Partner Elite and Karoobos Investments invest in IoTdc

Partner Elite, a division of Raizcorp has Karoobos Investments have invested an undisclosed, but significant, sum in IoTdc, an innovative and rapidly growing internet-of-things company. This partnership will provide support to scale IoTdc. Even though the majority of...

Endeavor’s Harvest Fund II doubles fund size to R130m

Endeavor South Africa has announce that R130-million has been raised to date in its Harvest Fund II, doubling the fund size since its first close in late February 2021. The Fund is on track to be fully invested by 2022, a year ahead of plan, and has invested in six...

New MD for Altron Security

Andrew Whittaker has been appointed as as MD of Altron Security with effect from 1 December 2021. Previously executive: services and business development at Altron Security, where he was responsible for sales, business development, marketing, and services management,...

e4 announces UK expansion

South African proptech digitalisation specialist e4 is expanding into European markets. Having recently launched a new group in the UK, long-standing executive director from South Africa, Simon Slater, has relocated to the UK to head up the venture. Slater’s...

Adumo acquires alternative payments provider SwitchPay

South African fintech group Adumo has announced its investment into SwitchPay, a provider of alternative payment solutions for consumers both in-store and online. The value of the investment is undisclosed. According to Adumo CEO Paul Kent, the investment comes at a...

Fundi acquires edtech startup

EduOne, a Cape Town-based education technology (edtech) startup, has recently been acquired by education finance and education fund management solution specialist Fundi. Started in 2015 by Jason Basel, who served as the company’s CEO since inception, and...