Stocks & Strauss closes $24M fund to commercialise South African university deep-tech

South African company Stocks & Strauss has formally closed a $24 million fund targeting the commercialisation of university deep-tech spin-outs in satellites, biotech, and HR technology. The close builds on the fund's earlier milestone past $42 million in total platform assets reported on 27 June and provides a structured capital vehicle for South African academic intellectual property.