NA - South Africa, Gauteng, South Africa In 1888 was created Nedbank, which is appeared as Corporate Investor. The company was established in Africa in South Africa. The main department of described Corporate Investor is located in the Sandown.
The fund has no exact preference in a number of founders of portfolio startups. When startup sums 4 or 5+ of the founder, the probability for it to get the investment is little. Besides, a startup needs to be aged 4-5 years to get the investment from the fund. Among the various public portfolio startups of the fund, we may underline Snapt, Aerobotics, GiftCertificates.com We can highlight the next thriving fund investment areas, such as E-Commerce, Finance. For fund there is no match between the country of its foundation and the country of its the most frequent investments - United States.
The average startup value when the investment from Nedbank is more than 1 billion dollars. This Nedbank works on 0 percentage points less the average amount of lead investments comparing to the other organizations. The top amount of exits for fund were in 2019. The common things for fund are deals in the range of 50 - 100 millions dollars. The fund is generally included in less than 2 deals every year. The real fund results show that this Corporate Investor is 51 percentage points more often commits exit comparing to other companies. The important activity for fund was in 2018.
The usual cause for the fund is to invest in rounds with 3 partakers. Despite the Nedbank, startups are often financed by Silverton Partners, Granite Ventures, Austin Ventures. The meaningful sponsors for the fund in investment in the same round are Convergence Partners, Silverton Partners, Sanari Capital. In the next rounds fund is usually obtained by W. R. Berkley, Swedfund International, SCP Partners.
Related Funds
| Fund Name | Location |
| Adams, Harkness & Hill Technology Ventures | Boston, Massachusetts, United States |
| Archangel | New York, New York, United States |
| Beijing Guohuarong Network Technology | Beijing, Beijing, China |
| Brain Trust Accelerator Fund | Burlingame, California, United States |
| Kaian Jisuanji | China, Guangdong, Guangzhou |
| M&T Bank | Buffalo, New York, United States |
| netSTART | Cologne, Germany, Nordrhein-Westfalen |
| Reddere Invest | - |
| Rio Bravo | Brazil, São Paulo, Sao Paulo |
| ShakeUpFactory | France, Ile-de-France, Paris |
| Suzhou Jusong | China, Jiangsu, Suzhou |
| Teal Ventures | California, San Diego, United States |
| Tegna | Mclean, United States, Virginia |
| Trail Mix Ventures | New York, New York, United States |
| Triventures | Herzliya, Israel, Tel Aviv |
| UnitedHealth Group Ventures | Minneapolis, Minnesota, United States |
| UTI Ventures | Bangalore, India, Karnataka |
| William Lyon Homes | California, San Ramon, United States |
| Windev Corp | - |
Notable deals
| Company | Industry | Round Size | Date | Investors | Location |
KTO Digital | $3M | 31 Jan 2021 | Midrand, Gauteng, South Africa | ||
WhereIsMyTransport | $7M | 28 Feb 2020 | London, England, United Kingdom | ||
Snapt | $3M | 06 Dec 2018 | Atlanta, Georgia, United States | ||
Aerobotics | $2M | 18 Jul 2018 | Gauteng |
– South African-founded startup WhereIsMyTransport announced a $14.5 million Series A extension to continue its expansion across emerging markets.
– The company already has a presence in South Africa and Mexico.
– Naspers, via its investment arm, Naspers Foundry, co-led the investment with Cathay AfricInvest Innovation Fund.
– The extension round is coming a year after WhereIsMyTransport received a $7.5 million Series A investment from VC firms and strategic investment from Google, Nedbank and Toyota Tsusho Corporation (TTC).
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| Company | Industry | Round Size | Date | Investors | Location |
KTO Digital | $3M | 31 Jan 2021 | Midrand, Gauteng, South Africa | ||
WhereIsMyTransport | $7M | 28 Feb 2020 | London, England, United Kingdom | ||
Snapt | $3M | 06 Dec 2018 | Atlanta, Georgia, United States | ||
Aerobotics | $2M | 18 Jul 2018 | Gauteng |
