Mamor Capital Secures R300m First Close for New South African Tech Fund

Mamor Capital Secures R300m First Close for New South African Tech Fund

Black women-owned venture capital firm Mamor Capital Ventures has secured R300 million ($18.8 million) in the first close of its debut technology fund, giving the Johannesburg-based investor fresh capital to back growing South African tech companies. The first close puts Mamor Capital more than halfway towards its R550 million fundraising target and allows the firm […] The post Mamor Capital Secures R300m First Close for New South African Tech F…

South African VC Mamor Capital raises $18.8 million first fund

Mamor is still raising towards its R550 million ($34.375 million) target and says it will invest in South African technology companies that already have paying customers.

Mamor Capital raises R300m for SA tech start-ups

The venture capital firm will invest R300 million in scalable SA tech businesses after securing institutional backing for its first fund.

Mamor Capital Reaches USD 18.8 M First Close For South Africa Tech Fund

South African venture capital firm Mamor Capital Ventures has reached a ZAR 300 The post Mamor Capital Reaches USD 18.8 M First Close For South Africa Tech Fund appeared first on WeeTracker.

Black Women-led VC Mamor Capital Raises $18.8M To Fund SA’s Tech Ecosystem

Mamor Capital Ventures has reached a R300 million ($18.8 million) first close for its debut venture capital fund, giving the South African firm enough capital to begin investing in post-revenue technology companies as it continues raising toward a R550 million ($34 million) target. The Johannesburg-based firm, which is black women-owned and managed, reached the milestone after more than three years of fundraising. With the first close now secure…

Mamor Capital Hit a R300 Million First Close on Fund 1, Anchored by the PIC:

HedgeCo.Net — Mamor Capital Ventures said Monday it had reached a R300 million first close on its inaugural Fund 1, giving the black women-owned South African venture firm capital to begin investing in post-revenue technology businesses while it continues raising toward a R550 million target. Bizcommunity dated the print August 31. TechFinancials independently carried the same R300 million first close, the same R550 million target, and the same …