Increasing VC activity in SA
The world-wide trend of increased confidence in VC funding, especially in the technology sector is spilling over to South Africa. With a number of very high profile Tech success stories hitting the headlines in the last months, its great to see that Venture Capital firms in South Africa are not staying behind.
Once of the better known VC firms in SA namely HBD Ventures headed up by Mark Shuttelworth http://www.hbd.co.za/ recently announced that they will be investing in a sport technology firm called EDH.
For the full story click here: http://www.sabusinesshub.com/webforum/viewtopic.php?t=264
For details of VC firms in South Africa, click on Venture Captital under Catagories on the right of this blog.