Naspers
Venture Capital

Naspers Shuts Down Naspers Foundry, its SA Focused VC Arm

Naspers has shut down Naspers Foundry, its $100 million South Africa-focused venture capital fund. Despite the closure, Naspers says it

Funding Investment Venture Capital

Naspers Foundry Leads $3.3m Series A Investment in LifeCheq

Naspers, through its early-stage tech investment vehicle Naspers Foundry, has led a $2.5 million investment in LifeCheq, a fintech platform empowering

AgricTech Funding Investment

Naspers Foundry Leads $5.1m Equity Round in Agritech Company Nile

Naspers, through its early-stage tech investment vehicle Naspers Foundry, has announced a $2.5 million investment in Nile, an agritech company

SweepSouth
Acquisition

Naspers-Backed SweepSouth Acquires Egypt’s Filkhedma

SweepSouth, a Naspers-backed online home services platform, has acquired Egyptian startup FilKhedma to expand into the North African country. The

Business Press Release

Naspers-Backed SweepSouth Connect Launches in Nigeria 🇳🇬

SweepSouth Connect, the Naspers-backed online platform that connects people with reliable and vetted service professionals, has launched operations in Nigeria.

Funding Insurtech Investment Startup Venture Capital

Naspers Foundry Leads $11m Series A Investment in Insurtech Startup, Naked

Naspers, through its early-stage tech investment vehicle Naspers Foundry, announced a US$8.3 million investment in Naked, the artificial intelligence (AI)-driven insurtech company that offers

Ctrl
Insurtech

SA Digital Insurance Advice Startup Ctrl Secures $2.3m Investment From Naspers Foundry

Ctrl, the South African digital insurance advice platform, has raised a R34 million ($2.3 million) investment from Naspers Foundry. The

Funding Investment Mobility Transport Venture Capital

SA Mobility Startup WhereIsMyTransport Raises $14.5m Investment Led by Naspers

WhereIsMyTransport, a South African mobility startup, has raised a $14.5 million funding round led by Naspers Foundry with $3 million.

Acquisition

Naspers’ Prosus Acquires Stack Overflow For US$1.8 billion

Naspers-controlled internet investment firm Prosus, announced today that it has entered into a definitive agreement to acquire Stack Overflow, a

The Student Hub
Edtech Funding

South African Edtech Startup, The Student Hub Secures $2.9m Investment From Naspers

The Student Hub, a South African edtech startup, has secured $2.9 million from Naspers Foundry, Naspers’s R1.4 billion early-stage tech