Troop secures $11m Series B funding

Troop, global developer of corporate meeting technology and services, has announced that it has secured $11-million (R201-million) in Series B funding. The funding will contribute towards expanding the company’s presence in South Africa and globally. Troop plans...

Ramp secures $5m in seed funding

Ramp, a forecasting decision science startup that is transforming how global finance teams plan for the future, has closed a $5-million seed round, which it intends to utilise to streamline the onboarding of new clients to allow for scale. Ramp was created in 2018...

SA to lead growth for Atlas

Atlas, the global HRTech company that simplifies international hiring and payroll, has launched in South Africa as part of its global expansion plan. Since 2022, Atlas has doubled its presence in the Middle East Africa (MEA) region and now plans to make South Africa...

Coaxle buys into iX

Coaxle, the integrated data and insights company of which Lightstone is a member, has acquired a 50% interest in iX, a provider of digital solutions primarily to the retail automotive industry. The acquisition will strengthen the synergies between iX and long-standing...

Management buyout at Interconnect Systems

Privately held network infrastructure company Interconnect has announced that its executive team has bought out the share of the company held by its remaining co-founder, Tai van Aswegen. The transaction will be effective on 31 March 2023. “The management buyout...