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Mamor Capital Raises $18.8M Debut Fund for South African Tech Startups
Mamor Capital, a Black women-led South African venture capital firm, has reached a first close of $18.8 million (approximately R300 million) for its debut tech fund, with the Public Investment Corporation as an anchor investor. The fund targets revenue-stage technology companies and is noted as a meaningful DEI and local capital formation milestone in South Africa's startup ecosystem.
4 sources
- South African VC Mamor Capital raises $18.8 million first fund · techcabal.com · T1
- Black Women-led VC Mamor Capital Raises $18.8M to Fund SA’s Tech Ecosystem · techbuild.africa · T2
- South Africa’s Mamor Capital Lands $18.8m First Close for Debut Tech Fund · launchbaseafrica.com · T1
- Mamor Capital raises R300m for SA tech start-ups · itweb.co.za · T2