →
	Indirect evidence “We are a female-led investment firm addressing the funding gap for early-stage businesses in Africa, with a focus on gender inclusive tech businesses in Southern Africa.” Source: RevenueBase Database · checked Sep 1, 2026
13	Thirdway Capital	Strong evidence	Cape Town, South Africa	1-10	10 contacts →
	Strong evidence “Third Way Capital is an impact-focused venture firm that invests in African SMEs to generate sustained economic growth and social transformation.” Source: RevenueBase Database · checked Sep 1, 2026
14	Alphacode Venture Partners	Strong evidence	Cape Town, South Africa	1-10	9 contacts →
	Strong evidence “Alphacode Venture Partners is a leading, independent Africa focused venture capital firm run by experienced investors funding early-stage fintech and industry adjacent technology…” Source: RevenueBase Database · checked Sep 1, 2026
15	E4eafrica	Partial evidence	Cape Town, South Africa	1-10	8 contacts →
	Partial evidence “E4E Africa supports early stage ventures in South Africa from very early stage to scale up.” Source: RevenueBase Database · checked Sep 1, 2026
16	Five35 Ventures	Partial evidence	Johannesburg, South Africa	1-10	8 contacts →
	Partial evidence “Five35 Ventures is a Pan-African female-focused VC fund investing in early-stage (Pre-seed & Seed) tech start-ups solving the most meaningful challenges in Africa.” Source: RevenueBase Database · checked Sep 1, 2026
17	4di Capital	Strong evidence	Cape Town, South Africa	1-10	7 contacts →
	Strong evidence “4Di Capital is a Cape Town-based venture capital fund management firm focused on early-stage technology investments in sub-Saharan Africa.” Source: RevenueBase Database · checked Sep 1, 2026
18	Huhsl CAP	Indirect evidence	City Of Tshwane, South Africa	1-10	5 contacts →
	Indirect evidence “At our core, Huhsl Cap believes in the power of communities coming together to achieve greatness.” Source: RevenueBase Database · checked Sep 1, 2026
19	Enygma Ventures	Partial evidence	Cape Town, South Africa	1-10	4 contacts →
	Partial evidence “Enygma Ventures is a unique purpose driven investment fund, led by award winning entrepreneurs with 40 years of combined experience growing and scaling businesses in Africa, US &…” Source: RevenueBase Database · checked Sep 1, 2026
20	Digital Ecosystems	Strong evidence	Sandton, South Africa	201-500	3 contacts →
	Strong evidence “Digital Ecosystems (DigiCo) is an investment company operating in the emerging markets B2B tech sector.” Source: RevenueBase Database · checked Sep 1, 2026
21	Deepsink Partners	Partial evidence	Sandton, South Africa	11-50	3 contacts →
	Partial evidence “Deepsink Partners backs entrepreneurs who have great ideas with rare potential in the consumer and enterprise software market.” Source: RevenueBase Database · checked Sep 1, 2026
22	Empowerment Capital Investment Partners	Partial evidence	Sandton, South Africa	1-10	2 contacts →
	Partial evidence “Empowerment Capital is a pioneering South African VC firm.” Source: RevenueBase Database · checked Sep 1, 2026
23	Stream Capital	Indirect evidence	Cape Town, South Africa	1-10	2 contacts →
	Indirect evidence “We are a team of entrepreneurs who have been in the trenches and built our own companies.” Source: RevenueBase Database · checked Sep 1, 2026
24	Venncap Business Solutions	Indirect evidence	Pretoria, South Africa	1-10	2 contacts →
	Indirect evidence “We are in the Business of Businesses!” Source: RevenueBase Database · checked Sep 1, 2026
25	Lodestone Capital	Strong evidence	Camps Bay Cape Town, South Africa	1-10	2 contacts →
	Strong evidence “Hands on venture capital and business building by entrepreneurs for entrepreneurs.” Source: RevenueBase Database · checked Sep 1, 2026

RevenueBase Smart Search

RevenueBase Smart Search assesses information from a company’s LinkedIn profile, information supplied directly by the company, its website, and other publicly available sources. It uses that information to rate how closely the company relates to this list’s category: emerging markets venture capital. Every row carries its rating and the description the rating was read from, so each one can be checked rather than taken on trust.

Strong evidence: The company's own public description of its business names emerging markets venture capital.
Partial evidence: Its own public description names part of emerging markets venture capital, so it works in or next to the category without describing itself that way.
Indirect evidence: The description shown does not name emerging markets venture capital. The match rests on the rest of the company's public profile rather than the one sentence quoted here, so this is the rating to check first.

