HAVAIC

HAVAÍC is an early-stage venture capital firm that invests in and supports high-growth, post-revenue African technology startups with global potential, based in Cape Town, South Africa. The firm provides "smart capital" through a combination of direct funding, corporate advisory, capital raising, and strategic services, including M&A, to facilitate international scaling for its portfolio. HAVAÍC currently manages 14 portfolio companies across 15 total investments, primarily in technology-enabled sectors such as computer/electronics, financial/insurance, and health/medical/life sciences. Its African Innovation Fund 3 targets US$50 million, having secured over US$30 million in commitments and deployed approximately US$10 million into 8 companies as of late 2024, supported by 4 investment executives. Notable investors include E Squared Investments, while portfolio companies feature fintech provider SAPay and fraud prevention specialist Entersekt. The fund commenced operations in 2016.