Naspers shuts down R1.4bn SA-focused tech fund Foundry

United States News News

Naspers shuts down R1.4bn SA-focused tech fund Foundry
United States Latest News,United States Headlines
  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

But the group will maintain the investments it has made through Foundry

Naspers has shut down its R1.4bn SA-focused technology investment fund, Foundry, as the group slims operations and venture capital takes a hit globally.

The group will maintain the investments it has made through the four-year-old fund, which include successful start-ups such as online home-cleaning business SweepSouth and agritech firm Aerobotics...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BDliveSA /  🏆 12. in ZA

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Why Africa Must Accelerate Its Focus on AML Compliance - IT News Africa - Up to date technology news, IT news, Digital news, Telecom news, Mobile news, Gadgets news, Analysis and ReportsWhy Africa Must Accelerate Its Focus on AML Compliance - IT News Africa - Up to date technology news, IT news, Digital news, Telecom news, Mobile news, Gadgets news, Analysis and ReportsIn the wake of recent African cyber security attacks and hefty AML bank fines, the topic of compliance is on everyone’s tongue. That is why this article will focus on one of the most vital business security measures available today, namely AML. AML is short for Anti Money Laundering. To fulfill AML compliance requirements, many […]
Read more »

Magala, Rickelton backed in new Proteas contract group, but Phehlukwayo's fall confirmed | SportMagala, Rickelton backed in new Proteas contract group, but Phehlukwayo's fall confirmed | SportSisanda Magala newfound prominence in the Proteas bowling group has been confirmed after Cricket South Africa announced him as one of three new nationally contracted players for next season. | Sport24news
Read more »

Schmidt out of All Blacks coaching raceSchmidt out of All Blacks coaching raceNew Zealand assistant coach Joe Schmidt confirmed on Saturday he won't lead the All Blacks next year, saying his focus will not extend beyond this year's World Cup.
Read more »

'My resignation is not an admission of guilt' — MakwarelaThe former mayor of Tshwane, Murunwa Makwarela, says his resignation is not an admission of guilt but rather to allow the City of Tshwane to focus on service delivery.
Read more »



Render Time: 2025-04-18 02:06:36