It is not hard to get the attention of international VCs any longer – you can reach right out directly to most of them on email, LinkedIn, or their website with your pitch deck, says Llew Claasen.
First-time technology entrepreneurs in South Africa may think that local investors can meet their capital requirements indefinitely. Unfortunately, South Africa’s venture capital (“VC”) funding landscape is relatively immature, especially on the later stage side ($2m+ investment rounds). South African startups must get most of their capital from international investors (usually VCs and Angels) once they achieve early product-market fit and wish to accelerate their growth (typically at Series A and beyond).
Subscribe to News24 for just R75 per month to read all our investigative and in-depth journalism.
You can cancel any time.