RevenueBase Smart Search is how these lists are built: RevenueBase's data engine and AI assemble the companies that match a category defined in a user's own words, so a list can be about what companies actually do rather than about whichever industry code they were filed under.

Showing 25 of 122 emerging markets venture capital based in South Africa

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Emerging markets venture capital based in South Africa at a glance

As of Sep 1, 2026

33.7%Verified-email coverage

5.4%Mobile-number coverage

3.9Average contacts per company

1-10Median size (employees)

32.0%Largest-city concentration · Cape Town

Sep 1, 2026Page data refreshed

Companies by employee count

1-10

104

11-50

51-200

201-500

501-1,000

How this list was built

Company categories are rarely black and white. RevenueBase reads each company's own description of its business to decide whether it belongs among emerging markets venture capital, so some rows will be adjacent to the category rather than pure plays. The description and RevenueBase Smart Search rating on every row are there so you can check each match yourself.

Source: The RevenueBase company graph: 60 million companies and 398.9 million professional contacts resolved from primary sources, queried with RevenueBase Smart Search, the natural-language company search available to every RevenueBase user.
What qualifies: Companies headquartered in South Africa whose own description of what they do matches “emerging markets venture capital”. Matching reads each company's description, not its industry code or its name.
RevenueBase Smart Search: RevenueBase Smart Search is how this list is assembled and how each row is rated. RevenueBase's data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to a category defined in a user's own words. Each row is rated strong evidence (its own description names emerging markets venture capital), partial evidence (it names part of the category) or indirect evidence (the description shown names none of it and the match rests on the rest of the company's profile). The description supporting each rating is quoted on the row.
What we exclude: Companies whose own description does not clearly place them among emerging markets venture capital, and records with no verified work email. Companies headquartered outside South Africa are excluded even when they keep an office there.
Match quality: In blind human judging of this matching method, 86% of matched companies were on target. Expect roughly 1 in 7 rows to be adjacent to the category rather than a pure play. Every row shows the company's own description and its RevenueBase Smart Search rating so you can judge each match yourself. Read the full methodology: how the lists are built, how the judging worked, and what the figure means.
Ranking: Team size, largest first: companies are ordered by the number of professionals RevenueBase tracks at each one. Employee ranges shown are reported bands, for context.
Verification: Every listed company carries at least one verified work email, 162 across the full list. Contacts re-verify on a rolling cadence, and each contact's own verification date is shown inside RevenueBase.
Refresh: This page's figures were pulled from the company graph on September 1, 2026. Lists refresh periodically as the graph is re-checked.
Corrections: Wrong category, wrong headquarters, or a company that has closed? Use “Report an issue” on any row. Reports go to the RevenueBase Data Team and feed back into the company graph.

Emerging markets venture capital by metro

Emerging markets venture capital in Cape Town39
Emerging markets venture capital in Johannesburg36

Frequently asked

What is RevenueBase Smart Search?

RevenueBase Smart Search is how RevenueBase decides which companies belong on this list and how strongly each one fits. Its data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to the category the list is about. Each row is rated strong evidence when the company's own description names emerging markets venture capital, partial evidence when it names part of the category, and indirect evidence when the description shown names none of it and the match rests on the rest of the company's profile.

How many emerging markets venture capital are there based in South Africa?

RevenueBase identified 122 emerging markets venture capital headquartered in South Africa as of September 2026, matched on each company's own description of what it does rather than its industry code.

What is the largest company on this list?

E Squared Investments, headquartered in Sandton City, tops this list with the largest team on record.

Which city has the most emerging markets venture capital?

Cape Town leads with 39 headquartered companies, followed by Johannesburg (36) and Sandton (8).

How do I get contact information for these companies?

A free RevenueBase account lets you run this exact search and work the top results, verified emails and direct dials included. Upgrading unlocks all 162 verified decision-maker contacts tracked across these 122 companies.

How current is this list?

The list refreshes periodically as the company graph is re-checked. This page's figures were pulled on September 1, 2026.

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About this data

RevenueBase is a B2B data infrastructure company. Its company graph covers 60 million companies and 398.9 million professional contacts, with emails verified on a rolling cadence rather than scraped once and left to decay. These company lists are generated directly from that graph with RevenueBase Smart Search, the same natural-language company search every RevenueBase user has: describe a market in plain words, get the companies that match, and add verified emails and direct dials for the people at them. It is the same data that powers RevenueBase's B2B data products, and a free account includes 500 credits to start. How these lists are built and judged.