South African agri-tech startup Nile secures $5.1m funding round led by Naspers Foundry
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South African agri-tech startup Nile secures $5.1m funding round led by Naspers Foundry

ByTechTrends

Nile, a South African agri-tech firm that uses its platform to allow purchasers to buy directly from Africa’s top food producers, has raised a ZAR83 million (US$5.1 million) equity fundraising round headed by Naspers Foundry. Nile was founded in 2020 with the goal of providing farmers with digital solutions to address several pain points associated…

Meet the Investor: Fabian Whate, Naspers Foundry

Meet the Investor: Fabian Whate, Naspers Foundry

ByTechTrends

From being conspicuous by its absence from the local tech startup investment scene for so long, Naspers – one of the largest technology investors in the world – is now making up for lost time in its home market of South Africa. Naspers announced the launch of its ZAR1.4 billion (US$96 million) Foundry fund, an investment vehicle aiming…